REVIEW SUMMARY
FTUK is a Forex prop firm, located in USA. It was founded in 2021.
FEATURES
Instruments: Forex, Indices, Commodities, Crypto.
Max balance: $6,400,000
Profit split: up to 80%
Cost: from $99
Platforms: MT5, MatchTrader, DXtrade.
PROS & CONS
What I like:
- You can get up to 1:100 leverage to trade your funded account.
- Your accounts can scale up to $6.4 Million. That's an enormous amount of money to trade.
- No minimum or maximum trading days to achieve your targets.
- Instant funding, 1-step, and 2-step challenges available.
What could be improved:
- The profit split is only up to 80%.
- There's no free trial of the platform.
FTUK 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 FTUK.
Here’s what you’re going to learn:
- What Is FTUK
- What Can You Trade With FTUK?
- What Are The FTUK Account Sizes?
- What Is The FTUK Leverage?
- How Much Is The FTUK Payout?
- FTUK Reviews
- FTUK Two-Step Program
- FTUK One-Step Program
- FTUK Instant Funding Program
- FTUK EAs (Expert Advisors)
- FTUK Free Trial
- FTUK Free Repeat
- FTUK Platforms
- FTUK Trading Hours
- FTUK News Trading
- FTUK Payment Types
- Is FTUK Legit?
- FTUK Alternatives
- Recap
- Learn More
What Is FTUK?
FTUK is a prop firm located in Texas, US. It was founded in 2021 so it already has some experience with funding traders.
What Can You Trade With FTUK?
FTUK 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
- Commodities
- Cryptocurrencies
What Are The FTUK Account Sizes?
FTUK funds traders with account balances that go from $10,000 up to $100,000. These accounts can be scaled up to $6,400,000 as you keep having good results trading.
Depending on the product that you choose, you may get instant funding or need to pass a 1-phase or 2-phase evaluation process.
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 $99 (two-step account) and go up to $1,499 (instant funding) for the bigger account.
What Is The FTUK Leverage?
The leverage provided by the prop firm depends on the instrument category that you are trading. Here’s the list of leverage by category:
- Forex pairs: 1:10, up to 1:100
- Commodities: 1:10, up to 1:100
- Indices: 1:5
- Cryptocurrencies: 1:2
How Much Is The FTUK Payout?
The profit split is 80% from day one for the two-step program.
For the instant funding and one-step programs, the profit share starts at 50% and gradually increases up to 80%.
There are other prop firms with higher payouts, but we can say that this is pretty much the industry standard. The program with instant funding gives you the same 80% profit split as the steps programs, which is not common and a positive thing.
FTUK Reviews
According to Trustpilot, FTUK is classified as excellent. It’s scoring 4.6/5.0 after 150 reviews from users.
FTUK Two-Step Program
The Two-Step program was made for traders who want to get funded at an affordable cost. If you have time to get to your funded account, this is the cheapest option.
This program has a profit target that can be achieved without any minimum or maximum trading days. You just need to avoid exceeding a maximum drawdown and a daily drawdown on both phases.
Note that the profit target decreases in the 2nd phase of the challenge.
Here are all the details:
- Minimum days to trade: No minimum, trade for a single day and you’re done if you can achieve the target.
- Challenge duration: No maximum, you can trade as long as you need to reach the target.
- Maximum drawdown (static): 10%
- Maximum daily drawdown (balance based): 5%
- Profit target: 10% for phase 1 and 5% for phase 2.
FTUK One-Step Program
The One Step program was made for traders who want to get funded at a good cost without waiting as much time as needed in the 2-step program.
This product has a profit target to achieve. There are no minimum or maximum trading days. You just need to avoid exceeding a maximum drawdown and a daily drawdown.
Here are all the details:
- Minimum days to trade: No minimum, trade for a single day and you’re done if you can achieve the target.
- Challenge duration: No maximum, you can trade as long as you need to reach the target.
- Maximum drawdown (relative): 8%
- Maximum daily drawdown (balance based): 4%
- Profit target: 10%
FTUK Instant Funding Program
The Instant Funding program was made for traders who want to get funded immediately.
This product has a profit target to achieve. There are no minimum or maximum trading days. You just need to avoid exceeding a maximum static drawdown.
Here are all the details:
- Minimum days to trade: No minimum.
- Challenge duration: No maximum, you can trade as long as you need to reach the target.
- Maximum drawdown (static): 6%
- Profit target (to scale): 10%
FTUK EAs (Expert Advisors)
If you like to use EAs to trade, FTUK is a great prop firm for you. They allow EAs although some types of strategies are banned.
These include arbitrage trading, martingale, or EAs that trade tick scalping, HFT (high-frequency trading), or grid trading.
FTUK Free Trial
Unfortunately, FTUK doesn’t offer free trials at the moment.
FTUK Free Repeat
FTUK doesn’t provide free repeats.
If you violate any rule, you need to pay the activation fee again to restart your challenge or get your instant funding account back.
FTUK Platforms
FTUK gives you access to a popular trading platform used by Forex brokers and propfirms.
You can use:
- MatchTrader
- DXtrade
- MetaTrader 5
FTUK 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.
The same applies to holding trades over the weekend. Just be careful with daily and weekend gaps.
FTUK News Trading
There are no restrictions on 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.
FTUK Payment Types
Here are all the payment types accepted by FTUK:
- Wire
- PayPal
- Payoneer
- Revolut
- Wise
- Deel Card
- Coinbase
Is FTUK Legit?
Yes, FTUK is a legitimate company.
Here are the contacts to reach them:
- Email: support@ftuk.com
- Address 1: 3017 Boiling Way NE Atlanta, GA 30305, USA
- Address 2: 6220 Westpark Dr., Suite 149 C 1028, Houston, TX 77057, USA
You can also contact them through the live chat on their website.
FTUK Alternatives
Here’s the list of the best FTUK alternatives:
For more alternatives check our alternative prop firm tool:
Get Alternatives To Any Prop Firm
Recap
- FTUK is a prop trading firm based in the US.
- You can get a funded account with up to $5,760,000 in balance and an 80% profit split payout.
- To get access to a funded account you have two options: instant funding programs or a one-phase challenge program.
- You can trade Forex and other CFDs like Indices, Commodities, and Cryptocurrencies.
- The popular MT5, MatchTrader, and DXtrade platforms are available to trade.
Learn More
- PropScan – challenge filter and selector
- What is prop trading
- List of the best prop trading firms
- Compare any prop firm
- The best Forex prop firms