FTMO Review 2026
Type: CFD
Users' Reviews
FTMO is one of the most well-known proprietary trading firms in the retail trading industry, founded in 2015 and headquartered in Prague. It was created with the goal of identifying and funding talented traders by providing them with access to large amounts of capital without risking their own money.
Quick Overview
- Funding Models: 1-Step & 2-Step
- Profit Split: Up to 90%
- Max allocation: $400,000
- Daily Drawdown: 3%-5%
- Max Drawdown: 10%
- Payout Frequency: Bi-Weekly & On Demand
- Leverage: Up to 1:100
TrustPilot Rating: 4.8/5
Company Overview
- Company Name: FTMO
- Parent Company: N/A
- Founded Year: 2015
- Founder / CEO: Otakar Šuffner and Marek Vašíček
- Headquarter: Prague, Czech Republic
- Trading Platforms Offered: MT4, MT5 & cTrader
- Restricted Countries: United States, Iran, North Korea, Syria, Cuba, Sudan, and Russia
- Funding Models: One Step and Two Step Models
- Supported Trading Styles: Scalping and Swing Trading
The Captain's Commentary
We trust FTMO for its long-standing performance compared to other firms and we also have a few accounts with it. The payout and trading conditions have been good so far.
Funding Model Breakdown
Evaluation Phase
- Profit Target: 10%
- Maximum Daily Loss: 3%
- Maximum Loss: 10%
- Trading Period: Unlimited
- Best Day Rule (Consistency Rule): 50%
Funded Phase
- Profit Target: Unlimited
- Maximum Daily Loss: 3%
- Maximum Loss: 10%
- Trading Period: Unlimited
- Best Day Rule: 50%
- Profit Split: 90%
FTMO Challenge
- Profit Target: 10%
- Maximum Daily Loss: 5%
- Maximum Loss: 10%
- Minimum Trading Days: 4 Days
- Trading Period: Unlimited
FTMO Verification
- Profit Target: 5%
- Maximum Daily Loss: 5%
- Maximum Loss: 10%
- Minimum Trading Days: 4 Days
- Trading Period: Unlimited
FTMO Account
- Profit Target: Unlimited
- Maximum Daily Loss: 5%
- Maximum Loss: 10%
- Minimum Trading Days: Unlimited
- Profit Split: Up to 100%
Prohibited Strategies
- Latency Arbitrage
- Tick Scalping/Server Abuse
- Hedging across multiple accounts
- Martingale / Grid Strategies
- Gap Trading / Weekend Exploits
Trading Rules
- News Trading:
- Evaluation phases of 1-step and 2-step accounts: No restrictions
- FTMO Account (Funded): No market entry or exit within 2mn before and after a red news release on affected currency
- For exclusive swing accounts in 2-Step program, news trading is allowed for both evaluation and funded stages.
- Copy trading is allowed as long as they are owned accounts. Copy trading from third party or third party account management is strictly prohibited.
- FTMO Swing Account type can be chosen when purchasing 2-step accounts. You can request to change from swing account to standard account later. However, change from standard account to swing account is not allowed.
Final Verdict
FTMO is a legit prop firm and a highly recommended firm for all types of traders, especially beginners.
Users' Reviews
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