FTMO challenge time limits removed as they offer a 10% discount on the Challenge and Verification packages. This is a piece of exciting news for traders who have been looking forward to this feature for a while now. With the new update, prop traders can now take their time to meet profit targets and as well as avoid the pressure of a ticking clock.
In the latest announcement by the company, FTMO has scarped its trading time limits and offers a 10% discount for all its challenge programs to celebrate this feat.
FTMO Challenge Time Limits Removal
Starting from July 13th, FTMO Trading has officially abolished the time limit for challenges and verifications. Traders can now undertake the challenge or verification process without being constrained by a specific timeframe, allowing for greater flexibility and freedom. In addition to this, FTMO is also offering a 10% discount on all its trading packages.
Furthermore, the free repeats and 14-day extensions have been eliminated, as traders attempting an FTMO Challenge or Verification are no longer constrained by a maximum of 30 trading days to achieve a 10% profit target or a 60-day limit to attain a 5% profit target during the verification phase. Furthermore, you can purchase an FTMO Challenge with a 10% discount until Friday midnight.
Implications for Traders
Trading time limit removal is a significant development for traders who are looking to trade with FTMO. Previously, traders had a 30 and 60-day limited amount of time to complete the challenge or verification process, which could put a lot of pressure on them to perform well within a short time frame.
With the removal of trading time limits, traders can now take their time to complete the process without feeling rushed or pressured.
This change will also allow traders to focus on their trading strategies and risk management techniques without worrying about meeting a deadline. This will ultimately lead to better trading results and improved performance.
Reasons Behind the Decision
The FTMO challenge time limits removal decision was part of the company’s ongoing efforts to improve the trading experience for its traders. FTMO firmly upholds the belief that traders should have ample time to complete the challenge or verification process without unnecessary pressure, thereby empowering them to pursue and achieve their goals as well as maximize profits and payouts.
In addition to this, FTMO is also offering a 10% discount on all its trading packages. The discount is being extended as an incentive to entice more traders to become part of the FTMO community and reap the benefits it provides.
Also, the removal of FTMO challenge time limits and the 10% discount offer are positive developments for traders who want to trade with FTMO. These changes will allow them to focus on their trading strategies and risk management techniques without feeling rushed or pressured.
FTMO 10% Discount Offer
FTMO has also announced a 10% discount on their trading accounts. This discount is applicable to all FTMO accounts, including the Challenge, Verification, and Funded accounts. The discount is a limited-time offer and is available to all traders who sign up for an FTMO account during the 36-hour promotional period.
How to Get the Discount
To get the FTMO 10% discount, traders need to use the promo code: SAVE10 during the account sign-up process. The promo code is valid for 36 hours only and can only be used once per trader. Traders who have already signed up for an FTMO account can also avail of the discount by purchasing a new FTMO program.
Impact on Trading Community
The trading community can anticipate a substantial impact with the removal of the maximum trading days limit and the introduction of the 10% discount.
The introduction of the no maximum trading time limits means that traders will no longer be under pressure to complete the challenge within a specific time frame. This will allow traders to take their time and focus on their trading strategies, which should lead to better results.
The expected result of the 10% discount is the attraction of a greater number of traders to FTMO. This, in turn, will enhance the diversity and skill level within the trading community. The discount will make FTMO’s accounts more accessible to traders with limited capital, which should lead to more traders taking advantage of FTMO’s proprietary trading platform.
FTMO Free Trial Challenge
FTMO prop firm offers a 14-day free trial for their evaluation account to allow traders to try the trading platform before committing money. The FTMO challenge free trial is a good risk-free trading feature for those who want to test how their platform works, and learn about the available trading instruments, trade execution, and spreads as well as test their trading skills to know if they can really pass the challenge.
First, you need to sign up for FTMO account or sign in if you already have an account. Navigate to the FTMO client area. Within the dashboard, you will see a free trial button.
– Click on the free trial
– Select the account currency
– Choose the risk model between Normal and Aggressive
– Choose the account balance from $10,000 to $200,000.
– Choose the leverage of FTMO – 1:100 or FTMO Swing – 1:30.
– Select either the MT4 or MT5 trading platform
– Agree to their terms and conditions and click Start free trial.
– Start the 14-day free trial to access your trading performance.
Conclusion
The removal of time limits means that traders can now focus on their trading strategy and take the time they need to achieve the profit targets. Traders who are seeking an affordable way to begin prop trading will appreciate the welcome addition of a 10% discount. Traders will find FTMO’s affordability consistently acknowledged, and this new discount further improves accessibility for them.
For traders seeking a cost-effective and flexible entry into prop trading, FTMO stands as an excellent choice overall. With the FTMO challenge time limits days removal and the new discount, FTMO is now an even better option for traders who want to take their time and achieve their profit targets without having to worry about any unnecessary pressure.
