Funded Trading Plus

FTP caters to traders of all levels with its one-phase, two-phase, and instant funding options. Account sizes range from $5,000 to $200,000, and scaling opportunities allow accounts to grow up to $5 million. The firm supports a variety of trading platforms, providing versatility for different strategies.

Challenges and Fees

FTP offers four main program types:

• One-Phase Challenge: Ideal for traders confident in meeting profit targets without additional verification steps.
• Two-Phase Evaluation: A structured two-step assessment with lower profit targets in the second phase.
• Two-Phase Static Drawdown (Prestige Program): Combines two-phase evaluation with a static drawdown for consistent risk management.
• Instant Funding (Master Trader Program): Skip evaluations and start trading immediately with real capital.

Key details for each challenge:

• Profit Targets: Range from 8% to 10% for evaluation programs.
• Drawdown Limits: Daily losses capped at 4%-6%, with total losses at 6%-10%.
• Challenge Fees: Start from $119 for one-phase accounts and $225 for instant funding.

Trading rules are flexible, with no minimum trading days, no consistency requirements, and no stop-loss mandates. This approach allows traders to adapt strategies without restrictive conditions.

Funded Accounts and Payouts

Once funded, prop traders receive a profit split starting at 80%, which can scale to 90% or 100% depending on performance. Payments are processed weekly with a minimum profit threshold of $50.

FTP’s scaling plan is a standout feature, enabling traders to increase account balances by 10% increments after hitting profit targets. Accounts can grow up to $5 million without restrictive timelines, providing ample room for long-term growth.

Payment methods include bank transfers and cryptocurrency, offering convenience and quick access to earnings.

Trading Platforms and Markets

FTP supports five trading platforms: Match-Trader, DXTrade, MT4 (Platform 4), MT5 (Platform 5), and cTrader.

• MT4 and MT5: Excellent for forex traders, with advanced charting tools and support for automated trading.
• Match-Trader: Integrates seamlessly with TradingView for advanced analysis.
• DXTrade: A lightweight option but with connectivity issues during testing.
• cTrader: Offers detailed market depth but incurs a $25 usage fee.

FTP provides access to 53 financial markets, including:

• Forex: 37 pairs with up to 30:1 leverage.
• Commodities: Gold, silver, and crude oil with 10:1 leverage.
• Indices: Major global indices with up to 20:1 leverage.
• Cryptocurrencies: Bitcoin, Ethereum, and others with 2:1 leverage.

While the selection covers major asset classes, the limited range of instruments might not suit traders seeking more diversity.

Trust and Support

FTP is an independent firm with no broker affiliation, which may concern some traders. However, it maintains a strong community presence and positive user feedback.

• TrustPilot Rating: 4.7/5 based on over 2,000 reviews, highlighting fast payouts and supportive customer service.
• Community Engagement: Active Discord with 40,000 members fosters collaboration among traders.
• Customer Support: Available 24/7 via live chat and email, though the chatbot experience is limited.

Educational resources are basic, focusing on platform tutorials and strategy tips. While helpful for experienced traders, beginners might need additional resources.

Final Verdict

Funded Trading Plus offers flexibility with instant funding, clear evaluation programs, and scalable accounts up to $5 million. Its competitive profit splits and customizable payouts make it appealing to traders looking for simplicity and growth potential.