Unveiling the Similarities and Differences: A Comprehensive Analysis of Funded Trading Plus and FTMO
Phase 1 Profit Objective: A Common Goal
In the realm of funded trading, Funded Trading Plus and Ftmo share a common aspiration: a 10% profit target for Phase 1. This goal serves as a benchmark for traders, guiding their strategies and risk management.
Phase 2 Profit Target: A Slight Variation
5 key aspects of UProfit
- Phase 1 and 2 profit targets: 10% and 5% (FTP) / 10% and 6% (FTMO)
- Maximum daily loss limit: 5%
- Total Loss Limit: 10% (FTP) / 12% (FTMO)
- Minimum trading days: Flexible (FTP) / 4 days (FTMO)
- Profit Sharing: 80-100% (FTP) / 80-90% (FTMO)
As traders progress to Phase 2, the profit target undergoes a slight adjustment. Funded Trading Plus maintains a 5% target, while Ftmo requires a slightly higher 6% return. This variation reflects the differing risk appetites and trading philosophies of the two firms.
Maximum Daily Loss Limit: A Cap on Risk
To mitigate potential losses, both Funded Trading Plus and Ftmo implement a 5% maximum daily loss limit. This safeguard ensures that traders exercise prudence in their trading decisions and prevents excessive drawdowns that could jeopardize their accounts.
Total Loss Cap: A Safety Net
5 key aspects of UProfit
- Phase 1 and 2 profit targets: 10% and 5% (FTP) / 10% and 6% (FTMO)
- Maximum daily loss limit: 5%
- Total Loss Limit: 10% (FTP) / 12% (FTMO)
- Minimum trading days: Flexible (FTP) / 4 days (FTMO)
- Profit Sharing: 80-100% (FTP) / 80-90% (FTMO)
Funded Trading Plus and Ftmo provide a safety net in the form of a total loss cap. Funded Trading Plus sets a 10% maximum trailing loss, while Ftmo adheres to a 12% maximum loss. These caps act as a buffer, protecting traders from catastrophic losses that could wipe out their accounts.
Minimum Trading Days: Flexibility vs. Discipline
Funded Trading Plus embraces flexibility by not imposing minimum trading days. This approach allows traders to tailor their trading schedules to their individual preferences and lifestyles. In contrast, Ftmo requires a minimum of 4 calendar days of trading, instilling discipline and encouraging consistent market participation.
Maximum Trading Period: Unlimited Time to Succeed
5 key aspects of UProfit
- Phase 1 and 2 profit targets: 10% and 5% (FTP) / 10% and 6% (FTMO)
- Maximum daily loss limit: 5%
- Total Loss Limit: 10% (FTP) / 12% (FTMO)
- Minimum trading days: Flexible (FTP) / 4 days (FTMO)
- Profit Sharing: 80-100% (FTP) / 80-90% (FTMO)
Both Funded Trading Plus and Ftmo grant traders an unlimited trading period for Phase 1 and Phase 2. This generous timeframe provides ample opportunity for traders to achieve their profit targets without the pressure of arbitrary deadlines.
Profit Sharing Structure: A Reward for Success
Funded Trading Plus offers a competitive profit split ranging from 80% to 100%, incentivizing traders to maximize their returns. Ftmo, on the other hand, offers a slightly lower range of 80% to 90%, reflecting its focus on risk management and sustainable trading practices.
Premium Trader Program: Enhanced Flexibility
5 key aspects of UProfit
- Phase 1 and 2 profit targets: 10% and 5% (FTP) / 10% and 6% (FTMO)
- Maximum daily loss limit: 5%
- Total Loss Limit: 10% (FTP) / 12% (FTMO)
- Minimum trading days: Flexible (FTP) / 4 days (FTMO)
- Profit Sharing: 80-100% (FTP) / 80-90% (FTMO)
Funded Trading Plus’ Premium Trader Program stands out with its enhanced flexibility. It features an 8% Phase 1 profit target and a 5% Phase 2 target, providing traders with a more achievable path to success. Moreover, it eliminates minimum and maximum trading day requirements, allowing traders to trade at their own pace.
