Trading programs
Prop trading terminology can seem complex at first. But don’t worry, understanding the basics is pretty simple. All prop accounts have their own rules and procedures which the trader must follow. The most important factor to always keep in mind is that it’s all about measuring a trader’s ability to understand and manage risk.
One and two step accounts
Evaluation
programs
For all traders at any stage of their journey.
Think of evaluation programs as a test. We give you an account, a set of trading rules and a goal to hit. You show us what you can do. If you can manage your market risk in accordance to our rules then we’ll move you into a funded account and you can start earning real money.
One Step: programs are just a single test. They tend to suit traders who have some market experience, understand the rules and have confidence in their strategy and ability as a trader.
Two Step: programs retain the initial test but repeat a further test after step one has been completed and assessed. They tend to be cheaper programs and are great for traders just starting out.
The trading rules often change in the second step. This is to ensure the trader has really understood how to pass the evaluation and hasn’t relied on luck to hit the target. Whilst they can be harder to pass, they often produce better traders over the long term.
One Step
- Single phase evaluation
- 8% trailing draw down
- 10% scaling target
- Leverage up to 50:1
- 4 min trading days
- Fast Track to being funded
- Refundable Fee
Two Step
- Low sign up fee
- P1 10% P2 5% static draw down
- 10% profit target P1
- 5% profit target P2
- Leverage up to 100:1
- 3 min trading days
- Refundable Fee
Jump straight in and trade LIVE!
Instant funding
program
For confident traders who want to earn from day one.
Instant Funding Programs are built to mirror how a normal LIVE account might work at a retail brokerage. The trader doesn’t have to pass an evaluation and is paying for direct access to trade in LIVE market conditions from day one. The trader still has to follow all the account rules and manage their market risk in line with FTUK’s risk appetite however, they will be able to start earning profits as soon as they begin trading the account.
Instant Funding is a popular type of trading account and tends to suit traders with extensive market knowledge and experience.
Instant Funding
- No evaluation phase needed
- 6% static draw down
- 10% scaling target
- Leverage up to 50:1
- Only 1 minimum trading day
- Withdrawal bi-weekly
- Weekend Holding
- Profit share up to 80%
Trading programs built and designed to scale fast
We reward consistent traders. Your trading capital will double each time you hit the target.