What FTMO does

FTMO is a Prague-headquartered proprietary trading firm founded in 2015 by Otakar Šuffner (CEO) and Marek Vašíček (CTO) that operates a simulated trading platform serving retail traders in 140+ countries. The core offering consists of two evaluation products — the FTMO Challenge 2-Step and the FTMO Challenge 1-Step — through which traders pay entry fees (€79–€1,080) to demonstrate trading skill against defined profit targets and risk limits. Successful traders receive an FTMO Account with simulated capital up to $200,000 (scalable to $2 million via the Scaling Plan) and earn up to 90% of simulated profits as rewards. The platform integrates three industry-standard trading platforms (MetaTrader 4, MetaTrader 5, and cTrader) on web, desktop, and mobile, supported by the FX Blue App Suite (35+ analytical tools), a proprietary Account MetriX analytics dashboard, the FTMO Academy educational portal, and in-house Performance Coaching with sports psychologists.

The business model is primarily product-led and self-serve, with revenue generated from challenge entry fees and a 10% retained share of simulated profits. Trader discovery is driven by SEO, content marketing (FTMO Academy, 665+ blog articles), a 400K+ subscriber YouTube channel, a 100K+ member Discord community, an affiliate programme, and earned media coverage. Cumulative customers exceed 3.5 million since 2015, with cumulative trader rewards exceeding $500 million and 2024 revenue disclosed at approximately CZK 5 billion (~$200 million USD), up 25% year-over-year. The firm has won the Deloitte Fast 50 award five consecutive years and the FMLS Best Prop-Trading Firm award in 2023 and 2024.

Recent corporate development has shifted FTMO from a single-product simulated firm toward a multi-entity trading group. In 2023 FTMO acquired Quantlane, a traditional proprietary trading firm operating with real capital, creating a career path for top performers. In December 2025, FTMO completed the acquisition of OANDA Global Corporation from CVC, adding a regulated brokerage operating across multiple jurisdictions; the founders became co-CEOs of OANDA in March 2026. The OANDA deal also enabled FTMO to re-enter the US market through regulated infrastructure, complementing FTMO Global Markets (Mauritius) and the three Czech legal entities that form the operational core. Headcount stands at 300+ across offices in Prague and Ebene, Mauritius.

Name

FTMO

Legal name

FTMO Evaluation Global s.r.o.

Website

https://ftmo.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

FTMO operates a simulated proprietary trading platform serving 3.5M+ retail traders across 140+ countries. Traders pay entry fees for evaluation challenges, then earn up to 90% of simulated profits on funded demo accounts up to $200,000 (scalable to $2M).

Ownership category

akta.pro rank

Product category

Proprietary Trading Platform

NAICS

Commodity Contracts Intermediation (52316), Commodity Contracts Intermediation (523160), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Retail FX/CFD Broker Trading Venues (FSAFADAD)

Keywords

• Prop trading firm
• Simulated trading platform
• Funded trading accounts
• Trader evaluation challenges
• Profit split rewards

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. FTMO Challenge Entry Fees: Traders pay a one-time refundable fee to enter the FTMO Challenge. The fee varies by account size (from €89 for $10,000 account to €1,080 for $200,000 account under the 2-Step model, and €79–€999 for 1-Step). The fee is refunded 100% upon the first reward withdrawal. This is a one-time upfront cost that creates the primary revenue stream before traders begin generating profit splits.
2. Profit Splits on Simulated Trading: FTMO retains 10% of simulated profits on FTMO Accounts (traders receive up to 90%). This is the core recurring revenue mechanism. Top performers in the Premium Programme (Supreme status) may have additional profit-sharing terms. The firm's viability depends on traders not consistently profitable enough to deplete the simulated capital, making the challenge pass rate (~5-10%) a key business metric.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

FTMO operates a simulated proprietary trading platform that lets individual retail traders pay a one-time challenge fee to be evaluated on skill and discipline. Traders who pass receive an FTMO Account with simulated capital of up to $200,000 and earn up to 90% of simulated profits as withdrawable rewards, with the option to scale allocations up to $2,000,000. The platform supports trading in forex, indices, commodities, and crypto CFDs through MetaTrader 4, MetaTrader 5, and cTrader, complemented by an Academy, performance coaching, and 35+ analytical tools.

Product overview

FTMO is a Czech-based proprietary trading firm founded in 2015 that operates a simulated trading platform. The core offering consists of two challenge evaluation products: the FTMO Challenge 1-Step (single-step evaluation) and FTMO Challenge 2-Step (standard two-phase process). Successful traders receive FTMO Accounts with simulated capital up to $200,000 and earn up to 90% of simulated profits as rewards. The platform supports three trading platforms: MetaTrader 4, MetaTrader 5, and cTrader. Additional offerings include the Scaling Plan (up to $2,000,000 account growth), Premium Programme (Prime and Supreme tiers with exclusive benefits), FTMO Academy (educational content and psychology courses), App Suite by FX Blue (35 MetaTrader tools), Performance Coaching, Leaderboard, Economic Calendar, and the FTMO Mobile App. In December 2025, FTMO completed its acquisition of OANDA Global Corporation, expanding its presence in regulated markets worldwide. The company also acquired Quantlane in 2023, providing a career path for top performers into real proprietary trading.

Differentiator

Problem solved

Functional benefit

Brands

• Quantlane: Traditional proprietary trading firm operating with own capital in live markets, acquired by FTMO. Top performers from FTMO may progress to Quantlane as a career path.

Products and services

• FTMO Challenge: 1-Step Single-step evaluation challenge allowing traders to prove their skills and progress directly to an FTMO Account without a verification phase. Features 10% profit target, 3% max daily loss, 10% max loss, 50% best day rule, and up to 90% reward split. Available for account sizes from $10,000 to $200,000.
• FTMO Challenge: 2-Step
• FTMO Account
• FTMO Free Trial
• Premium Programme
• App Suite by FX Blue Collection of 35 MetaTrader expert advisors and tools including Mini Charts, Currency Strength, Trader Sentiment, Account History, Calculators (pip value, margin, profit/loss, Fibonacci, Pivot Points), Container, and Deal Ticket for enhanced trading analysis. Available to all FTMO traders.
• Performance Coaching

Quantifiable outcome

• 3.5M+ customers served across 140+ countries since 2015
• +6 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration16 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• OANDA Global CorporationcoreStrategic or Co-development Partner · 1 December 2025FTMO completed its acquisition of OANDA Global Corporation from CVC on December 1, 2025. The deal aims to expand FTMO's market presence by maintaining OANDA as a standalone business, leveraging OANDA's established presence in regulated markets worldwide. Following the acquisition, FTMO founders Otakar Šuffner and Marek Vašíček became OANDA co-CEOs. The OANDA partnership also enabled FTMO to re-enter the US market through OANDA's regulated US infrastructure.
• Quantlane (acquisition)coreStrategic or Co-development Partner · 1 January 2023FTMO completed the acquisition of Quantlane in autumn 2023. Quantlane is a traditional proprietary trading firm operating with its own capital in live markets. Top FTMO Traders may progress to Quantlane through the Premium Programme, potentially receiving a 2-year contract with fixed salary, performance bonus, and trading station in Prague. The acquisition reinforces FTMO's mission to create a career path from simulated to real-market trading.

Scale indicators21 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• FundedNext: FundedNext is a Dubai-based prop trading firm offering 1-step and 2-step evaluation challenges similar to FTMO, with simulated capital up to $300K and profit splits up to 90%. It is one of the most direct global competitors to FTMO in the retail FX/CFD prop space.
• Funded Trading Plus: Funded Trading Plus is a UK-based prop firm offering simulated evaluation challenges across forex and futures with profit splits up to 90%. It is a comparable retail-focused prop firm competing with FTMO on challenge pricing and platform support.
• MyFundedFX: MyFundedFX is a US-focused prop trading firm operating simulated evaluation challenges on MetaTrader and Match-Trader platforms, competing directly with FTMO on challenge pricing, profit splits, and trader onboarding across the same retail segment.
• The5ers: The5ers is an Israel-based prop firm offering both instant funding and challenge-based evaluation accounts with scaling plans. Its multi-stage scaling model and global reach closely parallel FTMO's Scaling Plan and Premium Programme.
• Topstep: Topstep is a US-based prop trading firm focused on futures contract evaluations (Trading Combine) with funded simulated accounts. While futures-focused rather than FX/CFD, it operates the same evaluation-then-funded-demo business model as FTMO for retail traders.
• Surge Trading: Surge Trading is an Australia-based prop firm offering simulated funded accounts through evaluation challenges on MetaTrader, targeting the same retail trader audience as FTMO with comparable profit-split and challenge-fee economics.
• Elite Trader Funding: Elite Trader Funding is a US-based prop firm running futures evaluation challenges with funded simulated accounts. It directly competes with FTMO in the retail simulated-funded-account space and is one of the more aggressive US entrants.
• Earn2Trade: Earn2Trade runs the Gauntlet Mini and Gauntlet 50 evaluation challenges on futures markets with funded simulated accounts, directly mirroring FTMO's challenge-to-funded-account workflow in the US futures retail segment.

Broad incumbents

• OANDA: OANDA is a globally regulated FX/CFD broker that FTMO acquired in December 2025. Pre-acquisition, OANDA was an incumbent retail FX broker with its own simulated and live trading products that overlapped with FTMO's trader audience.
• Interactive Brokers: Interactive Brokers is a global, publicly listed brokerage offering retail and professional traders access to FX, CFDs, and multi-asset trading on regulated infrastructure. While it does not run simulated challenge evaluations, it competes with FTMO's funded-trader audience as an alternative for accessing professional trading capital.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@FTMOcom
• Xx.com/FTMO_com

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FTMO