(4.0 / 5)2+ Ratings

Funded Trading Plus Reviews

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Overall Rating

4.0

2 Reviews

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About Funded Trading Plus

Funded Trading Plus (FT+) is a proprietary trading firm founded in 2021, based in London, UK. Here are the key points about their services and products:

Products and Services

Simulated-Live Trading Programs:
- FT+ offers unique simulated-live funded trading programs that allow traders to access up to $2,500,000 in trading account balances with the possibility of keeping up to 100% of the profit.
- The programs include an instant funding option, as well as one-step and two-step challenge programs.
Trading Instruments:
- Traders can engage with a wide range of instruments including Forex, Indices, Metals, Commodities, and Cryptocurrencies.
Platforms:
- The firm supports various trading platforms such as MT4, MT5, cTrader, TradingView, MatchTrader, and DXtrade.
Funding Programs:
- FT+ offers three distinct funding programs: Experienced Trader, Advanced Trader, and Master Trader. Each program has its own set of rules and profit targets.
Support and Automation:
- The company uses AI chatbots to handle customer support, which has significantly improved their customer service efficiency. The chatbot handles about 125,000 chats per year and reduces the workload of the support team by 18%.
Payment Methods:
- FT+ accepts various payment methods including Visa, Bank Transfer, Bitcoin, Ethereum, Tether (USDT), and USD Coin (USDC).
Withdrawal and Payouts:
- Traders can withdraw their profits immediately on the instant funding program and receive payouts weekly.

Key Features

No Time Limit: Traders have no time limit to pass the challenges, allowing them to trade at their own pace.
Profit Split: Up to 100% profit split is possible, which is rare in the industry.
24/7 Support: The firm offers 24/7 support to ensure that traders have continuous assistance.

Partnerships

FT+ has partnered with Eightcap, an ASIC-regulated broker based in Melbourne, Australia, to provide a secure and reliable trading environment.

Reputation

The company maintains a strong reputation in the industry, with a 93% satisfaction rate in chats automated with their chatbot.
They have received positive reviews from traders, highlighting their excellent support and straightforward trading rules.

Overall, Funded Trading Plus aims to provide a comprehensive and supportive environment for traders to prove their skills and generate significant returns.

Funded Trading Plus Pros & Cons

Pros of Funded Trading Plus:

Wide Choice of Programs: Offers four unique funding programs, including one-step, two-step evaluations, and instant funding.
Flexible Trading Conditions: No minimum trading day requirements, unlimited trading period, and no evaluation phases for the Master Trader Program.
Profit Split: Up to 100% profit split, with 80% to 100% profit sharing depending on the program.
No Time Limits: No time limits to pass challenges, allowing traders to trade at their own pace.
Competitive Fees: One-time initial fees starting from $119, with refundable fees for programs with challenges.
24/7 Support: Multilingual live chat, email, phone, and ticket system support available 24/7.
Variety of Instruments: Access to over 70 Forex pairs, 16 indices, 8 spot commodities, and more than 200 cryptocurrencies.
Fast Account Opening: Fast and digital account opening and verification process.

Cons of Funded Trading Plus:

High Initial Fees: High and non-refundable initial fees for the Master account, which may not be suitable for novice traders.
Limited Educational Resources: Offers little to no educational resources, which may be a drawback for new traders.
No Stock Trading: Does not offer stock trading, which might limit some traders' options.
Weekend Trading Restrictions: Trades cannot be held over the weekend on the instant funding account.
Limited Leverage: Leverage is limited to 1:30, which might be restrictive for some trading strategies.

Additional Notes:

Funded Trading Plus has a solid reputation with excellent Trustpilot ratings and is partnered with regulated brokers like EightCap.
The firm lacks reviews on the Forex Peace Army (FPA) platform, which is a notable red flag.

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Funded Trading Plus Customer Reviews (2)

0/5

Marko Foerster

Verified Buyer

May 1, 2024

Peter Jacobs

Verified Buyer

Apr 30, 2024

Funded Trading Plus Customer’s Q&A

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Funded Trading Plus Features and Benefits

Key Features and Benefits of Funded Trading Plus:

Capital Provision:
- Capital Allocation: Funded Trading Plus provides traders with substantial capital to trade in various financial markets, including Forex, Indices, Metals, Commodities, and Cryptocurrencies.
Profit Sharing:
- Profit Split: Traders can earn up to 100% of their profits, with the profit split starting at 80% and increasing to 90% and 100% based on performance.
Support and Education:
- Mentorship and Guidance: Comprehensive support includes mentorship, risk management guidance, and access to advanced trading tools.
- Educational Resources: Traders receive valuable educational resources to enhance their trading skills.
Program Structure:
- Challenge Programs: Traders must pass one or two-phase challenge programs to access funded accounts. There is also an instant funding program available.
- Scaling Plan: The Premium Trader Scaling Plan allows traders to scale up their accounts without time restrictions, using simulated profits to fund the next level.
Platforms and Tools:
- Trading Platforms: Available on MT4, MT5, cTrader, TradingView, MatchTrader, and DXtrade.
- Simulated Trading Environment: Traders engage in simulated-live conditions with a fully regulated broker, Eightcap, ensuring a safe and controlled environment.
Customer Support:
- 24/7 Support: Funded Trading Plus offers always-available support to ensure a seamless user journey.
- Refund Policy: Fees are refundable on certain programs once traders reach 10% simulated profit.
Market Access:
- Available Markets: A comprehensive range of Forex, Index markets, commodities, and numerous cryptocurrencies are available for trading.
Regulatory Compliance:
- KYC Checks: Know Your Customer (KYC) identity checks are required for compliance with anti-money laundering (AML) and anti-fraud regulations.
Transparency and Trust:
- 5 Star Promise: Funded Trading Plus promises competitive program pricing, trusted payout assurance, fair and transparent rules, and swift and seamless user journeys.

Funded Trading Plus Pricing

Funded Trading Plus Pricing:

Program Fees:
- The Master Trader Program costs $1,125.
- Other programs, such as the Experienced Trader, Advanced Trader, and Premium Trader Programs, have fees starting at $225 and reaching up to $4,500 for the largest accounts.
Refund Policy:
- Fees are refundable on the Experienced Trader, Advanced Trader, and Premium Trader Programs once traders reach 10% simulated profit.
- Fees are not refundable on the Master Trader Program.
Withdrawal Fees:
- There are no additional fees for withdrawals, except for personal bank fees and any transfer fees associated with currency conversions.
Free Funded Trading Account:
- Funded Trading Plus offers a free funded trading account for traders who agree to promote the program on social media platforms. The free account has a balance of $12,500 and follows the same trading rules as the Experienced Trader Program. If the trader meets the profit target, they can scale up to a real funded trading account or a maximum $1 million account.

Funded Trading Plus FAQs

Funded Trading Plus Alternatives

Based on the provided sources, here are the top 10 alternatives to fundedtradingplus.com:

FundedNext - Known for its generous capital allowance of up to $4 million and a profit-sharing model that can reach up to 95%.
FTMO - Offers a comprehensive solution for traders, including expert guidance and lucrative opportunities, with a high similarity score of 96%.
FunderPro - Provides an opportunity for traders to be judged on their merit without unnecessary rules, offering flexible trading conditions and no deadlines.
The5ers - A prop trading firm founded by experienced forex day traders, offering significant capital to worthy traders with a win-win profit-sharing model.
TopStepTrader - A reputable proprietary trading firm that has funded over 1,000 traders, offering various funded accounts with profit-sharing opportunities.
Funding Pips - Known for its flexible trading conditions and multiple funding programs, although it has some restrictions on leverage and drawdown policies.
E8 Markets - Offers a variety of trading options and flexible leverage, although specific details about its funded trading programs are not extensively documented.
FXIFY - Provides a range of trading options and competitive pricing, but detailed information about its funded trading programs is limited.
Alpha Capital Group - Offers a 15% discount and has a strong reputation in the prop trading industry, though specific details about its funded trading programs are not provided.
Blue Guardian - Mentioned as an alternative to Funded Trading Plus, though specific details about its services are not extensively documented.

These alternatives offer varying levels of flexibility, profit-sharing models, and trading conditions, making them suitable for different trading styles and preferences.