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Funded trading

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Comparing 2 providers in Funded trading

Some programs use simulated trading. Paying an evaluation fee does not guarantee funding or a payout.

Terms used in this table
  • Loss limit: how much may be lost in a day or overall before the account fails.
Costs and terms
What to compareFTMOFull review →FundedNextFull review →
Visit FundedNext · Opens in a new tab
Referral code: 5% off your first purchase
Service type
Funded trading
Funded trading
Legal entity and jurisdiction
FTMO Evaluation Global s.r.o. · Czech Republic / FTMO Trading Global s.r.o. · Czech Republic
FundedNext Ltd. · Comoros (Fomboni, Moheli), registration HY01023052 / FundedNext Limited · Hong Kong (website operator)
Participation fee (from)
89 EUR

Starting price for the smallest account. The price rises with account size, up to a 200,000 USD account.

59.99 USD

List price for a $6,000 simulated account; up to $1,099.99 for a $200,000 simulated account. In a budget example where each attempt costs 59.99 USD, two attempts cost 119.98 USD before discounts and additional charges. A conditional refund does not reduce the upfront payment.

2-Step 25K price
199.99 USD
2-Step 50K price
299.99 USD
2-Step 100K price
549.99 USD
1-Step 25K price
219.99 USD
Lite 10K price
59.99 USD
Evaluation stages
2
2
Profit target (phase 1 / 2-Step)
10 %

Of initial capital; minimum 4 trading days

8 %
Phase 2 profit target
5 %

Of initial capital; minimum 4 trading days

5 %
1-Step profit target
10 %

Of initial capital; single phase

10 %
Maximum daily loss (2-Step)
5 %

Of initial capital in both phases. For a hypothetical 100,000 USD simulated account, 5% is 5,000 USD; open losses, commission and financing reduce the remaining room under the daily rule.

5 %

Stellar 2-Step only. In a hypothetical 6,000 USD simulated account, 5% of the initial balance is 300 USD. Losses already accumulated that day and the costs included in the rule reduce the amount remaining.

Maximum overall loss (2-Step)
10 %

Static, of initial capital

10 %

Static, from the starting balance. In a hypothetical 6,000 USD simulated account, 10% is 600 USD and the overall loss floor is 5,400 USD. The daily threshold is checked separately.

Maximum daily loss (1-Step)
3 %

Of initial capital

3 %
Maximum overall loss (1-Step)
10 %

Of initial capital

6 %

Static.

Drawdown method
Static
Static
Profit share
80 %

Rises to 90% when Scaling Plan or Premium Programme conditions are met. 1-Step: 90%. The profit is simulated and the reward is not guaranteed.

80 %

80% is the base share on ordinary plans, including the Stellar 2-Step Standard 21 Days option; other Reward options and add-ons can change it. 90% after meeting the applicable Scale-Up conditions. Profits are simulated and rewards are not guaranteed.

First payout
14 days

Counted from the first trade on the FTMO Account, subject to compliance with the rules.

Fee refund
2-Step: the evaluation fee is refunded with the first reward withdrawal under the terms. 1-Step: no evaluation fee refund.

One-time fee, no recurring fees

2-Step: with the first reward. 1-Step and Lite: at the third reward. Instant: no refund.

Read 1-Step timing alongside the separate refund-date fact for the purchase or reset. After a reset, the refund basis is the latest reset fee, not the total of every attempt. Include the refund in the Reward request. EA/VPS fees are excluded, and any platform charge must be checked separately for the account.

Simulation scope
simulated CFD evaluation

CFD evaluation and simulated trading. FTMO Futures and other group companies have separate terms.

simulated CFD and futures evaluation

According to the site, all trading takes place in a demo environment with virtual capital, and FundedNext is not a broker.

Evaluation company registration number
09213651

Business ID of FTMO Evaluation Global s.r.o.; this is a company registration number, not a broker or investment licence.

Trading types
1-Step and 2-Step challenges on simulated accounts of 10,000 to 200,000 USD; forex, commodities, indices and more; MetaTrader 4, MetaTrader 5, cTrader

Demo accounts in a simulated environment only

CFD challenges: Stellar 2-Step, 1-Step, Lite and Instant. Futures challenges: Flex, Legacy and Rapid. Forex, indices, commodities, 9 crypto pairs and 20 stocks.
How the challenge is paid
Credit/debit card (Visa, Mastercard, Diners, Discover), Apple Pay, Google Pay, Revolut Pay free; PayPal, Skrill and crypto (BTC, ETH, LTC, USDT, USDC) at 3%; bank transfer 2 to 5 business days with varying fees

One-time fee; no recurring fees

USDT (ERC20/TRC20), USDC, Confirmo, RiseWorks, bank transfer or card. Minimum request $20.

An approved identity verification (KYC) is required before any reward.

1-Step challenge price, 10,000 USD account
79 EUR

One-time fee, non-refundable

1-Step challenge price, 25,000 USD account
199 EUR

One-time fee, non-refundable

1-Step challenge price, 50,000 USD account
319 EUR

One-time fee, non-refundable

1-Step challenge price, 100,000 USD account
499 EUR

One-time fee, non-refundable; a 20% promotion on this size was advertised on 2026-10-03

1-Step challenge price, 200,000 USD account
999 EUR

One-time fee, non-refundable

1-Step Consistency / Best Day rule
50 %

For 1-Step accounts originating from orders created on or after 12 October 2026, or 1-Step accounts merged on or after that date, the Consistency rule applies: the best day's closed-trade profit must not exceed 50% of cumulative net closed-trade profit across all trading days, including losing days. For unmerged accounts directly initiated from orders created before 12 October 2026, the legacy Best Day rule remains: its denominator is the sum of net profit from profitable days only. Exceeding the ratio is not a breach, but the ratio must be met to pass the Challenge or qualify for a Reward, alongside the other requirements.

Account type
Simulated
Simulated
Stellar 1-Step fee-refund timing by purchase or reset date
Before 12 January 2026: with the first Reward for a qualifying earlier purchase; purchase or reset from 12 January 2026: with the third Reward.

Stellar 1-Step CFD only. A refund requires a qualifying Reward request and is not automatic after passing the evaluation.

Simulated or live
Simulated trading
Simulated trading
Platforms
MetaTrader 4 / MetaTrader 5 / cTrader / TradingView
MetaTrader 4 / MetaTrader 5 / cTrader / Match-Trader
Check with the provider
Visit FundedNext · Opens in a new tab
Referral code: 5% off your first purchase

Service and entity
FTMOFundedNext
Service type
Funded trading
Funded trading
Legal entity and jurisdiction
FTMO Evaluation Global s.r.o. · Czech Republic / FTMO Trading Global s.r.o. · Czech Republic
FundedNext Ltd. · Comoros (Fomboni, Moheli), registration HY01023052 / FundedNext Limited · Hong Kong (website operator)

Initial and recurring cost
FTMOFundedNext
Participation fee (from)
89 EUR

Starting price for the smallest account. The price rises with account size, up to a 200,000 USD account.

59.99 USD

List price for a $6,000 simulated account; up to $1,099.99 for a $200,000 simulated account. In a budget example where each attempt costs 59.99 USD, two attempts cost 119.98 USD before discounts and additional charges. A conditional refund does not reduce the upfront payment.

2-Step 25K price
199.99 USD
2-Step 50K price
299.99 USD
2-Step 100K price
549.99 USD
1-Step 25K price
219.99 USD
Lite 10K price
59.99 USD

Evaluation terms
FTMOFundedNext
Evaluation stages
2
2
Profit target (phase 1 / 2-Step)
10 %

Of initial capital; minimum 4 trading days

8 %
Phase 2 profit target
5 %

Of initial capital; minimum 4 trading days

5 %
1-Step profit target
10 %

Of initial capital; single phase

10 %

Loss limits
FTMOFundedNext
Maximum daily loss (2-Step)
5 %

Of initial capital in both phases. For a hypothetical 100,000 USD simulated account, 5% is 5,000 USD; open losses, commission and financing reduce the remaining room under the daily rule.

5 %

Stellar 2-Step only. In a hypothetical 6,000 USD simulated account, 5% of the initial balance is 300 USD. Losses already accumulated that day and the costs included in the rule reduce the amount remaining.

Maximum overall loss (2-Step)
10 %

Static, of initial capital

10 %

Static, from the starting balance. In a hypothetical 6,000 USD simulated account, 10% is 600 USD and the overall loss floor is 5,400 USD. The daily threshold is checked separately.

Maximum daily loss (1-Step)
3 %

Of initial capital

3 %
Maximum overall loss (1-Step)
10 %

Of initial capital

6 %

Static.

Drawdown method
Static
Static

Payout rules
FTMOFundedNext
Profit share
80 %

Rises to 90% when Scaling Plan or Premium Programme conditions are met. 1-Step: 90%. The profit is simulated and the reward is not guaranteed.

80 %

80% is the base share on ordinary plans, including the Stellar 2-Step Standard 21 Days option; other Reward options and add-ons can change it. 90% after meeting the applicable Scale-Up conditions. Profits are simulated and rewards are not guaranteed.

First payout
14 days

Counted from the first trade on the FTMO Account, subject to compliance with the rules.

Resets and extra fees
FTMOFundedNext
Fee refund
2-Step: the evaluation fee is refunded with the first reward withdrawal under the terms. 1-Step: no evaluation fee refund.

One-time fee, no recurring fees

2-Step: with the first reward. 1-Step and Lite: at the third reward. Instant: no refund.

Read 1-Step timing alongside the separate refund-date fact for the purchase or reset. After a reset, the refund basis is the latest reset fee, not the total of every attempt. Include the refund in the Reward request. EA/VPS fees are excluded, and any platform charge must be checked separately for the account.

Simulated or live
FTMOFundedNext
Simulation scope
simulated CFD evaluation

CFD evaluation and simulated trading. FTMO Futures and other group companies have separate terms.

simulated CFD and futures evaluation

According to the site, all trading takes place in a demo environment with virtual capital, and FundedNext is not a broker.

Costs and service terms
FTMOFundedNext
Evaluation company registration number
09213651

Business ID of FTMO Evaluation Global s.r.o.; this is a company registration number, not a broker or investment licence.

Trading types
1-Step and 2-Step challenges on simulated accounts of 10,000 to 200,000 USD; forex, commodities, indices and more; MetaTrader 4, MetaTrader 5, cTrader

Demo accounts in a simulated environment only

CFD challenges: Stellar 2-Step, 1-Step, Lite and Instant. Futures challenges: Flex, Legacy and Rapid. Forex, indices, commodities, 9 crypto pairs and 20 stocks.
How the challenge is paid
Credit/debit card (Visa, Mastercard, Diners, Discover), Apple Pay, Google Pay, Revolut Pay free; PayPal, Skrill and crypto (BTC, ETH, LTC, USDT, USDC) at 3%; bank transfer 2 to 5 business days with varying fees

One-time fee; no recurring fees

USDT (ERC20/TRC20), USDC, Confirmo, RiseWorks, bank transfer or card. Minimum request $20.

An approved identity verification (KYC) is required before any reward.

1-Step challenge price, 10,000 USD account
79 EUR

One-time fee, non-refundable

1-Step challenge price, 25,000 USD account
199 EUR

One-time fee, non-refundable

1-Step challenge price, 50,000 USD account
319 EUR

One-time fee, non-refundable

1-Step challenge price, 100,000 USD account
499 EUR

One-time fee, non-refundable; a 20% promotion on this size was advertised on 2026-10-03

1-Step challenge price, 200,000 USD account
999 EUR

One-time fee, non-refundable

1-Step Consistency / Best Day rule
50 %

For 1-Step accounts originating from orders created on or after 12 October 2026, or 1-Step accounts merged on or after that date, the Consistency rule applies: the best day's closed-trade profit must not exceed 50% of cumulative net closed-trade profit across all trading days, including losing days. For unmerged accounts directly initiated from orders created before 12 October 2026, the legacy Best Day rule remains: its denominator is the sum of net profit from profitable days only. Exceeding the ratio is not a breach, but the ratio must be met to pass the Challenge or qualify for a Reward, alongside the other requirements.

Account type
Simulated
Simulated
Stellar 1-Step fee-refund timing by purchase or reset date
Before 12 January 2026: with the first Reward for a qualifying earlier purchase; purchase or reset from 12 January 2026: with the third Reward.

Stellar 1-Step CFD only. A refund requires a qualifying Reward request and is not automatic after passing the evaluation.

Simulated or live
Simulated trading
Simulated trading

Access and currencies
FTMOFundedNext
Platforms
MetaTrader 4 / MetaTrader 5 / cTrader / TradingView
MetaTrader 4 / MetaTrader 5 / cTrader / Match-Trader

Check with the provider

FundedNext

Visit FundedNext · Opens in a new tab
Referral code: 5% off your first purchase

Read our editorial comparisons

Editorial comparison

FTMO 1-Step vs 2-Step: Loss Rules and Rewards

Choose between FTMO 1-Step and 2-Step using daily and static or trailing loss limits, the Consistency or Best Day rule based on the order or merge date, Standard and Swing accounts, and evaluation fee refunds.

Updated: Oct 15, 2026Read article