FTMO Review 2026: The Complete Guide
FTMO remains one of the most recognized names in proprietary trading. Founded in 2015 in Prague, Czech Republic, with over 11 years of operation, FTMO has built a reputation backed by 38,670+ Trustpilot reviews and a 4.8/5 rating. But is it still the best choice in 2026? Let's break down everything you need to know.
FTMO at a Glance
| Feature | Details |
|---|---|
| Founded | 2015 (Prague, Czech Republic) |
| Trustpilot Rating | 4.8/5 (38,670+ reviews) |
| Max Allocation | $2,000,000 |
| Profit Split | Up to 90% |
| Platforms | MT4, MT5, cTrader, DXTrade |
| Market Type | Forex & CFDs |
| Payout Frequency | Bi-weekly |
| Challenge Types | 1-Step & 2-Step |
Challenge Types & Pricing
FTMO offers two evaluation models:
1-Step Challenge
The 1-Step challenge requires you to hit a 10% profit target with a 3% daily loss limit and 10% max loss. No minimum trading days required.
| Account Size | Price | Profit Target | Daily Loss | Max Loss | Profit Split |
|---|---|---|---|---|---|
| $10,000 | $79 | 10% | 3% | 10% | 90% |
| $25,000 | $199 | 10% | 3% | 10% | 90% |
| $50,000 | $319 | 10% | 3% | 10% | 90% |
| $100,000 | $499 | 10% | 3% | 10% | 90% |
| $200,000 | $999 | 10% | 3% | 10% | 90% |
2-Step Challenge
The 2-Step evaluation has a 10% Phase 1 and 5% Phase 2 profit target with a 5% daily loss limit and minimum 4 trading days per phase.
| Account Size | Price | Phase 1 | Phase 2 | Daily Loss | Max Loss | Profit Split |
|---|---|---|---|---|---|---|
| $10,000 | $89 | 10% | 5% | 5% | 10% | 80% |
| $25,000 | $250 | 10% | 5% | 5% | 10% | 80% |
| $50,000 | $345 | 10% | 5% | 5% | 10% | 80% |
| $100,000 | $540 | 10% | 5% | 5% | 10% | 90% |
| $200,000 | $1,080 | 10% | 5% | 5% | 10% | 90% |
Key Rules
Drawdown
- Daily Loss Limit: 3% (1-Step) or 5% (2-Step) based on balance
- Max Loss: 10% (balance-based, static)
- Drawdown Type: Balance-based
Trading Rules
- Scalping: Allowed
- News Trading: Allowed
- Weekend Holding: Allowed
- Expert Advisors (EAs): Allowed
- Scaling Plan: Available
Consistency Rule
The 1-Step challenge has a Best Day Rule: your best trading day cannot exceed 50% of your total profits. This does not apply to the 2-Step challenge.Payout System
FTMO processes payouts bi-weekly (every 14 days). The profit split starts at 80% for 2-Step and 90% for 1-Step accounts. Through the scaling plan, traders can increase their allocation up to $2,000,000.
Platforms
FTMO supports four trading platforms:
- MetaTrader 4 (MT4) — Classic, reliable
- MetaTrader 5 (MT5) — Advanced charting
- cTrader — Popular for scalpers
- DXTrade — Web-based alternative
Pros and Cons
Pros
- 11+ years of proven track record
- 38,670+ Trustpilot reviews (4.8/5)
- Up to 90% profit split
- No minimum trading days on 1-Step
- Multiple platform options
- Scaling plan up to $2M
- All trading styles allowed
Cons
- Best Day Rule on 1-Step challenge
- No futures trading (forex/CFDs only)
- Pricing slightly higher than some competitors
- No instant funding option
- Bi-weekly payouts (some competitors offer daily)
FTMO vs Competitors
How does FTMO compare to other top prop firms in 2026?
| Feature | FTMO | FundedNext | The5ers |
|---|---|---|---|
| Max Allocation | $2M | $4M | $4M |
| Profit Split | Up to 90% | Up to 95% | Up to 100% |
| Cheapest Entry | $79 | $32 | $39 |
| Payout Frequency | Bi-weekly | Bi-weekly | Bi-weekly |
| Platforms | MT4/MT5/cTrader/DX | MT4/MT5 | MT5/cTrader |
Who Is FTMO Best For?
FTMO is ideal for:
- Experienced forex traders who want a reputable, well-established firm
- Traders who prefer multiple platforms (4 options)
- Scalpers and news traders (all styles allowed)
- Traders seeking a large allocation (up to $2M)
Final Verdict
FTMO remains a top-tier prop firm in 2026. While it faces stiffer competition from newer firms offering higher profit splits and lower prices, its 11-year track record, 38,670+ verified reviews, and flexible trading rules make it a safe and reliable choice. The 1-Step challenge at 90% profit split is particularly attractive for confident traders.
Rating: 4.8/5
If you value reputation and reliability over the absolute cheapest price, FTMO is still one of the best prop firms in the industry.