FTMO is a Czech prop trading firm offering 1-step and 2-step evaluations with profit splits up to 90% and payouts every 14 days.
Operated by FTMO Evaluation Global s.r.o.
Written by the Proptary Team · Updated 30 Sept 2026
Researched with AI assistance and verified by our editors
FTMO is a Czech prop trading evaluation firm offering traders simulated capital through 1-step and 2-step challenge models.
FTMO was founded in 2015 in Prague, Czech Republic, and runs its challenges and funded accounts through FTMO Evaluation Global s.r.o. The Czech company register shows that this entity was incorporated in June 2020, so the company you sign with is younger than the brand. The 2015 date describes the business, and the 2020 date describes the contracting company.
Review summary
5 strengths
4 to plan around
Cost of entry
| Account Size | Evaluation Fee |
|---|---|
| $10,000 | €155 |
| $25,000 | €250 |
| $50,000 | €345 |
| $100,000 | €540 |
| $200,000 | €1,080 |
FTMO charges €155 for its smallest evaluation, the $10,000 account. The fee is paid once rather than monthly, so there is no running cost while you work through both steps, and FTMO refunds it with your first profit payout. The catch is that the refund is tied to that payout: a trader who fails the challenge, or never reaches a funded payout, does not get the fee back. Larger accounts cost more but keep the same drawdown rules, and prices are listed in euros, so the amount you pay in another currency moves with the exchange rate.
Rule clarity
FTMO's 2-step challenge asks for a 10% profit target in Step 1 and 5% in Step 2. On the $10,000 account the daily limit works out to $500, so a single session that loses that much ends the challenge, even if the account is still up overall. The overall floor is fixed to the starting balance rather than trailing your equity, which means early profits widen your room instead of raising the floor behind you. FTMO also sells a 1-step challenge with a tighter 3% daily loss, so check which model you are buying before you size your trades.
The limit is fixed against the account starting balance and does not move as the account grows or shrinks. It is the most forgiving type: once you are in profit, the same dollar buffer stays in place rather than trailing up behind your equity.
FTMO does not list rule changes for the funded stage, so plan on the same daily and overall limits you traded under in the challenge. What does change is the money: your first reward can be requested 14 days after your first funded trade, once identity verification is done, and every 14 days after that.
Payout reliability
FTMO pays 80% of profits by default, and the split rises to 90% once you reach its scaling milestones. On a $10,000 account, a $1,000 profit becomes an $800 payout. The first request opens 14 days after your first trade on the funded account, so your first money arrives at least two weeks after you start trading it, not on the day you pass. Before that first withdrawal you must complete identity verification and add banking details. FTMO does not state a withdrawal fee. The payout speed shown here comes from trader reports rather than a promise from the firm, so treat it as typical, not guaranteed.
Customer support
FTMO offers live chat, email and phone support around the clock, so you can reach someone outside your own trading hours. Traders on Trustpilot report replies within a day as of September 2026. That figure comes from reviews rather than a published service level, so do not count on an instant answer when an account decision is at stake.
Decision
FTMO suits traders who want fixed, published rules and are willing to pay a one-time fee upfront for them. The static drawdown is its strongest point: gains made early give you more room rather than a higher floor. The weak points are the fee, which you only get back after a funded payout, and access, since residents of more than 60 countries cannot sign up. The rule most likely to end a challenge here is the 5% daily loss, which a single bad session can breach. If you can keep a day's loss well inside that limit, FTMO's structure works in your favor.
FTMO is right for you if you trade forex, indices or metals on MetaTrader, cTrader or DXtrade and prefer a loss floor that stays put. It is not a fit if you rely on high-frequency or tick-scalping strategies, which FTMO bans, or if you live in one of the countries it does not accept.
Swing and day traders who can keep a single day's loss under 5% and do not need their first payout the moment an account is funded. Traders who plan to copy another trader's signals should read the rules first, because FTMO only describes copy trading between accounts you own.
Questions
FTMO is a prop trading firm based in Prague that sells 1-step and 2-step evaluations on simulated accounts. Traders who pass get a funded account and a share of the profits they make.
FTMO is a registered company, FTMO Evaluation Global s.r.o., listed in the Czech ARES business register, and the brand has operated since 2015. It does not name a financial regulator. It holds a Trustpilot rating of 4.8 from 51,884 reviews as of September 2026 and publishes its payout schedule and methods.
No. FTMO does not apply a consistency rule to its standard 2-step challenge, so a single strong day can count toward the profit target. The loss limits still apply every day, which means sizing up to hit the target quickly also raises the risk of a daily breach.
Yes, between accounts you own. FTMO allows copy trading across your own FTMO accounts and your own personal external accounts. It does not describe copying another trader's signals as allowed, so check its forbidden trading practices before you connect a signal service.
Before you pay
Many prop firms operate without a financial services license. They argue that traders use simulated accounts and the firm risks its own capital, so no client money is held and no license is required. That arrangement is common in this industry, but it also means no regulator supervises the firm and there is no compensation scheme if it stops paying. What matters instead is whether the company behind the brand is named and traceable, and whether it has a payout record you can check.
This page is for information only and is not investment or trading advice. Trading through a funded or proprietary trading program carries real risk, including the loss of evaluation fees and any funded account. Rules, pricing, and payout terms vary by firm and can change without notice. A Proptary Grade reflects our most recent check and may not capture very recent changes, so confirm current terms directly with the firm before buying an evaluation.
Before you pay
Many prop firms operate without a financial services license. They argue that traders use simulated accounts and the firm risks its own capital, so no client money is held and no license is required. That arrangement is common in this industry, but it also means no regulator supervises the firm and there is no compensation scheme if it stops paying. Proptary is not a financial institution, not an investment adviser, and is not supervised by any financial regulator.
Nothing here is advice. Our grades, scores and write-ups are information only. They are not investment or trading advice, not a recommendation to buy an evaluation, and not tailored to your circumstances. Read the firm’s own terms and decide for yourself.
A grade is not a guarantee. A Proptary Grade summarises the evidence we were able to verify on the date shown. It is not a measure of the firm’s financial strength, not a promise that it will pay you, and not an assurance that it will still be operating next month. Payout records, review scores and support times we cite are historical evidence, never a forecast.
The fee is at risk from the moment you pay it. An evaluation buys an attempt, not an account. Most traders do not pass. Breaching a drawdown or consistency rule can cost you the entire fee and any funded account, with no refund.
Prices and rules change without notice. Firms change fees, rules and payout terms, sometimes days after we check. Confirm the current terms on the firm’s own site before you pay for anything. Proptary is not liable for losses arising from reliance on information published here.
Links to firms leave Proptary. We do not open, hold or operate trading accounts. Payment, identity checks, data handling and payouts are between you and the firm, under that firm’s own terms and privacy policy.
How this page is researched. Data is gathered with AI assistance and verified by our editors against the firm’s own documents before publishing.