FTUK Prop Firm Review – What You Need to Know in 2025
FTUK, founded in February 2021 and headquartered in Texas, USA, is a proprietary trading firm offering virtual funded accounts from $5,000 to $100,000, scalable to $6.4 million. Known for its instant funding option, one-step and two-step evaluations, and up to 80% profit splits, FTUK supports trading in forex, indices, commodities, and cryptocurrencies. With over 30,000 accounts opened across 133 countries, it has paid out over $1 million in 2024.
FTUK Best suited for:
- Beginners: Affordable fees and one-step evaluations with no time limits.
- Intermediate traders: Flexible funding models and community support.
- Experienced traders: Instant funding and high scaling potential.
- Scalpers and swing traders: Supports diverse trading styles with minimal restrictions.
Pros & Cons of FTUK
Pros
High Profit Splits: Up to 80% from day one, industry-standard.- Flexible Funding Models: Instant funding, one-step, and two-step evaluations.
- No Time Limits: Unlimited trading days for evaluations.
- Wide Asset Range: Forex, indices, commodities, and crypto.
- High Leverage: Up to 1:100 for forex, 1:10 for crypto.
- Fast Scaling: Accounts can double up to $6.4 million with 10% profit targets.
Cons
Weekend trading not available on most accounts:- Payout timelines may vary based on verification speed:
How Does FTUK Work? (Step-by-Step Guide)
- Choose an account size & challenge type: Instant funding, one-step, or two-step ($5,000-$100,000).
- Pass the evaluation: 10% profit target for one-step
- 8% then 4% for two-step.
- Get funded: Trade a demo account with real profit potential.
- Profit splits & payouts: 50%-80% split, paid weekly via RiseWorks or crypto.
FTUK Account Types & Funding Options
- Account sizes: $5,000 to $100,000, scalable to $6.4 million. Funding models: o Instant funding: No evaluation, 50%-80% split. o One-step evaluation: 10% profit target. o Two-step evaluation: 8% then 4% profit targets. Profit splits: 50%-80%, increasing with scaling. Challenge fees: $99-$1,499, non-refundable.
Profit Targets & Payouts
- Profit targets: 10% for one-step
- 8% then 4% for two-step
- 10% for instant funding scaling.
- Payouts: Via RiseWorks (USD, above $500), crypto (BTC, ETH, USDT), or card, processed in 1-2 days.
- Payout frequency: Weekly, with average payout time of 1 hour.
- Maximum drawdown: 6%-8% overall.
- Daily drawdown limit: None, but 1.5%-2% stop-loss per trade required.
- Comparison: FTUK’s 6%-8% overall drawdown is stricter than FTMO (10%-20%) but aligns with For Traders (10%-12%).
Leverage & Trading Conditions
- Leverage: 1:100 for forex, 1:20 for metals/commodities, 1:10 for indices, 1:2 for crypto.
- Lot size restrictions: None, but stop-loss of 1.5%-2% per position mandatory.
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Scalping: Short-term trades on small price movements.
- Swing Trading: Holding positions for days or weeks.
- News Trading: Permitted with optional add-on.
- Overnight/Weekend Trading: Allowed with no restrictions.
- Expert Advisors (EAs): Supported, including copy trading from non-FTUK accounts.
Restricted Trading Strategies
- Arbitrage Trading: Exploiting price discrepancies.
- High-Frequency Trading (HFT): Ultra-fast trades measured in seconds.
- Copy Trading Between FTUK Accounts: Coordinating trades across accounts.
- Inconsistent Trading: Vague rule often cited in payout issues.
- Exploiting Platform Errors: Taking advantage of glitches.
How Long Does It Take to Get Funded by FTUK?
- Challenge duration: Unlimited, with no minimum trading days for instant funding.
- Evaluation speed: One-step can be completed in days
- two-step takes 1-2 weeks.
- User experiences: Fast funding for compliant traders, but rule changes reported.
How Long Has FTUK Been Around?
FTUK has been operating since February 2021, with over 30,000 accounts opened and $1 million paid out in 2024. Its relatively short history suggest caution despite its growth.
Who Owns FTUK? (Founder & Company Background)
Founder(s): Nicholas Quinn, CEO, with a background in trading. Company headquarters: Texas, USA (previously London, UK). Mission & vision: To provide traders worldwide with affordable capital access through simple evaluations and instant funding. Regulatory status: Unregulated, partners with regulated broker Eightcap for execution.
What Can You Trade with FTUK? (Supported Markets & Assets)
Markets offered: Forex, indices, commodities, cryptocurrencies. Forex pairs: Major, minor, and exotic pairs (e.g., EUR/USD, GBP/JPY). Indices & commodities: S&P 500, NASDAQ, gold, oil. Crypto trading: Bitcoin, Ethereum, Cardano, and others. Restrictions: No HFT, arbitrage, or inconsistent trading, mandatory stop-loss.
Does FTUK Offer Education & Trader Support? (Learning Resources & Coaching)
Limited, blog posts and basic trading guides. Trader development: Performance dashboard for tracking metrics. Coaching programs: Online coaching available, but not comprehensive. Community & networking: Active Discord and social media for trader interaction.
How Good is FTUK’s Customer Support? (Response Time & Availability)
Support channels: Live chat, email, Discord. Response times: Mixed, typically hours, but delays reported for payout issues. Operating hours: Monday-Friday, 8 AM-5 PM GMT, not 24/7. Trader feedback: Praised for initial responsiveness, criticized for poor communication on payout disputes.
Is FTUK a Scam or a Legit Prop Firm?
FTUK is a legitimate prop firm, verified by its US registration, partnership with regulated broker Eightcap, and a 4.1/5 Trustpilot rating from 500+ reviews. It has paid out over $1 million in 2024. However, concerns regarding wide spreads (e.g., 49 pips on GBP/USD), and platform issues like slippage, suggest thorough research.
Alternatives to FTUK – How It Compares
- FTMO: Higher trust score (4.9/5), 90% split, but stricter rules and no instant funding. The 5%ers: Up to 100% split, no crypto, excludes US traders. FundedNext: 95% split, flexible rules, but less established.
Final Verdict – Should You Trade with FTUK?
FTUK is best for traders seeking instant funding, flexible evaluations, and high scaling potential up to $6.4 million. Its no-time-limit challenges and diverse assets are appealing, but high spreads, mandatory stop-loss rules, and lack of regulation raise red flags. Research thoroughly in 2025.
