Upon successful completion of the evaluation course, you are offered a placement in the FTMO Proprietary Trading firm where you can remotely manage the FTMO Account with a balance of up to 200,000 USD. Your journey to get there might be challenging, but our educational applications, account analysis and performance coach are here to help you on the endeavour to financial independence.
FTMO is actively in the process of creating a global fund that revolves around retail traders. The primary objective is to offer investors a varied portfolio while simultaneously assisting traders in their endeavor to achieve financial autonomy. At FTMO, considerable emphasis is placed on recognizing and fostering talent. Their workforce is made up of committed experts. However, the foundation of FTMO’s achievements is rooted in the robust synergy between their teams and the pleasant atmosphere that characterizes the company. This supportive setting facilitates personal skill growth on an individual level as well as within a unified team framework.
Introduction of FTMO
| Company Details | FTMO |
|---|---|
| CEO | Otakar Suffner |
| Incorporation Date | September 2015 |
| Location | Prague, Czech Republic |
| Maximum Account Size of Funding Programs | Evaluation Program: $200,000 |
Funding Programs
Evaluation Program
| Account Size | Account Price |
|---|---|
| $10,000 | €155 |
| $25,000 | €250 |
| $50,000 | €345 |
| $100,000 | €540 |
| $200,000 | €1,080 |
| Objectives | Objective Value |
|---|---|
| Profit Target (Phase 1) | 10% |
| Profit Target (Phase 2) | 5% |
| Daily Drawdown | 5% |
| Maximum Drawdown | 10% |
| Max Trading Period | Phase 1: Unlimited Phase 2: Unlimited |
| Minimum Trading Days | 4 Calendar Days |
| Profit Share | 80% up to 90% |
Comparison of Two-step Program
Comparison of FTMO & Funding Pips
| Objectives | FTMO | Funding Pips |
|---|---|---|
| Profit Target (Phase 1) | 10% | 8% |
| Profit Target (Phase 2) | 5% | 5% |
| Daily Drawdown | 5% | 5% (Can be scaled to 7%) |
| Maximum Drawdown | 10% | 10% (Can be scaled to 14%) |
| Max Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Minimum Trading Days | 4 Calendar Days | No Minimum Trading Days |
| Profit Share | 80% up to 90% | 80% up to 90% |
Comparison of FTMO & Smart Prop Trader
| Objectives | FTMO | Smart Prop Trader |
|---|---|---|
| Profit Target (Phase 1) | 10% | 7% |
| Profit Target (Phase 2) | 5% | 5% |
| Daily Drawdown | 5% | 4% |
| Maximum Drawdown | 10% | 8% (Can be scaled to 28%) |
| Max Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Minimum Trading Days | 4 Calendar Days | No Minimum Trading Days |
| Profit Share | 80% up to 90% | 85% up to 90% |
Broker & Trading Platform
| Broker | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions |
| Trading Platform | MetaTrader 4, MetaTrader 5, cTrader |
| Trading Instruments | Forex Pairs, Commodities, Indices, Crypto, Shares, Bonds |
Conclusion
To draw a final conclusion, FTMO is a reputable and trustworthy proprietary trading company that is managed by Otakar Suffner. They provide traders with an opportunity to choose between a single evaluation program with different account sizes. While working with them, you will be provided an account through a tier-1 liquidity provider with the best simulated real market trading conditions and trade on the MetaTrader 4, MetaTrader 5, or cTrader trading platform. As for trading instruments, you will be able to trade forex pairs, commodities, indices, crypto, shares, and bonds. After considering everything that FTMO brings to the table, we can consider them an excellent choice within the proprietary trading firm space.
FTMO Review Details
