Funded Trading Plus is a proprietary trading firm that claims to have "simple and fair rules, despite many industry leaders". This company offers benefits such as funding up to $2.5M and instant funding.
Also, you can withdraw your profits from your account on Funded Trading Plus with no fees. Is this prop firm a good option in practice? Let's find out in this comprehensive review.
Funded Trading Plus Company Overview
This company, established in 2021, is a popular proprietary trading firm based in the United Kingdom. Based on the data collected from Crunchbase, this firm goes by the legal name "FTP London Ltd." and is located in London.
Funded Trading Plus review; learn about its strengths and flaws
Summary of Specifics
Here's a quick breakdown of the key parameters at Funded Trading Plus in the form of a table:
Account Currency | USD |
Minimum Price | $119 |
Maximum Leverage | 1:30 |
Maximum Profit Split | 100% |
Instruments | Forex, Commodities, Indices, Crypto |
Assets | +50 |
Evaluation Steps | Instant Funding, One-Step, Two-Step |
Withdrawal Methods | Crypto, Bank Transfer |
Maximum Fund Size | $2.5M |
First Profit Target | From 8% |
Max. Daily Loss | Up to 6% |
Challenge Time Limit | Unlimited |
News Trading | Not Specified |
Maximum Total Drawdown | Up to 10% |
Trading Platforms | MT4, MT5, cTrader, DXTrade, Match-Trader |
Commission Per Round Lot | Varies |
Trustpilot Score | 4.7 out of 5 |
Payout Frequency | Weekly |
Established Country | United Kingdom |
Established Year | 2021 |
Funded Trading Plus Advantages and Disadvantages
It's recommended to take a look at the pros and cons before choosing a prop firm for trading in order to make a better decision. Table of Advantages and Disadvantages:
Advantages | Disadvantages |
Profit Split Scalable Up to 100% | Relatively Low Maximum Leverage |
No Minimum Trading Days | - |
Scaling Program Up To $2.5 Million | - |
Flexible Trading Conditions | - |
Funding & Price
Funded Trading Plus offers various account sizes and evaluation options to suit different trader needs. In this section, we will have a brief and general look at the structure:
- Prices: One-time fees for challenges start from $119 up to $4,500.
- Account Size: From $5,000 on instant funding account to $200,000 on evaluation plans, scalable up to $2,5M
Evaluation Stages: What Are The Rules?
Prop firms typically offer several various evaluation plans to attract every trader's attention. Funded Trading Plus provides One-Phase, Two-Phase, and Instant evaluation types with different programs. We will review each program in the tables below.
One-Phase Experienced:
- | $12,500 | $25,000 | $50,000 | $100,000 | $200,000 | ||||
Profit Split | Up to 100% | ||||||||
Profit Target | 10% | ||||||||
Max. Total Loss | 6% | ||||||||
Max. Daily Loss | 4% | ||||||||
Min. Withdrawal Amount | $50 | ||||||||
Min./Max. Trading Days | None | ||||||||
Fees | $119 | $199 | $349 | $499 | $949 | ||||
Two-Phase Premium:
- | $25,000 | $50,000 | $100,000 | $200,000 |
Profit Split | Up to 100% | |||
Profit Target | 8-5% | |||
Max. Total Loss | 8% | |||
Max. Daily Loss | 4% | |||
Min. Withdrawal Amount | $50 | |||
Min./Max. Trading Days | None | |||
Fees | $247 | $397 | $547 | $1,097 |
Two-Phase Premium Advanced:
- | $25,000 | $50,000 | $100,000 | $200,000 |
Profit Split | Up to 100% | |||
Profit Target | 10-5% | |||
Max. Total Loss | 10% | |||
Max. Daily Loss | 5% | |||
Min. Withdrawal Amount | $50 | |||
Min./Max. Trading Days | None | |||
Fees | $199 | $349 | $499 | $949 |
Instant Funding:
- | $25,000 | $50,000 | $100,000 | $200,000 |
Profit Split | Up to 100% | |||
Profit Target | N/A | |||
Max. Total Loss | 6% | |||
Max. Daily Loss | 6% | |||
Min. Withdrawal Amount | $50 | |||
Min./Max. Trading Days | None | |||
Fees | $199 | $349 | $499 | $949 |
There's a leverage up to 1:30 available via all programs. Also, note that you can't hold your positions on Instant Funding accounts during the weekend.
Does Funded Trading Plus Offer Any Bonuses and Promotions?
During our investigations of the firm and its services, we found out that it does not offer any active bonuses and promotions at the moment. On the other hand, We found promo codes on the official websites:
- 10% off, 120% refund, and 100% profit with [10EVAL]
- 15% off on all programs with [15EVAL]
These platforms offer a wide range of technical analysis tools, indicators, and customization options to suit various trading styles. However, cTrader, MT4, and MT5 are not available for clients from the United States.
Which Instruments Can I Trade on Funded Trading Plus Prop Firm?
This company offers an average range of tradable instruments with some of the most traded symbols. FT+ Instruments:
- Forex Pairs: Major, minor, and exotic currency symbols
- Indices: 9 assets from global indices
- Commodities: BRENT, WTI, XAUUSD, and XAGUSD
- Cryptocurrencies: BCHUSD, BTCUSD, ETHUSD, and LTCUSD
Payment Options
Nowadays, you can make and process payments through many different providers and methods. Funded Trading Plus offers several payment options for both challenge fees and profit withdrawals. Payout Methods in FT+:
- Cryptocurrencies: Could be done via exchanges or crypto wallets
- Bank Transfers: Through bank accounts
Regarding fee payments, the methods are the same, in addition to credit/debit cards including VISA and Mastercard. These are some of the most common payment options among prop firms.
Does Funded Trading Plus Charge Fair Commissions and Costs?
Unfortunately, the firm's website does not provide much exact information regarding trading costs. It only says that the commission varies based on the broker you trade with.
Aside from this, it's clear that there are no withdrawal or payment fees charged by Funded Trading Plus.
Trust Scores and Evaluations
Trust reviews are always good indicators of a company's performance and track record. Funded Trading Plus has built a strong reputation in the prop trading industry, considering its high trust rating. Here, we will take a look at the firm's form on the Trustpilot website:
- A high score of 4.7/5 from over 2,000 reviews;
- Over 90% of the scores are 5-star;
- Takes less than a month to reply to negative reviews.
Funded Trading Plus Customer Services
The company provides some of the most common and popular contact channels for the support team:
- Live Chat: On the website
- Phone Call: Via +44 333 090 9800
- Email: info@fundedtradingplus.com
- Ticket: Available through the website
Based on our investigations, the FTP support department is available to answer clients' inquiries 24/7.
Social Media Channels and Pages
Funded Trading Plus provides updates and insights on several social media platforms. You can find the links to the relevant accounts here:
- X (formerly Twitter): https://twitter.com/FundedTradingP
- Instagram: https://www.instagram.com/fundedtradingplus/
- Facebook: https://www.facebook.com/fundedtradingplus
- TikTok: https://www.tiktok.com/@fundedtradingplus
- Discord: https://discord.gg/8fjYcFUXx7
- YouTube: https://www.youtube.com/channel/UCjLm1Y5uASg7Vo6jsX75Qqg
Expert Suggestions
Funded Trading Plus is a prop firm with attractive features, including a profit split of up to 100%, funding scalable up to $2.5M, and an instant funding program. These could be more than enough to consider a prop firm a very good one.
However, you should always conduct your own thorough research before making any final decisions. Also, it does not have the highest level of leverage available on the market, which is up to 1:30.
