Understanding the evaluation structure of FTMO’s $200K account is essential for traders looking to assess whether the rules align with their trading style. The trading model is divided into three stages: Challenge, Verification, and the funded FTMO Trader phase.
FTMO Trading Objectives
Each step carries its own objectives, including specific profit targets, maximum loss limits, and required minimum trading days. For example, both Challenge and Verification stages allow unlimited trading days but require traders to meet predefined profit levels while staying within daily and overall drawdown limits. Once the funded stage is reached, the profit target is removed, though risk parameters remain unchanged.
The breakdown also highlights refundable fee conditions, offering clarity on the financial commitment upfront and what can be recovered after successful completion. By reviewing these requirements carefully, traders can better gauge the structure, expectations, and progression path within one of the most recognized prop firm evaluation systems.
