Universal Rules (All Accounts)

• What is the Account Protector?

  The FTUK Account Protector is an automated tool which helps maintain good risk management practices when traders get emotional.Featured

• Do I need to use a stop loss?

  Short answer - yes! We require all traders to work with a Stop Loss which must be placed within the 60 seconds of entering a position.Featured

• Can I trade the news?

  Can I trade the news? Trading within 5 minutes either side of major news releases is prohibited. 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. (https://storage.crisp.chat/users/helpdesk/website/9d88f09813839000/news-trading-rule14fporx.jpFew readers

• What trading styles are permitted?

  What trading styles are permitted?Few readers

• What are the drawdown limits?

  What is the maximum total drawdown? Instant Funding The maximum drawdown at every stage of the instant funding program is 6%. This is a STATIC DRAWDOWN. EXAMPLE: If you are trading the 10K account, your account balance must not fall below $9,400. One-Step The maximum drawdown for the One Step program including the evaluation phase is 8%. This is a RELATIVE DRAWDOWN based on your BALANCE. EXAMPLE: If you are tradingFew readers

• What is the leverage?

  What is the leverage in FOREX? For FOREX pairs, the leverage increases along with the account balance as you work your way through the scaling plan. TWO-STEP Challenge Verification Funded 1 Funded 2 Funded 3 Funded 4 Funded 5 Funded 6 Funded 7 | ONE-STEP EvaluFew readers

• Is copy trading permitted?

  Is copy trading permitted? Yes, you are allowed to copy trades from a non FTUK account to a FTUK account. However, you are not allowed to copy trades between multiple FTUK accounts.Few readers

• Can I use EAs and trading bots?

  Can I use EAs and trading bots? Trading bots and Expert Advisors (EA) are currently permitted at FTUK. However, they must not be used to trade in certain ways including tick scalping or martingale.Few readers

• How many accounts can I have with FTUK?

  How many accounts can I have with FTUK? Our traders may purchase and trade up to 3 accounts at once. It is important that you use a different strategy on each account so we can diversify our portfolio and reduce our exposure and risk. PLEASE NOTE: We are unable to merge FTUK accounts, and we do not permit trade copying between FTUK accounts.Few readers

• Do you allow VPSs or VPNs?

  Do you allow the use of Virtual Private Networks (VPN) or Virtual Private Servers (VPS)? You are allowed to use a fixed VPS or VPN as long as the trades originate from the same IP address. Should we detect a pattern of utilizing numerous diverse IP addresses from various countries at the same time for trade placement or attempting to conceal IP addresses. Such behavior will result in account termination.Few readers

• What is the inactivity rule?

  What is the inactivity rule? At FTUK, we ask that a trader places a trade at least once every . Failure to do so will result in an automatic hard breach. What if I need to take a break? If you need to take a break for any reason at all and you know you will not be placing a trade for between 30 and 90 days then please get in touch with us to let us know. We will leave a marker on your trading account so it will rFew readers

• Can I hold trades overnight and over the weekend?

  Can I hold trades overnight? Yes! You are free to keep your trades open overnight. Please be aware of the increased liquidity durning rollover periods. This occurs in every market and it is up to the trader to make sure their risk is controlled during these times. Can I hold trades over the weekend? Yes, keeping trades overnight is permitted too. As before, be aware of the increased liquidity leading up to the markets closing, and adjust your risk strategy accordingly.Few readers

• What are the minimum trading days?

  What are the minimum trading days? You can see a full run down of the rules for every account we offer, including the minimum trading days for both scaling and payouts. Two-Step Rules One-Step Rules Instant Funding Rules (https://faq.ftuk.com/en/article/what-are-tFew readers

• How do you define a trading day for scaling up?

  What is a trading day? We no longer define a trading day as a 24 hour period where a trade has been opened. Scaling Up For our Two-Step, One-Step and Instant Funding models... In order to be scaled up, you must meet the minimum trading day criteria. A trading day for scaling up is defined as any 24 hour period between market rollover (10pm, UK time) To be considered for scaling on the Two-Step program you need a minumum of 3 trading days. To be considered forFew readers

Platforms & Data Feeds

• Which broker do you use?

  Which broker do you use at FTUK? Each of our platforms uses a different broker to provide the market data, you can check out which here:Few readers

• What instruments can I trade?

  What instruments can I trade?Few readers

• What are the spreads?

  Whilst there is no definitive answer to this question, there are certain things to be aware of when it comes to spreads on your trading platform. What are spreads? The spread is the name generally given to the difference between the buying price and the selling price of an instrument or asset. Why do spreads move? During quieFew readers

• What are the commission and swap fees?

  COMMISSIONS What are commissions? Commissions are a charge made by a broker through the electronic communications network (ECN) for their service of buying or selling intruments for you, the trader. How much are the commissions on FTUK accounts? Commissions are charged at a flat rate of $4 per standard lot on FOREX pairs only. There are no commissions appicable to commodities, indices or cryptocurrencies.Few readers

Breaches

• What are account breaches?

  What are account breaches? Breaches are automatically placed on accounts that break any of our TRADING RULES. The severity of a breach usually falls into two categories: Hard Breach - Accounts with these breaches are terminated and trading is ceased. Soft Breach - Accounts with these breaches won't be closed immediately but will be monitored more closely by a member of the risk management team. The followiFew readers

• Do I need to be consistent in my trades?

  FTUK traders should demonstrate logical risk throughout their trading month. We do not limit your risk or lot size on situations. For this reason, you are expected to use consistent risk throughout each trading month. We ask our traders to adhere to the following guidelines: Traders should use consistent risk each day. Traders should use a consistent trading style throughout their trading month. You may also choose to use multiple styles, but if so, this pattern would also need to be consisPopular