Funded Trader Markets New Consistency Challenge
TheTrustedProp
Date: September 25, 2024
Funded Trader Markets (FTM) is changing things to make it easier for traders. They are introducing two new options for challenges that are more affordable and flexible. Let’s take a look at what these changes mean for you.
1. Why Changes Are Happening
1.1 Listening to Traders
FTM understands that traders want better options. They are changing their challenges to meet these needs, making it easier and cheaper for everyone to participate.
2. What is the Consistency Challenge?
2.1 New Features
The Consistency Challenge has some exciting updates. Now, there are regular discounts of 40-50%, which makes it easier for traders to take part without spending too much money.
2.2 Easier Requirements
The consistency requirement for funded accounts has been lowered from 50% to 45%. This means you can manage your performance more easily while still being part of the challenge.
2.3 Keeping Challenge Rules
Even though there are discounts, you still need to meet a 50% consistency requirement during the challenge. This ensures you keep a good level of performance.
3. The New No Consistency Challenge
3.1 What’s This About?
FTM is also launching a No Consistency Challenge soon. This option allows traders to have more flexibility, but it comes with some rules.
3.2 Meeting Requirements
In this challenge, traders need to complete four trading days and make a 0.5% profit each day to pass. This option gives you more freedom but still requires some effort.
3.3 Rules After the Challenge
Once you get your funded account, there is a 30% consistency requirement to follow. This rule encourages responsible trading habits.
4. Payouts: Getting Your Money
4.1 Easy Payouts
FTM wants traders to feel secure, so they offer on-demand payouts for both challenges. You can get your money when you need it, which is very convenient.
4.2 Quick Payout Guarantee
FTM also has a 24-hour payout guarantee. If your payout isn’t processed in 24 hours, you will receive a free challenge of the same size. This helps ensure that you get your money quickly.
Conclusion
In summary, Funded Trader Markets is entering a new phase that makes trading challenges better. With options like the Consistency Challenge and the No Consistency Challenge, along with fast payouts, FTM is working hard to meet the needs of today’s traders.