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Funded Trading Plus: Reviews And In-Depth Analysis

Funded Trading Plus

Rating: 4.9

REVIEW SUMMARY

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

FEATURES

Instruments: Forex, Indices, Metals, Commodities, Crypto.

Max balance: $2,500,000

Profit split: up to 100%

Cost: from $119

Platforms: cTrader, TradingView, MatchTrader, DXtrade

PROS & CONS

What I like:

  • No time limit to pass the challenges. You can be as quick as possible or take the time that you need.
  • Good selection of programs, from instant funding to 1-step or 2-step challenges.
  • On the instant funding program you can withdraw from the first day.
  • You can get up to a 100% profit split which is rare in this industry.
  • You get paid in as little as 1 day.

What could be improved:

  • It lacks a free trial to test the platforms.
  • You can't hold trades over the weekend on the instant funding account.
  • The leverage is not big, but still enough for day trading or even scalping with a proper risk management.

Funded Trading Plus is a prop trading firm located in the UK. It has one of the most trusted programs in the industry with accounts that can be scaled up to $2,500,000.

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 and is an extension of Trade Room Plus which started in 2013 and was a UK live trade room.

This firm aims to support successful traders who only have a limited amount of capital, giving them access to decent account sizes to trade. By doing this, they are removing inequality between traders, and giving everyone the opportunity to prove themselves and generate a good amount of return.

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, and metals like Gold, Silver, and Platinum.
  • Cryptocurrencies: Here the list is simply huge. You can trade the popular BTC, ETH, LTC, DOGE, and ADA. If you want more, you get what you want, just check the list below:

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.

The Experienced program has a 1-phase evaluation and initial account balances between $12,500 and 200,000.

The Premium program requires you to pass a two-phase evaluation and has initial account balances between $25,000 and $200,000.

The Advanced program is similar to the premium. It’s a two-phase evaluation and the initial account sizes are the same. The only differences are in the characteristics of the evaluation itself, but more on this later.

Finally, if you are in a hurry to get funded, FT+ has the Master program for you. This is an instant-funded program that can give you access to initial account balances between $5,000 and $100,000.

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.

If you want cheaper prices (who doesn’t!) you can get a 10% discount if you use the coupon LFT10.

What Is The Funded Trading Plus Leverage?

The leverage provided by the prop firm depends on the symbol that you are trading. It goes up to 1:30 but it can be smaller in some cases.

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 starts at 80% for all accounts, and this includes the instant funded account, which is very rare. On other firms, this type of account usually only gives you about a 50% profit split, so this is a big win for Funded Trading Plus.

If you continue to trade consistently, the profit split can be increased up to 90% once you make 20% profit on your account, and then up to 100% once you reach 30%. You get all the profits for yourself! How cool is that?

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

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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 on all programs 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.

Coupon / Promo Code / Discount

FT+ gave me a special code just for my readers, and this includes you. When you use it, you get at least 10% off on your purchase. Use the link below to get it, and then apply the coupon code LFT10 during the checkout.

Funded Trading Plus Discount Link

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.

Regarding the weekend, you are free to hold your trades open. The only exception is the Instant Funding program which requires you to close your trades on Friday by the end of the day. This is actually done automatically (if you don’t do it yourself) and doesn’t constitute a hard breach.

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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