FTMO Review 2026:
The World's Leading
Prop Firm
Founded in 2015 in Prague, FTMO is the prop firm that defined the industry's standards. With over $200 million paid out to traders, a 4.8/5 Trustpilot rating and over one million active traders worldwide, it remains the absolute benchmark of prop trading.
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The Absolute Benchmark
of Global Prop Trading
It is hard to talk about prop trading without mentioning FTMO. Founded in 2015 in Prague by Marek Vašíček and Otakar Šuffner, this Czech firm is literally the pioneer of the industry as we know it today. Before FTMO, the concept of a "prop firm accessible to independent traders" was virtually non-existent. Today, with over one million traders worldwide, a 4.8/5 Trustpilot rating and more than $200 million paid out to traders, FTMO stands as the absolute benchmark of online prop trading.
Unlike instant-access prop firms, FTMO's model is built on a rigorous two-step evaluation process that tests discipline, risk management and trader consistency over time. This more demanding model is precisely what earns its reputation: traders who pass the FTMO challenge have proven their skills.
The firm offers accounts from $10,000 to $200,000, with a scaling program allowing allocations to reach up to $2 million. Its four platforms (MT4, MT5, cTrader, DXtrade), 24/7 support in 20 languages, exclusive analytical tools and trading academy make FTMO far more than a simple prop firm — it is a complete ecosystem for serious traders.
| Feature | Détail |
|---|---|
| Founders | Marek Vašíček & Otakar Šuffner |
| Year founded | 2015 |
| Headquarters | Prague, Czech Republic |
| Number of traders | 1 000 000+ |
| Total payouts paid | +$200 million |
| Countries accepted | 140+ countries |
| Account sizes | $10,000 to $200,000 (scaling up to $2M) |
| Profit share | 80% to 90% |
| Platforms | MT4, MT5, cTrader, DXtrade |
| Customer support | 24/7 in 20 languages |
| Trustpilot rating | 4.8/5 (40,000+ reviews) |
| Awards | 9 industry awards |
Take the FTMO Challenge
Join over one million traders. Start with the free Trial before taking the official challenge towards a funded account.
Fees refunded on 1st profit split
The Evaluation System
in 2 Steps (+ 1-Step Option)
The FTMO challenge is the core of the firm's model. Its evaluation system — Challenge + Verification — is designed to identify disciplined traders capable of managing risk consistently over time.
- Phase 1 — Target10% profit
- Phase 2 — Target5% profit
- Daily drawdownMax 5%
- Overall drawdownMax 10%
- Minimum days4 days
- Time limitUnlimited
- Profit share80% → 90%
- Profit target10%
- Daily drawdownMax 5%
- Overall drawdownMax 10%
- Minimum days4 days
- News tradingAllowed
- Time limitUnlimited
- Profit share80% → 90%
- Phase 1 target10%
- Daily drawdown10% (Agressif)
- Weekend / overnightAllowed
- News tradingAllowed
- Leverage1:30 (Swing)
- Time limitUnlimited
- Profit share80% → 90%
Fees by Account Size
| Account size | Normal fee | Aggressive fee | Refunded? |
|---|---|---|---|
| 10 000 $ | ~€155 | ~€250 | ✓ Yes, on 1st payout |
| 25 000 $ | ~€250 | ~€390 | ✓ Yes, on 1st payout |
| 50 000 $ | ~€345 | ~€540 | ✓ Yes, on 1st payout |
| 100 000 $ | ~€540 | ~€890 | ✓ Yes, on 1st payout |
| 200 000 $ | ~€1 080 | ~€1 680 | ✓ Yes, on 1st payout |
The Free Trial — Try Before You Pay
FTMO offers a completely free 14-day Free Trial, replicating the exact conditions of the official challenge. Test the platforms, get familiar with the rules and assess your performance without spending a cent — a rare opportunity in the industry.
Scaling Program
Every 4 months of consistent and profitable trading, your allocation increases by 25%, up to a cap of $2 million. The profit share rises from 80% to 90% from the first scaling tier.
Complete Trading Rules
| Rule | Value / Condition |
|---|---|
| Profit target (Phase 1) | 10% (Normal) / 20% (Aggressive) |
| Profit target (Phase 2) | 5% (Normal) / 10% (Aggressive) |
| Daily drawdown max | 5% (Normal) / 10% (Aggressive) |
| Overall drawdown max | 10% (Normal) / 20% (Aggressive) |
| Minimum trading days | 4 days minimum |
| Time limit | Unlimited |
| Max leverage (Classic) | 1:100 |
| Max leverage (Swing) | 1:30 |
| Profit share | 80% → 90% (scaling) |
| Expert Advisors (EAs) | Alloweds (stratégies légitimes) |
| Copy trading | Allowed |
| Scalping | Allowed |
| News trading (challenge) | Allowed |
| News trading (funded Classic account) | Restricted ±2 min around events |
| Overnight trading (funded Classic) | Not allowed |
| Weekend trading (funded Classic) | Not allowed |
| Overnight/weekend trading (Swing) | Allowed |
| Consistency rule | None (indicative score only) |
The 5% Daily Drawdown Rule — The Critical Point
The 5% maximum daily drawdown rule is the leading cause of failure at FTMO. This limit is calculated based on the higher value between your balance and equity at the close of the previous trading day. It imposes strict daily discipline that mirrors the risk management practices of institutional professional traders.
MT4, MT5, cTrader, DXtrade —
4 Platforms au Choix
One of FTMO's major strengths is the freedom to choose your platform. Where many prop firms impose a single interface, FTMO offers four of the world's most widely used platforms, covering all trading styles.
| Platform | Type | EAs / Bots | Mobile | US Traders |
|---|---|---|---|---|
| MetaTrader 4 (MT4) | Desktop + Web | Yes | iOS / Android | Not available |
| MetaTrader 5 (MT5) | Desktop + Web | Yes | iOS / Android | Not available |
| cTrader | Desktop + Web | Yes (cBots) | iOS / Android | Not available |
| DXtrade | Web only | Limited | Via browser | Available |
Ready to take the FTMO Challenge?
Start with the free Trial, get familiar with the rules, then launch your official challenge towards a funded account of up to $200,000.
Over 93 Instruments
— 6 Asset Classes
FTMO offers one of the most complete instrument catalogues among prop firms, with over 93 instruments available covering six major asset classes — enabling multi-market strategies across global financial markets.
Forex — 40+ Currency Pairs
Forex is the core of FTMO's offering, with over 40 currency pairs: all majors (EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD, NZD/USD), plus a wide range of minors and exotics. Maximum leverage is 1:100 on Classic accounts, among the highest in prop trading.
Indices, Commodities and Metals
FTMO offers the world's major stock indices as CFDs: US30, US500, US100, DE40, UK100, FRA40, JPN225, AUS200. Gold (XAU/USD) and silver (XAG/USD) are among the most traded instruments. WTI and Brent crude oil, natural gas and copper complete the commodities offering.
Cryptocurrencies, Stocks and Bonds
FTMO offers cryptocurrency CFDs (Bitcoin, Ethereum, Litecoin, Ripple) with extended trading hours. Individual stock CFDs (Apple, Tesla, Amazon, Microsoft via MT5), as well as government bonds (US T-Bonds, German Bund) are also available.
Reliable and Fast Payouts
— Processed in 8 Hours
FTMO's payment system is recognized as one of the most reliable and fastest in the industry. The $200M+ paid since 2015 leaves no doubt about the model's solidity.
| Criterion | Condition |
|---|---|
| First payout available | 14 calendar days after the first trade |
| Payout frequency | Monthly (bi-monthly possible) |
| Processing time | Approximately 8 hours |
| Withdrawal fees | None |
| Profit share | 80% → 90% (after scaling) |
| Challenge fee refund | Yes, on first payout |
| Accepted methods | Bank transfer, crypto, Skrill, Visa/Mastercard, Apple Pay, Google Pay |
| Available currencies | USD, EUR, GBP, AUD |
A Complete Ecosystem
of Tools and Education
FTMO stands apart from all other prop firms with its complete ecosystem of analytical tools and education, available free to all FTMO traders.
FTMO Account MetriX — Performance Analysis
Advanced analytical dashboard that breaks down every aspect of your performance: win rate, risk/reward ratio, profit distribution by hour and day, instrument correlation. Helps traders precisely identify their strengths and weaknesses.
Mentor App — Real-Time Risk Management
App that connects to MT4, MT5 or cTrader and sends real-time alerts when a rule is about to be violated — particularly valuable for avoiding the 5% daily drawdown limit.
Equity Simulator and FTMO Academy
The Equity Simulator lets you simulate your account trajectory based on your trading parameters. The FTMO Academy offers courses, market analyses, educational videos and access to performance coaches (trading psychologists) — a unique service in the industry.
Our Honest Assessment
With over 40,000 Trustpilot reviews and a 4.8/5 rating, FTMO has the highest satisfaction score in the entire prop firm industry. Here is our full analysis.
✅ Strengths
- Impeccable reputation since 2015
- +$200M paid out — reliable payouts (8h processing)
- 4 platforms to choose from (MT4, MT5, cTrader, DXtrade)
- Free Trial before any financial commitment
- Challenge fees refunded on 1st payout
- Exclusive analytical tools (MetriX, Mentor App)
- 24/7 support in 20 languages dont le français
- Attractive scaling up to $2 million
- No consistency rule imposed
- FTMO Academy + performance coaches available
- 9 industry awards
- Scalping, EAs, copy trading allowed
❌ Weaknesses
- No instant access — evaluation required
- Very strict 5% daily drawdown rule
- Overnight/weekend restrictions (funded Classic account)
- US Traders limités à DXtrade uniquement
- Initial fees among the highest on the market
- High failure rate (daily drawdown rule)
Our Rating by Category
Comparison with Leading Prop Firms
| Prop Firm | Founded | Instant access | Max profit share | Platforms | Trustpilot |
|---|---|---|---|---|---|
| FTMO | 2015 | No (evaluation) | 90% | MT4/MT5/cTrader/DXtrade | 4,8/5 |
| Instant Funding | 2020 | Yes | 90% | DXtrade | 4,1/5 |
| FundedNext | 2022 | Partial | 95% | MT4/MT5 | 4,6/5 |
| FXIFY | 2022 | Yes | 90% | DXtrade/MT4/MT5 | 4,5/5 |
| Funded Trading Plus | 2021 | Yes | 100% | MT4/MT5/cTrader | 4,7/5 |
FTMO clearly stands out on two criteria: its absolutely impeccable reputation (highest Trustpilot rating and the oldest firm in the comparison) and its most complete platform offering. It is however the only one not to offer instant access.
Is FTMO the Best
Prop Firm in 2026?
FTMO remains the absolute benchmark prop firm in 2026. With a decade of existence, over $200 million paid out, four professional platforms, exclusive analytical tools and a community of over one million traders — FTMO has built something no competitor can yet match: trust.
Its two-step evaluation process is demanding — that is precisely its strength. Traders who pass the challenge have demonstrated their discipline and risk management ability. In return, they benefit from scaling up to $2 million, fee refunds on the first payout, payouts processed in 8 hours and a profit share of up to 90%.
Bottom line: Choose FTMO if you are a disciplined trader with solid risk management, seeking credibility, reliability and the best long-term conditions. The free Trial is the best way to start — with zero financial risk.
Join FTMO Now
Free Trial · Funded account up to $200,000 · 80% profit share from day one · Fee refund guaranteed on 1st payout.