FTMO Making a Splash at FMLS – Interview with CEO, Otakar Suffner

The Finance Magnates London Summit (FMLS) this November 20-22 at Old Billingsgate. Finance Magnates spoke with Otakar Suffner, CEO of FTMO, one of the event’s participating brands, for his in-depth perspective.

Are you excited for FMLS:23 and how can FTMO benefit from attending such an event this Fall?

Of course we are, it is our first prominent appearance at such a significant event. Attending this event will bring more light and understanding to our modern prop trading business. Moreover, we are excited to see other important players in the industry and the things they have been working on. Fintech remains a very dynamic field, and we know very well that we cannot afford to stand still. At the same time, we look forward to sharing some of our insights that others can also benefit from.

Every event has something unique. What is FTMO hoping to get out of FMLS:23 or expecting to see?

For us, it is a matter of meeting our partners from the industry and looking for other exciting partnerships that could provide more value to our clients. We are also very active in investments and acquisitions of other companies with the potential to bring synergies to other companies in the holding. We know there will be many such partners at the summit who share a similar vision to our own.

The industry continues to evolve in 2023. How has the playing field changed since last year and where does FTMO fit into this trend?

Modern prop trading has become extremely popular, and new firms pop up daily. FTMO, a founding company of the modern prop trading industry, remains solid and sets the standards for others. We focus on our business and the never-ending improvement of our services and technology. We expect the industry will continue to emphasize the quality of service for customers.

FMLS:23 attracts the biggest brands, including FTMO. How does your company stand out in the crowd and in a competitive field?

FTMO will most likely be the only modern prop trading company attending FMLS. We naturally stand out as the world's first and the largest modern prop firm. Our competitive advantage lies in our credibility, client-oriented approach, fairness, and technology. In short, we put the needs of our clients above all other considerations, and staying true to that has proven to be the best possible business model.

Looking ahead, are there any challenges you foresee in Q4 2023 and beyond, and how is FTMO built to overcome or address these?

It has become increasingly apparent that the only way to maintain trust with clients is to provide a high-quality experience with real added value.

At FTMO, we have championed a client-oriented approach and always put our clients' needs first instead of maximizing profits. Only the companies that can do this will continue to thrive long-term.

Aside from that, we focus on the development of our services as well as strengthening the FTMO group as a whole through acquisitions. Modern prop trading and fintech will continue to bring new and exciting innovations and we are happy to play our part.