Funded Trading Plus is a UK-based prop firm founded in 2021, operating under FTP London Ltd with broker backing from ASIC-regulated Eightcap. It offers three programme types — 1-Step Express, 2-Step Classic, and Instant Funding — with accounts from $5,000 to $200,000 and a scaling path to $2.5M. Five platforms are supported including MT5, cTrader, and TradingView. The firm has paid out over $19.5M to traders and holds a 4.4/5 Trustpilot rating from over 2,600 reviews.
Rating Breakdown
Pros
- Five platforms: MT5, cTrader, TradingView, Match-Trader, DXtrade
- No time limits on any evaluation programme
- News trading allowed on all programmes except Instant Funding
- EAs and algorithmic trading permitted (no arbitrage)
- ASIC-regulated broker backing via Eightcap
- Scaling path to $2.5M ($5M with boost add-on)
- 98.26% payout approval rate documented
- Profit split scales to 100% through performance milestones
- UK-based entity with publicly visible CEO
- $19.5M+ in verified payouts to traders
Cons
- No MT4 support on any programme
- Grid trading and arbitrage bots prohibited
- Overnight/weekend holding restricted on Instant Funding
- Default 80% profit split requires add-ons or scaling to improve
- Strict consistency rule on 2-Step Classic funded stage (50%)
- Instant Funding fee not refunded (evaluation fees are)
- Maximum 2 active funded accounts per trader
- No publicly confirmed evergreen coupon code at time of review
Account Plans and Pricing
1-Step Express Challenge Rules
| Evaluation type | One-step (single phase) |
| Profit target | 10% |
| Time limit | None |
| Min. trading days | None required |
| Max drawdown | 6% trailing from highest balance |
| Daily loss limit | 4% |
| Consistency rule | None during evaluation |
| Overnight / weekend holding | Allowed |
| News trading | Allowed |
| Expert Advisors | Allowed (no arbitrage) |
| Fee refund | Returned with first funded payout |
2-Step Classic Challenge Rules
| Evaluation type | Two-step (Phase 1 + Phase 2) |
| Phase 1 profit target | 8% |
| Phase 2 profit target | 4–5% |
| Time limit | None |
| Min. trading days | None required |
| Max drawdown | 8% static |
| Daily loss limit | 4% |
| Consistency rule | 35% during challenge; 50% on funded stage |
| Overnight / weekend holding | Allowed during evaluation |
| News trading | Allowed |
| Expert Advisors | Allowed (no arbitrage) |
| Fee refund | Returned with first funded payout |
Instant Funding (Master Trader) Rules
| Evaluation type | None — funded from day one |
| Account sizes | $5,000 to $100,000 |
| Profit target | None |
| Max drawdown | 6% trailing from highest balance |
| Daily loss limit | 6% |
| Overnight / weekend holding | Not allowed |
| News trading | Not allowed |
| Fee refund | Not refunded |
Payouts
| First payout | On demand; no minimum trading days required |
| Payout cycle options | 3-day, 5-day, 7-day, or 14-day (customisable) |
| Default cycle | 7 days (1-Step & Instant); 10 days (2-Step Classic) |
| Processing time | Typically 24–48 hours |
| Minimum withdrawal | $50 |
| Profit split (default) | 80% |
| Profit split (max) | 100% via scaling milestones or add-ons |
| KYC required | Yes, before first payout |
| Payout approval rate | 98.26% (documented) |
| Total paid to traders | $19.5M+ |
Trading Conditions
| Platforms | MT5, cTrader, TradingView, Match-Trader, DXtrade |
| MT4 available | No |
| Instruments | Forex pairs, global indices, commodities, cryptocurrencies |
| Max leverage | 1:30 (evaluation accounts); 1:50 on some programmes; 1:2 crypto |
| News trading | Allowed on 1-Step and 2-Step; not on Instant Funding |
| Overnight / weekend holding | Allowed on 1-Step and 2-Step; restricted on Instant Funding |
| Expert Advisors | Allowed |
| Grid trading | Not permitted |
| Arbitrage | Not permitted |
| Hedging (same account) | Allowed |
| Copy trading (own accounts) | Allowed (subject to restrictions) |
| Copy trading (cross-account / third-party) | Not permitted |
| Max active funded accounts | 2 per trader |
| Scaling plan | 25% account increase per 10% profit milestone; up to $2.5M |
| Broker partners | Eightcap (ASIC-regulated), ThinkMarkets |
Our Verdict
Funded Trading Plus sits in a solid mid-tier position among CFD prop firms. Its strongest point is platform breadth. MT5, cTrader, TradingView, Match-Trader, and DXtrade cover most trader setups. The absence of MT4 is the one notable gap — it still matters to a significant segment of the prop firm audience, particularly traders with older expert advisors built for MT4.
The no-time-limit policy across all programmes is a genuine advantage. Traders are not racing a calendar — they hit the target when they are ready. Paired with no minimum trading days, this is one of the more relaxed evaluation structures available. News trading being allowed on the 1-Step and 2-Step programmes also adds flexibility that more restrictive firms do not offer.
The 2-Step Classic consistency rule deserves close attention. During the evaluation phases, no single day can account for more than 35% of total profit. On the funded stage, that tightens to 50%. For discretionary traders who rely on a handful of high-conviction trades, this can become a real constraint. Use our consistency calculator to check if your trading style is compatible before committing.
Payout reliability looks strong. A documented 98.26% approval rate and $19.5M+ paid to traders is a meaningful track record for a firm founded in 2021. The ASIC-regulated broker backing via Eightcap is a genuine differentiator — it means the underlying liquidity and execution infrastructure carries third-party regulatory oversight, which is not something every prop firm can point to.
The default 80% profit split is the weakest part of the offer compared to peers. Most top-tier firms now lead with 85-90% as standard. Getting to a higher split at Funded Trading Plus requires either paying add-on fees or hitting scaling milestones. The Instant Funding programme also restricts overnight holding and news trading, which limits it to a narrow trading style compared to the evaluation programmes.
Overall, Funded Trading Plus is a credible choice for traders who want platform flexibility, no time pressure, and a UK-regulated-entity structure. It is not the cheapest, nor does it have the highest default split in the market, but the track record and broker backing give it more legitimacy than most firms at this price point.
Ready to Try Funded Trading Plus?
Funded Trading Plus periodically runs promotions and coupon codes on its website. Check the promotions page at fundedtradingplus.com before checkout for any active discount. The firm has run codes offering 10–15% off in the past, but no evergreen code was confirmed active at the time of this review.
Evaluation fees on the 1-Step Express and 2-Step Classic are refunded with your first funded payout. Instant Funding fees are not refunded. Factor this in when comparing entry costs across programmes.
Visit Funded Trading PlusFrequently Asked Questions
Is Funded Trading Plus a legitimate prop firm?
Funded Trading Plus launched in 2021 and is operated by FTP London Ltd in the UK. It is backed by ASIC-regulated broker Eightcap and ThinkMarkets, has paid out over $19.5M to traders, and holds a 4.4/5 Trustpilot rating from over 2,600 reviews. The CEO is publicly visible and responds on Trustpilot. It is not regulated by a financial authority as a firm, which is standard for prop firms in this space.
What challenge types does Funded Trading Plus offer?
Funded Trading Plus offers three main programme types: the 1-Step Express (one phase, 10% profit target, 6% trailing drawdown), the 2-Step Classic (two phases, 8% then 4-5% targets, 8% static drawdown), and Instant Funding / Master Trader (no evaluation, trade from day one). Account sizes range from $5,000 to $200,000 with a scaling path to $2.5M.
What are the drawdown rules at Funded Trading Plus?
The 1-Step Express uses a 6% trailing maximum drawdown with a 4% daily loss limit. The 2-Step Classic uses an 8% static drawdown with a 4% daily limit. Instant Funding uses a 6% trailing drawdown with a 6% daily limit. Trailing drawdown means the drawdown level follows your peak balance, not your starting balance, which is more demanding than static drawdown.
What platforms does Funded Trading Plus support?
Funded Trading Plus supports MT5, cTrader, TradingView, Match-Trader, and DXtrade. MT4 is not available on any programme. Platform availability may vary by region. If your trading setup requires MT4 specifically, this firm is not a match.
Is there a Funded Trading Plus discount code?
Funded Trading Plus runs periodic promotions, including past codes offering 10-15% off specific programmes. No evergreen coupon code was confirmed active at the time of this review. Check the promotions page at fundedtradingplus.com directly before purchasing for any current offers.
Ready to try Funded Trading Plus?
3 programme types. MT5, cTrader, TradingView, Match-Trader, DXtrade. No time limits. Scale to $2.5M.
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