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Overview
What is
FTMO?
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 two-step evaluation process.
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
Industry reputation
Operating since 2010 with a proven track record and thousands of funded traders worldwide.
Up to $2M funding
$200K initial funding with a scaling plan up to $2M for consistent performers.
Multi-asset trading
Trade forex, indices, commodities, metals, and crypto on MT4, MT5, cTrader, or DXtrade.
80--90% profit split
80% on two-step, 90% on one-step or via the scaling plan.
Free verification retake
If you pass the challenge but fail verification, you get a free retake.
Reliable payouts
Bi-weekly payouts via bank transfer, Skrill, or crypto with a strong track record of on-time payments.
Watch out for
Two-step can be slow
The standard two-step evaluation requires passing two phases, which takes longer than one-step alternatives.
Strict risk limits
5% max daily loss and 10% max overall loss with no exceptions.
Higher challenge fees
Pricing is higher than some newer competitors, especially at the $100K+ account sizes.
No futures contracts
Despite supporting many asset classes, FTMO does not offer CME futures trading.
FTMO Questions
Common questions about FTMO challenges, rules, payouts, and how to track your progress
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