AE
3 Years 
Max. allocation$200K
Forex and CFD
FTMO
2 Step challenges from $89, traded on cTrader, MT4, MT5 and TradingView.
CZ
Markets
Platforms
-
cTrader -
MT4 -
MT5
- TradingView
- Program
- 1
- Cheapest challenge
- $89
- Top profit split, on 2 Step Challenge
- 90%
- Max. allocation
- $400K
- Leverage on FX
- 1:100
- Daily loss limit
- 5%
Programs and Prices
1 program, with the price at every account size. Prices include the firm’s current promotion, with the list price struck through.
Rules at a Glance
Loss limits are a share of the starting balance. Breaking either limit ends the account.
| Program | Type | Account sizes | Profit split | Profit target | Daily loss limit | Max loss limit | From |
|---|---|---|---|---|---|---|---|
| 2 Step Challenge | 2 Step | 10K to 200K | 80% to 90% | 10% then 5% | 5% | 10% | $89 |
FTMO rules in full
Max DD Type
Static
Daily DD Type
EOD Equity Less Fixed $ amount from Initial Capital
News Trading
4m Window No Execution | FTMO Account
EAs/Copy
Yes to EAs. Warning: third-party EAs using the same strategy will result in a breach. Yes to copying; however, no copying from accounts not owned by the trader or from group trading arrangements.
Holding Restrictions
Overnight Holding Allowed. No Weekend | FTMO Account Funded, Weekend Holding | Challenge & Verification
Position Sizing
Max Lot Size 50 on FX
Scaling rules
Duration Requirements
4 months
Profit Requirements
10%
Scaling %
25%
Payout Requirements
2 Payouts
Max Scaling Amount
$2,000,000
Additional
There are Enhanced Pathways to Join QuantLane, A Traditional Prop Firm. You must Satisfy Prime & Supreme Status before potentially being invited to QuantLane.
FTMO review
FTMO is a Prague based prop firm operated by FTMO s.r.o. that has run trader evaluations since 2015. It offers two CFD products, the FTMO Challenge 1 Step and the FTMO Challenge 2 Step, each in sizes of $10,000, $25,000, $50,000, $100,000 and $200,000. Fees are charged in euros: the 2 Step runs from €89 to €1,080 and the 1 Step from €79 to €999. The 2 Step asks for a 10% target in the challenge and 5% in the verification, with a 5% maximum daily loss, a 10% static maximum loss and at least four trading days in each phase. The 1 Step has a single 10% target, a 3% daily loss limit, a 10% maximum loss that trails the highest end of day balance, and a Best Day Rule that stops any single day from making up more than half of the profit. Neither product has a time limit. Funded traders keep 90% on the 1 Step and 80% on the 2 Step, rising to 90% through the Scaling Plan or Premium Programme, and the 2 Step fee is refunded with the first reward. Trading runs on MetaTrader 4, MetaTrader 5, cTrader and TradingView, with Standard accounts at up to 1:100 leverage and Swing accounts, offered on the 2 Step only, at up to 1:30.
Suits
Patient forex and index traders who want a long established firm, a static drawdown on the 2 Step and a fee refund with the first reward.
Less suited to
Avoid FTMO if you need to hold funded positions over the weekend on a Standard account or trade the minutes around major news releases.
Pros
- The 2 Step uses a static 10% maximum loss and refunds the fee with the first reward.
- There is no time limit on either the 1 Step or the 2 Step challenge.
- The 1 Step pays a 90% reward share from the first withdrawal.
- FTMO charges no commission on reward withdrawals, and the minimum by bank wire is $20.
- Four platforms are supported: MetaTrader 4, MetaTrader 5, cTrader and TradingView.
Cons
- Fees are priced in euros, so the cost for dollar based traders changes with the exchange rate.
- Funded Standard accounts must close positions before the weekend and cannot trade two minutes either side of selected news.
- The 1 Step uses a trailing maximum loss and a 50% Best Day Rule.
- The 2 Step reward share starts at 80% and only reaches 90% through the Scaling Plan or Premium Programme.
- The first reward cannot be requested until the 14th day after the first trade.
Verdict
FTMO's appeal rests on a long track record and a rulebook that is clearly documented. The 2 Step is the more forgiving product for patient traders: the maximum loss is a fixed floor 10% below the starting balance, there is no consistency rule, and the fee comes back with the first reward. The 1 Step is cheaper at every size and pays 90% from the start, but its maximum loss trails the highest end of day balance, the daily limit is tighter at 3%, and the Best Day Rule means one large winning day has to be balanced by further profit before a pass or a reward. Funded Standard accounts carry two restrictions that shape strategy. Trades on affected instruments cannot be opened or closed from two minutes before to two minutes after selected news releases, and positions must be closed before the weekend. Traders who hold positions for days can choose the Swing account type on the 2 Step, which removes both restrictions in exchange for lower leverage. Rewards can be requested from the 14th day after the first trade, FTMO charges no commission on withdrawals, and payouts go by bank wire, card, Skrill or crypto. Because fees are priced in euros, the cost in dollars moves with the exchange rate. Trustpilot shows a rating of 4.8 from more than 53,000 reviews. FTMO suits disciplined swing and intraday traders who value a stable rulebook over the lowest possible entry fee.
Payouts
Min. Payout
$20 Bank Transfer, $50 Crypto
Frequency
14 Days (From First Trade)
Reset Policy
Can Change 14 Day Cycle 3 Times, in 14-60 Day Window
Payout Methods
Bank Wire Transfer, Skrill or Crypto Currency
Leverage and Commissions
| Market | Leverage | Commission |
|---|---|---|
| FX | 1:100 (Majors) 1:30 (Major Swing) 1:66.67 (Exotics) 1:20 (Exotic Swing) | Per lot ($3) |
| Metals | 1:30; 1:9 (Swing) | Volume (0.001%) |
| Indices | 1:50 (Major) 1:15 (Major Swing) | Not listed |
| Energy | 1:30 ; 1:9 (Swing) | Not listed |
| Crypto | 1:3.3; 1:1 (Swing) | Not listed |
| Stocks | 1:3.3; 1:1 (Swing) | Volume (0.001%) |
Firm Details
- Country
- CZ
- In operation
- 11 years
- Trustpilot
- 4.8 out of 5
- Platforms
- cTrader, MT4, MT5, TradingView
- Markets
- FX, Metals, Indices, Energy, Crypto, Stocks
- Payment methods
- Credit/Debit Cards, Apple Pay, Skrill, Google Pay, Nuvei, Bank Transfer & Crypto
- Payout methods
- Bank Wire Transfer, Skrill or Crypto Currency
- Support
- Emails, Live Chat and WhatsApp | 24/7
Questions about FTMO
Is FTMO legit?
FTMO is operated by FTMO s.r.o. from offices in Prague and has run trader evaluations since 2015. The firm reports more than $650 million paid in rewards, and Trustpilot shows a rating of 4.8 from more than 53,000 reviews. Clients in the United States are served through an affiliated entity at ftmo.oanda.com, and clients in Australia through a separate FTMO site.
How much does the FTMO Challenge cost?
Fees are charged in euros. The 2 Step costs €89 for $10,000, €250 for $25,000, €345 for $50,000, €540 for $100,000 and €1,080 for $200,000. The 1 Step costs €79, €199, €319, €499 and €999 for the same sizes. The 2 Step fee is refunded with the first reward, while the 1 Step fee is not refunded.
What is the difference between the FTMO 1 Step and 2 Step?
The 2 Step has a 10% target followed by a 5% verification, a 5% daily loss limit, a static 10% maximum loss and four minimum trading days in each phase. The 1 Step has one 10% target, a 3% daily limit, a 10% maximum loss that trails the end of day balance and a 50% Best Day Rule, but it pays 90% from the start.
How do FTMO payouts work?
A reward can be requested on the 14th day after the first trade on the account, or any day after that, once all positions are closed. FTMO reviews the request within one to two business days and usually sends the money within one to two business days of invoice approval. Methods include bank wire, Visa Direct or Mastercard Send, Skrill and crypto, with no FTMO commission.
Can you trade news and hold over the weekend with FTMO?
During the evaluation, news trading and weekend holding are allowed on every account. On a funded Standard account, trades on affected instruments cannot be opened or closed from two minutes before to two minutes after selected releases, and positions must be closed before the weekend. The Swing account type on the 2 Step removes both restrictions, with leverage of up to 1:30.
Does FTMO have a scaling plan?
Yes. Every four months, an FTMO Account with at least 10% net profit over the period, at least two processed rewards and a positive balance can grow by 25%. Scaling continues up to a combined $2,000,000 across all of a trader's FTMO Accounts, and 2 Step accounts that meet the conditions move to a 90% reward share.
Similar Firms
Forex and CFD firms traders compare with FTMO.
