FTMO
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Pros and Cons
- Highly reputable and trusted broker
- Extensive range of trading instruments
- Low spreads and fees
- Excellent customer support
- Advanced trading platforms available
- Inactivity fee after 12 months
- Higher minimum deposit compared to some brokers
- Limited availability of PAMM and MAM accounts
- Verification process can be lengthy
- Withdrawal process can be slow during peak times
Introduction
In the dynamic world of trading, selecting the right broker can significantly impact a trader’s success.
FTMO has emerged as a popular choice among users, thanks to its unique evaluation process and supportive trading environment.
This comprehensive review aims to provide an in-depth analysis, covering its features, trading platforms, fees, customer service, and overall performance.
By the end of this review, you will clearly understand whether FTMO is the right broker for your trading needs.
Open a free accountBackground and Overview
FTMO was established in 2015 and has since grown to become a well-respected name in the trading community.
The broker is known for its rigorous evaluation process, which aims to identify and support skilled traders.
The company operates under the regulation of several reputable financial authorities, ensuring a safe and secure trading environment.
Key Facts
- Founded: 2015
- Headquarters: 145 City Road, London, EC1V 1AZ, United Kingdom
- Regulation: ASIC, CySEC, BaFin, MAS, VFSC, CIMA, SCA, CNMV, FCA, FSCA, BVI FSC, FSA, FSCM, CMA, NFA, CFTC, FINRA, JFSA, IIROC, AFM, CONSOB, SEBI
- Minimum Deposit: $100
- Leverage: 1:100
- Trading Platforms: MT4, MT5
- Trading Assets: Forex, Indices, Commodities, Stocks, Cryptocurrencies
Trading Platforms
FTMO offers two of the most popular trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
Both platforms are known for their user-friendly interface, advanced charting tools, and a wide range of trading instruments.
MetaTrader 4 (MT4)
MT4 is a widely used platform, especially favored by forex traders.
It offers a robust set of features, including:
- Advanced Charting: More than 55 chart types, timeframes, and technical indicators.
- Automated Trading: Support for Expert Advisors (EA) to automate trading strategies.
- User-Friendly Interface: Intuitive design suitable for both beginners and experienced users.
- Customizable: Allows customers to create and use custom indicators and scripts.
MetaTrader 5 (MT5)
MT5 is the newer version of MT4, offering enhanced features and functionality.
It includes all the features of MT4 plus:
- More Timeframes: Additional chart timeframes for more detailed analysis.
- Economic Calendar: Integrated economic calendar for real-time market news and events.
- Advanced Order Types: More complex order types for sophisticated trading strategies.
- Improved Backtesting: Enhanced back testing capabilities for automated trading systems.
Trading Instruments
FTMO provides access to a wide range of trading instruments, allowing traders to diversify their portfolios.
The available trading instruments include:
- Forex: Major, minor, and exotic currency pairs.
- Indices: Major global indices such as S&P 500, NASDAQ, FTSE 100, and more.
- Commodities: Precious metals, energies, and agricultural products.
- Stocks: Shares of major companies listed on global stock exchanges.
- Cryptocurrencies: Popular digital currencies like Bitcoin, Ethereum, Litecoin, and more.
Table: Key Trading Instruments
Instrument | Examples |
Forex | EUR/USD, GBP/USD, USD/JPY |
Indices | S&P 500, NASDAQ, FTSE 100 |
Commodities | Gold, Crude Oil, Silver |
Stocks | Apple, Microsoft, Tesla |
Cryptocurrencies | Bitcoin, Ethereum, Litecoin |
Account Types
FTMO offers various account types designed to cater to different trading needs and levels of experience.
Each account type comes with its set of features and benefits, allowing traders to choose the one that best suits their trading style and objectives.
Demo Account
The Demo Account is ideal for beginners who want to practice trading without risking real money.
It offers a risk-free environment to test trading strategies and familiarize oneself with the trading platform.
Key Features:
- Risk-free trading with virtual funds
- Full access to trading platforms (MT4 and MT5)
- Real-time market conditions
- No time limits on usage
Standard Account
The Standard Account is designed for experienced investors looking for a flexible and cost-effective trading environment.
It offers competitive spreads and access to a wide range of trading instruments.
Key Features:
- Low spreads from 0.1 pips
- Access to MT4 and MT5 platforms
- Leverage up to 1:100
- No commission on forex trades
Islamic Account
The Islamic Account is tailored for traders who require swap-free accounts in compliance with Islamic finance principles.
It ensures that no interest is charged or earned, making it Sharia-compliant.
Key Features:
- Swap-free trading
- Access to all trading instruments
- Leverage up to 1:100
- No hidden fees or charges
Professional Account
The Professional Account is designed for high-volume traders and professionals who require advanced trading features and services.
It offers enhanced trading conditions and personalized support.
Key Features:
- Lower spreads and commissions
- Priority customer support
- Access to advanced trading tools
- Higher leverage options
Table: Account Types
Account Type | Key Features |
Demo Account | Risk-free trading with virtual funds, full platform access, real-time market conditions |
Standard Account | Low spreads, MT4/MT5 access, leverage up to 1:100, no forex commission |
Islamic Account | Swap-free, access to all instruments, leverage up to 1:100, no hidden fees |
Professional Account | Lower spreads, priority support, advanced tools, higher leverage options |
Fees and Commissions
This broker is known for its competitive fee structure.
Here’s a breakdown of the key fees and commissions:
- Spreads: It offers very low spreads, starting from 0.1 pips for major forex pairs.
- Deposit and Withdrawal Fees: No fees for deposits and withdrawals.
- Inactivity Fee: $50 after 12 months of inactivity.
- Commission: This broker charges a commission on certain asset classes, but these are generally low compared to industry standards.
Table: Fees and Commissions
Fee Type | Details |
Spreads | From 0.1 pips |
Deposit Fee | None |
Withdrawal Fee | None |
Inactivity Fee | $50 after 12 months |
Commission | Varies by asset class |
Trading Conditions
This platform provides favorable trading conditions, which are essential for successful trading.
Some notable conditions include:
- Leverage: Up to 1:100, allowing people to maximize their potential returns.
- Order Execution: Fast and reliable order execution with minimal slippage.
- Trading Hours: 24/5 for forex, with specific hours for other asset classes.
- Margin Requirements: Competitive margin requirements across all asset classes.
Scalping and Hedging
The company supports various trading strategies, including scalping and hedging.
This flexibility allows traders to employ their preferred trading methods without restrictions.
Customer Support
FTMO prides itself on providing excellent customer support.
The support team is available 24/5 to assist clients with any queries or issues.
Contact options include:
- Email: support@ftmo.com
- Phone: +44 20 8050 3456
- Live Chat: Available on the website for real-time assistance.
Educational Resources
The company offers a wealth of educational resources to help traders improve their skills and knowledge.
These resources include:
- Webinars: Regular webinars covering various trading topics.
- Tutorials: Detailed tutorials on using trading platforms and strategies.
- Articles: In-depth articles on market analysis, trading psychology, and more.
- Economic Calendar: An integrated economic calendar to stay updated with market events.
Table: Educational Resources
Resource Type | Details |
Webinars | Live sessions on trading strategies and analysis |
Tutorials | Step-by-step guides on platforms and tools |
Articles | Expert-written articles on various topics |
Economic Calendar | Real-time updates on economic events |
Security and Regulation
The company operates under the regulation of multiple reputable financial authorities, ensuring a secure trading environment.
The broker implements advanced security measures to protect clients’ funds and personal information.
These measures include:
- SSL Encryption: To safeguard all online transactions.
- Segregated Accounts: Clients’ funds are kept in segregated accounts separate from its operational funds.
- Regulatory Compliance: It adheres to the standards and regulations set by its regulatory bodies.
User Experience
The overall user experience is highly positive.
The trading platforms are user-friendly and packed with advanced features.
The account setup process is straightforward, and the support team is readily available to assist with any issues.
Mobile Trading
FTMO offers mobile trading apps for both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go.
The mobile apps provide full access to trading platforms, market news, and account management features.
Performance and Reliability
The company is known for its reliable performance and robust infrastructure.
Their trading servers are located in major financial centers, ensuring fast and stable connectivity.
This reliability is crucial for those who require precise order execution and minimal downtime.
Conclusion
FTMO stands out as a leading broker, offering a combination of competitive trading conditions, advanced platforms, and excellent customer support.
Its rigorous evaluation process and supportive trader programs make it an attractive choice for both new and experienced users.
With a wide range of trading instruments, low fees, and robust security measures, it provides a reliable and secure trading environment.
Whether you are a novice trader looking to develop your skills or an experienced investor seeking a professional trading environment, FTMO is worth considering.
Summary
- Established: 2015
- Regulation: Multiple reputable authorities including ASIC, CySEC, and FCA
- Trading Platforms: MT4 and MT5
- Trading Instruments: Forex, Indices, Commodities, Stocks, Cryptocurrencies
- Minimum Deposit: $100
- Leverage: Up to 1:100
- Fees: Low spreads, no deposit/withdrawal fees, $50 inactivity fee after 12 months
- Customer Support: 24/5 via email, phone, and live chat
- Mobile Trading: Available for both iOS and Android
- Security: SSL encryption, segregated accounts, regulatory compliance
Its commitment to providing a secure, reliable, and supportive trading environment makes it a top choice for traders worldwide.
Whether you are just starting or looking to enhance your trading career, FTMO offers the tools, resources, and support needed to succeed in the competitive world of trading.
Visit official website: www.ftmo.comUser Reviews
Frequently Asked Questions
What is the minimum deposit required to start trading?
The minimum deposit required to start trading is $100.
Is FTMO regulated?
Yes, the company is regulated by multiple authorities including ASIC, CySEC, and FCA among others.
What payment methods does it accept?
FTMO accepts various payment methods including bank transfers, credit/debit cards, PayPal, Skrill, and Neteller.
Does it offer a demo account?
Yes, the company offers a demo account for traders to practice and test their strategies.
What are the trading platforms available?
FTMO offers trading on both MT4 and MT5 platforms.
Does FTMO have a mobile trading app?
Yes, it has a mobile trading app available on both the App Store and Google Play Store.
Are there any fees for deposits and withdrawals?
No, this broker does not charge any fees for deposits and withdrawals.
Resources
Our experts
This article has been written, edited and reviewed by the following members of our team:
Last update:September 7, 2025