Funded Trading Plus Review 2026: Is This UK Prop Firm Still Worth Your Money?

Look, I get it. You've seen the Trustpilot score. 4.4 stars from over 2,600 reviews. That looks good on paper. But you've also seen the complaints, the people saying they got banned after hitting their first payout. So which story is real?

I've been through the data on this one. Funded Trading Plus is a UK firm that started in 2021. CEO is Simon Massey. Legal name is Funded Trading Plus Ltd, registered at 7 Bell Yard, London . They run simulated challenge programs for forex, commodities, indices and crypto. Their big selling point? No time limits on evaluations. You take as long as you want to hit your profit target.

But here's the thing. Prop firms look great until they don't. The question isn't whether FTP pays traders. We know they do. The question is whether their rules are fair enough that you can actually get paid without jumping through hoops that disappear when you least expect them.

Let's dig in.

Company Background: What You Need to Know

Funded Trading Plus was registered in December 2021. That puts them at about four and a half years in business as of mid-2026. In prop firm years that's actually respectable. A lot of firms that launched in 2022 and 2023 have already shut down.

The company operates under UK regulations. Not FCA regulated, which is standard for prop firms since they're not handling client money in the traditional sense. They're a research and development company in their own words. They provide simulated trading environments where you trade with virtual capital and earn real money from your simulated profits.

Their registration number is 13774561. Simon Massey is the CEO. The support email is [email protected]. Phone is +44 333 090 9800.

They use ThinkMarkets as a broker partner and support MT5, cTrader, DXTrade and MatchTrader .

Why does any of this matter? Because when a firm goes under, you need to know who ran it and whether they had real skin in the game. FTP has been around long enough to have a track record. That's more than you can say for half the firms that pop up and disappear in 18 months.

The Three Account Types: Which One Fits Your Style?

FTP offers three programs. One Step Express. Two Step Classic. Instant Funding. They're not the same thing, and picking the wrong one will cost you.

1-Step Express Challenge

This is their fastest path to funding. Single phase. Hit a 10% profit target. No minimum trading days. No time limit.

Here's the pricing:

The drawdown setup here is what you need to watch. It's a 4% daily loss limit and a 6% trailing drawdown . That trailing part matters a lot. I'll explain why in the drawdown section.

Profit split starts at 80% and can go up to 100% through performance targets. Payouts every 7 days. Leverage at 1:30.

This account is for traders who know what they're doing and want to get funded fast. It's not for beginners who need room to learn.

2-Step Classic Challenge

Two phases. Each phase requires a 7% profit target. So 7% in phase one, then another 7% in phase two.

The drawdown is where this account wins. You get a 4% daily loss limit and an 8% static drawdown . Static. Not trailing. That means your drawdown floor stays fixed at the starting balance. It doesn't move up as you make profit.

This is a big deal. I'll show you why.

Payouts every 10 days. Leverage at 1:50. Profit split starts at 80% and scales up.

This account is for swing traders and people who want breathing room. The static drawdown is safer. The lower fees are nice too.

Instant Funding Model

Skip the evaluation. Pay the fee, get funded immediately.

No profit target to reach. You start earning from day one. But the drawdown is 6% daily and 6% trailing . And the fees are significantly higher than evaluation accounts.

This one is for traders with a proven track record who don't want to waste time on challenges. It's expensive upfront, but if you're consistent, you skip the grind.

The Drawdown Trap: Why Trailing vs. Static Changes Everything

This is the single most misunderstood part of FTP's program. And it's how a lot of traders lose their accounts.

Let me walk you through both types with real numbers.

Static Drawdown (2-Step Classic)

You start with $100,000. Your max drawdown is 8%. That means your floor is $92,000. It never moves.

You make $10,000 profit. Your balance is now $110,000. Your floor is still $92,000. You can lose up to $18,000 before getting breached.

This is forgiving. It gives you room to breathe after a winning streak.

Trailing Drawdown (1-Step Express and Instant Funding)

You start with $100,000. Your max drawdown is 6%. Your floor is $94,000.

You make $2,000 profit. Your balance is $102,000. Your floor moves up to $96,000 (starting balance is now $102,000, minus 6% trailing = $96,000).

You've only made $2,000, but you've lost $2,000 of your drawdown buffer. Your equity is now trapped between $102,000 and $96,000. That's only $6,000 of room.

Most common mistake? Traders don't realize the floor is moving. They think they have a fixed buffer. Then they hit a losing streak and their account gets closed while they're still in profit on paper.

Here's the numerical example from FTP's own documentation. For a $100,000 1-Step account at 6% trailing drawdown: your maximum loss limit starts at $94,000. If you increase the account to $102,000, your new drawdown limit becomes $96,000 ($102,000 minus $6,000). If equity drops to $96,000, the account is breached. Even though you're still up $2,000 from where you started .

That's how traders who are profitable get their accounts terminated. They don't realize their own success has tightened their risk parameters.

Pick the 2-Step Classic if you want static drawdown. It's less stressful. Pick the 1-Step or Instant if you understand trailing drawdown and manage your risk accordingly.

Trading Rules: What's Allowed and What Gets You Banned

FTP is actually pretty flexible compared to a lot of firms. Here's what's allowed:

• News trading. No restrictions. You can trade during NFP, CPI, whatever .

• Weekend holding. Allowed on evaluation accounts. Not on Instant Funding models.

• Expert Advisors. Allowed as long as they're not arbitrage bots.

• Scalping. No minimum hold time.

• Hedging. Allowed.

• Copy trading from your own accounts is allowed. Copying across multiple FTP accounts is not.

What's prohibited:

• Arbitrage trading. Latency or statistical arbitrage that exploits data feed delays.

• Excessive grid trading. Simple grids are fine. High frequency grid strategies are not.

• Account sharing. One person per account.

• Collusive trading. Taking the same trades simultaneously on multiple accounts to offset risk.

Breach Types

Hard breach means you hit the max drawdown or daily drawdown limits. Account gets closed permanently. No appeal.

Soft breach is less common at FTP. It might mean a warning or trade cancellation instead of immediate forfeiture. But their system primarily uses hard drawdown limits.

IP Address Security

FTP checks IP addresses to verify the person who registered is trading. If you travel, use a VPS to keep a stable IP. Otherwise you risk getting flagged.

Prohibited Practices That Actually Get Enforced

Looking at the negative reviews on Trustpilot and The Trusted Prop, there are patterns worth noting.

Multiple traders report being banned after passing evaluations and requesting payouts. The reasons given include copy trading between own accounts, excessive risk, and KYC failures. CEO Simon Massey frequently responds to these complaints saying the traders breached terms by engaging in prohibited practices .

Is every banned trader innocent? No. Some definitely broke the rules. But the pattern of bans happening right when traders request their first payout is concerning, especially when FTP offers a "settlement agreement" that requires signing a non-disclosure clause in exchange for a partial refund.

I can't tell you every case is legit or not. What I can tell you is that profitable traders should be aware that FTP's risk team has discretionary authority to ban accounts based on "excessive risk" even if no specific rule was violated. This is buried in the terms.

News Trading: Actually Allowed

This is a real advantage. Most prop firms restrict news trading or flag it for extra review. FTP lets you trade through any news event on any account type. No red folder bans. No deductions from profits for news-related gains .

If you trade fundamentals or event-driven strategies, this matters. You can hold positions when volatility spikes instead of getting forced out.

Payout Process: Does FTP Actually Pay?

Short answer: yes, many traders get paid. Long answer: it depends on getting through the risk review.

Profit Split

Standard is 80% for the trader. This can increase to 90% when you hit 20% overall profit. At 30% profit, it goes to 100% .

There are also add-ons at checkout. You can buy an upgrade to start with 90% profit split on the 1-Step and Instant models, or 85% on the 2-Step.

Payout Frequency

1-Step Express and Instant Funding: every 7 days. 2-Step Classic: every 10 days.

First payout is available from day one on the 1-Step and Instant models. Minimum withdrawal is $50.

Payout Methods

Rise, Deel, Crypto (USDT, BTC), Bank Transfer .

Processing time is typically 24 to 48 hours. Crypto can be faster, sometimes same day after approval.

Payment Methods for Buying Challenges

Credit card, debit card, cryptocurrency.

The Risk Review Hurdle

This is where things get sticky. Before your payout is processed, FTP reviews your trading activity. They look for:

• Margin usage

• Concentration risk

• Hold times

• Whether trades were taken during high volatility

If they decide your trading style is too risky, they can deny the payout and offer a partial settlement. Some traders report this happening after multiple successful payouts.

The CEO's response is usually that the trader was warned multiple times and continued trading with excessive risk. Without access to the trader's full trading history, it's hard to know who's in the right. But the number of complaints about this is high enough that you should go in with eyes open.

Scaling Plan: How to Grow to $2.5 Million

FTP offers a scaling program based on performance. Here's how it works:

You need to generate 10% profit on your current capital to scale up. For the 2-Step Classic, it's 20% total profit with a minimum 2 months of trading activity.

Each time you hit the target, your account doubles. This can continue up to $2.5 million maximum allocation .

Example: Start at $100,000. Hit $10,000 profit. Scale to $200,000. Hit $20,000 profit. Scale to $400,000. And so on.

The scaling plan is competitive because there's no time limit. You can take as long as you need. But you have to be profitable and stay within drawdown limits. If you blow your account, scaling stops.

There's also a Scale Boost add-on that can push the maximum to $5 million for 1-Step and Instant accounts.

Platforms and Trading Conditions

FTP supports four platforms:

• MetaTrader 5 (MT5)

• cTrader

• DXTrade

• MatchTrader

MT5 and cTrader are not available for US traders.

Instruments include major, minor and exotic forex pairs, global indices, commodities and cryptocurrencies .

Spreads and Commissions

Spreads are competitive, relying on tier 1 liquidity providers. Commissions are per lot, around $7. This is standard for institutional grade platforms.

The 2-Step Classic has the best conditions for cost-sensitive traders because of the static drawdown and higher leverage.

Country Restrictions

FTP does not accept traders from these countries:

• Cuba

• North Korea

• Syria

• Iran

• Myanmar

• Pakistan

Also restricted: Crimea, Donetsk, Luhansk, Kherson and Zaporizhzhya regions of Ukraine. United States is also on the restricted list.

If you're from any of these places, don't buy an account. You won't get paid.

Pros and Cons: My Analysis

I've gone through the data, the reviews, the rules, and the complaints. Here's my honest take.

Pros

No time limits on evaluations. This is a real advantage. You can wait for quality setups instead of forcing trades to meet a deadline. Most prop firms pressure you with 30 or 60 day windows. FTP doesn't.

Static drawdown on the 2-Step Classic. This is safer than trailing models. Your floor stays fixed. You don't get punished for being profitable.

News trading is fully allowed. If you trade fundamentals, this is one of the few firms that won't restrict you.

Payout speed is genuinely fast. 24 to 48 hours is real for most traders. Some get paid same day.

Scaling plan is achievable. 10% profit targets are reasonable. No arbitrary time limits.

Profit split goes up to 100%. That's rare in the industry.

Cons

Trailing drawdown on the 1-Step and Instant accounts is aggressive. It moves with your high water mark. If you don't withdraw profits regularly, your buffer shrinks. This catches traders off guard.

Higher upfront cost on Instant Funding. The Instant model costs more than evaluation accounts. You're paying for the convenience of skipping the challenge.

Risk review is discretionary. FTP can decide your trading style is "too risky" even if you didn't break a specific rule. This is how some traders get denied payouts after passing evaluations.

KYC can be problematic. Multiple traders report being asked for additional documentation after passing evaluations, then getting banned when they couldn't provide it. This is especially an issue for traders in countries where passport isn't the standard ID.

No free retries on some plans. If you fail, you pay again.

Rules vary across programs. This sounds small but it's easy to mix up the drawdown types and accidentally breach an account because you thought you had static when you had trailing.

What Real Traders Are Saying

I've pulled from both Trustpilot and The Trusted Prop's own verified reviews. Here's the picture.

The Good

Most traders report fast payouts and responsive customer service. One trader on The Trusted Prop said "Quick payouts!" with a 5/5 rating . Another wrote "One of the best prop firms in the industry" and mentioned receiving payouts within 24 hours.

Multiple traders appreciate the no time limit structure. "I can simply take the time I need and place the best trades without being stressed by a ticking clock," one review says.

The Discord community gets mentioned positively. Active moderators, educational content, and a sense of shared experience.

The Bad

Negative reviews cluster around a few themes:

KYC issues. One trader passed a giveaway account, went through KYC, was asked for passport documentation, and got rejected. The CEO responded saying they couldn't verify identity and had legal AML obligations. The trader disputed this, saying they provided valid ID .

Risk review rejections. "I spent 26 days working on passing this challenge. After I finally passed, they told me my evaluation test violated their policy." That trader was offered a refund of the evaluation fee only, plus a settlement agreement .

Bans after successful payouts. "After two payouts they disallowed me from buying any more challenges. It seems they will find any reason to get rid of profitable traders" .

The same reviewer has left multiple 1-star reviews citing similar experiences. The CEO's response consistently states these traders engaged in prohibited practices like copy trading between accounts or excessive risk.

The Verdict on Reviews

Trustpilot shows 4.4/5 with 2,653 total reviews. Rating distribution: 79 one-star, 24 two-star, 24 three-star, 134 four-star, 2,392 five-star .

The Trusted Prop's own rating is 9.1 average with 256 reviews.

The 5-star reviews are overwhelmingly from traders who received payouts without issues. The 1-star reviews are from traders who got banned, denied payouts, or hit KYC problems.

Both stories are probably true. FTP pays consistent, low-risk traders. They ban traders they consider high-risk. The problem is that "high-risk" is subjective and discretionary.

How FTP Compares to Other Firms

Against firms like FTMO or Funding Pips, FTP sits in a middle ground. FTMO has stricter rules but a longer track record. Funding Pips has lower fees but less established reputation.

What FTP does better:

• No time limits (most firms have them)

• News trading allowed (many restrict it)

• 7 day payouts (faster than most)

What FTP does worse:

• Trailing drawdown on key accounts (more restrictive than static)

• Risk review is less transparent than some competitors

• Higher Instant Funding fees

The 2-Step Classic with static drawdown is probably where FTP has the clearest advantage. If you're choosing FTP, that's the account to pick.

Final Verdict: Who Should Use Funded Trading Plus?

Good for:

• Traders who want no time pressure on evaluations

• Swing traders who need weekend holding

• Traders who trade news events

• People who understand trailing drawdown mechanics

• Disciplined traders who manage risk consistently

Not good for:

• Beginners who don't understand drawdown types

• Traders who use high leverage approaches

• People in restricted countries

• Anyone uncomfortable with discretionary risk reviews

What I'd recommend:

If you're going with FTP, pick the 2-Step Classic. The static drawdown is safer. The fee is lower. The rules are clearer.

Trade for at least a few weeks before requesting your first payout. Let the account age a bit. Withdraw small amounts first to test the process.

Keep a VPS running if you travel. IP changes can trigger flags.