Like others have pointed there is no point going for FAT32 over NTFS.
Even if it's for compatibility issues, there is no real advantage in formatting a 1TB drive to FAT32 since you cannot store files larger than 4 GB.
Instead try exfat-it supports file size greater than 4+GB. But then again it is somewhat newer so you may run into compatibility issues-but it is also more portable than NTFS