Funded Trading Plus is a relatively new proprietary trading firm that has set an ambitious goal of becoming the best prop firm in the industry in 2024.Â
With a focus on delivering fair trading programs, excellent customer service, and a continuous improvement approach, Funded Trading Plus has already garnered positive reviews from traders.
This review will analyse Funded Trading Plus from various customer perspectives, including rules, trading platforms, execution, customer support, and overall trader experience as submitted by users of the platform.Â
Funded Trading Customer Reviews
If you get sent one of our surveys, please take your time, we really appreciate the work you will put into doing your Funded Trading Plus review. Every customer gets sent a Customer Service Survey after they have started the program and have had an opportunity to judge our service to date.
Customer surveys can normally expect to get responses from only a small percentage of customers. The number of responses we’ve had since our launch on December 16th 2021 are therefore very good and encouraging.
Customer Reviews Of Rules & Account Details
Based on the customer reviews, Funded Trading Plus has fair and trader-friendly rules.
Some key points:
- No time limit to reach the profit target, allowing traders to wait for their preferred setups.
- Generous daily drawdown limit, with flexibility to hold trades over weekends.
- Weekly withdrawal option once funded, which is appreciated by traders.
The rules compare favourably to other prop firms like FTMO, where traders often face stricter time limits and drawdown constraints but customers think that visuals showing account details like profit targets, drawdown limits, etc., would be helpful.Â
Further reading:Â What is the best forex prop trading firm?Â
Funded Trading Plus offers trading on the cTrader platform, which seems to have tight spreads and good execution, according to customer feedback.
Some traders mentioned they would prefer to have MetaTrader platforms as well.
While execution seems satisfactory, there were a few comments about issues like requotes on crypto markets. Overall, the trading conditions appear competitive compared to other prop firms.
The useful tools available are also helpful. Examples include the forex drawdown calculator  guides for beginners and the platform demo options.Â
Funded Trading Plus Customer Support
This is an area where Funded Trading Plus seems to excel according to customers. Multiple customers praised the responsiveness and quality of customer support, with quick response times even on weekends. Having direct access to the founders/team members was appreciated.
Good customer support is crucial for traders, especially those new to funded trading programs.Â
Pros & Cons Of FTP:
Pros:
- Fair and flexible trading rules without strict time limits
- Tight spreads and competitive trading conditions
- Excellent, responsive customer support
- No obligation to report earnings to tax authorities
- Multiple evaluation accounts allowed
Cons:
- Currently limited to the cTrader platform (MT4/5 not offered yet)
- Some issues with execution on certain markets like crypto
- Relatively new firm without a long-term track record
Overall Rating and Recommendation
Based on the customer reviews received and analysis, Funded Trading Plus seems to be delivering excellent customer service with fair rules, and competitive trading conditions, making it a compelling option for traders seeking a funded trading opportunity.
While the firm is still relatively new and has room for improvement in areas like platform choice and execution on certain markets, its trader-centric approach and commitment to continuous enhancement are positive signs.
For traders willing to overlook the lack of a long-term track record, Funded Trading Plus is definitely worth considering, especially if you value transparent rules, responsive support, and a stress-free environment to reach the profit target.
Funded Trading Plus Review By Users
First Publish Date: 03/01/2022
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