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FTMO Review (2026)

The most established prop firm — rules, payouts, and what traders actually say.
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In short: FTMO is the largest and longest-running prop firm in the space, with a strong payout track record, up to a 90% profit split, and no time limit on its evaluations. Its trade-offs: a higher 10% first-phase target than some newer rivals, and payouts that aren't published on-chain, so you can't independently verify them. Prices start around $85.

FTMO rules at a glance

Item
Evaluation1-step (10%) or 2-step (10% then 5%)
Max daily loss5% (2-step) · 3% (1-step)
Max overall loss10%
Profit splitUp to 90% (2-step starts 80%, scales to 90%)
Time limitNone — no strict minimum trading days
Payout methodsBank wire, crypto, Skrill, Visa Direct, Mastercard Send
On-chain verifiable payoutsNo
Account sizes$10k · $25k · $50k · $100k · $200k
From~$85 (1-step $10k)

Figures reflect FTMO's standard terms as of July 2026 and can change — always confirm the current rules and price on FTMO's official website before buying.

How the FTMO evaluation works

FTMO offers a 1-step and a 2-step route. On the 2-step, you hit a 10% target in Phase 1, then a 5% target in verification, staying inside a 5% max daily loss and 10% max overall loss. There's no time limit, so you're never forced to overtrade to beat a clock.

Payouts

Funded traders keep up to 90% of profit, paid through several methods including bank wire and crypto. FTMO's years of payout history are its single biggest advantage over any newer firm. What it doesn't offer is on-chain verifiable payouts — you trust the dashboard rather than checking a transaction hash yourself.

Pros & cons

Pros

  • Longest track record in the industry
  • No time limit; up to 90% split
  • Multiple payout methods incl. crypto
  • Well-known, widely reviewed brand

Cons

  • Higher 10% first-phase target than some rivals
  • Payouts not verifiable on-chain
  • Not available in every country
  • Pricier entry than the cheapest firms

How FTMO compares

See how FTMO stacks up against every other firm in our side-by-side comparison, or read the individual reviews of FundedNext, Funding Pips, LEVAFX.

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Disclosure: The Funded Traders is operated by the team behind LEVAFX, which is one of the firms we compare. We review every firm against the same criteria and state the trade-offs plainly. Reviews are submitted by traders and moderated for spam only; we don't edit opinions. Not financial advice. Verify current terms on FTMO's official site.