Independent firm profile
FTMO
Online evaluation program funding remote retail traders.
- Headquarters
- Prague, Czech Republic
- Founded
- 2015
- Funding model
- Evaluation-Based Funding
- Region served
- Europe
Community rating
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Overview
What this firm is and who it serves
FTMO is the most recognized retail prop firm globally, headquartered in Prague. It pioneered the modern two-step challenge model and funds traders across forex, indices, commodities, and crypto. FTMO is known for strict but transparent rules, a robust trader dashboard, and reliable payouts.
"Find and grow trading talent worldwide through a transparent two-step evaluation."
At a glance
Structured facts about this firm
- Firm Type
- Evaluation-Based Funding prop firm
- Market Focus
- Futures, Stocks, Forex, Crypto
- Trading Style
- Evaluation-Based Funding, evaluation-based funding, copy trading permitted
- Institutional Level
- Retail-accessible proprietary firm
- Retail Accessibility
- Open to retail traders via evaluation
- Geography
- Prague, Czech Republic · Europe
- Known For
- Two-step Challenge + Verification
- CEO
- Otakar Suffner
- Team size
- 250+
Funding programs
Account types and the path to capital
Evaluation
AvailablePass a challenge before receiving a funded account.
Instant funding
—Not offered by this firm.
Scaling plan
AvailableScaling Plan: +25% balance every 4 months at 10%+ profit over 2 of 4 months.
Challenge fees from €89 ($10K) to €1,080 ($200K); refunded with first payout.
Trading rules
What's allowed, what isn't
Asset classes supported
Scaling rules
Scaling Plan: +25% balance every 4 months at 10%+ profit over 2 of 4 months.
Related terms: trailing drawdown · consistency rule · profit split
Platforms & technology
Where and how you trade
Supported platforms
Payout structure
How and when you get paid
Pros & cons
A balanced view based on documented terms
Strengths
- +Industry benchmark for trust
- +Solid tooling
- +Reliable payouts
Trade-offs
- −Two-phase model can be slow
- −Strict consistency expectations
Frequently asked questions
Common questions about FTMO
Is FTMO a legitimate prop firm?+
FTMO was founded in 2015 and is headquartered in Prague, Czech Republic. Online evaluation program funding remote retail traders.
Does FTMO require an evaluation?+
Yes. FTMO requires traders to complete an evaluation phase before being granted a funded account.
What is the profit split at FTMO?+
FTMO pays traders 90% of net profits, keeping the remainder as the firm's share.
What is the maximum account size at FTMO?+
Traders can scale up to a maximum allocation of $200,000 with FTMO, subject to the firm's scaling and consistency rules.
How often does FTMO pay out?+
FTMO processes payouts on a on-demand (default 14 days, weekly available) basis, with first payout eligibility: First payout possible after 14 days; reduce to weekly on request.
What platforms does FTMO support?+
FTMO supports the following trading platforms: MetaTrader 4, MetaTrader 5, cTrader, DXtrade.
What trading restrictions does FTMO enforce?+
At FTMO, news trading is allowed, overnight holding is allowed, weekend holding is allowed. Always confirm current rules directly with the firm before trading.