For Traders vs FTMO

How For Traders vs FTMO compare on our ratings, prop firm specs, funding, pros and cons.

VS
FTMO4.2/5
Feature
Ratings
Our score4.0/54.2/5
User ratingNo reviews yetNo reviews yet
Payout reliability4.54.5
Rules & drawdown4.04.0
Costs4.03.5
Platforms & markets4.04.5
Transparency & support3.54.5
Specs
Evaluation1-step, 2-step, Instant funding1-step, 2-step, Instant funding
Account sizes$3,000 to $300,000Up to $200,000
Challenge feeFrom $41 ($50 for Instant Master, $399 for $100K 1-step)Not disclosed
Profit splitUp to 90% (80% standard)80% to 90%
Daily drawdown limitNot disclosed5%
Maximum drawdownStatic balance-based10% static
Payout frequencyOn-demand, weekly, or bi-weeklyBi-weekly after 14 days
Payout methodsBank transfer, Rise, USDC (ERC20)Not disclosed
Crypto leverageNot disclosedUp to 1:100
Trading platformsMT5, TradeLocker, cTrader, For Traders XMT4, MT5, TradingView, cTrader
MarketsCrypto, Forex, Indices, CommoditiesCrypto, Forex, Indices, Commodities, Stocks
KYC required Yes Yes
Company
Founded20232015
HeadquartersUnited Arab EmiratesCzech Republic
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Static drawdown avoids the trailing-drawdown traps common in futures evaluations
  • Payouts carry a 48-hour guarantee that pays the full reward amount if delayed
  • Supports 24/7 trading across more than 50 cryptocurrency pairs including weekends
  • Instant funding options allow traders to skip evaluation phases entirely
  • Static 10% max drawdown calculated from initial balance rather than trailing equity
  • Over $650M paid in rewards since 2015 across 140 countries
  • Profit splits scale from 80% up to 90% through the scaling plan
  • Supports TradingView, cTrader, MT4, and MT5 platforms
Cons
  • Mandatory KYC identity verification is required before any payout can be processed
  • Simulated accounts rely on the counterparty solvency of the prop firm
  • Instant Master tiers operate with tighter drawdown limits than evaluation accounts
  • Rule breaches terminate the challenge immediately without fee reimbursement
  • Standard accounts prohibit holding positions over weekends or trading major news events
  • Identity verification is required before any reward withdrawal is processed
  • All trading takes place entirely within simulated demo environments
  • Slippage issues and disputed account-breach determinations
Best forTraders seeking static drawdown evaluations, Weekend crypto intraday traders, Traders wanting instant simulated fundingDisciplined day traders avoiding trailing drawdowns, Swing traders using cTrader or TradingView, Forex and crypto technical analysts

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