At FTMO, we strive to provide the best services to our clients. At the same time, we make sure that when they fulfil the required conditions and are profitable on their FTMO Account, they will get a proper payout. Want to know how many dollars we pay out each month and what are the biggest payouts are in each region?
From the beginning, FTMO's goal has been to help skilful traders solve the problem of undercapitalization. Those who are really skilled and experienced can make very good money through FTMO without risking their own capital. Thus, during our time on the market we have been able to create more than 138,000 FTMO Accounts for our FTMO Traders. We then pay them millions of dollars per month from their proceeds.
Highest payouts in the regions
Dariusz also experienced this in his account, as he achieved the highest payout of $964,980.55. In second place historically was Paul, who earned over $500,000 with us and also shared his strategy in a YouTube interview. Something like this is hard to beat, but nothing is impossible.
Traders in all regions were active. In Europe, Axel from Belgium took the biggest payout of $110,252.56. In the Oceania region, Adrian from Australia had the highest payout of $87,690.39. In Asia, Quang from Vietnam was the most successful, receiving $86,956.28. Traders in Africa also fared well, with Pascal from Kenya collecting the biggest payout of $74,229.14. In South America, Hugo from Brazil was the most successful, with $45,164.36 landing in his account.
How are the best ones doing?
If you want to know how our top traders are doing right now, you can check out our Leaderboard. Here you have a great overview of how the top traders are doing on any given day in absolute terms, and you can also see their percentage appreciation. However, you can only filter out traders with a certain account size. This is useful if you only want to compare yourself to the best traders who have the same account size as you. However, you need to log into your account to see the full leaderboard, and you can then access the Leaderboard from the left panel in your Client Area.
138 payouts in a row
But it's not just about individual payouts. We also like consistent traders who can make money over the long term. For them, we have a Scaling Plan. Our most consistent trader, Luis from Spain, has already made more than 138 payouts with us. As for "longevity", our trader Daniel has been with us since 2016, when few people had heard about modern prop trading.
Millions a month
The fact that we mean well is proven by the statistics on our payouts over the last four years. Interestingly enough, our most frequent payouts are made on Tuesdays (and not Mondays). So far, the most payouts in one day, up to 196, were made at the very beginning of this year, when we paid out $628,317 to traders on Tuesday, January 2.
Monthly payouts have moved from an average of 305 in 2020 to 1,713 payouts in one month in 2023 (we then sent 2,753 payouts to our clients in January 2024 alone).
Also, the amounts we pay out to our traders are very interesting. We are making you increasingly happy here, too. While in 2020 we paid out a daily average of $39,584, in 2023 it was already $209,973. At the beginning of 2024, the amount we pay out daily exceeded USD 300,000. On a monthly basis, it gets even more interesting, so while in 2020 we sent an average of $851,044 per month to trader's accounts, in 2023 it was already $5,782,324.
The best month was January 2024, in which we sent a whopping $9,643,269 to our traders. Finally, we can only add that from 2020, when we paid $3,404,178 for the entire year, the total amount paid out has increased 22-fold to a whopping $75,170,210 by 2023.
We are happy to be able to help traders around the world in this way. The numbers mentioned and the amounts of money paid out reassure us that our efforts do not go to waste and that it is all worthwhile. We keep our fingers crossed for you in your trading and hope that these statistics will give you energy and motivate you to do even better. Trade safe!
FAQs
The best month was January 2024, in which we sent a whopping $9,643,269 to our traders. Finally, we can only add that from 2020, when we paid $3,404,178 for the entire year, the total amount paid out has increased 22-fold to a whopping $75,170,210 by 2023.
Does FTMO actually pay out? ›
However, the FTMO Trader will receive a real financial reward for his trading on the FTMO Account, as long as his trading is profitable and there is no violation of the contractual conditions.
How much does FTMO take from your profits? ›
We don't charge any commissions for withdrawals.
You don't need to score any minimum profit to receive a Profit Split, only just enough to cover the transaction fees* Whatever amount of profit you generate, you are entitled to withdraw 80% of it.
What percentage of traders pass the FTMO challenge? ›
The FTMO challenge has a reputation for being extremely difficult to pass. Across FTMO's various account levels, it is estimated that only around 10% of traders are able to successfully complete the evaluation and become a funded trader. This means approximately 90% of those who attempt the challenge end up failing.
What is the maximum funds in FTMO? ›
We allow a maximum capital allocation of $400,000 on FTMO Accounts per trader or per strategy, at any given time. This can be understood as 2 FTMO Accounts – each with $200k, or 4 FTMO Accounts – each with $100k, etc.
Did FTMO ban US traders? ›
In what appears to be related to the latest MetaQuotes crackdown on the proprietary trading landscape, prop firm FTMO has stopped onboarding US clients, Finance Magnates has learned. New traders attempting to register from a US IP address were unable to complete the registration form.
Can FTMO be trusted? ›
Having successfully operated since 2015, we provided thousands of clients with their FTMO Accounts, and in total, we have paid out over $160 million. We've also been featured in Forbes and awarded by Deloitte and EY multiple times.
How much will FTMO payout in 2024? ›
Also, the amounts we pay out to our traders are very interesting. We are making you increasingly happy here, too. While in 2020 we paid out a daily average of $39,584, in 2023 it was already $209,973. At the beginning of 2024, the amount we pay out daily exceeded USD 300,000.
What happens if you lose FTMO money? ›
When you lose an FTMO challenge, you won't actually be losing something except for the fee amount that you paid for the challenge. However, you won't be able to continue with the challenge and your eligibility would be lost.
Why is FTMO expensive? ›
The fee covers the costs related to the FTMO Challenge provided by FTMO such as the designing, development, and operation of the FTMO platform (the technical infrastructure behind the provided educational services and applications).
Otakar Šuffner is the co-founder and CEO of the FTMO prop-trading platform.
What is the max daily loss on FTMO? ›
For a Normal risk account type, the limit is set at 5% of the initial balance. Let's take the Normal risk account with the 5% limit as an example. If you have a $200,000 FTMO Account, you must never exceed the total equity loss of $10,000 in one day.
How many times can I fail FTMO? ›
You will be removed from the Premium Programme if one of the following situations occurs: You fail the FTMO Account which is part of the Premium Programme. You fail 3 accounts regardless of the of the stage (FTMO Challenge, Verification, FTMO Account)
Which broker does FTMO use? ›
MetaTrader is the most widely used program among forex traders, and that applies to FTMO traders as well. The program's environment is intuitive and straightforward, however, its modifiability gives modders space to make it even better and user-friendly.
Does FTMO pay real money? ›
With FTMO, once you get to the FTMO Trader stage you can receive real rewards for your performance. You can withdraw your reward anytime between 14 to 60 days from your first trade on your FTMO Account (Profit Split).
Why was FTMO banned in India? ›
Due to regulatory developments and business decisions based on risk management considerations, FTMO does not accept clients in India, the Russian Federation, the Republic of Belarus, the Republic of Indonesia, Cuba, Venezuela, Sudan, and South Sudan.
Is a funded account real money? ›
The Funded Trader challenge and funded accounts are not live trading accounts, they are fully simulated accounts utilizing real market quotes from liquidity providers. Therefore no real money is ever traded as no orders are ever executed in live markets, they are simulated orders in a simulated environment.
Is FTMO a one time payment? ›
The one-time fee for an FTMO Challenge covers it all, including the Verification, there are absolutely no recurring fees with us.
How much commission does FTMO take? ›
Equity CFDs have a commission of 0.0040% per lot, metal CFDs (XAG, XAU, XPT and XPD) have a commission of 0.0010% per lot. For indices (cash CFDs including USOIL and UKOIL), cryptocurrencies and futures CFDs, no commission is charged by the FTMO.
