PROP FIRM RULES
Funded Trading Plus RULES & LIMITS
Funded Trading Plus (FTP) is a UK-based proprietary trading firm offering funded accounts from $5,000 to $200,000. The two-phase evaluation uses strict balance-based drawdown rules and requires no minimum trading days, making it one of the most flexible evaluation structures in the industry. Traders receive 80% of profits and can scale to $2M through a built-in scaling plan.
KEY RULES
Daily Drawdown
4%
Max Loss
8%
Profit Target
8% (Phase 1) / 4% (Phase 2)
Min Trading Days
None
Max Duration
30 days (Phase 1) / 60 days (Phase 2)
Leverage
Up to 1:100 (forex)
EVALUATION PHASES
Phase 1 — Challenge
Phase 2 — Verification
Funded Account
RULE EXPLANATIONS
Balance-Based Drawdown — Stricter Than Equity-Based
Funded Trading Plus calculates both the daily and total drawdown based on your balance, not your equity. This is a critical distinction: if you are up 3% on open floating positions but your account balance has not changed, the drawdown is still measured from the balance. Conversely, losing trades reduce your balance immediately, locking in a lower drawdown floor even if you later recover. Once a balance-based floor is set, it cannot be restored by profits — only by scaling milestones.
Edge case: A trader who closes three profitable trades but holds a losing position overnight may wake up to find their balance-based drawdown floor has risen due to the closed wins, leaving less buffer for the open loser. Always calculate your position sizing relative to your current balance floor, not your peak equity.
News Trading Restriction — 2-Minute Rule
Funded Trading Plus prohibits opening or closing trades within 2 minutes before or after a scheduled high-impact news event. This restriction applies to all Forex pairs affected by the news event and is enforced strictly. Trades opened before the 2-minute window must either be closed before it begins or held through until 2 minutes after the announcement. Partially closing a trade during the restricted window may also trigger a violation.
Edge case: The restriction applies to trade execution, not to open positions. If you hold a position going into a news event that was opened outside the restricted window, the position itself is not a violation. However, attempting to modify the stop loss or take profit during the 2-minute window may be flagged depending on platform and broker settings.
Scaling Plan — Path to $2M Funded
After passing the evaluation, funded traders can access a scaling plan that increases account size based on performance. Reaching a 10% profit milestone on the funded account triggers a 25% account size increase. This compounds over multiple cycles, allowing traders to scale from an initial $100K funded account to $2M without purchasing additional challenges. The scaling plan is automatic and requires no additional evaluation fees.
Edge case: Scaling is only applied to the net balance after verified payouts. If you request a payout before reaching the 10% milestone, the scaling cycle resets from the current balance. Plan payout timing carefully to avoid splitting a scaling milestone.
ACCOUNT SIZES & PRICING
| Account | Size | Price |
|---|---|---|
| $5K | $5,000 | $49 |
| $10K | $10,000 | $89 |
| $25K | $25,000 | $199 |
| $50K | $50,000 | $299 |
| $100K | $100,000 | $499 |
| $200K | $200,000 | $899 |
TIPS TO PASS FUNDED TRADING PLUS
The no minimum trading days rule means you can pass the evaluation in 2–3 days if your strategy performs. Resist the temptation to rush — one bad session after a fast start can trigger the 4% daily drawdown and fail the account. The time pressure only kicks in near the 30-day limit.
The 4% daily drawdown and 8% total loss limits are tighter than FTMO (5%/10%). Size positions accordingly. With a 4% daily limit, a single 2R loss on a 2% risk trade consumes half your daily budget. Many successful FTP traders use 0.5–1% risk per trade during the evaluation.
Avoid all high-impact news trading even by mistake. Set calendar alerts for NFP, CPI, FOMC decisions, and other tier-1 events in your pairs. The 2-minute restriction is rigidly enforced and a single accidental trade during the window can invalidate an otherwise clean evaluation.
Weekend holding is allowed — use this strategically for swing setups. Unlike Topstep or Apex, FTP lets you hold positions through the weekend close, enabling multi-day setups that tend to have better risk-reward ratios than intraday scalps.
WHY TRADERS FAIL FUNDED TRADING PLUS
Hitting the 4% daily drawdown on a single volatile session. The tighter daily limit catches traders who are used to FTMO's 5% limit. Position sizes that were safe at FTMO (e.g., 1.5% risk per trade) can produce a daily breach at FTP after two consecutive losses. Recalibrate risk per trade specifically for FTP's 4% daily cap.
Trading during high-impact news without realizing the 2-minute restriction applies. Many traders use news events as entry triggers and don't check whether a scheduled event falls within the restricted window. Audit your trade log after each session to confirm no executions occurred inside the restricted window.
Running out of time on Phase 1 (30 days) by being overly conservative. The 30-day limit is real — if you reach day 28 with 4% profit and need 8%, the urgency can cause revenge trading or oversizing to hit the target. Build a consistent daily P&L pace from day 1 rather than relying on a late-phase push.
Misunderstanding the balance-based drawdown and losing more than expected. Traders used to FTMO's equity-based daily drawdown assume profits increase the daily floor, giving more room to trade. At FTP, the floor moves with your balance, not your equity. Floating gains provide no additional drawdown cushion.
FAQ — FUNDED TRADING PLUS
What is the Funded Trading Plus daily drawdown limit?
Funded Trading Plus enforces a 4% daily drawdown limit calculated from the account balance at the start of each trading day. This is balance-based, meaning open floating P&L does not affect the daily floor. Breaching 4% at any point during the session fails the evaluation.
Does Funded Trading Plus allow news trading?
No — Funded Trading Plus prohibits opening or closing trades within 2 minutes before or after any scheduled high-impact news event. This restriction applies to all pairs affected by the announcement. News-based strategies are incompatible with FTP's evaluation rules.
What is the Funded Trading Plus profit split?
Funded traders keep 80% of all profits. Payouts are processed on a bi-weekly basis with no minimum withdrawal amount specified in the base plan. FTP also offers a scaling plan that increases account size by 25% at each 10% profit milestone, up to a maximum of $2M.
Is there a minimum number of trading days for Funded Trading Plus?
No — Funded Trading Plus has no minimum trading days requirement in either phase. Traders can pass the evaluation as quickly as their strategy allows, provided they do not breach any drawdown rules. The only time-related rule is the maximum duration: 30 days for Phase 1 and 60 days for Phase 2.
How does Funded Trading Plus compare to FTMO?
Both firms use a two-phase evaluation model, but FTP uses tighter drawdown limits (4% daily / 8% total vs FTMO's 5% / 10%) and a balance-based calculation method. FTP has no minimum trading days while FTMO requires 4. FTP restricts news trading; FTMO allows it. FTMO's profit split (80–90%) is comparable to FTP's 80%.
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