When is KYC required at Funded Trading Plus, and how does the verification process work?

💡 Answer

Is KYC Required at Funded Trading Plus?

Yes

At what stage traders must go through identity verification at Funded Trading Plus?

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.

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Funded Trading Plus vs Funded Firm vs Maven Trading - Prop Firm Comparison (March 2026)

Side-by-side comparison of Funded Trading Plus vs Funded Firm vs Maven Trading. 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 March 2026.

Funded Trading Plus vs Funded Firm vs Maven Trading - Prop Firm Comparison (March 2026)
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...
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),...
Maven Trading
Maven Trading (MAVEN LLC) is a UAE-registered simulated proprietary trading platform offering 1-step, 2-step, 3-step evaluations plus Instant and 24-hour Maven Mini accounts, with an 80% profit split, MT5/Match Trader/cTrader access, and withdrawals typically available every 10 business days for...
Overview
Trustpilot Rating 4.4 0 0
Trustpilot Reviews 2,630 0 0
Headquarters Saint Lucia United Kingdom United Arab Emirates
Age (Years) N/A 2 N/A
Max Funding $400,000 $100,000 $1,000,000
Profit Split Start 80% 90% 80%
Profit Split Max 100% 100% 80%
Platforms MT5 cTrader Match-Trader DXtrade mt5 MT5 cTrader Match-Trader
Assets FX Indices Commodities Crypto Forex Precious Metals Indices Energies Cryptocurrencies Commodities Crypto Digital Etfs Forex Indices
Leverage
FX Leverage 30 100 75
Metals Leverage 30 100 20
Crypto Leverage 2 50 0
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%. 3–5 Maximum Daily LossMaven’s daily loss limits vary by program and are measured from the higher of balance or equity at 00:00 UTC (daily reset window). One-Step uses 3% daily drawdown, Two-Step uses 4%, and Three-Step uses 2%. Instant and Maven Mini accounts also use a 2% daily loss limit.
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. 6–10 Maximum Overall LossMaven’s overall loss rules depend on the account type: One-Step uses a 5% trailing max loss from the highest equity watermark; Two-Step uses an 8% static max loss from the initial balance; Three-Step uses a 3% static max loss from the initial balance. Instant and Maven Mini accounts use a 3% trailing max loss and also enforce a strict 1% maximum floating/open loss rule.
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. Fixed (daily 3–5% of starting equity; overall 6–10% of initial balance) Drawdown ModelMaven combines several drawdown models depending on the program: static drawdown (fixed from initial balance) on Two-Step and Three-Step, trailing drawdown (moves with equity highs) on One-Step, Instant and Maven Mini, and daily drawdown calculated from the higher of balance/equity at 00:00 UTC.
Payouts
Payout Frequency 7 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. Payout FrequencyFor One-Step, Two-Step, Three-Step and Instant accounts, Maven states withdrawals can be requested every 10 business days after your first trade. Maven Mini is a 24-hour program with payouts available on-demand within the 24-hour window (single payout; account closes after the first withdrawal).
Days to First Payout 0 7 10
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. 1 Payout ProcessingMaven Mini payouts are described as being processed the next day after the 24-hour trading period ends (subject to approval). For standard funded/instant accounts, withdrawals are requested on a 10-business-day cycle and are processed after compliance checks and the chosen payout rail (Rise/direct bank transfer) timing.
Payout Methods Crypto Bank Transfer Bank transfer UPI BTC USDT TRC20 USDT BEP20 USDT ERC20 Direct Bank Transfer Rise (and other options depending on residence)
Payments
Payment Methods Credit/Debit Card E-wallets Crypto UPI Bitcoin USDT TRC20 USDT BEP20 USDT ERC20 Credit/Debit Card (must match trader identity) Bank Transfer Cryptocurrency; additional regional checkout options may be available via payment partners
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 allowed on all account types. Traders may open and close positions during high‑impact news releases. News trading restrictions apply to evaluation and funded accounts: traders cannot open or close trades within 2 minutes before or after red-folder news events (ForexFactory), and profits generated in that window may prevent passing. Maven states the news rule does not apply to Instant and Mini accounts.
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. Overnight and weekend holding is allowed without restrictions. Weekend holdings are permitted for all account types (positions may be held over the weekend, subject to underlying market hours and instrument availability).
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 and mirroring strategies across accounts are prohibited. Copy trading from another individual is prohibited; if detected, both users may be breached/terminated. Maven treats cross-user copying and related ‘gamifying’ patterns (including reversing accounts) as cheating behavior.
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) and automated trading tools are not allowed. No. Maven states Expert Advisors (EAs) are not permitted across its platforms; automated trading use can prevent challenge passing and may lead to suspension/termination.
KYC & Restrictions
KYC Required Yes No Yes
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/AML verification is required before the first payout. Traders may need to provide government‑issued ID and proof of address to satisfy compliance checks. KYC is required when requesting a payout and may include identity, address and source-of-funds verification. Maven’s FAQ states checkout/KYC details must match government ID, only one email per person is allowed, and the payment card used must be in the trader’s name; Maven references Veriff for supported-country document coverage.
Restricted Countries North Korea Myanmar Cuba Syria Iran Pakistan 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. Afghanistan Belarus Burkina Faso Burundi Central African Republic Congo (Republic of the Congo) Cuba Eritrea Guinea Guinea-Bissau Guyana Haiti Iran Mali North Korea Russia Saint Lucia Sierra Leone Somalia South Sudan Sudan Ukraine Vanuatu Venezuela Yemen

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