Introduction:
In the world of funded trading programs, traders are constantly on the lookout for reputable platforms that can provide them with the necessary capital and resources to pursue their trading aspirations. In this comparison blog post, we will explore two prominent firms: FTUK Funded Trading Program and FundedNext Funded Trading Program. As traders who have experienced both platforms, we will provide an unbiased analysis of their features, benefits, and unique advantages.
| Prop Firm Details | Funded Next | FTUK |
| Year Founded | 2022 | 2021 |
| Maximum Balance | $4,000,000 | $5,760,000 |
| Tradeable Assets | Equity Futures Forex Energy Metals Interest Rate Futures |
Forex Indices Commodities Crypto |
| Challenge Type | One-Step Evaluation Two Step Evaluation |
One-Step Evaluation Instant Funding |
| Trading Platforms | MT4 | MT4 MT5 |
| 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 | 150 |
| Payment Types | Wire Transfer Paylpal Crypto Payoneer Coinbase Revolut Wise |
Wire Transfer Paylpal Payoneer Coinbase Revolut Wise |
| One Step Rules | FundedNext | FTUK |
| Profit Target | 25% | 10% |
| Max Daily Loss | 5% | ❌ |
| Max Daily Drawdown | ❌ | ❌ |
| Max Loss | 10% | 6% |
| Max Drawdown | ❌ | ❌ |
| Minimum Trading Days | 10 | ❌ |
| Maximum Trading Days | ❌ | ❌ |
| Profit Split | 60%, up to 90% | 80% |
Evaluation and Funding Models:
FTUK Funded Trading Program offers an Evaluation Program that allows traders to showcase their skills through a streamlined one-step evaluation process. With funding amounts ranging from $14,000 to $90,000, traders have the opportunity to manage substantial capital. The program provides benefits such as starting on a demo account, low sign-up fees, flexible time limits, and a rapid scaling plan.
FundedNext Funded Trading Program, on the other hand, offers three distinct funding models: the Evaluation Model, the Express Model, and the Stellar Challenge. Traders in the Evaluation Model embark on a two-phase process to prove their trading abilities and gain access to a funded account. The Express Model provides ambitious profit targets with no time limit, allowing traders to trade at their own pace. The Stellar Challenge offers the best prop trading conditions with no time limit and a balance-based drawdown calculation.
Profit Sharing and Trading Conditions:
FTUK Funded Trading Program offers flexible withdrawals starting from Level 2, providing traders with financial flexibility. The program also emphasizes the importance of study coaches, trusted trading platforms, account reports, and continuous trader support. Exceptional traders have the opportunity to scale their accounts to significant amounts, amplifying their trading success.
FundedNext Funded Trading Program stands out with its generous profit sharing of up to 15% from the profit traders make during the challenge phases. The program removes the pressure of time limits in its funding challenges, allowing traders to trade with peace of mind. Additionally, FundedNext calculates the maximum daily drawdown based on traders’ balance, ensuring a more reliable trading environment.
Trading Opportunities:
FTUK Funded Trading Program offers an Evaluation Program for traders aiming to manage substantial capital and demonstrate their skills. This program provides an affordable initial fee, overnight and weekend trading opportunities, and rapid scaling plans.
FundedNext Funded Trading Program provides traders with diverse funding models, including the Express Model with ambitious profit targets and the Stellar Challenge with the best trading conditions. These models offer flexibility and motivation for traders to achieve their desired results.
Conclusion:
As traders who have experienced the offerings of both FTUK Funded Trading Program and FundedNext Funded Trading Program, we recognize the unique advantages and benefits each platform brings to the table. FTUK excels in providing a streamlined evaluation process, low sign-up fees, and comprehensive support, while FundedNext stands out with its attractive profit-sharing options and reliable trading conditions.
Ultimately, the choice between the two platforms depends on the individual trader’s preferences, trading style, and goals. Regardless of the platform chosen, both FTUK and FundedNext offer aspiring traders an exceptional opportunity to showcase their skills, access capital, and unlock their full trading potential.
Disclaimer: This comparison blog post is based on the information available on the respective websites at the time of writing and does not constitute financial advice. Traders are advised to conduct their own research and due diligence before making any investment decisions.
