FTMO is a proprietary trading firm founded in Jan 2015 and headquartered in Czech Republic. Traders pay a one-time evaluation fee to prove their skill, then trade up to $400K and keep 80% of the profits.

How much does the FTMO challenge cost?

The cheapest published FTMO challenge starts at $79. Use code PICKR for an exclusive discount on top.

What is the profit split at FTMO?

FTMO pays out 80% of trader profits.

Is there a discount code for FTMO?

Yes — use code PICKR at checkout for an exclusive discount on every FTMO challenge. The discount applies to all account sizes and stacks with the firm's own promotional sales when available. See the dedicated FTMO discount code page at https://propfirmpickr.com/prop-firms/ftmo/discount-code for verified savings and step-by-step redemption.

How fast does FTMO pay out?

FTMO processes funded-trader payouts on a withdrawals available on a regular basis once you reach funded status schedule with a minimum payout of N/A. See the Payouts tab for the full breakdown.

FTMO has a 4.6★ rating from 196 reviews on Trustpilot and has been operating since Jan 2015. We list verified payouts and current challenge specs above.

Home Prop Firms FTMO

Last updated · May 2026FTMO discount code & coupons 2026

FTMO

Name: FTMO
Brand: FTMO
Rating: 4.6 (196 reviews)

CEO

Otakar Suffner

Country

Czech Republic

Trust Pilot

4.8

Date Created

Jan 2015

Years In Operation

4.6

196 total reviews

138

Official Website

FTMO

4.6196 reviews

€101 off all FTMO challenges site-wide — applied automatically with code PICKR.

Profile Plans14 Trader Feedback196 Promos1

Firm Overview

Broker

Institutional Liquidity Provider

Platforms

cTrader

DXTrade

MT4

MT5

Payment Methods

Apple Pay

Bank Transfer

Credit/Debit Card

Crypto

Google Pay

Nuvei

PayPal

Skrill

Payout Methods

Bank Transfer

Crypto

Skrill

FTMO is a Prague-based proprietary trading firm founded in 2015 that has grown into one of the industry's more recognized names, serving traders across multiple continents through regional entities. The firm operates a two-tier challenge structure—its signature 2-Step program and a streamlined 1-Step alternative—across account sizes ranging from $10,000 to $200,000. Traders gain access to professional platforms including MT4, MT5, cTrader, and DXTrade, with trading opportunities spanning forex, indices, commodities, stocks, and cryptocurrencies. FTMO's risk framework emphasizes consistent performance over volatile swings, enforcing daily profit caps and minimum trading activity requirements to discourage gambling-like behavior. The firm accommodates international clients through dedicated regional partnerships, notably serving Australian and US-based traders via affiliated entities. With a 4.6-star rating across nearly 200 reviews, FTMO appeals to disciplined traders seeking transparent rules, multiple payout methods, and clear pathways to scaling capital.

Instruments and Assets

Type of Instruments

CFD

Assets

FXEnergyCryptoIndicesMetalsStocks

Leverage

Asset	Instant	1-Step	2-Steps	3-Steps
FX	n/a	1:100	1:100	n/a
Energy	n/a	1:30	1:30	n/a
Crypto	n/a	1:3	1:3	n/a
Indices	n/a	1:50	1:50	n/a
Metals	n/a	1:30	1:30	n/a
Stocks	n/a	1:3	1:3	n/a

Commissions

$5 per lot

Energy

Crypto

0.0650%/Volume

Indices

Metals

0.0014%/Volume

Stocks

0.0040%/Volume

Consistency Rules

No consistency rules documented for this firm yet.

Firm Rules

Best Day Rule

On the 1-Step Standard evaluation and funded phases, no single day's profit may exceed 50% of your total accumulated profit. This constraint encourages steady trading rather than outsized, high-risk days.

Minimum Trading Days

For 2-Step Standard and Swing programs, you must trade on at least 4 days during the evaluation phase. The 1-Step Standard has no minimum trading day requirement.

News Trading

News trading is permitted for Swing account holders in both evaluation and funded phases. For Standard accounts, news trading is only allowed during evaluation; once funded, it becomes restricted.

Weekend and Rollover Positions

Funded Standard account traders cannot hold positions over weekends or across market rollovers exceeding 2 hours. Swing traders face no such restriction, allowing for more flexible holding periods.

Capital Allocation Limits

Standard traders may access up to $400,000 per identical strategy; Prime members receive $600,000, while Supreme Prime members unlock $1,000,000. Accounts exceeding these caps with matching strategies risk suspension.

Position Sizing Consistency

You must avoid opening positions significantly larger or substantially different in number from your typical trades. This rule prevents sudden shifts in position management that could indicate risky behavior.

Risk Guidance Framework

FTMO recommends limiting risk to 1–1.5% of your initial account balance per trade. Traders exceeding this guidance may face monitoring, warnings, or protective account restrictions to discourage reckless trading patterns.

Third-Party and Multiple Accounts

Your account must remain under your sole control; third-party trading is prohibited. Opening multiple profile accounts is also not permitted, ensuring one trader operates one trading entity.

Forbidden Trading Practices

FTMO reserves discretionary authority to identify and restrict overleveraging, overexposure, one-sided bets, and account rolling strategies. The firm maintains detailed guidance on prohibited practices to help traders stay compliant.

Australian and US Client Access

Traders in Australia can access FTMO services through the affiliated VRGK entity at ftmo.com/au/, while US-based clients can use the OANDA-affiliated platform at ftmo.oanda.com for regulatory compliance.