FTMO
10% static drawdown, no consistency rule on funded accounts, and the longest verifiable record in the category — $650M+ paid since 2015 from a named Czech entity.
The only firm we found that documents in its own materials why it needs traders to survive: it trades its own capital using data from selected clients’ simulated trades. Recommended account is Swing — the standard account restricts news trading and forces a Friday close.
Not enough published data to simulate this firm’s floor.
Clears every disqualifier, scores high on the axes that cost you money, and we read every plan it sells. We would open the named account with our own money.
Scorecard
23Static at both stages — the floor never moves
The group owns a regulated broker or FCM in a hard market
No cap, no minimum, paid on request
A stale marketing figure and nothing more
Years of operation, proven payouts, a published pass rate
Each axis is scored 0–5 against a published scale. The line under each bar is the rung this firm landed on — not our summary of it, the scale entry itself.
Plan by plan
2 of this firm’s challenges were read plan by plan, with a citation behind every answer. See them side by side →
Static 10% max loss fixed to the initial balance at every stage, no consistency rule, and nothing tightens once funded.
Same static 10% as the standard 2-Step; it trades news and holds over weekends, paying for it with lower leverage rather than a harsher rule.
The 10% floor trails at each daily close and never freezes, so profit stops buying room; the 50% best-day rule only delays a payout, never fails the account.
A practice account that cannot lead to funding by design, so it is a demo rather than a plan.
Trustpilot
What this firm published
Everything below is quoted from a page we opened, on the date shown. The quotes are in the firm’s own language, exactly as published — never edited, never shortened, never swapped for a translation. On the Spanish edition our own rendering appears underneath each one, unquoted and marked as ours: the quotation marks on this site mean the words are the firm’s, and nothing we wrote ever wears them. Where we have not read enough to put a number on an axis, we say so instead of guessing.
4/5
Can you even pass?
Almost nobody who pays for an evaluation ever reaches a funded account, so this is the part of the product most customers actually buy. Every firm advertises its profit target; none of them advertises that target next to how much you are allowed to lose while chasing it.
2/5
Can you keep the money?
The drawdown takes the account away; the payout rules take the money. Answered by whichever of the two we can measure and is worse — they are two ways of losing the same thing, so a good half cannot pay for a bad one.
3/5
Is anyone behind it?
A named company, a market, and rules you could read before paying. These three do not substitute for one another — a company you can sue does not stop existing because the account is a simulation — so this is the average of the ones we could measure, not the worst.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $14.40/8
“The Profit Target for the FTMO Challenge is calculated as 10% of the Initial Simulated Capital.”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finishThey state there is none.3/3
“No Time Limit Take your time and focus on steady, consistent growth rather than aiming for quick, big profits.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Profit target10%—
“The Profit Target for the FTMO Challenge is calculated as 10% of the Initial Simulated Capital.”Trading days you must put in · A second attempt costs
Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit rises with the day's closing balanceno change1.65/3
“The Maximum Loss Limit is recalculated daily at 00:00 CE(S)T as the difference between: the highest account balance achieved at 00:00 CE(S)T of any preceding trading day or, if higher, the amount of Initial Simulated Capital, and the Maximum Loss Amount, which is 10% of the Initial Simulated Capital.”A limit that climbs takes back the cushion you already earned.
Where the limit stops risingit never stops rising0/3
“The Maximum Loss Limit is recalculated daily at 00:00 CE(S)T as the difference between: the highest account balance achieved at 00:00 CE(S)T of any preceding trading day or, if higher, the amount of Initial Simulated Capital, and the Maximum Loss Amount, which is 10% of the Initial Simulated Capital.”The difference between a danger with an end date and one that never ends.
What taking a payout does to the limitit loosens, and starts over on a new account2/2
“The limit can only increase, but never decrease. However, when a Reward is withdrawn and a new FTMO Account is provided, the Maximum Loss Limit fully resets, returning the first-day limit to 90% of the Initial Simulated Capital.”Taking your money out should not leave you closer to losing the account.
Daily limit3%, measured on live equity, open trades includedno change0.60/2
“The Maximum Daily Loss rule establishes a limit (the Maximum Daily Loss Limit) below which your account equity (i.e., Balance + Open Positions P/L ± Swaps – Commissions) cannot drop. If the equity drops below this limit, the rule is considered violated. The Maximum Daily Loss Limit is recalculated daily at 00:00 CE(S)T as the difference between: the account balance recorded at 00:00 CE(S)T of the current day and the Maximum Daily Loss Amount, which is 3% of the Initial Simulated Capital.”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed10%no change1/1
“The Maximum Loss Limit is recalculated daily at 00:00 CE(S)T as the difference between: the highest account balance achieved at 00:00 CE(S)T of any preceding trading day or, if higher, the amount of Initial Simulated Capital, and the Maximum Loss Amount, which is 10% of the Initial Simulated Capital.”How much room you have. Worth little, because almost every firm offers the same.
What the limit is measured against
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesThey do not say.0/3
we read the page that should answer this and it does not
The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
Can it refuse without giving a reasonThey do not say.0/3
we read the page that should answer this and it does not
“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money14 days2/2
“You can request a Reward claim in the Account MetriX on the 14th or any following day after the first placed trade on the specific account.”How long your money is theirs.
Most one withdrawal can pay youThey do not say.0/2
we read the page that should answer this and it does not
$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Does that cap rise with the accountThey do not say.0/2
we read the page that should answer this and it does not
Fee charged to pay youThey state there is none.1/1
“FTMO does not charge any additional commissions for Reward withdrawals.”What they charge you to pay you.
What breaking the consistency rule costs (phase 1) · What breaking the consistency rule costs (funded) · Profit required before the first request
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.we did not read this stage—
“Can I trade news? Restrictions for trading during selected news releases apply only to the Standard account type . The Swing account type have no restrictions on trading during news releases. For Standard accounts, these restrictions apply only once you start trading on an FTMO Account . They do not apply during the Evaluation Process .”Mandatory stop-lossThey state there is none.no change—
“We do not require you to use a Stop-loss”Minimum time a trade must be heldThey do not say.no change—
we read the page that should answer this and it does not
Forced close before the weekendThey state there is none.nothing may stay open over the weekend—
“Do I have to close my positions overnight or before the weekend? 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 Account . They do not apply during the Evaluation Process .”Limit on position sizeThey do not say.no change—
we read the page that should answer this and it does not
No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
What makes the account growThey do not say.—
we read the page that should answer this and it does not
How large it can get$2,000,000—
“Your path to a $2,000,000 FTMO Account starts here. Experience the growth of 25% every 4 months all the way up to the maximum limit of $2,000,000 (for all your FTMO Accounts).”Where the path endsat a larger simulation—
“The FTMO Challenge accounts are accounts for simulated trading. The activity you engage in when you submit simulated trades in your FTMO Challenge account is not trading in real financial instruments.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $14.40/8
“The Profit Target is calculated as a percentage of your Initial Simulated Capital: 10% for the FTMO Challenge 5% for the Verification”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finishThey state there is none.no change3/3
“No Time Limit Take your time and focus on steady, consistent growth rather than aiming for quick, big profits.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put in4 daysno change2/2
“The Minimum Trading Days rule requires the trader to achieve at least 4 Trading Days.”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
Profit target10%5%—
“The Profit Target is calculated as a percentage of your Initial Simulated Capital: 10% for the FTMO Challenge 5% for the Verification”A second attempt costs
Maximum loss
we did not read enough to sayThe loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit does not move at allno changewe did not read this stage3/3
“The Maximum Loss Limit is calculated as the difference between: the Initial Simulated Capital and the Maximum Loss Amount, which is 10% of the Initial Simulated Capital.”A limit that climbs takes back the cushion you already earned.
Daily limit5%, measured on live equity, open trades includedno changewe did not read this stage—
“The Maximum Daily Loss rule establishes a limit (the Maximum Daily Loss Limit) below which your account equity (i.e., Balance + Open Positions P/L ± Swaps – Commissions) cannot drop. If the equity drops below this limit, the rule is considered violated. The Maximum Daily Loss Limit is recalculated daily at 00:00 CE(S)T as the difference between: the account balance recorded at 00:00 CE(S)T of the current day and the Maximum Daily Loss Amount, which is 5% of the Initial Simulated Capital.”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed10%no changewe did not read this stage—
“the Maximum Loss Amount, which is 10% of the Initial Simulated Capital”How much room you have. Worth little, because almost every firm offers the same.
Where the limit stops risingat your starting balance—
“The Maximum Loss Limit is calculated as the difference between: the Initial Simulated Capital and the Maximum Loss Amount, which is 10% of the Initial Simulated Capital.”The difference between a danger with an end date and one that never ends.
Below 60% read we publish no number at all, because a grade computed from two facts out of six is not a lenient grade — it is a different measurement wearing the same label.
What the limit is measured against · What taking a payout does to the limit · Total loss allowed (funded) · Daily limit (funded)
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesThey do not say.0/3
we read the page that should answer this and it does not
The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey state there is none.no changeno change3/3
“This rule applies to the FTMO Challenge: 1-Step as well as the FTMO Account (1-Step).”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonThey do not say.0/3
we read the page that should answer this and it does not
“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money14 days2/2
“You can request a Reward claim in the Account MetriX on the 14th or any following day after the first placed trade on the specific account.”How long your money is theirs.
Most one withdrawal can pay youThey do not say.0/2
we read the page that should answer this and it does not
$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Does that cap rise with the accountThey do not say.0/2
we read the page that should answer this and it does not
Fee charged to pay youThey state there is none.1/1
“FTMO does not charge any additional commissions for Reward withdrawals.”What they charge you to pay you.
Profit required before the first request
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.no changewe did not read this stage—
“Can I trade news? Restrictions for trading during selected news releases apply only to the Standard account type . The Swing account type have no restrictions on trading during news releases. For Standard accounts, these restrictions apply only once you start trading on an FTMO Account . They do not apply during the Evaluation Process .”Mandatory stop-lossThey state there is none.no changeno change—
“We do not require you to use a Stop-loss”Minimum time a trade must be heldThey do not say.no changeno change—
we read the page that should answer this and it does not
Forced close before the weekendThey state there is none.no changenothing may stay open over the weekend—
“Do I have to close my positions overnight or before the weekend? 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 Account . They do not apply during the Evaluation Process .”Limit on position sizeThey do not say.no changeno change—
we read the page that should answer this and it does not
No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
What makes the account growThey do not say.—
we read the page that should answer this and it does not
How large it can get$2,000,000—
“Your path to a $2,000,000 FTMO Account starts here. Experience the growth of 25% every 4 months all the way up to the maximum limit of $2,000,000 (for all your FTMO Accounts).”Where the path endsat a larger simulation—
“The FTMO Challenge accounts are accounts for simulated trading. The activity you engage in when you submit simulated trades in your FTMO Challenge account is not trading in real financial instruments.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
The rules in writing
Could you read the rule before paying, and can they change it afterwards?
Where the rule that binds you is publishedin the document its own contract points at4/4
“The Maximum Loss Limit is recalculated daily at 00:00 CE(S)T as the difference between: the highest account balance achieved at 00:00 CE(S)T of any preceding trading day or, if higher, the amount of Initial Simulated Capital, and the Maximum Loss Amount, which is 10% of the Initial Simulated Capital.”If the rule that binds you lives in a help article your contract never mentions, you did not sign it.
Can it change the rules without noticeno3/3
“We will send you a notice of any Modification at least seven (7) calendar days before the change in the Terms is effective, via the User Area or by email.”The clause that makes every dated verdict perishable, including ours. Near-universal, so not fatal.
Is the binding document datedyes2/2
“LAST UPDATED ON 2 FEBRUARY 2026”Without a date you cannot tell whether the rule you read is the rule they apply.
We compared their own pages against each other and found nothing that contradicts.
The company behind it
If it goes wrong, which company do you claim against, and under whose laws?
The company you contract withFTMO Evaluation Global s.r.o.FTMO Trading Global s.r.o.4/4
“We are FTMO Evaluation Global s.r.o., a company established and existing under the laws of the Czech Republic”“FTMO Trading Global s.r.o., a company established and existing under the laws of the Czech Republic”With no named company there is nobody to sue.
Where it is registeredCZno change2/2
“We are FTMO Evaluation Global s.r.o., a company established and existing under the laws of the Czech Republic”“FTMO Trading Global s.r.o., a company established and existing under the laws of the Czech Republic”A claim in the Czech Republic and a claim in St Vincent are not the same claim.
Its registration number092 13 651094 18 4152/2
“Identification No.: 092 13 651”“Identification No.: 094 18 415”What turns a name into something checkable in a public register.
That company owns the brandno — the brand sits elsewhere0.40/2
“"FTMO Account" means an account for Simulated Trading which relates to the FTMO Trader Program provided by FTMO Trading.”Signing with a company other than the brand’s owner separates who sold to you from who answers to you.
The people behind it are namedyes2/2
“FTMO has evolved from a bold student vision of founders Otakar Šuffner and Marek Vašíček into a global trading powerhouse.”Named people can be looked up. A company on its own cannot always be.
Almost no firm here has a financial regulator, because selling simulated evaluations is not a regulated activity anywhere. Of the 114 firms we scored by hand, 96 sat in the bottom two rungs of backing for this reason. So we do not count it against anyone — it only adds when a firm genuinely has one.
The market
Do your orders reach a market, or is all of it a simulation?
What the funded account issimulated, with no route to real capital0/4
“The FTMO Challenge accounts are accounts for simulated trading. The activity you engage in when you submit simulated trades in your FTMO Challenge account is not trading in real financial instruments.”The question that separates a firm that earns when you lose from one that earns when you last.
Conditions to reach a real marketNo such thing in this plan.—
“The FTMO Challenge accounts are accounts for simulated trading. The activity you engage in when you submit simulated trades in your FTMO Challenge account is not trading in real financial instruments.”Promising a route to a real market without publishing the conditions is promising nothing.
Almost none names a broker or a clearing house either, and that follows from the account being a simulation rather than being a second, separate failing. Charging for both would count one fact twice.
We read the rules of every plan it sells and issued a verdict on each one.