Forex · head to head
Updated 2026-10-26
Short answer
FTMO suits traders who want the fee refunded with the first reward and on-demand payouts from day 14. FundedNext suits traders who want a 5-business-day payout cycle on its 1-Step plan. Both start at 80%, but FTMO charges fees in euros, FundedNext in dollars, and their funded news rules differ.
| At a glance |  FTMO |  FundedNext |
|---|---|---|
| Trader rating | 4.8 (55,057) | 4.5 (82,183) |
| Cheapest plan | €79 ($10K) | $32.99 ($5K) |
| Plans we track | 20 | 22 |
| Account sizes | $5K, $10K, $25K, $50K, $100K, $200K | $2K, $5K, $6K, $10K, $15K, $20K, $25K, $50K, $100K, $200K |
| Evaluation types | 2 Steps, 1 Step, Instant | 2 Steps, 1 Step, Instant |
| Max loss types | Static, Trailing | Static, Trailing |
| Daily loss limit | On every plan | 82% of plans |
| Best standard split | 90% | 80% |
| Years operating | 11 | 4 |
| Code right now | None | START6K (39% off) |
The lowest list price each firm charges at that account size, with that plan's rules.
| Size | Firm | Plan | Price | Target | Max loss | Daily limit | Split |
|---|---|---|---|---|---|---|---|
| $5K | FTMO | Instant | €169 | — | 10% Trailing | 3% | 90% |
| FundedNext | Stellar Lite | $32.99 | 8% | 8% Static | 4% | 80% | |
| $10K | FTMO | 1-Step Standard | €79 | 10% | 10% Trailing | 3% | 90% |
| FundedNext | Stellar Lite | $59.99 | 8% | 8% Static | 4% | 80% | |
| $25K | FTMO | 1-Step Standard | €199 | 10% | 10% Trailing | 3% | 90% |
| FundedNext | Stellar Lite | $139.99 | 8% | 8% Static | 4% | 80% | |
| $50K | FTMO | 1-Step Standard | €319 | 10% | 10% Trailing | 3% | 90% |
| FundedNext | Stellar Lite | $229.99 | 8% | 8% Static | 4% | 80% | |
| $100K | FTMO | 1-Step Standard | €499 | 10% | 10% Trailing | 3% | 90% |
| FundedNext | Stellar Lite | $399.99 | 8% | 8% Static | 4% | 80% | |
| $200K | FTMO | 1-Step Standard | €999 | 10% | 10% Trailing | 3% | 90% |
| FundedNext | Stellar Lite | $798.99 | 8% | 8% Static | 4% | 80% |
FTMO pays on demand from day 14 after the first funded trade, with a $20 minimum. FundedNext pays Stellar 1-Step every 5 business days and Stellar 2-Step first at 21 days, then every 14 days, with a $20 minimum for USDT. FTMO refunds the 2-Step fee with the first reward; FundedNext refunds the 2-Step fee with the first reward and the 1-Step fee with the third.
FTMO bans opening or closing trades from 2 minutes before to 2 minutes after selected high-impact news on standard funded accounts. FundedNext counts only 40% of profit from trades inside a 5-minute window either side of high-impact news on funded accounts, with losses counting in full. FTMO also bans weekend holding on standard funded accounts; FundedNext allows weekend holding on Stellar models.
FundedNext cuts leverage once funded: indices and commodities fall to 1:15 on 2-Step, from 1:25 in the challenge. FTMO keeps 1:100 forex leverage but drops to 1:30 on Swing, which buys its funded news and weekend freedom. FTMO's 1-Step adds a consistency rule from October 2026, with the best day capped at 50% of total profit. Prop trading can cost you every fee you pay.
Test both plans in our pass probability calculator.
Both refund the 2-Step fee with the first reward. FTMO never refunds 1-Step or Instant fees. FundedNext refunds 1-Step and Lite fees with the third reward, and never refunds Instant.
FTMO pays on demand from day 14. FundedNext pays 1-Step every 5 business days and 2-Step first at 21 days, then every 14 days.
On FTMO standard accounts, no trade may open or close within 2 minutes of selected news. On FundedNext funded accounts, profit inside a 5-minute window counts at 40%, with losses in full. FTMO Swing accounts carry no news restriction.
Prices are list prices from each firm's own site at our last update. Rankings are never paid. Prop trading can cost you every fee you pay.