Comparison between Funded Trading Plus & FTMO

In this article, we will compare Funded Trading Plus and FTMO in general and what they offer to forex traders.

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In this article, we will go through what Funded Trading Plus and FTMO have to offer. We will compare the firms in general and what they offer to forex traders.

1. Company incorporation

Funded Trading PlusFTMO
Incorporation dateNovember 2021September 2015πŸ’š

Funded Trading Plus and FTMO are legitimate proprietary trading firms. Funded Trading Plus was incorporated in November 2021 and has become one of the more successful firms in the industry. FTMO, on the other hand, was incorporated in September 2015. Both prop firms have made an excellent reputation for themselves and are attracting attention from forex traders worldwide.

2. Funding program options

Funding program optionsFunded Trading PlusFTMO
One-phase evaluationβœ…βŒ
Two-phase evaluationβœ…βœ…
Direct fundingβœ…βŒ

Funded Trading Plus and FTMO have the following funding program options that their community can choose from. Funded Trading Plus has a one-phase evaluation, two-phase evaluation, and direct funding, while FTMO only has a two-phase evaluation program.

Let’s look at the comparison between the two-phase evaluation since both proprietary trading firms are offering it.

Two-phase funding program comparison:

Rule/GuidelineFunded Trading PlusFTMO normal riskFTMO aggressive risk
Phase 1 profit target10%πŸ’š10%πŸ’š20%
Phase 2 profit target5%πŸ’š5%πŸ’š10%
Daily drawdown5%5%10%πŸ’š
Overall drawdown10%10%20%πŸ’š
Leverage30:130:1 up to 100:1πŸ’š30:1 up to 100:1πŸ’š
Minimum trading daysNo minimum trading daysπŸ’š10 calendar day10 calendar days
Phase 1 trading periodNo limitπŸ’š30 calendar days30 calendar days
Phase 2 trading periodNo limitπŸ’š60 calendar days60 calendar days
Profit split80% up to 90%80% up to 90%80% up to 90%

Now that we have gone through their rules and guidelines for their two-phase evaluation challenges we are going to go through pricing for different account sizes.

Account sizeFunded Trading PlusFTMO normal riskFTMO aggressive risk
$10,000βŒβ‚¬155€250
$25,000$199πŸ’šβ‚¬250€345
$50,000$349πŸ’šβ‚¬345€540
$100,000$499πŸ’šβ‚¬540€1,080
$200,000$999πŸ’šβ‚¬1,080❌

3. Broker and trading platform

Now that we have gone through all of the funding programs that they are offering. Let’s compare which brokers and trading platforms you can use with each prop trading firm.

Funded Trading PlusFTMO
BrokerEightcapTier-1 Liquidity Provider with Direct Market Access
Trading platformMetaTrader 4, MetaTrader 5MetaTrader 4, MetaTrader 5, cTraderπŸ’š

4. Trading instruments

Another important factor are trading instruments. Let’s see which trading instruments you can trade with Funded Trading Plus and which with FTMO.

Trading instrumentFunded Trading PlusFTMO
Forex pairsβœ…βœ…
Commoditiesβœ…βœ…
Indicesβœ…βœ…
StocksβŒβœ…
BondsβŒβœ…
Cryptoβœ…βœ…

5. Traders’ comments

The last thing we will go through is the feedback from Funded Trading Plus and FTMO prop firms. The reviews we will be looking at are from Trustpilot.

Trustpilot statisticsFunded Trading PlusFTMO
Rating4.9/5πŸ’š4.9/5πŸ’š
Number of reviews3753,061πŸ’š

Funded Trading Plus has a rating of 4.9/5, while FTMO also has 4.9/5. However, the number of reviews differs immensely. Funded Trading Plus has 375 reviews, while FTMO has 3,061. 

6. Conclusion

In conclusion, Funded Trading Plus, and FTMO are two excellent proprietary trading firms. The difference can be easily seen from the number of reviews on Trustpilot. A significant difference would be the funding options. Funded Trading Plus offers four: one-phase, two-phase evaluation, and direct funding, while FTMO only has a 2-phase evaluation program.

Check our discount codes about the presented proprietary trading firms to end the comparison:

Funded Trading Plus 7% active discount code: FOREXPROPREVIEWS

This comparison was lastly updated on 05.08.2022 at 08:58 (CE(S)T).

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