Funded Trading Plus (FT+) offers a streamlined path to financial leverage through its one-phase challenge, designed specifically for seasoned traders. This challenge allows participants to manage a simulated trading account with a balance ranging from $12,500 to $400,000 under realistic market conditions. The following article provides a detailed breakdown of the challenge's pricing, rules, and benefits, ensuring candidates understand what to expect and how to maximize their trading potential.
Challenge Pricing and Account Sizes
The FT+ one-phase challenge is available in multiple account sizes, each with its corresponding entry fee:
- $12,500 account for $119
- $25,000 account for $199
- $50,000 account for $349
- $100,000 account for $499
$400,000 account for $949
These fees are refundable upon achieving a 10% simulated profit, emphasizing the challenge’s focus on rewarding successful trading.
Key Features of the Program
Drawdown Rules
The challenge implements a balance-based drawdown with a maximum loss limit set at 6% of the account size. Additionally, a daily loss limit of 4% prevents excessive risk-taking.
Trading Conditions
Participants are allowed to engage in copy trading and use Expert Advisors (EAs), accommodating a broad range of trading strategies, including news trading. This flexibility supports traders who rely on automated systems or those who prefer to trade during high-impact news events.
Profit Target and Payouts
The primary goal for traders is to reach a 10% profit target. Achieving this allows for weekly payouts, providing regular returns on successful trading activities.
Scaling Opportunities
A distinctive feature of the FT+ challenge is its scaling plan. Traders can request to scale their account size by 10% for every 10% of profit made, with no minimum time requirements, promoting aggressive growth for consistent performers.
Trading Leverage
The maximum simulated leverage offered is 30:1, providing substantial market exposure to capitalize on small price movements.
Minimum Trading Conditions
There are no minimum trading days required, giving traders the freedom to achieve the profit target at their own pace without pressure.
Additional Benefits
- Hold over the weekend? Yes
- Simulated stop loss required? No
- Minimum withdrawal criteria: Withdrawals can begin from day 0 (first day) and then on a weekly basis.
Minimum withdrawal amount: $50, with no associated fees.
Special Offers
Participants using the coupon code “TRUSTED” receive a 10% discount on their initial fee, lowering the barrier to entry and enhancing the accessibility of the challenge.
Conclusion
The Funded Trading Plus one-phase challenge presents an excellent opportunity for experienced traders to prove their skills and earn substantial profits with controlled risk. With features like no minimum trading days, a generous scaling plan, and the allowance for automated trading strategies, FT+ caters to a wide array of trading styles and preferences. This challenge is not just a test of trading ability but a gateway to becoming a professional trader with the potential for significant financial rewards.