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FTMO is one of the most established prop firms around today. The firm says it has paid out more than $500 million in rewards worldwide, serves traders in 140+ countries, and offers accounts up to $200,000. Its evaluation is still one of the most recognized among prop firms, and many traders treat passing FTMO’s evaluation as a mark of discipline. However, FTMO evaluations are still among the most expensive in the industry.
For cryptocurrency traders, FTMO’s structure is more complex than SizeProp. The standard two-step model uses a 10% profit target in the FTMO Challenge and 5% in Verification. On a $100,000 account, that means reaching $10,000 in phase one and $5,000 in phase two without breaching the 5% maximum daily loss or 10% maximum loss. FTMO also requires a minimum of four trading days during evaluation. The trading period itself is now unlimited, which is an improvement, but the minimum-day requirement still means traders cannot simply hit a target quickly and move on.
Infrastructure is another key distinction for this Prop firm. FTMO offers four trading platforms, including MT4, MT5, cTrader, and DXtrade. That is a strong lineup in traditional prop terms, but it is still a multi-asset, forex-rooted environment rather than a crypto-native one. For cryptocurrency traders who want to hold positions over the weekend, FTMO offers a Swing account type with no weekend or overnight holding restrictions, but the firm notes that Swing is available only to traders who have qualified through the two-step FTMO Challenge.
Lastly, FTMO’s 1-Step product offers up to 90% of profit and up to a $200,000 account size. However, like many other prop firms, the overall experience still feels as though crypto trading has been integrated into a broader legacy framework rather than built from day one.
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