FTMO vs The Concept Trading: Elite Prop Firms Comparison
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Introduction
FTMO and The Concept Trading are leading proprietary trading firms that offer traders the opportunity to manage funded accounts. FTMO, established in Prague, has built a strong reputation with innovative challenge structures and excellent customer support, earning a 4.7/5 rating on Trustpilot from over 5,800 reviews. The Concept Trading, a newer but rapidly growing firm, differentiates itself with flexible trading parameters and personalized coaching, maintaining a solid 4.5/5 Trustpilot rating from over 1,200 reviews. Both firms provide pathways for traders to access significant capital without risking their own funds, though they differ in evaluation methods and profit-sharing models.
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 |
|---|---|---|
| $10K Account | $79 | AUD 997 |
| $25K Account | $199 | AUD 2497 |
| $50K Account | $319 | — |
| $100K Account | $499 | — |
| $200K Account | $999 | AUD 19997 |
| Refund Policy | 100% refund 2-Step with first payout; 1-Step non-refundable | No |
| 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?
Which firm offers better profit-sharing terms?
Are the challenge fees refundable with either company?
Which firm is better for swing traders?
How was this 2 companies Comparison Created?
1. We Collect
Our team gathered comprehensive information directly from FTMO and The Concept Trading official websites, terms of service documents, and public offerings. We supplemented this with verified user reviews from Trustpilot, TrustScore, and industry forums. Additionally, we consulted with active traders who have experience with both platforms to gain firsthand insights into the user experience, platform functionality, and actual trading conditions.
2. We Examine
Our financial experts and experienced traders thoroughly analyzed the collected information, comparing account structures, fee schedules, trading conditions, and platform capabilities. We verified all claims against multiple sources to ensure accuracy and conducted platform tests to evaluate execution quality, interface usability, and analytics tools. Special attention was paid to the evaluation processes, profit-sharing models, and scaling opportunities that directly impact trader success.
3. We Score
We developed a weighted scoring system that evaluates both firms across multiple categories including reliability (25%), trading conditions (20%), cost structure (15%), support quality (15%), platform capabilities (15%), and additional features (10%). Each category contains multiple subcriteria that were individually scored on a 1-5 scale, with the weighted average determining the final ratings. This balanced approach ensures that all crucial aspects for traders receive appropriate consideration.
4. You Choose
Use this comparison as a starting point for your research, considering which factors matter most for your specific trading style and goals. We recommend trying the free demo options from both firms to experience their platforms firsthand. Consider your trading timeframe, preferred instruments, and whether you value established reputation (FTMO) or flexibility and higher profit splits (The Concept Trading). Remember that the best choice depends on your individual trading approach, experience level, and long-term objectives.
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