Pass forex account review for customers năm 2024

In this article, you’ll get a review of this prop firm, including analysis and instructions to get funded with an account from Funded Trading Plus.

Here’s what you’re going to learn:

What Is Funded Trading Plus?

Funded Trading Plus is a prop firm located in London, UK. It was founded in 2021.

What Can You Trade With Funded Trading Plus?

Funded Trading Plus is a prop firm that funds traders to trade Forex and other CFDs trading assets.

Here’s a list of all of the instruments:

• Forex: Major and minor currency pairs
• Indices: All the majors, including Dax, Dow, Nasdaq, and SP500
• Commodities: Oil
• Metals: Gold and Silver
• Cryptocurrencies

What Are The Funded Trading Plus Account Sizes?

Funded Trading Plus funds traders with account balances that go from $5,000 up to $200,000. These accounts can be scaled up to $2,500,000 as you keep having good results trading.

To get access to a funded account you need to choose between a 1-phase or 2-phase evaluation process. There’s also an instant funding program if you are interested.

The prices of the products are different according to the account size that you are applying to. The prices of the smaller funded account start at $119 and go up to $4500 for the bigger account.

What Is The Funded Trading Plus Leverage?

The leverage provided by the prop firm depends on the symbol that you are trading. Here’s the list of leverage by symbol:

• Forex: 1:30
• Indices: 1:20
• Commodities: 1:30
• Metals: 1:30
• Crypto: 1:2

How Much Is The Funded Trading Plus Payout?

The profit split is 70% for the instant funding accounts and 80% for the other accounts. If you continue to trade with consistency, the profit split can be increased up to 90%.

Funded Trading Plus Reviews

According to Trustpilot, Funded Trading Plus is classified as excellent. It’s scoring an amazing 4.9/5.0 after 1,455 reviews from users.

The Experienced Trader Program

To pass the evaluation and get funded with a live account you need to pass one single phase. In this phase, you must achieve a minimum profit without exceeding a maximum daily drawdown and maximum drawdown.

Here are all the details:

• Minimum days to trade: No minimum.
• Challenge duration: No maximum, you can trade as long as you need.
• Maximum relative drawdown: 6%
• Maximum daily drawdown: 3%
• Profit target: 10%

The Advanced Trader Program

This program has 2 phases to pass before you’re awarded a funded account. Here you also have to achieve a minimum profit without exceeding the daily and overall drawdowns.

Here are all the details:

Phase 1

• Minimum days to trade: No minimum.
• Challenge duration: No maximum, you can trade as long as you need.
• Maximum relative drawdown: 10%
• Maximum daily drawdown: 5%
• Profit target: 10%

Phase 2

• Minimum days to trade: No minimum.
• Challenge duration: No maximum, you can trade as long as you need.
• Maximum relative drawdown: 10%
• Maximum daily drawdown: 5%
• Profit target: 5%

The Master Trader Program

This program is the one that gives you access to instant funding. You just need to keep your account above a maximum drawdown to keep it.

Here are all the details:

• Minimum days to trade: No minimum.
• Challenge duration: No maximum, you can trade as long as you need.
• Maximum relative drawdown: 5%
• Profit target: 5% (to remove the trailing aspect of the drawdown)

Funded Trading Plus EAs (Expert Advisors)

If you like to use EAs to trade, Funded Trading Plus is a great prop firm for you. They allow EAs although some strategies that they consider abusive are forbidden, like arbitrage or grid trading.

Funded Trading Plus Free Trial

Unfortunately, Funded Trading Plus doesn’t offer a free trial.

Funded Trading Plus Free Repeat

Funded Trading Plus doesn’t provides free repeats, but does offer a reset at a discounted price if you eventually fail to pass a challenge.

Funded Trading Plus Platforms

Funded Trading Plus gives you access to the most popular trading platforms used by Forex brokers.

You can use:

• MetaTrader 4
• MetaTrader 5

Funded Trading Plus Trading Hours

Holding trades overnight is allowed on all programs. You can have your positions open for as long as you want according to your own trading style.

When it comes to holding trades over the weekend there’s a requirement to close Friday, by the end of the day.

Funded Trading Plus News Trading

I didn’t find any reference against news trading. You just need to be careful with the volatility, but if you’re like me, those are the best times of the day to trade. Just don’t exceed your maximum safe lot size and manage your trades properly.

Is the funded trader real or fake?

The Funded Trader challenge and funded accounts are not live trading accounts, they are fully simulated accounts utilizing real market quotes from liquidity providers. Therefore no real money is ever traded as no orders are ever executed in live markets, they are simulated orders in a simulated environment.

How do I pass a forex funded account?

Staying focused and disciplined is essential when taking the Funded Account Challenge. Avoid distractions and stay focused on your trading strategies. Don't be afraid to take a break if you need it, but always come back with a clear head and renewed energy.

How many people fail the FTMO challenge?

The FTMO challenge has a reputation for being extremely difficult to pass. Across FTMO's various account levels, it is estimated that only around 10% of traders are able to successfully complete the evaluation and become a funded trader. This means approximately 90% of those who attempt the challenge end up failing.

Are funded forex accounts worth it?

Profit Sharing The amount varies with each prop firm. It's usually a 70/30 or 80/20 split, with the higher amount going to the traders. However, The Funded Trader's split is up to 90/10—you get to keep 90% of the profit. The profit-sharing model is a significant incentive because the arrangement benefits both parties.