FTMO Rules
FTMO is the best-known forex prop firm, with a two-step evaluation followed by a funded account.
ForexFTMO rules, stage by stage
| Phase | Profit target | Daily drawdown | Max drawdown | Max DD type |
|---|---|---|---|---|
| Phase 1 (Challenge) | 10% | 5% Fixed | 10% | Trailing |
| Phase 2 (Verification) | 5% | 5% Fixed | 10% | Trailing |
| Funded | None | 5% Fixed | 10% | Trailing |
What these limits mean
Daily drawdown
5%
Daily drawdown is the most you can lose in a single trading day before the account is breached; it usually resets at the broker's daily rollover.
Max drawdown
10% Trailing
Maximum drawdown is the total you can lose from the starting balance. A fixed limit never moves; a trailing limit rises with your highest balance, so it tightens as you profit.
Profit target
10%
The profit target is how much you must gain in a stage to pass. The funded stage usually has no target.
Rules are summarised for the standard account types and can change; always confirm the exact limits on the firm's own site before you trade. Percentages are of the starting balance. DD = drawdown.
Monitor your FTMO account live
DeckLive loads each firm's rules onto your accounts and tracks daily drawdown, max drawdown and profit target live, then alerts you on Telegram and email before you breach. Read-only, no VPS, no EA, nothing to install.
Monitor my accounts freeProp firm rules, explained
What is a daily drawdown limit?
The daily drawdown (or daily loss limit) is the most you can lose in a single trading day before the account is breached. It usually resets at the broker's daily rollover. On most prop firms it is 4% to 5% of the starting balance for forex firms and a fixed amount for futures firms.
What is the difference between fixed and trailing drawdown?
A fixed (static) maximum drawdown is measured from your starting balance and never moves. A trailing drawdown follows your highest balance or equity up, so as you make profit the breach level rises with you. Trailing drawdown is stricter and is common on funded and futures accounts.
Does DeckLive support FTMO?
Yes. DeckLive pre-loads FTMO's daily drawdown, maximum drawdown and profit target onto each account and alerts you on Telegram and email before you breach, read-only and with nothing to install.