Funded Trading Plus: Review and Analysis [2024]

Funded Trading Plus is committed to the success of its traders. They offer the unique opportunity to trade accounts worth up to $200,000, with the potential to expand to a maximum of $2,500,000. Traders can choose from one assessment phase, two challenges during the assessment phase, or direct financing. Successful traders can earn up to one hundred percent of the profit split on their earnings.

The best way to continue the Funded Trading Plus broker’s review is to list the advantages and disadvantages of Funded Trading Plus prop trading firm to understand the prospects of the clients better.

The Funded Trading Plus company is a proprietary trading organization that provides traders with the chance to trade using the cash that the company has available. Traders can acquire access to a funded trading account that the company offers if they are successful in completing a number of evaluation processes. This gives customers the ability to trade a variety of financial assets, including stocks, foreign exchange, and futures, using the cash provided by the company rather than their funds.

Funded Trading Plus of Key Features

Opting for Funded Trading Plus provides a range of advantages:

• Flexibility: The company provides a variety of programs that cater to individuals at all skill levels, offering a wide range of account options and favorable profit-sharing arrangements.
• Unlimited Time Flexibility: Funded Trading Plus offers ample time to achieve profit goals during the assessment phase without any restrictions.
• Diverse Array of Trading Strategies: Our firm welcomes a wide range of trading strategies, offering traders greater flexibility in achieving their profit goals.
• Simulated Trading Experience: Provides trading enthusiasts with the opportunity to use simulated accounts and participate in the financial market.
• Master Trader Program: A dedication to swift and appropriate funding, guaranteeing traders possess sufficient capital.
• Efficient Assessment: A simplified procedure with no extended time constraints was created to facilitate a quicker onboarding encounter.
• Wide Range of Trading Options: Offers more than 250 cryptocurrency pairs, as well as forex, indices, and commodities, to accommodate different trading preferences.
• Profit Sharing Breakdown: Commences at 80%; once a 20% profit is achieved, traders are entitled to a 90/10 division, and subsequently 100% after reaching a 30% profit.
• Impressive TrustPilot Score: An outstanding rating of 4.9/5 based on 1870 reviews showcasing exceptional customer service and a delightful experience.
• Scaling Strategy: There is a possibility of increasing account size twofold, following a 10% gain, although it is recommended that a 13% profit be targeted for enhanced security.
• Experienced Founders: Guided by former city traders with a long history of involvement and guidance since 2013, offering a vast amount of knowledge and experience.
• Personalized Trading Programs: Custom programs created through extensive research guarantee that traders have access to unique sets.
• Customer Service: The company has garnered favorable feedback for its outstanding customer service, particularly highlighting Simon Massey, who is frequently commended for his helpful and prompt assistance.
• Unshakeable Dedication: With Funded Trading Plus as your steadfast companion, your sole objective remains clear: Trading. They are there to support you and take care of all the other tasks.
• Experienced Support: From 2013 onwards, the founders have been shaping traders. Moreover, they are not merely mentors but rather active traders in their own right.

Simon Massey serves as the Chief Executive Officer of Funded Trading Plus. He is an individual fueled by excitement and adventure, who, in his youth, embraced the notion that working as a first responder in emergency services would provide him with fulfillment and a promising future. Nevertheless, after a decade, he realized that this was different from the trajectory he was meant to pursue as he examined the way his future was taking shape. He chose to take a break and utilized the time to contemplate his possibilities for the upcoming days.

Simon was inspired to enter the world of finance by his friend Pasha, a former city trader at a prominent Wall Street bank who has achieved great success as a retail trader. While studying under Pasha, he realized that there were countless opportunities, which motivated him to embark on his own trading journey. After a few years, he made the bold decision to leave his job and pursue full-time trading.

Aside from engaging in trading, Simon also dedicated his efforts to assisting and guiding others. Trade Room Plus was created with the intention of sharing their expertise and helping others embark on their trading endeavors. Nevertheless, the concept of Funded Trading Plus originated from the significant advantage that Pasha possessed compared to typical retail traders – a substantial amount of capital. In this manner, by establishing the exclusive trading firm, they provide an opportunity for individuals to engage in trading with significantly more significant amounts of capital that would typically be inaccessible to ordinary retail traders.

Website	www.fundedtradingplus.com
CEO	Simon Paul Massey
Founded	2021
Account Currencies	USD
Starting Capital	$5,000 to $200,000
Profit Share	80% to 100%
Payment Methods	Cards, Bank Transfer, BTC
Max Drawdown	3% – 5%
Profit Target	10%
Tradable Products	Forex, Indices, Metals, Commodities
E-Mail	[email protected]

To determine whether or not a prop business such as Funded Trading Plus is legitimate, several factors must be considered. In addition to the company’s legal status, legitimacy also includes the company’s reputation, transparency, and track record of successful trading partnerships.

• Legal/License: The legal and regulatory frameworks of the nations in which Funded Trading Plus operates are adhered to by the company via its operations. Traders are provided with the essential documents and disclosures connected to their trading operations, and the company asserts that it is entirely in compliance with all applicable financial requirements.
• Reputation: An effective method for assessing a prop firm’s credibility involves evaluating its standing and feedback from current and past traders. Funded Trading Plus has built a solid reputation in the trading community, receiving widespread acclaim for its transparency, support, and profit-sharing agreements. Traders have expressed their satisfaction with the firm’s services and have highlighted these aspects as particularly commendable. However, it’s essential to acknowledge that experiences can differ, and some traders have raised concerns or voiced criticisms regarding specific aspects of the company’s operations or practices. Like any service, it’s essential to thoroughly investigate and consider various viewpoints before making a well-informed choice.
• Safety: From the information and reviews available, Funded Trading Plus seems to be a genuine proprietary trading firm. They have a clear business model and are generally well-regarded within the trading community. Nevertheless, it is crucial to acknowledge that outcomes can differ, and each trader’s interpretation of authenticity can vary. Although Funded Trading Plus operates within legal and regulatory boundaries and offers comprehensive information about its services, potential traders must independently research, examine the firm’s terms and conditions, and thoroughly assess whether the firm’s offerings align with its trading objectives and risk tolerance. Furthermore, it is crucial to keep in mind that trading accounts that receive funding and profit-sharing agreements carry inherent risks. The outcomes of individual trades may differ depending on market conditions, trading strategies, and risk management techniques.

Funded Trading Plus stands out from other top prop firms trading by providing a range of distinct account options: a single-step evaluation, two two-step evaluations, and an immediate funding program. Moreover, they offer a plethora of advantageous characteristics, including an infinite trading duration, absence of minimum trading day prerequisites, elimination of evaluation phases (Master Trader Program), immediate withdrawal eligibility upon achieving funded status (excluding Premium Trader Program), weekly withdrawals, and a profit division of up to 100%.

The Experienced Trader Program offered by Funded Trading Plus is a comprehensive evaluation process that traders must complete in order to qualify for payouts. The desired profit goal is set at 10%, accompanied by strict adherence to a maximum daily loss of 4% and a maximum trailing loss of 6%. There are no specific trading day requirements that you need to meet during the evaluation phase. The Trader Program for Experienced Individuals also offers an unparalleled scaling strategy, enabling traders to handle even larger account sizes effectively. In contrast to other funding programs in the industry, the Experienced Trader Program is truly unique. It offers an unlimited trading period without any minimum trading day requirements. Moreover, traders can make their first withdrawal from day one after achieving funded status. Additionally, the program allows for weekly withdrawals and offers a profit split of up to 100%.

The Advanced Trader Program offered by Funded Trading Plus is a comprehensive two-step evaluation process that traders must complete in order to qualify for payouts. The initial goal is to achieve a 10% profit in the first phase, followed by a 5% profit in the second phase. To ensure prudent risk management, there are rules in place that limit daily gains to a maximum of 5% and losses to a maximum of 10%. There are no specific trading day requirements that you need to meet during either of the evaluation phases. The Advanced Trader Program offers an exceptional scaling strategy, enabling traders to handle larger account sizes effectively. In contrast to other funding programs in the industry, the Advanced Trader Program distinguishes itself by offering an indefinite trading period, no mandatory trading day quotas, immediate withdrawal eligibility upon achieving funded status, weekly withdrawals, and a profit split of up to 100%.

Funded Trading Plus offers the Premium Trader Program, a comprehensive two-step evaluation process that traders must complete in order to qualify for payouts. The desired profit goal for phase one is 8%, which decreases to 5% in phase two. Additionally, there are strict rules in place to limit daily losses to a maximum of 4% and overall losses to a maximum of 8%. There are no specific trading day requirements that you need to meet during either of the evaluation phases. The Premium Trader Program also offers a one-of-a-kind scaling plan, enabling traders to handle larger account sizes effectively.

In comparison to other funding programs in the industry, the Premium Trader Program is unique in several ways. It offers an unlimited trading period, meaning there are no restrictions on how long you can trade. Additionally, there are no minimum trading day requirements, giving you the freedom to trade at your own pace. Another standout feature is the ability to make your first withdrawal after just seven calendar days. Furthermore, the program allows for weekly withdrawals, providing you with regular access to your profits. Lastly, the profit split can go up to 100%, ensuring that you receive a significant portion of the profits you generate.

The Master Trader Program offered by Funded Trading Plus provides traders with a direct funding account, eliminating the need for an evaluation process and enabling them to start earning right away. Withdrawal requirements are not applicable, as there are only rules limiting daily gains and losses to a maximum of 6%. There are no specific limits or restrictions on the number of trades you can make in a day. The Master Trader Program also offers an exclusive scaling plan, enabling traders to handle larger account sizes effectively. The Master Trader Program distinguishes itself from other funding programs in the industry with its unique features. These include an unrestricted trading period, no minimum trading day obligations, no evaluation phases, the ability to make withdrawals from day one after achieving funded status, weekly withdrawals, and the potential to receive a profit split of up to 100%.

Ultimately, Funded Trading Plus sets itself apart from other top prop firms by providing a selection of distinct account types: a streamlined evaluation process, two multi-step evaluations, and a rapid funding program. Moreover, they offer a wide range of advantageous features, including an unrestricted trading period, no minimum trading day obligations, no evaluation phases in the Master Trader Program, the ability to make a first withdrawal immediately after achieving funded status (excluding the Premium Trader Program), weekly withdrawals, and a profit split of up to 100%.

The following are the four distinct funding program options that are available to traders through Funded Trading Plus:

• Experienced Trader Program
• Advanced Trader Program
• Premium Trader Program
• Master Trader Program

Funded Trading Plus offers a remarkable program for experienced traders, allowing them to handle account sizes ranging from $12,500 to $200,000. The goal is to find skilled traders who are successful and can effectively handle risk during a single evaluation period. With the Experienced Trader Program, you have the opportunity to engage in trading with leverage of up to 1:30.

In the evaluation phase, traders must achieve a profit goal of 10% without exceeding their 4% limit on daily losses or their 6% limit on trailing losses. Regarding time constraints, please be aware that there are no specific minimum or maximum trading day obligations in phase one. In order to achieve funded status, all you need to do is meet the 10% profit goal while staying within the boundaries of the daily maximum and maximum loss limits.

Upon successfully finishing the evaluation phase, you will be granted a fully funded account without any obligations to meet minimum withdrawal criteria. Please ensure that you adhere strictly to the guidelines of limiting your daily loss to a maximum of 4% and your trailing loss to a maximum of 6%. If you’re able to generate a profit, you can receive your first payout as early as day one. Subsequent withdrawals can be made on a weekly basis. You will receive a profit split ranging from 80% to 100%, depending on the profit generated from your funded account.

Program for Experienced Traders to Enhance Scaling Strategies

The Experienced Trader Program also offers a plan for scaling. Once a trader achieves a 10% profit goal, they can expand their account to the next available size, allowing for greater scalability. It is essential to understand that if you choose to grow your account, you will not have to give up any of your earnings.

An example:

The goal for the funded account with a balance of $100,000 is to achieve a 10% profit.

• Week 1: Achieve a profit margin of 4%.
• Week 2: Achieve a 6% increase in profitability.

The accumulated earnings over the past fortnight amount to 10%, thereby meeting the necessary profit threshold for expanding the account. Please submit a support ticket to Funded Trading Plus and ask them to increase the size of your trading account. For a short period, your account will be deactivated, and the balance of your new account will be boosted to $210,000, up from the previous balance of $110,000.

Remember that you have the option to withdraw your earnings before reaching the 10% profit goal on your Experienced Trader Program. Nevertheless, it would help if you achieved a cumulative generated profit of 10% to qualify for expanding your funded account.

Trading Rules and Objectives of the Experienced Trader Program

• Traders are required to reach a specific profit percentage in order to complete an evaluation phase, withdraw their earnings, or expand their trading account. The desired goal for the assessment stage is a 10% profit target. Profit targets are not specified for funded accounts.
• Highest Daily Loss – The utmost limit of loss that a trader can incur in a solitary day of Trading without surpassing the account’s threshold. Every account, regardless of its size, is subject to a daily loss limit of 4%.
• The trader’s allowable loss without exceeding the account is determined by the disparity between the highest attained account balance and the lowest drawdown point, known as the maximum trailing loss. For every account size, there is a cap on the potential loss at 6%.

Funded Trading Plus’s Advanced Trader Program allows $25,000–$200,000 account management. During the two-step review, competent traders who can manage risk profitably are sought. You can trade with 1:30 leverage in the Advanced Trader Program.

Evaluation phase one asks traders to accomplish a 10% profit objective without exceeding their 5% daily loss or 10% trailing loss limits. No minimum or maximum trading day is required during phase one. To advance to phase two, you must only make 10% profit without exceeding the daily or loss limits.

In evaluation phase two, traders must accomplish a 5% profit objective without exceeding their 5% daily loss or 10% trailing loss limits. Phase two has no trading day minimum or maximum. To get financed, you need to make a 5% profit without exceeding the daily or loss limits.

Complete the evaluation steps to receive a funded account with no minimum withdrawal. You must only follow the 5% daily and 10% trailing loss limits. If you make a profit, you can withdraw on day one, and all other withdrawals can be made weekly. Your funded account profit will determine your profit split: 80%–100%.

Advanced Trader Scaling Plan

Scaling is part of the Advanced Trader Program. Traders that meet a 20% profit objective can scale to the following account size. Please note that scaling your account will not lose gains.

Example:

The profit objective for the $100,000 financed account is 20%.

• Week 1: 8% profit.
• Week 2: Profit 12%.

The account can be scaled because it has attained the 20% profit objective in the past two weeks. Send Funded Trading Plus a support ticket to grow your trading account. After temporarily deactivating your account, the amount will rise to $220,000 from $120,000.

Please note that you can withdraw winnings before attaining the 20% Advanced Trader Program profit objective. To grow your financed account, you must produce 20% profit.

Advanced Trader Scaling Plan

To complete an assessment phase, withdraw winnings, or scale their trading account, traders must meet a profit target. Phase 1 has a 10% profit objective, whereas Phase 2 has 5%. Profit objectives are not set for funded accounts.

The most significant loss a trader may lose in a day without breaking the account. All account sizes might lose 5% daily.

The most significant trailing loss a trader may suffer without breaking the account is the difference between the highest attained account balance and the lowest drawdown point. The maximum trailing loss is 10% for all accounts.

Friday’s market closing must conclude trades to avoid weekend holding.

Stop-loss A stop-loss must be placed in each position before trading.

The following are the four distinct funding program options that are available to traders through Funded Trading Plus:

• Experienced Trader Program
• Advanced Trader Program
• Premium Trader Program
• Master Trader Program

Funded Trading Plus’s Premium Trader Program lets traders handle $25,000–$200,000 accounts. During the two-step review, competent traders who can manage risk profitably are sought. Trade with 1:30 leverage using the Premium Trader Program.

In evaluation phase one, traders must accomplish an 8% profit objective without exceeding their 4% daily loss or 8% trailing loss limits. No minimum or maximum trading day is required during phase one. To enter phase two, you must only make 8% profit without exceeding the daily or loss limits.

Evaluation phase two asks traders to accomplish 5% profit targets without exceeding their 4% daily loss or 8% trailing loss limits. Phase two has no trading day minimum or maximum. To get financed, you just need to make a 5% profit without exceeding the daily or loss limits.

Complete the evaluation steps to receive a funded account with no minimum withdrawal. You must only follow the 4% daily and 8% trailing loss limits. Your first payment is seven calendar days after placing your first position on your funded account, and all further withdrawals are weekly. Your funded account profit will determine your profit split: 80%–100%.

Plan to Scale Premium Trader

Scaling is available for the Premium Trader Program. Traders who accomplish a 10% profit objective can scale to the following account size. Please note that scaling your account will not lose gains.

Example:

The profit objective for the $100,000 financed account is 10%.

• Week 1: 4% profit.
• Week 2: Make 6% profit.

The account can be scaled because it has attained the 10% profit objective in the past two weeks. Send Funded Trading Plus a support ticket to grow your trading account. Your account will be temporarily deactivated and reset to $210,000 from $110,000.

Your Premium Trader Program allows you to withdraw gains before meeting the 10% profit objective. To grow your financed account, you must make a 10% profit.

Trading Rules and Goals for Premium Trader

• To complete an assessment phase, withdraw winnings, or scale their trading account, traders must meet a profit target. Phase 1’s profit aim is 8%, while Phase 2’s is 5%. Profit objectives are not set for funded accounts.
• The most significant loss a trader may lose in a day without breaking the account. All account sizes might lose 4% daily.
• The most tremendous trailing loss a trader may suffer without breaking the account is the difference between the highest attained account balance and the lowest drawdown point. The maximum trailing loss is 8% for all accounts.

Funded Trading Plus’s Master Trader Program lets traders handle $5,000–$100,000 accounts. This will allow traders to bypass the assessment and start profiting immediately. You can trade with 1:30 leverage in the Master Trader Program.

Master Trader Program buyers receive funded accounts with no minimum withdrawals. You must only follow the 6% daily and trailing loss limits. If you make a profit, you can withdraw on day one, and all other withdrawals can be made weekly. Your funded account profit will determine your profit split: 80%–100%.

Scaling Plan for Master Trader

Master Trader Program scales. Traders who accomplish a 10% profit objective can scale to the following account size. Please note that scaling your account will not lose gains.

Example:

The profit objective for the $100,000 financed account is 10%.

• Week 1: 4% profit.
• Week 2: Make 6% profit.

The account can be scaled because it has attained the 10% profit objective in the past two weeks. Send Funded Trading Plus a support ticket to grow your trading account. Your account will be temporarily deactivated and reset to $210,000 from $110,000.

Remember that you can withdraw winnings before attaining the 10% Master Trader Program profit objective. To grow your financed account, you must make a 10% profit.

Trading Goals and Rules for Master Trader

• The most significant loss a trader may lose in a day without breaking the account. All account sizes might lose 6% daily.
• The most significant trailing loss a trader may suffer without breaking the account is the difference between the highest attained account balance and the lowest drawdown point. The maximum trailing loss is 6% for all accounts.
• Friday’s market closing must conclude trades to avoid weekend holding.

Profit Splits

The profit-sharing approach that Funded Trading Plus uses allows traders and the company to divide the earnings earned from the funded trading accounts. However, the profit-sharing percentages typically range from 50/50 to 80/20 in favor of the trader. This is because the ratios can change depending on the account level and the trader’s success.

Using a profit-sharing ratio of 70/30, for instance, the trader would receive 70 percent of the profits made, while Funded Trading Plus would keep 30 percent of the earnings. To guarantee openness and ensure that your expectations are met, it is essential to examine the particular profit-sharing ratios and terms that are linked with each account level.

You will have access to the most common trading platforms that are utilized by Forex brokers when you purchase Funded Trading Plus.

You are able to use cTrader, TradingView, MatchTrader, and DXtrade.

Trading Instruments

You are able to trade a wide variety of trading instruments with Funded Trading Plus. These trading instruments include FX pairs, commodities, indices, and cryptocurrencies. The leverage that you may use, depending on the trading instrument that you are trading, can go up to 1:30.

Trading Platforms

EightCap, the company’s affiliated broker, provides cutting-edge trading platforms like MT4 and MT5. Traders can choose their preferred platform and begin trading with spreads starting from 0 pips. The platforms are accessible from various devices, such as mobile and desktop, and offer the flexibility to use custom indicators, EAs, or trading robots.

Trading Fees

Traders are required to make an initial payment, with fees varying from $119 to $4,500. These fees will be reimbursed once the challenge is completed. Unsuccessful attempts, in cases where the daily or overall loss limit is breached, lead to the payment of a reset fee, the specific amount of which needs to be disclosed on the company’s website. In most instances, Funded Trading Plus typically receives a portion of its profits ranging from 10% to 20%. The trading fees are determined by Eightcap and ThinkMarkets, which are partnered with the prop firm.

1. Select Your Account: Select the type of program you want to use, the size of your account, and the trading platform you want to use.
2. Form of Registration: Once you have applied for the discount code, fill out the registration form with your personal information.
3. When you successfully use our discount code and complete the registration form, you can select your preferred method of payment. You can choose a credit or debit card or a cryptocurrency.
4. Receive Login Credentials: You will find an email from Funded Trading Plus with a greeting. This email will take you to the trading dashboard, where you will be able to obtain your login credentials for the Funded Trading Plus website and your freshly bought trading account.

The next part of Funded Trading Plus prop trading firm’s review is the review of payment methods. It is worth saying that Funded Trading Plus prop trading firm is trying to find its clients and regularly adds different payment methods. For example, recently, clients were able to withdraw funds via Skrill. In addition, bitcoin and bank transfers are available as withdrawal methods. Visa and bitcoin are also available for deposits.

Customer Support on Funded Trading Plus Company

Funded Trading Plus understands the significance of offering traders sufficient assistance and materials to assist them in achieving success. The company provides a range of assistance options, such as:

• Account Managers: Traders are assigned dedicated account managers who are there to offer guidance, address inquiries, and help with any account-related issues.
• Funded Trading Plus offers a range of educational resources, including webinars, video tutorials, and trading guides, to assist traders in improving their skills and knowledge of trading principles.
• Trading Community: Our company provides a platform for traders to connect, exchange ideas, and learn from each other’s experiences.
• Funded Trading Plus offers traders a range of risk management tools and resources to efficiently manage their trading positions and minimize potential losses.

With a wide range of assistance and abundant resources, Funded Trading Plus strives to empower traders with the expertise and resources needed to thrive in the funded trading arena.

Upon conducting a thorough evaluation of Funded Trading Plus, it becomes evident that the company presents a genuine and potentially profitable prospect for both novice and seasoned traders. Nevertheless, it is crucial to thoroughly evaluate the choice of participating in their funded account program, considering one’s unique trading objectives, willingness to take risks, and personal situation.

One advantage of Funded Trading Plus is that it offers traders the opportunity to trade using the company’s funds, which helps reduce the risks associated with investing personal capital. The company’s profit-sharing structure enables traders to potentially generate significant earnings without requiring a substantial initial investment. In addition, Funded Trading Plus provides a wide range of resources, comprehensive support, and a highly professional trading environment that promotes the growth and advancement of traders.

Nevertheless, it is crucial to remain mindful of the possible hazards and disadvantages linked to Trading with a funded account. Some potential drawbacks to consider are the possibility of account termination, a lack of complete control and independence, sharing profits and paying fees, dealing with psychological pressure, relying on the firm’s stability, and limited opportunities for diversification.

In order to make an informed decision about whether or not to trust and become a part of Funded Trading Plus, it is crucial to carefully assess the company’s services and policies and how well they align with your trading objectives and risk tolerance. By performing thorough research, examining trader testimonials and success stories, and thoughtfully evaluating the possible risks and rewards, prospective traders can make well-informed decisions.

For traders who are dedicated to enhancing their expertise, possess a firm grasp of risk management principles, and are willing to abide by the firm’s trading rules and guidelines, Funded Trading Plus could offer a promising chance to attain trading success and potentially yield substantial profits.