FTMO offers a variety of features and benefits that make it an attractive option for Forex traders, including:
- Two-step challenge process: FTMO‘s challenge process is designed to assess a trader’s skills and risk management. The first step is a two-stage challenge, where traders must achieve a profit target of 10% in 30 days while adhering to strict risk management rules. If a trader passes the two-stage challenge, they will be eligible to move on to the verification phase, where they must achieve a profit target of 5% in 60 days.
- Wide range of funding accounts: FTMO offers a variety of funding accounts to choose from, depending on a trader’s experience and risk tolerance. Funding accounts range from $25,000 to $200,000.
- Competitive profit split: FTMO offers a competitive profit split of 70%/30%, with traders keeping 70% of their profits.
- Fast payouts: FTMO pays out traders within 24 hours of making a withdrawal request.
How FTMO Funding Works
Traders must first pass the two-step challenge process to become funded by FTMO. Once a trader has passed the challenge process, they will be able to open a funded account. FTMO offers a variety of funding accounts to choose from, depending on a trader’s experience and risk tolerance.
Traders who are funded by FTMO will trade with FTMO’s money. They will provide traders with a leverage of 1:100. Traders will be able to trade a wide range of Forex instruments, including currencies, commodities, and indices.
Traders who are funded by will keep 70% of their profits. FTMO will keep 30% of the profits.
Here are some of the positive reviews from FTMO traders on TrustPilot:
“FTMO is a great prop firm for experienced traders who are looking to trade with a large account. The challenge process is challenging, but it is fair. I have been funded by FTMO for over a year now and I have had a very positive experience.”
“I am a new trader and I was looking for a prop firm that could help me get started. I chose FTMO because it has a good reputation and offers a variety of funding accounts to choose from. I passed the challenge process and I am now trading with a funded account. I am very happy with FTMO and I would recommend it to other traders.”
“I have been funded by FTMO for several years now and I have had a very positive experience. The challenge process is challenging, but it is fair. I have been able to make consistent profits with my funded account. FTMO is a great prop firm for experienced traders who are looking to trade with a large account.”
Why FTMO is One of the Best Prop Firms
FTMO is one of the best prop firms in the industry because it offers a variety of features and benefits that are attractive to Forex traders. The firm’s challenge process is designed to assess a trader’s skills and risk management. They offer a wide range of funding accounts to choose from, depending on a trader’s experience and risk tolerance. FTMO also offers a competitive profit split of 70%/30%, with traders keeping 70% of their profits.
Overall, FTMO is a great prop firm for Forex traders of all experience levels. FTMO offers a variety of features and benefits that make it an attractive option for traders who are looking to trade with a large account.
Don’t miss out on our comprehensive review of FTMO and discover if it’s the right choice for your trading journey!