General

Yes. You can hold positions overnight.

Yes. We provide funded accounts in US dollars (USD), Euros (EUR), and British Pounds (GBP).

No. The assessment and funded trading must take place with ThinkMarkets.

Yes. When trading with FT Mogul, you have the option to employ a VPS to host your expert advisor.

No. Our objective is to cooperate with traders using strategies we can replicate. HFT strategies are hard to monetise and often result in poor performance.

Indeed, certain optimal trading strategies hinge on personalized indicators and automation. Whether you adopt a manual point-and-click approach or employ an Expert Advisor (EA), both are acceptable to us. What holds significance is that the strategy is one you've formulated, rather than one acquired solely for meeting assessment requirements.

At FT Mogul, different instruments have different allowed maximum leverage. The default leverage for Forex is set at 1:50, but there's an option to enhance it to 1:100. Indices, commodities including oil and metals have a maximum leverage of 1:20. Crypto has a maximum leverage of 1:2. Opting for higher leverage translates to increased purchasing potential, but it also expands your maximum exposure.

ThinkMarkets, our collaborator, provides an extensive array of trading instruments encompassing currency pairs, cryptocurrencies, precious metals, oil, and indices.

When engaging in trading activities involving currencies, metals, and cryptocurrencies, a commission of $7 per lot applies. Conversely, trading oil or indices incurs no commission charges.

Since our inception, we have disbursed substantial sums to traders – a fact that is substantiated by evidence. To verify this, you can refer to the payout certificates displayed within our community on the Discord server.

Actual funds are not being traded. The execution of all orders takes place within a simulated environment utilizing virtual funds.

FT Mogul functions as a private trading company, presenting retail traders with an opportunity to participate in a funded trader program. Upon successful completion of the paid assessment, traders receive a funded trading account furnished with the company's capital. Compensation for funded traders comes in the form of a performance fee. It's important to note that we are not a financial services provider and do not offer brokerage accounts. All the capital utilized within the funded trader program is owned by FT Mogul.

Although we extend funding to nearly all traders who successfully pass, there are infrequent instances where we may opt not to provide funding. This decision could stem from the belief that their trading aligns poorly with our risk tolerance or lacks adequate data for evaluation. In such very uncommon scenarios, we engage in discussions to determine the next steps, which may entail recommending a reassessment or initiating a refund process.

Yes. Breaching the daily loss limit or the overall loss limit means losing your profits as well.

Should you abstain from opening, closing, or modifying any positions for a continuous period of 30 days or more, your account will be subject to closure. If you possess a funded account, your entitlement to the performance fee derived from the account's profits remains intact. Regrettably, if account termination occurs as a consequence of inactivity, you will be required to reattempt the assessment.

Once you successfully pass the assessment, you'll receive a funded account to exercise your trading discretion. This account allows you to trade using capital provided by FT Mogul with a DX Trader account.

Yes.

Yes. Stop loss and take profit orders are strongly advocated for risk management purposes as default measures. We urge all traders to implement them during assessments and while engaging with funded accounts. Within the realm of FT Mogul accounts, stop losses are obligatory by default. Any position initiated without a stop loss will undergo automatic closure, potentially resulting in losses due to spreads and commissions. Nevertheless, when configuring your assessment, there's an option to acquire an add-on at a 10% surcharge. This add-on grants you the freedom to forego using a stop loss before executing an order.

All accounts are subject to stringent exposure limits, which are enforced to mitigate risks for both you and us. The maximum quantity of lots you're permitted to open simultaneously is contingent on your account size and the chosen leverage. For instance, with a $25,000 account and 1:10 leverage, your maximum exposure is set at 2.5 lots. If the leverage is elevated to 1:20, your maximum exposure extends to 5 lots. However, there's an exception: should you neutralize the risk of a position by placing a stop loss at break-even or in a profitable range, you can open additional positions. Exceeding…

Exceeding a drawdown of 10% from the high watermark within your account equity will lead to a breach of the max trailing loss rule. The high watermark is initially equivalent to your starting balance when commencing an assessment or funded account. As you accumulate profits, your high watermark escalates, while losses do not cause it to diminish. Upon achieving a 10% profit in your funded account, the maximum trailing loss ceases to follow the high watermark and instead becomes fixed at your starting balance. To delve into greater detail and observe illustrative cases, consult our rules article for comprehensive insights.

Should your account equity experience a drawdown of 5% or more within a single day, you will trigger the max daily loss rule. This rule is activated when your equity drops below 5% of your end-of-day balance from the preceding day at 21:00 UTC. The end-of-day balance is recalibrated daily. To gain further insight and review instances, you can refer to our rules article for detailed information.

To successfully complete the FT Mogul assessment, your objective is to achieve a 10% profit within your account. The assessment is considered passed when your account's equity reaches or surpasses 10% of the initial balance. Upon reaching this threshold, the assessment concludes, and all trades within your account are automatically closed.

Yes. You can trade with an automated trading strategy, provided you are the developer or have purchased a commercial robot and customised the functionality for your strategy.

Yes, there is no time limit to trade durations, and we allow the trader to hold trades over weekends.

No. Our objective is to cooperate with traders using strategies we can replicate. HFT strategies are hard to monetise and often result in poor performance.

Indeed, certain optimal trading strategies hinge on personalized indicators and automation. Whether you adopt a manual point-and-click approach or employ an Expert Advisor (EA), both are acceptable to us. What holds significance is that the strategy is one you've formulated, rather than one acquired solely for meeting assessment requirements.

At FT Mogul, different instruments have different allowed maximum leverage. The default leverage for Forex is set at 1:50, but there's an option to enhance it to 1:100. Indices, commodities including oil and metals have a maximum leverage of 1:20. Crypto has a maximum leverage of 1:2. Opting for higher leverage translates to increased purchasing potential, but it also expands your maximum exposure.

ThinkMarkets, our collaborator, provides an extensive array of trading instruments encompassing currency pairs, cryptocurrencies, precious metals, oil, and indices.

When engaging in trading activities involving currencies, metals, and cryptocurrencies, a commission of $7 per lot applies. Conversely, trading oil or indices incurs no commission charges.

Yes. Simultaneous engagement in multiple assessments is permissible, granted that the accounts are utilized for different products and strategies. A cap of $1,000,000 is placed on the allocation to each trader at any specific juncture, and a maximum of 4 accounts are permitted at the same time.

Actual funds are not being traded. The execution of all orders takes place within a simulated environment utilizing virtual funds.

Although we extend funding to nearly all traders who successfully pass, there are infrequent instances where we may opt not to provide funding. This decision could stem from the belief that their trading aligns poorly with our risk tolerance or lacks adequate data for evaluation. In such very uncommon scenarios, we engage in discussions to determine the next steps, which may entail recommending a reassessment or initiating a refund process.

You only need to pay a small, one-time fee to participate in the challenge. The fee starts from $99.

When it comes to a prop firm such as FT Mogul, you cannot lose your investment as you do not invest in Forex. You pay a sign-up fee, that's your only one-time cost.

Currently, FT Mogul supports DX Trader. We are working on integrating other trading platforms.

Our  DX Trader accounts are hosted by ThinkMarkets, an established broker.

Yes. You can trade with an automated trading strategy, provided you are the developer or have purchased a commercial robot and customised the functionality for your strategy.

At FT Mogul, different instruments have different allowed maximum leverage. The default leverage for Forex is set at 1:50, but there's an option to enhance it to 1:100. Indices, commodities including oil and metals have a maximum leverage of 1:20. Crypto has a maximum leverage of 1:2. Opting for higher leverage translates to increased purchasing potential, but it also expands your maximum exposure.

ThinkMarkets, our collaborator, provides an extensive array of trading instruments encompassing currency pairs, cryptocurrencies, precious metals, oil, and indices.

When engaging in trading activities involving currencies, metals, and cryptocurrencies, a commission of $7 per lot applies. Conversely, trading oil or indices incurs no commission charges.

No. The initial sign-up fee covers all expenses linked to engaging in the assessment. There will be no ongoing obligations to cover costs related to market data, trading platforms, or any other elements. Nonetheless, in the event of an unsuccessful assessment, a repurchase will be necessary for making another attempt.

Generally, retroactive changes are not possible. This also applies to cases where an incorrect account is selected or an add-on is overlooked. However, feel free to get in touch with us to explore potential solutions.

Actual funds are not being traded. The execution of all orders takes place within a simulated environment utilizing virtual funds.

FT Mogul functions as a private trading company, presenting retail traders with an opportunity to participate in a funded trader program. Upon successful completion of the paid assessment, traders receive a funded trading account furnished with the company's capital. Compensation for funded traders comes in the form of a performance fee. It's important to note that we are not a financial services provider and do not offer brokerage accounts. All the capital utilized within the funded trader program is owned by FT Mogul.

Earnings can be withdrawn 24 hours after the receipt of your funded account. Our approach is to discourage excessive greed among traders, thus if you've accrued profits, we encourage you to seize the opportunity to withdraw them. However, if you opt to retain profits within your account for the purpose of compounding and further growth, that choice is equally acceptable.

Yes. After making a 10% profit in your funded account, we shall refund your assessment fee alongside your profit share payout. However, we do not refund add-ons. Assessment fee refunds are only issued on the first occasion you scale a funded account.

FT Mogul funded traders receive a performance fee based on the profits they generate within their funded accounts. During the process of configuring your assessment, you have the option to select enhanced performance fee levels of 80% or 90% by incorporating relevant add-ons.

No. The initial sign-up fee covers all expenses linked to engaging in the assessment. There will be no ongoing obligations to cover costs related to market data, trading platforms, or any other elements. Nonetheless, in the event of an unsuccessful assessment, a repurchase will be necessary for making another attempt.

Since our inception, we have disbursed substantial sums to traders – a fact that is substantiated by evidence. To verify this, you can refer to the payout certificates displayed within our community on the Discord server.

Generally, retroactive changes are not possible. This also applies to cases where an incorrect account is selected or an add-on is overlooked. However, feel free to get in touch with us to explore potential solutions.

Anticipate receiving your assessment account promptly within 10 minutes of placing your order. Following the successful completion of identity verification, your funded account is projected to be delivered to you within 48 hours.

Yes. Simultaneous engagement in multiple assessments is permissible, granted that the accounts are utilized for different products and strategies. A cap of $1,000,000 is placed on the allocation to each trader at any specific juncture, and a maximum of 4 accounts are permitted at the same time.

No. The initial sign-up fee covers all expenses linked to engaging in the assessment. There will be no ongoing obligations to cover costs related to market data, trading platforms, or any other elements. Nonetheless, in the event of an unsuccessful assessment, a repurchase will be necessary for making another attempt.

Yes. Whenever you achieve a 10% profit milestone, you become eligible for increased funding, a process referred to as scaling.

To effectively mitigate risk, we implement diverse regulations, which encompass stipulations such as the mandatory usage of stop losses, the retention of positions over weekends, or the adjustment of leverage. Additionally, we provide supplementary add-ons that enable the removal of these rules for an extra charge. The cost of each add-on varies in accordance with the size of the account.

Since our inception, we have disbursed substantial sums to traders – a fact that is substantiated by evidence. To verify this, you can refer to the payout certificates displayed within our community on the Discord server.

Generally, retroactive changes are not possible. This also applies to cases where an incorrect account is selected or an add-on is overlooked. However, feel free to get in touch with us to explore potential solutions.

By 2023, FT Mogul established itself as an autonomous entity, boasting its own distinct identity, community, and persona.

Actual funds are not being traded. The execution of all orders takes place within a simulated environment utilizing virtual funds.

FT Mogul functions as a private trading company, presenting retail traders with an opportunity to participate in a funded trader program. Upon successful completion of the paid assessment, traders receive a funded trading account furnished with the company's capital. Compensation for funded traders comes in the form of a performance fee. It's important to note that we are not a financial services provider and do not offer brokerage accounts. All the capital utilized within the funded trader program is owned by FT Mogul.