Trading the FTMO free trial $10k account 2-step challenge

Nasdaq market is sluggish so i closed for a little profit. I am done for the day.

Win Rate: 72.97%

I have managed to keep my win rate above 70% today, will continue tomorrow

Took some long trades on EUR/USD at 1.15698 but got stopped out

OBSERVATION: P & L DSCREPANCY

I took some trades on MT5 today and my net loss on the FTMO dashboard is higher than what the MT5 is showing. On the FTMO dashboard I can see $94.30 but when you manually do the math on MT5 the net loss is around $45

Let me get my calculator, I will do the manual calculation to crosscheck. Another question on my mind is does FTMO give standard or raw spread accounts? Because if they are raw spread, they will charge an extra commission

From my calculation the loss should be around $29.2 and not $98 so there is definitely something fishy about the way the system calculates it.

From your MT5 record, the total profit is $43.2, total losses = $81.4. The net loss is $38.2 which means you should be short of $38.2 from your MT5 record.

Also you should check the commissions too cause FTMO charges commissions on their trade, so it adds up to make the losses huge

But FTMO should be displaying the commission on their dashboard so we can see exactly how much is charged for commission to avoid being cheated.

So they don't want people to scalp

But I have been scalping with these kind of trades and never noticed any commission. Even yesterday I took similar trades and didn't notice any commission deduction

You can see the commissions on your mobile MT5 trade history but not on PC.

They need to improve their user experience

Imagine these people, so commission will not show on the laptop version of MT5

Most prop firms don't like scalp trades. They mostly want day trading and holding trades overnight too. It depends on the prop firms policy, but majority of prop firms aren't in support of scalp trades.

Brokers can allow any style of trading but prop firms don't really support all

I have checked mine, it's not there

You know the mobile app is frequently updated, i don't know of the windows version

okay

from my manual calculation I'm having a -$17.6. Subtracted the Losses from the profit.
How much is the commission per trade?

Yes. commissions don't show automatically. To see total summary, you have to right click on the trade and select report, then this will come up.
But this is for overall statement for the account.

To see the Laptop version of the commissions and swap fees, You have to right Click on any of your closed trades in the history panel. A dropbox will pop up, then you go to the column section (last option on the drop box, and you can tick any of the options you want to appear on your history which includes Swaps and commissions.