Who can join FTMO? (2024)

Apart from the exceptions listed below, we accept clients globally, as depicted in the accompanying map.

No specific qualifications are required. All clients must be over the age of 18. Whether you are a beginner or already know your way around trading and are interested in improving yourself, then you’re the person we’re looking for.

The provided map delineates service availability, with eligible countries highlighted in blue. This representation is subject to internal business decisions and changes in compliance with evolving legal and regulatory standards:

Who can join FTMO? (1)

Please note that FTMO does not provide services to persons in/from (both nationals and residents) Iran, Syria, Myanmar, North Korea and USA, persons listed on sanction lists, persons with criminal records related to financial crime or terrorism, and persons previously banned because of breach of contract. FTMO also does not accept clients – legal persons, who are company trusts.

Due to business decisions based on risk management considerations, FTMO does not provide services to clients in Afghanistan, Antarctica, Antigua and Barbuda, the Republic of Belarus, Belize, Bhutan, Bouvet Island, Burundi, Cape Verde, Central African Republic, Chad, Cook Islands, Comoros, Republic of the Congo, Cuba, Djibouti, Dominica, Equatorial Guinea, Eritrea, Fiji, Gabon, Gambia, Grenada, Guinea, Guinea-Bissau, Holy See (Vatican City State), India, the Republic of Indonesia, Iraq, Kazakhstan, Kiribati, Kosovo, Kyrgyzstan, Lesotho, Liberia, Malawi, Mali, Mauritania, Marshall Islands, Micronesia, Nauru, Niger, Niue, Papua New Guinea, the Russian Federation, Saint Barthélemy, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Seychelles, Sierra Leone, Solomon Islands, Somalia, South Sudan, Sudan, Suriname, Swaziland, Tajikistan, Timor-Leste, Tokelau, Tonga, Turkmenistan, Tuvalu, Ukraine (restrictions are limited to the following regions: Crimea, Sevastopol, Donetsk, Kherson, Luhansk, and Zaporizhzhia), Uzbekistan, Vanuatu, Venezuela, Western Sahara.

Who can join FTMO? (2024)

FAQs

Does FTMO allow US citizens? ›

Please note that FTMO does not provide services to persons in/from (both nationals and residents) Iran, Syria, Myanmar, North Korea and USA, persons listed on sanction lists, persons with criminal records related to financial crime or terrorism, and persons previously banned because of breach of contract.

Is FTMO not accepting US traders? ›

FTMO have now restricted access to all new US-based traders as of January 2024.

What documents are required for FTMO? ›

Valid government-issued ID document showing nationality, a document confirming the registration as an entrepreneur and Proof of address are required)

Is FTMO good for beginners? ›

FTMO's selection process and strict risk parameters may make it challenging for beginner traders to pass the Challenge and Verification phases. It is recommended for more experienced traders who have a proven track record of profitable trading.

Did FTMO stop taking US clients? ›

In what appears to be related to the latest MetaQuotes crackdown on the proprietary trading landscape, prop firm FTMO has stopped onboarding US clients, Finance Magnates has learned. New traders attempting to register from a US IP address were unable to complete the registration form.

What prop firms still accept US clients? ›

The one prop firm that is safe and reliable for US clients: RebelsFunding. RebelsFunding is a prop firm that offers unique trading programs for forex traders. They provide traders with training accounts that they can use to trade and earn commission without the risk of losing their own funds.

Is there a monthly fee for FTMO? ›

However, unlike some other companies, at FTMO you only pay a one-time contribution and don't have to pay any additional monthly fees. When you pass our Evaluation Process and get an FTMO Account, we refund this fee so you will be actually only trading with our money.

Does FTMO really pay? ›

In conclusion, FTMO is a reputable proprietary trading firm that pays out profits to its traders as promised. The company has a transparent and reliable payout process, and numerous positive reviews from satisfied traders attest to this.

Is FTMO only for forex? ›

No limits on trading style! Trade your own trading strategy with no limits or restrictions. You can use EAs, hedging or trade discretionary. Forex, Commodities, Indices, Crypto, Stocks.

Is FTMO hard to pass? ›

There is estimated to be a 90% fail rate of traders that take the FTMO challenge. The reason behind this is due to traders chasing the profit target with a time restriction in place.

Does FTMO pay monthly? ›

The Profit Split on an FTMO Account is done on a monthly basis by default, with the option to place a payout on-demand after a period of 14 calendar days from the first placed trade on the account.

Why is FTMO so expensive? ›

The fee covers the costs related to the FTMO Challenge provided by FTMO such as the designing, development, and operation of the FTMO platform (the technical infrastructure behind the provided educational services and applications).

Are US citizens allowed to trade forex? ›

Yes, forex brokers are legal in the U.S., but they must be registered with and regulated by the Commodity Futures Trading Commission (CFTC) and be members of the National Futures Association (NFA). This ensures compliance with strict financial standards and offers protection to traders.

Is FTMO US based? ›

FTMO is a leading firm in the field of modern prop trading based in the Czech Republic.

Are prop firms legal in the US? ›

Currently, online forex prop firms are legal, although there is lacking documentation and regulation for prop firms to follow. It is not illegal to operate or trade with a prop firm. However, where most online prop firms come unstuck is in their business practices and terms of service.

Does FunderPro accept US clients? ›

The Problems in the Prop Industry and the Solution – FunderPro (Accepting US Traders!)

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