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Updated 2026-03-08
FTMO vs Leveraged: Which Prop Firm Is Better?
Traders choosing between FTMO and Leveraged face a classic trade-off between proven reliability and evaluation flexibility. FTMO offers an established track record with 4.8/5 stars from 40,000+ reviews but enforces strict daily loss limits and time constraints, while Leveraged eliminates daily loss limits and time restrictions entirely but lacks the operational history. This comparison examines their evaluation structures, risk parameters, and payout systems to help you determine which firm aligns with your trading style. The choice ultimately depends on whether you prioritize regulatory confidence or evaluation freedom.
F
FTMO
Est. 2015 · Prague, Czech Republic
4.8
40,000 reviews
VS
6 wins
4 ties
4 wins
L
Leveraged
Est. 2023 · N/A
4
100 reviews
Feature
FTMO
Leveraged
Challenge Price ($100K)
$540
N/A
Phase 1 Profit Target
10%
N/A
Phase 2 Profit Target
5%
None (single-phase)✓ Single-phase evaluation
Max Daily Loss
5%
No limit✓ No daily loss limit
Max Total Loss
10%
N/A
Min Trading Days
4 days
None✓ No minimum
Time Limit (Phase 1)
30 days
No limit✓ No time limit
Payout Split
80% (up to 90%)
N/A
FTMO
Pros
+Most established and trusted brand in prop trading (est. 2015)
+Free retry policy if profit target met but other rule breached
+Strong payout track record — $500M+ total paid to traders
+Performance coaching and FTMO Academy included
Cons
−News trading restricted (2 min buffer around major events)
−Higher challenge prices than most competitors at same account sizes
−Scaling plan slower than rivals (25% increase every 4 months)
−Maximum initial allocation capped at $200K before scaling
Leveraged
Our Verdict
Which Should You Choose?
FTMO suits traders who prioritize operational reliability, faster payouts, and proven systems over evaluation flexibility. With bi-weekly payouts, comprehensive platform support, and nearly a decade of operations, it's the safer choice for consistent performers who can work within daily loss limits. The 4.8/5 rating from 40,000+ traders provides confidence that you'll actually get paid.
Leveraged appeals to swing traders and those who struggle with FTMO's restrictive daily loss limits and 30-day time constraints. The single-phase evaluation with no daily limits or time pressure removes the biggest barriers that cause traders to fail prop firm challenges. However, with only 100 reviews and unclear payout procedures, you're trading proven reliability for evaluation convenience.
For most traders, FTMO remains the superior choice due to its established payout track record and comprehensive support systems. Only choose Leveraged if FTMO's 5% daily loss limit has repeatedly caused you to fail evaluations, and you're willing to accept the operational uncertainty of a firm founded in 2023.
Choose FTMO if:
→Most established and trusted brand in prop trading (est. 2015)
→Free retry policy if profit target met but other rule breached
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.