FTMO Overview
Established in 2015, FTMO has revolutionized the model of proprietary trading companies by providing a unique evaluation process to identify and train trading talents. The Czech Republic-based company has paid more than $66 million USD to its traders and operates in more than 65 countries, reflecting its global influence and success.
The core of FTMO is its evaluation process, including the FTMO challenge and verification phase. The purpose of this process is to assess the trader's skills, discipline, and ability to comply with established trading goals. After successfully completing this process, traders can operate FTMO accounts with balances of up to $200,000 USD and receive up to 90% profit sharing.
The FTMO blueprint is to focus on expanding its global influence, improving trading conditions, and developing more educational and analytical tools. The company's goal is to establish long-term relationships with traders, which is reflected in its "Scaling Plan", which increases account balances to achieve sustained profitability.
The company also emphasizes education and support, providing a free FTMO academy, performance coaching and customer support in 16 languages. FTMO is committed to providing a comprehensive trading environment and is ready for the continued growth and innovation of the proprietary trading industry.
FTMO Features
- Evaluation Process: 2-step process, including FTMO challenge and verification
- FTMO Account: Successful traders trade up to $200,000 USD and have a profit share of up to 90%%
- Scaling Plan: For stable traders, increase their account balance by 25% every 4 months
- Free Trial: FTMO can first use Free Trial for simulation practice
- Profit Split: 80% of the profit sharing, increased to 90% under certain conditions
- Trading Platform: Provide MT4, MT5, dxTrade, and cTrader
- Free Trading Style: Supports a variety of strategies, including EA and hedging