Funded Trading Plus, a burgeoning proprietary trading firm based in London, UK, has been making waves in the forex trading community since its inception in late 2021. Among its diverse offerings, The Advanced Trader Program stands as a two-step challenge designed to cater to traders seeking to demonstrate their trading prowess with the potential for significant capital allocation.
Exploring The Advanced Trader Program
This program is meticulously crafted for traders who are ready to take on a challenge that tests their skills through a structured evaluation process. Here’s a breakdown of the account sizes and the essential rules governing The Advanced Trader Program:
Account Sizes and Participation Fees
- $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
Program Rules and Objectives
- Profit target for Phase 1: 10%
- Profit target for Phase 2: 5%
- Daily drawdown limit: 5%
- Overall drawdown limit: 10%
- Minimum trading days: No limit, offering traders the flexibility to trade on their schedule
- Maximum trading period: No limit, ensuring traders can take the time they need to meet targets
- Leverage: Up to 1:30, allowing for responsible risk management
Traders who successfully navigate through The Advanced Trader Program are granted a funded account that mirrors the balance of the evaluation account. Starting with an 80% profit split, there’s an opportunity for this to increase to 90%, reflecting the firm’s commitment to rewarding successful traders.
Scaling Plan Opportunities
The Advanced Trader Program also introduces a scaling plan for traders who consistently perform well over time. To qualify for scaling, traders need to achieve a 20% profit target, which results in doubling their account balance. This ambitious scaling plan permits growth up to a $2,500,000 account balance, offering substantial advancement potential for dedicated traders.
This detailed overview of The Advanced Trader Program underscores Funded Trading Plus’s dedication to supporting ambitious traders in their quest for success. With its structured evaluation, competitive profit splits, and robust scaling opportunities, The Advanced Trader Program is poised to attract skilled traders aiming to achieve new heights in their trading careers.
