Over vs FTMO
How a $10,000 FTMO 2-Step Challenge compares with a $10,000 Over mission, rule by rule.
How each one works
FTMO is a forex and CFD prop firm. You trade a demo account through two phases, the FTMO Challenge and the Verification, then move to a funded FTMO Account.[1] Over is an instant-funded perpetual prop firm. You get $10,000 of trading power on stock and crypto perps straight away. No evaluation: hit the target and you're paid. No evaluation, no funded stage to trade through first.
Where Over is ahead
What you pay, and what it takes to get paid
FTMO charges a one-time fee, refunded with your first reward.[5] For it, you pass two phases: 10% ($1,000) in the Challenge, then 5% ($500) in the Verification, with at least 4 trading days in each.[1][6] Then you trade the funded account, and your first reward comes from day 14 after your first funded trade.[2] Over charges $160 once, and every Over account is instant funded. No evaluation, no second phase. You make 10% ($1,000) in realised profit within 72 hours, across at least 5 sectors, and you're paid in USDC within 24 hours of approval.[4][3] No trading fees, no payout buffer, no 14-day wait.
How you fail
FTMO has two loss limits. The daily one is 5% of your initial balance, $500 a day, and it counts open positions. The maximum is 10% of your initial balance, so the account fails at $9,000, and that line never moves.[1] Over has two limits. Its floor is static, 5% below your $10,000 start, at $9,500. Its daily limit is 3% of the account, $300, measured from each day's opening balance and reset at 00:00 UTC. Both count open positions.[4]
Two example 72-hour runs on a $10,000 account. White is the balance, the iridescent line is Over's floor, and red is FTMO's limits. On a calm run Over's floor sits higher, because it starts 5% below you. On a winning run with one bad day, a daily limit can end the run while you're still up. Over's floor stops at your start, so it can't.
How you get paid
On FTMO you can ask for your first reward from day 14 after your first trade on the funded account. The split is 80%, up to 90% with the Scaling Plan. You can be paid by bank wire, card, Skrill or crypto, including USDC.[2] On Over you are paid when you pass, within 24 hours of approval: 80% of the target, or 90% if you bought the upgrade, in USDC on Solana.[3]
At a glance
| Over | FTMO | |
|---|---|---|
| Fee | $160, one time | One time. Refunded with your first reward.[5] |
| Markets | Stock and crypto perps | Forex, indices, commodities, stocks and crypto CFDs.[7] |
| Rounds | Instant funding. No evaluation | 2 phases, then a funded account.[1] |
| Profit target | +$1,000 (10%) | +$1,000 (10%), then +$500 (5%).[1] |
| Time limit | 72 hours | None. At least 4 trading days in each phase.[6] |
| Max loss | 5%, static: floor at $9,500 | 10% of your initial balance. Static.[1] |
| Daily loss limit | 3% of the account, $300, from the day's opening balance. Resets at 00:00 UTC | 5% of your initial balance.[1] |
| Split | 80%, or 90% with the upgrade | 80%. Up to 90% with the Scaling Plan.[2] |
| First payout | When you pass. Paid within 24 hours of approval | From day 14 after your first trade on the funded account.[2] |
| Paid in | USDC on Solana | Bank wire, card, Skrill or crypto, including USDC.[2] |
Which one fits you
Want no deadline, or trade forex? FTMO. Want instant funding on stocks or crypto, paid within 24 hours of approval? Over.
Sources
- FTMO: Trading objectives
- FTMO: How do I withdraw my profits?
- Over docs: Payout schedule (approved payouts every 24 hours)
- Over docs: Mission rules (instant funded, paid on pass, no payout buffer)
- FTMO: Are the fees recurrent?
- FTMO: How long does it take to become an FTMO Trader?
- FTMO: Which instruments can I trade?
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