Last updated: 12 October 2026 A $600 evaluation fee means very different things in Lagos and in Chicago. We took FTMO’s euro prices, converted them at the European Central Bank reference rate, and divided them by each country’s 2024 gross national income (GNI) per person from the World Bank. We also show whether FTMO says it serves residents of that country.
FTMO’s €540 ($100,000 2-Step) challenge is $605.12 at the ECB rate of 1.1206 on 9 October 2026. That is 35% of Nigeria’s 2024 gross national income per person ($1,710), and 0.7% of the US figure ($82,910).
In 97 of 198 economies with World Bank data, the fee is more than a month’s average income (over 8.3% of GNI per person). In India it is 24%, in Pakistan 42%, in Kenya 29%.
The cheapest FTMO challenge (€89, $10,000 account, $99.73) is still 5.8% of income per person in Nigeria and 7.0% in Pakistan, against 0.12% in the US.
Many of the lowest-income countries are on FTMO’s own restricted list. Of the 20 low-income economies in this data, 13 are on FTMO’s restricted list as published on 12 October 2026.
Selected countries
| Country | Income group | GNI per person, 2024 | €540 fee as % of it | €89 fee as % of it | FTMO list (12 Oct 2026) |
|---|---|---|---|---|---|
| Nigeria | Lower middle income | $1,710 | 35.4% | 5.83% | Not on FTMO’s restricted list |
| Pakistan | Lower middle income | $1,430 | 42.3% | 6.97% | Not on FTMO’s restricted list |
| India | Lower middle income | $2,550 | 23.7% | 3.91% | Not on FTMO’s restricted list |
| Kenya | Lower middle income | $2,070 | 29.2% | 4.82% | Not on FTMO’s restricted list |
| Egypt, Arab Rep. | Lower middle income | $3,510 | 17.2% | 2.84% | Not on FTMO’s restricted list |
| Philippines | Upper middle income | $4,470 | 13.5% | 2.23% | Not on FTMO’s restricted list |
| Indonesia | Upper middle income | $4,920 | 12.3% | 2.03% | FTMO CFDs not offered to residents |
| Viet Nam | Upper middle income | $4,490 | 13.5% | 2.22% | Not on FTMO’s restricted list |
| South Africa | Upper middle income | $6,110 | 9.9% | 1.63% | Not on FTMO’s restricted list |
| Brazil | Upper middle income | $9,930 | 6.1% | 1.00% | Not on FTMO’s restricted list |
| Morocco | Lower middle income | $3,840 | 15.8% | 2.60% | Not on FTMO’s restricted list |
| Turkiye | Upper middle income | $13,430 | 4.5% | 0.74% | Not on FTMO’s restricted list |
| Mexico | Upper middle income | $12,760 | 4.7% | 0.78% | Not on FTMO’s restricted list |
| United Kingdom | High income | $49,320 | 1.2% | 0.20% | Not on FTMO’s restricted list |
| Germany | High income | $55,090 | 1.1% | 0.18% | Not on FTMO’s restricted list |
| United Arab Emirates | High income | $51,550 | 1.2% | 0.19% | Not on FTMO’s restricted list |
| United States | High income | $82,910 | 0.7% | 0.12% | Served via FTMO’s US affiliate (ftmo.oanda.com) |
The 17 countries above are a mix of large economies and countries often named in prop trading forums. All 198 economies are in the CSV.
By World Bank income group
| World Bank income group | Economies | Median GNI per person, 2024 | €540 fee as % of median |
|---|---|---|---|
| Low income | 20 | $730 | 82.9% |
| Lower middle income | 47 | $2,400 | 25.2% |
| Upper middle income | 58 | $7,170 | 8.4% |
| High income | 73 | $36,020 | 1.7% |
Where the fee is the biggest share of income
| Country | GNI per person, 2024 | €540 fee as % of it | FTMO list (12 Oct 2026) |
|---|---|---|---|
| Burundi | $250 | 242% | FTMO CFDs not offered to residents |
| Afghanistan | $390 | 155% | FTMO CFDs not offered to residents |
| Central African Republic | $510 | 119% | FTMO CFDs not offered to residents |
| Madagascar | $520 | 116% | Not on FTMO’s restricted list |
| Mozambique | $550 | 110% | Not on FTMO’s restricted list |
| Malawi | $570 | 106% | FTMO CFDs not offered to residents |
| Somalia, Fed. Rep. | $620 | 98% | FTMO CFDs not offered to residents |
| Niger | $670 | 90% | FTMO CFDs not offered to residents |
| Congo, Dem. Rep. | $680 | 89% | Not on FTMO’s restricted list |
| Sudan | $710 | 85% | FTMO CFDs not offered to residents |
| Liberia | $750 | 81% | FTMO CFDs not offered to residents |
| Sierra Leone | $820 | 74% | FTMO CFDs not offered to residents |
| Burkina Faso | $850 | 71% | Not on FTMO’s restricted list |
| Gambia, The | $880 | 69% | FTMO CFDs not offered to residents |
| Chad | $930 | 65% | FTMO CFDs not offered to residents |
Several of these countries are also on FTMO’s own restricted list, so their residents cannot buy FTMO CFD challenges at all. We show both because the price comparison and the eligibility rule are separate facts.
Why now
The IMF and World Bank Group Annual Meetings run from 12 to 18 October 2026 in Bangkok. The income figures here are the World Bank’s own, last updated on 8 October 2026.
Sources
- World Bank, World Development Indicators: GNI per capita, Atlas method (current US$), NY.GNP.PCAP.CD — 2024 values from the World Bank API, last updated 8 October 2026, fetched 12 October 2026. Licensed CC BY 4.0. Regional aggregates removed; income groups from the World Bank country metadata.
- FTMO pricing — €540 for the 2-Step $100,000 Challenge and €89 for the 2-Step $10,000, read 11 October 2026 (see our FTMO euro fees in dollars page).
- ECB euro reference rate — 1.1206 US dollars per euro on 2026-10-09.
- FTMO: Who can join FTMO? — residency and nationality restrictions, read 12 October 2026.
- IMF: 2026 Annual Meetings — dates and location.
Method
Fee share = FTMO fee in US dollars divided by GNI per person (Atlas method, current US dollars, 2024), times 100. A share over 8.33% means the fee is more than one twelfth of a year’s average income. Country names follow the World Bank. Eligibility labels come from FTMO’s FAQ and cover FTMO CFDs; FTMO Futures has its own list, which we did not map here.
We used FTMO because it is the firm on our site with a confirmed euro price list and a published country table. The method works for any fee: divide it by the GNI column in the CSV.
Caveats
GNI per person is an average across the whole population, not the income of people who trade. It says nothing about how many people in a country buy evaluations or could afford one. The Atlas method smooths exchange rates over three years, so it differs from a simple conversion.
FTMO’s eligibility list can change, and it applies in more ways than the table shows (for example, conditional exceptions for some nationals living in the EEA). Check FTMO’s own page before relying on it. Card and bank charges are not included in the dollar fee.
How to cite this
Prop Data Lab, “What a Prop Firm Challenge Costs by Country, as a Share of Income”, updated 12 October 2026, https://propdatalab.com/prop-firm-challenge-cost-by-country-income/
The table and the CSV are free to reuse under CC BY 4.0: copy, chart or republish them, commercial use included, as long as you link back to this page. Income figures are from the World Bank (CC BY 4.0); please also credit the World Bank when you reuse them.
Common questions
How much is an FTMO challenge compared with average income?
FTMO's €540 $100,000 2-Step Challenge is $605.12 at the ECB rate on 9 October 2026. That is 35% of Nigeria's 2024 GNI per person, 24% of India's and 0.7% of the United States'.
What is GNI per capita?
Gross national income divided by population, in US dollars. The World Bank uses the Atlas method, which averages exchange rates over three years. It is an average, not a typical wage.
Does FTMO accept traders from every country?
No. On 12 October 2026 FTMO's FAQ listed countries where it does not offer FTMO CFDs, and said it does not accept nationals or residents of Iran, Syria, Myanmar and North Korea, with some conditional exceptions.
Where does the data come from?
The World Bank's World Development Indicators (2024), FTMO's own price list and FAQ, and the ECB euro reference rate.