FTMO
Total Paid Out
$500M+
Trustpilot
4.8★ (38.9K reviews)
Traders
3.5M+
Established
2015
Our Review
FTMO Review 2026: The Industry Pioneer
FTMO is the most established name in proprietary trading, founded in 2015 in Prague, Czech Republic by Otakar Šuffner and Marek Vašíček. Originally launched as Získejúčet.cz, the firm has grown into a global fintech conglomerate serving 3.5 million+ customers across 140+ countries with 300+ staff. With over $500 million in total rewards distributed, a 4.8 Trustpilot rating across 38,883+ reviews, and the landmark acquisition of OANDA Global Corporation in December 2025, FTMO has cemented its position as the definitive industry leader.
Challenge...
At a Glance
Trading Rules
Key Numbers
Programs & Pricing
| Program | Size | Fee | Phase 1 | Phase 2 | Daily DD | Total DD | Split |
|---|---|---|---|---|---|---|---|
| 2-Step $10K Challenge | $10,000 | $170 | 10% | 5% | 5% | 10% | 80% |
| 1-Step $10K Challenge | $10,000 | $98 | 10% | — | 3% | 10% | 90% |
| 2-Step $25K Challenge | $25,000 | $275 | 10% | 5% | 5% | 10% | 80% |
| 1-Step $25K Challenge | $25,000 | $275 | 10% | — | 3% | 10% | 90% |
| 2-Step $50K Challenge | $50,000 | $379 | 10% | 5% | 5% | 10% | 80% |
| 1-Step $50K Challenge | $50,000 | $379 | 10% | — | 3% | 10% | 90% |
| 1-Step $100K Challenge | $100,000 | $483 | 10% | — | 3% | 10% | 90% |
| 2-Step $100K Challenge | $100,000 | $594 | 10% | 5% | 5% | 10% | 80% |
| 2-Step $200K Challenge | $200,000 | $1188 | 10% | 5% | 5% | 10% | 80% |
| 1-Step $200K Challenge | $200,000 | $1188 | 10% | — | 3% | 10% | 90% |
10 programs available
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Pros & Considerations
Strengths
- Industry pioneer since 2015 with $500M+ in total rewards distributed to 3.5M+ customers
- Acquired OANDA Global Corporation (Dec 2025) — regulated in 8 global markets
- Fee refund on 2-Step challenge with first reward withdrawal
- Up to 90% profit split with $2M scaling plan
- Unlimited time limits on all challenges
- 4 trading platforms (MT4, MT5, cTrader, DXtrade)
- 24/7 customer support in 20 languages
- Average 8-hour payout processing; bi-weekly cycle
- Deloitte Fast 50 winner five consecutive years (2019-2023)
- $721M parent company assets and $250M credit line — unmatched financial stability
Considerations
- FTMO itself not regulated by any financial authority (operates as education/simulation)
- All trading is on demo/simulated accounts with fictitious capital
- 1-Step challenge fee is non-refundable
- 1-Step uses EOD Trailing drawdown with 3% daily loss — stricter than 2-Step
- News trading restricted 2 min around high-impact events on funded Standard accounts
- No weekend holding on Standard funded accounts (Swing only)
- Higher fees than newer competitor firms
- Subjective interpretation of some forbidden trading practices
- Best Day Rule on 1-Step adds extra consistency requirement
FTMO was founded in 2015 in Prague, Czech Republic, by Otakar Šuffner and Marek Vašíček, two university students who met at the University of Economics around 2013. Bonded by their shared passion for trading and frustration with undercapitalization, they created a project to help skilled but underfunded traders access trading capital. The initial project launched under the Czech name Získejúčet.cz (meaning "Get an Account") and operated exclusively in the Czech Republic and Slovakia. Despite being rejected by their university's student accelerator, the founders persevered.
In 2017, the company rebranded to FTMO — an acronym derived from the first names of four early team members: Filip, Tomáš, Marek, and Otakar — and expanded internationally. By 2019, FTMO earned its first Deloitte Rising Stars award, followed by repeats in 2020 and the main Deloitte Fast 50 category win in 2021 with a staggering 39,432% four-year growth rate. The firm continued appearing in the Fast 50 rankings through 2023. In 2023, FTMO acquired the quantitative trading firm Quantlane and launched the Premium Program for elite performers.
As of February 2026, FTMO stands as the undisputed pioneer and market leader in modern prop trading, employing 300+ staff at its Prague headquarters (FTMO Quadrio offices). The firm serves over 3.5 million customers across 140+ countries and has distributed more than $500 million in total rewards. On February 6, 2026, FTMO launched the 1-Step Challenge with EOD Trailing drawdown mechanics. Most significantly, in December 2025, FTMO completed the acquisition of OANDA Global Corporation from CVC Capital Partners' CVC Asia Fund IV, securing regulatory approvals from regulators across 8 markets (US, UK, Canada, EU, Australia, Singapore, Japan, BVI). The $250M credit line from Czech banks led by UniCredit and parent company OMHC's $721M in total assets underscore FTMO's transformation into a global fintech conglomerate.
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