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FTMO Review 2026

9/10

FTMO is one of the most established proprietary trading firms, founded in 2015 and reporting more than $500 million paid in rewards. Traders can choose between 1-Step and 2-Step evaluations, with funded accounts up to $200,000 and profit splits reaching 90%.

Profit Split
80%
Max Account
$200,000
Founded
2015
Payouts
On demand after 14 days
Min Payout
$20 bank / $50 crypto
HQ
Prague, Czech Republic
Open Account at FTMO
Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team

Is FTMO a good prop trading firm?

FTMO is rated 9/10. It offers a 80% profit split with accounts up to $200,000. FTMO is one of the most established proprietary trading firms, founded in 2015 and reporting more than $500 million paid in rewards. Traders can choose between 1-Step and 2-Step evaluations, with funded accounts up to $200,000 and profit splits reaching 90%.

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Pros and Cons of FTMO

Pros

  • One of the most established prop firms (since 2015)
  • Paid out over $500 million in rewards
  • Now offering both 1-Step and 2-Step evaluations
  • Up to 90% profit split with scaling
  • Wide range of tradeable instruments
  • Multiple platform choices (MT4, MT5, cTrader, DXtrade)
  • Challenge fee refunded upon first payout
  • Free trial available before committing
  • Comprehensive trading academy and tools

Cons

  • 2-step evaluation process takes longer
  • Strict daily drawdown rules (5%)
  • No news trading on some accounts
  • Higher challenge fees compared to newer firms

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Account Types & Challenge Costs

Account SizeFeeProfit TargetMax DrawdownDaily Drawdown
$10,000€79 (1-Step) / €89 (2-Step)10% / 10% + 5%10% trailing / 10% static3% / 5%
$25,000€199 (1-Step) / €250 (2-Step)10% / 10% + 5%10% trailing / 10% static3% / 5%
$50,000€319 (1-Step) / €345 (2-Step)10% / 10% + 5%10% trailing / 10% static3% / 5%
$100,000€499 (1-Step) / €540 (2-Step)10% / 10% + 5%10% trailing / 10% static3% / 5%
$200,000€999 (1-Step) / €1,080 (2-Step)10% / 10% + 5%10% trailing / 10% static3% / 5%

Challenge Types

1-Step Challenge2-Step Challenge

Key Features

1-Step and 2-Step evaluation paths
Free trial available
Trading academy with educational content
Performance coach tool
Scaling plan up to $2M
Challenge fee refunded on first profit split

Trading Platforms

MT4MT5cTraderDXtrade

Available Instruments

ForexIndicesCommoditiesCryptoStocks

Payout Information

Payout Frequency
On demand after 14 days
Minimum Payout
$20 bank / $50 crypto
Profit Split
80%

Frequently Asked Questions About FTMO

Yes, FTMO is one of the most reputable prop firms in the world, founded in 2015 in Prague, Czech Republic. They have paid out over $160 million and have excellent reviews on Trustpilot.

FTMO now offers both a 1-Step Challenge and a 2-Step Challenge. The 1-Step model uses a 10% profit target with 3% daily loss and a 10% end-of-day trailing loss limit, while the 2-Step model uses 10% and 5% profit targets with 5% daily loss and 10% maximum loss.

As of April 13, 2026, FTMO fees range from €79 for a $10K 1-Step account and €89 for a $10K 2-Step account up to €999 and €1,080 respectively for $200K accounts.

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