After successfully completing the Challenge Phase, you will enter the Verification Phase. In this phase, you need to achieve a 5% profit target.
Preparation
Review Settings:
Ensure that your settings in Synthex LIVE are still configured according to the guidelines. Double-check to confirm that all parameters are set correctly.
Start Trading:
Your Verification Phase begins with your first trade after the Challenge Phase. Begin trading as per the rules and settings.
Achieving the profit target
Reach the 5% Profit Target:
To complete Phase 2 successfully, you need to achieve a 5% profit. Maintain adherence to FTMO’s trading rules to avoid disqualification.
Follow FTMO Rules:
Ensure strict compliance with all FTMO trading rules. Regularly review FTMO’s guidelines to ensure you meet all requirements.
After Achieving the Profit Target
Account Review:
Once you achieve the 5% profit target, FTMO will review your account. This review process may take some time.
Receive Notification:
You will receive an email notification once the review is complete and you can view the results of your Verification Phase.
Complete the Challenge:
After successfully passing Phase 2, you will be notified of the next steps in your trading journey.
Summary
Ensure settings in Synthex LIVE are correctly configured for Phase 2.
Start trading to achieve the 5% profit target.
Adhere to FTMO’s rules throughout the Verification Phase.
Await an email from FTMO regarding the review and results.
Follow the next steps after successfully completing Phase 2.
We wish you success in Phase 2 of the FTMO Challenge and look forward to your continued progress!
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