Pros
  • Has instant funding account
  • Live account
  • $2.5m scaling
  • No time limit for evaluation
  • News trading, overnight and Weekend holding allowed
  • EAs allowed
  • Fast customer service
Cons
  • Expensive no evaluation program
  • Master Trader drawdown at 5%
  • Experienced Trader daily drawdown only 3%
funded trading plus discount code 10% promo code

Funded Trading Plus Review

An extension to Trade Room Plus, Funded Trading Plus allows you further trading options. They offer 2 evaluation accounts and an instant funding account to bypass the evaluation phases. Read this review of Funded Trading Plus to find out more about the company’s funding options, fees, restrictions, and tradable assets.

About Funded Trading Plus

The Funded Trading Plus feature is an upgrade to the Trade Room Plus service. The UK’s leading live trade room for retail traders, Trade Room Plus launched in 2013. They are one of the few trading instructors that also trade for a living, and they have helped a great many retail traders learn how to make a living trading.

Lack of access to a large sum of capital is a typical difficulty for retail dealers. A tiny initial investment can only provide a little return, no matter how well they grasp the principles of sound financial management. Perhaps they have a lot of potential as traders, but they will never get a chance to show it because of a lack of financial resources.

So began the origins of Funded Trading Plus. Their goal is to pair highly skilled traders with large pools of capital so that both parties may benefit.

To maximize potential earnings, Funded Trading Plus let traders start with accounts of up to $200,000 before allowing them to scale up to $2,500,000. You have the option of either a single evaluation phase, two evaluation phases, or immediate funding. You will be paid up to 90% of the profit splits on your earnings once you have successfully completed the evaluation.

Funding Program Options

Accounts funded by Funded Trading Plus start at $12,500 and reach as high as $200,000, with a 90% profit share going to the trader. Funded Trading Plus gives its traders the option to pick between three distinct trading programs, which are as follows:

Experienced Trader Program

The Funded Trading Plus experienced trader program account is an evaluation program that consists of a single phase and has no time restrictions. You are eligible for a profit share of 80%, which may go as high as 90%, and you have a profit goal of 10%.

funded trading plus experienced

The Advanced Trader Program

The Funded Trading Plus advanced trader program account is a two-phased assessment program that does not impose any time restrictions. You are eligible for a profit share of 80%, which may go as high as 90%, and you have a profit goal of 10% for phase 1 and 5% for phase 2.

Advertisements

funded trading plus advanced

Master Trader Program

The Funded Trading Plus master trader program account is one that does not require an evaluation. What this implies is that you will receive funding immediately. You will receive a profit share of 70%, which may go as high as 90%, and there is no predetermined profit goal. The relative drawdown at 5% is all you need to keep an eye on.

All traders that pass an evaluation with Funded Trading Plus or are on their Master Trader Program are automatically placed on a real server rather than a demo server with EightCap. In order to limit their exposure to risk, risk management systems may choose to hedge some or all of their trade. At times, they may also choose to hedge their holdings by placing evaluation traders on a live server.

funded trading plus master

Fees

Funded Trading Plus requires only an initial cost and has no ongoing service or service charges. With prices ranging from $119 to $999, the Experienced Trader plan is the most affordable choice. The most expensive option is the no-evaluation, instant-funding account, which may cost you anywhere from $225 to $4,500 depending on the capital.

Experienced Trader

Capital – Fee:

$12,500 – $119

$25,000 – $199

$50,000 – $349

$100,000 – $499

$200,000 – $999

Advanced Trader

Capital – Fee:

$25,000 – $199

$50,000 – $349

$100,000 – $499

$200,000 – $999

Master Trader

Capital – Fee:

$5,000 – $225

$10,000 – $450

$25,000 – $1,125

$50,000 – $2,250

$100,000 – $4,500

Tradable Assets

Many different trading instruments are available for trading with Funded Trading Plus. You are permitted to trade in forex pairings, commodities, indices, and cryptocurrencies.

funded trading plus crypto

funded trading plus commodities funded trading plus indices

funded trading plus forex

Restrictions

There is no hard cap on the number of accounts you may have, however the maximum AUM (accounts under management) for the Experienced and Advanced Trader Programs is $400,000, and the maximum funding for all accounts is $2,500,000. You can’t execute identical trades in other accounts. The Experienced Trader Program allows for $200,000 per strategy, while the Advanced Trader Program and Master Trader Program each allow for $100,000 per strategy. Keep in mind the aforementioned per-strategy restriction when copying your own trades to a Funded Trading Plus program.

Experienced Trader Program

Funded Trading Plus allows traders in this account unlimited time to complete the assessment phase. They are also allowed to use any strategies including Expert Advisors (Providing they do not utilize arbitraging methods). You are free to carry on trades throughout the night and throughout the weekend. Just be sure to not breach their daily and overall drawdown.

funded trading plus experienced rules

Evaluation Type:

Single Phase

Relative Drawdown:

6%

Daily Drawdown

3%

Profit Target:

10%

Advanced Trader Program

The maximum drawdown available to traders in the advanced trader program is higher than in the experienced trader program. The same easy-to-follow rules as the Experienced Trader Program apply to traders in this program. Once you pass the second round of the Assessment, you’ll be given access to a real, funded trading account. 

Do not hold trades on the weekends; this is a soft limit that you do not want to breach. In other words, trading will end for the day on Friday at 4:30 p.m. EST (unless otherwise specified).

Also, a Stop Loss order is required before entering any trade. Otherwise, the deal will be closed without your involvement.

funded trading plus advanced rules

Evaluation Type:

2 Phases

Relative Drawdown:

10%

Daily Drawdown

5%

Profit Target Phase 1 | 2:

10% | 5%

Master Trader Program

The Master Trader Program has slightly different rules compared to the evaluation accounts. Although they do not have a profit target, the most important thing for this account is that do not breach their total drawdown limit of 5%. This would be considered a hard rule and will get your account canceled. The soft rule is to not hold trades over the weekend.

Traders should also be aware that the account’s circuit breaker will activate at the 20% profit level. Because of this, they are able to bring the percentage of the earnings that may be withdrawn automatically up from 70% to 80%.

Funded Trading Plus does, in fact, provide its traders with as much leeway as is reasonably possible. They permit overnight trading and holding and accept all strategies, including those implemented by Expert Advisors (Providing they do not utilize arbitraging methods).

Evaluation Type:

No Evaluation

Relative Drawdown:

5% of starting balance

Profit Target:

None

Challenge

The evaluation challenge has no minimum or maximum time restriction. It’s up to you how much time you want to spend on this. However, inactivity in trading for more than a month is an issue for them because of the costs associated with keeping track of all open accounts.

To prevent your trading account from being closed, please make sure that you trade at least once per 30 days.

You are free to choose whichever trading strategy suits your needs and preferences. Robots, Algos, and EAs may all be used to make trades. When deciding on a strategy or EA, it is crucial that you keep the rules and constraints in mind.

Other than the instant funding account, Funded Trading Plus also has a 1 phase and also a 2 phase evaluation phase to get through before you may trade with real money in Funded Trading’s funded accounts:

Experienced Trader Program 1 Phase

Evaluation Type:

Single Phase

Profit Split:

80/20 (up to 90/10)

Min. Trading Days:

None

Maximum Leverage:

Up to 1:30

Relative Drawdown:

6%

Daily Drawdown

3%

Profit Target:

10%

Advanced Trader Program 2 Phases

Evaluation Type:

2 Phases

Profit Split:

80/20 (up to 90/10)

Min. Trading Days:

None

Maximum Leverage:

Up to 1:30

Relative Drawdown:

10%

Daily Drawdown

5%

Profit Target Phase 1 | 2:

10% | 5%

In Conclusion

Finally, Funded Trading Plus is a genuine prop trading firm that gives traders a selection between three levels of funding (Experienced, Advanced, and Master).

It is wonderful that they offer a possibility for traders to obtain instant funding. However, the price is fairly high, but on the other hand, the profit share is far more than what is often offered by instant funding prop firms. If you want instant funding, but also want a much higher profit split, this could be a prop firm for you.

Another thing that is good about this prop firm is that, at checkout, there is now an add-on option for TradingView for an additional $80 fee. Please be aware that TradingView offers a monthly membership that removes advertisements for a price. The $80 price for Funded Trading Plus through TradingView is for nothing more than a link to EightCap. You and TradingView are the only parties involved in any subscriptions.

TradingView’s markets are all Standard Spread markets, not RAW markets. To explain it more clearly, they have a RAW account and a Standard account. Which option you select will determine the commissions and fees you pay. A commission or spread is used to cover the costs of trading on a Standard account, whereas a spread is used for Raw accounts.

Funded Trading Plus Coupon Code

If you are interested in trying out Funded Trading Plus, you can enter our special discount code FTR. It offers you a 10% discount along with a couple of other benefits: a 115% refund of your evaluation once you reach 10% profit on your live account, as well as an 85% profit split on experienced and advanced accounts.

*Please note that discounts do not apply to Master account purchases.

 

 

Funded Trading Plus Review Details

Trading Platform:
Deposit Methods:
Withdrawal Methods:
Tradable Instruments:
Brokers:
Account Currencies:
Leverage:

There are no reviews yet.

Be the first to review “Funded Trading Plus Review”

Your email address will not be published.

Overall Rating

Funded Trading Plus Review
4.1/5