TPThe Trading Playbook

Updated 2026-03-08

Funded Trading Plus Profit Target (Phase 1) Rule Explained

Funded Trading Plus
Quick Answer

Funded Trading Plus's Phase 1 Profit Target requires achieving 10% profit on your initial account balance to advance.

The profit target is calculated based on your starting account balance, requiring $2,500 profit on a $25k account or $20,000 on a $200k account. You must achieve this target through closed trades to pass Phase 1 and advance to Phase 2 of the evaluation.

Key Rule Details

Target
10%
Dollar Target ($100,000)
$10,000
Phase
Phase 1 only
Time Limit
None
Min Days
None

Calculation Example

Account Size: $100,000Profit Target (Phase 1): $10,000
Account Size$100,000
Profit Target (Phase 1) Limit$10,000
Scenario: Closed P&L$6,000
Scenario: Floating P&L$0
Total Exposure$6,000
Remaining Buffer$4,000
Limit used:60%

Common Mistakes

Counting Unrealized Profits
Traders often assume floating profits count toward the 10% target, but only closed trade profits qualify. On a $50k account needing $5,000 profit, having $6,000 in open positions won't pass you to Phase 2 until those trades are closed.
Ignoring Account Balance Changes
Some traders miscalculate their target after drawdowns, but the 10% is always based on initial balance. A $100k account always needs $10,000 total profit regardless of current balance, not 10% of whatever the current equity shows.
Rushing Near Target Achievement
Traders often overtrade aggressively when close to the 10% target, risking the 5% daily loss or 10% total loss limits. Being at 9% profit and taking excessive risk can trigger account failure instead of Phase 2 qualification.
Not Tracking Progress Accurately
Many traders lose track of their exact profit progress and either undertrade thinking they've hit 10% or overtrade believing they need more. On a $25k account, the difference between $2,400 and $2,500 profit means staying in Phase 1 versus advancing.

Protection Strategies

Set Personal Target at 11% Profit
Aim for 1% above the required 10% to create a safety buffer for any calculation discrepancies or small losing trades. This means targeting $2,750 on a $25k account or $11,000 on a $100k account before considering Phase 1 complete.
Use Conservative Position Sizing Throughout
Risk only 1-2% per trade to steadily build toward the 10% target without triggering loss limits. This approach typically requires 5-10 successful trades to reach the profit target while maintaining account safety throughout the evaluation period.
Set Daily Profit Milestone Alerts
Track progress with alerts at 2.5%, 5%, 7.5%, and 10% profit levels to monitor advancement pace. This helps maintain steady progress without rushed decision-making, ensuring you can close profitable positions at optimal times rather than holding too long.
Avoid Trading Final Day Rush
Stop active trading once you've achieved the 10% target rather than continuing to trade. Additional trading after hitting your $5,000 target on a $50k account only introduces unnecessary risk of triggering daily or total loss limits that could fail the account.

Related Rules

Maximum Daily Loss
5%
Maximum Total Loss
10%
Profit Target (Phase 2)
5%
Payout Split & Schedule
80% (up to 100%)

Funded Trading Plus Comparisons

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Frequently Asked Questions

Disclaimer: This guide is for informational purposes only and does not constitute financial advice. Prop firm rules change regularly — always verify current terms on Funded Trading Plus's official website before purchasing a challenge. Updated 2026-03-08.