FTMO vs FundedNext
Two top prop trading firms compared. FTMO’s 9-year track record and $200M+ documented payouts vs FundedNext’s higher profit splits and flexible rules. The decision depends on risk tolerance vs economics.
Quick comparison.
Both survived the 2023-2024 prop firm industry disruption. Key differences in economics vs track record.
| Factor | FTMO | FundedNext |
|---|---|---|
| Founded | 2015 (9 years) | 2022 (3 years) |
| Documented payouts | $200M+ | Growing (since 2022) |
| Profit split (standard) | 80% | 85% |
| Profit split (max) | 90% | 90% |
| Evaluation steps | 2-step only | 1-step, 2-step, direct |
| Profit target P1 | 10% | 8% |
| Daily drawdown | 5% | 5% |
| Max drawdown | 10% | 10% |
| Consistency rule | Yes (50% rule) | Optional on some |
| Max funded capital | $400,000 scaled | $200,000 |
| Industry survival | Survived 2023-2024 intact | Survived 2023-2024 intact |
| Trustpilot | 4.8/5 (7,500+) | 4.7/5 (6,000+) |
| Overall score | 8.0 / 10 | 7.5 / 10 |
Head-to-head breakdown.
Detailed comparison across the factors that determine broker quality.
This is the single most important factor when choosing a prop firm. FTMO has 9 years of documented payouts totaling $200M+. FundedNext has 3 years.
The 2023-2024 industry disruption that wiped out MyForexFunds, True Forex Funds, and dozens of smaller firms demonstrated this matters enormously. FTMO’s 9-year history through multiple market cycles provides the lowest counterparty risk in the industry. FundedNext survived 2023-2024 but has shorter proven history.
FundedNext offers genuinely better economics. Standard profit split: 85% (FundedNext) vs 80% (FTMO). For a trader making $10,000 profit, that’s $500 more annually per funded relationship.
FundedNext also offers single-step evaluations (faster path to funding) and direct funded accounts (skip evaluation entirely with higher fees). FTMO uses two-step evaluation exclusively.
FTMO’s consistency rule (no single day exceeding 50% of total profits) frustrates concentrated profit strategies. FundedNext makes consistency rule optional on Evaluation and Express accounts.
FundedNext’s lower phase 1 target (8% vs FTMO’s 10%) makes initial qualification easier. Daily drawdown rules are identical (5%).
FTMO’s scaling plan allows growth to $400,000 funded capital over time. FundedNext caps at $200,000. For career-focused funded traders, FTMO’s scaling potential is meaningful.
FTMO provides free trading psychology resources and performance coaches. FundedNext’s educational support is less developed. For traders who value psychology coaching alongside funding, FTMO has an advantage.
FTMO’s customer service is more consistent and established. FundedNext support is competent but newer with occasional growing pains during peak periods.
Our recommendation.
Choose FTMO if…
FTMO wins for risk-averse traders.
- You prioritize lowest counterparty risk (9-year payout history)
- You want the most established prop firm
- You value performance coaching
- You want scaling plan to $400k
- You’re disciplined and can pass two-step evaluation
Choose FundedNext if…
FundedNext wins for economics maximizers.
- You want higher profit splits (85-90% vs 80%)
- You prefer single-step or direct funded options
- You have concentrated profit days (consistency rule flexibility)
- You’re comfortable accepting some counterparty risk for better terms
Read the full reviews.
This comparison summarizes key differences. For complete analysis, read the individual reviews.
Read FTMO review → Read FundedNext review