Is FTMO banning US clients?

Exclusive news has emerged that the proprietary trading firm FTMO has halted the acquisition of clients from the United States. This decision has been made in the wake of a crackdown by MetaQuotes, a prominent software provider in the financial trading industry.

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FTMO has communicated this development to its existing clients, outlining the necessary steps for migration to the new DXtrade platform. The migration process is aimed at ensuring the continuity of services and the security of client funds.

The firm has taken this measure to comply with the evolving regulatory landscape and to protect its clients from potential risks associated with trading in restricted markets. This decision reflects FTMO's commitment to maintaining a high level of regulatory compliance.

As a result of this change, new traders attempting to register with FTMO from a US IP address will be unable to complete the registration form. This restriction applies to all traders located within the United States, regardless of their trading experience or capital.