What is FTMO Withdrawal and Payout policy?

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After passing the evaluation, FTMO traders gain access to a funded account that allows them to withdraw a portion of their earnings based on the payout and withdrawal policy. The Trading Funder team has conducted in-depth research into these policies to clarify the payout process and help traders navigate it with ease.

FTMO traders can request payouts starting 14 days after their first trade, with an 80% profit split, which can increase to 90% under FTMO’s Scaling Plan. Payouts are processed within 1-2 business days, with a minimum profit requirement of $20 for bank transfers or $50 for crypto. After FTMO account termination, further withdrawals aren’t possible, and any remaining balance is forfeited.

FTMO traders receive payouts within 1-2 business days once they confirm the invoice. Withdrawals can be made via bank transfer, Skrill, or cryptocurrency, and FTMO doesn’t charge any withdrawal fees. For the first payout, traders need to submit an invoice, but no additional KYC or tax forms are required directly by FTMO. However, traders are responsible for handling any tax obligations according to their local laws.

This article dives into the details of FTMO’s withdrawal and payout policies, covering essential factors like payment options, processing times, fees, and tax considerations—all key for making informed decisions, a mission that Trading Funder is dedicated to supporting.

Table of Contents

What is the FTMO payout policy?

FTMO’s payout policy specify that traders can withdraw profits starting 14 days after their first trade, with withdrawals available on-demand anytime between 14 and 60 days. Here’s a summary of the main points:

Profit Split: The standard profit split is 80%, which can increase to 90% under FTMO’s Scaling Plan if criteria are met.
Minimum Trading Days: There are no minimum trading days required for a payout after the initial 14-day period.
Minimum Account Balance: There’s no specific balance required for withdrawal.
Minimum Withdrawal Amounts: A minimum closed profit of $20 is needed for bank transfers, while $50 applies for crypto transactions to cover processing fees.
Withdrawal Requirements: No additional KYC or tax documentation is needed for the first withdrawal, though traders are responsible for local tax compliance

What’s the minimum withdrawal amount at FTMO?

The minimum withdrawal amount at FTMO depends on the payout method: for bank transfers, traders need at least $20 in closed profits, and for cryptocurrency payouts, the minimum is $50. These thresholds cover transaction fees, ensuring smooth and efficient processing for each withdrawal.

What’s the maximum withdrawal amount at FTMO?

FTMO does not specify a maximum withdrawal limit, allowing traders to withdraw any amount as long as it meets the minimum requirements. Profit splits can reach up to 90% under the Scaling Plan, so successful traders can withdraw substantial earnings, depending on their account performance and balance.

What’s FTMO’s Minimum Balance For Withdrawals?

FTMO doesn’t set a specific minimum balance requirement to keep in the account after withdrawals. However, traders are advised to manage their account balance wisely to stay within FTMO’s risk limits, especially the Maximum Daily Loss and Maximum Loss rules, which are based on the current account balance.

What are FTMO‘s withdrawal methods?

FTMO offers several withdrawal methods: bank transfer, Skrill, and cryptocurrency. Withdrawals are processed within 1-2 business days upon invoice confirmation, and FTMO doesn’t charge any fees for these transactions. Each method has a minimum amount requirement: $20 for bank transfers and $50 for crypto, ensuring coverage of transaction costs.

The table outlines FTMO’s withdrawal methods:

FTMO Withdrawal Methods	Processing Time	Minimum Amount	Fees
Bank Transfer	1-2 business days	$20	None
Skrill	1-2 business days	$20	None
Cryptocurrency	1-2 business days	$50	None

When traders can withdraw from FTMO?

FTMO traders can request their first withdrawal 14 days after placing their initial trade. After that, they can withdraw earnings on-demand anytime within a 14- to 60-day cycle, meaning they can choose their Profit Split Day up to three times per cycle. If no date is selected, the payout will automatically occur at the end of the 30-day period.

How fast is FTMO‘s payout process?

After requesting a withdrawal, FTMO traders typically receive their earnings within 1-2 business days, following invoice confirmation. Withdrawals can be requested as early as 14 days after the first trade, and traders can choose any Profit Split Day within the 14- to 60-day window, which can be adjusted up to three times in each payout cycle.

How does the payout process work at FTMO?

The FTMO payout process follows these steps:

Generate Profits: Traders must generate profits on their FTMO Account, a demo account with simulated funds.
Meet Initial Eligibility: The first Profit Split Day becomes available 14 days after the trader’s initial trade, marking the first payout opportunity.
Select Profit Split Day: Traders select a Profit Split Day within a 14- to 60-day window, with flexibility to adjust this date up to three times per payout cycle.
Confirm Invoice: On the selected Profit Split Day, traders confirm an invoice in the FTMO Client Area to initiate the payout.
Payout Processing: FTMO processes payouts within 1-2 business days after invoice confirmation, with withdrawal options including bank transfer, Skrill, or cryptocurrency.
Enter Scaling Plan (If Eligible): Consistently profitable traders enter FTMO’s Scaling Plan, increasing their account balance by 25% and raising the profit split to 90%.

Following these steps ensures a smooth payout process.

what are FTMO’s payout restrictions?

FTMO’s payout process has several key restrictions:

Geographic Restrictions: FTMO does not offer services to individuals or companies in Iran, Syria, Myanmar, North Korea, the U.S., or specific regions of Ukraine. Restrictions also apply to individuals with financial crime records or on international sanctions lists.
Profit Split Limits: FTMO provides a standard profit split of 80%, which can increase to 90% only if traders qualify under the Scaling Plan. This split is set and cannot be negotiated per trader preference.
Account Merging Limits: FTMO limits capital allocation to $400,000 per trader unless the Scaling Plan applies. Merging accounts is allowed if specific conditions are met, including identical risk settings and currencies.
Account Type Restrictions: The standard FTMO Account restricts trading around news releases and requires closing positions over weekends, except with the Swing account, which has more flexible rules regarding overnight and weekend positions.
KYC Compliance: All traders must complete KYC verification, providing identification and proof of residence to access the FTMO Account Agreement.

FTMO’s profit split is set at 80% for traders, meaning traders receive 80% of the profits generated on their FTMO Account, while FTMO retains 20%. This profit share can increase to 90% if traders meet the requirements of FTMO’s Scaling Plan, which includes consistent profitability over a set period. Profit splits are available every 14 to 60 days, allowing traders to choose their payout timing within that range.

What to know about taxes on FTMO payouts?

FTMO does not handle or withhold taxes on trader payouts; instead, traders are fully responsible for managing their own tax obligations based on their country’s regulations. This includes reporting any earnings from FTMO as required by local tax laws. FTMO advises traders to consult with tax professionals to ensure compliance, as it does not provide tax guidance or services related to withholding or filing.

does FTMO apply withdrawal fees?

No, FTMO does not charge any fees on withdrawals.

Does FTMO Pay Out?

Yes, FTMO consistently pays out profits to traders, as confirmed by thousands of reviews. Our FTMO review shows that FTMO holds a high rating of 4.8 out of 5 on Trustpilot, based on over 14,000 reviews. Most traders report reliable, timely payouts and a straightforward process, with many highlighting prompt payment times averaging around 8 hours. These ratings place FTMO among the most trusted proprietary trading firms, with frequent positive feedback on transparency, quick support responses, and smooth transactions for withdrawals and profit splits. FTMO has processed millions in payouts across 180 countries, reinforcing its reputation for reliability in the prop trading community.

Will withdrawals affect FTMO’s trading rules?

No, withdrawals from FTMO do not impact the FTMO trading rules for funded accounts. All trading objectives, such as maximum daily loss and maximum overall loss, remain consistent regardless of withdrawal activities. However, it’s essential for traders to manage their account carefully as balances may affect compliance with FTMO’s drawdown limits.

Conclusion on FTMO Withdrawal and Payout policy

FTMO’s payout policy stands out for its flexibility and fast processing, which the Trading Funder team considers essential when helping traders choose the best prop firm to fit their trading style. FTMO allows traders to request payouts every 14 to 60 days, with profit splits of 80%, or 90% for those enrolled in the Scaling Plan. The payout process is notably efficient, typically completed within 1-2 business days, and offers fee-free withdrawals via bank transfer, Skrill, or cryptocurrency. Additionally, traders can select their Profit Split Day up to three times per cycle, enhancing flexibility—a feature we at Trading Funder find particularly appealing for traders seeking control over their withdrawals. However, one limitation to keep in mind is the minimum profit threshold, which requires $20 for bank transfers and $50 for crypto, potentially restricting smaller payouts. Overall, FTMO’s policy is both transparent and efficient, although traders should be aware of these minimum thresholds to avoid any potential delays.