FTMO

Company Overview

FTMO is a proprietary trading firm headquartered in Prague, Czech Republic, founded in 2015. It is one of the longest-operating firms in the sector, serving traders in over 140 countries.

Evaluation Process & Trading Rules

FTMO offers both a 1-Step and a 2-Step FTMO Challenge, alongside a free trial version and a beta futures product. Standard risk limits are a 5% maximum daily loss and a 10% maximum overall loss, both calculated as a static percentage of the initial account balance. The 1-Step account carries a 'Best Day' consistency rule capping the single best day at 50% of positive-day profits before payout; the 2-Step account has no such consistency requirement, and breaching the rule holds a payout rather than breaching the account.

Funding & Profit Split

FTMO offers five account sizes from $10,000 to $200,000. The default profit split is 80%, rising to 90% through the Scaling Plan, under which successful accounts can receive balance increases of roughly 25% at a time, up to a stated $2 million maximum allocation.

Payout Process

Traders can request their first payout after a minimum of 14 calendar days from their first trade on a funded account, provided the account is in profit with no open orders. FTMO advertises an average payout processing time of around 8 hours, with actual processing having reportedly improved to roughly 1-2 business days.

Platform & Execution

FTMO supports MetaTrader 4, MetaTrader 5, and cTrader, with TradingView integration also available.