FTMO
The original 1-step / 2-step challenge prop firm
4.7Prop FirmsMin $155
FTMO is the largest and best-known retail prop trading firm, headquartered in Prague. Offers funded accounts up to $400,000 after a two-step evaluation. Pays out 80–90% profit split, scales account size on consistent profitability.
Pros
- Funded accounts up to $400K (scalable to $2M)
- 80% profit split standard, 90% with consistency program
- No time limit on the Verification phase (after challenge)
- Trade on MT4, MT5, cTrader or DXtrade — your choice
Cons
- Challenge fee is non-refundable if you fail
- Daily 5% drawdown and 10% max drawdown rules are strict
- EU/UK retail leverage limits apply
Fees
Challenge fees scale with account size: €155 for $10K, €250 for $25K, €345 for $50K, €540 for $100K, €1,080 for $200K. Refunded on first payout after funding.
Regulation
Registered in the Czech Republic. Prop firm activity is largely unregulated in the EU. FTMO does not hold a brokerage licence — trades are simulated until funding.
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