How much does FTMO cost?
FTMO challenge fees range from $89 for $10K account to $1,080 for $200K account. The $100K account is currently 19% OFF at $439. The fee is refunded on your first profit split, making it essentially free if you pass the evaluation.
What is FTMO's profit split?
FTMO offers an 80/20 profit split (you keep 80%) initially, which can scale to 90/10 after reaching certain profitability milestones. This makes FTMO competitive with the best prop firms in the industry.
Does FTMO allow news trading?
No. FTMO prohibits trading 2 minutes before and after major economic news releases. This rule prevents exploitation of volatile price movements during high-impact events like NFP, FOMC, and CPI announcements.
Can I use Expert Advisors (EAs) with FTMO?
Yes, FTMO allows Expert Advisors and automated trading strategies. However, certain HFT strategies and exploitative EAs that manipulate the platform are prohibited. Always review their terms before deploying bots.
How long does it take to pass FTMO?
There's no time limit on FTMO challenges. Most traders complete Phase 1 in 10-30 days and Phase 2 in 5-15 days, for a total of 15-45 days. Conservative traders may take 60-90 days. Quality over speed.
What happens if I fail the FTMO challenge?
You can retake the FTMO challenge anytime by purchasing a new evaluation. FTMO offers discounted retake pricing and free retry options for traders who nearly passed their previous attempt. Many successful traders failed 2-3 times before passing.
Does FTMO have a consistency rule?
Yes. Your best trading day cannot exceed approximately 30-40% of your total profits during evaluation. This prevents 'lottery ticket' passes and promotes sustainable trading habits. Track your daily performance to avoid violations.
Can I have multiple FTMO accounts?
Yes, you can manage multiple FTMO accounts simultaneously. Many professional traders run 2-4 accounts to diversify strategies and increase total capital allocation. Each account must pass evaluation independently.
How does FTMO compare to Apex Trader Funding?
FTMO offers multi-asset trading (Forex, indices, commodities, crypto) with 80-90% profit split and consistency rules. Apex focuses on futures with 90-100% splits and no consistency rules. Choose FTMO for diverse instruments; choose Apex for pure futures with higher splits.
What platforms does FTMO support?
FTMO provides MetaTrader 4, MetaTrader 5, and cTrader platforms. You can choose your preferred platform during account setup and switch between them if needed. All platforms offer full functionality for evaluation and funded trading.
How often can I withdraw from FTMO?
FTMO processes payouts bi-weekly (every 14 days). You request a withdrawal, FTMO reviews your trading performance for rule compliance, and if approved, funds are sent via wire transfer, PayPal, or cryptocurrency within 1-2 business days.
Is FTMO legitimate and regulated?
Yes, FTMO is a legitimate, registered company based in Prague, Czech Republic. They've been operating since 2015, funded 300K+ traders, and paid out over $200 million. They operate transparently with public statistics and clear terms.
Can I trade crypto with FTMO?
Yes, FTMO offers crypto CFD trading on major cryptocurrencies including Bitcoin, Ethereum, Litecoin, and others. You can trade crypto 24/7 alongside forex, indices, and commodities on the same account.
What is FTMO's maximum account size?
FTMO's maximum single account size is $200K. However, successful traders can scale through the FTMO Scaling Plan, potentially reaching $400K+ in total allocation across multiple accounts based on consistent profitability.
Do I need to trade every day at FTMO?
No. FTMO only requires a minimum of 4 trading days in each phase (Phase 1 and Phase 2). There's no maximum time limit, so you can trade at your own pace—weekly, bi-weekly, or daily based on your strategy and lifestyle.