Funded Trading Plus: A Pathway to Financial Independence
Funded Trading Plus is a forward-thinking proprietary trading firm dedicated to empowering traders by providing substantial capital to navigate the complex financial markets. This innovative model allows traders to leverage significant funds without risking their personal capital, making it an ideal choice for both novices eager to learn and seasoned traders looking to expand their horizons.
The firm stands out in the competitive landscape of proprietary trading with its scalable trading opportunities, generous profit-sharing arrangements, and comprehensive risk management tools. As a result, Funded Trading Plus has gained a solid reputation among traders of varying experience levels, establishing itself as a go-to resource for those serious about their trading careers.
Key Features of Funded Trading Plus
1. Evaluation Models
Funded Trading Plus employs two distinct evaluation models to qualify traders for funded accounts. These models are designed to accommodate both experienced traders and those new to the trading environment.
Two-Phase Evaluation Model
The Two-Phase Evaluation Model is ideal for traders who wish to demonstrate their skills in a structured environment. Here’s a detailed breakdown of each phase:
- Phase 1: In this initial stage, traders must achieve a 10% profit target within 30 calendar days. While pursuing this goal, they are required to adhere to strict risk management rules, which include:
- A maximum daily loss of 5%.
- An overall loss limit of 10% for the entire evaluation period. This phase assesses not only a trader’s ability to generate profits but also their discipline and risk management skills.
- Phase 2: Upon successful completion of Phase 1, traders enter Phase 2, where they must achieve a 5% profit target within 60 calendar days. They must maintain the same risk management standards established in Phase 1. This phase further tests the trader’s capability to sustain profitability over a longer timeframe.
Successful completion of both phases results in the issuance of a funded trading account, with an initial profit split starting at 80%. This percentage can increase based on the trader’s performance over time.
Express Model
For experienced traders seeking quicker access to a funded account, the Express Model offers a streamlined path. This model allows traders to begin trading immediately without undergoing the comprehensive two-phase evaluation process. However, it still enforces strict risk management rules to ensure that disciplined trading practices are maintained.
The Express Model is particularly attractive for traders who have a proven track record and prefer to focus on trading without the added pressure of passing a lengthy evaluation.
2. Profit Splits and Withdrawals
Profit Splits
One of the most appealing aspects of Funded Trading Plus is its profit-sharing structure. Traders begin with an 80% profit split, which can increase to 90% based on consistent performance. This structure allows traders to retain a significant portion of their profits, fostering a sense of ownership and incentivizing effective trading.
Withdrawals
Funded Trading Plus allows traders to request withdrawals on a monthly basis. Typically, withdrawal requests are processed within 24 to 48 hours, enabling traders to access their earnings regularly. This timely access to funds is crucial for traders who wish to reinvest their profits or use them for personal expenses.
3. Scaling Plan
A unique feature of Funded Trading Plus is its scaling plan, which rewards traders for sustained profitability:
- Traders who achieve a 10% profit over a four-month period while adhering to the established drawdown rules can benefit from a 25% increase in their account size. This plan allows traders to progressively grow their trading capital based on their performance and compliance with risk management protocols.
The ability to scale accounts not only motivates traders to strive for better results but also provides them with greater capital to trade, enhancing their potential profitability.
4. Account Sizes and Instruments
Account Sizes
Funded Trading Plus offers various account sizes ranging from $15,000 to $200,000. As traders demonstrate consistent performance, the firm has the capacity to increase the maximum funding to up to $4 million. This flexibility allows traders to grow their trading capital significantly over time.
Trading Instruments
Traders at Funded Trading Plus have access to a diverse range of instruments, enabling them to explore various markets based on their strategies and expertise. The available instruments include:
- Forex Pairs: Traders can engage with major, minor, and exotic currency pairs, providing opportunities to capitalize on global forex market movements.
- Commodities: Popular commodities such as gold and silver, along with energy products like oil, allow traders to diversify their portfolios and benefit from market volatility.
- Indices: Traders can trade key stock indices, including the S&P 500 and NASDAQ, providing exposure to the broader stock market and facilitating strategies based on economic trends.
- Cryptocurrencies: With the rising popularity of digital currencies, Funded Trading Plus enables traders to engage with assets like Bitcoin and Ethereum, catering to those interested in the rapidly evolving crypto landscape.
The variety of instruments available allows traders to align their trades with their individual strategies, increasing their chances of success.
5. Trading Platforms
Funded Trading Plus supports two of the most popular trading platforms in the industry, ensuring that traders have access to advanced tools and features:
- MetaTrader 4 (MT4): Renowned for its user-friendly interface, MT4 offers comprehensive trading capabilities, including a wide range of technical indicators, automated trading options, and customizable charts. It is particularly favored among forex traders for its efficiency and effectiveness.
- MetaTrader 5 (MT5): As a more advanced version of MT4, MT5 provides enhanced features, such as additional timeframes, more technical indicators, and improved analytical capabilities. This platform caters to traders looking for a more robust trading experience, allowing them to engage with various asset classes seamlessly.
By supporting both platforms, Funded Trading Plus ensures that traders can choose the environment that best suits their trading styles, whether they prefer a simple interface or more advanced functionalities.
6. Risk Management Tools
At Funded Trading Plus, risk management is a cornerstone of successful trading. The firm places a strong emphasis on equipping traders with the tools needed to monitor their performance and manage risks effectively:
Proprietary Tools
Funded Trading Plus provides proprietary risk management tools that help traders track their performance in real-time. Effective use of these tools is critical for maintaining long-term profitability and adhering to the firm’s strict risk limits. These tools include:
- Performance Analytics: Traders receive detailed reports that highlight their trading habits, successes, and areas needing improvement. These analytics facilitate data-driven decision-making and encourage traders to refine their strategies.
- Drawdown Monitoring: Tools for monitoring drawdowns allow traders to stay within the maximum loss limits established by the firm. This proactive approach helps traders make necessary adjustments to avoid significant losses.
7. Flexible Trading Strategies
Funded Trading Plus supports a variety of trading strategies, allowing traders to tailor their approaches based on market conditions and their personal preferences:
- Scalping: For traders who prefer to capture small price movements, scalping strategies can be employed. This approach involves making rapid trades throughout the day to take advantage of minor fluctuations in price.
- Swing Trading: Traders interested in longer-term positions may choose swing trading, which involves holding trades for several days or weeks to capitalize on larger market movements and trends.
The flexibility to use diverse strategies makes Funded Trading Plus an attractive option for traders with various trading styles, whether they focus on high-frequency trading or longer-term investing, as long as they adhere to the firm’s risk management protocols.
Building a Community at Funded Trading Plus
An essential aspect of Funded Trading Plus is its commitment to fostering a supportive trading community. The firm recognizes that collaboration and communication among traders can significantly enhance their trading experiences and outcomes. Here’s how Funded Trading Plus builds this community:
1. Networking Opportunities
Funded Trading Plus provides platforms for traders to connect, share ideas, and discuss strategies. These networking opportunities help traders learn from one another and exchange insights about market trends, risk management techniques, and successful trading strategies. The firm encourages participation in forums and community events, fostering a collaborative atmosphere.
2. Educational Resources
Funded Trading Plus is dedicated to the continuous education of its traders. The firm offers a range of educational materials, including webinars, tutorials, and guides designed to help traders improve their skills and knowledge. By investing in education, Funded Trading Plus empowers traders to develop their trading strategies effectively and stay informed about market developments.
3. Supportive Customer Service
The firm prides itself on providing responsive and helpful customer support. Traders can reach out with inquiries or concerns, ensuring they have the assistance needed to navigate the trading landscape confidently. This support is especially crucial for new traders who may require guidance as they embark on their trading journey. The availability of live chat and email support further enhances the customer experience.
Frequently Asked Questions (FAQs)
As traders explore Funded Trading Plus, they often have questions regarding the specifics of the evaluation process and the firm’s offerings. Here are some common inquiries:
1. What are the profit targets in the evaluation phase?
- Phase 1: Traders must achieve a 10% profit within 30 days.
- Phase 2: Traders must achieve a 5% profit within 60 days.
2. What is the maximum drawdown limit?
Traders must adhere to the following limits:
- A maximum daily loss of 5%.
- An overall loss limit of 10% during the evaluation process.
3. What is the deadline for completing the evaluation phases?
- **Phase 1**: Must be completed within *30 calendar days*.
- Phase 2: Must be completed within 60 calendar days, with a minimum of 10 trading days.
4. Can Expert Advisors (EAs) be used?
Yes, traders are permitted to use Expert Advisors (EAs) and automated trading systems. However, some third-party EAs involved in high-frequency trading (HFT) or trade copying strategies may be restricted.
5. Can trades be held overnight or over the weekend?
Yes, traders can hold positions overnight and over weekends, which is particularly beneficial for those employing longer-term trading strategies or trading cryptocurrencies.
6. How does the profit split work?
Traders who successfully complete the evaluation process and participate in the scaling plan start with an 80% profit split, which can increase to 90% based on performance.
7. What is the scaling plan?
Traders who achieve a 10% profit over four months while following drawdown rules can benefit from an account size increase of 25%. This plan allows traders to grow their capital progressively based on their performance.
8. How do I withdraw profits?
Profits can be withdrawn monthly, and requests are typically processed within 24 to 48 hours.
9. What happens if I fail the evaluation?
Traders who fail the evaluation but adhere to the firm’s rules may be eligible for a free retry, reinforcing Funded Trading Plus’s commitment to supporting traders.
10. What is the cost of participating in the Funded Trading Plus evaluation?
Traders are required to pay a one-time fee to enter the evaluation process. This fee is refundable once traders successfully pass and begin trading with a funded account.
Conclusion
Funded Trading Plus presents a unique and valuable opportunity for traders to access significant capital for trading in financial markets without exposing their personal funds to risk. With its flexible evaluation models, attractive profit-sharing arrangements, and a strong emphasis on risk management, the firm caters to both novice and experienced traders alike.
The diverse range of trading instruments, versatile strategies, and robust support from the Funded Trading Plus community create a conducive environment for traders to grow their capital and achieve success in the markets. As the trading landscape continues to evolve, Funded Trading Plus stands as a leader in proprietary trading, fostering a new generation of traders equipped with the skills and resources necessary to thrive in this competitive field.
