Review
Funded Trading Plus

“Funded Trading Plus Review: A Comprehensive Analysis of a Promising Trading Program“

“Funded Trading Plus: Accelerating Growth as a Top Prop Firm Provider with Lucrative Profit Splits, Diverse Programs, and Competitive Pricing!”

Funded Trading Plus, a rapidly expanding provider of proprietary trading services, has been experiencing significant growth thanks to its diverse program offerings. The company takes pride in its commitment to providing transparent and easily understandable trading rules, an enticing profit sharing model that reaches up to 90%, and competitive pricing structures. Their entry-level program starts with a minimum investment of $12,500, granting traders access to trading volumes of up to $2,500,000. Additionally, what sets Funded Trading Plus apart is its provision of trading opportunities across a wide array of financial instruments, encompassing Forex, indices, commodities, and an extensive range of cryptocurrencies.

At Funded Trading Plus, traders are not only encouraged but also empowered to advance in their careers. The company allows them to enhance their profit potential by offering the opportunity to trade accounts valued at up to $200,000 before becoming eligible to scale their accounts up to $2,500,000. Traders can select from various assessment phases, such as a single assessment phase, a two-phase challenge, or direct funding. Upon successfully completing these phases, traders can reap the rewards of profit splits reaching as high as 90% on their earnings.

Who are Funded Trading Plus

Founded on November 2, 2021, and officially launched on December 16, 2021, Funded Trading Plus operates as a proprietary trading company, headquartered in London, UK. Their seamless integration of technology is made possible through a partnership with EightCap, an ASIC-regulated broker based in Melbourne, Australia. Funded Trading Plus’s main office is located at 7 Bell Yard, London, England, WC2A 2JR.

Who serves as the CEO of Funded Trading Plus?

Simon Massey is the Chief Executive Officer (CEO) of Funded Trading Plus, a financial firm. In his early career, he initially worked in emergency services as a first responder, driven by his passion for adrenaline-fueled experiences. However, after a decade of service, Simon realized that this path did not align with his long-term aspirations. This realization prompted him to take a break and contemplate his future.

During this break, Simon was inspired by his friend, Pasha, who had previously worked as a trader for a well-known Wall Street bank and had found success as a retail trader. Through his interactions with Pasha, Simon discovered the many opportunities in the financial sector, which motivated him to explore independent trading. After a couple of years, Simon made the decision to leave his job and fully commit to trading.

In addition to his own trading activities, Simon also dedicated his time to assisting and mentoring others in their trading journeys. This led to the establishment of Trade Room Plus, a platform where he and Michael could share their expertise and guide individuals in starting their trading pursuits. However, the idea for Funded Trading Plus stemmed from Pasha’s significant advantage over typical retail traders – access to substantial capital resources. By forming a proprietary trading firm, Simon and his team enable individuals to participate in trading activities with larger capital amounts that would typically be out of reach for the average retail trader.

Funding Options

Funded Trading Plus offers its trader three different programs to choose from:

• Experienced trader program
• The advanced trader program
• Master trader program

Experienced Trader Program

The Funded Trading Plus program for experienced traders doesn’t impose any time restrictions and allows traders to utilize a leverage ratio of 1:30. In the evaluation phase, traders are required to meet a 10% profit goal while adhering to a maximum daily loss of 3% and a maximum trailing drawdown of 6%. It’s important to note that traders have the freedom to trade at their own pace during this evaluation period, without specific daily trading obligations.

Upon successful completion of the evaluation phase, traders receive a funded account with no profit targets. The only conditions are to maintain the maximum daily loss of 3% and a maximum trailing drawdown of 6%. Traders can request weekly payouts by achieving a profit exceeding $50. Notably, the initial profit split is initially set at 80%, but this can be increased to 90% when the trader scales up their account for the first time.

Furthermore, the experienced trader program offers a scaling plan, which is detailed in the accompanying spreadsheet. To become eligible for scaling up their account, traders only need to reach a 10% profit target. Withdrawals are allowed before scaling up, but it’s essential to maintain a minimum of 10% profit in the account to proceed with scaling up.

Example:

1. $200,000 – starting account balance
2. $216,000 – drawdown now fixed at $200,000
3. $216,000 – $6,000 = $210,000 – new balance after withdrawal
4. $210,000 + $16,000 = $226,000 – new account balance
5. $226,000 + $200,000 = $426,000 – scaled up account with profit, drawdown now fixed at $400,000
6. $426,000 – $10,000 = $416,000 – new balance after withdrawal

This example shows us how a trader may decide to manage their account by withdrawing profits along the way while also being able to scale up.

Trading instruments for the experienced trader program account are forex pairs, commodities, indices, and cryptocurrencies.

Experience trader program account rules

• The profit target refers to a specific percentage of profit that traders must achieve before they can successfully conclude an evaluation phase, withdraw profits, or expand their accounts. During the evaluation phase, the profit target is set at 10%.
• The maximum daily loss represents the highest allowable amount of loss that traders can incur within a single day before their account becomes in violation. For all account sizes, the maximum daily loss is limited to 3%.
• The maximum trailing drawdown denotes the greatest decline in the account balance, measured as the difference between the highest balance achieved and the maximum drawdown. For all account sizes, the maximum trailing drawdown is capped at 6%.
• When considering third-party copy trading risk, it is important to acknowledge that utilizing a third-party copy trading service may involve other traders employing the same trading strategy. Consequently, there is a potential risk of being denied a funded account or withdrawal if the maximum capital allocation rule is exceeded.
• Third-party EA risk pertains to the usage of a third-party EA (Expert Advisor) where other traders might also be utilizing the identical trading strategy. Employing a third-party EA entails the potential risk of being denied a funded account or withdrawal if the maximum capital allocation rule is surpassed

The Advance Trader program account

Funded Trading Plus offers an advanced trader program account designed to identify dedicated and skilled traders, with rewards based on their consistent performance throughout a two-phase evaluation period. During this evaluation period, traders can utilize leverage of up to 1:30.

In the first evaluation phase, traders must achieve a 10% profit target without exceeding a maximum daily loss of 5% or a maximum trailing drawdown of 10%. There are no specific requirements regarding the number of trading days to move to the second phase.

In the second phase of evaluation, traders need to meet a 5% profit target while adhering to the same maximum daily loss and maximum trailing drawdown rules. Once again, there are no minimum or maximum trading day requirements to qualify for a funded account.

Upon successful completion of both evaluation phases, traders gain access to a funded account with no specific profit targets. The primary requirements are to maintain a maximum daily loss of 5% and a maximum trailing drawdown of 10%. Traders can request a payout by achieving a weekly profit exceeding $50. It’s worth noting that initially, there’s an 80% profit split, which can be increased to 90% when the account is first scaled.

The advanced trader program accounts also include a scaling plan, which is detailed in the provided spreadsheet. To be eligible for scaling up the account, the sole requirement is to reach a 20% profit target. While withdrawals can be made before scaling up, it’s essential to have a minimum 20% profit in the account to proceed with the scaling process.

Example:

1. $100,000 – starting account balance
2. $116,000 – drawdown now fixed at $100,000
3. $116,000 – $6,000 = $110,000 – new balance after withdrawal
4. $110,000 + $16,000 = $126,000 – new account balance
5. $126,000 + $100,000 = $226,000 – scaled up account with profit, drawdown now fixed at $200,000
6. $226,000 – $10,000 = $216,000 – new balance after withdrawal

This example shows us how a trader may decide to manage their account by withdrawing profits along the way while also being able to scale up.

Trading instruments for the advanced trader program account are forex pairs, commodities, indices, and cryptocurrencies.

The advanced trader program account rules

• A profit target refers to a specified percentage of profit that traders must achieve before they can successfully complete an evaluation phase, withdraw profits, or expand their trading account. In phase 1, the profit target is set at 10%, while phase 2 requires a profit target of 5%. However, funded accounts are exempt from profit targets.
• The maximum daily loss represents the highest allowable amount of loss that traders can incur on a daily basis without violating their account terms. For all account sizes, the maximum daily loss is limited to 5%.
• Maximum trailing drawdown indicates the largest decline in an account’s balance from its highest point to the lowest point. This drawdown is measured as a percentage of the account’s highest balance. Regardless of the account size, the maximum trailing drawdown is set at 10%.
• Stop-loss required mandates that traders must set a stop-loss order for every trade before they can initiate the position.
• No weekend holding policy prohibits traders from maintaining open positions over the weekends.
• Third-party copy trading risk highlights the potential hazards associated with utilizing copy trading services from external providers. It is important to be aware that such services may already be utilized by other traders employing identical trading strategies. By opting for a third-party copy trading service, there is a risk of being denied a funded account or withdrawal if the maximum capital allocation rule is exceeded.
• Third-party EA risk emphasizes the potential risks involved in using third-party Expert Advisors (EAs) for trading purposes. Similar to copy trading, other traders may already be using the same trading strategy through the third-party EA. Employing such an EA carries the risk of being denied a funded account or withdrawal if the maximum capital allocation rule is surpassed.

.

Master Trader Program account

Funded Trading Plus offers the master trader program account, granting traders the opportunity to commence earning profits instantly, without the need for an evaluation process. Within this program, traders can receive profit splits varying from 70% to 90%, dependent on the profits generated through trading with a leverage ratio of 1:30. Moreover, the master trader program accounts incorporate a scaling strategy, which is outlined in the provided spreadsheet. To qualify for increasing the size of your account, the sole requirement is to achieve a 10% profit target. While you are permitted to make withdrawals before scaling up, it is essential to have a minimum profit of 10% in your account to proceed with the scaling process.

Example:

1. $100,000 – starting account balance
2. $108,000 – drawdown now fixed at $100,000
3. $108,000 – $3,000 = $105,000 – new balance after withdrawal
4. $105,000 + $8,000 = $113,000 – new account balance
5. $113,000 + $100,000 = $213,000 – scaled up account with profit, drawdown now fixed at $200,000
6. $213,000 – $5,000 = $208,000 – new balance after withdrawal

This example shows us how a trader may decide to manage their account by withdrawing profits along the way while also being able to scale up.

Trading instruments for the master trader program account are forex pairs, commodities, indices, and cryptocurrencies.

Master trader program account rules

• The maximum trailing drawdown refers to the largest decline in value experienced by an account, which is measured by the difference between the highest balance achieved and the lowest point during that decline. For all account sizes, the maximum trailing drawdown is capped at 5%.
• The policy of no weekend holding implies that traders are prohibited from maintaining open positions over the weekends.
• Third-party copy trading risk indicates that when considering the use of copy trading services, it is important to acknowledge that such services may already be utilized by other traders employing identical trading strategies. By opting for a third-party copy trading service, there is a potential risk of being denied access to a funded account or withdrawal if the maximum capital allocation rule is exceeded.
• Third-party EA risk suggests that when contemplating the use of an EA (Expert Advisor), it is crucial to recognize that other traders might already be employing the same trading strategy through a third-party EA. By utilizing a third-party EA, there is a potential risk of being denied access to a funded account or withdrawal if the maximum capital allocation rule is surpassed.

What makes Funded Trading Plus different

Funded Trading Plus differentiates itself from the leading proprietary trading firms through its three unique funding programs: Experienced, Advanced, and Master. Importantly, it places minimal restrictions on trading styles, permitting traders to engage in activities like trading during news releases, holding positions overnight, and even trading on weekends (except for the Advanced and Master programs).

When compared to other proprietary trading firms, Funded Trading Plus’s Experienced Trader Program operates as an evaluation process, requiring completion of a single phase for eligibility to receive payouts. The program sets a profit target of 10% and establishes a maximum daily loss limit of 3% and a maximum trailing drawdown cap of 6%. Unlike many other industry leaders, Funded Trading Plus imposes no specific minimum or maximum trading day requirements for accounts in the Experienced Trader Program, allowing traders to progress at their own pace.

Conversely, Funded Trading Plus’s Advanced Trader Program follows a two-phase evaluation structure, necessitating successful completion of both phases before traders can qualify for payouts. Phase one involves achieving a 10% profit target, and phase two requires a 5% profit target. This program also sets a maximum daily loss limit of 5% and a maximum trailing drawdown cap of 10%. Similar to the Experienced Trader Program, there are no prescribed minimum or maximum trading day requirements, enabling traders to advance at their own pace.

In contrast to other proprietary trading firms, Funded Trading Plus stands out by offering master trader programs that serve as direct funding initiatives. These programs do not impose a maximum daily loss limit but require a 5% maximum trailing drawdown. Additionally, traders are not bound by specific minimum or maximum trading day obligations. Remarkably, Funded Trading Plus eliminates the need for profit targets to qualify for weekly payouts and offers profit splits ranging from 70% to 90%. The only prerequisite is achieving a minimum profit threshold of $50.

In summary, Funded Trading Plus distinguishes itself from other prominent firms in the industry by offering three distinct funding programs and establishing clear, trader-friendly rules that allow for flexible trading styles, including during news events, overnight positions, and weekends (excluding the Advanced and Master programs).

Is getting capital realistic

When assessing proprietary trading firms that match your forex trading style, it’s crucial to evaluate whether their trading requirements are realistically attainable. While the idea of a company offering a substantial profit share on a well-funded account may initially appear attractive, it’s essential to consider the feasibility of achieving high monthly gains while keeping maximum drawdown percentages low. Such conditions significantly reduce the chances of achieving success in this situation.

The possibility of obtaining capital through the experienced trader program accounts primarily hinges on their reasonable profit targets, which average around 10%, and the implementation of maximum loss regulations (with a maximum daily loss of 3% and a maximum trailing drawdown of 6%).

Likewise, the feasibility of securing capital through the advanced trader program accounts is mainly based on their realistic profit targets (10% in phase one and 5% in phase two) and the application of maximum loss rules (with a maximum daily loss of 5% and a maximum trailing drawdown of 10%).

Opting for the master trader programs is also a viable choice since they function as direct funding programs that allow you to begin earning immediately. There are no specific profit targets to meet, and you have the flexibility to request withdrawals every week.

Considering all these factors, Funded Trading Plus emerges as an excellent option for securing funding. Their three distinct funding programs offer achievable trading goals and establish the conditions for receiving payouts.

Proof of payments Funded Trading Plus is a proprietary trading firm that was officially incorporated on November 2, 2021, and was launched on December 16, 2021. You can find most of their payment evidence on their Discord platform, specifically in the “payouts” channel.

Another reliable source of payment verification is their YouTube channel, where they conduct interviews with successful traders who have received payouts.

Which brokers does Funded Trading Plus use

Funded Trading Plus has successfully integrated its technology with Eightcap, a Melbourne-based broker regulated by ASIC. Established in 2009, Eightcap is dedicated to delivering top-notch financial services. With a global presence spanning five offices and regulatory compliance in multiple jurisdictions, they provide clients around the world with the opportunity to trade across various markets, including FX, indices, commodities, and shares.

Eightcap is considered to have a medium level of risk, with an overall Trust Score of 73 out of 99. They offer the following features:

• Forex Trading
• CFD Trading
• Cryptocurrency Trading
• Social Trading/Copy-Trading
• A total of 326 Tradable Symbols
• A total of 45 Forex Pairs

Eightcap offers two distinct types of trading accounts: Raw and Standard. Your choice between these two options will determine the applicable commissions and fees. Standard accounts include fees within the spread, while Raw accounts involve separate commissions. It’s important to note the existence of overnight fees, which are the interest charges for holding positions overnight.

As an exclusive MetaTrader broker, Eightcap grants access to both MetaTrader 4 and the newer MetaTrader 5 platforms developed by MetaQuotes Software Corporation. These platforms serve as the foundation for a personalized trading experience, supported by an efficient technological infrastructure. In recognition of their achievements, Eightcap was awarded the prestigious title of Best Global Forex MT4 Broker in 2020 at the Global Forex Awards.

In summary, Eightcap has partnered with Funded Trading Plus to offer professional traders integrated technology while adhering to ASIC regulatory standards. Their offerings cover diverse markets and account types, with fees dependent on your chosen account. Clients can utilize the user-friendly features and functionality of MetaTrader 4 and MetaTrader 5 platforms.

Trading Instruments: Funded Trading Plus provides a wide range of trading instruments, including forex pairs, commodities, indices, and cryptocurrencies, for you to trade.

Education and Support

Funded Trading Plus, an offshoot of Trade Room Plus established in 2013, stands as the premier live trade room in the United Kingdom for individual traders. Despite their absence from ForexFactory’s discussions, they have garnered substantial recognition in the ‘PROP FIRM HUB’ thread initiated by a user named Mastermind.

Furthermore, they offer clients a meticulously organized dashboard for efficient risk management in pursuit of their statistical goals. Funding Trading Plus also furnishes a detailed FAQ section to cater to clients’ inquiries and provide supplementary information.

For direct assistance, the support team can be reached through their social media channels or via email at info@fundedtradingplus.com.

Their dedicated live chat support is actively available to receive and respond to messages. If an agent is not immediately available, a response will be sent to the provided email address within 24 hours.

To obtain further information, you may contact Funding Trading Plus directly by calling their telephone number: +44 333 090 9800.

Additionally, the Funding Trading Plus Discord channel serves as a platform where the support team and community members offer assistance and address any technical difficulties encountered.

Clients review

“Funded Trading Plus has received overwhelmingly positive feedback from its community.

Trustpilot maintains a diverse and extensive user base that actively participates, resulting in an impressive rating of 4.9 out of 5 based on 1,262 reviews. Moreover, Trustpilot is renowned for its responsive and reliable customer support team, always ready to provide thorough information and resolve any customer concerns. Additionally, the platform is highly praised for its carefully crafted dashboard, a feature that resonates with a significant portion of its user community.”

Social media stats

Funded Trading Plus can also be found on social media.

They have a:

• Facebook page with 12k followers,
• Twitter account with 380 followers, and
• Youtube channel with 3,31k subscribers and 30 uploaded videos.

They also have a Discord channel with 8,647 members.

has a Discord channel with 46,110 members and a Telegram channel with 3,830 members for their community to interact with each other.

Conclusion

In summary, Funding Trading Plus stands as a reputable proprietary trading firm that affords traders the opportunity to choose from three distinct funding programs: the Experienced Trader, Advanced Trader, and Master Trader programs.

The Experienced Trader Program entails a structured evaluation process where participants are required to successfully complete a specific phase to qualify for payouts. This necessitates achieving a 10% profit target while adhering to maximum daily loss and maximum trailing drawdown rules of 3% and 6%, respectively. Engaging in the Experienced Trader Program enables traders to potentially earn profit splits of up to 90% and offers the potential for expanding their trading accounts.

On the other hand, the Advanced Trader Program follows a two-phase evaluation challenge, aligning with industry standards. Traders must successfully complete both phases to secure funding and become eligible for profit splits. Phase one mandates achieving a 10% profit target, while phase two involves reaching a 5% profit target. These targets are practical trading objectives, given the requirement to adhere to maximum daily loss and maximum trailing drawdown rules of 5% and 10%. Participation in the Advanced Trader Program offers traders the opportunity to earn profit splits of up to 90% and the potential to grow their trading accounts.

The Master Trader Program represents a direct funding path, allowing traders to bypass the evaluation period and immediately commence trading a funded account, thereby earning weekly profit splits. This program stands out by not imposing time limitations, lot size restrictions, or consistency rules. Engaging in the Master Trader Program can result in profit splits ranging from 70% to 90% and offers traders the potential to scale their trading accounts.

I wholeheartedly endorse Funded Trading Plus for individuals in search of a prop firm with transparent and well-defined trading rules. As a relatively new proprietary trading firm, they provide advantageous conditions through their three funding programs, catering to a diverse range of individuals with varying trading styles. Considering the comprehensive suite of offerings provided by Funded Trading Plus, they undeniably rank among the leading prop firms in the industry.

Subscribe to the Join Ranking Propfirms Newsletter

Please enable JavaScript in your browser to complete this form.Email *
Submit