FTMO is one of the most established and trusted proprietary trading firms, offering up to 90% profit splits and excellent support for traders worldwide since 2015.
Visit Official WebsiteFTMO Prop Firm
Firm Information
About FTMO
FTMO is one of the pioneers and most respected names in the proprietary trading industry. Founded in 2015 and headquartered in Prague, Czech Republic, FTMO has established itself as a leader in providing traders with access to substantial trading capital while maintaining strict risk management protocols.
What sets FTMO apart is their comprehensive approach to trader development and evaluation. Their flagship FTMO Challenge has become the gold standard in the industry, with a rigorous but fair evaluation process that tests traders' skills, consistency, and risk management abilities. The firm has funded thousands of traders worldwide and paid out millions in profits.
Based in Prague, FTMO operates with European standards of transparency and regulation. Their location in the Czech Republic provides them with a stable regulatory environment while keeping operational costs competitive, benefits that are passed on to their traders through competitive pricing and excellent profit sharing.
FTMO's commitment to trader success extends beyond just providing capital. They offer extensive educational resources, trading psychology courses, and ongoing support to help traders improve their skills. Their profit split of up to 90% is among the highest in the industry, and their bi-weekly payout schedule ensures traders have regular access to their earnings.
With an outstanding 4.8/5 rating on Trustpilot based on over 22,900 reviews, FTMO has built a reputation for reliability, transparency, and genuine commitment to trader success. Their consistent track record of paying traders and maintaining fair trading conditions has made them a trusted choice for serious traders worldwide.
For traders considering FTMO, it's important to note their strength in providing a structured, professional environment with clear rules and excellent support. Their platform supports multiple trading platforms including MT4, MT5, cTrader, and DXTrade, giving traders flexibility in their choice of tools.
Visit Official WebsiteChallenge Types
FTMO Challenge
The classic two-phase evaluation process that has made FTMO famous in the prop trading world.
- Phase 1: 10% profit target, 10% max loss, 5% daily loss
- Phase 2: 5% profit target, 10% max loss, 5% daily loss
- Minimum 10 trading days per phase
- Maximum 30 days per phase
- Most comprehensive evaluation process
Instant Funding
Skip the evaluation phases and get immediate access to funded accounts for experienced traders.
- No evaluation phases required
- Immediate access to live trading account
- Higher initial cost than challenge
- Same profit splits as challenge accounts
- Ideal for experienced, consistent traders
Trading Rules
| Rule | Requirement |
|---|---|
| Profit Target (Phase 1) | 10% of initial balance |
| Profit Target (Phase 2) | 5% of initial balance |
| Maximum Loss | 10% of initial balance |
| Maximum Daily Loss | 5% of initial balance |
| Minimum Trading Days | 10 days per phase |
| Maximum Trading Days | 30 days per phase |
| News Trading | Allowed with restrictions |
| Weekend Holding | Allowed |
| Scaling Plan | Available after consistent performance |
| Instruments | Forex, Indices, Metals, Commodities |
| Platforms | MT4, MT5, cTrader, DXTrade |
Important: Trading rules may change over time. Always verify the current rules on the official FTMO website before starting a challenge.
Pros and Cons
Pros
- Industry leader with excellent reputation
- Outstanding Trustpilot rating (4.8/5)
- High profit splits (up to 90%)
- Multiple trading platforms supported
- Comprehensive trader education resources
- Bi-weekly payout frequency
- Transparent and fair trading rules
- Professional customer support
- Scaling plans for account growth
- Weekend holding allowed
Cons
- Rigorous evaluation process may be challenging
- Higher entry fees compared to some competitors
- Strict adherence to rules required
- News trading restrictions around major events
- Daily loss limits can be restrictive for some strategies
- Limited cryptocurrency trading options
- Account size limits for new traders
Who Should Choose FTMO?
FTMO is particularly well-suited for:
- Serious Traders who want to work with the most established and respected firm in the industry
- Disciplined Traders who can adhere to strict risk management rules and appreciate structured environments
- Long-term Oriented Traders who value stability, transparency, and ongoing support
- Educational-minded Traders who want access to comprehensive learning resources and trader development programs
- Professional Traders looking for the highest profit splits and regular payouts
- Risk-conscious Traders who appreciate clear rules and professional oversight
FTMO represents the gold standard in proprietary trading firms. With their decade-long track record, exceptional customer reviews, and commitment to trader success, they offer one of the most reliable paths to funded trading. While their evaluation process is rigorous, it's designed to ensure that funded traders have the skills and discipline needed for long-term success.
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