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Founded in 2015, FTMO is a prominent global proprietary trading firm with origins in the Czech Republic. The company's core business revolves around identifying and funding talented traders. Aspiring traders pay a fee to enter a two-step evaluation process, consisting of the "FTMO Challenge" and the "Verification" stage, where they must meet specific trading objectives on a demo account. Traders who successfully pass both stages are offered a position as an "FTMO Trader," allowing them to manage a funded account with the firm's capital (up to $200,000, scalable) and keep up to 90% of the profits they generate. FTMO provides the trading platform, capital, and support, while the trader provides the strategy, without risking their own capital beyond the initial evaluation fee.