FTMO Overview
FTMO, founded in 2015 in the Czech Republic, is one of the most established and trusted prop trading firms globally. With over 3.5 million customers and $500M+ in payouts, FTMO sets the industry standard for evaluation-based prop trading.
Trading Programs
FTMO offers two primary evaluation paths: the Standard 2-Step Challenge and the newer 1-Step Challenge (launched February 2026). Account sizes range from $10,000 to $200,000.
Key Rules
- Profit Target: 10% (Phase 1), 5% (Phase 2)
- Max Daily Loss: 5%
- Max Overall Loss: 10%
- Profit Split: Up to 90%
- News Trading: Allowed in Evaluation, restricted in Funded (Standard)
Why FTMO?
FTMO’s acquisition of OANDA in 2025 signals a move toward fully regulated infrastructure, making it one of the safest choices for serious traders.
What we love
- Industry's easiest drawdown rules
- High legacy trust (Millions paid)
- Trade multiple accounts simultaneously
Considerations
- Trailing drawdown is always active
- Dashboard can feel a bit technical
The Verdict
"If you're looking for the absolute best balance between speed, capital, and cost, the FTMO €101 OFF deal is an unbeatable entry point."