Funded Trading Plus Review 2026

Last Updated: April 2026 MyPropGenius Rating: 4.2/5 Status: Active — Operating since 2021

Quick Facts

What Is Funded Trading Plus?

Funded Trading Plus (FTP) is a UK-based proprietary trading firm that evolved from Trade Room Plus, a trading education company active since 2013. This educational heritage distinguishes FTP from the majority of prop firms that launched purely as evaluation-fee businesses — FTP's founders were professional traders and educators long before they built their prop firm offering. CEO Simon Massey is publicly visible and personally responds to Trustpilot reviews, with Andrew Lockwood leading the firm's PropIQ trader education initiative.

The firm launched its prop trading division in 2021 and now serves 60,000+ active traders across 180 countries, with $19.5M+ paid to traders publicly reported. FTP operates through GooeyTrade as its technology infrastructure provider and works with regulated broker partners Eightcap (ASIC-regulated) and ThinkMarkets — a structurally cleaner setup than firms running entirely on white-label simulators.

In February 2026, FTP launched FT+ 2.0 — a comprehensive restructuring that simplified the previous lineup of overlapping programmes into three core products: Instant Funding (Master Trader), 1-Step Express (Experienced Trader), and 2-Step Classic. The change came after CEO Simon Massey stated the firm spent months analyzing five years of internal data and payout history to identify exactly where traders succeed. FTP also publicly reports a 1.74% withdrawal denial rate and maintains liquid capital reserves sufficient to cover all trader withdrawals at once — both transparency signals that few competitors match. The 4.2/5 MyPropGenius score reflects FTP's strong educational heritage, broker-backed structure, and transparency balanced against the premium pricing on instant funding accounts and the lack of MT4 support.

The Three Core Programmes (FT+ 2.0)

Following the February 2026 FT+ 2.0 restructuring, FTP simplified its lineup to three core programmes covering speed, structure, and instant funding. Earlier programmes (Advanced, Premium, Prestige variants) may still appear in third-party reviews — the current core lineup is what new traders should evaluate.

Master Trader (Instant Funding)

The Master account skips the evaluation entirely and provides immediate access to a funded account. No profit targets, no time limits, but the strictest risk controls across all FTP programmes. Both daily and maximum loss limits are set at 6% trailing drawdown — meaning the drawdown threshold moves up as your equity increases. This requires consistent risk management; aggressive position sizing can quickly lead to a breach even on profitable accounts.

Best for: Experienced traders confident in their execution who want to start withdrawing profits immediately rather than spending time in an evaluation phase. Account sizes $5,000 – $100,000 with fees up to $4,500 for the largest. News trading is restricted on Master; weekend holding is also restricted. Won "Best Instant Funding Prop Firm 2025" at the Funded Trading Awards.

1-Step Express (Experienced Trader)

FTP's most popular evaluation option. Single-phase challenge requiring 10% profit target within a 6% trailing maximum drawdown and 4% daily loss limit. No time limit. Minimum 3 trading days. Account sizes $12,500 – $200,000.

The 1-Step Express combines a straightforward single target with generous drawdown limits. The DRIVE add-on enhances this further with 10% maximum drawdown, 90% profit split, and 20% off the base fee — making it one of the better-value 1-step paths in the industry when configured.

Best for: Experienced traders who want fast funding without two-phase delay, paired with the option to upgrade to 90% split via the DRIVE add-on.

2-Step Classic (Advanced Trader)

The traditional two-phase evaluation. Phase 1 requires 8% profit; Phase 2 requires 4-5%. 4% daily drawdown, 8% maximum static drawdown (or up to 10% on Premium variant). No time limit. Minimum 3 trading days per phase. Account sizes $25,000 – $200,000.

The static drawdown on the Classic programme is a meaningful advantage. Unlike trailing drawdowns that move with peak equity, the static drawdown remains fixed at 8-10% below your initial balance. Early profits create genuine buffer rather than raising the floor beneath you. Premium variant uses 10% static drawdown for maximum breathing room.

Best for: Conservative traders who prefer the safety of static drawdown and the structure of a two-phase progression. The 25% consistency rule on the funded stage is the trade-off — your single biggest day cannot exceed 25% of total profits at withdrawal time.

Prestige Pro (Static Drawdown 2-Step)

A newer addition that represents FTP's most generous static-drawdown configuration. Features 10% and 5% profit targets with 5% daily and 10% overall static drawdown. Payouts are flexible: 65% every 7 days or 80% every 14 days, letting traders choose between faster access or higher splits. Best if you want static drawdown with higher risk tolerance and flexible withdrawal scheduling.

Profit Splits, Payouts & Customisable Cycles

Profit split structure. FTP's profit split starts at 80% default and can be upgraded to 85%, 90%, or eventually 100% via add-ons or sustained scaling performance. The DRIVE add-on on 1-Step Express provides 90% from day one. Reaching 100% requires sustained performance through scaling milestones — making FTP one of the few firms where traders can eventually keep every penny they earn.

The customisable payout cycle. Rather than locking traders into a fixed weekly withdrawal schedule, FTP allows customisable payout cycles: 3-day, 5-day, 7-day, or 14-day options, depending on the option selected at checkout. This is unique in the prop firm space — most competitors offer a single fixed cadence.

Minimum withdrawal: $50. The lowest minimum in the industry. Combined with the on-demand first payout (no minimum trading days required between withdrawals), FTP's payout system is among the most accessible in the category.

Payout reliability. FTP publishes a 1.74% withdrawal denial rate — meaning approximately 98.26% of payout requests are successfully processed. The firm states it maintains liquid capital reserves sufficient to cover all trader withdrawals at once. The 4.4/5 Trustpilot score with minimal payout-related complaints corroborates the documented reliability.

Payment methods. Visa or MasterCard for challenge fees and cryptocurrency for both fees and withdrawals. Bank transfer is available on payouts. Crypto is the typical choice for both speed and lower fee economics.

Withdrawal eligibility. Account balance must be at least $50 above starting balance, and the account must be flat (no open trades) at the time of request. There's no specific profit target threshold — any positive profit above $50 can be withdrawn.

Scaling Plan. Account equity increases by 25% every time a 10% profit target is met, scaling up to a $2.5M ceiling. Drawdown percentages remain unchanged across scaling tiers. Some marketing references cite scaling up to $5M; verify the current ceiling on FTP's site before committing.

Fee refund policy. Evaluation fees are 100% refundable with the first successful funded payout on the 1-Step Express and 2-Step Classic programmes. Instant Funding (Master) fees are not refundable.

Drawdown Rules — Static and Trailing Across Programmes

FTP's drawdown rules vary significantly by programme. The static-vs-trailing distinction matters more than at most prop firms because FTP offers both models across its core lineup.

1-Step Express (Experienced): 6% trailing maximum drawdown, 4% daily loss limit. Trailing follows peak equity. The DRIVE add-on can extend the maximum drawdown to 10% with 90% split and 20% off — a meaningful upgrade for traders willing to pay the configuration cost.

2-Step Classic (Advanced): 8% static maximum drawdown, 4% daily loss limit. Static drawdown is calculated on initial balance and does not trail. On a $100K account, the stop-out is locked at $92K regardless of how much profit you make. Early profits create genuine buffer.

Premium 2-Phase variant: 10% static maximum drawdown, 4% daily — the most forgiving FTP configuration during evaluation.

Master Trader (Instant Funding): 6% daily AND 6% maximum overall — both trailing. The drawdown threshold moves up as equity increases. This is FTP's strictest configuration; aggressive position sizing on a profitable account can quickly trigger a breach as the trailing floor catches up.

Prestige Pro: 5% daily, 10% static maximum drawdown. The most generous static-drawdown setup in the lineup.

Smart Drawdown on Instant Funding. On Master/Instant Funding accounts, the drawdown "locks" once your account reaches a certain profit threshold, converting from trailing to static. This protects accumulated profits by preventing the drawdown floor from retreating. Documented in FTP's help center but worth confirming the specific lock threshold for your chosen programme.

No profit targets on funded accounts. Once funded across all programmes, there are no mandatory profit targets. You simply need to maintain your account above the drawdown limits. The $50 minimum withdrawal is the only earnings threshold.

Trading Rules & The PropIQ Education Layer

FTP's rule set is among the more permissive in the prop firm industry, with a clear focus on transparent, easy-to-understand restrictions.

News trading. Allowed on 1-Step Express, 2-Step Classic, and Prestige Pro. Not permitted on Master Trader / Instant Funding.

Weekend and overnight holding. Permitted on Experienced (1-Step) and Premium variants. Not allowed on Advanced (2-Step Classic) or Master Trader / Instant, where all positions must be closed by Friday at 4:30 PM EST. The system auto-closes positions after the cutoff.

Scalping. Allowed with no minimum hold time across all programmes.

EAs and algorithmic trading. Allowed across all programmes. FTP doesn't restrict automation as long as the strategy isn't designed to exploit the simulated environment.

Hedging. Permitted within the same account. Cross-account hedging is prohibited — holding opposite positions across multiple owned accounts is treated as cheating.

Account-trading-pattern restrictions. Trading the same instrument in the same direction at the same time across multiple owned accounts is not allowed. This restriction parallels FTM's Sequential Trading rule but is enforced more leniently per Trustpilot patterns.

Maximum 2 active funded accounts per trader. Tighter than competitors that allow 5-20 concurrent accounts. The trade-off is simpler account management with less stacking complexity.

Prohibited strategies. Hedging across accounts, arbitrage, grid trading, and copy trading from third parties are all prohibited. Copy trading between your own FTP accounts is allowed but subject to the same-instrument-same-direction restriction.

Inactivity policy. 30 days without simulated trading activity = account expiration due to inactivity.

Educational integration. FTP's PropIQ initiative led by Andrew Lockwood provides data-driven webinars, 1-on-1 mentorship, live masterclasses, and YouTube content. Multiple Trustpilot reviews specifically name Lockwood's mentorship as a turning point in their trading. This education layer is a direct extension of the firm's Trade Room Plus origins — Simon Massey and the founding team ran a live trading room for 12 years before launching the prop firm.

Discord community. 48,900+ members, with active staff participation creating a structurally engaged community rather than purely a support channel.

Country availability. Available in 165+ countries. Not available in jurisdictions subject to international sanctions or specific AML/CFT compliance restrictions.

Trustpilot Sentiment: The Honest Picture

4.4–4.5/5 from 2,500–2,650+ Trustpilot reviews across the most recent verification windows. Some sources cite higher scores (4.6–4.7) from earlier review periods. The score has consolidated in the 4.4–4.5 range as the firm scaled. Notably, a high proportion of reviews are 5-star (90%+) and the firm has minimal payout-related complaints relative to peer firms.

What positive reviews praise:

• Customer service quality — frequently described as outstanding, helpful, and professional, with named individual responders
• Payout reliability — fast, smooth withdrawals via direct bank transfer or crypto
• Trader-friendly rules — reviewers appreciate the lack of hidden restrictions compared to other firms
• Andrew Lockwood's mentorship — multiple traders specifically cite his coaching as a turning point
• Easy setup — buying accounts and starting trading is reported as straightforward
• Customisable payout cycles (3-day, 5-day, 7-day, 14-day options)
• $50 minimum withdrawal — the lowest in the industry
• 1.74% withdrawal denial rate transparency — published as a trust signal
• Static drawdown option on 2-Step Classic — significant for traders who hate trailing models
• CEO Simon Massey personally responds to negative reviews on Trustpilot

What negative reviews complain about:

• Premium pricing on instant funding accounts (up to $4,500)
• Lack of published spread data — opaque trading cost structure relative to broker-backed firms with raw spread disclosure
• DXtrade platform performance issues occasionally reported during peak periods
• Some traders dispute payout denials (though the published 1.74% rate suggests these are outliers)
• Master Trader's 6% trailing daily AND overall drawdown is the strictest configuration; some traders breach without realising the trailing tightness
• 30-day inactivity rule expires accounts — friction for low-frequency strategies
• No MT4 support (MT4 traders must learn MT5 or pick another firm)

The honest read: FTP's reputation is structurally clean. The firm's transparency signals (publishing the 1.74% denial rate, CEO direct engagement, capital reserves disclosure) are unusual for the industry and meaningful trust indicators. The premium pricing and lack of MT4 are real friction points but not deal-breakers for traders prioritising rule clarity and educational depth.

How Funded Trading Plus Stacks Up Against Competitors

Where FTP wins: Customisable payout cycles (3, 5, 7, 14-day options), $50 minimum withdrawal (lowest in industry), broker-backed via Eightcap (ASIC) and ThinkMarkets, published 1.74% denial rate transparency, capital reserves disclosure, named CEO with direct Trustpilot engagement, PropIQ educational layer with Andrew Lockwood mentorship, and the static drawdown option on 2-Step Classic.

Where FTP loses: Premium pricing on Instant Funding (up to $4,500), no MT4 support, no published spread data, smaller documented payout volume than FTMO/FundedNext, only 2 active funded accounts allowed (vs 5+ at competitors), and the Master Trader's 6%/6% trailing drawdown is among the strictest instant funding configurations.

Pros

• Educational heritage from Trade Room Plus (since 2013) — built by traders who ran a live trading room for 12 years before launching the prop firm
• Published 1.74% withdrawal denial rate — transparency signal that few competitors match
• Capital reserves sufficient to cover all trader withdrawals at once (publicly stated)
• Customisable payout cycles: 3-day, 5-day, 7-day, or 14-day options
• $50 minimum withdrawal — the lowest in the industry
• Broker-backed via Eightcap (ASIC-regulated) and ThinkMarkets
• FT+ 2.0 simplification (Feb 2026) reduced overlapping programmes to 3 clear core products
• Static drawdown option on 2-Step Classic — significant advantage for traders who hate trailing models
• PropIQ education with Andrew Lockwood mentorship — multiple Trustpilot reviews cite as a turning point
• CEO Simon Massey publicly visible and personally responds to Trustpilot reviews
• $2.5M scaling cap with 25% increases per 10% profit milestone
• 100% profit split achievable through sustained scaling performance
• Won Best Instant Funding Prop Firm 2025 at the Funded Trading Awards
• Fee refunds on 1-Step Express and 2-Step Classic with first funded payout
• Discord community of 48,900+ members with active staff participation

Cons

• Premium pricing on Instant Funding — up to $4,500 for the largest Master account
• No MT4 support — MT4 traders must learn MT5, cTrader, TradingView, Match-Trader, or DXtrade
• No published spread data — trading cost transparency is below the standard set by broker-backed firms with raw spread disclosure
• Master Trader's 6%/6% trailing drawdown is among the strictest instant funding configurations in the industry
• News trading restricted on Master Trader
• Weekend holding restricted on Advanced (2-Step) and Master accounts
• Maximum 2 active funded accounts — limits stacking flexibility (vs 5+ at Topstep, 20 at Apex)
• 30-day inactivity rule expires accounts — friction for very low-frequency strategies
• Smaller documented payout volume than FTMO/FundedNext — $19.5M vs $200M+/$261M+
• Leverage capped at 1:30 on evaluation accounts (lower than typical CFD competitor)
• Operates without formal FCA regulation (standard prop firm characteristic but worth noting)
• Premium add-on configurations increase the all-in cost beyond headline pricing

Who Should Use Funded Trading Plus?

FTP is the right pick for traders who value transparency, educational depth, and rule clarity over maximum split economics. Specifically:

• Traders who specifically want a static drawdown on a 2-Step evaluation — the 2-Step Classic offers this where most competitors moved to trailing
• US-based traders — FTP supports US clients (one of fewer than expected major prop firms with clean US support)
• Traders who value educational mentorship — Andrew Lockwood's PropIQ programme is a genuine differentiator
• Traders who prefer customisable payout cycles — the 3-day, 5-day, 7-day, 14-day options are unique in the industry
• Traders aiming for 100% eventual profit split via sustained scaling milestones
• Traders who value transparent operating signals — the published 1.74% denial rate, capital reserves disclosure, and direct CEO engagement on Trustpilot are unusual for the industry
• Traders building toward $2.5M scaled capital via 10% milestones
• Traders who appreciate broker-backed structure — Eightcap (ASIC) and ThinkMarkets partnership
• Traders making frequent small withdrawals — the $50 minimum is meaningfully accessible

Who Should Avoid Funded Trading Plus?

FTP is the wrong pick for MT4 traders, those running aggressive instant funding strategies, or traders prioritising lowest entry pricing. Specifically:

• MT4 traders — FTP doesn't support MT4; you must learn MT5, cTrader, TradingView, Match-Trader, or DXtrade
• Traders wanting maximum capital ceiling — $2.5M scaling cap is below FundedNext's $4M and FXIFY's $4M
• Traders who want the highest day-one profit split — FundedNext's 95% (with add-on) or FXIFY's 90% (with add-on) beat FTP's 80% default
• Aggressive instant funding traders — Master Trader's 6%/6% trailing drawdown is among the strictest in the category
• Traders wanting many concurrent funded accounts — FTP's 2-account cap is restrictive vs Topstep's 5 or Apex's 20
• News scalpers using Instant Funding — news trading is restricted on Master
• Swing traders on the Advanced 2-Step — weekend holding is restricted on this specific programme (use Experienced or Premium variants)
• Traders who require published spread data for cost analysis — FTP doesn't disclose spreads
• Very low-frequency traders — the 30-day inactivity rule is tighter than competitors with 60-90 day windows

Frequently Asked Questions

Is Funded Trading Plus legit? Yes. FTP operates under FTP London Ltd (UK), partners with regulated brokers Eightcap (ASIC) and ThinkMarkets, has documented $19.5M+ paid to 60,000+ traders across 180 countries, publishes a 1.74% withdrawal denial rate, and maintains liquid capital reserves sufficient to cover all trader withdrawals at once. The 4.4–4.5/5 Trustpilot from 2,500+ reviews reflects genuine trader satisfaction with minimal payout disputes.

What changed in FT+ 2.0 (February 2026)? FTP simplified its previously overlapping programme lineup into three core products: Master Trader (Instant Funding), 1-Step Express (Experienced Trader), and 2-Step Classic (Advanced Trader). CEO Simon Massey stated the firm spent months analyzing five years of internal data to identify exactly where traders succeed. Earlier programmes (Advanced, Premium, Prestige variants) may still appear in older third-party reviews.

What's the catch with Master Trader (Instant Funding)? Master is FTP's strictest configuration. Both daily and maximum loss limits are set at 6% trailing drawdown — meaning the floor moves up as your equity increases. Aggressive position sizing on a profitable account can quickly trigger a breach as the trailing tightness catches up. News trading and weekend holding are also restricted. The premium fee (up to $4,500 for the largest account) is the trade-off for skipping evaluation.

Can I really reach 100% profit split? Yes, through sustained performance via scaling milestones. The default split is 80%, with upgrades to 85%, 90%, and eventually 100% available through a combination of paid add-ons (DRIVE on 1-Step Express provides 90% from day one) and progressive milestones. Reaching 100% requires consistent funded performance — making FTP one of the few firms where this is genuinely achievable.

How fast are FTP payouts? On-demand on most programmes — close one winning trade and request the payout. Subsequent payouts are on customisable cycles: 3-day, 5-day, 7-day, or 14-day options selected at checkout. Minimum withdrawal $50 (the lowest in the industry). Documented 1.74% denial rate means approximately 98.26% of payout requests succeed.

How does FTP compare to FTMO? FTMO offers a longer track record (a decade vs FTP's 5 years), much higher Trustpilot review volume (41K+ vs 2.5K+), and significantly more documented payout volume ($200M+ vs $19.5M+). FTP offers customisable payout cycles, $50 minimum withdrawal, broker backing via Eightcap and ThinkMarkets, the 1.74% denial rate transparency, and the PropIQ educational layer. Choose FTMO for proven longevity; choose FTP for transparency, education, and customisable payout flexibility.

Are FTP fees refundable? Yes on the 1-Step Express and 2-Step Classic programmes — fees are 100% refundable with the first successful funded payout. Master Trader (Instant Funding) fees are not refundable.

Why no MT4? FTP supports MT5, cTrader, TradingView, Match-Trader, and DXtrade — but not MT4. The absence is a deliberate platform-modernization choice rather than a technical limitation. MT4 traders must learn one of the supported platforms or look elsewhere.

Can I hold multiple funded accounts? Yes, up to 2 active funded accounts per trader. This is tighter than competitors that allow 5-20 concurrent accounts. Trading the same instrument in the same direction simultaneously across accounts is prohibited; holding opposite positions across accounts is treated as cheating.

Final Verdict

Funded Trading Plus is the prop firm to choose if you value transparency and educational depth over maximum-split headline economics. The 12-year educational heritage from Trade Room Plus, the publicly disclosed 1.74% withdrawal denial rate, the capital reserves transparency, the customisable payout cycles, and the $50 minimum withdrawal are all genuine differentiators that competitors with louder marketing don't match. The CEO publicly responding to Trustpilot reviews is a small signal that, in aggregate with the others, builds a structurally credible operational profile.

The honest concessions are pricing and platform restrictions. Instant Funding at up to $4,500 is premium relative to competitors offering similar instant access at lower fees. The absence of MT4 support is a platform decision that locks out MT4-only traders. The Master Trader's 6%/6% trailing drawdown is among the strictest instant funding configurations in the industry — read the rules carefully if you're skipping evaluation. The $19.5M+ documented payout volume is real but smaller than FTMO ($200M+) or FundedNext ($261M+), reflecting FTP's smaller scale.

Bottom line: Funded Trading Plus is the right pick for traders who value rule clarity, educational mentorship, transparency signals, and customisable payout flexibility over operating-history depth or maximum split economics. The 4.2/5 MyPropGenius score reflects honestly: a structurally credible firm with the strongest educational heritage in the category and unusually transparent operational disclosures, balanced against the premium pricing and the platform restrictions. If you trade clean, value Andrew Lockwood's mentorship layer, and want the customisable payout cycles plus $50 minimum withdrawal, FTP is one of the most well-rounded picks in the 2021–2023 generation of prop firms.

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