FTMO Review(2026)

Is FTMO still the best prop firm? Here's what you need to know about their two-step evaluation, profit splits, payouts, and how to track your challenge.

Overview

What is
FTMO?

FTMO logo

FTMO is one of the most established proprietary trading firms in the industry, operating since 2010 out of Prague, Czech Republic. They offer funded accounts up to $200K across forex, indices, commodities, stocks, and crypto through a one-step or two-step evaluation, and since September 2026 a separate FTMO Futures product for CME futures.

The FTMO Challenge requires traders to hit a 10% profit target within 30 days while staying within a 5% daily loss limit and 10% maximum loss. After passing, the Verification step requires 5% profit in 60 days with the same risk rules. Pass both and you trade a funded account with up to 90% profit split.

FTMO has built its reputation on reliable payouts, transparent rules, and a professional trading environment. They also offer a free trial so you can test the platform before committing to a paid challenge.

Pros & cons

The honest
breakdown.

What we like

01

Industry reputation

Operating since 2010 with a proven track record and thousands of funded traders worldwide.

02

Up to $2M funding

$200K initial funding with a scaling plan up to $2M for consistent performers.

03

Multi-asset trading

Trade forex, indices, commodities, metals, and crypto on MT4, MT5, cTrader, or DXtrade, plus CME futures through FTMO Futures.

04

80--90% profit split

80% on two-step, 90% on one-step or via the scaling plan.

05

Free verification retake

If you pass the challenge but fail verification, you get a free retake.

06

Reliable payouts

Payouts every 14 days or on demand via bank transfer, Skrill, or crypto, with a strong track record of on-time payments.

Watch out for

01

Two-step can be slow

The standard two-step evaluation requires passing two phases, which takes longer than one-step alternatives.

02

Strict risk limits

5% max daily loss and 10% max overall loss with no exceptions.

03

Higher challenge fees

Pricing is higher than some newer competitors, especially at the $100K+ account sizes.

04

Futures is a monthly subscription

FTMO Futures evaluations are billed monthly for as long as you are in the evaluation, and the fee is not refunded when you pass.

Track your FTMO challenge free

Log your trades against the daily loss limit and profit target. No credit card.

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FTMO Questions

Common questions about FTMO challenges, rules, payouts, and how to track your progress