FTMO Review 2026

FTMO operates as a proprietary trading firm that provides funded trading capital to qualified traders. The firm offers 2 evaluation models: 1-Step Challenge, 2-Step Challenge, requiring traders to demonstrate consistent profitability while adhering to strict risk management rules before receiving access to funded capital.

To get started, traders select an account size (ranging from $10,000 to $200,000) and pay a one-time evaluation fee. Once funded, traders keep Up to 90% of the profits they generate — one of the highest splits in the industry. Payouts are processed on demand after 14 days, with a minimum withdrawal of $20 bank / $50 crypto.

The firm supports trading on MT4, MT5, cTrader, DXtrade, giving traders flexibility to use their preferred platform. Available instruments include Forex, Indices, Commodities, Crypto, Stocks, providing access to a diverse range of global markets.

FTMO's evaluation process is designed to identify traders who can generate consistent profits while managing risk effectively. The multi-step evaluation consists of two distinct phases, each with specific profit targets and risk parameters that must be met before advancing to a funded account.

Phase 1 (Challenge): Traders must reach the initial profit target while staying within the maximum drawdown and daily drawdown limits. There are typically minimum trading day requirements that must be met before the phase can be completed.

Phase 2 (Verification): After passing Phase 1, traders enter a verification stage with a lower profit target (typically half of Phase 1). This stage confirms that the trader's performance was not a one-time result and validates their trading consistency.

Alternatively, the 1-Step evaluation streamlines the process into a single phase. Traders need to hit one profit target while respecting the drawdown limits, offering a faster path to funding for experienced traders who want to get funded quickly.

Upon passing the evaluation, FTMO provides a funded account with the firm's capital. Traders must continue following the same risk management rules during live trading to maintain their funded status.

FTMO provides competitive trading conditions across all account sizes. The entry-level $10,000 account starts from €89, with profit targets of 10% / 10% + 5% and a maximum drawdown of 10% trailing / 10% static. Daily drawdown is capped at 3% / 5%.

Drawdown Rules: FTMO enforces a trailing drawdown model, meaning the maximum drawdown adjusts as your account balance grows. This encourages traders to lock in profits and manage risk proactively, as the trailing limit moves with your equity high-water mark.

Leverage: Leverage varies by instrument and account type. Forex pairs typically offer up to 1:100, while indices and commodities may have lower leverage. Traders should check the specific leverage terms for their chosen account and instrument.

Commissions & Spreads: FTMO uses institutional-grade pricing with competitive spreads. Commission structures depend on the platform and account type selected. cTrader accounts typically feature tighter spreads with commission per lot, while MT5 accounts may have slightly wider spreads with lower or no commissions.

FTMO offers a scaling program that allows successful traders to grow their account size and profit split over time. Starting with a base profit split of Up to 90%, traders can increase their allocation by demonstrating consistent profitability across multiple payout cycles.

With a base split already at Up to 90%, FTMO offers one of the most generous payouts in the prop trading industry. The scaling plan focuses on increasing account size, allowing funded traders to manage progressively larger capital as they prove their trading consistency.

FTMO processes payouts on demand after 14 days. Once a trader meets the minimum withdrawal threshold of $20 bank / $50 crypto, they can request a profit withdrawal through their dashboard.

Payout Methods: Available withdrawal methods typically include bank wire transfer and cryptocurrency (Bitcoin/USDT). Processing times vary by method — crypto payouts are generally faster (1–3 business days), while bank transfers may take 3–7 business days depending on the trader's location and banking infrastructure.

Profit Split: FTMO offers a Up to 90% profit split on all funded accounts. This means for every $1,000 in profit generated, the trader keeps $NaN and the firm retains the remainder. Challenge fees are typically refunded with the first profit withdrawal, effectively making the evaluation free for successful traders.

FTMO provides customer support through email, live chat. Support hours are Mon-Fri, 24/5. The firm maintains a comprehensive knowledge base and FAQ section that covers common questions about account rules, payouts, and platform setup.

For traders encountering technical issues, FTMO provides dedicated support channels with response times typically under 24 hours on business days.

Trustpilot Rating: FTMO currently holds a 4.8/5 (6,000+ reviews) rating on Trustpilot, reflecting strong trader satisfaction and a reputation for reliable service.