FTMO

FTMO

CEO: Otakar Suffner
Czech RepublicCzech Republic
Trustpilot: 4.8
TP Score (0 reviews)

About FTMO

FTMO, based in the Czech Republic and established in January 2015, is a CFD firm offering 2 Steps and 1 Step program types. Account sizes range from $10,000 to $200,000. Supported platforms include MT5, cTrader, DXTrade and MT4. Tradable instruments include Forex, Indices, Commodities, Stocks and Cryptocurrencies. Leverage options include a Normal setting with 1:100 on Forex and exotic pairs and 1:50 for Metals CFDs, Cash CFDs and Futures CFDs, and a Swing setting with 1:30 on Forex and exotic pairs and 1:15 for Metals, Cash and Futures CFDs.

Key Information

Platforms
cTrader, DXTrade, MT4, MT5
Max Accounts
Unlimited
Max Allocation
$400K
Min Days to Payout
14
Founded
Profit Split
80%

Quick Stats

PlatformscTrader, DXTrade, MT4, MT5
BrokerInstitutional Liquidity Provider
Activation FeeNone
Drawdown TypesDaily, Static
Payout Frequency Bi-weekly or On-Demand
Fee StructureOne-Time
Account TypeDemo

Trading Rules

News Trading
Allowed
Weekend Holding
Allowed
EA / Bots
Allowed
Copy Trading
Allowed
Overnight Holding
Yes
Hedging
Yes
Scalping
Yes
Consistency Rule
Yes
HFT Allowed
No
Martingale
Yes
Swap Free
Yes
IP Consistency
Yes

Consistency Rule: While not a hard rule, FTMO has a "Best Day" guideline for certain account types where your most profitable day should not exceed 50% of your total profit.

EA Details: Legitimate automated strategies are permitted, but High Frequency Trading and arbitrage are forbidden.

News Trading Details: For Standard accounts, no trading 2 minutes before and after high-impact news releases.

Drawdown Basis: Balance

Drawdown Measurement: Absolute

Funding & Account

Fee Structure
One-Time
Account Type
Demo
Fee Refundable
Yes
Free Trial
Yes
Free Retry
No
Reset Option
No
Buyback Option
No
US Traders
Yes
KYC Required
Yes
Account Currencies:
USD
GBP
EUR
CZK
CAD
AUD
CHF

Available Instruments

CFD

Payout Policy

Profit Split
80–90%
Payout Frequency
Bi-weekly or On-Demand
First Payout
14 days
Processing Time
1-2 business days
Min Withdrawal
$52
Payout Methods
Bank Transfer
Crypto
Mastercard
Skrill
Visa Direct

Scaling Plan

Conditions: 10% net profit (total) across 4-month period
Increment: 25%
Max Allocation: $2.0M

Forex Details

Commission
$3.00 per round turn
Max Lot/Order
50

Spreads & Commissions

Asset ClassAvg. SpreadCommission
forex0.03 pips$5 per lot
metals0.10 pips 0.0014%/Volume
crypto0.0325% per side0.0650%/Volume
indices0
commodities0.15%

Banned Countries (77)

Afghanistan
Anguilla
Antarctica
Antigua and Barbuda
Belarus
Belize
Bhutan
Bouvet Island
Burundi
Cape Verde