Funded Trading Plus, established in late 2021 and based in London, UK, is emerging as a significant player in the proprietary trading firm landscape, attracting a growing number of forex traders with its innovative funding programs. Among its offerings, the Experienced Trader Program stands out as a streamlined one-step challenge designed for skilled traders seeking to demonstrate their prowess and gain access to significant trading capital.
Detailed Overview of the Experienced Trader Program
This program is specifically tailored for traders who are confident in their trading strategies and ability to generate profits. Here are the specifics regarding account sizes and the program rules:
Account Sizes and Fees
- $12,500 account for a one-time fee of $119
- $25,000 account for a one-time fee of $199
- $50,000 account for a one-time fee of $349
- $100,000 account for a one-time fee of $499
- $200,000 account for a one-time fee of $999
Program Rules and Objectives
- Profit target: 10%
- Daily drawdown: 3%
- Overall drawdown: 6%
- Minimum trading days: No limit, offering flexibility for traders to reach the target at their pace
- Maximum trading period: No limit, emphasizing the firm’s focus on results over time constraints
- Leverage: Up to 1:30, allowing for prudent risk management
Upon achieving the profit target, traders are awarded a funded account with the same balance as their evaluation account, starting with an 80% profit split. Impressively, this split has the potential to increase to 90%, reflecting Funded Trading Plus’s commitment to rewarding successful traders.
Scaling Plan for Sustained Success
The Experienced Trader Program also features a scaling plan aimed at traders who consistently perform over time. To qualify for scaling, traders must hit a 10% profit target, enabling them to double their account balance. This plan supports growth up to a $2,500,000 account balance, offering a clear path to scaling trading operations.
This breakdown of the Experienced Trader Program illustrates Funded Trading Plus’s dedication to providing a conducive platform for experienced traders to leverage their skills for substantial trading opportunities. With competitive terms and a clear focus on trader development, the program is poised to attract adept traders aiming for high levels of success in the forex market.
