FTMO isn’t your typical brokerage. It’s a prop trading firm that’s flipping the script on how traders access capital. Instead of risking their own funds, FTMO lets traders prove their skills through its famous FTMO Challenge. If they pass, they get access to a fully funded trading account. It’s a dream for traders tired of burning their money on risky trades.
Founded in 2015, FTMO offers access to forex, stocks, indices, commodities and cryptocurrencies. it provides traders with top-tier tools, Performance Coaches and risk management systems to ensure they don’t blow up their accounts. While the challenge fees can be high, the firm’s 80% profit-share model and strong support system make it an appealing option for serious traders looking to level up.
- 24/7 client support in 16 languages
- Free Trial available before committing
- Leader in Modern Prop Trading
- Access to Performance Coaches for skill improvement
- High challenge fees compared to some competitors
- Trading fees for certain symbols
FTMO Ratings at a Glance
- FTMO Product Offering
- Supported Assets
- Pricing
- See All 9 Items
FTMO Product Offering
Instead of letting traders deposit their own money, FTMO funds traders who pass its evaluation process. Here’s how it works:
- FTMO Challenge: Traders pay a one-time fee to take an evaluation where they must prove profitability under strict risk management rules.
- Verification: Those who pass the Challenge move on to a second round with easier requirements.
- FTMO Trader: If a trader successfully completes both steps, they get funded with an account size ranging from $10,000 to $200,000 and keep 80% of the profits.
The appeal is obvious: trade with serious capital without risking your own money. But here’s the catch: FTMO enforces strict risk management rules, and if you fail to meet them, you’ll have to restart.
Supported Assets
FTMO offers over 100 tradable assets across multiple markets, making it a great choice for traders who want diversification.
- Forex: Major, minor and exotic currency pairs
- Indices: Global indices like the S&P 500, DAX, and NASDAQ
- Commodities: Gold, silver, crude oil and more
- Stocks: Individual shares of major companies
- Cryptocurrencies: Bitcoin, Ethereum and other popular assets
FTMO doesn’t offer ETFs, futures or options, so if those are your go-to markets, you'll need to look elsewhere.
FTMO’s pricing revolves around its Challenge fees, which vary based on the account size you want to trade.
| FTMO Challenge Account | Fee |
| $10,000 | €89 |
| $25,000 | €189 |
| $50,000 | €318 |
| $100,000 | €540 |
| $200,000 | €1,080 |
The good news? The Challenge fee is refunded when you pass and become an FTMO Trader. There are no hidden costs, deposit requirements or withdrawal fees. However, traders do pay trading fees on certain symbols (such as metals and U.S. equities) and overnight swap fees for holding positions.
FTMO provides 24/7 support in 16 languages, a rare feature among prop firms. Traders can reach out via:
- Live chat
- Email support
- Discord community
Customer feedback is generally positive, with fast response times, but some traders wish there was phone support for urgent issues.
FTMO is not a traditional broker, meaning traders never deposit their funds, so there’s no risk of losing personal capital.
FTMO enforces strict risk management rules to protect traders and uses internal security measures to prevent fraud. Payments are securely processed, and account verification ensures that payouts are sent to the rightful trader.
Since FTMO doesn’t handle direct deposits, there’s no risk of funds being mismanaged or stolen, a huge security advantage over traditional brokers.
FTMO offers a smooth, streamlined experience across its trading platforms, which include:
- MetaTrader 4 (MT4) & MetaTrader 5 (MT5)
- cTrader
- DXtrade
Traders can choose their preferred platform, and FTMO provides performance analytics tools, risk management dashboards and a trading journal to help traders improve. The account setup is fast, and the evaluation process is structured, making FTMO one of the most user-friendly prop trading firms.
FTMO vs. Competitors
FTMO isn’t the only prop trading firm out there. Competitors like My Forex Funds, TopStep and The5ers offer similar funding models. Here’s how they compare:
- Best For:Experienced and beginner forex, indices, and metal tradersVIEW PROS & CONS:securely through The5ers's website
- Best For:Futures TradersVIEW PROS & CONS:securely through Apex Trader Funding's website
FTMO sets the gold standard in transparency, risk management and trader support, but some competitors offer a higher profit split or larger max funding accounts.
FTMO is the leader in modern prop trading, offering a trusted, structured way for traders to get funded without risking their money. With a wide selection of assets, excellent risk management tools, and strong customer support, it’s an elite choice for traders who can pass its rigorous evaluation.
Frequently Asked Questions
Does FTMO really pay?
Yes, FTMO pays traders who pass its Challenge and Verification process. Traders receive 80% of their profits, with withdrawals processed through secure payment methods.
Is FTMO allowed in the U. S.?
FTMO does not accept U.S. traders due to regulatory restrictions. U.S.-based traders can look at competitors like TopStep, which fully complies with U.S. laws.
Is FTMO good for beginners?
FTMO is best for experienced traders. While beginners can take the Free Trial to practice, the evaluation process is tough, and most traders who lack experience will struggle to pass.