PropFirmWay

FTMO Challenge 1-Step $200,000

1-Phase

The single-phase FTMO Challenge, with no Verification: a 10 percent profit target against a 3 percent maximum daily loss - tighter than the 2-Step's 5 percent - and a 10 percent maximum loss, both measured against the initial account balance. No minimum trading days and no time limit, so FTMO reports a shortest pass of two days. In exchange it carries a Best Day Rule of 50 percent, which the 2-Step does not, and the fee is NOT refundable. The reward share is 90 percent. NOTE ON CURRENCY: FTMO quotes account sizes in US dollars but charges the fee in EURO, so the figure shown here is euro.

Account Size
$200,000
Evaluation Fee
€999
Charged in EUR, about $1,121
Earn +1,794 reward points

Position Sizing

Max Lot Size
No Limit
Max Open Positions
No Limit
Max Open Lots (Total)
No Limit

Time & Holding Restrictions

Overnight HoldingAllowed
Weekend HoldingAllowed

Trading Style Permissions

Scalping
HFT
Hedging
Martingale
Grid Trading

News Trading

News Trading Allowed

Automation & Copy Trading

Expert Advisors (EAs)
Copy Trading
Trade Copier Between Own Accounts

Additional Restrictions

Stop Loss Required
No
Consistency Rule

Evaluation: Best Day Rule: the most profitable day must be 50% or less of Positive Days' Profit (sum of profitable days) to pass. Exceeding it is not a breach; trader keeps trading until the ratio is met. Funded: Same Best Day Rule (best day <= 50% of Positive Days' Profit) is required to be eligible for a Reward (payout); not a breach.

Consistency Rules

Source: https://ftmo.com/en/trading-objectives/