Funded Trading Plus Review: Pros and cons, Sponsorship Program Options

Are you an aspiring trader looking to take your skills to the next level? Look no further than Funded Trading Plus!

Funded Trading Plus provides different options for its sponsorship program, allowing you to choose the one that suits your trading style and goals best. Whether you prefer intraday trading or swing trading, there's a program tailored just for you.

What is Funded Trading Plus?

Funded Trading Plus is an exciting opportunity that allows you, as a trader, to access funding and take your trading skills to the next level. With Funded Trading Plus, you have the chance to trade with real money and keep a significant portion of the profits you make.

This program provides traders with the necessary capital to enter the market and start trading immediately. It's a great way to gain real-world experience without risking your own funds.

To ensure that traders are well-prepared for success, Funded Trading Plus also offers a comprehensive market review. This review equips you with valuable insights into market trends, analysis techniques, and risk management strategies.

By staying informed about current market conditions and understanding how they may impact your trades, you can make more informed decisions and maximize your profitability.

The market review provided by Funded Trading Plus is an invaluable resource that helps you stay ahead of the game.

Now Forex Prop Reviews will help you explore the various sponsorship program options available within Funded Trading Plus without wasting any time.

Sponsorship Program Options

Funded Trading Plus offers four different account funding programs to their clients:

Experienced Trader Program: This program is designed for experienced traders who have a proven track record in the financial markets. Traders in this program can benefit from increased funding and higher profit share percentages.

Advanced Trader Program: The Advanced Trader program is suitable for traders who have some experience in trading but may not have an extensive track record. Traders in this program can receive funding and have the opportunity to earn higher profit shares as they progress.

Talented Trader Program: The Talented Trader program is specifically designed for traders who demonstrate exceptional trading skills and potential. Traders in this program have the opportunity to receive significant funding and enjoy higher profit shares.

Master Trader Program: The Master Trader program is the highest-level program offered by Funded Trading Plus. It is designed for highly skilled and successful traders who have a proven ability to consistently generate profits in the financial markets. Traders in this program can receive substantial funding and benefit from the highest profit share percentages.

Each program has its own specific requirements and objectives, allowing traders to choose the program that best suits their skills and trading goals.

What makes Funded Trading Plus different from other support companies?

Funded Trading Plus stands out from most other funding companies due to its relaxed trading rules with almost no restrictions. For example, you can trade during news events and hold trades overnight, while algorithmic trading and EA bots are also allowed.

The only limitations you should focus on are daily and overall loss limits, and maximum drawdowns on weekends (cryptocurrencies being an exception).

Compared to other funding companies, Funded Trading Plus allows you to choose from four different sponsorship programs: Novice, Advanced, Talent, and Master. It offers leverage of 10:1 and profit splits ranging from 80-90%.

In the 1-stage evaluation, the profit target is 10%, while you can only tolerate a maximum of 2.5% daily loss or 5% overall loss, which can be considered quite challenging.

In the 2-stage evaluation, the profit target is 10% for stage 1 and 5% for stage 2, similar to FTMO. The evaluation stages also have no minimum trading day requirements, allowing you to complete them in a shorter time compared to other funding companies. For example, My Forex Funds has a minimum of 5 trading days for their evaluation process, while FTMO has a minimum of 10 trading days for each stage.

The Talent program is a specific program with an evaluation stage where your goal is to execute 125 trades and achieve a win rate of at least 50% to qualify for funding. You are expected to trade with a risk-to-reward ratio of 1:2, and note that breakeven trades are not counted towards your overall win rate.

The final program is the Overall Trader program, also known as instant funding. This program has no evaluation stage and allows you to start earning profits immediately. The required profit target to be achieved is 5% with no daily withdrawal rules, while you cannot exceed a 5% drawdown.

In summary, Funded Trading Plus offers funding for various strategies due to its comfortable trading rules with minimal restrictions. You should focus on achieving the profit targets while staying within the daily and overall withdrawal limits.

Which broker does Funded Trading Plus use?

Funded Trading Plus has integrated its technology with EightCap, a Melbourne-based broker regulated by ASIC. They were established in 2009 with a simple, clear mission to provide specialized financial services to their clients. They have five offices globally and regulations in multiple jurisdictions, offering clients worldwide the ability to trade in the FX market, indices, commodities, and stocks.

EightCap is considered a medium-risk broker, with an overall Trust Score of 73 out of 99. They have the following features:

• Forex trading
• CFD trading
• Cryptocurrency trading
• Social trading / Copy Trading
• A total of 326 tradable symbols
• A total of 45 forex pairs

They offer two types of accounts, one being the Raw Account and the other being the Standard Account. The commissions and fees will depend on which account type you choose. The fee structure for the Standard Account is built into a spread, while for the Raw Account, it is based on a commission. Another fee to consider is the overnight fee, which is the interest charged for holding an open position overnight.

As a MetaTrader-only broker, their offerings include MetaTrader 4 and the newer MetaTrader 5 platforms from MetaQuotes Software Corporation.

Conclusion

Funded trading plus is a fantastic opportunity for traders looking to take their skills to the next level. With its sponsorship program options, you can receive funding to trade with and keep a significant portion of your profits. Not only does this give you the chance to grow your trading account without risking your own capital, but it also provides a supportive community and resources to help you succeed.

Take advantage of this unique opportunity and start your journey toward financial freedom today!