FTMO review
Updated October 12, 2026 · SumCue Editorial Team
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Our verdict
For active traders seeking simulated evaluation, FTMO is a modern prop trading firm built around its 1-Step and 2-Step Challenge and Instant Account, trusted by 4.5M+ customers worldwide. It combines round-the-clock multilingual support with academy learning and community channels for ongoing development.
Key facts
- Best for
- Traders pursuing simulated evaluation toward performance-based rewards
- Markets
- Forex, CFDs, Futures, Crypto↗
- Platforms
- MT5, MT4, CTrader, DXtrade↗
- Legal entity
- FTMO Evaluation Global s.r.o.↗
- Headquarters
- Czechia↗
- Founded
- 2015↗
- Support channels
- Email, Chat, Phone, Help-centre↗
- Features
- Demo account, Mobile app
- Audience
- Beginners
- Official website
- ftmo.com
Facts checked September 26, 2026, 4 sources
Pros and cons
Pros
- Offers 1-Step and 2-Step Challenge paths plus an Instant Account.
- Provides simulated trading with eligibility for performance-based rewards.
- Supports MT4, MT5 and cTrader for flexible platform choice.
- Maintains academy learning, psychology content and community channels.
Cons
- Focus stays on simulated evaluation rather than traditional investing services.
- Evaluation paths use different structures that need careful review.
- Platform support centres on three professional options rather than more.
Who it suits
- Traders who want structured simulated evaluation
- Learners who value academy courses and community
- Users who prefer established desktop trading platforms
Who should look elsewhere
- Investors seeking traditional share ownership
- Savers seeking everyday banking products
How FTMO compares
Frequently asked questions
Which evaluation options does FTMO offer?+
FTMO offers a 1-Step Evaluation Process and a 2-Step Evaluation Process, each with a different structure. Passing the chosen Challenge can lead to an FTMO Account. An Instant Account allows trading toward rewards from day one.
Which trading platforms does FTMO support?+
FTMO supports MT4, MT5 and cTrader for simulated trading. Traders can select the professional platform that fits their preferences. The emphasis is on flexibility and tailoring the trading experience.
Where did the company behind FTMO come from?+
FTMO grew from a small group of young day traders including its future founders. The idea was pursued in 2015 and developed into a modern prop firm. It now reports more than 4.5M customers worldwide.
Where is FTMO based?+
FTMO is based in Czechia. (Source, checked September 26, 2026)
When was FTMO founded?+
FTMO was founded in 2015. (Source, checked September 26, 2026)
Sources
- ftmo.com/en/about checked September 26, 2026
Backs: Founded
“Established in 2015”
- ftmo.com/en/contact checked September 26, 2026
Backs: Headquarters, Legal entity, Support channels
“FTMO - Quadrio offices Purkynova 2121/3 110 00 Prague Czech Republic”
- ftmo.com/en/faq/who-can-join-ftmo checked September 26, 2026
Backs: Audience
“Whether you are a beginner or already know your way around trading”
- ftmo.com/en/symbols checked September 26, 2026
Backs: Features, Markets
“As many Free Trials as you need”
- ftmo.com/en/trading-platforms checked September 26, 2026
Backs: Platforms
“FTMO MetaTrader 5 (MT5) is the modern evolution of MT4”
Compiled from 5 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Minimum deposit, Stock trade fee, Account fee, Inactivity fee, Regulators, Investor protection, Retail accounts that lose money.