There are way too many prop trading scams, and Simon Massey’s Funded Trading Plus might be one of them.
I have seen innumerable complaints against Simon Massey and his prop firm.
Before you trust FTP with your hard-earned money, please read through these complaints and see how many people have suffered because of Simon and his firm.
What Simon Massey Claims to Be
The Chief Executive Officer of Funded Trading Plus is Simon Massey. When he was a young man, he was an adrenaline-driven individual who became convinced that working as a first responder in emergency services would provide him with a sense of fulfilment and a profession that would last for a long time.
On the other hand, after ten years, he observed how his future was developing and came to the conclusion that this was not the way he should be going. During his time off, he deliberated over his choices for the future and made the decision to take a leave of absence.
Pasha, a friend of Simon’s who had previously worked as a city trader for one of the larger Wall Street banks and was also a successful retail trader, was the one who suggested that Simon become involved in the financial industry.
It was during his time spent learning from Pasha that he became aware of the multiple opportunities that were available to him, which inspired him to begin trading on his own. After working for a few years, he made the decision to leave his job and begin trading on a full-time basis.
Alongside his involvement in trade, Simon also devoted his time to assisting and guiding other people. Through the implementation of this concept, Trade Room Plus was established so that he and Michael could impart their knowledge to others and assist them in beginning their adventure in the world of trading.
On the other hand, the idea of Funded Trading Plus originated from the considerable advantage that Pasha had over the typical retail traders, which was a substantial amount of funds. It is through this method that the newly established proprietary trading firm makes it possible for every individual to operate with greater sums of capital, which would have been normally out of reach for the usual retail traders.
#1. You guys claim that my account has been compromised, although I never lose more than $50,000. To the best of my understanding, the daily drawdown was only applicable when the amount of money was less than $50,000. Not all the time, even when I had a $5,000 advantage. I had been counting on this dividend to cover my rent payments. There was never a single instance in which I fell below $50,000; I was at $52,000 when you guys severed my account. There is no logic behind it. Every time, I am making a profit. I made you guys a total of two thousand dollars, and you took it and left.
#2. More than forty-eight hours, or two days, have passed since I passed my account, and I have not yet received my life account. I have even submitted a ticket, but I have not received a response. This is the first time that I have had to wait for more than two days. I have screenshots that show that I passed it on February 27. No other emails have followed since then. If I get my login, I will update you guys and let you know, but I am missing trade that I could have been it.
#3. This is just a polite reminder that when you pass the evolution and obtain a funded account, if they find that you are a competent trader and that you are always making a profit, they will give you your first payout. However, if they notice that you are trading someone else’s account or that you are associated to someone else, they will ban you for some silly reason. YOU SHOULD AVOID SCAMMERS LIKE THIS ONE.
#4. Despite the fact that we are truly purchasing the challenge that is equivalent to the daily drawdown in reality, the drawdown rule will be extremely difficult to understand.
The irregularity in the maintenance of the trading platform that I subscribed to is the most frustrating aspect of the situation.
My positions were closed, causing me to miss out on great trading opportunities, and it took them a very long time to migrate me to another platform. I will advise anyone who is looking for a proper prop firm to only go for instant funding firms and to avoid all of these other crappy so-called transparent evaluation based firms.
I received an email from them last week advising me to close all of my positions because MT4 will no longer be available. This email came so quickly that I did not have enough time to prepare for it.
#5. The worst company in the world, I make fifteen thousand dollars with them, and they end up removing me from the company because I was profitable. These motherfuckers only want to make money off of traders who lose their accounts because they prohibit you after three payouts if you withdraw money frequently. Scammerssssssssss.
#6. I have been cheated out of a live stimulus account by these individuals! It is impossible to know who else they are looting! I have all of the videos and screen images of the trades that I used to pass my account. I passed the account with only three excellent trades, and they claim that I may be a trader that they have banned in the past. I have passed my account without any problems. It’s the first time I’ve ever heard this from a prop company! This is not the road to development.
#7. It is a pretty poor business. A user account was created by them for no apparent purpose, and it did not violate any of the rules. Despite my efforts to contact assistance, they were unable to resolve the issue for me. Everyone receives my advice without having to deal with it.
#8. It is a pretty poor business. A user account was created by them for no apparent purpose, and it did not violate any of the rules. Despite my efforts to contact assistance, they were unable to resolve the issue for me. Everyone receives my advice without having to deal with it.
Red Flags in Funded Trading Plus Prop Firm
The explosion of proprietary (prop) trading firms over the last few years has opened up exciting opportunities for aspiring traders around the world. Many of these firms offer access to large accounts and attractive profit splits, all in exchange for passing a structured challenge and following certain rules. But not all prop firms are created equal.
One firm that has drawn attention, both positive and negative—is Funded Trading Plus, led by Simon Massey. Marketed as a trader-first company with straightforward rules and high payouts, Funded Trading Plus (FTP) has rapidly gained popularity in the retail trading space. However, a growing chorus of traders has flagged concerns about how the firm operates behind the scenes.
In this article, we take a closer look at the red flags surrounding Simon Massey’s Funded Trading Plus—and why cautious traders might want to dig deeper before signing up.
1. Opaque Corporate Structure and Leadership Credentials
While Simon Massey is often presented as the face of Funded Trading Plus, there is little verifiable public information about his background in trading or finance. Other than a few social media videos and marketing pieces, Massey does not appear to have a long-standing, transparent trading record or financial services background that traders can examine.
This lack of transparency becomes especially concerning when considering the firm’s scale. Prop firms that ask for traders’ time, performance, and—often—money (in the form of challenge fees) should be fully open about who runs them, what qualifications they hold, and how they manage risk. Without this transparency, traders are operating on blind trust.
2. Shifting Rules and Inconsistent Enforcement
Multiple reviews on Trustpilot, Reddit, and trading forums have pointed out that Funded Trading Plus has changed its challenge rules with little warning. While updating policies is normal for any growing business, traders have reported that rule changes have occurred midway through challenges—leading to disqualifications or denied payouts.
Examples include:
- Modifying maximum drawdown calculations
- Adding new restrictions on trading around news events
- Vague wording around what constitutes a “breach”
This type of behavior puts traders at a disadvantage and can feel like the firm is more interested in generating revenue through failed challenges than building a community of funded traders.
3. Lack of Third-Party Verified Performance Data
One major red flag is that Funded Trading Plus does not share any third-party verified performance data—such as on MyFXBook or FX Blue. Without transparency into how many traders are successfully funded, how payouts are distributed, or what the average success rate is, traders are left in the dark.
Firms like FTMO and The5ers have shared this type of data or, at the very least, have active communities of verified funded traders sharing results. In the case of FTP, while some testimonials exist, there’s little in the way of hard evidence that the firm is consistently funding and paying traders over the long term
4. Limited Legal and Regulatory Oversight
Funded Trading Plus, like most prop firms, operates in an unregulated gray area. That’s not unique in the prop space—many firms work without formal regulation since they claim not to offer investment services.
However, when a firm lacks regulatory oversight, it becomes even more important that it provides:
- Clear refund policies
- Legal jurisdiction and recourse terms
- Transparent ownership and operating agreements
FTP’s legal documentation is relatively sparse, and the company appears to be incorporated in an offshore or vague jurisdiction. If a trader faces an issue—like a withheld payout or an account ban—there may be no reliable legal recourse.
5. Customer Support Concerns
Several users have voiced dissatisfaction with Funded Trading Plus’s customer service, especially when issues arise involving:
- Disputed violations
- Rule clarifications
- Refund requests
Support responses are reportedly slow, dismissive, or overly generic, leading traders to feel unsupported in high-stakes situations. For a firm whose success depends on trader trust and performance, lack of strong support is a major red flag.
6. Marketing Hype Over Substance
FTP leans heavily into marketing language like “no time limits,” “highest profit splits,” and “instant funding.” While these features are attractive, traders should be wary of firms that overpromise and underdeliver.
Much of FTP’s promotional content focuses on how “easy” it is to become a professional trader with their funding. However, the reality of trading is far more complex and risk-driven. If a firm pushes hype rather than educating its community about the realities of risk, strategy, and capital management, it signals a potentially predatory business model.
7. Profit Model Heavily Dependent on Challenge Fees
A common critique of many newer prop firms is that their business model is primarily based on collecting fees from traders taking—and often failing—their evaluation challenges. Funded Trading Plus is no exception.
With limited evidence of consistent trader payouts or firm profitability from actual trading activity, the question arises: Is FTP a trading firm or a challenge-selling business?
When too many incentives point toward challenge fees instead of long-term trader development, it suggests the firm might prioritize volume over value.
Conclusion: Look Past the Hype
Funded Trading Plus has built a reputation as an accessible and user-friendly prop firm, but numerous red flags should give potential traders pause. From limited leadership transparency and shifting rules to payout concerns and marketing overdrive, several indicators warrant closer scrutiny.
