- What funded means here
- Sim-Funded account (simulated capital, same size as the Evaluation) after ID verification and signing the Sim-Funded terms, which FTMO says typically follows a 1 to 3 business day review. A Live Funded account backed by FTMO capital is offered by invitation only.
- Profit split
- 90/10 in the trader's favor on Sim-Funded and Live Funded accounts.
- How often you can withdraw
- Once per payout cycle: Growth after 4 qualifying days, Pro after 5 (FTMO lists this as every 4 days and every 5 days). Live Funded accounts can request payouts daily once a one-time buffer is cleared.
- Minimum payout
- $20
- Payout cap
- Per request on Sim-Funded: Growth $2,500 / $3,000 / $4,000 and Pro $5,000 / $6,000 / $8,000 for 50K / 100K / 150K. Growth can withdraw up to 50% of profit above the starting balance per request, Pro up to 100%. No payout cap on Live Funded accounts.
- What you must do first
- Each cycle needs qualifying days with closed profit at or above a daily minimum: Growth 4 days at $150 / $250 / $300, Pro 5 days at $200 / $300 / $500 (50K / 100K / 150K). At least 50% of each request must be new profit from the current cycle. Confirming a request closes all open positions and orders, and the amount comes off the account balance. Paid in USD by Wise, Revolut bank wire, Visa Direct or Mastercard Send (Mastercard Send not for US clients). US residents need a W-9 and a US bank account at a licensed bank; fintech accounts such as Wise or Chime are not accepted.
- Path to a live account
- Not something you apply for: FTMO's Trading Department decides who moves up after reviewing Sim-Funded trading. On a Live Funded account the Max Drawdown is the only remaining objective; you clear a one-time buffer before the first payout, then can withdraw profit above the buffer daily with no cap at 90/10. Residents of some countries (including Bulgaria, Croatia, Nigeria, Pakistan, the Philippines, South Africa and Turkey) can use Sim-Funded accounts but cannot get a Live Funded account.
- Ongoing fees
- No activation fee, and no charges once the Evaluation is passed. Commissions of $0.50 per side (minis) or $0.20 per side (micros) plus exchange and NFA fees apply to trades. Live Funded accounts pay a market data fee, with FTMO covering one exchange.