FTMO

Who are FTMO

FTMO are one of the most established retail prop firms, operating since 2015. FTMO claim to have provided thousands of traders with accounts, up to a maximum of $200,000 which can be increased through their scaling plan.

FTMO Challenge Accounts

FTMO provide traders with 2 types of challenge, both of which are 2-Phase. The Aggressive account allows for more drawdown and comes with a higher profit target. The Normal account has less drawdown, but a smaller PT. The Normal account is also available as a Swing account, where traders can hold over the weekend.

2-STEP CHALLENGE (NORMAL)

• Account Size - Up to $200K
• Profit Target - 10% Phase 1 and 5% Phase 2
• Max Daily Loss - 5%
• Max Initial Account Balance Loss - 10%

2-STEP CHALLENGE (AGGRESSIVE)

• Account Size - Up to $100K
• Profit Target - 20% Phase 1 and 10% Phase 2
• Max Daily Loss - 10%
• Max Initial Account Balance Loss - 20%