FTMO
FTMO is a Prague-based prop trading evaluation company founded in 2015 that uses a two-step challenge (FTMO Challenge + Verification) with unlimited time, strict 5% max daily loss and 10% max loss limits, and Normal or Swing funded account types. Traders keep an 80% reward split (up to 90% via scaling) and can build up to a $400,000 max allocation before scaling, with the Scaling Plan allowing growth up to $2,000,000 for eligible, rule-compliant traders.
Program Type & Scaling
• Two-step Evaluation: FTMO Challenge (Step 1) + Verification (Step 2), both with unlimited time
• Account types after passing: FTMO Account Normal (news/weekend restrictions) or FTMO Account Swing (no news/weekend restrictions)
• Platforms: MT4, MT5, cTrader, DXtrade
• Max account size: up to $200,000 per account; max capital allocation: $400,000 per trader/strategy prior to scaling
Scaling Plan
FTMO’s Reward Growth and Scaling Plan rewards eligible traders with a 25% balance increase and a higher 90% reward split. With repeated successful scaling cycles, FTMO Accounts can be increased up to a maximum initial balance of $2,000,000 (conditions apply, and the account must remain compliant with all rules).
Daily Loss Limit
Maximum Daily Loss
FTMO applies a 5% Maximum Daily Loss. It is calculated from the account’s balance at midnight CE(S)T (platform time) each day and includes the running total of the day’s closed trades + floating P/L, including commissions and swaps. If the daily limit is exceeded at any time, the account fails.
Maximum Overall Loss
Maximum Loss
FTMO applies a 10% Maximum Loss (overall loss limit). This is a static cap measured against the account’s starting balance, and it is evaluated on equity (closed + floating results, including trading costs). Breaching it at any time results in account failure.
Drawdown Model
Drawdown Model
FTMO uses static loss limits: a daily loss limit that resets at midnight (platform time) and an overall loss limit based on the starting balance. Both limits include floating P/L and trading costs (commissions/swaps), so equity protection matters as much as closed P/L.
Leverage
| Forex | 100 |
| Crypto | 3.3 |
Broker
FTMO is not a broker; it provides simulated trading services and a technical solution where platform pricing/data feeds are powered by liquidity providers.
Commissions
Commissions
FTMO offers Standard and Raw spread account types. Standard accounts are generally commission-free.
For Raw accounts, FTMO updated commissions in Sep 2025: Forex & Metals use a per-side commission model (e.g., $2.50 per side per lot), while Indices and Energies are commission-free; remaining instruments follow symbol-specific specifications shown in FTMO’s tradable symbols list.
Tradable Assets
FX, Indices, Commodities, Stocks, Crypto
News & Event Trading
Evaluation (FTMO Challenge + Verification): news trading is allowed freely during all releases.
FTMO Account (Normal): for specified high-impact announcements and targeted instruments, you must not open or close trades (including SL/TP triggers) in the 2 minutes before to 2 minutes after the release.
FTMO Account Swing: news trading restrictions do not apply.
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