FTUK Review (5% discount code: forexpropreviews)
4.3

FTUK Review (5% discount code: forexpropreviews)

FTUK believe that everybody deserves a chance, consequently making trading affordable for anyone who desires to become a successful trader. As their clients master new trading skills and show their results, they trust them more and scale their capital. Note that FTUK supports traders all over the world no matter the experience.
Home » FTUK Review (5% discount code: forexpropreviews)
Pros
  • Great Trustpilot Rating of 4.1/5
  • Two Unique Funding Programs
  • Professional Trader Dashboard
  • A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies)
  • USD, EUR, and GBP Account Currencies
  • Leverage up to 1:100
  • No Minimum & Maximum Trading Day Requirements
  • Scaling Plan
  • No Maximum Daily Drawdown
  • On-demand Payouts After First Payout
  • Profit Share of 80%
  • Overnight & Weekend Holding Allowed
  • News Trading Allowed
Cons
  • Mandatory Stop-loss
  • 2% Risk Per Position
  • First Payout After 10% Profit with Instant Funding

FTUK follows the belief that everyone deserves a chance. That is why they are providing traders all across the globe with an opportunity to become a successful forex trader in an affordable way. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $90,000 and receive 80% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.

Who are FTUK?

FTUK is a proprietary trading firm with the legal name FTUK Inc. that was incorporated on the 10th of December 2021. They are located in Dubai, United Arab Emirates, and are being managed by CEO Haseem Gafer. FTUK provides traders with the opportunity to choose between two account types, a one-step evaluation, and an instant funding program while being partnered with a tier-1 liquidity provider with the best simulated real market trading conditions as their broker.

FTUK’s headquarters are located at Dubai Silicon Oasis, DDP, Building A2, Dubai, United Arab Emirates.

Video review

Funding Program Options

FTUK provides its traders with two unique funding program options:

  • Evaluation Program
  • Instant Funding

Evaluation Program

FTUK’s Evaluation Program provides traders with the opportunity to manage account sizes ranging from $14,000 up to $90,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The Evaluation Program allows you to trade with leverage up to 1:100 while also being able to choose your account funding between USD, EUR, and GBP.

The evaluation phase requires a trader to reach a profit target of 10% while not surpassing their 8% maximum loss rule. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to funded status, you are only required to reach the 10% profit target without breaching the maximum loss limit rule.

By completing the evaluation phase, you are awarded a funded account where you have a minimum withdrawal amount of $250. You must only respect the 8% maximum loss rule. Your first payout is after you complete 10 active days on your funded account, while all other withdrawals can be submitted on a daily on-demand basis. Your profit split will be 80% based on the profit you make on your funded account.

Evaluation Program Scaling Plan

The Evaluation Program also has a scaling plan. If a trader manages to reach a 10% profit target, which depends on the funded account scaling phase, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits.

Level 1Level 2Level 3Level 4Level 5Level 6Level 7*Level 8*
$3,500$14,000$28,000$56,000$112,000$224,000$448,000$896,000
$10,000$40,000$80,000$160,000$320,000$640,000$1,280,000$2,560,000
$15,000$60,000$120,000$240,000$480,000$960,000$1,920,000$3,840,000
$22,500$90,000$180,000$360,000$720,000$1,440,000$2,880,000$5,760,000
Leverage1:101:201:201:301:301:501:100
*Level 8 is only available as an add-on*

Example:

The profit target for the $90,000 funded account is 10%.

Week 1: Generate a profit of 4%.

Week 2: Generate a profit of 6%.

The total generated profit from the last two weeks is 10%, which makes the account eligible for scaling since you reached the required 10% profit target.

Evaluation Program Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 10%. Funded accounts do not have any specified profit targets.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 8%.
  • Stop-loss Required – Before initiating a trade, it is mandatory for the trader to place a stop-loss on each position.
  • Stop-loss Risk Per Position – Before entering a trade, the trader is required to define a specific percentage-based stop-loss for each position. There is a maximum stop-loss requirement of 2% for each position.
  • No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.

Instant Funding

FTUK’s Instant Funding provides traders with the opportunity to manage account sizes ranging from $14,000 up to $90,000. The aim is to allow traders to skip the evaluation altogether and start earning from the start. Instant Funding allows you to trade with up to 1:100 leverage while also being able to choose your account funding between USD, EUR, and GBP.

By purchasing Instant Funding, you are awarded a funded account with an initial 10% profit target for stage 1. You must also respect the 8% maximum loss rule. Your first payout is when you manage to hit your 10% profit target, while all other withdrawals can be submitted on a daily on-demand basis if you can request a withdrawal of $250 or more on your funded account. Your profit split will be 80% based on the profit you make on your funded account.

Instant Funding Scaling Plan

Instant Funding also has a scaling plan. If a trader manages to reach a 10% profit target, which depends on the funded account scaling phase, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits.

Level 1Level 2Level 3Level 4Level 5Level 6Level 7*Level 8*
$3,500$14,000$28,000$56,000$112,000$224,000$448,000$896,000
$10,000$40,000$80,000$160,000$320,000$640,000$1,280,000$2,560,000
$15,000$60,000$120,000$240,000$480,000$960,000$1,920,000$3,840,000
$22,500$90,000$180,000$360,000$720,000$1,440,000$2,880,000$5,760,000
1:101:101:201:201:301:301:501:100
*Level 8 is only available as an add-on*

Example:

The profit target for the $90,000 funded account is 10%.

Week 1: Generate a profit of 4%.

Week 2: Generate a profit of 6%.

The total generated profit from the last two weeks is 10%, which makes the account eligible for scaling since you reached the required 10% profit target.

Instant Funding Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for level one is 10%. After the first level, there are no profit target requirements.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 8%.
  • Stop-loss Required – Before initiating a trade, it is mandatory for the trader to place a stop-loss on each position.
  • Stop-loss Risk Per Position – Before entering a trade, the trader is required to define a specific percentage-based stop-loss for each position. There is a maximum stop-loss requirement of 2% for each position.
  • No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.

What Makes FTUK Different From Other Prop Firms?

FTUK differs from most industry-leading firms due to offering two unique account types: a one-step evaluation and an instant funding program. In addition, they also provide numerous favorable features, such as an unlimited trading period, no minimum trading day requirements, no maximum daily drawdown, on-demand future payouts, and multiple add-on features.

FTUK’s Evaluation Program is a one-step evaluation that requires traders to successfully complete a single phase before becoming eligible for payouts. The profit target is 10%, with an 8% maximum loss rule. You also have no minimum or maximum trading day requirements during the evaluation phase. The Evaluation Program also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Evaluation Program stands out mainly for having an unlimited trading period, no minimum trading day requirements, no maximum daily drawdown, on-demand future payouts, and multiple add-on features.

Example of comparison between FTUK & Finotive Funding

Trading ObjectivesFTUKFinotive Funding
Profit Target10%10%
Maximum Daily Loss4%
Maximum Loss8%7.5%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%75% up to 95%

Example of comparison between FTUK & City Traders Imperium

Trading ObjectivesFTUKCity Traders Imperium
Profit Target10%10%
Maximum Daily Loss
Maximum Loss8%6%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%50% up to 100% + Monthly Salary

Example of comparison between FTUK & SurgeTrader

Trading ObjectivesFTUKSurgeTrader (One-phase Audition)
Profit Target10%10%
Maximum Daily Loss6%
Maximum Loss8%8% (Trailing)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%75% (90% with Add-on)

FTUK’s Instant Funding is a direct funding account that allows traders to skip the evaluation altogether and start earning from the start. There is an initial 10% profit target, with an 8% maximum loss limit rule. You also have no minimum or maximum trading day requirements. Instant Funding also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, Instant Funding stands out mainly for having an unlimited trading period, no minimum trading day requirements, no maximum daily drawdown, on-demand future payouts, and multiple add-on features.

Example of comparison between FTUK & The5ers

Trading ObjectivesFTUKThe5ers
Profit Target10%10%
Maximum Daily Loss3% (Daily Pause)
Maximum Loss8%6%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%50% up to 100%

Example of comparison between FTUK & Finotive Funding

Trading ObjectivesFTUKFinotive Funding (Standard)
Profit Target10%
Maximum Daily Loss5%
Maximum Loss8%8%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%55% up to 75%

Example of comparison between FTUK & Funded Trading Plus

Trading ObjectivesFTUKFunded Trading Plus
Profit Target10%
Maximum Daily Loss6%
Maximum Loss8%6% (Trailing)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%80% up to 100%

In conclusion, FTUK differs from other industry-leading prop firms by offering two unique account types: a one-step evaluation and an instant funding program. In addition, they also provide numerous favorable features, such as an unlimited trading period, no minimum trading day requirements, no maximum daily drawdown, on-demand future payouts, and multiple add-on features.

Is Getting FTUK Capital Realistic?

It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.

  • Receiving capital from the Evaluation Program is realistic primarily due to its average profit target of 10% coupled with an average maximum loss rule (8% maximum loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 80%.
  • Receiving capital from Instant Funding is realistic primarily due to its average initial profit target of 10% coupled with an average maximum loss rule (8% maximum loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can trade at your preferred pace. Furthermore, upon successfully generating a profit, participants qualify for payouts featuring an advantageous profit split of 80%.

After considering all the factors, FTUK is highly recommended since you have two unique funding programs to choose from, a one-step evaluation and an instant funding program, which both feature realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

FTUK is a proprietary trading firm that was incorporated on the 10th of December 2021. They have a large community of traders who have reached funded status and successfully qualify for a profit split.

While working with FTUK and reaching funded status with the Evaluation Program, you will be eligible to receive your first payout after you complete 10 active days and can request a withdrawal of $250 or more on your funded account. However, after your first payout, you will also be eligible to receive your payouts on a daily on-demand basis. Your profit split will consist of a generous 80% based on the profit that you generated on your funded account.

However, while working with FTUK and purchasing the Instant Funding program, you will be eligible to receive your first payout after you manage to hit your 10% profit target. However, after your first payout, you will be eligible to receive your payouts on a daily on-demand basis. Your profit split will consist of a generous 80% based on the profit that you generated on your funded Instant Funding account.

When it comes to FTUK payment proof, you can find it on numerous websites. One example is Trustpilot, where their traders comment regarding their experience while working with the company as well as the process of how they successfully received payouts. Another source of payment proof for FTUK is their Discord channel and YouTube channel, where you can find numerous payout certificates and interviews of the most successful traders.

Examples of Payout Certificates and Payment Proof can be seen in the images below.

Which Broker Does FTUK Use?

FTUK doesn’t trade with any of the common broker brands. They are partnered with a tier-1 liquidity provider with the best simulated real market trading conditions.

As for trading platforms, while working with FTUK, they allow you to trade on Match-Trader.

Trading Instruments

As mentioned above, FTUK is partnered with a tier-1 liquidity provider with the best simulated real market trading conditions, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, and cryptocurrencies with a leverage of up to 1:100, depending on the trading instrument that you are trading.

Forex Pairs

NZD/USDAUD/CADAUD/CHFAUD/NZDAUD/SGDAUD/USD
CAD/CHFAUD/JPYCAD/JPYCHF/JPYEUR/AUDEUR/CAD
EUR/CHFEUR/GBPEUR/HUFEUR/JPYEUR/NOKEUR/NZD
EUR/PLNEUR/TRYEUR/USDGBP/AUDGBP/CADGBP/CHF
GBP/JPYGBP/NZDGBP/USDNZD/CADNZD/CHFNZD/JPY
SGD/JPYUSD/CADUSD/CHFUSD/DKKUSD/HUFUSD/JPY
USD/MXNUSD/NOKUSD/PLNUSD/SEKUSD/SGDUSD/THB
USD/TRYUSD/ZARZAR/JPYMXN/JPYCNH/JPY

Commodities

XAG/USDXAU/USDUKO/USDUSO/USD

Indices

AUS200US30SPX500NDX100FRA40
EUSTX50UK100GER30HK50JPN225
USDXUS2000SWI20NTH25CAN60
VIX

Cryptocurrencies

ETH/USDBTC/USDBCH/USDLTC/USDXRP/USD
ADA/USDBNB/USDDOT/USDLINK/USDUNI/USD
SOL/USDAAVE/USDTHETA/USDCAKE/USDATOM/USD
AVAX/USDXMR/USDLUNA/USDICP/USDFIL/USD
TRX/USD

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX 4 USD / LOT
COMMODITIES 0 USD / LOT
INDICES 0 USD / LOT
CRYPTOCURRENCIES 0 USD / LOT

Spread Account

To check the live spreads, log in to the trading account below.

PlatformServerLogin NumberPasswordDownload Platform
Match-TraderClick here

Education

FTUK provides its community with a detailed Blog with educational content, such as the following four categories:

  • General
  • Traders Mindset
  • Technical Strategy
  • Traders Interview

Additionally, FTUK offers its clients a meticulously designed dashboard, which provides traders with seamless risk management aligned with their statistical objectives.

Trustpilot Feedback

FTUK has gathered a great score on Trustpilot based on their community’s feedback.

On Trustpilot, FTUK has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.1 out of 5 from a substantial pool of 365 reviews. Notably, 78% of these reviews have awarded FTUK the highest rating of 5 stars.

The client commends FTUK for its excellent dashboard and trading platform, expressing a particular liking for the flexibility to trade over weekends and during news events. They specifically recommend FTUK to experienced traders seeking a proprietary trading firm, indicating a positive experience with the platform and endorsing it for others in the trading community.


The client expresses satisfaction with FTUK who provide instant funding services with valuable add-ons. They appreciate the seamless experience of being able to start trading on a funded account immediately without the need to undertake a challenging process. Despite acknowledging that FTUK’s services may come at a higher cost, the client emphasizes the time-saving aspect and deems it worthwhile.

Social Media Statistics

FTUK can also be found on numerous social media platforms.

Facebook1,600 Followers & 1,300 Likes
Twitter1,003 Followers
Instagram15,300 Followers
Discord3,323 Members
YouTube733 Subscribers

Customer Support

Live Chat
Email[email protected]
Phone
DiscordDiscord Link
Telegram
FAQFAQ Link
Help Center
WhatsApp
Messenger
Supported LanguagesEnglish

Account Opening Process

  • Registration Form – Register with FTUK by filling out the registration form with your personal details and logging into the trading dashboard.
  • Choose Your Account – Choose your account type, account size, trading platform, and add-on features.
  • Apply Discount Code – Apply our discount code FOREXPROPREVIEWS and enjoy a 10% discount on all FTUK account types.
  • Choose Your Payment Method – Choose between a credit/debit card and a cryptocurrency payment method.

Conclusion

In conclusion, FTUK is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between two funding programs: the Evaluation Program, which is a one-step evaluation, and Instant Funding, which is an instant funding program.

FTUK’s Evaluation Program is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 80% profit splits. Traders must reach a profit target of 10% to become successfully funded. These are realistic trading objectives, considering you have an 8% maximum loss rule to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during the evaluation phase, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the Evaluation Program features a scaling plan, providing you with the opportunity to increase your initial account balance.

On the other hand, FTUK’s Instant Funding is a direct funding program that allows traders to skip the evaluation altogether and start earning 80% profit splits from the start. Traders have an initial 10% profit target for stage 1, with an 8% maximum loss rule, which are realistic trading objectives. Regarding time limitations, you have no minimum or maximum trading day requirements, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that Instant Funding features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend FTUK to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with special features, such as an unlimited trading period, no minimum trading day requirements, no maximum daily drawdown, on-demand future payouts, and multiple add-on features. After considering everything FTUK has to offer to traders all across the globe, they are indeed a desirable choice within the prop trading industry.

Our detailed review of FTUK was last updated on 10.04.2024 at 08:48 (CE(S)T).

What are your individual opinions on FTUK and the services they offer? Do they align with the trading conditions and services you’ve been seeking?

Let us know if you enjoyed our detailed FTUK review by commenting below!

FTUK Review (5% discount code: forexpropreviews) Details

Trading Platforms
Deposit Methods
Withdrawal Methods
Tradable instruments
Account Currencies
Incorporation
Account size up to:
$90,000
Use code for 5% discount: forexpropreviews
*Choose your account type and start trading
4.0
Fees
4.0
Trading Platforms
5.0
Deposit and withdrawal
4.0
Customer Support
4.3 Overall Rating

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