FTMO Review: Pros and Cons of the Prop Firm

Last updated on March 20, 2025 Reading time: 13 Min.
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Written by: Andre Witzel
Johannes Striegel
Fact checked by: Johannes Gresham
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Rating by Witzel Trading
FTMO Ratings:
Profit Share
5 / 5
Platforms
4 / 5
Support
4 / 5
Tools
3.2 / 5
Trust Score
55 / 100
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WR Trading has evaluated online trading platforms for over 12 years, earning respect in the industry. We gather extensive data points annually and publish meticulously researched reviews. Our thorough testing process analyzes critical aspects such as usability, fees, customer service, and trading features. We aim to provide unbiased, data-driven assessments to help traders make informed decisions. Learn more about our rigorous testing methodology and why traders worldwide trust our evaluations. Read our review methodolgy.
Facts about the prop trading firm
Free Trial: Yes
Costs: €155, €250, €345, €540, €1,080
Challenge: Two-step Evaluation - FTMO Challenge & Verification to Become an FTMO Trader
Minimum Trading Days: 4
Drawdown: 10% or less
Profit Share: 80/20 Split with a Growth Chance of 90%
Minimum Balance: $10,000
Instant Funding: Yes
Withdrawals: 14 Days Withdrawal Period
Payment methods: Bank Transfer, Visa Card, Skrill, MasterCard, Maestro, Discover
Trading Instruments: Forex, CFDs, Crypto, Indices, Commodities
Platforms: MT4, MT5, cTrader, DXtrader
Support: +44 20 3322 2983 or Live Chat
FTMO Pros And Cons list:
  • There’s no trading time limit for the prop accounts. You can buy one and keep it perpetually.
  • You get your money back after passing the three stages of the evaluation.
  • FTMO has guaranteed payouts. You’ll surely get your profit share if you uphold the rules.
  • The two-step challenges are relatively easy to pass. Good traders with excellent risk management skills have great chances of profitability and success.
  • You can trade many instruments and symbols, including Forex, CFDs, Cryptocurrency, and Indices.
  • You can fund your account with different currencies, including USD, GBP, EUR, CZK, CAD, AUD, and CHF.
  • FTMO offers an economic calendar.
  • You cannot use FTMO if you live in the United States of America, The Russian Federation, India, North Korea, Cuba, Iran, South Sudan, and Sudan, to name a few.
  • FTMO accounts are costlier than other alternatives.
Visit website Warning: Your Capital is at Risk!
Johannes Striegel
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The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Your capital can be endangered. Trading Forex, Futures, Options, CFD, Binary Options, and other financial instruments carry a high risk of loss and are not suitable for all investors. 60-90% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. The texts on this page are not investment recommendations.

Trading Futures and Options on Futures involves a substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not indicative of future results.

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