Funded Trading Plus

Funded Trading Plus: A Comprehensive Review

**Introduction**

Funded Trading Plus (FTP) has rapidly become a popular choice for aspiring traders seeking alternative ways to access the forex, commodities, and indices markets. This platform offers traders the unique opportunity to trade significant amounts of capital without risking their own money. In this review, we will delve into the features, benefits, and potential drawbacks of Funded Trading Plus.

**Overview**

Funded Trading Plus positions itself as a bridge between talented traders and investors willing to fund traders' accounts. The platform promises competitive funding programs, rigorous evaluation processes, and attractive profit-sharing models. Here’s an in-depth look at what it has to offer.

**Funding Programs**

Funded Trading Plus provides a variety of funding programs tailored to suit different trading styles and risk profiles. Here's a snapshot of their main offerings:

1. **Evaluation Program**: This program involves a two-phase evaluation process where traders must demonstrate their skills by achieving specific profit targets without violating predefined risk parameters. Once passed, traders receive funded accounts with significant capital allocations.

2. **Direct Funding Program**: For experienced traders, the Direct Funding Program offers immediate access to capital. This option is designed for traders who can provide evidence of past trading success and meet certain criteria set by the platform.

**Trading Conditions**

One of the standout features of Funded Trading Plus is its commitment to providing funding with realistic conditions. Traders can access:

- **Leverage**: The platform offers appropriate leverage levels to help traders optimize their strategies without exposing themselves to undue risk.
- **Instruments**: FTP supports a wide range of trading instruments, including forex, commodities, indices, and cryptocurrencies, allowing traders to diversify their portfolios.
- **Platforms**: Traders can use popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), ensuring familiarity and ease of use.

**Profit Sharing and Fees**

Funded Trading Plus follows a profit-sharing model, wherein a percentage of the profits made by the traders is retained by the platform. Typically, this split is generous, allowing traders to keep a substantial share of their earnings. Additionally, the funding programs come with nominal fees, which are used to cover administrative and operational costs. It’s essential for traders to thoroughly understand these fees before committing.

**Support and Education**

FTP emphasizes supporting its traders with a robust educational suite. Through regular webinars, video tutorials, and one-on-one mentoring, traders can enhance their skills and increase their chances of success. Moreover, the customer support team is responsive and knowledgeable, ready to assist with any queries or technical issues that may arise.

**Pros**

- **Access to Significant Capital**: Traders can manage large accounts, significantly increasing their potential for profit.
- **Risk Mitigation**: Personal financial risk is minimized as traders are not using their own money.
- **Supportive Environment**: Comprehensive educational resources and responsive support.
- **Diverse Instruments**: Ability to trade a variety of markets.

**Cons**

- **Evaluation Process**: The stringent two-phase evaluation may be daunting for some traders.
- **Profit Sharing**: While typically generous, the profit-sharing model means traders do not retain all their earnings.
- **Fees**: Initial and recurring fees can be a limiting factor for some.

**Conclusion**

Funded Trading Plus offers a compelling proposition for traders looking to scale their operations without the hefty capital requirements typically associated with trading. Its structured evaluation process, diverse funding programs, and robust support make it an attractive option. However, traders should carefully consider the fees and understand the profit-sharing model to determine if it aligns with their trading goals.

**Final Thoughts**

For serious traders looking to build a career in trading with reduced personal financial risk, Funded Trading Plus represents a viable and promising platform. As always, it's important to conduct thorough research and due diligence to ensure the program fits your trading strategy and financial objectives.