Introduction:
In the competitive world of funded trading programs, aspiring traders seek reliable platforms to showcase their skills and earn substantial profits. Two prominent players in this space are OneUp Trader and FundedNext. In this blog post, we will provide a comprehensive comparison of these two funded trading programs based on their key features, funding models, profit-sharing options, and trading conditions.
| Prop Firm Details | Funded Next | OneUp Trader |
| Year Founded | 2022 | 2017 |
| Maximum Balance | $4,000,000 | $250,000 |
| 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 Rithmic InsideEdge Trader Volfix ATAS Medved Trader Quantower TradeNavigator SierraChart Photon MotiveWave RInvestor Bookmap X-Ray Jigsaw Daytradr |
| Trading Hours | Holding Overnight Holding Over Weekend |
❌ |
| Copy Trading | ✅ | ✅ |
| News Trading | ❌ | ❌ |
| EAs | ✅ | ✅ |
| Trust Pilot Rating⭐ | 4.6 / 5.0 | 4.7 / 5.0 |
| Trust Pilot Reviews | 3,923 | 419 |
| Payment Types | Wire Transfer Paylpal Crypto Payoneer Coinbase Revolut Wise |
Wire Transfer Crypto |
| One Step Rules | FundedNext | OneUp Trader |
| Profit Target | 25% | 6% |
| Max Daily Loss | 5% | ❌ |
| Max Daily Drawdown | ❌ | ❌ |
| Max Loss | 10% | ❌ |
| Max Drawdown | ❌ | 6% – 2.2% |
| Minimum Trading Days | 10 | 15 |
| Maximum Trading Days | ❌ | ❌ |
| Profit Split | 60%, up to 90% | 90% |
Evaluation Process:
OneUp Trader stands out for its simple and attainable 1-Step Evaluation process. Traders are provided with clear targets and transparent evaluation criteria, allowing them to showcase their abilities effectively. On the other hand, FundedNext offers a multi-phase evaluation process, giving traders different options to prove their skills and progress in their trading journey. Both programs provide structured approaches to evaluate traders’ performance.
Account Options:
OneUp Trader offers a range of funded trading accounts, allowing traders to choose the account size that aligns with their goals and risk tolerance. Traders can select from various account sizes, ranging from $25,000 to $250,000. In contrast, FundedNext offers three distinct funding models: Evaluation Model, Express Model, and Stellar Challenge. These models provide flexibility for traders to choose the funding option that suits their trading style and aspirations.
Profit Sharing:
OneUp Trader offers generous profit splits for traders who successfully meet the evaluation targets. The profit split can vary based on performance and ranges from 50% to 80%. FundedNext, on the other hand, provides attractive profit-sharing options, including up to 15% profit sharing from the challenge phases. This incentivizes top-performing traders and allows them to earn substantial profits.
Trading Conditions:
Both OneUp Trader and FundedNext prioritize providing reliable and favorable trading conditions for traders. OneUp Trader ensures no data or hidden fees, giving traders free access to market data and industry news. FundedNext eliminates 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.
Customer Service:
OneUp Trader takes pride in its outstanding customer service, offering 24/7 availability through phone, live chat, and email. Traders can rely on prompt and reliable support from knowledgeable customer service agents. FundedNext also emphasizes providing excellent support to traders, although specific details about their customer service channels are not mentioned on their website.
Conclusion:
Both OneUp Trader and FundedNext are reputable funded trading programs that offer aspiring traders the opportunity to showcase their skills and earn substantial profits. OneUp Trader stands out for its straightforward evaluation process, flexible account options, and outstanding customer service. FundedNext impresses with its diverse funding models, attractive profit-sharing options, and commitment to providing the best trading conditions. As traders, we appreciate the opportunities and resources offered by both platforms to help us thrive in the trading industry.
