FTMO vs FundedNext: Which Prop Firm Is Better?
FTMO is the more established and trusted choice, with a longer track record and higher industry credibility. FundedNext offers more aggressive scaling and competitive pricing that appeals to traders who want faster account growth. Both are legitimate prop firms, but they serve slightly different trader profiles.
Evaluation Rules Compared
FTMO’s standard challenge has two phases. Phase 1 requires a 10% profit target with an 8% maximum drawdown and 5% daily loss limit over 30 days. Phase 2 requires 5% profit with the same drawdown rules over 60 days. No minimum trading days are required in either phase.
FundedNext offers multiple challenge models. Their standard Evaluation has similar 10%/5% targets across two phases, but they also offer an Express model (single-phase, 25% target, more aggressive) and a Stellar challenge with profit sharing starting from the challenge phase itself (15% of challenge profits).
The key difference: FundedNext lets you earn during the evaluation, which partially offsets the challenge fee. FTMO refunds the challenge fee after your first payout from the funded account, but you earn nothing during the evaluation itself.
Both firms prohibit holding trades over weekends and during major news events (firm-dependent restrictions). Always read the current rules directly, as prop firms update policies frequently. Compare more firms in our prop firm directory.
Payout Structure and Scaling
FTMO offers an 80/20 profit split that increases to 90/10 after consistently profitable months through their Scaling Plan. The Scaling Plan also increases your account size by 25% every four months if you meet performance targets. Starting account sizes range from $10,000 to $200,000.
FundedNext starts with a 60/40 or 80/20 split depending on the challenge type and scales up to 90/10. Their scaling plan is more aggressive: account size can increase by 40% every four months. FundedNext also offers account sizes up to $200,000 on standard challenges and $4,000,000 through their scaling.
For traders focused on growing capital quickly, FundedNext’s scaling is more attractive. For traders who prioritize a high payout percentage from day one, FTMO’s 80/20 starting split is better.
Reputation and Trust
FTMO has been operating since 2015 and has paid out over $100 million to traders. They’re based in the Czech Republic with transparent company registration and financial backing. Trader reviews are overwhelmingly positive, and payout reliability is considered industry-leading.
FundedNext launched in 2022 and has grown rapidly. They’ve paid out significant sums, but their shorter track record means less proven reliability during market stress events or company financial pressures. Reviews are generally positive, though some traders report occasional customer service delays.
For traders prioritizing security of payouts, FTMO’s track record provides more confidence. Read our methodology page to understand how we evaluate prop firms.
Pricing Comparison
For a $100,000 account: FTMO charges approximately $540. FundedNext charges approximately $500 for their standard Evaluation. Prices fluctuate with promotions; both firms regularly offer 10% to 20% discounts.
The effective cost changes when you factor in FundedNext’s challenge-phase profit sharing. If you earn $5,000 during the evaluation, you receive 15% ($750), more than covering the entry fee. FTMO refunds the fee after your first funded payout instead.
Key Takeaways
- FTMO has a longer track record (since 2015) and stronger reputation for payout reliability
- FundedNext offers more aggressive scaling (40% growth every four months vs 25%)
- FundedNext pays profit share during evaluations; FTMO refunds the fee after first funded payout
- Both offer similar drawdown rules with 8% to 10% max drawdown and 5% daily limits
- Choose FTMO for reliability and trust; choose FundedNext for aggressive growth potential
Frequently Asked Questions
Can I trade futures with FTMO or FundedNext? FTMO primarily supports forex, metals, indices, and crypto CFDs. FundedNext is similar. Neither offers direct futures exchange access. For futures prop firms, check firms like Topstep or Apex in our prop firm directory.
What happens if I violate a rule? Both firms terminate the account immediately for rule violations (exceeding daily loss limit, exceeding max drawdown). You lose the funded account and any unrealized profits. You can purchase a new evaluation to try again.
Which firm is better for scalpers? Both allow scalping, but check specific rules around minimum hold times and stop loss requirements. FTMO has no minimum hold time. FundedNext’s rules vary by challenge type, so read their current terms carefully.
Risk Disclaimer: Trading involves substantial risk of loss. Past performance is not indicative of future results. See our full risk disclaimer.