FTUK is a prop firm located in the United States, operating since 2021. The most significant feature of this firm is its funding, which goes up to $6.4M. Most prop firms don't offer fundings even close to this number.
There are also other attractive benefits such as instant funding and fast payouts. If you are interested in learning more and grasp the details about FTUK, read this in-depth review.
Company Overview
FTUK Inc. is a prop trading firm founded in February 2021, with its single-phase evaluation program launched in October of that year. This company quickly attracted traders' attention via its instant funding account. FTUK Statistics:
- More than 30,000 accounts have been opened since 2021;
- $1M+ payouts in 2024;
- Average payout time of 1 hour;
- Serves clients across 133 countries.
Table of Specifics
In this section, we will have a brief look at the general features and specifics of FTUK, in the form of a table:
Account Currency | USD |
Minimum Price | $99 |
Maximum Leverage | 1:100 |
Maximum Profit Split | 80% |
Instruments | Forex, Crypto, Commodities, Indices |
Assets | Not Specified |
Evaluation Steps | One-Step, Two-Step, Instant Funding |
Withdrawal Methods | RiseWorks, USDT (TRC20) |
Maximum Fund Size | $6.4M |
First Profit Target | 10% |
Max. Daily Loss | 5% |
Challenge Time Limit | Unlimited |
News Trading | Prohibited |
Maximum Total Drawdown | Up to 10% |
Trading Platforms | cTrader, Match-Trader, DXTrade |
Commission Per Round Lot | $4 for Forex None for Others |
Trustpilot Score | 4.1/5 |
Payout Frequency | Weekly |
Established Country | United States |
Established Year | 2021 |
Strengths & Weaknesses
Understanding the strengths and weaknesses of FTUK can help you make an informed decision about whether it's the right prop firm for you. Pros and Cons of FTUK:
Cons | Strengths |
Limited Educational Resources | Huge Funding Up to $6.4M |
Strict Evaluation Criteria | Transparent Operations |
- | Advanced Trading Platforms |
- | Competitive Trading Commissions |
Funding & Price Overview
FTUK offers a range of funding options to suit different trader preferences and skill levels. Let's have an overview of the account sizes and fees:
- Account Sizes: Choose from 4 options from $10,000 to $100,000.
- Pricing: Fees range from $99 to $1,499, depending on the account size and program chosen.
Remember, FTUK's model allows you to scale up to $6.4 million as you consistently meet trading targets, offering unparalleled growth potential for skilled traders.
FTUK Table of Evaluation Phases
This prop firm offers both one-step and two-step evaluation programs. Also, you have the option to get instant funding. In the tables below, you can read about the rules and conditions of each program. One-Step:
- | $10K | $25K | $50K | $100K |
Min. Trading Days | 4 | |||
Max. Trading Days | None | |||
Trailing Drawdown | 8% | |||
Daily Drawdown | 4% | |||
Profit Target | 10% | |||
Weekend Hold | Yes | |||
Max. Leverage | 1:50 | |||
Fees | $179 | $229 | $399 | $649 |
Two-Step:
- | $10K | $25K | $50K | $100K |
Min. Trading Days | 3 | |||
Max. Trading Days | None | |||
Static Drawdown (Step One – Step Two) | 10-5% | |||
Daily Drawdown | 5% | |||
Profit Target (Step One – Step Two) | 10-5% | |||
Weekend Hold | Yes | |||
Max. Leverage | 1:100 | |||
Fees | $99 | $179 | $269 | $499 |
Instant Funding:
- | $10K | $25K | $50K | $100K |
Min. Trading Days | 1 | |||
Max. Trading Days | None | |||
Static Drawdown | 6% | |||
Scaling Target | 10% | |||
Weekend Hold | Yes | |||
Max. Leverage | 1:50 | |||
Fees | $199 | $374 | $749 | $1,499 |
For all programs, the maximum profit split is set on 80%. On One-Step and Two-Step accounts, the profit is paid after getting funded.
Bonuses and Promotions
Based on our investigations on the website and official related sources, FTUK does not currently offer any promotions for its clients. However, it provides promo codes and discounts as listed below:
- Buy programs with 25% discount via [PROP25];
- Get a 40% discount upon subscription to the email list;
- 5% discount on accounts with [WETHRIFT].
Which Assets Can I Trade on FTUK Prop Firm?
The company offers a good range of trading instruments, suitable for most users. Let's have a look at each tradable market on FTUK:
- Forex Pairs: Major, minor, and exotic currency pairs
- Cryptocurrencies: Bitcoin, Ethereum, Cardano, and other major cryptocurrencies
- Indices: Global stock market indices
- Commodities: Gold, silver, oil, and more
The exact selection may vary based on your account type and the platform you choose to trade on.
Payout and Payment Options
FTUK covers some of the most popular methods for payouts and payments on prop firms. Payout Options:
- RiseWorks: For payouts above $500, withdrawals in USD
- USDT (TRC20): For profits below $500
Payment Methods:
- Credit/Debit Card: VISA, Mastercard
- Confirmo: Crypto payments platform supporting BTC, ETH, USDT, etc.
FTUK says that they are unable to process payouts via PayPal or bank transfers at this time. Always check the official website for any changes regarding this issue.
Commissions and Costs
The firm has provided clear data regarding its trading fees and commissions on its website, in the FAQ section. The structure is as follows:
- Commission: $4 per standard lot, only on Forex symbols, other markets do not come with any commission
- Swap Fees: None on DXTrade and Match-Trader, charged on cTrader at the rate determined by its broker
Trust Scores
FTUK's reputation in the trading community and on websites such as ForexPeaceArmy is mixed, with some opinions being so negative while others are more positive and promising. Trust Ratings:
- Trustpilot: 4.1 out of 5, with more than 500 reviews
- ForexPeaceArmy: 1.2/5, less than 10 scores
As mentioned above, the score on ForexPeaceArmy is too low. However, there are not enough ratings to consider it a reliable score, and the rating on Trustpilot is at an acceptable level.
Customer Services: How and When to Contact
We should always consider support services as a vital factor in choosing a prop firm. FTUK provides several typical ways to contact support:
- Live Chat: Available on the website
- Email: via support@ftuk.com
- Ticket: Submit through the website
- Phone Number: +44 (20) 8798 2605
Unfortunately, the customer services department is not available 24/7. They answer to clients' inquiries based on the table below:
Days | Hours (GMT) |
Monday - Friday | 7am - 5pm |
Saturday - Sunday | 9am - 5pm |
FTUK's Presence on Social Media
The prop firm manages several accounts and pages across various social media platforms, posting insights and updates regarding the company and its services on them. FTUK Social Pages:
- Facebook: https://www.facebook.com/ftukcom
- Twitter: https://twitter.com/ftuk_com
- Instagram: https://instagram.com/ftukcom
- Discord: https://discord.gg/FaAckc742J
- YouTube: https://www.youtube.com/c/ForexTradersUK
Expert Suggestions
FTUK is a suitable prop firm operating since February 2021 with solid features, including, but not limited to instant funding, funds up to $6.4M, and competitive fees.
However, education resources are limited on the website, and there's no 24/7 customer support available with this firm. These might not be deal breakers for everyone, though.
