How does FTMO calculate payouts for cryptocurrency traders?
Jeffrey RufusMay 18, 2021 · 4 years ago3 answers
Can you explain the payout calculation process used by FTMO for cryptocurrency traders?
3 answers
- Tarun JindalAug 08, 2021 · 4 years agoSure! FTMO calculates payouts for cryptocurrency traders based on a combination of factors. These factors include the trader's performance, the size of their trading account, and the specific rules and conditions set by FTMO. The payout calculation process takes into account the trader's profit and loss, as well as any fees or commissions. It is designed to ensure fair and transparent compensation for successful traders.
- Bojesen HauserNov 30, 2021 · 4 years agoFTMO uses a proprietary algorithm to calculate payouts for cryptocurrency traders. This algorithm takes into consideration various metrics such as the trader's trading volume, profitability, and risk management. The algorithm is designed to reward traders who consistently generate profits while effectively managing risk. By using this algorithm, FTMO aims to provide fair and competitive payouts to its cryptocurrency traders.
- Rotaru SilviuJun 20, 2020 · 5 years agoWhen it comes to calculating payouts for cryptocurrency traders, FTMO follows a transparent and objective approach. They consider factors such as the trader's trading performance, risk management, and adherence to their trading rules. FTMO aims to reward traders who demonstrate consistent profitability and effective risk management. It's important to note that each trader's payout may vary based on their individual performance and the specific conditions set by FTMO.
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