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Funded Trading Plus

Details About Funded Trading Plus

Legal Name: FTP London Ltd
Company Number: 13719292
Country of Registeration: GBGB
CEO: Simon Massey
Support Mail: [email protected]
Phone: +44 333 090 9800
Payment Modes: Crypto
Withdrawal Methods: Crypto
Website: https://www.fundedtradingplus.com
Banned Countries:CUIRKPMMSY

Challenge Details at Funded Trading Plus

Types of Challenges: One Phase Challenge, Two Phase Challenge
Trading Platforms: MatchTrader, cTrader, DXTrade
Trading Instruments: Forex, Crypto, Indices, Commodities
Broker: MatchTrader
Max Allocation: $400,000
Scaling: $2,500,000
Trading Competitions: Does not organize Trading Competitions
Free Trials: Offers free Trials
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About Funded Trading Plus

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Funded Trading Plus (FTP) is a UK-based proprietary trading firm that provides various funded trading programs for both beginners and experienced traders. These programs allow traders to access large trading accounts, manage risks, and scale their profits. With a flexible trading environment, FTP supports the use of expert advisors, news trading, and copy trading, offering opportunities for traders to grow and succeed while adhering to a set of guidelines tailored to different experience levels.

Company Information

  • Company name: Funded Trading Plus
  • Company Legal Name: FTP London Ltd
  • Company Registration Number: 13719292
  • CEO: Simon Massey
  • Country: United Kingdom
  • Contact Information:
  • Website: fundedtradingplus.com
  • Payment/Withdrawal Methods: Crypto

Challenge Details

Funded Trading Plus offers two types of challenge accounts named One-Phase Challenge and Two-Phase Challenge, as well as one Instant Funding program.

One-Phase Challenge (Experience) details:

Pricing:

  • Size: $12,500 ($119)
  • Size: $25,000 ($199)
  • Size: $50,000 ($349)
  • Size: $100,000 ($499)
  • Size: $400,000 ($949)

Rules:

  • Profit Target: 10%
  • Total Loss: 6%
  • Daily Loss: 4%
  • Profit Share: 80%, can go up to 100%
  • Drawdown Type: Trailing Drawdown
  • Time Limit: Unlimited
  • Leverage: 1:30
  • Max Lot Size: No lot size limit
  • Payout Frequency: 7 Days
  • Allows Copy Trading: No
  • Min Trading Days: 0 Da

Two-Phase Challenge (Premium) details:

Pricing:

  • Size: $25,000 ($247)
  • Size: $50,000 ($397)
  • Size: $100,000 ($547)
  • Size: $200,000 ($1,097)

Rules:

  • Profit Target (Phase 1): 8%
  • Profit Target (Phase 2): 5%
  • Total Loss: 8%
  • Daily Loss: 4%
  • Profit Share: 80%, can go up to 100%
  • Drawdown Type: Trailing Drawdown
  • Time Limit: Unlimited
  • Leverage: 1:30
  • Max Lot Size: No lot size limit
  • Payout Frequency: 7 Days
  • Allows Copy Trading: No
  • Min Trading Days: 0 Days

Two-Phase Challenge (Advance) details:

Pricing:

  • Size: $25,000 ($199)
  • Size: $50,000 ($349)
  • Size: $100,000 ($499)
  • Size: $200,000 ($949)

Rules:

  • Profit Target (Phase 1): 10%
  • Profit Target (Phase 2): 5%
  • Total Loss: 10%
  • Daily Loss: 5%
  • Profit Share: 80%, can go up to 100%
  • Drawdown Type: Trailing Drawdown
  • Time Limit: Unlimited
  • Leverage: 1:30
  • Max Lot Size: No lot size limit
  • Payout Frequency: 7 Days
  • Allows Copy Trading: No
  • Min Trading Days: 0 Days

Instant No-Evaluation (Master) details:

Pricing:

  • Size: $5,000 ($225)
  • Size: $10,000 ($450)
  • Size: $25,000 ($1,125)
  • Size: $50,000 ($2,250)
  • Size: $100,000 ($4,500)

Rules:

  • Profit Target: None
  • Total Loss: 6%
  • Daily Loss: 6%
  • Profit Share: 80%, can go up to 100%
  • Drawdown Type: Trailing Drawdown
  • Time Limit: Unlimited
  • Leverage: 1:30
  • Max Lot Size: No lot size limit
  • Payout Frequency: 7 Days
  • Allows Copy Trading: No
  • Min Trading Days: 0 Days

Scaling Plan

Funded Trading Plus offers a scaling plan that allows traders to grow their account size as they meet certain profit thresholds. For most programs, once a trader achieves a 10% profit, they can request a scale-up. For the Advanced Trader program, a 20% profit is required for scaling.

Max Account Size: The maximum account size can reach $2.5 million through the scaling program. However, scaling is not automatic; traders must request it manually through support.

Spreads

FTP offers minimal trading fees, with spreads varying based on the market and trading platform. Full details about spreads, commissions, and swaps are available directly within the trading platform.

News Trading Rules

Traders are allowed to trade during news events, but they should ensure that the volatility does not push their accounts beyond the drawdown limits.

Other Things to Keep in Mind

Daily Drawdown 

Daily drawdown is based on the balance of the account. If the trader exceeds the daily drawdown, it results in failure of the evaluation phase.

Countries Banned from Purchasing:

Funded Trading Plus does not allow trading from these countries :-

  • Cuba
  • North Korea
  • Syria
  • Iran
  • Myanmar

Gambling Rules:

FTP has strict guidelines against "toxic trading" practices like arbitrage or exploiting demo conditions. Traders engaging in such behaviors will be banned.

Strategies That Are Not Allowed:

Prohibited strategies include arbitrage and any form of manipulation that abuses demo conditions.

Payout Methods:

Payouts are processed within 48 hours and can be withdrawn via 2 main methods:-

  • Cryptocurrency
  • Bank transfers

Trading Commissions:

Minimal trading fees apply, including spreads, commissions, and swaps. Details can be found within the trading platforms.

IP Rules:

Traders should ensure they are using a stable internet connection to avoid connectivity issues, especially when executing multiple trades across different platforms.