One year after implementing restrictions on US client acquisition, FTMO, one of the leading proprietary trading firms in the forex industry, continues to maintain its policy of not accepting new traders from the United States.
Yes, FTMO remains unavailable to new clients based in the United States as of mid-2025. The restrictions that began in 2024 continue to be in effect, with no immediate signs of reversal despite the company’s previous statements about seeking solutions for the US market.
FTMO still continues to accept clients from around the world.
The restrictions originated amid what industry observers described as a MetaQuotes crackdown on the proprietary trading landscape. MetaQuotes, the developer of the popular MetaTrader platforms, began restricting licenses for prop firms serving US clients in 2024, causing ripple effects throughout the industry.
When initially implementing the restrictions, FTMO stated they were “looking for ways to make FTMO available again to all those interested in trading in the USA.” However, a year later, no solution has materialized.
The continued restrictions reflect the challenging regulatory environment for prop trading firms operating in the United States. Prior to the complete suspension in 2024, FTMO had already banned traders from five specific states in May 2023, including Delaware, Louisiana, South Carolina, Montana, and Arkansas.
Industry analysts suggest that the prolonged nature of these restrictions indicates deeper regulatory challenges rather than temporary operational adjustments. The situation has created opportunities for alternative prop firms that can navigate the US regulatory landscape, though many traders continue to hope for FTMO’s eventual return to the American market.
US-based traders continue to seek alternative proprietary trading firms that accept American clients. Several competitors have adjusted their business models to comply with US regulations, though many face similar challenges with platform providers and regulatory requirements.
FTMO has maintained its position as a leading prop firm globally despite the US market restrictions, focusing on its strong presence in Europe and other international markets.
The company has not provided a timeline for potentially resuming US operations, leaving American traders to either seek alternatives or wait for possible regulatory developments that might facilitate FTMO’s return to the US market.
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