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What is the
FTMO Challenge?

The FTMO Challenge is a simulated trading evaluation where traders are assessed on their performance and risk management in order to qualify for an FTMO Rewards Account, where they earn monetary rewards based on their simulated trading profits.

 

Since 2015, FTMO Challenge has tested the skills of millions and has helped us identify truly serious traders.
FTMO is now a well known and trusted Modern Prop Trading firm.

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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.

Trade with
trusted platform

3.5M+

Customers

$500M+

In rewards

10+ years

Since 2015

140+

Countries Served

Understanding the Mechanisms of FTMO Challenge

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

Realistic market conditions

Preparation for live markets in an environment that replicates real trading conditions, including fees and spreads.

No Time Limit

Unlimited time to focus on steady, consistent growth rather than aiming for quick, big profits.

Enforced Discipline

Our rules are designed to help develop disciplined trading habits.

Controlling the Downside

Unlike traditional trading with brokers, the FTMO Challenge limits the downside to the size of the entry fee.

Mentor App

A specialized app that helps follow a trading plan and enforce self-imposed limits.

Other Tools and Services

We provide 24/7 support and advanced tools, including the 35 App Suite tools by FX Blue designed to provide a technical edge in the markets.

Fee Refund

At FTMO, we strive to provide top-quality services that reflect the value of traders’ commitment. For those who complete the 2-Step FTMO Challenge and advance to an FTMO Rewards Account, the initial fee is refunded with the first reward withdrawal.

Standard and Swing Account type

You can choose from two account types: Standard with up to 1:100 and Swing Account type with leverage of up to 1:30.

Account MetriX Insights

Our Account MetriX tool provides detailed insights into trading performance, giving traders a useful overview and feedback.

Hear from Our FTMO Verified Prop Traders

3.5M+ Customers worldwide
$500M+ Paid in rewards worldwide
140+ Countries served
Youtube • 81K  Views
Maik
Germany

Rewards Earned
$114,907
Trading Style
Swing trader
Youtube • 62K  Views
Cinthya
Ecuador

Rewards Earned
$41,018
Trading Style
Day trader
Youtube • 56K  Views
Bjorn
Belgium

Rewards Earned
$40,931
Trading Style
Swing trader
Youtube • 66K  Views
Tarhata
USA

Rewards Earned
$25,607
Trading Style
Day trader
Youtube • 459K  Views
Pepijn
Netherlands

Rewards Earned
$76,000
Trading Style
Scalper
Youtube • 83K  Views
Andi
United Kingdom

Rewards Earned
$37,676
Trading Style
Day trader
Youtube • 46K  Views
Fabian
USA

Rewards Earned
$96,649
Trading Style
Scalper
Youtube • 193K  Views
Choon Chiat
Malaysia

Rewards Earned
$30,182
Trading Style
Scalper
Youtube • 37K  Views
Ugnius
Lithuania

Rewards Earned
$99,706
Trading Style
Day trader
Youtube • 119K  Views
Richard
Canada

Rewards Earned
$32,500
Trading Style
Swing trader
Youtube • 350K  Views
Paul
USA

Rewards Earned
$500,180
Trading Style
Scalper

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.

Evaluation Process

Traders need to prove their trading competence first. At FTMO, you can choose between 1-Step and 2-Step FTMO Challenge.

Trading Objectives:
Complete competitive Trading Objectives in order to progress to your FTMO Rewards Account and start gaining rewards.

Rewards

After passing the Evaluation Process and gaining your FTMO Rewards Account (subject to identity verification and consenting to the Signal Provider Agreement), you become eligible for financial rewards based on how much simulated profit you generate on your FTMO Rewards Account.

Growth

FTMO offers a structured progress path that includes:

FTMO Verified Prop Trader:
After successfully completing the Evaluation Process, traders become FTMO Verified Prop Traders.

Next possibilities:
Access exclusive benefits, explore Scaling Plan or Premium Program and maximize your opportunities. Keep growing with FTMO all the way to Quantlane.

Quantlane:
Advanced traders may have opportunities to follow the career path and join Quantlane, a related company focused on quantitative trading strategies.

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.

Trading Objectives

In order to prove trading skills, traders are given Trading Objectives, such as Profit Target or Maximum Daily Loss, which they need to achieve to pass the Evaluation Process.

Risk Limits

There are predefined risk limits that traders must adhere to, such as Maximum Loss and Maximum Daily Loss limits.

Simulated Environment

The FTMO Challenge (as well as Verification and FTMO Rewards Account) is conducted in a simulated trading environment that simulates real market conditions without risk other than the fee paid for the FTMO Challenge.

Verification (2-Step Challenge only)

After successfully completing the FTMO Challenge, traders enter a Verification step where they must maintain consistency and meet additional trading objectives to confirm their abilities. After completing the Verification step, the trader may be eligible for an FTMO Rewards Account.

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.

Simulated Trading Capital

The account is funded with a specific amount of simulated capital, which can vary based on the selected program and the trader’s performance.

Performance Rewards

Parts of profits earned from a simulated funded trading account are rewarded to the trader. With FTMO, traders can gain up to 90% of simulated profits made on their FTMO Rewards Account.

Simulated Environment

Traders must follow strict risk management guidelines to maintain their funded status and avoid penalties or account termination.

Growth Opportunities

Successful traders may have the opportunity to increase their simulated trading capital over time, based on performance and adherence to the program’s rules. Read more about Premium Program and Scaling Plan.

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?

After you pass all the Trading Objectives in your FTMO Challenge, your Account MetriX will display a notification indicating that the objectives have been met. At this stage, you no longer need to continue using the FTMO Challenge account. We will be automatically alerted that you have passed the Trading Objectives and will proceed to evaluate your results. The next steps depend on your specific Evaluation Process type: FTMO Challenge: 2‑Step: After the successful evaluation of your result... Read more about I have successfully passed my FTMO Challenge

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?

Start Your FTMO Challenge Today
  • As many Free Trials as you need
  • Up to a simulated $200,000 FTMO Rewards Account
  • Performance-based rewards
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