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Funded Trading Plus

Funded Trading Plus

4.7

Based on Trustpilot

Established
Milos Mosovsky IconSimon Massey
March 2024 IconNovember 2021
United Kingdom
Platform
MT5 IconMT5Funded Trading Plus
MT4 IconMT4Funded Trading Plus
Crypto IconCTraderFunded Trading Plus
Group 1321314963 IconDX Trade
InstantFunded Trading Plus
1 StepFunded Trading Plus
2 StepFunded Trading Plus
3 Step

Select number of step

Firm

Discount

Size

Steps

Profit Split

Profit Target

Max Drawdown

Daily Drawdown

Commission

Leverage

Trust Pilot Rating

Cashback

Buy

Funded Trading Plus

Funded Trading Plus

$4.5k

$4k

12% OFF

100k

0 Step

80%

0

6%

6%

$7

30

4.8

$101

buyIcon
Funded Trading Plus

Funded Trading Plus

$499

$439.1

12% OFF

100k

1 Step

80%

10%

6%

4%

$7

30

4.8

$11

buyIcon
Funded Trading Plus

Funded Trading Plus

$349

$307.1

12% OFF

50k

2 Step B

80%

10%

10%

5%

$7

30

4.8

$8

buyIcon
Funded Trading Plus

Funded Trading Plus

$119

$104.7

12% OFF

12.5k

1 Step

80%

10%

6%

4%

$7

30

4.8

$2

buyIcon
Funded Trading Plus Company Overview

Funded Trading Plus is a UK-based prop firm founded in November 2021 by Simon Massey, offering traders up to $200,000 in capital after passing their trading challenge. With funding options from $5,000 (instant funding model) to $200,000, traders can scale their accounts to $2,500,000 with profit splits up to 80%. Funded Trading Plus stands out for its minimal restrictions, a proven track record since 2021, and minimal delays. They have over 2,000 reviews on Trust Pilot with a rating of 4.7.

Rules

Funded Trading Plus, established in November 2021 and based in the UK, offers a notable presence in the prop trading landscape. With a focus on stability and consistency, this firm has built a reliable track record, providing traders with a dependable platform for their trading endeavors.

To access the best discount with Funded Trading Plus, you can use the code PROPVATOR at checkout. This discount code offers the highest available discount at the time of purchase.

Funded Trading Plus - Accepted Trading Styles

Swaps with Funded Trading Plus

Funded Trading Plus is not a swap-free firm; swap fees apply for holding positions overnight. However, they claim that their trading costs are minimal and competitive, ensuring traders have a fair environment.

Expert Advisors with Funded Trading Plus

Traders are allowed to use Expert Advisors (EAs) with Funded Trading Plus. While most EAs are accepted, it’s advisable to confirm any specific EA with their support team via live chat to ensure compliance with their policies.

News Trading with Funded Trading Plus

Funded Trading Plus permits trading during news events, allowing traders to take advantage of market volatility. However, once in the funded stage, traders cannot open positions two minutes before and two minutes after major news announcements to manage risk effectively.

Weekend Holding with Funded Trading Plus

Traders can hold positions over the weekend without restrictions, providing flexibility for longer-term strategies without interruptions.

Hedging with Funded Trading Plus

Hedging strategies are supported within a single trading account, enabling traders to open opposing positions on the same asset. However, it’s essential to remember that hedging across different accounts is prohibited.

HFT with Funded Trading Plus

High-frequency trading (HFT) is restricted at Funded Trading Plus, similar to many other prop firms. This measure is in place to maintain market integrity.

Accounts

Funded Trading Plus offers a straightforward account structure with three main options: Instant Funding, 1 Step, and 2 Step accounts. Here’s a closer look at their popular 2 Step accounts

Advanced Trader Program

The Two-Step Account requires traders to complete two phases before receiving funding, with specific profit targets in each step.

Profit Target 1 IconProfit Target 1
10%
Profit Target 2 IconProfit Target 2
5%
Daily Drawdown IconDaily Drawdown
5%
Max Drawdown IconMax Drawdown
10%

Premium Trader Program:

The Two-Step Account requires traders to complete two phases before receiving funding, with specific profit targets in each step.

Profit Target 1 IconProfit Target 1
8%
Profit Target 2 IconProfit Target 2
5%
Daily Drawdown IconDaily Drawdown
4%
Max Drawdown IconMax Drawdown
8%

Drawdown

Funded Trading Plus employs a static drawdown calculation method, helping traders manage their risk effectively. All accounts have a Maximum Daily Drawdown of 5%, calculated at the end of each trading day.

How is Maximum Daily Drawdown Calculated?

Example 1Equity is Higher than the Balance at the Start of the DayOn day 5, if your account balance is $105,000 and your equity is $107,000, the Daily Loss Limit will be calculated based on equityDaily Loss = $107,000 * 5% = $5,350 Daily Loss Limit.This means your equity can't drop below $107,000 - $5,350, resulting in a Daily Loss Limit of $101,650 on day 5. If your equity falls below $101,650 at any time during that day, your account will be closed.
Example 2Balance is Higher than the Equity at the Start of the DayOn day 7, if your account balance is $100,000 but your equity is only $99,000, the Daily Loss Limit will be based on balanceDaily Loss = $100,000 * 5% = $5,000 Daily Loss Limit.This means your equity can't drop below $100,000 - $5,000, giving a Daily Loss Limit of $95,000 on day 7. If your equity falls below $95,000 at any moment that day, your account will be closed.

Platforms

Funded Trading Plus supports several popular trading platforms, including MT4, MT5, and cTrader. This range allows traders to choose the platform that best fits their trading style and preferences.

MetaTrader 4 and 5 (MT4 & MT5)

Both MT4 and MT5 are widely recognized for their user-friendly interfaces and robust features, catering to various trading strategies.

cTrader

cTrader is also supported, known for its intuitive design and advanced trading capabilities, providing additional options for traders.

Conditions

Funded Trading Plus has a clear commission structure across its trading assets, calculated per round lot.

Commision

Forex IconForex$7 per round lot
Gold IconGold$7 per round lot
Indices IconIndicesNo commission
Crypto IconCryptoNo commission

This straightforward commission structure helps traders understand their costs and plan their trades accordingly.

Leverage

Leverage options at Funded Trading Plus vary depending on the asset type. Here’s a breakdown of the leverage provided:

Forex IconForex: 1:30
Gold IconGold: 1:30
Indices IconIndices: 1:20
Crypto IconCrypto: 1:2

These leverage levels allow traders to manage their risk while pursuing their trading strategies.

Restrictions

Cuba IconCuba
North Korea IconNorth Korea
Syria IconSyria
Iran IconIran
Myanmar

Conclusion

The Advanced Trader Program for a $100K 2 Step account is priced at $499, while the Premium Trader Program costs $547. Remember to apply the code ‘PROPVATOR’ at checkout to receive the best available discount for your purchase.

FAQ