With the exclusive Funded Trading Plus Coupon Code: MODEST, you can now secure a 10% discount on their premier trading education and funding programs. This limited-time offer grants you access to Funded Trading Plus’s resources and services at a special reduced price.
As an aspiring trader, you understand the importance of gaining the right knowledge and skills to trade confidently and profitably. Funded Trading Plus provides the ideal environment to hone your craft through interactive courses and personal coaching. Their funding programs also allow traders to put their learning into practice by trading live markets with the platform’s capital.
This exclusive offer is only available for a limited time, so don’t let it pass you by. Take the next step in your trading journey with Funded Trading Plus and enjoy premium services at an affordable price. Enter the coupon code MODEST at checkout and make your trading dreams a reality. Here is a detailed Funded Trading Plus review.
What is Funded Trading Plus?
So, what exactly is Funded Trading Plus? This innovative prop firm provides funded trading accounts for experienced traders looking to take their skills to the next level.
Funded Trading Plus grew from Trade Room Plus, a popular live trade room. The team behind it aimed to create a platform that allows skilled traders to access funding and profit sharing typically reserved for professionals.
By completing evaluation programs with set profit targets, traders can display their abilities and earn a funded account. Funded traders then receive a generous split of the profits. These programs accommodate traders of all skill levels but especially support the journey of expert traders.
The Funded Trading Plus platform offers cutting-edge trading tools and software to help funded traders achieve their full potential. Their rules are designed to teach solid risk management techniques that serve traders well beyond their time at Funded Trading Plus.
Whether you’re an experienced trader looking for a big break or hoping to take your skills to new heights, Funded Trading Plus provides an innovative environment where you can thrive. Use our exclusive coupon code ‘MODEST’ for 10% off, and start your funded trading journey today!
How Does Funded Trading Plus work?
Getting started with Funded Trading Plus is straightforward. You sign up for an evaluation account based on your chosen account size. The evaluation includes two phases: assessment and funding.
Assessment Phase
In the assessment phase, you must reach a profit goal without exceeding daily or maximum drawdown limits. Funded Trading Plus has no limited time to reach your trading goals at your own pace.
You get a funded account to trade real capital if you complete the assessment. The funded account has the same rules as the assessment phase and a generous profit share. You also get an account dashboard to manage your account and track progress.
Funded Phase
When your evaluation-funded account is approved, you can begin trading with real money and keep a large portion of the profits. Funded Trading Plus allows traders to earn a living from trading without needing a large amount of risk capital to get started. The firm’s mission is to provide funding for traders looking to become professional traders.
Funded Trading Plus is a good opportunity for new traders to gain experience without risking their capital. The evaluation process allows you to prove yourself and trade with the firm’s money.
If you follow the rules and are profitable, you can build your account over time through the profit-sharing model. The potential to turn trading into a career makes Funded Trading Plus an attractive program for ambitious new traders.
What Are The Different Funded Trading Plus Account Options
Funded Trading Plus offers three main account options for funded traders:
Experienced Trader Program
This program is perfect for traders with a solid amount of experience under their belt. Higher maximum drawdown limit, giving you more flexibility in your Trading. The evaluation period is to prove your skills before receiving funding.
- Evaluation Type: Single Phase
- Profit Split: 80/20, with the potential to go up to 90/10
- Profit Target: 10%
- Drawdown: Relative Drawdown is 6% and Daily daily drawdown is 3%
- Trading Platform: MT4 or MT5
- Account Size: Ranges from $12,500 to $200,000
- Refundable Fee: Starts at $119 and goes up to $999 depending on the account size
- Minimum Trading Days: None
Advanced Trader Program
Even higher maximum drawdown limit for those wanting maximum flexibility. It also includes an evaluation period.
- Evaluation Type: Two Phases
- Profit Split: 80/20, with the possibility to increase to 90/10
- Profit Target: 10% for Phase 1 and 5% for Phase 2
- Drawdown: Relative Drawdown is 10%, Daily Drawdown is 5%
- Trading Platform: MT4 or MT5
- Account Size: Varies from $25,000 to $200,000
- Refundable Fee: Starts from $199 and increases to $999 depending on account size
- Minimum Trading Days: None
Master Trader Program
The master trader program provides instant funding, skipping the evaluation phase. It is best for veteran, successful traders looking to increase their trading capital quickly.
- Evaluation Type: Instant Funding (No Evaluation)
- Profit Split: 70/30, with the potential to rise to 90/10
- Drawdown: Relative Drawdown is 5% of the starting balance
- Trading Platform: MT4 or MT5
- Account Size: Ranges from $5,000 to $100,000
- One-Time Fee: Ranges from $225 to $4,500 based on the chosen account size
- Minimum Trading Days: None
No matter your experience level, Funded Trading Plus has an account option to match your needs. Their funded trading programs allow traders to earn a percentage of their profits, with the potential for high returns.
Who is Funded Trading Plus Best For?
Funded Trading Plus is ideal for certain types of traders. If you fall into any of the following categories, this firm may be a great fit for your needs:
- Experienced Traders: The firm’s Advanced Trader Programs and generous profit splits make it an attractive choice for experienced traders.
- Day Traders: The services of Funded Trading Plus are geared towards individuals who prefer day trading. With the generous profit splits and the chance to trade using the firm’s capital, this opportunity is perfect for short-term traders.
- Traders Seeking Flexibility: Funded Trading Plus accepts a wide range of trading strategies, providing flexibility for traders. Whether you prefer swing trading, scalping, or another approach, this firm will allow you to trade how you want. They don’t place unnecessary restrictions on trading styles.
What are The Advantages of Funded Trading Plus?
Funded Trading Plus offers attractive advantages for traders looking to access capital and turn their strategies into profits. These benefits are based on online Funded Trading Plus reviews from the prop firm’s legitimate users.
Flexibility
Funded Trading Plus provides programs for traders of all experience levels. Whether you’re just starting or have been trading for years, they have an account size and profit split to suit your needs.
No Time Restrictions
Unlike some prop firms, Funded Trading Plus gives you unlimited time to achieve your profit targets during the assessment phase. No worrying about strict cut-off dates – you can trade at your own pace.
Wide Range of Trading Strategies Accepted
Funded Trading Plus accepts a variety of trading strategies, so you have flexibility in how you reach your profit goals. They support automated and discretionary traders across forex, futures, stocks, and options if you stay within their risk parameters.
Excellent Customer Service
Funded Trading Plus receives high praise for its customer service. Simon Massey, in particular, is frequently commended for being extremely helpful and quick to respond to any questions or concerns. For any trader, having a support system can make a big difference.
What are The Disadvantages of Funded Trading Plus?
While Funded Trading Plus offers many benefits for new traders, there are a few potential downsides to be aware of.
Maximum Drawdown Limit
The firm imposes a maximum drawdown limit, which could pose challenges for traders with riskier trading strategies. If your trading strategy incurs significant losses, you could hit the maximum drawdown limit, resulting in your account being closed. This policy is in place to protect the firm’s capital, but it may not suit traders with an appetite for more risk.
No Overnight Trading
Funded Trading Plus does not allow holding positions overnight, which could limit some trading strategies like swing trading or investing. If you prefer longer-term Trading, this rule could be problematic. However, for short-term day traders, not holding positions overnight helps reduce risk.
Final Thoughts on Funded Trading Plus Review
With Funded Trading Plus, you can trade like a pro without the typical barriers to entry. Their platform provides you with the tools, education, and—most importantly—the capital to get started. Funded Trading Plus acknowledges trading talent knows no boundaries.
Their inclusive community creates a place where traders of all backgrounds can take control of their financial future. It’s a place where you can trade like the gurus of Wall Street, with substantial backing to fund your trades. The path to success may not always be straightforward, but Funded Trading Plus gives you the resources to navigate it confidently.
Trading isn’t easy, but it can be rewarding. With the right tools and support, you can achieve financial freedom. Funded Trading Plus provides a place for you to develop your skills, build confidence in your strategy, and trade with the backing of a funded account.
If you’re ready to start your journey, click here. Take advantage of our exclusive offer: Use the coupon code MODEST for a 10% discount on your next step with Funded Trading Plus. The opportunity is there—are you ready to trade? Click here to get started with Funded Trading Plus.
