In the world of financial markets, access to substantial capital can often be the most significant obstacle preventing traders from scaling their businesses. However, Funding Trading Plus offers a solution by providing talented traders with the opportunity to trade using the firm’s capital through their funded trader program. In this review, we delve into the details of Funding Trading Plus, its benefits, evaluation process, funding options, and what makes it stand out from other proprietary trading firms. Whether you’re an experienced trader or a newcomer looking for professional trading opportunities, this guide will provide you with all the essential information about Funding Trading Plus and how it could be the stepping stone to your trading career.
What is Funding Trading Plus?
Funding Trading Plus is a proprietary trading firm that offers aspiring traders the opportunity to trade with substantial capital by passing through a rigorous evaluation process. Unlike traditional trading, where individuals must invest their own money, Funding Trading Plus allows traders to use the firm’s capital, enabling them to take larger positions in the market and maximize their profit potential without risking personal funds. The firm offers a flexible trading environment, with various account sizes and profit-sharing models, making it a great option for traders at all levels.
How Funding Trading Plus Works
To participate in the funded trader program offered by Funding Trading Plus, traders must first complete an evaluation process. This process is designed to test a trader’s skills, consistency, and ability to manage risk while trading with the firm’s capital. The program is typically broken down into two main phases: the evaluation stage and the live funded account stage.
1. The Evaluation Process
The evaluation phase is where traders must demonstrate their ability to manage risk and generate profits in a simulated trading environment. During this phase, traders are provided with a demo account and must meet specific performance criteria, such as achieving a certain profit target while adhering to strict risk management rules. These rules often include daily loss limits, maximum drawdown limits, and overall profit targets.
The goal of the evaluation process is to ensure that traders are disciplined, strategic, and capable of trading at a professional level. Funding Trading Plus uses this phase to assess a trader’s risk management skills, consistency, and overall approach to trading.
2. The Funded Account Stage
Once a trader successfully completes the evaluation and meets all the necessary requirements, they are awarded a funded trading account with Funding Trading Plus. The firm provides the trader with real capital, which can be used to execute trades in live market conditions. Traders are then able to keep a portion of the profits they generate, typically through a profit-sharing arrangement.
The key benefit of this stage is that traders no longer need to risk their own capital. They can trade larger positions and take advantage of more significant market opportunities, all while maintaining control over their risk management.
Key Benefits of Funding Trading Plus
Traders who choose Funding Trading Plus gain access to several valuable advantages. These benefits set the firm apart from many other proprietary trading firms in the industry.
1. Trade with Firm Capital
One of the primary benefits of Funding Trading Plus is that traders can trade with the firm’s capital, removing the need to risk their own money. This allows traders to execute larger trades and take on more significant positions than they might have been able to with personal funds. By leveraging firm capital, traders can scale their profits more efficiently, all while avoiding the financial risks associated with trading their own money.
2. Profit Sharing Model
Another attractive aspect of Funding Trading Plus is its profit-sharing model. Traders who are awarded a funded account keep a portion of the profits they generate. The firm typically offers a competitive profit split, ensuring that traders are motivated to maximize their returns. Depending on the trader’s performance and account size, this profit-sharing arrangement can be quite lucrative, providing traders with a substantial income potential.
3. No Personal Financial Risk
Unlike retail trading, where traders must risk their own capital, Funding Trading Plus offers traders the opportunity to trade without the threat of personal financial loss. Once a trader successfully passes the evaluation and is granted a funded account, they are free to focus entirely on their trading strategy, risk management, and profitability without worrying about losing personal savings.
4. Flexible Trading Conditions
Funding Trading Plus provides its traders with flexibility in their trading activities. The firm allows traders to choose their trading style, whether they are day trading, swing trading, or scalping. Additionally, traders can access a wide range of markets, including forex, stocks, commodities, and futures. This flexibility gives traders the opportunity to use their own strategies and adapt to changing market conditions, all while trading with firm capital.
5. Educational Resources and Support
For traders looking to improve their skills and increase their chances of success, Funding Trading Plus offers a variety of educational resources. These include webinars, video tutorials, and market analysis tools. The firm also provides a dedicated support team to assist traders throughout the evaluation process and beyond. For both beginner and experienced traders, these resources are invaluable for improving trading strategies and staying ahead of market trends.
Evaluation Criteria: What You Need to Know
The evaluation process at Funding Trading Plus is designed to test a trader’s ability to perform under specific conditions. To pass the evaluation and move on to the live funded account stage, traders must meet certain performance criteria. Below are the main factors that traders should focus on during the evaluation process:
1. Profit Target
Traders must achieve a specific profit target during the evaluation phase. This target is designed to demonstrate a trader’s ability to generate consistent returns. The required profit target may vary depending on the account size and type, but traders must hit this target within the allotted time frame to pass the evaluation.
2. Risk Management Rules
Adherence to risk management rules is critical in the evaluation process. Traders must avoid exceeding the maximum drawdown and adhere to daily loss limits to pass the evaluation. These rules are in place to ensure that traders can manage risk effectively, even during periods of volatility or drawdowns.
3. Consistency and Strategy
Traders must demonstrate consistent performance throughout the evaluation period. This means avoiding large, unpredictable gains or losses and focusing on steady, reliable returns. Having a well-developed trading strategy is essential for meeting these criteria. Whether traders use technical analysis, fundamental analysis, or a combination of both, consistency is key to passing the evaluation.
4. Time Limit
The evaluation phase typically has a time limit, with traders required to complete the process within a set number of days (usually between 30 and 60 days). Traders must hit their profit target within this time frame, while also adhering to the risk management rules. The ability to manage time effectively and stay disciplined is crucial for success.
Is Funding Trading Plus Right for You?
If you are an experienced trader or someone looking to break into the world of professional trading, Funding Trading Plus offers a great opportunity to grow your career. The firm’s funded trader program provides a clear pathway to trading with substantial capital, all while reducing the financial risk that comes with traditional trading.
Here are a few questions to consider before deciding if Funding Trading Plus is the right choice for you:
- Are you able to follow strict risk management guidelines?
- Do you have a consistent trading strategy that can generate profits over time?
- Are you willing to commit to the evaluation process and follow through with the requirements?
If your answers are yes, Funding Trading Plus can be an excellent platform to help you take your trading to the next level. With competitive profit splits, a flexible trading environment, and a supportive educational framework, this program offers everything you need to succeed as a professional trader.
Conclusion
In summary, Funding Trading Plus is an outstanding option for traders who want to scale their trading business without risking their own capital. The firm’s structured evaluation process, combined with a profitable profit-sharing model and access to substantial trading capital, makes it an appealing choice for traders at all levels. With a focus on risk management, consistency, and education, Funding Trading Plus offers a comprehensive solution for those serious about becoming professional traders.
For more details on Funding Trading Plus and to begin your journey as a funded trader, visit their website here: Funding Trading Plus.