Czech Republic · Est. 2015
FTMO is a prop trading firm based in Czech Republic (established 2015). Traders typically access capital through a two step path and keep about 90% of profits with on-cycle reward withdrawals after ftmo account eligibility (bi-weekly style cadence is commonly discussed; confirm current dashboard schedule) payouts. Evaluation pricing on PropFirmElite starts around $155.
FTMO is one of the most recognized forex and CFD prop firms, operating since 2015 from Prague with multi-language support, MT4/MT5/cTrader access, and a large education stack (Academy, Performance Coaches, App Suite). Accounts are explicitly demo/simulated capital: you buy an evaluation (FTMO Challenge), pass Trading Objectives, complete identity steps, then trade an FTMO Account for a share of simulated profits as rewards — not a broker deposit account.
The classic product is the **2-Step** path: Challenge with a **10%** profit target, then Verification at **5%**, while respecting **5% Maximum Daily Loss** and **10% Maximum Loss** on standard 2-Step marketing tables, with a **minimum of four trading days**. FTMO also markets a newer **1-Step** Challenge with different objective math (including a 3% daily-loss style limit and end-of-day trailing maximum loss language on official Trading Objectives pages). Simulated sizes commonly run **$10k–$200k**, with reward share up to **90%** and a **100% fee refund with the first reward withdrawal** on published how-it-works copy.
Forex/indices/commodities/crypto CFD traders who want a mature brand, structured two-phase (or one-step) evaluation, weekend holding where rules allow, and EA-friendly conditions relative to many futures shops.
Pure CME futures traders looking for NinjaTrader/Rithmic prop rails, or anyone who confuses “FTMO Account” with regulated brokerage client money.
Daily loss and max loss are equity-sensitive (open P/L counts); news and weekend behavior still carry gap risk; scaling/Premium programmes change reward economics; rules differ between 1-Step and 2-Step — never mix tables. PropFirmElite lists FTMO for comparison, not as a rating. Confirm live objectives on ftmo.com before checkout. Who it is for: forex/CFD traders who want a long-running multi-language brand (Prague, since 2015), MT4/MT5/cTrader access, and heavy education tooling more than US futures-only stacks. Who it is not for: pure CME futures specialists who need Ninja/Tradovate first-class workflows as their primary product.
This PropFirmElite overview is built for traders comparing FTMO rules, account sizes, drawdown models, and platforms before buying an evaluation. Best suited for traders comfortable with multi-phase challenges; forex and CFD-style program shoppers. Always confirm current rules on the firm's official site.
Data last verified on PropFirmElite: July 14, 2026.
Evaluation pricing and key rules by account size.
$10K
No monthly fee · refundable
Target $1,000 · DD $1,000 · Daily $500
$155
$25K
No monthly fee · refundable
Target $2,500 · DD $2,500 · Daily $1,250
$250
$50K
No monthly fee · refundable
Target $5,000 · DD $5,000 · Daily $2,500
$345
$100K
No monthly fee · refundable
Target $10,000 · DD $10,000 · Daily $5,000
$540
$200K
No monthly fee · refundable
Global brand recognition and academy depth, offset by simulated CFD economics and two-step Challenge+Verification culture on classic paths (1-Step options exist — verify product). FTMO accounts remain demo/simulated capital with profit share after objectives and identity steps — read that framing literally.
FundedNext Stellar CFD families and The5ers ladders if you are shopping forex/CFD prop rather than US futures catalogs.
Pick 2-Step vs 1-Step, write daily loss and max loss percentages, confirm platform, then paper Trading Objectives before purchase.
Target $20,000 · DD $20,000 · Daily $10,000
$1,080
Editorial summary for comparison only. Always verify rules directly with FTMO.
Based on the structured rules and product flags we track, FTMO tends to fit traders comfortable with multi-phase challenges; forex and CFD-style program shoppers. Compare profit targets, max loss, and payout frequency against your strategy before paying an evaluation fee.
Browse all prop firms or read our prop firm guides for drawdown math, payout comparisons, and beginner picks.
Simulated live market data via FTMO liquidity providers
Methods
After you become an FTMO Trader, there is no profit target on the FTMO Account beyond risk limits — you request rewards on simulated profits. Published marketing states up to 90% of simulated profits as rewards and a 100% refund of the initial Challenge fee with the first reward withdrawal. Scaling Plan and Premium Programme can change economics for high performers. Always verify current reward cycle, payment rails, and any consistency/discipline scoring in the live FAQ before planning cashflow.
Channels
Head to FTMO to begin.
Start evaluation