Both sell a 50K two-step challenge with a static 10% max loss and a refundable fee. FTMO (€345) has the longer track record and a 4.8 Trustpilot score; FundedNext ($299.99, in US dollars) is likely cheaper depending on the exchange rate, also sells futures, but bans EAs on CFD accounts of $50K and above.
FTMO vs FundedNext
| FTMO | FundedNext | |
|---|---|---|
| Market | Forex & CFDs | Futures & forex |
| Main 50K plan | €345 | $299.99 |
| Profit target (50K) | €5,000 | $4,000 |
| Max loss (50K) | €5,000 | $5,000 |
| Drawdown | Static | Static |
| Consistency rule | None | None |
| Profit split | 80% (90% scaling) | 80% |
| Payouts | From day 14 | After 21 days, then every 14 |
| News trading | Restricted: on Standard FTMO (funded) accounts, no order execution 2 minutes before or after selected high-impact news on affected instruments. Challenge/Verification phases and Swing accounts are exempt | CFD: allowed in challenge phases; on funded accounts, profits from trades within ±5 minutes of high-impact news on correlated pairs count at only 40% (losses count in full). Futures: Flex page says news trading is allowed |
| Bots and EAs | Allowed, within limits: platform caps of 200 open orders and 2,000 positions a day; more than 2,000 server requests a day is forbidden; third-party EAs risk breaching the max capital allocation rule | CFD: restricted. Allowed on MT4/MT5 for accounts below $50K (with conditions and a usage fee); not allowed at $50K and above, not on cTrader/Match-Trader, and not for US clients; prop-passing EAs are banned. Futures: automated bots/AI allowed per the Futures Challenge Terms (subject to review) |
| US traders | Yes | Yes |
| Platforms | MT4, MT5, cTrader, TradingView | MT4, MT5, cTrader, Match-Trader, NinjaTrader (futures), Tradovate (futures), TradingView (futures) |
| Public code | — | STRTN |
Which to pick
Pick FTMO for the longer track record and if you use EAs on a 50K account. Pick FundedNext if you want futures and CFDs from one firm or a lower price. FundedNext's 2-Step asks for 8% then 5%; FTMO's asks for 10% then 5%.