FTMO Review 2026
CFD / ForexEst. 2014Czechiadata verified Aug 9, 2026#2 of 16 CFD / Forex firms · Reviewed by Ayub Rana, CA
Verdict
Our verdict on FTMO
Draft: pending reviewUpdated
Squad score
Trustpilot: 4.8/5
What makes up that score
- Pricing & value
- 3.5
- Rules fairness
- 3.8
- Payout reliability
- 4.8
- Support
- 4.6
- Platforms
- 4.5
Scored by Ayub Rana against our published methodology.
FTMO is the longest-running retail prop firm in this database, operating from Prague since 2015 and holding a 4.8 Trustpilot score. Its Standard 1-step challenges run €79 (10K) to €999 (200K), with Swing 2-step variants for traders holding positions over news and weekends. FTMO acquired OANDA in 2025, unusual institutional backing for the space. Its rules are stricter than budget rivals but its payout track record is the industry reference point.
Get 10% off with code PFSQUAD →
- News trading restricted
- EAs allowed
- 50% consistency cap
- 4 minimum trading days
- Weekend holding on swing accounts only
Pros & Cons
FTMO pros & cons
The strengths and trade-offs our editors weigh when scoring this firm.
What traders like
- Longest track record in the industry — operating since 2015
- 4.8/5 Trustpilot score across a large review base
- Free repeatable trial, and the challenge fee is refunded on funded accounts
- Institutional backing after acquiring OANDA in 2025
What to watch
- Pricier than budget rivals — €999 for the 200K 1-step challenge
- Stricter rules, including news-trading restrictions on Standard accounts
- EUR-denominated pricing adds conversion cost for USD-based traders
Pricing
FTMO challenge pricing
Every account size and step count FTMO sells, with targets and drawdown limits in one table.
| Program | Account size | Price | Profit target(s) | Max daily loss | Max drawdown | Drawdown type | Split | Refundable |
|---|---|---|---|---|---|---|---|---|
| Swing 2-Step 10K | $10,000 | $99 | 10% / 5% | 5% | 10% | Static | 80% | No |
| Standard 1-Step 10KCheapest | $10,000 | $79 | 10% | 3% | 10% | Trailing (end of day) | 80% | No |
| Swing 2-Step 25K | $25,000 | $279 | 10% / 5% | 5% | 10% | Static | 80% | No |
| Standard 2-Step 25K | $25,000 | $250 | 10% / 5% | 5% | 10% | Static | 80% | No |
| Standard 1-Step 25K | $25,000 | $199 | 10% | 3% | 10% | Trailing (end of day) | 80% | No |
| Swing 2-Step 50K | $50,000 | $379 | 10% / 5% | 5% | 10% | Static | 80% | No |
| Standard 1-Step 50K | $50,000 | $319 | 10% | 3% | 10% | Trailing (end of day) | 80% | No |
| Swing 2-Step 100K | $100,000 | $599 | 10% / 5% | 5% | 10% | Static | 80% | No |
| Standard 1-Step 100K | $100,000 | $499 | 10% | 3% | 10% | Trailing (end of day) | 80% | No |
| Standard 1-Step 200K | $200,000 | $999 | 10% | 3% | 10% | Trailing (end of day) | 80% | No |
Rules
FTMO rules, explained
The rules that actually get traders breached: what they are and how this firm sets them.
| Rule | FTMO | Why it matters |
|---|---|---|
| Drawdown type | Hybrid | Trailing drawdown follows your equity peak and is the #1 cause of surprise breaches; static drawdown is fixed from starting balance and far more forgiving. |
| Consistency rule | 50% cap per day | Caps how much of your total profit can come from a single day. A strict cap can delay or void payouts for traders with a few big wins. |
| News trading | Restricted | Some firms void trades placed around high-impact news releases, which is critical if you trade NFP, CPI, or rate decisions. |
| Expert advisors (EAs) | Allowed | Determines whether automated strategies and copiers are permitted, and whether an EA can get your account flagged. |
| Minimum trading days | 4 days | The floor on how fast you can pass a phase, which matters if you trade infrequently or want to pass quickly. |
| Weekend / overnight holding | Swing accounts only | Swing traders need positions to survive the Friday close. Where holding is barred, open trades are closed for you and gaps cannot be traded. |
| Copy trading | Not allowed | Decides whether you can mirror one strategy across several accounts. Most firms that allow it restrict it to accounts you own yourself. |
| High-frequency trading | Not allowed | Firms police latency arbitrage and tick scalping hard, and an HFT breach is one of the most common reasons a passed account is voided. |
We track every rule change FTMO makes and log it here with dates and sources. No changes recorded yet.
Payouts
FTMO payout data
Advertised terms plus what we can verify from dated community payout proofs.
- Profit split
- 80%
- Payout frequency
- on demand after 14 days
- Avg. payout time (tracked)
- 2 days
- Payout methods
- Being verified
- First payout after
- 14 days
- Minimum payout
- $20
How the split scales
80% on the 2-step, rising to 90% through the Scaling Plan or Premium Programme. The 1-step pays 90% from the start.
We publish payout-speed distributions from dated community proofs rather than trusting advertised numbers. FTMO's tracker goes live once we have enough verified data points.
Trust & Company
Is FTMO legit? Trust & company facts
Who runs FTMO, how long they have operated, and what independent review platforms say. Check availability for your country below.
| Established | Dec 31, 2014 |
|---|---|
| Headquarters | Czechia |
| CEO | Otakar Suffner |
| Ways to pay | Credit / debit card, Apple Pay, Google Pay, PayPal, Crypto, Bank transfer, Other local methods |
| Registered entity | FTMO s.r.o.Czech Commercial Register, Municipal Court in Prague, file C 227963 03136752 |
| Trustpilot score | 4.8/5 |
| Squad score | 4.2/5 across 5 criteria |
| Max allocation | $200K |
| Status | Listed |
| Data last verified | Aug 9, 2026 |
Official websiteTrustpilot profile
Platforms & Conditions
Platforms, assets & trading conditions
The platforms FTMO supports, the markets you can trade, and the leverage and commissions that set the real cost of a strategy.
Platforms
Platform list being verified.
Assets
- Forex
- Indices
- Metals
- Crypto
- Stocks
- Commodities
Program types
- 1-step
- 2-step
Maximum leverage
| Asset | Max leverage |
|---|---|
| Forex | 1:100 |
| Indices | 1:50 |
| Metals | 1:30 |
| Crypto | 1:1 |
| Stocks | 1:1 |
| Commodities | 1:1 |
Leverage caps your position size, so it decides which strategies fit this firm at all. Some firms reduce it once you are funded.
Commissions
| Asset | Cost per trade |
|---|---|
| Forex | $5 per lot |
| Metals | 0.0014% of volume |
| Indices | None |
| Crypto | 0.065% of volume |
| Stocks | 0.004% of volume |
Commission is the recurring cost of trading here, charged on every lot whether the trade wins or loses. It matters most if you scalp or trade high volume.
FAQ
FTMO: frequently asked questions
Short, direct answers to what traders ask most before buying a challenge here.
Is FTMO legit?
FTMO has operated since 2014, holds a 4.8/5 Trustpilot rating. We track its rules, payouts and Trustpilot trend continuously and flag any firm that stops paying traders.
How much does a FTMO challenge cost?
Challenges start around $79 for the smallest account size. See the pricing table above for every size and step count.
What profit split does FTMO offer?
FTMO pays funded traders up to 80% of profits.
How fast does FTMO pay out?
FTMO pays on demand after 14 days, and community payout proofs we track average 2 days from request to receipt.
Does FTMO have a promo code?
Yes — code PFSQUAD gives 10% off. See the promo page for terms and expiry.
What is the maximum funding at FTMO?
FTMO advertises up to $200,000 in trading capital through account scaling.
Alternatives
Alternatives to FTMO
Top-rated firms traders compare against this one.
| Metric | FTMO | The5ers | Hola Prime |
|---|---|---|---|
| Squad score | 4.2/5 | 4.3/5 | 4/5 |
| Trustpilot | 4.8/5 | 4.7/5 | 4.5/5 |
| Max funding | $200K | $4M | $800K |
| Profit split | 80% | 80% | 80% |
| Cheapest challenge | €79 | $19 | $9 |
