FTMO uses a unique Evaluation Process which requires a one-time refundable fee to enter the FTMO Challenge. Starting fees are as low as €89 for the $10,000 Challenge during special deals.
Your fee is fully refunded once you successfully complete the two evaluation steps (Challenge and Verification) and reach the FTMO Trader stage.
FTMO costs between €89 and €439 with three stages of commitment: the FTMO Challenge requiring a refundable fee, the Verification step being free, and the FTMO Trader status resulting in a refund of the initial fee.
FTMO's structure is an Evaluation Process. You pay a one-time fee to access the challenge, and if you succeed through the stages, that initial fee is returned to you. Let's explore the three phases of this process.
FTMO Challenge (Step 1)
Price: €89 or €155 (One-time, Refundable Fee). Special deals may include the $10,000 Challenge for €89.
Websites Supported: Not explicitly stated
Best For: Traders who are confident in their ability to manage risk and meet profit goals under set limits.
Refund Policy: Refundable Fee – The fee is returned if you successfully complete the Evaluation Process.
Other Features:
- Unlimited trading period (no time limit).
- Requires a $1,000 Profit Target and $1,000 Maximum Loss limit.
- Minimum 4 trading days required.
- Provides access to in-house developed Tools & Services.
The FTMO Challenge is your entry point. You must demonstrate your discipline by adhering to strict Maximum Loss Rules while aiming for a 10% simulated profit target. When you pay this fee, you unlock helpful educational resources to guide you through the process.
Verification (Step 2)
Price: Free
Websites Supported: Not explicitly stated
Best For: Traders who successfully completed the Challenge and need to prove their consistency under slightly easier conditions.
Refund Policy: Not applicable (Free)
Other Features:
- Unlimited trading period.
- The Profit Target is reduced by half to $500.
- Maximum Loss Rules remain intact ($1,000 Maximum Loss).
- Minimum 4 trading days required.
- All Tools & Services from the Challenge stay unlocked.
Moving to Verification is simple because it costs you nothing extra. This free step is designed specifically to test your trading consistency before you gain access to the serious benefits of the FTMO Account. The reduced profit target makes passing this stage much easier.
FTMO Trader (FTMO Account) (Step 3)
Price: After passing Verification, the fee is a Refund
Websites Supported: Not explicitly stated
Best For: Highly skilled traders ready to manage substantial fictitious funds and achieve professional status.
Refund Policy: The initial FTMO Challenge fee is fully refunded.
Other Features:
- FTMO Account with up to $200,000 in fictitious funds.
- Reward up to 90% of simulated profits.
- No Profit Target and No Minimum Trading Days.
- Access to Performance Coaching Sessions and the Premium Programme.
This is the ultimate goal. You receive your initial Challenge fee back, confirming your skills, and you can earn up to 90% of the simulated profits you generate. This stage opens doors to exclusive opportunities, including the potential to apply for a professional role with Quantlane.
FTMO does not offer a traditional free trial, but the Evaluation Process is built to reward performance. The initial Challenge fee is one-time and is fully refundable upon successful completion of the Challenge and Verification steps. Since the Verification step is completely free, your final cost to acquire the FTMO Trader status and earn simulated profits is ultimately zero if you manage to complete the evaluation successfully.
