Funded Trading Plus is one of the fastest growing prop firm providers. This is not surprising when you see the range of programs they offer. They provide simple rules, offer up to a 90% profit split and have competitive pricing. The entry level program starts from $12,500 and you can trade up to $2,500,000. FT+ offer Forex, indices, commodities and the largest crypto offering available.
Funded Trading Plus, an extension of Trade Room Plus, came into being subsequent to the establishment of Trader Room Plus in 2013. Trader Room Plus held a prominent position as the leading live trade room in the United Kingdom, serving retail traders. A recurring challenge faced by retail traders is restricted access to trading capital. Even with a solid grasp of effective money management principles, their trading endeavors are confined by the limited funds at their disposal. As a result, their potential for achieving noteworthy profits remains curtailed. This circumstance gives rise to an inherent injustice, as capable traders find themselves unable to showcase their skills due to the lack of financial resources. In light of this, the core aim of Funded Trading Plus is to sort out and eliminate this imbalance.
Introduction of Funded Trading Plus
| Company Details | Funded Trading Plus |
|---|---|
| CEO | Simon Massey |
| Incorporation Date | December 2021 |
| Location | London, UK |
| Maximum Account Size of Funding Programs | Experienced Trader Program: $200,000 Advanced Trader Program: $200,000 Premium Trader Program: $200,000 Master Trader Program: $100,000 |
Funding Programs
Experienced Trader Program
| Account Size | Account Price |
|---|---|
| $12,500 | $119 |
| $25,000 | $199 |
| $50,000 | $349 |
| $100,000 | $499 |
| $200,000 | $999 |
| Objectives | Objective Value |
|---|---|
| Profit Target | 10% |
| Daily Drawdown | 4% |
| Maximum Drawdown | 6% (Trailing) |
| Max Trading Period | Unlimited |
| Minimum Trading Days | No Minimum Trading Days |
| Profit Share | 80% up to 100% |
Advanced Trader Program
| Account Size | Account Price |
|---|---|
| $25,000 | $199 |
| $50,000 | $349 |
| $100,000 | $499 |
| $200,000 | $999 |
| Objectives | Objective Value |
|---|---|
| Profit Target (Phase 1) | 10% |
| Profit Target (Phase 2) | 5% |
| Daily Drawdown | 5% |
| Maximum Drawdown | 10% (Trailing) |
| Max Trading Period | Phase 1: Unlimited Phase 2: Unlimited |
| Minimum Trading Days | No Minimum Trading Days |
| Profit Share | 80% up to 100% |
Premium Trader Program
| Account Size | Account Price |
|---|---|
| $25,000 | $247 |
| $50,000 | $397 |
| $100,000 | $547 |
| $200,000 | $1,097 |
| Objectives | Objective Value |
|---|---|
| Profit Target (Phase 1) | 8% |
| Profit Target (Phase 2) | 5% |
| Daily Drawdown | 4% |
| Maximum Drawdown | 8% (Trailing) |
| Max Trading Period | Phase 1: Unlimited Phase 2: Unlimited |
| Minimum Trading Days | No Minimum Trading Days |
| Profit Share | 80% up to 100% |
Master Trader Program
| Account Size | Account Price |
|---|---|
| $5,000 | $225 |
| $10,000 | $450 |
| $25,000 | $1,125 |
| $50,000 | $2,250 |
| $100,000 | $4,500 |
| Objectives | Objective Value |
|---|---|
| Profit Target | No Profit Target |
| Daily Drawdown | 6% |
| Maximum Drawdown | 6% (Trailing) |
| Max Trading Period | Unlimited |
| Minimum Trading Days | No Minimum Trading Days |
| Profit Share | 80% up to 100% |
Comparison of the Two-step Program
Comparison of Funded Trading Plus & Funding Pips
| Objectives | Funded Trading Plus (Advanced) | Funded Trading Plus (Premium) | Funding Pips |
|---|---|---|---|
| Profit Target (Phase 1) | 10% | 8% | 8% |
| Profit Target (Phase 2) | 5% | 5% | 5% |
| Daily Drawdown | 5% | 4% | 5% (Can be scaled to 7%) |
| Maximum Drawdown | 10% (Trailing) | 8% (Trailing) | 10% (Can be scaled to 14%) |
| Max Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Profit Share | 80% up to 100% | 80% up to 100% | 80% up to 90% |
Comparison of Funded Trading Plus & Smart Prop Trader
| Objectives | Funded Trading Plus (Advanced) | Funded Trading Plus (Premium) | Smart Prop Trader |
|---|---|---|---|
| Profit Target (Phase 1) | 10% | 8% | 7% |
| Profit Target (Phase 2) | 5% | 5% | 5% |
| Daily Drawdown | 5% | 4% | 4% |
| Maximum Drawdown | 10% (Trailing) | 8% (Trailing) | 8% (Can be scaled to 28%) |
| Max Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Profit Share | 80% up to 100% | 80% up to 100% | 85% up to 90% |
Broker & Trading Platform
| Broker | Eightcap |
| Trading Platform | MetaTrader 4, MetaTrader 5 |
| Trading Instruments | Forex Pairs, Commodities, Indices, Crypto |
Conclusion
To draw a final conclusion, Funded Trading Plus is a reputable and trustworthy proprietary trading company that is managed by Simon Massey. They provide traders with an opportunity to choose between four unique funding programs. While working with them, you will be provided an account through Eightcap and trade on the MetaTrader 4 or MetaTrader 5 trading platform. As for trading instruments, you will be able to trade forex pairs, commodities, indices, and crypto. After considering everything that Funded Trading Plus brings to the table, we can consider them an excellent choice within the proprietary trading firm space.
Funded Trading Plus Review Details
