In the vast world of proprietary trading firms, Funded Trading Plus has emerged as a notable contender. But the question on many traders’ minds is, “Is Funded Trading Plus legit?” This Funded Trading Plus review delves deep into the company’s offerings, reputation, and user feedback to provide a well-rounded perspective.
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A Brief Overview of Funded Trading Plus
Funded Trading Plus is a prop trading company that offers traders the opportunity to trade with larger capital than they might have access to on their own. Proprietary trading firms, or “prop firms”, provide traders with access to capital in exchange for a share of the profits generated . At Funded Trading Plus, traders begin by signing up for an evaluation account. The size and conditions of these accounts can vary based on the chosen account size.
One of the significant advantages of trading with Funded Trading Plus is that the company covers all losses on the funded accounts, ensuring that traders can focus on their strategies without the fear of personal financial repercussions . Furthermore, traders have the potential to retain up to 90% of the profits they generate. The company prides itself on its transparency, fairness, and clear rules, making it a reliable choice for traders.
The inception of Funded Trading Plus was driven by three trading enthusiasts: Simon, James, and Michael. Their combined expertise and unique backgrounds have led to the creation of a platform that aims to support and nurture trading talent from all over the world . This platform is especially beneficial for aspiring traders who might be limited by their own capital but possess the skills and strategies to succeed in the trading world.
Is Funded Trading Plus Legit?
One of the most reliable ways to gauge the legitimacy and effectiveness of a company is through third-party reviews. Funded Trading Plus boasts an impressive 4.9/5 rating on Trustpilot, based on feedback from over 1,600 users. This high rating is a testament to the company’s commitment to excellence and user satisfaction. Here are a few reviews from real users:
Zachery Jordan mentions, “Funded Trading Plus has been easy and straightforward when it comes to interacting and trading. I have been using the platform for around 3 months and have no complaints.”
Matilda praises the firm’s structure, stating, “Great firm with very strong rules which will help you to become the best trader you can be. Great and fast responses, highly recommend for anyone looking for an affordable prop firm.”
Frank Jackson highlights the company’s efficiency, saying, “Funded Trading Plus was Great with their payout!! Very simple, fast, and efficient process to receive your hard-earned money without any hassle.”
These reviews, among many others, showcase the positive experiences traders have had with Funded Trading Plus, further solidifying its legitimacy in the industry.
The company builds upon the foundation set by Trade Room Plus and is dedicated to assisting traders, especially those with limited funds. Their collaboration with experts in the field ensures a focus on the success of funded traders. One of the unique aspects of Funded Trading Plus is its global reach, making it inclusive for a diverse range of traders, from retirees to millennials, ensuring accessibility and success in trading .
Robust Evaluation Process of Funded Trading Plus
Funded Trading Plus stands out in the proprietary trading landscape due to its rigorous and structured evaluation process. Recognizing the importance of capital safety and the potential risks associated with trading, the company has implemented a comprehensive assessment system. This system meticulously gauges the skills, strategies, and risk management capabilities of aspiring traders.
- Experienced Trader Program: For seasoned traders. Features include single phase evaluation, 80/20 profit split, and no time limits.
- Advanced Trader Program: For those wanting more drawdown flexibility. Features include a two-phase evaluation and a 80/20 profit split.
- Master Trader Program: Instant funding for successful traders. Features include no evaluation and a 70/30 profit split
By setting high standards for entry, Funded Trading Plus ensures that only those who demonstrate exceptional trading acumen are granted access to the company’s funds. This not only safeguards the company’s capital but also provides traders with a platform where their skills are acknowledged and rewarded.
The evaluation process is not just about filtering out the best; it’s about creating a symbiotic relationship. When skilled traders succeed, they not only benefit personally but also contribute to the company’s success. This alignment of interests creates a win-win situation, where both Funded Trading Plus and its traders thrive together in the competitive world of trading.
Is Funded Trading Plus Worth It?
Given the positive feedback from users and the company’s commitment to providing a platform for traders to amplify their potential, it’s evident that Funded Trading Plus is not only legit but also a valuable resource for traders. Their transparent evaluation process, generous funding, and continuous support make them stand out in the crowded prop trading space.
Final Verdict: Is Funded Trading Plus Legit?
In the world of prop trading, where many firms come and go, Funded Trading Plus has established itself as a reliable and trustworthy partner for traders. Their high ratings, positive user feedback, and commitment to trader success make them a top choice for those looking to take their trading journey to the next level. If you’re interested in leveraging the Funded Trading Plus platform and resources, click here to get started.