Czech RepublicSummary
Founded in Prague in 2015, FTMO invented the challenge model as we know it. More than 4.5 million clients, over $650M in rewards paid according to the firm and support in 21 languages: it is the benchmark every other prop firm is measured against.
The choice for maximum security. More expensive, but the most proven prop firm on the market.
Overview
FTMO is one of the few prop firms to have operated for more than a decade. Based in the Czech Republic, it employs over 300 people and holds a 4.8/5 rating on Trustpilot.
Its price is above average, but it buys something rare in this industry: confidence that the firm will still be here in five years.
Programs
The 2-Step Challenge is the original format: 10% target in phase 1, 5% in phase 2 (verification), 5% daily loss and a 10% static max loss. Static means the limit does not move up with your gains, which is very comfortable.
The newer 1-Step Challenge requires 10% in a single phase with a 3% daily loss, a 10% trailing drawdown and a best-day rule: your biggest day cannot exceed 50% of your profits.
Payouts
The split starts at 80% on the 2-Step and rises to 90% with the scaling plan; the 1-Step pays 90% from the start. The first withdrawal comes after 14 days, then on demand. Requests are processed in 1 to 4 business days.
A Swing account lets you hold positions over the weekend and trade economic releases, ideal for less active traders.
Challenges and conditions
- Price
- ≈ €540
- Target
- 10% + 5%
- Daily loss
- 5%
- Max loss
- 10%
- Profit split
- 80 → 90%
- Price
- ≈ $499
- Target
- 10%
- Daily loss
- 3%
- Max loss
- 10% (trailing)
- Profit split
- 90%
| Payout frequency | After 14 days, then on demand |
|---|---|
| Payout speed | 1 to 4 business days |
| Markets | Forex, Indices, Metals, Crypto, Stocks |
| Platforms | MT4, MT5, cTrader |
Public prices excluding promotions, verified in October 2026. Conditions change: check the official site before buying.
Trading rules
| News trading | Restricted when funded (except Swing account) |
|---|---|
| EAs and bots | Allowed |
| Weekend and overnight | Swing account only |
| Time limit | No limit |
Rules checked in October 2026. Check any point not listed here in the firm's official terms.
Strengths and weaknesses
Strengths
- More than 10 years of history
- Static drawdown on the 2-Step
- Support in 21 languages
- 90% from the start on the 1-Step
Weaknesses
- More expensive than average
- No permanent promo code
- First withdrawal after 14 days
Who is it for?
A good fit if you…
- Want the safest firm on the market
- Are a beginner who wants a static drawdown
- Need multilingual support
Avoid if you…
- Have a small budget
- Trade futures
FTMO against competitors
 FTMO |  Funding Pips |  FundedNext | |
|---|---|---|---|
| YourFunding score | 9.0/10 | 9.2/10 | 9.0/10 |
| From | ≈ $499 | $399 | $549 |
| Profit split | 80 → 90% | Up to 100% | 80 → 95% |
| Payout frequency | After 14 days, then on demand | Weekly to monthly | Guaranteed within 24h |
| Max capital | $200K | $400K | $300K |
| Founded | 2015 | 2022 | 2022 |
| Platforms | MT4, MT5, cTrader | MT5, cTrader, Match-Trader | MT4, MT5, cTrader, Match-Trader |
| Payouts | 9.4 | 9.3 | 9.6 |
| Rules | 9.0 | 8.8 | 9.0 |
| Price | 7.4 | 9.6 | 8.2 |
| Support | 9.5 | 9.0 | 9.0 |
| Reputation | 9.8 | 9.1 | 9.1 |
Score breakdown
FAQ FTMO
Is FTMO legitimate?
Yes. Founded in 2015, with more than $650M in rewards paid and a 4.8/5 Trustpilot rating, it is the most recognised prop firm.
1-Step or 2-Step at FTMO?
The 2-Step is more forgiving (static drawdown, 5% daily). The 1-Step is faster but imposes a 3% daily loss and the best-day rule.
Can you trade news at FTMO?
Yes with the Swing account. On the standard account, restrictions apply around major releases once funded.
