📋 In This Review
📊 Firm Overview
Updated Apr 2026Min Eval Fee
$97 (one-time)
CEO / Founder
Otakar Šuffner
Payout Time
1–2 business days
News Trading
Yes
Overnight Hold
Yes
Scaling
$2,000,000
🔬 SPR Intelligence Analysis
Proprietary MetricsDifficulty Score Based on profit target, drawdown type, min days and restrictions. 10 = extremely hard to pass.
7.0/10
Above average difficulty
Value Score Lower = better value. Industry average ~$7.00 per $1K.
6.9 per $1K funded
$97 (one-time)
vs ~$7.00 avg across all tracked firms
📰 Firm Updates & News
Live Feed2025-12-01
FTMO confirms strict enforcement of daily loss and consistency rules across all accounts Rule
2025-11-15
FTMO reports continued stable payout processing for funded traders globally Payout
2025-10-20
Seasonal discount campaign introduced for challenge accounts in selected regions Promo
2025-09-05
FTMO updates MetaTrader 5 integration improvements for better execution stability Platform
2025-08-18
Increased number of verified trader payouts reported across funded accounts Payout
🛡️ Is FTMO Legitimate?
✓ Legitimate
Registered In
Czech Republic
Operating Since
2015
Reported Payouts
$450M+
Regulation
Not Regulated
⚠ Red Flags to Know
Not a regulated broker
Strict drawdown enforcement can lead to fast account termination
Evaluation fees are non-refundable if rules are violated
Consistency rules may limit aggressive trading strategies
No guarantee of funded account even after passing evaluation
📋 Challenge Rules
1️⃣ 1-step
2️⃣ 2-step
🧮 Challenge Fee Calculator
Select account size to see full cost breakdown:
✅ Pros & Cons
✅ Pros
Highly trusted and long-established firm
Static drawdown model
Fee refunded after first payout
High profit split up to 90%
Flexible trading (news, overnight, weekend allowed)
❌ Cons
Higher evaluation fee compared to competitors
10% profit target can be challenging
Strict risk rules must be followed
🎯 Who Is This Firm For?
✅ Ideal For
Swing traders
Intraday traders
Scalpers
Disciplined traders
Risk-managed strategies
❌ Not Ideal For
High-risk gamblers
Over-leveraged traders
Impulsive traders
News-only traders (aggressive style)
Traders who cannot follow strict drawdown rules
⚖️ Our Verdict
★★★★☆ 4.4/5
FTMO is widely regarded as the industry benchmark in proprietary trading, backed by years of consistent payouts, strong trader support, and a proven evaluation model. While its rules require discipline and consistency, it remains one of the safest and most reliable choices for traders seeking long-term funding.
✓ Recommended for experienced traders
❓ Frequently Asked Questions
No, FTMO is not regulated because it is not a broker; it operates a prop firm model.
Phase 1: 10% profit target
Phase 2: 5% profit target
Typically 1–3 weeks depending on trader performance, as there is no fixed maximum time limit.
Yes, news trading is allowed on standard FTMO accounts.
Yes, both overnight and weekend holding are allowed.
Maximum overall drawdown is 10% and daily drawdown is 5%.
FTMO increases account size by 25% every 4 months if profit targets and risk rules are consistently met, up to $2M total allocation.
FTMO supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader for executing trades.
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