At a glance
Checked 8 October 2026
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FTMO US is the US version of FTMO, run through a partnership between FTMO and OANDA. It sells two evaluation products: the FTMO Challenge: 1-Step and the FTMO Challenge: 2-Step. Traders who pass, complete identity checks and sign the Signal Provider Agreement can be given an FTMO Rewards Account. All trading is simulated. The firm says no real capital is involved at any stage, but profitable traders on an FTMO Rewards Account can receive a reward in real money. The service is only for US residents and companies incorporated in the US. The site footer states that none of the services is overseen by a financial regulator.
The 1-Step pays a 90% reward split from the start. The 2-Step starts at 80% and can rise to 90% through the Scaling Plan or Prime status in the Premium Program. The 2-Step fee is refunded with the first Reward; the 1-Step fee is not. The pages we saved did not include a US price list.
The homepage shows worldwide FTMO figures, such as "$650M+ Paid in rewards worldwide" and "Since 2015". These are the firm's own figures, which we have not verified.
Everything in this review comes from FTMO US's own web pages, saved on 7–8 October 2026. Rules and prices change, so check the firm's site before you buy.
| Highest profit split | Up to 90% source Firm's wording: “If you meet the conditions of our Scaling Plan, not only do we increase the balance of your FTMO Rewards Account by 25%, but you will be entitled to a Reward of 90% of th…” |
|---|---|
| Account types | 1-Step evaluation, 2-Step evaluation source |
| Markets | Forex, Crypto, Indices, Commodities, Metals source |
| Platforms | MetaTrader 5, TradingView source |
| Allowed / offered on at least one account type |
Rules can differ between account types — check the linked page for the account you want. |
| US traders | Accepted (check any conditions on the linked page) source |
The FTMO Challenge: 2-Step has two phases, the FTMO Challenge and the Verification. The FTMO Challenge: 1-Step has a single phase. After you pass, the firm reviews your results, typically within 1–2 business days.
| Feature | FTMO Challenge: 1-Step | FTMO Challenge: 2-Step |
|---|---|---|
| Phases | 1 (FTMO Challenge) | 2 (FTMO Challenge and Verification) |
| Reward split | 90% from the start | 80%; 90% with the Scaling Plan or Prime status |
| Fee refund | Not refunded | Refunded with the first Reward withdrawal, subject to conditions |
| Maximum time limit | None | None |
| Quickest route to a Rewards Account | As few as 2 trading days | As few as 8 trading days |
Prices. Our saved pages did not show a US price list or the pricing table. The FAQ says the fee depends on the challenge type and the amount of simulated capital. US accounts, fees and Rewards are all in US dollars. For the 2-Step, the fee is one-time and covers both stages. The 2-Step refund applies only if you pass, complete identity checks and the IRS Form W-9, and comply with the terms. The firm says the challenge fee is the only cost to participants. When we saved the homepage it was advertising a special deal on the $100K 1-Step Challenge; we did not see the price.
Account size. The homepage advertises an FTMO Rewards Account of up to $200,000. A separate FAQ page says you may become eligible for an FTMO Rewards Account with up to $400,000 in simulated capital. We could not see the list of individual account sizes.
Standard or Swing. You choose a Standard or Swing account type when you configure the challenge. A Standard account cannot later be changed to Swing. A Swing account can be changed to Standard only before any trade is placed on the current account; on an FTMO Rewards Account, that means after a Reward withdrawal or before the first trade. Standard accounts have leverage of up to 1:100; Swing accounts up to 1:30. The firm's merge FAQ indicates Swing is not offered on every account size. The trading differences are covered under Restrictions below.
Free Trial. FTMO US offers a Free Trial, an abridged version of the challenge. The 2-Step trial is one phase with a 5% profit target and 2 minimum trading days. The 1-Step trial follows the 1-Step objectives with a 5% target. Only one Free Trial is allowed at a time. You can retake it as many times as you like. A Free Trial result cannot earn you an FTMO Rewards Account.
Account limits. There is no limit on the number of challenge accounts during the evaluation, but once you are an FTMO Verified Prop Trader, total capital is capped at $400,000 in simulated funds per trader or strategy before scaling. Holding multiple accounts through different registrations is not permitted. The firm says most new challenge accounts are created within a few hours, and on rare occasions within 24 hours.
FTMO US publishes separate Trading Objectives for the 1-Step and the 2-Step. All applicable objectives must be met at the same time, and on an FTMO Rewards Account they must be complied with at all times. The loss limits are measured on equity, which includes open profit or loss, swaps and commissions. The daily loss limits, and the 1-Step maximum loss, are recalculated at 00:00 CE(S)T; the 2-Step maximum loss is a fixed level.
| Rule | FTMO Challenge: 1-Step | FTMO Challenge: 2-Step |
|---|---|---|
| Profit target | 10% (no target on the Rewards Account) | 10% in the Challenge, 5% in the Verification (no target on the Rewards Account) |
| Maximum daily loss | 3% of initial capital below the balance at 00:00 CE(S)T | 5% of initial capital below the balance at 00:00 CE(S)T |
| Maximum loss | 10%, end-of-day trailing | 10%, static (limit at 90% of initial capital) |
| Minimum trading days | Can be passed in as few as 2 trading days because of the Best Day Rule | 4 in each phase; none on the Rewards Account |
For both products, the daily and maximum loss rules also apply on the FTMO Rewards Account.
On the 1-Step, the maximum loss limit is 10% of initial capital below the highest balance recorded at 00:00 CE(S)T on any previous trading day, or below the initial capital if that is higher. The limit can only rise. When a Reward is withdrawn and a new FTMO Rewards Account is provided, it resets to 90% of initial capital.
On the 1-Step Challenge and the 1-Step Rewards Account, your most profitable day must not be more than 50% of the total profit from all profitable days. Going over this limit is not a breach; you keep trading until the best day falls to 50% or less.
The Discipline Score shown in Account MetriX is for information only and does not affect the evaluation or the Rewards Account.
News restrictions apply only to Standard accounts, and only once you trade an FTMO Rewards Account. During the evaluation of either product, you may trade through news as long as you avoid Forbidden Trading Practices. On a Standard Rewards Account, you may not open or close trades on the targeted instruments from 2 minutes before to 2 minutes after selected news releases. This includes stop-loss and take-profit orders that trigger in that window. Positions opened more than 2 minutes before the event may be held, and other instruments are not restricted. The listed events include US releases such as the Federal Funds Rate, Non-Farm Employment Change and CPI, which affect USD pairs, gold and the US indices. Breaking the rule may lead to termination of the FTMO Rewards Account.
During the evaluation, positions may be held overnight and over the weekend on either account type. On a Standard FTMO Rewards Account, you must close positions shortly before the markets close for the weekend, or if the rollover break lasts longer than 2 hours. Swing accounts have no news, overnight or weekend restrictions.
The firm says it generally does not restrict trading strategies, including discretionary trading, algorithmic trading and Expert Advisors, as long as trading is legitimate and is not a Forbidden Trading Practice. A stop-loss is not required. The Forbidden Trading Practices page itself was not among the pages we saved. Using a third-party EA risks being refused an FTMO Rewards Account if the same strategy exceeds the capital allocation limit. Each MT5 account is limited to 200 pending orders at a time and typically around 2,000 order-related actions per day. Maximum exposure limits may apply per instrument, per trade and per asset class. Travelling abroad and using a VPN or VPS are allowed. If the firm finds prohibited activity repeated across accounts, it may remove positions, reduce leverage or terminate the account.
Rewards can be requested after a minimum of 14 days from the first day of trading on the FTMO Rewards Account. The account must be in profit with no open positions or pending orders. After a request, the firm emails instructions within 1–2 business days, and withdrawals are usually processed within 1–2 business days of confirming the invoice. Rewards are paid by Revolut bank wire. The page sets a $20 minimum closed profit to cover the bank wire cost; it also says you only need enough profit to cover the transaction fees.
You must have a US Tax Identification Number, submit IRS Form W-9 with your first Reward, and prove ownership of the US bank account that receives it. The bank must be a fully licensed and regulated bank; fintech and digital-only institutions such as Wise and Chime are not accepted. Traders are responsible for their own taxes.
The base split is 80% on the 2-Step, and 90% from the start on the 1-Step. If you meet the Scaling Plan conditions, the firm increases your FTMO Rewards Account balance by 25% and raises your split to 90%. Our saved pages did not include the Scaling Plan's qualifying conditions. Reaching Prime status in the Premium Program also raises the split to 90%. All account sizes can qualify for Prime status if the conditions are met. The Premium Program and Scaling Plan are separate and can be used together. You lose Premium Program membership if you fail its FTMO Rewards Account, fail 3 accounts at any stage, or breach its contractual requirements.
Instead of withdrawing, you can leave a Reward on the account or convert it into FTMO Points for new challenges; the page values one Point at [1.15] USD, and Points expire. Rewards Accounts from the same product can be merged on request, but 1-Step and 2-Step accounts cannot be merged together. Two FAQ pages give different merge conditions: one requires the accounts not to be in drawdown and to have no pending rewards, the other requires them to be unused and in the same base currency.
You can trade on MetaTrader 5 or TradingView, chosen in the challenge configurator. TradingView trades are executed through the OANDA Broker Profile. The MT5 server time is GMT+2 with daylight saving time. The platforms page lists TradingView for web browser, Windows, macOS, iOS, Android and Linux, and MT5 for Windows, macOS, iOS and Android.
The instrument list covers 42 simulated forex pairs (majors, minors and some exotics) plus 6 other simulated instruments: 3 US indices, gold, crude oil and BTCUSD. Trading hours vary by instrument and are shown in the platform, on the Simulated Assets page and on the Trading Updates page.
Tools listed by the firm include Account MetriX, a Statistical Application, a Trading Journal, Account Analysis, an Equity Simulator and access to performance coaches.
The firm's FAQ says JV Prop Corporation, a US-registered FTMO Group company, provides the evaluation (both 1-Step and 2-Step). OANDA Prop US Corporation, described as owned by OANDA Global Corporation, provides the FTMO Rewards Account. Some infrastructure comes from OANDA Corporation, but the firm says participants have no client relationship with OANDA Corporation. The footer adds that participants do not benefit from the regulatory protections given to OANDA Corporation customers. The firm says FTMO US does not offer trading services or brokerage accounts.
FTMO Verified Prop Traders are called Signal Providers in the contract. Their simulated trades may be used by OANDA Prop US Corporation for its own trading decisions. The site lists JV Prop Corporation's registered address as 1209 Orange Street, Wilmington, Delaware. The contact FAQ says the main office is in Prague, Czech Republic.
You must be at least 18 and a legal US resident, or a company legally incorporated in the US. Eligible areas include the 50 states and several US territories, including Puerto Rico and Guam. The firm does not serve Arkansas, Delaware, Louisiana, Montana or South Carolina. One FAQ page words this as residents of those states; another says "entities" from them. Also excluded are people or entities on sanction lists, those with financial-crime or terrorism records, those previously banned, and company trusts or non-profits. If you move outside the US, you must transfer to FTMO Global or, if you are not a US citizen, FTMO AU; existing products cannot be transferred and the agreement is terminated first.
FTMO US is only open to US residents and US companies outside the five excluded states, with a US bank account and a US tax number. Traders who want the fee back should note that only the 2-Step fee is refunded, while the 1-Step offers 90% from the start with a 3% daily loss and a trailing maximum loss. Traders who hold through news or weekends can choose the Swing type, which has lower leverage (up to 1:30). EA users can trade with Expert Advisors but must work within the pending-order and daily-action limits.
MyPropGenius Rating:
The rating measures how openly FTMO US discloses its rules, pricing, payouts and ownership (our Transparency Index methodology). It does not measure how likely you are to pass or be paid.
Its imprint names the US companies as Delaware corporations, and the site states that none of its services is overseen by any financial regulator and that both stages are simulated. Its FAQ says the 2-Step fee is refunded with the first Reward if stated conditions are met, while the 1-Step fee is not refunded. Its pages show only overall figures: a worldwide rewards total for the FTMO group (not US-specific) and an 'Avg. The site's 'Since 2015' refers to the wider FTMO group, which says it acquired OANDA in 2025, so we date the US offering from Aug 2025.
Its Transparency Index score is 62/100 (Good). We do not verify payouts or test accounts; this is what the firm’s own pages show.
Check the current rules and prices on the firm's own website before you buy.
We have no commercial relationship with FTMO US. Links to its website are not affiliate links.
FTMO US brings FTMO's 1-Step and 2-Step evaluations to US residents, with simulated accounts and real-money rewards of up to 90%. The two products trade off differently: the 2-Step refunds its fee and uses a static maximum loss, while the 1-Step pays 90% from the start but keeps its fee and uses a 3% daily loss with a trailing maximum loss. Check the Standard account's news and weekend rules, and the US bank and tax requirements, before you buy.
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Find My MatchYes. FTMO US offers both the FTMO Challenge: 1-Step and the FTMO Challenge: 2-Step.
Yes during the evaluation, and always on a Swing account. On a Standard FTMO Rewards Account, you must close positions shortly before the weekend market close.
After a minimum of 14 days from your first trading day on the FTMO Rewards Account, with the account in profit and no open positions.
Only for the 2-Step, with your first Reward withdrawal. The 1-Step fee is not refunded.
MetaTrader 5 or TradingView.
No. Rewards go to a US bank account at a fully licensed bank, and the firm says fintech and digital-only institutions such as Wise and Chime are not accepted.