Prop trading firm founded in 2015 offering simulated accounts up to $200,000 and 90% reward ratios
FTMO is a proprietary trading firm that provides simulated trading evaluations, granting qualifying traders access to funded accounts with reward ratios between 80% and 90%. Founded in 2015, the firm has distributed over $650M in performance rewards to traders across more than 140 countries.
The firm operates under FTMO s.r.o. and parent organisation OMHC, based in Prague, Czech Republic. Co-founders Otakar Šuffner and Marek Vašíček started the firm as day traders in 2015. The company has more than 300 team members. In December 2025, FTMO broadened its corporate umbrella by acquiring retail broker OANDA.
Traders can select between a two-step challenge, a single-step evaluation, or direct access via the FTMO Instant Account. The flagship two-step model requires reaching a 10% target in Phase 1 and 5% in Phase 2. Both phases enforce a 5% maximum daily loss and a 10% static maximum drawdown calculated from the initial balance. The firm supports account sizes up to $200,000 across platforms such as MetaTrader 4, MetaTrader 5, cTrader, and TradingView, with maximum leverage reaching 1:100 on instant models.
Entry fees depend on the chosen simulated account size. FTMO levies a 0% firm-side fee on withdrawals, which are handled bi-weekly, starting 14 days after the initial trade on a funded account. The firm serves over 140 countries and resumed operations in India in December 2025.
All activity takes place on simulated accounts rather than live market order books. Standard accounts face strict rules against holding positions over weekends and trading around major macroeconomic news releases, which swing accounts can bypass. Breaching the daily loss limit or 10% maximum drawdown violates the account rules.
Former day trader who co-founded the firm in 2015.
Former day trader who co-founded the firm in 2015.
FTMO maintains reliable payout processing and balance-based drawdowns, but Standard accounts carry strict news-trading limits.
Founded in 2015 in Prague by day traders Otakar Šuffner and Marek Vašíček, FTMO operates under FTMO s.r.o. and parent entity OMHC. Having expanded its footprint through the acquisition of broker OANDA in December 2025, the firm reports more than $650M distributed in rewards across 140 countries.
Traders can select between a traditional two-step evaluation, a single-step challenge, or the direct-access Instant Account. The flagship 2-Step challenge pairs a 10% target in Phase 1 with a 5% target in Phase 2. Risk parameters are defined by a 5% daily loss limit and a 10% maximum drawdown, which is calculated statically from the starting balance rather than trailing peak equity.
Platform execution runs across MetaTrader 4, MetaTrader 5, cTrader, and TradingView. Traders retain an 80% baseline profit split, which can scale to 90% through the Premium Programme once consistent profitability is shown. Payouts operate on a bi-weekly schedule, starting 14 days following the initial trade on a funded account, with FTMO charging a 0% withdrawal fee on its side.
The structure presents notable constraints:
| Evaluation | 1-step, 2-step, Instant funding · unverified |
|---|---|
| Account sizes | Up to $200,000 · unverified |
| Profit split | 80% to 90% · unverified |
| Daily drawdown limit | 5% · unverified |
| Maximum drawdown | 10% static · unverified |
| Payout frequency | Bi-weekly after 14 days · unverified |
| Crypto leverage | Up to 1:100 · unverified |
| Trading platforms | MT4, MT5, TradingView, cTrader · unverified |
| Markets | Crypto, Forex, Indices, Commodities, Stocks · unverified |
| KYC required ⓘ | Yes · unverified |
Not disclosed by the provider: Challenge fee, Payout methods, Restricted countries.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Traders work toward a 10% gain in Phase 1 and 5% in Phase 2 while staying within a 5% daily loss limit.
Accounts enforce a 10% maximum total drawdown based on the initial balance rather than trailing equity highs.
Provides direct funded access with up to 1:100 leverage, a 10% maximum loss rule, and a 90% reward ratio.
Executes simulated orders across MetaTrader 4, MetaTrader 5, cTrader, and TradingView.
Consistent traders can raise their profit split from 80% to 90%.
Enables traders to hold positions overnight and over weekends without news-trading restrictions.
The primary evaluation track requiring traders to hit a 10% profit target in Phase 1 and 5% in Phase 2 under a 10% static drawdown limit.
A single-phase evaluation track designed to qualify traders for a funded simulated account without a second verification stage.
A direct-access funded account model with up to 1:100 leverage, a 10% maximum loss ceiling, and rewards eligibility from day one.
The funded simulated account where qualifying traders execute trades and receive performance reward splits between 80% and 90%.
A zero-cost simulated practice challenge allowing prospective participants to test the trading rules and FTMO's Account MetriX tools.
An integrated educational hub offering lessons on technical mechanics and trading psychology for developing traders.
App Store reviews praise FTMO's performance tracking and demo practice accounts. Community posts on Reddit and the App Store also note strict or suddenly enforced risk parameters.
“Great tool for tracking and discipline The FTMO app is clean, intuitive, and very useful for monitoring account performance in real time. I especially like the clear breakdown of metrics and how easy it is to track progress toward objectives.”
“Practice Has an available demo based off the firms rules and allows you to practice and learn how to actually trade better than a regular paper trading account off other brokers or TradingView sets discipline and rules”
“Amazing company This prop firm is by far the best. Clear rules, transparent, and very straightforward for payouts and credentials.”
“No you cannot. You need to wait an hour. Watch YouTube videos, search FTMO banned me or closed my account, FTMO 1% rule, etc. There are people getting wiped off for this rule violation, but how FTMO imposes it is different as I have understood. For some users they give more leniency than to others.”
“Please add “Remember Me” button or Face ID login Great app! Some of us use complex passwords. Please add something to keep from having to type them in each time.”
“Hello Everyone Be careful, these people are scams with their challenges. IT IS NOT FREE, you have to pay to start the challenge and once you pay, they set you goals that are impossible to meet with the metrics!”
Based on 100 Reddit posts and comments, 36 App Store reviews from the last 12 months, checked Oct 23, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.
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FTMO was founded in 2015 in Prague, Czech Republic, by day traders Otakar Šuffner and Marek Vašíček.
FTMO uses a static maximum drawdown of 10% based on the initial balance, alongside a 5% daily loss limit. It does not use a trailing equity drawdown.
FTMO supports MetaTrader 4, MetaTrader 5, cTrader, and TradingView. Traders select their preferred platform during account setup.
Funded traders start with an 80% profit split. This can scale up to 90% through FTMO's Reward Growth plan and Premium Programme.
Yes, traders must complete FTMO Identity verification.
Yes, FTMO offers a Free Trial that is a practice simulation of the FTMO Challenge with similar trading objectives.
Recent public posts from @FTMO_com, shown as published. Not reviewed or endorsed by CryptoReview.
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