General Information
FTUK Allows Its Partners To Deal With Currencies, Cryptocurrencies, Indices, Metals And Commodities. Leverage Depends On The Asset And The Level Of The Trader. The Level Of The Trader Is Defined By Scaling. Scaling Is Not Mandatory, But It Is Necessary To Increase The Partner's Balance And Profit Sharing, As Well As Increase Leverage. The Initial Profit Sharing Is 50%, But Up To 80%.
The Scaling Process Itself Is Very Simple. All You Need To Do Is Get 10% Profit And Send A Request To Technical Support. Double The Balance To The Limit. The Limit Is Defined By The Initial Balance. The Maximum Is 6,400,000 USD. No Other Proprietary Company Offers Such A Maximum For Its Partners. The System Is Simple And Transparent And Suitable For Any Level Of Trader. TU Notes That The Proprietary Company Provides Free Materials And Free Consultations To Its Partners.
In Terms Of Trading Flow, FTUK Has Fully Proved Its Claim Of Minimum Limits. Traders Can Really Use Any Trading Strategy, Transfer Positions Overnight And Trade News Daily, Including Weekends. Advisers And Copy Trades Are Provided. Stop Losses Are Also Required. It Has Its Own Indicators And Depends On The Zoom Level
Advantages Of Trading In FTUK:
Balances Up To $100,000 In Standard Accounts Are Not Limited By Trading Strategies;
Instant Funding Accounts Allow You To Easily Get The Balance You Need;
Initial Fees Start From $99. No Subscription Fees Or Other Fees;
Profit Sharing For Traders Up To 80%. It Increases As The Balance Is Adjusted;
Funds Can Be Withdrawn At Any Time With A Positive Balance, With No Time Limit;
Experts From Proprietary Companies Provide Expert Advice And Improved Trading Skills To Their Partners;
Technical Support Is Represented By Call Center, Live Chat And Email.
Disadvantages Of FTUK:
Large Non-standard Gaps Between Balancing Steps. Traders Can Only Get Funds Of $10,000, $25,000, $50,000, Or $100,000;
Trading Is Not Conducted Through The MetaTrader Platform;
Technical Support Is Responsive, But Only Works On Weekdays And Specific Hours.
FTUK Commissions And Fees
Most Proprietary Trading Firms Have A Similar Fee Policy. They Receive An Initial Fee And Profit Sharing From Their Partners. Sometimes A Subscription Fee Is Charged Instead Of An Initial Fee. FTUK Does Not Charge Any Additional Fees. After Paying The Fee And Completing The Challenge, The Trader Shares Their Income With The Company. At First, They Give 50% Of The Profit And Later Share The Profit At 80%/20% When Expanding. Therefore, It Is Profitable For Traders To Successfully Trade And Increase The Balance Because Then They Can Keep Most Of Their Income. Proprietary Company Does Not Charge Transaction Fees Because It Does Not Take Its Partners' Transactions To The Interbank Market.
Detailed Review Of FTUK
FTUK Does Not Implement Any Unique Mechanism. It Is A Standard Proprietary Company. But It Has Some Points That Are Rare Among Its Competitors. For Example, It Is A Refundable Initial Fee. Also, Not All Companies Provide Instant Funding To Their Partners Without Completing The Challenge. Leverage Rarely Reaches 1:50, While FTUK Offers 1:100 Leverage For Currency Pairs With The Largest Scaling Ratios. Many Of The Advantages Of This Proprietary Company Are The Result Of Its Working With Brokers. This Applies To The High Leverage Already Mentioned, As Well As The Large Selection Of Assets. For Its Part, The Company Is Making Every Effort To Provide Comfortable Working Conditions For Its Partners. Firstly, There Are No Restrictions On Trading Styles And Strategies, And The Ability To Withdraw Profits At Any Time.
FTUK Data:
Minimum Initial Fee Is $99;
Extension Limit Is $6,400,000;
Profit Sharing Up To 80%;
Maximum Drawdown Allowed Up To 10%.
Useful Features Of FTUK:
Challenge Accounts Are Presented By Two Subtypes, Namely One Step And Two Step. They Differ In Terms Of Profit Targets, Available Leverage, And Some Other Parameters;
Professional Traders Are Not Required To Complete The Challenge. They Can Choose An Instant Funding Account And Receive The Required Balance Immediately;
To Trigger The Expansion, Traders Need To Earn 10% Of Their Profits Regardless Of The Account Type.
Advantages:
1 Three Account Types And Four Balance Options Allow Traders To Choose The Account That Best Suits Their Goals And Skills;
2 Traders Pay The Initial Fee And Hand Over A Portion Of Their Profits To The Company. There Are No Other Fees;
3 Initially, The Partner's Profit Share Becomes 50%, But Can Be Increased To 80% During The Expansion;
4 The Expansion Is Available For All Types Of Accounts.
5 The Company's Clients Trade Without Restrictions. All They Need Is To Set Stops And Monitor Retracements;
6 Hundreds Of Financial Instruments Are Available For Trading. Leverage Up To 1:100;
7 Traders Can Earn Additional Income Through The Partner Program.
Withdrawal Options And Fees
Traders' Trades Are Not Taken To The Interbank Market When Completing The Challenge, So They Do Not Earn Profits;
During The Financing Stage, Partners Of The Proprietary Company Trade In The Interbank Market And Can Profit From Successful Trades;
Once Traders Reach The Profit Target, They Receive The First Level Of Expansion, Which Will Increase The Balance By 100%;
As A Level 1 Or Higher, Partners Of The Company Can Submit Withdrawal Applications At Any Time;
Funds Are Withdrawn Every 2 Weeks;
Withdrawals Can Be Made To Bank Cards Or E-wallet. In Addition, PayPal, Revolut, Wise And Other Popular Payment Systems Are Also Available.
Customer Support Services
Although The Website Interface Is Intuitive And Has A Detailed FAQ Section, Traders Are Faced With Emergencies And Problems In Any Situation That They Cannot Solve On Their Own. It Is Important That The Partners Of The Proprietary Firm Can Always Use The Help Of A Professional. For This Purpose, FTUK Offers A Call Center, Live Chat, And Email. However, 24/7 Is Not Supported. Customer Support Service Managers Are Available Monday To Friday From 09:00 To 18:00 GMT.
