FTMO - Modern Prop Trading (2024)

FAQs

What percentage of people fail FTMO? ›

In summary, the FTMO challenge sees only around a 10% passing rate, with approximately 90% of aspiring funded traders failing evaluations. Strict trading constraints coupled with psychological pressures contribute to low success levels.

The funded account comes with a profit split of 70/30, where the trader receives 70% of the profits made while FTMO retains 30%. The trader can withdraw their share of profits at any time, and there are no restrictions on the withdrawal amount or frequency.

You will be removed from the Premium Programme if one of the following situations occurs: You fail the FTMO Account which is part of the Premium Programme. You fail 3 accounts regardless of the of the stage (FTMO Challenge, Verification, FTMO Account)

You are becoming an FTMO Trader with an FTMO Account. Trade responsibly and consistently and receive up to 90% of your profits.

Besides the standard eligibility conditions, you should not have any past or prevailing conflict of interest with FTMO, or engagement in the Forbidden Trading Practices, as laid out in the Terms & Conditions (clause 5.4).

The rate of successful traders, who consistently make money over a period of five years or more is around 1%. That puts the rate of failure close to 99%.

The fee covers the costs related to the FTMO Challenge provided by FTMO such as the designing, development, and operation of the FTMO platform (the technical infrastructure behind the provided educational services and applications).

Having successfully operated since 2015, we provided thousands of clients with their FTMO Accounts, and in total, we have paid out over $160 million. We've also been featured in Forbes and awarded by Deloitte and EY multiple times.

During the FTMO Challenge & Verification, you can ignore the rule of not trading in the window of 2 mins before to 2 minutes after the specific releases. We don't enforce it as we want to make it easier for you to pass the evaluation process.

There is no time limit within which you need to pass the Profit Target, the Trading Period is indefinite. As soon as all the Trading Objectives of your FTMO Challenge are met and your results are reviewed, you can proceed to the Verification phase. The minimum time to complete an FTMO Challenge is 4 trading days.

What is the max loss on FTMO? ›

At FTMO, we understand that market conditions might vary and that's why we offer our traders a generous 10% Maximum Loss buffer and 5% Maximum Daily Loss. These conditions are in a ratio of 1:1 (loss to profit), which is the top industry standard.

Dariusz from the USA exceeded everyone's expectations and made his dreams come true. As our FTMO Trader with a maximum allocation, he beat the previous record payout of $500,180 thanks to his profit of $1,206,225, the biggest payout in the industry!

Please bear in mind that you are solely responsible and liable for the payment of any and all taxes, levies, or fees that apply to you in relation to the FTMO Account Agreement under the applicable laws and regulations.

“Never give up and it's much easier now with FTMO because you can trade higher amounts of money which we didn't have a chance to do years ago.” Pepe is one of our youngest very successful FTMO Traders. At the age of 19, he had a payout of $76,000. "I recommend it to everyone, most people don't even believe it.

How much should we be risking per one trade? In most textbooks and online education programs, we can learn that we should not be risking more than 2% per one trade. Although the answer to this is more complicated, let's start by saying that 2% risk per trade is a good base to start with.

The article from Lux Trading Firm provides slightly different results. According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time.

At its core, the prop firm challenge can be a way for prop firms to make money from failed challenges. This is because some sources have the failure rate of prop trading challenges at 90%. So for every 10 traders that buy a challenge, 9 will fail. That can be a lot of money for a prop firm.

If you are able to repeatedly pass our Free Trial, then there are chances you can succeed in the full FTMO Challenge as well. This should encourage you to start your journey to become one of our FTMO Traders.