The primary criticism of prop trading firms is the lack, if not absence, of their regulatory compliance.
Funded Trading Plus, established in 2021 in the United Kingdom, piqued the interests of our experts as they remain compliant with international Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) efforts. This prop firm offers a total of 18 funded accounts, with a starting capital of up to $200,000 and a maximum profit split of 90:10.
Upon testing this firm and taking up the challenge, our TRU experts noted that Funded Trading Plus stands out in terms of the allowable tools and resources available for use during challenges. Ultimately, this prop firm allows challengers to use EAs, trade the news, and copy trade.
Want to learn more about this prop trading firm? Read this expert Funded Trading Plus Review to walk through everything you must know before you open an account and take up your trading challenges.
Overview of Funded Trading Plus
Established by Simon Massey in the United Kingdom, Funded Trading Plus has been funding professional traders since 2021. FTP is one of the few prop trading firms that legally accept U.S. traders.
It offers 18 different funded accounts across five programs: Experienced, Prestige, Premium, Advanced, and Master. Upon using this prop firm, our TRU experts reported that traders could choose one-phase, two-phase, and even instant evaluation for account opening.
While trailing behind FTMO and FundedNext, FTP’s maximum funded capital of $200,000 complies with the AML/CFT standards. All FPT accounts have a maximum simulated leverage of 30:1. Additionally, this prop firm partners with multi-regulated online brokers like Eightcap and ThinkMarkets.
For its cons, our TRU experts noted that Funded Trader Plus fees are significantly higher than the industry average. The platform imposed a non-refundable account opening fee ranging from $199 to $4,500.
The firm only offers Contract-for-Difference trading, which is a hindrance to those professional traders who want to trade real assets or futures.
Is Funded Trading Plus Legit and Regulated?
At their core, prop trading firms don’t facilitate direct investment services to their clients. They don’t offer direct exchange of financial products or any broker-dealing services. Thus, prop firms are naturally not subject to the laws and regulations of financial regulatory bodies.
However, what’s good about Funded Trading Plus is that it acknowledges its influence on the financial decisions and investment access of its clients. It remains compliant with international standards for combating money laundering and financing of terrorism.
FTP doesn’t provide services to countries with contrasting laws and regulations about prop trading. With respect to their local financial laws, FTP doesn’t direct its services to residences in the following countries:
- North Korea
- Myanmar
- Cuba
- Syria
- Iran
- Pakistan
- Vietnam
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Funded Trading Plus Challenges
Funded Trading Plus stays true to its promise of catering to the diverse needs and preferences of professional traders. To ensure that the firm will be valuable to numerous traders, Funded Trading Plus launched four challenge categorizations:
Challenge | Description | Programs |
---|---|---|
One-Phase Challenge | Allows single evaluation for funded account eligibility | Experienced Program |
Two-Phase Regular Challenge | Involves progressive, two-step assessment for funded account eligibility. | Premium and Advanced |
Two-Phase Static Drawdown Challenge | Incorporates static drawdown evaluation | Prestige |
Instant Evaluation | Presents an opportunity for immediate transition to live funded account | Master |
Upon testing all challenges, the TRU expert found that a Two-Phase regular challenge plan works best for those traders new to funded trading. With its lenient trading day requirement and static drawdown rule, beginner-funded traders have enough playing ground to become familiar with the system without facing immediate account closure.
Instant evaluation accounts were deemed the least worthy by our TRU experts. You can open a cheaper funded account with similar opportunities.
Funded Trading Plus Program Types
Funded Trading Plus offers 18 funded accounts across five different programs.
Upon testing hundreds of prop trading firms, our TRU experts noted that FTP’s comprehensive account selection is a standout compared to its leading competitors, FTMO and FundedNext.
Read More: FTMO Review in 2025: Legit or Scam Prop Firm?
Given that the trading conditions and rules apply uniformly across all accounts within each program, our experts tested one account per program.
Experienced Trader Program
Funded Account | Challenge Fee | Minimum Trading Day | Weekend Holding? |
---|---|---|---|
$12,500 | $119 | 0 day | Yes |
$25,000 | $199 | 0 day | Yes |
$50,000 | $349 | 0 day | Yes |
$100,000 | $499 | 0 day | Yes |
$200,000 | $949 | 0 day | Yes |
Experienced trader accounts are under the one-phase challenge program, allowing applicants to access funded accounts of up to $200,000 with only a single evaluation.
Upon successfully completing the evaluation, the applicant will transition into becoming an FTP-funded trader. The initial 80:20 profit split can scale up to 100:0, given that the trader continuously hits its target profit and remains in good standing by limiting daily loss to 4% and overall drawdown to 6%.
Our experts noted that FTP spreads lack clarity, which is a major drawback as traders are blindsided by the critical trading cost aspect.
Premium Trader Program
Funded Account | Challenge Fee | Minimum Trading Day | Weekend Holding |
---|---|---|---|
$25,00 | $247 | 0 day | Yes |
$50,000 | $397 | 0 day | Yes |
$100,000 | $547 | 0 day | Yes |
$200,000 | $1,097 | 0 day | Yes |
Funded accounts under the Premium Trader program involve a two-evaluation process to access a funded account of up to $200,000 with a starting profit share of 80:20.
During the first phase, the challenger should increase the account’s capital by 8%, which will decrease to 6% in the second phase. For losses, premium trading accounts should not incur 4% daily losses and 8% maximum losses.
Once the applicant passes the evaluation, they will immediately have access to a funded live account. Their funded capital can be scaled up to 10% of the simulated profits gained.
Advanced Trader Program
Funded Account | Challenge Fee | Minimum Trading Day | Weekend Holding |
---|---|---|---|
$25,000 | $249 | 0 day | No |
$50,000 | $399 | 0 day | No |
$100,000 | $549 | 0 day | No |
$200,000 | $1,099 | 0 day | No |
The accounts under the advanced trader challenge program undergo a two-phase evaluation process. Similar to the Premium accounts, challengers to this program can access up to $200,000 funded accounts with a minimum profit share of 80%.
However, the differences between the two programs go beyond the challenge fees. Advanced funded accounts should gain at least 10% during the first phase and 5% during the second phase. Additionally, traders must limit their daily losses to 5% and maximum losses to 10%.
The selected funded traders can then scale up their account capital by 20% of their target profit.
Prestige Trader Program
Funded Account | Challenge Fee | Minimum Trading Day | Weekend Holding |
---|---|---|---|
$25,000 | $299 | 3 profitable days | Yes |
$50,000 | $459 | 3 profitable days | Yes |
$100,000 | $649 | 3 profitable days | Yes |
Similar to those of Advanced and Premium programs, the accounts under the Prestige program follow a two-evaluation process to select qualified funded traders. While it offered starting capital caps at $100,000, its static drawdown policy is ideal for new traders trying funded account challenges.
The static drawdown policy ensures that your drawdown throughout all phases remains the same.
During the first phase, the trader should generate a 10% profit relative to the account’s starting capital. This profit target will then decrease to 5% in the second phase. Once the trader passes the two-phase evaluation, they will immediately transition to a live account.
Master Trader Program
Funded Account | Challenge Fee | Maximum Trading Day | Weekend Holding |
---|---|---|---|
$5,000 | $225 | 0 day | No |
$10,000 | $450 | 0 day | No |
$25,000 | $1,125 | 0 day | No |
$50,000 | $2,250 | 0 day | No |
$100,000 | $4,500 | 0 day | No |
Funded Trading Plus Trading Platforms
Funded Trading Plus knew the importance of traders’ platform familiarity to attain their trading goals or, contextually, to pass trading challenges. Thus, this prop firm provides access to four of the most popular trading platforms out there, which are:
- DXTrade
- Match Trader
- cTrader
- MetaTrader 5 (MT5)
Non-US traders can access all FTP-supported trading platforms. However, U.S. citizens are prohibited from using MT5 and cTrader, as these platforms discontinued servicing the residents of the country to comply with the local financial law.
Frequently Asked Questions
Does Funded Trading Plus Close Inactive Account?
Yes, the firm closes accounts if the funded trader fails to place any trade (either opening or closing position) in a 30-day period.
How Long Does Funded Trading Plus Process Payout?
The payout policy of Funded Trading Plus is highly dependent on your account type. For your reference, here’s how long it would take for you to withdraw your earnings, given that you hit your profit target.
- Experience Accounts: 1st Day
- Prestige Accounts: 14th Day
- Premium Accounts: 7th Day
- Advanced Accounts: 1st Day
- Master Accounts: 1st Day
What Is the Withdrawal Policy of Funded Trading Plus?
According to our TRU experts, you can’t initiate a payout request if your funded account has an open trade. You can withdraw a minimum of $50 from your crypto wallet or bank account.
Is Funded Trading Plus Worth It in 2025?
Funded Trading Plus is a well-established prop trading firm. In fact, it stands out in terms of regulatory compliance and accessibility for the U.S. market. Known for having stringent investment and money management rules, the U.S. market is a benchmark for financial services providers.
Want to hear what other traders are saying about Funded Trading Plus? Or do you want to explore more prop trading firms with cheaper fees but comparable opportunities? Join CommuniTrade, connect with thousands of online traders worldwide, and leverage the power of community resources, insights, and support.