FTMO
FTMO is a Czech prop trading firm founded in 2015 and one of the best-known prop firms worldwide; in 2025 it acquired the broker OANDA.
Leveraged trading carries a high level of risk and you may lose all of your capital.
Key facts
- Trading platforms
- MT4MT5cTrader
- Account types
- 2-Step Challenge1-Step ChallengeFTMO Account (Funded)
- Instruments
- ForexMetalsIndicesEnergiesCrypto
- Deposit & withdrawal
- Bank CardCryptoE-wallets
- Features
- Accepts IraniansPersian supportIslamic accountCopy tradingDemo account
Score breakdown
Each criterion is rated 0–5 by our editorial team.
- Trust & Regulation4.6
- Fees & Costs3.8
- Platform & UX4.4
- Deposit & Withdrawal4.4
- Support4.3
- Features & Range4.2
Full review
FTMO was founded in Prague, Czech Republic in 2015 and pioneered the online evaluation-challenge model for prop trading. In 2025 it announced and completed the acquisition of the regulated broker OANDA, a significant corporate step.
FTMO itself is not a regulated financial institution: traders are evaluated on simulated accounts and, once successful, receive a share of simulated profits as a reward. This differs from opening a live account with a broker.
Evaluation routes include a 2-Step (Challenge and Verification) and a 1-Step challenge, with daily and overall loss limits and profit targets. Trader profit share is up to 90%, and on the 2-Step route the fee is refunded with the first reward. MT4, MT5 and cTrader are supported, with leverage up to 1:100.
Challenge fees start from about €89 for a $10k account. Payment is via card, crypto and e-wallets. FTMO does not accept residents of sanctioned countries, including Iran.
Last updated: Oct 6, 2026
Pros & cons
- One of the most established prop firms
- Up to 90% profit split
- Fee refund on the 2-Step route
- MT4, MT5 and cTrader
- Owns regulated broker OANDA
- Higher fees than some rivals
- Strict daily loss rules
- Accounts are simulated
- Does not accept Iranian users
Licences & regulation
Tier 1 means the strictest oversight.
User reviews
- 5 stars0
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- 2 stars0
- 1 stars0
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