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Funded Trading Plus is a well-known prop firm that provides traders with the opportunity to trade forex, index, and commodity markets. The firm was founded in 2021 in England, and it offers a variety of programs that cater to traders of all skill levels. Funded Trading Plus is known for its excellent customer support, and its programs are designed to help traders succeed in the markets.
If you’re interested in joining Funded Trading Plus, the process is straightforward. Simply visit their website and choose the program that best suits your needs. You’ll then need to complete an evaluation process to demonstrate your trading skills. Once you’ve passed the evaluation, you’ll be given a funded trading account, and you can start trading right away.
Trading with Funded Trading Plus is an excellent opportunity for traders who want to take their trading to the next level. The firm offers a variety of programs that cater to traders of all skill levels, and its customer support is second to none. Whether you’re a beginner or an experienced trader, Funded Trading Plus has a program that can help you succeed in the markets.
Key Takeaways
- Funded Trading Plus is a well-known prop firm that provides traders with the opportunity to trade forex, index, and commodity markets.
- Joining Funded Trading Plus is a straightforward process that involves completing an evaluation process to demonstrate your trading skills.
- Trading with Funded Trading Plus is an excellent opportunity for traders of all skill levels who want to take their trading to the next level.
What is Funded Trading Plus?
Funded Trading Plus is a prop trading firm that offers traders the opportunity to trade with a funded trading account. The company is headquartered in London, UK and was founded by CEO Simon Massey.
How Does Funded Trading Plus Work?
Funded Trading Plus offers traders a two-phase evaluation process to qualify for a funded trading account. The first phase is a single-phase evaluation, where traders are given a real account to trade with. The evaluation type is based on a relative drawdown, and traders must meet specific profit targets and trading days to progress to the second phase.
The second phase is a two-phase evaluation, where traders are given a higher account size and maximum leverage. Traders must meet specific profit targets and trading days while also adhering to daily drawdown and trailing drawdown rules.
Once traders have successfully completed the evaluation process, they receive a funded trading account with a profit split of 80/20 (up to 90/10). Traders can choose from three programs: Experienced Trader, Advanced Trader, and Master Trader.
Benefits of Funded Trading Plus
There are several benefits to trading with Funded Trading Plus. Firstly, traders can access capital without having to risk their own funds. Secondly, traders can benefit from the company’s education and research resources, which can help them improve their trading skills.
Thirdly, Funded Trading Plus offers traders a choice of trading platforms, including TradingView and MT4. Fourthly, traders can trade a range of instruments, including forex, commodities, indices, and more.
Finally, Funded Trading Plus offers traders fast payouts within three days, customer support, and a scaling plan that allows traders to increase their account size over time.
In terms of pricing, Funded Trading Plus charges a one-time, non-refundable fee for the evaluation process. There are no monthly fees or other charges. Additionally, Funded Trading Plus offers discounts for traders who have completed the evaluation process with other providers, such as FTMO or MyForexFunds.
Overall, Funded Trading Plus is a reputable prop trading firm that offers traders the opportunity to access capital and improve their trading skills. With a range of programs, trading instruments, and fast payouts, Funded Trading Plus is a great option for traders looking to take their trading to the next level.
How to Join Funded Trading Plus
If you’re interested in joining Funded Trading Plus, there are a few requirements and an evaluation process you must go through. Here’s what you need to know:
Requirements
Before you can start the evaluation process, there are a few requirements you must meet. These include:
- A minimum age of 18 years old
- A valid government-issued ID
- A trading account with a broker that supports the trading platform used by Funded Trading Plus
- Basic knowledge of trading and risk management
- A stable internet connection and a computer or mobile device capable of running the trading platform
Evaluation Process
The evaluation process is a two-phase evaluation that aims to assess your trading skills and risk management abilities. Here’s what you can expect from each phase:
Phase 1 – Assessment
In this phase, you will be given a demo account with a starting balance of $50,000. You will have a maximum of 30 days to reach the profit target of 10%. The daily loss limit is $1,000, and the relative drawdown cannot exceed 5%.
You will need to trade a minimum of 15 trading days, and there is no minimum trading volume required. Your performance will be evaluated based on your profit and loss statement, trading history, and risk management.
Phase 2 – Live Account
If you pass the assessment phase, you will be given a live trading account with a funded amount based on your chosen evaluation type. You can choose between three evaluation types: Single Phase, Experienced Trader, and Advanced Trader.
The Single Phase evaluation type has a refundable fee of $125 and a maximum leverage of 50:1. The Experienced Trader and Advanced Trader evaluation types have a monthly fee of $199 and $299, respectively, and a maximum leverage of 100:1.
You will have no time limit to reach the profit target of 10%, and there is no daily loss limit. Your performance will be evaluated based on your profit and loss statement, trading history, and risk management.
Conclusion
Joining Funded Trading Plus is a great opportunity for traders looking to receive funding and trade with a prop trading firm. The company provides instant funded accounts, a scaling plan, and customer support. It’s important to note that Funded Trading Plus is based in London, UK, and is led by CEO Simon Massey.
If you’re interested in joining Funded Trading Plus, be sure to read their terms and conditions carefully and reach out to their customer support team if you have any questions.
Funded Trading Plus Programs
Funded Trading Plus offers three different programs for traders, each with its own set of requirements and benefits. These programs are designed to help traders grow their accounts and become profitable while minimizing risk.
Advanced Trader Program
The Advanced Trader Program is designed for traders with some experience who are looking to take their trading to the next level. This program requires a minimum evaluation period of 15 trading days and a profit target of 10%. Traders in this program can trade Forex and indices, and they are provided with a maximum leverage of 100:1. The program offers a 50/50 profit split, with a minimum account size of $12,500.
Master Trader Program
The Master Trader Program is for experienced traders who are already profitable and looking to scale up their trading. This program requires a minimum evaluation period of 30 trading days and a profit target of 10%. Traders in this program can trade Forex, indices, and commodities, and they are provided with a maximum leverage of 200:1. The program offers an 80/20 profit split, with a minimum account size of $50,000.
Single Phase Evaluation
Funded Trading Plus offers a single-phase evaluation process for both the Advanced Trader and Master Trader programs. During the evaluation period, traders are required to meet certain profit targets and risk management guidelines. Once the evaluation period is complete, traders who meet the requirements are funded and can start trading with real capital.
Dashboard and Trading Platforms
Funded Trading Plus provides traders with a user-friendly dashboard and access to multiple trading platforms, including TradingView. Traders can monitor their progress and manage their trades through the dashboard, which offers real-time data and analytics.
Customer Support
Funded Trading Plus offers exceptional customer support to its traders. The company’s team of experts is available to answer questions and provide guidance throughout the evaluation and trading process.
Headquarters
Funded Trading Plus is headquartered in London, UK, and is led by CEO Simon Massey. The company is a leading prop trading firm and has gained a reputation for providing traders with instant funded accounts and a transparent, reliable trading environment.
Pricing
Funded Trading Plus charges a one-time, non-refundable fee for its evaluation process. Traders who are funded are not charged any monthly fees or commissions. The company’s pricing is competitive with other prop trading providers, such as FTMO and MyForexFunds.
Withdrawals
Traders who are funded by Funded Trading Plus can withdraw their profits at any time. The company offers fast and reliable withdrawal processing, with most withdrawals processed within 24 hours.
In conclusion, Funded Trading Plus offers a range of programs and services designed to help traders become profitable and minimize risk. With its single-phase evaluation process, user-friendly dashboard, and exceptional customer support, Funded Trading Plus is a top choice for traders looking to take their trading to the next level.
Trading with Funded Trading Plus
Funded Trading Plus is a prop trading firm that provides traders with the opportunity to trade with a funded account. Here we will discuss the rules and guidelines, profit split, profit target, and withdrawal process when trading with Funded Trading Plus.
Rules and Guidelines
To trade with Funded Trading Plus, traders must pass an evaluation process. The evaluation process consists of two phases: the assessment phase and the funded phase. The assessment phase has a minimum trading period of 15 days, and the funded phase has a minimum trading period of 30 days. Traders must follow the rules and guidelines provided by Funded Trading Plus during both phases to maintain eligibility for the funded account.
Profit Split
Funded Trading Plus offers a profit split ranging from 70% to 90% based on the profit generated by the trader when trading with 1:30 leverage. The profit split is determined by the scaling plan for the master trader program account, which can be found on the Funded Trading Plus website.
Profit Target
Traders must meet the profit target set by Funded Trading Plus to be eligible for the profit split. The profit target varies based on the evaluation type and account size. Traders can find the profit target for their account on the Funded Trading Plus website.
Withdrawal Process
Traders can withdraw their profits from Funded Trading Plus at any time. To withdraw profits, traders must submit a withdrawal request through the Funded Trading Plus dashboard. Withdrawals are processed within 24 hours.
Funded Trading Plus charges a monthly fee for their services. The fee varies based on the account size and evaluation type. The fee is refundable if the trader passes the evaluation process within the specified timeframe.
Funded Trading Plus offers traders a variety of trading instruments, including forex, commodities, and indices. Traders can use popular trading platforms like TradingView to trade with Funded Trading Plus.
Funded Trading Plus is headquartered in London, UK, and provides customer support through various channels, including YouTube and article providers. Simon Massey is the CEO of Funded Trading Plus, and the company has gained a reputation as a reliable forex prop firm.
In summary, Funded Trading Plus offers traders the opportunity to trade with a funded account, with a profit split ranging from 70% to 90%. Traders must follow the rules and guidelines provided by Funded Trading Plus during the evaluation process and meet the profit target to be eligible for the profit split. Traders can withdraw their profits at any time through the Funded Trading Plus dashboard.
Customer Support
Funded Trading Plus is well-known for its exceptional customer support, which has been instrumental in the success of many traders. The company’s dedicated support team is always ready to help traders with any questions they may have, no matter how complicated.
Contact Information
If you need assistance, you can contact Funded Trading Plus through their website’s contact form. The support team will then create a ticket and get back to you as soon as possible. You can also reach out to them via email at [email protected].
FAQs
Funded Trading Plus has an extensive FAQ section on their website that covers a wide range of topics. If you have any questions about the company, trading, or the evaluation process, you can find answers there.
Some of the most frequently asked questions include:
- What is Funded Trading Plus?
- How does the evaluation process work?
- What is the maximum leverage available?
- What trading platforms can I use?
- What are the account sizes available?
- What trading instruments can I trade?
- What is the refundable fee?
- How long does it take to get funded?
The company also offers a two-phase evaluation process that allows traders to demonstrate their skills and earn a funded trading account. The first phase is the Assessment Phase, where traders must meet the minimum trading days and profit targets. The second phase is the Scaling Plan, where traders must demonstrate consistency and risk management skills.
Funded Trading Plus is a forex prop firm that offers instant funded trading accounts to successful traders. Their pricing is competitive, and they offer a monthly fee that is lower than many other providers. They also offer a refundable fee, which means that if you pass the evaluation process, you can get your fee back.
In conclusion, Funded Trading Plus is a reputable prop trading firm that offers excellent customer support and a fair evaluation process. Their team is always available to assist traders, and their FAQ section is comprehensive and informative. If you are looking for a reliable forex prop firm, Funded Trading Plus is definitely worth considering.
Frequently Asked Questions
What are the requirements to qualify for Funded Trading Plus?
To qualify for Funded Trading Plus, you need to pass the evaluation process. This evaluation process assesses your trading skills and risk management abilities. The evaluation process has two stages, the first stage is a demo account evaluation, and the second stage is a live account evaluation. The requirements for each stage are different, but you will need to demonstrate that you can trade profitably and manage risk effectively.
How does the Funded Trader Program work?
The Funded Trader Program is a program that allows traders to trade a funded account. The program has different levels, and each level has different requirements and profit targets. Once you have passed the evaluation process, you can start trading a funded account. You will receive a profit split of up to 80%, depending on the level you are trading.
What is the maximum amount I can receive from Funded Trading Plus?
The maximum amount you can receive from Funded Trading Plus depends on the level you are trading. The maximum amount ranges from $50,000 to $2,500,000. The profit split also depends on the level you are trading, and it ranges from 50% to 80%.
Can I trade any instrument with a funded trading account?
Funded Trading Plus offers a wide range of instruments, including forex, indices, commodities, and cryptocurrencies. You can trade any instrument that is available on the platform with your funded trading account.
What happens if I exceed the maximum drawdown limit?
If you exceed the maximum drawdown limit, you will no longer be able to trade the funded account. You will need to restart the evaluation process to trade a funded account again.
Is there a monthly fee for Funded Trading Plus?
There is no monthly fee for Funded Trading Plus. However, there are fees associated with the evaluation process, and there are also fees associated with the use of the trading platform. Please refer to the Funded Trading Plus website for more information on fees.
That’s it for the Frequently Asked Questions section.
