Introduction:
Welcome to our comprehensive comparison of the Fidelcrest and FundedNext funded trading programs. As traders who have experienced both programs, we aim to provide an unbiased analysis of their key features, benefits, and overall trading experience. Join us as we delve into the details and help you make an informed decision about which program may be the right fit for you.
| Prop Firm Details | Funded Next | Fidelcrest |
| Year Founded | 2022 | 2018 |
| Maximum Balance | $4,000,000 | $2,000,000 |
| Tradeable Assets | Equity Futures Forex Energy Metals Interest Rate Futures |
Forex Indices Metals Commodities Stocks 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 | 4.6 / 5.0 |
| Trust Pilot Reviews | 3,923 | 695 |
| Payment Types | Wire Transfer Paylpal Crypto Payoneer Coinbase Revolut Wise |
Paypal Neteller Skrill |
| Two Step Rules | FundedNext | Fidelcrest |
| Profit Target Step 1 | 10% | 10% |
| Profit Target Step 2 | 5% | 10% |
| Max Daily Loss | 5% | 5% |
| Max Daily Drawdown | 5% | ❌ |
| Max Loss | 10% | ❌ |
| Max Drawdown | 10% | 10% |
| Min Trading Days Step 1 | 5 | ❌ |
| Min Trading Days Step 2 | 5 | ❌ |
| Max Trading Days Step 1 | 30 | 30 |
| Max Trading Days Step 2 | 60 | 60 |
| Profit Split | 80%, up to 90% | 80% |
Program Overview:
The Fidelcrest and FundedNext funded trading programs share a common goal: to empower traders by providing them with the necessary capital and resources to pursue a full-time trading career. Both programs offer aspiring traders the opportunity to trade with a larger capital base, access leverage, and potentially generate substantial profits. Traders can choose from various markets, including forex, commodities, indices, and cryptocurrencies.
Benefits:
Fidelcrest Funded Trading Program:
- Access to a larger capital base: Traders receive an initial allocation of capital, allowing them to trade larger positions and potentially amplify their profits.
- Profit sharing: Successful traders can earn a share of the profits generated, providing a lucrative incentive for their trading performance.
- Professional trading tools and platforms: Traders gain access to advanced trading platforms, charting tools, and market analysis resources to enhance their trading strategies.
- Ongoing mentorship and support: Fidelcrest offers continuous mentorship and support from experienced traders to guide participants throughout their trading journey.
- Educational resources: The program provides educational materials, webinars, and training sessions to help traders improve their skills and stay updated on market trends.
FundedNext Funded Trading Program:
- Evaluation Model: Traders undergo a two-phase evaluation process to showcase their trading abilities and meet profit targets. Successful traders gain access to a FundedNext funded account with profit-sharing options.
- Express Model: Traders have the flexibility to achieve an ambitious profit target at their own pace, with the opportunity to trade on FundedNext’s funded account.
- Stellar Challenge: FundedNext offers a challenging phase with the best prop trading conditions, including no time limit and a balance-based drawdown calculation. Top-performing traders are rewarded with a 15% profit share.
Requirements and Eligibility:
Fidelcrest Funded Trading Program:
- Minimum trading experience: Traders should possess a certain level of trading experience to ensure they have the necessary skills and knowledge.
- Account size: There may be minimum account size requirements to participate in the program, which can be found on the Fidelcrest website.
- Evaluation phase: Prospective traders need to go through an evaluation phase to determine their eligibility for the funded program.
FundedNext Funded Trading Program:
- Evaluation Model: Traders must meet profit targets during the evaluation phase to qualify for the funded program.
- Express Model: Traders can participate in the program without specific qualification requirements.
Overall Experience:
Both Fidelcrest and FundedNext offer comprehensive and supportive environments for traders. They provide traders with the capital, tools, and resources necessary for success. The ongoing mentorship, educational materials, and profit-sharing incentives contribute to a well-rounded trading experience. It is crucial for traders to thoroughly understand the programs’ rules, risk management guidelines, and profit-sharing arrangements before participating. Evaluating personal trading strategies and goals is also essential to ensure alignment with the program’s objectives.
Conclusion:
In conclusion, both Fidelcrest and FundedNext funded trading programs present valuable opportunities for traders to enhance their trading careers. While Fidelcrest emphasizes a larger capital base, profit sharing, and professional support, FundedNext offers different funding models, including an evaluation model, an express model, and a stellar challenge. We recommend carefully considering your trading experience, goals, and preferences before choosing the program that aligns best with your needs. Remember, it’s essential to conduct thorough research and make an informed decision to maximize your chances of success.
Disclaimer: This comparison is based on our analysis as traders who have experienced both programs and is not a direct endorsement or affiliation with Fidelcrest or FundedNext funded trading programs.
