Funded Trading Plus offers traders a unique opportunity to prove their trading skills and gain access to significant trading capital through its Two-Phase Challenge. This article provides an in-depth explanation of the challenge, the rules, and the available programs, including the Advanced Trader Program and Premium Trader Program. Additionally, we'll explore the scaling options that allow traders to significantly increase their account size as they achieve profitability.

The Two-Phase Challenge

The Two-Phase Challenge at Funded Trading Plus is designed to assess a trader’s ability to manage risk and generate consistent profits. It comprises two distinct phases:

Phase One: Traders must achieve a simulated profit target within a specified drawdown limit. For the Advanced Trader Program, the target is set at 8%, while the Premium Trader Program requires a 5% profit. This phase has no minimum trading days and offers unlimited simulated trading days.
Phase Two: Once Phase One is successfully completed, traders move to Phase Two, where they aim for a lower profit target of 5%. Like Phase One, there are no minimum trading days, and traders can continue with unlimited simulated trading days.

Program Options and Pricing

Funded Trading Plus offers two primary programs within the Two-Phase Challenge: the Advanced Trader Program and the Premium Trader Program.

Advanced Trader Program:
- Pricing:
  - $25,000 Account: $199
  - $50,000 Account: $349
  - $100,000 Account: $499
  - $200,000 Account: $949
- Key Features:
  - 10% Balance-Based Drawdown
  - Copy Trading and Expert Advisors (EA) Allowed
  - Weekly Payouts
  - Scaling available every 20% of simulated profit
Premium Trader Program:
- Pricing:
  - $25,000 Account: $247
  - $50,000 Account: $397
  - $100,000 Account: $547
  - $200,000 Account: $1,097
- Key Features:
  - 8% Balance-Based Drawdown
  - Copy Trading and Expert Advisors (EA) Allowed
  - Weekly Payouts
  - Scaling available at every 10% of simulated profit

Both programs also offer a 10% discount with the coupon code “TRUSTED.”

Scaling Program

The scaling program at Funded Trading Plus allows traders to increase their account size significantly. This is a crucial feature for those who wish to compound their earnings over time.

Scaling Rules:
- The minimum profit required to scale up is 20% for the Advanced Trader Program and 10% for the Premium Trader Program.
- Traders must have no open trades (flat) to request a scale-up.
- The maximum account size after scaling can reach up to $2,500,000.
- Scaling is not automatic; traders need to submit a support ticket to request it.
Scaling Benefits:
- Increased buying power for larger positions.
- Profit withdrawal flexibility, allowing traders to withdraw profits even after scaling.

Drawdown and Risk Management

Funded Trading Plus implements a strict risk management system, which includes balance-based drawdowns and daily drawdowns.

Relative Drawdown: This is the distance between the high watermark (the highest closed balance) and the maximum drawdown. The relative drawdown moves up with a positive trade balance but does not decrease with a negative balance.
Daily Drawdown: A daily limit that traders cannot exceed, measured at 23:59 server time each day.

These drawdown limits are crucial for ensuring traders maintain disciplined trading practices while protecting their accounts from excessive losses.

Conclusion

Funded Trading Plus’s Two-Phase Challenge provides a structured yet flexible environment for traders to demonstrate their abilities and scale their accounts. Whether you choose the Advanced Trader Program or the Premium Trader Program, the combination of unlimited simulated trading days, balance-based drawdowns, and scaling opportunities makes it an attractive option for serious traders looking to grow their trading capital. With the added benefits of copy trading, expert advisors, and weekly payouts, Funded Trading Plus is a compelling choice for those ready to take their trading to the next level.