Summary
Prague-based prop firm founded 2015. The category incumbent and the benchmark most competitors position against. Two-step evaluation (10% then 5%) with a loss-limit-based DD model. Algo-friendly on paper but restrictive in practice: no HFT, no latency arb, no tick scalping.
- EAs allowed, but HFT / latency arb / tick scalping are banned
- No copy trading from external providers
- Max 5% daily loss, 10% max loss (not trailing)
- News trading allowed on standard accounts
Challenge structure
Every phase, target, drawdown, and time limit — normalized.
| Phase | Target | Min days | Time limit | Daily DD | Max DD |
|---|---|---|---|---|---|
| Challenge | 10% | 4 | ∞ | 5% | 10% (static) |
| Verification | 5% | 4 | ∞ | 5% | 10% (static) |
| FTMO Trader | — | — | ∞ | 5% | 10% (static) |
Algo rules
What strategies and automation the firm permits.
- · FTMO flags correlated P&L across multiple accounts as termination trigger.
- · No 'gambling-style' strategies: no all-in bets, no reverse martingale doubling.
Time rules
Consistency
No consistency constraints. A single big winning day is fine.
Payouts
- First payout
- 14 days
- Subsequent
- 14 days
- Profit split
- 80% → 90%
Account grows by 25% every 4 months if you hit +10% avg monthly and stay profitable. Profit split increases to 90% after first payout.
Prohibited
- High-frequency trading (HFT)
- Tick scalping
- Latency arbitrage
- Reverse arbitrage
- Exploiting pricing errors
- Gambling-style / all-in strategies
Sources
Every rule on this page is traceable to a public firm document. If these drift, flag it on GitHub and we'll re-encode.
Simulate your strategy against FTMO's rules
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