- Scaling option
- Up to $2,500,000 capital
- Profit splits up to 90%
- A large variety of trading instruments (forex pairs, commodities, indices, cryptocurrencies)
- No minimum or maximum trading days
- Overnight trading and holding is allowed
- Platforms MetaTader 4 and 5
- Leverage up to 30:1
- Drawdown rules are complicated
- No free trial
Who are Funded Trading Plus?
Funded Trading Plus is a prop firm that fund professional traders from $200,000 up to $2,500,000 with scaling and a profit share of 80-90%. They have no minimum or maximum time limits to reach achievable targets and you can receive payout in just 3 days.
The funded Trader Plus program has been designed for traders that have experience in the markets.
Funded Trading Plus encourages its traders to succeed in their careers. They enable them to earn more profits by trading up to $200,000 accounts before being eligible to scale their accounts further up to $2,500,000. You can choose from one assessment phase, two assessment phase challenges, or direct funding. Upon successful completion, you are rewarded with up to 90% profit splits on your earnings.
Traders have the opportunity to scale their account balance to the next level at 10% profit target, all the way to $2,500,000. We don’t impose time limits or charge monthly fees on this program, such rules are often designed to force traders to rush trades in order to pass as fast as possible, we think this is wrong.
Funded Trading Plus Website
Funded Trading Plus is a proprietary trading firm incorporated on the 2nd of November, 2021, and officially launched on the 16th of December, 2021. Their headquarters are located in London, UK. They allow their clients to work with an account with up to $200,000 capital, scaled up to $2,500,000. They have integrated their technology with an broker EightCap, an ASIC-regulated broker in Melbourne, Australia.
Their principal place of business is at 7 Bell Yard, London, England, WC2A 2JR.
Funding program options
Funded Trading Plus offers its trader three different programs to choose from:
- Experienced trader program
- The advanced trader program
- Master trader program
Experienced Trader Program
10% Profit Target
3% Daily Drawdown
NO STOP LOSS REQUIRED
HOLD OVERNIGHT AND WEEKEND
Completing the phase 1 assessment will gain you a real, live-funded trading account for you to place trades.
Profit Share and Withdrawals
The Funded Trading Plus operates with an 80/20 split, with 80% of profits going to you and 20% going to us. Once users have achieved 20% profit on their live funded trading account, all profits over this amount can be changed to a 90/10 split (90% going to you and 10% going to us) upon request. You can withdraw any profit you make on your live account over $50 once per week.
Do not breach our daily drawdown limit of 3% and the total drawdown limit of 6%.
Trading holding overnight and over the weekend, unlimited time to complete the assessment phase, any strategies including expert advisors.
The Advanced Trader Program
10% Profit Target
5% Daily Drawdown limit
5% Profit Target
5% Daily Drawdown limit
Completing the Assessment Phase 2 will gain you a real, live Funded Trading Account for you to place trades.
Do not breach our daily drawdown limit, do not breach our total drawdown limit, do not hold traders during weekends, you must have a stop lose for each new trade.
Master Trader Program
Profit share and withdrawals
They operate a 70/30 split, with 70% of profits going to you and 30% going to them. Also, you can withdraw any profit you make on your live account over $50 once per week.
Do not breach our total drawdown limit of 5%, and do not hold traders during weekends.
No time restriction – first scale up as soon as you like, this could be in just 1 day
You can use your profit to fund your next scale up
You can choose to withdraw your profit
Static drawdown always locked at scaled account size
Force traders to wait several months per each scale rules over a period of time, prevent traders from withdrawing any of their own profit before or after they scale, have a minimum number of trades required for scaling
What they do and allow
Allow traders to scale as often as once a day every day until $2,500,000, allow traders to scale without waiting months, and allow traders to scale as soon as they have the scaling profit target.
Scaling Plan for Experienced Trader Program
Scaling Plan for Advanced Trader Program
Scaling Plan for Master Trader Program
What makes Funded Trading Plus different from other prop firms?
Funded Trading Plus differs from most industry-leading prop firms due to offering three different funding programs: Experienced, Advanced, and Master. They also have almost no restrictions on your trading style, you can trade during news, hold trades overnight, and during the weekends except on advanced and master programs.
Compared to other prop firms, The Funded Trading Plus experienced trader program is an evaluation program where you are required to complete one phase before being eligible for payouts. The profit target for the experienced trader program is 10% with a 3% maximum daily loss and 6% maximum trailing drawdown rules. Compared to other industry-leading prop firms they have no minimum or maximum trading day requirements for the experienced trader program accounts allowing traders to progress at their own pace.
Funded Trading Plus advanced trader program on the other hand is a two-phase evaluation program that requires traders to complete two phases before being eligible for payouts. The profit target is 10%, in phase one and 5% in phase two with a 5%, maximum daily loss and 10%, maximum trailing drawdown rules. Compared to other industry-leading prop firms they have no minimum or maximum trading day requirements for the advanced trader program accounts allowing traders to progress at their own pace.
Compared to other prop firms, Funded Trading Plus also have master trader programs which are direct funding programs. These accounts have no maximum daily loss, only a 5%maximum trailing drawdown to follow. You also have no minimum or maximum trading day requirements. Another positive feature is that there are no profit targets required to be eligible for weekly payouts of 70% up to 90% profit splits, the only requirement is a profit of a minimum of $50.
In conclusion, Funded Trading Plus is different from other industry-leading prop firms by offering three different funding programs. In addition, they also offer traders straightforward rules which makes them a great choice for any trader, for example, you can trade during news, hold trades overnight, and during the weekends except on advanced and master programs.
Is getting Funded Trading Plus capital realistic?
It’s essential to see how realistic the trading requirements are when looking at prop firms that best suit your forex trading style. For example, a company offering a high-profit split on a highly funded account sounds great, but if they expect high gains per month with low maximum drawdowns, your chances of success become close to zero.
Receiving capital from the experienced trader program accounts is realistic mostly since they have an average profit target 10% with average maximum loss rules 3% maximum daily and 6% maximum trailing drawdown).
Receiving capital from the advanced trader program accounts is realistic mostly since they have average profit targets 10% in phase one and 5% in phase two with average maximum loss rules 5% maximum daily loss and 10% maximum trailing drawdown.
Receiving capital from the master trader programs is also realistic since they are direct funding programs where you can start earning from the start. You have no profit targets to reach while being able to request your withdrawal on a weekly basis.
After considering all of that, Funded Trading Plus is an excellent choice to get funded since you have three different funding programs you can choose from that have realistic trading objectives to follow and conditions to receive payouts.
Which broker does Funded Trading Plus use?
Funded Trading Plus has integrated its technology with a broker Eightcap, an ASIC-regulated broker in Melbourne, Australia. They were founded in 2009 with a simple, straightforward mission to provide exceptional financial services to its clients. They have five offices around the globe and regulations in multiple locations providing clients worldwide with the ability to trade on markets across FX, indices, commodities, and shares.
They offer two account types, one being Raw and the other Standard. The commissions and fees will depend on which of the two you choose. Fees for Standard accounts are built into a spread and for Raw accounts into a commission. Another fee you should always consider is the overnight fee, which is an interest for holding an open position overnight in trading.
Being a MetaTrader-only broker, their offers are MetaTrader 4 and the newer MetaTrader 5 platforms from MetaQuotes Software Corporation.
They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for you to trade on and have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards for doing so.
As for trading platforms, you can use:
- MetaTrader 4
- MetaTrader 5
Funded Trading Plus offers a large variety of trading instruments. You are allowed to trade forex pairs, commodities, indices, and cryptocurrencies.
Funded Trading Plus Trustpilot
On Trustpilot, they have a large variety of their community commenting and giving positive feedback with a great score of 4.9/5 out of 1,541 reviews.
Traders comment about Funded Trading Plus
Funded Trading Plus has excellent feedback from its community.
Funding Trading Plus has a FAQ page where you might find the missing information.
The support team is available on their social media, or you can directly contact them at their email email@example.com.
They also have active live chat support, where you can message them, and will get a reply. If they aren’t available, you will get an answer in 24 hours on your email.
You can contact Funding Trading Plus for further information through telephone number +44 333 090 9800.
You can also check out their Discord channel, where the support team and the community will help if you require any support or face technical issues.
In conclusion, Funding Trading Plus is a legitimate proprietary trading firm that offers traders a chance to choose between three different funding programs: Experienced, Advanced, and Master.
The experienced trader program is an evaluation program where you are required to complete one phase before being eligible for payouts. You are required to hit a profit target of 10% without surpassing the 3% maximum daily loss and 6% maximum trailing drawdown rules. With experienced trader programs, you can earn up to 90% profit splits while also being able to scale your accounts.
Advanced trader programs are an industry-standard two-phase evaluation challenge that requires the completion of two phases before becoming funded and being eligible to earn profit splits. Funded Trading Plus requires traders to reach profit targets of 10% in phase one and 5% in phase two before becoming funded which are realistic trading objectives considering you have a 5% maximum daily loss and 10% maximum trailing drawdown rules to follow. With advanced trader programs, you can earn up to 90% profit splits while also being able to scale your accounts.
Master trader programs are actually direct funding programs that allow you to skip the evaluation period and jump directly into trading a funded account and earning weekly profit splits. There are also no time limitations, lot size restrictions, or consistency rules to follow. With master trader programs, you can earn 70% up to 90% profit splits while also being able to scale your accounts.
I would recommend Funded Trading Plus to anyone who is looking for a prop firm with straightforward trading rules. They are a relatively new proprietary trading firm that offers excellent conditions with three different funding programs to choose from that target a big pool of individuals with unique trading styles. After considering everything Funded Trading Plus has to offer, they are for sure one of the industry-leading prop firms.
This review about Funded Trading Plus was lastly updated on 7/7/2023 at 17:00 (CE(S)T).