What is the FTMO Challenge?
FTMO is one of the most established prop trading firms globally, founded in 2015 in the Czech Republic. Their evaluation process tests traders across two phases before granting access to funded capital from $10,000 to $200,000.
2-Step Standard Challenge Rules
| Metric | Phase 1 | Phase 2 | Funded |
|---|---|---|---|
| Profit Target | 10% | 5% | — |
| Max Daily Loss | 5% | 5% | 5% |
| Max Overall Loss | 10% | 10% | 10% |
| Min Trading Days | 4 | 4 | — |
Key Strategy Tips
1. Risk 1% Per Trade Maximum
FTMO’s own guidelines recommend 1–1.5% risk per trade. Staying at 1% gives you 10 losing trades before hitting the daily limit — plenty of room.
2. Avoid News Trading (Standard Funded)
In the Standard Funded stage, news trading is prohibited 2 minutes before and after high-impact events. Use Swing accounts if you need news freedom.
3. Use the Consistency Rule Wisely (1-Step)
The 1-Step Challenge has a Best Day Rule: no single day can account for more than 50% of total profit. Spread your gains evenly.
Current Deal
FTMO’s 100K Standard Challenge is available at €439 (regularly €540) — a 19% discount applied automatically. No code needed.