What kind of drawdown policy does Funded Trading Plus apply?
💡 Answer
Drawdown Model
Funded Trading Plus uses two drawdown structures across its programs: Relative (trailing) drawdown on core challenges (Master/Experienced/Advanced/Premium) and Static drawdown on Prestige variants.
Daily Drawdown is calculated from a daily balance snapshot and applies as a daily equity floor that resets once per day.
For detailed drawdown calculations, reset rules, and worked examples, see Funded Trading Plus official website.
More FAQs about Funded Trading Plus
- Which trading methods are supported by Funded Trading Plus, and which strategies are not allowed?
- What should traders know about payment options and refunds at Funded Trading Plus?
- How often can traders withdraw profits from Funded Trading Plus, and what payout methods are available?
- What percentage of profits can traders earn at Funded Trading Plus?
- Which tradable assets are offered by Funded Trading Plus?
- What leverage levels apply at Funded Trading Plus for different asset classes like forex, indices, metals, and crypto?
- What platform options are available to traders at Funded Trading Plus, and which broker does the firm work with?
- What execution conditions does Funded Trading Plus offer related to spread quality, commissions, and slippage?
- Are there any prohibited strategies at Funded Trading Plus, and how does the firm handle martingale trading and lot size limits?
- What are the main risk control rules enforced by Funded Trading Plus during evaluations?
- What types of trading programs can traders choose from at Funded Trading Plus?
- What type of trading challenges does Funded Trading Plus require before funding?
- How large can a funded account be at Funded Trading Plus, and is there a scaling plan in place?
- How many Trustpilot reviews does Funded Trading Plus have, and what is its rating?
- What are Funded Trading Plus's available program types?
- What are the rules at Funded Trading Plus regarding maximum accounts per trader, account merging, and lot sizing?
- What should traders know about KYC at Funded Trading Plus, including when verification is required?
- Does Funded Trading Plus have country-based restrictions for traders?
Guides Where Funded Trading Plus Is Featured
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These guides include Funded Trading Plus alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Funded Trading Plus vs BrightFunded vs Funded Firm - Prop Firm Comparison (July 2026)
Side-by-side comparison of Funded Trading Plus vs BrightFunded vs Funded Firm. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated July 2026.
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Funded Trading Plus
Funded Trading Plus (FT+) is a Saint Lucia-registered prop firm brand with an operational office in Manchester, UK, offering Instant Funding plus 1-step and 2-step simulated challenges since 2021. Traders can access broad CFD markets (FX, indices, commodities, crypto) across...
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BrightFunded
BrightFunded (Bright Global FZCO) is a Dubai-based prop firm offering an unlimited-time, 2-phase evaluation (8% then 5% targets) with 5% daily and 10% max loss limits, trading on cTrader, DXtrade and MT5 with up to 1:100 FX leverage, and Funded...
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Funded Firm
FundedFirm is a UK-based proprietary trading firm launched in 2024. It offers 1‑Step and 2‑Step evaluation programs with unlimited time, allowing traders to trade forex, metals, indices, energies and cryptocurrencies on MT5. With leverage up to 1:100 (1:50 for crypto),...
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| Overview | |||
| Trustpilot Rating | 0 | 0 | 0 |
| Trustpilot Reviews | 0 | 0 | 0 |
| Headquarters | Saint Lucia | United Arab Emirates | United Kingdom |
| Age (Years) | N/A | N/A | 2 |
| Max Funding | $400,000 | $400,000 | $100,000 |
| Profit Split Start | 80% | 80% | 90% |
| Profit Split Max | 100% | 100% | 100% |
| Platforms | MT5 cTrader Match-Trader DXtrade | MT5 cTrader DXtrade | mt5 |
| Assets | FX Indices Commodities Crypto | FX Commodities Indices Crypto | Forex Precious Metals Indices Energies Cryptocurrencies |
| Leverage | |||
| FX Leverage | 30 | 100 | 100 |
| Metals Leverage | 30 | 40 | 100 |
| Crypto Leverage | 2 | 5 | 50 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | Maximum Daily LossFT+ uses a balance-based Daily Drawdown (Daily Simulated Loss) that resets each day at 16:59 (EST). A daily balance snapshot is taken, the daily loss amount is calculated as a percentage of that snapshot, and the account’s equity must not fall below the resulting Daily Drawdown figure.Daily Simulated Loss limits vary by program (typical published values): Master 6%, Experienced 4%, Advanced 5%, Premium 4%, Prestige Lite 3%, and Prestige Pro 5%. | 5 | 3–5 |
| Max Total Loss | Maximum Overall LossMaximum Simulated Loss limits vary by program and drawdown model. Core trailing-loss challenges include: Master 6% max loss, Experienced 6%, Premium 8% and Advanced 10%.Prestige variants use a static-loss structure with tighter daily limits and typical maximum loss caps such as 6% (Prestige Lite) or 10% (Prestige Pro), depending on the specific Prestige version chosen. | 10 | 6–10 |
| Drawdown Type | Drawdown ModelFunded Trading Plus uses two drawdown structures across its programs: Relative (trailing) drawdown on core challenges (Master/Experienced/Advanced/Premium) and Static drawdown on Prestige variants.Daily Drawdown is calculated from a daily balance snapshot and applies as a daily equity floor that resets once per day. | Drawdown ModelBrightFunded’s drawdown approach uses an end-of-day (EOD) high-watermark logic for daily risk: the daily permitted loss is always 5% of the challenge size, and the next day’s breach level is set using the highest balance or equity recorded at the end of the prior day. The daily loss resets during the rollover window (roughly 23:30–23:59 CET).Across the evaluation phases, the account must also respect a 10% maximum loss limit; breaching either the daily or max-loss thresholds invalidates the account. | Fixed (daily 3–5% of starting equity; overall 6–10% of initial balance) |
| Payouts | |||
| Payout Frequency | 7 | Payout FrequencyOn Funded Star accounts, BrightFunded allows the first reward split request 30 days after the first trade. After the first payout, reward splits can be requested bi-weekly (every 14 days). Optional add-ons at checkout can enable weekly payouts (every 7 days) and/or an instant 90% profit split upgrade. | Payouts can be requested weekly, bi‑weekly or monthly. Weekly cycles provide a 60% profit split, bi‑weekly cycles 80%, and monthly cycles up to 100%. Payouts for weekly and bi‑weekly plans are released every Wednesday starting from the second week after the account is opened. |
| Days to First Payout | 0 | 30 | 7 |
| Payout Processing Time | Payout ProcessingWithdrawal requests are reviewed under FT+’s Risk Review Policy (withdrawals are a listed milestone for review). Processing time can therefore vary depending on whether a request is automatically cleared or requires manual risk-team review. | Payout ProcessingBrightFunded states that payouts are typically processed by the finance team within about 1 day after a request is submitted, with final receipt time depending on the payment rail and compliance checks. | 1 |
| Payout Methods | Crypto Bank Transfer | Crypto (USDC – ERC-20) Bank Transfer | Bank transfer UPI BTC USDT TRC20 USDT BEP20 USDT ERC20 |
| Payments | |||
| Payment Methods | Credit/Debit Card E-wallets Crypto | Credit/Debit Card Crypto | UPI Bitcoin USDT TRC20 USDT BEP20 USDT ERC20 |
| Trading Permissions | |||
| News Trading | News trading is allowed in principle, and FT+ markets “trade news” as part of its ruleset. However, high-risk “coin-flip” behaviour (e.g., extremely high margin utilisation combined with short-duration trades during volatile news) may fail a withdrawal-time risk review. | News trading is permitted, but traders remain responsible for respecting all drawdown rules; spreads and slippage can widen materially during high-impact releases. Tick-scalping and any attempts to exploit pricing/data-feed errors are prohibited. | News trading is allowed on all account types. Traders may open and close positions during high‑impact news releases. |
| Weekend Trades | Funded Trading Plus states traders may hold trades over the weekend (“hold weekends”), supporting swing-style strategies. Traders should still monitor instrument trading hours/closures and manage gap risk. | BrightFunded allows holding positions over the weekend. Traders should account for gap risk and liquidity changes at the weekly reopen; a swap-free add-on can remove swap fees for overnight/weekend holds when purchased. | Overnight and weekend holding is allowed without restrictions. |
| Copy Trading | FT+ requires accounts to be traded independently. Copy trading between active FT+ accounts is not permitted, and hedging across multiple accounts is strictly prohibited (hedging within a single account is allowed). | Copy trading is allowed only between accounts owned by the same person (BrightFunded accounts, other evaluation firms, or personal brokerage accounts). Copying between different individuals, signal-group trading, or account management services are prohibited and can lead to profit deductions, resets, or closure. | Copy trading and mirroring strategies across accounts are prohibited. |
| EA Allowed | Expert Advisors (EAs), algos and bots are permitted. FT+ warns that abusive automation can lead to bans and may require traders to submit their EA for approval before receiving a simulated-live FT+ Trader account. EAs may not be used to copy trade or hedge across multiple FT+ accounts. | Expert Advisors (EAs) are allowed, provided all activity remains compliant with BrightFunded’s daily/maximum loss rules and non-authorized-practices policies. | Expert Advisors (EAs) and automated trading tools are not allowed. |
| KYC & Restrictions | |||
| KYC Required | Yes | Yes | No |
| KYC Stage | KYC / identity checks are required at the FT+ Trader stage (simulated-live funded accounts), typically to confirm account ownership and support withdrawal processing under compliance requirements. | KYC is required to activate a Funded Star account after passing Phase 2, and BrightFunded uses SumSub for identity verification (typically government-issued ID plus proof of address). Activation also includes a security check by the risk team before the trader contract is issued. | KYC/AML verification is required before the first payout. Traders may need to provide government‑issued ID and proof of address to satisfy compliance checks. |
| Restricted Countries | North Korea Myanmar Cuba Syria Iran Pakistan Vietnam | Cuba Iran North Korea Syria Vietnam | No specific list of restricted countries is published but services may not be available in sanctioned jurisdictions such as North Korea Iran Syria and other high‑risk regions. |
Funded Trading Plus
BrightFunded
Funded Firm