According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- €155
- MT4
- MT5
- cTrader
- DXTrade
- FTMO is a proprietary trading company that is partnered with multiple institutional liquidity providers to offer the best trading conditions.
- Up to 1:100
Our Evaluation of FTMO
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
FTMO is one of the best proprietary trading firms in the financial market with the TU Overall Score of 9.67 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by FTMO clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the firm’s clients are fully satisfied with the company.
FTMO is a prop company for traders with trading experience, hard testing conditions, and attractive conditions for those who go into real trading. FTMO - Pros and Cons for Beginners.
Brief Look at FTMO
FTMO is a prop trading firm offering experienced traders the chance to manage a funded account of up to $200,000 with a wide range of instruments including Forex, stocks, indices, commodities, and cryptocurrencies. To qualify, traders must pass a two-step evaluation process.
Beginners may start with a Free Trial account which has the same trading conditions as the challenge ones. Long-term traders are free to use a Swing Account that has no restrictions on holding positions over the weekend or trading during macroeconomic releases. The company offers trading with the most popular platforms – MT 4/5, cTrader, and DXtrade. The leverage is up to 1:100.
Additionally, FTMO is recognized for its educational resources and continuous support.
- Quite low testing cost is €155.
- Classic platforms such as MT4, MT5, and Ctrader are familiar to many traders. For these platforms, hundreds of indicators, scripts, and advisers have been developed.
- The starting reward is 80%.
- Diversification of tariff plans. Candidates can choose a demo deposit from 10 thousand to 200 thousand US dollars. There are tariff plans that span from standard to aggressive trading.
- Leverage is up to 1:100.
- Strict requirements for the test period. The allowable maximum loss is 10% of the deposit amount. The target profit is 10%.
- There is no information about how the company is funded.
TU Expert Advice
Financial expert and analyst at Traders Union
FTMO is a managing prop firm operating on the principle of a prop company. To receive money under management, a potential trader must successfully complete a two-stage active trading test. At each stage, requirements are set for the maximum allowable daily loss, total loss, and target profit level. The prop firm’s conditions are relatively loyal, but still, they can be difficult to successfully navigate. Regardless of the chosen testing package, the limits are 10% of the total loss. For comparison: other prop companies have allowable drawdowns of 15-20%.
Despite the strict requirements for the test period, FTMO has a relatively low test cost beginning at €155. By comparison, in most companies in this sector, the entrance fee for passing the test is from €400-500. Another advantage is the availability of standard MT4/MT5 platforms and mobile app. Most other prop companies have their own or adapted platforms, while FTMO has standard platforms. This allows you to work with any custom indicators and advisors previously honed in the MetaTrader tester.
My impression of FTMO remains positive. But after studying the conditions, it is clear that without trading experience, it makes no sense to try your hand at the test. Testing conditions are favorable for those who have worked previously with a demo account and are good at risk management. However, you can also gain experience on the company’s platform itself. There is a free version of the test that fully corresponds to the paid test.
- Asset variety is important to you. You can work with an extensive range of financial instruments — currency pairs, stocks, stock indices, commodities, cryptocurrencies.
- You're not ready to be limited by the starting account balance. Regardless of the account type, an FTMO client gains the right to scale up by 25% every 4 months if they pass a straightforward qualification.
- You seek comfortable challenge conditions. The challenges allow only a 5% daily drawdown from the initial account balance on the day.
FTMO Summary
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | МТ4, МТ5, cTrader and DXtrade |
|---|---|
| 📊 Accounts: | Demo, main account, Swing account |
| 💰 Account currency: | USD, EUR, GBP, CZK, CAD, AUD, CHF |
| 💵 Deposit / Withdrawal: | Credit cards, bank transfers, Skrill, Confirmo, Nuvei, and other fee payment methods |
| 🚀 Minimum deposit: | From €155 |
| ⚖️ Leverage: | Up to 1:100 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | No data |
| 🔧 Instruments: | Currency pairs, stocks, stock indices, commodities, cryptocurrencies |
| 💹 Margin Call / Stop Out: | No data |
| 🏛 Liquidity provider: | No data |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Instant execution |
| ⭐ Trading features: | FTMO is a proprietary trading company that is partnered with multiple institutional liquidity providers to offer the best trading conditions. |
| 🎁 Contests and bonuses: | No |
FTMO offers a classic set of trading instruments: from currency pairs and stock assets to cryptocurrencies. Trading platforms are MetaTrader4, MetaTrader5, cTrader and DXtrade. Trading conditions during testing and on a real account are the same.
FTMO Key Parameters Evaluation
Video Review of FTMO
Share your experience
- Best
- Last
- Oldest
IRENE BARASA 
Verified
KE Nairobi Best trading of all
nothing
Ayobami Adebayo
Verified
NG Lagos FTMO seemed like a good option with their tiered account sizes.
The challenge itself is strict.
Headshot
Verified
PK Islamabad Straight Foward
Minor Verification Issue
David
Verified
NG Lagos Great
No
Salome
Verified
GE Tbilisi Good conditions for earning
Confusing process of profit distribution
Gibsone 
Verified
TH Bangkok Solid firm
Minor communication issues
Inderjeet 
Verified
IN Ludhiana Good support service and trading conditions
Spreads could be better for some pairs
Challenge rules and pricing
FTMO provides access to funding up to $2 000 000, with challenges requiring at minimum of 4 trading days. The entry-level plan starts at $89, and the fee is refundable if the challenge is successfully completed.
- High funding potential — up to $2 000 000
- Free demo account available
- Above-average entry cost — from $89
- No free evaluation option
FTMO Challenge fees and plans
We compared FTMO’s challenge plans by key parameters including pricing, profit targets, loss limits, and managed capital.
Available Trading Plans
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What’s the minimum trading period for FTMO’s challenge?
A minimum of 4 trading days is required, regardless of how quickly you reach the profit target.
Does FTMO offer a free evaluation?
No, FTMO does not offer a free evaluation option. If you’re looking for firms that do provide this feature, you may consider exploring other companies that support free challenge models, such as: Funded Trading Plus, Emerge Profit, City Traders Imperium.
Is instant funding available at FTMO?
No, FTMO does not offer instant funding. If this option is important to you, consider exploring other firms that provide instant funding models, such as: Hola Prime, Instant Funding, GoatFundedTrader.
Trading rules
FTMO outlines the main rules for funded accounts, including a max. loss of 10% and a daily loss limit of 5%. The firm also restricts certain trading strategies, which are detailed below.
- News trading allowed
- Trading bots (EAs) allowed
- No weekend close rule
- Copy trading not allowed
FTMO trading conditions
We compared FTMO’s leverage and trading conditions with competitors to help you better understand how it measures up.
| FTMO | Hola Prime | SabioTrade | |
| Max. loss, % | 10 | 5 | 6 |
| Max. leverage | 1:100 | 1:100 | 1:30 |
| Weekend close rule | No | No | No |
| Mandatory Stop Loss | No | No | No |
| Trading bots (EAs) | Yes | Yes | Yes |
| News trading | Yes | Yes | Yes |
| Scalping | Yes | No | Yes |
| Copy trading | No | No | No |
Deposit and withdrawal
FTMO earned a High score based on how smoothly and conveniently traders can deposit and withdraw funds.
FTMO stands out by offering a wide variety of payment options, ensuring a smooth and efficient fund management experience for traders.
- Bank сard deposits and withdrawals
- Bitcoin (BTC) supported
- USDT (Tether) supported
- On-demand withdrawals
- Wise not supported
- PayPal not supported
- Payoneer not supported
Deposit and withdrawal options
To help you evaluate how FTMO performs, we compared its deposit and withdrawal methods with those of two competing proprietary trading firms.
FTMO Payment options vs Competitors
| FTMO | Hola Prime | SabioTrade | |
| Bank Card | Yes | Yes | Yes |
| Bank Wire | Yes | No | No |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | No |
| Wise | No | No | No |
| Payoneer | No | No | No |
| Skrill | Yes | No | No |
| Neteller | No | No | No |
Profit withdrawal frequency
We compared FTMO with other prop firms based on how frequently traders can withdraw their profits: on demand, weekly, or monthly. Firms that allow more frequent payouts offer greater flexibility and quicker access to earnings.
| FTMO | Hola Prime | SabioTrade | |
| On demand | Yes | No | Yes |
| Weekly | No | Yes | No |
| Biweekly | No | Yes | No |
| Monthly | No | Yes | No |
What base account currencies are available?
FTMO offers the following base account currencies:
Trading Account Opening
To gain access to the user account, you need to go through a quick registration. After registration, the company provides a free trial in which you can test the platform and the supporting applications. Then you need to pay for the test, after which FTMO will provide account settings for taking the test.
On the main page, select the type of registration, which is either passing the test or the free trial version. You can also find links to opening an account in the FAQs section.
Enter your email address which will be linked to the account. Confirm your registration via the email address you provided.
The following functions are available in the user account:
Other useful functions of the user account:
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Trading academy.
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Access to autochartist tools.
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Access to client support services.
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Payment management.
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Profile details management.
Regulation and safety
There is no detailed information. It is known that the company does not belong to investment or age companies, as required by law. Brokerage services are provided by the Forex prop platform.
FTMO safety and regulationAdvantages
- The trader risks only the amount of the fee for passing the test. Further on, the trader’s own money is never used.
Disadvantages
- Lack of transparency
Markets and tradable assets
FTMO has a score of 10/10, reflecting a strong variety of markets and assets available for trading.
- Indices available
- CFDs offered
- Stock trading allowed
- Options not supported
Tradable markets
We compared the range of tradable instruments offered by FTMO with two leading competitors to highlight the differences in market access.
| FTMO | Hola Prime | SabioTrade | |
| Futures | Yes | No | No |
| CFDs | Yes | Yes | Yes |
| Forex | Yes | Yes | Yes |
| Options | No | No | No |
| Stocks | Yes | No | No |
| Crypto | Yes | Yes | Yes |
| Indices | Yes | Yes | Yes |
Investment Options
The FTMO offer is itself an investment program, the essence of which is as follows: each trader can get 400 thousand USD at his disposal, but before that, you need to go through two test steps. Before testing, there is an opportunity to practice on a demo account.
Invest in yourself | How to become a professional trader with almost no investment
The path to becoming an FTMO trader and earning real money consists of 2 steps:
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Evaluation stage. At this stage, the trader chooses the size of the trading account from 10 thousand to 200 thousand US dollars. The test fee, respectively, will be €155 euros for an account of 10 thousand US dollars. The higher the size, the larger the fee. Requirements: target achieving a profit of 10% of the deposit, when trading at least 4 days. Permissible losses are allowed up to 10% of the total deposit or up to 5% daily.
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Verification stage. At this stage, the trader also has no time limits to meet the requirements for the maximum daily and total drawdown, but the requirements for the target profit are reduced by 2 times. Conditions are simplified to work on more conservative strategies.
Testing is paid and depends on size of account chosen. The fee is paid only once, so at the second stage, you do not need to pay. If the test is passed, the trader receives real money under management up to 200 thousand dollars. In case of a violation, the test must be re-taken. The number of "retakes" is not limited, but discounts are not provided.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
FTMO’s affiliate program:
The FTMO affiliate program involves attracting traders who would like to unleash their potential, but do not have start-up capital. The company offers each affiliate 8% of the fee amount paid by the referral. Each affiliate receives a referral link and marketing materials.
Customer support
Customer Service is available 24/7 in several languages
Advantages
- Responds quickly
- Support available in 17 languages
Disadvantages
- Sees trading issues in a superficial manner
The prop firm can be contacted as follows:
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Chat.
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Email.
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Messengers.
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Telephone.
Registration is not required to communicate with the support service.
Contacts
| Foundation date | 2014 |
|---|---|
| Registration address | Purkyňova 2121/3 110 00 Prague, Czech Republic |
| Official site | https://ftmo.com/ |
| Contacts |
+442 033 222 983
|
Education
There is no training provided on the FTMO website. Access to the Trading Academy can be obtained only after registration from the user account. The Academy has video courses, trading recommendations, and discounts on paid courses for company affiliates. Separate practical information is presented in the blog.
There is a Free Trial account, the conditions for which correspond to the conditions of testing.
Comparison of FTMO to other prop firms
| FTMO | FundedNext | Hola Prime | SabioTrade | Blue Guardian Capital | Lark Funding | |
| Trading platform |
MetaTrader4, MetaTrader5, cTrader, DXTrade | MetaTrader4, MetaTrader5, cTrader | MetaTrader5, Match Trader, DXTrade, cTrader | Exclusive QuadCode trading platform (web, mobile app, desktop) | MT4 | cTrader, DXTrade |
| Min deposit | $155 | $32 | $48 | $119 | $187 | $60 |
| Leverage |
From 1:1 to 1:100 |
From 1:1 to 1:100 |
From 1:1 to 1:100 |
From 1:1 to 1:30 |
From 1:1 to 1:100 |
From 1:1 to 1:50 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0 points | From 0 points | From 0.1 points | From 0.9 points | From 0 points | From 0 points |
| Level of margin call / stop out |
50% / 50% | No | No | 100% / 50% | No | 110% / 100% |
| Order Execution | Instant Execution | N/a | Market Execution | Market Execution | No | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | No | No | No |
Detailed Review of FTMO
FTMO presents itself as a company that provides traders with money management based on the technology of a subsidiary structure. FTMO is not a broker in the strict sense of the word, as indicated on the website. Its task is to find professional traders and transfer investors' money to them to use instead of their own during managed trading of Forex assets.
FTMO's success by the numbers:
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Services clients in more than 180 countries.
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More than 6 million trades per month are made by traders on real investment accounts.
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More than 27 million US dollars have been paid out to traders from real accounts.
FTMO is a prop company where professional traders excel
FTMO created a customized evaluation system for traders consisting of the FTMO Challenge and Verification process. This evaluation system is specifically designed to identify promising trading talents.
Traders who complete the evaluation process are then given the opportunity to further develop their trading skills on an FTMO account. As FTMO traders, they can trade with a simulated balance of up to $200,000 without risking any of their own money. Top-performing FTMO traders stand to earn up to 90% of the profits they generate. The highest achieving FTMO traders may be selected to advance to the Premium Program. Through this program, they can potentially join Quantlane as professional traders, where Quantlane - a traditional prop trading firm - will employ them with a fixed salary.
There is also a Scaling Plan. If a trader has a least 10% profit during a 4-month cycle, the deposit amount is increased by 100 thousand US dollars. The maximum limit is USD 2 million.
The Premium Programme and Scaling Plan are two different and independent Programmes. Therefore, it is possible to benefit from both Programmes simultaneously.
Useful services of the FTMO firm:
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Economic calendar. It can be useful for trading, but here it is necessary to bear in mind the restrictions on trading at the time of the important news release.
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Statistical application. Shows significant and numerical probabilities of market behavior.
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Mentor Application. Helps traders achieve better results by strengthening their discipline.
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Trade magazine. Saves trading results with the ability to analyze trades.
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Account MetriX. An innovative and unique web application where you can track your progress towards becoming an FTMO trader.
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Account analysis. An objective trade analysis tool that provides an “outside point of view”.
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Performance Coach. Psychological help.
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Equity Simulator. A tool for improving the risk management system and calculating the probability of chances of a positive result based on current trading conditions. It is available in your MetriX account.
Advantages:
Inexpensive test that can be taken any number of times.
No restrictions on applied strategies. Allowed trading advisors. Restrictions on fundamental trading are introduced to reduce the risk of losing money during an increase in volatility.
Leverage is up to 1:100. This is high for such companies.
There is a shorter Free Trial version of the FTMO Challenge with the same trading conditions.
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