FTMO Review

FTMO is a company that encourages traders to become successful in their trading careers. They are looking for disciplined individuals who can efficiently manage risk and focus on long-term consistency. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $200,000 and receive up to 90% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies.

Who are FTMO?

FTMO is a proprietary trading firm with the legal name FTMO Evaluation Global s.r.o. that was incorporated in September 2015. They are located in Prague, Czech Republic, and are being managed by CEO Otakar Suffner. FTMO provides traders with the opportunity to choose between a single two-step evaluation while being partnered with a tier-1 liquidity provider with the best simulated real market trading conditions as their broker.

FTMO’s headquarters are located at Purkyňova 2121/3, Nové Město, 110 00 Prague 1, Czech Republic.

Who is the CEO of FTMO?

Otakar Suffner is the CEO of FTMO, who was born and raised in Prague. His belief is that you don’t need a university education in order to be a good trader or businessman, although it certainly helps. He has a master’s degree in Economics, which he obtained from Prague University. At that time, he also studied in South Korea at Seoul National University.

Otakar has a major passion for sports. He used to play tennis when he was growing up. However, he wasn’t good enough to pursue a career out of it. Nowadays, on the other hand, he does sports 3-4 times a week. Mostly fitness, calisthenics, and kickboxing.

His journey as a trader began almost a decade ago when he started on Futures and later transitioned to Forex and CFDs, where he had more freedom with his position sizing. This was due to having a smaller account since his options were extremely limited at that time. As a trader, Otakar is a very statistics-based person who believes in numbers. He likes to focus on probabilities, which enable him to create unique trading ideas.

Funding Program Options

FTMO provides its traders with a single funding program option.

Evaluation Program

FTMO’s Evaluation Program provides traders the opportunity to manage account sizes ranging from $10,000 up to $200,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Evaluation Program allows you to trade with up to 1:100 leverage while also being able to choose your account funding between USD, GBP, EUR, CZK, CAD, AUD, and CHF.

Evaluation phase one requires a trader to reach a profit target of 10% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to trade a minimum of four trading days in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase two. However, you are required to trade a minimum of four trading days in order to proceed to a funded account.

By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted bi-weekly. Your profit split will be 80% up to 90% based on the profit you make on your funded account.

Evaluation Program Scaling Plan

The Evaluation Program also has a scaling plan. If a trader is profitable in the last four months with an average return of 10% over the four-month period and at least two successful withdrawals, then you will become eligible for an account size increase equal to 25% of the initial account size. The profit split increases to 90% after the trader scales their Evaluation Program for the first time.

Example:

After 4 Months: A qualified $100,000 account increases to $125,000.

After the Next 4 Months: A qualified $125,000 account increases to $150,000.

After the Next 4 Months: A qualified $150,000 account increases to $175,000.

And so on…

Evaluation Program Trading Rules & Objectives

• Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 10%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
• Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
• Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%.
• Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. Both evaluation phases have a minimum trading day requirement of 4 days.
• No Weekend Holding – Traders are prohibited from holding trades during the weekend, meaning that all trades should be closed before the Friday market close.
• No News Trading – Trading is not permitted during high-impact news releases. This implies that executing new trades or closing existing trades on the specified instrument is prohibited within the 2-minute period both before and after the announcement of particular news.

What Makes FTMO Different From Other Prop Firms?

FTMO differs from most industry-leading prop firms due to offering a single account type, a two-step evaluation. In addition, they also provide numerous favorable features, such as an unlimited trading period, a first withdrawal after only 14 calendar days, bi-weekly future payouts, and an exclusive premium program.

FTMO’s Evaluation Program is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 10% in phase one and 5% in phase two, with a 5% maximum daily and 10% maximum loss rules. You also have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 4 calendar days in each evaluation phase. The Evaluation Program also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Evaluation Program stands out mainly for having an unlimited trading period, a first withdrawal after only 14 calendar days, bi-weekly future payouts, and an exclusive premium program.

Example of comparison between FTMO & Funding Pips

Example of comparison between FTMO & E8 Markets

Example of comparison between FTMO & FXIFY

In conclusion, FTMO differs from other industry-leading prop firms by offering a single account type, a two-step evaluation. In addition, they also provide numerous favorable features, such as an unlimited trading period, a first withdrawal after only 14 calendar days, bi-weekly future payouts, and an exclusive premium program.

Is Getting FTMO Capital Realistic?

It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.

• Receiving capital from the Evaluation Program is realistic primarily due to its average profit targets (10% in phase one and 5% in phase two) coupled with average maximum loss rules (5% maximum daily and 10% maximum loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 4 calendar days. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80% up to 90%.

After considering all the factors, FTMO is highly recommended since you have a single funding program to choose from, which features realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

FTMO is a proprietary trading firm that was incorporated in September 2015. They have a large community of traders who have reached funded status and successfully qualify for a profit split.

While working with FTMO and reaching funded status with the Evaluation Program, you will be eligible to receive your first payout after 14 calendar days. However, after your first payout, you will also be eligible to receive payouts if you exceed the initial account size every 14 calendar days. Your profit split will consist of a generous 80% up to 90% based on the profit that you have generated on your funded account.

When it comes to FTMO payment proof, you can find it on numerous websites. One example is Trustpilot, where their traders comment regarding their experience while working with the company as well as the process of how they successfully received payouts. Another source of payment proof for FTMO is their Discord channel and YouTube channel, where you can find numerous payout certificates and interviews of the most successful traders.

Examples of Payout Certificates and Payment Proof can be seen in the images below.

Which Broker Does FTMO Use?

FTMO doesn’t trade with any of the common broker brands. They are partnered with a tier-1 liquidity provider with the best simulated real market trading conditions.

As for trading platforms, while you are working with FTMO, they allow you to trade on MetaTrader 4, MetaTrader 5, cTrader, or DXtrade.

Trading Instruments

As mentioned above, FTMO is partnered with a tier-1 liquidity provider with the best simulated real market trading conditions, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, stocks, and cryptocurrencies with a leverage of up to 1:100, depending on the trading instrument that you are trading.

Forex Pairs

Commodities

Indices

Stocks

Cryptocurrencies

Trading Fees

Trading Commission

Spread Account

To check the live spreads, log in to the trading account below.

Education

FTMO provides its community with numerous educational resources, such as the following eight categories:

• Trading Updates
• Symbols
• Premium Programme
• Leaderboard
• Economic Calendar
• Trading Apps
• Performance Coaches
• FTMO Academy

Additionally, we can also find a detailed Blog, which includes educational content, such as the following nine categories:

• FTMO Traders Q&A
• Instruments
• Markets Weekly
• Other
• Successful Traders Stories
• Trading Objectives
• Trading Psychology
• Trading Systems
• Trading Tips

FTMO also stands out as one of a few proprietary trading firms that offers traders a free trial option to familiarize themselves with the platform’s trading conditions, reducing the chance of errors when purchasing an evaluation program.

Lastly, FTMO offers all clients access to a carefully designed trader dashboard, streamlining risk management by offering constant access to detailed statistics and objectives. This ensures real-time updates, contributing to an improved user experience.

Trustpilot Feedback

FTMO has gathered an excellent score on Trustpilot based on their community’s feedback.

On Trustpilot, FTMO has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.8 out of 5 from a substantial pool of 20,832 reviews. Notably, 92% of these reviews have awarded FTMO the highest rating of 5 stars.

The client emphasizes FTMO as the best option, highlighting the importance of quality over quantity. It advises focusing on the platform’s rules and services, praising FTMO for its transparency and absence of spread manipulation.

The client expresses admiration for FTMO and praises the seamless trading experience, including the web platform, customer service, team members, FTMO Mentor, and trading analysis. It emphasizes the platform’s ability to create an environment where skilled traders can surpass expectations and achieve their full potential.

Social Media Statistics

FTMO can also be found on numerous social media platforms.

Customer Support

Account Opening Process

• Registration Form – Register with FTMO by filling out the registration form with your personal details and logging into the trading dashboard.

• Choose Your Account – Choose your account currency, account size, account type, and trading platform.

• Choose Your Payment Method – Choose between a credit/debit card, bank transfer, Skrill, and cryptocurrency payment methods.

Conclusion

In conclusion, FTMO is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose a single funding program, the Evaluation Program, which is a two-step evaluation.

FTMO’s Evaluation Program is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% up to 90% profit splits. Traders must reach profit targets of 10% in phase one and 5% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 4 calendar days in each evaluation phase. Finally, it’s essential to note that the Evaluation Program features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend FTMO to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with unique features, such as an unlimited trading period, a first withdrawal after only 14 calendar days, bi-weekly future payouts, and an exclusive premium program. After considering everything FTMO has to offer to traders all across the globe, they can undoubtedly be regarded as one of the industry-leading prop firms.

Our detailed review of FTMO was last updated on 02.04.2025 at 11:25 (CE(S)T).

What are your individual opinions on FTMO and the services they offer? Do they align with the trading conditions and services you’ve been seeking?

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