Introduction:
In the competitive world of funded trading programs, traders are constantly seeking opportunities that can provide them with the necessary resources and support to pursue a successful trading career. In this blog post, we will provide a comprehensive comparison between the UProfit Trader Funded Program and FundedNext Funded Trading Program, two prominent firms in the industry. We at WhichFunded, have carefully analyzed and evaluated both programs to help traders make an informed decision.
| Prop Firm Details | Funded Next | Uprofit |
| Year Founded | 2022 | 2019 |
| Maximum Balance | $4,000,000 | $200,000 |
| Tradeable Assets | Forex Indices Metals Commodities |
Equity Futures Forex Futures Agricultural Futures Energy Futures Interest Rate Futures Metals Futures |
| Challenge Type | One-Step Evaluation Two Step Evaluation |
One-Step Evaluation |
| Trading Platforms | MT4 | NinjaTrader TigerTrade OptimusFlow InsideEdge Trader Volfix Overcharts Medved Trader Quantower QST ScalpTool TSLAB TradeNavigator SierraChart MultiCharts Photon MotiveWave Bookmap X-Ray |
| Trading Hours | Holding Overnight Holding Over Weekend |
❌ |
| Copy Trading | ✅ | ✅ |
| News Trading | ❌ | ✅ |
| EAs | ✅ | ✅ |
| Trust Pilot Rating⭐ | 4.6 / 5.0 | 4.8 / 5.0 |
| Trust Pilot Reviews | 3,923 | 5,617 |
| Payment Types | Wire Transfer Paylpal Crypto Payoneer Coinbase Revolut Wise |
Paypal Crypto Credit Card |
| One Step Rules | FundedNext | Uprofit |
| Profit Target | 25% | 10% – 5% |
| Max Daily Loss | 5% | ❌ |
| Max Daily Drawdown | ❌ | 8.9% – 2.5% |
| Max Loss | 10% | ❌ |
| Max Drawdown | ❌ | 3.9% – 2% |
| Minimum Trading Days | 10 | 10 |
| Maximum Trading Days | ❌ | ❌ |
| Profit Split | 60%, up to 90% | 50%, up to 80% |
Funding Models:
UProfit Trader Funded Program offers multiple program options tailored to traders’ experience and capital levels, ranging from Basic to Premium Programs. Each program comes with specific profit targets, contract limits, and daily loss limits, allowing traders to choose the option that aligns with their goals. On the other hand, the FundedNext Funded Trading Program offers three distinct funding models: the Evaluation Model, the Express Model, and the Stellar Challenge. These models provide traders with flexibility and structured approaches to showcase their trading abilities and achieve profit targets.
Risk Management:
Both UProfit and FundedNext emphasize the importance of risk management in trading success. UProfit Trader Funded Program has established risk management rules, including a daily loss limit and a Pro Drawdown EOD, to help traders maintain discipline and protect their capital. FundedNext ensures a reliable trading environment by calculating the maximum daily drawdown based on traders’ balance, which aligns with their promise of being the world’s most reliable prop firm.
Profit Sharing and Trading Conditions:
UProfit Trader Funded Program offers fully funded trading accounts to traders who complete the evaluation process. Traders can access UProfit’s Live Accounts and withdraw their profits, with an average monthly withdrawal of over $200,000. On the other hand, FundedNext stands out by offering a generous profit sharing of up to 15% from the profit traders make during the challenge phases. This incentivizes top traders and demonstrates FundedNext’s dedication to delivering attractive payout bonuses in the industry. Both programs provide competitive trading conditions, including raw spreads, low commissions, and optimal execution.
Feedback and Testimonials:
UProfit’s Funded Trading Program has received positive feedback from traders who have participated. Traders appreciate the clear trading rules, realistic profit targets, and excellent customer service provided by UProfit. They have successfully passed the evaluation phase and found UProfit to be a reliable and supportive platform for their trading career. FundedNext, as a leading funded trading program, has gained recognition for its comprehensive platform and commitment to empowering traders worldwide.
Conclusion:
After carefully evaluating the UProfit Trader Funded Program and FundedNext Funded Trading Program, we can conclude that both firms offer valuable opportunities for traders to pursue their trading aspirations. UProfit provides a clear path for traders to become master traders, with various program options and attractive profit-sharing opportunities. FundedNext, on the other hand, offers diverse funding models and a generous profit-sharing scheme, along with the best prop trading conditions. Ultimately, the choice between these programs depends on traders’ preferences, experience, and trading goals.
At WhichFunded, we aim to provide traders with reliable information and insights to help them make informed decisions. Whether you choose the UProfit Trader Funded Program or the FundedNext Funded Trading Program, we encourage you to thoroughly research and evaluate each program’s features to ensure it aligns with your trading journey. Happy trading!
