Funded Trading Plus, established in late 2021 with its headquarters in London, UK, has quickly made its mark as a legitimate proprietary trading firm within the forex trading community. Among its diverse range of funding programs, the Master Trader Program stands out by offering direct funding to experienced traders.
Overview of the Master Trader Program
This exclusive program is designed for traders seeking immediate access to capital without the need for an evaluation phase. Here’s a detailed look at the account sizes and the program rules:
Account Sizes and Fees
- $5,000 account for a one-time fee of $225
- $10,000 account for a one-time fee of $450
- $25,000 account for a one-time fee of $1,125
- $50,000 account for a one-time fee of $2,250
- $100,000 account for a one-time fee of $4,500
Key Features of the Master Trader Program
- Profit target: 10%
- Overall drawdown limit: 5%
- Minimum trading days: No limit, offering flexibility for traders
- Maximum trading period: No limit, allowing traders to achieve targets at their own pace
- Leverage: Up to 1:30, providing reasonable risk management opportunities
Upon achieving the program’s criteria, traders are awarded a funded account with the same balance as their initial account, starting with a 70% profit split. Impressively, this split has the potential to increase up to 90%, reflecting Funded Trading Plus’s commitment to rewarding successful trading strategies.
Scaling Plan
The Master Trader Program also features an ambitious scaling plan, designed to support consistent performers over time. Qualification for the scaling plan requires reaching a 10% profit target, which then allows traders to double their account balance. This plan aims for a maximum account balance cap of $2,500,000, showcasing the significant growth potential for dedicated traders.
This breakthrough overview of the Master Trader Program illustrates Funded Trading Plus’s dedication to fostering trader success and growth within the forex market. With competitive terms and a focus on trader development, the Master Trader Program is poised to attract skilled traders aiming for high levels of achievement and scalability.
