Question 1

Do I need to use a stop loss?

Accepted Answer

Do I need to use a stop loss?

Q: What trading styles are permitted?

<h1 id="whattradingstylesarepermitted">What trading styles are permitted?</h1> | | EA/Bot | Manual | | ---- | | Martingale | ✘ | ✔ | | Tick Scalping | ✘ | ✔ | | Reverse Arbitrage Trading | ✘ | ✘ | | Latency Arbitrage Trading | ✘ | ✘ | | Hedge Arbitrage Trading | ✘ | ✘ | | Hedging (One Account) | ✘ | ✔ | | Hedging (Multiple Accounts) | ✘ | ✘ | | Scalping* | ✘ | ✔ | | High-Frequency Trading | ✘ | ✔ | | Grid Trading | ✘ | ✘ | | Intraday Trading | ✔ | ✔ | <ul> <li>Trades must stay open for a minimum of 30 seconds.</li> </ul> || IMPORTANT: Stop Losses must be placed within 60 seconds of executing a trade, unless you have the ** <a href="https://faq.ftuk.com/en/article/what-are-add-ons-and-how-can-they-benefit-me-wdlqyl/">no stop-loss add on</a> **.

Stop losses are not mandatory on all INSTANT FUNDING programs purchased on or after 20/02/2025. Traders have the flexibility to manage their trades without the requirement of placing a stop loss.

For INSTANT FUNDING programs purchased before 20/02/2025, stop losses remain mandatory on all trades. We recommend placing the stop loss BEFORE executing the order, though we allow up to 60 seconds after execution.

Stop losses are not mandatory on all EVALUATION programs.

|| If you have purchased a no stop loss add-on then you are not required to place a stop loss.

Question 2

What is the Account Protector?

Accepted Answer

Account Protector

The most common reason for account breaches can be attributed to poor risk management practices. Traders who build long term consistency become skilled at cutting losses short whilst letting their winners run.

The FTUK Account Protector is an automated risk management tool which promotes traders to always be aware of their downside risk.

How It Works

The Account Protector monitors the equity on open trades and functions in two ways. It will automatically close any trade(s) where exposure on a single trading instrument has exceeded more than 2% of the starting balance. If the open PnL for the account equity drops below 2% of the starting balance it will close all open positions.

Both instances are considered soft-breaches on the account. If the Account Protector does close any of your trades you are free to continue trading without restrictions.

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How The Account Protector Benefits The Trader

The Account Protector prevents traders from carrying large ongoing losing positions as they build their account balance. Often the target level on the account can be achieved but a large open loss prevents the trader from moving forward and scaling up. They are left hoping and waiting for the market to finally turn back in their favour.

The Account Protector ensures traders who leave their platforms unattended or have forgotten to add a mandatory stop loss d

Question 3

Pre 20/02/2025 Instant Funding Program

Accepted Answer

INSTANT FUNDING

(For all instant funding account purchased before 20/02/2025)

| **Rule ** | Entry Stage | Funded 1 | Funded 2 | Funded 3 | Funded 4 | Funded 5 | Funded 6 | *Funded 7 ** | | ---- | | Minimum Trading Days (Scale Up) | 1 Trading Day | 1 Trading Day | 1 Trading Day | 1 Trading Day | 1 Trading Day | 1 Trading Day | 1 Trading Day | N/A | | Maximum Trading Days | No Time Limit | No Time Limit | No Time Limit | No Time Limit | No Time Limit | No Time Limit | No Time Limit | No Time Limit | | Maximum Total Drawdown (Static) | ${color}#ff0000 | ${color}#ff0000 | ${color}#ff0000 | ${color}#ff0000 | ${color}#ff0000 | ${color}#ff0000 | ${color}#ff0000 | ${color}#ff0000 | | Profit Target for Scaling | ${color}#00b35f | ${color}#00b35f | ${color}#00b35f | ${color}#00b35f | ${color}#00b35f | ${color}#00b35f | ${color}#00b35f | N/A | | Profit Share | 50% | 50% | 60% | 60% | 70% | 70% | 80% | 80% | | Leverage (Forex) | 10:1 | 10:1 | 20:1 | 20:1 | 30:1 | 30:1 | 50:1 | 50:1 | | Maximum Stop Loss (Per Symbol) | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% | | Holding Overnight & Weekends | Allowed | Allowed | Allowed | Allowed | Allowed | Allo

Question 4

What is the Payout Locker?

Accepted Answer

Why is there a Payout Locker?

One of the most crucial aspects that many traders overlook is the necessity of efficient risk management with a focus on generating consistent profits.

We have encountered numerous traders who recklessly gamble with their earnings and show no sense of responsibility.

Traders who are only here for quick gains without following a long-term strategy and effective risk management are not the type of traders we look for at FTUK.

We firmly believe that companies should prioritize protecting their capital as it is in nobodies interest to reach the maximum drawdown limit.

We have stayed open and thrived in a field where many of our competitors have closed down.

When does the payout locker take effect?

The Payout Locker will only kick in when:

The trader has achieved a profit target of 10%.
The trader's account has been approved for scaling up.
10 trading days have passed in the new level.
The trader has requested a payout.

* The trader has read, and accepted the Payout Locker terms and conditions that are presented at the time of request.

What does the Payout Locker do?

If the trader chooses to make a withdrawal, the default drawdown limit will be automatically moved to equal that of the starting funded balance of that level for the remaining duration of trading activity on that new level.

Example: You scaled to level 2 and have a $20,000 account.
Your drawdown stop out level is $18,600.
Yo

Question 5

Can I trade the news?

Accepted Answer

Can I trade the news?

On our evaluation programs trading within 5 minutes either side of major news releases is prohibited unless you have purchased the news trading add-on.

###### On our new instant funding program purchased on or after 20/02/2025, news trading is allowed.

If a trade is opened, modified or closed within 5 minutes of any of these data releases, it may be considered a soft breach and your profits could be removed from your account balance.

The following is a list of all economic calendar releases that FTUK regards as major:

Non Farm Payroll (NFP)
Harmonized Index of Consumer Prices (HICP) - USA & Eurozone
ADP Employment Change
Federal Insterest Rate Decisions
Gross Domestic Product (GDP) - All Countries
Federal Monetary Policy Statement
Federal Open Market Commitee (FOMC) Press Conference
Federal Open Market Commitee (FOMC) Minutes
Trade Balance - All Countries
Unemployment Rates - All Countries
Bank of England (BoE) Interest Rate Decision
Manufacturing Purchasing Managers Index (PMI)
Comsumer Price Index - All Countries
Interest Rate Decisions - All Countries
Rate Statements - All Countries
Retail Sales - All Countries
Employment Change - All Countries
Inflation Expectations - All Countries
Claimant Count Change - UK
Producer Price Index - All Countries
Press Conferences - All Co

Question 6

What trading styles are permitted?

Accepted Answer

What trading styles are permitted?

| | EA/Bot | Manual | | ---- | | Martingale | ✘ | ✔ | | Tick Scalping | ✘ | ✔ | | Reverse Arbitrage Trading | ✘ | ✘ | | Latency Arbitrage Trading | ✘ | ✘ | | Hedge Arbitrage Trading | ✘ | ✘ | | Hedging (One Account) | ✘ | ✔ | | Hedging (Multiple Accounts) | ✘ | ✘ | | Scalping* | ✘ | ✔ | | High-Frequency Trading | ✘ | ✔ | | Grid Trading | ✘ | ✘ | | Intraday Trading | ✔ | ✔ |

Trades must stay open for a minimum of 30 seconds.

|| IMPORTANT: Stop Losses must be placed within 60 seconds of executing a trade, unless you have the ** no stop-loss add on **.

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