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FundedNext vs The Funded Trader One-Step Funding: A Detailed Comparison

In this article, we will provide a comprehensive single-step comparison between FundedNext and The Funded Trader.

By GI Team

Funded Next vs The Funded Trader

In this article, we will provide a general and one-step comparison between FundedNext and The Funded Trader. We will examine these two proprietary trading firms, offering an overview of what they provide to forex traders around the world.

Company Details

FundedNext

The Funded Trader

Incorporation date

March 2022

May 2021

Office Location

UAE, USA, UK, Bangladesh

Liberty Hill, Texas

Maximum Allocation Capital

$300,000

$1,500,000

FundedNext and The Funded Trader are both reputable and dependable proprietary trading firms. FundedNext was established in March 2022, whereas The Funded Trader commenced its operations in May 2021. In terms of leadership, Abdullah Jayed serves as the CEO of FundedNext, while Angelo Ciaramello leads The Funded Trader. FundedNext has offices in multiple locations, including the UAE, USA, UK, and Bangladesh, while The Funded Trader is headquartered in Liberty Hill, Texas. Regarding maximum allocation capital, FundedNext enables traders to manage one-step evaluation accounts with a limit of 300k, whereas The Funded Trader offers traders the opportunity to manage one-step evaluation accounts with a maximum allocation of up to $600,000. It’s important to note that both proprietary trading firms have a scaling plan in place.

Funding Program Options

FundedNext

The Funded Trader

One-step Evaluation

Two-step Evaluation

FundedNext and The Funded Trader provide funding programs to forex traders globally. FundedNext offers traders two one-step evaluations and two two-step evaluations, while The Funded Trader offers a one-step evaluation and three two-step evaluations. Now, let’s delve into a detailed comparison of their one-step evaluation programs.

One-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

Another crucial aspect to consider when comparing proprietary trading firms is the range of trading instruments available. Below, you can find the trading instruments offered by FundedNext and The Funded Trader.

Trading Instrument

FundedNext Funding

The Funded Trader

Forex pairs

Commodities

Indices

Crypto

Community Feedback

The final aspect we will examine is community feedback from FundedNext and The Funded Trader. We will analyze feedback from Trustpilot, giving insights into the experiences of traders with both proprietary trading firms.

Trustpilot Statistics

FundedNext Funding

The Funded Trader

Rating

4.7/5

4,5/5

Number of Reviews

7,127

13,361

In terms of customer feedback, FundedNext holds a rating of 4.7/5 from a total of 7,127 reviews, while The Funded Trader has a rating of 4.5/5 based on 13,361 reviews. These statistics indicate that, currently, The Funded Trader is the more popular choice among proprietary trading firms.

Conclusion

In summary, FundedNext and The Funded Trader both present compelling options for proprietary trading firms, catering to various trading preferences. There are notable distinctions in their trading rules, pricing structures, and community feedback. Furthermore, they differ in their funding program offerings, with FundedNext providing two one-step evaluations and two two-step evaluations, while The Funded Trader offers one one-step evaluation and three two-step evaluations. As a bonus, here are the discount codes for both firms:

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