Can you use FTMO in the US? Is FTMO trading available in the US? What are the regulations for FTMO accounts in the United States? If you’re a trader in the US and interested in FTMO, these questions may have crossed your mind. In this article, we will explore the availability of FTMO to US traders and provide you with valuable insights on this topic.
Key Takeaways:
- FTMO is currently not available to new and existing clients based in the United States.
- Existing US clients can continue using FTMO’s services.
- FTMO does not accept clients from certain US states and legal entities like company trusts.
- Compliance with local regulations and market conditions led to this temporary restriction.
- FTMO is actively working on making its services available to US traders again in the future.
Where is FTMO Based? Learn About the Offices of FTMO
FTMO’s main headquarters is located in Prague, Czech Republic. The address for the headquarters is FTMO s.r.o., Na Pankráci 1683/127, 140 00 Praha 4, Czech Republic. The office hours for the headquarters are Monday to Friday, 9:00 AM to 5:00 PM (CET).
FTMO also has offices in various locations around the world:
London, United Kingdom
The FTMO office in London serves as a regional hub for traders in the United Kingdom. It provides support and assistance to traders in the region.
Sydney, Australia
Traders in Australia can find support and resources at the FTMO office in Sydney. The office operates within Australian business hours to cater to the needs of local traders.
Toronto, Canada
The FTMO office in Toronto is a regional hub for traders in Canada. It offers assistance and guidance to traders based in the country.
New York, USA
The FTMO office in New York serves as the regional hub for traders in the United States. While FTMO is temporarily unavailable for new and existing clients in the US, the office provides support to existing clients.
For more information about FTMO’s office locations and contact information, please visit the FTMO website.
Frequently Asked Questions about FTMO
Here are some frequently asked questions about FTMO:
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Is FTMO available in all countries?
Yes, FTMO is available for traders in multiple countries around the world. However, it is essential to check the availability in your specific country before applying. You can visit the FTMO website to see the list of countries where FTMO is available.
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Is FTMO a legitimate trading company?
Yes, FTMO is a legitimate prop trading company with a proven track record in the industry. They provide funding and support for traders through their proprietary trading program. Many traders have successfully benefited from the opportunities offered by FTMO.
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How can I check if FTMO is available in my country?
To determine if FTMO is available in your country, you can visit the FTMO website and navigate to the ‘Availability’ section. There, you will find a comprehensive list of countries where FTMO accepts traders.
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Can I apply for FTMO funding if I reside outside of the available countries?
No, FTMO only accepts traders who reside in the countries listed on their website. If your country is not on the list, you will not be eligible to apply for FTMO funding. It is important to comply with the eligibility criteria set by FTMO.
| Question | Answer |
|---|---|
| Is FTMO available in all countries? | Yes, FTMO is available for traders in multiple countries. However, it is important to check the availability in your specific country before applying. |
| Is FTMO a legitimate trading company? | Yes, FTMO is a legitimate prop trading company with a proven track record in the industry. |
| How can I check if FTMO is available in my country? | You can visit the FTMO website and navigate to the ‘Availability’ section to find the list of countries where FTMO accepts traders. |
| Can I apply for FTMO funding if I reside outside of the available countries? | No, FTMO only accepts traders who reside in the countries listed on their website. Compliance with the eligibility criteria is necessary. |
Conclusion
In conclusion, FTMO is currently facing a temporary restriction on its availability to US traders. This restriction is a result of specific market conditions and compliance with local regulations. However, existing clients can continue to utilize FTMO’s services without any interruption.
FTMO is actively working towards making its platform available again to US traders in the future. They are dedicated to finding solutions that align with the regulatory framework and market dynamics. Traders who are affected by this temporary restriction should stay updated on the latest developments and regulations regarding FTMO’s availability in the US market.
In the meantime, traders can explore alternative prop trading firms that offer similar opportunities for funding and support. It is essential for traders to consider other options that can fulfill their trading needs and goals. Doing so will allow them to continue pursuing their trading journey and capitalize on potential opportunities.
FAQ
Is FTMO available to traders in the United States?
As of January 2024, FTMO has suspended the purchase of the FTMO Challenge for new and existing clients based in the United States. This suspension applies to both US nationals and residents. However, existing US clients can continue to use the services as normal.
Where is FTMO based and what are its office locations?
FTMO’s main headquarters is located in Prague, Czech Republic. The address for the headquarters is FTMO s.r.o., Na Pankráci 1683/127, 140 00 Praha 4, Czech Republic. FTMO also has offices in London, United Kingdom; Sydney, Australia; Toronto, Canada; and New York, USA. These offices serve as regional hubs and provide support to traders in their respective regions.
What are the office hours for FTMO’s headquarters?
The office hours for FTMO’s headquarters in Prague, Czech Republic are Monday to Friday, 9:00 AM to 5:00 PM (CET).
What are the contact details for FTMO’s offices?
The contact information for each FTMO office is provided on the FTMO website. Traders can find the respective contact details for FTMO’s offices in Prague, London, Sydney, Toronto, and New York on the website.
Why is FTMO currently unavailable to US traders?
FTMO is temporarily unavailable to US traders due to specific market conditions and compliance with local regulations. The company is actively seeking ways to make FTMO available again to US traders in the future.
Can residents of all US states use FTMO?
No, FTMO does not accept clients in certain US states, including Louisiana, South Carolina, Montana, Arkansas, and Delaware.
Can company trusts or legal persons open an FTMO account?
No, FTMO does not accept clients who are legal persons, such as company trusts.
Are there any alternative prop trading firms similar to FTMO for US traders?
While FTMO is temporarily unavailable to US traders, there are other prop trading firms in the market that offer similar opportunities for funding and support. Traders can explore these alternatives while keeping an eye on the latest developments regarding FTMO’s availability in the US market.
Where can I find more information about FTMO’s availability and eligibility in the United States?
For more information about FTMO’s availability and eligibility in the United States, traders can refer to the FTMO website and stay updated on any announcements or changes made by the company.
