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FTUK

FTUK is a proprietary trading firm founded in 2021, offering instant funding, one-step, and two-step evaluation programs with accounts from $5,000 to $100,000 and scaling up to $6.4 million.

CEO:
Nicholas Quinn
Country:
United States
Founded:
2021
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Firm Overview

FTUK Prop Firm Details

Broker & Platform

Broker:

Liquidity Provider

Platform:

TradeLockerMatch-TraderDXtrade

Trading Features:

News TradingScalpingExpert AdvisorsHigh FrequencyWeekend HoldingHedgingSwap Free
Funding & Payments

Funding Details:

Max Funding: $6,400,000Profit Split: 50%Accounts: $5,000 - $6,400,000Max Number of Accounts: 1Max Total Funding: $6.4M

Payment Methods:

Credit Card

Payout Methods:

Rise WorksUSDT TRC20Bank transfer

Instruments and Assets

Access to 50 futures contracts across multiple asset classes and exchanges, providing diverse trading opportunities.

CategorySymbolsDescription
Forex
EURUSDGBPUSDUSDJPYUSDCHFUSDCADAUDUSDNZDUSDEURGBPEURJPYGBPJPYAUDCADAUDCHFAUDJPYAUDNZDCADJPYCHFJPYEURAUDEURCADEURCHFEURNZDGBPAUDGBPCADGBPCHFGBPNZDNZDCADNZDCHFNZDJPY
Major and minor forex pairs available on all accounts
Indices
US30NAS100SPX500DAXFTSE100
Major global indices available
Commodities
USOILUKOIL
Oil and energy commodities
Metals
XAUUSDXAGUSD
Gold and Silver available
Cryptocurrency
BTCUSDETHUSDMultiple cryptocurrencies
Up to 20 different cryptocurrencies available

Consistency Rules

20-40% consistency scoreMinimum 3 trading daysUnlimited positions allowed
Consistency Rules Overview

FTUK, a leading proprietary trading firm, places significant emphasis on maintaining a balance between risk management and trading performance. Their consistency rules are designed to ensure that traders not only meet profit targets but also maintain a sustainable trading strategy.

Key Consistency Requirements

To align with FTUK's standards, traders must adhere to the following consistency requirements:

  • Achieve a consistency score between 20-40%.

  • Participate in a minimum of 3 trading days.

  • Maintain regular trading activity, ensuring ongoing engagement with the market.
Implementation Details

FTUK's consistency score is a metric that evaluates the uniformity of a trader's performance over time. By requiring a score between 20-40%, the firm encourages traders to avoid erratic trading behaviors and maintain a steady approach. This ensures that traders are not only chasing short-term gains but are also focused on long-term success.

Traders must engage in a minimum of 3 trading days, promoting a commitment to active market participation. This rule is in place to prevent traders from relying on short bursts of activity to meet targets, thereby fostering a more disciplined trading routine.

Impact and Benefits

Adhering to these consistency rules benefits traders by instilling a disciplined approach to trading, which is critical for long-term success. By maintaining a consistent trading strategy, traders can better manage their risk profiles and enhance their ability to meet FTUK's profit targets of 10% without breaching the daily or maximum drawdown limits.

Ultimately, these rules are designed to support traders in developing sustainable trading habits that lead to improved performance, greater profit-sharing opportunities, and scalability within FTUK's proprietary trading environment.

Firm Rules

Allows News TradingAllows ScalpingAllows Expert AdvisorsNo HedgingVPN Allowed with Verification

FTUK, a leading proprietary trading firm, provides traders with a broad array of opportunities while enforcing certain rules to ensure fair and efficient trading. Below is a detailed explanation of the firm's key trading rules and restrictions.

Key Trading Rules

  • Allows News Trading: Traders can engage in news trading on instant funding accounts, though evaluation accounts require an add-on.

  • Scalping and Expert Advisors: FTUK supports aggressive trading strategies, including scalping and the use of expert advisors.

  • Weekend and Overnight Holding: Traders can hold positions over the weekend and overnight, offering flexibility in strategy.

  • No Hedging: While traders enjoy various freedoms, hedging is not permitted.

  • Unlimited Simultaneous Positions: Traders can hold unlimited positions simultaneously, providing ample opportunity for portfolio diversification.
Trading Restrictions

FTUK maintains specific restrictions to ensure a level playing field:

  • VPN Usage: Allowed with verification to ensure the legitimacy of trading activities.

  • Consistency Rules: A consistency score between 20-40% is required, promoting disciplined trading.

  • Prohibited Strategies: Certain strategies, such as arbitrage, latency abuse, grid bots, tick scalping, and martingale with expert advisors, are not allowed.

  • Minimum Trading Activity: Traders must maintain regular trading activity to keep their accounts active.
Special Features and Platform Access

FTUK offers access to multiple trading platforms, including TradeLocker, Match-Trader, and DXtrade, ensuring that traders have the tools they need to succeed. Additionally, there are no symbol restrictions, allowing for a wide range of trading opportunities.

The firm supports the use of VPNs, provided traders undergo a verification process, ensuring both security and accessibility for international traders. However, traders from prohibited countries, including North Korea, Iran, Russia, and Vietnam, are not allowed to participate.

In summary, FTUK offers a flexible yet structured trading environment, encouraging a range of trading styles while maintaining fair play through its well-defined rules and restrictions.

Payout Policy

50% Profit SplitUp to 80% Profit SplitBi-weekly or On-demandMultiple Payout MethodsMinimum Payout $250Fast Processing

FTUK is renowned for its competitive and flexible payout policy, designed to provide traders with both short-term incentives and long-term rewards.

Payout Structure

FTUK offers a profit split starting at 50% for all traders, with the exciting opportunity to scale up to 80% as traders progress and achieve higher levels of performance. This structure not only motivates traders to excel but also aligns their interests with the firm's success.

- Starting Profit Split: 50%
- Scaled Profit Split: Up to 80%
- Minimum Payout: $250

Timing & Methods

FTUK provides flexibility in payout timing, offering both bi-weekly and on-demand options to suit the varying needs of traders. This ensures that traders can access their earnings when they need them, without unnecessary delays.

Payouts are processed swiftly, typically within 1-2 business days, using a variety of methods to accommodate different preferences:

- Rise Works
- USDT TRC20
- Bank Transfer

Requirements & Benefits

To qualify for a payout, traders must meet a minimum trading duration of three days. Additionally, the first payout is subject to a 14-day delay from the first trade, which helps the firm verify trading results and ensure compliance with its policies.

Key benefits include:

- Flexible payout schedule to cater to individual trader needs
- Multiple payout methods to offer convenience and accessibility
- Fast processing times to ensure timely access to funds
- A clear path to increased profit sharing as traders scale their performance

FTUK does not currently offer a payout guarantee, emphasizing the importance of maintaining consistent trading success. This policy encourages traders to focus on developing sustainable and profitable trading strategies, ultimately leading to better outcomes for both the traders and the firm.

Overall, FTUK’s payout policy is designed to be trader-friendly, providing ample opportunities for growth and financial reward while maintaining a clear and structured approach to payouts.

Restricted Countries

Restricted Countries:

North KoreaIranRussiaVietnam

This firm maintains geographic restrictions in accordance with regulatory requirements and licensing limitations. These restrictions are in place to ensure compliance with local financial regulations and international trading laws.

The firm currently restricts access from 4 countries and regions. These restrictions may change based on evolving regulatory requirements and the firm's licensing expansion. Traders from restricted countries are advised to check with the firm directly for any updates to geographic availability.