FTMO Challenge Explained – Guide on How to Become a Funded Trader – FTMO Challenge. Are you a trader looking for an opportunity to hone your trading skills and take them to the next level? Look no further than FTMO! FTMO is a Czech-based proprietary trading firm that funds successful traders with their own capital to trade. In this video, we will discuss everything you need to know about FTMO’s Evaluation Process, specifically the FTMO Challenge, and how to become a funded trader with a balance of up to $400,000 USD.