In this article, we will provide a comprehensive comparison between FundedNext and Funded Trading Plus, considering both their general offerings and their two-step evaluation programs. This analysis aims to assist forex traders in making informed decisions when choosing a proprietary trading firm.
Company Details
FundedNext
Funded Trading Plus
Incorporation date
March 2022
November 2021
Office Location
UAE, USA, UK, Bangladesh
London, UK
Maximum Allocation Capital
$300,000
2x $200,000
FundedNext and Funded Trading Plus are reputable and reliable proprietary trading firms. FundedNext was established in March 2022, whereas Funded Trading Plus commenced its operations in November 2021. Abdullah Jayed serves as the CEO of FundedNext, while Funded Trading Plus is under the leadership of Simon Massey. FundedNext has established offices in multiple locations, including the UAE, USA, UK, and Bangladesh, while Funded Trading Plus is headquartered in London, UK. In terms of maximum allocation capital, traders can manage two-step evaluation accounts with FundedNext with a maximum allocation of $300k, while Funded Trading Plus allows traders to access funding for 2x $200k accounts. It’s important to note that both firms offer scaling plans to traders.
Funding Program Options
FundedNext
Funded Trading Plus
One-step Evaluation
✅
✅
Two-step Evaluation
✅
✅
Instant Funding
❌
✅
FundedNext and Funded Trading Plus provide various funding programs to forex traders worldwide. FundedNext offers two one-step evaluations and two two-step evaluations. In contrast, Funded Trading Plus offers a one-step evaluation, two two-step evaluations, and an instant funding program. Now, let’s delve into the comparison of their two-step evaluation programs.
Two-step Comparison:
Now that we have discussed the rules and guidelines of the instant funding programs, let’s delve deeper into the pricing details.
Trading Instruments
An additional critical aspect to consider when comparing proprietary trading firms is the range of trading instruments available. Here, we outline the trading instruments that traders can access with FundedNext and Funded Trading Plus.
Trading Instrument
FundedNext
Funded Trading Plus
Forex pairs
✅
✅
Commodities
✅
✅
Indices
✅
✅
Crypto
❌
✅
Community Feedback
The final topic we’ll explore is the feedback from the trading community regarding FundedNext and Funded Trading Plus. We will analyze the reviews and ratings provided on Trustpilot for these two proprietary trading firms.
Trustpilot Statistics
FundedNext
Funded Trading Plus
Rating
4.7/5
4,5/5
Number of Reviews
7,127
13,361
FundedNext has received a rating of 4.7/5 based on 7,127 reviews, while Funded Trading Plus has a rating of 4.9/5 based on 1,804 reviews. These statistics indicate that Funded Trading Plus is currently the more popular choice among traders. However, it’s important to note that both firms have received positive feedback from their respective user bases.
Conclusion
In conclusion, both FundedNext and Funded Trading Plus present attractive options for proprietary trading, catering to various trading preferences and goals. There are notable differences in terms of their trading rules, pricing structures, and the flexibility of funding programs. FundedNext offers four different funding programs, including two one-step evaluations and two two-step evaluations. In contrast, Funded Trading Plus provides a range of four options, encompassing a one-step evaluation, two two-step evaluations, and an instant funding program.
As traders consider their choice between these firms, they can take advantage of special discount codes for each:
- FundedNext: 10% discount code – SHINY
- Funded Trading Plus: 10% active discount code – FT10
These discounts can help traders make the most of their trading opportunities with these proprietary trading firms.
