FTMO 200k Lot Size and Drawdown
On a $200,000.00 account, risking 2% ($4,000.00) with a stop of 20 pips, USDCHF sizes to 16.67 lots. One pip on 1.00 lot is $11.9962. The loss at that rounded size is $3,999.5202, with no spread and no commission.
$200,000.00 is the largest 1-Step and 2-Step challenge size on the how-it-works page. Instant accounts on that page stop at $100,000.00, so these dollars are not an Instant limit. The objectives page still demonstrates the percentage with a $100,000.00 example. This page applies 5%, 3% and 10% of initial simulated capital to $200,000.00 and opens USDCHF, because a franc quote is not a flat $10.00 pip, at a 20 pip stop. Swing is an account type people look up with the 200k size. This page does not give swing its own loss table.
USDCHF contract: 100,000 units per 1.00 lot. 1 pip = 0.0001. A 0.01 lot is $0.12 per pip, a 0.10 lot is $1.1996, and 1.00 lot is $11.9962. Values in USD use USD/CHF 0.8336 on 2026-10-15. Minimum lot 0.01, step 0.01. The lot rounds down, so the loss at the stop stays at or under the risk when spread and commission are left at zero.
The risk table for USDCHF uses stops of 24, 48, 96 pips. On $200,000.00 at 2% those three stops size 13.89 lots, $3,999.0403 at the stop; 6.94 lots, $3,996.1612 at the stop; 3.47 lots, $3,996.1612 at the stop.
| Spec | USDCHF |
|---|---|
| Contract size | 100,000 units per 1.00 lot. |
| Pip definition | 1 pip = 0.0001 |
| Value of 0.01 lot per pip | $0.12 |
| Value of 0.10 lot per pip | $1.1996 |
| Value of 1.00 lot per pip | $11.9962 |
| Minimum lot | 0.01 |
| Lot step | 0.01 |
| USD rate used for this table | USD/CHF 0.8336 on 2026-10-15 |
| USDCHF | Account | Risk | 24 pips | 48 pips | 96 pips |
|---|---|---|---|---|---|
| USDCHF | $5,000.00 | 0.5% ($25.00) | 0.08 lots, $23.0326 at the stop | 0.04 lots, $23.0326 at the stop | 0.02 lots, $23.0326 at the stop |
| USDCHF | $5,000.00 | 1% ($50.00) | 0.17 lots, $48.9443 at the stop | 0.08 lots, $46.0653 at the stop | 0.04 lots, $46.0653 at the stop |
| USDCHF | $5,000.00 | 2% ($100.00) | 0.34 lots, $97.8887 at the stop | 0.17 lots, $97.8887 at the stop | 0.08 lots, $92.1305 at the stop |
| USDCHF | $10,000.00 | 0.5% ($50.00) | 0.17 lots, $48.9443 at the stop | 0.08 lots, $46.0653 at the stop | 0.04 lots, $46.0653 at the stop |
| USDCHF | $10,000.00 | 1% ($100.00) | 0.34 lots, $97.8887 at the stop | 0.17 lots, $97.8887 at the stop | 0.08 lots, $92.1305 at the stop |
| USDCHF | $10,000.00 | 2% ($200.00) | 0.69 lots, $198.6564 at the stop | 0.34 lots, $195.7774 at the stop | 0.17 lots, $195.7774 at the stop |
| USDCHF | $25,000.00 | 0.5% ($125.00) | 0.43 lots, $123.8004 at the stop | 0.21 lots, $120.9213 at the stop | 0.10 lots, $115.1631 at the stop |
| USDCHF | $25,000.00 | 1% ($250.00) | 0.86 lots, $247.6008 at the stop | 0.43 lots, $247.6008 at the stop | 0.21 lots, $241.8426 at the stop |
| USDCHF | $25,000.00 | 2% ($500.00) | 1.73 lots, $498.0806 at the stop | 0.86 lots, $495.2015 at the stop | 0.43 lots, $495.2015 at the stop |
| USDCHF | $50,000.00 | 0.5% ($250.00) | 0.86 lots, $247.6008 at the stop | 0.43 lots, $247.6008 at the stop | 0.21 lots, $241.8426 at the stop |
| USDCHF | $50,000.00 | 1% ($500.00) | 1.73 lots, $498.0806 at the stop | 0.86 lots, $495.2015 at the stop | 0.43 lots, $495.2015 at the stop |
| USDCHF | $50,000.00 | 2% ($1,000.00) | 3.47 lots, $999.0403 at the stop | 1.73 lots, $996.1612 at the stop | 0.86 lots, $990.4031 at the stop |
| USDCHF | $100,000.00 | 0.5% ($500.00) | 1.73 lots, $498.0806 at the stop | 0.86 lots, $495.2015 at the stop | 0.43 lots, $495.2015 at the stop |
| USDCHF | $100,000.00 | 1% ($1,000.00) | 3.47 lots, $999.0403 at the stop | 1.73 lots, $996.1612 at the stop | 0.86 lots, $990.4031 at the stop |
| USDCHF | $100,000.00 | 2% ($2,000.00) | 6.94 lots, $1,998.0806 at the stop | 3.47 lots, $1,998.0806 at the stop | 1.73 lots, $1,992.3225 at the stop |
Firm rules
Rules checked on 2026-10-15. Purchase-date coverage is not stated on this page. Figures below are FTMO's published percentages of initial simulated capital applied to $200,000.00. The trading objectives page works the 1-Step and 2-Step examples on a $100,000.00 account and does not print a separate dollar table for every size. The how-it-works page lists challenge sizes of $10,000.00, $25,000.00, $50,000.00, $100,000.00 and $200,000.00.
2-Step daily loss amount is 5% of initial simulated capital: $10,000.00 on $200,000.00. FTMO subtracts that amount from the balance at 00:00 CE(S)T. On day 1, while that balance is still $200,000.00, the equity floor is $190,000.00. A later midnight balance moves the floor. The $10,000.00 amount stays tied to the initial capital. Equity, including open profit or loss, swaps and commissions, cannot drop below the floor.
2-Step maximum loss is 10% of initial simulated capital: $20,000.00 on $200,000.00. The floor is static at $180,000.00.
1-Step daily loss amount is 3% of initial simulated capital: $6,000.00 on $200,000.00. Day 1 floor is $194,000.00. The 1-Step maximum loss is also $20,000.00, and it trails the highest balance recorded at 00:00 CE(S)T. The floor can rise and cannot fall. Day 1 floor is $180,000.00.
FTMO Instant uses a 3% daily loss and an intraday trailing 10% maximum. That program is not in the dollar figures above.
Maximum lot: FTMO states that it does not set a universal position-size limit or a cap on risk per trade. Daily loss and maximum loss still apply. The note is not a symbol-by-symbol lot table, and it does not say every lot size will be accepted by the platform.
Questions
What is the FTMO 200k drawdown?
Maximum loss is 10% of initial simulated capital, $20,000.00. 2-Step floor is static at $180,000.00. 1-Step trails the highest midnight balance. Day 1 floor is $180,000.00 for both while the balance is still $200,000.00.
What is the FTMO daily loss limit on $200,000?
2-Step $10,000.00, subtracted from the 00:00 CE(S)T balance. Day 1 floor $190,000.00. 1-Step $6,000.00, day 1 floor $194,000.00.
What is the FTMO maximum lot size?
No universal lot cap is stated. Daily loss and maximum loss still end the account if equity breaks the floor. The USDCHF size on this page is not that cap.
What USDCHF lot is 2% of $200,000?
16.67 lots with a 20 pip stop, loss $3,999.5202, at USD/CHF 0.8336 on 2026-10-15. A $10.00 pip would size a different lot.