Funded Trading Plus vs Leveled Up Society

Comparing Funded Trading Plus and Leveled Up Society

For retail traders seeking additional capital support and a chance to profit from financial markets without risking personal funds, proprietary trading firms like Funded Trading Plus and Leveled Up Society offer promising opportunities. When choosing between these prop firms, one must consider various factors, such as funding programs, profit splits, trading tools, and restrictions.

Funded Trading Plus

Funded Trading Plus makes a significant impact with their varied funding programs, offering substantial capital of up to $2,500,000 to traders. This large capital base, paired with an impressive 90% profit split and flexible terms like no trading day restrictions, positions this prop firm as an attractive option for serious traders. Their excellent support system and scaling opportunities stand out, aiding traders in their journey toward scalability and financial growth. Funded Trading Plus's comprehensive trading tools, permitting trade in forex, commodities, indices, and cryptocurrencies, offer traders a wide arena to employ their strategies. A sore point might be the absence of details regarding Firm 1 Cons, which retail traders should investigate before enrolling in their programs. Familiarity with the rules is also crucial; with restrictions on weekend holding, traders must plan their strategies accordingly, keeping an eye on maximum daily loss and trailing drawdown. Deposit methods are straightforward, including credit/debit cards and cryptocurrency, while withdrawals through Deel and crypto underline their modern approach to finance.

Leveled Up Society

Leveled Up Society, younger by seven months than its competitor, does not lag behind in its offerings. It incentivizes traders with account balances of up to $1,000,000 and unusually generous terms, such as unlimited evaluation retries—this is particularly beneficial for traders who might need multiple attempts at mastering market strategies. Profit distributions happen every two weeks, with a respectable share of 80% to 90%. This prop firm also allows positions to be held overnight and over weekends, which is a boon for swing traders. However, the firm imposes a trailing drawdown on single-step accounts and prohibits certain trade styles, such as martingale strategies and trading during news releases. These restrictions may hinder traders who specialize in news-trading or who prefer aggressive risk management techniques. Additionally, although account scaling with 1:100 leverage is offered, traders must navigate rules such as the ban on news trading and the use of martingale strategies carefully. Like Funded Trading Plus, deposit methods include credit/debit cards and crypto, with Deel specified as the withdrawal method, ensuring consistency in the transactional processes.

Conclusion: Choosing Your Prop Firm Ally

In summary, both Funded Trading Plus and Leveled Up Society boast features that can address the needs of diverse trading styles. Choosing between them ultimately depends on a trader's preference for higher capital allocation and less restrictive trading conditions with Funded Trading Plus, or the appeal of unlimited evaluation retries and both overnight and weekend position holding with Leveled Up Society. Potential users must weigh these distinctive offerings against individual trading strategies and risk tolerance. As a trader, it's imperative to perform due diligence on the fine print—such as the specific restrictions and drawdown rules of each firm—to align with a prop firm that best enhances their ability to trade successfully.