FTMO: rules explained & deals

The long-running forex/CFD prop firm (since 2015) with 2-Step, 1-Step and Instant account paths.

Last reviewed forex

Overview

FTMO is a Czech prop trading firm (FTMO s.r.o.) founded in 2015, best known for its forex and CFD evaluations. It also now runs a separate futures program, and lists a TradingView integration via the OANDA broker profile.

FTMO offers three paths: the classic 2-Step (FTMO Challenge plus Verification), a 1-Step challenge, and an Instant account that gives direct access to an FTMO Account with no evaluation. Every FTMO account is a demo account with simulated funds.

A notable 2026 change: for accounts from orders created on or after October 12, 2026, a new Consistency rule replaces the Best Day Rule on the 1-Step product.

How the evaluation works

  1. Pick a path2-Step, 1-Step or Instant. Free trials are available.
  2. Meet the objectivesAll applicable objectives at the same time, with all positions closed when the target is reached.
  3. FTMO AccountNo profit target, but you must keep complying with the loss rules at all times.
  4. RewardsWithdraw rewards, subject to the account's consistency or best-day requirement where it applies.

Rules in plain English

2-Step: targets and minimum days

10% profit target in the FTMO Challenge, 5% in the Verification, and at least 4 trading days in each phase (a trading day is one where you open at least one position, measured in CE(S)T).

2-Step: Maximum Daily Loss 5%

Each day at 00:00 CE(S)T your floor is reset to that day's starting balance minus 5% of initial capital, measured on equity including open P&L, swaps and commissions. On a $100,000 account: $95,000 on day one; if you close day one at $102,000, day two's floor is $97,000.

2-Step: Maximum Loss 10% (static)

Equity can never drop below 90% of initial capital ($90,000 on a $100,000 account). It doesn't trail.

1-Step: 10% target, 3% daily, 10% EOD trailing

One phase with a 10% target. Daily loss is 3% of initial capital. Maximum loss trails your highest end-of-day balance by 10%, only moving up, and resets to 90% of initial capital after a reward when a new FTMO Account is issued.

1-Step: Consistency (new) vs Best Day (legacy)

For orders from Oct 12, 2026, your best day can't be more than 50% of total profit (all closed P&L, losing days included). Older accounts use the Best Day Rule, which compares against profitable days only. Neither is a breach; you just keep trading until the ratio is met.

Instant: 3% daily, 10% intraday trailing, 30% consistency

Maximum loss trails your highest closed balance in real time and does not reset when you withdraw. Your best day must be 30% or less of total profit to be eligible for a reward.

Watch out
  • All FTMO day calculations use midnight Central European time, not US market close.
  • On the Instant account, once your balance exceeds 110% of initial capital, FTMO warns that withdrawing a reward could itself breach the trailing limit.

FTMO deals

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Recent rule changes

  1. FTMOConsistency

    Consistency rule replaces the Best Day Rule on 1-Step

    For accounts from orders created on or after Oct 12, 2026 (or merged after that date), your best day can't be more than 50% of total profit, losing days included. The legacy Best Day Rule compared against profitable days only. Exceeding either is not a breach; you keep trading until the ratio is met.

    Who it affects: New FTMO 1-Step Challenges and FTMO Accounts (1-Step) from that date. Older accounts stay on the Best Day Rule.

    Source: FTMO Trading Objectives

Sources

Official pages we used, reviewed October 2026. If anything here disagrees with the firm's current page, the firm's page wins.

  1. FTMO Trading Objectives

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