Have you ever dreamed of trading the markets with someone else's money? Funded Trading Plus, a UK-based prop firm that's been empowering traders since 2021 with its unique payout policy makes this a reality by offering traders access to accounts funded with up to $200,000 in capital. The catch? You need to pass an evaluation proving you can trade profitably.
Do so and Funded Trading Plus will give you a funded account where you keep up to 90% of the profits! With account balances ranging from $5,000 to $200,000, scalable up to a whopping $2,500,000, Funded Trading Plus offers a profit split of 70% for instant funding accounts and 80% for other accounts. But that's not all! Consistent trading can boost your profit split up to 90%, a testament to the firm's commitment to rewarding success.
This article will get into the ins and outs of the Funded Trading Plus payout structure, providing you with the knowledge you need to maximize your trading profits. So, whether you're a seasoned trader or just starting out, read on to discover how Funded Trading Plus could be your ticket to trading success.
Funded Trading Plus Overview
Funded Trading Plus, established in 2021, is a UK-based proprietary trading firm that empowers traders to become capitalized professionals.
The firm offers a unique simulated-live funded trading program, providing traders with account balances ranging from $5,000 up to $200,000, which can be scaled up to $2,500,000.
The firm offers a wide range of trading assets including Forex, Indices, Commodities, and Cryptocurrencies. The leverage provided depends on the asset being traded, with Forex and Commodities offering 1:30, Indices 1:20, and Cryptocurrencies 1:2.
Having an impressive Trustpilot score of 4.9/5.0, the firm is committed to transparency and maintains liquid fiat capital reserves far in excess of requirements. With a mission to empower traders worldwide, Funded Trading Plus is a partner in success, providing unwavering support to traders as they pursue their goals.
Funded Trading Plus Payout Structure
Understanding the payout structure is critical for traders to properly evaluate opportunities and maximize profits. Traders should analyze details like profit splits, withdrawal frequency/methods, and performance incentives when assessing prop firms.
Funded Trading Plus- Profit Split
Funded Trading Plus operates a profit split that starts at 70% for instant funding accounts and 80% for other accounts. This means that traders keep 70-80% of the profits they make, while the rest goes to the firm.
However, this profit split can increase to 90% once a trader has achieved a 20% profit on their account. This incentivizes consistent and profitable trading.
For top performers who demonstrate exceptional trading skills and consistency, the profit split can further increase to a 100% payout. This means that these top performers keep all of their profits, a testament to the firm's commitment to rewarding success.
Funded Trading Plus Withdrawal Details
Funded Trading Plus ensures a smooth and efficient withdrawal process for its traders. Traders can request withdrawals as often as desired once the $50 minimum profit target is reached.
The first withdrawal from a trader's account is processed within 24-48 hours. Subsequent withdrawals are typically processed within 24 hours.
It's important to note that withdrawals reduce your simulated account balance and do not count towards the balance required. You can withdraw from your account the same day you enter the FT+ Trader phase, and after this, you can withdraw every 7 days.
The firm offers a variety of withdrawal methods, including bank transfer, cryptocurrencies, Skrill, Neteller, and Wise, providing traders with flexibility and convenience when accessing their profits.
Funded Trading Plus Payout Details
Funded Trading Plus offers a dynamic payout structure and performance incentives to motivate and reward traders for their success.
Tiered performance incentive structure and simulated profit are the things that make it particularly special. While trading with Funded Trading Plus capital, the concept of simulated profit refers to the gains made before being eligible to withdraw real profits.
Funded Trading Plus maintains significant fiat reserves to ensure their ability to pay out simulated profits in real currency when traders request withdrawals. This provides assurances that traders will be able to access their earnings.
Guiding You Through the Payout Process
The payout process for Funded Trading Plus involves several steps and requirements:
Eligibility Requirements for Payout
Before you can receive a payout, you must meet certain eligibility requirements. You must place at least one simulated trade every 30 days, or your account may be suspended due to inactivity. You must also successfully complete all of the simulated trading objectives and prove your skills.
To become verified and eligible for a payout, you need to submit a government-issued ID, proof of address dated within the last 60 days, and a signed Funded Trader Agreement.
Process of Submitting an Invoice for Payout
The process of submitting an invoice for payout at Funded Trading Plus is straightforward and consists of 3 main steps:
Step 1: Once a trader is eligible for a payout, they need to submit an invoice to the company. This is done by sending an invoice request to the company's designated email address.
Step 2: The trader then completes the invoice and returns it to Funded Trading Plus for processing. The invoice should detail the amount to be paid out based on the trader's profits.
Step 3: Once the invoice is submitted and approved, the payout will be processed. The first withdrawal is typically processed within 24-48 hours, and subsequent withdrawals are usually processed within 24 hours.
However, factors such as investigations, failure to confirm the crypto payout address, and holidays may prevent the payout within the given time frames.
Programs and Their Payout Structures
The payout structures for the various trader programs at Funded Trading Plus are designed to reward traders based on their level of experience and success.
For all programs, after the first payout, traders are eligible to receive payouts every 7 calendar days, provided they exceed the initial account size. Additionally, Funded Trading Plus offers scaling plans that can double the account size for every 10% profit instantly, further incentivizing successful trading.
The Experienced Trader Program
The Advanced Trader Program
The Master Trader Program
Rules and Restrictions in Funded Trading Plus
Here are some of the key rules and regulations set by Funded Trading Plus:
- Rules Regarding Holding Positions Overnight: Funded Trading Plus does not allow holding positions overnight. This rule could limit some trading strategies that rely on potential gains from overnight market movements.
- Rules Regarding Trading the Same Markets at the Same Time on More Than One Account: Traders cannot trade the same markets at the same time on more than one account. This is likely to prevent over-leveraging risk.
- Maximum Account Size and Limit on the Number of Accounts a Trader Can Have: The maximum account size is $200,000, with the ability to scale up to $2,500,000 through the scaling plan as traders meet certain profit targets. There does not seem to be a stated limit on the number of accounts a trader can have.
- Verification: Traders must provide proof of ID and address for account verification before receiving payouts.
- Compliance: Traders must comply with all terms of use and the customer agreement to receive the profit split payouts. Failure to follow rules could result in account suspension.
Other key rules and regulations may apply around maximum drawdowns, profit targets, risk management, etc. Traders should thoroughly review the full terms and conditions on the Funded Trading Plus website.
FAQs Regarding Funded Trading Plus Payout
How often can I withdraw profits?
You can request withdrawals as often as desired once the $50 minimum profit target is reached.
What are the available withdrawal methods?
Methods include bank transfer, cryptocurrencies, Skrill, Neteller, and Wise.
How long does the first payout take?
The first payout takes 24-48 hours to be processed. Subsequent payouts typically take 24 hours to be processed.
What factors may delay payouts?
Weekends, holidays, investigations, and failure to confirm details like crypto wallet addresses can delay payouts.
Do I need to be verified before withdrawals?
Yes, you need to provide ID and address proof before receiving payouts.
How do I check payment proof from traders?
You can see trader payment proof and reviews on third-party sites like Trustpilot.
Wrapping Up on Funded Trading Plus
In conclusion, Funded Trading Plus offers a unique and innovative payout system that sets a new standard in the proprietary trading industry. With a commitment to speed and convenience, the firm allows traders to withdraw anything over $50 on Day 0, providing immediate access to profits and fostering an environment of financial freedom and flexibility.
The firm's weekly payout cycle and the ability to increase the profit split up to 90% with consistent trading performance further enhance the trading experience. The firm's commitment to supporting traders is reflected in its transparent and fast payout system, making it a driving force behind the success of traders worldwide.
Whether you're an experienced trader or just starting out, understanding the Funded Trading Plus Payout structure is crucial to maximizing your earnings and achieving your trading goals.
