About FTMO
FTMO is the most established prop firm in existence, founded in Prague in 2015. Their 2-Step evaluation (Challenge + Verification) has set the industry template. Profit split starts at 80% rising to 90% via their Scaling Plan, with accounts growing to $2M. $500M+ paid to traders globally. IMPORTANT: On standard funded accounts, news trading is prohibited within a 2-minute window around high-impact events. The Swing account removes this restriction and allows weekend holding without news restrictions. MT4, MT5, cTrader and DXTrade all supported. Fee refunded on first payout (2-Step only — not 1-Step).
FTMO is the safest choice in the industry — 10 years of consistent payouts, $500M+ distributed, and the most transparent ruleset. Best for: disciplined forex and indices traders who avoid news events. Not for: US traders, news traders, or traders needing instant funding.
✓ Pros
- ✓10 years verified payout history — most trusted firm in industry
- ✓$500M+ paid to traders globally
- ✓Scaling to $2M
- ✓MT4, MT5, cTrader and DXTrade supported
- ✓Fee refunded with first payout on 2-Step
- ✓No time limits on evaluation
- ✓Advanced analytics: MetriX, Trading Journal, Mentor App
✗ Cons
- ✗US traders not accepted
- ✗News trading restricted within 2-min window on standard funded accounts
- ✗80% base split — rises to 90% only via Scaling Plan
- ✗1-Step fee not refunded
- ✗Minimum 4 trading days per phase
- ✗Copy trading not allowed