FTMO Review 2026
The world's most popular prop firm with 1-Step and 2-Step challenges and scaling up to $2M.
Overview
FTMO is undeniably the most recognized and respected prop trading firm in the world, and that reputation has been earned through years of consistent performance. Founded in 2015 in Prague, Czech Republic, FTMO essentially pioneered the modern prop trading industry as we know it today. With over 40,000 Trustpilot reviews and a stellar 4.8/5 rating, they have built a level of trust that few competitors can match.
FTMO now offers two challenge types. The FTMO Challenge 2-Step remains the classic format: a 10% target in Phase 1 and 5% in Phase 2, with a 5% daily drawdown and 10% overall drawdown limit, a minimum of 4 trading days and unlimited time. The profit split starts at 80% and can reach 90% through the Scaling Plan. The major addition is the FTMO Challenge 1-Step, which allows you to access a funded account in a single evaluation phase with a 10% target, a reduced 3% daily drawdown, a 10% trailing drawdown, and a 90% profit split from the very first reward. The 1-Step includes a Best Day Rule (no single day can represent more than 50% of total profit) and allows unrestricted news trading.
You get access to three trading platforms (MT4, MT5, and cTrader). The instrument range covers Forex, indices, commodities, cryptocurrencies, and stocks. The Scaling Plan allows a 25% capital increase every 4 months if you generate at least 10% net profit, with a cap of up to $2 million. Maximum allocation is $400,000 per trader, extendable through the Scaling Plan.
Challenge fees are refunded with the first reward on the 2-Step account. Withdrawal methods include bank transfer, cryptocurrencies (BTC, ETH, LTC, USDC, USDT) and Skrill. Rewards can be requested after a minimum of 14 trading days on the funded account.
Payout Methods & Withdrawals
Pros
- Excellent reputation and 10+ years track record
- 1-Step Challenge with 90% profit split from day one
- Scaling up to $2M in capital
- Platforms: MT4, MT5, and cTrader
- Free retry if profit target reached
- Fees refunded with first reward (2-Step)
Cons
- Best Day Rule on 1-Step (50% max per day)
- Relatively high challenge prices
- Trailing drawdown on 1-Step
- 1-Step fees are non-refundable
Pricing
Trading Rules
10% (1-Step) / 10%+5% (2-Step)
5% (2-Step) / 3% (1-Step)
10%
4
Unlimited
Yes
Yes
Platforms & Instruments
Our Verdict
FTMO remains the undisputed benchmark of the prop trading industry with over 10 years of experience. The addition of the 1-Step challenge with 90% profit split from the first reward finally addresses the needs of traders who prefer a faster path, while the classic 2-Step retains its strengths for more methodical profiles. The Scaling Plan reaching up to $2M in capital is one of the most ambitious in the market. Prices remain slightly above competitors, but the fee refund on the 2-Step and FTMO's proven reliability justify the investment. We recommend FTMO to intermediate and advanced traders who want a trustworthy long-term partner.