Funded Trading Plus (FTP London Ltd) is making waves in the trading community, providing a unique opportunity for traders to prove their skills in a simulated environment and potentially earn real profits. This article dives deep into what Funded Trading Plus offers, who they are, and why they are quickly becoming a go-to choice for traders worldwide.
1. Introduction to Funded Trading Plus
1.1 What is Funded Trading Plus?
Funded Trading Plus, legally known as FTP London Ltd., is a London-based firm established on December 16, 2021. The company operates under the leadership of CEO Simon Massey and is headquartered at 7 Bell Yard, London. The firm offers traders the opportunity to demonstrate their trading abilities through simulated trading accounts. Successful traders can then earn real profits based on their performance.
1.2 Legal and Corporate Information
- Legal Name: FTP London Ltd.
- Company Number: 13719292
- Country of Registration: GB
- CEO: Simon Massey
- Support Mail: [email protected]
Phone: +44 333 090 9800
2. Funded Trading Plus: An In-Depth Look
2.1 Trading Programs and Challenges
Funded Trading Plus offers various trading programs designed to cater to different trading styles and experience levels. The programs are primarily divided into two types of challenges:
- One Phase Challenge
- Two Phase Challenge
These challenges allow traders to prove their skills in a structured environment.
2.2 Trading Platforms
Funded Trading Plus supports three major trading platforms:
- MatchTrader
- cTrader
- DXTrade
These platforms provide traders with the tools they need to execute trades effectively and efficiently.
2.3 Trading Instruments
Traders have access to a wide range of instruments, including:
- Forex
- Crypto
- Indices
Commodities
2.4 Broker Partnership
The trades are executed through MatchTrader, ensuring a professional trading environment with competitive spreads and zero spread trading on major forex pairs.
3. Program Details
3.1 One Phase Evaluation
The One Phase Evaluation is designed for traders who prefer to trade at their own pace. Key features include:
- Unlimited simulated trading days: Trade without the pressure of time constraints.
- Profit split: Starts at 80/20, increases to 90/10 at 20% profit, and can go up to 100/0 at 30% profit.
- Account sizes: Ranges from $12,500 to $200,000.
- Maximum simulated leverage: 30:1.
- Profit target: 10%.
Withdrawals: Profits can be withdrawn from day one, with no fees and weekly withdrawals.
3.2 Two Phase Evaluation
This evaluation is for traders who prefer a more structured approach. Key features include:
- Unlimited simulated trading days.
- Profit split: Starts at 80/20, increasing to 90/10 at 20% profit, and 100/0 at 30% profit.
- Profit targets: 8% in Phase One and 5% in Phase Two.
- Account sizes: From $25,000 to $200,000.
- Simulated leverage: 30:1.
Withdrawals: Weekly withdrawals, with a minimum of seven days of trading before the first withdrawal.
4. Unique Selling Points
4.1 No Monthly Fees
Funded Trading Plus stands out by not charging any monthly fees. Traders only pay a one-time program fee, allowing them to focus on trading without worrying about recurring costs.
4.2 Flexibility and Transparency
The firm emphasizes transparency and fairness, offering programs without time constraints or hidden rules. This trader-centric approach ensures that participants can trade without unnecessary pressure.
4.3 Support for EAs, Algos, and Bots
Traders can use various strategies, including Expert Advisors (EAs), algorithms, and bots, within the program’s rules. This flexibility allows traders to employ their preferred methods to achieve success.
4.4 Research and Development
Funded Trading Plus is committed to advancing trading strategies. The firm encourages traders to contribute to their ongoing research efforts, focusing on improving profitable trading methods using big data.
5. Scaling and Profit Withdrawal
5.1 Scaling Plan
Traders can scale their simulated account size by every 10% of simulated profit. The maximum allocation for an account is $400,000, and it can scale up to $2,500,000. This straightforward scaling plan allows traders to increase their buying power without worrying about consistency rules or time constraints.
5.2 Profit Withdrawal
Traders can withdraw their profits weekly, with no fees. The minimum withdrawal amount is $50, and withdrawals can be made as soon as profits are realized.
6. Trading Rules and Regulations
6.1 Simple and Fair Rules
The rules at Funded Trading Plus are designed to be easy to follow, minimizing the chances of breaching any regulations. This approach ensures that traders can focus on making sound trading decisions.
6.2 Simulated Trading Environment
All trading at Funded Trading Plus is conducted in a simulated-live environment. This setup provides a realistic trading experience without the risk of losing real capital.
6.3 Maximum Simulated Loss
Traders must adhere to specific drawdown limits to protect their accounts. These limits include:
- Daily Simulated Loss: Typically set at 4% to 6% of the account size.
Relative Drawdown: Trailing maximum loss that locks in once certain profit thresholds are met.
7. Programs Offered
7.1 Experienced Trader Program
- Account sizes: $12,500 to $400,000.
- Profit target: 10%.
- Drawdown: 6%.
- Payout period: Weekly.
- EA Allowed: Yes.
News Trading: Allowed.
7.2 Advanced Trader Program
- Account sizes: $25,000 to $200,000.
- Profit target: 10% in Phase One, 5% in Phase Two.
- Drawdown: 10%.
Payout period: Weekly after a minimum of 7 days of trading.
7.3 Premium Trader Program
- Account sizes: $25,000 to $200,000.
- Profit target: 8% in Phase One, 5% in Phase Two.
- Drawdown: 8%.
Payout period: Weekly after a minimum of 7 days of trading.
7.4 Master Trader Program
- Account sizes: $5,000 to $100,000.
- Profit target: 6%.
- Drawdown: 6%.
Payout period: Weekly.
8. The 5-Star Promise
Funded Trading Plus prides itself on its 5-Star Promise, which is a commitment to delivering exceptional service to every trader. This promise includes:
- Competitive Program Pricing
- Trusted Payout Assurance
- Fair & Transparent Rules
- Swift & Seamless User Journey
24/7 Support
9. Why Choose Funded Trading Plus?
Funded Trading Plus is the #1 trusted firm in the industry on Trustpilot. The firm offers simple, fair, and easy-to-follow rules, along with a range of specialist programs that allow traders to scale up to $2,500,000. With weekly profit withdrawals and a focus on building long-term relationships, Funded Trading Plus is a top choice for traders looking for a supportive and prosperous trading community.