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FTMO

Prop trading firm (evaluation model)

FTMO logo
Founded 2015Prague, Czech Republic — FTMO s.r.o.4.8Excellenton Trustpilot

What it is

FTMO sells a trading evaluation. You pay a fee, trade to a profit target inside fixed loss limits, and if you pass you get an FTMO Account and a share of the profits it produces. It is not a broker and it does not hold your trading capital — the relationship is closer to a performance contract than to an account.

In Velquor

FTMO-Server is a supported copy target. Add a funded account as a follower in the Copy tab and the fills from the account you already trade mirror into it in well under a second — which is how a passed FTMO account gets traded without you placing every order twice.

Read this first

In FTMO's own words: "all accounts we provide to our clients are demo accounts with fictitious funds and any trading is in a simulated environment only". You are not trading real money at any stage, including after you pass. Your rewards are paid by FTMO out of its own funds against your simulated performance. That is the model across this whole industry, and it is the single most misunderstood thing about it.

How the evaluation works

Account sizes
$10k · $25k · $50k · $100k · $200k
Challenge target
10% profit
Verification target
Second phase of the 2-step route; the 1-step route has a single phase
5% profit
Maximum daily loss
5%
Maximum loss
10%
Profit split
Up to 90%
Fee
Refunded in full with your first reward withdrawal
Scales with account size

Platforms

MetaTrader 4, MetaTrader 5 and cTrader. Velquor's copy engine works with the MT5 route.

Scale, as published by FTMO

Customerstheir figure
4.5M+
Paid in rewardstheir figure
$650M+
Countries servedtheir figure
140+
Trustpilot
One of the highest-rated firms in the sector, on a large review base
4.8 / 5

Who regulates it

FTMO s.r.o.
None — a prop firm is not a regulated financial service
VAT ID CZ699005540
Prague, Czech Republic

There is no client money to protect, because there is no client money: the fee buys an evaluation and the accounts are simulated. That also means none of the investor-protection machinery that applies to a licensed broker applies here.

What to watch

  • The fee is the risk. Breach a rule — most often the 5% daily loss — and the evaluation ends; you buy another one or you stop.
  • Nothing you trade is live, before or after passing. Anyone telling you an FTMO account is "real funded capital" is wrong, and FTMO says so themselves.
  • The profit split is contractual, not automatic. Payouts follow their terms, and their terms can change.
  • Consistency and risk rules exist beyond the headline three. Read the full trading objectives for the exact product you buy, not a summary — including this one.
  • A passed account is a job with a drawdown limit, not a windfall. The same discipline that got you through the evaluation is what keeps it.
Start the challenge ↗Affiliate link — Velquor may earn a commission, at no extra cost to you.

Sources

  • FTMO — how it works (targets, limits, phases)checked 26 Jul 2026
  • FTMO — homepage (scale figures, simulated-account wording, platforms)checked 26 Jul 2026
  • FTMO — press kit and brand assetschecked 26 Jul 2026
  • Trustpilot — FTMO reviewschecked 26 Jul 2026

Figures marked their figure are the partner's own published claims and are not independently audited. Prices, spreads, licences and ratings change — verify anything you are about to act on at the source. Nothing here is financial advice, and trading leveraged products carries a high risk of loss.