FTMO vs The Concept Trading: Comprehensive Comparison
FTMO vs The Concept Trading: Comprehensive Comparison
Published: · Last updated:
Introduction
FTMO and The Concept Trading represent two leading prop trading firms that provide funded trading accounts to qualifying traders. FTMO, established in Prague, has built a strong reputation with its transparent evaluation process and high profit splits, earning a 4.6/5 rating on Trustpilot from over 5,000 reviews. The Concept Trading, a newer competitor, differentiates itself with a streamlined evaluation model and trader-friendly conditions, currently maintaining a 4.3/5 Trustpilot rating from nearly 1,000 reviews. Both firms offer pathways for traders to access substantial capital without risking their own funds, though they differ significantly in their evaluation approaches and trading conditions.
Quick Facts
| Feature | FTMO | The Concept Trading |
|---|---|---|
| 
| |
| Founded | 2015 | 2021 |
| Profit Split | 80-90% (2-Step); 90% flat (1-Step) | 50% all levels except top (90%) |
| Maximum Account Size | $2,000,000 | $5,000,000 |
| Evaluation Phases | 2 | — |
| Trustpilot Rating | 4.8/5 (43,791 reviews) | 4.7 |
| Expert Grade | 9.1 | 9.1 |
Program Types
| Program | FTMO | The Concept Trading |
|---|---|---|
| Entry Level Program | Yes | AUD 65 |
| Advanced Program | FTMO Challenge + Verification | AUD 19997 |
| Scaling Options | Yes | Yes |
| Demo Account | No | Yes |
Rules & Assessment
| Criteria | FTMO | The Concept Trading |
|---|---|---|
| Profit Target | 10% then 5% (2-Step); 10% (1-Step) | 6-10% |
| Maximum Drawdown | 10% static (2-Step); 10% trailing (1-Step) | 3-10% static |
| Minimum Trading Days | 4 per phase (2-Step); none (1-Step) | — |
| News Trading | Restricted on Standard; unrestricted on Swing | Yes |
Fees & Pricing
| Option | FTMO | The Concept Trading |
|---|---|---|
| $5K Account | Not offered | AUD 65 / Foundation / One-time |
| $10K Account | EUR 89 / FTMO 2-Step / One-time | AUD 110 / Foundation / One-time |
| $25K Account | EUR 250 / FTMO 2-Step / One-time | AUD 260 / Foundation / One-time |
| $50K Account | EUR 345 / FTMO 2-Step / One-time | Not offered |
| $100K Account | EUR 540 / FTMO 2-Step / One-time | Not offered |
| $200K Account | EUR 1080 / FTMO 2-Step / One-time | Not offered |
| Coupons / Discount | FTMO discount | The Concept Trading discount |
Platforms & Markets
| Feature | FTMO | The Concept Trading |
|---|---|---|
| Trading Platforms | MT4, MT5, cTrader | MetaTrader 5, TradeLocker |
| Forex | Yes | Yes |
| Stocks | Yes | — |
| Indices | Yes | — |
| Commodities | Yes | — |
| Cryptocurrencies | Yes | Yes |
| Bonds | Available | — |
| EA/Algo Trading | Yes | Yes |
Payout
| Feature | FTMO | The Concept Trading |
|---|---|---|
| Payout Terms | Bi-weekly via bank transfer, e-wallets, wire transfer, cryptocurrencies | Once per calendar month (Bank transfer, Crypto, Revolut, PayPal) |
| See all prop firm payouts → | ||
Verdict
| Key Element | FTMO | The Concept Trading |
|---|---|---|
| Strengths | Full fee refund on 2-Step; static drawdown; no consistency rules; zero withdrawal commission; scaling to $2M | Static drawdown, no daily drawdown, permissive rules, EAs/HFT allowed, low entry fees |
| Weaknesses | No reset product; 1-Step fee never refunded; 50% Best Day Rule blocks payouts; 1-Step payout resets buffer | Misleading 90% marketing, one payout/month only, 30-day invoice deadline, capped profits, new discretionary clause |
| Best For | 2-Step recommended for most; 1-Step only if 90% split outweighs other concerns | Long-term scalers seeking trading freedom, not monthly income seekers |
FAQ
What makes FTMO popular among users?
How does The Concept Trading differ from other similar organizations?
Are the evaluation fees refundable with either company?
Which firm is better for swing traders?
Do both companies verify their traders' profits and withdrawals?
How was this 2 companies Comparison Created?
1. We Collect
Our team gathered comprehensive data directly from FTMO and The Concept Trading official websites, terms of service documents, and customer support channels. We supplemented this with verified user reviews from Trustpilot, TrustScore, and trading forums. We also incorporated feedback from active traders using both platforms and industry analysis from prop trading experts to ensure accuracy and relevance.
2. We Examine
All collected information underwent rigorous verification by our team of professional traders and financial analysts. We cross-referenced claims against actual platform experiences, tested customer service response times, and evaluated the real trading conditions through demo accounts. We also consulted with compliance experts to assess the regulatory standing and security measures of both firms.
3. We Score
Our scoring methodology evaluates each company across weighted categories: reputation/trustworthiness (25%), trading conditions/rules (20%), platform quality/tools (15%), customer support (15%), pricing structure (15%), and educational resources (10%). Within each category, specific metrics were rated on a 1-5 scale based on objective criteria and comparative analysis between the firms and industry standards.
4. You Choose
Use this comparison as a starting point for your research, considering which factors matter most for your trading style and goals. FTMO’s established reputation and comprehensive resources might appeal to certain traders, while The Concept Trading’s streamlined process and flexible conditions might benefit others. We recommend reviewing the specific evaluation criteria closely, testing demo accounts where available, and possibly starting with smaller account sizes before committing to larger investments.
View More Elite Prop Firms Compared: The Trading Pit vs The5ers
