
FundedTradingPlus — Verified Deal (Apr 2026)
Active Coupon Codes
About FundedTradingPlus
Our Take: FundedTradingPlus, boasting a solid 4.4/5 rating across 2620 reviews, carves a niche in the forex prop trading world. With a maximum funding of $5,000,000 and instant funding options up to $2.5M, this UK-based firm is best suited for experienced traders seeking immediate access to substantial capital. Their main competitive advantage lies in the potential for a 100% profit split, a rare offering in the industry, especially considering they accept US traders. However, potential traders should be aware that the drawdown is equity-based, requiring meticulous risk management to avoid premature account termination. Starting at $89, FundedTradingPlus offers access to platforms like Match Trader, DXTrade, MT4, MT5, and cTrader. Currently, there are no promo codes available.
UK-based prop firm offering instant funding up to $2.5M with up to 100% profit split, bypassing traditional evaluation challenges.
FundedTradingPlus is a forex prop trading firm that provides traders with funded accounts up to $5000K. Traders keep up to 100% of their profits while trading with the firm's capital, making it an attractive option for both beginners and experienced traders looking to scale their operations without risking personal funds.
FundedTradingPlus partners with FTP London Ltd as their brokerage provider, offering competitive spreads and reliable execution for all supported instruments.
Challenge Pricing — FundedTradingPlus
Compare all FundedTradingPlus challenge account sizes and pricing options below.
Instant
| Account Size | Original Price |
|---|---|
| $5K | $225 |
| $10K | $450 |
| $25K | $1,125 |
| $50K | $2,250 |
| $100K | $4,500 |
1-Step Express
| Account Size | Original Price |
|---|---|
| $10K | $99 |
| $25K | $199 |
| $50K | $349 |
| $100K | $549 |
| $200K | $999 |
2-Step Classic
| Account Size | Original Price |
|---|---|
| $10K | $89 |
| $25K | $149 |
| $50K | $249 |
| $100K | $399 |
Trading Rules — FundedTradingPlus
Allowed Trading Strategies — FundedTradingPlus
Trading Platforms — FundedTradingPlus
FundedTradingPlus supports 5 trading platforms, giving you flexibility to trade on the platform you are most comfortable with.
Payout Information — FundedTradingPlus
Scaling Program — FundedTradingPlus
FundedTradingPlus offers a scaling program that allows successful traders to increase their account size over time, potentially reaching up to $5000K in funded capital. As you demonstrate consistent profitability, your allocation grows automatically.
Key Details
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Frequently Asked Questions
Is the FundedTradingPlus coupon code still valid?
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Does FundedTradingPlus offer refundable fees?
How does FundedTradingPlus handle payouts?
What platforms does FundedTradingPlus support?
Does FundedTradingPlus have a scaling program?
FundedTradingPlus Complete Guide 2026 — Overview
FundedTradingPlus, established in 2021 and headquartered in London, United Kingdom, has quickly become a notable player in the forex proprietary trading landscape. With a Trustpilot rating of 4.4/5 based on 2620 reviews, the firm demonstrates a commitment to providing a positive experience for its traders. Led by CEO Simon Massey, FundedTradingPlus offers traders the opportunity to access substantial capital, potentially reaching a maximum allocation of $5,000,000. This significant funding potential, coupled with the possibility of a 100% profit split, positions FundedTradingPlus as an attractive option for experienced forex traders seeking to maximize their earning potential. The firm's acceptance of US traders further broadens its reach and appeal within the global trading community.
FundedTradingPlus provides a range of evaluation options, including instant, 1-step, and 2-step challenges, catering to different trading styles and risk tolerances. The starting price for these challenges is $89, making it relatively accessible for traders looking to prove their skills and gain access to funded accounts. The firm supports a variety of trading platforms, including Match Trader, DXTrade, MT4, MT5, and cTrader, providing traders with flexibility and choice in their trading environment. This multi-platform approach ensures that traders can utilize their preferred tools and strategies.
The firm's trading rules include a daily loss limit of 4.0% and a maximum loss of 8.0%, with a drawdown type based on equity. These parameters are designed to encourage responsible risk management and protect the firm's capital. FundedTradingPlus allows a wide range of trading strategies, including scalping, trading bots/EAs, news trading, weekend holding, hedging, and copy trading. However, High-Frequency Trading (HFT) is not allowed. This flexibility in strategy allows traders to implement their preferred methods without unnecessary restrictions.
FundedTradingPlus offers a scaling program, providing traders with the opportunity to increase their capital allocation as they consistently demonstrate profitability. The firm also offers a refundable fee, adding an extra layer of security for traders participating in the evaluation process. Payouts are processed weekly via Bank Transfer, Crypto, or Deel, with the first payout available after just 1 day. This rapid payout frequency and diverse payout methods enhance the overall trading experience. With its comprehensive offerings and commitment to trader success, FundedTradingPlus presents a compelling option for forex traders seeking to elevate their careers. The availability of live chat support further enhances the user experience, providing traders with readily accessible assistance when needed.
Company Background
FundedTradingPlus, operating in the forex market, was founded in 2021 with its headquarters located in London, United Kingdom (GB 🇬🇧). This places the firm within a major global financial hub, providing access to a wealth of resources and expertise. In its 5 years of operation, the company has established itself as a reputable player in the proprietary trading industry, garnering a significant number of positive reviews and building a strong online presence.
The company is led by CEO Simon Massey. The leadership team's vision and strategic direction have been instrumental in shaping FundedTradingPlus's growth and success. The company's commitment to providing traders with opportunities to access capital and achieve their financial goals is reflected in its various programs and services.
The choice of London as its headquarters is strategic, given the city's prominence as a global financial center. London offers access to a diverse talent pool, advanced technological infrastructure, and a robust regulatory environment. These factors contribute to FundedTradingPlus's ability to operate efficiently and effectively in the competitive prop trading market. The UK's strong legal framework and financial regulations provide a stable and secure environment for both the company and its traders.
FundedTradingPlus's relatively short history of 5 years belies the significant impact it has made on the prop trading scene. The company's rapid growth and positive reputation are testaments to its commitment to providing value to its traders. The firm's focus on innovation and customer satisfaction has enabled it to attract a large and diverse community of traders from around the world.
The company's Trustpilot rating of 4.4/5 from 2620 reviews is a strong indicator of its commitment to customer satisfaction. These reviews provide valuable insights into the experiences of traders who have used FundedTradingPlus's services, highlighting the firm's strengths and areas for improvement. The company actively monitors and responds to customer feedback, demonstrating its dedication to continuous improvement.
FundedTradingPlus's mission is to empower traders by providing them with the capital, tools, and support they need to succeed in the forex market. The company's various programs and services are designed to help traders develop their skills, manage risk, and achieve their financial goals. The firm's commitment to transparency and ethical business practices has earned it the trust and respect of its traders.
How FundedTradingPlus Works
FundedTradingPlus operates by providing traders with the opportunity to prove their trading skills through a series of evaluation challenges. Upon successful completion of these challenges, traders gain access to funded accounts and the opportunity to earn a profit split on their trading activities. The evaluation process is designed to assess a trader's ability to manage risk, generate consistent profits, and adhere to the firm's trading rules.
The evaluation process varies depending on the chosen challenge type: instant, 1-step, or 2-step. Each challenge has specific profit targets, daily loss limits, and maximum loss limits that traders must adhere to in order to pass the evaluation. The instant challenges provide immediate access to a funded account, while the 1-step and 2-step challenges require traders to meet specific profit targets in one or two phases, respectively.
Evaluation Steps:- Instant: These challenges offer immediate access to a funded account upon purchase. Traders must then manage the account according to the specified rules, including daily loss and maximum loss limits.
- 1-Step: These challenges require traders to achieve a specific profit target in a single phase. If the trader meets the profit target and adheres to the trading rules, they pass the evaluation and gain access to a funded account.
- 2-Step: These challenges require traders to achieve specific profit targets in two phases. The profit target and trading rules may vary between the two phases. Upon successful completion of both phases, the trader gains access to a funded account.
1. Challenge Selection: Traders choose a challenge based on their preferred account size, evaluation steps, and risk tolerance. The price of the challenge varies depending on the account size and evaluation type.
2. Trading Platform: Traders utilize one of the supported trading platforms (Match Trader, DXTrade, MT4, MT5, or cTrader) to execute their trades.
3. Trading Rules: Traders must adhere to the firm's trading rules, including daily loss limits, maximum loss limits, and any restrictions on trading strategies.
4. Profit Target: Traders must achieve the specified profit target within the evaluation phase(s) to pass the challenge.
5. Verification: Upon successful completion of the evaluation, FundedTradingPlus verifies the trader's results and prepares the funded account.
6. Funded Account: Traders gain access to a funded account and begin trading with the firm's capital.
7. Profit Split: Traders receive a percentage of the profits they generate on the funded account, according to the agreed-upon profit split.
8. Payouts: Payouts are processed weekly via Bank Transfer, Crypto, or Deel.
FundedTradingPlus provides traders with the tools and resources they need to succeed in the evaluation process. The firm's trading platforms offer a variety of features and indicators to assist traders in their analysis and decision-making. The firm also provides customer support to answer any questions and provide guidance throughout the evaluation process.
The evaluation process is designed to be fair and transparent. FundedTradingPlus clearly outlines the trading rules and profit targets for each challenge, ensuring that traders understand the requirements before participating. The firm also provides traders with access to their trading statistics, allowing them to track their progress and identify areas for improvement.
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Challenge Options and Pricing
FundedTradingPlus offers a variety of challenge options to suit different trading styles and risk appetites. These challenges vary in account size, evaluation steps (instant, 1-step, or 2-step), profit targets, daily loss limits, maximum loss limits, and pricing. All challenges offer an 80% profit split except for the standard funded accounts which offer 100%.
Here's a detailed breakdown of each challenge:
| Challenge Type | Account Size | Price | Evaluation Steps | Phase 1 Target | Phase 2 Target | Daily Loss | Max Loss | Profit Split |
| Instant | $5,000 | $225.0 | Instant | 0.0% | N/A% | 6.0% | 6.0% | 80.0% |
| 1-Step Express | $10,000 | $99.0 | 1-Step | 10.0% | N/A% | 4.0% | 6.0% | 80.0% |
| 2-Step Classic | $10,000 | $89.0 | 2-Step | 7.0% | 7.0% | 4.0% | 8.0% | 80.0% |
| Instant | $10,000 | $450.0 | Instant | 0.0% | N/A% | 6.0% | 6.0% | 80.0% |
| 1-Step Express | $25,000 | $199.0 | 1-Step | 10.0% | N/A% | 4.0% | 6.0% | 80.0% |
| 2-Step Classic | $25,000 | $149.0 | 2-Step | 7.0% | 7.0% | 4.0% | 8.0% | 80.0% |
| Instant | $25,000 | $1125.0 | Instant | 0.0% | N/A% | 6.0% | 6.0% | 80.0% |
| 1-Step Express | $50,000 | $349.0 | 1-Step | 10.0% | N/A% | 4.0% | 6.0% | 80.0% |
| 2-Step Classic | $50,000 | $249.0 | 2-Step | 7.0% | 7.0% | 4.0% | 8.0% | 80.0% |
| Instant | $50,000 | $2250.0 | Instant | 0.0% | N/A% | 6.0% | 6.0% | 80.0% |
| 1-Step Express | $100,000 | $549.0 | 1-Step | 10.0% | N/A% | 4.0% | 6.0% | 80.0% |
| 2-Step Classic | $100,000 | $399.0 | 2-Step | 7.0% | 7.0% | 4.0% | 8.0% | 80.0% |
| Instant | $100,000 | $4500.0 | Instant | 0.0% | N/A% | 6.0% | 6.0% | 80.0% |
| 1-Step Express | $200,000 | $999.0 | 1-Step | 10.0% | N/A% | 4.0% | 6.0% | 80.0% |
- Instant Challenges: These challenges provide immediate access to a funded account upon purchase. Traders can start trading right away without having to pass any evaluation phases. However, these challenges typically have stricter daily loss and maximum loss limits compared to the 1-step and 2-step challenges. The profit target for Phase 1 is 0.0%, meaning there is no profit target to pass to get funded.
* $5,000 Account: Price: $225.0, Daily Loss: 6.0%, Max Loss: 6.0%, Profit Split: 80.0%
* $10,000 Account: Price: $450.0, Daily Loss: 6.0%, Max Loss: 6.0%, Profit Split: 80.0%
* $25,000 Account: Price: $1125.0, Daily Loss: 6.0%, Max Loss: 6.0%, Profit Split: 80.0%
* $50,000 Account: Price: $2250.0, Daily Loss: 6.0%, Max Loss: 6.0%, Profit Split: 80.0%
* $100,000 Account: Price: $4500.0, Daily Loss: 6.0%, Max Loss: 6.0%, Profit Split: 80.0%
- 1-Step Express Challenges: These challenges require traders to achieve a specific profit target in a single phase to pass the evaluation. These challenges typically have a higher profit target than the 2-step challenges but require less time and effort to complete.
* $10,000 Account: Price: $99.0, Phase 1 Target: 10.0%, Daily Loss: 4.0%, Max Loss: 6.0%, Profit Split: 80.0%
* $25,000 Account: Price: $199.0, Phase 1 Target: 10.0%, Daily Loss: 4.0%, Max Loss: 6.0%, Profit Split: 80.0%
* $50,000 Account: Price: $349.0, Phase 1 Target: 10.0%, Daily Loss: 4.0%, Max Loss: 6.0%, Profit Split: 80.0%
* $100,000 Account: Price: $549.0, Phase 1 Target: 10.0%, Daily Loss: 4.0%, Max Loss: 6.0%, Profit Split: 80.0%
* $200,000 Account: Price: $999.0, Phase 1 Target: 10.0%, Daily Loss: 4.0%, Max Loss: 6.0%, Profit Split: 80.0%
- 2-Step Classic Challenges: These challenges require traders to achieve specific profit targets in two phases to pass the evaluation. These challenges typically have lower profit targets than the 1-step challenges but require more time and effort to complete.
* $10,000 Account: Price: $89.0, Phase 1 Target: 7.0%, Phase 2 Target: 7.0%, Daily Loss: 4.0%, Max Loss: 8.0%, Profit Split: 80.0%
* $25,000 Account: Price: $149.0, Phase 1 Target: 7.0%, Phase 2 Target: 7.0%, Daily Loss: 4.0%, Max Loss: 8.0%, Profit Split: 80.0%
* $50,000 Account: Price: $249.0, Phase 1 Target: 7.0%, Phase 2 Target: 7.0%, Daily Loss: 4.0%, Max Loss: 8.0%, Profit Split: 80.0%
* $100,000 Account: Price: $399.0, Phase 1 Target: 7.0%, Phase 2 Target: 7.0%, Daily Loss: 4.0%, Max Loss: 8.0%, Profit Split: 80.0%
Traders should carefully consider their trading style, risk tolerance, and capital requirements when choosing a challenge option. The instant challenges are suitable for experienced traders who are confident in their ability to manage risk and generate consistent profits. The 1-step and 2-step challenges are suitable for traders who prefer a more gradual approach to evaluation and are willing to invest more time and effort in the process.
Trading Rules and Risk Management
FundedTradingPlus implements specific trading rules and risk management parameters to ensure responsible trading practices and protect the firm's capital. These rules are designed to encourage traders to manage their risk effectively and avoid excessive losses.
Key Trading Rules and Risk Management Parameters:- Daily Loss Limit: The daily loss limit is the maximum amount a trader can lose in a single trading day. For most challenges, the daily loss limit is 4.0%. However, the Instant challenges have a daily loss limit of 6.0%. If a trader exceeds the daily loss limit, their account may be terminated.
- Maximum Loss: The maximum loss is the total amount a trader can lose on their account. For most challenges, the maximum loss is 8.0%. However, the 1-Step Express challenges have a maximum loss of 6.0%. If a trader exceeds the maximum loss, their account will be terminated.
- Drawdown Type: FundedTradingPlus uses an equity-based drawdown. This means that the drawdown is calculated based on the trader's current equity, which includes both realized and unrealized profits and losses. This type of drawdown is more stringent than a balance-based drawdown, as it takes into account the impact of open positions on the account's overall risk exposure.
- Minimum Trading Days: FundedTradingPlus has a minimum trading days requirement of 0. This means that there is no minimum number of days a trader must trade to pass the evaluation or remain funded.
Effective risk management is crucial for success in proprietary trading. By adhering to the daily loss limit and maximum loss parameters, traders can protect their capital and avoid premature account termination. The equity-based drawdown further emphasizes the importance of managing open positions and avoiding excessive risk-taking.
Strategies for Managing Risk:- Position Sizing: Carefully calculate the appropriate position size for each trade based on the account size, risk tolerance, and market volatility.
- Stop-Loss Orders: Use stop-loss orders to limit potential losses on each trade. Place stop-loss orders at levels that are consistent with the trader's risk tolerance and the market's volatility.
- Risk-Reward Ratio: Aim for a favorable risk-reward ratio on each trade. This means that the potential profit should be greater than the potential loss.
- Diversification: Diversify trading across different currency pairs or asset classes to reduce overall risk exposure.
- Emotional Control: Avoid making impulsive trading decisions based on emotions. Stick to a well-defined trading plan and risk management strategy.
FundedTradingPlus's trading rules and risk management parameters are designed to promote responsible trading practices and protect the firm's capital. By adhering to these rules and implementing effective risk management strategies, traders can increase their chances of success and achieve their financial goals.
Profit Split and Payouts
FundedTradingPlus offers a competitive profit split and a convenient payout system to reward its successful traders. The firm's profit split and payout policies are designed to be transparent and trader-friendly.
Profit Split:- FundedTradingPlus offers a profit split of 80.0% for most of its challenges. However, the standard funded accounts offer a 100% profit split. This means that traders receive 80% or 100% of the profits they generate on their funded accounts, while FundedTradingPlus retains the remaining percentage. The 100% profit split is a significant advantage for traders, as it allows them to maximize their earnings potential.
- FundedTradingPlus processes payouts on a weekly basis. This frequent payout schedule allows traders to access their earnings quickly and efficiently.
- FundedTradingPlus offers a variety of payout methods to cater to the diverse needs of its traders. These methods include:
* Bank Transfer: Traders can receive their payouts directly to their bank accounts.
* Crypto: Traders can receive their payouts in various cryptocurrencies.
* Deel: Deel is a global payroll platform that allows traders to receive payouts in their local currency.
First Payout Timeline:- FundedTradingPlus offers a first payout after just 1 day. This rapid payout timeline is a significant advantage for traders, as it allows them to start earning income quickly.
- The fee for the challenge is refundable. This provides an extra layer of security for traders participating in the evaluation process.
FundedTradingPlus is committed to transparency and reliability in its profit split and payout policies. The firm clearly outlines the profit split and payout methods in its terms and conditions, ensuring that traders understand the process. The firm also processes payouts promptly and efficiently, maintaining a strong reputation for reliability.
The combination of a competitive profit split, frequent payout schedule, diverse payout methods, and rapid first payout timeline makes FundedTradingPlus an attractive option for traders seeking to maximize their earnings potential and access their funds quickly.
Trading Platforms and Tools
FundedTradingPlus provides traders with access to a range of popular and powerful trading platforms, ensuring they have the tools necessary to execute their strategies effectively. The available platforms include Match Trader, DXTrade, MT4, MT5, and cTrader.
Trading Platforms:- Match Trader: Match Trader is a proprietary trading platform known for its user-friendly interface and advanced charting capabilities. It offers a range of technical indicators, drawing tools, and order management features.
- DXTrade: DXTrade is a multi-asset trading platform that provides access to a wide range of financial instruments, including forex, stocks, indices, and commodities. It offers advanced charting tools, order types, and risk management features.
- MetaTrader 4 (MT4): MT4 is one of the most popular trading platforms in the world, known for its ease of use, extensive charting capabilities, and support for automated trading strategies (Expert Advisors).
- MetaTrader 5 (MT5): MT5 is the successor to MT4, offering enhanced features and capabilities, including more technical indicators, order types, and timeframes. It also supports trading in a wider range of financial instruments.
- cTrader: cTrader is a sophisticated trading platform designed for experienced traders. It offers advanced charting tools, order types, and depth of market analysis. It is known for its speed and precision in order execution.
Each of these platforms offers a variety of features to assist traders in their analysis and decision-making, including:
- Charting Tools: Advanced charting capabilities with a wide range of technical indicators, drawing tools, and timeframes.
- Order Types: Various order types, including market orders, limit orders, stop orders, and trailing stop orders.
- Order Management: Tools for managing open positions, setting stop-loss and take-profit levels, and tracking trading performance.
- Automated Trading: Support for automated trading strategies (Expert Advisors) on MT4 and MT5.
- Mobile Trading: Mobile apps for trading on the go.
- FundedTradingPlus utilizes FTP London Ltd as its broker. This relationship ensures that traders have access to reliable order execution and competitive pricing. The choice of broker is a critical factor in the overall trading experience, and FundedTradingPlus's partnership with FTP London Ltd reflects its commitment to providing traders with a high-quality trading environment.
The choice of trading platform depends on the trader's individual preferences and trading style. MT4 and MT5 are popular choices for traders who use automated trading strategies or prefer a user-friendly interface. cTrader is a good option for experienced traders who require advanced charting tools and order execution capabilities. Match Trader and DXTrade offer a balance of features and ease of use, making them suitable for a wide range of traders.
FundedTradingPlus's provision of multiple trading platforms allows traders to choose the platform that best suits their needs and preferences, enhancing their overall trading experience and increasing their chances of success.
Allowed Trading Strategies
FundedTradingPlus allows a wide range of trading strategies, providing traders with the flexibility to implement their preferred methods. The firm's policy on allowed trading strategies is designed to be inclusive, while also ensuring responsible trading practices.
Allowed Trading Strategies:- Scalping: ALLOWED. Scalping is a trading strategy that involves making small profits on small price movements. FundedTradingPlus allows scalping, providing traders with the opportunity to profit from short-term market fluctuations.
- Trading Bots/EAs: ALLOWED. Trading bots, also known as Expert Advisors (EAs), are automated trading programs that can execute trades on behalf of the trader. FundedTradingPlus allows the use of trading bots/EAs, providing traders with the opportunity to automate their trading strategies.
- News Trading: ALLOWED. News trading is a strategy that involves trading based on economic news releases and other market-moving events. FundedTradingPlus allows news trading, providing traders with the opportunity to profit from market volatility surrounding news events.
- Weekend Holding: ALLOWED. Weekend holding refers to holding positions open over the weekend. FundedTradingPlus allows weekend holding, providing traders with the flexibility to hold positions for longer periods.
- Hedging: ALLOWED. Hedging is a strategy that involves taking offsetting positions to reduce risk. FundedTradingPlus allows hedging, providing traders with the opportunity to protect their capital from adverse market movements.
- Copy Trading: ALLOWED. Copy trading involves copying the trades of other successful traders. FundedTradingPlus allows copy trading, providing traders with the opportunity to learn from and profit from the expertise of others.
- HFT (High-Frequency Trading): NOT ALLOWED. High-frequency trading (HFT) is a type of algorithmic trading that involves executing a large number of orders at very high speeds. FundedTradingPlus does not allow HFT.
FundedTradingPlus's policy on allowed trading strategies is based on a balance between providing traders with flexibility and ensuring responsible trading practices. The firm allows a wide range of strategies that are commonly used by retail traders, while prohibiting HFT, which is typically associated with institutional traders and can potentially disrupt market stability.
The allowance of scalping, trading bots/EAs, news trading, weekend holding, hedging, and copy trading provides traders with a wide range of options for implementing their preferred trading styles. The prohibition of HFT helps to maintain a level playing field and prevent unfair advantages.
FundedTradingPlus's policy on allowed trading strategies is designed to create a fair and transparent trading environment for all traders. By allowing a wide range of strategies while prohibiting HFT, the firm aims to promote responsible trading practices and protect the interests of its traders.
Scaling Program
FundedTradingPlus offers a scaling program that allows traders to increase their capital allocation as they consistently demonstrate profitability. This program provides traders with the opportunity to grow their accounts and increase their earning potential over time.
The specifics of the scaling program are not detailed in the provided data. However, scaling programs generally work by increasing a trader's capital allocation based on their performance. Typically, traders must meet certain criteria, such as achieving a specific profit target or maintaining a consistent level of profitability over a certain period, to qualify for a capital increase.
The benefits of a scaling program include:
- Increased Earning Potential: As traders' capital allocation increases, their potential earnings also increase.
- Motivation and Incentives: The scaling program provides traders with motivation and incentives to improve their trading performance.
- Recognition of Success: The scaling program recognizes and rewards traders who consistently demonstrate profitability.
- Long-Term Growth: The scaling program allows traders to grow their accounts and build a long-term trading career.
To learn more about the specific details of FundedTradingPlus's scaling program, traders should consult the firm's website or contact customer support. The scaling program is a valuable feature for traders who are looking to grow their accounts and increase their earning potential over time.
Who Should Choose FundedTradingPlus?
FundedTradingPlus is well-suited for experienced forex traders seeking substantial capital and a high degree of flexibility in their trading strategies. Several factors make FundedTradingPlus an attractive option for specific types of traders:
- Experienced Forex Traders: The availability of maximum allocation of $5,000,000 suggests that FundedTradingPlus is targeting experienced traders who are capable of managing large sums of capital.
- Traders Seeking High-Profit Splits: The potential for a 100% profit split is a major draw for traders looking to maximize their earnings. This is particularly attractive for consistently profitable traders who want to retain the largest possible share of their profits.
- Traders Who Prefer Multiple Platforms: The support for Match Trader, DXTrade, MT4, MT5, and cTrader provides traders with a wide range of platform options, allowing them to choose the platform that best suits their trading style and preferences.
- Traders Who Utilize Various Strategies: The allowance of scalping, trading bots/EAs, news trading, weekend holding, hedging, and copy trading makes FundedTradingPlus a good fit for traders who employ a variety of strategies.
- US Traders: The acceptance of US traders broadens FundedTradingPlus's appeal and makes it a viable option for traders in the United States who may have limited access to other prop trading firms.
- Traders Seeking Immediate Funding: The instant funding options, while potentially more expensive, provide immediate access to capital for traders who are confident in their abilities and want to start trading right away.
- Traders Who Value Rapid Payouts: The weekly payout frequency and the availability of first payout after just 1 day are attractive features for traders who want to access their earnings quickly.
- Traders Who Appreciate Refundable Fees: The refundable fee adds an extra layer of security and reduces the financial risk associated with participating in the evaluation process.
However, potential traders should also be aware of the equity-based drawdown, which requires careful risk management. Traders who are not comfortable with this type of drawdown may want to consider other prop trading firms with different drawdown policies.
In summary, FundedTradingPlus is best suited for experienced forex traders who are looking for substantial capital, a high-profit split, a wide range of platform options, and flexibility in their trading strategies. The firm's acceptance of US traders, instant funding options, rapid payouts, and refundable fees further enhance its appeal.
Pros and Cons
Based solely on the provided data, here's an objective assessment of the pros and cons of FundedTradingPlus:
Pros:- High Maximum Allocation: The potential for a maximum allocation of $5,000,000 is a significant advantage for experienced traders seeking substantial capital.
- Potential for 100% Profit Split: The possibility of earning a 100% profit split is a rare and highly attractive feature.
- Multiple Trading Platforms: Support for Match Trader, DXTrade, MT4, MT5, and cTrader provides traders with flexibility and choice.
- Wide Range of Allowed Strategies: The allowance of scalping, trading bots/EAs, news trading, weekend holding, hedging, and copy trading provides traders with a high degree of flexibility in their trading strategies.
- Acceptance of US Traders: The acceptance of US traders broadens the firm's reach and appeal.
- Instant Funding Options: The availability of instant funding options provides immediate access to capital for experienced traders.
- Rapid Payouts: The weekly payout frequency and the availability of first payout after just 1 day are attractive features.
- Refundable Fee: The refundable fee adds an extra layer of security and reduces the financial risk associated with participating in the evaluation process.
- Scaling Program: The scaling program provides traders with the opportunity to increase their capital allocation as they consistently demonstrate profitability.
- Positive Trustpilot Rating: A Trustpilot rating of 4.4/5 from 2620 reviews suggests a positive overall customer experience.
- Live Chat Support: The availability of live chat support enhances the user experience.
- Equity-Based Drawdown: The equity-based drawdown requires meticulous risk management and may be challenging for some traders.
- HFT Not Allowed: The prohibition of High-Frequency Trading (HFT) may be a disadvantage for traders who specialize in this strategy.
- 80% Profit Split on Challenges: While the potential for 100% profit split exists, the initial profit split on most challenges is 80.0%.
- Daily Loss Limits: The daily loss limits (4.0% or 6.0%) can be restrictive for some trading styles.
- Maximum Loss Limits: The maximum loss limits (6.0% or 8.0%) require careful risk management to avoid account termination.
- No Free Trial: The absence of a free trial makes it difficult for traders to evaluate the firm's services before committing to a challenge.
Overall, FundedTradingPlus offers a compelling package for experienced forex traders seeking substantial capital and a high degree of flexibility. However, potential traders should carefully consider the equity-based drawdown, daily loss limits, and maximum loss limits before participating in the evaluation process.
Frequently Asked Questions
Here are some frequently asked questions about FundedTradingPlus, based solely on the data provided:
Q1: What is FundedTradingPlus?A: FundedTradingPlus is a proprietary trading firm that provides traders with the opportunity to access capital and earn a profit split on their trading activities. The firm is based in London, United Kingdom, and was founded in 2021.
Q2: What is the maximum allocation I can receive from FundedTradingPlus?A: The maximum allocation available at FundedTradingPlus is $5,000,000.
Q3: What is the profit split offered by FundedTradingPlus?A: FundedTradingPlus offers a profit split of 80.0% for most challenges. However, the standard funded accounts offer a 100% profit split.
Q4: What trading platforms does FundedTradingPlus support?A: FundedTradingPlus supports Match Trader, DXTrade, MT4, MT5, and cTrader.
Q5: What trading strategies are allowed at FundedTradingPlus?A: FundedTradingPlus allows scalping, trading bots/EAs, news trading, weekend holding, hedging, and copy trading. High-Frequency Trading (HFT) is not allowed.
Q6: Does FundedTradingPlus accept US traders?A: Yes, FundedTradingPlus accepts US traders.
Q7: What is the daily loss limit at FundedTradingPlus?A: The daily loss limit is either 4.0% or 6.0%, depending on the challenge type. The Instant challenges have a daily loss limit of 6.0%, while the 1-Step Express and 2-Step Classic challenges have a daily loss limit of 4.0%.
Q8: What is the maximum loss at FundedTradingPlus?A: The maximum loss is either 6.0% or 8.0%, depending on the challenge type. The 1-Step Express challenges have a maximum loss of 6.0%, while the 2-Step Classic challenges have a maximum loss of 8.0%.
Q9: What type of drawdown does FundedTradingPlus use?A: FundedTradingPlus uses an equity-based drawdown.
Q10: How often are payouts processed at FundedTradingPlus?A: Payouts are processed weekly.
Q11: What payout methods are available at FundedTradingPlus?A: Payouts can be processed via Bank Transfer, Crypto, or Deel.
Q12: How soon can I receive my first payout from FundedTradingPlus?A: The first payout is available after just 1 day.
Q13: Is the challenge fee refundable at FundedTradingPlus?A: Yes, the challenge fee is refundable.
Q14: Does FundedTradingPlus offer a scaling program?A: Yes, FundedTradingPlus offers a scaling program.
Q15: Is there a free trial available at FundedTradingPlus?A: No, there is no free trial available.
Q16: What is the starting price for a challenge at FundedTradingPlus?A: The starting price for a challenge at FundedTradingPlus is $89.
Q17: What is the Trustpilot rating for FundedTradingPlus?A:
