WS_FTP Password Recoverer will recover all the passwords and host addresses to most versions of WS_FTP. The passwords are stored in the .ini files located in the WS_FTP folder.

Note: Newer WS_FTP versions no longer store their WS_FTP.ini in the application folder. Instead they store it in the windows applicationdata folder (...\Applicationdata\Ipswitch\WS_FTP\Sites\WS_FTP.ini).