FT Mogul - Prop Firm Review
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- Ireland-based prop firm (FT Mogul, Dublin) offering simulated forex/CFD challenges on DX Trader
- Signature rule: withdraw from just 1% profit, 24h after funding, no minimum trading days
- 80% base split, up to 90% (add-on/performance); one-time fee refunded after 10% profit
- 2-step Standard (5%/8% drawdown) and 1-step Quick Funding (3%/6%); $10k–$100k
- Caution: very thin independent track record and a late-2025 report of a broken sign-up flow
Table of contents
TL;DR: FT Mogul in 30 seconds
- What it is: an Ireland-based prop firm (FT Mogul, Dublin) offering simulated forex/CFD challenges on DX Trader, using ThinkMarkets instrument feeds. $10k to $100k.
- The rule that defines it: unusually aggressive payout access - you can request a withdrawal once the account shows just 1% profit, as soon as 24 hours after being funded, with no minimum trading days.
- The split: 80% base, up to 90% (90% via a paid add-on or performance scaling).
- The models: a 2-step Standard and a 1-step Quick Funding; one-time fee, no monthly subscription. Fee refunded after 10% profit on the funded account.
- Watch for: FT Mogul has a very thin independent track record - effectively no Trustpilot reviews - and a late-2025 report that the sign-up flow was down. Verify the account can actually be opened and paid before committing.
- Best for: traders drawn to fast, low-threshold payouts and a big scaling ceiling - but only after confirming the firm is currently operating smoothly for themselves.
Last reviewed: 15 July 2026. FT Mogul’s own site is script-rendered and did not expose its Terms to our tools, so several details rest on the most detailed independent source and are flagged as such. This is a simulated-account firm with a limited public track record; confirm current terms and that onboarding works on the firm’s own pages before buying.
Pricing snapshot
CFD pricing
| Program | Account size | Price | Billing | Notes |
|---|---|---|---|---|
| Listed challenge | $10K | USD 99 | One-time | Migrated from existing JoinProp product price field. |
| Listed challenge | $25K | USD 199 | One-time | Migrated from existing JoinProp product price field. |
| Listed challenge | $50K | USD 349 | One-time | Migrated from existing JoinProp product price field. |
| Listed challenge | $100K | USD 589 | One-time | Migrated from existing JoinProp product price field. |
Company and regulation
FT Mogul is a prop firm founded in 2023 and based in Dublin, Ireland; the exact registered company entity is not stated on a primary page we could read. It is unregulated, and markets a “partnership with a regulated broker” (ThinkMarkets) for its instrument feed - that is broker-level, not firm-level, regulation. Accounts are simulated: per the most detailed independent review, all trading takes place in a demo environment using virtual funds. Trading is on DX Trader only (no MT4/MT5/cTrader).
The rule that defines it: near-instant, low-threshold payouts
FT Mogul’s standout feature is how quickly and easily it lets funded traders withdraw. On most firms you wait out a minimum number of trading days and/or clear a meaningful profit threshold before your first payout. FT Mogul, by its own account, lets you request a withdrawal as soon as the funded account shows just 1% profit, and you become eligible only 24 hours after receiving the funded account, with no minimum trading-day requirement.
Layered on top is an aggressive scaling plan: the firm advertises a path that can grow a single $100k account many times over, with scaling milestones described as unaffected by withdrawals, under an overall allocation cap of around $1m across up to four accounts. Taken together - a 1%-profit, 24-hour, no-minimum-days payout combined with a high scaling ceiling - this is one of the most payout-friendly structures on paper in the sector. The important qualifier is “on paper”: the value of an easy payout rule depends entirely on the payouts actually being honoured, which brings us to the caution below.
Products, drawdown and fees
Two evaluation models: a 2-step Standard (5% max daily loss, 8% max total drawdown) and a 1-step Quick Funding (3% max daily loss, 6% max total drawdown). Account sizes are $10k, $25k, $50k and $100k, available in USD, EUR or GBP. Instruments cover forex, crypto, metals, oil and indices via ThinkMarkets symbols, with leverage up to 1:100 on FX.
The split is 80% rising to 90%, with the 90% via a paid add-on or performance. Fees are one-time (roughly $99-$649 depending on size and model), with no monthly subscription, and the assessment fee is refunded once you earn 10% profit on the funded account, paid alongside your first withdrawal. Two free withdrawals a month; additional ones cost $50.
The caution: a thin track record
Here is where prospective buyers should be careful. For a firm founded in early 2023, FT Mogul has an unusually small independent footprint: effectively no Trustpilot reviews, little presence in the major prop-firm review databases, and scant third-party payout proof beyond firm-controlled channels. A November 2025 independent review additionally reported that the account-registration page was not working and that a live-chat test went unanswered.
None of this proves wrongdoing - a quiet firm is not automatically a bad one - but a generous payout rule is only worth as much as the firm’s ability and willingness to honour it, and here the independent evidence is simply thin. The sensible approach is to treat FT Mogul as unproven: if the model appeals, start small, confirm for yourself that onboarding and a first payout actually work before scaling up, and keep records.
Rules and fees at a glance
- Payouts: from 1% profit, eligible 24h after funding, no minimum trading days; 2 free/month, then $50.
- Split: 80% base, up to 90% (add-on/performance).
- Standard (2-step): 5% daily / 8% total drawdown.
- Quick Funding (1-step): 3% daily / 6% total drawdown.
- Cost: one-time fee (~$99-$649), refunded after 10% profit; no monthly fee.
- Platform: DX Trader (simulated); forex, crypto, metals, oil, indices via ThinkMarkets.
Verdict
On paper, FT Mogul is one of the more payout-friendly firms around: you can withdraw from just 1% profit, 24 hours after funding, with no minimum trading days, the assessment fee comes back once you make 10%, and the scaling ceiling is large. For a profitable trader who wants their money quickly, that rule set is attractive.
The honest caveat is that FT Mogul is largely unproven. The accounts are simulated; the firm has almost no independent review footprint for its age; and a late-2025 report flagged a broken sign-up flow and unanswered support. A great payout rule means little if payouts aren’t reliably honoured, and there simply isn’t much public evidence either way yet. If you want to try it, do so cautiously - start with the smallest account, verify that onboarding and a first withdrawal actually work, and don’t scale up until they do.
Frequently Asked Questions
Is FT Mogul regulated, and is the capital real?
FT Mogul is a Dublin-based prop firm founded in 2023 and is unregulated. It markets a partnership with a regulated broker (ThinkMarkets) for its instrument feed, but that is broker-level rather than firm-level regulation. Its accounts are simulated: trading takes place in a demo environment using virtual funds, so payouts are performance rewards rather than returns on real capital.
How fast can you get paid with FT Mogul?
FT Mogul is unusually payout-friendly on paper. You can request a withdrawal once the funded account shows just 1 percent profit, you become eligible only 24 hours after receiving the funded account, and there is no minimum trading-day requirement. Two withdrawals a month are free, with additional ones costing $50. The value of this depends on payouts being reliably honoured, so verify with a small account first.
What is the FT Mogul profit split?
The base split is 80 percent, rising to 90 percent through a paid add-on or performance scaling. This is in line with the sector, and the more distinctive elements of FT Mogul are its payout accessibility and scaling plan rather than the split itself.
What are the FT Mogul evaluation models and drawdown rules?
FT Mogul offers a two-step Standard model with a 5 percent maximum daily loss and 8 percent maximum total drawdown, and a one-step Quick Funding model with a 3 percent maximum daily loss and 6 percent maximum total drawdown. Account sizes run from $10k to $100k in USD, EUR or GBP, trading on DX Trader.
Does FT Mogul charge a monthly fee?
No. FT Mogul charges a one-time assessment fee, roughly $99 to $649 depending on account size and model, with no monthly subscription. The fee is refunded once you earn 10 percent profit on the funded account, paid alongside your first withdrawal, though any add-ons are non-refundable.
Is FT Mogul trustworthy?
FT Mogul is best treated as unproven rather than confirmed either way. For a firm founded in 2023 it has an unusually thin independent track record, with effectively no Trustpilot reviews and little third-party payout proof, and a November 2025 review reported that its registration page was down and live chat went unanswered. There is no confirmed scam report, but the sensible approach is to start small and verify that onboarding and a first payout work before scaling up.
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