Funded Trading Plus Full Review – My Experience, Pros and Cons


Funded Trading Plus

6.8

FUNDING

8.0/10

PLATFORM CHOICES

6.0/10

EDUCATION OFFERED

9.0/10

STRICT RULES

7.0/10

REPUTATION

4.0/10

Pros

  • STRAIGHT FORWARD RULES
  • FUNDING UP TO $500,000
  • 80% PROFIT SHARE
  • NO MAXIMUM DRAWDOWN
  • RISK MANAGEMENT MANDATORY

Cons

  • BRAND NEW COMPANY
  • NO REVIEWS TO LOOK AT
  • FIXED RISK:REWARD WILL BE HARD FOR TRADERS

Forex brokers are offering a huge amount of leverage to traders, making this industry a very appealing choice for those investors with less capital. When traders are looking to get to the next level, having a lack of funding or capital can really hold them back from being able to trade full time. This is where Funded Trading Plus comes in…

In this article we are going to be reviewing Funded Trading Plus, a prop firm offering forex traders capital of up to $500,000, cash bonuses and a generous profit split. Is this the prop firm for you? Let’s find out more…

Who Are Funded Trading Plus?

Funded Trading PlusOpens in a new tab.

Funded Trading Plus is the funding arm of Trade Room PlusOpens in a new tab.

With a quick look on Dun & BradstreetOpens in a new tab.

The company seems established and seems to offer a great funding option for traders, so let’s find out more…

Getting Funding From Funded Trading Plus?

Funded Trading PlusOpens in a new tab.

$60,000 Account

With the $60,000 funding option, you’re going to be paying $600 as a one off fee to take the challenge. The company only focuses on win rate and risk to reward, rather than drawdown, so the levels of funding you receive will depend on your win rate. With a 40% win rate over 125 trades, you will get your initial fee back and a free reset to take the challenge again. With a 45% win rate, you’ll get $800 cash bonus and a free reset. With a 50% win rate, you’ll get a $30,000 funded account and $2500 bonus, by just winning half of your trades! Then with a 55% win rate you’ll get a $5000 bonus, along with your $60,000 of funding.

$100,000 Account

$100,000 of funding is going to set you back $800 and works exactly the same as the other accounts. The only noticeable changes are the fact that your bonuses are doubled and your funding capital is pretty much doubled as well. This is all for only $200 more than the $60,000 challenge, so I would recommend at least taking on this amount of capital.

$500,000 Account

$500,000 of funding works exactly the same as the other account choices, but it’ll set you back a total of $1200 for the account.

It seems relatively straight forward to get capital from this company but the rules are very much different to how most standard prop firms on our Top Firms listOpens in a new tab.

What Makes Funded Trading Plus Different From Other Prop Firms?

There are a few aspects to this company that make it a very different funding model to a lot of the industry leaders currently like 5%ersOpens in a new tab.

  1. Firstly, there is no drawdown limit on your challenge account. Drawdown isn’t a metric that is considered, either daily or total – so you don’t need to worry about breaching a 10% limit.
  2. Once funded, your maximum monthly drawdown is 20%, with a total maximum drawdown of 50%.
  3. Success is determined by win rate. During the challenge you take 125 trades and need a 50%+ win rate to be funded.
  4. Bonuses of up to $20,000 are given traders during qualification, which can be paid out in cash.
  5. There is no profit target or minimum trading days required.

The business model and challenge model is very different to anything I have ever seen before. You are needing to take 125 trades, all with a fixed RR of 1:2, and achieve a win rate of 50%+ in order to get funded. This is going to be tricky for traders that typically have a higher RR but lower win rate, which is how I personally like to trade the markets. However, for day traders and intra day traders, a 1:2 risk reward is usually very achievable.

The benefit of having this fixed RR in place, is that you have to practice good risk management. By utilising good risk management, it’s clear to Funded Trading that you’re a consistently profitable, stable trader – something that it needed for them to trust you with their capital.

Is Getting Funded Trading Plus Funding Realistic?

Getting funding from Funded Trading Plus is actually very realistic due to the approach they take to doing the profit test. If you’ve worked with other prop firms like FTMOOpens in a new tab.

Instead of having complicated rules to abide by, all you need to do is…

Even profitable traders will fail other challenges due to having to worry about daily and maximum drawdowns. This challenge doesn’t look at drawdown at all, only your win rate over 125 trades. Having a 1:2 RR isn’t always easy in trades, so that is the only aspect that may catch traders out.

In my experience, the challenge offered by Funded Trading Plus is much easier to pass than that of other prop firms, making it a very realistic goal. If you still aren’t sure about managing to pass the challenge, there are other companies offering instant funding like DT4X TraderOpens in a new tab.

What Are Traders Saying About Funded Trading Plus?

One of the best ways to see how legitimate a company actually is, is to look at the reviews from other traders all around the world before getting involved. The more data we have, the better our decisions can be – the same as in trading!

I have been digging around and I can’t actually find any reviews of Funded Trading Plus on TrustpilotOpens in a new tab.

I then decided to have a look at the reviews of the educational side, as they offer daily mentoring, a monthly subscription and a signal service as well. Sadly, beyond a few reviews on unreliable websites and a few ‘testimonials’ on their website, I also couldn’t find any good feedback here.

The prop firm started in 2021 so I can understand why there may be very few reviews coming through, but it’s still something to be concerned about. In my opinion, the best thing to do in this situation is to sit on the sidelines and use a company with many more reviews like FTMOOpens in a new tab.

Summary – Is Funded Trading Plus Legit?

In conclusion, Funded Trading Plus is a legitimate registered company, based out of the U.K, offering capital and education to forex traders around the world. With capital up to $500,000 and a very unique challenge model, this new idea could be a great way for day traders and intraday forex traders to become funded and get a 80% profit share for their efforts.

The only red flag is the lack of reviews that the prop firm currently has. We typically give the best reviews of companies to those prop firms that have huge amounts of positive reviews, like FTMOOpens in a new tab.

I am personally sitting on the sidelines on this firm until they have been around for a few months longer, then I am going to take the challenge. If you have any experience with Funded Trading Plus, please do let me know in the comments down below! In the meantime, I’d recommend checking out our Best Prop Firms ListOpens in a new tab.

Kyle Townsend

I've been trading forex full-time since 2016. Over the last few years I have tried and tested all of the most popular forex brokers after being scammed by an unregulated broker back in 2017. I post my reviews to help others stay away from potentially high risk brokers!

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