FTMO Pros & Cons

Pros

  • +Most recognized and trusted prop firm globally
  • +Static drawdown — doesn't trail your profits
  • +Refundable evaluation fee on first payout
  • +Wide instrument selection (forex, indices, crypto, commodities)

Cons

  • -Two-step evaluation process takes longer than single-step firms
  • -Higher fees than some competitors ($540 for $100K)
  • -80% starting split is lower than firms like Apex (100%)

Frequently Asked Questions about FTMO

What are the FTMO drawdown rules?
FTMO uses a static drawdown model. The maximum loss is 10% of the initial account balance, and the daily loss limit is 5%. Both are calculated based on balance or equity (whichever is lower). These limits never change regardless of your profit.
How much does FTMO cost?
FTMO evaluation fees range from €155 for a €10K account to €1,080 for a €200K account. The fee is fully refundable after your first successful payout on the funded account.
How does the FTMO two-step challenge work?
Phase 1 (FTMO Challenge): Reach a 10% profit target with a 10% max loss and 5% daily loss limit. Phase 2 (Verification): Reach a 5% profit target with the same loss limits. Both phases require a minimum of 4 trading days. There is no time limit.
What is FTMO's profit split?
FTMO starts at an 80/20 split (80% to the trader). Through their scaling plan, traders can increase this to 90/10 by maintaining consistent profitability over 4+ months with 10%+ total profit.
What instruments can you trade with FTMO?
FTMO offers forex pairs, indices, commodities, stocks, and crypto. They support MT4, MT5, cTrader, and DXtrade platforms.