FTMO
Trust: HighSpecifications
| Profit split | 80% (up to 90% with conditions) |
|---|---|
| Max funding | Up to $400,000 ($2,000,000 with scaling) |
| Challenge fee | $89 – $1,080 (depends on account size) |
| Payout track record | Among the longest verifiable track records in the industry (2015–) |
| Payout cycle | 14-day cycle (first payout on-demand) |
| Platforms | MT4 · MT5 · cTrader · DXtrade |
| Website | https://ftmo.com/ |
Strengths
- Longest-running prop firm in its class (since 2015)
- Extensive, third-party-corroborated payout proofs
- Multilingual support including Japanese
- Refund of evaluation fee on first payout (with conditions)
Watch-outs
- Higher evaluation fees than budget competitors
- Detailed rule set (max lot, consistency, etc.) takes time to internalize
- Consistency rule can disqualify accounts that look profitable on paper
What FTMO is
FTMO is a Czech-based proprietary trading firm headquartered in Prague, operating since 2015. Traders pay an evaluation fee, complete a two-phase challenge (Challenge → Verification), and on passing gain a simulated-funded account. A share of the profit (the “profit split”) is paid out to the trader.
FTMO is widely considered the most trust-grade firm in the industry because of its long operating record and continuous, public payout proofs.
Evaluation steps
- Challenge: 30 days to hit +10% profit; max 10% loss; max 5% daily loss.
- Verification: 60 days to hit +5% profit; same loss limits.
- After passing both, the trader is moved to an FTMO Trader (funded) account.
Always confirm current numbers on the official site.
What to watch
- Consistency rule: profits skewed to a single trade above a certain threshold can fall outside the payout-eligible range.
- EA / news trading restrictions: some automated strategies and news-time trades are restricted.
- Legal positioning: FTMO publicly states that trading is conducted in a simulated environment, with no real orders sent to market. Tax treatment in your jurisdiction varies — consult a local tax professional.
Our take
For long operating record, payout transparency, and overall trust signals, FTMO is at the top of the industry. Evaluation fees are not cheap, however, so we recommend starting with a small account size to learn the rule set before scaling up.
* Contains affiliate links. Always confirm latest terms and fees on the firm’s official site.