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 One step Evaluation and a Two Step Evaluation programs and an Instant Funding Program. 

Instant Funding Details :

Pricing:

• $10,000 : $199

• $25,000 : $374

• $50,000 : $749

• $100,000 : $1499

Rules:

• Profit Target : -

• Total Loss : 6%

• Daily Loss : N/A

• Profit Share : 50% and up to 80%

• Drawdown Type : Static

• Time Limit : No limit

• Leverage : 1:10 up tp 1:50

• Payout Frequency : Bi-Weekly (Add-on Weekly)

• Allows Copy Trading : Yes

• Min Trading Days : 1 Day
  

One Step Evaluation Details :

Pricing:

• $10,000 : $179

• $25,000 : $229

• $50,000 : $399

• $100,000 : $649

Rules:

• Profit Target : -

• Total Loss : 8%

• Daily Loss : 4%

• Profit Share : 50% up to 80%

• Drawdown Type : Static

• Time Limit : No limit

• Leverage : 1:10 up tp 1:50

• Payout Frequency : Bi-Weekly (Add-on Weekly)

• Allows Copy Trading : Yes

• Min Trading Days : 4 Day
  

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 Loss : 10%

• Daily Loss : 5%

• Profit Share : 80%

• Drawdown Type : Static

• Time Limit : No limit

• Leverage : 1:30 up tp 1:100

• Payout Frequency : Bi-Weekly (Add-on Weekly)

• Allows Copy Trading : No

• Min Trading Days : 3 Day

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 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%.

Eligibility Criteria for Instant Funding Program :

• Upon receiving the instant funding account, trader will be start trading from the entry stage where they will have to reach a specific profit target (10%)

Benefits :

• First benefit will be that the traders’ account size will be quadrupled.

• After that traders account size will be increased by 100%.
  

News Trading Rules

FTUK does not allow traders to trade during the news, Traders are refrained from trading before and after 5 minutes of a high impact news or a red folder event. Trading between this 10 minutes window can lead to a soft breach and if profit has been made then those profits will be removed.

Other Important Rules:

Daily Drawdown Calculation

Daily Drawdown offered by FTUK is balanced based drawdown which means whenever a trader makes profit in their account, their drawdown limit increases accordingly and will not decrease, resulting in more room off risk for trader to bear.

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

• 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

• Reverse Arbitrage Trading

• Latency Arbitrage Trading

• Hedge Arbitrage Trading

• Hedging (Multiple Accounts)

• High-Frequency Trading
  

Payout Methods

FTUK offers two payout methods to provide traders their payouts. 

• RiseWorks

• 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.
  
  Swap Free : Available