Funded Trading Plus Review for 2024
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Last Updated: January 5, 2023
Funded Trading Plus Review
Cost:
From $119
Discount Code:
OPT10 - Save 10% on Evaluations
Instruments:
Forex, Crypto, Commodities, CFDs
Types of Funding:
Zero Day One Step, Two Step, Instant Funding Options
Days to Funding:
No minimum, no maximum
Leverage:
1:30
Platforms:
MT4, MT5 on Eightcap
Highlights:
Great value and multiple trader evaluations to get paid as fast as 3 days from signing up for Evaluation
Funded Trading Plus Overview
Funded Trading plus - a new prop firm out of London, UK bringing multiple new twists to traditional Forex trader evaluation models. There are three different ways to get funded, and multiple additional perks for a very competitive, refundable price. Get paid in as few as 3 days after starting evaluation. Let’s break down all the available formats and explain how they are unique to the funded trader industry.
Trade Room Plus's extension is Funded Trading Plus. Trade Room Plus was established in 2013. It is the UK's most popular live trade room for retail traders. They are the only trading school that trades live. Their training has helped many retail traders become profitable and turn trading into a full-time profession.
Retail traders often face the problem of only having a small amount of money to trade with. Although they may understand money management principles, they are limited in their ability to generate small amounts of income. They may be skilled traders but won't have the money to prove their worth. This was the goal for Funded Trading Plus.
We have been closely following Funded Trading Plus prop firm's online reputation as well as testing their programs for the whole 2022, and they have not disappointed. Our co-founder was actually one of their first customers and one of the first person to get paid out by this prop firm. Needless to say, if there was something shady with this program, we would know.
Funded Trading Plus Discount Code
Special FTPlus Launch Offer
We have partnered with Funded Trading Plus to bring you a 10% discount
FT+ 12.5K Single Phase
Best Starter Program
Duration: 0 Day Minimum
No Time Limit
Profit Target: 10%
Overall Drawdown: 6%
Pass in 1 Trade or 5 Months
1:30 Leverage
Get Paid in as few as 3 days
Fast account scaling
$107
after applying OPT10 10% OFF code
100K Single Phase
Best Overall Value
Duration: 0 Day Minimum
No Time Limit
Profit Target: 10%
Overall Drawdown: 6%
Pass in 1 Trade or 5 Months
1:30 Leverage
Get Paid in as few as 3 days
Fast account scaling
$449
after applying OPT10 10% OFF code
50K Two Phase Evaluations
Most Popular 2 Phase
Duration: 0 Day Minimum
No Time Limit
Phase 1 Profit Target: 10%
Phase 2 Profit Target: 5%
Overall Drawdown: 10%
Daily Drawdown: 5%
1:30 Leverage
Fast account scaling
$314
after applying OPT10 10% OFF code
Funded Trader Plus Advantages
Funded Trading Plus was created to challenge the status quo in Prop trading. We weren't just looking to sell more but to provide the best programs. These are just a few of the reasons why we're different. Real funds in your live account do not demo. Real market profits generate traders' profits.
Our founders are traders themselves and have been trading since 2013. Only trading company offers 250+ crypto markets in addition to the traditional forex, index, and commodity markets.
Our programs were based on research and surveys about what traders want and value. So we didn't just want to create another series of programs.
We want high-quality traders. We are not like the major players in the industry. We don't make winners out of losers. Instead, we fund real accounts with real money to allow traders to trade the real market. Funded Trading Plus provides world-class support so that you can focus on trading. Let us know how you can help.
Funded Trading Plus offers a range of programs that can be tailored to different traders. We also design our programs, so traders are less likely to break a rule. This is because, unlike many competitors, we want traders to succeed long-term and work with us.
Funded trading plus
- Invest real money into your trading
- Use simple, fair rules
- Professional traders can design programs
- Allow you to scale up to $2,500,000
- Profits can be withdrawn weekly
- Trusted by real traders
Experienced Trader - Zero Day Single Phase Evaluation Model
| Evaluation Type | Single Phase | Single Phase | Single Phase | Single Phase | Single Phase |
|---|---|---|---|---|---|
| Profit Split | 80/20 (up to 90/10) | 80/20 (up to 90/10) | 80/20 (up to 90/10) | 80/20 (up to 90/10) | 80/20 (up to 90/10) |
| Profit Target | 10% | 10% | 10% | 10% | 10% |
| Min. Trading Days | None | None | None | None | None |
| Maximum Leverage | Up to 1:30 | Up to 1:30 | Up to 1:30 | Up to 1:30 | Up to 1:30 |
| Platforms | MT4, MT5, or TradingView | MT4, MT5, or TradingView | MT4, MT5, or TradingView | MT4, MT5, or TradingView | MT4, MT5, or TradingView |
| Relative Drawdown | 6% | 6% | 6% | 6% | 6% |
| Daily Drawdown | 3% | 3% | 3% | 3% | 3% |
| Account Size (USD) | $12,500 | $25,000 | $50,000 | $100,000 | $200,000 |
| Refundable Fee | $119 | $199 | $349 | $499 | $999 |
The professional trader program was designed for traders with market experience. The evaluation is only one phase, so you will only need to do one phase to access funding. The program was designed to be suitable for low-risk traders, making them more likely to succeed.
Traders can increase their account balance to the next level with a 10% profit target and up to $2,000,000,000. This program doesn't have time limits and does not charge monthly fees. These rules often force traders into rush trades to get through the program as quickly as possible. This doesn't seem right.
Phase 1 - Assessment
- 10% profit target
- 6% Drawdown
- Daily Drawdown - 3%
- No Stop Loss Required
- Hold Overnight & Weekend
Phase 2 - Live account
You will be able to trade with a live trading account after you have completed the phase 1 assessment.
Withdrawals & Profit Share
The 80/20 split is where 80% of your profits go to you, and 20% goes to Funded Trading Plus. After users have made a 20% profit from their live-funded trading accounts, they can request a 90/10 split (90% going to them and 10% to us). You can also withdraw any profits you make on your live trading account above $50 once per week.
Hard & Soft Rules
Hard Rules - They will lead to failure
- Don't exceed our daily drawdown limit at 3%
- Don't exceed our maximum drawdown limit of 6 %
Daily Drawdown
Daily Drawdown is 3% from the account's original size and remains at 3%.
Relative trailing drawdown
The Drawdown is calculated by trailing 6% of the original balance to the high water mark. The account balance is used to calculate the high water mark. The Drawdown ceases to trail once it reaches the initial balance.
Live Account Drawdown
After you have achieved a closed positive trading balance at 6%, your Drawdown stops, and your total account size becomes the lowest drawdown point. For example, a $100,000 account will allow you to draw down 6% if you reach $106,000. Your account cannot go below $100,000 after $106,000 has been achieved. You should ensure that you have enough money to cover any potential drawdowns you may experience when you take your profits. Your account must not fall below the amount you have been allocated (in this case, $100,000).
What's Allowed
Funded Trading Plus prop firm is transparent, trustworthy, and simple. They like to offer our traders as much flexibility and transparency as possible. What's allowed:
- Trades are held overnight and on the weekend.
- You have unlimited time to complete the assessment phase.
- All strategies, including Expert Advisors, provided they don't use arbitraging methods.
Platforms
During the assessment, all accounts are operated on MT4 and MT5 as well as on real accounts. 8cap is our preferred broker. 8Cap has the best spreads across the largest range of markets. In addition, 8Cap has all the major global regulatory licenses. Funded Trading Plus folks are confident they will pay the traders and have sufficient capital.
Scaling Plan - Real Account Multiplier
The Scaling plan allows you to trade up to $2,500,000 in real-funded trading accounts and withdraw any profit you have made. After a 10% profit target is met, users can contact Funded Trading Plus customer service for the conversion of their accounts to the next level. Scaling your account is possible without any time limit.
Advanced Trader - 2 Phase - 0 Day Evaluation
| Evaluation Type | Two Phase | Two Phase | Two Phase |
|---|---|---|---|
| Profit Split | 80/20 (up to 90/10) | 80/20 (up to 90/10) | 80/20 (up to 90/10) |
| Phase 1 Target | 10% | 10% | 10% |
| Phase 2 Target | 5% | 5% | None |
| Min. Trading Days | None | None | None |
| Maximum Leverage | Up to 1:30 | Up to 1:30 | Up to 1:30 |
| Platforms | MT4, MT5, or TradingView | MT4, MT5, or TradingView | MT4, MT5, or TradingView |
| Relative Drawdown | 10% | 10% | 10% |
| Daily Drawdown | 5% | 5% | 5% |
| Account Size (USD) | $25,000 | $50,000 | $100,000 |
| Refundable Fee | $199 | $349 | $499 |
The main advantage of Funded Trading Plus Advanced Trader program is that traders have access to a higher max drawdown. Two evaluation stages are required for traders who wish to take advantage of the flexibility offered by these programs. Two stages help Funded Trading Plus to manage their risk and provide capital for advanced traders. This program allows traders to follow the same rules as the Experienced Trader Program. Advanced traders, like the Experienced Trader Program, can choose to increase their profits and scale up their accounts.
Phase 1 - Assessment #1
- 10% profit target
- 10% Drawdown
- Limit of 5% Daily Drawdown
Phase 2 - Assessment #2
- Target Profit of 5%
- 10% Drawdown
- Limit of 5% Daily Drawdown
Phase 2 - Real Account
- You will receive a live Funded Trading account for placing trades after you have completed Assessment Phase 2.
Profit Share and Withdrawals
The 80/20 split is where 80% of your profits go to you and 20% to us. After users make a 20% profit on their live-funded trading accounts, profits above this amount will be converted to a 90/10 split. 90% of the profits go to you and 10% to us. A circuit breaker is activated when the trader earns 20%. This allows the prop firm to automatically increase the profit share available for withdrawal from 80% to 90 percent.
Any profit made on your live account above $50 can be withdrawn once per week.
Both hard and soft rules
Funded Trading Plus has both hard and soft rules to protect Funded Trading Plus prop firm's capital and the profits made by their active traders. These rules will lead to failure.
- The daily drawdown limit is not exceeded
- The maximum drawdown limit is not exceeded
Soft Rules: They will not cause a failure. It will only close the breaching trade.
- Weekend trades are not permitted. All trades will automatically close by Friday at 16:30 EST.
- Each trade must include a Stop Loss. The trade will be automatically closed if you do not have a Stop Loss.
Daily Drawdown
Daily drawdown is 5% from the original account amount ($5000) and continues at $5000.
Relative trailing drawdown
Relative drawdown is a trailing 10% of the original balance after the high water mark. The account balance is used to calculate the high water mark. The drawdown ceases to trail once it reaches the initial balance.
Live Account Drawdown
Once you reach 10% profit on a live account, the drawdown stops, and your total account size becomes the lowest drawdown point. For example, if you have a $100,000 account and reach $111,000, you will now be allowed an 11% total drawdown. Your account cannot go below $100,000 after $110,000 has been achieved. You should ensure you have enough money to cover any potential drawdowns when you withdraw your profits. Your account must not fall below the amount you have allocated (in this case, $100,000).
Scaling plan
The new Scaling plan allows you to trade up to $2,500,000 in real-money trading accounts while allowing you to withdraw any profit you have made. After achieving a 20% profit target at the current level, users may contact Funded Trading Plus to upgrade their accounts to the next level. Scaling your account is possible without any time limit.
How do I scale?
After you have reached the scaling profit target, you can request support from Funded Trading Plus to scale up with your profit intact and withdrawable.
Here's a sample:
Now you have a $100,000 account. You hit the 20% profit target to scale. Now you have an account worth $120,000 and are ready to scale. These are the steps to scale your account:
- You must ensure that there are no active trades in your account and that your profit target amount is met. In this example, $120,000 would be required.
- Request scaling up of your account by opening a support ticket
- Funded Trading Plus will temporarily block your account access and increase your funds. They would raise the account to $220,000, from $120,000 in this example.
- It can take up to 48 hours for this process to be completed once support has started.
Master Trader - Instant Funding (No Evaluation)
| Evaluation Type | Instant Funded (No Evaluation) | Instant Funded (No Evaluation) | Instant Funded (No Evaluation) | Instant Funded (No Evaluation) | Instant Funded (No Evaluation) |
|---|---|---|---|---|---|
| Profit Split | 70/30 (up to 90/10) | 70/30 (up to 90/10) | 70/30 (up to 90/10) | 70/30 (up to 90/10) | 70/30 (up to 90/10) |
| Min. Trading Days | None | None | None | None | None |
| Maximum Leverage | Up to 1:30 | Up to 1:30 | Up to 1:30 | Up to 1:30 | Up to 1:30 |
| Platform | MT4, MT5, or TradingView | MT4, MT5, or TradingView | MT4, MT5, or TradingView | MT4, MT5, or TradingView | MT4, MT5, or TradingView |
| Relative Drawdown | 5% of starting balance | 5% of starting balance | 5% of starting balance | 5% of starting balance | 5% of starting balance |
| Account Size (USD) | $5,000 | $10,000 | $25,000 | $50,000 | $100,000 |
| Drawdown Figures | -$250 / $4750 | -$500 / $9500 | -$1250 / $23750 | -$2500 / $47500 | -$5000 / $95000 |
| One Time Fee | $225.00 | $450.00 | $1,125.00 | $2,250.00 | $4,500.00 |
Master Trader Program provides instant funding and does not require an evaluation phase. Anyone can start earning with this program and receive a funded account right away. There is a 5% trailing drawdown as well as a 5% profit goal. The trailing drawdown will be removed once the profit target has been met. This is an excellent opportunity for traders who have achieved success and want to rapidly build their trading capital. Funded Trading Plus is one of the few prop firms that is offering a solid instant funding program at a decent price.
Withdrawals & Profit Share
With a 70/30 split 70% will go to you, 30% will go to Funded Trading Plus.
Any profit made on your live account above $50 can be withdrawn once per week.
Hard & Soft Rules
Hard Rules: These will lead to a failure
- Our maximum drawdown limit is 5%.
Soft Rules: These will not lead to a failure
- Weekend trades are not permitted. All trades are automatically close by Friday at 21:30 GMT (6:00 EST Friday).
Circuit Breaker - Profit Increase
A circuit breaker is activated when a trader earns 20% on an account. This allows us to automatically increase the profit share that is available for withdrawal from 70% to 80%.
Drawdown
Drawdown for Funded Trading Plus instant funding program (Master Trader Program) works the same way as it does for Experienced and Advanced trader programs. Please refer to them above for reference.
Product Selection In Funder Trading Plus
Very Diverse Product Offering.
Forex Majors - EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDJPY, USDCHF, EURCHF, EURGBP, EURJPY, GBPJPY, GBPCHF.
Forex Exotics - 50 additional currency pairs.
Major Indexes - Major world indexes are available - including VIX and dollar Index
Commodities and Metals - Gold, Silver, Platinum, Brent and WTI Crude Oil
Crypto - Popular coins with great spreads as well as hundreds of additional coins and coin crosses.
Please be mindful that due to recent crypto volatility events, slippage can occur. Do not trade with your stops or positions too close to max Daily or Overall loss as you could violate account drawdown due to slippage.
Funded Trading Plus Dashboard & Experience
Had very positive experience. Asked a few question in chat with near instant response time. Signed up for the program and had account logins and access to the dashboard in minutes.
Trader Dashboard
All the trade data is available in near-real-time in the dashboard with all the relevant evaluation figures
Traders can view drawdown amounts for both daily and overall. See where they are in regards to profit target, and view some trade data. Dashboard will also view Rules Breaches, which hopefully you never see updated to yes.
Trade Review
Trade log is kept in Trader History tab with all the relevant entry, exit, time and risk management parameters listed.
Chart picturing profit and drawdown figures is also available.
Account Activity and Rules
Account Notification tab will keep trader apprised of all the significant account events. Rules breaches, reaching profit targets, scaling up, taking withdrawals.
If traders are not entirely certain about some of the rules of the program, there are clearly defined conditions of the evaluation listed under the Rules tab in the dashboard.
Real Brokerage Execution for Live Accounts
Traders in funded accounts are executed in Live accounts and traders receive broker statements at the end of each day.
Instant Funding with up to 90% Profit Split
Traders can start an instant funding account with Funded Trading Plus for just $225. The largest available account offers $5,000 drawdown to start and fast scaling options and profit split growing all the way up to 90%
Instant funding accounts offer fast scaling opportunities at the 10% profit mark all the way up to $2,500,000 account.
How Does Funded Trading Plus Offer Such Value
To be able to offer such lost cost evaluation options with very quick payout options, Funded Trading Plus uses Trailing Top Of Equity Drawdown ( see our
Drawdown Explainer piece for differences in drawdown types)
Funded Trading Plus Social Presence
Funded Trading Plus Trustpilot Reviews
Funded Trader Plus reviews on Trustpilot are nothing short of spectacular. The prop company boasts a 4.9/5.0 star reviews with 627 reviewers sharing their experience and opinion with the firm. What stands out quite a lot is the mere 1% of negative reviews out of all of the reviews that were left by Trustpilot visitors. We all know that a lot of times traders go to vent on these review sites and share only bad experiences.
We initially wrote this review in June, and since then there was an influx of positive reviews for FTP. To be exact, the reviews count almost tripled and improved overall. This is quality work on the prop firm's service and reputation upkeep.
Funded Trading Plus on Instagram
Funded Trading Plus Instagram account has grown from 79 followers in June of 2022, to over 2,400 follower at the end of October of 2022. The prop firm started posting on their social media, and the results speak for themselves. Since June the company's Instagram account has posted 31 times.
Funded Trading Plus on Facebook
Seems like Funded Trading Plus is quite a bit more active on Facebook than they are on Instagram. The company has been posting fairly actively during the beginning of 2022 but has slowed down significantly in after April. However, they picked up the pace afterwards and have more than 70X their Facebook account growth in a matter of 4 months.
Current following is at 7,400 people with 7,300 page likes posted. Funded Trading Plus Facebook accounts consists of quite a few Trustpilot review quotes featured over images as well as their latest posts on the website.
There is also an email "info@fundedtradingplus.com" features on the pages as well as the UK address: 7 Bell Yard WC2A 2JR London, UK.
Funded Trading Plus YouTube Channel
Currently (end of October 2022), Funded Trading Plus YouTube channel has over 2,930 subscribers and a total of 103,265 views. Their YouTube channel was started on December 16, 2021 and has grown fairly nicely since. There are 30 videos posted at the moment for a combined number of 3 playlists.
Funded Trading Plus Discord
Funded Trading Plus Discord channel is fairly popular as well. With 7,663 members at the time of this writing it has a decent Discord audience. As you can see from the screenshot that we took, 868 of those members were currently online.
Funded Trading Plus Summary
Trader evaluations for all , especially those who like minimum rules and fastest speed to being funded and getting paid. Traders who require more time will be able to take as long as they need to get evaluated for funding. Traders looking to forego evaluation and get straight to live funded environment can join the Instant Funding programs.
We have had a good experience from account creation, to customer service to getting paid out. After going through online reviews and checking Funded Trading Plus social media accounts, we can be fairly certain that at the time of this writing, Funded Trading Plus prop firm has been doing a good job in the industry with minimal negative feedback even from disgruntled traders. That alone says a lot.
Frequently Asked Questions about Funded Trading Plus Program:
See more of The Best Funded Trader Programs for 2023
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