Funding trading plus account types and drawdown provides a range of account types catered to varying skill levels and trading preferences. In the proprietary trading sector, Funding Trading Plus (often referred to as Funded Trading Plus) has quickly become well-known for its trader-friendly drawdown policies, clear regulations, and flexible account options. The firm, which was founded in 2021, is well-liked by both novice and seasoned traders because it provides a range of funding options catered to various skill levels and trading preferences. Funding Trading Plus account types and drawdown will be examined in this article, along with their evaluation procedures and the drawdown guidelines that support the firm's risk management philosophies.
An Overview of Funding Trading Plus
With the ability to handle up to $2,500,000 in cash and retain up to 100% of profits, Funding Trading Plus is a prop trading firm that gives traders access to replicated live trading accounts. By providing a variety of account types, immediate funding options, and an open, encouraging environment for traders from various backgrounds, the company hopes to reduce the obstacles to professional trading.
Funding Trading Plus Account Types
Funding trading plus sets itself apart by offering a variety of account types and funding programs, each with distinct features, evaluation stages, and drawdown structures.
Among the primary account kinds are:
- 1-Step Express
- 2-Step Classic
- Instant Funding Program
Let’s examine each in detail.
1.1-Step Express account(One-Step Evaluation)
Overview:
The 1-Step Express account is part of the 1-Step Express program, which is a challenge that traders must pass to receive an FT+ Trader simulated live account
Characteristics:
- Assessment: One-phase, with a 10% profit target.
- Drawdown: A maximum trailing loss of 6% and a maximum daily loss of 4% apply.
- Profit Split: 80/20 initially, with the possibility of increasing to 100%.
- The sizes of accounts range from $12,500 to $200,000.
- Platforms for Trading: MT4 and MT5.
- Time Limits: There are no time limits for completing evaluations; however, accounts must remain active by placing at least one trade within any 30-day
- Withdrawals: Minimum withdrawal of $50, and subsequent withdrawals can be made every 7 days
Who is it for?
Traders seeking a quick, simple evaluation with clear rules and no pressure from time constraints.
2. 2-Step Classic (Two-Step Evaluation)
Overview:
This program is a two-phase static drawdown evaluation account. Upon passing both steps/phases, subject to the usual processing and review, you will then receive an FT+ Trader simulated live account
Characteristics:
- Evaluation: There are two stages: Phase 1& 2 demand a profit target of 7%.
- Drawdown: Maximum loss per phase is 8%; maximum loss per day is 4%.
- Profit Split: 80/20 initially, with the possibility of increasing to 100%.
- Sizes of Accounts: $25,000 to $200,000.
- Platforms for Trading: MT4 and MT5.
- Time Limits: Unlimited time for each phase; no minimum trading days.
- Withdrawals: Weekly withdrawals after the initial withdrawal, which occurs 7 days after funding.
Who is it for?
Traders who value a more comprehensive evaluation and are willing to demonstrate consistency over two stages.
3. Instant Funding Program
Overview:
This Program offers an Instant simulated funded account, meaning there is no evaluation for this program, and that you are trading simulated Live conditions from the start
Characteristics:
- Assessment: No assessment—immediate funding.
- Drawdown: Maximum loss options of 6%(trailing); daily drawdown limit of 6%.
- Profit Split: Payout split for this program is 80% as standard.
- Sizes of Accounts: $5,000 to $200,000.
- Leverage: up to 1:100.
- Withdrawals: No minimum trading days; weekly withdrawals are permitted.
Who is it for?
Traders who want fast access to funding and the ability to tailor risk and profit-sharing to their preferences.
4. Scaling and Multiple Accounts
- Scaling: After making a 10% profit on their funded account, traders can increase their capital allocation by scaling up.
- Multiple Accounts: You may have more than one evaluation account, but you may only have two funded accounts open at once, and the initial financing amount is limited to $400,000.
Drawdown Rules At Funding Trading Plus
In order to avoid disastrous losses and guarantee the longevity of the trader and the firm, drawdown is an essential risk management technique. Funding Trading Plus employs two primary drawdown types.
| Account Type
| Maximum Daily DrawdownDefinition: The maximum loss permitted in a single trading day, including both closed and open (floating) losses | Maximum (Trailing/Overall) DrawdownDefinition: The maximum cumulative loss allowed from the starting balance, calculated as a trailing loss (i.e., it moves up as your equity grows). |
| 1-Step Express | 4% | 6% |
| 2-Step Classic | 4%. | 8% |
| Instant Funding Program | 6%. | 6% |
Drawdown Example Calculations
- Experienced Trader Program ($100,000 account):
- Daily Drawdown: $4,000 (4% of $100,000)
- Trailing Drawdown: $6,000 (6% of $100,000). If your equity peaks at $110,000, your new trailing drawdown is $104,000.
- Premium/Advanced Program ($100,000 account):
- Daily Drawdown: $4,000
- Trailing Drawdown: $8,000 (8% of $100,000). If your equity peaks at $120,000, your new trailing drawdown is $112,000.
- Master Trader Program ($100,000 account):
- Daily Drawdown: $6,000
- Trailing Drawdown: $6,000
Exceeding either the daily or trailing drawdown results in immediate disqualification or account closure.
Special Features and Flexibility
- Unlimited Trading Time: There is no time constraint to meet profit goals or finish assessments.
- No Minimum Trading Days: Go at your own speed—perfect for swing or part-time traders.
- Quick Withdrawals: Payouts every seven days after demand.
- Generous Profit Splits: Depending on the program and performance, profits might range from 100% to 100%.
- Refundable Fees: Following successful completion and funding, evaluation fees are reimbursed.
Choosing the Right Program
- For ease and speed, go for the Master Trader or Experienced Trader Programs, which offer minimum red tape and rapid access to capital.
- For a Comprehensive Assessment: If you would like a multi-phase evaluation and a higher maximum drawdown, choose the Premium/Advanced Program.
- To customize risk and profit-sharing to meet your trading style, choose the Instant Funding Program.
- For Scaling: As you demonstrate your reliability and profitability, take advantage of scaling possibilities to raise your cash.
Conclusion
Because of its many account types, clear drawdown guidelines, and trader-focused philosophy, Funding Trading Plus distinguishes itself in the prop trading market. There is a program designed to meet your objectives, whether you are an experienced trader searching for quick cash or a novice trader wanting a methodical assessment. Consistent performance is rewarded with significant profit splits and scaling opportunities, while disciplined, sustainable trading is encouraged by the transparent drawdown limits and adaptable trading conditions. To get the most out of Funding Trading Plus and establish a long-lasting trading profession, you must comprehend the subtleties of each account type and its drawdown regulations.
Frequently Asked Questions About Funding Trading Plus Account Types and Drawdown
What Account Sizes Are Available On Funding Trading Plus?
Account sizes range from $5,000 up to $200,000 for evaluation programs, with the possibility to scale up to $2,500,000 in total funded capital. The Master Trader Program offers accounts from $5,000 to $100,000 initially.
Funding Trading Plus Account Types and Drawdown
Yes. Traders can have unlimited evaluation accounts, but are limited to funding two live FT+ trader accounts simultaneously.
What Trading Platforms are Supported?
Funding Trading Plus supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.
Are There Restrictions On Trading Style or Minimum Trading Days?
No. There are no minimum trading days or restrictions on trading style, allowing traders to trade at their own pace without time pressure.