$155
Starting From
80% (up to 90% with scaling)
Profit Split
Bi-weekly
Payouts
Static
Drawdown Type
About
FTMO is the original forex prop firm and the gold standard for forex traders globally. Founded in 2015, they’ve paid out over $200 million to traders worldwide and have a rock-solid reputation.
Their two-phase challenge requires 10% profit in Phase 1 and 5% in Phase 2, with a maximum 10% overall drawdown and 5% daily loss limit. You start at 80% profit split and can scale up to 90% with consistent performance.
Important: FTMO does not accept US residents due to regulatory restrictions.
Pros & Cons
Most established prop firm (since 2015)
Excellent reputation and $200M+ payouts
Scale up to 90% profit split
Free retakes if you pass Phase 1
Great educational resources and analytics
NOT available to US residents
Two-phase challenge required
5% daily loss limit is strict
Prices in EUR (€155-€1,080)
Trading Rules
Daily Loss
5% of initial balance
Max Drawdown
10% of initial balance
Profit Target
10% (Phase 1), 5% (Phase 2)
Min Days
4
News Trading
Allowed
Weekend Holding
Allowed