Is FTMO a legit prop firm in 2026?
How this answer was verified
- Cross-checked against broker-published fact sheets, regulator licensing databases, and ESMA product intervention notices.
- Reviewed by the FX-Brokers EU editorial desks (Markets, Platforms, Regulation). Desk structure disclosed at /about/editorial-desks.
- Refreshed quarterly. The most recent verification date is shown above. Read our methodology.
Related
What is the best forex prop firm in 2026?
Top prop firms for 2026 are FTMO (industry standard, 80/20 split, 2-step challenge), MyForexFunds successor TopstepFX, and FundedNext (1-step option). FTMO leads on payout reliability and trader community. EU prop firms must comply with MiFID II if offering CFDs; most operate under non-EU licenses.
FTMO vs The Funded Trader — which is better in 2026?
FTMO wins on track record (founded 2015, broker-arm regulated by KNF Poland) and on payout reliability. The Funded Trader offers a wider menu of account types and challenge variants but has had operational issues including a 2024 payout pause. For lower risk: FTMO. For account-size variety: The Funded Trader.
How do I verify a forex broker license is real?
Look up the license number on the regulator official register. FCA: register.fca.org.uk. CySEC: cysec.gov.cy/en-GB/entities/investment-firms. BaFin: portal.mvp.bafin.de. ASIC: asic.gov.au/online-services. The broker entity name must match exactly. Cross-reference license dates and any restrictions or warnings.