FTMO 2-Step $200K Challenge
2-step · Forex & CFD · one-time billing
FTMO’s 2-Step 200K is a 2-step forex & CFD evaluation that costs €1,080.00, billed one-time. To pass you need 10% then 5% profit across 2 phases. The max loss is 10% ($20,000), static, with a 5% daily loss limit. There is no activation fee after you pass. The first month comes to $1,177.20, the 18th cheapest of the 18 200K forex & CFD challenges we track. Funded accounts get a 80% split, and the payout rule is: on demand, from day 14.
Rule sheet
From FTMO’s own docs, read 5 Nov 2026.What’s different about 2-Step
FTMO’s classic challenge: 10% then 5%, a 5% daily loss and a 10% max loss that never moves, at least 4 trading days per phase and no time limit. The split starts at 80% and the fee comes back with your first reward.
Cost breakdown
With and without our code.| Without code | With code | |
|---|---|---|
| Evaluation fee | €1,080.00 | €1,080.00 |
| Discount | — | No active code |
| Activation fee | $0 | $0 |
| Reset fee | None · rebuy €1,080.00 | None · rebuy €1,080.00 |
| First-month cost | $1,177.20 | $1,177.20 |
How the 2-Step 200K compares
Against the 18 200K forex & CFD challenges we track, the 10% profit target is higher than the median (9%), the 10% max loss gives more room than the median (6%), and PT:DD is 1:1.00 against a median of 1:1.00. The 80% split is level with the median of 80%.
What it costs to get funded: $1,177.20 if you pass on the first attempt, $2,354.40 if you fail once and buy it again. The median 200K forex & CFD challenge costs $710.40 in the first month.
2-Step vs FTMO’s other plans
Compared with FTMO’s other 200K plan:
- 1-Step: $1,088.91 first month (vs $1,177.20), eod trailing drawdown instead of static, 10% target instead of 10% + 5%, 90% split instead of 80%, 1-step instead of 2-step.
About FTMO: founded in 2015 in the Czech Republic, 10 challenges across forex & cfd, Trustpilot 4.8 from 55,579 reviews (their data), not available in Afghanistan, Antigua and Barbuda, Belarus, Belize and 72 more countries.
Other sizes of 2-Step
| Size | Price | With code | First month | |
|---|---|---|---|---|
| $10K | €89.00 | €89.00 | $97.01 | View $10K → |
| $25K | €250.00 | €250.00 | $272.50 | View $25K → |
| $50K | €345.00 | €345.00 | $376.05 | View $50K → |
| $100K | €540.00 | €540.00 | $588.60 | View $100K → |
| $200K | €1,080.00 | €1,080.00 | $1,177.20 | Viewing |
Similar 200K forex & CFD challenges
Other firms, same 2-step format and static drawdown, closest in first-month cost.| ☐ compare firm · ★ Trustpilot | Code · buyaffiliate links | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
BG Blue Guardian— Blue Guardian 2 Step Nano · $200K · rules & details → | $200K 2-step | $460.00$322.00 one-time | 8% | 5% $16,000 | $10,000 | 3% $6,000 | 10% $20,000 | Static | 80% | MT5MTR+1 | 1:50 | ◐ Restricted | ✓ Yes | ✓ Yes | $322.00 | Buy Blue Guardian 2 Step Nano $200K | ||
| BG Blue Guardian— Blue Guardian 2 Step Standard · $200K · rules & details → | $200K 2-step | $930.00$651.00 one-time | 8% | 4% $16,000 | $8,000 | 4% $8,000 | 8% $16,000 | Static | 85% | MT5MTR+1 | 1:50 | ◐ Restricted | ✓ Yes | ✓ Yes | $651.00 | Buy Blue Guardian 2 Step Standard $200K | ||
F FXIFY4.3 FXIFY Two Phase Pro · $200K · rules & details → | $200K 2-step | $1,099.00$714.35 one-time | 4% | 8% $8,000 | $16,000 | 4% $8,000 | 8% $16,000 | Static | 80% | MT5DXT+1 | 1:30 | ✓ Yes | ✓ Yes | ✓ Yes | ✕ No | $714.35 | Buy FXIFY Two Phase Pro $200K | |
F FundingPips4.5 FundingPips 2-Step Pro · $200K · rules & details → | $200K 2-step | $919.00$735.20 one-time | 6% | 6% $12,000 | $12,000 | 3% $6,000 | 6% $12,000 | Static | 80% | MT5MTR+1 | 1:100 | ◐ Restricted | $735.20 | Buy FundingPips 2-Step Pro $200K | ||||
F FundedNext4.5 FundedNext Stellar Lite · $200K · rules & details → | $200K 2-step | $798.99$743.06 one-time | 8% | 4% $16,000 | $8,000 | 4% $8,000 | 8% $16,000 | Static | 80% | MT5cT+1 | Not stated | ◐ Restricted | $743.06 | Buy FundedNext Stellar Lite $200K | ||||
| F FundedNext4.5 FundedNext Stellar 2-Step · $200K · rules & details → | $200K 2-step | $1,099.99$1,022.99 one-time | 8% | 5% $16,000 | $10,000 | 5% $10,000 | 10% $20,000 | Static | 80% | MT5cT+1 | Not stated | ◐ Restricted | ✓ Yes | $1,022.99 | Buy FundedNext Stellar 2-Step $200K |
Blue Guardian—2 Step Nano · $200K · 2-step $460.00$322.00one-time Blue Guardian—2 Step Standard · $200K · 2-step $930.00$651.00one-time FXIFY4.3Two Phase Pro · $200K · 2-step $1,099.00$714.35one-time FundingPips4.52-Step Pro · $200K · 2-step $919.00$735.20one-time FundedNext4.5Stellar Lite · $200K · 2-step $798.99$743.06one-time FundedNext4.5Stellar 2-Step · $200K · 2-step $1,099.99$1,022.99one-time