Draft:FTMO
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| Type | Private |
|---|---|
| Industry | Proprietary trading |
| Founded | 2015 |
| Founders | Otakar Šuffner Marek Vašíček |
| Headquarters | , Czech Republic |
| Key people | Otakar Šuffner (Co-founder, Chief Executive Officer) Marek Vašíček (Co-founder, Chief Technology Officer) |
| Products | Funded-trader evaluation programs, simulated trading accounts |
Number of employees | 250+ (2026) |
| Website | ftmo |
FTMO is a Czech financial technology company based in Prague. Otakar Šuffner and Marek Vašíček founded the company in 2015.[1] Participants pay a fee to take trading evaluations on simulated accounts, with set profit targets and loss limits. Those who pass may qualify for rewards based on their subsequent simulated trading results.[2]
The business began as the Czech project Získejúčet.cz and expanded internationally in 2017.[1] FTMO ranked first in Deloitte's Technology Fast 50 Central Europe in 2021, 2022 and 2023.[3] In December 2025, it acquired online broker OANDA from CVC Capital Partners.[4]
History
[edit]Šuffner and Vašíček developed the idea for FTMO while studying at the Prague University of Economics and Business and trading in financial markets. They launched Získejúčet.cz in 2015 to evaluate Czech traders on profitability and risk management.[1] In 2017, the business expanded abroad under the FTMO name.[1][5]
FTMO ranked first in Deloitte's Technology Fast 50 Central Europe for three consecutive years, from 2021 to 2023.[3] In February 2023, EY named Šuffner and Vašíček the winners of its technology entrepreneur award for 2022.[6]
In 2023, FTMO reported nearly CZK 5 billion (US$213 million) in revenue and about US$100 million in EBITDA. The previous year’s revenue was about CZK 4 billion.[7] Also in 2023, it acquired Quantlane, a Prague-based quantitative proprietary trading company.[8]
By July 2024, FTMO reported more than 2.3 million trading accounts, a 33 percent increase over the previous year.[7] In September 2025, the company said it employed over 300 people and had paid traders more than US$450 million since its launch.[9]
FTMO acquired OANDA from funds managed by CVC Capital Partners on 1 December 2025. Regulators in five jurisdictions had approved the sale.[4] The price, disclosed in financial statements published in 2026, was CZK 8.79 billion (about US$422 million).[10]
In 2026, FTMO’s website listed more than 4.5 million traders worldwide and over US$650 million in rewards paid since launch.[11]
Business model
[edit]FTMO charges a fee for evaluations in which participants must meet profit targets on simulated trading accounts without exceeding the loss limits. Participants who pass may qualify for an FTMO Account. They can then earn rewards based on their simulated trading results.[12][2] FTMO may use participants’ trading data to inform trades made with real capital.[2][13]
About one in ten participants passed FTMO’s evaluation, Šuffner and Vašíček told WirtschaftsWoche in 2025. They also said the company earned more from evaluation fees than from its own trading.[2]
See also
[edit]References
[edit]- 1 2 3 4 Souček, Ondřej (13 October 2022). "Nenápadná pražská tradingová firma FTMO vydělává miliardy. Míří mezi jednorožce". E15 (in Czech).
- 1 2 3 4 Bergermann, Melanie; Kirchgeßner, Kilian (2 April 2025). "FTMO-Gründer: „Wir verdienen mit unserem eigenen Handel weniger als mit den Gebühren"". WirtschaftsWoche (in German).
- 1 2 "Historický úspech – slovenská technologická firma je jedným z víťazov Fast 50" (Press release) (in Slovak). Deloitte. 23 November 2023.
- 1 2 Hodková, Zuzana (2 December 2025). "Miliardový obchod je hotový. České FTMO přebírá amerického obchodníka". Seznam Zprávy (in Czech).
- ↑ "Get to know the history of FTMO". FTMO. Retrieved 2 October 2026.
- ↑ "Třiadvacátým EY Podnikatelem roku České republiky se stal Jakub Havrlant z Rockaway Capital" (Press release) (in Czech). EY. 28 February 2023.
- 1 2 Shome, Arnab (31 July 2024). "Exclusive: Prop Trading Giant FTMO's 2023 Turnover Hits $213 Million". Finance Magnates.
- ↑ Davidová, Viktorie (31 October 2023). "Česká raketa FTMO nezastavuje. Od Woodů kupuje firmu Quantlane". Forbes Czech Republic (in Czech).
- ↑ Kirui, Jared (29 September 2025). "FTMO Announces Over $450 Million Paid Out as Prop Trading Firm Turns 10". Finance Magnates.
- ↑ Gallistl, Vladan (18 September 2026). "Česká raketa FTMO spolkla konkurenta za devět miliard korun". Seznam Zprávy (in Czech).
- ↑ "About Us". FTMO. Retrieved 2 October 2026.
- ↑ "How it works". FTMO. Retrieved 2 October 2026.
- ↑ Kačírek, Šimon (26 July 2026). "Z klienta zaměstnancem. Odhaloval pašeráky na letišti, dnes Pavel Dušek šéfuje klíčové části pražského FTMO". E15 (in Czech).