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Quick take
FTMO has entered a strategic partnership with OANDA to make its education and simulated prop trading program available to legal U.S. residents. You complete the FTMO Challenge and Verification, then trade a simulated FTMO Rewards Account with performance-based rewards. The program runs in a simulated environment and is separate from a regulated brokerage account.
- U.S. residents can now access FTMO’s evaluation and simulated trading pathway.
- The setup uses FTMO’s education and tech with infrastructure support from OANDA entities in the U.S.
- It remains a simulated environment with program-specific rules and agreements.
What happened
On 26 August 2025, FTMO announced a strategic partnership with OANDA to expand access to its platform for the U.S. market. The focus is an educational and simulated trading pathway tailored for U.S. residents.
Who can join
You must be at least 18 and a legal U.S. resident or a U.S.-incorporated entity. A valid U.S. Tax Identification Number is required to receive rewards. Always review the current eligibility list and IDs required during sign-up.
How the FTMO US flow works
Step 1: FTMO Challenge
Start with a one-time paid evaluation to show risk control and consistency. The fee varies by the simulated account size you choose. If you pass the Challenge and the next step, FTMO typically reimburses the evaluation fee with your first reward, subject to program conditions.
Step 2: Verification
Trade under a second set of rules to confirm discipline. You also complete identity checks and accept the agreements that govern the U.S. program.
Step 3: FTMO Rewards Account
After you pass, you trade a simulated FTMO Rewards Account. You may become eligible for performance-based rewards that you can request after the minimum holding period and review criteria are met.
Payout timing
Rewards can be requested after a minimum of 14 days from your first trading day on the account, provided the account is in profit with no open trades or pending orders at the time of request.
What this is not
- It is not a customer relationship with OANDA’s regulated brokerage. Regulatory protections that apply to brokerage customers do not apply to this program.
- It is a simulated environment with program rules and agreements. Read them fully before you start.
Why this partnership matters
- U.S. availability: A clear pathway for U.S. traders to access FTMO’s structured evaluation and education.
- Clear roles: One FTMO group entity oversees the evaluation stages, while an OANDA group entity oversees the Rewards Account program flow in the U.S.
- Education first: Courses, psychology content, and platform guides support stronger trading habits.
How to get started
- Read the official program pages and FAQs for the U.S. setup.
- Pick your simulated account size and start a Free Trial if you want to test first.
- When ready, purchase the FTMO Challenge, follow the rules, and manage risk closely.
- Complete Verification, identity checks, and required agreements.
- Trade the simulated Rewards Account and follow the reward request steps.
Quick FAQs
Is the FTMO US program regulated as a brokerage service?
No. It is a simulated trading program. Participation does not create a customer relationship with OANDA’s regulated brokerage, and those regulatory protections do not apply.
Do I pay monthly fees?
No recurring fees for the evaluation stages. You pay a one-time evaluation fee that typically covers the Challenge and Verification. Review the current fee table and refund conditions.
When can I request a reward?
After a minimum of 14 days from the first day of trading on your Rewards Account, if your account is in profit and there are no open or pending orders.
Useful FTMO resources
- Press release: FTMO and OANDA partnership
- How it works: FTMO US pathway
- FTMO US FAQ hub
- Who can join FTMO US
- How the U.S. technical setup works
- Fees: one-time evaluation fee policy
- Reward request timing and steps
Disclaimer: This content is educational. Trading involves risk. Read all program rules and legal documents before you join.