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Company History and Legal Identity

FTMO began in 2015 in Prague under the name “Získej účet” (translated: Get an Account), created by three Czech students who saw a market gap in helping undercapitalized retail traders. Rather than offering direct trading access, they built a model where traders could be evaluated in a simulated environment with clear limits and performance metrics.

By 2017, the name changed to FTMO. It originally came from the initials of the four founders — Filip, Tomáš, Marek, and Otakar. The company formalized its structure, opened an office in the Quadrio business center in central Prague, and began offering services internationally. Since then, FTMO has expanded both its staff and service infrastructure. It remains a privately owned, Czech-based company.

Business Model and Mission

The core of FTMO’s structure is its two-phase evaluation model. This approach is designed to select traders who demonstrate both profitability and risk discipline over a predefined period. FTMO provides these traders with virtual funded accounts and a fixed share of performance-based compensation.

FTMO’s mission is defined clearly on their site: to identify talented retail traders and support their growth in a disciplined, professional structure. The company also states its long-term goal of building one of the largest decentralized prop trading collectives in the world, with simulated capital being allocated based on consistent behavior, not just trading outcomes.

This is not a brokerage and FTMO is not a regulated financial institution. It provides a business-to-customer simulation model that uses demo accounts with proprietary liquidity arrangements and simulated environments.

Evaluation Process and Account Structure

The FTMO model is based entirely around a strict, metric-driven evaluation system, which must be completed to qualify for a simulated FTMO Account.

Evaluation Structure

Phase Profit Target Max Daily Loss Max Total Loss Minimum Trading Days Duration Limit
FTMO Challenge 10% 5% 10% 4 30 days
Verification 5% 5% 10% 4 60 days
Once a trader passes both phases, they are assigned a demo-based FTMO Account. Payouts are calculated on virtual profits and paid to the trader in real currency, with an 80% to 90% split depending on account scale and trader consistency.

Internal Tools and Support Systems

FTMO offers its traders a range of internal support tools, available after registration or via the FTMO Portal.

Key tools include:

  • MetriX: Analytics dashboard that visualizes risk, profit, drawdown and trade duration.

  • Trading Journal: A structured logging system for reviewing trades and setting future plans.

  • Mentor App: Time-based and behavioral constraint application to support discipline.

  • Economic Calendar: Embedded tool for planning trades around news releases.

These tools are aimed at helping traders monitor and adjust behavior rather than just increase profit. FTMO also provides performance coaching, including access to certified psychologists and mental strategy advisors (included free for all traders).

Growth and Corporate Expansion

Since launching, FTMO has grown substantially. Below is a timeline overview of major growth points:

Company Expansion – Timeline Summary

  • 2015: Founded in Prague

  • 2017: Renamed to FTMO

  • 2019: Reached first 10,000 traders

  • 2020: Consolidated brand under “FTMO” globally

  • 2021: Won Deloitte Fast 50 for Czech Republic, with growth of over 39,000%

  • 2023: Acquired Quantlane (a quant trading firm) and eVisions (a digital agency)

Each acquisition is aimed at reinforcing FTMO’s internal infrastructure – Quantlane expands its backend trading tech, while eVisions enhances FTMO’s online presence and user experience.

FTMO Office, Team, and Public Presence

FTMO operates out of its Prague headquarters:

Office Location:
Quadrio Offices
Purkynova 2121/3
110 00 Prague
Czech Republic

As of the latest public data, FTMO employs over 100 people across risk management, tech development, customer support, and performance psychology. It supports users in over 180 countries with multilingual staff available in 18+ languages.

FTMO is also active across multiple social platforms. These are used for updates, trader interviews, community engagement and announcements:

  • Instagram

     

  • LinkedIn

     

  • Twitter (X)

     

  • YouTube

     

  • Discord (invite only)

Summary and Structural Insights

FTMO is structured as a high-discipline simulation platform, rather than a brokerage or trading house. It enforces strict performance and risk standards, and supports users with internal tracking, coaching and payout systems. FTMO About Us isn’t a brand showcase — it’s a look at how a new generation of prop trading businesses operates without holding client funds or offering real-money leverage.

This structure favors traders who value rules and analytics over guesswork. FTMO’s expansion into supporting infrastructure shows its focus on long-term sustainability, not just marketing.

FAQ

FTMO is not a broker. It operates as a proprietary trading company using demo accounts to simulate capital allocation. It does not hold client funds or act as a financial intermediary.

FTMO is based in Prague, Czech Republic. Their registered office is located in the Quadrio business center.

FTMO generates revenue primarily through evaluation fees. These are refunded to traders who pass both stages and are then offered simulated funded accounts.