Can I use an EA or Robot?
Yes, we allow the use of any risk management EA or Trading Bot as long as they are not used in the following ways:
Martingale
Tick scalping
Reverse arbitrage trading
Latency arbitrage trading
Hedge arbitrage trading
HFT (High Frequency Trading), Grid TradingPopularDo I need to use a stoploss on all my trades?
A stoploss is mandatory and this needs to be set at a maximum of 2% of the starting balance.Some readersCan I use a trade copier?
Yes, you are allowed to copy trades from a non FTUK account to a FTUK account, but you are not allowed to copy trades to multiple FTUK accounts.Some readersWhat platforms do you offer?
FTUK’s Trading Platform technology is powered by a regulated broker. Traders can choose their preferred platform upon signing up with FTUK, subject to availability.Some readersDo you allow scalping?
Yes, all trading styles are welcome but a trade needs to be open for at least 30 seconds.
If a trade is opened by mistake and closed within 30 seconds then the trader won't be punished, but if it is part of the traders strategy then it could lead to a termination.Some readersWhat is the leverage?
The leverage is up to 1:100.
The leverage starts off at 1:10 and it gradually increases as the trader scales through the levels. Please see our scaling plan here for more information:
Scaling Plan
Leverage for indices are fixed at 1:5 on all levels for all accounts and come with a contract size of 10.
Leverage for cryptocurrencies are fixed at 1:2 on all levels.Few readersCan I trade during major news?
Yes, we allow our traders to trade during news events.Few readersDo you allow hedging?
Yes, as long as you manage your trades so that there are no rule violations.Few readersCan I hold trades over the weekend?
Yes, there is no time limit to trade durations, and we allow the trader to hold trades over weekends.Few readersCan I hold trades overnight?
Yes! There is no time limit to trade durations, and we allow the trader to hold trades overnight.Few readersInactivity of 30 days
Traders will need to execute and close a trade at least every 30 days. If the trading account goes dormant for 30 days or more FTUK/The broker reserves the right to terminate the account.Few readersWho owns the accounts?
All trading accounts that we open and its capital are legally owned by Forex Traders UK.Few readersDoes FTUK check EA's?
We reserve the right to inspect an EA, its source code, and its strategy at any time.Few readers