Is Funded Trading Plus the Best Instant Funding Forex Prop Firm

Jeremy BiberdorfBy: Jeremy Biberdorf

October 21, 2023October 21, 2023

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Funded Trading Plus is an innovative no-evaluation prop firm created by three traders dedicated to helping aspiring traders overcome the obstacle of limited capital. Emerging from Trade Room Plus, a popular live trade room, the founders recognized the challenges traders face in getting started and set out to find a solution.

Their vision is inclusive, welcoming talent from all walks of life. Whether you’re a retired market veteran, an ambitious millennial, or a budding trader down on the farm, Funded Trading Plus offers a viable path to take control of your financial future.

If you’ve got the skills and dedication, they’ve got the capital to get you started. Here is a Funded Trading Plus review to determine why it is the best instant funding forex prop firm.

Learn More About Funded Trading Plus

How Does Funded Trading Plus Work?

Getting started with Funded Trading Plus is a straightforward process. Traders sign up for one of the evaluation accounts, which varies based on the account size chosen.

The evaluation program has 2 phases: the assessment and the funded account phase.

  • In the assessment phase, traders must reach a profit goal without exceeding the daily or max drawdown limit. Unlike some prop firms, Funded Trading Plus offers unlimited time to reach the profit goal, allowing traders the freedom to trade at their own pace.
  • If a trader completes the assessment phase, they are offered a funded account to start trading real capital. The funded account comes with a generous profit share and follows the same rules as the assessment phase.

The flexibility and transparency offered are major benefits. There are no hidden fees or unrealistic expectations. As long as you can prove yourself as a consistently profitable trader within their guidelines, the opportunity to trade a funded account is there.

Funded Trading Plus Account Funding Options

Funded Trading Plus offers three main account funding programs for forex traders at different experience levels.

Experienced Trader Program

The Experienced Trader Program is tailored for traders with solid experience trading the forex markets. This program offers:

  • Evaluation Type: Single Phase
  • Profit Split: 80/20, with the potential to go up to 90/10
  • Profit Target: 10%
  • Drawdown: Relative Drawdown is 6% and Daily Drawdown is 3%
  • Trading Platform: MT4 or MT5
  • Account Size: Ranges from $12,500 to $200,000
  • Refundable Fee: Starts at $119 and goes up to $999 depending on the account size
  • Minimum Trading Days: None

Advanced Trader Program

The Advanced Trader Program provides experienced forex traders with more flexibility. It offers:

  • Evaluation Type: Two Phases
  • Profit Split: 80/20, with the possibility to increase to 90/10
  • Profit Target: 10% for Phase 1 and 5% for Phase 2
  • Drawdown: Relative Drawdown is 10%, Daily Drawdown is 5%
  • Trading Platform: MT4 or MT5
  • Account Size: Varies from $25,000 to $200,000
  • Refundable Fee: Starts from $199 and increases to $999 depending on account size
  • Minimum Trading Days: None

This program skips the evaluation phase, enabling qualified traders to access more capital quickly. The looser drawdown limits give traders additional breathing room.

Master Trader Program

The Master Trader Program is Funded Trading Plus’ premier account funding option. It includes:

  • Evaluation Type: Instant Funding (No Evaluation)
  • Profit Split: 70/30, with the potential to rise to 90/10
  • Drawdown: Relative Drawdown is 5% of the starting balance
  • Trading Platform: MT4 or MT5
  • Account Size: Ranges from $5,000 to $100,000
  • One-Time Fee: Ranges from $225 to $4,500 based on the chosen account size
  • Minimum Trading Days: None

This prestigious program provides the most funding and the least restrictions. There is no maximum daily drawdown limit, and skilled traders have full control over how they utilize the capital. Successful traders can scale into larger accounts as their equity grows.

Who is Funded Trading Plus Best For?

If you’re an experienced forex trader looking for a proprietary trading firm to fund your trading, Funded Trading Plus should be at the top of your list.

  • Experienced Traders: With generous profit splits of up to 90/10 for proven traders, Funded Trading Plus offers some of the most attractive compensation in the industry. Their Advanced Trader Programs provide large accounts and require a solid track record.
  • Day Traders: Funded Trading Plus caters to day traders and those looking to actively trade the markets. Their funding programs don’t impose limits on trading styles or strategies.
  • Professional Traders Seeking Flexibility: Whether you prefer scalping, swing trading, or another short-term strategy, Funded Trading Plus accepts all trading approaches.

Is Funded Trading Plus the Best Instant Funding Forex Prop Firm

So, is Funded Trading Plus really the best instant funding prop firm? The short answer is yes. Funded Trading Plus provides traders the opportunity to trade with a funded account from day one, eliminating the struggle to fund your trading account.

Their evaluation process assesses your skills and risk management abilities to determine the size of your funded account. Pass the evaluation, and you’ll receive a funded trading account, allowing you to keep a large portion of the profits.

If you’re ready to start your trading journey to funded trading, click here and use the code MODEST to save 10% on your evaluation. Financial freedom is within your reach!

Get Started with Funded Trading Plus

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Jeremy Biberdorf
Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He's a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

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