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Prop trading firm for Futures traders
Our Summary
Trading Plans
Explore each plan's phases, price, payout timing, and requirements.
$10K FTMO Challenge: 2-Step
1
1
FTMO Challenge
Evaluation
Profit Target:
$1,000
Max Daily Loss:
$500
Max Drawdown:
$1,000 (STATIC)
Min Trading Days:
4 days
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Quick Rules Summary:
10% target, 5% max daily loss, 10% max loss, 4 minimum trading days, unlimited time.
Evaluation Fee:
$89
Notes:
Phase 1 of FTMO Challenge: 2-Step.
2
Verification
Evaluation
Profit Target:
$500
Max Daily Loss:
$500
Max Drawdown:
$1,000 (STATIC)
Min Trading Days:
4 days
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Quick Rules Summary:
5% target, 5% max daily loss, 10% max loss, 4 minimum trading days, unlimited time.
Notes:
Phase 2 Verification of FTMO Challenge: 2-Step.
3
FTMO Account
Sim-Funded
Payout Wait:
14 days
Payout Interval:
Every 14 days
Max Daily Loss:
$500
Max Drawdown:
$1,000 (STATIC)
Profit Split:
80.00% trader
News Trading:
Standard FTMO Accounts may not open or close targeted instruments from 2 minutes before to 2 minutes after selected macroeconomic releases; Swing accounts are exempt.
Payout Frequency:
Rewards can be requested after a minimum of 14 days …
Quick Rules Summary:
No profit target. 5% max daily loss. 10% max loss. 80% reward, scalable up to 90%.
Notes:
FTMO Account after FTMO Challenge: 2-Step. No profit target. Starts at 80% reward and can scale up to 90%.
$25K FTMO Challenge: 2-Step
1
1
FTMO Challenge
Evaluation
Profit Target:
$2,500
Max Daily Loss:
$1,250
Max Drawdown:
$2,500 (STATIC)
Min Trading Days:
4 days
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Quick Rules Summary:
10% target, 5% max daily loss, 10% max loss, 4 minimum trading days, unlimited time.
Evaluation Fee:
$250
Notes:
Phase 1 of FTMO Challenge: 2-Step.
2
Verification
Evaluation
Profit Target:
$1,250
Max Daily Loss:
$1,250
Max Drawdown:
$2,500 (STATIC)
Min Trading Days:
4 days
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Quick Rules Summary:
5% target, 5% max daily loss, 10% max loss, 4 minimum trading days, unlimited time.
Notes:
Phase 2 Verification of FTMO Challenge: 2-Step.
3
FTMO Account
Sim-Funded
Payout Wait:
14 days
Payout Interval:
Every 14 days
Max Daily Loss:
$1,250
Max Drawdown:
$2,500 (STATIC)
Profit Split:
80.00% trader
News Trading:
Standard FTMO Accounts may not open or close targeted instruments from 2 minutes before to 2 minutes after selected macroeconomic releases; Swing accounts are exempt.
Payout Frequency:
Rewards can be requested after a minimum of 14 days …
Quick Rules Summary:
No profit target. 5% max daily loss. 10% max loss. 80% reward, scalable up to 90%.
Notes:
FTMO Account after FTMO Challenge: 2-Step. No profit target. Starts at 80% reward and can scale up to 90%.
$50K FTMO Challenge: 2-Step
1
1
FTMO Challenge
Evaluation
Profit Target:
$5,000
Max Daily Loss:
$2,500
Max Drawdown:
$5,000 (STATIC)
Min Trading Days:
4 days
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Quick Rules Summary:
10% target, 5% max daily loss, 10% max loss, 4 minimum trading days, unlimited time.
Evaluation Fee:
$345
Notes:
Phase 1 of FTMO Challenge: 2-Step.
2
Verification
Evaluation
Profit Target:
$2,500
Max Daily Loss:
$2,500
Max Drawdown:
$5,000 (STATIC)
Min Trading Days:
4 days
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Quick Rules Summary:
5% target, 5% max daily loss, 10% max loss, 4 minimum trading days, unlimited time.
Notes:
Phase 2 Verification of FTMO Challenge: 2-Step.
3
FTMO Account
Sim-Funded
Payout Wait:
14 days
Payout Interval:
Every 14 days
Max Daily Loss:
$2,500
Max Drawdown:
$5,000 (STATIC)
Profit Split:
80.00% trader
News Trading:
Standard FTMO Accounts may not open or close targeted instruments from 2 minutes before to 2 minutes after selected macroeconomic releases; Swing accounts are exempt.
Payout Frequency:
Rewards can be requested after a minimum of 14 days …
Quick Rules Summary:
No profit target. 5% max daily loss. 10% max loss. 80% reward, scalable up to 90%.
Notes:
FTMO Account after FTMO Challenge: 2-Step. No profit target. Starts at 80% reward and can scale up to 90%.
$100K FTMO Challenge: 2-Step
1
1
FTMO Challenge
Evaluation
Profit Target:
$10,000
Max Daily Loss:
$5,000
Max Drawdown:
$10,000 (STATIC)
Min Trading Days:
4 days
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Quick Rules Summary:
10% target, 5% max daily loss, 10% max loss, 4 minimum trading days, unlimited time.
Evaluation Fee:
$540
Notes:
Phase 1 of FTMO Challenge: 2-Step.
2
Verification
Evaluation
Profit Target:
$5,000
Max Daily Loss:
$5,000
Max Drawdown:
$10,000 (STATIC)
Min Trading Days:
4 days
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Quick Rules Summary:
5% target, 5% max daily loss, 10% max loss, 4 minimum trading days, unlimited time.
Notes:
Phase 2 Verification of FTMO Challenge: 2-Step.
3
FTMO Account
Sim-Funded
Payout Wait:
14 days
Payout Interval:
Every 14 days
Max Daily Loss:
$5,000
Max Drawdown:
$10,000 (STATIC)
Profit Split:
80.00% trader
News Trading:
Standard FTMO Accounts may not open or close targeted instruments from 2 minutes before to 2 minutes after selected macroeconomic releases; Swing accounts are exempt.
Payout Frequency:
Rewards can be requested after a minimum of 14 days …
Quick Rules Summary:
No profit target. 5% max daily loss. 10% max loss. 80% reward, scalable up to 90%.
Notes:
FTMO Account after FTMO Challenge: 2-Step. No profit target. Starts at 80% reward and can scale up to 90%.
$200K FTMO Challenge: 2-Step
1
1
FTMO Challenge
Evaluation
Profit Target:
$20,000
Max Daily Loss:
$10,000
Max Drawdown:
$20,000 (STATIC)
Min Trading Days:
4 days
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Quick Rules Summary:
10% target, 5% max daily loss, 10% max loss, 4 minimum trading days, unlimited time.
Evaluation Fee:
$1,080
Notes:
Phase 1 of FTMO Challenge: 2-Step.
2
Verification
Evaluation
Profit Target:
$10,000
Max Daily Loss:
$10,000
Max Drawdown:
$20,000 (STATIC)
Min Trading Days:
4 days
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Quick Rules Summary:
5% target, 5% max daily loss, 10% max loss, 4 minimum trading days, unlimited time.
Notes:
Phase 2 Verification of FTMO Challenge: 2-Step.
3
FTMO Account
Sim-Funded
Payout Wait:
14 days
Payout Interval:
Every 14 days
Max Daily Loss:
$10,000
Max Drawdown:
$20,000 (STATIC)
Profit Split:
80.00% trader
News Trading:
Standard FTMO Accounts may not open or close targeted instruments from 2 minutes before to 2 minutes after selected macroeconomic releases; Swing accounts are exempt.
Payout Frequency:
Rewards can be requested after a minimum of 14 days …
Quick Rules Summary:
No profit target. 5% max daily loss. 10% max loss. 80% reward, scalable up to 90%.
Notes:
FTMO Account after FTMO Challenge: 2-Step. No profit target. Starts at 80% reward and can scale up to 90%.
$10K FTMO Challenge: 1-Step
1
1
FTMO Challenge
Evaluation
Profit Target:
$1,000
Max Daily Loss:
$300
Max Drawdown:
$1,000 (EOD)
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Consistency Rules:
Best Day Rule: your best day may not exceed 50% of Positive Days' Profit.
Quick Rules Summary:
10% target, 3% max daily loss, 10% trailing max loss, Best Day Rule 50%, unlimited time, no Verification phase.
Evaluation Fee:
$79
Notes:
Single FTMO Challenge phase for FTMO Challenge: 1-Step. No Verification phase.
2
FTMO Account
Sim-Funded
Payout Wait:
14 days
Payout Interval:
Every 14 days
Max Daily Loss:
$300
Max Drawdown:
$1,000 (EOD)
Profit Split:
90.00% trader
News Trading:
Standard FTMO Accounts may not open or close targeted instruments from 2 minutes before to 2 minutes after selected macroeconomic releases.
Consistency Rules:
Best Day Rule: your best day may not exceed 50% of Positive Days' Profit.
Payout Frequency:
Rewards can be requested after a minimum of 14 days …
Quick Rules Summary:
No profit target. 3% max daily loss. 10% trailing max loss. Best Day Rule 50%. 90% reward.
Notes:
FTMO Account after FTMO Challenge: 1-Step. No profit target. Best Day Rule still applies.
$25K FTMO Challenge: 1-Step
1
1
FTMO Challenge
Evaluation
Profit Target:
$2,500
Max Daily Loss:
$750
Max Drawdown:
$2,500 (EOD)
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Consistency Rules:
Best Day Rule: your best day may not exceed 50% of Positive Days' Profit.
Quick Rules Summary:
10% target, 3% max daily loss, 10% trailing max loss, Best Day Rule 50%, unlimited time, no Verification phase.
Evaluation Fee:
$199
Notes:
Single FTMO Challenge phase for FTMO Challenge: 1-Step. No Verification phase.
2
FTMO Account
Sim-Funded
Payout Wait:
14 days
Payout Interval:
Every 14 days
Max Daily Loss:
$750
Max Drawdown:
$2,500 (EOD)
Profit Split:
90.00% trader
News Trading:
Standard FTMO Accounts may not open or close targeted instruments from 2 minutes before to 2 minutes after selected macroeconomic releases.
Consistency Rules:
Best Day Rule: your best day may not exceed 50% of Positive Days' Profit.
Payout Frequency:
Rewards can be requested after a minimum of 14 days …
Quick Rules Summary:
No profit target. 3% max daily loss. 10% trailing max loss. Best Day Rule 50%. 90% reward.
Notes:
FTMO Account after FTMO Challenge: 1-Step. No profit target. Best Day Rule still applies.
$50K FTMO Challenge: 1-Step
1
1
FTMO Challenge
Evaluation
Profit Target:
$5,000
Max Daily Loss:
$1,500
Max Drawdown:
$5,000 (EOD)
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Consistency Rules:
Best Day Rule: your best day may not exceed 50% of Positive Days' Profit.
Quick Rules Summary:
10% target, 3% max daily loss, 10% trailing max loss, Best Day Rule 50%, unlimited time, no Verification phase.
Evaluation Fee:
$319
Notes:
Single FTMO Challenge phase for FTMO Challenge: 1-Step. No Verification phase.
2
FTMO Account
Sim-Funded
Payout Wait:
14 days
Payout Interval:
Every 14 days
Max Daily Loss:
$1,500
Max Drawdown:
$5,000 (EOD)
Profit Split:
90.00% trader
News Trading:
Standard FTMO Accounts may not open or close targeted instruments from 2 minutes before to 2 minutes after selected macroeconomic releases.
Consistency Rules:
Best Day Rule: your best day may not exceed 50% of Positive Days' Profit.
Payout Frequency:
Rewards can be requested after a minimum of 14 days …
Quick Rules Summary:
No profit target. 3% max daily loss. 10% trailing max loss. Best Day Rule 50%. 90% reward.
Notes:
FTMO Account after FTMO Challenge: 1-Step. No profit target. Best Day Rule still applies.
$100K FTMO Challenge: 1-Step
1
1
FTMO Challenge
Evaluation
Profit Target:
$10,000
Max Daily Loss:
$3,000
Max Drawdown:
$10,000 (EOD)
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Consistency Rules:
Best Day Rule: your best day may not exceed 50% of Positive Days' Profit.
Quick Rules Summary:
10% target, 3% max daily loss, 10% trailing max loss, Best Day Rule 50%, unlimited time, no Verification phase.
Evaluation Fee:
$499
Notes:
Single FTMO Challenge phase for FTMO Challenge: 1-Step. No Verification phase.
2
FTMO Account
Sim-Funded
Payout Wait:
14 days
Payout Interval:
Every 14 days
Max Daily Loss:
$3,000
Max Drawdown:
$10,000 (EOD)
Profit Split:
90.00% trader
News Trading:
Standard FTMO Accounts may not open or close targeted instruments from 2 minutes before to 2 minutes after selected macroeconomic releases.
Consistency Rules:
Best Day Rule: your best day may not exceed 50% of Positive Days' Profit.
Payout Frequency:
Rewards can be requested after a minimum of 14 days …
Quick Rules Summary:
No profit target. 3% max daily loss. 10% trailing max loss. Best Day Rule 50%. 90% reward.
Notes:
FTMO Account after FTMO Challenge: 1-Step. No profit target. Best Day Rule still applies.
$200K FTMO Challenge: 1-Step
1
1
FTMO Challenge
Evaluation
Profit Target:
$20,000
Max Daily Loss:
$6,000
Max Drawdown:
$20,000 (EOD)
News Trading:
Allowed during macroeconomic news releases in the evaluation phase.
Consistency Rules:
Best Day Rule: your best day may not exceed 50% of Positive Days' Profit.
Quick Rules Summary:
10% target, 3% max daily loss, 10% trailing max loss, Best Day Rule 50%, unlimited time, no Verification phase.
Evaluation Fee:
$999
Notes:
Single FTMO Challenge phase for FTMO Challenge: 1-Step. No Verification phase.
2
FTMO Account
Sim-Funded
Payout Wait:
14 days
Payout Interval:
Every 14 days
Max Daily Loss:
$6,000
Max Drawdown:
$20,000 (EOD)
Profit Split:
90.00% trader
News Trading:
Standard FTMO Accounts may not open or close targeted instruments from 2 minutes before to 2 minutes after selected macroeconomic releases.
Consistency Rules:
Best Day Rule: your best day may not exceed 50% of Positive Days' Profit.
Payout Frequency:
Rewards can be requested after a minimum of 14 days …
Quick Rules Summary:
No profit target. 3% max daily loss. 10% trailing max loss. Best Day Rule 50%. 90% reward.
Notes:
FTMO Account after FTMO Challenge: 1-Step. No profit target. Best Day Rule still applies.
Allowed Trading Instruments
Restricted Countries 75
This firm cannot accept traders from the below countries due to regulatory restrictions and compliance requirements.
Afghanistan
Anguilla
Antarctica
Antigua and Barbuda
Belarus
Belize
Bhutan
Bouvet Island
Burundi
Cape Verde
Central African Republic
Chad
Comoros
Cook Islands
Crimea
Cuba
Djibouti
Dominica
East Timor (Timor-Leste)
Equatorial Guinea
Eritrea
Eswatini
Fiji
Gabon
Gambia
Grenada
Guinea
Guinea-Bissau
Holy See
Indonesia
Iran
Iraq
Kazakhstan
Kherson (occupied)
Kiribati
Kyrgyzstan
Lesotho
Liberia
Malawi
Mali
Marshall Islands
Mauritania
Micronesia
Myanmar
Nauru
Niger
Niue
North Korea
Papua New Guinea
Republic of the Congo
Russia
Saint Barthelemy
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Samoa
San Marino
Sao Tome and Principe
Seychelles
Sierra Leone
Solomon Islands
Somalia
South Sudan
Sudan
Suriname
Syria
Tajikistan
Tokelau
Tonga
Turkmenistan
Tuvalu
Uzbekistan
Vanuatu
Venezuela
Western Sahara
Commission Schedules
These commission schedules show the per-side or round-trip trading costs, including exchange-style fees, used to mimic what trading the same futures contracts would cost in a regular cash brokerage account.
FTMO uses simulated commissions and spreads designed to mirror real-market conditions. Commissions vary by symbol and platform and are shown on FTMO's Symbols page and in the trading platform.
General Policies
Algorithm & EA Policy
Allowed
FTMO allows discretionary trading, algorithmic trading, and Expert Advisors so long as the strategy reflects legitimate real-market trading and does not breach forbidden trading practices.
Microscalping Policy
Scalping is permitted; no explicit microscalping minimum hold-time or HFT ban is stated in the cited source.
Bots Policy
Trading robots and Expert Advisors are allowed. FTMO may ask traders to adjust hyperactive EA logic or take action if automated trading breaches forbidden trading practices or the maximum capital allocation rules.
Allowed Trading Hours
Evaluation accounts can hold positions overnight and over the weekend on Standard accounts. On FTMO Accounts, Standard accounts must close positions before the weekend or rollovers longer than 2 hours; Swing accounts do not have those restrictions. Instrument-specific hours are shown on the Symbols page and in-platform.
Move to Live Criteria
Pass FTMO Challenge: 2-Step (Challenge and Verification) or FTMO Challenge: 1-Step, complete result review, then proceed through FTMO Identity to receive an FTMO Account.
Rule Enforcement Notes
Strategies are allowed provided they reflect legitimate real-market trading. FTMO may remove positions, rebalance accounts, reduce leverage, or terminate cooperation if it detects forbidden trading practices or abuse of the evaluation/account rules.
Refund Policy
FTMO Challenge: 2-Step fees are refunded with the first Reward withdrawal after passing. FTMO Challenge: 1-Step fees are one-time and are not refunded after passing.
Activation Fee Policy
No activation fee. FTMO charges only the one-time challenge entry fee.
VPN Policy
Generally allows VPN/VPS use for trading, but avoid accessing MetaTrader/cTrader accounts from US geolocations (including via VPN).
Change Log
-
Feb 26, 2026 OtherUpdated February 26, 2026.
-
Dec 31, 2025 OtherAdded to database.
Current News / Promotions
Trading Platforms
Free During Test
MetaTrader 4
MetaTrader 5
cTrader
Reviews
Trust Pilot
Rating: 4.8 / 5
Reviews: 38,704
Last checked: Feb 17, 2026
Evaluate Trustpilot reviews with a grain of salt: the platform is known to have fake review issues.
Languages Supported
English
1 language
Help & Resources
Holiday Notes
Trading is allowed with holiday-adjusted instrument hours.
Holiday updates are posted in FTMO trading updates; closures vary by symbol.
Crypto markets are typically available 24/7.
HEADS UP: Prop firms change their plans and rules all the time, and tracking it all sometimes seems impossible. We try to stay current but can't guarantee every detail is up to date. See something wrong? Let us know!
Risk & Affiliate Disclosure
Please manage risk carefully when using any prop firm. Trading involves substantial risk, and you can lose part or all of the money you spend on evaluations, subscriptions, or related services. Never invest money you cannot afford to lose.
Prop firm terms, payout policies, and account rules can change at any time, including updates that affect existing accounts. Always confirm current terms directly on the firm's official site before purchasing.
Some links and discount codes on this site may be affiliate links, which means Happy Dog Trading may receive a small commission if you choose to use them - at no cost to you - so please do use them and help support this site. Win win (-:
Commentary and reviews on these pages reflect our editorial judgment based on available public information, trader reports, researching community forums, and direct testing where applicable. Ongoing updates are published at happydogtrading.com.
Legal Notice
- While we strive to provide accurate and up-to-date information, Happy Dog Trading is not liable for any errors, omissions, or inaccuracies in the data presented. Users should verify all information directly with the respective prop firm as the authoritative source of truth before making any decisions.
- Company logos and trademarks displayed on this page are the property of their respective owners and are used here solely for identification and informational purposes. No endorsement, sponsorship, or affiliation with Happy Dog Trading is implied. All rights remain with the respective trademark and copyright holders. This information is provided for educational and comparison purposes under fair use principles.