Funded Trading Plus

What is Funded Trading Plus?

Funded Trading Plus is a Manchester, United Kingdom-based proprietary trading firm operating under the FTP brand since 2021, with the underlying education business tracing back to a UK trader-training project called Trade Room Plus founded in 2013. The firm runs simulated-capital evaluation programs (paid challenges that, on completion, unlock a simulated funded account with a profit share) rather than holding live client deposits. Ownership and operations are based in the UK rather than offshore, which is unusual in the prop-firm sector where SVG, Marshall Islands, and Seychelles registrations dominate.

Execution flows through two retail-broker partners: Eightcap (ASIC-licensed in Australia) for MetaTrader and cTrader feeds, and ThinkMarkets (FCA and ASIC licensed) for DXTrade and Match-Trader feeds. The firm reports 60,000+ traders served across 180 countries and over 19.5 million USD in cumulative payouts since 2021. The brand restructured its program lineup in February 2026 into three core products covered later in this review.

Is Funded Trading Plus regulated? Verification check

The firm holds no financial-services license. Proprietary trading firms in this format sit outside the perimeter of the FCA (UK Financial Conduct Authority), CySEC (Cyprus Securities and Exchange Commission), and ASIC (Australian Securities and Investments Commission) because they do not accept retail client deposits in the regulated-broker sense. Challenge fees fund a simulated account; no live customer money sits with FTP itself.

The practical consequence is that no compensation scheme applies: not the FSCS (UK, up to £85,000), not the ICF (Cyprus, up to €20,000), and not SIPC (US, up to 500,000 USD). The two partner brokers hold their own ASIC and FCA authorizations, and those licenses cover the partner-broker relationship with each respective entity, not the trader's contractual relationship with FTP. Traders weighing the firm should treat the regulator question separately from the operational track record.

Trading platforms

The firm supports five platforms across its two partner-broker stacks: MT4 (MetaTrader 4), MT5 (MetaTrader 5), cTrader, DXTrade, and Match-Trader. MetaTrader and cTrader run through Eightcap. DXTrade and Match-Trader run through ThinkMarkets. cTrader is the only platform on which expert advisors (EAs) and other automated strategies are permitted under FTP rules; the MetaTrader feeds at Eightcap allow indicator EAs but not full algorithmic execution under the firm's terms.

Platform availability also depends on residency. US residents are restricted to DXTrade and Match-Trader; the MetaTrader and cTrader feeds are not offered to them. Because EA use is gated to cTrader, US-based traders effectively cannot run automated strategies on FTP accounts. TradingView charting integration is available through the DXTrade interface.

Challenge programs and fees

The February 2026 restructure consolidated overlapping legacy programs into three core products: Instant Funding (no evaluation phase, smaller starting account), 1-Step Express (single-phase profit target with daily and overall drawdown limits), and 2-Step Classic (two-phase evaluation: profit target in phase one, verification in phase two). Program fees scale with simulated account size, from entry-tier accounts to six-figure simulated capital. The official site publishes the fee tables and rule sets for each tier.

Failed evaluations do not refund the program fee unless a separate reset add-on has been purchased before the breach. No live deposit beyond the one-off program fee is taken, and there is no recurring subscription charge on the standard evaluation tracks.

Tradeable instruments

Across the five platforms, the firm offers spot forex pairs (majors, minors, and most crosses), spot metals (gold, silver, platinum, palladium), energy CFDs (Contracts for Difference) on crude oil and natural gas, equity-index CFDs on the major US, European, and Asian benchmarks, and cryptocurrency CFDs on the larger-cap pairs. The instrument list mirrors what the partner broker exposes on the underlying platform; FTP does not add or restrict tickers beyond the partner-broker feed.

Profit splits and payout rules

The firm advertises profit splits up to 90% on funded accounts after the evaluation is passed. Payouts run on a weekly cadence once the minimum trading-days requirement is met for the relevant program. Withdrawal methods include bank transfer and selected cryptocurrencies. Cumulative payouts of 19.5 million USD across the trader base are reported by the firm on its homepage. Individual payout figures vary by program, account size, holding period, and compliance with the firm's risk-management rules (consistency rule, drawdown limits, news-trading windows).

Red flags and limits to know

Three structural caveats apply to every prop-firm relationship of this type, FTP included. First, the funded account is simulated capital, not a live brokerage account; the firm has no obligation to fill an order at the same liquidity a regulated broker would, and trade-history audits can flag fills the firm considers unrealistic. Second, payouts depend on the firm's continued solvency, and no investor compensation scheme stands behind that solvency. Third, rule changes (drawdown limits, news-trading bans, scaling-plan terms) can be applied with limited notice, which is standard across the prop-firm sector but worth noting before paying a challenge fee.

Regulator warning list check

On the scan date 2026-05-23, the firm did not appear on the FCA Warning List, the ASIC banned and disqualified persons register, the CySEC investor warnings page, or IOSCO's I-SCAN alert database. No public enforcement action by a Tier-1 regulator against the FTP brand was located. Absence of a warning is not the same as holding an active license; it confirms only that no public regulator has flagged the firm to date.

What user reviews say

User-aggregate rating sits at 4.7/5 from over 2,400 reviews (scan date 2026-05-23), among the highest in the prop-firm sector. Recurring positive themes are fast weekly payouts, responsive live-chat support, and the breadth of platform options. Recurring negative themes are evaluation-rule strictness on news-trading windows, consistency-rule disputes at payout time, and confusion around the rule changes that accompanied the February 2026 program restructure.

How to verify the firm for yourself

Three independent checks confirm the entity behind the brand:

1. Open Companies House at find-and-update.company-information.service.gov.uk and search the UK registered entity disclosed on the firm's terms-and-conditions page.
2. Confirm the partner brokers by searching Eightcap on ASIC Connect (asic.gov.au) and ThinkMarkets on the FCA Register (register.fca.org.uk).
3. Cross-check the FCA Warning List, ASIC banned register, and CySEC warnings page by entering the FTP brand name into each register's search field.

Where the firm actually operates

The registered contact address disclosed on the firm's site sits in Manchester, United Kingdom; the published phone number is a UK +44 line. Operating staff and management are UK-based rather than offshore, separating FTP from the segment of the prop-firm sector that registers in St. Vincent and the Grenadines, the Marshall Islands, or the Seychelles. The UK base does not produce regulatory protection (prop firms are not within the FCA perimeter), but it does anchor the entity inside a Tier-1 legal jurisdiction for contract-enforcement purposes.

Should you join Funded Trading Plus? Honest assessment

Three findings drive the decision. The firm is unregulated as a financial-services provider, in line with the entire prop-firm sector, and no Tier-1 regulator has issued a public warning against it on the scan date. Platform breadth is unusually wide for the category (five platforms via two licensed partner brokers, Eightcap and ThinkMarkets). User-aggregate sentiment runs 4.7/5 across 2,400+ reviews, which sits in the upper band of the sector.

For a trader seeking regulated-broker oversight with deposit-protection schemes, the prop-firm format is structurally the wrong product. For a trader specifically seeking a UK-based simulated-capital evaluation route with a documented operational track record and multi-platform access, FTP sits in the higher tier of its category on the data available at the scan date.

Forex and derivative products carry high leverage; some or all invested capital may be lost. Proprietary trading challenge fees are non-refundable on failed evaluations and are not protected by any investor compensation scheme. This content is for information only, not investment advice. Verify the firm's current status and the partner-broker licenses directly on the relevant regulator's official register before any decision.