FTUKReviews of ftuk.com

I don’t recommend this prop firm. Go for the famous one. they will try their hardest to not get you a pay out because you trade on the demo, not on the live account. So I get my instant fund account and I get the 10% , but because I didn’t put a stop loss in few trades which the trades were profitable. They said you must try again with a new account. I told them that they can remove my profitable trades that I took without a stop loss and then I can move on, but they refuse to do that. Instead they give me a new account, which then I reach my drawdown. That was all so I recommend you to go for the famous prop firm. And I am not mad at all just was a new experience for me and I didn’t like it.

I am writing this review to express my dissatisfaction with the current situation surrounding my trading account at FTUK. Despite my utmost efforts to adhere to their rules and regulations, my account has been terminated due to alleged prohibited trading practices. The reason for my discontent is simple; I have never knowingly violated any of the trading rules outlined in FTUK's terms and conditions section 12. Yet, my account was unexpectedly closed with allegations of rule-breaking. Despite these serious accusations, I have yet to receive any concrete evidence of the alleged violations. I firmly believe in my integrity as a trader, and this situation has left me feeling unfairly treated. Being a user of FTUK, I trust their reputation as a fair and transparent trading platform. However, this experience has made me question the fairness of their operations. It is crucial for the platform to maintain transparency in their proceedings and give their users an opportunity to defend themselves when accused of any violations. This is not just a complaint; it's a call for action. If FTUK fails to provide me with the evidence of my supposed violations, or a satisfactory resolution to this issue, I feel compelled to share my experience with the broader trading community and Trustpilot. It's essential to uphold the principles of honesty, transparency, and integrity in the world of trading, and I hope that FTUK would respect these principles as well. If my concerns are addressed adequately, and evidence is provided or the issue is resolved amicably, I will share that positive outcome here as well. My ultimate aim is to ensure that all traders are treated fairly and with due process. I look forward to a swift, transparent, and satisfactory resolution from FTUK.

I have to update my review. I had high hopes for this company but it seems they do not want their traders to scale their accounts at a rapid rate. After passing level's 1-3 in about 3 weeks, they sent me an email stating that they are concerned about my trading and required me to redo level 3 even though I passed without violating any of their rules. They also added constraints that I could not place more than 2 lots during this retry and that my drawdown will switch to relative instead of static. This made it clear that they do not want you to scale up to fast and have access to a larger account size, which makes me to believe is to prevent them from having to pay me out at the higher levels. I had a meeting with them on zoom to discuss this injustice and they tried to preach to me that my trades are inconstant and they are trying to "protect their capital" but this is all nonsense because I never risked more than 1-2% per trade at any given moment and never violated the terms I agreed to follow when I signed up for the account. And they can't try to preach risk when they offer the option for you to trade without having to place a stop loss if you purchase that add-on during checkout when you purchase an account. Horrible experience and would not recommend if you are a serious trader who is set on scaling. They use their scaling plan to draw you in and when you begin to scale at a fast pace, they pull the carpet from under you and add restrictions to prevent you from scaling or trading the way you normally trade.

I am writing this review to share my recent experience with FTUK and to urge fellow traders to be cautious before joining this prop firm. I joined FTUK under their instant funding program, which according to their website, allows traders to start earning from day one and get paid anytime and as often as they want from level 2 and above. However, my experience has been quite different. Upon reaching my profit target and advancing to a level 2 account, I received an email imposing conditions that were never mentioned on their website. I was told that I need to make 5% on my level 2 account in order to request a payout, including my level 1 profit share. Additionally, a relative drawdown set at 6% was imposed on my account. These unexpected conditions have caused me considerable anxiety. I had planned to trade at a very low risk to sustain my passive income, but these unmentioned rules have put me in a challenging situation. Despite paying extra for the instant funding account, I find myself facing the same conditions as a 2 Phase standard account. I have reached out to FTUK for clarification and am awaiting their response. I believe I should be eligible to withdraw my profits or at least receive a refund of my initial payment due to these unforeseen circumstances. I urge fellow traders to be aware of these practices before joining FTUK. It's crucial to have clear and transparent communication about the conditions and rules associated with your account. Don't fall into the trap of paying extra for services that do not deliver as promised. Please do your due diligence and make sure to read reviews and experiences of other traders before joining any prop firm. Transparency, clear communication, and fair practices should be the foundation of any successful and mutually beneficial relationship between a trader and a prop firm.

The FTUK Company changed trading conditions, when I had passed instant aggressive plan first level I win right to withdraw my split, but they didn't paid. Trading rules changed that distracted me it's so sad 😌

Very disappointing experience. I had paid for many instant funding accounts and failed them then i paid for one of their aggressive accounts and it seemed to work for me as I was profitable and hit my target to level 1 and 2. However when I hit level 2 FTUK wrote me an email stating that they assessed my account and even though I hit my target I was inconsistent and on that ground that is a violation of their trading rules as I only hit their target on one trade. I thought this was crazy! Whether I traded 1 pair or 10 the fact that my stoploss was at the maximum required level or in profit, my lot sizes were kept below standard (0.1 to 0.5), I did not get closed out by their algorithm/system during my trade and I hit my target those were enough reasons to move me to a level 3 account. Yet they insisted that I was inconsistent. It still baffles me today. I requested my full payout and they were suggesting that I put some of that money to pay for another account and leave some as a buffer in the current one or change my account type altogether with a tighter stop loss. I could not believe what they were suggesting. However I wanted my full payout and move to level 3 but they decided if I get my full payout they will end their relationship with me and they did just that and closed my account. They stopped answering my calls, emails and even the instant chats. I felt shattered! I therefore warn all traders take note of my experience and stay away from this company!

Initially the promotion seemed attractive, but after a month, I realised that the promotion is something they do every month, it's just using this to make you think you have a good deal. Secondly; it doesn't show you all the small print, you can have a 1.5% SL which most traders will use 2% per trade. Thirdly, if you don't put a stop loss on at the requited limits, it will let you do it, but it'll close your trade before 60 seconds, so this how they make traders blow thier accounts, therefore keeping the money. Fourthly, thier customer service is so poor. Stay clear. Funded Trader plus is my preferred broker by a mile.

You close my trade...EurGbp and i end up on a drawdown loosing the account.