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FTMO Review 2024 - Complete Analysis for Kenyan Prop Traders

9.2/10
Funded Trading

World's largest prop firm offering up to $2M funding with proven track record and excellent support

FTMOprop tradingfunded tradingKenyaforexchallenge

Quick Overview

Founded: 2015
Headquarters: Prague, Czech Republic
Max Funding: $2,000,000
Success Rate: 10-15%
Kenya Friendly: Yes
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Performance Ratings

overall
9.2
/10
trading Conditions
8.8
/10
payout Reliability
9.8
/10
customer Support
8.5
/10
platform Quality
9
/10
educational Value
8.7
/10
transparency
9.5
/10

Funding Programs

Program Account Size Challenge Fee Profit Target Max Drawdown Profit Split
FTMO Challenge
Standard two-phase evaluation program
 $2,000,000 $1,080 10% + 5% 10% daily, 5% max 70-90%
Swing Trading
Extended timeframe for swing traders
 $2,000,000 $1,080 10% + 5% 10% daily, 5% max 70-90%
Aggressive Challenge
High-profit target for experienced traders
 $2,000,000 $1,080 20% + 5% 10% daily, 5% max 70-90%

Trading Conditions

Platforms & Instruments

Platforms:
MetaTrader 4MetaTrader 5cTraderDXTrade
Instruments:
ForexIndicesCommoditiesCryptocurrencies
Max Leverage: 1:100
Min Trading Days: 10

Trading Rules

Weekend Holding: No
News Trading: No
EA Allowed: Yes
Hedging Allowed: No
Scalping Allowed: Yes

Pros & Cons

Pros

  • Largest and most established prop firm
  • Excellent payout reliability
  • Multiple platform options
  • Strong educational resources
  • Transparent operations
  • Multiple account sizes
  • Proven track record
  • Professional mobile app

Cons

  • Strict time limits on challenges
  • No weekend position holding
  • No news trading allowed
  • No hedging permitted
  • $25 payout processing fee
  • Lower profit splits initially

Kenya Accessibility

Trader Acceptance

Accepts Kenyan Traders

Time Zone Compatibility

Excellent

Local Support

Limited

Local Payment Methods

SkrillPayPalWise

Costs & Fees

Account Size Challenge Fee Refundable
$10K $155 Yes
$25K $250 Yes
$50K $345 Yes
$100K $540 Yes
$200K $1,080 Yes

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