Is Funded Trading Plus Available in Singapore?

Key Facts for Singapore Traders

**Yes, Funded Trading Plus is fully available to Singapore traders with 1:30 leverage and no program modifications.** As a Singapore-based trader, you can access their complete range of funded trading challenges without any geographical restrictions or modified terms. **What This Means for You as a Singapore Trader** You have full access to Funded Trading Plus's forex-focused challenge program. The firm offers a straightforward two-phase evaluation with a 10% profit target in phase 1, followed by funded account access where you can earn between 80% and 100% of profits depending on your performance level. The maximum leverage available is 1:30, which aligns with conservative risk management standards. The challenge structure includes a 4% maximum daily loss limit and 6% maximum total loss limit, providing clear risk parameters. You're allowed to trade through news events, which is particularly valuable given Singapore's timezone advantage for both Asian and European market sessions. However, expert advisors and automated trading bots are not permitted, so you'll need to trade manually. **Platform and Payment Options** Funded Trading Plus provides four trading platforms: MT5, cTrader, DxTrade, and Match Trade. This variety gives you flexibility to choose the platform that best suits your trading style. MT5 and cTrader are particularly popular among Singapore traders due to their advanced charting capabilities and order management tools. For payments, you can typically use both SGD and USD bank transfers, as well as cryptocurrency options. This flexibility is important since you'll need to pay the initial challenge fee and later receive profit payouts. The firm's London headquarters means payouts usually process during European business hours, which may cause a slight delay due to timezone differences. **Regulatory Context** While Singapore's Monetary Authority of Singapore (MAS) regulates local financial services, foreign prop trading challenges like Funded Trading Plus typically operate outside MAS oversight. This is standard for the industry and doesn't prevent you from participating. The firm operates from London under UK regulations, and Singaporean traders are generally accepted by most international prop firms without issues. You should understand that prop trading involves using the firm's capital rather than regulated client funds, which places these services in a different regulatory category than traditional retail forex brokers. **How to Get Started** Signing up is straightforward - you can register directly through their website and select your preferred challenge size. Start by choosing a challenge amount that matches your risk tolerance and trading experience. The firm offers various account sizes, allowing you to scale according to your comfort level. Before beginning, ensure you're comfortable with the forex-only instrument selection. Funded Trading Plus doesn't offer indices or cryptocurrency trading, so your strategies must focus exclusively on currency pairs. This specialization can be advantageous if you're already a dedicated forex trader, but limiting if you prefer diversified markets. **What to Watch Out For** The 4% daily loss limit requires careful position sizing, especially given the 1:30 leverage. Calculate your maximum position sizes in advance to avoid accidentally violating this rule during volatile market conditions. Singapore's timezone puts you in a good position for trading the Asian session opens and European session overlaps, but be mindful of managing positions during the transition between major sessions. News trading is allowed, which is beneficial, but remember that manual trading requirements mean you'll need to be actively monitoring positions during high-impact news releases. The firm's 4.7 trust score from 3,000 reviews suggests positive trader experiences, but always start with their smallest challenge size to test their platform and payout processes. **Long-term Considerations** Once funded, you'll need to maintain consistent performance to keep your funded account and potentially scale to larger capital allocations. The progression from 80% to 100% profit splits provides incentive for long-term partnership. Singapore's stable internet infrastructure and proximity to major financial markets make it an excellent base for funded trading operations. Consider the time commitment required for manual trading and ensure your schedule aligns with the market sessions you plan to trade most actively.

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