FTMO
Why this zone
Yellow, not green: the funded account is simulated, so the firm earns from fees. Not red: 10+ years, published prices and contracts, payouts confirmed by traders, and only 3% 1-star reviews out of 53,000+. What pulls it down: discretionary rules such as a per-trade limit that is not published.
In short
The oldest and best-known challenge firm, with clear prices and both contracts published before you buy. But the funded account is simulated: the firm's income is challenge fees, not your profit, and you can lose half of its real risk in a single day.
Firm details
- Website
- ftmo.com
- Founded
- 2015
- Challenge company
- FTMO Evaluation Global s.r.o., Prague
- Funded company
- FTMO Trading Global s.r.o., Prague
- Group
- Owns broker OANDA since Dec 2025
- What you trade
- Forex, indices, commodities, crypto, stocks — all as CFDs
- Platforms
- MT4, MT5, cTrader, DXtrade, TradingView
- Price
- From €79; 2-Step fee refunded with first payout
- Profit split
- 80–90%
- Payouts
- First not earlier than day 15
- Growth
- +25% every 4 months, up to $2M
- Regulated
- No — simulated trading only
Score by category
Strengths
- Longest track record among challenge firms (since 2015)
- Prices and both contracts published before you buy
- No payout cap
Watch out for
- Funded account is simulated — the firm earns from fees
- You can lose 50% of the real risk in one day
- A per-trade risk limit can be set for you; the number is not published
- One breach can close all your accounts
Who it fits
Fits: traders who understand it is a paid simulation and want a long track record.
Doesn't fit: anyone looking for trading as a job with real capital.
Access: worldwide, with country restrictions.
Simulated account after you pass = you trade against the firm.
Real account with real money = your profit is its profit.
Last changes
We check this firm twice a week.