Upon successful completion of the evaluation course, you are offered a placement in the FTMO Proprietary Trading firm where you can remotely manage the FTMO Account with a balance of up to 200,000 USD. Your journey to get there might be challenging, but our educational applications, account analysis and performance coach are here to help you on the endeavour to financial independence.
FTMO is a proprietary trading firm engaged in the active development of an international fund that focuses on retail traders, aiming to offer investors a well-rounded portfolio while assisting traders in their quest for financial independence. Within FTMO, talent is highly assisted and favored. The team consists of committed professionals, but the true foundation of FTMO’s achievements lies in the powerful collaboration among their teams and the atmosphere that characterizes the company. This supportive environment enables individuals to enhance their skills on both an individual level and as a team.
FTMO Company Information
You can learn more about FTMO’s company details in the spreadsheet below.
| Company Information | FTMO |
|---|---|
| Incorporation | September 2015 |
| Location | Prague, Czech Republic |
| CEO | Otakar Suffner |
| Maximum Account Size | Evaluation Program: $200,000 |
| Trading Platform | MetaTrader 4, MetaTrader 5, cTrader |
| Broker | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions |
Founded in September 2015, FTMO is a proprietary trading firm with headquarters in Prague, Czech Republic, led by CEO Otakar Suffner. They provide traders with an opportunity to participate in a single distinct funding plan, offering account sizes of up to $200,000. Traders gain access to trading accounts through a tier-1 liquidity provider with the best simulated real market trading conditions, and they have the option to utilize MetaTrader 4, MetaTrader 5, or cTrader as their trading platform.
Funding Plans
FTMO offers a single distinct funding program to traders worldwide.
Evaluation Program
| Account Sizes | One-time Fee |
|---|---|
| $10,000 | €155 |
| $25,000 | €250 |
| $50,000 | €345 |
| $100,000 | €540 |
| $200,000 | €1,080 |
| Trading Parameters | Parameter Values |
|---|---|
| Phase 1 Profit Target | 10% |
| Phase 2 Profit Target | 5% |
| Daily Drawdown | 5% |
| Maximum Drawdown | 10% |
| Leverage | 1:100 |
| Minimum Trading Day Requirements | 4 Calendar Days |
| Maximum Trading Day Period | Phase 1: No Time Limitations Phase 2: No Time Limitations |
| Profit Split | 80% Up To 90% |
Normal Evaluation Scaling Plan
Normal Evaluation Program accounts have a consistency-based scaling plan. This means that you are required to reach a profit of 10% or more within a four-month period. Out of the four months, two have to be positive (one of them being the last one). By meeting all the objectives, FTMO will increase your initial account balance by 25%.
FTMO Two-step Comparison
Two-step Comparison of FTMO & E8 Funding (Normal)
| Trading Parameters | FTMO | E8 Funding (Normal) |
|---|---|---|
| Phase 1 Profit Target | 10% | 8% |
| Phase 2 Profit Target | 5% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 8% (Scaleable To 14%) |
| Leverage | 1:100 | 1:100 |
| Minimum Trading Day Requirements | 4 Calendar Days | No Minimum Trading Days |
| Maximum Trading Day Period | Phase 1: No Time Limitations Phase 2: No Time Limitations | Phase 1: No Time Limitations Phase 2: No Time Limitations |
| Profit Split | 80% Up To 90% | 80% |
Two-step Comparison of FTMO & FundedNext (Stellar)
| Trading Parameters | FTMO | FundedNext (Stellar) |
|---|---|---|
| Phase 1 Profit Target | 10% | 8% |
| Phase 2 Profit Target | 5% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Leverage | 1:100 | 1:100 |
| Minimum Trading Day Requirements | 4 Calendar Days | 5 Calendar Days |
| Maximum Trading Day Period | Phase 1: No Time Limitations Phase 2: No Time Limitations | Phase 1: No Time Limitations Phase 2: No Time Limitations |
| Profit Split | 80% Up To 90% | 80% Up To 90% |
Community Trustpilot Feedback
FTMO has an excellent rating on Trustpilot, where we can find numerous comments from their community. They have over 7,700 comments with an excellent rating of 4.8/5, where they are rated as five stars by 93% of all the individuals.
Conclusion
To conclude the review, we can clearly see that FTMO is a reputable proprietary trading firm with various attractive features. They provide traders with the flexibility to choose from an evaluation program with different account sizes. When it comes to community feedback, they have an excellent Trustpilot rating of 4.8/5. After going through everything FTMO has to offer, they can be considered a very attractive option within the proprietary trading firm industry.
FTMO Review Details
