FTMO Review 2026: An In-Depth Guide - Rules, Payouts, and Discount

FTMO stands out in this FTMO review 2026 as one of the longest-running and most trusted prop firms, with a proven record of timely payouts and clear rules that help disciplined traders succeed. Founded in 2015 and headquartered in Prague, the firm serves traders across 140 countries through simulated funded accounts ranging from $10,000 to $200,000.

Evaluation programs follow a 1-step structure with fixed loss limits and zero minimum trading days on the listed plans. Profit splits reach 90% once funded, and account scaling rewards consistent performance. Traders evaluating multiple options can cross-reference details on Lune's prop firm comparison platform to match rules with their strategy and risk tolerance.

Current Deals and Promo Codes

FTMO currently lists no active public promo codes as of June 15, 2026. The firm focuses on straightforward one-time challenge fees that range from $79 for the $10,000 1-step account to $999 for the $200,000 version.

These prices already include the activation fee and grant access to a 90 percent profit split once funded. Traders who want the latest offers should visit the official FTMO site or check Lune's prop firm directory for any future updates.

What Is FTMO?

Company Background

FTMO launched in 2015 and is headquartered in Prague, Czech Republic. The firm provides simulated funded accounts to traders worldwide through structured evaluation programs. It has grown to serve more than 3.5 million customers across 140 countries. FTMO has paid out over $500 million in simulated profits since inception, including $75 million in 2023 alone.

The company focuses on forex trading via MT4, MT5, and cTrader platforms. Account sizes range from $10,000 to $200,000, with profit splits reaching 90 percent for funded traders.

Key Differentiators

FTMO stands out for its transparent rule set and consistent payout record. Its Trustpilot rating sits at 4.8 out of 5 from roughly 43,656 reviews, with most praise centered on support speed and withdrawal reliability. Evaluation pass rates hover between 5 and 10 percent overall, a figure that aligns closely with industry medians but reflects FTMO's strict emphasis on daily loss limits and minimum trading days.

Unlike many newer entrants, FTMO maintains separate Standard and Swing account types. Standard accounts restrict news trading, while Swing accounts remove that limit. This structure helps traders match rules to their style without switching firms.

Recent developments include a completed partnership with OANDA that expands access for US traders in 2026. This move positions FTMO to compete more broadly while keeping its core focus on risk discipline. Note that FTMO operates in forex while Lune focuses exclusively on futures prop firms such as Apex Trader Funding and Topstep.

How FTMO Works in 2026

FTMO operates a simulated prop trading model that lets traders prove their skills on evaluation accounts before accessing larger funded capital. The process stays straightforward and rule-focused, with clear profit targets and loss limits that reward discipline.

Evaluation Process

Traders begin by selecting one of five 1-step challenge sizes on the FTMO site. Here is the exact sequence based on current rules:

1. Sign up at FTMO and choose an account size. A $50,000 challenge costs $319 one-time and sets a $5,000 profit target.
2. Trade the evaluation account while staying inside the $1,500 daily loss limit and $5,000 end-of-day trailing drawdown.
3. Reach the profit target with no minimum trading days required. The challenge ends once the target is hit.
4. Receive results review. Passing moves you directly to the funded phase with a 90 percent profit split.

The model keeps rules consistent across account sizes. A $100,000 challenge raises the profit target to $10,000, daily loss to $3,000, and drawdown to $10,000, while the price rises to $449.

Funded Account Phase

Once funded, traders manage a simulated account under the same drawdown rules. Profits are paid at 90 percent, and consistent performance unlocks scaling. For example, a trader who grows a $50,000 funded account to $62,500 (a 25 percent gain) can request a scale-up review after four months.

FTMO remains one of the most established prop firms in 2026, with transparent payouts and a focus on risk discipline that helps serious traders avoid common breaches.^[5]

Traders comparing multiple firms should review real challenge data side by side. Lune's prop firm directory at lunefi.com/prop-firm/ftmo provides updated rules and pricing for FTMO alongside 47 other firms. Always verify current terms directly on the provider site, as prop trading carries risk of account loss on rule breaches.

FTMO Account Options and Pricing

FTMO runs all its evaluations as 1-step challenges. Each plan sets a profit target, daily loss limit, and end-of-day trailing drawdown. Prices are one-time fees with no monthly charges.

The $100,000 plan delivers the strongest price-to-account ratio at roughly $4.49 per thousand dollars of buying power. The $50,000 option follows closely at $6.38 per thousand. Smaller accounts cost more per dollar of size, while the $200,000 plan sits in the middle at $5 per thousand. Traders should match account size to their proven strategy scale rather than chase the largest option. Higher balances increase the absolute dollar risk even though percentages stay the same.

Lune's prop firm directory lists these exact numbers alongside 46 other firms so you can run side-by-side comparisons without switching tabs. Check the latest rules on the official FTMO site before purchase, as drawdown types and news restrictions can shift.

Rules of the FTMO Program

Trading Rules

FTMO enforces strict trading rules across its 1-step evaluations. The firm does not permit news trading, overnight holding, weekend holding, swing trading, or scalping on Standard accounts. Algo bots, copy trading, hedging, DCA, and martingale strategies are also disallowed. Consistency rules apply, and the minimum trading days requirement stands at zero across all listed challenges.

What This Means For You: These restrictions force a disciplined, intraday approach. You must close every position before the market closes each day, which reduces gap risk but eliminates many longer-term setups. With zero minimum trading days, you can finish the evaluation faster if your strategy produces quick, consistent results.

Risk Management Rules

Risk parameters vary by account size but follow a consistent structure. Daily loss limits range from $300 on the $10,000 account to $6,000 on the $200,000 account. The maximum drawdown uses an end-of-day trailing method and equals 10 percent of the starting balance in each case. For example, the $50,000 challenge sets a $1,500 daily loss limit and $5,000 max drawdown.

What This Means For You: The trailing drawdown resets only at the close of each trading day. A single large loss early in the day can lock in a tighter threshold for the rest of the session. This setup rewards precise position sizing and stop placement more than raw directional accuracy. FTMO's rules emphasize capital preservation over aggressive growth. The 90 percent profit split becomes available only after you meet every parameter. Lune's built-in risk tools can help you mirror these exact limits across connected prop accounts before you start an evaluation.

Payout Structure and Profit Sharing

FTMO offers traders a profit split of up to 90 percent on simulated profits once they reach funded status. This structure applies across the 1-step challenges listed in their current offerings. Payout frequency and minimum amounts are not fixed in the challenge data. Traders typically request withdrawals on demand after meeting performance criteria, with no stated first payout delay or minimum threshold in the provided plans.

Consider a concrete case. If you generate $5,000 in profits on a $50,000 account with the 90 percent split, your payout would be $4,500. FTMO reports over $500 million paid to traders worldwide since 2015, with strong Trustpilot feedback on reliable processing. FTMO remains one of the more established firms for consistent payouts. For side-by-side details on splits, fees, and rules across dozens of other options, check Lune's prop firm directory at lunefi.com/prop-firm.

High failure rates on evaluations mean most traders never reach the payout stage. Focus on risk rules first.