FTUK: Reviews And Analysis
FTUK is a U.S.-based forex specialist trading firm founded in 2021 that offers a wide range of trading instruments, including forex, indices, commodities and cryptocurrencies.
FTUK is a U.S.-based forex specialist trading company founded in 2021 that offers a wide range of trading instruments, including forex, indices, commodities and cryptocurrencies.
FTUK has a maximum account balance of up to $5.76 million and a profit share of 80 per cent. Traders can trade through the MatchTrader platform with minimum costs starting at $149.
Key Features
FTUK's trading features include:
- Trading Instruments: Forex, Indices, Commodities, Cryptocurrencies.
- Maximum Account Balance: $5,760,000.
- Profit Split: 80%.
- Cost: Starting at $149.
- Trading Platform: Includes MatchTrader.
Pros and Cons
Pros
- Offers leverage up to 1:100.
- Accounts can scale up to over $5 million.
- No minimum or maximum trading days required to meet targets.
- Instant funding and single-step challenge available.
Cons
- Profit split is fixed at 80%.
- No free trial available for the platform.
Trading Tools and Platforms
FTUK provides access to major trading platforms such as MatchTrader, DXtrade, and cTrader, widely used in forex and professional trading circles.
Users can utilize these platforms to trade forex, indices, commodities, and cryptocurrencies, catering to diverse investor needs.
Capital Management and Profit Sharing
FTUK allows for a maximum account balance of $5,760,000, enabling traders to operate with larger funds for enhanced investment efficiency.
The company operates on an 80% profit split model, providing traders with significant returns while considering the impact of profit sharing on investment yields.
Trading Plans and Costs
FTUK offers flexible trading plans including evaluation programs and instant funding plans.
The evaluation program is designed for traders seeking low-cost funding opportunities. It requires achieving a profit target of 10%, with no minimum or maximum trading days required, but avoiding a maximum 8% absolute drawdown.
The instant funding plan meets the needs of traders seeking rapid funding, with the same profit target requirements as the evaluation program.
Trading Strategies and Risk Management
FTUK allows traders to operate without minimum or maximum trading day restrictions, providing greater flexibility and freedom.
The company permits overnight and weekend trading, advising caution regarding daily and weekend market volatility and effective management of position risks.
For traders exploring alternative forex trading platforms, FTUK recommends considering alternatives such as FTMO, Funded Trading Plus, and FundedNext, to choose the most suitable trading platform based on individual needs.
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