Overview: The Budget-Friendly Prop Firm
Funded Trading Plus is a London-based forex and cryptocurrency prop firm that emphasizes affordable entry, fast payouts, and beginner-friendly rules. If you're looking for the cheapest way to get into prop trading, this is it.
The firm has built a reputation for transparency and customer support. They cater to traders from around the world (especially Europe, Asia, Africa) and actively support their community with trading education and strategy sharing.
Unique Selling Point: Weekly payouts instead of monthly. You can withdraw profits every week. For traders on tight budgets, this is huge—get paid every 7 days instead of waiting 30+ days for monthly payouts.
Pricing and Account Tiers
Overview: The Budget-Friendly Prop Firm
Funded Trading Plus is a London-based forex and cryptocurrency prop firm that emphasizes affordable entry, fast payouts, and beginner-friendly rules. If you're looking for the cheapest way to get into prop trading, this is it.
The firm has built a reputation for transparency and customer support. They cater to traders from around the world (especially Europe, Asia, Africa) and actively support their community with trading education and strategy sharing.
Unique Selling Point: Weekly payouts instead of monthly. You can withdraw profits every week. For traders on tight budgets, this is huge—get paid every 7 days instead of waiting 30+ days for monthly payouts.
Pricing and Account Tiers
| Account Size |
Challenge Fee |
Profit Target |
Max Drawdown |
| $5,000 |
$99 |
$500 (10%) |
10% |
| $10,000 |
$149 |
$1,000 (10%) |
10% |
| $25,000 |
$249 |
$2,500 (10%) |
10% |
Value Assessment: The $99 entry for a $5K account is the cheapest in the industry. This makes FTP ideal for beginners testing out prop trading. You're risking minimal capital to prove your trading works.
Scaling: Affordable tiers make it easy to scale. Pass a $5K challenge, graduate to $10K, then $25K without breaking the bank. Each challenge is only $50–150 more.
Rules, Split, and Features
Profit Split: 75/25
You keep 75%, FTP keeps 25%. This is slightly lower than the 80/20 standard, but acceptable given the low entry fees and weekly payouts. Over a year, it's worth the trade-off.
Daily & Max Drawdown
- Daily Drawdown: 5% (relative)
- Max Drawdown: 10% (from peak)
Standard rules, nothing unique here. Beginner-friendly because the thresholds are clear and manageable.
Weekly Payouts
This is the differentiator. After you pass the challenge and get a funded account, you can request payouts every 7 days. This is huge for cash flow. Most traders request payouts weekly to maintain liquidity and reduce risk of account closure.
No Minimum Payout
Technically $25 minimum, which is the lowest in the industry. If you made $30 profit, you can withdraw it. No need to wait until next month to combine payouts.
Platform & Instruments
MT4 platform (standard in forex). You can trade forex, cryptocurrencies (Bitcoin, Ethereum, Litecoin), and some commodities. No options or futures.
Who Is FTP Best For?
- Beginners: Low entry fees ($99) make it risk-free to test prop trading
- Cash-Flow Traders: Weekly payouts if you need regular income
- Crypto Traders: Can trade crypto on funded account (rare feature)
- International Traders: Less US regulation focus; better for non-US residents
- Budget-Conscious: Cheapest way to access multiple account sizes
Pros and Cons
Pros
- Lowest Entry Fees: $99 for a $5K account. Unbeatable.
- Weekly Payouts: Get paid every 7 days instead of monthly.
- Crypto Support: Can trade BTC, ETH, and other cryptos on funded account.
- $25 Minimum Payout: No payout threshold barriers.
- Easy to Scale: Affordable each step of the way.
- Good Community: Active Discord, strategy sharing, beginner support.
- No Monthly Fees: Just the initial challenge fee; no subscription.
Cons
- 75/25 Split (Not 80/20): You give up 25% instead of 20%. Over a year, significant difference at scale.
- Small Maximum Accounts: Largest is $25K. If you want $100K+ accounts, other firms offer them.
- MT4 Platform: Basic, not as advanced as NinjaTrader or cTrader. Slower, fewer features.
- Smaller Firm: Less brand recognition than FTMO or Apex. Lower perceived credibility (though they're legitimate).
- Forex Only (+ Crypto): No futures, no stocks. Limited product range.
- Small Monthly Payouts: Weekly payouts mean tiny amounts per week ($50–200 per week on average). Psychologically harder to be motivated by small payments.
Best If: You want the cheapest entry and don't mind a slightly lower profit split. Worst if: You want to trade large accounts ($100K+) or need an 80/20+ split to make the math work.
How to Succeed at FTP
Strategy
- Start at $5K: Master the rules here, then scale. No point starting at $25K if you haven't proven yourself.
- Trade 1–2 setups: Keep it simple. Forex pairs (EURUSD, GBPUSD) or a single crypto pair. Consistency beats variety.
- Aim for $50–100 per day: That's 1–2% daily on a $5K account. Hit that consistently, and you'll pass in 2–3 weeks.
- Request weekly payouts: Once funded, withdraw every Friday. Lock in gains. Start fresh next week. Reduces pressure and risk.
Timeline
Most traders pass FTP challenges in 2–4 weeks. It's slightly easier than FTMO or Apex due to the beginner-friendly support and community resources.
Payout Process
Minimum Payout: $25 (lowest in industry)
Frequency: Weekly (Mondays–Fridays)
Speed: 1–3 days to your account (fastest with crypto)
Methods: Wire transfer, PayPal, Skrill, Crypto (USDT, Bitcoin)
FTP handles payouts professionally and consistently. The weekly payout feature alone makes them worth trying for cash-flow-focused traders.
FTP vs. Other Firms (Head-to-Head)
Rules, Split, and Features
Profit Split: 75/25
You keep 75%, FTP keeps 25%. This is slightly lower than the 80/20 standard, but acceptable given the low entry fees and weekly payouts. Over a year, it's worth the trade-off.
Daily & Max Drawdown
Daily Drawdown: 5% (relative)
Max Drawdown: 10% (from peak)
Standard rules, nothing unique here. Beginner-friendly because the thresholds are clear and manageable.
Weekly Payouts
This is the differentiator. After you pass the challenge and get a funded account, you can request payouts every 7 days. This is huge for cash flow. Most traders request payouts weekly to maintain liquidity and reduce risk of account closure.
No Minimum Payout
Technically $25 minimum, which is the lowest in the industry. If you made $30 profit, you can withdraw it. No need to wait until next month to combine payouts.
Platform & Instruments
MT4 platform (standard in forex). You can trade forex, cryptocurrencies (Bitcoin, Ethereum, Litecoin), and some commodities. No options or futures.
Who Is FTP Best For?
Beginners: Low entry fees ($99) make it risk-free to test prop trading
Cash-Flow Traders: Weekly payouts if you need regular income
Crypto Traders: Can trade crypto on funded account (rare feature)
International Traders: Less US regulation focus; better for non-US residents
Budget-Conscious: Cheapest way to access multiple account sizes
Pros and Cons
Pros
Lowest Entry Fees: $99 for a $5K account. Unbeatable.
Weekly Payouts: Get paid every 7 days instead of monthly.
Crypto Support: Can trade BTC, ETH, and other cryptos on funded account.
$25 Minimum Payout: No payout threshold barriers.
Easy to Scale: Affordable each step of the way.
Good Community: Active Discord, strategy sharing, beginner support.
No Monthly Fees: Just the initial challenge fee; no subscription.
Cons
75/25 Split (Not 80/20): You give up 25% instead of 20%. Over a year, significant difference at scale.
Small Maximum Accounts: Largest is $25K. If you want $100K+ accounts, other firms offer them.
MT4 Platform: Basic, not as advanced as NinjaTrader or cTrader. Slower, fewer features.
Smaller Firm: Less brand recognition than FTMO or Apex. Lower perceived credibility (though they're legitimate).
Forex Only (+ Crypto): No futures, no stocks. Limited product range.
Small Monthly Payouts: Weekly payouts mean tiny amounts per week ($50–200 per week on average). Psychologically harder to be motivated by small payments.
Best If: You want the cheapest entry and don't mind a slightly lower profit split. Worst if: You want to trade large accounts ($100K+) or need an 80/20+ split to make the math work.
How to Succeed at FTP
Strategy
Start at $5K: Master the rules here, then scale. No point starting at $25K if you haven't proven yourself.
Trade 1–2 setups: Keep it simple. Forex pairs (EURUSD, GBPUSD) or a single crypto pair. Consistency beats variety.
Aim for $50–100 per day: That's 1–2% daily on a $5K account. Hit that consistently, and you'll pass in 2–3 weeks.
Request weekly payouts: Once funded, withdraw every Friday. Lock in gains. Start fresh next week. Reduces pressure and risk.
Timeline
Most traders pass FTP challenges in 2–4 weeks. It's slightly easier than FTMO or Apex due to the beginner-friendly support and community resources.
Payout Process
Minimum Payout: $25 (lowest in industry)
Frequency: Weekly (Mondays–Fridays)
Speed: 1–3 days to your account (fastest with crypto)
Methods: Wire transfer, PayPal, Skrill, Crypto (USDT, Bitcoin)
FTP handles payouts professionally and consistently. The weekly payout feature alone makes them worth trying for cash-flow-focused traders.
FTP vs. Other Firms (Head-to-Head)
| Firm |
Entry Fee ($5K) |
Profit Split |
Payout Frequency |
Best For |
| Funded Trading Plus |
$99 |
75/25 |
Weekly |
Budget-conscious |
| FTMO |
$149 |
80/20 |
Monthly |
Established traders |
| Apex |
$99 |
90/10 |
Weekly/Monthly |
Best overall value |
vs. Apex: Apex has the same entry price but offers 90/10 split (much better). However, Apex doesn't offer crypto trading. If crypto is important, FTP wins. Otherwise, Apex.
vs. FTMO: FTMO is $50 more but has better split (80/20 vs. 75/25) and stronger brand. FTP is better if budget is tight.
Frequently Asked Questions
Can I really withdraw every week?
Yes, FTP allows weekly payouts. However, there's a $25 minimum. If you made only $20 that week, it stays in the account and combines with next week's profit. Most profitable traders make $100–500+ per week, so the $25 minimum isn't a real issue.
Is the 75/25 split a dealbreaker?
Not necessarily. On a $5K account making 2% per month ($100), the difference between 75/25 and 80/20 is only $5. It matters more at scale. On a $25K account, the $5K monthly difference is $250. At that point, consider upgrading to Apex (90/10) or FTMO (80/20).
Can I trade Bitcoin on my funded account?
Yes. FTP allows crypto trading on funded accounts. Bet on Bitcoin or Ethereum price movements directly. This is a rare feature—most firms don't offer it.
Is FTP regulated?
FTP is registered in the UK and operates under UK financial regulations. They're legitimate and transparent about their regulatory status. Not as big as FTMO, but trustworthy.
What happens if I don't request a payout for a month?
Your profits accumulate in the account and continue being used as trading capital. You can request them anytime. However, the risk is that if your account gets closed, those uninvested profits are lost. Best practice: withdraw weekly to lock in gains.