Logo

Copy Coupon Code to Get
10% Off 🎉

TRUSTED
Firm Logo
Trusted by
553+
users

Funded Trading Plus

Forex, Crypto, Indices, Commodities

Flag

GB

CEO: Simon Massey

10% Off + 5% Cashback or Upto 1200 Trust Points

Coupon Code:

Trading Platforms:
MatchTrader

MatchTrader

cTrader

cTrader

DXTrade

DXTrade

MetaTrader

MetaTrader

Withdrawal Method:
Crypto

Crypto

Wire Transfer/ Bank Transfer

Wire Transfer/ Bank Transfer

Payment Method:
Crypto

Crypto

Credit/Debit Card

Credit/Debit Card

Brokers:

Rules to Keep in Mind While Trading with Funded Trading Plus

Rules to Keep in Mind While Trading with Funded Trading Plus
32

In this article

Rules to Keep in Mind While Trading with Funded Trading Plus

Before beginning your trading journey with Funded Trading Plus, it's possible to change your trading platform.

8/14/2024

Share with your community!

Rules to Keep in Mind While Trading with Funded Trading Plus

8/14/2024

Changing Your Program Platform 

Before beginning your trading journey with Funded Trading Plus, it's possible to change your trading platform. This change is allowed only if you haven't started the program or taken any trades. A fee of $25 applies for this modification, and the original account will become unusable. If you're interested, submit a support ticket, and make the payment here.

 

Activating Index and Crypto Markets 

To access Index and Crypto markets on your trading platform, follow these steps:

  1. Click on "View" and then "Symbols" in your Trading Platform.
  2. A "Symbols" box will appear – select the Index and Crypto options.
  3. Choose the markets you wish to activate and click "Show." These markets will now be visible in the "Market Watch" panel. For a visual guide, check out this video tutorial.

     

Trading Costs: Spreads, Commissions, and Fees

 Funded Trading Plus offers minimal and competitive trading costs. Details of spreads and commissions can be found on the respective broker's page. Note that swaps, which are fees for holding positions overnight, are applied based on the market conditions, and Funded Trading Plus does not mark up these fees.

 

Copy Trading Policy 

Copy trading from one of your accounts to a Funded Trading Plus (FT+) account is allowed. However, copying trades across multiple FT+ accounts is prohibited. Only one live account is provided per strategy, defined by taking the same trades on the same market at very similar times.

 

Prohibited Countries

 Funded Trading Plus adheres to international sanctions and does not offer services to traders from certain countries, including Cuba, North Korea, Syria, Iran, and Myanmar. Traders from these countries are advised not to place any orders, as refunds and fund transfers cannot be guaranteed.

 

Platform and Withdrawal Information 

If you are interested in using a demo platform, a demonstration version is available here. For more details on withdrawals, please visit the withdrawal page.

 

Account Limitations and Management

 Traders can open multiple evaluation accounts, but only two simulated live accounts are funded simultaneously. The maximum initial funding is $400,000 across all accounts, with no merged account exceeding $200,000. Account resets are available if an evaluation is failed, subject to a reset fee.

 

Risk Management and Toxic Trading

 All traders reaching the profit target will undergo a risk management assessment before receiving a funded account. Funded Trading Plus strictly prohibits toxic trading practices, such as arbitrage, and reserves the right to ban accounts that do not demonstrate proper risk management.

 

Understanding Relative Drawdown 

Relative drawdown is a key concept in managing your trading account. It represents the distance between your account's high water-mark (the highest balance after closing profitable trades) and the maximum drawdown level (the lowest permissible balance). The drawdown percentage varies by program, and traders are advised to maintain a buffer to avoid breaching the drawdown limits.

 

Scaling Program

 Funded Trading Plus offers a scaling program that allows traders to increase their account size based on profits. The maximum scaled account size is $2,500,000. Traders must meet specific profit targets before scaling up and should carefully manage their withdrawals to maintain trading flexibility.

 

Important Resources

  • Join the community on Discord here.
  • Read customer reviews on Trustpilot.
  • Access training courses for trading platforms here.

You may also like