Head-to-head
FTMO vs NairaTrader
FTMO vs NairaTrader covers the two firms side by side on the facts recorded in their profiles.
Profit splits, evaluation fees, payout cadence, supported assets, and trading rules for FTMO and NairaTrader. Data pulled live from our firm listings.
Quick verdict
FTMO is best for
traders who want to skip the evaluation; news traders; swing traders holding overnight.
Full FTMO profile →Quick verdict
NairaTrader is best for
traders who prefer Evaluation and a Nigeria-based firm.
Full NairaTrader profile →Cost to first payout
Cost to first payout
What it actually costs to reach payout — a normalized estimate built from each firm's lowest published evaluation cost, monthly fees, and first-payout window. Estimates, not guarantees. Each card shows the assumptions used.
FTMO
estimateApprox. total
—
to reach first payout eligibility
Approx. time
7days
from sign-up to first eligible request
- Start cost
- —
- Monthly fee
- None
How we estimated this
- Instant funding offered but cost not published — figure unverified.
- Source — eval fee: 2-Step €89–€1,080; 1-Step €79–€999; Instant Account €169–€2,999 (all one-time); monthly: 2-Step and 1-Step Challenges: no monthly fee (one-time). FTMO Futures: monthly subscription, Growth $119–$229/mo, Pro $139–$269/mo (USD); first payout: First payout possible after 14 days; reduce to weekly on request.
NairaTrader
Not enough structured fee data published to estimate a cost-to-first-payout figure for this firm.
Trade-offs
Where each firm is weaker
No firm wins on every axis. These are the most meaningful drawbacks of each option — derived from the same structured fields shown in the table, never invented.
FTMO trade-offs
No structural disadvantages versus the other firm based on the fields we track.
NairaTrader trade-offs
Slower to funded
Requires passing an evaluation before payouts. FTMO offers instant funding as an alternative path.
Decision guide
Best for your trader type
| Attribute | FTMO Evaluation · est. 2015 | NairaTrader Evaluation · est. 2023 |
|---|---|---|
| Retail accessibility | Open to retail traders via evaluation | Open to retail traders via evaluation |
| Cost | ||
| Evaluation fee | 2-Step €89–€1,080; 1-Step €79–€999; Instant Account €169–€2,999 (all one-time) | — |
| Monthly fee | 2-Step and 1-Step Challenges: no monthly fee (one-time). FTMO Futures: monthly subscription, Growth $119–$229/mo, Pro $139–$269/mo (USD) | — |
| Evaluation required | Yes | Yes |
| Instant funding | Yes | — |
| Capital | ||
| Profit split | 90% | Up to 70% |
| Max allocation | $200,000 | ₦1.5M / ₦3M / ₦6M challenges |
| Account sizes | $5K (Instant only), $10K, $25K, $50K, $100K, $200K (USD/EUR/GBP/CZK and more) | ₦1.5M / ₦3M / ₦6M challenges |
| Scaling | Scaling Plan: +25% balance every 4 months at 10%+ profit over 2 of 4 months. | — |
| Payouts | ||
| Frequency | On-demand (default 14 days, weekly available) | — |
| First payout | First payout possible after 14 days; reduce to weekly on request | — |
| Assets | ||
| Futures | Yes | — |
| Stocks | Yes | — |
| Options | No | — |
| Forex | Yes | Yes |
| Crypto | Yes | — |
| Trading rules | ||
| News trading | Yes | — |
| Overnight holding | Yes | — |
| Weekend holding | Yes | — |
| Copy trading | Yes | — |
| Technology | ||
| Platforms | cTrader, DXtrade, MetaTrader 4, MetaTrader 5 | MetaTrader 5 (Exness demo) |
| Data feed | Purple Trading / Spotware | — |
| Company | ||
| Headquarters | Prague, Czech Republic | Nigeria |
About FTMO
Online evaluation program funding remote retail traders. Funds traders across forex, indices, commodities, and crypto.
Full FTMO profile →About NairaTrader
Naira-denominated prop challenges for Nigerian traders: pay a fee in naira, pass an evaluation on a demo account, then trade a funded account for a profit share.
Full NairaTrader profile →Trust & stability
Reputation and rule‑change activity
Two added decision signals: a weighted reputation score from independent review sources, and a 90-day view of structural rule‑change activity where monitored sources are available.
Reputation
Not enough independent rating sources to compute a canonical score yet.
Rule Stability
last 90d- Last change
- —
- Type
- —
- Sources monitored
- —
- Status
- No changes detected in monitored sources
Weekly diff of the firm's published rule pages (terms, rules, FAQ, legal). "No changes detected" only means none of the monitored monitored sources changed — other surfaces (Discord, email, dashboards) are not covered. "Limited" or "unavailable" means our monitor cannot reach enough sources to make an honest call.
Reputation
Not enough independent rating sources to compute a canonical score yet.
Rule Stability
last 90d- Last change
- —
- Type
- —
- Sources monitored
- —
- Status
- No changes detected in monitored sources
Weekly diff of the firm's published rule pages (terms, rules, FAQ, legal). "No changes detected" only means none of the monitored monitored sources changed — other surfaces (Discord, email, dashboards) are not covered. "Limited" or "unavailable" means our monitor cannot reach enough sources to make an honest call.
Frequently asked
Common questions
- Which has a higher profit split — FTMO or NairaTrader?
- FTMO pays 90% of trader profits once funded.
- Is FTMO cheaper to start than NairaTrader?
- FTMO: offers instant funding (no evaluation). NairaTrader: evaluation pricing varies.
- Which pays out faster — FTMO or NairaTrader?
- FTMO payouts: On‑demand (default 14 days, weekly available). NairaTrader payouts: not published. First‑payout eligibility: FTMO — First payout possible after 14 days; reduce to weekly on request; NairaTrader — n/a.
- What's the maximum allocation at FTMO vs NairaTrader?
- FTMO scales up to $200,000. NairaTrader scales up to ₦1.5M / ₦3M / ₦6M challenges.
- Can I trade news at FTMO or NairaTrader?
- FTMO: permits news trading. NairaTrader: policy unconfirmed.
- Can I hold positions overnight at FTMO or NairaTrader?
- FTMO: allows overnight holds. NairaTrader: policy unconfirmed.
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