Introduction:
As traders who have had the opportunity to experience both Trade The Pool (TTP) and FundedNext funded trading programs, we understand the importance of making an informed decision when choosing a prop trading firm. In this comparison blog post, we will delve into the key aspects of both programs to help you evaluate which one aligns better with your trading goals and aspirations.
| Prop Firm Details | Funded Next | Trade The Pool |
| Year Founded | 2022 | 2016 |
| Maximum Balance | $4,000,000 | $260,000 |
| Tradeable Assets | Forex Indices Metals Commodities |
Stocks |
| Challenge Type | One-Step Evaluation Two Step Evaluation |
One-Step Evaluation |
| Trading Platforms | MT4 | Proprietary |
| Trading Hours | Holding Overnight Holding Over Weekend |
❌ |
| Copy Trading | ✅ | ❌ |
| News Trading | ❌ | ✅ |
| EAs | ✅ | ✅ |
| Trust Pilot Rating⭐ | 4.6 / 5.0 | 4.1 / 5.0 |
| Trust Pilot Reviews | 3,923 | 16 |
| Payment Types | Wire Transfer Paylpal Crypto Payoneer Coinbase Revolut Wise |
Deel Card |
| One Step Rules | FundedNext | Trade The Pool |
| Profit Target | 25% | 9% – 4.6% |
| Max Daily Loss | 5% | ❌ |
| Max Daily Drawdown | ❌ | 1.5% – 0.77% |
| Max Loss | 10% | ❌ |
| Max Drawdown | ❌ | 4.5% – 2.3% |
| Minimum Trading Days | 10 | ❌ |
| Maximum Trading Days | ❌ | 45 |
| Profit Split | 60%, up to 90% | 50%, up to 80% |
Funding Models:
FundedNext offers three funding models: the Evaluation Model, the Express Model, and the Stellar Challenge. These models provide structured approaches for traders to prove their skills, trade at their own pace, and benefit from attractive profit-sharing options. On the other hand, TTP’s funded trading program offers different levels of buying power, each with specific program objectives. With TTP, traders have the flexibility to choose the buying power that suits their trading style and goals.
Profit Sharing:
FundedNext stands out by offering a generous profit sharing of up to 15% of the profit traders make during the challenge phases. This incentivizes top traders and demonstrates FundedNext’s dedication to delivering the best payout bonuses in the industry. TTP, on the other hand, does not explicitly mention profit sharing in their program details.
Trading Conditions:
FundedNext is committed to providing reliable trading conditions by calculating the maximum daily drawdown based on traders’ balance, ensuring a more stable trading environment. This aligns with FundedNext’s promise of being the world’s most reliable prop firm. TTP emphasizes comprehensive mentorship, live trade ideas, a professional trading platform, and access to educational resources to support traders in their pursuit of trading success.
Program Objectives:
TTP’s funded trading program sets specific profit targets, maximum drawdowns, payout splits, minimum trades, and trading periods for each level of buying power. This provides clarity and helps traders gauge their progress and performance. FundedNext’s funding models also have specific profit targets and performance milestones that traders need to meet to progress in their trading journey.
Community and Support:
Both TTP and FundedNext cultivate communities of traders, fostering collaboration, networking opportunities, and a sense of belonging. Traders can benefit from interacting with like-minded individuals and sharing insights and experiences.
Conclusion:
In conclusion, both Trade The Pool and FundedNext offer compelling funded trading programs with their unique features and benefits. FundedNext stands out with its diverse funding models, attractive profit-sharing options, and commitment to reliable trading conditions. On the other hand, TTP provides traders with different levels of buying power, clear program objectives, and a comprehensive support system. Ultimately, the choice between the two depends on your trading style, goals, and preferences. We recommend thoroughly reviewing the program details and considering your specific needs before making a decision. Whichever program you choose, both Trade The Pool and FundedNext provide aspiring traders with opportunities to pursue their trading aspirations and thrive in the world of trading.
Note: This blog post is for informational purposes only and does not constitute financial advice. It is important to conduct thorough research and due diligence before engaging with any funded trading program.
