FTMO Review – Is It One of the Best Prop Firms in Forex?

FTMO Review – Is It One of the Best Prop Firms in Forex?

FTMO is widely recognized as one of the best prop firms forex traders can choose, known for its reliability, structure, and transparency. The fee structure is clear, with upfront evaluation costs and no hidden charges. This level of transparency makes it a trusted choice in the industry.

What people says about FTMO

Their customer support is responsive and professional, often resolving queries within minutes through live chat or email. The trading platforms supported MT4, MT5, and cTrader are stable and fast, offering a smooth trading experience with very little downtime.

Account setup is quick, and funding happens promptly after passing the challenge and verification stages. Spreads are competitive, especially for major forex pairs, although some traders may notice slight differences during news events.

FTMO offers a profit split of up to 90%, which is among the best in the industry. Their drawdown rules are strict but clearly defined, with a 10% max loss and 5% daily loss limit fair for disciplined traders. Payouts are processed on time, usually within a few working days, and without unnecessary delays.

The evaluation process is achievable, especially for traders with consistent strategies. Unlike some firms with tricky conditions, FTMO’s rules are simple, realistic, and trader-friendly.

What makes FTMO unique is their blend of structure, support, and community reputation. They provide an advanced dashboard for performance tracking, educational resources, and offer capital scaling for consistent performers.

Traders exploring alternatives to FTMO might also consider Top One Trader for its one-phase challenges and weekly payouts, or The Funded Trader which offers multiple challenge options and creative funding paths. For traders who prefer instant funding, The 5%ers is another popular option with a unique growth model.

FTMO

Website: ftmo.com

About: FTMO is one of the best prop firms in forex, offering traders access to up to $400,000 in capital. It is well known for its transparent fee structure, timely payouts, reliable platforms, and structured evaluation process. FTMO supports MT4, MT5, and cTrader and offers profit splits up to 90% after successful verification.

Funding Model Two-Phase Challenge
Profit Split Up to 90%
Max Capital $400,000
Payout Cycle Monthly (Can be advanced after 14 days)
Drawdown Limits 5% Daily / 10% Max
Challenge Duration 30 Days + 60 Days (Verification)
Platforms Supported MT4 / MT5 / cTrader
Allowed Strategies Scalping, Swing, EA, News Trading
Support Hours 24/5 Live Chat & Email
Eligibility Global (Excl. Sanctioned Countries)

Available Funding Packages

Package Capital Fee Model Profit Split
Basic $10,000 €155 Two-Phase 80%
Standard $25,000 €250 Two-Phase 80%
Pro $50,000 €345 Two-Phase 80%
Advanced $100,000 €540 Two-Phase 90%
Elite $200,000 €1,080 Two-Phase 90%

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4 2 votes
How transparent were their fees and charges?
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How satisfied are you with their customer support?
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How reliable was the trading platform?
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How fast was the account setup and funding process?
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How much you satisfied with broker spread rate?
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How fair is the profit-sharing percentage offered?
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How reasonable is their daily or overall drawdown rule?
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How fast was the payout once requested?
3.5 2 votes
Was the evaluation process fair and achievable?
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