Funded Trading Plus is a forex prop firm available to traders worldwide. For about 12 years, the company’s focus was live trading education for retail traders, before the prop firm’s focus led to a rebranding from Trade Room Plus to Funded Trading Plus in 2021. In this review, you’ll learn more about the available accounts, platforms, and costs.
Important: Different from other forex prop firms, Funded Trading Plus is also available to traders in the United States.
Funded Trader Programs
Funded Trading Plus offers 5 accounts and 3 evaluation types. You can freely choose between instant funding, 1-phase challenges, and 2-phase challenges.
Master
The Master program is the instant funding offer, with a payout split of up to 100%, with a daily and max drawdown of 6%, a max leverage of up to 30:1, and the allowance to trade on news events and with expert advisors.
While the upfront costs are a bit higher, the trader earns right from the beginning due to the instant funding evaluation type.
Experienced
The Experienced program is the only 1-phase program Funded Trading Plus offers. It has a 10% profit target, a 4% daily drawdown, and 6% max drawdown. It also has a payout split of up to 100% with a max leverage of 30:1. Besides trading during news events and using expert advisors, you are also allowed to hold positions over the weekend.
Advanced
The Advanced program is one of three 2-phase programs at Funded Trading Plus. It has an ambitious profit target of 10% in phase 1, 5% in phase 2, and comes with a 5% daily drawdown and 10% max drawdown.
The profit split is up to 100% with a max leverage of 30:1. You can trade with an expert advisor or during news events, but weekend holdings are not allowed.
Premium
The Premium program is the second 2-phase program, with an 8% profit target in phase 1, then 5% profit target in phase 2, while having an 8% max drawdown and 4% daily drawdown. The payout split is also up to 100%, and the max leverage is 30:1. Here, you can also hold the positions over the weekend, while also trading during news events and with EAs.
Prestige Lite
The Prestige Lite is the third 2-phase program at FT+ and comes with a 6% profit target in phase 1 and phase 2. Your daily drawdown is 3%, while the max drawdown is set to 6%. The profit split in this program is always 80% and the program drawdown type is static (all other programs have the program drawdown type Relative). While you can also trade with a leverage of up to 30:1, and during weekends, news events, and with EAs, you have to have a minimum of 3 profitable days to trade in each phase to get funded.
Trading Platforms
You can use four platforms when trading with Funded Trading Plus. MetaTrader 5 is the most common platform among forex traders, and you can use it at FT+. In addition, you can use Match Trader, DX Trade, and cTrader.
Costs
For each program, you can choose between different account sizes, trading platforms, profit share values, withdrawal settings, and scaling boost options.
The price depends on the exact choice. For comparison purposes, I’ll use the pricing without the account size boost, keep an 80% profit share, 7 7-day withdrawal window, and use the regular scaling boost and the MetaTrader 5 platform.
- Master (instant funding): $5,000, $10,000, $25,000, $50,000, and $100,000 accounts ranging from $225 – $4,500.
- Experienced (1-step): $12,500, $25,000, $50,000, $100,000 and $200,000 accounts ranging from $119 – $949.
- Advanced (2-step): $25,000, $50,000, $100,000 and $200,000 accounts, ranging from $249 – $1,099.
- Premium (2-step): $25,000, $50,000, $100,000 and $200,000 accounts, ranging from $247 – $1,097.
- Prestige Lite (2-step):: $25,000, $50,000 and $100,000 accounts, ranging from $129 – $389