FTUK Forex prop firm review – Reliable firm with diverse funded options and discounts

FTUK prop firm is a popular prop trading company that has been around for some time now. It was launched in 2022 and has a 4.1 score on Trustpilot. The firm offers diverse funded options from 10k to 100k USD on several account types. Traders can select between instant, one-step, and two-step funded challenges. The profit target is up to 80% once the trader passes the evaluation and starts trading for profits. With these many challenges, FTUK is suitable for both beginners and professionals.

To define whether the firm is truly reliable we will conduct an unbiased FTUK review where we assess the firm’s safety, rules, funded options, fees, platforms, support, and many more.

Overall

FTUK prop trading is a reliable and legit Forex prop trading brand that has been around since 2022. The firm offers funded options from 10k to 100k USD, with a maximum scaling of up to 6.4 million dollars. There are three funded challenge types, 1-step, 2-step, and instant, allowing the trader to flexibly choose their suitable type. The profit share is up to 80% which is also average for the prop trading sector, and traders have to maintain strong risk control to pass challenges, except for instant funding which allows them to start trading for profits right away.

Pros & cons of FTUK prop firm

Pros

• ✅ Offers flexible funded account options, including instant, one-step, and two-step challenges
• ✅ Provides a high scaling plan of up to 6.4 million USD
• ✅ Supports advanced trading platforms such as cTrader, DXTrade, and Match-Trader
• ✅ There is a 14-day free trial

Cons

• 🚫 No smaller funding options below 10k USD
• 🚫 Does not offer advanced educational resources
• 🚫 Customer support is only available in English

Safety of FTUK

FTUK reviews are lacking on the FPA, as the firm has been around since 2022. The reviews on Trustpilot are mostly positive, and the firm has a 4.1 score, which is very high overall. Despite being around only since 2022 the firm has 2+ years of experience in the industry. All trading services are provided by regulated brokers and liquidity providers, which is very important for their safety.

Overall, FTUK seems a legit and reliable prop trading firm that has overall positive reviews, and trading is backed by regulated brokers.

FTUK Funding and maximum capital allocation

FTUK funded programs are diverse and include instant, 1-step, and 2-step funded challenge types. Traders need to pass one phase on a 1-step account to get funded while in 2-step challenges, they should hit the profit target twice instead of once. The instant account is a challenge that allows traders to start trading for profits right away without the need for evaluations.

FTUK funding options are diverse and include 10k, 25k, 50k, and 100k USD options for all three funded challenge types. Traders should trade on an instant account minimum of 1 day to be eligible for withdrawals.

FTUK challenges do not offer smaller funded options such as 5k or 1k, which makes it not entirely suitable for absolute beginners.

FTUK scaling plan is divided into 7 levels, where traders can start and scale their accounts. Depending on the starting balance, the scaling ceiling is different from account to account. Here is the list of funded options and corresponding maximum scaling amounts:

• Funding option: 10,000 USD – maximum scaling on level 7: 640,000 USD
• 25k USD – 1.6 million USD
• 50k USD – 3.2 million USD
• 100k USD – 6.4 million USD

As we can see, FTUK offers one of the highest scaling ceilings among all prop trading firms, making it very competitive.

FTUK Assets

FTUK prop trading assets are diverse and include Forex pairs, indices, commodities, and cryptos. There are almost 20 different cryptos available on the FTUK platforms and Forex pairs include majors, minors, and exotics as well. One-step and instant funded challenges have the same leverage limits. Instant and one-step start from 1:10 and are increased together with a scaling level of up to 1:50 on level 7. The Two-step accounts start from 1:30 and go up to 1:100.

Overall, FTUK offers flexible choices when it comes to trading assets and leverage levels, but lacks other popular asset classes such as stocks or futures.

FTUK Trading rules and limitations

FTUK rules are slightly different depending on the funded challenge account selected. The instant account does not require a profit target, while other accounts set certain profit targets for traders to achieve in order to pass. Let’s consider the rules for each funded challenge type.

FTUK Instant funding challenges require the following rules:

• Profit target – None
• Minimum trading days – 1
• Daily drawdown – None
• Static drawdown – 6%
• Weekend hold – Yes
• Scaling target – 10%

One-step FTUK funded challenge has the following rules:

• Minimum trading days – 4
• Daily drawdown – 4%
• Static drawdown – 8%
• Weekend hold – Yes
• Scaling target – 10%

The two-step FTUK challenge requires traders the following:

• Minimum trading days – 3
• Daily drawdown – 5%
• Static drawdown – 10% (phase 1), 5% (phase 2)
• Weekend hold – Yes
• Scaling target – 10% (phase 1), 5% (phase 2)

Traders can have open orders overnight, which is attractive for swing traders and trend traders. Trading bots and Expert Advisors (EAs) are permitted at FTUK as well.

FTUK Fees

The fees at FTUK are slightly expensive from 99 dollars, but traders can use a code to discount all pricing by 25% and progress to level 7 instantly. Each of the funded account types offers different one-time fees for each funding option. Here is the list to compare them better.

FTUK instant accounts have the following one-time fees:

• Funded option: 10k USD – one-time fee: 199 USD
• 25k USD – 374 USD
• 50k USD – 749 USD
• 100k USD – 1,499 USD

The FTUK One-step funded challenge has the following fee requirements:

• Funded option: 10k USD – one-time fee: 179 USD
• 25k USD – 229 USD
• 50k USD – 399 USD
• 100k USD – 649 USD

The Two-step funded challenge by FTUK requires the following one-time fees:

• Funded option: 10k USD – one-time fee: 99 USD
• 25k USD – 179 USD
• 50k USD – 269 USD
• 100k USD – 499 USD

As we can see, the two-step 10k USD funding accounts are the cheapest, starting at 99 USD. Traders can reduce this fee further via the discount code by 25% and start trading on level 7 right away with added benefits.

FTUK free trial is offered at the moment, but the FTUK free repeat is not supported either. Overall, the firm has competitive fees and allows traders to get lower prices using discount events. There is a 14-day free trial allowing traders to check the services and conditions offered by FTUK which is very good for testing strategies before purchasing a challenge.

FTUK Platforms

FTUK offers three popular and advanced trading platforms including DXTrade, Match-Trader, and cTrader. DXTrade and Match-Trader are designed for prop trading and offer many useful features, such as a built-in trader dashboard. From this dashboard, traders can access most of the features offered by the firm and manage their challenges. cTrader, on the other hand, is a generally advanced trading platform for Forex and CFDs and offers better features including custom indicators and trading robots. So, if a trader wants to use automated trading software or custom indicators, cTrader is a better choice, while the remaining ones offer better flexibility for prop trading with their built-in dashboards. FTUK allows trading robots.

FTUK Profit-Sharing

FTUK profit split starts from 50% on level 1, which is when the trader becomes funded. This is low, and traders have to progress to higher levels to scale their accounts and increase profit share. Here is the list of profit-sharing percentages for each level:

• Level 1 – 50%
• Level 2 – 60%
• Level 3 – 60%
• Level 4 – 70%
• Level 5 – 70%
• Level 6 – 80%
• Level 7 – 80%

This policy makes it a difficult and lengthy process to actually achieve the 80% profit split, which is inconvenient. Withdrawals are quick, and processing times are also low between 1-2 business days, which is positive for the firm.

Education and trading tools at FTUK

When it comes to educational resources, FTUK does not provide any advanced trading courses, webinars, or video games. There is a trading blog which offers posts about market insights and the firm’s services, but it can not be used for trading education.

Customer Support at FTUK

FTUK customer support is high-quality and offered via live chat and email options. The firm also offers an online form, which is a form of email support. There is no phone support offered, but the firm discloses its address. Both the website and support channels of FTUK prop trading firm are only available in the English language, which is a minor drawback for the firm.

Frequently Asked Questions on FTUK