FTMO
🇨🇿 Czech RepublicThe industry benchmark — a decade of payouts, a new 1-step challenge, and the OANDA brokerage now under the same roof.
- Max funding
- $2M
- Profit split
- up to 90%
- Payouts
- On demand
- Challenges from
- $79
- Funding models
- 1-step, 2-step
- Platforms
- MT4, MT5, cTrader
- Headquarters
- 🇨🇿 Czech Republic
- Founded
- 2015
Our FTMO review
FTMO is the firm every other prop firm gets measured against. It has operated since 2015, paid out through every market regime ($500M+ across 140+ countries), and in December 2025 completed the acquisition of retail broker OANDA — a regulatory-approval gauntlet no other prop firm has cleared. That deal also quietly solved FTMO's biggest 2025 problem: US traders are back, with MT5 access through the OANDA partnership.
The classic two-step Challenge (10% then 5% targets, 10% max loss, 5% daily) lost its time limits in 2024 and gained a sibling in 2025: a 1-Step Challenge with an end-of-day trailing drawdown that pays 90% from the first payout. Payouts are on demand with a customizable cycle day, average around 8 hours to process, and the challenge fee is refunded in full with your first payout. The MetriX analytics dashboard remains genuinely useful rather than marketing garnish.
The trade-offs are known: pricing sits above the discount crowd, and funded Standard accounts carry a 2-minute news-trading restriction plus a no-weekend-holding rule (the lower-leverage Swing account waives both). But if the question is "who is the safest counterparty in prop trading," the answer in 2026 is still FTMO.
Pros & cons
Pros
- Ten-year payout record, now backed by ownership of the OANDA brokerage group
- On-demand payouts averaging ~8 hours to process, with the challenge fee refunded at first payout
- New 1-Step Challenge pays 90% from the first payout; 2-step rules unchanged and time-unlimited
- Stable, transparent rules that are never applied retroactively — plus the excellent MetriX dashboard
Cons
- Pricing above newer discount-driven rivals
- Standard funded accounts restrict news trading (2-minute window) and weekend holding — you must pick Swing to avoid both
- No futures product, no TradingView or DXtrade; crypto is a handful of CFDs
Good to know
- December 2025: completed the acquisition of retail broker OANDA from CVC Capital Partners — approvals from five regulators required.
- Re-entered the US market via the OANDA partnership; currently the only major forex prop firm offering MT5 to US traders.
- 2024: removed challenge time limits. 2025: launched the 1-Step Challenge paying 90% from the first payout.
- Reports $500M+ paid out to traders across 140+ countries since 2015; challenge fee is fully refunded with the first payout.
Challenge rules
| Program | Sizes | From | Target | Daily loss | Max loss | Min days | Time limit | Leverage |
|---|---|---|---|---|---|---|---|---|
| FTMO Challenge (2-Step)2-Step Swing variant: 1:30 leverage, news + weekend holding allowed | $10K–$200K | $89 | 10% / 5% | 5% | 10% static | 4 per phase | None | 1:100 |
| 1-Step Challenge1-Step Best Day rule: best day ≤ 50% of total profit; 90% split from first payout | $10K–$200K | $79 | 10% | 3% | 10% trailing (EOD) | None | None | — |
2-Step Challenge: 10% profit target, then 5% in Verification; 10% maximum loss (static), 5% maximum daily loss; minimum 4 trading days per phase; no time limit; no consistency rule.
1-Step Challenge (launched 2025): 10% target, 3% max daily loss, 10% end-of-day trailing max loss, Best Day rule (your best day must stay under 50% of total profit), no minimum trading days.
All instruments are CFDs. From $79 for a $10K 1-Step account.
Payouts & profit split
2-Step accounts start at an 80/20 split, rising to 90/10 through the Scaling Plan; 1-Step accounts pay 90% from the first payout. First payout is requestable 14 days after your first funded trade, then on demand with a customizable payout day. Average processing ~8 hours; the challenge fee is 100% refunded with the first payout.
Scaling plan
+25% account size every 4 months with ≥10% net profit over the period and at least two processed payouts; the split upgrades to 90/10. Accounts can scale up to $2M. Standard concurrent allocation is $400K across accounts (higher with Premium Programme status).
FTMO on YouTube
Independent reviews and payout proofs — not produced by FTMO or by us.
Is FTMO Still Worth It In 2026? My Experience After 22 FTMO Payouts
Trade With Jem · YouTube
FTMO Review 2025 || FTMO Pros & Cons — Is FTMO trustworthy? (Full Review)
Prop Firms Daily · YouTube
FTMO Review | My Honest Opinion in 2025 | Payouts, Rules, and Challenges Explained!
Investor Theo · YouTube
FTMO Honest Review after 24 Payouts
Kimmel Trading · YouTube
FTMO $16,000 Payout Breakdown (Full Dashboard Review)
Dan Cheung Trading · YouTube
Frequently asked questions
Is FTMO legit?
FTMO has operated since 2015, reports $500M+ paid out, and completed its acquisition of the regulated broker OANDA in December 2025 — the strongest institutional footing in the industry.
Does the FTMO Challenge have a time limit?
No. Time limits were removed in 2024 on both evaluation phases.
Can US traders join FTMO?
Yes — after pausing US onboarding in January 2025, FTMO re-entered the US via the OANDA partnership and is currently the only major forex prop firm offering MT5 to US traders.
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