FTMO
Prague, Czech RepublicEst. 201530,000 funded tradersTop RatedEditor's Choice
4.8
9,000 verified reviews
5★
5850
4★
1800
3★
720
2★
360
1★
270
Max Allocation
$400K
Profit Split
90%
Starting From
$155
Daily Loss Limit
5%
Max Drawdown
10%
First Payout
14 days
Payout Frequency
bi-weekly
Pass Rate
10%
About FTMO
FTMO was founded in 2015 in Prague, Czech Republic, by traders who envisioned a transparent, fair evaluation system for identifying talented retail traders and providing them with professional trading capital. What started as a modest operation has grown into the world's most recognized proprietary trading firm, processing millions of evaluations and distributing over $200 million in payouts. The firm's Czech Republic base provides a strong European regulatory framework and business environment. FTMO has built a substantial corporate infrastructure including dedicated offices, a large support team, and sophisticated risk management systems. Their longevity in an industry where firms frequently appear and disappear provides unmatched credibility. FTMO continues to innovate while maintaining the reliability that built their reputation. They regularly update their platform offerings, introduce new account types, and enhance their proprietary analytics tools. The firm's free trial challenges and educational resources demonstrate a genuine commitment to trader development beyond mere evaluation.
Headquarters
Prague, Czech Republic
CEO / Founder
Otakar Suffner
Market Type
forex
Status
active
Trading Platforms
MT4
MT5
cTrader
DXTradeTradable Assets
FXMetalsIndicesCommoditiesCryptoStocks
Payment Methods
Credit CardCryptoBank TransferSkrill
Trading Rules
Daily Loss Limit
5%
Based on balance
Max Drawdown
10%
Static from initial balance
Profit Target
10%
2-step
Min Trading Days
4
4 days required
Consistency Rule
none
Leverage: 1:100
Allowed Strategies
Scalping
Short-term quick trades
News Trading
Trade during economic events
Bots / EA
Automated trading bots
Copy Trading
Copy other traders
Hedging
Opposite positions
Weekend Holding
Hold over weekends
Martingale
Double-down strategy
HFT
High frequency trading
Challenges (5)
Trading Features
Scaling Plan
Refundable Fee
Live Chat Support
Payout Process
Evaluation
Pass the challenge
Sim Funded
First payout in 14d
Live Funded
Unlock full payouts
Evaluation
Pass the challenge
Sim Funded
First payout in 14d
Live Funded
Unlock full payouts
Payout Schedule
Frequency: bi-weekly
Processing: 24-48h
Payout Methods
Bank TransferCryptoSkrill
Fee refunded with first payout
Scaling Program
Scale Up Your Account
Grow your allocation over time with consistent trading
Increment
25%
Frequency
N/A
Max Allocation
N/A
$400K...via 25% increments
Pros & Cons
Pros
- Most established prop firm with nearly a decade of operations since 2015
- Over $200 million in verified payouts, the highest in the industry
- 90% profit split with reliable, fast payout processing
- Proprietary Account MetriX dashboard and Performance Coach tools
- Free Trial available to test strategy without financial risk
- Supports MT4, MT5, cTrader, and DXTrade platforms
- 25% account scaling every four months for consistent performers
Cons
- $400K maximum funding is lower than competitors offering $2.5M-$4M
- Premium pricing compared to budget-friendly alternatives
- Strict evaluation parameters with no flexibility on drawdown limits
- No instant funding option unlike The5ers or FundedTradingPlus
- Scaling is gradual at 25% per quarter, slower than some competitors
Expert Review
Empire PropFirm Team
Expert Prop Trading Analysts
February 14, 202614 min read
9.2
/10
Overall Score
Based on 5 evaluation criteria
🛡Trust & Reputation9.8
📋Trading Rules8.8
💰Payout Process9.5
💎Value for Money8.5
⚡Platform & Tools9.0
Quick Summary
FTMO is the most established prop firm in the world, operating since 2015 from Prague, Czech Republic. They offer up to $400K in funded capital with a 90% profit split and unmatched industry reputation. Their FTMO Challenge has become the template for the entire prop trading industry.
01Company Background
FTMO was founded in 2015 in Prague, Czech Republic, by traders who envisioned a transparent, fair evaluation system for identifying talented retail traders and providing them with professional trading capital. What started as a modest operation has grown into the world's most recognized proprietary trading firm, processing millions of evaluations and distributing over $200 million in payouts.
The firm's Czech Republic base provides a strong European regulatory framework and business environment. FTMO has built a substantial corporate infrastructure including dedicated offices, a large support team, and sophisticated risk management systems. Their longevity in an industry where firms frequently appear and disappear provides unmatched credibility.
FTMO continues to innovate while maintaining the reliability that built their reputation. They regularly update their platform offerings, introduce new account types, and enhance their proprietary analytics tools. The firm's free trial challenges and educational resources demonstrate a genuine commitment to trader development beyond mere evaluation.
02Challenge Types & Pricing
FTMO's evaluation process consists of two phases: the FTMO Challenge and the Verification. The Challenge phase requires traders to achieve a 10% profit target within 30 calendar days while respecting a 5% daily loss limit and 10% maximum loss limit. The Verification phase reduces the profit target to 5% within 60 days, maintaining the same loss limits.
Account sizes range from $10,000 to $200,000, with traders able to hold multiple funded accounts up to $400,000 total. FTMO also offers a Free Trial that mirrors real challenge conditions, allowing traders to test their strategy without financial risk before committing.
The evaluation parameters are deliberately set to identify traders with sustainable strategies. The 10% profit target in Phase 1 is achievable for competent traders without excessive risk-taking, while the extended 60-day Verification period emphasizes consistency. This two-phase approach has proven effective at filtering for long-term profitability and has been copied across the industry.
03Trading Rules Analysis
FTMO's trading rules are well-established and clearly documented, leaving little room for ambiguity. The 5% daily loss limit applies to the day's equity at start, and the 10% maximum loss limit functions as an account-level stop-loss. Both are enforced automatically by the firm's risk management system.
Traders have significant freedom within these boundaries: news trading is permitted, overnight and weekend holding are allowed, hedging is supported, and EAs can be used. FTMO requires a minimum of 4 trading days during each evaluation phase, a reasonable requirement that prevents single-trade passes.
FTMO's Account MetriX provides real-time monitoring of all rule parameters, giving traders clear visibility into their standing at all times. This transparency is a significant advantage over competitors whose rule enforcement can feel opaque. The firm also provides detailed post-evaluation feedback through their Performance Coach tool.
04Payout Process
FTMO offers a 90% profit split with a proven, reliable payout process backed by nearly a decade of operations. Funded traders receive their first payout after 14 calendar days, with subsequent payouts available on a bi-weekly or monthly cycle. The regularity and reliability of FTMO's payouts are the primary reason traders trust the firm.
Payouts are processed through bank wire, Skrill, cryptocurrency, and other methods depending on the trader's region. Processing times are typically 1-2 business days, among the fastest in the industry. FTMO has publicly documented over $200 million in total payouts, providing verifiable evidence of their financial commitment.
The challenge fee is refunded with the first profit split payment from the funded account, effectively making the evaluation free for successful traders. FTMO's scaling plan increases the account balance by 25% every four months for traders who maintain consistent profitability, providing a steady growth path.
05True Cost Analysis
FTMO's challenge fees reflect their premium positioning. A $100K FTMO Challenge costs approximately $540, placing it in the mid-to-upper range of the market. However, this fee includes access to the Account MetriX dashboard, Performance Coach, and a comprehensive evaluation infrastructure that cheaper firms cannot match.
The fee refund on first payout, combined with the 90% profit split and 25% scaling every four months, provides strong long-term value. Traders should view the evaluation fee as an investment in the most reliable prop firm experience available, rather than comparing purely on sticker price.
06Who Should Use FTMO?
FTMO is the ideal choice for traders who prioritize trust and proven reliability above all other factors. If you want the peace of mind that comes from choosing the most established firm in the industry with a verifiable payout history, FTMO is the clear choice.
The firm is also excellent for traders new to prop trading who want a well-documented, transparent evaluation process. FTMO's Free Trial, educational content, and Performance Coach tools provide a supportive environment for traders transitioning from self-funded to professionally funded trading.
07Alternatives
The most direct FTMO alternatives are FXIFY for its $4M scaling potential and cTrader support, FundedNext for its higher profit split up to 95%, and The5ers for instant funding without evaluation. Each offers advantages that FTMO lacks: higher capital, better splits, or faster funding respectively.
However, no competitor matches FTMO's combination of longevity, verified payouts, and industry reputation. For risk-averse traders who want the safest bet in prop trading, FTMO remains unmatched despite offering lower maximum funding than several newer competitors.
Final Verdict
9.2/10 — Excellent
Empire PropFirm Expert Rating
FTMO is the undisputed industry leader in proprietary trading firms. Nearly a decade of operations, over $200 million in verified payouts, and the most recognized brand in the space make it the safest choice for traders entering the prop firm world. The 90% profit split, multi-platform support, and comprehensive trader tools provide a complete professional trading experience.
The limitations are clear: $400K maximum funding is below several competitors, and pricing is premium. But for traders who value proven reliability and industry-leading transparency, FTMO remains the benchmark. New firms may offer flashier numbers, but FTMO offers something harder to replicate: trust built over years of consistent performance.
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FAQ
8 questions about FTMO
FTMO has been operating since 2015, making it nearly a decade old and the most established prop firm in the industry. They have maintained consistent operations and payouts throughout their entire history.
Terms & Conditions Summary
- Legal Entity
- FTMO s.r.o.
- Jurisdiction
- Czech Republic
- Governing Law
- Czech Republic
- Address
- Quadrio offices, Purkynova 2121/3, 110 00 Prague 1, Czech Republic
Disclaimer: This summary is provided for informational purposes only and does not constitute legal advice. Terms may change without notice. Always read the full Terms & Conditions on the official website before making any purchase. Last reviewed: 2026-01-15.
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