PropFirmTest FTMO is the best-known prop firm on the market, for good reasons: founded in 2015, it survived every crisis in the industry (including the My Forex Funds collapse in 2023 and MetaQuotes’ crackdown in 2024) without ever missing a payout. This page gathers everything you need to know before buying a challenge, and the truth about available discounts.
FTMO at a glance
| Element | Value |
|---|---|
| Our review score | 8.8/10 |
| Structure | 2-step challenge, no time limit |
| Profit share | 80% (up to 90% with scaling) |
| Capital | $10,000 to $200,000 |
| Key rules | Max loss 10%, daily loss 5% |
| Founded | 2015 — the industry’s longest payout track record |
Our team tests every firm with real challenges and ranks them honestly. See the best prop firms 2026 ranking and the FTMO vs FundedNext vs The5ers comparison.
Is there an FTMO promo code in September 2026?
No, and that’s good news for you. FTMO does not use “partner” promo codes like some recent firms: its discounts come through occasional official promotions (challenge fee reductions, target reductions) announced on its website and newsletter. Beware of sites displaying an “FTMO promo code”: in most cases these are expired or invented coupons to capture traffic, exactly the practice we expose in our article on prop firm scams.
How to save with FTMO without a code:
- Fees refunded at first payout: if you pass, your challenge fees are refunded with your first withdrawal. FTMO only earns when you fail, the most aligned model on the market.
- Wait for an official promotion: FTMO regularly runs discounts (often at the start of the month or during major trading events). Subscribe to their newsletter to be alerted.
- Start small: a $10,000 account costs a fraction of a $100,000 one, the right reflex to validate your strategy without burning your budget. How prop firm challenges work is explained in detail here.
FTMO vs the competition
FTMO remains our safest pick for payout reliability, but it is neither the cheapest (FundedNext undercuts everyone with a 50% off code; see our FundedNext page) nor the most flexible (The5ers removes time limits; see our The5ers page).
The FTMO vs FundedNext vs The5ers comparison settles it point by point, and the best prop firms 2026 ranking puts everything in the full picture.