FTMO Review
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FTMO is a modern proprietary (prop) trading firm known for its rigorous evaluation process, powerful risk‑management tools, and trader development ecosystem. Here are its key features:
🧩 1. Two-Step Evaluation Process
FTMO Challenge: Traders select an account size (e.g., $10K–$200K) and aim for a ~10% profit, while adhering to capital protection rules—max daily and total drawdowns, and at least four trading days. There's no time limit to complete it (FTMO).
Verification: A follow-up phase with similar rules but a lower profit target (~5%) to prove consistency (FTMO).
💰 2. FTMO Account & Profit Sharing
Upon passing Verification, you gain a “funded demo” account with up to $200K in virtual capital and no profit target or minimum trading days—only drawdown limits remain (FTMO).
Profit split: You keep 80%, which can scale to 90% via the Scaling Plan (FTMO).
The initial challenge fee is refunded after your first payout (AquaFunded).
📊 3. Trading Tools & Community
Access to a suite of tools during the challenge and as an FTMO Trader:
Educational content: FTMO Academy and resources via the FTMO App (FTMO).
Active community: 24/7 multilingual support and a Discord group (FTMO).
💻 4. Multi-Platform & Multi-Instrument Access
Platforms: MetaTrader 4, MetaTrader 5, cTrader, and DXtrade across desktop, web, and mobile (FTMO).
Instruments: Trade forex, indices, commodities, stocks, cryptocurrencies, CFDs, etc.—over 100 assets (Investing.com).
Leverage: Up to 1:100 (1:30 on Swing Accounts) (FTMO).
🛡️ 5. Risk Management & Discipline
Firm drawdown limits: maximum daily and overall loss caps to enforce discipline (FTMO).
Demo trading mimics live conditions: spreads, swaps, execution latency, trading hours, and simulated trading fees (FTMO).
📈 6. Scaling Plan & Premium Programme
Scaling Plan: Successful funded accounts can be scaled—25% quarterly increases up to multi‑million capital (AquaFunded).
Premium Programme: Top traders can become Quantlane professionals—earning a fixed salary, bonuses, and institutional conditions (FTMO).
🚀 7. Additional Highlights
Free Trial: Risk-free demo access before committing (Investing.com).
24/7 Support: Round-the-clock customer assistance in many languages (FTMO).
Highly rated: Strong community feedback and positive reviews (e.g., Investing.com gives 4.8/5) (Investing.com).
✅ Summary
FTMO features a structured, two-step evaluation to train and select traders, generous profit splits (up to 90%), extensive trading tools and education, multiple platforms & markets, robust risk-controls, growth and career advancement opportunities with its scaling and premium programs, and full support and community.
Let me know if you'd like deeper insights into any part of the program or how it compares to other prop firms!
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