FTUK, legally known as FTUK LTD., is a proprietary trading firm founded in December 2021 in UK.  They recently relocated the company to the US. Based in 3017 Bolling Way NE Atlanta, GA 30305, FTUK offers traders the opportunity to manage significant capital through their innovative Evaluation and Instant Funding programs. In 2024 alone, FTUK has already given over $1 Million in Payouts.  FTUK offer traders to two different type of challenge programs and an Instant Funding and max allocation offered by FTUK is $300,000. (3 Active Account)

Company Information

Company Name: FTUK

Company Legal Name: FTUK Inc. 

Company Registration no. : 13856458-0143

Operating Since: December 2021

CEO Name: Nick Quinn
 

Challenge Details

FTUK offers a 2 evaluation programs, One Step and Two Step Challenge. FTUK also offers an Instant Funding Program. 

Instant Funding Details :

Pricing:

• $5,000 : $119

• $10,000 : $199

• $25,000 : $374

• $50,000 : $749

• $100,000 : $1499

Rules:

• Profit Target : None

• Total Drawdown : 6%

• Daily Drawdown : 5%

• Profit Share : 50% and up to 80%

• Drawdown Type : Trailing Drawdown

• Time Limit : No limit

• Leverage : Forex 30:1 - Metals 10:1 - Crypto 2:1 - Indices 5:1 - Commodities(non Metal) 5:1

• Payout Frequency : on Demand

• Allows Copy Trading : Yes

• Min Trading Days : None

One Step Evaluation Details :

Pricing:

• $10,000 : $179

• $25,000 : $229

• $50,000 : $399

• $100,000 : $649

Rules:

• Profit Target : 10%

• Total Drawdown : 8%

• Daily Drawdown : 4%

• Profit Share : 50% up to 80%

• Drawdown Type : Trailing Drawdown

• Time Limit : No limit

• Leverage : Forex 10:1 (up to 50:1) - Metals 10:1 - Crypto 2:1 Indices - 5:1 - Commodities(non Metal) 5:1

• Payout Frequency : 14 Days (7Days add-on available)

• Allows Copy Trading : Yes

• Min Trading Days : 4 Days

Two Step Evaluation Details :

Pricing:

• $10,000 : $99

• $25,000 : $179

• $50,000 : $269

• $100,000 : $499

Rules:

• Profit Target (phase 1) : 10%

• Profit Target (phase 2) : 5%

• Total Drawdown : 10%

• Daily Drawdown : 5%

• Profit Share : 80%

• Drawdown Type : Static Drawdown

• Time Limit : No limit

• Leverage : Forex 30:1 (up to 100:1)- Metals 10:1 - Crypto 2:1 - Indices 5:1 - Commodities(non Metal) 5:1

• Payout Frequency : 14 Days (7Days add-on available)

• Allows Copy Trading : Yes

• Min Trading Days : 3 Days

Scaling Plan

FTUK offers a unique Scaling plan in which traders can increase their account size up to $6,400,000. Also Scaling Plan works differently for both Challenge accounts and Instant Funding Program. Scaling Plan is also divided in 6 level and with add-on, Traders can unlock Level 7 which provides even more capital.

Eligibility Criteria  :

• Traders must have to make at least 10% profit after being funded.

Benefits :

• Traders account size will be increased by 100%.

News Trading Rules

In instant funding accounts, trading during news is allowed; in evaluation accounts, trading during news is not allowed (only news add-ons can be permitted during evaluation stages, not allowed after funding).

Other Important Rules:

Daily Drawdown Calculation

Daily DD (E/B-Based): The calculation will use the higher value between the closed balance and equity (from all open and closed trades) as of 5 PM EST.

Countries Banned from Purchasing

Due to geographical restrictions, FTUK does not offer their services to the list of countries given below : 

• Democratic People's Republic of Korea (DPRK) / North Korea

• Democratic Republic of Congo (DCR)

• Iran

• Libya

• Morocco

• Russia / Russian Federation

• Somalia

• South Sudan

• Sudan

• Vietnam

• Yemen

Prohibited Trading Strategies

FTUK allows a lot of trading strategies but there are restrictions on some strategies which are : 

• Martingale (EA)

• Tick Scalping(EA)

• Reverse Arbitrage Trading (EA)

• Latency Arbitrage Trading (EA)

• Hedge Arbitrage Trading (EA)

• Hedging (Multiple Accounts)

• High-Frequency Trading (EA)

Note : Traders are allowed to use these trading strategies if they do it manually. Additionally Scalping is also allowed if the gap between each trade is 30 seconds.

Payout Methods

FTUK offers two payout methods to provide traders their payouts. 

• Rise

• Crypto(USDT-TRC20)

Trading Commissions

Trading Commissions offered by FTUK are as follows.

• For Forex : $4 per lot round trip

• For Commodities, Indices and Cryptocurrency : $0 Per lot round trip.