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FTMO

Trust3.7
FTMO is a modern proprietary trading firm established in 2015 that provides traders with simulated trading accounts through evaluation challenges. Traders can earn performance-based rewards up to 90% of their simulated profits after successfully completing the FTMO Challenge evaluation process.
Czech Republic
Founded 2015
CEO: Otakar Šuffner
11 Years in Operation
4.5(34 reviews)
Fee from
$79
Max funding
$200,000
Profit split
80% - 90%
Verified payouts

FTMO Funding Explained

Rating Breakdown

Reliability & Trust
4.8
Trading Conditions
4.1
Profit Split & Payouts
4.5
Rules & Restrictions
4.2
Support & Communication
4.5

Company Regulation

No regulatory licenses listed

This firm operates as a private company without a publicly listed regulator license. Many reputable prop trading firms are not regulated by a financial authority because they don't accept retail deposits — funded accounts use the firm's own capital, so typical broker-licensing requirements don't apply.

Before depositing funds for an evaluation challenge, we recommend checking the firm's reputation through verified payouts, third-party reviews (TrustPilot), and its track record.

Company Address

Mauritius Office

Silicon Avenue, 40 Cybercity The Cyberati Lounge Ground Floor, The Catalyst Ebene 72201

Ebene, Mauritius

Platforms & Infrastructure

Trading Platforms:
MetaTrader 4MetaTrader 5cTrader
Asset Classes:
ForexIndicesCommoditiesCrypto
Broker / Liquidity:OANDA
Data Feed Source:Not specified
Platform Fees:No platform fees

Prop Firm Basic Rules

Minimum Age:18 years old
Max Accounts per Trader:3 accounts
KYC Required:✅ Yes
KYC Stage:Not specified
Account Merging:❌ Not allowed
Swap Free Accounts:❌ Not available
IP / VPN Policy:Not specified
Inactivity Policy:Not specified

Prohibited Actions

🚫Account Sharing
⚠️Account Management by Third Party
🚫Group Trading / Coordinated Trading
🚫Opposite Positions Across Accounts
🚫Exploiting Platform Errors

Support & Education

Support Channels

EmailPhoneLive Chat

Support Details

Languages:English, Arabic, Czech, Spanish, French, German, Hebrew, Italian, Japanese, Polish, Portuguese, Russian, Serbian, Swahili, Filipino, Turkish, Ukrainian, Vietnamese, Romanian, Swedish
Working Hours:24/7

Additional Services

Discord Community
Educational Resources
Trade Analytics Dashboard

Payment Methods & Currencies

Payment Methods

Credit CardDebit CardBank TransferCrypto

Accepted Currencies

USDEURGBP

Supported Withdrawal Methods

Bank TransferCryptoSkrill

Payout Currencies

USDEURGBPBTCETHLTCUSDCUSDT

Fees & Commissions

$89.00

FTMO Challenge - 1-Step $10,000

$250.00

FTMO Challenge - 1-Step $25,000

$345.00

FTMO Challenge - 1-Step $50,000

$439.00

FTMO Challenge - 1-Step $100,000

$1080.00

FTMO Challenge - 1-Step $200,000

Entry fees are 100% refundable if the trader does not pass the FTMO Challenge. Trading commissions are $5 USD per lot. Affiliate payouts available via bank transfer, Skrill, or crypto with minimum €50 required.

Leverage

1:100

Forex

Leverage varies by instrument and account type. Swing accounts feature 1:30 leverage for most forex pairs.

Payout Policy

ℹ️ Policy details may vary depending on the selected challenge. Below shows the maximum available range.

Profit Split (Trader/Firm):Up to 90/10
First Payout After:
14 days

Days after becoming funded

Profit Split Scaling:
✅ Active

Increase trader's split percentage over time

Payout Frequency:Bi-Weekly
Minimum Payout Amount:$100
Payout Processing Time:
1-3

Expected time to process payout requests

Restricted Countries

BelarusIranPakistanMyanmarNorth KoreaRussiaSyriaUkraineVietnam

Traders from these countries are not eligible to participate in challenges

Pros

  • FTMO is widely regarded as one of the most reputable prop firms with a long track record and strong industry trust.
  • Many users report fast and reliable payouts, often processed within days when rules are followed.
  • The evaluation process and platform experience are described as smooth, structured, and beginner-friendly.
  • Customer support is frequently praised as responsive and professional.
  • Strict rules are seen by some traders as a positive, forcing better discipline and risk management.

Cons

  • Very strict risk rules (especially daily drawdown) often lead to account loss even after good performance.
  • Some users report unclear or inconsistently applied rules, leading to frustration or perceived arbitrariness.
  • Complaints exist about payout denials or account violations over small technical breaches.
  • Occasional issues with KYC verification or account blocking after passing evaluation.
  • Challenge fees are considered relatively expensive, especially given the high failure rate.

Community Recognition

4.8/5(2,348,712)

Common questions

Is FTMO legit?

FTMO has 34 trader reviews averaging 4.5 out of 5 and 11 years in operation. Verified payouts are the part worth weighing most: they are payments traders proved they received, not claims the firm makes about itself. The payouts tab lists them individually so you can see the amounts and dates for yourself.

How much does a FTMO challenge cost?

FTMO's cheapest evaluation starts at $79. It currently lists 10 challenges, and the price of each rises with the account size it funds. The challenges tab shows every account size with its current fee.

What is FTMO's profit split?

FTMO pays traders 80% - 90%. The range reflects different challenge types — the split you get depends on which one you buy and, with some firms, on how long you stay funded.

How much funding can you get from FTMO?

The largest account FTMO funds directly is $200,000. Firms that run a scaling plan raise that ceiling for traders who stay profitable, so check the individual challenge for its scaling terms.

What trading platforms does FTMO offer?

FTMO supports MetaTrader 4, MetaTrader 5 and cTrader. Platform matters more than it used to: after MetaTrader access tightened for prop firms, availability now varies from firm to firm, and automated strategies written for one platform rarely move to another.

Is FTMO regulated?

FTMO has no financial licence listed on its profile, which is the norm for prop firms rather than a red flag. Traders on an evaluation account trade the firm's own capital, not client money, so the activity generally falls outside investment-firm regulation. It is registered in Czech Republic.

How does FTMO pay traders?

FTMO pays out via Bank Transfer, Crypto and Skrill.