Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

FTMO FTMO
FundedCobra FundedCobra
FTMO 8.3 Get Started
FundedCobra Get Started
Overview
Asset Type CFD CFD
Country Czech Republic Jurisdiction not disclosed
Established Jan 2015 -
Technology Proprietary Proprietary
Platforms cTrader, MT5, MT4 Cobra Terminal
Trading Rules
Profit Split Up to 90% Best 80% on Instant accounts (Cobra Venom and Premium Instant) from payout 1; up to 90% on 1-Step and 2-Step evaluations
Daily Drawdown Maximum Daily Loss Amount, which is 5% of the Initial Simulated Capital (2-Step) or 3% (1-Step) 4% static daily loss on Instant and 1-Step accounts; 8% static daily loss on 2-Step accounts (equity-based, fixed at 00:00 UTC)
Payout Frequency Bi-weekly (every 14 days) Daily (Cobra Venom), Weekly (Premium Instant and 1-Step), Bi-weekly (2-Step)
Payout cadence is set per account path, not firm-wide; every request is reviewed against the account's withdrawal target, drawdown status and account checks.
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • Up to 90% of your simulated profits as a reward, accounts up to $200,000 FTMO Account, established 2015 with 3.5M+ customers worldwide, MT4 MT5 cTrader supported, 100% refund of initial fee on first reward (2-Step), Prague-based with $500M+ paid in rewards
  • No consistency rule on any account path. Static (non-trailing) drawdown measured from the starting balance. Daily payout requests on Cobra Venom accounts. Martingale, grid, news trading, weekend holding and partial closes are all explicitly permitted. Entry from a $14 one-time fee. Every rule that can breach an account is published on a single rules page.
Main Drawbacks
  • All accounts we provide to our clients are demo accounts with fictitious funds and any trading is in a simulated environment only; prices charged in EUR; 2-Step Verification phase required before reaching FTMO Account
  • Expert Advisors and automated trading are prohibited; trading must be placed manually and copy trading is reviewed before payout. On accounts opened from 20 August 2026 hedging the same instrument is prohibited and open trades losing more than 1.5% of the account at once breach it. A single trade counts toward at most 60% of the withdrawal target, so profit above that cap is removed at close. The firm publishes no legal entity, registered address or jurisdiction anywhere on its site. The TrustPilot profile is unclaimed and carries payout-denial complaints alongside its positive reviews.
Offers & Promo Codes
Active Offers No offers No offers

Challenge Details

FTMO Challenges

10 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$79
EUR one-time 		$10K 1 Step P1: 10%
 P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
 90% $0
$89
EUR one-time 		$10K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
 Up to 90% $0
$199
EUR one-time 		$25K 1 Step P1: 10%
 P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
 90% $0
$250
EUR one-time 		$25K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
 Up to 90% $0
$319
EUR one-time 		$50K 1 Step P1: 10%
 P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
 90% $0
$345
EUR one-time 		$50K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
 Up to 90% $0
$540 $439
EUR one-time (popular tier, on sale) 		$100K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
 Up to 90% $0
$499
EUR one-time (popular tier) 		$100K 1 Step P1: 10%
 P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
 90% $0
$999
EUR one-time 		$200K 1 Step P1: 10%
 P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
 90% $0
$1080
EUR one-time 		$200K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
 Up to 90% $0

FundedCobra Challenges

20 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$24 $14 $0.5K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$47 $28 $1.25K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$36 $32 $5K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
 P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
 Up to 90% None
$42 $38 $5K 1 Step P1: 10% evaluation target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 Up to 90% None
$65 $59 $10K 1 Step P1: 10% evaluation target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 Up to 90% None
$105 $63 $3.5K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$139 $83 $5K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$129 $116 $25K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
 P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
 Up to 90% None
$137 $123 $25K 1 Step P1: 10% evaluation target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 Up to 90% None
$235 $141 $9K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$195 $176 $50K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
 P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
 Up to 90% None
$229 $183.2 $10K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$232 $209 $50K 1 Step P1: 10% evaluation target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 Up to 90% None
$325 $293 $100K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
 P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
 Up to 90% None
$367 $330 $100K 1 Step P1: 10% evaluation target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 Up to 90% None
$599 $479.2 $25K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$594 $535 $200K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
 P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
 Up to 90% None
$659 $593 $200K 1 Step P1: 10% evaluation target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 Up to 90% None
$799 $639.2 $50K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$999 $799.2 $100K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
FTMO
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FundedCobra
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