DEFINITION
FTMO
A Czech-based prop firm offering funded accounts up to $200K via a two-phase evaluation (Challenge + Verification). The benchmark most other prop firms are compared against.
Read the full TradeLens guide on FTMO →Related terms
Challenge
The evaluation phase of a prop firm account. Traders must meet a profit target while respecting drawdown rules to pass and receive a funded account.
Prop Firm
A proprietary trading firm that funds retail traders after they pass an evaluation. Traders pay an evaluation fee and receive a funded account with profit splits after demonstrating consistent profitability.
Funded Account
A trading account backed by a prop firm's capital. Traders keep a share of profits (typically 80–90%) after passing the evaluation phases.
Measure how this term shows up in your trading
Free Discipline Score from your CSV in 60 seconds.
GET YOUR FREE SCORE →