Funded Trading Plus
Funded Trading Plus is a proprietary trading firm offering funded trading accounts to qualified traders. The firm provides multiple challenge types and evaluation programs for traders to prove their skills and gain access to funded capital.
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Fees and rules can change. Check the firm’s official terms before purchasing.
What is Funded Trading Plus and what makes it unique?
Funded Trading Plus is a proprietary trading firm based in the United Kingdom. It stands out with an impressive maximum funding of $20,000,000, no minimum trading days requirement, and a highly competitive profit split structure that can reach up to 100%. The firm allows various trading styles such as news trading, scalping, and hedging, enhancing trading flexibility.
What are the main features of Funded Trading Plus?
Key features of Funded Trading Plus include an 80% base profit split, scalable to 100%, zero minimum trading days, a maximum drawdown of 10%, and a profit target of 10%. The firm supports multiple trading platforms like MetaTrader 4, MetaTrader 5, and TradingView, and allows weekend holdings and news trading on most programs.
Where is Funded Trading Plus headquartered?
Funded Trading Plus is headquartered in the United Kingdom. This location places the firm within a major global financial hub, providing traders access to a wide range of markets and resources.
How much funding can I get with Funded Trading Plus?
Traders with Funded Trading Plus can access a maximum funding of up to $20,000,000. This substantial funding limit allows traders to scale their strategies significantly, offering ample opportunities for profit maximization.
What types of trading accounts are offered by Funded Trading Plus?
Funded Trading Plus offers a variety of account types tailored to different trading styles and needs. While specific details on account types are not provided, traders can expect accounts that support features like zero minimum trading days, high drawdown limits, and various strategies.
What happens if I violate the trading rules at Funded Trading Plus?
Violating trading rules, such as exceeding the 4% daily drawdown or 10% max drawdown, can result in the termination of your funded account. It is crucial to adhere to the firm's guidelines to maintain your trading privileges and funding.
What is the evaluation process at Funded Trading Plus?
The evaluation process at Funded Trading Plus requires traders to meet a 10% profit target without breaching a 4% daily or 10% maximum drawdown. There is no minimum trading day requirement, allowing traders to demonstrate their skills at their own pace.
What are the evaluation fees for Funded Trading Plus?
Evaluation fees at Funded Trading Plus range from $11,900 to $450,000, depending on the account size and funding level. These fees are designed to cover the cost of assessing a trader's ability to manage substantial funding responsibly.
Are there any trading restrictions during the evaluation phase at Funded Trading Plus?
During the evaluation phase, traders must adhere to specific restrictions, such as not engaging in high-frequency trading and avoiding prohibited strategies like arbitrage and grid trading. However, news trading, scalping, and weekend holdings are generally allowed.
What trading platforms are supported by Funded Trading Plus?
Funded Trading Plus supports a wide range of trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, DXTrade, MatchTrader, and TradingView. This variety allows traders to choose the platform that best suits their trading style and preferences.
Are there any prohibited trading strategies at Funded Trading Plus?
Yes, Funded Trading Plus prohibits certain strategies such as arbitrage, grid trading (considered toxic), account management, and copy trading between FTP accounts. Traders must avoid these strategies to remain compliant with the firm's rules.
Can I trade during news events with Funded Trading Plus?
News trading is allowed at Funded Trading Plus, except on the Master (instant funding) program. This flexibility enables traders to capitalize on market volatility during significant economic announcements.
Is high-frequency trading allowed at Funded Trading Plus?
High-frequency trading is not permitted at Funded Trading Plus. Traders should focus on strategies that align with the firm's guidelines, such as scalping, swing trading, and other permissible methods.
How is the profit split structured at Funded Trading Plus?
Funded Trading Plus offers an 80% base profit split, which can increase to 90% when traders achieve a 20% profit and up to 100% at a 30% profit level. This tiered structure incentivizes traders to maximize their performance.
What are the conditions for maximizing my profit split at Funded Trading Plus?
To maximize the profit split, traders must achieve specified profit targets: 20% profit for a 90% split and 30% profit for a 100% split. These milestones encourage traders to enhance their trading performance for better financial rewards.
What payout methods are available at Funded Trading Plus?
Funded Trading Plus offers several payout methods, including bank transfer, cryptocurrency, PayPal, and Wise. This variety ensures traders can select the most convenient option for receiving their earnings.
How often can traders receive payouts from Funded Trading Plus?
Payouts at Funded Trading Plus are customizable, with options for 3, 5, or 7-day schedules. The processing time is typically 24-48 hours, ensuring traders receive their profits promptly after a successful trading period.
How can I contact Funded Trading Plus support?
Traders can contact Funded Trading Plus support through various channels, including email and online chat. The firm is committed to providing timely assistance, although typical response times can vary based on the query's complexity.