Two-Phase Premium

The Two-Phase Premium challenge involves two phases to qualify for a proprietary trading funded account. Investors can choose accounts denominated in dollars, with four different account sizes available. The maximum total funds available is $200,000.

Phase one requires an 8% profit with, daily drawdown up to 4%, overall drawdown up to 8%. There are also no limits regarding the maximum number of trading days and no minimum trading days.

Phase two involves a 5% profit with similar drawdown conditions. The funded account phase has no specific profit targets, daily drawdown up to 4%, overall drawdown up to 8%, and no minimum trading days.

Funded Trading Plus refunds at 10% simulated profit, with the first withdrawal possible after 0 days. Subsequent withdrawals can be made every week, and the profit split is 80/20 but with the scaling plan, it can increase to 100/0%.

Two-Phase Advanced

The Two-Phase Advanced challenge involves two phases to qualify for a proprietary trading funded account. Investors can choose accounts denominated in dollars, with four different account sizes available. The maximum total funds available is $200,000.

Phase one requires an 10% profit with, daily drawdown up to 5%, overall drawdown up to 10%. There are also no limits regarding the maximum number of trading days and no minimum trading days.

Phase two involves a 5% profit with similar drawdown conditions. The funded account phase has no specific profit targets, daily drawdown up to 5%, overall drawdown up to 10%, and no minimum trading days.

Funded Trading Plus refunds at 10% simulated profit, with the first withdrawal possible after 0 days. Subsequent withdrawals can be made every week, and the profit split is 80/20 but with the scaling plan, it can increase to 100/0%.

One-Phase Experienced

The One-Phase Advanced challenge involves one to qualify for a proprietary trading funded account. Investors can choose accounts denominated in dollars, with five different account sizes available. The maximum total funds available is $200,000.

Phase one requires an 10% profit with, daily drawdown up to 4%, overall drawdown up to 6%. There are also no limits regarding the maximum number of trading days and no minimum trading days.

Funded Trading Plus refunds at 10% simulated profit, with the first withdrawal possible after 0 days. Subsequent withdrawals can be made every week, and the profit split is 80/20 but with the scaling plan, it can increase to 100/0%.

Master Trader Program

Investors can choose accounts denominated in dollars, with five different account sizes available. The maximum total funds available is $100,000.

Funded Trading Plus doesn’t refund fees. The first withdrawal can be made after the first trade, and subsequent withdrawals can be made every week at the FT+ Trader stage. Minimum withdrawal is 50$. The Profit Split is 80/20, meaning the investor receives 80% of the profit generated.

80% of your simulated profit made during the FT+ Trader phase can be withdrawn by you upon request. This withdrawal process is user-friendly and streamlined, as the amount eligible for withdrawal is automatically calculated at the time you initiate a payout request.

Moreover, the FT+ Trader program offers progressive incentives for successful trading. When you, as an FT+ Trader, achieve a milestone of 10% simulated profit (Experienced Trader Program, Master Trader Program and Premium Trader Program) or 20% simulated profit (Advanced Trader Program) in your simulated-live account, an opportunity arises for you to enhance your profit-sharing ratio. At this juncture, you can submit a request to modify the split of simulated profits to a more favorable ratio of 90/10. This adjusted ratio means that a larger portion of the profits – 90% – will be attributed to your account.

The incentives do not end there. As you continue to excel in your trading strategies and reach a higher benchmark of 30% simulated profit, the program offers an even more advantageous profit split. You are then eligible to request a transition to a 100/0 profit split. This exceptional split arrangement entitles you to the entirety of the simulated profits – a full 100%, reflecting the program’s commitment to rewarding skillful trading and strategic acumen.

This tiered profit split structure is designed not only to reward your trading successes but also to motivate continuous improvement and engagement with the trading platform. It’s a system that acknowledges and incentivizes your growth and proficiency as a trader within the simulated environment.

Advanced Trader Program

In this example, assuming customers do not withdraw, a customer with a simulated balance of $120,000 can ask to scale to $200,000. The customer would have the same amount of simulated profit on the new account balance of $220,000. ($20,000 in this example). The new static maximum simulated loss limit has been changed from $100,000 to $200,000.

In this example, customers now need to make an additional $20,000 of simulated profit to be able to scale on the simulated $200,000 level to scale to the next simulated level of $400,000. The customer would be free to withdraw simulated profit as suits their circumstances and trading risk profile.

Example of Scaling Plan

Experienced Trader Program, Premium Trader Program and Master Trader Program

In this example, assuming traders do not withdraw, a trader with a simulated balance of $110,000 can ask to scale to $200,000. The trader would have the same amount of simulated profit on the new simulated account balance of $210,000. ($10,000 in this example). The new static maximum simulated loss limit has been changed from $100,000 to $200,000.

In this example, traders need now to make an additional $10,000 of simulated profit to be able to scale on the $200,000 level to scale to the next level of $400,000. The trader would be free to withdraw simulated profit as suits their circumstances and trading risk profile.

Example of Scaling Plan

Comparison of Direct Challenge Costs

We compare the direct costs of participating in the challenge offered by Funded Trading Plus – Two-Phase Advanced with the average market costs. This analysis enables understanding of how Funded Trading Plus fares against its competitors in terms of pricing. The costs for the challenge at Funded Trading Plus for the Two-Phase Advanced Challenge are below the market average.

*The price includes a discount available on the website.

Comparison of Costs Relative to Drawdown

It is important to note that the size of drawdown has a significant impact on what we actually receive for the money spent. The Evaluation Challenge has a drawdown at the level of 10%. Therefore, we additionally compare how much drawdown we receive in relation to the dollar spent.

Evaluation of the Cost-Effectiveness of the Funded Trading Plus Account Challenge

Based on the above data, as well as algorithms we have developed, we assess the cost-effectiveness of purchasing the Funded Trading Plus Account Challenge as very good compared to the market average. The expenditure efficiency in the context of drawdown indicates a better cost-effectiveness than the market average.

Forex

Commodities

Indices

Cryptocurrencies

The Funding Trading Plus website stands out for its exceptional UX design, offering clear, accessible information, a streamlined registration process, and robust technological and trading infrastructure. It effectively guides users through understanding the company’s services, registering an account, and purchasing a trading challenge. The user-friendly design and consistent branding significantly enhance the user experience. Moreover, the site’s intuitive layout and informative content structure contribute to an effortless navigation experience. 

Server Provider

The Funded Trading Plus uses Gooeytrade and Intertrader as its brokers.

Gooeytrade

Gooeytrade is a tech provider and acts as the bridge between the broker and prop firms. They are experts in managing and administering various trading platforms.

Currently Gooeytrade have integrated with platforms using the ThinkMarkets pricing feeds, this means that traders will have a similar platform experience as if they were trading on a ThinkMarkets account. In terms of spreads, commissions and pricing, the experience is the same as ThinkMarkets.

It’s important to note that whilst trade.gooeytrade.com is branded as Gooeytrade, it is actually DXtrade under the hood. Gooeytrade has few reviews on Trustpilot, and their average rating is only 2.6.

Intertrader

Deposits

For the Funded Trading Plus Challenge, you can pay via debit/credit card or cryptocurrencies. Funded Trading Plus accepts MasterCard, Visa, and cryptocurrencies like:

Withdrawals

Funded Trading Plus provides customer support through email and live chat. Below is a list of available channels:

• Physical Office Address – United Kingdom, 7 Bell Yard, London, WC2A 2JR.
• Email ID – support@fundedtradingplus.com
• Live Chat –  Directly available from the site.

Funded Trading Plus Support Timings – Livechat does work 24/7 but for accounts team they work from 9am to 6pm GMT, Monday to Friday and some limited time on weekend/holidays.

Email Support

Funded Trading Plus actively maintains a social media presence on platforms such as X, Instagram and Facebook, as well as on TikTok, Discord and Youtube.

X – On page X, you can find giveaways, news, as well as recommendations for trading on financial markets. The activity is quite high. The frequency of tweets is over 100 per month.

Instagram – The information here is very similar to that on X. There are promotions, as well as news, giveaways, and trading recommendations. The frequency of publications is around 25 posts per month.

Facebook  – The same information as on Instagram is published on Facebook. The frequency of publications is 20-30 per month.

TikTok – On the TikTok platform, you can see short videos with trading recommendations, as well as excerpts from podcasts and interviews with traders about their problems and advantages in trading. The frequency of publications is about 10 per month.

Discord  – The Discord channel is very rich with various useful information. For example, there is a chat for promotions, and you will never miss when a company offers discounts on its products. There is also a general chat and a trading chat, where traders share their views on the market and post their trading ideas. There’s a chat for trader payouts from this company. Memes are also shared to lighten up the routine of trading.

YouTube – The company’s team conducts interviews and podcasts with traders from various countries and publishes them on the YouTube platform. There are also educational videos about the products that this company offers. The frequency of publication is not high, 1-2 videos per month.

Engagement rate in social media:

Evaluations of the Funded Trading Plus platform:

With an overall rating of 4.8 out of 5, Funded Trading Plus demonstrates a predominantly positive reception among its user base, reflecting well on various aspects of its operations, including customer support. This high rating suggests that the positive experiences significantly outweigh the negative ones for the majority of users. However, it is important to consider this in the context of the detailed aspects of customer support:

Positive Contributions to High Rating:

Drawdown Calculator

The Drawdown Calculator allows for the calculation of the daily drawdown for each of the accounts offered by Funded Trading Plus. By specifying the type of challenge and information about the account’s balance and equity, the calculator computes the daily drawdown.

Online Platform Test

Here, you can check spreads, execution speed and lot size. This is a $100,000 1:30 leverage account on the same server as their programs. Drawdown is removed so that this demonstration account is not breached. You can pull up the account and take trades.

To check lot size calculations:

$200,000 multiply by 2
$50,000 divide by 2
$25,000 divide by 4
$12,500 divide by 8

Funded Trading Plus does not directly offer individual demonstration accounts to practice trades on.