Examining Funded Trading Plus and FTMO reveals key parallels and distinctions in their trading goals and standards. This analysis explores various facets of their respective trading programs.
Phase 1 Profit Objective
Both Funded Trading Plus and FTMO set a Phase 1 profit target of 10%.
Phase 2 Profit Target
In Phase 2, both firms require traders to achieve a 5% profit target.
Maximum Daily Loss Limit
Each firm enforces a 5% maximum daily loss.
Total Loss Cap
Funded Trading Plus has a 10% maximum trailing loss, aligning closely with FTMO’s 10% maximum loss.
Minimum Trading Days
While Funded Trading Plus offers flexibility with no minimum trading days, FTMO necessitates a minimum of 4 calendar days.
Maximum Trading Period
Both firms provide an unlimited trading period for Phase 1 and Phase 2, allowing traders extensive time to reach their targets.
Profit Sharing Structure
The London-based Funded Trading Plus offers a profit split ranging from 80% to 100%, compared to FTMO’s 80% to 90% range.
Premium Trader Program: Funded Trading Plus
Funded Trading Plus’ Premium Trader Program is a two-phase evaluation program with an 8% Phase 1 profit target and a 5% Phase 2 target. It includes a 4% maximum daily loss and an 8% maximum trailing drawdown. This program stands out for not imposing minimum or maximum trading day requirements, thus offering enhanced flexibility to traders. Additionally, it features no mandatory stop-loss rule and allows traders to hold positions over weekends, providing a significant advantage in terms of trading style flexibility compared to other leading firms.
