TPThe Trading Playbook

Updated 2026-03-08

Funded Trading Plus Profit Target (Phase 2) Rule Explained

Funded Trading Plus
Quick Answer

Funded Trading Plus requires a 5% profit target to pass Phase 2 evaluation and receive funding.

The profit target is calculated as 5% of your initial Phase 2 account balance - so $1,250 for a $25,000 account or $5,000 for a $100,000 account. This must be achieved in closed/realized profits only. Failing to reach this target means you cannot advance to receive your funded trading account.

Key Rule Details

Target
5%
Dollar Target ($100,000)
$5,000
Phase
Phase 2 only
Time Limit
None
Min Days
None

Calculation Example

Account Size: $100,000Profit Target (Phase 2): $5,000
Account Size$100,000
Profit Target (Phase 2) Limit$5,000
Scenario: Closed P&L$3,000
Scenario: Floating P&L$0
Total Exposure$3,000
Remaining Buffer$2,000
Limit used:60%

Common Mistakes

Counting Unrealized Profits
Many traders assume their floating P&L counts toward the 5% target and close Phase 2 prematurely. Only closed trades contribute to the profit target calculation. If you have $1,200 in closed profits and $300 in open positions on a $25,000 account, you've only achieved 4.8% and haven't passed yet.
Miscalculating Target Amount
Traders often calculate 5% incorrectly or forget their exact account size. On a $50,000 Phase 2 account, you need exactly $2,500 in closed profits, not $2,000 or $3,000. Double-check your math based on your specific account balance to avoid trading longer than necessary or stopping too early.
Stopping at 4.9%
Some traders stop trading when they're close but haven't quite hit 5%, thinking it's sufficient. At Funded Trading Plus, you must achieve the full 5% profit target to pass Phase 2. On a $100,000 account, $4,900 in profits isn't enough - you need the complete $5,000 to advance to funding.
Ignoring Risk Rules Near Target
Traders become reckless when approaching the 5% target, forgetting about the 5% daily loss and 10% total loss limits. You can still fail Phase 2 even after hitting your profit target if you subsequently breach these risk management rules before officially completing the evaluation.

Protection Strategies

Set Personal Target at 5.5-6%
Aim for 5.5-6% profit instead of exactly 5% to create a safety buffer above the minimum requirement. This accounts for any calculation errors or minor drawdowns that might pull you below the threshold. On a $50,000 account, target $2,750-$3,000 instead of just $2,500.
Use Conservative Position Sizing Near Target
Once you reach 4% profit, reduce your position sizes to minimize the risk of large losses that could set you back. Risk only 0.5-1% per trade instead of your usual amount to steadily reach 5% without jeopardizing your progress through a major losing trade.
Track Progress with Daily Profit Alerts
Set up alerts or maintain a spreadsheet tracking your closed P&L against the 5% target daily. This prevents miscalculations and ensures you know exactly where you stand. Monitor only realized profits, not floating positions, to get an accurate picture of your Phase 2 progress.
Avoid High-Impact News When Close
When you're within 0.5% of the target, avoid trading during major economic releases or volatile market sessions. The increased volatility could either push you well past the target (wasting potential) or cause significant losses that set back your progress substantially.

Related Rules

Maximum Daily Loss
5%
Maximum Total Loss
10%
Profit Target (Phase 1)
10%
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.