At a glance

  • The published targets are 10% in the first phase and 5% in Verification.
  • Daily and overall loss limits remain separate constraints.
  • This source review covers objectives, not every checkout configuration.

The published 2-Step objectives

FTMO’s 2-Step page lists a 10% first-phase target, a 5% Verification target, a 10% maximum loss and a 5% maximum daily loss. It also lists four minimum trading days and an unlimited trading period. These are the objectives shown on the official product page read on November 11, 2026.1

The two phases should be recorded separately. FTMO describes Verification as the second evaluation phase and places identity verification and the account agreement before the FTMO Account stage. Passing an evaluation objective therefore does not by itself describe the complete route to receiving a reward.

Put the percentages beside a nominal $100K account

For arithmetic illustration, 10% of $100,000 is $10,000, 5% is $5,000 and a 10% reduction from the initial balance gives $90,000. These conversions help compare nominal sizes; they do not reconstruct FTMO’s complete daily-loss calculation.

ObjectivePublished percentage$100K arithmetic
First-phase target10%$10,000
Verification target5%$5,000
Maximum loss10%$10,000 allowance
Maximum daily loss5%$5,000 reference amount

Why the daily-loss formula still matters

A headline daily percentage leaves several questions unanswered: which balance anchors the calculation, when the trading day changes, how floating losses are treated and whether charges count toward the threshold. Read the detailed objectives linked from the official product page before carrying a position across a reset.

In a generic example, a position can recover by the close after crossing an intraday threshold. A positive closing result would not prove that the account respected a rule monitored throughout the session. Use the exact enforcement metric rather than a daily account statement to answer that question.

Check the exact account before comparing a price

  • Confirm the nominal size, account type, platform and checkout currency.
  • Read the conditions for fees, refunds and rewards separately.
  • Check news, weekend and automation permissions for the later account stage.
  • Save the detailed objectives and agreement that apply to the purchase.

Our FTMO profile flags an unresolved difference between a saved 100K 2-Step fee and the public source. This article does not present that old fee as a current quote. Resolve the configuration and current checkout price before making a cost comparison.

Continue the comparison

Open the FTMO reference profile for the stored program table, or read one-step versus two-step evaluations for a framework that keeps each phase separate. The drawdown calculator illustrates simplified loss-floor models; it is not FTMO’s risk engine.

Sources & dates

Primary pages accessed on . A source can change after publication. The examples above are not a claim about a program’s current price.

  1. FTMO — 2-Step Challenge — read November 11, 2026 ↗
Promoted · QATS

Explore QATS programs

Compare QATS monthly and one-time evaluation plans. Standard fees in our reference start at $69 per month.

  • One-step evaluation
  • 80% profit split
  • Monthly or one-time fees
Explore QATS →Read QATS rulesReference snapshot; confirm current terms.

Continue your comparison

PropFirmMatcher is affiliated with QATS. This is not an independent rating or a recommendation to purchase an evaluation. Read our methodology.