FTUK is a proprietary trading firm that offers traders access to virtual capital, enabling them to trade without personal financial risk. Established in 2021, FTUK has rapidly expanded its reach, serving clients across 133 countries and facilitating over 30,000 accounts since its inception.
Account Options
FTUK provides three primary account types to accommodate various trading preferences:
Instant Funding: Traders receive immediate access to capital, with account sizes ranging from $10,000 to $100,000. This option allows for swift engagement in the markets without preliminary evaluations.
One-Step Evaluation: This program requires traders to meet specific profit targets in a single evaluation phase. Upon successful completion, traders are granted funded accounts, with initial balances starting at $10,000.
Two-Step Evaluation: Involving a more comprehensive assessment, this program consists of two phases where traders must achieve designated profit targets. Successful candidates receive funded accounts, with sizes beginning at $10,000.
Profit Sharing and Scaling
FTUK offers an attractive profit-sharing model, allowing traders to retain up to 80% of their profits. Additionally, the firm has implemented a scaling plan that enables traders to double their trading capital each time they achieve a 10% profit target, with the potential to manage accounts up to $6.4 million.
Trading Platforms
To ensure a seamless trading experience, FTUK supports several advanced trading platforms, including DXTrade, Match-Trader, and cTrader. These platforms are equipped with features such as built-in trader dashboards, facilitating efficient account management and strategy execution.
Risk Management and Flexibility
FTUK emphasizes robust risk management by setting clear parameters:
Daily Drawdown Limit: Typically set at 5%, this limit helps prevent significant daily losses.
Overall Drawdown Limit: Varies between 6% to 10%, depending on the chosen account type, ensuring long-term capital preservation.
The firm also offers flexibility in trading strategies, permitting overnight holds and news trading, thereby accommodating diverse trading styles.
Reputation and Reviews
FTUK has garnered positive feedback from the trading community. Users have praised its transparent rules, prompt payouts, and supportive customer service. The firm's commitment to providing a fair and conducive trading environment has been highlighted in various reviews.
Fees and Refunds
The initial fees for FTUK's programs vary based on the chosen account type and size. Notably, these fees are refundable upon the successful completion of evaluation phases, reflecting the firm's dedication to rewarding proficient traders.
Global Reach and Payout Efficiency
FTUK's impressive global footprint includes clients from over 133 countries. In 2024 alone, the firm processed payouts exceeding $1 million, with an average payout time of just one hour, underscoring its efficiency and reliability.
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