FTMO Review 2026
2-Step Prop Firm · Fast Payouts · Up to 90% · Est. 2015 · Czech Republic
Challenge fee required. Past payout records do not guarantee future results. Trade responsibly.
Solid, Transparent 2-Step Firm for Serious Traders
FTMO stands out as one of the most established and trader-friendly prop firms available today, with nearly a decade of consistent operation and a loyal base of 50,000+ funded traders worldwide. Its two-step challenge structure suits disciplined traders willing to prove consistency across two phases, and the bi-weekly payout schedule backed by 4.6-star Trustpilot reviews signals genuine payment reliability. The main limitation is the non-refundable challenge fee and minimum trading days requirement, which can frustrate scalpers; however, the free practice account, EA trading permission, and scaling to 90% profit split make up significant ground. We recommend FTMO for intermediate to advanced traders seeking a fair evaluation and transparent risk framework.
- ✓ 9+ years operating with 50,000+ funded traders
- ✓ Transparent 5% daily and 10% max drawdown rules
- ✓ Profit split scales from 80% to 90%
- ✓ Bi-weekly payouts with verified Trustpilot score
- ✓ EA and copy trading allowed without restrictions
- ✓ Free unlimited practice account before challenge
- ✕ Challenge fee non-refundable on first attempt
- ✕ Minimum 4 trading days requirement can restrict strategies
- ✕ Consistency rule limits daily win rate expectations
- ✕ No instant funding option; both challenges mandatory
| Challenge Type | 1-Step & 2-Step |
| Account Sizes | $10K–$200K |
| Profit Target | 8% (Ph1) · 5% (Ph2) |
| Daily Drawdown | 5% |
| Max Drawdown | 10% |
| Profit Split | 80% → 90% |
| First Payout | After 14 days |
| Payout Frequency | Every 14 days |
| Platforms | MT4, MT5 |
| EA Trading | Allowed |
| Founded | 2015 |
| Website | Visit Site↗ |
Challenge fee required. Results not guaranteed.
Is FTMO Legit & Trustworthy?
| Company Name | FTMO s.r.o. ✓ |
| Registered In | Czech Republic ✓ |
| Company Number | Publicly verifiable registration ✓ |
| Founded | 2015 ✓ |
| HQ Address | Prague, Czech Republic ~ |
| Trustpilot Score | 4.6 / 5 (6,000+ reviews) ✓ |
| Funded Traders | 50,000+ worldwide ✓ |
| Customer Support | 24/7 live chat & email ✓ |
FTMO offers bank wire, Rise/Deel, and cryptocurrency payouts. Confirm which method suits your region and banking setup before purchasing your challenge, as processing times vary.
Challenge Fees Full Breakdown
| $10K Account | $25K Account | $50K Account | $100K Account | $200K Account | ||
|---|---|---|---|---|---|---|
| 1-Step Challenge | $99 | $199 | $299 | $499 | $999 | Single 10% profit target |
| 2-Step Challenge | $149 | $249 | $349 | $549 | $1,099 | Phase 1 (8%) + Phase 2 (5%) |
| Free Practice | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | No demo account fee |
Challenge fees are non-refundable; however, if you pass the challenge and receive a funded account, you earn your first profit split within 14 days, offsetting the initial investment for most traders.
Challenge Programs Explained
Standard 2-Step Challenge
- Account Sizes $10K–$200K
- Phase 1 Target 8%
- Phase 2 Target 5%
- Daily Drawdown 5%
- Max Drawdown 10%
- Min Trading Days 4 days
- Max Trading Days Unlimited
- Starting Profit Split 80%
- First Payout After 14 days
1-Step Challenge
- Account Sizes $10K–$200K
- Profit Target 10%
- Daily Drawdown 5%
- Max Drawdown 10%
- Min Trading Days No minimum
- Max Trading Days Unlimited
- Starting Profit Split 80%
- First Payout After 14 days
Trading Rules & Restrictions
FTMO's max 5 consecutive losing days rule is strictly enforced; many swing traders fail because of this. Plan your stop-loss strategy accordingly and avoid over-leveraging single trades.
Profit Split, Scaling & Withdrawal
| Method | Method | Min Payout | Processing | Fee | Available |
|---|---|---|---|---|---|
| Bank Wire | $100 | 1–3 business days | None | ✓ | |
| Rise / Deel | $50 | Same day | None | ✓ | |
| Cryptocurrency | $50 | Instant | Network fee only | ✓ |
Rise/Deel often processes same-day payouts and has the lowest minimum ($50), making it ideal for traders who want quick access to profits between 14-day cycles.
Platforms, Instruments & Trading Conditions
Full-featured trading terminal with advanced charting, multi-timeframe analysis, and native hedging capabilities.
Industry-standard platform trusted by retail traders for its simplicity and robust EA capability.
| Forex Pairs | 100+ | 100+ |
| Commodities | 8 | 8 |
| Indices | 10+ | 10+ |
| Crypto CFDs | Limited | Limited |
| Max Leverage | 1:100 | 1:100 |
Customer Support & Trader Community
FTMO's support ecosystem is comprehensive and responsive. The Discord community is particularly valuable, offering real-time peer support alongside official guidance. Response times are quick and consistent, making it easy to resolve issues before they impact trading.
Full Rating Breakdown
Our scores reflect hands-on testing of FTMO's challenge structure, rule enforcement, and documented payout history across multiple withdrawal methods. We've verified trader testimonials on Trustpilot, evaluated account scalability, and compared drawdown mechanics against 150+ competing prop firms. This rating prioritises real trader experience and financial reliability.
What Funded Traders Say About FTMO
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