Funded Trader Markets (FTM) is one of the dozens of multi-asset prop firms that emerged in the 2022-2023 wave. The pitch is familiar: evaluation accounts from $5K to $200K, 80/20 profit splits, bi-weekly payouts, multi-asset trading via MetaTrader. The differentiator they advertise is responsive customer service and aggressive pricing on smaller accounts. This review covers what FTM actually delivers vs marketing.
Quick verdict: Funded Trader Markets is a mid-tier multi-asset prop firm in the same competitive segment as GOAT Funded Trader. Best for: forex/CFD-primary traders with budget constraints on $5K-$25K accounts. Less ideal for: futures-focused traders (dedicated futures prop firms are stronger).
Company Overview
- Founded: 2022
- Headquarters: UAE / offshore licensing
- Asset coverage: Forex (primary), indices, commodities, crypto CFDs, limited futures
- Platform: MetaTrader 4/5, web
- Account sizes: $5K-$200K
- Profit split: 80/20 standard
- Payout cycle: Bi-weekly
- Eval cost: One-time fee, refunded with first payout
Evaluation Process
FTM uses a standard 2-step evaluation:
Phase 1
10% profit target within 30 days. 5% daily loss limit. 10% maximum drawdown. Minimum 5 trading days.
Phase 2
5% profit target within 60 days. Same loss/drawdown rules. Minimum 5 trading days.
Funded
Trade for as long as you can avoid violating risk rules. 80/20 split. Bi-weekly withdrawal cycles.
Pricing Comparison
| Account | FTM | GOAT | FTMO |
|---|---|---|---|
| $5K | $49 | $59 | $79 |
| $10K | $89 | $99 | $159 |
| $25K | $179 | $199 | $259 |
| $50K | $289 | $299 | $379 |
| $100K | $489 | $499 | $539 |
FTM is consistently 5-15% cheaper than competitors at each tier. Pricing advantage is real but modest.
What Works
1. Lower entry pricing for $5K-$25K accounts
Competitive entry pricing for traders testing the prop-firm model. The $49 5K eval is genuinely accessible.
2. Customer service responsiveness
Reviews consistently note quick response times to support tickets. This matters when you're navigating rule clarifications.
3. MetaTrader compatibility
Full MT4/MT5 support means existing forex EAs and indicators work without adaptation.
4. Bi-weekly payouts
Cash flow advantage over monthly-payout firms.
Where It Falls Short
1. Short track record
3 years operational history. TopStep has 16, FTMO has 11. Track record matters when payout disputes need to be resolved fairly.
2. Forex-primary product line
If you trade futures, FTM's product offering is thin. Dedicated futures firms (TopStep, Apex, MyFundedFutures) provide deeper futures contract support and futures-tuned evaluation rules.
3. Disputed-payout reviews
Trustpilot 1-star reviews focus on cases where rule interpretation went against the trader. Common complaints: "I was told my trades were scalping," "my news-trading account was closed," "they changed the rules mid-evaluation." Read fine print.
4. Offshore regulation
UAE/offshore jurisdiction means no SIPC-equivalent protection for US traders. Most accept this; some prioritize US-regulated firms.
FTM vs Major Competitors
| Factor | FTM | GOAT | FTMO | TopStep | Apex |
|---|---|---|---|---|---|
| Founded | 2022 | 2023 | 2014 | 2010 | 2018 |
| $50K eval cost | $289 | $299 | $379 | $165/mo | $167 |
| Profit split | 80/20 | 80/20 | 80/20 | 100% to $10K, 90/10 | 90/10 |
| Asset focus | Forex+ | Forex+ | Forex+ | Futures | Futures |
| Track record | 3 yrs | 3 yrs | 11 yrs | 16 yrs | 7 yrs |
Who Should Consider FTM
- Forex-primary traders looking for the cheapest credible mid-tier eval
- Beginners testing the prop-firm model with small accounts ($5K, $10K)
- MetaTrader-native traders who want platform familiarity
- Traders who value bi-weekly payouts
Who Should Pass on FTM
- Futures-only traders — dedicated futures firms are better
- Traders who require US-regulated firms
- Traders prioritizing maximum payout track record
- Traders unwilling to read fine-print on rule definitions
Pass Any Prop Firm With a Tested Strategy
Free Discord + futures strategy battle-tested across TopStep, Apex, MFF, FTMO, GOAT, FTM. 291 days of verified results.
Get Free Access →FAQ
What is Funded Trader Markets?
Multi-asset prop firm with $5K-$200K evaluation accounts. Founded 2022. 80/20 split. Bi-weekly payouts.
Is FTM legit?
Yes — operational with payouts. Trustpilot 4 stars. Some payout disputes on reviews.
FTM vs GOAT vs FTMO?
FTM and GOAT are similar mid-tier multi-asset firms. FTMO is older with more track record. All three serve forex-primary traders. None ideal for futures-focused.
Profit split?
80% to trader, 20% to firm. Scales to 90/10 after consistency milestones.
Are payouts reliable?
Standard cases: 2-5 business days. Disputed cases: multi-week delays.
Bottom Line
Funded Trader Markets is a competitively-priced mid-tier prop firm best suited for forex-primary traders looking to test the prop-firm model with small accounts. For futures-focused trading, dedicated futures firms (TopStep, Apex, MyFundedFutures) deliver stronger results.
The Strategy Beats the Discount
Free Discord + the rules-based futures system. Pass any prop firm — FTM, GOAT, TopStep, Apex.
Get Free Access →