Funded Trading Plus Review

Introduction to Funded Trading Plus

The Most Trusted Prop Firm the Industry

Funded Trading Plus sets itself apart in the Funded Trading industry by providing a platform for experienced traders to showcase their talent. This industry leading firm operates on the principle that traders who can consistently predict market movements should be able to manage larger amounts of simulated capital. Here are some core principles and features highlighted by the company:

Simulated Trading with Real Payouts

One of the standout features of Funded Trading Plus is its approach to simulated trading with real payouts. Traders are given the chance to prove their trading prowess by participating in simulated programs, known as trader challenges. Successful traders in these programs can earn real funds in as little as one day, making it an attractive proposition for those looking to scale their trading activities.

Transparent and Fair Programs

Funded Trading Plus places a strong emphasis on transparency and fairness. They have designed their trading programs with straightforward and clear rules, ensuring that traders understand the terms and conditions before trading. This commitment to transparency can help traders make informed decisions and reduce the risk of misunderstandings. They have realistic targets in terms of days, drawdown and simulated profits, whilst they also allow most strategies. This means that you can increase your chances of getting a funded trading account, regardless of your prior experience or preferred style.

No Monthly Fees

Funded Trading Plus does not charge monthly fees unlike many other funded trading programs. This is a significant advantage for traders as it eliminates the financial pressure associated with monthly fees that can lead to rushed and potentially poor trading decisions.

Contribution to Research and Development

Participating in Funded Trading Plus programs benefits individual traders and contributes to the research and development of profitable trading strategies using big data. This collaborative approach to trading can particularly appeal to traders interested in the broader industry’s advancement.

Accessible Support

Funded Trading Plus offers fast and accessible support through the popular instant messaging service, Discord. This feature allows traders to promptly seek assistance from support agents and engage with other traders already profiting from the platform’s programs. In fact, they have some of the best support when it comes to forex prop firms, with prompt and helpful responses at all times.

Funded Trading Plus Review
Funded Trading Plus Review

Evaluation Types and Account Sizes

Funded Trading Plus offers a variety of evaluation types, each tailored to different levels of trading experience and risk tolerance. These evaluations serve as a pathway for traders to join the Funded Trading Plus team. Let’s delve into the details of each evaluation type and the associated account sizes:

One-Phase Experienced Accounts

Key Features:

  • Unlimited Maximum Simulated Trading Days: Traders in the One-Phase program have the flexibility to engage in unlimited simulated trading, allowing them to refine their strategies without time constraints.
  • Simulated Profit Split: The program features an 80/20 simulated profit split, which transitions to 90/10 once traders achieve a 20% simulated profit and 100/0 at 30%. This split rewards successful traders.
  • Simulated Profit Target: Traders in this phase must achieve a 10% simulated profit target.
  • No Minimum Simulated Trading Days: Unlike other programs, One-Phase does not impose a minimum trading day requirement.
  • Maximum Simulated Leverage: Traders have access to a maximum simulated leverage of 1:30.
  • Maximum Simulated Loss: The program limits maximum simulated losses to 6%, with a daily simulated loss of 4%.
  • Scaling Plan: Every 10% of simulated profit achieved triggers a scaling plan, allowing traders to grow their simulated capital size.
  • EAs Allowed: Expert Advisors (EAs) are permitted in this program, enabling automated trading strategies.
  • Weekend Holding: Traders have the flexibility to hold positions over the weekend.
  • Simulated Stop Loss: Traders are not mandated to have a simulated stop loss for their trades.

The One-Phase Experienced Accounts cater to traders with a range of account sizes, from $12.5k to $200k, making it accessible to traders with varying risk appetites and capital levels.

Two-Phase Premium Accounts

Key Features:

  • Unlimited Maximum Simulated Trading Days: Traders of the Premium program can engage in unlimited simulated trading.
  • Simulated Profit Split: Similar to One-Phase, the Premium program offers an 80/20 simulated profit split, transitioning to 90/10 after achieving a 20% simulated profit and 100/0 at 30%.
  • Simulated Profit Targets: Phase One requires an 8% simulated profit target, while Phase Two has a 5% target.
  • No Minimum Simulated Trading Days: Traders in both phases are not constrained by minimum trading day requirements.
  • Maximum Simulated Leverage: A maximum simulated leverage of 1:30 is available for Phases One and Two and the funded phase.
  • Maximum Simulated Loss: The program limits losses to 8%, with a daily simulated loss of 4%.
  • Scaling Plan: Similar to One-Phase, traders can access a scaling plan after achieving every 10% of simulated profit.
  • EAs Allowed: Expert Advisors (EAs) are permitted in both phases.
  • Weekend Holding: Traders have the flexibility to hold positions over the weekend.
  • Simulated Stop Loss: Traders are not mandated to have a simulated stop loss for their trades.

The Two-Phase Premium Accounts offer account sizes ranging from $25k to $200k, allowing traders to choose an account size that aligns with their trading goals.

Two-Phase Advanced Accounts

Key Features:

  • Unlimited Maximum Simulated Trading Days: Traders of the Advanced program have unrestricted access to simulated trading.
  • Simulated Profit Split: The program features an 80/20 simulated profit split, transitioning to 90/10 upon achieving a 20% simulated profit and 100/0 at 30%.
  • Simulated Profit Targets: Phase One requires a 10% simulated profit target, while Phase Two has a 5% target.
  • No Minimum Simulated Trading Days: Traders in both phases are not bound by minimum trading day requirements.
  • Maximum Simulated Leverage: A maximum simulated leverage of 1:30 is available.
  • Maximum Simulated Loss: The program limits losses to 10%, with a daily simulated loss of 5%.
  • Scaling Plan: Traders can access a scaling plan after achieving every 20% of simulated profit.
  • EAs Allowed: Expert Advisors (EAs) are permitted.
  • Weekend Holding: Unlike the Premium program, weekend holding is not allowed in the Advanced program.
  • Simulated Stop Loss: Unlike the Premium program, traders must have simulated stop losses for their trades.

The Two-Phase Advanced Accounts offer account sizes ranging from $25k to $200k, catering to traders comfortable with higher risk and higher profit targets.

Instant – No Evaluation Master Accounts

Key Features:

  • Unlimited Maximum Simulated Trading Days: Traders in the Master program can engage in unlimited simulated trading.
  • Simulated Profit Split: The Master program offers an 80/20 simulated profit split, transitioning to 90/10 at 20% simulated profit and 100/0 at 30% simulated profit.
  • No Profit Target: Traders in this program are not required to meet a specific profit target.
  • No Minimum Simulated Trading Days: There are no minimum trading day requirements for the Master program.
  • Maximum Simulated Leverage: Traders have access to a maximum simulated leverage of 1:30.
  • Maximum Simulated Loss: Maximum simulated losses are set to 6% in this program, and the daily simulated loss is also 6%.
  • Scaling Plan: Traders can access a scaling plan after achieving every 10% of simulated profit.
  • Minimum Withdrawal: Traders can request withdrawals immediately after making their first profit. Subsequently, they can only withdraw once every week. Also, the minimum withdrawal amount is $50.
  • EAs Allowed: Expert Advisors (EAs) are permitted in this program.
  • Weekend Holding: Weekend holding is not allowed in the Master program.
  • Simulated Stop Loss: Traders are not mandated to have a simulated stop loss for their trades.

The Instant – No Evaluation Master Accounts offer account sizes ranging from $5k to $100k, making it accessible to many traders without needing an evaluation phase.

Funded Trading Plus Coupon Codes & Discount

If you want to join Funded Trading Plus’s programs, you might wonder how to get discounts on their fees. One way to do that is by using coupon codes that can give you a percentage off or a flat amount off your initial payment or reset fees.

Coupon codes are special codes you can enter when you sign up for a program or request a reset on your account. They are usually alphanumeric and case-sensitive, so enter them correctly. You can find coupon codes on various websites, social media platforms, blogs, podcasts, or newsletters related to trading or Funded Trading Plus. Sometimes, Funded Trading Plus may offer coupon codes to their existing customers or partners to reward or promote their programs.

Using coupon codes is a smart way to save money and access more capital with Funded Trading Plus. However, coupon codes are not always available and may have limited validity or usage. Therefore, you should always check the terms and conditions of each code before using it. Also, remember that coupon codes are not the only factor determining your success as a trader. You must still follow the program’s rules, demonstrate good risk management, and trade consistently and profitably.

Conclusion

In conclusion, Funded Trading Plus presents an intriguing opportunity for traders of all experience levels who are seeking access to simulated capital without the burden of monthly fees or strict evaluation requirements. The platform’s commitment to transparency, diverse evaluation types, and flexible account sizes cater to a wide range of traders with varying experience levels and risk appetites.

However, it’s important for traders to carefully consider their trading strategies and risk tolerance before participating in Funded Trading Plus’ simulated programs. While the absence of monthly fees is a significant advantage, traders should know the simulated profit targets and maximum simulated loss limits associated with each program. That being said, they have some of the most transparent and fair trading conditions that I have seen from any forex prop firm.

Ultimately, Funded Trading Plus is a leading prop firm for traders who are confident in their abilities and wish to scale their trading activities with simulated capital that can be converted into real funds. It’s essential to conduct thorough research, understand the program terms, and assess whether Funded Trading Plus aligns with your trading goals and strategy before getting started.

FAQ

What is Funded Trading Plus’s maximum simulated drawdown?

Funded Trading Plus limits losses to 10% for both phases of the advanced accounts.

What is Funded Trading Plus’s simulated profit target?

Traders in the one-phase challenge must achieve a 10% simulated profit target. For the premium two-phase challenge, phase one requires an 8% simulated profit target, while phase two has a 5% target. For the advanced two-phase challenge, phase one requires a 10% simulated profit target, while phase two has a 5% target.

What are Funded Trading Plus’s minimum and maximum trading days?

Funded Trading Plus has no maximum or minimum trading days.

What are Funded Trading Plus’ challenge fees?

Funded Trading Plus’s challenge fees range from $119 to $4,500, depending on the evaluation type and account size.

Does Funded Trading Plus offer a retry?

Yes, Funded Trading Plus allows traders to reset their accounts if they fail the evaluation.

Does Funded Trading Plus offer a fee refund?

Yes, Funded Trading Plus offers a fee refund.

What is Funded Trading Plus’s profit split?

Funded Trading Plus offers up to a 100% profit split, in the trader’s favour.

Does Funded Trading Plus offer a scaling plan?

Yes, Funded Trading Plus offers a scaling plan.

Does Funded Trading Plus allow expert advisors?

Yes, Funded Trading Plus allows expert advisors.

Does Funded Trading Plus offer a free trial?

Based on the web search results, it seems like Funded Trading Plus does not offer a free trial.

What is Funded Trading Plus’s minimum deposit?

Based on the web search results, it seems like Funded Trading Plus does not have a minimum deposit.

What are Funded Trading Plus’s brokers?

Funded Trading Plus uses the regulated and well-regarded Eightcap broker. They are an award winning forex broker with some of the most competitive spreads in the market enabling you to trade major forex pairs with zero spread.

What are Funded Trading Plus’s platforms?

Depending on availability, traders can choose their preferred platform upon signing up with Funded Trading Plus.

What is Funded Trading Plus’s leverage?

Traders have access to a maximum simulated leverage of 1:30.

Is Funded Trading Plus legit?

Funded Trading Plus is a legit prop trading firm that allows traders to trade with large amounts of capital and keep up to 100% of the profits. They have a high rating on Trustpilot from over 1,900 user reviews and have been operating since 2021 in the UK. They also offer various features and benefits such as no time limits, crypto trading, EA support, TradingView integration, and fast withdrawals. However, they also have some drawbacks such as low leverage, complicated drawdown rules, and mandatory stop loss on some programs. Therefore, you should do your own research and due diligence before signing up for their programs.

Funded Trading Plus

$119
9

Features

9.0/10

Challenges

9.0/10

Value

9.0/10

Pros

  • Clear and fair trading rules
  • Profit split can reach industry leading 100%
  • Scalping options available
  • Low fees and excellent support
  • Good selection of trading instruments
  • Work with a well-known brokerage firm
  • Trade on both MetaTrader platforms
  • Overnight trading and holding is allowed
  • No minimum or maximum trading days
  • News trading is allowed

Cons

  • Leverage restricted to 1:30
  • No free trial
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