Crypto Trading on Funded Trading Plus — Rules & Compatibility

Rule Compatibility Checklist

The most common mistake traders make when considering Funded Trading Plus for crypto trading is assuming that because the firm offers multiple trading platforms (MT5, cTrader, DxTrade, and Match Trade), cryptocurrency instruments must be available somewhere in their lineup. Unfortunately, this assumption leads to disappointment as Funded Trading Plus exclusively offers forex instruments, completely excluding cryptocurrencies from their trading arsenal. Funded Trading Plus operates as a forex-focused prop firm, which means you won't find Bitcoin, Ethereum, Ripple, or any other cryptocurrency pairs on any of their supported platforms. While their platform diversity might suggest comprehensive instrument coverage, the reality is that all four platforms—MT5, cTrader, DxTrade, and Match Trade—are configured to provide only forex pairs. This fundamental limitation makes crypto trading strategies entirely incompatible with this firm. If crypto trading were somehow possible at Funded Trading Plus, the firm's rule structure would actually be quite favorable for cryptocurrency strategies. The absence of a consistency rule is particularly beneficial for crypto traders, as cryptocurrency markets are known for their volatility and the potential for large, irregular gains that often trigger consistency violations at other firms. Without this restriction, you could theoretically capitalize on major crypto moves without worrying about your daily profits being too large relative to your average performance. The 4% daily loss limit (balance-based) and 6% maximum total loss would provide reasonable risk parameters for crypto trading. Given crypto's notorious volatility, these loss limits would require careful position sizing, but they're not unreasonably restrictive. The daily loss calculation being balance-based rather than equity-based means you wouldn't face immediate violations from temporary drawdowns during volatile crypto sessions. Funded Trading Plus's policy allowing weekend holding would be advantageous for crypto strategies since cryptocurrency markets operate 24/7. Unlike forex markets that close over weekends, crypto markets continue trading, and significant price movements often occur during traditional market closures. The ability to hold positions through weekends without forced closures would align perfectly with crypto market dynamics. The firm's news trading allowance (subject to their policy) would also benefit crypto traders, as cryptocurrency prices often react dramatically to regulatory announcements, institutional adoption news, or macroeconomic events. However, the prohibition on Expert Advisors and copy trading would limit automated crypto strategies, forcing traders to execute all trades manually. Regarding leverage, Funded Trading Plus offers 1:30 leverage on forex instruments. If crypto were available, this moderate leverage would actually be appropriate for cryptocurrency trading, given the inherent volatility of crypto assets. Higher leverage on already volatile instruments like Bitcoin or Ethereum often leads to quick account destruction. The profit target of 10% for Phase 1 would be reasonable for crypto trading strategies, as cryptocurrency markets can produce substantial moves that make this target achievable within a relatively short timeframe. The absence of a time limit for Phase 1 would also benefit crypto traders who might need to wait for optimal market conditions or specific setups. For position sizing in a hypothetical scenario where crypto was available, you'd need to respect the 4% daily loss limit. On a typical $10,000 challenge account, this means your maximum daily risk would be $400. Given crypto volatility, position sizes would need to be smaller than what you might use in forex trading, potentially risking 1-2% per trade maximum to allow for multiple positions and unexpected volatility spikes. The 80% payout split and the firm's strong 4.7/5 Trustpilot rating from 3,000 reviews indicate that Funded Trading Plus is a legitimate and trader-friendly firm. However, these positive aspects cannot overcome the fundamental incompatibility created by their forex-only instrument selection. If you're committed to crypto trading, you'll need to look elsewhere for funded trading opportunities. Several other prop firms specifically cater to crypto traders or offer crypto alongside traditional instruments. When evaluating alternatives, prioritize firms that explicitly list cryptocurrency instruments and have experience managing the unique risks associated with crypto market volatility.

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