FTMO

One company, and you can look it up

FTMO contracts through FTMO s.r.o., and unusually for this industry that is the whole list. The Czech state business register carries it under IČO 03136752 at Purkyňova 2121/3, Nové Město, Prague 1, as a společnost s ručením omezeným, with a date of formation of 24 June 2014 1. Our record said the firm was founded in 2015. The register is the document and the register says 2014.

That matters more than a year. Every other firm in this directory routes some part of the arrangement through a second or third company, often somewhere with no register a reader can search. FTMO names one company, in an EU member state, whose registration anybody can pull up in a browser in about twenty seconds. The entity map above is short because there is nothing else in it.

What you are buying, in the firm’s own words

It is worth quoting because it is the sentence the whole category rests on and most firms bury it. FTMO puts it in its FAQ: "all accounts we provide to our clients are demo accounts with fictitious funds and any trading is in a simulated environment only" 4. There is no money in the market. There is a simulation, a set of rules, and a contract that says the firm will pay you a share of what the simulation says you earned.

That is not a criticism and it is not a loophole — it is the product, and it is why no regulator licenses it. It does decide what a bad outcome looks like. If a broker refuses a withdrawal you have a regulator to complain to; if a prop firm refuses a payout you have a contract with a company in whatever country it is registered in, and that is the whole of it. Knowing which country is not a detail.

The split, and the four months behind it

FTMO’s Scaling Plan sets out what it takes to reach the higher reward share: a minimum of four months trading as an FTMO Trader since the last scale-up, at least 10% net simulated profit above the starting balance generated within those four months, at least two processed rewards in the same period, and a positive balance at the moment of scale-up 3. Meet all four and the share goes to 90%, on the 2-step programme only.

So 90% is real, and it is a state a trader reaches after four consecutive profitable months, not the state they start in. Publishing it as the split — which this page did — described the best outcome in the programme as the ordinary one. The record now carries what a newly funded trader is actually paid, and the route to the higher number is this paragraph rather than a figure in a table.

The same care applies to the rules above. FTMO sells two programmes, and they are not variations of each other: the 2-step carries a static maximum loss, no consistency rule and a 4-day minimum, while the 1-step carries an end-of-day trailing limit that "can only increase, but never decrease" and a best-day rule capping any single day at 50% of the profitable days’ total 2. The record scores the 2-step and says so. A directory that quietly scored whichever product tested better would be advertising.