Funded Trading Plus (FTP) has just expanded its C-level lineup with veteran trader Andrew Lockwood, who has over 35 years of experience in financial markets. In the past, he worked for more than a decade at UBS and Lehman Brothers.

Funded Trading Plus Appoints Andrew Lockwood as Head of Trader Education

Lockwood’s career began on the London Stock Exchange and later transitioned to the trading pits of the London International Financial Futures Exchange (LIFFE), where he specialized in UK, US, and German bonds, as well as FTSE and sterling markets.

In addition, he has held senior roles at firms including UBS Warburg, Swiss Bank, and Lehman Brothers. In recent years, Lockwood has focused on online trading and education, teaching over 100,000 students and building a social media following of more than 350,000.

"Andrew’s wealth of experience and proven track record in both trading and education will be invaluable to our community of funded traders,” said Simon Massey, CEO of Funded Trading Plus. “His passion for educating the next generation of traders aligns perfectly with our mission to provide unmatched resources and support to those pursuing success in the funded trading space."

Funded Trading Plus managed to stay in the market in 2024, despite challenging conditions. Estimates suggest that between 80 and 100 prop firms may have shut down last year due to an industry reshuffle.

Head of Trader Education

Andrew Lockwood's official title is Head of Trader Education. According to information shared with Finance Magnates, he will be responsible for developing new materials and educational campaigns for both existing and new clients of the proprietary trading firm.

"Joining Funded Trading Plus is an exciting opportunity to share my knowledge with a wider audience and help traders of all levels improve their skills,” said Lockwood. “Funded Trading Plus stands out as the most trusted prop firm in the funded trading space, and I’m eager to contribute to its success by building the best educational content for its growing community."

MetaTrader No More

Although Funded Trading Plus is neither the largest nor the most popular prop trading firm, it managed to survive the industry's challenges from the past year. As reported by Finance Magnates, it was one of the first firms to confirm that Eightcap had decided to terminate its services for the prop trading industry at the end of February 2024.

In response, the firm switched its brokerage partner to ThinkMarkets and discontinued offering MetaTrader. Currently, its platform lineup includes MatchTrader, DXTrade, and cTrader.

Source: Finance Magnates