ESTABLISHED 2015 // IMPECCABLE PAYOUT RECORD
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FTMO Review 2026

The Uncontested Gold Standard of Prop Firm Funding Since 2015

100% Impeccable Payout Record
No Evaluation Time Limits
FCA-Grade STP Execution
Bi-Weekly Payout Frequency
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4.9 / 5.0Pete's Rating
Verified Specifications
Prop Score4.9 / 5.0 Rating
Profit Target10% Step 1, 5% Step 2
Max Overall Loss10% Static Floor
Entry FeeRefundable from €155

"FTMO remains the safest bet for any trader who values capital security and reputation over "cheap" fees. While their rules are strict, their payout history is impeccable. If you can pass FTMO, you are a professional trader."

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Pristine Payout Record

$150M+ processed reliably with zero delay issues

Static Max Loss

10% static overall limit (does not trail your balance)

Premium Desk Tools

Access custom-built Mentor App, Margin Calc & Quick Trade

Professional Transparency

Drawdown may earn a referral commission if you open an account via our links. This never influences our recommendations — we only feature brokers and platforms we have personally used or thoroughly evaluated. See our full Review Methodology.

VERDICT
FTMO
4.9 / 5.0Pete's Score
//Pete's Honest Take

"FTMO remains the safest bet for any trader who values capital security and reputation over "cheap" fees. While their rules are strict, their payout history is impeccable. If you can pass FTMO, you are a professional trader."

01 // Overview

Introduction & Background

FTMO is widely considered the gold standard of the prop firm industry. Founded in 2015, they have survived multiple regulatory shifts and industry collapses that wiped out dozens of competitors. But in 2026, with a flood of cheaper "high-stakes" firms entering the market, does FTMO still provide the best value for serious traders?

02 // Specifications

Verified Challenge Parameters

Profit Split
Up to 90%
Max Leverage
100:1
Profit Target
10% (Step 1), 5% (Step 2)
Max Drawdown
10%
Daily Limit
5%
Entry Fee
Refundable from €155

What We Like

  • Highest reputation in the industry
  • Proprietary trading apps and tools
  • Bi-weekly payouts after first month
  • No time limit on evaluation phases

What We Don't Like

  • Relatively high profit targets
  • Strict daily drawdown rules
  • Higher evaluation fees than newer competitors
03 // Challenge

Challenge Structure & Rules

FTMO relies on a standardized 2-Step Evaluation process. Phase 1 (10% target) has no time limit, followed by Phase 2 Verification (5% target), also with no time limit. Upon passing both, you receive a funded account demo and a full refund of your entry fee with your first payout.

Registration Fees & Refund PolicyFees range from €155 for a $10k account up to €1,080 for a $200k account. The fee is fully refundable with your first profit withdrawal, effectively making the evaluation free if you are successful.
04 // Risk Limits

Drawdown & Loss Rules

Daily Loss Limit

FTMO implements a 5% daily drawdown limit, calculated based on the previous day's midnight CET balance or equity, whichever is higher. Violating this rule at any millisecond results in immediate account breaches.

Maximum overall Drawdown

FTMO has a maximum static drawdown limit of 10% of the initial account balance. Unlike some newer firms, this limit does not trail your balance or equity, meaning it remains fixed relative to your starting size.

05 // Growth

Splits & Scaling Plans

Funded FTMO Traders receive an 80% profit split by default. However, if you qualify for the scaling plan, your profit split can scale up to 90%. Payouts can be requested bi-weekly on-demand.

Hyper Scaling Opportunity

The FTMO scaling plan increases your account size by 25% every 4 months, provided you meet the consistency criteria: achieving at least 10% net profit (20% for aggressive accounts) across four consecutive months, with at least two payouts processed.

06 // Payouts

Payout History & Processing Speed

FTMO is legendary for its payout speed and reliability. Since 2015, they have paid out over $150M+ to retail traders globally, processing wire transfers, crypto (BTC, USDT), and Skrill/Neteller requests in under 8-24 hours.

07 // Alternatives

Alternative Choices

The5%ers

4.8

Swing trading and scaling programs

FundedNext

4.7

Balance-based drawdown models

Pete's Verdict

FTMO remains the safest bet for any trader who values capital security and reputation over "cheap" fees. While their rules are strict, their payout history is impeccable. If you can pass FTMO, you are a professional trader.

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Frequently Asked Questions

Q: How long does it take to get paid by FTMO?

After you become an FTMO Trader, payouts are available on-demand every 14 days.

Q: Does FTMO allow news trading?

Yes, news trading is allowed on the evaluation accounts. However, restrictions apply to certain "Swing" account types on the funded stage.

Free Trader Resource

Download the 30-Day Evaluation Challenge Checklist PDF

Make sure you stay in line with daily limits, consistency schedules, and profit requirements with our visual tracker checklist.

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