FTMO vs FundedCobra: Head-to-Head Comparison (2026)
Verdict: Who Wins?
FTMO
5 wins
Decisive Win
Best For:
FTMO
Visual Comparison
Head-to-Head Comparison
| FTMO | Metric | FundedCobra |
|---|---|---|
| 8.3/10 | PFM Score | - |
| 4.8/5 (42,594) ★ | TrustPilot | 3.9/5 (25) |
| A+ ★ | Safety Grade | - |
| 79 B+ ★ | Trust Score | 36.5 F |
| Up to 90% | Profit Split | 80% on Instant accounts (Cobra Venom and Premium Instant) from payout 1; up to 90% on 1-Step and 2-Step evaluations ★ |
| Maximum Daily Loss Amount, which is 5% of the Initial Simulated Capital (2-Step) or 3% (1-Step) | Daily Drawdown | 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) |
| Bi-weekly (every 14 days) | Payout Frequency | Daily (Cobra Venom), Weekly (Premium Instant and 1-Step), Bi-weekly (2-Step) |
| $79 | Starting Price | $14 ★ |
| Proprietary | Technology | Proprietary |
| cTrader, MT5, MT4 | Platforms | Cobra Terminal |
| No | Direct Path to Funded | No |
| Czech Republic | Country | Jurisdiction not disclosed |
| Jan 2015 | Established | - |
| 10 options | Challenge Options | 20 options |
Price Comparison by Account Size
Cheapest challenge price at each account size (where both firms offer the same size)
| Account Size | FTMO | FundedCobra | Savings |
|---|---|---|---|
| $10K | $79 | $59 ★ | Save $20 |
| $25K | $199 | $116 ★ | Save $83 |
| $50K | $319 | $176 ★ | Save $143 |
| $100K | $439 | $293 ★ | Save $146 |
| $200K | $999 | $535 ★ | Save $464 |
FTMO vs FundedCobra: Detailed Analysis
FTMO and FundedCobra are both CFD firms.
Pricing
In terms of pricing, FundedCobra is more affordable with challenges starting at $14, which is $65 less than FTMO's starting price of $79. FTMO offers 10 challenge options, while FundedCobra offers 20.
Account Sizes
On account sizing, FTMO offers account sizes from $10 to $200 across 5 funding tiers, while FundedCobra offers account sizes from $5 to $200 across 9 funding tiers. Picking the right tier matters because both the entry cost and the maximum capital you can scale to are tied to the account size you start with.
Trading Platforms
For trading platforms, FTMO supports cTrader, MT5 and MT4, while FundedCobra runs on Cobra Terminal. If you already trade on a specific platform, this can be the deciding factor between the two.
Profit Split & Payouts
FTMO offers Up to 90% profit split, while FundedCobra offers 80% on Instant accounts (Cobra Venom and Premium Instant) from payout 1; up to 90% on 1-Step and 2-Step evaluations. FTMO pays out Bi-weekly (every 14 days), and FundedCobra pays out Daily (Cobra Venom), Weekly (Premium Instant and 1-Step), Bi-weekly (2-Step).
Risk & Drawdown Rules
Risk rules are a key difference for funded traders: FTMO lists its daily drawdown as "Maximum Daily Loss Amount, which is 5% of the Initial Simulated Capital (2-Step) or 3% (1-Step)", while FundedCobra lists "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)". Always confirm the drawdown type before buying, since a trailing rule behaves very differently from a static end-of-day one.
Trust & Safety
For trust and reputation, FTMO has a 4.8/5 TrustPilot rating with 42,594 reviews, while FundedCobra has 3.9/5 with 25 reviews.
Who Should Choose Which
So who should pick which? FTMO is the stronger choice for trust & reputation, while FundedCobra is the better fit for budget-conscious traders and fast payouts.
Overall, FTMO edges ahead winning 5 out of 7 categories we compared. However, the best choice depends on your specific needs - both firms have their strengths.
Pros & Cons
FTMO
Pros
Cons
Pros
Cons
Frequently Asked Questions
Which is better, FTMO or FundedCobra?
FTMO scores higher overall, winning 5 out of 7 comparison categories including Overall Rating, TrustPilot, Safety Grade. However, the best choice depends on your trading goals and priorities.
Which is cheaper, FTMO or FundedCobra?
FundedCobra has the lower starting price at $14. FTMO offers 10 challenge options starting from $79, while FundedCobra offers 20 options starting from $14.
Which has better reviews, FTMO or FundedCobra?
FTMO has a higher TrustPilot rating of 4.8/5. FTMO has 42,594 reviews while FundedCobra has 25.
Which offers a higher profit split, FTMO or FundedCobra?
FTMO offers a higher maximum profit split. FTMO offers Up to 90% while FundedCobra offers 80% on Instant accounts (Cobra Venom and Premium Instant) from payout 1; up to 90% on 1-Step and 2-Step evaluations.
How fast do FTMO and FundedCobra pay out?
FTMO has Bi-weekly (every 14 days) payouts while FundedCobra offers Daily (Cobra Venom), Weekly (Premium Instant and 1-Step), Bi-weekly (2-Step) payouts. Payout speed can be an important factor when choosing a prop firm.
Are FTMO and FundedCobra legit?
Both firms have been independently verified by PropFirmMap. FTMO holds a A+ safety grade and a 4.8/5 TrustPilot rating. FundedCobra holds a unrated safety grade and a 3.9/5 TrustPilot rating. Safety grades are based on payout history, community trust signals, and regulatory transparency.
Which is better for beginners, FTMO or FundedCobra?
FundedCobra may be more accessible for beginners due to its lower entry price. When starting out, consider challenge cost, drawdown rules, and profit split. Use the comparison table above to find which firm fits your experience level and risk tolerance.
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