FTMO
Czech Republic · est. 2015 · reviewed 2026-09-09
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 (81/100), which uses a static drawdown that never moves and carries a strong public payout reputation.
Verified 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.
Verified 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
- ✓Traders who weight a strong public payout reputation
- ✓cTrader users — it is a listed platform
- ✓Forex traders
- ✓Crypto traders
Check fit if
- •Confirm the consistency rule at checkout — no published figure is on file for this route either way
- •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
Accessibility is not scored for FTMO because the evidence isn't public yet, so this grade rests on the remaining 90% of the model rather than guessing a middling number.
Public rankings use account-specific scores. This firm-level context explains the background signals shared across its plans.
Fig. 02 — Account types
All account types compared
Rankings use each plan's own score.
| Plan | Market | Score | From | Activation | Reset | Drawdown | Daily loss | Consistency | Payout split | Platforms |
|---|---|---|---|---|---|---|---|---|---|---|
| FTMO Challenge - 2-Step Challenge plus Verification with 10% and 5% targets 4 sources ↗
| Forex | 81B | Not recorded | Not recorded | Not recorded | Static | 5% | Not recorded | 80/20 to 90/10 with scaling | MetaTrader 4, MetaTrader 5, cTrader |
| FTMO Challenge - 2-Step Crypto CFD Challenge plus Verification with crypto instruments where available on the selected platform 5 sources ↗
| Crypto | 81B | Not recorded | Not recorded | Not recorded | Static | 5% | Not recorded | 80/20 to 90/10 with scaling | MetaTrader 4, MetaTrader 5, cTrader |
| FTMO Challenge - 1-Step Single evaluation phase with 10% profit target 4 sources ↗
| Forex | 77B | Not recorded | Not recorded | Not recorded | Trailing (end-of-day) | 3% | 50% | 90/10 | MetaTrader 4, MetaTrader 5, cTrader |
| FTMO Challenge - 1-Step Crypto CFD Single evaluation phase with crypto instruments where available on the selected platform 5 sources ↗
| Crypto | 77B | Not recorded | Not recorded | Not recorded | Trailing (end-of-day) | 3% | 50% | 90/10 | MetaTrader 4, MetaTrader 5, cTrader |
- Activation
- No source we hold publishes an activation fee. A blank is not a $0 — budget for one until checkout proves otherwise.
- Reset
- No source we hold publishes a reset fee. A stored blank is not a free reset.
- Consistency
- No consistency figure is on file for this route. That is a gap in our record, not evidence the firm has no rule — consistency rules are often added at the funded stage, so confirm it in the firm’s own terms before you rely on it.
Account sizes — max drawdown & profit target
| Account size | Max drawdown | Profit target |
|---|---|---|
| $10,000 | — | $1,000 |
| $25,000 | — | $2,500 |
| $50,000 | — | $5,000 |
| $100,000 | — | $10,000 |
| $200,000 | — | $20,000 |
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.
Source: Trading objectives ↗Daily loss limit
5%Daily caps make position sizing especially important, even when overall drawdown room remains.
Source: Trading objectives ↗Consistency rule
Not recordedNo consistency figure is on file for this route. That is a gap in our record, not evidence the firm has no rule — consistency rules are often added at the funded stage, so confirm it in the firm’s own terms before you rely on it.
Firm-wide rule — not covered by this plan’s sources
News trading (by stage)
Allowed outside a 2-min news windowThe rule changes once the firm carries the risk: allowed on evaluation; allowed outside a 2-min news window once funded. The figure shown is the funded-stage rule, because that is the half that costs money.
Source: Trading objectives ↗Activation fee
Not recordedNo activation fee is published on any source we hold for this route. Budget for one until checkout proves otherwise — a blank is not a $0.
Firm-wide rule — not covered by this plan’s sources
Min trading days
4FTMO 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 2026-09-09 — confirm the live terms at checkout.
Fig. 05 — Full terms
Rules & payouts
Last verified 2026-09-09
Rules
- Drawdown
- Static
- Daily loss limit
- 5%
- Consistency rule
- Not recorded
- No consistency figure is on file for this route. That is a gap in our record, not evidence the firm has no rule — consistency rules are often added at the funded stage, so confirm it in the firm’s own terms before you rely on it.
- Min trading days
- 4
- Activation fee
- Not recorded
- No source we hold publishes an activation fee. A blank is not a $0 — budget for one until checkout proves otherwise.
- Reset fee
- Not recorded
- No source we hold publishes a reset fee. A stored blank is not a free reset.
- News trading — evaluation
- Allowed
- News trading — once funded
- Allowed outside a 2-min news window
- Overnight holding
- Not recorded
- No cited source states whether positions may be held overnight.
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
- 14
- First payout min
- Not recorded
- No source we hold states 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 81/100 on its best account and reviews rules from public sources.
How much does FTMO cost?
The best account route (FTMO Challenge - 2-Step) starts at a price you should check live, plus an activation fee to confirm at checkout. See the cost breakdown above for the total on one clean pass.
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?
We do not know. No consistency figure is on file for this route. That is a gap in our record, not evidence the firm has no rule — consistency rules are often added at the funded stage, so confirm it in the firm’s own terms before you rely on it.
How does FTMO pay out?
Profit split on record for FTMO: 80/20 to 90/10 depending on program/scaling. Minimum 14 day(s) before a payout. 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 verified 2026-09-05. See the full FTMO discount page for details.
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