Funded Trading Plus
PROP FIRM OVERVIEW:
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Key Highlights:
- "No Time Limits" on All Challenges for Stress-Free Trading
- Industry-Leading Payouts On-Demand
- Extremely Simple and Clear Trading Rules
- Challenge Duration: No Time Limit
pros summary:
Rapid Scaling with a 10% Profit Target
Freedom to Use Expert Advisors (EAs)
Complete Absence of Consistency Rules
Cons summary:
Strict "No Copy Trading" Policy
Relatively Lower Profit Split on Some Programs
Maximum of Two Funded Accounts Per User
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Firm Rules:
Key FT+ Rules Designed for Trader Freedom (FT+ review)
This Funded Trading Plus review details their rules, which are structured to provide significant flexibility and a path to funded trader freedom.
No Profit Consistency Rule
A major advantage of all Funded Trading Plus programs is the complete absence of a profit consistency rule. This allows traders to focus on their strategy without worrying about their best day's profit, offering a less restrictive trading experience.
Multiple Account Policy
Traders can hold a maximum of two funded accounts at any one time. However, to prevent risk manipulation, the following rules apply:
- You cannot trade the same instrument simultaneously on multiple accounts.
- Holding opposing positions (hedging) across different accounts is considered a violation and will result in account closure.
Policy on EAs and Copy Trading
- Expert Advisors (EAs): EAs are permitted across all programs, but they are exclusively compatible with the cTrader platform.
- Copy Trading: For Funded Trading Plus Accounts, copy trading between any accounts is strictly prohibited. Any action that results in identical trades on the same market at the same time is a violation.
Minimum Trading Days
Most Funded Trading Plus programs have no minimum trading day requirement, offering a faster path to funding. The only exception is the Prestige Lite (Static) program, which requires at least 3 profitable trading days (with a minimum of 0.5% profit each).
Account Management Rules
- Inactivity: An account will expire if there is no trading activity for 30 consecutive days.
- Hard Breach (Prestige Lite): The Prestige Lite program has a specific hard breach rule where you cannot incur more than a 2% equity loss on any single instrument in a single day.
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"For a quick comparison of these regulations with other firms, please see our main prop firm rules summary page."
Withdrawal Policy:
Payout and Scaling Rules by Account Type
Funded Trading Plus offers different payout schedules and scaling conditions for each of its programs. A $50 minimum payout applies to all accounts.
1-Step (Experienced)
- Payout Frequency: Your first payout is available on-demand, with subsequent payouts available every 7 days (weekly).
- Scaling Condition: You are eligible to scale up your account after achieving a 10% profit target on your funded account.
2-Step (Prestige Lite)
- Payout Frequency: Payouts are available on a weekly basis.
- Scaling Condition: You can scale up your account after achieving a 20% profit target.
2-Step (Premium)
- Payout Frequency: Payouts can be requested on a weekly basis.
- Scaling Condition: This plan requires a 10% profit target to be eligible for scaling.
2-Step (Advanced)
- Payout Frequency: The first payout is on-demand, followed by a weekly payout schedule.
- Scaling Condition: You must achieve a 20% profit target to scale up your account.
Instant (Master)
- Payout Frequency: Features an initial on-demand payout, with all subsequent payouts available weekly.
- Scaling Condition: You are eligible to scale your account after reaching a 10% profit target.
Consistency Rules :
n/a