At A Glance: | |
Capital Access: | Funding options from $10,000 to $100,000 with the potential to scale up to $6,400,000. |
Profit Sharing: | Up to 80%. |
Trading Instruments: | Forex, indices, commodities, cryptocurrencies. |
Fees: | Evaluation Costs: $99 to $1,499, depending on the account size and program type. Instant Funding Costs: $199 to $1,499. |
Program Flexibility: | One-Step and Two-Step Evaluation Programs, plus Instant Funding. |
Reputation: | Managed by a team with deep experience in financial markets, offering tailored programs for traders at all levels. |
- Low sign-up fees, especially in Two-Step programs.
- Flexible funding options (One-Step, Two-Step, or Instant).
- No time limits on evaluation periods.
- Generous profit share up to 80%.
- News trading and automated trading allowed.
- Rapid account scaling with potential to trade up to $5.76 million.
- Support from senior traders and access to training courses.
- Strict profit targets (10% for One-Step and first phase of Two-Step).
- Absolute drawdown limits can be challenging (8%).
- Evaluation fees are non-refundable if you fail.
- Limited trading instruments compared to some competitors.
FTUK Review
Overview of FTUK
FTUK has carved out a niche in the proprietary trading industry by offering a versatile approach that caters to both seasoned traders and newcomers. This firm provides traders with the option to choose between a One-Step or Two-Step evaluation program or to bypass evaluations entirely with their Instant Funding Program. This flexibility ensures that traders can start trading in a way that best suits their experience level and risk tolerance. One of FTUK’s standout features is the potential for traders to access up to $5,760,000 in virtual capital, providing a robust platform to execute and refine trading strategies on a large scale. The firm also offers rapid account scaling opportunities, allowing traders to significantly grow their capital and profits over time. With an attractive profit share of up to 80%, FTUK ensures that traders are well-compensated for their success, making it a compelling choice for those looking to maximize their earnings. FTUK supports traders with a user-friendly interface and access to popular trading platforms like cTrader, DXtrade, and Match Trade, further enhancing the trading experience. Whether you’re looking to build a long-term trading career or seeking immediate access to substantial capital, FTUK provides the tools, flexibility, and financial incentives to help traders achieve their goals.
Why FTUK Stands Out
FTUK’s approach to prop trading is as dynamic as the markets themselves. The firm understands that not every trader fits into the same mold, which is why they offer a range of options tailored to different trading styles and experience levels. This means you can start trading with a level of flexibility that’s hard to find elsewhere. Flexible Evaluation and Instant Funding FTUK offers both One-Step and Two-Step evaluation programs. The One-Step is straightforward and designed to get you funded quickly, ideal for traders with some experience. The Two-Step, meanwhile, is perfect for those starting out, offering a lower sign-up fee and a more thorough evaluation to ensure long-term trading success. If you prefer to skip the evaluation altogether, you can opt for instant funding, giving you immediate access to up to $5,760,000 in virtual capital. This flexibility ensures that traders at any stage of their career can find a suitable entry point. Up to $5.76 Million in Virtual Capital One of the most attractive features of FTUK is the opportunity to trade with up to $5.76 million in virtual capital. This allows you to execute strategies at a scale that can significantly enhance your potential returns. 80% Profit Share FTUK’s profit-sharing model is designed to reward success. With up to 80% of profits going to the trader, you can be sure that your efforts and skills are well-compensated. This generous profit split makes FTUK one of the most lucrative options in the prop trading world.
FTUK’s Evaluation Program
Program Structure: FTUK offers two distinct evaluation programs tailored for traders at different stages of their journey: - One-Step Evaluation: This program is a single-phase test designed for traders with some market experience. Traders must meet specific targets while adhering to FTUK’s trading rules. Upon passing, traders are moved to a funded account and can start earning real money. This program is ideal for confident traders who want a straightforward path to funding.
- Two-Step Evaluation: The two-step program includes an initial test followed by a second, more rigorous evaluation. This program is often more affordable and is great for traders who are newer to the markets. The rules in the second step are slightly adjusted to ensure the trader’s consistency and skill, helping them become better traders over time.
- Capital: $10,000 (Fee: $179), $25,000 (Fee: $229), $50,000 (Fee: $399), $100,000 (Fee: $649)
- Profit Target: 10%
- Trailing Drawdown: 8%
- Leverage: Up to 50:1
- Minimum Trading Days: 4
- Program Benefits:
- Single-phase evaluation
- Fast track to being funded
- Refundable fee upon successful completion
- Available add-ons: Weekly Withdrawal (+20%), News Trading (+20%), Level 7 Activation (+10%)
- Capital: $10,000 (Fee: $99), $25,000 (Fee: $179), $50,000 (Fee: $269), $100,000 (Fee: $499)
- Step One Rules:
- Minimum Trading Days: 3
- Max Trading Days: None
- Static Drawdown: 8%
- Daily Drawdown: 5%
- Scaling Target: 10%
- Stop Loss: Not mandatory
- Weekend Hold: Yes
- Step Two Rules:
- Minimum Trading Days: 3
- Max Trading Days: None
- Static Drawdown: 8%
- Daily Drawdown: 5%
- Scaling Target: 5%
- Stop Loss: Not mandatory
- Weekend Hold: Yes
- Program Benefits:
- Lower sign-up fee
- Refundable fee upon successful completion
- Available add-ons: Weekly Withdrawal (+20%), News Trading (+20%), Level 7 Activation (+10%)
- Capital: $10,000 (Fee: $199), $25,000 (Fee: $374), $50,000 (Fee: $749), $100,000 (Fee: $1,499)
- Profit Target: 10%
- Static Drawdown: 6%
- Leverage: Up to 50:1
- Minimum Trading Days: 3
- Program Benefits:
- No evaluation phase required
- Immediate start with a live account
- Bi-weekly withdrawals
- Weekend holding allowed
- Profit share up to 80%
- Available add-ons: Weekly Payouts (+10%), No Stop Loss (+20%), Unlock Level 7 (+20%)
Scaling Plans
No matter which account you start with, FTUK offers all traders the opportunity to scale their accounts quickly. Traders who demonstrate exceptional consistency and risk management can access trading capital up to $6,400,000 through our scaling plans. One-Step Scaling:
For traders opting for the One-Step Evaluation, scaling up your account is straightforward and rewarding. As you progress through the levels, your trading capital and profit share increase, providing you with greater opportunities and flexibility.Two-Step Scaling:
For those who prefer the Two-Step Evaluation, scaling your account follows a structured and secure progression. Upon completing each step, your account size increases while maintaining a consistent profit share.Instant Funding Scaling:
With Instant Funding, you can begin with a smaller initial capital and quickly scale up as you demonstrate your trading prowess. This option is perfect for traders looking to start strong and grow their capital rapidly.How It Works
- Start: Select the account size that matches your trading needs—$10,000, $25,000, $50,000, or $100,000. Then, pick the type of account that suits your trading style: One-Step Evaluation, Two-Step Evaluation, or Instant Funding.
- Customize: Tailor your account to fit your trading preferences, whether that means trading without a stop loss, engaging in news trading, or opting for weekly payouts. You can also choose your preferred trading platform from DXTrade, MatchTrade, or cTrader.
- Trade: Once your account is set up, you’ll receive your FTUK trading credentials. Login and start trading with virtual capital, following clear and fair trading rules. Prove your ability to manage risk and trade consistently.
- Profit: Meet your profit targets, and you’ll be rewarded with up to 80% of the profits. Withdraw your share and continue to grow your account.
- Scale: As you demonstrate consistent success, FTUK will increase your account size, providing you with more capital and greater opportunities for growth.
Why Choose FTUK?
FTUK stands out in the prop trading world due to its customizable account options, high profit shares, and commitment to trader success. Whether you’re looking to refine your trading skills or start with significant capital, FTUK provides the flexibility and resources you need to succeed. With a focus on trader support, rapid scaling, and a straightforward trading environment, FTUK empowers you to reach your trading potential and achieve your financial goals. Key Features
- Flexible Account Customization FTUK allows you to tailor your trading account to fit your specific needs. Choose your account size, pick between One-Step or Two-Step Evaluation, or opt for Instant Funding. Customize your trading experience with options like no stop-loss, news trading, and weekly payouts.
- Rapid Scaling Opportunities As you demonstrate consistent success, FTUK will quickly scale your account, providing more capital and greater trading opportunities. This rapid scaling process is designed to help you grow your trading potential and profits.
- High Leverage With leverage up to 1:100, FTUK enables you to maximize your returns while effectively managing risk. This high leverage allows you to enhance your trading strategy without restrictive exposure limits.
- No Time Limits FTUK offers the freedom to complete your evaluation at your own pace, without strict deadlines. This flexibility is ideal for traders who prefer a stress-free trading environment.
- User-Friendly Trading Platforms FTUK partners with advanced trading platforms like DXTrade, MatchTrade, and cTrader, offering a range of tools and features to enhance your trading experience. These platforms support various trading strategies and styles, ensuring a seamless and efficient trading process.
- Simple and Clear Drawdown Rules FTUK’s straightforward drawdown rules are designed to protect your capital while giving you the flexibility to trade effectively. Whether you choose static or trailing drawdown options, the rules are clear and easy to follow, helping you focus on what matters—your trading success.
Competitor Comparison
When compared to other prominent prop firms like FTMO and Funding Pips, FTUK offers a distinctive set of features designed to meet the diverse needs of traders globally. FTUK stands out with its customizable evaluation process, instant funding options, and transparent drawdown rules, making it an appealing choice for traders seeking flexibility and rapid account scaling.Feature | FTUK | FTMO | Funding Pips |
Evaluation Stages | 1, 2, or Instant Funding | 2 | 1, 2 or 3 |
Evaluation Period | No time limit | No time limit | No time limit |
Profit Split | 80% | 90% | 80% |
Maximum Drawdown | 8% | 10% | 6% |
Account Sizes | $10k – $400k | $10k – $200k | $5k – $100k |
Scaling Program | Yes | Yes | Yes |
Commission Fees | Lower | Standard | Standard |
- Evaluation Stages: FTUK offers significant flexibility with the choice between a One-Step or Two-Step Evaluation, or Instant Funding. In contrast, FTMO requires a Two-Step process, while Funding Pips offers up to three stages depending on the program.
- Evaluation Period: All three firms provide the flexibility to complete evaluations without strict deadlines, allowing traders to progress at their own pace.
- Profit Split: FTUK and Funding Pips offer an 80% profit split, which is competitive, though FTMO provides a slightly higher profit split at 90%.
- Maximum Drawdown: FTUK allows for an 8% drawdown, which is more restrictive than FTMO’s 10% but more lenient than Funding Pips’ 6%.
- Account Sizes: FTUK offers account sizes ranging from $10k to $100k, which is on par with Funding Pips, but slightly smaller compared to FTMO’s $10k to $200k range.
- Commission Fees: FTUK distinguishes itself with lower commission fees, making it a more cost-effective option compared to the standard fees charged by FTMO and Funding Pips.
Trader Testimonials
Here are some trader testimonials for FTUK: “Everything was very clear and upfront as they have no additional/hidden charges after purchase. Once you make the purchase of the account, you don’t have to pay for anything extra!” – Mohamed, August 05, 2024
“Customer support team is so outstanding, especially during the account migration that happened. First, they sent me an email prior to it so I was aware, and their live chat was available to clear any further doubts.” – Ali Khan, May 31, 2024
Capital Access
FTUK provides traders with a robust range of starting capital options, beginning from $10,000 and extending up to $100,000. This flexible capital allocation can expand significantly based on the trader’s performance. As traders achieve specific performance milestones, they have the potential to scale their trading capital up to an impressive $6,400,000. This scalable approach is designed to reward traders who consistently demonstrate strong performance, making it an appealing option for those looking to grow their trading capacity substantially.Profit Split
One of FTUK’s standout features is its attractive profit-sharing structure. Traders can retain up to 80% of their profits, which is among the most competitive in the industry. This high profit split ensures that traders’ interests are well-aligned with the firm’s objectives, incentivizing them to maximize their performance and generate higher returns. This setup is particularly advantageous for traders who excel at creating profitable trades and wish to benefit from a significant share of their earnings.Instruments
FTUK offers a diverse selection of trading instruments, including forex, commodities, indices, and cryptocurrencies. While the range is comprehensive, it might not be as extensive as some other proprietary trading firms’ offerings. Nevertheless, FTUK provides a solid foundation for traders interested in exploring various asset classes and diversifying their trading strategies.Education
Education is a critical component of FTUK’s support structure. The firm offers access to experienced mentors and a variety of training courses designed to enhance traders’ skills and market understanding. These educational resources cover a wide range of topics, from strategy development to in-depth market analysis, ensuring that traders have the knowledge and tools needed to succeed in their trading endeavors.Flexibility
FTUK provides two main trading programs: the Evaluation Program and Instant Funding. The Evaluation Program allows traders to prove their skills and achieve performance milestones to access higher capital levels. In contrast, the Instant Funding program offers immediate access to trading capital, catering to traders who prefer to bypass the evaluation phase. This dual-program approach accommodates different trading styles and risk appetites, providing flexibility for traders to choose the option that best suits their needs.Reputation
Since its inception in February 2021, FTUK has quickly established a reputation in the proprietary trading space. Known for its innovative approach to capital scaling and its commitment to providing a risk-free environment for traders, FTUK has made significant strides in enhancing its services and expanding its offerings. The firm’s move to the US in 2023 marks a new phase of growth and international presence.Extras
A notable feature of FTUK is its fast-scaling program, which allows traders to significantly increase their trading capital as they meet specific performance milestones. This feature is designed to reward consistent trading success and provide a clear path for growth. Additionally, FTUK offers a one-time payment model for its programs, simplifying financial commitments for traders.
FTUK In-Depth
Low-Risk Trading
FTUK’s virtual capital model is designed to minimize financial risk for traders. By providing virtual funds, traders can engage in trading activities without risking their own money. This model is ideal for both beginners and experienced traders looking to refine their strategies in a controlled, low-risk environment.High Profit Split
With a profit-sharing structure that allows traders to keep up to 80% of their profits, FTUK offers a highly competitive profit split. This structure is intended to align traders’ interests with those of the firm, motivating them to perform at their best and maximize profitability.Fast Scaling Plan
FTUK’s scaling plan enables traders to significantly increase their trading capital as they achieve specific performance targets. This fast-scaling feature provides a clear pathway for growth and rewards traders for their consistent success.
FTUK Evaluation Rules and General Guidelines
Rules for Assessment
To succeed in FTUK’s Evaluation Program, traders must achieve a 10% profit target with an 8% absolute drawdown. This evaluation is designed to assess traders’ risk management skills and their ability to generate consistent profits. Meeting these criteria is crucial for advancing to higher capital levels.General Rules
FTUK emphasizes disciplined trading and adherence to its rules. Traders must maintain responsible risk management practices and follow the firm’s guidelines to excel in the evaluation process. Consistency and adherence to the firm’s standards are key to succeeding in this program.Consistency in Trading
FTUK emphasizes the importance of consistency in trading. Traders are expected to demonstrate logical and consistent risk management throughout their trading month. While FTUK does not impose strict limits on risk or lot sizes, traders should adhere to the following guidelines:- Consistent Risk: Traders should use a consistent level of risk each day.
- Consistent Trading Style: Traders should maintain a consistent trading style throughout the month. If multiple styles are used, they must be applied consistently.
- Avoid Drastic Risk Changes: Traders should not increase their risk drastically at any point.
What Happens with Inconsistencies?
If inconsistencies are found, traders will still receive their payouts. However, FTUK will review the trader’s performance to address any issues and help them improve. Instead of penalizing traders for inconsistent behavior, FTUK uses this feedback to provide guidance and support for faster growth. This approach ensures that traders are given ample opportunity to refine their skills and achieve success.
FTUK Learning Center
Course Offerings
FTUK’s Learning Center provides a range of training courses aimed at improving traders’ skills. These courses cover various aspects of trading, from strategy development to market analysis, equipping traders with the knowledge needed to enhance their trading performance.Inside the Learning Center
Traders have access to a wealth of educational resources, including webinars, tutorials, and one-on-one mentoring sessions with experienced traders. These resources are designed to help traders build their knowledge base and improve their trading strategies.
What We Think About FTUK
FTUK presents a compelling proposition for traders of all experience levels. The firm’s dual-program structure offers flexibility, allowing traders to choose between the Evaluation Program and Instant Funding. Both programs are designed with scalability in mind, making FTUK a strong choice for traders looking to expand their trading accounts significantly. The firm’s supportive environment, generous profit splits, and innovative scaling options position FTUK as a notable player in the proprietary trading space. Strengths
- Flexible options for both new and experienced traders.
- High profit split (up to 80%).
- Significant capital scaling opportunities.
- Comprehensive trader support and educational resources.
Weaknesses
- Strict drawdown limits may challenge some trading styles.
- Higher fees for instant funding.
- Limited range of trading instruments compared to some competitors.
Background of FTUK
Vision and Mission
FTUK aims to revolutionize forex trading by providing virtual capital, eliminating the financial risks associated with live trading accounts. The firm is dedicated to making trading accessible and affordable for all traders, regardless of their financial background. By offering virtual capital, FTUK allows traders to focus on honing their strategies without the stress of potential financial loss. The firm supports traders with expert advice and comprehensive training, helping them improve their trading skills and achieve success.Timeline and Milestones
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February 2021 – The Beginning: FTUK was established with a mission to enhance proprietary trading and offer superior services to forex traders globally. The firm quickly gained recognition with its instant funding program, reflecting its commitment to rapid growth and innovation.
- October 2021 – Evaluation & Indices: The introduction of the Evaluation Program marked a significant expansion, providing a more affordable entry point for traders. Additionally, FTUK broadened its range of tradeable instruments to include indices, further enhancing trading opportunities.
- February 2022 – Trade in USD & EUR: FTUK introduced USD and EUR funding accounts, increased the maximum funding to $5,760,000, and rebranded its website to better reflect its expanded services and commitment to high-quality trading solutions.
Conclusion: Is FTUK the Right Prop Firm for You?
FTUK offers a comprehensive and trader-friendly platform suitable for those looking to advance their trading career. With a robust evaluation process, competitive profit splits, and a supportive trading environment, FTUK is an excellent choice for traders at various levels of experience. Whether you’re just starting out or seeking to scale your trading to new heights, FTUK provides the necessary tools and resources to help you succeed. If you’re ready to elevate your trading, FTUK might be the perfect partner for your journey. Getting Started with FTUK
How to Start Trading with FTUK
To begin trading with FTUK, visit their order page and select the program you wish to sign up for. You will need to choose options such as the program type, account balance, and trading platform. Following this, you’ll be required to make a one-time payment. Payments can be made using a debit card, credit card, or via your crypto wallet through Confirmo. Please note that you must be at least 18 years old at the time of purchase.Contact Information
- Location: FTUK Inc. was established in February 2021 and relocated to the US in 2023. Our CEO is Nicholas Quinn.
- Regulation: FTUK is a privately owned brand and does not operate as a financial institution, broker, or broker marketing platform. It adheres to regulatory requirements in the US.
Verification (KYC)
Before requesting a payout, you must verify your identity through our Know Your Customer (KYC) portal. Verification can be completed via:- FTUK dashboard → Settings → Verify. Accepted documents include:
- Driver’s License
- Passport
- National Identity Card
- Government-Approved Identification
Contacting Client Services
FTUK offers several ways to get in touch with our Client Services team:- Live Chat Support: Available on their website from the bottom-right corner. Support is available 7 days a week, with specific hours provided.
- Tickets: Submit a ticket for account-specific issues. A response will be provided within 24 hours.
- Email: Reach FTUK at support@ftuk.com.
- Discord: Join their thriving community of over 4,000 traders on our Discord Server for quick responses and engaging discussions.
- Social Media: Connect with them on Facebook, YouTube, and Instagram.