Funded Trading Plus is a prop trading firm that offers funding for traders to trade Forex and other CFDs trading assets. The program offers different account sizes. Traders can scale up to $2,500,000 by showcasing consistent profitability. The firm offers a complete training and support package. This includes access to live trade rooms, trading psychology courses, and one-on-one sessions with professional traders.
With all the different programs Funded Trading Plus has, comes a burning question: Can You Hold Trades Over the Weekend with Funded Trading Plus? The blog aims to give traders a thorough understanding of holding trades over the weekend with Funded Trading Plus. It aims to assist them in making informed trading decisions.
Can You Hold Trades Over the Weekend with Funded Trading Plus?
Yes, you can hold trades over the weekend with Funded Trading Plus in certain programs. The Experienced Trader Program allows holding simulated trades over the weekend. While the Advanced Trader and Master Trader Programs do not allow holding trades over the weekend. As simulated trades are automatically closed on a Friday. Each program’s details outline specific rules and limits for holding trades over the weekend.
Experienced Trader Program
The rules and limits for the Funded Trading Plus Program’s Experienced Trader Program are as follows:
- Evaluation Type: Single Phase
- Profit Split: 80/20, with the potential to go up to 100.
- Profit Target: 10%
- Simulated Loss: Relative Simulated Loss is 6% and Daily Simulated Loss is 3%
- Trading Platform: The program uses a fully regulated broker, Eightcap.
These rules and limits are designed to provide a clear structure for traders participating in the Experienced Trader Program, allowing them to demonstrate their skills and progress to higher levels within the program.
Advanced Trader Program
The Advanced Trader Program in Funded Trading Plus has specific rules and limits, including:
- Simulated Trading: The program involves simulated trading. Traders cannot hold positions overnight; simulated trades automatically close daily.
- Profit Share: The profit split starts at 80/20 and has the potential to increase to 90/10.
- Loss Limits: The program sets daily simulated loss limits. Traders can adjust the maximum simulated loss limit based on their activity and profit withdrawals.
- Account Activity Requirement: Traders must make a simulated trade at least once every 30 days. This keeps their account active.
These rules and limits create a structured environment. Traders can showcase their skills and progress to higher program levels within a monitored setting.
Master Trader Programs
The Master Trader Program for Funded Trading Plus has rules and limits including:
- Simulated Trading: The program involves simulated trading. Traders cannot hold positions overnight; simulated trades automatically close daily.
- Profit Share: The profit split starts at 80/20 and has the potential to increase to 90/10.
- Loss Limits: The program sets daily simulated loss limits. Traders can adjust the maximum simulated loss limit based on their activity and profit withdrawals.
- Account Activity Requirement: Traders are required to place at least one simulated trade per 30 days to keep their account active.
These rules and limits establish a structured environment. Traders can showcase their skills and advance to higher levels within the program in a monitored setting.
Trading Instruments and Markets
Funded Trading Plus offers traders the opportunity to access various markets and trading instruments. Traders can participate in trading Forex, indices, commodities, metals, and cryptocurrencies. The program provides a diverse range of instruments, including:
- Forex: Major and minor currency pairs.
- Indices: All the majors, including Dax, Dow, Nasdaq, and SP500.
- Commodities: such as oil.
- Metals: including gold and silver.
- Cryptocurrencies.
Traders can engage in these markets and instruments, allowing for a broad and dynamic trading experience. The availability of these options enables traders to diversify their portfolios and explore different trading strategies.
About Funded Trading Plus
Funded Trading, a program, gives traders the chance to trade Forex and other CFDs trading assets with the resources of an institutional financial company. Traders can scale up to $2,500,000 as they consistently show profitability, with the program offering various account sizes. Funded Trading Plus offers different programs, each with its own set of rules and requirements, including:
- Experienced Trader Program
- Advanced Trader Program
- Master Trader Program
The program evaluates aspiring traders on their skills, strategies, and risk management abilities. Traders undergo simulated live conditions and can withdraw real funds after passing the evaluation. The program includes rules like daily simulated loss limits and restrictions on copy trading.
Funded Trading Plus doesn’t function as a traditional broker; traders are considered independent contractors. A leading scaling plan in the industry supports the program in helping underfunded traders access trading capital.
Profit splits range from 70% to 80%, depending on the account type, with unlimited time for completing assessment phases. Soft rules require consistent monthly profits for four months to scale up. The program allows unlimited time for completing assessment phases and increasing simulated funds in your account before closing access.
The program sets a daily drawdown limit, allowing traders to hold weekend trades. Funded Trading Plus provides access to diverse trading instruments like Forex, indices, commodities, metals, and cryptocurrencies. Traders receive leverage and risk management strategies, including expert advisors. The program, not a traditional broker, categorizes traders as independent contractors.
The program aids underfunded traders in accessing trading capital with a leading scaling plan. It’s ready-to-scale traders showing consistent profitability. An excellent option for those seeking access to capital and improving trading skills.
