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Forex & CFDs

FTMO review

FTMO has run since 2015 and holds a 4.8 Trustpilot rating. Its 50K 2-Step Challenge costs €345, uses a static 10% max loss and refunds the fee with your first reward; the newer 1-Step costs €319 but trails on balance and is not refundable.

Visit FTMO

Opens ftmo.com

50K price
€345main plan
Profit target
€5,000on 50K
Max loss
€5,000static
Consistency
Nonerule applies to
Profit split
80% (90% scaling)to the trader
Payouts
From day 14
Day 1Day 2Day 3Day 4Day 5

Static max loss

Your loss limit sits at a fixed level below the starting balance and never moves. Profits widen your cushion instead of tightening it.

Account balance Loss limit
Illustration with a $2,000 limit, not this firm's exact numbers.

No public FTMO code right nowWe did not find a discount published by FTMO when we checked on October 16, 2026. Firms run sales often, usually announced on their own site first.
Check the site

Who FTMO fits

Forex and CFD traders who want an established firm and a static drawdown. US traders are served by a separate entity, FTMO US (with OANDA), priced in USD at prices that may differ. The default 2-Step split is 80%; 90% needs the Scaling Plan or the Premium Programme.

FTMO plans compared (50K)

50K accountFTMO Challenge 2-StepFTMO Challenge 1-Step
Steps2-step1-step
Price (50K, list)€345 one-time€319 one-time
Activation fee€0€0
Profit target€5,000€5,000
Max loss€5,000€5,000
Drawdown typeStatic (10% of the starting balance)End-of-day trailing on balance (10%)
Daily loss limit€2,500€1,500
Consistency ruleNoneBest day at most 50% of total profit
Minimum trading days4 (per phase)—
Profit split80% (90% with the Scaling Plan)90%
PayoutsFirst reward from day 14, then on requestFirst reward from day 14, then on request

Account sizes offered: 10K, 25K, 50K, 100K, 200K.

Trading rules and fine print

News tradingRestricted: on Standard FTMO (funded) accounts, no order execution 2 minutes before or after selected high-impact news on affected instruments. Challenge/Verification phases and Swing accounts are exempt
Bots and EAsAllowed, within limits: platform caps of 200 open orders and 2,000 positions a day; more than 2,000 server requests a day is forbidden; third-party EAs risk breaching the max capital allocation rule
Copy tradingRestricted: third parties may not trade your account; identical trading across accounts (including from signal groups or copy services) can be suspended if it exceeds the $400,000 max capital allocation per trader/strategy
Overnight and weekendChallenge/Verification phases and Swing accounts: overnight and weekend allowed. Standard FTMO Account: positions must be closed before market breaks longer than 2 hours (e.g. weekends); overnight on weekdays is allowed
PlatformsMT4, MT5, cTrader, TradingView
InstrumentsForex, indices, commodities (metals, energy), stocks and crypto CFDs (simulated). US version: 42 forex pairs plus 3 US indices, gold, silver, crude oil and BTCUSD
US tradersAccepted
Restricted countriesNo service to residents of about 70 countries/regions, including Russia, Belarus, Iraq, Indonesia, Kazakhstan, Uzbekistan, Kosovo, Venezuela and occupied parts of Ukraine. Iran, Syria, Myanmar and North Korea nationals are excluded, with conditional EEA-residency exceptions for some. US clients go to ftmo.oanda.com; Australia to ftmo.com/au/. https://ftmo.com/en/faq/who-can-join-ftmo/
Payout methodsBank wire, Visa Direct / Mastercard Send (up to $20,000), Skrill (up to $3,000), Crypto
CompanyFTMO s.r.o. (ID 031 36 752), FTMO Evaluation Global s.r.o. (ID 092 13 651) and FTMO Trading Global s.r.o., Purkyňova 2121/3, 110 00 Prague, Czech Republic. US: JV Prop Corporation, 1209 Orange Street, Wilmington, DE 19801, USA
Founded2015

Every FTMO rule explained

What works

  • Founded 2015 in Prague; Trustpilot 4.8 from 54,479 reviews
  • 2-Step fee is refunded with the first reward; static 10% max loss and no time limit
  • Swing account type (2-Step) allows news trading and weekend holding
  • Accepts US traders through a separate US entity (FTMO US / OANDA)
  • Scaling Plan of +25% every 4 months, up to $2M

What to watch

  • 2-Step default split is 80%; 90% needs Scaling Plan or Premium Programme
  • 1-Step uses an EOD trailing max loss and a 3% daily limit; fee not refundable
  • Standard funded accounts restrict news trading (±2 min) and holding over market breaks longer than 2h
  • Prices are in EUR on the global site and in USD (different amounts) on the US site, so they are hard to compare
  • Simulated accounts only; no published route to a live account

Rule and price changes in 2026

WhenWhat changed
2026-10-121-Step: Consistency rule (best day at most 50% of total profit) replaces the Best Day Rule for new orders and merged accounts source
2026-021-Step FTMO Challenge launched (10% target, 3% daily, 10% EOD trailing max loss, 90% split, 50% Best Day rule) (reported by a third-party tracker) source

FTMO promo code and current discount

Sources

Checked October 16, 2026. We link the firm's own pages wherever we can. If something changed, tell us.

  1. ftmo.com/en/ — programs, platforms, sizes up to $200K
  2. ftmo.com/en/trading-objectives/ — targets, daily/max loss, drawdown types, min days, 1-Step consistency rule
  3. ftmo.com/en/comparison-table/ — official 'starts from' fees €89 (2-Step) / €79 (1-Step) / €169 (Instant), drawdown types, refund, consistency, account types
  4. ftmo.com/en/2-step-challenge/ — 2-Step objectives, refundable fee
  5. ftmo.com/en/1-step-challenge/ — 1-Step objectives, 90% split, 20% off $100K promo
  6. ftmo.com/en/faq/what-fees-do-you-charge-and-are-they-recurrent/ — one-time fee, 2-Step refund
  7. ftmo.com/en/faq/how-do-i-withdraw-my-profits/ — payout methods, 14-day timing, splits, minimums
  8. ftmo.com/en/faq/can-i-trade-news/ — news restriction
  9. ftmo.com/en/faq/can-i-hold-positions-overnight-or-over-the-weekend/ — holding rules
  10. ftmo.com/en/faq/what-is-the-swing-account-type-and-how-does-it-work/ — Swing vs Standard
  11. ftmo.com/en/faq/which-instruments-can-i-trade-and-what-strategies-am-i-allowed-to-use/ — EAs, instruments
  12. ftmo.com/en/faq/how-many-accounts-can-i-have/ — max capital allocation, copy trading
  13. ftmo.com/en/forbidden-trading-practices/ — forbidden practices
  14. ftmo.com/en/faq/who-can-join-ftmo/ — restricted countries, US via ftmo.oanda.com
  15. ftmo.com/en/imprint/ — legal entities
  16. ftmo.com/en/faq/how-do-the-ftmo-and-ftmo-us-affiliate-programmes-differ/ — FTMO US entity (JV Prop Corporation)
  17. ftmo.com/en/faq/who-can-join-ftmo/in-which-currency-are-my-commissions-calculated-and-paid/ — challenges priced in each programme's own currency (EUR global, USD US)
  18. ftmo.oanda.com/ — FTMO US: US-only, JV Prop Corporation + OANDA Prop US Corporation, MT5/TradingView
  19. ftmo.oanda.com/faq/what-will-be-the-size-of-my-ftmo-rewards-account/ — account sizes 10K-200K
  20. ftmo.com/en/reward-growth-and-scaling-plan/ — scaling plan
  21. ftmo.com/en/affiliate-programme/ — affiliate rates
  22. ftmo.com/en/blog/trading-updates/trading-update-8-oct-2026/ — 12 Oct 2026 rule change
  23. trustpilot.com/review/ftmo.com — Trustpilot
  24. thegodfunded.com/en/firms/ftmo/challenges — SECONDARY: 50K prices €345 (2-Step) / €319 (1-Step)
  25. propfirmmap.com/blog/ftmo-review-2026-trustpilot-rating-safety-grade-challenge-prices — SECONDARY: same EUR prices, dated 2026-05-26
  26. ftmo.com/en/ — 50K prices (EUR), targets, daily and max loss, minimum days, refund, consistency for 2-Step and 1-Step (checked in browser)

Questions traders ask

Is the FTMO fee refundable?

The 2-Step Challenge fee is refunded with your first reward. The 1-Step fee is not refundable.

What currency are FTMO prices in?

Euros on FTMO's global site (€345 for the 50K 2-Step). FTMO US for US traders prices in US dollars.

What drawdown does FTMO use?

FTMO's main 50K plan uses static drawdown with a max loss of €5,000, as of October 16, 2026.

How much does a FTMO 50K account cost?

The list price of FTMO's cheapest main 50K plan was €345 when we checked on October 16, 2026. Discounts often lower this; see the FTMO promo code page.

Does FTMO accept US traders?

Yes, according to FTMO's own pages as of October 16, 2026.