FTMO vs Mubite: Which is better for your first challenge?

Praga 1, Calle Purkynova 2121/3, 110 00, Czech Republic

Prague

Otakar Suffner

Peter Andreas

2015

2024

Liquidity Provider

ByBit

(Only 2-Step Challenge) Full refound after first payout

After first payout, only 2-Step

100%

14 days

One-Step and Two-Step: first payout on demand once eligible; subsequent payouts 14 days after the previous payout is completed. Instant Funding: first payout after 14 days from the first trade and reaching 5% profit; subsequent payouts every 14 days.
Nitro: first payout on demand once eligible, then every 14 days. Five qualifying profitable days are required each cycle.

• Bank transfer: $20
• Crypto: $50

Instant Funding: USD 35. One-Step and Two-Step: USD 50.
Nitro: USD 50.

No payout fees.

Each request is capped at 5% of the account size. Remaining profit carries over to future requests.
Nitro exception: eligible profit capped at 2.5%, 3%, 3.5%, 4%, 4.5% and 5% for payouts 1 to 6 respectively, before the 80% reward share. No cap from payout 7; excess carries forward.

• Standard: 100:1
• Swing: 30:1

• Standard: 30:1
• Swing: 9:1

• Standard: 50:1
• Swing: 15:1

• Standard: 3.33:1
• Swing: 1:1

• Standard: 3.33:1
• Swing: 1:1

• Instant Funding: increase the profit split from 70% to 80% (+20% fee).
• One-Step: increase the profit split from 80% to 90% (+20%) and add 2% maximum drawdown (+20%).
• Two-Step: increase the profit split from 80% to 90% (+20%), reduce the Phase 1 target from 10% to 8% (+20%), add 2% maximum drawdown (+20%), or remove minimum trading days (+10%).
• Nitro: reduce the target from 5% to 3% for an extra $10 at checkout; activation fee unchanged.

Requirements

• Minimum of 4 months cycle
• At least 10% total net simulated profit in the 4-months trading window, date to date
• Process at least 2 rewards
• Positive account balance at the time of scale-up

Benefits

• Upgraded reward to 90%
• $2M scale-up cap
• Continuous increase when criteria are met

• Instant Funding: after achieving 10% profit within 120 days, 5% is paid to the trader and 5% is used to double the account. Scaling is requested on demand and can reach $1,000,000.
• One-Step and Two-Step: after achieving 10% cumulative profit within 90 days, the account grows by 25%, up to twice its starting size.

• 1-Step: End-of-day trailing
• 2-Step: Static
• Instant: Intraday trailing on closed balance. It does not reset after a Reward withdrawal.

• Instant Funding: 10% Smart Drawdown. After reaching 5% profit, the loss floor locks at 5% below the milestone balance.
• One-Step: 6% standard; 8% with the Extra 2% Drawdown Room add-on.
• Two-Step: 8% standard; 10% with the Extra 2% Drawdown Room add-on.
• Nitro: 5% fixed throughout evaluation.

90%

• Instant Funding: 70% standard; 80% with the profit-split add-on.
• One-Step: 80% standard; up to 90% through performance progression or the add-on.
• Two-Step: 80% standard; up to 90% through performance progression or the add-on.
• Nitro: 80%.

$100,000 free trial lasting 7 days. It has a 5% profit target, 5% daily drawdown, 10% maximum drawdown and 2 minimum trading days. Successful completion provides a 20% discount on a paid challenge.

Equity based

• Instant Funding: Smart Drawdown applies instead of a separately published fixed daily percentage.
• One-Step: 4%.
• Two-Step: 5%.
  The daily limit is measured using equity and resets at midnight UTC.
• Nitro: 3%.

Unlimited

No maximum time limit to complete the evaluation.

• 1-Step: 0 days
• 2-Step Phase 1 and 2: 4 days
• Instant: 0 days

• Instant Funding: no minimum trading days.
• One-Step: 10 trading days.
• Two-Step: 10 trading days in Phase 1 and 3 trading days in Phase 2.
  A day counts when the absolute closed PnL movement exceeds 0.25% of the initial balance.
• Nitro: no minimum during evaluation; five profitable days of at least 0.5% of starting balance in each funded payout cycle, not necessarily consecutive.

A paid reset may be offered for failed evaluations, subject to the options available in the dashboard. It restarts the evaluation and all trading-day counters. A Two-Step reset from Phase 2 returns the trader to Phase 1. Reset fees are non-refundable.

Unlimited evaluation accounts may be purchased and operated simultaneously. Accounts that exceed the applicable total funded allocation are paused until allocation becomes available.

Payouts can be converted into Mubite Points for use within the platform.

Self-developed bots and EAs are allowed when the trader can prove ownership of the strategy. Public or third-party bots are prohibited. Cleo does not currently support external bots, although its built-in semi-assisted tools may be used.

Recommended. During the funded stage, consistently trading without stop losses may be considered poor risk management.

Tick scalping performed with manipulative intent or to exploit execution conditions is prohibited.

Each trade must keep its realized loss below 3% of account equity at the time it was opened, both per partial close and cumulatively. In the funded stage, individual positions are capped at 1x account balance on Instant Funding and 2x on One-Step/Two-Step; cumulative exposure is capped at 2x and 3x respectively. The first position-size or exposure violation receives one five-minute correction window.

Copying or mirroring trades from other accounts, platforms, signal services or third parties is prohibited during both evaluation and funded stages.

Standard

Not allowed to execute any new trade or close an existing trade (including stop loss or take profit) on the targeted instrument in the window of 2 minutes before until 2 minutes after the release of the below news announcements.

Swing

No restrictions.

News trading is allowed. Daily and maximum drawdown limits and all other risk rules remain active during volatile events.

30 days

Deactivation after 30 days without trading. Email warning after 14 days of inactivity.

• 1-Step: To pass the FTMO Challenge: 1-Step or to be eligible for a Reward on an FTMO Account, your profit from the Best Day must not represent more than 50% of your total profit.
• 2-Step: No consistency rule.
• Instant: To be eligible for a Reward, your Best Day must not represent more than 30% of your total profit. The count restarts from zero after each Reward.

Funded stage only. The best day must account for less than 25% of total profit on Instant Funding, 30% on One-Step and 40% on Two-Step. Exceeding the threshold delays payouts until compliance; it does not close the account.
Nitro uses a Funded Score below 20%: best day profit divided by total profit from profitable days in the payout cycle. This delays payout until compliant and never closes the account.

Standard

In an FTMO Challenge or Verification, you don't have to close your positions during the weekend. However, once you become an FTMO Trader and get an FTMO Account, you are required to close your positions just before the markets close for the weekend or if the rollover (market break) is longer than 2 hours.

Swing

No restrictions.

Positions may be held overnight, through weekends and for as long as the strategy requires.

• Overleveraging
• Overexposure
• One-sided bets
• Account Rolling

Prohibited practices include latency or gap exploitation, external or delayed data feeds, arbitrage, manipulative HFT, group trading, account mirroring, cross-account hedging, account rolling, grid trading, manipulative tick scalping, disproportionate position sizing, unauthorized third-party account management and manipulation of Bybit API keys, balances or challenge parameters.