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What is the
FTMO Challenge?

The FTMO Challenge is a simulated trading evaluation where traders are assessed on their performance and risk management in order to qualify for an FTMO Account, where they earn monetary rewards based on their simulated trading profits.

 

Since 2015, FTMO Challenge has tested the skills of millions and has helped us identify truly serious traders.
FTMO is now a well known and trusted Modern Prop Trading firm.

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Why it works for both sides

Learning & rewards Empowerment

Growth and learning. Traders can test their skills, learn from setbacks, and earn performance-based rewards.

Serious Traders Synergy

Your success is our engine. By identifying disciplined talent, we build a community of traders that drives our mutual growth.

Trade with
trusted platform

3.5M+

Customers

$500M+

In rewards

10+ years

Since 2015

140+

Countries Served

Understanding the Mechanisms of FTMO Challenge

FTMO Challenges provide traders with an environment that simulates real market conditions

Our Challenges simulate real-world trading conditions by utilizing a demo trading environment. This includes elements such as trading fees, swaps, spreads, and trading hours, mirroring the conditions you would experience with a CFD (Contract for Difference) broker. This setup provides traders with a realistic trading experience.

By participating in the FTMO Challenge, traders gain valuable insights and experience while building essential skills.

Access detailed information on FTMO Challenge rules and get expert tips to boost your chances of passing.

Advantages

Real-World Trading Scenarios

Prepare for live markets in an environment that replicates real trading conditions, including fees and spreads.

No Time Limit

Take your time and focus on steady, consistent growth rather than aiming for quick, big profits.

Enforced Discipline

Our rules are designed to help you develop disciplined trading habits.

Controlling the Downside

Unlike traditional trading with brokers, the FTMO Challenge limits your downside to the size of the entry fee.

Mentor App

Stay on track with our specialized app that helps you follow your trading plan and enforce self-imposed limits.

Other Tools and Services

Access 24/7 support and advanced tools including 35 App Suite tools by FX Blue designed to give you a technical edge in the markets.

Learning Resources

Master the markets with the FTMO Academy, our YouTube channel, and a blog full of actionable trading tips.

Account MetriX Insights

Gain detailed insights into your trading performance with our Account MetriX tool.

Hear from FTMO Traders

Our demo platform has helped countless traders sharpen their skills and kickstart their careers. Here is what they have to say about their progress and the experience they gained.

3.5M+ Customers worldwide
$500M+ Paid in rewards worldwide
140+ Countries served
YouTube • 81K  Views
Maik
Germany

Rewards Earned
$114,907
Trading Style
Swing trader
YouTube • 62K  Views
Cinthya
Ecuador

Rewards Earned
$41,018
Trading Style
Day trader
YouTube • 56K  Views
Bjorn
Belgium

Rewards Earned
$40,931
Trading Style
Swing trader
YouTube • 66K  Views
Tarhata
USA

Rewards Earned
$25,607
Trading Style
Day trader
YouTube • 459K  Views
Pepijn
The Netherlands

Rewards Earned
$76,000
Trading Style
Scalper
YouTube • 83K  Views
Andi
United Kingdom

Rewards Earned
$37,676
Trading Style
Day trader
YouTube • 46K  Views
Fabian
USA

Rewards Earned
$96,649
Trading Style
Scalper
YouTube • 193K  Views
Choon Chiat
Malaysia

Rewards Earned
$30,182
Trading Style
Scalper
YouTube • 37K  Views
Ugnius
Lithuania

Rewards Earned
$99,706
Trading Style
Day trader
YouTube • 119K  Views
Richard
Canada

Rewards Earned
$32,500
Trading Style
Swing trader
YouTube • 350K  Views
Paul
USA

Rewards Earned
$500,180
Trading Style
Scalper

What is a Forex Funding Programme?

A 'Forex Funding Programme', often referred to as a prop trading program, is an industry-wide established term used to describe a process designed to provide traders with access to simulated capital for trading in the foreign exchange (forex) markets.

Evaluation Process

Traders need to prove their trading competence first. At FTMO, you can choose between 1-Step and 2-Step FTMO Challenge.

Trading Objectives:
Complete competitive Trading Objectives in order to progress to your FTMO Account and start gaining rewards.

Rewards

After passing the Evaluation Process and gaining your FTMO Account, you become eligible for financial rewards based on how much simulated profit you generate on your FTMO Account.

Growth

FTMO offers a structured progress path that includes:

FTMO Trader:
After successfully completing the Evaluation Process, traders become FTMO Traders.

Next possibilities:
Access exclusive benefits, explore Scaling Plan or Premium Programme and maximize your opportunities. Keep growing with FTMO all the way to Quantlane.

Quantlane:
Advanced traders may have opportunities to follow the career path and join Quantlane, a related company focused on quantitative trading strategies.

What is a Forex Funding Trading Challenge?

A 'Forex Funding Trading Challenge' is an industry-wide established term used to describe a component of the Funding Programme where traders must complete specific trading tasks and meet certain performance metrics to qualify for a simulated funded account. These challenges are designed to test a trader’s skills, discipline, and ability to manage risk. With FTMO, you can gain an account with up to $200,000 in a simulated capital.

Trading Objectives

In order to prove trading skills, traders are given Trading Objectives, such as Profit Target or Maximum Daily Loss, which they need to achieve to pass the Evaluation Process.

Risk Limits

There are predefined risk limits that traders must adhere to, such as Maximum Loss and Maximum Daily Loss limits.

Demo Environment

The FTMO Challenge (as well as Verification and FTMO Account) is conducted in a demo trading environment that simulates real market conditions without financial risk other than the fee paid for the FTMO Challenge.

What is a Forex Funded Trading Account

A 'Forex Funded Trading Account' is an industry-wide established term used to describe an account of simulated trading capital provided by a Modern Prop Trading firm to traders who successfully complete the Evaluation Process. With FTMO, you can trade up to $200,000 on an FTMO Account. Traders manage this account using popular retail trading platforms like MetaTrader 4, MetaTrader 5, or cTrader, which allow them to open and control trades. While the capital involved is entirely simulated, a portion of the profits earned is awarded to the trader.

Simulated Trading Capital

The account is funded with a specific amount of simulated capital, which can vary based on the selected program and the trader’s performance.

Performance Rewards

Parts of profits earned from simulated funded trading account are rewarded to the trader. With FTMO, you can gain up to 90% of your simulated profits made on your FTMO Account.

Demo Environment

Traders must follow strict risk management guidelines to maintain their funded status and avoid penalties or account termination.

Growth Opportunities

Successful traders may have the opportunity to increase their simulated trading capital over time, based on performance and adherence to the program’s rules. Read more about FTMO rewards and Premium Programme.

What is FTMO?

FTMO is a Modern Prop Trading firm established in 2015. Since then, we have been looking to cooperate with serious traders in order to capitalize on their trading data, while they earn rewards for their performance on simulated FTMO Accounts.

Before getting the FTMO Account, traders need to pass the Evaluation Process first.

What is a Modern Prop Trading Firm?

A ‘Modern Prop Trading firm’ is an industry-wide established term used to describe the dynamic and innovative business model that focuses on nurturing trading talent through rigorous evaluation programs, providing simulated funding, and offering rewards based on trading performance.

This model not only mitigates the financial risk for traders but also aligns their interests with the firm’s goal of achieving consistent profitability in the markets.

Is FTMO a Forex Prop Trading Firm?

While FTMO is often described as a forex prop trading firm, this term is somewhat inaccurate. FTMO does not limit itself to only simulated forex trading; instead, it provides trading opportunities across various markets on virtual CFD (Contract for Difference) platforms.

This broader scope allows traders to engage in forex, commodities, indices, and more.

Frequently Asked Questions

Find your answers here!

Before you decide to start an FTMO Challenge, we want to make sure that you understand how the process works and what is expected from you.

After you sign up, you can either start the FTMO Challenge: 1‑Step or the FTMO Challenge: 2‑Step right away, or — as we usually recommend — begin with our Free Trial. The Free Trial is a free, simplified version of the FTMO Challenge experience designed for p... Read more about How to start?

To become an FTMO Trader, you must successfully meet the conditions of one of our two products: FTMO Challenge: 1‑Step or FTMO Challenge: 2‑Step. Each product follows a different structure, which is outlined below.

FTMO Challenge: 2‑Step

The FTMO Challenge: 2‑Step consists of a two-step process.

Phase 1: FTMO Challenge

A demo account with fictitious capital where you trade according to our Read more about How do I become an FTMO Trader?

What happens next depends on whether you are participating in the FTMO Challenge: 1‑Step or the FTMO Challenge: 2‑Step, as each product follows a different structure.


FTMO Challenge: 2‑Step

After you pass all the Trading Objectives in your FTMO Challenge: 2‑Step, you will see a notification in your Account MetriX informing you about your success. At this point, you no long... Read more about I have successfully passed my FTMO Challenge, now what?

FTMO Challenge: 1‑Step is a simplified evaluation product that consists of a single evaluation phase. Unlike FTMO Challenge: 2‑Step, it does not include a separate Verification phase.

From the perspective of Trading Objectives, the two products are structured differently. More detailed information about the specific Trading Objectives is available on the Trading Objectives page.

The ev... Read more about What is FTMO Challenge: 1‑Step and how does it differ from FTMO Challenge: 2‑Step?

Rules for trading during macroeconomic news releases differ depending on whether you are participating in the FTMO Challenge: 1‑Step, the FTMO Challenge: 2‑Step, or already trading on an FTMO Account.

Within the FTMO Challenge: 1‑Step, you may trade freely during all macroeconomic news releases without any restrictions. After successfully meeting the conditions of the FTMO Challenge: 1‑Step and tran... Read more about Can I trade during news releases?

Overnight and weekend position restrictions apply only to the Standard account type. The Swing account type does not have any restrictions on holding positions overnight over the weekend, or during news releases.

For Standard accounts, these restrictions apply only once you start trading on an FTMO Account. They do not apply during the Evaluation phase.

Evaluation phase (Standard account)... Read more about Do I have to close my positions overnight?

Start Your FTMO Challenge Today
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  • Up to $200,000 FTMO Account
  • Performance-based rewards
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