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Updated 2026-03-08
Funded Trading Plus vs Ultimate Traders: Which Prop Firm Is Better?
Traders comparing Funded Trading Plus and Ultimate Traders face a choice between an established firm with comprehensive platform options versus a newer entrant with limited available information. The most significant difference lies in daily loss limits — Ultimate Traders offers no daily loss restrictions while Funded Trading Plus caps daily losses at 4%. This comparison examines the trading rules, platform availability, payout structures, and overall reliability of both firms to help traders make an informed decision.
FT
Funded Trading Plus
Est. 2021 · London, UK
4.7
3,000 reviews
VS
4 wins
5 ties
1 wins
UT
Ultimate Traders
Est. 2023 · N/A
4.2
500 reviews
Feature
Funded Trading Plus
Ultimate Traders
Challenge Price ($100K)
$549
N/A
Phase 1 Profit Target
10%
N/A
Max Daily Loss
4%
No limit✓ No daily loss limit
Max Total Loss
6%
N/A
Time Limit (Phase 1)
No limit
No limit
Payout Split
80% (up to 100%)
N/A
Payout Frequency
weekly✓ Faster payouts
N/A
Platforms
MT5, cTrader, DxTrade, Match Trade✓ More platform options
N/A
Funded Trading Plus
Pros
+Multiple challenge types: Instant Funding, 1-Step, and 2-Step options
+Fast weekly reward frequency starting from day 0
+No monthly fees with transparent pricing structure
+News trading allowed and weekend holding permitted
+Swap-free accounts available with no virtual charges for overnight positions
Cons
−Lower leverage at 1:30 compared to many competitors
−Limited account size options shown with pricing
−Add-on features require additional 15% fees each
−Relatively new firm established in 2021
Ultimate Traders
Pros
+No maximum time limits for challenges allowing traders to work at their own pace
+Choice between 1-step or 2-step challenge process for flexibility
+Retain up to 90% of trading gains
+Challenges run on real servers for authentic trading experience
+Fee refund available after successful completion and funded phase
Cons
−No refunds given once login details are provided after payment
−Limited information available about specific trading rules and restrictions
−Relatively new firm founded in 2023 with less established track record
Our Verdict
Which Should You Choose?
Funded Trading Plus is the clear choice for most traders, particularly those who value platform flexibility, regular payouts, and proven track records. With weekly payouts, support for MT5, cTrader, DxTrade, and Match Trade platforms, plus a strong 4.7/5 Trustpilot rating from 3,000 reviews, it offers comprehensive trading infrastructure that Ultimate Traders simply doesn't match.
Ultimate Traders' only advantage — no daily loss limit — appeals specifically to aggressive traders or those using high-risk strategies, but this single benefit is overshadowed by the lack of transparency regarding basic trading conditions, platform options, and payout procedures. Given Ultimate Traders' recent founding in 2023 and limited review base of just 500 Trustpilot reviews, most traders should choose Funded Trading Plus for its established reputation and comprehensive trading environment.
Choose Funded Trading Plus if:
→Multiple challenge types: Instant Funding, 1-Step, and 2-Step options
→Fast weekly reward frequency starting from day 0
→No monthly fees with transparent pricing structure
→News trading allowed and weekend holding permitted
Choose Ultimate Traders if:
→No maximum time limits for challenges allowing traders to work at their own pace
→Choice between 1-step or 2-step challenge process for flexibility
→Retain up to 90% of trading gains
→Challenges run on real servers for authentic trading experience
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.