FTMO has run its evaluation programme out of Prague since 2015, making it one of the longest-established forex prop firms. Traders pick either the 2-Step Challenge, a 10% target, then a 5% Verification target, with at least four trading days in each phase, or the 1-Step Challenge, a single 10% target under tighter daily limits. Breaching the maximum loss limit ends the account. Rewards can be claimed from the 14th day after your first trade, at an 80% split on the 2-Step route, rising to 90%, and a flat 90% on 1-Step. Expect strict, clearly published rules and no time pressure.
FTMO charges a single up-front fee and states that there are no recurring fees. On the 2-Step Challenge the fee is refunded in full with your first reward withdrawal; the 1-Step fee is not refunded. Fees are shown in euros, as listed on FTMO’s own pricing pages. Account sizes are simulated capital, and all Trading Objectives must be met at the same time. Summary only — FTMO’s full Trading Objectives and Account Agreement apply.