FTMO review
Educational only — not financial or investment advice.
One of the best-known prop firms. You pay a one-off fee to attempt an evaluation with a profit target and strict drawdown limits; pass it and you trade a funded account for a share of the profits. EAs and algos are allowed, which is what makes FTMO relevant here. What the ads skip: the rules are demanding, and most people who pay never pass.
At a glance
- Best for
- Funded-account challenges that allow algos/EAs
- Maker
- FTMO
- Type
- Prop firm
- Price from
- Challenge ~$155+
- Pricing
- challenge fee + profit split
- Affiliate commission
- —
- Details verified
What it does
One of the best-known prop firms. You pay a one-off fee to attempt an evaluation with a profit target and strict drawdown limits; pass it and you trade a funded account for a share of the profits. EAs and algos are allowed, which is what makes FTMO relevant here. What the ads skip: the rules are demanding, and most people who pay never pass.
Key features:
evaluation challengefunded account (on success)profit splitEA / algo alloweddrawdown & risk rulestrading dashboard
Pros & cons
Pros
- A route to larger size without putting your own trading capital on the line
- Algorithmic and EA trading is permitted, within the risk rules
- A longer track record than most of a young industry, with a documented evaluation process
Cons
- Most participants fail the evaluation and forfeit the fee
- Tight daily and overall drawdown limits punish normal strategy variance
- Payouts and continued access depend on ongoing rule compliance, not just profit
Some links may be affiliate links — see our disclosure. Pricing and terms are taken from the vendor's public pages and may change; a dash means unverified. Nothing here is financial or investment advice.