FTMO
SUMMARY
FTMO is a Forex prop firm based in Prague, Czech Republic. It was started in 2015. Read the complete FTMO review.
FEATURES
Available instruments include forex, indices, metals, commodities, stocks, and cryptocurrency. The payout split starts at 80:20, with 80% of the profit going to you. The FTMO scaling plan encourages professional traders potentially making even more money without increasing risk. Capital increments occur in four-month cycles, and a minimum of 10% of profit is required, which is an average of 2.5% per month. The plan is free of charge. News trading rules apply, with closed positions only two minutes before and after important news releases.
With a maximum balance of $2,000,000 and a profit split of up to 90%, the firm offers a free trial and a 2-step evaluation process.
Cost: from €155. Beginner traders can start with a $10,000 funded account, while seasoned traders may go for a $200,000 funded account. FTMO’s fees are refunded after passing challenges and receiving the first payout.
FTMO offers MT4, MT5, cTrader, and DXtrade platforms.
FundedNext
REVIEW SUMMARY
FundedNext is a Forex prop firm based in Ajman, UAE, founded in 2022. It offers instruments for Forex, Indices, Metals, Commodities, and Crypto.
FEATURES
The drawdown calculation is based on the balance.There is no time limit to complete the challenge, allowing traders to relax and achieve their targets in a safe manner. Funded Next offers up to 1:100 leverage on most accounts.It also offers a 15% profit share during the challenge, which is unique for the industry.
The prop firm has a maximum balance of $4,000,000
Profit split: up to 90%
The price of the smaller funded account starts at $32 and goes up to $1099 for the bigger ones.FundedNext also offers a free trial with a 1-step account and 14 days to trade and try the platform before signing up for a challenge
Platforms: MT4, MT5, cTrader.
FTUK
REVIEW SUMMARY
FTUK is a Forex prop firm based in the United States. It was founded in 2021. It offers a range of instruments including Forex, Indices, Commodities, and even a large selection of Crypto. Accounts can be scaled up to $6.4 Million, offering a large trading volume.
FEATURES
Instruments include forex, indices, commodities, and cryptocurrency.
This prop firm offers a profit split of up to 80% and offers instant funding, 1-step, and 2-step challenges. Accounts can be scaled up to $6.4 million, and there are no minimum or maximum trading days required. The leverage varies based on the instrument category. FTUK allows EAs for trading, but some strategies are banned. All programs allow overnight trading and weekend trading.
Trustpilot rates FTUK as excellent, with a rating of 4.6/5.0 after 150 user reviews.
Cost: starting at $99.
FTUK do offer free trials. FTUK platforms include MatchTrader, DXtrade, MetaTrader 5 and now also TradingView. FTUK is a legitimate prop firm and can be contacted via email or live chat.