FTMO — Verified Deal (Apr 2026)

FTMO Complete Guide 2026 — Overview

FTMO has emerged as a leading proprietary trading firm, offering traders the opportunity to manage substantial capital and earn significant profits. Founded in 2015 and headquartered in Prague, Czech Republic, FTMO has been operating for 11 years, establishing a solid reputation within the forex trading community. Led by CEO Otakar Suffner, the firm provides a platform for forex traders to demonstrate their skills through a structured evaluation process and, upon successful completion, manage accounts with a maximum allocation of up to $2,000,000. A key draw for traders is the attractive profit split, with FTMO offering up to 90% of the profits generated on funded accounts. This generous split, coupled with the potential for substantial capital allocation, makes FTMO a compelling option for experienced and skilled traders.

The FTMO experience begins with a challenge, the price of which starts at $79. This initial investment grants traders access to a range of trading platforms, including the popular MT4, MT5, cTrader, and DXTrade, allowing them to utilize their preferred tools and strategies. FTMO's evaluation process is designed to identify traders who can consistently generate profits while adhering to specific risk management parameters. These parameters include a daily loss limit of 5.0% and a maximum loss limit of 10.0%, with drawdown calculated based on the balance of the account. Successful traders who pass the evaluation and become FTMO Traders gain access to funded accounts and the opportunity to earn a substantial income. FTMO allows a wide range of trading strategies, including scalping, the use of trading bots/EAs, news trading, weekend holding, and hedging. However, copy trading and high-frequency trading (HFT) are not permitted.

FTMO distinguishes itself through its commitment to providing a supportive environment for its traders. This includes a scaling program that allows traders to increase their capital allocation as they consistently demonstrate profitability. The firm also offers a refundable fee, meaning that the initial challenge fee is reimbursed upon the trader's first payout. Payouts are processed bi-weekly and can be received through various methods, including Bank Transfer, Crypto, Skrill, Apple Pay, and Google Pay. The first payout is typically processed after 14 days. With a Trustpilot rating of 4.8/5 based on over 38670 reviews, FTMO has garnered significant positive feedback from its user base, solidifying its position as a reputable and reliable prop trading firm. While US traders are not accepted, FTMO's comprehensive offering and attractive terms make it a worthwhile consideration for serious traders located elsewhere.

Company Background

FTMO, a prominent name in the proprietary trading industry, was founded in 2015 in Prague, Czech Republic. The company has been in operation for 11 years, during which it has established itself as a leading provider of opportunities for traders to access capital and profit from their skills. The headquarters remain in Prague, reflecting the company's roots and commitment to its origins.

The driving force behind FTMO is CEO Otakar Suffner. Under his leadership, FTMO has grown from a startup to a well-respected and trusted firm in the competitive prop trading market. Suffner's vision has guided the company in developing a comprehensive evaluation process, a supportive trading environment, and attractive financial terms for its traders.

FTMO operates primarily in the forex market, offering traders the chance to trade currency pairs using the firm's capital. The company's business model revolves around identifying talented traders through a rigorous evaluation process, providing them with funded accounts, and sharing the profits generated. This model aligns the interests of FTMO and its traders, incentivizing both parties to strive for consistent profitability.

The company's longevity in the market, spanning over a decade, is a testament to its stability and success. In an industry where new firms emerge and disappear frequently, FTMO's sustained presence demonstrates its ability to adapt to changing market conditions and maintain a competitive edge. This long-standing track record provides traders with a sense of security and confidence in the firm's ability to deliver on its promises.

The Trustpilot rating of 4.8/5 from 38670 reviews further reinforces FTMO's reputation as a reliable and reputable prop trading firm. This high rating reflects the positive experiences of a large number of traders who have interacted with the company, highlighting its commitment to customer satisfaction and its ability to provide a valuable service. The combination of its long history, strong leadership, and positive customer feedback positions FTMO as a leading player in the proprietary trading space.

How FTMO Works

FTMO's operational model centers around identifying and funding skilled traders through a multi-stage evaluation process. This process is designed to assess a trader's ability to manage risk, generate consistent profits, and adhere to specific trading rules. The evaluation process varies depending on whether the trader chooses a 1-Step FTMO Challenge or a 2-Step FTMO Challenge.

The core of the FTMO process is the FTMO Challenge, which serves as the initial evaluation phase. Traders select an account size and pay the corresponding fee to participate. The available account sizes range from $10,000 to $200,000, with challenge fees varying accordingly. During the Challenge, traders must meet specific profit targets while staying within the defined risk parameters, including the daily loss limit and maximum loss limit.

For the 2-Step FTMO Challenge, traders must first pass the FTMO Challenge (Phase 1) by achieving a profit target of 10.0%. Once Phase 1 is successfully completed, traders proceed to the Verification phase (Phase 2), where they must achieve a profit target of 5.0% while continuing to adhere to the risk management rules.

In contrast, the 1-Step FTMO Challenge only requires traders to pass a single phase. In this phase, traders must achieve a profit target of 10.0% while adhering to a tighter daily loss limit of 3.0%.

Upon successful completion of all evaluation phases, traders are offered an FTMO Account, a live trading account funded by FTMO. Traders then manage this account and receive a profit split of up to 90% of the profits they generate. FTMO provides traders with access to various trading platforms, including MT4, MT5, cTrader, and DXTrade, allowing them to trade using their preferred tools and strategies.

Throughout the evaluation process and while trading on an FTMO Account, traders must adhere to specific trading rules. These rules include limits on daily losses and maximum losses, as well as restrictions on certain trading strategies, such as copy trading and HFT. FTMO monitors traders' performance closely to ensure compliance with these rules.

FTMO also offers a scaling program, which allows traders to increase their capital allocation as they consistently demonstrate profitability. This program provides traders with the opportunity to manage larger accounts and earn even greater profits.

The entire FTMO process is designed to be transparent and fair, providing traders with a clear path to accessing capital and earning a living through trading. The firm's commitment to providing a supportive trading environment, coupled with its attractive financial terms, makes it a popular choice among aspiring prop traders.

Challenge Options and Pricing

FTMO offers a range of challenge options to suit different trading styles and risk appetites. These options vary in terms of account size, challenge fee, profit targets, and daily loss limits. FTMO offers both 1-Step and 2-Step challenge options. Here's a detailed breakdown of each challenge:

Detailed Breakdown:

• $10,000 Account:

* 1-Step FTMO: This is the most affordable option, with a price of $79.0. It requires traders to pass a single phase with a profit target of 10.0%. The daily loss limit is 3.0%, and the maximum loss is 10.0%. The profit split is 90.0%.

* 2-Step FTMO: Priced at $89.0, this option involves two evaluation phases. Phase 1 requires a 10.0% profit target, and Phase 2 requires a 5.0% profit target. The daily loss limit is 5.0%, and the maximum loss is 10.0%. The profit split is 80.0%.

• $25,000 Account:

* 1-Step FTMO: The price for this challenge is $199.0. Traders must achieve a 10.0% profit target in a single phase, with a daily loss limit of 3.0% and a maximum loss of 10.0%. The profit split is 90.0%.

* 2-Step FTMO: This option costs $250.0 and involves two phases. Phase 1 requires a 10.0% profit target, and Phase 2 requires a 5.0% profit target. The daily loss limit is 5.0%, and the maximum loss is 10.0%. The profit split is 80.0%.

• $50,000 Account:

* 1-Step FTMO: This challenge is priced at $319.0. Traders must achieve a 10.0% profit target in one phase, with a daily loss limit of 3.0% and a maximum loss of 10.0%. The profit split is 90.0%.

* 2-Step FTMO: The price for this option is $345.0. It involves two phases, with a 10.0% profit target in Phase 1 and a 5.0% profit target in Phase 2. The daily loss limit is 5.0%, and the maximum loss is 10.0%. The profit split is 80.0%.

• $100,000 Account:

* 1-Step FTMO: This challenge costs $499.0. Traders must achieve a 10.0% profit target in a single phase, with a daily loss limit of 3.0% and a maximum loss of 10.0%. The profit split is 90.0%.

* 2-Step FTMO: Priced at $540.0, this option involves two phases. Phase 1 requires a 10.0% profit target, and Phase 2 requires a 5.0% profit target. The daily loss limit is 5.0%, and the maximum loss is 10.0%. The profit split is 90.0%.

• $200,000 Account:

* 1-Step FTMO: This is the most expensive challenge, with a price of $999.0. It requires traders to pass a single phase with a profit target of 10.0%. The daily loss limit is 3.0%, and the maximum loss is 10.0%. The profit split is 90.0%.

* 2-Step FTMO: Priced at $1080.0, this option involves two evaluation phases. Phase 1 requires a 10.0% profit target, and Phase 2 requires a 5.0% profit target. The daily loss limit is 5.0%, and the maximum loss is 10.0%. The profit split is 90.0%.

Key Considerations:

• 1-Step vs. 2-Step: The 1-Step FTMO Challenge offers a higher profit split (90.0%) but has a stricter daily loss limit (3.0%). The 2-Step FTMO Challenge has a lower profit split (80.0% or 90.0% for the $100,000 and $200,000 accounts) but a more lenient daily loss limit (5.0%).
• Account Size: The choice of account size depends on the trader's risk tolerance and trading style. Larger accounts offer greater profit potential but also require a larger challenge fee.
• Profit Targets: All challenges require traders to achieve specific profit targets to pass the evaluation phases. These targets are designed to assess the trader's ability to generate consistent profits.
• Risk Management: The daily loss limit and maximum loss limit are crucial risk management parameters that traders must adhere to throughout the evaluation process and while trading on an FTMO Account.

Trading Rules and Risk Management

FTMO places a strong emphasis on risk management, implementing specific trading rules that traders must adhere to throughout the evaluation process and while trading on a funded FTMO Account. These rules are designed to protect FTMO's capital and ensure that traders are managing risk responsibly.

Key Trading Rules:

• Daily Loss Limit: The daily loss limit is the maximum amount a trader can lose in a single trading day. This limit is expressed as a percentage of the initial account balance. For the 2-Step FTMO Challenge, the daily loss limit is 5.0%. For the 1-Step FTMO Challenge, the daily loss limit is 3.0%. Exceeding the daily loss limit will result in a violation of the trading rules.
• Maximum Loss: The maximum loss is the total amount a trader can lose on the account. This limit is expressed as a percentage of the initial account balance and is set at 10.0% for all FTMO Challenges. Exceeding the maximum loss will result in a violation of the trading rules.
• Drawdown Type: FTMO uses a balance-based drawdown. This means that the drawdown is calculated based on the initial balance of the account. If the balance of the account falls below the initial balance by more than the maximum loss limit, the account will be closed.
• Minimum Trading Days: FTMO requires a minimum number of trading days. The minimum trading days is 0. This means that there is no minimum number of days you must trade during the challenge.

Risk Management Implications:

• Daily Loss Limit: The daily loss limit forces traders to be disciplined and avoid over-trading or taking excessive risks in a single day. It encourages traders to cut their losses and protect their capital.
• Maximum Loss: The maximum loss limit provides an absolute limit on the amount a trader can lose on the account. This limit is designed to prevent catastrophic losses and protect FTMO's capital.
• Balance Drawdown: The balance drawdown rule means that the drawdown is calculated based on the initial balance of the account. This can be challenging for traders who are used to equity-based drawdowns, where the drawdown is calculated based on the current equity of the account.
• Minimum Trading Days: The minimum trading days requirement encourages traders to be active in the market and demonstrate their ability to generate consistent profits over time.

Consequences of Violating Trading Rules:

Violating any of the trading rules will result in a failure of the FTMO Challenge or the termination of the FTMO Account. FTMO monitors traders' performance closely to ensure compliance with these rules.

Overall, FTMO's trading rules and risk management parameters are designed to identify and reward traders who can manage risk responsibly and generate consistent profits. These rules may be challenging, but they are essential for ensuring the long-term success of both the trader and FTMO.

Profit Split and Payouts

FTMO offers a highly competitive profit split, allowing traders to retain a significant portion of the profits they generate on their funded accounts. The profit split varies depending on the challenge type. For the 1-Step FTMO Challenge, the profit split is 90.0%. For the 2-Step FTMO Challenge, the profit split is 80.0%, except for the $100,000 and $200,000 accounts, which have a 90.0% profit split.

Payout Frequency:

FTMO processes payouts bi-weekly, providing traders with regular access to their earnings. This frequent payout schedule allows traders to reinvest their profits, cover their expenses, or simply enjoy the fruits of their labor.

Payout Methods:

FTMO offers a variety of payout methods to cater to the diverse needs of its traders. These methods include:

• Bank Transfer
• Crypto
• Skrill
• Apple Pay
• Google Pay

This wide range of payout options ensures that traders can receive their earnings in a convenient and efficient manner, regardless of their location or preferred payment method.

First Payout Timeline:

The first payout is typically processed after 14 days of trading on a funded FTMO Account. This relatively short waiting period allows traders to quickly recoup their initial investment and start generating a return on their efforts.

Fee Refundable:

FTMO offers a refundable fee, meaning that the initial challenge fee is reimbursed upon the trader's first payout. This feature reduces the financial risk associated with participating in the FTMO Challenge and provides traders with an additional incentive to succeed.

Profit Split Example:

Let's say a trader is managing a $100,000 FTMO Account and generates a profit of $10,000 in a two-week period. If the profit split is 90.0%, the trader would receive $9,000, while FTMO would retain $1,000.

Overall, FTMO's generous profit split, frequent payout schedule, diverse payout methods, and refundable fee make it an attractive option for traders seeking to maximize their earnings potential.

Trading Platforms and Tools

FTMO provides traders with access to a range of popular and powerful trading platforms, allowing them to choose the platform that best suits their individual trading style and preferences. The available platforms include:

• MT4 (MetaTrader 4): MT4 is one of the most widely used trading platforms in the world, known for its user-friendly interface, extensive charting capabilities, and support for automated trading through Expert Advisors (EAs). MT4 is a popular choice among both novice and experienced traders.
• MT5 (MetaTrader 5): MT5 is the successor to MT4, offering a more advanced feature set and support for a wider range of financial instruments. MT5 includes enhanced charting tools, more technical indicators, and a built-in economic calendar.
• cTrader: cTrader is a platform designed specifically for experienced traders, offering advanced order types, depth of market information, and a sophisticated charting interface. cTrader is known for its speed and reliability, making it a popular choice among scalpers and day traders.
• DXTrade: DXTrade is a multi-asset trading platform that offers a wide range of features and tools for trading forex, stocks, and other financial instruments. DXTrade includes advanced charting capabilities, risk management tools, and a customizable interface.

Broker Relationship:

FTMO utilizes a proprietary brokerage setup. This means that FTMO does not rely on a third-party broker but instead manages its own trading infrastructure. This allows FTMO to have greater control over the trading environment and provide traders with a more seamless and efficient trading experience.

Platform Features:

Each of the trading platforms offered by FTMO includes a variety of features and tools designed to help traders analyze the market, execute trades, and manage their risk. These features include:

• Charting Tools: Advanced charting capabilities with a wide range of technical indicators and drawing tools.
• Order Types: A variety of order types, including market orders, limit orders, stop orders, and trailing stop orders.
• Automated Trading: Support for automated trading through Expert Advisors (EAs) or other automated trading systems.
• Risk Management Tools: Tools for setting stop-loss orders, take-profit orders, and other risk management parameters.
• News and Analysis: Access to real-time news feeds and market analysis.
• Mobile Trading: Mobile apps for trading on the go.

Platform Choice Considerations:

The choice of trading platform depends on the individual trader's needs and preferences. Some traders may prefer the simplicity and user-friendliness of MT4, while others may prefer the advanced features and capabilities of cTrader or DXTrade. FTMO encourages traders to explore the different platforms and choose the one that best suits their trading style.

Overall, FTMO provides traders with a comprehensive suite of trading platforms and tools, empowering them to trade effectively and efficiently.

Allowed Trading Strategies

FTMO allows a wide range of trading strategies, providing traders with the flexibility to trade in a way that suits their individual skills and preferences. However, certain strategies are prohibited to ensure fair and responsible trading practices.

Allowed Strategies:

• Scalping: Scalping is a trading strategy that involves making small profits on small price movements. FTMO allows scalping, providing traders with the opportunity to profit from short-term market fluctuations.
• Trading Bots/EAs: Trading bots, also known as Expert Advisors (EAs), are automated trading systems that can execute trades on behalf of the trader. FTMO allows the use of trading bots/EAs, providing traders with the opportunity to automate their trading strategies.
• News Trading: News trading is a strategy that involves trading based on economic news releases and other market-moving events. FTMO allows news trading, providing traders with the opportunity to profit from market volatility surrounding news events.
• Weekend Holding: Weekend holding refers to holding trades open over the weekend. FTMO allows weekend holding, providing traders with the flexibility to hold positions for longer periods.
• Hedging: Hedging is a risk management strategy that involves taking offsetting positions in related assets to reduce overall risk. FTMO allows hedging, providing traders with the opportunity to manage their risk effectively.

Prohibited Strategies:

• Copy Trading: Copy trading involves copying the trades of other traders. FTMO does not allow copy trading, as it undermines the principle of independent trading and can lead to unfair or irresponsible trading practices.
• HFT (High-Frequency Trading): HFT is a trading strategy that involves using sophisticated algorithms and high-speed technology to execute a large number of orders in a very short period. FTMO does not allow HFT, as it can create an unfair advantage and disrupt market stability.

Strategy Considerations:

While FTMO allows a wide range of trading strategies, traders should carefully consider the risks and rewards associated with each strategy before implementing it. It is important to have a thorough understanding of the strategy and to manage risk effectively.

Overall, FTMO's policy on trading strategies provides traders with a great deal of flexibility while ensuring fair and responsible trading practices.

Scaling Program

FTMO offers a scaling program designed to reward consistently profitable traders by increasing their capital allocation. This program provides traders with the opportunity to manage larger accounts and earn even greater profits as they demonstrate their ability to generate consistent returns.

How the Scaling Program Works:

While the exact details of FTMO's scaling program are not provided in the data, the general principle is that traders who consistently achieve certain performance milestones are eligible for increased capital allocation. These milestones typically involve achieving specific profit targets while adhering to the risk management rules.

Benefits of the Scaling Program:

• Increased Capital Allocation: The primary benefit of the scaling program is the opportunity to manage larger accounts. This allows traders to increase their position sizes and potentially earn significantly greater profits.
• Higher Earning Potential: As traders manage larger accounts, their earning potential increases proportionally. This provides a strong incentive for traders to strive for consistent profitability and advance through the scaling program.
• Recognition and Reward: The scaling program recognizes and rewards traders who demonstrate exceptional trading skills and risk management abilities. This provides a sense of accomplishment and motivates traders to continue improving their performance.

Scaling Program Requirements:

To be eligible for the scaling program, traders typically need to meet the following requirements:

• Consistent Profitability: Traders must consistently generate profits over a specified period.
• Risk Management Compliance: Traders must adhere to the risk management rules, including the daily loss limit and maximum loss limit.
• Minimum Trading Days: Traders may be required to trade for a minimum number of days per month or quarter.

Overall, FTMO's scaling program provides a valuable opportunity for consistently profitable traders to increase their capital allocation and earn even greater profits.

Who Should Choose FTMO?

Based on the features and terms offered, FTMO is best suited for experienced and disciplined forex traders who are seeking substantial capital to manage and are comfortable with specific risk management parameters. Here's a breakdown of the target audience:

• Experienced Forex Traders: FTMO's evaluation process and trading rules are designed to identify and reward skilled traders who have a proven track record of generating consistent profits in the forex market. Novice traders may find the challenge too difficult to pass.
• Disciplined Risk Managers: FTMO places a strong emphasis on risk management, with specific rules regarding daily losses and maximum losses. Traders who are disciplined and able to adhere to these rules are more likely to succeed with FTMO. The balance-based drawdown requires careful risk management.
• Traders Seeking Substantial Capital: FTMO offers a maximum allocation of up to $2,000,000, making it an attractive option for traders who are looking to manage significant capital and scale their trading operations.
• Traders Comfortable with Evaluation Processes: The FTMO Challenge is a rigorous evaluation process that requires traders to demonstrate their skills and consistency. Traders who are comfortable with being evaluated and are confident in their abilities are more likely to succeed.
• Traders Outside the US: FTMO does not accept US traders, so its services are primarily targeted towards traders located in other countries.
• Traders Who Value Platform Choice: With access to MT4, MT5, cTrader, and DXTrade, FTMO appeals to traders who have specific platform preferences or require advanced trading tools.
• Traders Who Want to Trade a Variety of Strategies: FTMO allows scalping, trading bots, news trading, weekend holding, and hedging, making it suitable for traders who employ these strategies.

In summary, FTMO is an ideal choice for experienced, disciplined, and non-US forex traders who are seeking substantial capital, are comfortable with evaluation processes, and value platform choice and strategic flexibility.

Pros and Cons

Based solely on the provided data, here's an honest assessment of the pros and cons of FTMO:

Pros:

• High Trustpilot Rating: A 4.8/5 rating from over 38670 reviews indicates a high level of customer satisfaction and a strong reputation.
• High Profit Split: A profit split of up to 90% is very competitive and allows traders to retain a significant portion of their earnings.
• Significant Capital Allocation: The maximum allocation of $2,000,000 provides traders with the opportunity to manage substantial capital and scale their trading operations.
• Multiple Trading Platforms: Access to MT4, MT5, cTrader, and DXTrade provides traders with a wide range of platform choices to suit their individual preferences.
• Allowed Trading Strategies: FTMO allows a wide range of trading strategies, including scalping, trading bots, news trading, weekend holding, and hedging, providing traders with flexibility.
• Scaling Program: The scaling program offers traders the opportunity to increase their capital allocation as they consistently demonstrate profitability.
• Refundable Fee: The refundable fee reduces the financial risk associated with participating in the FTMO Challenge.
• Bi-Weekly Payouts: The bi-weekly payout schedule provides traders with regular access to their earnings.
• Multiple Payment/Payout Methods: FTMO offers a variety of payment and payout methods, including Credit Card, Crypto, Bank Transfer, Skrill, Apple Pay, and Google Pay.
• Long Operating History: Having been founded in 2015, FTMO has 11 years of operating history, suggesting stability and experience in the prop trading industry.

Cons:

• Balance Drawdown: The balance drawdown rule can be challenging for traders who are used to equity-based drawdowns.
• Daily Loss Limit: The daily loss limit, especially the 3.0% limit for the 1-Step Challenge, can be restrictive and may require careful risk management.
• US Traders Not Accepted: FTMO does not accept US traders, limiting its accessibility to a global audience.
• Copy Trading and HFT Not Allowed: The restriction on copy trading and HFT may be a disadvantage for traders who rely on these strategies.
• Challenge Fees: The challenge fees, while refundable, can be a barrier to entry for some traders.

Overall, FTMO offers a compelling package for experienced and disciplined forex traders, but the risk management rules and restrictions on certain trading strategies may not be suitable for everyone.

Frequently Asked Questions

Here are some frequently asked questions about FTMO, based solely on the provided data:

Q1: What is FTMO?

A: FTMO is a proprietary trading firm that provides traders with the opportunity to manage substantial capital and earn a profit split of up to 90%.

Q2: Where is FTMO located?

A: FTMO is headquartered in Prague, Czech Republic.

Q3: How long has FTMO been in operation?

A: FTMO was founded in 2015 and has been in operation for 11 years.

Q4: Who is the CEO of FTMO?

A: The CEO of FTMO is Otakar Suffner.

Q5: What trading platforms does FTMO offer?

A: FTMO offers MT4, MT5, cTrader, and DXTrade.

Q6: What is the maximum allocation offered by FTMO?

A: FTMO offers a maximum allocation of $2,000,000.

Q7: What is the profit split offered by FTMO?

A: FTMO offers a profit split of up to 90%.

Q8: What is the daily loss limit on FTMO accounts?

A: The daily loss limit is either 3.0% or 5.0%, depending on the challenge type.

Q9: What is the maximum loss on FTMO accounts?

A: The maximum loss is 10.0%.

Q10: What is the drawdown type on FTMO accounts?

A: The drawdown type is balance-based.

Q11: What trading strategies are allowed on FTMO?

A: FTMO allows scalping, trading bots/EAs, news trading, weekend holding, and hedging.

Q12: What trading strategies are not allowed on FTMO?

A: FTMO does not allow copy trading or HFT.

Q13: Does FTMO have a scaling program?

A: Yes, FTMO has a scaling program.

Q14: Is the challenge fee refundable?

A: Yes, the challenge fee is refundable upon the trader's first payout.

Q15: How often are payouts processed?

A: Payouts are processed bi-weekly.

Q16: What payout methods does FTMO offer?

A: FTMO offers Bank Transfer, Crypto, Skrill, Apple Pay, and Google Pay.

Q17: How long does it take to receive the first payout?

A: The first payout is typically processed after 14 days.

Q18: Are US traders accepted by FTMO?

A: No, US traders are not accepted.

Q19: What is the Trustpilot rating of FTMO?

A: FTMO has a Trustpilot rating of 4.8/5 from 38670 reviews.

Q20: What is the starting price for an FTMO Challenge?

A: The starting price for a challenge is $79.

Final Verdict

FTMO presents a compelling opportunity for experienced and disciplined forex traders seeking to manage substantial capital and earn a significant portion of the profits they generate. The firm's long operating history, high Trustpilot rating, and generous profit split of up to 90% contribute to its strong reputation within the prop trading community. The availability of multiple trading platforms, including MT4, MT5, cTrader, and DXTrade, caters to a wide range of trading styles and preferences. The allowance of various trading strategies, such as scalping, trading bots, news trading, weekend holding, and hedging, provides traders with the flexibility to implement their preferred approaches.

However, potential traders should carefully consider the risk management parameters, particularly the daily loss limit and balance-based drawdown, which may require a disciplined and conservative trading style. The restriction on copy trading and HFT may also be a drawback for some traders. The challenge fees, while refundable upon the first payout, represent an initial investment that traders should be prepared to make. The fact that US traders are not accepted limits the accessibility of FTMO's services to a global audience.

Overall, FTMO is a reputable and well-established prop trading firm that offers a valuable opportunity for skilled forex traders to access capital and earn a substantial income. While the risk management rules and restrictions on certain trading strategies may not be suitable for everyone, FTMO's comprehensive offering and attractive terms make it a worthwhile consideration for serious traders who are confident in their abilities and are seeking to take their trading career to the next level. The scaling program further enhances the appeal of FTMO, providing traders with the opportunity to increase their capital allocation and earning potential as they consistently demonstrate profitability.