Head-to-head
FTMO vs Scotiabank (Global Banking & Markets)
A direct, side-by-side comparison of FTMO and Scotiabank (Global Banking & Markets) — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.
Quick verdict
Scotiabank (Global Banking & Markets) is best for
traders avoiding evaluation hurdles.
Full Scotiabank (Global Banking & Markets) profile →Cost & compensation
Cost and compensation path
Published fees and payout timing apply to trader-paid funding programs. Firm-capital and institutional paths are shown separately because their economics usually depend on hiring, allocation, salary, bonus, or profit-sharing terms.
FTMO
estimateApprox. total
—
to reach first payout eligibility
Approx. time
17days
from sign-up to first eligible request
- Start cost
- —
- Monthly fee
- None
How we estimated this
- Adds ~10 calendar days for evaluation completion (most firms require ≥5 minimum trading days).
- Source — eval fee: €89–€1,080 one-time (refundable on pass); monthly: No monthly fee — one-time challenge cost; first payout: First payout possible after 14 days; reduce to weekly on request.
Scotiabank (Global Banking & Markets)
Bank / InstitutionalNot applicable for this model
This is a firm-capital or hiring-based trading path, not a trader-paid funding program. Compensation is typically handled through salary, bonus, draw, allocation, or profit-sharing arrangements rather than a published evaluation fee and payout schedule.
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.
Scotiabank (Global Banking & Markets) trade-offs
No copy trading
Forbids copy / algo bridges. FTMO permits them.
Decision guide
Best for your trader type
- Highest profit share
90% vs —%
- Fastest to funded
Scotiabank (Global Banking & Markets)
No mandatory evaluation.
- Biggest scaling ceiling
Up to $200,000.
- Copy & algo traders
Copy trading is permitted.
- Fastest payouts
On-demand (default 14 days, weekly available) payouts.
| Attribute | FTMO Evaluation Based · est. 2015 | Scotiabank (Global Banking & Markets) Bank / Institutional · est. 1832 |
|---|---|---|
| Cost | ||
| Evaluation fee | €89–€1,080 one-time (refundable on pass) | — |
| Monthly fee | No monthly fee — one-time challenge cost | — |
| Evaluation required | Yes | No |
| Instant funding | No | No |
| Capital | ||
| Profit split | 90% | N/A (employee desk) |
| Max allocation | $200,000 | Bank balance sheet |
| Account sizes | $10K, $25K, $50K, $100K, $200K (USD/EUR/GBP/CZK) | Bank balance sheet |
| 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) | Salary + bonus |
| First payout | First payout possible after 14 days; reduce to weekly on request | Salary + bonus |
| Assets | ||
| Futures | Yes | Yes |
| Stocks | Yes | Yes |
| Options | No | Yes |
| Forex | Yes | Yes |
| Crypto | Yes | No |
| Trading rules | ||
| News trading | Yes | Yes |
| Overnight holding | Yes | Yes |
| Weekend holding | Yes | Yes |
| Copy trading | Yes | No |
| Technology | ||
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, DXtrade | Proprietary, Bloomberg |
| Data feed | Purple Trading / Spotware | — |
| Company | ||
| Headquarters | Prague, Czech Republic | Toronto, ON |
About Scotiabank (Global Banking & Markets)
Global markets division of Scotiabank running client trading and franchise risk across global fixed income, equities and FX.
Full Scotiabank (Global Banking & Markets) 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
canonical- Sources used
- 1
- Confidence
- medium
Weighted blend of independent trader-review sources. See methodology.
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 90dWe do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.
Frequently asked
Common questions
- Which has a higher profit split — FTMO or Scotiabank (Global Banking & Markets)?
- FTMO pays 90% of trader profits once funded.
- Is FTMO cheaper to start than Scotiabank (Global Banking & Markets)?
- FTMO: evaluation from €89–€1,080 one-time (refundable on pass). Scotiabank (Global Banking & Markets): evaluation pricing varies.
- Which pays out faster — FTMO or Scotiabank (Global Banking & Markets)?
- FTMO payouts: On-demand (default 14 days, weekly available). Scotiabank (Global Banking & Markets) payouts: Salary + bonus. First-payout eligibility: FTMO — First payout possible after 14 days; reduce to weekly on request; Scotiabank (Global Banking & Markets) — Salary + bonus.
- What's the maximum allocation at FTMO vs Scotiabank (Global Banking & Markets)?
- FTMO scales up to $200,000. Scotiabank (Global Banking & Markets) scales up to Bank balance sheet.
- Can I trade news at FTMO or Scotiabank (Global Banking & Markets)?
- FTMO: permits news trading. Scotiabank (Global Banking & Markets): permits news trading.
- Can I hold positions overnight at FTMO or Scotiabank (Global Banking & Markets)?
- FTMO: allows overnight holds. Scotiabank (Global Banking & Markets): allows overnight holds.
Still deciding?
Get a personalized firm match
A short quiz about your trading style, account size, and goals — we'll rank FTMO, Scotiabank (Global Banking & Markets), and every other firm in our database by fit.
Find my firm match →