- EU-based and regulated
- Excellent reputation
- Scaling up to €400K
- Supports forex, indices, crypto, stocks
- Refundable challenge fee
- 2-step evaluation required
- Lower starting profit split (80%)
- Stricter rules than some competitors
- 30-day time limit per phase
Who is this for?
FTMO specializes in forex with MT4, MT5, and cTrader platforms. It's ideal for forex-focused traders.
The €2M scaling potential and professional structure make FTMO ideal for traders building long-term prop trading careers.
The 5% daily loss limit requires disciplined risk management. Traders who follow strict rules will thrive.
The 2-step evaluation process takes time. Traders who want instant funding should look elsewhere.
FTMO has consistency requirements that may limit traders relying on occasional big wins.
Evaluation & account
- Type
- 2-Stap Challenge (Challenge + Verification).
- Fee
- Vanaf €155 (volledig terugbetaalbaar bij eerste payout).
- Account sizes
- €10K · €25K · €50K · €100K · €200K
- Profit target
- Phase 1: 10%. Phase 2: 5%.
- Min. days
- 4
- Max. days
- 30 days per phase
Evaluation steps
- 1
FTMO Challenge
Start with the FTMO Challenge (Phase 1). Reach a 10% profit target while respecting the 5% daily loss limit and 10% maximum loss limit. Complete within 30 days.
- 2
Verification Phase
After passing the Challenge, enter the Verification (Phase 2). Achieve a 5% profit target with the same risk rules. Complete within 60 days.
- 3
Become FTMO Trader
Upon passing both phases, become an FTMO Trader with a funded account. No profit target on funded accounts - focus on consistent trading.
- 4
Start Earning
Trade with FTMO capital and earn 80-90% of your profits. Bi-weekly payouts allow regular access to your earnings.
- 5
Scale Your Account
Successful traders can scale up to €2,000,000 through FTMO's scaling plan based on consistent performance.
Payout & profit split
- Profit split
- 80/20 scaling tot 90/10.
- Payout frequency
- Bi-weekly
- Speed
- 1-2 business days
- Methods
- Bank Wire · Skrill · Crypto
- First payout
- 14 calendar days in funded
Start at 80% profit split, scale to 90% based on performance
Payout policies
FTMO offers a highly competitive profit split starting at 80% and increasing to 90% for traders who demonstrate consistent performance over time. Bi-weekly payouts provide regular access to your trading profits. Withdrawal methods include Bank Wire, Skrill, and Cryptocurrency, accommodating traders globally. FTMO processes payout requests promptly, typically within 1-2 business days. There is no minimum payout amount for established traders. The profit split improvement to 90% is based on meeting specific performance criteria and maintaining disciplined trading. FTMO is known in the industry for reliable, on-time payouts and transparent policies.
Scaling plan
FTMO offers one of the most generous scaling plans in the prop trading industry. Successful traders can grow their account sizes from initial levels (€10K-€200K) up to €2,000,000 through the scaling program. Scaling is based on achieving a 10% profit target in your funded account while maintaining proper risk management. Each scaling increase is 25% of your current account size. Traders who consistently meet profit targets and demonstrate discipline can progress through multiple scaling tiers. The profit split improves to 90% for scaled accounts, maximizing trader earnings. This scaling potential makes FTMO attractive for traders with long-term career goals in proprietary trading.
Trading rules
- Drawdown type
- 5% Maximum Daily Loss, 10% Maximum Trailing Loss.
- Max. drawdown
- 10%
- Daily drawdown
- 5%
- Max. scaling
- €400,000
- Consistency rule
- Yes
- Consistency details
- 10% max per trading day
- News trading
- Restricted (no high-impact news)
- Weekend holding
- Allowed with reduced leverage
- Automated
- Allowed
Static daily and overall loss limits
Risk details
FTMO uses a static drawdown system with clear daily and maximum loss limits. The 5% daily loss limit means your equity cannot decrease by more than 5% from the start of each trading day. The 10% maximum loss limit is calculated from your initial balance and does not trail. This static approach provides predictability - you always know exactly how much room you have before breaching rules. Both limits apply throughout the Challenge, Verification, and funded phases. FTMO emphasizes that proper position sizing and stop-loss usage are essential for success. The consistency rule requires that trading results are evenly distributed rather than dependent on single large trades.
Platform & features
FTMO specializes in forex and CFD trading, supporting industry-standard platforms MT4, MT5, cTrader, and DXtrade. MetaTrader 4 (MT4) is the classic choice with extensive indicator libraries and Expert Advisor support. MetaTrader 5 (MT5) offers advanced features including more timeframes and improved backtesting. cTrader provides a modern interface with excellent charting and cAlgo for automated strategies. DXtrade offers an alternative web-based solution. All platforms provide access to forex pairs, indices, commodities, and crypto CFDs. Professional order types, one-click trading, and mobile apps ensure traders can execute strategies effectively.
How to start
- 1
Register on FTMO
Create your FTMO account on their website. Verify your email and complete your profile with required information.
- 2
Select Account Configuration
Choose your account size (€10K to €200K), currency, and platform (MT4, MT5, cTrader, or DXtrade).
- 3
Purchase Challenge
Pay for your FTMO Challenge. The fee is refunded upon becoming a funded trader.
- 4
Download Platform
Install your chosen platform (MT4, MT5, or cTrader) and log in with FTMO-provided credentials.
- 5
Complete Challenge
Trade to reach the 10% profit target within 30 days while respecting the 5% daily and 10% max loss limits.
- 6
Pass Verification
Upon passing Challenge, enter Verification. Reach 5% profit within 60 days with same risk rules. Then receive your funded account.
Frequently asked questions
Where is FTMO based?
FTMO is headquartered in Prague, Czech Republic - making it EU-based and regulated.
What is the FTMO Challenge?
A 2-step evaluation: first pass 10% profit target, then 5% verification phase.
What is FTMO profit split?
Starts at 80%, can scale to 90% based on consistent performance.
What markets can I trade?
Forex pairs, indices, commodities, crypto, and stocks.
Is the challenge fee refundable?
Yes, the fee is refunded with your first profit split.
What platforms does FTMO support?
MT4, MT5, cTrader, and DXtrade.
Can I trade during news?
Restricted - you cannot open trades within 2 minutes of high-impact news.