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FTMO, founded in 2015 and headquartered in the Czech Republic, has emerged as one of the most respected proprietary trading firms in the industry. With an impressive Trustpilot rating of 4.8 from over 13,000 reviews, the firm has built a strong reputation for its transparency, quality of service, and innovative approach to funding traders. Backed by Institutional Liquidity Providers and with a physical address listed publicly, FTMO positions itself as a trustworthy and reliable choice for traders seeking financial backing.
FTMO’s core appeal lies in its 1-Step, 2-Step, and Direct Funding plans designed to cater to traders of various skill levels. The two-step challenge process (FTMO Challenge and Verification) requires traders to meet profit targets of 10% in the first step and 5% in the second step. This structured approach filters out unqualified traders while helping those with genuine potential to prove their capabilities. Successful traders receive an 80% profit split, which can scale up to 90% for consistent performance.
FTMO offers an extensive range of trading instruments, including Forex, Commodities, Indices, Stocks, and Cryptocurrencies. Traders can choose from widely-used platforms like MT4, MT5, FTMO cTrader, and FTMO DX Trade, accessible across devices including Windows, MacOS, Android, and iOS. Additionally, there is no maximum trading period, allowing traders to maintain open positions overnight and on weekends without penalty.
Leverage is available up to 1:100, making it an attractive option for traders looking to maximize returns. This applies to a wide array of asset classes, including Forex, Commodities, and Cryptocurrencies. FTMO stands out by offering a competitive drawdown limit of 10%, allowing traders more room for strategic decision-making during volatile market conditions.
FTMO’s financial structure is another highlight, offering traders their first payout just 14 days after starting, with bi-weekly payouts thereafter. The firm’s profit-sharing plan starts at 80% and can reach 90%, rewarding traders for consistent profitability. The firm also offers a balance-based drawdown model and a scaling plan for traders seeking long-term growth, ensuring alignment between firm success and trader performance.
With a large social media presence—216,000 Facebook followers, 22,660 LinkedIn followers, and active profiles on Instagram, YouTube, and TikTok—FTMO has cultivated a robust community of traders. The CEO, Otaka Suffner, maintains a public LinkedIn profile, further promoting transparency, though his limited social engagement might leave some questions regarding direct communication. However, the firm compensates with detailed guides and tips on its website, plus access to trading psychologists, enhancing support for traders beyond the technical aspects of trading.
FTMO’s combination of flexible funding options, industry-leading trading platforms, and strong community support has earned it a top spot among proprietary trading firms. The firm’s commitment to trader success is reflected in its accessible evaluation process, timely payouts, and supportive educational resources. For traders seeking a credible partner with a proven track record, FTMO remains a compelling choice. The high Trustpilot rating and positive payment reviews reinforce its reputation as one of the best options in the prop trading space.
