FTUK
FTUK offers instant funding programs for traders with focus on futures and forex trading. They provide 60-minute payouts and support for news trading strategies.
Verification pending
Fees and rules can change. Check the firm’s official terms before purchasing.
What is FTUK and what makes it unique?
FTUK is a proprietary trading firm based in the United States, offering traders the opportunity to manage substantial capital with a maximum funding limit of $640,000,000. Unique features include a flexible trading environment allowing news trading, scalping, and the use of expert advisors. Traders also benefit from a profit split starting at 50%, scaling up to 80% at higher levels.
What is the overall rating of FTUK?
As of now, FTUK does not have an overall rating or reviews on platforms like Trust Pilot. This absence of feedback may be due to its recent establishment or limited engagement in public review platforms.
Where is FTUK headquartered?
FTUK is headquartered in the United States. This location provides a strategic advantage for accessing global markets and ensuring adherence to international trading standards and regulations.
How much funding can I get with FTUK?
FTUK offers a maximum funding limit of $640,000,000, allowing traders to manage large accounts. This high funding potential is ideal for experienced traders looking to scale their trading operations significantly.
What are the account management rules for FTUK?
FTUK requires traders to adhere to specific drawdown limits: a daily drawdown of 5% and a maximum drawdown of 10%. Additionally, traders must maintain a 20-40% consistency score and uphold regular trading activity to keep their accounts in good standing.
What happens if I violate FTUK's trading rules?
Violations of FTUK's trading rules, such as exceeding drawdown limits or using prohibited strategies like arbitrage and latency abuse, may result in account suspension or termination. It is crucial for traders to familiarize themselves with the rules to avoid penalties.
What are the evaluation requirements for FTUK?
FTUK requires traders to complete a minimum of 3 trading days and achieve a profit target of 10% to pass the evaluation phase. Evaluation fees range from $9,900 to $149,900, depending on the account size and other add-ons.
Are there any restrictions during the evaluation phase at FTUK?
During the evaluation phase, FTUK allows news trading with an add-on but prohibits high-frequency trading and hedging. Traders must adhere to regular trading activity and maintain consistency in their trading strategies.
What trading platforms does FTUK offer for evaluations?
FTUK offers three trading platforms for evaluations: TradeLocker, Match-Trader, and DXtrade. These platforms provide a comprehensive suite of tools and analytics to support traders in meeting their evaluation requirements.
What trading strategies are allowed at FTUK?
FTUK allows several trading strategies, including news trading, scalping, and the use of expert advisors. However, high-frequency trading, hedging, and strategies like arbitrage, latency abuse, and grid bots are prohibited.
Can I hold positions overnight and over the weekend with FTUK?
Yes, FTUK allows traders to hold positions overnight and over the weekend. This flexibility enables traders to implement longer-term strategies without the need to close positions at the end of each trading day or week.
Are there any symbol restrictions at FTUK?
FTUK does not impose specific symbol restrictions, providing traders with the freedom to trade a wide range of instruments. However, traders must adhere to other trading rules and avoid prohibited strategies.
How is the profit split structured at FTUK?
FTUK offers a profit split starting at 50%, which can scale up to 80% as traders achieve higher scaling levels. This structure incentivizes traders to grow their accounts and improve performance to earn a larger share of profits.
What conditions affect the profit split at FTUK?
The profit split at FTUK can scale from 50% to 80% based on the trader's performance and account scaling levels. Consistent, profitable trading can lead to higher profit splits, rewarding traders for their success and growth.
What are the payout methods available at FTUK?
FTUK offers several payout methods, including Rise Works, USDT TRC20, and bank transfers. Payouts are processed within 1-2 business days, with a minimum payout amount of $250. Traders can request payouts bi-weekly or on-demand.
How often can I request payouts from FTUK?
FTUK allows traders to request payouts bi-weekly or on-demand, with a processing time of 1-2 business days. However, the first payout may be delayed for 14 days from the first trade to ensure account stability and performance.
How can I contact FTUK support?
Traders can contact FTUK support through their official website's contact form or email. Response times may vary, but FTUK aims to address inquiries promptly to ensure traders receive the assistance they need.