Navigating the trading world often poses a barrier: limited trading capital. Many, especially retail traders, find this lack of resources a deterrent to diving headfirst into full-time proprietary trading. In recent times, the emergence of over 50 prop firms has given traders hope.
Among these prop firms, the standout, “Funded Trading Plus,” nestled in London’s financial district, is redefining prop trading firm standards. Unlike many other prop firms, Funded Trading Plus isn’t just another name. It promises direct funding programs with three distinct trading programs, guarantees payments within 3 days post evaluation phases, and numerous other benefits, all for a refundable fee.
Are you intrigued by Funded Trading Plus’s offerings? This review will look at its benefits and take a deep dive into Funded Trading Plus reviews and ratings. Keep reading to see if it aligns with your trading goals.
Learn More About Funded Trading Plus
What is Funded Trading Plus?
Trade Room Plus, started in 2013, carved its niche as the UK’s frontrunner live trade room, setting the bar with live trading sessions. Within the Trade Room Plus community, a challenge was evident: even the skilled traders, experienced traders, to be precise, were hampered by limited trading capital.
This is the pain point that Funded Trading Plus solves. The vision behind Funded Trading Plus rests on the shoulders of its three founders: Simon Massey, James F., and Michael C. Simon.
But Funded Trading Plus wasn’t just an offshoot of Trade Room Plus. It was an evolution, crafted to bridge the gap between trader aspirations and the realistic trading objectives, tapping insights from both Wall Street and London. They don’t just provide funds; they’re committed to ensuring traders achieve their profit goals. Funded Trading Plus is more than a platform; it’s a movement to democratize trading.
Funded Trading Plus Account Options
Funded Trading Plus offerings are segmented into three major programs.
The Experienced Trader Program Account is designed for those already seasoned in the game. Participants are ushered into a single evaluation phase, where they chase profit targets of 10% while ensuring daily drawdown doesn’t exceed 3% and a maximum drawdown limit of 6%. With no time restrictions and an unlimited time window, this program stands out. Successfully meeting the evaluation type grants traders an 80% profit share. Exceptional traders can see their account balance soar up to a whopping $2.5 million.
Then comes the Advanced Trader Program Account, organized with an industry-standard two-phase evaluation. Traders aim for a 10% profit in phase one and 5% in the next, adhering to drawdown rules of 10% total and 5% daily. Upon passing these phases, they are granted a live trading account, enjoying an 80% profit split. This program also endorses account growth, promoting compounded profits.
The pinnacle is the Master Trader Program Account. Tailored for the professional traders, it waives the evaluation entirely. Here, the trading rules are a 5% maximum trailing drawdown with favorable profit levels. Initially, the profit split stands at 70-30, but exceptional performance can get traders to 90-10.
Regardless of the chosen path, fees vary depending on the account size. A heads-up for traders in the UK and Europe: VAT gets deducted during checkout.
Funded Trading Plus Reviews and Ratings
Funded Trading Plus has an impressive 4.9 out of 5.0 rating on Trustpilot from over 1600 user reviews. To get a better feel for the service, lets look at the Funded Trading Plus reviews and ratings to see what actual users are saying:
Jackie Ta
The best prop firm in the industry
Funded Trading Plus is the best prop firm in the industry, with their scaling program you can double your account size after every 10% profit, that’s a difference of 75% from other firms scaling programs. If you are a good trader I highly recommend you take advantage of this prop firm scaling rules to quickly build capital.
Date of experience: July 30, 2023
Isaiah Renaud
Aug 9, 2023
Great prop form for beginner traders
Great prop form for beginner traders. The daily and overall drawdown rules are great for forming good habits and creating profitable traders. If you can pass a funded you will have learned the skill of trading. I recommend the experienced program as the best “teacher” with the harshest rules.
Date of experience: August 09, 2023
Richard coe
Aug 7, 2023
A trusted, professional prop firm.
I have traded over the last 5 years and over the last year with prop firms. FTP are by far the most trusted and reliable firm I have traded with. They are very transparent and whenever I have contacted support they have always shown great customer service, even outside of normal trading hours. Payouts are swift and the tools for managing your account and withdrawals is excellent. Would confidently
recommend to any aspiring trader.
Date of experience: August 07, 2023
Funded Trading Plus has an impressive 4.9 out of 5.0 rating on Trustpilot from over 1600 user reviews. To get a better feel for the service, lets look at the Funded Trading Plus reviews and ratings to see what actual users are saying:
Final Thoughts
Funded Trading Plus fills a crucial void in the trading arena. By showcasing varied programs mapped to diverse needs, they’re not merely extending capital, they’re creating opportunities. Whether you’re a veteran in forex trading style or just charting the initial steps of your trading journey, this platform might be what you need. Eager to explore further? Click here to get started today!
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