FTMO
Disclosure score 73/100 — Partially documented. This measures how much FTMO publishes about its own rules on the pages we have verified. It is not a judgement of whether the firm is good, and a low score can simply mean we have not read enough of its site yet.
FTMO is partially documented at 73/100: 5 of 9 criteria published in full, 2 in part, and 2 not found on the pages we read. If you are choosing on regulator or licence or restricted countries, read the firm's own pages before you pay.
Published in full
- Daily loss limit fully specified15/15
- Maximum loss limit fully specified15/15
- Consistency rule formula published12/12
- Soft-breach rules disclosed10/10
- Legal entity identified10/10
Published in part
- Payout terms fully specified6/15
- Rule changes dated and traceable5/7
Not found on the pages we read
- Regulator or licence disclosed0/8
- Restricted countries named0/8
Not found is not "does not exist" — it is where our reading stopped.
Why you can trust this page
Every figure comes from FTMO's own terms, rules or help pages (Tier B) or a legal document or register (Tier A); nothing from aggregators or review sites is used to state a fact. The score is nine published criteria with nine published weights — recompute it from the table below. Outbound links may earn a referral fee; they cannot move a score, a rank, or a word on this page.
How the 73/100 breaks down
Every weight is published. Add the right-hand column and you get the score — no hidden weighting, no editorial adjustment. If you disagree with a line, you can say exactly which one.
| Criterion | Weight | Awarded | What it means here |
|---|---|---|---|
| Daily loss limit fully specified | 15 | 15 | Percentage, basis, whether it is measured on balance or equity, and the reset time. All four, or partial credit. |
| Maximum loss limit fully specified | 15 | 15 | Percentage, static or trailing, and the reference point it trails from. |
| Consistency rule formula published | 12 | 12 | The formula, not just the percentage. An explicit “no consistency rule” scores full marks. |
| Payout terms fully specified | 15 | 6 | Split, frequency, profitable-day requirements and minimum amounts, for every cycle offered. |
| Soft-breach rules disclosed | 10 | 10 | Profit deductions, warning systems and split reductions that cost money without closing the account. |
| Legal entity identified | 10 | 10 | Entity name, jurisdiction and company registration number. |
| Regulator or licence disclosed | 8 | 0 | A named regulator and licence number, or a clear statement that there is none. |
| Restricted countries named | 8 | 0 | The actual list, not a generic clause about unlawful jurisdictions. |
| Rule changes dated and traceable | 7 | 5 | Changes carry effective dates and state whether existing accounts are affected. |
| Total | 100 | 73 |
Plans and rules
Objectives
Drawdown
A $100,000 account, day one
- Account closed
- Trading day over, account survives
- Room to lose on day one
- Profit still needed to pass phase one
Risk rules
Payout
Permissions
Execution
Account sizes & list price
| Size | List price | |
|---|---|---|
| $10,000 | €89 EUR | |
| $25,000 | €250 EUR | |
| $50,000 | €345 EUR | |
| $100,000 | €540 EUR | currently €439 on promotion |
| $200,000 | €1,080 EUR |
Source: ftmo.com/en/trading-objectives/ Tier B HIGH verified 2026-09-04
Objectives
Drawdown
A $100,000 account, day one
- Account closed
- Trading day over, account survives
- Room to lose on day one
- Profit still needed to pass phase one
Risk rules
Payout
Soft breaches — where money disappears without the account closing
Breaching the Best Day Rule is not an account breach. The trader simply cannot pass, or cannot take a reward, until the best day falls to 50% or less of Positive Days' Profit.
Permissions
Execution
Account sizes & list price
| Size | List price | |
|---|---|---|
| $10,000 | €79 EUR | |
| $25,000 | €199 EUR | |
| $50,000 | €319 EUR | |
| $100,000 | €499 EUR | currently €399 on promotion |
| $200,000 | €999 EUR |
Source: ftmo.com/en/trading-objectives/ Tier B HIGH verified 2026-09-05
Rule change history
Who you are actually contracting with
Most firms split the simulated-trading operator from the execution entity. Which entity you face can depend on the platform you pick, and that changes your counterparty risk. Nobody else puts this in a comparison.
- Jurisdiction
- Czech Republic
- Reg. no.
- 092 13 651
- Regulator
- Not yet verified?
Named in the FTMO Challenge Terms and Conditions (last updated 4 August 2026, Tier A): registered office Purkyňova 2121/3, Nové Město, 110 00 Prague 1. Governing law and courts: Czech Republic. Czech commercial register (justice.cz) not read directly; aggregators report file C 332660, Municipal Court in Prague, registered 2 June 2020 — unverified.
- Jurisdiction
- Czech Republic
- Reg. no.
- 094 18 415
- Regulator
- Not yet verified?
Per the Challenge T&C, this separate company may offer the FTMO Trader Program under its own 'FTMO Account Terms and Conditions' — a document not yet read. Same registered office.
- Jurisdiction
- Czech Republic
- Reg. no.
- Not yet verified?
- Regulator
- Not yet verified?
The group also owns OANDA, an international broker licensed in eight markets including the US, UK, EU, Australia and Japan, and the proprietary trading firm Quantlane. Note carefully: OANDA holds those licences, FTMO does not. Group ownership is a structural fact, not a regulatory status for the prop product.
Alternatives with a 2-Step plan
Sources, and what we could not verify
| Source | Tier | Confidence | Covers | Dated |
|---|---|---|---|---|
| ftmo.com/en/terms-and-conditions/ (FTMO Challenge Terms and Conditions, PDF, 22 pages) | Tier A | HIGH | Contracting entities with Czech identification numbers and registered office; governing law and courts; Clause 15 — seven calendar days' notice of any change to the Terms via User Area or email, with a right to reject and terminate; Clause 3.12 — Challenge fee non-refundable; 'Restricted Jurisdictions' defined at FTMO's discretion, no list. Funded-stage payouts sit in the separate FTMO Account Terms, not read. | 2026-08-04 |
| ftmo.com/en/trading-objectives/ | Tier B | HIGH | 1-Step and 2-Step objectives, drawdown, best day rule, minimum trading days | 2026-05-13 |
| ftmo.com/en/press-kit/ | Tier B | HIGH | Founding year and founders, group structure, brand assets, self-reported scale figures | 2026-08-17 |
| ftmo.com/en/#pricing | Tier B | HIGH | 2-Step challenge fees by account size in EUR, 'up to 90%' reward share, 100% fee refund. Prices carry no dated stamp and change with promotions. | No usable date |
| ftmo.com/en/#pricing (1-Step tab) | Tier B | HIGH | 1-Step fees €79–€999 by size (read 2026-09-05), 90% reward, 3% daily / 10% max, unlimited period, 50% Best Day Rule, fee non-refundable. $100K carried a 20%-off banner (€399 vs €499). | No usable date |
Our commercial position on FTMO
Affiliate status
No account We are not currently an affiliate of FTMO and earn nothing if you sign up. There is no discount code on this page because we do not have one.
Their published terms: Terms not read yet.
Programme page: ftmo.com · Brand assets: press kit · We publish this whether or not it flatters us, because a reader cannot judge a review without knowing who pays for it.
Not verified
Fee refund — marketing vs contract— The pricing page says the 2-Step fee is refunded with the first reward. Clause 3.12 of the Challenge T&C says the fee is not refundable 'under any circumstances'. The refund is presumably paid as part of the first reward under the separate FTMO Account Agreement — which, per the Challenge T&C, is an individual contract offered on passing and is not published on ftmo.com (only a 2022 copy circulates on third-party sites, which we do not use). Both statements are recorded; neither is treated as wrong.Payout cycle and minimums— The pricing page says 'up to 90%' and confirms a full fee refund. Frequency, minimum amounts and any profitable-day requirement are not on the pages read; the Challenge T&C do not cover the funded stage.Regulator / licence— No regulatory licence disclosed on the pages read. We assert nothing either way.1-Step minimum trading days— Documented for 2-Step only. Unclear for 1-Step.Restricted countries— The site references jurisdictions where use would be unlawful without naming them.Company registration number— Not published. The press kit gives founders, address and group structure but no registry number.
Terms & Conditions · Official trading rules · Official site
Logo used under nominative fair use for identification in a comparative review, taken from FTMO's own site — ftmo.com/en/press-kit/. FTMO does not endorse this site.
Guides that cover FTMO
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Prop Firms With No Daily Drawdown: What Replaces the Rule
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Prop Firm Profit Deduction Rules: Soft Breaches Explained
Some prop firm rules take your profit without closing your account. See how prop firm profit deduction rules work at FundingPips, FTMO and A… · 7 min
Questions about FTMO, answered from the record
How is the FTMO daily loss limit calculated?
On FTMO Challenge: 2-Step, the daily loss limit is 5% of the balance recorded at day start, measured on equity, including floating P/L, resetting at 00:00 CE(S)T. That basis is the part most comparison tables leave out, and it changes the dollar floor from day two onward.
Is the FTMO maximum drawdown static or trailing?
Static floor: 10% from initial balance on FTMO Challenge: 2-Step. The floor is set once and does not move as the account grows.
Does FTMO have a consistency rule?
No. FTMO publishes an explicit statement that no consistency rule applies to FTMO Challenge: 2-Step.
Has FTMO changed rules retroactively?
Not on our record. 0 rule changes logged for FTMO, none applied to accounts that already existed.
What is the FTMO disclosure score?
73/100, computed from nine published criteria with published weights. It measures how much FTMO publishes about its own rules, not whether the firm is good.