FTMO

FTMO Instant Funding Review:
FTMO is a mature, rules-driven prop house (established in 2015) built around a classic two-step evaluation: Challenge followed by Verification. There is no hard time limit to pass, beyond the requirement to trade at least four days in each phase, and the risk framework is explicit – 5% Max Daily Loss and 10% Max Loss. Platform coverage is broad, with MT4, MT5, cTrader, and DXtrade all available, and the instrument list covers FX, indices, commodities, stocks, and crypto CFDs. After you complete your first 14 days, rewards move to an on-demand model and are typically processed in roughly one to two business days via bank wire, Visa Direct / Mastercard Send (up to around $20k), Skrill, or crypto. Fees are paid once and reimbursed with your first reward rather than billed as a monthly subscription, and the scaling plan can lift simulated allocation to $2 million with rewards up to 90%.

The main trade-offs are straightforward. There is no Instant Funding product, the first reward cannot be requested before day 14, and the tight loss thresholds frequently penalise traders who rely on large intraday swings or high leverage. Jurisdictional access is limited in several regions (with U.S. clients routed through FTMO x OANDA), and the product universe mirrors CFDs rather than exchange-listed futures. An evaluation fee is still required up front, even though it can be refunded later. Overall, FTMO is a strong candidate if you value unlimited evaluation time, transparent and consistent rules, and varied, fast payout methods – but it is less suitable if you need immediate funding, daily payouts from the outset, or direct access to listed futures contracts.