FTMO for UK and EU traders

Key facts for 2-Step (Standard and Swing) at a $100,000 notional size. Figures as of 6 November 2026 (Europe/London). Re-check official pages before you rely on a fee or a rule. Checkout and FTMO’s live Terms prevail.

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Affiliate disclosure

This page contains affiliate links. UKPropDesk (Whitethorn Investments Limited) earns a commission if you buy through FTMO links on this page. That does not change our editorial duty to state material rules and risks. We do not claim that using our link leaves your price unchanged. Commission does not affect our rankings or which firms we cover.

Other URLs on this page that are ordinary FTMO product/FAQ citations remain untracked public pages unless labelled as affiliate links.

Risk warning

Prop-style challenges charge upfront fees that you can lose in full if you fail evaluation or breach rules. FTMO accounts use demo / fictitious funds in a simulated environment only — you are not trading live brokerage capital on those accounts. Past or simulated results do not guarantee future Rewards. Nothing here is investment, tax, or regulated financial advice.

FTMO’s own materials state that its services are not regulated financial services. This overview does not imply Financial Conduct Authority (FCA) authorisation of FTMO or of this site. Do not assume that the protections of a regulated live CFD account (for example under UK retail CFD rules) apply to FTMO Accounts or Rewards. Whether any particular statutory protection applies is a legal question; it is not determined in this article.

Full rules
Read more: how a prop challenge works

How a prop challenge works

Most firms on this site sell a

A challenge with two stages. You usually need to hit a profit target in each stage, often with a smaller target the second time.

 challenge. You pay a fee, trade in a

A practice-style account that uses fake money. Passing a challenge does not, by itself, mean you have been given live brokerage money.

 with fake money, and try to hit a

How much simulated profit you need to make to pass a step.

 without breaking

The most the account can fall before you fail the challenge. Some firms also set a separate daily loss limit.

. This is a general picture. Each firm’s rules differ.

Last checked: 6 November 2026 (Europe/London). Expert Advisors last checked: 11 November 2026 (Europe/London).

  1. Pay the fee

    You buy the challenge. If you fail the rules, you can lose this fee in full.

  2. Trade within the rules

    You trade in a simulated account. The money on the screen is not live brokerage money at this stage.

  3. Hit the first target

    You need to reach the first profit target without breaching the

    The most you can lose in one day before you fail the challenge.

     or overall drawdown limits.

  4. Pass the second step

    On a two-step challenge you do it again, often with a smaller target. Some firms also sell

    A challenge with only one stage, rather than two.

     or instant products, with different rules.

  5. Request a payout

    If you pass, you may be able to request a

    A contractual payment a firm may pay if you meet its rules. It is not automatically the same as a return on a regulated investment, and not live brokerage money unless the firm’s reviewed terms clearly say so.

    . The

    The share of a Reward (a payout) you would receive, if the firm pays one. The rest stays with the firm.

     is the share you would receive if the firm pays one.

A “funded” account is often still simulated. A Reward is a contractual payment under the firm’s terms — not the same as a return on a regulated investment, unless the firm’s reviewed terms clearly say so.

On FTMO (sourced figures)

This page focuses on the 2-Step challenge (Standard and

A type of account that may let you hold trades over the weekend or around news. Leverage and other rules can differ. Always check the firm’s live terms.

). FTMO also sells 1-Step and Instant products with different rules.
  • 2-Step profit targets: 10% then 5%.
  • Daily / max loss: 5% / 10% static.
  • Fee for a $100,000 USD-balance 2-Step: about £451 (FTMO charges €540). Promo: about £367 (FTMO’s promo is €439, Standard only, not Swing). The pound figures are approximations. Rounded to the nearest pound. Your bank or card provider's exchange rate and fees decide what you actually pay in pounds, which may be more. Checkout prevails.
  • You may request a Reward from day 14 after the first trade on the FTMO Account. Default 2-Step share: 80% (up to 90% if Scaling or Premium conditions are met; those thresholds were not stated on the FTMO pages used for the overview).
  • The 2-Step fee is refunded in full with the first Reward. Accounts stay simulated.

Last checked: 6 November 2026 (Europe/London). Re-check FTMO’s live pages before you rely on a fee or a rule.

What FTMO is (and is not)

Read more: What FTMO is (and is not)

FTMO (legal name FTMO s.r.o., Czech Republic) sells simulated CFD evaluation products such as the 2-Step FTMO Challenge, plus 1-Step and Instant options for comparison.

According to FTMO’s site disclaimer and FAQs (as of 6 November 2026):

  • All accounts are demo accounts with fictitious funds in a simulated environment only.
  • Traders who pass and become “FTMO Traders” may receive real-money Rewards based on simulated profits under the FTMO Account Terms & Conditions.
  • Accounts remain simulated. Any Reward is a contractual real-money payment based on simulated profits under those Terms & Conditions — not live funded capital handed to you as brokerage money. FTMO states that its services are not regulated financial services. Do not assume that the protections of a regulated live CFD account apply.

Sources: ftmo.com/en/, 2-Step Challenge, How do I withdraw my profits?, Legal relationship FAQ.

UK eligibility

Read more: UK eligibility

United Kingdom: FTMO’s “Who can join FTMO?” restricted-country table (page schema about 30 September 2026; FTMO pages as of 6 November 2026) does not list the UK. On that basis UK residents appear able to use FTMO’s global CFD Challenge products (simulated accounts — not the separate US OANDA or Australian affiliate routes). Confirm on FTMO’s live FAQ before you pay — lists change.

Hard exclusions stated by FTMO for individuals include (non-exhaustive relative to the full FAQ): under 18; nationals and residents of Iran, Syria, Myanmar, or North Korea; people on international sanctions lists; certain financial-crime/terrorism criminal records; people previously banned for breach; and corporate clients structured as company trusts.

Source: Who can join FTMO?.

EU / European Economic Area (EEA) eligibility — check your country

Read more: EU / European Economic Area (EEA) eligibility — check your country

EEA here means the European Economic Area (EU member states plus Iceland, Liechtenstein and Norway, as commonly described). On the same FAQ table (FTMO pages as of 6 November 2026), EEA countries are not listed as residency-restricted, and FTMO presents availability as global aside from listed exceptions. That is not a blanket statement that every EU/EEA resident, every passport combination, or every payment setup is accepted.

Treat eligibility as country- and status-specific:

  • Confirm your residency against FTMO’s live restricted-country table before you pay.
  • Separate routes exist for some markets (for example US via ftmo.oanda.com; Australia via ftmo.com/au/).
  • Extra conditions apply for some sanctioned-country nationals even with EEA residency documents (traditional EEA bank account required; neobank/fintech called out as unsuitable in the FAQ summary).
  • Company trusts and nonprofits cannot contract (see company section below).

This article does not publish a homemade “all EU approved” list. Use FTMO’s FAQ as the source of truth.

Source: Who can join FTMO?.

Challenge types (CFD) — focus on Swing / 2-Step

From FTMO’s comparison table and 2-Step page (as of 6 November 2026):

Scroll horizontally to see all columns. Keyboard: focus the table area and use Left/Right arrow keys.

Product Phases Profit target Max daily loss Max loss Max loss type Min trading days Consistency Fee refund Account types
2-Step Challenge + Verification 10% then 5% 5% 10% Static 4 days per phase None on comparison table Yes — 100% with first Reward Standard + Swing
1-Step 1 phase 10% 3% 10% Trailing on balance (end of day) — 50% No Standard only
Instant Instant Account — 3% 10% Trailing on balance (intraday) — 30% No Standard only

Trading period is stated as unlimited on all three in the comparison table.

Sources: Comparison table, 2-Step Challenge.

Swing account type — 2-Step only

Material points from FTMO’s Swing FAQ (schema dateModified 6 October 2026; FTMO pages as of 6 November 2026):

  • Swing is available only on the 2-Step FTMO Challenge — not on 1-Step or Instant.
  • You must select Swing when you buy. You cannot switch from Standard to Swing later. Switching from Swing to Standard is possible only on accounts with no trades (new accounts after phase pass / Reward can qualify, per FAQ).
  • Compared with Standard:
    • No restricted-news trading ban on Swing
    • No ban on holding past market close / weekend / overnight equities for more than two hours
    • Base leverage 1:30 (Standard base 1:100)
  • Forbidden Trading Practices still apply on Swing.
  • On Standard, news and weekend restrictions apply on the FTMO Account (post-evaluation Reward stage), not during Evaluation — regardless of account type (per FTMO’s Swing FAQ and homepage FAQ blocks, as of 6 November 2026).

Source: What is the Swing account type?.

Fees (2-Step, $100,000 account)

FTMO describes a one-time purchase fee with no recurrent fee (FAQ). Prices below are the EUR list ladder embedded on the 2-Step page as of 6 November 2026 for USD balance sizes:

Scroll horizontally to see all columns. Keyboard: focus the table area and use Left/Right arrow keys.

Balance (USD) List price (approximate GBP first, then official EUR) Notes
$10,000 About £74 (FTMO charges €89). Pound figure is an approximation, not FTMO’s listed price. Rounded to the nearest pound. Your bank or card provider's exchange rate and fees decide what you actually pay in pounds, which may be more. Checkout prevails.
$25,000 About £209 (FTMO charges €250). Pound figure is an approximation, not FTMO’s listed price. Rounded to the nearest pound. Your bank or card provider's exchange rate and fees decide what you actually pay in pounds, which may be more. Checkout prevails.
$50,000 About £288 (FTMO charges €345). Pound figure is an approximation, not FTMO’s listed price. Rounded to the nearest pound. Your bank or card provider's exchange rate and fees decide what you actually pay in pounds, which may be more. Checkout prevails.
$100,000 About £451 (FTMO charges €540) Promo about £367 (FTMO’s promo is €439, 2-Step page embed, 6 November 2026), labelled “FTMO Standard account only”, only if you do not already have one active — does not apply to Swing; confirm live checkout. Pound figures are approximations. Rounded to the nearest pound. Your bank or card provider's exchange rate and fees decide what you actually pay in pounds, which may be more.
$200,000 About £903 (FTMO charges €1,080). Pound figure is an approximation, not FTMO’s listed price. Rounded to the nearest pound. Your bank or card provider's exchange rate and fees decide what you actually pay in pounds, which may be more. Checkout prevails.

2-Step fee refund (2-Step only): the full initial purchase fee is refunded with the first Reward withdrawal, via the same payment method. Per FTMO’s refund FAQ this refund is not available on 1-Step or Instant.

Other balance currencies (EUR / GBP / CZK / CAD / AUD / CHF) are offered; exact Swing fee tables for non-USD sizes are not included here — check FTMO’s live checkout for your currency.

Sources: 2-Step Challenge (embedded pricing), What fees do you charge?, Is the entry fee refunded?.

Shown first as approximate pounds: about £451 list and about £367 promo. FTMO charges in euros (list €540; promo €439 Standard only, not Swing). A listed GBP price for a £100,000 account was not found on the official pages checked on 15 November 2026. FTMO also offers other account currencies, which may use a different size ladder — do not treat the euro fee as a fee for a £100,000 account. Approximations were converted on 12 November 2026 using the Bank of England daily spot rate (£1 = €1.1961; rate source). This approximation is not FTMO’s listed price. Checkout prevails.

Payouts

Payout / Reward rules

Read more: Payout / Reward rules

From FTMO’s withdrawal FAQ (as of 6 November 2026):

  • You may request a Reward from day 14 after the first trade on that FTMO Account; all positions and pending orders must be closed.
  • Review typically 1–2 business days; send typically 1–2 business days after invoice approval.
  • 2-Step default Reward share: 80% of simulated profit; 90% if Scaling Plan or Premium Programme conditions are met (specific thresholds not stated on the FTMO pages used for this article — check FTMO’s live terms before relying on 90%).
  • 1-Step / Instant: 90% from the start.
  • Methods summarised: bank wire; Visa Direct / Mastercard Send (up to $20,000); Skrill (up to $3,000); cryptocurrency. FTMO states no extra commission on Reward withdrawals. Minimum closed profit: $20 (bank / Visa / Mastercard); $50 (crypto).
  • Instant Account note: Max Loss Limit does not reset on Reward withdrawal.
  • Tax treatment is stated as the trader’s responsibility; this article gives no tax advice.

Source: How do I withdraw my profits?.

Restrictions

Swing account: points to note

  1. Choose Swing at 2-Step checkout — switching from Standard to Swing later is not available.
  2. Swing base leverage is 1:30, not Standard’s 1:100.
  3. The $100,000 2-Step promo, about £367 (FTMO charges €439), is Standard-only. Swing pays the list price, about £451 (FTMO charges €540), unless FTMO shows another live promo. Pound figures are approximations. Rounded to the nearest pound. Your bank or card provider's exchange rate and fees decide what you actually pay in pounds, which may be more.
  4. Everything remains simulated; Rewards are contractual, not live prop capital.
  5. Company trusts and nonprofits are excluded; company KYB is slower.
  6. Forbidden Trading Practices still bind Swing traders (full list not stated on the FTMO pages used for this article).
Company accounts

Company and legal-entity accounts

Read more: Company and legal-entity accounts

FTMO’s CFD Challenge products accept natural persons and legal entities, with identity checks described as:

  1. Natural Person — KYC (Know Your Customer)
  2. Entrepreneur (sole trader / business licence) — KYB (Know Your Business)
  3. Company (legal entity) — KYB; you must be director and shareholder

Company documentation described on FTMO’s FAQ includes proof of existence, UBOs (ultimate beneficial owners) over 25%, and company proof of address (no older than 12 months). Nonprofit organisations and trusts (and companies owned by them) cannot contract.

FTMO’s stated compliance-check timing: typically under one business day for personal; up to three business days for company.

A UK limited company can sit in the “Company” KYB path if beneficial owners meet eligibility. This article does not add firm-specific process steps beyond what FTMO publishes, and it is not tax advice on trading through a limited company.

Sources: Who can join FTMO?, Legal relationship FAQ.

Sources

Eligibility, fees and account checks

  1. Re-read FTMO’s live eligibility FAQ for your country and entity type.
  2. Decide Standard versus Swing before paying — especially if you need weekend or news flexibility on the FTMO Account stage.
  3. Budget the list fee for Swing; do not assume the Standard promo applies.
  4. Remember: FTMO Accounts stay simulated; Rewards are contractual payments on simulated profits — not live brokerage capital. Do not assume that the protections of a regulated live CFD account apply.