Funded Trading Plus
Funded Trading Plus is a UK-based proprietary trading firm founded in 2021, offering funded trading accounts from $5,000 to $200,000 with scaling up to $5 million. The firm provides one-phase, two-phase, and instant funding programs with profit splits up to 100%.
Pros & Cons Analysis
An unbiased evaluation of Funded Trading Plus's strengths and weaknesses to help you make an informed decision.
Generous Profit Split
Traders benefit from an 80% base profit split, which can increase to 90% or even 100% as performance improves.
High Max Funding
The firm offers up to $20,000,000 in funding, providing substantial capital for experienced traders.
Flexible Trading Conditions
Traders enjoy no minimum trading days, no consistency rules, and the ability to hold positions overnight and over weekends.
Diverse Platforms
Support for MetaTrader 4, MetaTrader 5, cTrader, DXTrade, MatchTrader, and TradingView accommodates traders' platform preferences.
Variety of Payout Options
Payouts can be received through bank transfer, cryptocurrency, PayPal, or Wise, providing flexibility and convenience.
Undefined Track Record
With no founding date or Trust Pilot rating, assessing the firm's reliability and reputation is challenging.
High Evaluation Fees
Evaluation fees range from $11,900 to $450,000, which can be a significant barrier for many traders.
Limited High-Frequency Trading
High-frequency trading is not allowed, which may deter traders who specialize in such strategies.
Prohibited Strategies
Certain strategies, including arbitrage and toxic grid trading, are prohibited, potentially limiting some trading styles.
Editorial Analysis
Funded Trading Plus offers a range of advantages that appeal to both novice and experienced traders. These benefits enhance trading potential and profitability.
With a maximum funding of $20,000,000, Funded Trading Plus provides ample opportunity for traders to scale their operations significantly as they prove their skills.
The firm's profit-sharing model is particularly attractive, starting at 80% and increasing up to 100% as traders achieve higher profit milestones, incentivizing performance.
The absence of minimum trading days, combined with the freedom to hold positions overnight and over weekends, allows traders to operate with remarkable flexibility.
Funded Trading Plus supports a diverse range of trading platforms, including MetaTrader, cTrader, and TradingView, catering to different trader needs and preferences.
Important Considerations
Despite its appealing features, Funded Trading Plus presents several drawbacks that traders should consider before engagement.
The firm's lack of a defined founding date and Trust Pilot rating raises questions about its historical reliability and customer satisfaction.
While offering flexibility in some areas, the firm restricts high-frequency trading and certain strategies, which may limit trader diversity and innovation.
The substantial evaluation fees pose a significant financial hurdle, potentially excluding traders with limited capital from participating in the program.
Although there are no formal consistency rules, the lack of transparency in firm history may concern traders seeking a stable trading environment.
Funded Trading Plus provides substantial funding and flexible conditions, but high fees and lack of transparency may deter some traders.
This firm is best suited for experienced traders who can leverage high funding and generous profit splits while navigating its costs.
Potential traders should weigh the firm's financial opportunities against the evaluation fees and lack of historical transparency before commitment.