Our Premium Trader Program is a 2 phase evaluation account in which you must pass two phases of the evaluation in order to be upgraded to the FT+ Trader account. Upon passing, subject to the usual processing and review, you will then receive a FT+ Trader simulated live account. In this final phase, you would be able to request a withdrawal from the account, paid in real-world funds.
Passing the Premium Trader Program is as simple as achieving the 8% simulated profit required, whilst remaining within the Drawdown allowances on the phase one account. Once passed, you are automatically upgraded to the phase two account, and the details will be sent shortly after passing phase 1. To pass phase 2, you are only required to achieve a 5% profit target, whilst also remaining within the drawdown allowances. The Premium Trader Program operates with a Relative Trailing Maximum drawdown allowance of 8%, and the Daily Drawdown loss limit of 4%.
The Relative Maximum Drawdown (Maximum Simulated Loss) on the Premium Trader Program is balance based. The Daily Drawdown (Daily Simulated Loss) is calculated from your closed balance of the prior trading day, when it resets at 23:59 server time, every day.
The drawdown types are all explained in more detail, in the Help Center offered by FT+, in the Drawdown Information folder, which can be found by clicking here.
The Premium Trader Program FT+ Trader Simulated live account allows you to make your first withdrawal request 7 days after receiving the account. The minimum withdrawal amount is $50, and you can make this request from day 7. All subsequent withdrawal requests would be every 7 days thereafter.
The Premium Trader Program comes with clear and simple rules:
- Profit target of 8% simulated profit for phase 1, a profit target of 5% for phase 2.
- 8% Relative Max drawdown (Maximum Simulated Loss)
- 4% Daily Drawdown (Daily Simulated Loss)
- You can hold overnight and over weekend
- No Stop Loss requirement
To view all information regarding the Premium Trader Program on our website, you can click here.
The scaling target for the Premium Trader Program is 10% on the upgraded FT+ Trader simulated live account. Making a scale request for this program has the following conditions to be met in order to reach the next level:
- Your closed balance on your FT+ Trader simulated live account must hit the scaling target for your account (see scale table below).
- No open trades at the time of scaling request (account will be disabled while the scale is actioned, and re-enabled once complete)
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The 10% simulated profit required must be in the closed balance at the time of the scale. You must have achieved 10% of new profit at that level in order to scale to the next level. Profit from previous levels is not counted towards the next level, meaning you cannot “skip” levels.
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Subject to risk review upon scaling request
| FT+ Account Starting Balance | Profit Required To Scale | Minimum Balance Required For Next Level | New Minimum Starting Balance After Scale | New Static Drawdown Amount After Scale |
| $25,000 | $2,500 | $27,500 | $52,500 | $50,000 |
| $50,000 | $5,000 | $55,000 | $105,000 | $100,000 |
| $100,000 | $10,000 | $110,000 | $210,000 | $200,000 |
| $200,000 | $20,000 | $220,000 | $420,000 | $400,000 |
| $400,000 | $40,000 | $440,000 | $840,000 | $800,000 |
| $800,000 | $80,000 | $880,000 | $1,680,000 | $1,600,000 |
| $1,600,000 | $160,000 | $1,760,000 | $2,660,000 | $2,500,000 |
| $2,500,000 | x | x | $5,250,000 | $5,000,000 |
All information regarding the scaling levels and conditions for this are also available on the Funded Trading Plus website. For the program page, please click here.
All accounts offer no time limits to complete evaluations or trade the FT+ Trader Simulated Live accounts. The only restriction is account activity, meaning you must keep your account active in any 30-day calendar period. In order to do this, you must place at least one trade (both open and close) in any 30-day period, to keep your account active. This applies to all evaluations and all FT+ Trader Simulated Live accounts
As always, if you have any queries, you can use our live chat, which is available 24 hours a day, on our website. You can also submit support tickets by emailing support@fundedtradingplus.com, and someone from the team will get back to you as soon as they are able.