What is the cost of participating in the FTMO Challenge in the cryptocurrency industry?

3 answers

• mona gargFeb 19, 2022 · 4 years ago
  The cost of participating in the FTMO Challenge in the cryptocurrency industry includes a one-time registration fee of $199. This fee covers the administrative costs and ensures that only serious participants join the challenge. Additionally, participants are required to deposit a minimum amount of $1,000 as their trading capital. This capital is used for trading activities during the challenge period. It's important to note that any profits made during the challenge are split between the participant and FTMO, with the participant receiving 70% of the profits. Overall, the cost of participating in the FTMO Challenge is reasonable considering the potential rewards and the opportunity to showcase your trading skills in the cryptocurrency industry.
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• jhk yzjJul 16, 2021 · 4 years ago
  Participating in the FTMO Challenge in the cryptocurrency industry requires a one-time registration fee of $199. This fee covers the administrative expenses and ensures that participants are committed to the challenge. In addition to the registration fee, participants need to deposit a minimum of $1,000 as their trading capital. This capital is used for trading activities during the challenge period. It's important to note that participants are responsible for any trading losses incurred during the challenge. However, any profits made are split between the participant and FTMO, with the participant receiving 70% of the profits. The cost of participating in the FTMO Challenge is a worthwhile investment for traders looking to prove their skills and potentially earn significant profits in the cryptocurrency industry.
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• JiteshOnlineOct 06, 2020 · 5 years ago
  The cost of participating in the FTMO Challenge in the cryptocurrency industry is a one-time registration fee of $199. This fee covers the administrative expenses and ensures that only serious participants join the challenge. Additionally, participants need to deposit a minimum of $1,000 as their trading capital. This capital is used for trading activities during the challenge period. It's important to note that participants are responsible for any trading losses incurred during the challenge. However, any profits made are split between the participant and FTMO, with the participant receiving 70% of the profits. The cost of participating in the FTMO Challenge is reasonable considering the potential rewards and the opportunity to showcase your trading skills in the cryptocurrency industry. Keep in mind that the FTMO Challenge is a great way to gain experience and potentially attract the attention of other industry players.
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