Funded Trading Plus review 2026: Static 8% drawdown, 1-Step and 2-Step plans, scalable profit split up to 100%
Funded Trading Plus is a London, United Kingdom-based proprietary trading firm founded in 2021. Traders pass a 1-Step Express or 2-Step Classic evaluation with a 10% / 5% profit target and a 5% daily / 8% overall static drawdown, then receive a funded account with infrastructure provided by GooeyTrade. Pays out up to 100% of profits on a 10-day on-demand cycle with $19.5M+ in published trader payouts.
What is Funded Trading Plus?
Funded Trading Plus is a London-based proprietary trading firm founded in 2021. The operator runs three parallel evaluation tracks: 1-Step Express, 2-Step Classic, and Instant Funding. Account sizes ladder from $5,000 to $200,000, with challenge fees ranging from $119 to $4,500.
The legal entity behind the brand is Funded Trading Plus Ltd, registered with UK Companies House. The firm reports $19.5 million+ paid to over 60,000 traders across 180 countries as of 2026-05-26 (firm-published figure, scan date).
Where do Funded Trading Plus payouts actually come from?
The named sponsor broker on funded accounts is GooeyTrade, listed by the firm as a technology provider rather than a regulated broker-dealer. The firm's public materials state it is not authorised as a broker, investment firm, or financial services provider in any jurisdiction, which leaves sponsor verification status as sponsor undisclosed in the regulated-broker sense (source: firm profile, scan date 2026-05-26).
The standard payout schedule is biweekly, with a 10 calendar day minimum between requests on the 2-Step Classic plan. Total paid sits at $19.5 million+ across 60,000+ traders on the firm's published payouts counter. No regulator name or broker-license number is attached to the sponsor venue, so the order flow does not carry a broker-side regulatory trail.
Evaluation flow
The firm runs three independent paths to a funded simulated account, and the trader picks one at signup. None of the tracks impose a minimum number of trading days, and none have a time limit on completing the evaluation.
1-Step Express
A single phase with a 10 percent profit target inside the 5 percent daily and 8 percent overall risk envelope. Pass once and the funded stage opens at the same account size.
2-Step Classic
Phase 1 requires 10 percent profit. Phase 2 requires 5 percent profit. Both phases share the 5 percent daily and 8 percent overall drawdown limits. After Phase 2, the account moves to the funded stage.
Instant Funding
Skips the evaluation entirely. The challenge fee is higher and the profit split starts lower, with the same 5 percent / 8 percent risk envelope applied directly to the funded stage.
Challenge fees and account sizes
The challenge fee ladder spans $119 at the smallest tier to $4,500 at the top, depending on account size and program. Six account sizes are available: $5,000, $10,000, $25,000, $50,000, $100,000, and $200,000.
Fees on the 2-Step Classic plan sit lower than the 1-Step Express equivalents at the same account size because the firm absorbs less variance on a two-phase pass. Instant Funding fees sit highest because the simulator skips the evaluation buffer. Challenge fees are non-refundable outside the firm's specific refund triggers, and detailed refund policy terms were not disclosed in the public summary scanned for this review.
Drawdown rules
The drawdown rule is static, which means the loss limit anchors to the initial account balance and never trails up after profit. Daily drawdown caps at 5 percent of starting balance. Overall drawdown caps at 8 percent, also fixed to the initial deposit number.
Once a funded trader books profit, the drawdown floor does not climb behind the new equity, which keeps the buffer wider than under a trailing variant. News-trading and weekend-holding are permitted, so any news-spike repricing on overnight positions still counts against the same static envelope; that exposure does not get a separate ring-fence.
Profit split and payout schedule
The base profit split, or the percentage of profits the trader keeps after a successful withdrawal, starts at 80 percent on the funded stage. The split scales to 90 percent once the account grows by 20 percent from its starting balance, and reaches the headline 100 percent at 30 percent account growth.
Payouts run on a biweekly cycle. The 2-Step Classic plan imposes a 10 calendar day minimum gap between consecutive payout requests. Total disbursed sits at $19.5 million+ on the firm's published payouts page (scan date 2026-05-26).
Consistency rule and other constraints
The firm operates without a consistency rule, which is unusual in the current prop sector; single-day profit caps relative to total profit are not applied on either the evaluation or the funded stage. Expert Advisors (EAs, automated trading scripts) are permitted.
Copy trading, hedging across accounts, arbitrage, and grid trading are all prohibited. News-trading is allowed on the funded stage and weekend holds are allowed. Maximum leverage is 1:100 on forex. The rule landmine to watch is the static drawdown's interaction with allowed news exposure, since a single Sunday-open gap can still breach the 8 percent overall envelope.
Trading platforms
The firm publishes four platform options on its public materials: MT5 (MetaTrader 5), cTrader, DXtrade, and Match-Trader. MT4 is not offered, and TradeLocker is not in the lineup. US-based traders cannot access MT5 or cTrader through the firm, leaving DXtrade and Match-Trader as the only options for that jurisdiction.
Platform license status for MT5 reads as white label on the firm's profile, meaning the front-end MT5 server runs under a label held by a third party rather than under a direct MetaQuotes license to Funded Trading Plus Ltd. Current MetaQuotes sanction status against the underlying license operator should be verified against MetaQuotes notices on the date of any challenge purchase.
Red flags and warning signs
Three findings sit on the file and warrant disclosure here. First, the sponsor venue is GooeyTrade, described on the firm's profile as a technology provider rather than a named licensed broker, leaving execution status as sponsor undisclosed in the regulated-broker sense (source: firm profile, scan date 2026-05-26).
Second, the firm's own public materials state it is not authorised as a broker, investment firm, or financial services provider in any jurisdiction, which is consistent with prop-firm structure but rules out broker-style investor compensation. Third, no telephone contact is disclosed; support runs through email and the help portal only.
How to verify the firm's claims for yourself
Direct primary-source checks beat any third-party review.
- Pull Funded Trading Plus Ltd from the UK Companies House register and confirm the entity status, filing history, and registered address.
- Cross-check GooeyTrade against any broker-license register the firm cites at signup; a technology-provider listing without a broker license is not equivalent to a Tier-1 sponsor.
- Search MetaQuotes sanction notices for the firm and for the white-label MT5 operator behind the trading server.
- Read the firm's current rules page on the day of purchase for changes to drawdown, profit split, or news-trading policy.
- Verify the published payout counter against any individual proofs the firm posts, since the headline figure is firm-reported.
Sponsor broker disclosure (or lack of one)
The execution-venue layer is the single most important block to read on any prop firm review. The firm identifies GooeyTrade as the platform technology provider behind funded accounts, not as a Tier-1 regulated broker holding client orders.
No regulator name and no broker-license number is disclosed for the sponsor venue, leaving the regulator as not disclosed (source: firm profile, checked 2026-05-26). This pattern, technology-provider-as-sponsor with no named regulated entity behind it, is common across the post-2024 prop sector but means the order flow has no auditable broker-side regulatory trail.
| Feature | Funded Trading Plus Information |
|---|---|
| Founded | 2021 |
| Headquarters | London, United Kingdom |
| Evaluation type | Instant Funding, 1-Step Express, 2-Step Classic |
| Account sizes | $5K, $10K, $25K, $50K, $100K, $200K |
| Challenge fee | $119 to $4,500 |
| Profit target | 10 percent Phase 1 / 5 percent Phase 2 (2-Step Classic) |
| Max daily drawdown | 5 percent, static |
| Max overall drawdown | 8 percent, static |
| Profit split | 80 percent base, 90 percent at 20 percent growth, 100 percent at 30 percent growth |
| Payout schedule | Biweekly, 10 calendar day minimum gap on 2-Step Classic |
| Sponsor broker | GooeyTrade (technology provider, regulator not disclosed) |
| Sponsor verification | Sponsor undisclosed in the regulated-broker sense |
| Trading platforms | MT5, cTrader, DXtrade, Match-Trader (MT5 license: white label) |
| Total paid out | $19.5 million+ to 60,000+ traders (scan date 2026-05-26) |
| Refund policy | Not disclosed on the public summary scanned |
Funded Trading Plus verdict: rules, costs, and the catch
The program package offers a static drawdown, no time limit on the evaluation, no consistency rule, and a clean path to a 100 percent profit split at 30 percent account growth, which is generous on paper for an active prop firm. Allowed EAs, allowed news-trading, and allowed weekend holds widen the strategy lane further.
The trade-off sits at the execution layer. Sponsor venue GooeyTrade is a technology provider, not a Tier-1 regulated broker, and the firm itself publicly states it is not authorised as a broker, investment firm, or financial services provider. UK Companies House registration and a $19.5 million+ published payout total provide structural credibility on the corporate side. Buyers value the static drawdown and 100 percent split ceiling; the catch is that the prop-firm structure here carries no broker-style investor compensation backstop.
Prop firm challenges carry a non-refundable fee in most programs; passing the evaluation is not guaranteed and the funded stage is a simulated account whose payouts depend on the firm's continued solvency and policy. This content is for information only, not investment advice. Verify the firm's current rules, sponsor broker disclosure, and any open regulator actions on its official site and on the relevant authority's official register before paying any challenge fee.
FXSharp is an independent site that reviews forex brokers and prop trading firms. Every license is checked on the regulator's own register, every score follows our published methodology, and no broker can pay for a higher rating.
