| Broker Details | Tradersway |
|---|---|
| Founded Year | 2015 |
| Minimum Deposit | €155 |
| Maximum Leverage | 1:500 * |
| Address | Purkyňova 2121/3, Nové Město, 110 00 Prague 1, Czech Republic |
| Contact | support@ftmo.com, +44 2033222983 |
| Customer Support | Live Chat, Email, and Phone |
| Regulators | |
| Prohibited Countries | United States of America ,Russia ,India, North Korea,Belarus, Cuba ,Indonesia ,Venezuela ,South Sudan, Sudan,Iran, Syria, Myanmar. |
| Trading Platforms | MT4, MT5, cTrader,DXTrade |
| Dealing Desk | ✅ Yes |
| ECN | ❌ No |
| Margin Call / Stop Out: | |
| Web Trading | ✅ Yes |
| Mobile Trading | ✅ Yes |
| Currencies | USD, EUR, GBP, CAD, AUD, CHF, and CZK |
| Cryptocurrencies | Bitcoin, Ethereum, Litecoin, USDT, and more |
| CFD | forex, indices, commodities, cryptocurrencies, and stocks |
| EAs/Robots | ✅ Yes |
| News Trading | ❌ No |
| Scalping | ✅ Yes |
| Copy Trading | ✅ Yes |
| Deposit Methods | Bank wire transfer, debit or credit card, cryptocurrencies, or Skrill |
| Withdrawal Methods | Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), USD Coin (USDC on ERC20 Network), and Tether (USDT on TRC20 Network) |
Pros:
- 24/7 Dedicated Client Support
- Free Trial Option Available
- Pioneer in Modern Prop Trading
- Advanced and Comprehensive Trading Tools
- Access to Professional Performance Coaches
Cons:
- Relatively Higher Price Point
- Trading Fees Applicable to Specific Symbols
- Industry-Standard 80% Profit Share Ratio
FTMO Review: A Friendly Prop Trading Solution for Traders
FTMO has established itself as a leader in the proprietary trading (prop trading) space. Renowned for identifying and nurturing some of the most talented traders, the firm has become a top choice for aspiring and seasoned traders alike. Offering access to various trading instruments and a highly competitive profit split (up to 90/10), FTMO attracts traders from across the globe.
But is FTMO the right choice for you? Read on for a comprehensive review of the firm, its benefits, and how it operates.
What Is FTMO?
FTMO is a Czech Republic-based proprietary trading firm, founded in 2014 by Otakar Suffner and headquartered in Prague. Its mission is to find and support skilled traders by offering funded accounts, training, and tools to optimize their trading strategies.
Traders on FTMO’s platform can access a wide range of trading instruments, including:
- Forex
- Indices
- Commodities
- Stocks
- Cryptocurrency
FTMO’s flexibility and comprehensive evaluation process have garnered numerous accolades, including the Deloitte Rising Star Award in 2019 and 2020.
How FTMO Works
FTMO is a prop trading firm that supports traders in various financial markets, such as forex, stocks, and cryptocurrency. The firm offers its services through several trading platforms, including:
- cTrader (available on mobile via Google Play Store and Apple App Store)
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
Evaluation Process
FTMO’s two-step Evaluation Course is designed to test and verify the skills of prospective traders. Those who pass gain access to funded accounts, where they can manage trading capital provided by FTMO.
Funded Accounts
Successful traders can manage up to $2 million in trading capital, with initial accounts capped at $200,000. Accounts are divided into two risk categories:
- Normal Risk
- Aggressive Risk
FTMO also offers accounts tailored to swing traders, which allow trades to be held overnight and over weekends. However, standard accounts require prior permission for weekend trades. Swing trader accounts come with reduced leverage (1:30 compared to 1:100 on standard accounts).
FTMO Trading Features and Policies
- Profit Split: FTMO traders can earn up to 90% of their profits, depending on their account type.
- Hedging Allowed: Unlike many prop firms, FTMO imposes no restrictions on trading strategies. Whether you prefer hedging, discretionary trading, algorithmic trading, or using Expert Advisors (EAs), FTMO accommodates it all.
- Leverage: Leverage is up to 1:100 for standard accounts, while swing accounts offer 1:30 leverage.
How Does FTMO Make Money?
FTMO generates revenue by sharing a percentage of the traders’ profits. While traders earn up to 90%, the firm retains 10% or 20%, depending on the account type. Additionally, FTMO charges a fee for its Evaluation Course. This fee is refunded upon successful completion of the course. However, if a trader fails, the fee is non-refundable.
Why Choose FTMO?
- Access to Capital: Traders can manage significant trading capital, starting at $200,000 and scaling up to $2 million.
- Variety of Instruments: With access to forex, indices, commodities, stocks, and crypto, FTMO caters to diverse trading preferences.
- Trading Freedom: The ability to trade without restrictions on strategies or instruments is a major advantage.
- Supportive Ecosystem: FTMO provides mentoring, tools, and a structured evaluation process to help traders succeed.
- Prestigious Reputation: Recognized globally with awards and accolades, FTMO is a trusted name in prop trading.
FTMO is a renowned proprietary trading firm based in Prague, offering funded accounts of up to $2 million for skilled traders who pass its two-step evaluation process. Traders can access various instruments, including forex, stocks, and crypto, with flexible trading strategies like hedging and algorithmic trading allowed. FTMO provides competitive profit splits (up to 90%), multiple account types, and leverages up to 1:100. It generates revenue through profit sharing and a refundable evaluation fee, making it a top choice for traders seeking capital and support.
Flexible trading