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Let's start with the success rates in the Challenge and Verification stages. These are critical metrics for understanding the difficulty of becoming an FTMO Trader. In 2023, the success rate for the FTMO Challenge was around 10-15%. This means that out of all the traders who started the Challenge, only about 10-15% managed to pass it. The Verification stage saw a slightly higher success rate, hovering around 20-25%. So, what does this tell us? Well, it highlights that the FTMO Challenge is quite rigorous, requiring traders to demonstrate a solid understanding of risk management and trading strategy. The Verification stage, while still challenging, sees a slightly higher success rate, indicating that those who make it this far have a better grasp of the skills needed to succeed.
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