FTMO is widely regarded as one of the best proprietary trading firms in the industry and consistently ranks among the top prop firms in trader reviews. Founded in 2015 and headquartered in Prague, Czech Republic, FTMO offers traders the opportunity to access funded trading accounts through its industry-leading evaluation programs. Traders can choose between both 1-step and 2-step evaluations, designed to assess profitability, consistency, and strong risk management skills before receiving funding. A 2-week demo account is also available, allowing traders to test strategies and demonstrate performance in a risk-free environment.
FTMO provides flexible account sizes ranging from $10,000 to $200,000, making it accessible for both beginner and experienced traders. With competitive profit splits of up to 90%, professional trading conditions, and a proven track record of reliable payouts, FTMO has become a top choice for traders looking to scale their trading careers. Additionally, successful traders can grow their accounts through FTMO’s scaling plan, with the potential to manage up to $2 million in capital.
Known for its high profit-sharing model, diverse market access—including forex, commodities, indices, and cryptocurrencies—and support for multiple trading strategies, FTMO continues to stand out in the prop trading space. Backed by a strong global reputation and an impressive Trustpilot rating of 4.8/5, FTMO remains a go-to proprietary trading firm for traders seeking funded accounts, structured evaluations, and long-term growth opportunities.
FTMO enjoys an excellent standing among traders, maintaining:
Category | Details |
Firm Name | FTMO |
Founder / CEO | Otakar Šuffner (CEO), Marek Vašíček (CTO) |
Country/ Headquarters | Czech Republic |
Founded / Years in Operation | 2015 (10+ years) |
Trust / Rating | 4.8 / 5 (Trustpilot) |
Platforms Supported | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, DX Trade |
Payment Methods (Entry / Subscription) | Bank Transfer, Debit/Credt Card, Skril, Cryptocurrency and Paypal. |
Payout / Withdrawal Methods | Bank Transfer, Cryptocurrency and Skril. |
Tradable Assets | Forex, Indices, Commodities, Futures, Cryptocurrencies |
Commission | Forex, Indices, Commodities, Futures, Cryptocurrencies Forex: $5 per lot. Selected non-Forex symbols: Between 0.0014% and 0.004% per trade volume. Crypto: 0.065% per trade volume. |
Scaling Potential | +25% every 4 months is possible. Up to $2 million. |
Discount / Promo | Get a $100,000 account for just €439 – discounted from €540 |
Payout Frequency | Once every 14 days after the first trade has been made on funded account. |
Demo Accounts | Available (Expires after 2 weeks). |
Account Currency Options | USD, GBP, EUR, CZK, CAD, AUD and CHF |
US Traders Allowed | Allowed |
Restricted Countries | Afghanistan, Angola/Anguilla, Antarctica, Antigua and Barbuda, Australia*, Belarus, Belize, Bhutan, Bouvet Island, Burundi, Cape Verde, Central African Republic, Chad, Cook Islands, Comoros, Republic of the Congo, Cuba, Djibouti, Dominica, Equatorial Guinea, Eritrea, Fiji, Gabon, Gambia, Grenada, Guinea, Guinea‑Bissau, Holy See (Vatican City), India, Indonesia, Iran, Iraq, Kosovo, Kyrgyzstan, Kazakhstan, Lesotho, Liberia, Malawi, Mali, Mauritania, Marshall Islands, Micronesia, Nauru, Niue, North Korea, Papua New Guinea, Russia (Russian Federation), Saint Barthélemy, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Seychelles, Sierra Leone, Solomon Islands, Somalia, South Sudan, Sudan, Suriname, Syria, Eswatini (Swaziland), Tajikistan, Timor‑Leste, Tokelau, Tonga, Turkmenistan, Tuvalu, Ukraine (restricted regions: Crimea, Sevastopol, Donetsk, Kherson, Luhansk, Zaporizhzhia), Uzbekistan, Vanuatu, Venezuela, Western Sahara.*Note: Clients in Australia may access FTMO via a separate affiliated entity. |
Structured for Success
FTMO offers a two-step evaluation process with two account types — Standard and Swing — that challenges traders to demonstrate skill, consistency, and discipline before being funded
*There is no maximum time limit for either phase, allowing traders to progress at their own pace.
FTMO offers a two-step evaluation process with two account types — Standard and Swing — that challenges traders to demonstrate skill, consistency, and discipline before being funded
*There is no maximum time limit, allowing traders to progress at their own pace.
Account Types and Evaluation Costs
The three evaluation types offered at FTMO:
1-Step
2-Step Standard and Pro
Account Size | Steps | Profit Target (Phase 1) | Profit Target (Phase 2) | Max Daily loss | Max Loss | Min Trading Days | Refundable Entry Fee (EUR) | Profit Split | Scaling Plan |
$10,000 | 2-Step | 10% | 5% | 5% | 10% | 4 per phase | €89 | 80-90% | +25% every 4 months |
$25,000 | 2-Step | 10% | 5% | 5% | 10% | 4 per phase | €250 | 80-90% | +25% every 4 months |
$50,000 | 2-Step | 10% | 5% | 5% | 10% | 4 per phase | €345 | 80-90% | +25% every 4 months |
$100,000 | 2-Step | 10% | 5% | 5% | 10% | 4 per phase | €540 | 80-90% | +25% every 4 months |
$200,000 | 2-Step | 10% | 5% | 5% | 10% | 4 per phase | €1,080 | 80-90% | +25% every 4 months |
$10,000 | 1-Step | 10% | NA | 3% | 10% (EOD Trailing) | 1 | €79 (not refundable) | 90% | +25% every 4 months |
$25,000 | 1-Step | 10% | NA | 3% | 10% (EOD Trailing) | 1 | €199 (not refundable) | 90% | +25% every 4 months |
$50,000 | 1-Step | 10% | NA | 3% | 10% (EOD Trailing) | 1 | €319 (not refundable) | 90% | +25% every 4 months |
$100,000 | 1-Step | 10% | NA | 3% | 10% (EOD Trailing) | 1 | €499 (not refundable) | 90% | +25% every 4 months |
$200,000 | 1-Step | 10% | NA | 3% | 10% (EOD Trailing) | 1 | €999 (not refundable) | 90% | +25% every 4 months |
Standard vs. Swing Accounts
Feature | Standard Account | Swing Account |
Leverage | Up to 1:100 | Up to 1:30 |
Hold Trades Overnight | Yes (evaluation), funded accounts must close if market closed >2 hrs | Yes |
Hold Trades Over Weekends | No (funded accounts) | Yes |
News Trading | Not allowed 2 min before/after high-impact news (funded) | Allowed |
Best For | Day traders | Swing/position traders |
Trading Rules and Conditions
Rule / Constraint | Details |
Profit Target | 10% in Phase 1, 5% in Phase 2 |
Drawdown Limits | 5% daily max, 10% total |
Account Types Available | Standard and Swing |
Expert Advisors (EAs) | Allowed; avoid identical third-party EAs exceeding $400 total exposure |
Copy Trading (own trades) | Allowed within personal accounts if under $400K total exposure |
Account Merging | Allowed if accounts are same type, currency, and not in drawdown |
Maximum Funded Capital | $400,000 (before scaling) |
Number Of Accounts Allowed | There is no limit on the number of trading accounts you can manage; however, your total allocated capital across all accounts is capped at $400,000 prior to scaling. |
VPS Usage | Allowed |
News Trading | Allowed for all evaluatiions. Allowed for all swing accounts. Not allowed 2 min before/after high imact news for funded standard account. |
Overnight / Weekend Holding | Overnight allowed for all evaluations. Funded standard accounts must close if market closed for more than 2 hrs. Weekend holding allowed for all evaluations but is not allowed for funded standard account. Swing accounts both overnight and weekend holding is allowed for all accounts. |
Leverage | Standard: Up to 1:100. Swing: Up to 1:30. |
Profit Split | 80% to start with. Can increase to 90% with their scaling plan first increase. |
Consistency Rule | Monitored but not penalized |
Scaling Plan | 25% increase every 4 months, up to $2 million |
Refund Policy | Refund of the entry fee given with first payout. |
Martingale | Allowed |
Scaling Into Trades | Allowed |
Stop Loss Required | No |
Prohibited Strategies | FTMO prohibits any trading strategies that exploit system errors, delayed price feeds, platform bugs, or external data to gain an unfair advantage. Coordinated or manipulative trading across multiple accounts, including opposite positions designed to bypass risk limits, is strictly forbidden.The firm does not allow the use of software, AI tools, or automated systems that overload servers or create excessive order activity. Gap trading around major news releases or just before extended market closures is also restricted, as it is considered inconsistent with realistic market conditions.Traders may not engage in excessive overleveraging, one-sided exposure, account rolling, or other behavior that circumvents risk management rules. FTMO accounts are for personal use only, and third-party account management is not permitted. |
Errors / Violations Handling | First: warning; Second: profit cut or closure |
Prop Firm | Evaluation Type | Account Sizes | Cost | Profit Target | Max Loss | Scaling Max | Discount |
FTMO | 1-2 Step | $10k-$200k | €79-1080 | 10% (Phase 1), 5% (Phase 2) | 10% | $2 Million | 100K acc for €439 (reduced from €540) |
The5ers | 1-3 Step | $5k-$250k | $39-$850 | 6-10% (per phase) | 6-10% | $4 Million | 5% off (REVIEWS) |
Funding Pips | Instant, 1-2 Step | $5k-$200k | $29-$998 | 6-10% (phase 1), 5-6% (phase 2) | 5-10% | $2 million | 20% off (HAPPY) |
E8 | 1-Step | $5k-$500k | $40-$4460 | 6-21% | 4-14% | None | 10% off (PROPREVIEWS) |
FTMO Pro's
FTMO Con's
The5ers Pro's
The5ers Con's
Funding Pips Pro's
Funding Pips Con's
E8 Pro's
E8 Con's
FTMO is widely considered one of the best retail proprietary trading firms in the industry, largely due to its long-standing track record since 2015 and strong reputation among traders. It delivers premium prop trading conditions for disciplined forex and indices traders, offering unlimited evaluation time, profit splits of 80–90%, and scaling potential beyond $400K. With a 4.8★ Trustpilot rating from over 40,000 traders and reliable bi-weekly payouts, FTMO continues to stand out as a trusted and established prop firm.
Traders also benefit from the ability to have their evaluation fee refunded with their first payout, reducing overall risk. Additionally, successful traders have the opportunity to transition into a professional trader role through an FTMO contract, further enhancing long-term career potential.
However, FTMO isn’t for everyone. Strict drawdown limits (5% daily / 10% overall), restrictions around news trading on Normal accounts, and the lack of instant funded options or futures trading may limit its appeal for some traders, particularly scalpers or those seeking faster funding paths.
Bottom line: FTMO is best suited for disciplined traders who can follow strict risk management rules and want a structured path to scaling capital with a reputable firm. If you prefer instant funding or more flexible conditions, it’s worth exploring alternative prop firms that better match your trading style.
Otherwise, explore these strong alternatives:
The5ers Review: No-time-limit hyper growth to $4M, EA-friendly
E8 Markets Review: Up to 100% splits, stackable accounts
Top One Trader Review: Futures focus, flexible resets
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