Prohibited Trading Practices

To maintain the integrity of their trading programs, Funded Trading Plus prohibits the following practices:

• Copy Trading: Engaging in copy trading across accounts is not allowed. This includes opening identical positions on the same market in the same direction across multiple accounts simultaneously. For instance, if you open a trade on Gold at 10:30 AM and close it at 11:30 AM, you cannot open a position on Gold in another account during that timeframe. Violations may lead to profit nullification based on FTP's terms and conditions.
• Toxic Trading Practices: Strategies such as arbitrage, which exploit inefficiencies in the simulated trading environment, are strictly forbidden. Accounts employing such methods may face termination.

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Account Limitations and Management

Funded Trading Plus imposes certain restrictions to promote responsible trading:

• Number of Accounts: Traders can open multiple evaluation accounts; however, only two simulated live accounts ("FT+ trader accounts") can be funded simultaneously.
• Maximum Initial Funding: The maximum initial funding across all accounts is $400,000, with no single merged account exceeding $200,000.
• Account Resets: If an evaluation is failed, traders have the option to reset their account upon payment of a reset fee.

Risk Management and Reviews

FTP conducts risk assessments to ensure compliance with their standards:

• Risk Review Policy: All traders reaching the profit target will undergo a risk management assessment before receiving a funded account. This review evaluates trading behavior to ensure adherence to Funded Trading Plus's guidelines.
• Drawdown Management: Understanding relative drawdown is crucial. It represents the distance between your account's high watermark (the highest balance after closing profitable trades) and the maximum drawdown level (the lowest permissible balance). Traders are advised to maintain a buffer to avoid breaching drawdown limits.
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Program Flexibility:

• Traders can change their program platform before starting and taking any trades. This change incurs a $25 fee. To initiate this, contact support and process the payment through their checkout page.

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For more comprehensive details, please refer to Funded Trading Plus's official FAQs.

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