Firm file — checked October 22, 2026
The category anchor — and the firm whose funded-stage rules differ most from its evaluation rules. The $100K 2-Step ticket is €540; the expected fees per buyer who ever receives a payout run to roughly €7,700 at the published base rates.
Facts checked October 22, 2026
FTMO sells a simulated evaluation in two shapes. The 2-Step (10% then 5% targets, 5% daily loss, 10% static maximum loss) is the classic product, sold in euros from Prague; US residents are routed to a separate product sold with OANDA. The 1-Step charges more for fewer phases and adds the rule beginners miss: a Best Day cap of 50% — one day may not account for more than half your total profit — on an end-of-day trailing maximum loss. An Instant Account line was added in October 2026; its prices move too fast for this site's dated discipline, so it is documented here but kept out of the checker rather than guessed at.
FTMO's own terms state it plainly: the challenge is simulated at every stage ("no actual trading is taking place"), and the challenge service is not regulated by the Czech National Bank — customers receive no regulatory protection on the product itself. In December 2025 FTMO completed its purchase of OANDA, a regulated broker group; that acquisition does not change the legal nature of the challenge you are buying. What you are buying is a test, a contract, and a payout policy.
At the FPFX base rates (14% of buyers reach funded, ~45% of those ever paid), the €540 ticket on the 100K 2-Step implies about €3,860 in expected fees to reach the funded stage and about €7,700 in fees per buyer who ever receives a payout — against an average first payout near $3,200 to the trader on that size. That is dataset arithmetic about the average buyer, not a prediction about you; the checker re-runs it with your declared profile and your style.
Target 10%, then 5% · daily loss 5% · maximum loss 10% (static) · 4 trading days minimum per phase · consistency rule: none published · profit split 80% to the trader.
| Account size | List fee | Activation fee |
|---|---|---|
| €10,000 | €89 | — |
| €25,000 | €250 | — |
| €50,000 | €345 | — |
| €100,000 | €540 | — |
| €200,000 | €1,080 | — |
Fees are list prices checked October 22, 2026; promotions excluded. The fee comes back only together with your first payout — which most funded accounts never reach. For the average buyer, treat the fee as tuition, not as a deposit.
Target 10% · daily loss 3% · maximum loss 10% (end-of-day trailing) · 4 trading days minimum · consistency rule: 50% (at payout) · profit split 90% to the trader.
| Account size | List fee | Activation fee |
|---|---|---|
| €10,000 | €79 | — |
| €25,000 | €199 | — |
| €50,000 | €319 | — |
| €100,000 | €499 | — |
| €200,000 | €999 | — |
Fees are list prices checked October 22, 2026; promotions excluded. The fee never comes back on this program.
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Sources: the firms' own published pages (price grids and program terms), the FPFX Technology dataset of 300,000+ accounts reported by Finance Magnates (2024), pass and payout figures published by the firms themselves, and regulator publications (CFTC, FSMA, Consob, CNMV). Recorded and checked October 22, 2026. Prices on this site are the list prices recorded on that date, promotions excluded; if a price or a rule has moved since, the firm's own page wins — and write to help@doogex.com so we can correct ours.