Click Here | About Funded Trading Plus
Funded Trading Plus is a UK-based proprietary trading firm established with the aim of offering traders flexible funding options and tailored evaluation processes.
Year Founded: Funded Trading Plus was established in 2021.
Founder and CEO: Simone Massey plays a pivotal role in leading the company in the proprietary trading sector.
Office Address: Funded Trading Plus is a brand of FTP London Ltd., registered in England, United Kingdom. The company address is 7 Bell Yard, London, WC2A 2JR, United Kingdom. Company Number: 13719292.
Challenge Summary: Funded Trading Plus offers multiple evaluation options, allowing traders to choose from Instant, 1 Phase, and 2 Phases evaluations. Upon completing the evaluation stages, traders gain access to funded accounts ranging from $5,000 to $200,000.
Main Trading Rules for Challenges
- Profit Targets:
For the 2-phase evaluation model:- Phase 1: Profit target is 8%.
- Phase 2: Profit target is 5%.
- Daily Drawdown:
Traders are allowed a maximum daily drawdown of 6%. - Total Drawdown Limits:
Total drawdown varies between 6% and 10%, depending on the chosen challenge. - No Hedging:
Hedging is not permitted during any of the evaluation phases.
Trading Platforms: Funded Trading Plus supports the following platforms:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- cTrader
- DXTrade
- Match-Trader
Payment Methods: Funded Trading Plus accepts:
- Cryptocurrency.
- Cedit/debit cards (Visa or MasterCard only) for payments.
Payout Methods: Traders can receive payouts via:
- Bank transfer.
- Cryptocurrency through Triple A. The minimum payout is $50.
Funded Trading Plus Specific Trading Rules
- Expert Advisors (EAs):
Manual EAs are allowed. However, generic or fully automated EAs are not permitted. - Copy Trading:
Copy trading is allowed on individual accounts only. - News Trading:
Permitted, with possible restrictions during major economic events. - Stop Loss:
Mandatory for traders participating in the Advanced Challenge. - Weekend Holding:
Allowed only for Premium and Experience accounts.
Scaling Plan: Funded Trading Plus offers a scaling plan that allows traders to increase their account size up to $5 million, based on performance.
Key Information
- Founded Since: 2021
- Based Country: United Kingdom
Explore Previous Valuable Insights!
Legit good
– Extremely small spread size (about 1.4 pips for Gold)
– Withdrawals, from the moment I click withdraw, to eventually receiving in Crypto was less than 72hours. Wish it can be shorter, but I can’t complain as I am from a different timezone (UTC+8), so there’s always a bit of waiting time when responding to emails.
– Very alert and responsive customer support
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