What is the
Why it works for both sides
Learning & rewards Empowerment
Growth and learning. Traders can test their skills, learn from setbacks, and earn performance-based rewards.
Serious Traders Synergy
Traders success is our engine. By identifying disciplined talent, we build a community of traders that drives our mutual growth.
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trusted platform
3.5M+
Customers
$500M+
In rewards
10+ years
Since 2015
140+
Countries Served
FTMO Challenges provide traders with an environment that simulates real market conditions
Our challenges simulate real-world trading conditions by utilising a simulated trading environment. This includes elements such as trading fees, swaps, spreads, and trading hours, mirroring the conditions you would experience in a real trading environment. This setup provides traders with a realistic trading experience.
By participating in the FTMO Challenge, traders gain valuable insights and experience while building essential skills.
More information on FTMO Challenge rules can be found here, as well as expert tips to boost chances of passing.
Advantages
Hear from Our FTMO Verified Prop Traders
Trader Name
What is a Forex Funding Program?
A 'Forex Funding Program', often referred to as a prop trading program, is an industry-wide established term used to describe a process designed to provide traders with access to simulated capital for trading in the foreign exchange (forex) markets.
What is a Forex Funding Trading Challenge?
A 'Forex Funding Challenge' is an industry wide established term used to describe a component of the Funding Program where traders must complete specific trading tasks and meet certain performance metrics to qualify for a simulated funded account – the FTMO Rewards Account. These challenges are designed to test a trader’s skills, discipline, and ability to manage risk. FTMO offers an account with up to $200,000 in a simulated capital.
What is a Forex Funded Trading Account
A 'Forex Funded Trading Account' is an industry-wide established term used to describe an account of simulated trading capital provided by a modern prop trading firm to traders who successfully complete the evaluation process. With FTMO, you can trade up to $200,000 on an FTMO Rewards Account. Traders manage this account using popular retail trading platforms like MetaTrader 4, MetaTrader 5, cTrader, or DXtrade, which allow them to open and control trades. While the capital involved is entirely simulated, a portion of the profits earned is awarded to the trader.
What is FTMO?
FTMO is a Modern Prop Trading firm established in 2015. Since then, we have been looking to cooperate with serious traders in order to capitalize on their trading data, while they earn rewards for their performance on simulated FTMO Rewards Accounts.
Before getting the FTMO Rewards Account, traders need to pass the Evaluation Process first.
What is a Modern Prop Trading Firm?
A ‘Modern Prop Trading firm’ is an industry-wide established term used to describe the dynamic and innovative business model that focuses on nurturing trading talent through rigorous evaluation programs, providing simulated funding, and offering rewards based on trading performance.
This model not only mitigates the financial risk for traders but also aligns their interests with the firm’s goal of achieving consistent profitability in the markets.
Is FTMO a forex prop trading firm?
While FTMO is often described as a forex prop trading firm, this term is somewhat inaccurate. FTMO does not limit itself to only simulated forex trading; instead, it provides trading opportunities across various markets on simulated retail trading platforms.
This broader scope allows traders to engage in forex, commodities, indices, and more.
Frequently Asked Questions
Find your answers here!
Before you decide to accept an FTMO Challenge: 1‑Step or FTMO Challenge: 2‑Step, we want to make sure that you know what you are up against.
After you sign up, you can either start an FTMO Challenge: 1‑Step or FTMO Challenge: 2‑Step right away or, as we usually recommend, start with our Free Trial, which is a free version of our FTMO Challenge intended for practicing purp... Read more about How to start?
In order to become an FTMO Verified Prop Trader (referred to as a “Signal Provider” contractually), you must successfully meet the conditions of one of our two products: FTMO Challenge: 1‑Step or FTMO Challenge: 2‑Step. Each product follows a different structure, which is outlined below.
FTMO Challenge: 2‑Step
The FTMO Challenge: 2‑Step consists of a two-step process.
Phase 1: FTMO Challenge
A simula... Read more about How do I become an FTMO Verified Prop Trader?
FTMO Challenge: 1‑Step is a simplified evaluation product that consists of a single evaluation phase. Unlike FTMO Challenge: 2‑Step, it does not include a separate Verification phase.
From the perspective of Trading Objectives, the two products are structured differently. More detailed information about the specific Trading Objectives is available on the Trading Objectives page.
The evaluat... Read more about What is FTMO Challenge: 1‑Step and how does it differ from FTMO Challenge: 2‑Step?
Restrictions for trading during selected news releases apply only to the Standard account type. The Swing account type does not have any restrictions on trading during any news releases.
For Standard accounts, these restrictions apply only once you start trading on an FTMO Rewards Account. They do not apply during the Evaluation Process.
Evaluation Process:
While trading during the Evaluation Process, the restriction does not apply regardless of the account type (Stand... Read more about Can I place simulated trades during news?
Overnight and weekend position restrictions apply only to the Standard account type. The Swing account type does not have any restrictions on holding positions overnight or over the weekend.
For Standard accounts, these restrictions apply only once you start trading on an FTMO Rewards Account. They do not apply during the Evaluation Process.
Evaluation Process:
While trading during the Evaluation Process, the restriction does not apply regardless of the account type (S... Read more about Do I have to close my positions overnight?
- As many Free Trials as you need
- Up to a simulated $200,000 FTMO Rewards Account
- Performance-based rewards
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