Funded Trading Plus Review for 2024

Funded Trading Plus (FT+) is a UK-based prop trading firm, and is an extension of Trade Room Plus, which has been the leading live trade room for retail dealers in the past decade.

The company was launched in 2021, with the aim of empowering skilled traders, and giving them the necessary tools and access to large investor capital. 

This is one of the rare firms on the market accepting traders worldwide, and is offering one of the most well-rounded and feature-heavy offers we’ve ever seen.

Funded Trading Plus Overview

Funded Trading Plus is a result of years of experience and research from the market’s leading experts and traders. 

The company’s goal is to democratize access to trading capital, all while providing experienced traders with a solution that encompasses everything that a modern proprietary trading space should have in terms of options and features.

Funded Trading Plus is built around its 5 Star Promise, which is a pledge that they consider to be the cornerstone of the company’s ethos. The firm promises to deliver:

• Competitive Program Pricing

• Trusted Payout Assurance

• Fair & Transparent Rules

• Swift & Seamless User Journey

• Always Available 24/7 Support

Because of this meticulous and trader-centric approach, Funded Trading Plus today represents perhaps the most comprehensive and user-friendly platform, available to traders from 165 countries across the world.

Evaluation Programs & Pricing  

The firm immediately stands out from the competition with its highly customizable approach to trader evaluation. There are four different plans here, tailored to suit traders of all experience levels and trading styles.

The Experienced Trader Program is the most affordable option, with the lowest entry point of $119 for a $12,500-sized account. This is a single-phase evaluation program, requiring you to show a 10% profit, while enforcing a 6% maximum loss and 4% daily loss limits. 

You will have no time limits imposed on you, and you can hold positions overnight and over the weekend. The accounts here can go up to $200,000 in size, for which the fee is $949, and the profit splits start from 80%, but can be increased to 100% with higher profit levels.

If you pass the evaluation, Funded Trading Plus will refund the initial fee at your first profit withdrawal.

The next two plans are both two-phase evaluation programs, with the Advanced Trader Program being the option for traders who seek more structure and who thrive under a higher level of challenge.

This first phase has a 10% profit target, while the second phase sets a 5% target. Both phases here have the same 10% max loss limit and a 5% daily loss limit. Same as with the previous plan, the profit split starts at 80%, and can go up to 100%. 

Keep in mind, however, that this program doesn’t allow for weekend trading, keeping the focus on weekday market movements. The starting price for the lowest, $25,000 account is $199, and the priciest option is once again for the $200,000 account size, which is the same $949 as is with the Experienced Trader Program.

The other two-step evaluation program here is called the Premium Trader Program, and is a slightly less strict option of the two, requiring an 8% profit in Phase 1, while Phase 2 still retains the 5% profit target.

The maximum loss is also lowered to 8%, and the daily loss limit is lowered to 4%, but this comes at a higher price, with the $25,000 account costing $247, and the priciest option being $1,097 for the $200,000 account option.

This program also allows weekend trading, and is therefore a better fit for swing traders.

The company also recently launched its new Prestige Program, which introduced the first static drawdown type of account to the platform. Starting at $119 for a $25,000 account, with this new type of two-phase account you will not have to deal with relative drawdown as you would with other plans.

Last but not least, the firm offers its Master Trader Program as a way for traders to gain immediate access to a funded account, with no evaluation needed. It also allows you to withdraw profits from day one, making it a great choice for the most confident and experienced traders out there.

This program is, of course, the most costly option out of the four, and comes with lower account sizes. The lowest fee here is $225 for a $5,000 account, while the $100,000 account comes with a hefty $4,500 fee.

The program doesn’t allow weekend trading, and features 6% total drawdown and daily loss limits.

Every program offered here comes with a 1:30 leverage.

Funded Trading Plus also recently unveiled its offer for upgrading your evaluation plan, which can be very useful if you’re an already experienced trader. By upgrading your evaluation plan, you can get access to up to 90% profit share from day one, and can make withdrawals every 3 days.

You will also be able to tailor your evaluation plan with optional upgrades that will align with your trading style, making this one of the most complete offers today when it comes to customizability.

The Scaling Plan

All four programs available at Funded Trading Plus are eligible for the firm’s scaling plan. You can scale your funded account once you’ve met the required profit target, which is 10% for the Experienced, Premium and Master programs, and 20% for the Advanced Trader program.

There are no time constraints or minimum trade requirements, so you can scale your account as soon as you reach the profit target set by your program, going up to a staggering $5 million.

The process is straightforward. Once you reach the profit target, you can close your positions and submit a ticket to request scaling, after which the company will adjust the account balance to the new level, usually within two business days.

Since there are no monthly targets and consistency requirements like some other firms impose, the Funded Trading Plus scaling plan is a highly user-friendly solution empowering you to scale your account at your own pace.

Trading Platforms

Funded Trading Plus once again stands out from other similar firms in terms of trading platform variety. It supports six different platforms, catering to various trading preferences.

• MetaTrader 4 and MetaTrader 5 (MT4/MT5): With advanced charting tools, EAs and automated trading, MT4 and MT5 are the most comprehensive and cutting-edge platforms on the market today, and are especially popular among traders focusing on Forex.
• cTrader: This is also one of the premier trading platforms for prop traders, known for its user-friendly interface, a wide variety of trading tools and features, we can recommend it as an option for both manual and automated trading.
• TradingView: The most recent platform that Funded Trading Plus supports, TradingView is well regarded for its comprehensive charting capabilities, and a vast community of traders that share invaluable insights and strategies, making it the perfect choice for those who wish to benefit from its social trading aspects.
• MatchTrader and Dxtrade: Lastly, these two supported platforms are a great choice for those seeking scalable and customizable platforms with robust risk management tools and sophisticated features that are best-suited to traders managing multiple accounts and prop trading strategies.

We must also note that you can demo each of the supported platforms with the firm’s Demonstration Account, which will allow you to test them out before you commit to your choice.

Funded Trading Plus also allows you to switch your chosen trading platform, which is an option only if you haven’t taken any trades and not started the evaluation program. The fee for changing your trading platform is $25.

Trading Instruments

Funded Trading Plus has a solid amount of tradable assets it supports, but the offer here is less than what you can find with some other companies, and is probably the one place where the firm doesn’t outshine its peers.

Still, there’s plenty of diversity in terms of asset types here, which is not something that many similar firms offer on today’s market.

With Funded Trading Plus you can trade on Forex pairs, with major, minor and even some exotic currency pairs being available.

You can also trade on major global indices like the S&P 500, Nasdaq and more. 

The firm allows traders to trade on commodities as well, with the selection here being gold, silver, and crude oil. 

Funded Trading Plus also allows you to trade in cryptocurrencies like Bitcoin, Ethereum and Litecoin. Keep in mind that crypto prop trading comes with a much lower leverage than other assets, and is limited to 1:2.

Educational Resources

Funded Trading Plus differs from most of its competitors in this regard, as the company mainly focuses on providing guidance and advice through video content on its YouTube channel.

There is a great wealth of information in there provided by experts in the field, especially when it comes to the popular podcast-type series of videos with the company’s CEO, Simon. 

This is a must-watch for anyone wanting to learn how to be more successful in their trading career, with hours of discussions you can find either through the firm’s Blog section on the website or by visiting the YouTube channel itself.

Other than that, the Funded Trading Plus website features a nice FAQ section that has answers to most of the issues or questions that you might have, but it doesn’t yet provide the amount of detailed information or digital coaching features that can be found elsewhere, which can be forgiven as it is a relatively new platform.

Customer Satisfaction and Support

Funded Trading Plus is already highly regarded among traders, and currently holds an impressive 4.7/5 rating on Trustpilot, from more than 2,200 reviews. The majority of customers are pointing out the flawless execution of the company’s services, payout times and the user-friendly approach to scaling and evaluation as its standout features.

As for the customer service, Funded Trading Plus support staff can be reached via email and phone, and is active on social media platforms as well. Additionally, the company also has a thriving Discord community where you can share insights with other traders and get help from the staff. There is also a live chat option available on the website, where you can get quick answers from the company’s FT+ Chatbot.

Bottom Line

All in all, Funded Trading Plus represents a cutting-edge, and highly user-friendly firm with one of the most flexible and non-restricting offers we’ve seen on the market in 2024.

With no time constraints, a fantastic scaling plan, instant funding and high profit split, it is well worth considering and earns its place among the industry leaders.