Searching for FTMO? Read This Before You Decide.

Most traders compare profit splits, drawdowns and entry fees.

Very few compare the rules that actually determine whether they keep the account and receive payouts.

In some cases, key conditions are not fully understood until a payout request is made - when it matters most.

See The Real Differences
  • Instant access Instant access
  • No hidden rules No hidden rules
  • Real payouts Real payouts

What Should Traders
Actually Be Evaluating?

(We’ve Done The Hard Work For You)

  1. 1.

    Drawdown Structure

    • Is it daily or overall drawdown?
    • Does it trail on equity or balance?
    • Does it stop trading after profit?
  2. 2.

    Profit Targets & Phases

    • Are targets realistic relative to drawdown?
    • How many phases must be passed?
  3. 3.

    Rule Clarity (Not Just Rule Count)

    • Are the rules clearly documented?
    • Are there consistency requirements?
    • Lot size limits? News restrictions?
  4. 4.

    Payout Conditions

    • What must occur before a payout is approved?
    • Minimum days? Trade distribution? Volume thresholds?
  5. 5.

    Reputation & Transparency

    • Independent reviews
    • Payout proof
    • Public trader feedback
  6. 6.

    Total Cost Over Time

    • Entry fee + retries = real cost
    • What's the realistic cost over 6–12 months?

Targets Comparison

CATEGORY
FTMO
Challenge Type One Step One Step
Size 200,000 200,000
Trading Period Unlimited Unlimited
Profit Target
(1st Phase)
10% 10%
Daily Loss 4% 3%
Maximum Loss 8% 10%
Leverage 1:30 1:100
Profit Split Up to 90% Up to 90%
Refund of Fee None None
Price $1196 $999 / $1183
Challenge Type Two Step Two Step
Size 200,000 200,000
Trading Period Unlimited Unlimited
Profit Target
(1st Phase)
10% 10%
Profit Target
(2nd Phase)
5% 5%
Daily Loss 5% 5%
Maximum Loss 10% 10%
Leverage 1:100 1:100
Profit Split Up to 90% Up to 90%
Refund of Fee 1st Payout 1st Payout
Free Retry Yes Yes
Price $957 $1080
This is the standard feature comparison most firms use. But the finer structural rules are what often determine whether a trader gets paid — or resets.

The Important Rule
Comparison

CATEGORY
FTMO
Drawdown Type Trailing Fixed
Consistency Rule
(1st Phase)
Limits how much profit can come from a single trading day.
None None
Consistency Rule
(Funded)
40% 50%
Trade Auto-Liquidation Rule None No
Risk management warnings and/or restrictions if you lose 1-1.5% on a trade
News Trading Allowed 4 Minute Rule
Refund of Fee None None
TrustPilot Rating 4.3 4.8
IP Checks /
Management
No Checks No third-party
or account
management allowed
Drawdown Type Fixed Fixed
Consistency Rule
(1st Phase)
Limits how much profit can come from a single trading day.
None None
Consistency Rule
(2nd Phase)
None None
Consistency Rule
(Funded)
None None
Trade Auto-Liquidation Rule None No
Risk management warnings and/or restrictions if you lose 1-1.5% on a trade
News Trading Allowed 4 Minute Rule
Refund of Fee On 1st Payout On 1st Payout
TrustPilot Rating 4.3 4.8

What Do These Rules Mean?

A consistency rule limits how much of your total profit can come from a single trading day.

Example:
If the rule is 25% and you make $10,000 total profit,
No single day can exceed $2,500.

If one day exceeds that percentage,
You may need to continue trading to “balance” results before qualifying for payout.
This means strong single-day performance can actually delay withdrawals.

Some firms apply consistency rules even after you become funded.
This can restrict how profits are distributed across trading days before payout approval.
It adds an additional structural layer traders must manage.

This caps how much profit you can generate in one day relative to your total gains.
It can require traders to spread profits across multiple sessions,
Even if market conditions were ideal in one day.

Even when “allowed,” some firms reserve the right to void trades
If execution is deemed abnormal during major news releases.
Always review specific news trading policies carefully.

Refund timing affects effective cost.
A refund on first payout reduces capital risk.
A refund after multiple payouts increases the time required to recover the initial fee.

Not all “10% drawdowns” are the same.
Two firms can advertise the same number — but calculate it very differently.

Here are the main types:

  1. Static Drawdown
    Fixed maximum loss based on starting balance.
    Example:
    $200,000 account
    10% max loss = $20,000
    That limit never moves — even if your balance grows.
  2. Trailing Drawdown (Balance-Based)
    The loss limit moves up as your balance increases.
    It only trails upward — never back down.
  3. Trailing Drawdown (Balance-Based)
    The loss limit moves up as your balance increases.
    It only trails upward — never back down.
  4. End-of-Day (EOD) Drawdown
    The limit adjusts only at the end of the trading day.
    Intraday fluctuations don’t change the threshold.

Ready To Choose The Structure
That Works
For You?

Icon
Icon
Step 1 Funded
Trading Period:
You can take as long as needed to pass your evaluation.
Unlimited Unlimited
Maximum Daily Loss:
This is the limit on daily equity usage which resets at 21:00 UTC.
$400 (4%) $400 (4%)
Maximum Loss:
You can't lose more than 8% from your account's highest point.
$800 (8%) $800 (8%)
Profit Target:
To pass, you need to reach a 10% profit target.
$1,000 (10%) -
Account Leverage:
This refers to the leverage available on your trading account.
1:30 MAX 1:30 MAX
Payouts:
You can request a payout after 30 days, then every 14 days after.
- 30 Days Then 14 Days
Profit Split:
Standard profit share is 80%, or 90% with the optional add-on at checkout.
- 80% or 90%
Minimum Days:
You must trade for a minimum number of days to pass the evaluation.
1 Day 10 Days
Consistency Rule:
Check FAQ
No Yes

Price:

$146 $102

Step 1 Funded
Trading Period:
You can take as long as needed to pass your evaluation.
Unlimited Unlimited
Maximum Daily Loss:
This is the limit on daily equity usage which resets at 21:00 UTC.
$1,000 (4%) $1,000 (4%)
Maximum Loss:
You can't lose more than 8% from your account's highest point.
$2,000 (8%) $2,000 (8%)
Profit Target:
To pass, you need to reach a 10% profit target.
$2,500 (10%) -
Account Leverage:
This refers to the leverage available on your trading account.
1:30 MAX 1:30 MAX
Payouts:
You can request a payout after 30 days, then every 14 days after.
- 30 Days Then 14 Days
Profit Split:
Standard profit share is 80%, or 90% with the optional add-on at checkout.
- 80% or 90%
Minimum Days:
You must trade for a minimum number of days to pass the evaluation.
1 Day 10 Days
Consistency Rule:
Check FAQ
No Yes

Price:

$356 $249

Step 1 Funded
Trading Period:
You can take as long as needed to pass your evaluation.
Unlimited Unlimited
Maximum Daily Loss:
This is the limit on daily equity usage which resets at 21:00 UTC.
$2,000 (4%) $2,000 (4%)
Maximum Loss:
You can't lose more than 8% from your account's highest point.
$4,000 (8%) $4,000 (8%)
Profit Target:
To pass, you need to reach a 10% profit target.
$5,000 (10%) -
Account Leverage:
This refers to the leverage available on your trading account.
1:30 MAX 1:30 MAX
Payouts:
You can request a payout after 30 days, then every 14 days after.
- 30 Days Then 14 Days
Profit Split:
Standard profit share is 80%, or 90% with the optional add-on at checkout.
- 80% or 90%
Minimum Days:
You must trade for a minimum number of days to pass the evaluation.
1 Day 10 Days
Consistency Rule:
Check FAQ
No Yes

Price:

$476 $333

Step 1 Funded
Trading Period:
You can take as long as needed to pass your evaluation.
Unlimited Unlimited
Maximum Daily Loss:
This is the limit on daily equity usage which resets at 21:00 UTC.
$4,000 (4%) $4,000 (4%)
Maximum Loss:
You can't lose more than 8% from your account's highest point.
$8,000 (8%) $8,000 (8%)
Profit Target:
To pass, you need to reach a 10% profit target.
$10,000 (10%) -
Account Leverage:
This refers to the leverage available on your trading account.
1:30 MAX 1:30 MAX
Payouts:
You can request a payout after 30 days, then every 14 days after.
- 30 Days Then 14 Days
Profit Split:
Standard profit share is 80%, or 90% with the optional add-on at checkout.
- 80% or 90%
Minimum Days:
You must trade for a minimum number of days to pass the evaluation.
1 Day 10 Days
Consistency Rule:
Check FAQ
No Yes

Price:

$716 $501

Step 1 Funded
Trading Period:
You can take as long as needed to pass your evaluation.
Unlimited Unlimited
Maximum Daily Loss:
This is the limit on daily equity usage which resets at 21:00 UTC.
$8,000 (4%) $8,000 (4%)
Maximum Loss:
You can't lose more than 8% from your account's highest point.
$16,000 (8%) $16,000 (8%)
Profit Target:
To pass, you need to reach a 10% profit target.
$20,000 (10%) -
Account Leverage:
This refers to the leverage available on your trading account.
1:30 MAX 1:30 MAX
Payouts:
You can request a payout after 30 days, then every 14 days after.
- 30 Days Then 14 Days
Profit Split:
Standard profit share is 80%, or 90% with the optional add-on at checkout.
- 80% or 90%
Minimum Days:
You must trade for a minimum number of days to pass the evaluation.
1 Day 10 Days
Consistency Rule:
Check FAQ
No Yes

Price:

$1,196 $837

Step 1 Funded
Trading Period:
You can take as long as needed to pass your evaluation.
Unlimited Unlimited
Maximum Daily Loss:
This is the limit on daily equity usage which resets at 21:00 UTC.
$16,000 (4%) $16,000 (4%)
Maximum Loss:
You can't lose more than 8% from your account's highest point.
$32,000 (8%) $32,000 (8%)
Profit Target:
To pass, you need to reach a 10% profit target.
$40,000 (10%) -
Account Leverage:
This refers to the leverage available on your trading account.
1:30 MAX 1:30 MAX
Payouts:
You can request a payout after 30 days, then every 14 days after.
- 30 Days Then 14 Days
Profit Split:
Standard profit share is 80%, or 90% with the optional add-on at checkout.
- 80% or 90%
Minimum Days:
You must trade for a minimum number of days to pass the evaluation.
1 Day 10 Days
Consistency Rule:
Check FAQ
No Yes

Price:

$2,296 $1,607

Step 1 Step 2 Funded
Trading Period:
You can take as long as needed to pass your evaluation.
Unlimited Unlimited Unlimited
Maximum Daily Loss:
This is the limit on daily equity usage which resets at 21:00 UTC.
$500 (5%) $500 (5%) $500 (5%)
Maximum Loss:
You can't lose more than 10% of your starting balance. The equity on the account must not decline below 90% of the initial balance.
$1,000 (10%) $1,000 (10%) $1,000 (10%)
Profit Target:
The first target is 10%, then 5% in the second evaluation.
$1,000 (10%) $500 (5%) -
Account Leverage:
This refers to the leverage available on your trading account.
1:100 MAX 1:100 MAX 1:100 MAX
Payouts:
You can request a payout after 30 days, then every 14 days after.
- - 30 Days Then 14 Days
Profit Split:
Standard profit share is 80%, or 90% with the optional add-on at checkout.
- - 80% or 90%
Minimum Days:
You must trade for a minimum number of days to pass the evaluation.
3 Days 3 Days 3 Days
Refund:
On the pro challenge, you get a refund when eligible for a payout.
- - On Payout
Consistency Rule:
Check FAQ
- - -
Free Retry
When you fail phase 2, you receive a free retry!
- If Failed -

Price:

$97 $67

Step 1 Step 2 Funded
Trading Period:
You can take as long as needed to pass your evaluation.
Unlimited Unlimited Unlimited
Maximum Daily Loss:
This is the limit on daily equity usage which resets at 21:00 UTC.
$1,250 (5%) $1,250 (5%) $1,250 (5%)
Maximum Loss:
You can't lose more than 10% of your starting balance. The equity on the account must not decline below 90% of the initial balance.
$2,500 (10%) $2,500 (10%) $2,500 (10%)
Profit Target:
The first target is 10%, then 5% in the second evaluation.
$2,500 (10%) $1,250 (5%) -
Account Leverage:
This refers to the leverage available on your trading account.
1:100 MAX 1:100 MAX 1:100 MAX
Payouts:
You can request a payout after 30 days, then every 14 days after.
- - 30 Days Then 14 Days
Profit Split:
Standard profit share is 80%, or 90% with the optional add-on at checkout.
- - 80% or 90%
Minimum Days:
You must trade for a minimum number of days to pass the evaluation.
3 Days 3 Days 3 Days
Refund:
On the pro challenge, you get a refund when eligible for a payout.
- - On Payout
Consistency Rule:
Check FAQ
- - -
Free Retry
When you fail phase 2, you receive a free retry!
- If Failed -

Price:

$197 $137

Step 1 Step 2 Funded
Trading Period:
You can take as long as needed to pass your evaluation.
Unlimited Unlimited Unlimited
Maximum Daily Loss:
This is the limit on daily equity usage which resets at 21:00 UTC.
$2,500 (5%) $2,500 (5%) $2,500 (5%)
Maximum Loss:
You can't lose more than 10% of your starting balance. The equity on the account must not decline below 90% of the initial balance.
$5,000 (10%) $5,000 (10%) $5,000 (10%)
Profit Target:
The first target is 10%, then 5% in the second evaluation.
$5,000 (10%) $2,500 (5%) -
Account Leverage:
This refers to the leverage available on your trading account.
1:100 MAX 1:100 MAX 1:100 MAX
Payouts:
You can request a payout after 30 days, then every 14 days after.
- - 30 Days Then 14 Days
Profit Split:
Standard profit share is 80%, or 90% with the optional add-on at checkout.
- - 80% or 90%
Minimum Days:
You must trade for a minimum number of days to pass the evaluation.
3 Days 3 Days 3 Days
Refund:
On the pro challenge, you get a refund when eligible for a payout.
- - On Payout
Consistency Rule:
Check FAQ
- - -
Free Retry
When you fail phase 2, you receive a free retry!
- If Failed -

Price:

$297 $207

Step 1 Step 2 Funded
Trading Period:
You can take as long as needed to pass your evaluation.
Unlimited Unlimited Unlimited
Maximum Daily Loss:
This is the limit on daily equity usage which resets at 21:00 UTC.
$5,000 (5%) $5,000 (5%) $5,000 (5%)
Maximum Loss:
You can't lose more than 10% of your starting balance. The equity on the account must not decline below 90% of the initial balance.
$10,000 (10%) $10,000 (10%) $10,000 (10%)
Profit Target:
The first target is 10%, then 5% in the second evaluation.
$10,000 (10%) $5,000 (5%) -
Account Leverage:
This refers to the leverage available on your trading account.
1:100 MAX 1:100 MAX 1:100 MAX
Payouts:
You can request a payout after 30 days, then every 14 days after.
- - 30 Days Then 14 Days
Profit Split:
Standard profit share is 80%, or 90% with the optional add-on at checkout.
- - 80% or 90%
Minimum Days:
You must trade for a minimum number of days to pass the evaluation.
3 Days 3 Days 3 Days
Refund:
On the pro challenge, you get a refund when eligible for a payout.
- - On Payout
Consistency Rule:
Check FAQ
- - -
Free Retry
When you fail phase 2, you receive a free retry!
- If Failed -

Price:

$497 $347

Step 1 Step 2 Funded
Trading Period:
You can take as long as needed to pass your evaluation.
Unlimited Unlimited Unlimited
Maximum Daily Loss:
This is the limit on daily equity usage which resets at 21:00 UTC.
$10,000 (5%) $10,000 (5%) $10,000 (5%)
Maximum Loss:
You can't lose more than 10% of your starting balance. The equity on the account must not decline below 90% of the initial balance.
$20,000 (10%) $20,000 (10%) $20,000 (10%)
Profit Target:
The first target is 10%, then 5% in the second evaluation.
$20,000 (10%) $10,000 (5%) -
Account Leverage:
This refers to the leverage available on your trading account.
1:100 MAX 1:100 MAX 1:100 MAX
Payouts:
You can request a payout after 30 days, then every 14 days after.
- - 30 Days Then 14 Days
Profit Split:
Standard profit share is 80%, or 90% with the optional add-on at checkout.
- - 80% or 90%
Minimum Days:
You must trade for a minimum number of days to pass the evaluation.
3 Days 3 Days 3 Days
Refund:
On the pro challenge, you get a refund when eligible for a payout.
- - On Payout
Consistency Rule:
Check FAQ
- - -
Free Retry
When you fail phase 2, you receive a free retry!
- If Failed -

Price:

$957 $669

Step 1 Step 2 Funded
Trading Period:
You can take as long as needed to pass your evaluation.
Unlimited Unlimited Unlimited
Maximum Daily Loss:
This is the limit on daily equity usage which resets at 21:00 UTC.
$20,000 (5%) $20,000 (5%) $20,000 (5%)
Maximum Loss:
You can't lose more than 10% of your starting balance. The equity on the account must not decline below 90% of the initial balance.
$40,000 (10%) $40,000 (10%) $40,000 (10%)
Profit Target:
The first target is 10%, then 5% in the second evaluation.
$40,000 (10%) $20,000 (5%) -
Account Leverage:
This refers to the leverage available on your trading account.
1:100 MAX 1:100 MAX 1:100 MAX
Payouts:
You can request a payout after 30 days, then every 14 days after.
- - 30 Days Then 14 Days
Profit Split:
Standard profit share is 80%, or 90% with the optional add-on at checkout.
- - 80% or 90%
Minimum Days:
You must trade for a minimum number of days to pass the evaluation.
3 Days 3 Days 3 Days
Refund:
On the pro challenge, you get a refund when eligible for a payout.
- - On Payout
Consistency Rule:
Check FAQ
- - -
Free Retry
When you fail phase 2, you receive a free retry!
- If Failed -

Price:

$1,897 $1,327

Before committing capital. Make sure you fully understand the structural mechanics behind the marketing.

  • Compare carefully.
  • Trade smart.
  • Choose the structure that aligns with your strategy.
Start Your Traderscale Challenge Today
  • Instant access Instant access
  • No hidden rules No hidden rules
  • Real payouts Real payouts
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