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Funded Trading Plus: Reviews And In-Depth Analysis

Funded Trading Plus is a prop trading firm located in the UK.

In this article, you’ll get a review of this prop firm, including analysis and instructions to get funded with an account from Funded Trading Plus.

Here’s what you’re going to learn:

What Is Funded Trading Plus?

Funded Trading Plus is a prop firm located in London, UK. It was founded in 2021.

What Can You Trade With Funded Trading Plus?

Funded Trading Plus is a prop firm that funds traders to trade Forex and other CFDs trading assets.

Here’s a list of all of the instruments:

  • Forex: Major and minor currency pairs
  • Indices: All the majors, including Dax, Dow, Nasdaq, and SP500
  • Commodities: Oil
  • Metals: Gold and Silver
  • Cryptocurrencies

What Are The Funded Trading Plus Account Sizes?

Funded Trading Plus funds traders with account balances that go from $5,000 up to $200,000. These accounts can be scaled up to $2,500,000 as you keep having good results trading.

To get access to a funded account you need to choose between a 1-phase or 2-phase evaluation process. There’s also an instant funding program if you are interested.

The prices of the products are different according to the account size that you are applying to. The prices of the smaller funded account start at $119 and go up to $4500 for the bigger account.

What Is The Funded Trading Plus Leverage?

The leverage provided by the prop firm depends on the symbol that you are trading. Here’s the list of leverage by symbol:

  • Forex: 1:30
  • Indices: 1:20
  • Commodities: 1:30
  • Metals: 1:30
  • Crypto: 1:2

How Much Is The Funded Trading Plus Payout?

The profit split is 70% for the instant funding accounts and 80% for the other accounts. If you continue to trade with consistency, the profit split can be increased up to 90% and then up to 100%.

Funded Trading Plus Link

Funded Trading Plus Reviews

According to Trustpilot, Funded Trading Plus is classified as excellent. It’s scoring an amazing 4.9/5.0 after 1,455 reviews from users.

The Experienced Trader Program (one phase)

To pass the evaluation and get funded with a live account you need to pass one single phase. In this phase, you must achieve a minimum profit without exceeding a maximum daily drawdown and maximum drawdown.

Here are all the details:

  • Minimum days to trade: No minimum.
  • Challenge duration: No maximum, you can trade as long as you need.
  • Maximum relative drawdown: 6%
  • Maximum daily drawdown: 4%
  • Profit target: 10%

The Premium Trader Program (two phases)

This program has two phases to pass before you’re awarded a funded account. Here you also have to achieve a minimum profit without exceeding the daily and overall drawdowns.

Here are all the details:

Phase 1

  • Minimum days to trade: No minimum.
  • Challenge duration: No maximum, you can trade as long as you need.
  • Maximum relative drawdown: 8%
  • Maximum daily drawdown: 4%
  • Profit target: 8%

Phase 2

  • Minimum days to trade: No minimum.
  • Challenge duration: No maximum, you can trade as long as you need.
  • Maximum relative drawdown: 8%
  • Maximum daily drawdown: 4%
  • Profit target: 5%

The Advanced Trader Program (two phases)

This program has two phases to pass before you’re awarded a funded account. Here you also have to achieve a minimum profit without exceeding the daily and overall drawdowns.

Here are all the details:

Phase 1

  • Minimum days to trade: No minimum.
  • Challenge duration: No maximum, you can trade as long as you need.
  • Maximum relative drawdown: 10%
  • Maximum daily drawdown: 5%
  • Profit target: 10%

Phase 2

  • Minimum days to trade: No minimum.
  • Challenge duration: No maximum, you can trade as long as you need.
  • Maximum relative drawdown: 10%
  • Maximum daily drawdown: 5%
  • Profit target: 5%

The Master Trader Program (instant funding)

This program is the one that gives you access to instant funding. You just need to keep your account above a maximum drawdown to keep it.

Here are all the details:

  • Minimum days to trade: No minimum.
  • Challenge duration: No maximum, you can trade as long as you need.
  • Maximum relative drawdown: 6%
  • Maximum daily drawdown: 6%
  • Profit target: No targets, you can withdraw from the first day

Funded Trading Plus EAs (Expert Advisors)

If you like to use EAs to trade, Funded Trading Plus is a great prop firm for you. They allow EAs although some strategies that they consider abusive are forbidden, like arbitrage or grid trading.

Funded Trading Plus Link

Funded Trading Plus Free Trial

Unfortunately, Funded Trading Plus doesn’t offer a free trial.

Funded Trading Plus Free Repeat

Funded Trading Plus doesn’t provide free repeats, but does offer a reset at a discounted price if you eventually fail to pass a challenge.

Funded Trading Plus Platforms

Funded Trading Plus gives you access to the popular trading platforms used by Forex brokers.

You can use:

  • cTrader
  • TradingView
  • MatchTrader
  • DXtrade

Funded Trading Plus Trading Hours

Holding trades overnight is allowed on all programs. You can have your positions open for as long as you want according to your own trading style.

When it comes to holding trades over the weekend there’s a requirement to close Friday, by the end of the day.

Funded Trading Plus News Trading

I didn’t find any reference against news trading. You just need to be careful with the volatility, but if you’re like me, those are the best times of the day to trade. Just don’t exceed your maximum safe lot size and manage your trades properly.

Is Funded Trading Plus Legit?

Yes, Funded Trading Plus is a legit company.

Here are the contacts to reach them:

  • Email: info@fundedtradingplus.com
  • Address: FTP London Ltd, 7 Bell Yard, London, WC2A 2JR, United Kingdom
  • Phone: +44 333 090 9800

You can also contact them through the live chat on their website.

Funded Trading Plus Alternatives

Here’s the list of the best Funded Trading Plus alternatives:

For more alternatives check our alternative prop firm tool:

Get Alternatives To Any Prop Firm

Recap

  • Funded Trading Plus is a prop trading firm based in the UK.
  • You can get a funded account with up to $2,500,000 in balance and up to a 100% profit split payout.
  • To get access to a funded account you have to pass a one or two-phase challenge program. There’s also an instant funding program available.
  • You can trade Forex and other CFDs like Indices, Commodities, Metals, and Cryptocurrencies.
  • The popular cTrader, TradingView, MatchTrader, and DXtrade platforms are available to trade.

Learn More

Funded Trading Plus Link

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Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

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