One thing I'll say is--if someone is considering taking a tryout/challenge to try to get a funded account and splitting profits with funding co (Versus just funding their own account with their own cash and keeping 100% of profits) -- that FTMO offers the fairest deal in my opinion versus Earn2Trade, Topstep and the rest of them
FTMO offers a starting daily loss limit of $5,000
FTMO offers a "fixed" max drawdown (not trailing) of $10,000 - so as an example if you have $4,500 in profits--now you have a $14,500 max drawdown - whereas the other companies that use a trailing max drawdown of say $4,500 would still trail your drawdown from your intraday high P&L (realized or unrealized). The fixed drawdown also allows you to withdraw all profits to zero and still have your full daily loss limit and max drawdown intact --where the others do not--if you withdraw all profits to zero with the others then your account is closed
FTMO offers a clearly defined program (disclosed upfront--in writing) to increase your account size by 25% (and more importantly also increasing your daily loss limit and max drawdown by 25%) every 4 months for meeting certain criteria--the others only "allude" to the fact that they "may" increase with no defined math at all as to what qualifies for an increase and what would that increase be. https://ftmo.com/en/scaling-plan/
FTMO offers you the ability to pass 3 tryouts and combine all 3 funded accounts into one account - meaning you could have to start off with - $15,000 in a daily loss limit and $30,000 in fixed max drawdown. The others only allow you to have 1 account. Now combine that with the ability to grow account size, max daily loss limit and max fixed drawdown limit by 25% every 4 months.
FTMO will refund your tryout fee in full with your 1st profit withdrawal. I do not believe Earn2Trade mini gauntlet or Topstep (or others) offer that
Data Fees - Im not completely sure about this point but I believe there is no data fee on funded FTMO accounts - if true that saves potentially $100/month or more over Topstep, E2T and others as well
FTMO offers a starting daily loss limit of $5,000
FTMO offers a "fixed" max drawdown (not trailing) of $10,000 - so as an example if you have $4,500 in profits--now you have a $14,500 max drawdown - whereas the other companies that use a trailing max drawdown of say $4,500 would still trail your drawdown from your intraday high P&L (realized or unrealized). The fixed drawdown also allows you to withdraw all profits to zero and still have your full daily loss limit and max drawdown intact --where the others do not--if you withdraw all profits to zero with the others then your account is closed
FTMO offers a clearly defined program (disclosed upfront--in writing) to increase your account size by 25% (and more importantly also increasing your daily loss limit and max drawdown by 25%) every 4 months for meeting certain criteria--the others only "allude" to the fact that they "may" increase with no defined math at all as to what qualifies for an increase and what would that increase be. https://ftmo.com/en/scaling-plan/
FTMO offers you the ability to pass 3 tryouts and combine all 3 funded accounts into one account - meaning you could have to start off with - $15,000 in a daily loss limit and $30,000 in fixed max drawdown. The others only allow you to have 1 account. Now combine that with the ability to grow account size, max daily loss limit and max fixed drawdown limit by 25% every 4 months.
FTMO will refund your tryout fee in full with your 1st profit withdrawal. I do not believe Earn2Trade mini gauntlet or Topstep (or others) offer that
Data Fees - Im not completely sure about this point but I believe there is no data fee on funded FTMO accounts - if true that saves potentially $100/month or more over Topstep, E2T and others as well
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