FUNDERPRO VS FUNDEDNEXT
Rating breakdown
FundedNext Overview
In 2022, Next Ventures launched a new platform: FundedNext was live. The prop firm quickly made a name for itself by its generous capital allowance: a staggering $4 million was on the table for FundedNext traders who get to keep 90% of any profits made.
Rating breakdown
FunderPro Overview
Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.Compare FUNDERPRO VS FUNDEDNEXT Trading Features
| Trading Feature | FUNDERPRO | FUNDEDNEXT |
|---|---|---|
| 💰 Fees: | FunderPro offers four tiers of funded account challenges: a $25K balance costs $250, a $50K balance costs $300, a $100K balance costs $550, and a $200K balance costs $995. Scaling plan up to $5 million. | For FundedNext evaluation model, you pay for the challenge costs from $99 for a $15,000 funded account to $999 for a $200,000 funded account. |
| 🚀 Profit split: | The FunderPro funded account challenge pays out 80% of the profits. | FundedNext pays out up to 90%. Your profit share will start at 60% in the express real account. After the first withdrawal, it will get bumped to 75%, and after the second withdrawal, it will again get bumped to 90%. |
| ✔️ Evaluation: | FunderPro’s flagship product is a two-step evaluation. | You must need to meet at least 10% account growth accumulatively in four consecutive months in a real account. In these four consecutive months, you need to make a minimum of two payouts, and your last month should end in a profit. |
| 🎯 Profit Target: | 10% for Stage 1 and 8% for Stage 2. | A trader must achieve a profit target of 25% during the express model evaluation period without exceeding the 5% daily maximum profit or 10% maximum loss limits. |
| ⚓ Maximum drawdown (MDD): | 10% maximum loss throughout the challenge. 8% maximum daily loss. | Your maximum daily drawdown on any given day is 5% of your account balance |
| ⌛ Trading Period: | Unlimited time to complete the challenge. | There is no time limit or pressure to reach any profit target within a restricted period. |
| ⚖️ Leverage: | The leverage in FunderPro for the Regular Challenge and Funded Accounts is Forex: 1:100, Metals, Oil, and Indices: 1:50, Crypto: 1:2 | FundedNext provides leverage of 1:100 to all trading accounts. |
| 🔧 Instruments: | Forex, indices, commodities, cryptocurrencies and stocks. | You can trade all the different assets that are available in the MT4, including Forex currency, raw feed, indices, and commodities. |
| 📰 Allow Trade News: | No FunderPro does not allow news trading. You can close the trading before 2 minutes of high-impact news and re-open trading after 2 minutes. | Yes with FundedNext you can trade during news events. |
| 🔄 Weekend Position: | No you cannot hold trades during weekend. | Yes you are permitted to hold your trade overnight & over the weekend for the Evaluation program |
After spending several days researching different Proprietary Trading Firm for funded trading accounts, our team at start-business-online.com team collected various data points. For this review, we will compare Funderpro vs Fundednext.
Compare FUNDERPRO VS FUNDEDNEXT Funded Trading Accounts Programs - Find the best firm for you
FUNDERPRO VS FUNDEDNEXT Prop Trading Firms at a glance
A handy comparison table with all the key facts for the Funded Trading Accounts Programs.
| Evaluation Metric | How they performed |
|---|---|
| Challenge Assessment | The FunderPro Challenge is simple and straightforward. Traders select their account size- $25k, $50k, $100k, or $200k. The requirements are easily followed without unnecessary complications - max daily and overall losses are fair, and traders have all the time they need to trade because there is no deadline for the challenge to be completed. On the other hand Not all traders will be suited to the FundedNext approach. While the rewards are high, the evaluation does not come without its rules and some traders will simply not be suited to the parameters of a prop firm challenge. |
| Customer support | The FunderPro team is reliable and helpful. Traders get paid weekly with a profit share every Friday. On the other hand The FundedNext firm has no restrictions on trading style. Their program is a great option regardless of the type of trader you are because they also provide very flexible trading guidelines. |
| Fee | FunderPro is actually a pretty decent value for every account size. it is also focused on its traders, which could mean that they provide a better experience for their clients. On the other hand The FundedNext fees are not above the industry average, but there is of course an entry payment required for participating in the Challenge. on the minimum plan with a $15,000 balance, the initial fee is $99. To get the maximum balance of $200,000, you have to pay $999. |
| Payout scheme | With FunderPro after your first payout, you will continue to receive payouts on a weekly basis. Your profit split will be 70% based on the profit you make on your funded account. While this isn't as generous a profit split as some rivals, the challenge conditions are not as strict, making it easier to come out winning. For this reason, they score highly on this metric. On the other hand With FundedNext traders are entitled up to 90% of the profits they earn on a funded account. And withdrawing is simple. You will receive the first payout after four trading weeks, and from the second payout onwards, you will receive it every two trading weeks (14 days). The cycle will start once you place the first trade in your real account and will be applicable for each consecutive cycle. |
The Verdict: Funderpro or Fundednext?
There’s no such thing as a perfect Proprietary Trading Firm, but some are going to be a better fit for you than others.
Objectively, Funderpro is more reliable based on our criteria above.
What We Really Like on Funderpro
Exclusive Discount Code (20% Off Exclusive Offer)
Minimal rules & unlimited time for completion
Two-part assessment leading to $200,000 in funding
Scaling plan & fast-track funding opt
What We Do not Like on Fundednext
Consistency rule for express accounts
No free trials available
Minimum 5 trading days
Other Important Factors That Influence Our decision the most
Key Challenges and Frustrations Faced by Fundednext Users
Funded Next also has a downside: it does not refund your initial fee, while many other prop firms do it if you complete a challenge successfully.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Funded Trading Accounts based on your precise requirements here.