FTMO Review 2026
The industry gold standard for forex/CFD prop trading.
Quick Facts
- Founded
- 2015
- Headquarters
- Prague, Czech Republic
- Market
- Forex & CFD
- Platforms
- MT4, MT5, cTrader, DXtrade
- Account sizes
- $10,000 – $200,000
- Minimum fee
- $89
- Profit split
- 80%
- Payouts
- Monthly (on-demand after first)
- Challenge model
- 2-step (Challenge + Verification)
Challenge Rules Breakdown
| Program | Profit Target | Max DD | Daily DD | Min Days | Time Limit | DD Type |
|---|---|---|---|---|---|---|
| FTMO Phase 1 (Challenge) | 10% | 10% | 5% | 4 | 30 days | static |
| FTMO Phase 2 (Verification) | 5% | 10% | 5% | 4 | 60 days | static |
| FTMO Funded Account | — | 10% | 5% | 0 | Unlimited | static |
Pros
- Longest-running major prop firm — proven track record since 2015
- Strong reputation and reliable payouts (TrustPilot 4.8)
- Generous 80% profit split, scalable to 90%
- Allows EAs, scalping and news trading on most accounts
Cons
- Two-step model takes longer than 1-step competitors
- 10% max drawdown is stricter than some newer firms
- Weekend holds not allowed — positions must close Friday
Who Is FTMO Best For?
Serious traders who value reputation and payout reliability over cheap fees
Test Your Strategy Against FTMO Rules
JPTradingCapital's backtest engine runs your EA or manual strategy against FTMO's exact Phase 1 rules and shows whether you would have passed — before you spend a cent on a challenge.