FTUK Review 2024
Disclosure
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.In a Nutshell: FTUK is revolutionizing the trading space with a unique, accessible opportunity for aspiring traders around the globe. Pioneered in February 2021 with the belief that everyone deserves the opportunity to excel in trading, the company has ingeniously bridged the gap between ambition and achievement.
The prop firm offers a comprehensive trading evaluation program that’s perfect for newbies and experienced traders, providing an environment favorable enough to excel in the forex market.
The awesome profit split and the one-phase evaluation options made this firm stand out among day traders and swing traders. With remarkable transparency and customizable trading parameters, it’s little wonder FTUK is heralded as a game-changer in the proprietary trading universe.
Join us as we delve deeper into this comprehensive FTUK review and discover if this innovative platform matches your trading dreams.
Service Type | Fees | Promotion |
---|---|---|
Prop Trading Firm | Variable Fee | Save 5% with Coupon Code MM5 |
- One Phase Evaluation: Unlike many prop firms with multi-stage evaluation processes, FTUK offers a more straightforward, single-phase evaluation. This allows traders to progress more rapidly toward receiving funding.
- Instant Funding Program: FTUK's instant funding program provides immediate access to trading capital, eliminating the waiting period often associated with prop trading. This feature enables traders to jumpstart their trading journey and strive for profitability without delay.
- Fast Scaling Plan: The company's unique 'Augmented Growth' program allows traders to double their trading capital upon hitting specific milestones. This plan facilitates rapid growth in trading activities and potential earnings.
- One-time Subscription Fee: FTUK charges a one-time subscription fee for its evaluation program. This eliminates recurring fees and reduces the overall financial burden on traders.
- Low Stop Loss Risk Limit: While risk management is crucial in trading, the relatively low stop-loss risk limit might restrict traders from taking advantage of certain trading opportunities. This limit may deter some traders, especially those with aggressive trading strategies.
- No Hedging Allowed: Like most in the industry, the prop firm does not allow hedging, which can be a downside for traders who use this risk management strategy as part of their trading approach. Hedging can provide a safety net against market volatility, and the inability to use this strategy might be a limitation for some traders
Table of Contents
FTUK Funding Overview
Initial Capital | $14,000 – $90,000 |
Price Range | $149 – $1,200 |
Profit Split | 80% |
Daily Loss | – |
Max Drawdown | 6% |
Profit Target | 10% |
Tradable Products | Forex, Indices, Commodities, Crypto |
What is FTUK Funding?
FTUK Funding, provided by Forex Traders UK (FTUK), is a financial mechanism to assist aspiring and seasoned Forex traders. The company aims to provide traders like you the opportunity to trade with large funds risking their capital.
The primary aim of FTUK Funding is to democratize access to Forex trading by eliminating the barrier of large initial capital requirements. It is a platform that furnishes skilled traders with the funds needed to operate effectively within the market, with potential access to funds up to £1,000,000 or $5,760,000.
The employs a one-phase evaluation process in which traders are set specific targets to meet within prescribed trading parameters. Successful traders who hit these targets while adhering to the rules become eligible for funded trading capital.
What sets FTUK Funding apart is an instant funding program for traders who would prefer to refrain from undergoing the evaluation process. In this case, traders can receive shared 80% profits by meeting required targets.
The percentage profit split offered is fair and increases as you show consistent success and progress through the funding levels. Click here to Save 20% on FTUK with coupon code NEW20.
External FTUK Reviews & Ratings
Site | Rating | |
Forex Prop Reviews | 4.3 | |
Scam Advisor | 4.3 from 159 reviews | |
Trustpilot |
Firsthand User Experience with FTUK
Here are some reviews from traders who have experienced the platform firsthand:
From the moment I joined, FTUK stood out as a game-changer. Their instant funding program allowed me to trade without having to risk my own capital. This kind of backing is a game-changer for anyone looking to scale.
In summary, FTUK exceeded all my expectations. If you’re serious about succeeding in Forex trading, FTUK is the place to be. Don’t miss out on this remarkable opportunity!
Thank you, FTUK, for helping me achieve my trading goals!”
Payouts are always smooth and fast and their customer support is truly incredible.
I would like to thank the team and can recommend ftuk anyone else who’s looking for a reliable prop firm!”
How FTUK Funding Works
One of the unique aspects of FTUK is the ability to provide immediate access to live funds. Enrolling in their funding programs allows you to gain instant funding accounts and commence trading activities with the firm’s capital from day one. The onus of trading losses falls on the company, reducing the risk for traders.
No Time Restriction
The freedom of trading is another hallmark of FTUK. They impose no time limit on trading, meaning you can operate according to their convenience, even holding trades over weekends.
High Leverage
They also provide high leverage, up to 1:100, on their programs, enhancing potential returns for disciplined traders.
The company’s evaluation process is designed to boost trading skills, offering an opportunity to earn from the first day. The firm operates multiple trading accounts with varied funding amounts, offering traders an 80% profit share while absorbing any trading losses.
The company’s instant funding programs present a unique opportunity to earn immediately, ensuring reliable payouts on level 2 and above as often as the trader wishes.
Fast scaling
Fast scaling of capital is a key feature of FTUK’s offering. Upon reaching certain milestones, the amount of capital available for trading increases, facilitating faster growth. The company offers comprehensive trader support, including in-house and online coaching, to ensure every trader gets included.
Allow News Trading
The firm also allows for news trading and welcomes all profitable trading styles. They require traders to meet minimum trading days, providing an appropriate trading performance assessment.
Who is FTUK Funding Best For?
FTUK funding presents a beneficial solution for a diverse spectrum of individuals interested in the Forex market. Here’s an overview of who might find this particularly advantageous:
Aspiring Traders
This funding program provides a lifeline for those who are eager to enter the Forex trading market but need more capital. The firm offers essential financial resources to initiate its trading experience, negating the risk of personal financial loss.
Experienced Traders
For traders with a successful track record yet starved of substantial capital to upscale their trades, FTUK’s funding can be a significant game-changer. The firm empowers traders to tackle larger trades and enhance their profits by awarding increased capital in response to proven trading proficiency.
Risk-Averse Individuals
FTUK’s model is a boon for those who approach trading cautiously, wary of investing their own money. The privilege to trade using FTUK’s capital decreases the need for personal financial risks while preserving the profit potential.
Traders Seeking Growth
For those with an ambitious trading goal, FTUK is a potent platform for rapid growth. The firm’s unique ‘Augmented Growth’ program doubles the monetary funding upon achieving certain milestones, fostering a favorable trading environment for swift and profitable scaling.
FTUK Trader Funding
The trading programs at FTUK are designed specifically for disciplined traders, carving out a remarkable opportunity for those who appreciate a balanced program with lower variance.
The prop firm offers two programs designed to cater to different types of traders: The Evaluation Program and the Instant Funding Program. Each one is structured with a distinct set of benefits and opportunities.
Evaluation Program
FTUK’s Evaluation Program is designed to identify and assist profitable traders who can manage substantial capital. This single-phase process involves demonstrating trading skills with funding amounts that range from $14,000 to $90,000, similar to those in the Instant Funding Program.
The program primarily serves as a proving ground for traders to showcase their capabilities in a risk-free environment. Benefits of the Evaluation Program include:
- Low sign-up fee: Access to the program comes at a minimal cost, removing substantial financial barriers.
- No time limits: Traders can operate at their own pace without the pressure of a ticking clock.
- Hold trades overnight and over the weekend: There’s flexibility in trading times, giving room for long-term strategy implementation.
- Rapid scaling plan: Successful traders can quickly increase the scale of their operations.
- Withdraw anytime from level 2: Traders can withdraw their earnings from the second level onwards.
Instant Funding Program
The Instant Funding Program, on the other hand, is designed for proficient, profitable traders who wish to bypass the evaluation process and start trading on a live account immediately.
This program allows traders to amplify their trading profits quickly, offering instant access to funding and the ability to earn from day one. Benefits of the Instant Funding Program include:
- Start on a live account: Traders are granted immediate access to real, live trading environments.
- Earn from day one: Profitable traders can start making money right from the first day.
- No time limits: Traders can plan and execute their strategies without the constraint of time.
- Hold trades overnight and over the weekend: Traders can keep their positions open beyond regular trading hours.
- Rapid scaling plan: Successful traders can scale up their trading operations quickly.
- Withdraw anytime from level 2: Earnings can be withdrawn from the second level onward.
Whether you’re a budding trader eager to prove your skills or an experienced one seeking instant access to funds, FTUK Capital’s offerings provide an appealing platform to maximize your trading potential.
What Makes FTUK Different From Other Prop Firms
FTUK sets itself apart from other proprietary trading firms through several key differentiating factors:
Transparent Funding Process
The firm clearly outlines the steps a trader needs to take to receive funding, from the initial evaluation stage to achieving specific trading milestones.
This transparency reduces the uncertainty often associated with prop trading and allows traders to focus on their trading strategies.
Flexible Evaluation Process
Unlike many prop firms with rigid, multi-stage evaluation processes, FTUK offers a single-phase evaluation. This less complex process expedites traders’ progression toward receiving funding.
Accessible Trading Capital
The firm provides traders considerable trading capital, up to £1,000,000 or $5,760,000. This level of funding allows traders to take on more substantial trades and offers opportunities for higher profits.
Profit Retention and Scaling
FTUK offers an attractive profit split, allowing traders to retain 80% of their profits. Moreover, it allows traders to double their funding each time they hit a trading milestone, facilitating rapid scaling of trading activities.
Traders Support Specialists
The dedicated support team, composed of seasoned traders, is always ready to provide guidance, resolve issues, and offer insights. This level of personalized support helps traders navigate the complex world of forex trading more effectively.
Global Reach
FTUK extends its services to traders worldwide, providing a global platform for those looking to make a mark in the forex trading market.
Risk Management Policies
FTUK emphasizes prudent risk management, setting clear guidelines on risk per position, maximum stop loss risk, and loss risk limit. This focus on risk management helps traders protect their profits and the firm’s capital, fostering long-term trading success.
FTUK Trader Funding: Customer Support and User Experience
The quality of customer support and user experience is pivotal in a trader’s journey. The firm has established comprehensive support mechanisms and user-friendly interfaces to ensure traders have a smooth and rewarding experience.
Customer Support
FTUK takes pride in its dedicated team of Trader Support Specialists, available to assist traders at all stages of their trading journey. Whether it’s guidance on using the trading platform, advice on trading strategies, or resolving technical issues, the support team is ready to provide the necessary help. This level of support is instrumental for anyone, especially for newbies.
User Experience
The Platform is designed to be intuitive and straightforward. Traders can easily navigate through their dashboard, track their trading performance, monitor their progress through the funding levels, and manage their account settings.
Furthermore, the withdrawal process is streamlined, allowing traders to request their profit shares conveniently once they reach level 2 or higher.
Regarding educational resources, FTUK provides many materials to support traders’ learning process. These range from basic Forex trading concepts to advanced trading strategies, reinforcing the trader’s knowledge and skills.
Communication
FTUK maintains open and transparent communication with its traders. Regular updates are provided about policy changes, market conditions, or other relevant information. Traders are also encouraged to provide feedback or raise queries to ensure they have the best trading experience.
FTUK Review – Final Thought
FTUK Capital establishes itself as a unique and potentially transformative platform for Forex traders across the globe. By offering substantial capital to both aspiring and experienced traders, it eliminates the barriers of entry in Forex trading and provides a platform for swift, profitable scaling.
Its one-phase evaluation program ensures that deserving candidates are given a chance to manage vast trading funds, while its instant funding program bypasses the traditional waiting period for traders to kick start their journey towards profitability. Whether you’re a novice eager to showcase your skills or a seasoned trader keen on accessing funds without delay, FTUK Capital has a solution tailored for you.
However, as with any venture, remember that trading involves risks. Take the time to understand the program thoroughly, and always adhere to your personal trading strategy. While FTUK’s offerings may present an exciting opportunity, your personal strategy and diligence are what will ultimately determine your success.
We hope this review has provided you with a comprehensive overview of FTUK Capital’s trading programs. As a special offer to our readers, we have secured a 5% discount code for you to start your trading journey with FTUK. Enter the coupon code “MM5″ during checkout to avail of your discount.
Frequently Asked Questions
FTUK operates as a proprietary trading firm, and as such, it is not required to be regulated under any financial commission as it does not handle customer funds directly. The firm uses its capital to provide traders with funded accounts for trading.
Unfortunately, FTUK does not offer a free trial to prospective traders. Furthermore, the platform does not provide demo accounts either. To gain access to funded accounts, traders must opt either for the evaluation program or the instant funding program, both of which require the payment of a one-time subscription fee.
FTUK is a legitimate proprietary trading firm that caters to skilled traders around the globe by providing them with funded accounts. Its legitimacy is reinforced by its official licensing in the UK and its affiliation with a broker approved by the Financial Conduct Authority (FCA) in the financial market.
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