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: MT4, MT5, cTrader, TradingView, MatchTrader, DXtrade.
PROS & CONS
What I like:
What could be improved:
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:
Funded Trading Plus is a forex 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.
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:
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.
Then, 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.
Finally, we got to the brand new Prestige Program. This is a 2-step funding program that differentiates from the others for having a static drawdown and doesn’t require stop losses!
You can access three different account sizes: $25,000, $50,000, and $100,000. The prices start at $199 and go up to $499.
If you want cheaper prices (who doesn’t!) you can get a 10% discount if you use the coupon LFT10.
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:
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?
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.
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:
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:
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:
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:
This program is the newest one on the Funded Trading Plus selection and created a lot of hype. The main reason for that is the fact that it has a Static Drawdown.
Let’s check all the details:
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.
Unfortunately, Funded Trading Plus doesn’t offer a free trial.
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.
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 gives you access to the popular trading platforms used by Forex brokers.
You can use:
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.
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.
Here are all the payment types accepted by Funded Trading Plus:
Yes, Funded Trading Plus is a legit company.
Here are the contacts to reach them:
You can also contact them through the live chat on their website.
Here’s the list of the best Funded Trading Plus alternatives:
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