Introduction:
In today’s blog post, we will compare two prominent funded trading programs: FundedNext and TopTier Trader. As traders who have experienced both programs, we at WhichFunded understand the value of comprehensive evaluations, funding opportunities, supportive communities, and transparent pricing. Let’s dive into the details and explore the unique features of each program.
Prop Firm Details | Funded Next | TopTier Trader |
Year Founded | 2022 | 2021 |
Maximum Balance | $4,000,000 | $300,000 |
Tradeable Assets | Forex Indices Metals Commodities |
Forex Indices Metals Commodities Crypto |
Challenge Type | One-Step Evaluation Two Step Evaluation |
Two Step Evaluation |
Trading Platforms | MT4 | MT4 |
Trading Hours | Holding Overnight Holding Over Weekend |
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 | 2,575 |
Payment Types | Wire Transfer Paylpal Crypto Payoneer Coinbase Revolut Wise |
Crypto Credit Card |
Two Step Rules | FundedNext | TopTier Trader |
Profit Target Step 1 | 10% | 10% |
Profit Target Step 2 | 5% | 5% |
Max Daily Loss | 5% | ❌ |
Max Daily Drawdown | 5% | 5% |
Max Loss | 10% | 10% |
Max Drawdown | 10% | ❌ |
Min Trading Days Step 1 | 5 | 4 |
Min Trading Days Step 2 | 5 | 4 |
Max Trading Days Step 1 | 30 | 40 |
Max Trading Days Step 2 | 60 | 60 |
Profit Split | 80%, up to 90% | 80%, up to 90% |
Evaluation Process and Funding Opportunities:
Both FundedNext and TopTier Trader employ evaluation processes to identify skilled traders. FundedNext follows a two-phase evaluation model, allowing traders to showcase their abilities and progress in their trading journey. TopTier Trader, on the other hand, uses a two-tier evaluation process, emphasizing meeting trading objectives and adhering to trading rules. Both programs provide funding opportunities based on successful evaluation completion.
Flexibility and Account Growth:
FundedNext offers flexibility through its Evaluation Model, Express Model, and Stellar Challenge, allowing traders to choose funding models that align with their trading style. TopTier Trader focuses on continuous growth opportunities, enabling traders to remotely manage their funds and steadily increase their trading accounts. Traders in both programs can expand their funded accounts as they demonstrate profitability and consistency.
Profit Sharing and Pricing:
FundedNext stands out with its generous profit-sharing options, offering up to 15% profit share from the challenge phases. The program removes time limits and calculates maximum daily drawdown based on traders’ balance, ensuring a reliable trading environment. TopTier Trader, on the other hand, provides transparent pricing with refundable fees associated with funding challenges upon the trader’s first profit withdrawal. Both programs aim to deliver fair and transparent pricing structures.
Supportive Community and Resources:
FundedNext fosters a supportive community through its blog and offers a comprehensive glossary to enhance traders’ knowledge. Traders can connect with like-minded individuals and seek guidance from experienced traders through the program’s Discord channel. TopTier Trader also prioritizes community support, providing a dedicated help center, a FAQ section, and a Discord channel for traders to connect, share insights, and seek assistance.
Conclusion:
As traders who have experienced both FundedNext and TopTier Trader, we can attest to the value these programs offer in empowering traders worldwide. FundedNext impresses with its diverse funding models, attractive profit-sharing options, and commitment to providing the best trading conditions. TopTier Trader excels in its flexible evaluation process, transparent pricing, and supportive community. Whether you prioritize profit-sharing opportunities or continuous account growth, both programs provide comprehensive platforms to pursue your trading aspirations.
In conclusion, FundedNext and TopTier Trader are reliable-funded trading programs that offer unique features tailored to the needs of individual traders. We encourage you to explore both programs further and choose the one that aligns best with your trading goals and preferences.