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Volume XII · № 4
Wednesday, April 22, 2026
Independent Since 2024 · Source-Cited
Daytraders.nl
Broker · Prop Firm · Trader · Strategy
Prop firm
Evaluation

FTMO

Headquartered Czech Republic Founded 2015 Account sizes €10,000–€200,000
✓ Pros
  • EU-based and regulated
  • Excellent reputation
  • Scaling up to €400K
  • Supports forex, indices, crypto, stocks
  • Refundable challenge fee
✗ Cons
  • 2-step evaluation required
  • Lower starting profit split (80%)
  • Stricter rules than some competitors
  • 30-day time limit per phase

Who is this for?

Forex Traders

FTMO specializes in forex with MT4, MT5, and cTrader platforms. It's ideal for forex-focused traders.

Serious Career Traders

The €2M scaling potential and professional structure make FTMO ideal for traders building long-term prop trading careers.

Disciplined Traders

The 5% daily loss limit requires disciplined risk management. Traders who follow strict rules will thrive.

Impatient Traders

The 2-step evaluation process takes time. Traders who want instant funding should look elsewhere.

Consistency-Rule Avoiders

FTMO has consistency requirements that may limit traders relying on occasional big wins.

Evaluation & account

Type
2-Stap Challenge (Challenge + Verification).
Fee
Vanaf €155 (volledig terugbetaalbaar bij eerste payout).
Account sizes
€10K · €25K · €50K · €100K · €200K
Profit target
Phase 1: 10%. Phase 2: 5%.
Min. days
4
Max. days
30 days per phase

Evaluation steps

  1. 1

    FTMO Challenge

    Start with the FTMO Challenge (Phase 1). Reach a 10% profit target while respecting the 5% daily loss limit and 10% maximum loss limit. Complete within 30 days.

  2. 2

    Verification Phase

    After passing the Challenge, enter the Verification (Phase 2). Achieve a 5% profit target with the same risk rules. Complete within 60 days.

  3. 3

    Become FTMO Trader

    Upon passing both phases, become an FTMO Trader with a funded account. No profit target on funded accounts - focus on consistent trading.

  4. 4

    Start Earning

    Trade with FTMO capital and earn 80-90% of your profits. Bi-weekly payouts allow regular access to your earnings.

  5. 5

    Scale Your Account

    Successful traders can scale up to €2,000,000 through FTMO's scaling plan based on consistent performance.

Payout & profit split

Profit split
80/20 scaling tot 90/10.
Payout frequency
Bi-weekly
Speed
1-2 business days
Methods
Bank Wire · Skrill · Crypto
First payout
14 calendar days in funded

Start at 80% profit split, scale to 90% based on performance

Payout policies

FTMO offers a highly competitive profit split starting at 80% and increasing to 90% for traders who demonstrate consistent performance over time. Bi-weekly payouts provide regular access to your trading profits. Withdrawal methods include Bank Wire, Skrill, and Cryptocurrency, accommodating traders globally. FTMO processes payout requests promptly, typically within 1-2 business days. There is no minimum payout amount for established traders. The profit split improvement to 90% is based on meeting specific performance criteria and maintaining disciplined trading. FTMO is known in the industry for reliable, on-time payouts and transparent policies.

Scaling plan

FTMO offers one of the most generous scaling plans in the prop trading industry. Successful traders can grow their account sizes from initial levels (€10K-€200K) up to €2,000,000 through the scaling program. Scaling is based on achieving a 10% profit target in your funded account while maintaining proper risk management. Each scaling increase is 25% of your current account size. Traders who consistently meet profit targets and demonstrate discipline can progress through multiple scaling tiers. The profit split improves to 90% for scaled accounts, maximizing trader earnings. This scaling potential makes FTMO attractive for traders with long-term career goals in proprietary trading.

Trading rules

Drawdown type
5% Maximum Daily Loss, 10% Maximum Trailing Loss.
Max. drawdown
10%
Daily drawdown
5%
Max. scaling
€400,000
Consistency rule
Yes
Consistency details
10% max per trading day
News trading
Restricted (no high-impact news)
Weekend holding
Allowed with reduced leverage
Automated
Allowed

Static daily and overall loss limits

Risk details

FTMO uses a static drawdown system with clear daily and maximum loss limits. The 5% daily loss limit means your equity cannot decrease by more than 5% from the start of each trading day. The 10% maximum loss limit is calculated from your initial balance and does not trail. This static approach provides predictability - you always know exactly how much room you have before breaching rules. Both limits apply throughout the Challenge, Verification, and funded phases. FTMO emphasizes that proper position sizing and stop-loss usage are essential for success. The consistency rule requires that trading results are evenly distributed rather than dependent on single large trades.

Platform & features

FTMO specializes in forex and CFD trading, supporting industry-standard platforms MT4, MT5, cTrader, and DXtrade. MetaTrader 4 (MT4) is the classic choice with extensive indicator libraries and Expert Advisor support. MetaTrader 5 (MT5) offers advanced features including more timeframes and improved backtesting. cTrader provides a modern interface with excellent charting and cAlgo for automated strategies. DXtrade offers an alternative web-based solution. All platforms provide access to forex pairs, indices, commodities, and crypto CFDs. Professional order types, one-click trading, and mobile apps ensure traders can execute strategies effectively.

How to start

  1. 1

    Register on FTMO

    Create your FTMO account on their website. Verify your email and complete your profile with required information.

  2. 2

    Select Account Configuration

    Choose your account size (€10K to €200K), currency, and platform (MT4, MT5, cTrader, or DXtrade).

  3. 3

    Purchase Challenge

    Pay for your FTMO Challenge. The fee is refunded upon becoming a funded trader.

  4. 4

    Download Platform

    Install your chosen platform (MT4, MT5, or cTrader) and log in with FTMO-provided credentials.

  5. 5

    Complete Challenge

    Trade to reach the 10% profit target within 30 days while respecting the 5% daily and 10% max loss limits.

  6. 6

    Pass Verification

    Upon passing Challenge, enter Verification. Reach 5% profit within 60 days with same risk rules. Then receive your funded account.

Frequently asked questions

Where is FTMO based?

FTMO is headquartered in Prague, Czech Republic - making it EU-based and regulated.

What is the FTMO Challenge?

A 2-step evaluation: first pass 10% profit target, then 5% verification phase.

What is FTMO profit split?

Starts at 80%, can scale to 90% based on consistent performance.

What markets can I trade?

Forex pairs, indices, commodities, crypto, and stocks.

Is the challenge fee refundable?

Yes, the fee is refunded with your first profit split.

What platforms does FTMO support?

MT4, MT5, cTrader, and DXtrade.

Can I trade during news?

Restricted - you cannot open trades within 2 minutes of high-impact news.

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