Overview
FTMO has been running since 2015 out of Prague, Czech Republic. What tends to matter most to traders here is the combination of the up to 90% profit split and the Static drawdown model. We break down whether that combination actually works in your favour further down.
Getting funded runs through a 2-Step evaluation, with drawdown tracked on a Static basis — worth understanding before you start, since it decides how much room you really have on a bad day. You’ll be trading on MT4, MT5, cTrader, keeping up to 90% of what you make. Withdrawals were processing in 1–3 business days when we last checked. The tabs above break each of these down — rules, platforms, and payout experience — with the fine print that actually matters.
✅ What We Like
- Strongest payout track record in the industry — 8 years
- Fee fully refunded on first payout
- News trading allowed on all accounts
- Full cTrader support (rare among top firms)
- Up to 90% profit split
- $400K max funded account
❌ What Could Be Better
- No weekend holding — positions must be closed by Friday 11pm
- High phase 1 fee on large accounts ($540 for $100K)
- Copy trading not permitted
Score Breakdown
Evaluation Rules
The drawdown here is static — your loss limit is fixed from the starting balance and never moves up as you profit. If you start a $100K account with a 10% max drawdown, the floor stays at $90K no matter how high your equity climbs. This is the most forgiving model for traders who bank profits early, because winning never shrinks your room for error.
Trading Rules at a Glance
| Rule | Status |
|---|---|
| News Trading | Allowed ✓ |
| Weekend Holding | Not Allowed |
| EAs / Robots | Allowed ✓ |
| Copy Trading | Restricted |
| Challenge Fee Refundable | Yes ✓ |
| Drawdown Type | Static |
Trading Platforms
The long-standing industry standard for forex. Huge EA library, familiar to almost every retail trader, still the platform most automated strategies are built for.
MT4's successor — faster backtesting, more timeframes, depth-of-market, and native support for more asset classes. Most newer firms have standardised on it.
Known for clean charting and transparent level-II pricing. Favoured by scalpers for its execution detail. Rare among prop firms, so support here is a genuine differentiator.
Payouts
Payout reliability matters more than any headline number — a generous split means nothing if withdrawals stall. FTMO was processing withdrawals in 1–3 business days when we last verified this review, and the challenge fee is refunded once you reach your first payout — effectively making the evaluation free if you pass and withdraw. If you've withdrawn from this firm recently and your experience differs, use the report link at the bottom of this review.
Our Honest Verdict
FTMO remains the benchmark all other prop firms are measured against. Eight years of payouts, a transparent Czech company structure, and the only firm we know of where the fee is fully refunded on your first withdrawal. The no-weekend-hold rule is the main restriction that filters out certain strategies.
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