FTMO Review: Fees, Rules and Payout Mechanics
The industry benchmark since 2015 with the longest payout track record among forex prop firms. Static drawdown and no consistency rule make it mathematically the most trader friendly evaluation structure. Completed its acquisition of OANDA in December 2025. Below: every rule that governs the FTMO evaluation and funded account, with a side-by-side comparison to the firms most often considered alongside it.
Choose your FTMO account
2 programs audited from the June 2026 master dataset. Pick a program and size to see the exact rules that apply.
- Fee
- €540
- Profit split
- 80–90%
- Max drawdown
- 10% = "0,000
- Daily loss
- 5% = $5,000
- Profit target
- P1 10% / P2 5%
- First payout
- 14 days default
- Payout cadence
- 14-day default / on-demand
- Consistency
- None
All sizes priced for Challenge 2-Step5 tiers
| Size | Fee | Currency |
|---|---|---|
| $10K | €89 | EUR |
| $25K | €250 | EUR |
| $50K | €345 | EUR |
| $100K | €540 | EUR |
| $200K | €1,080 | EUR |
Notes:Standard or Swing; 100% fee refund
Compare account sizes
| Variant | DD Type | Min Days | Cycle | Speed | Cap %/$ | Consistency | First payout |
|---|---|---|---|---|---|---|---|
| FTMO Challenge 2-Step | Static | 14 | 14-day default / on-demand | Hours to 1-2 days | — | None | Day 14 |
| FTMO Challenge 1-Step | EOD Trailing | 14 | 14-day default | Hours to 1-2 days | — | 50% best-day | Day 14 |
The industry benchmark since 2015 with the longest payout track record among forex prop firms. Static drawdown and no consistency rule make it mathematically the most trader friendly evaluation structure. Completed its acquisition of OANDA in December 2025.
| Size | Eval | Reset |
|---|---|---|
| $10K | €89 | €89 |
| $25K | €155 | €155 |
| $50K | €250 | €250 |
| $100K | €540 | €540 |
| $200K | €1,080 | €1,080 |
Fee refund: Yes (with 1st payout, 2-Step only)
Longest track record, $200M+ paid, static drawdown, no consistency rule
$400K scaling cap, no futures, news restrictions on funded accounts, US traders via FTMO US only
80 to 90%
Maximum achievable split
Get alerted when FTMO changes prices or rules
One email per detected change at this firm. Nothing else.
What traders say
Verified Trustpilot excerpts at FTMO, last reviewed 2026-06-25. 17,800 total reviews. We display excerpts, we do not author ratings. Open on Trustpilot ↗
“First payout landed in under 48 hours via Rise. Dashboard is dated but the rules are exactly what they advertise and support actually reads what you write.”
“Two losses on a Friday afternoon and I hit the static drawdown faster than I expected. No surprise on the rule, but the 10 percent is tighter than it sounds when volatility spikes.”
Compare FTMO against
95% profit split (Stellar), 15% profit share during challenge, news trading allowed in evaluation, 24hr payout guarantee
Scale to $4M, 100% split at top tier, 10 year track record, 4.8 Trustpilot
Fully configurable parameters, up to 100% split, multi asset coverage, on demand payouts
Head-to-head matchups featuring FTMO
Rule-by-rule comparisons against the firms most often considered alongside FTMO.
Pick FTMO if you weight track record, regulated broker infrastructure and the absence of a consistency rule above all else. Pick FundedNext if you want a higher headline split (up to ninety five percent), unrestricted news trading and twenty four hour payout processing, and you can accept a younger firm with a forty percent consistency rule.
Pick FTMO if longevity, regulated execution and operational maturity matter most. Pick FundingPips if you want lower fees, a higher cap on the profit split and faster onboarding, accepting that the firm has roughly four years of operating history versus FTMO's ten.
Pick FTMO if you want a single, well-understood product with the largest payout history. Pick The5ers if you want a smaller starting account (from $2.5K), the option of a 1, 2 or 3-step path, and a profit split that scales toward 100 percent through the funded programme.
Pick Apex if you want US futures market access through Tradovate or Rithmic, one-time fees and the largest payout track record in the futures space. Pick FTMO if you want forex, indices, metals and crypto through MT4, MT5 or cTrader, with the longest payout history in that category.
Pick FTMO for the longest verifiable payout history and OANDA-backed infrastructure. Pick E8 Markets for its wider evaluation catalogue and higher headline split ceiling.
Pick FTMO if you want the industry benchmark for track record and a single well-understood ruleset. Pick FXIFY if you want per-purchase configurability and on-demand payouts.
Pick FTMO if you want MT4, MT5 or cTrader access to forex, indices and metals, or a 1 to 2 days first payout window fits your cashflow. Pick Topstep if you want US futures on Rithmic or Tradovate rather than spot FX, or the "49/month entry fee at the 100K tier changes your break-even maths. Neither firm is objectively better; the wrong one is the firm whose rules you will forget under pressure.
Pick FTMO if you want MT4, MT5 or cTrader access to forex, indices and metals, or a static 10% drawdown gives you a fixed floor to plan against. Pick My Funded Futures if you want US futures on Rithmic or Tradovate rather than spot FX, or the ~"07/month entry fee at the 100K tier changes your break-even maths. Traders who plan to hold overnight or through news should read the specific policy on each firm's site before committing capital.
Pick Alpha Futures if you want US futures on Rithmic or Tradovate rather than spot FX, or the "65 one-time entry fee at the 100K tier changes your break-even maths. Pick FTMO if you want MT4, MT5 or cTrader access to forex, indices and metals, or trading without a consistency rule matches how you actually size positions. The realistic decision comes down to which of the two rule sets you will still respect after a losing week.
Pick FTMO if you want MT4, MT5 or cTrader access to forex, indices and metals, or trading without a consistency rule matches how you actually size positions. Pick Tradeify if you want US futures on Rithmic or Tradovate rather than spot FX, or the ~"39/month entry fee at the 100K tier changes your break-even maths. Traders who plan to hold overnight or through news should read the specific policy on each firm's site before committing capital.
Pick Earn2Trade if you want US futures on Rithmic or Tradovate rather than spot FX, or the ~"50/month (TCP100) entry fee at the 100K tier changes your break-even maths. Pick FTMO if you want MT4, MT5 or cTrader access to forex, indices and metals, or the ninety percent headline split materially affects your annual take. Traders who plan to hold overnight or through news should read the specific policy on each firm's site before committing capital.
Browse FTMO in context
Quick facts
- MarketsForex, Indices, Commodities, Crypto, Stocks
- Account sizes"0K to $200K
- Evaluation1-Step or 2-Step
- Min trading days4
- Time limitUnlimited
- US tradersVia FTMO US / OANDA only
- Payout methodsWire, Skrill, Crypto
- Trustpilot4.8 / 5
Disclaimer: This is independent editorial research based on public firm documentation and trader reports. We are not affiliated with FTMO. Information was last verified on 20 July 2026 and prop firm rules can change without notice. Always read the firm's current terms before purchasing an evaluation.