FTMO Resumes U.S. Access via OANDA Partnership

FTMO, the Czech-based proprietary trading firm known for its simulated trading challenges and educational programs, has returned to the U.S. market through a new partnership with OANDA, a U.S.-regulated broker.

The collaboration enables American residents to access FTMO's training tools, including its simulated trading environment and the FTMO Rewards Account, which provides incentives based on trading performance. All services remain non-financial and educational, with no real-money trading involved.

FTMO underlined that the partnership with OANDA is distinct from its pending acquisition of OANDA Global Corporation. That transaction, backed by CVC Asia Fund IV, is still awaiting regulatory approval.

Since its founding in 2015, FTMO has attracted more than four million users worldwide, positioning itself as one of the leading providers of trader development programs. The firm previously halted access for U.S. clients due to regulatory and operational hurdles, making this relaunch a notable expansion.

Financially, FTMO has also shown rapid growth. In 2023, the company reported revenue of nearly $213 million, up 20 percent from the prior year, with EBITDA at around $100 million. Pre-tax profit rose to $98 million, compared with $74.5 million in 2022, while net profit after tax reached $79.3 million.

OANDA, which was founded in 1996, operates globally with regulated entities in major financial hubs including New York, Toronto, London, Warsaw, Singapore, Tokyo, and Sydney. Beyond the FTMO tie-up, OANDA has also renewed its commercial partnership with the New York Red Bulls. The agreement keeps OANDA as the club's Official Forex Trading Partner, with branding on jerseys, fan engagement initiatives, and hospitality programs at matches.