Funded Trading Plus Review 2024

Good program for testing FTP trader skills (FundedTradingPlus)

No

Here’s my experience with FTP (FundedTradingPlus). So, I recently completed their Advanced Trader Program, and I gotta say, it was quite the journey. The program is designed to test your trading skills and see if you're ready to trade with real money. Now, it wasn't easy, let me tell you that. I had to stick to my trading plan like glue and stay disciplined even when things got tough. But hey, perseverance pays off, right? My strategy mainly involved focusing on major currency pairs and sticking to short-term trades. I also made sure to manage my risk carefully and not get too greedy. And you know what? It worked out in the end. I passed the program and now I'm ready to take on the markets with real money. Overall, FTP's Advanced Trader Program is a solid way to test your skills and see if you're cut out for trading

Very good

No weaknesses

Been considering trying out a prop firm like FTP for a while now. The idea of having a bigger account to trade with is appealing, especially since they allow using Expert Advisors (EAs). Letting EAs automate your trades can be a big time saver, especially for someone with a busy schedule.
FTP seems to have a few different account sizes you can choose from, which is nice. You can start small and work your way up to a larger account if you're successful. However, the profit targets seem a bit on the high side. Making 80% or even 100% profit on a simulated account can be tough, especially if you're starting out. Maybe they could offer some alternative criteria for reaching the next level, like a combination of profitability and drawdown.
Overall, FTP seems like an interesting option for experienced traders who are comfortable with EAs. However, the profit targets for evaluation could be a bit more flexible for beginners.

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I was attracted by Funded Trading Plus’ transparency. It doesn't hide brokers it works with, describes in detail all challenge requirements, explains how to scale up, etc. The ratio of the initial fee to available capital is quite good. I chose the account type with a two-phase challenge and $100,000 on the balance. I paid $547 for this program, which is almost twice as cheap as the firm’s competitors. Moreover, the fee is refundable. I completed the challenge in 19 days. I could do it faster, but there was no reason to rush. Now I have scaled by 20% and everything is going just as I planned. I wish there was the NinjaTrader platform, which is designed for CFD trading. However, MT5 is a worthy option. Also, it lacks stocks which are my priority along with currency pairs. Otherwise, the prop firm suits me and I will stay with it.

I’ve been working with Funded Trading Plus for five months. Initially, I was happy with the possibility of depositing cryptocurrencies, which is very convenient. The availability of a demo account is also an advantage since I was able to check how feasible the challenge conditions are. As a result, I decided to take a risk and I chose a one-phase challenge program with $200,000 on the balance. The challenge was smooth, though I made a serious mistake once and had to pay for a reset. By the way, the reset fee is rather high, so I recommend you work very carefully. Once I started real trading, the main fee of $949 was immediately refunded. Now I’m trading with a plus and have already withdrawn my profits to a crypto wallet twice. I also want to distinguish technical support. Its managers are friendly and competent. I contacted them on a weekend and they responded quickly and professionally.

I opened the account without evaluation with the balance of $50,000. Its conditions suit me completely. You have to try hard to lose 6% of the amount per day. I trade carefully with great risk diversification, so my losses, if any, are minor. And my profits are stable. Now I have $58,000 on the balance, though I have withdrawn funds several times. The profit split is 80%/20%. I use MetaTrader 4 since I like it more than MetaTrader 5. Leverage is 1:5, which proves my cautiousness. The partnership program brings me additional income, though it is not big. I recommend this prop firm to those traders who are tired of working with little amounts and strive to break the financial world. The maximum financing after scaling is $2,500,000, which is a significant amount.