This post will tell you all about the FTUK Prop Firm, which allows traders to use their funded accounts without putting down their own money.
FTUK offers a wide range of programmes and account types, as well as numerous tradable markets. Because of this, the firm can easily accommodate traders of all skill levels who want to sharpen their abilities and minimize the amount of risk they take.
What Is FTUK Prop Firm?
FTUK is a proprietary trading firm that offers traders demo accounts with the ability to trade forex, cryptocurrencies, and indices.
FTUK offers traders three distinct funding options: Instant Funding, One-Step Challenge, and Two-Step Challenge.
Financial funding spans a wide range from $5000 to $6.4 million, with a profit share reaching 80% guaranteed.
Basic Information
| Feature | Details |
|---|---|
| Company Name | FTUK Prop Firm (Forex Trading UK) |
| Founded | 2021 |
| Headquarters | United Kingdom |
| Account Types | Instant Funding, One-Step Challenge, Two-Step Challenge |
| Funding Amounts | $5,000 – $6.4 Million |
| Profit Split | Up to 80%, depending on account scaling |
| Trading Instruments | Forex, Cryptocurrencies, Indices, Commodities |
| Leverage | Up to 1:100 (varies by asset & account) |
| Trading Platforms | Multiple platforms supported |
| Evaluation Fee | $199 – $1,499 (varies by account type) |
| Payouts | Weekly, flexible withdrawals |
| Support | Weekdays, limited hours |
How It Works FTUK
Choose a Funding Program
Based on your experience and preferences, opt for Instant Funding, One-Step Challenge, or Two-Step Challenge.
Complete Evaluation (if applicable)
As part of the One-Step and Two-Step Challenges, you have to achieve predetermined profit levels while observing the rules of risk management.
Receive Funding
After completing the evaluation, FTUK provides you with a funded account to trade on the live markets.
Profit Sharing
After paying FTUK a share of the profits, you get to keep the rest, and the percentage you keep increases as you scale your account.
Withdraw Earnings
Earnings can be withdrawn every week, provided a positive balance is maintained.
Why Choose FTUK?
Available Funding Options: Select any program that matches your trading style and risk levels.
Quick Scaling: Grow your account from 5,000 to 6.4 million, with profit shares rising to 80%!
Wide Range of Tradeable Assets: Trade forex, crypto, indices, and other instruments.
Straightforward Terms: FTUK sets forth trading regulations that all traders must comply with to protect a balanced playing field.
Instant Withdrawals: Access your profits instantly, with a weekly earnings period.
Features FTUK
Account Types: Instant Funding, One-Step Challenge, and Two-Step Challenge.
FTUK has three account types: Instant Funding for immediate access, One-Step Challenge for a single assessment, and Two-Step Challenge for a comprehensive evaluation. Each caters to a unique trader.
Funding Amounts: From \$ 5 000 to \$ 6 4 million
Funding starts low, available for novice traders and capped at \$ 6. 4 million for advanced traders. Each trader’s performance is linked to adjustable financing, which is risk-free and scalable.
Profit Split: Up to 80% and account scaling, up to 100% of profit
The split is high at 80%, which means traders have to part with a smaller portion. Increased account performance and sustained profit also strengthen profit-sharing as accounts scale.
Trading Instruments: Forex, cryptocurrencies, Indices and commodities
FTUK accounts broaden traders’ markets to cover Forex, crypto, stock indices, and commodities, hence improving the effectiveness of multi-strategy trading with more profit-earning solutions.
Leverage: Up to 1:100 with varying assets and trader levels
Traders with leveraged accounts up to 1:100 can manage larger strategic positions with ease. This leverage is set for the trader’s skill and account type.
Trading Platforms: FTUK accounts are compatible with numerous platforms
FTUK has integrated multiple trading platforms, enabling clients to utilize charting tools, advanced charts, efficient trade execution, and automated trading, such as EAs, with familiar tools and equipment.
Pros and Cons
Pros:
Capital Is at No Personal Risk: Trade with FTUK’s funds, thus reducing personal financial risks.
Accounts Are Scalable: Increase your trading capital as you prove your profitability over time.
Diverse Trading Opportunities: Access to a broad array of markets to trade for diversification of trading strategies.
Diversity of Supported Trading Strategies: Utilization of expert advisors (EAs), copy trading, and weekend trading.
Cons:
Evaluation fees are exorbitant: Ranging between $199 to $1,499 is an implicit barrier to some traders.
Customer Support Is Limited: Technical support is available on weekdays, which is absurd.
Conclusion
In conclusion, FTUK gives traders the chance to increase their trading activity without using their own money. With multiple payment methods, clear guidelines, and rapid growth potential, FTUK accommodates traders of varying skill levels.
Nevertheless, the expensive evaluation fees and the rigid trading policies might restrict some traders. Before joining the FTUK programs, potential traders must weigh these considerations.
FAQ
No, a trading license is not required. FTUK accepts traders worldwide, and you act as a sub-contractor managing an FTUK trading account.
Yes, FTUK allows the use of expert advisors (EAs) and copy trading. However, certain strategies like Martingale and high-frequency trading (HFT) are prohibited.
Profits can be withdrawn on a weekly basis, with no time limits for withdrawals. Ensure a positive balance before requesting a payout.