FTMO
Czech Republic · est. 2015 · reviewed 2026-09-26
No sourced trader-risk flag has been recorded for FTMO. That is the absence of a finding, not a clean bill of health.
FirmFax verdict
FTMO is a strong forex and crypto prop firm, established 11+ years, best taken through its FTMO Challenge - 2-Step (96/100), which uses a static drawdown that never moves and carries a strong public payout reputation.
Current discount
20% off the $100K 1-Step Challenge
FTMO’s own homepage carries a "Special deal on $100K 1-Step Challenge" banner offering 20% off, claimed through the banner rather than by typing anything at checkout. The €101-off 2-Step deal a marketplace listed in August is no longer the offer on FTMO’s site — a different product and a different discount.
Checked 2026-09-05Offer links may be sponsored. They never change our score or ranking. Disclosure.
Best for
- ✓Traders who want a static or end-of-day drawdown instead of an intraday trail
- ✓Concentrated strategies — the firm publishes no consistency rule on at least one route
- ✓Traders who weight a strong public payout reputation
- ✓cTrader users — it is a listed platform
- ✓Forex traders
Check fit if
- •Best for traders with tight daily risk controls because this route includes a daily loss cap
FTMO
Fig. 01 — Score breakdown
What the FirmFax score is made of
This breakdown is for FTMO Challenge - 1-Step, the middle-scoring of the 2 plans on sale. FTMO's grade is that plan's score.
Fig. 02 — Account types
All account types compared
Rankings use each plan's own score.
Not recorded for any of the 2 accounts entry price What a gap means
| Plan | Market | Score | Drawdown | Daily loss | Consistency | Payout split | Platforms |
|---|---|---|---|---|---|---|---|
| FTMO Challenge - 2-Step Challenge plus Verification with 10% and 5% targets | Forex | 96A | Static | 5% | None | 80/20 to 90/10 with scaling | MetaTrader 4, MetaTrader 5, cTrader |
| FTMO Challenge - 1-Step Single evaluation phase with 10% profit target | Forex | 83B | Trailing (end-of-day) | 3% | 50% | 90/10 | MetaTrader 4, MetaTrader 5, cTrader |
Fig. 04 — Before you buy
Rules to know first
Drawdown model
StaticOn the best route, the drawdown is fixed and never moves, the most forgiving model for scaling in and out.
No source on file for this row
Daily loss limit
5%Daily caps make position sizing especially important, even when overall drawdown room remains.
No source on file for this row
Consistency rule
NoneThe firm publishes that this route carries no consistency rule, which suits lumpier P&L.
Firm-wide rule — not covered by this plan’s sources
News trading (by stage)
Allowed except 2 minutes on one or both sides of news releases (side not recorded)The rule changes once the firm carries the risk: allowed on evaluation; allowed except 2 minutes on one or both sides of news releases (side not recorded) once funded. The figure shown is the funded-stage rule, because that is the half that costs money.
Source: FAQ: Can I trade news? ↗Min trading days
4 trading daysFTMO requires at least 4 trading days on this route before the evaluation can be passed. The wait before a payout can be requested is a separate rule.
Source: Trading objectives ↗Each row above is read from FTMO’s own published pages where one is cited; rows marked “Not recorded” are gaps in our record, not terms the firm has waived. Last reviewed 2026-09-26 — confirm the live terms at checkout.
Fig. 05 — Full terms
Rules & payouts
Last reviewed 2026-09-26
Rules
- Drawdown
- Varies by planStrictest: Trailing (end‑of‑day), on FTMO Challenge - 1‑Step
- Daily loss limit
- Varies by planStrictest: 3%, on FTMO Challenge - 1‑Step
- Consistency rule
- Varies by planStrictest: 50%, on FTMO Challenge - 1‑Step
- Min trading days
- 4 trading days, on 1 of 2 plans on sale that we listNot recorded: FTMO Challenge - 1‑Step
- News trading — evaluation
- Allowed
- News trading — once funded
- Allowed except 2 minutes on one or both sides of news releases (side not recorded)
- Not recorded
- overnight holding
- We have not recorded this for FTMO. Treat it as unknown, never as permission.
- Overnight holding: We have not recorded whether positions may be held overnight. Treat it as unknown, never as permission.
News rule detail: During evaluation: FTMO states it plainly: "While trading during the Evaluation Process, the restriction does not apply regardless of the account type." Once funded: On an FTMO Account no trade may be opened or closed from 2 minutes before to 2 minutes after selected news releases. Swing accounts are the only documented exemption.
Automation: EAs and discretionary trading are allowed if they are legitimate, replicable, and do not resemble forbidden practices.
Payouts
- Profit split
- 80/20 to 90/10 depending on program/scaling
- Frequency
- Reward cycle depends on FTMO Account terms
- Min days to payout
- Not recorded
- We have not recorded whether there is a minimum holding period before a payout.
- First payout min
- Not recorded
- We have not recorded whether there is a minimum first payout.
- Methods
- Bank transfer, Crypto
- Payout evidence
- 1 dated record, latest 2024-02-09
- Platforms
- MetaTrader 4, MetaTrader 5, cTrader
Payout evidence counts dated payout records FTMO has published itself. The most recent we hold is dated 2024-02-09. Records are evidence a payout ran on that date, not a guarantee of the next one.
Fig. 06 — Rule tape
Recent changes
No firm-side rule or account changes tracked yet.
Fig. 07 — Research & sources
Research notes
FTMO is a major multi-asset CFD prop firm. It supports forex and crypto instruments where available on the selected platform, but it is not a futures prop firm.
FAQ
FTMO questions
Is FTMO legit?
FTMO has operated since 2015 (11+ years) and holds a strong public payout reputation. FirmFax scores it 96/100 on its best account and reviews rules from public sources.
How much does FTMO cost?
The best account route is FTMO Challenge - 2-Step. We have not recorded an entry price for this plan. Any fee paid after entry is not shown here either, so confirm the price and fees at the firm's checkout.
What drawdown does FTMO use?
The best route uses a static drawdown — the drawdown is fixed and never moves, the most forgiving model for scaling in and out.
Does FTMO have a consistency rule?
No — FTMO publishes that the best route carries no consistency rule. Other routes can differ, and a rule can be added at the funded stage, so check the account table and the current terms.
How does FTMO pay out?
Profit split on record for FTMO: 80/20 to 90/10 depending on program/scaling. Payout cadence: Reward cycle depends on FTMO Account terms. FirmFax holds 1 dated payout record published by the firm, the most recent from 2024-02-09.
What platforms does FTMO support?
FTMO lists MetaTrader 4, MetaTrader 5, cTrader. Review platform access for the specific plan you choose.
Is there a FTMO discount code?
20% off the $100K 1-Step Challenge — official source, last checked 2026-09-05. See the full FTMO discount page for details.
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