Does FTMO pay out?
The verdict, the risk score and the figures behind them.
We found dated, attributable evidence of payouts reaching traders.
Yes. FTMO pays, and the evidence that money leaves is unusually strong for this industry.
- Eight dated, attributable payout reports from named traders in August 2026 alone, several describing a second, third or fifth payout, with funds arriving within days of the request.
- Identity is fully verifiable: three Czech entities with registration numbers, a real Prague office and named founders who have run the business for over ten years.
- The consistency rule is published as a hard number, 50% of Positive Days' Profit, is shown live in the dashboard, and breaching it pauses a payout rather than killing the account.
- The real risk is not refusal to pay. It is that hard loss limits are absolute, and a cluster of traders in August 2026 report execution slippage pushing a loss marginally past a limit and costing them the account.
- FTMO reserves sole discretion over what counts as a forbidden practice, and does not answer its negative reviews in public.
Risk breakdown
Six axes, each scored 1-10. Higher means more risk.
Six axes, scored 1 to 10, where a higher number means more risk. Being unregulated is normal for a prop firm and is not scored against them.
- Identity & transparency1/10
Three Czech entities with verified registration numbers and court inserts, a real Prague office, founders named and matching the registry, ten years of continuous history, and an explicit disclosure that the service is not regulated rather than a false claim.
- Payout3/10
Eight dated attributable payouts in August 2026 including repeat withdrawals, fee refunded on first payout, timings matching the published process; held above 1 by a real cluster of denial-on-marginal-breach reports and no public engagement with them.
- Terms & rug-pull risk4/10
Strongly mitigated by a published numeric consistency threshold, arithmetic drawdown rules, seven days' notice with a right to reject amendments and an EU consumer dispute route; offset by sole discretion over forbidden practices, a reputation-damage clause and no compensation on violation.
- Trading conditions4/10
Simulated status disclosed plainly on every page and in the terms, liquidity providers acknowledged and OANDA now group-owned; raised by credible time-clustered August 2026 reports of stop-losses and fills not honouring set levels.
- Reputation3/10
50,169 reviews at 4.8 with a heavy tail of specific dated payout confirmations; discounted because the programme runs on invited reviews, FTMO posts no replies on the one-star tail, and traders allege sanctions for public complaints.
- Operational & social2/10
Discord of 132,304 members with 11,944 online, 420K YouTube subscribers, 40,909 on LinkedIn, published phone number and live chat, and reviews arriving within minutes; only softness is a YouTube cadence that has slowed to roughly monthly.
Payout reality
Whether the money actually arrives, and what we could evidence.
Money demonstrably leaves, at volume and at speed. Across a review platform carrying 50,169 reviews we read eight dated, attributable payout reports in August 2026 alone, from separate named accounts in different countries.
- A trader reported a fifth consecutive payout around 17 August 2026, processed quickly with no issues; another reported a third payout in the same week.
- A first payout on a $10,000 account, requested on a Friday and received shortly after, and a Japanese trader who submitted on a Saturday and was paid Tuesday morning.
- Further dated confirmations on 20 and 21 August 2026, and a trader describing two separate reward withdrawals.
- The stated process matches the reports: review within 1-2 business days, then payment within 1-2 business days, by wire, Visa Direct, Mastercard Send, Skrill or crypto.
What we could not evidence, and where the real risk sits. The firm's own claims of $650M paid and 4.5M customers are claims, not records, and we did not verify them. The review platform runs on invited reviews, which inflates volume and tone. Most importantly, a genuine cluster of traders in mid to late August 2026 report the same mechanic on two independent platforms: a stop-loss filling worse than the level set, or slippage on gold, pushing a loss marginally past a hard daily limit and costing the whole account. One trader who passed both phases was disqualified for alleged one-sided betting and says the specific evidence was withheld. That is the failure mode to understand before paying: not a refusal to pay a clear winner, but absolute limits enforced on executions the trader does not control.
How the program works
The evaluation, the funded phase and what the firm keeps.
A trader buys a non-refundable evaluation, trades a simulated account against published targets, and on passing is offered a contract with FTMO Trading to receive a reward for the data generated on a simulated FTMO Account.
- Account sizes: $10,000, $25,000, $50,000, $100,000 and $200,000 of simulated capital.
- 1-Step: 10% profit target, 3% maximum daily loss, 10% maximum trailing loss, no minimum trading days, then a 90% reward share.
- 2-Step: 10% then 5% targets, 5% daily and 10% maximum loss, 80% share rising to 90% under the Scaling Plan or Premium Programme.
- Best Day Rule (1-Step only): your single best day must not exceed 50% of Positive Days' Profit. The 2-Step has no consistency rule.
- Payouts: claimable on the 14th day after the first placed trade and on demand after that, with all positions closed. Minimum $20 by wire, $50 by crypto.
- Fee: refunded in full with the first reward withdrawal. Free Trials are unlimited.
Who they are
The company behind the brand, and where it is registered.
- Brand: FTMO, trading since 2015.
- Legal entities: FTMO Evaluation Global s.r.o. (ID 092 13 651) contracts for the evaluation; FTMO Trading Global s.r.o. (ID 094 18 415) owes the reward; FTMO s.r.o. (ID 031 36 752) is the original technology company.
- Registered: Commercial Register at the Municipal Court in Prague, Section C, Inserts 332660, 335283 and 227963 respectively.
- Address: Quadrio offices, Purkynova 2121/3, 110 00 Prague, Czech Republic, a real commercial building matching the registry.
- Website: ftmo.com
- Team disclosed: Yes. Co-founder and CEO Otakar Suffner and co-founder and CTO Marek Vasicek are both named on the registry as authorised representatives and quoted on the record.
- Reach: Marketed in 140+ countries with separate Global, United States and Australia regions; a published restricted-jurisdiction list applies.
Company on record
The legal entity named in the terms, as found on a public registry.
- Legal name
- FTMO Evaluation Global s.r.o.
- Registration number
- 092 13 651
- Jurisdiction
- Czech Republic
- Registered address
- Purkynova 2121/3, Nove Mesto, 110 00 Prague 1, Czech Republic
- Registry
- Commercial Register maintained by the Municipal Court in Prague, Section C, Insert No. 332660
Why this verdict
How the findings add up to this verdict.
VERIFIED_PAYING is the honest read because the payout record is dated, recent, plural and independent, and nothing we found resembles systematic denial.
- Payouts are evidenced, not claimed. Eight separate named traders with August 2026 dates, several on repeat payouts, is far above the two-artefact standard.
- Identity is fully closed out. Three registered entities, verified numbers, a real address and founders named for a decade. No licence is claimed, and the terms state plainly that the service is not regulated, so there is no false-status finding.
- The classic denial mechanic is absent. The consistency threshold is a published number, visible live in the dashboard, curable by trading on, and explicitly not a breach. That removes the discretion most firms rely on at payout time.
- The business survived external scrutiny. Acquiring the OANDA group required approvals from five financial regulators over eight months, completed 1 December 2025.
- Against that: sole discretion over what constitutes a forbidden practice, a clause reaching conduct that may damage FTMO's reputation, no public replies to negative reviews, and a real execution-quality cluster in August 2026. Those hold the score at 18 rather than lower.
Counterpoints
The strongest case in their favour, and what would change our mind.
The case in their favour
The strongest honest case for FTMO is simply that it does the thing the industry is bad at, repeatedly and in public.
- Over ten years of continuous operation, five Deloitte Fast 50 awards, and a payout trail that is still producing dated confirmations this month.
- It publishes its consistency threshold as a number with a worked example, applies it only to the 1-Step, and treats a breach as a pause rather than a forfeiture. Very few competitors give that up.
- Every drawdown rule is defined arithmetically, with worked examples and a live dashboard reading, so a trader can check compliance in advance instead of at payout time.
- Amendments require seven days' notice with an explicit right to reject, which is materially better than the retroactive amendment clauses common in this sector.
- It states on every page that trading is simulated and that it accepts no deposits, rather than implying real capital.
- EU consumers get a named out-of-court dispute route through the Czech Trade Inspection Authority, and Czech courts are a realistic forum.
- It refunds the evaluation fee with the first payout, and its Discord of 132,000 members with nearly 12,000 online is an active, visible community.
What would change our mind
Specific, checkable things that would move this verdict.
- Downward: the August 2026 execution complaints continuing into the next quarter without a published explanation or remediation of the stop-loss and cTrader pricing discrepancies.
- Downward: any documented instance of a trader losing an account for publishing a complaint, which would turn the reputation-damage clause from a drafting risk into an active practice.
- Downward: the Best Day Rule being replaced with an undefined consistency test, or the reward becoming discretionary in the FTMO Account terms.
- Downward: a regulator naming ftmo.com or one of the three Czech entities in a warning or enforcement action, or payout approval times drifting beyond the stated 1-2 business days.
- Upward: FTMO answering payout-integrity complaints publicly with case specifics, and opening a publicly readable payout channel with certificate ids.
- Upward: a published appeal route for forbidden-practice determinations, with the evidence disclosed to the trader.
Evidence ledger
Every finding behind the verdict, with its source.
- In favour
E1Eight dated, attributable payout reports from separate named traders between 10 and 21 August 2026, including a fifth, third and first payout, one arriving within minutes of request together with the promised fee refund.
Hard proofTrustpilot review pages for ftmo.com - In favour
E2The Best Day Rule is published as a hard number, 50% of Positive Days' Profit, with a worked example, is displayed live in the Account MetriX dashboard, applies only to the 1-Step, and exceeding it is explicitly not treated as a rule breach.
Hard proofFTMO Trading Objectives page - In favour
E3Clause 2.1 of the terms states that none of the services are regulated financial services and that FTMO is not regulated by the Czech National Bank, so no licence or regulated status is claimed anywhere.
- In favour
E4Three operating entities disclosed with registration numbers and Prague court inserts: FTMO Evaluation Global s.r.o. 092 13 651, FTMO Trading Global s.r.o. 094 18 415 and FTMO s.r.o. 031 36 752, all at Purkynova 2121/3, matching the Czech Commercial Register.
- Against
E5Clause 7.3 reserves to FTMO the right to determine at its own discretion whether a strategy falls within a Forbidden Trading Practice, with no defined test and no appeal route stated, and clause 7.9 removes any compensation or fee refund.
- Against
E6A time-clustered set of independent reports between 17 and 21 August 2026 describing the same mechanic: stop-losses filling far past the level set on gold and pricing discrepancies on cTrader, with the excess loss breaching a hard daily limit and costing the account.
- In favour
E7FTMO completed the acquisition of OANDA Global Corporation from CVC Asia Fund IV on 1 December 2025, a transaction that required approvals from five financial regulators over approximately eight months.
- In favour
E8Neither FTMO nor ftmo.com appears on the French AMF's full alphabetical blacklist of unauthorised operators, checked entry by entry under the letter F on 24 August 2026, on a list that does name individual domains.
- Against
E9Clause 11.1 permits termination where a customer acts in a manner that may damage FTMO's reputation, including after termination, and traders separately allege being banned following public complaints about payout decisions.
- In favour
E10Affirmative absence of deposit rails: clause 5.3.2 states the simulated balance does not represent any deposit of funds, and every page footer states that FTMO companies do not act as a broker and do not accept any deposits.
Official channels
Official accounts and the captures we archived.
Official channels
Audience size and the latest post we could see, captured on the review date. A prop firm usually goes quiet before it stops paying, so an inactive channel is worth noticing.
What we captured
Screenshots taken by WIKILIX on the review date. Pages change; these do not.
Questions about FTMO
The questions traders actually ask about this firm.
Yes. We read eight separate dated payout confirmations from named traders in August 2026, including repeat payouts and one arriving within minutes of the request. The stated timeline is review in 1-2 business days then payment in 1-2 business days, and the reports match it.
The trading is simulated throughout, including on funded accounts. The terms state the simulated balance does not represent any deposit of funds and has no monetary value. The reward paid on profits is real money, paid out of FTMO's own revenue.
90% on the 1-Step and 80% on the 2-Step, rising to 90% under the Scaling Plan or Premium Programme. The first reward can be claimed on the 14th day after your first placed trade, then on demand. The challenge fee is refunded with that first withdrawal.
It can. FTMO reserves the right to determine at its own discretion whether a strategy is a forbidden practice, and passing does not guarantee acceptance into the trader programme. Where it acts, it owes no compensation and no refund of the fee. We found one August 2026 case where a trader who passed both phases was disqualified and says the specific evidence was withheld.
Yes, and it is worth planning for. When a reward is withdrawn and a new FTMO Account is issued, the maximum loss limit fully resets, so any drawdown cushion you had built up from prior profit is returned to the starting level.
The evaluation service is not, and FTMO says so plainly in clause 2.1 of its terms, stating it is not regulated by the Czech National Bank. That is the normal position for a prop firm selling a simulated evaluation, and FTMO claims no licence it does not hold. Separately, the group now owns the OANDA broker business, which does hold licences in its own regulated entities.
Only on the 1-Step. The Best Day Rule requires your single best day to stay at or below 50% of Positive Days' Profit. It is published with a worked example, shown live in the dashboard, and exceeding it is explicitly not a breach: you keep trading until the ratio dilutes. The 2-Step has no consistency rule.
Execution rather than payment. In mid to late August 2026 several traders independently reported stop-losses filling well past the level set, and pricing discrepancies on cTrader, with the resulting loss breaching a hard daily limit and costing the account. FTMO does not reply to these publicly.
Not that we could confirm. We checked the French AMF's full alphabetical blacklist on 24 August 2026 and neither FTMO nor ftmo.com appears. Reports of a brief 2022 AMF listing that was reversed are secondary and we found no current entry. The Czech National Bank has commented on the prop sector generally, not on FTMO.
Two different Czech companies. FTMO Evaluation Global s.r.o. sells the evaluation, and FTMO Trading Global s.r.o. is the entity that owes you the reward. Both are registered at Purkynova 2121/3 in Prague, and the split is disclosed in the terms rather than hidden.
What we would do
What we would do with our own money.
FTMO is among the few firms in this sector where the payout question is genuinely settled. Treat the remaining risk as execution risk, not counterparty risk.
- Read the Best Day Rule and the daily and maximum loss definitions before buying. Note that the 1-Step daily limit is 3% and the 2-Step is 5%, and that the limits are recalculated at midnight CE(S)T.
- Leave real headroom under the daily loss limit. The most credible complaints all involve slippage consuming a thin margin, and the limits are enforced absolutely.
- Prefer the 2-Step if your edge is concentrated in a few strong days, since it carries no consistency rule at all.
- Take the first payout at day 14 to trigger the fee refund, and be aware the maximum loss limit resets when a reward is withdrawn.
- Keep your own trade records and platform screenshots. Where disputes arise they turn on fill prices, and FTMO reserves the discretion to classify practices itself.
- Raise any dispute in writing with the support channels, and if you are an EU consumer keep the Czech Trade Inspection Authority route in reserve rather than escalating publicly first.