Prop Firm Pick

FTMO Discount Code

FTMO stands out as a benchmark in prop trading: transparent rules, scalable payouts, diverse tools, and strong community backing. It's ideal for disciplined traders aiming to grow their capital and skillset.

Country
Czech Republic
Review
Year Created
2015
CEO
Otakar Suffner

Firm Overview

Broker:
Institutional Liquidity Provider
Platforms:
cTrader
MT5
MT4

Consistency Rules

N/A

Firm Rules

Australian traders

  • Clients in Australia can use FTMO services which are facilitated via our affiliated VRGK entity as https://ftmo.com/au/)

News Trading

  • Allowed: Swing accounts. Not allowed: Funded accounts within 2 minutes before or after high-impact news. (Permitted during Evaluation

Weekend Trades

  • Holding trades over the weekend is prohibited for funded traders (Non-swing accounts).

Capital Allocation Limit

  • 400k max capital per strategy per person. Accounts with identical trading strategies exceeding $400,000 allocated capital may be suspended.

Third-Party Trading

  • Your account must not be traded by any third party.

Position Sizes

  • Opening significantly larger position sizes or substantially different numbers of positions compared to other trades is prohibited.

Forbidden Trading Practices

  • Provider reserves the right to determine at its discretion if certain trades, practices, strategies, or situations are considered forbidden trading.

Multiple Profile Accounts

  • Opening multiple profile accounts is prohibited.

Copy Trading

  • Allowed

Minimum trading days

  • 4 days

Inactivity rule

  • (You must open at least one trade every 30 days to prevent account termination due to inactivity. Alternatively, you can request to freeze your account for 7 days to 6 months to avoid termination.)

Payout Policy

80% profit split

Scaling Plan

  • Requirements: Minimum of 4 months cycle, At least 10% total net simulated profit, Process at least 2 rewards, Positive account balance at scale-up
  • Benefits: Upgraded reward to 90%, $2M scale-up cap, Continuous increase when criteria are met