FTUK Review and Analysis
Overview
FTUK, short for Funded Trader UK, is a London-based proprietary trading firm established in 2021. Since its inception, it has positioned itself as a firm that favors flexibility, speed, and trader autonomy over the rigid structures typically associated with evaluation programs. FTUK appeals to a wide spectrum of traders — from those seeking traditional two-step verification to those who want immediate access to capital through their instant funding model. By offering evaluation options with no deadlines and quick payout cycles, FTUK has earned attention as one of the more accessible and trader-friendly prop firms on the global stage.
Funded Accounts
Once funded, traders are given accounts that mirror their challenge structure in terms of drawdown limits, asset access, and payout rules. Profit splits begin at 70–80% for evaluation-funded accounts, and 50% in the instant funding path. FTUK processes payouts biweekly and prides itself on 24–48 hour payout speed once requested. Payouts are handled via cryptocurrency and third-party payment solutions like Rise, which makes them globally accessible, though some traders may prefer more traditional options.
The firm does not publicly advertise a formal scaling plan but indicates that successful traders will be considered for account growth and split improvements. These evaluations are reportedly conducted on a case-by-case basis. FTUK’s infrastructure is lean, with a streamlined client dashboard and minimal communication overhead — great for independent traders, but perhaps too hands-off for those seeking ongoing mentorship or feedback.
How to Sign Up with FTUK
To get started with FTUK, follow these steps:
- Visit the FTUK website and choose a funding program that aligns with your trading objectives.
- Register an account by providing your personal details.
- Select your preferred payment method—options include Credit Card, Debit Card, and Cryptocurrencies—and pay the program fee.
- Upon payment confirmation, you'll receive access to a demo account to complete the chosen assessment.
- Successfully passing the assessment grants you access to a funded account, where you can trade and earn profits based on the firm's profit-sharing model.
Challenge Overview
FTUK sets itself apart by giving traders multiple entry points. Whether you’re just starting out or already have a refined edge, there’s an option here to suit your needs. The firm currently offers three main paths: a two-step challenge for traders who prefer a gradual test of their skills, a single-step model with faster access to funding but stricter conditions, and an instant funding program for traders who want to bypass the evaluation process altogether. Each route comes with different drawdown parameters, leverage, and expectations — allowing for customization based on risk appetite and experience level.
Traders can choose from multiple trading platforms — cTrader, TradeLocker, and DXtrade — and access a broad spectrum of assets including forex pairs, commodities, indices, and cryptocurrencies. This multi-platform support and wide asset availability make FTUK attractive for discretionary and system traders alike. The leverage varies depending on account type and asset class, with up to 1:100 leverage for standard forex pairs and lower tiers for indices and crypto.
Another unique feature is FTUK’s minimalistic approach to bureaucracy. The firm does not enforce minimum trading days in the instant funding or one-step models and offers payouts every 14 days. Profit splits begin at 50% in the instant model but increase up to 80% in evaluation-based accounts. There's also no time pressure — traders are free to meet their profit targets at their own pace, creating an environment where methodical strategies are not penalized.
Two-Step Evaluation: In the traditional model, Phase 1 requires a 10% profit target, followed by 5% in Phase 2. Daily drawdown is capped at 5%, and the overall limit is set at 10%. The minimum trading requirement is 3 days per phase, with no maximum duration — giving traders the flexibility to take their time. This route is best for those who prefer a measured approach and want to demonstrate consistency over time.
One-Step Evaluation: This program compresses the evaluation process by requiring only a single 10% target. However, the drawdown constraints are tighter, with a 4% daily limit and an 8% max loss. Traders must still manage risk closely, but they skip the second verification phase, making this an ideal model for confident, performance-focused traders who want to move quickly.
Instant Funding: The most aggressive path, this model gives traders immediate access to capital without requiring them to pass an evaluation. It comes with stricter rules — including a 50% default profit split and tighter risk parameters — and requires proof of performance to unlock scale-ups or higher split percentages. This model is appealing for traders with a proven strategy who want capital now, but it's not forgiving of volatility or inconsistency.
One-Step Program
- Profit Target: 10%
- Max Daily Loss: 4%
- Max Relative Drawdown: 8%
- Leverage: Up to 50:1
- Profit Split: Up to 80%
- Account Sizes: Ranging from $10,000 to $100,000
Two-Step Program
- Phase 1 Profit Target: 10%
- Phase 2 Profit Target: 5%
- Max Daily Loss: 5%
- Max Static Drawdown: 10% in Phase 1, 5% in Phase 2
- Leverage: Up to 100:1
- Profit Split: Up to 80%
- Account Sizes: Ranging from $10,000 to $100,000
Instant Funding Program
- Profit Target: No evaluation or targets
- Max Daily Loss: 5%
- Max Trailing Overall Drawdown: 6%
- Leverage: 30:1 for Forex
- Profit Split: Up to 80%
- Account Sizes: Ranging from $10,000 to $100,000
These funding programs are designed to assess a trader's ability to manage risk and achieve consistent profitability. Successful traders can access funded accounts and participate in the firm's profit-sharing model.
FTUK Challenges
| Challenge | Price | Account Size | Steps | Profit target | Profit Split | Max Daily Loss |
|---|
| $10,000 | 2 Step Challenge | $99 | $10K | 2 | 10% / 5% | 80% | 5% |
| $25,000 | 2 Step Challenge | $179 | $25K | 2 | 10% / 5% | 80% | 5% |
| $50,000 | 2 Step Challenge | $269 | $50K | 2 | 10% / 5% | 80% | 5% |
| $100,000 | 2 Step Challenge | $499 | $100K | 2 | 10% / 5% | 80% | 5% |
| $5,000 | 1 Step Challenge | $119 | $5K | 1 | 10% | 50% | 4% |
| $10,000 | 1 Step Challenge | $179 | $10K | 1 | 10% | 50% | 4% |
| $25,000 | 1 Step Challenge | $229 | $25K | 1 | 10% | 50% | 4% |
| $50,000 | 1 Step Challenge | $399 | $50K | 1 | 10% | 50% | 4% |
| $100,000 | 1 Step Challenge | $649 | $100K | 1 | 10% | 50% | 4% |
| $5,000 | INSTANT FUNDING | $119 | $5K | 0 | | 50% | 5% |
| $10,000 | INSTANT FUNDING | $199 | $10K | 0 | | 50% | 5% |
| $25,000 | INSTANT FUNDING | $374 | $25K | 0 | | 50% | 5% |
| $50,000 | INSTANT FUNDING | $749 | $50K | 0 | | 50% | 5% |
| $100,000 | INSTANT FUNDING | $1499 | $100K | 0 | | 50% | 5% |
Pros and Cons
Pros:
- Profit splits up to 80%
- Multiple asset classes available for trading
- Access to multiple trading platforms: TradeLocker, cTrader, DXtrade, and Match Trader
- Balance scaling up to $6,400,000
- Refundable evaluation fee (fee refunded upon reaching Level 2)
- Support for various trading strategies, including the use of Expert Advisors (EAs)
- Free 14-day trial accounts available
Cons:
- News trading restrictions apply (available as an add-on feature during evaluation stages)
- Copy trading between FTUK accounts is not permitted
Evaluation Metrics
Overall metrics
- Challenge difficulty: Moderate – achievable profit targets with defined drawdown limits
- Customer support: Available via email at support@ftuk.com
- Fee: Competitive program fees, varying by account size and funding program
- Payout scheme: Profit splits up to 80%, with payouts via Rise Pay and Cryptocurrencies
Meet the CEO
Specific information about the founders or executive team of FTUK is not publicly disclosed.
Frequently Asked Questions (FAQs):
What asset types can I trade with FTUK?
Forex, Indices, Commodities, and Cryptocurrencies.
Are Expert Advisors (EAs) allowed?
Yes, EAs are permitted for all funding programs.
Is news trading allowed?
News trading is restricted during evaluations unless you add the News Trading add-on.
Is copy trading permitted?
No, copy trading between FTUK accounts is not allowed.
Is the evaluation fee refundable?
Yes, the evaluation fee is refunded upon reaching Level 2.
What trading platforms are supported?
FTUK supports TradeLocker, cTrader, DXtrade, and Match Trader.
Does FTUK offer scaling plans?
Yes, account balances can scale up to $6,400,000 based on performance.
Are free trials available?
Yes, FTUK offers a free 14-day trial account.
What are the payout options?
Payouts are available via Rise Pay and Cryptocurrencies.
How trusted is FTUK?
The trusted source of information on fintech matters SBO, gave FTUK a 3/ 5.00 rating based on analysing 20+ criteria and testing. FTUK is currently in 0th place in this ranking.
