The world of proprietary trading continues to expand, with traders seeking platforms that offer flexible funding options, reliable evaluations, and robust capital access. FTMO has emerged as one of the leading players in the prop trading industry, garnering attention for its supportive structure and proven track record. In this review, Proprietary News takes an in-depth look at FTMO, covering its evaluation process, trading rules, scaling options, and unique features, providing traders with the details needed to make an informed decision.
About FTMO:
FTMO is a proprietary trading firm designed to give traders access to significant capital once they successfully complete its evaluation process. With a mission to foster traders’ growth without them risking personal funds, FTMO has rapidly gained a strong reputation in the industry. The firm stands out for offering traders the opportunity to scale accounts up to $2 million while benefiting from competitive profit splits.
FTMO’s approach is simple but effective: allow traders to showcase their skills under fair conditions and reward those who demonstrate consistent profitability with fully funded trading accounts. By maintaining high standards and offering flexible trading conditions, FTMO ensures that traders can develop their strategies without unnecessary restrictions.
FTMO Evaluation Process
At the core of FTMO’s offering is its two-phase evaluation system, aimed at filtering out traders who can manage risk and consistently generate profits. The evaluation consists of two steps: the FTMO Challenge and Verification. Let’s explore how these phases work.
FTMO Challenge:
The first phase is the FTMO Challenge, where traders must achieve a 10% profit target within a specified timeframe while adhering to FTMO’s strict risk management rules. These include a maximum daily loss limit of 5% and an overall loss limit of 10%. This phase is designed to test both profitability and discipline, ensuring that traders are not only profitable but also maintain risk control.
Verification:
The second phase, Verification, is a more lenient stage where the profit target is reduced to 5%, but traders must still follow the same risk management rules. This stage ensures that the trader’s success wasn’t a fluke and proves that they can sustain profitability over a longer period. Upon completing both phases, traders gain access to a fully funded FTMO account, where they can trade real capital.
What sets FTMO apart during the evaluation process is the flexibility it offers in trading styles. Whether traders prefer scalping, hedging, or trading during news events, FTMO allows them to use a wide range of strategies—something not always offered by competing firms.
Funded Accounts and Profit Splits
Once traders complete the evaluation, they are granted access to FTMO’s funded accounts, where they can manage capital ranging from $25,000 to $400,000. What makes FTMO particularly appealing is the profit split—traders initially keep 80% of the profits, with the potential to increase this to 90% based on performance and milestones.
FTMO’s profit-sharing model is designed to be highly competitive, allowing traders to benefit significantly from their skills without requiring any personal capital. Additionally, FTMO offers a scaling plan for traders who consistently perform well, providing opportunities to increase account sizes and manage larger portfolios over time. The scaling plan can grow accounts to as much as $2 million, making FTMO one of the most attractive prop firms for ambitious traders.
Trading Platforms and Instruments
FTMO offers access to the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, both of which are industry standards for their advanced charting tools, technical indicators, and automated trading capabilities. These platforms allow traders to deploy sophisticated strategies while benefiting from fast and reliable execution.
In terms of trading instruments, FTMO supports a wide range of markets, including:
- Forex (major, minor, and exotic pairs)
- Commodities (like gold, silver, and oil)
- Indices (US30, NAS100, GER30, etc.)
- Cryptocurrencies (Bitcoin, Ethereum, and other popular digital assets)
This broad selection allows traders to diversify their portfolios and capitalize on opportunities across multiple asset classes.
Educational Resources and Support
FTMO doesn’t just offer capital; the firm also provides traders with a wealth of educational resources designed to help them succeed. The FTMO Academy offers a range of materials, from video tutorials to webinars, that cover key aspects of trading, including risk management, technical analysis, and trading psychology. Additionally, FTMO provides access to daily market insights, analysis tools, and news updates to ensure traders are equipped to make informed decisions.
Customer support is another strong feature of FTMO. Traders can reach out to a dedicated team for assistance, ensuring that any technical or platform-related issues are swiftly addressed.
Scaling Plan and Bonus Features
For traders looking to scale their trading careers, FTMO offers a scaling plan that allows them to gradually increase their account sizes based on consistent performance. This plan rewards traders for meeting specific targets, allowing their capital to grow without added personal risk.
Another unique feature of FTMO is its performance-based bonuses. Traders who maintain consistency and discipline over time can unlock additional benefits and rewards, further motivating them to perform at their best.
FTMO: A Closer Look at the FTMO Experience
FTMO’s trading model focuses on providing traders with the capital and resources they need to succeed while allowing flexibility in trading styles. Unlike some prop firms that impose restrictive rules, FTMO gives traders the freedom to manage their positions based on their preferred strategies.
Moreover, the FTMO Dashboard provides traders with real-time insights into their performance, offering detailed analytics that help them track progress during the evaluation phase and once they are funded.
Bi-weekly payouts allow traders to access their earnings quickly, and FTMO ensures that all withdrawals are processed efficiently, making it easy for traders to access their profits.
Is FTMO Legit?
FTMO has built a solid reputation within the proprietary trading community. With thousands of traders participating in their programs and regular payouts being made, FTMO has proven itself to be a legitimate and trustworthy prop firm. Traders benefit from a transparent process, a supportive community, and a firm that genuinely wants them to succeed.
Final Thoughts: Should You Choose FTMO?
FTMO is one of the leading proprietary trading firms for good reason. Its evaluation process is designed to filter out traders who can manage risk and generate consistent profits, while its funding options provide an excellent opportunity for traders looking to scale up without risking their own capital.
With competitive profit splits, flexible trading conditions, educational resources, and strong support, FTMO offers a well-rounded package that is ideal for both novice and experienced traders. If you’re serious about prop trading and are looking for a firm that provides a fair chance at accessing significant capital, FTMO is a top contender.
Get Started with FTMO:
To get started with FTMO, follow these simple steps:
- Select Your Account Size: Choose an account size that aligns with your trading goals.
- Complete the FTMO Challenge: Prove your skills and risk management ability by passing the evaluation phases.
- Get Funded: Upon completion, access a funded account and start earning with FTMO’s capital.
- Scale Up: As you demonstrate consistent profitability, grow your account size and increase your earning potential.
Ready to take the next step? Visit FTMO today to begin your journey to becoming a fully funded proprietary trader!