Comparing TopTier Trader with FundedNext (Stellar) is essential for traders seeking to understand how each firm’s trading objectives align with their personal trading strategies. This analysis highlights the key similarities and differences between the two firms.
Trading Objectives: TopTier Trader vs. FundedNext (Stellar)
Here’s a detailed comparison of the trading objectives for TopTier Trader and FundedNext (Stellar):
- Phase 1 Profit Target: Both firms set an 8% target.
- Phase 2 Profit Target: A consistent 5% target is maintained by both.
- Maximum Daily Loss: Each firm imposes a 5% limit.
- Total Maximum Loss: TopTier Trader caps this at 8%, while FundedNext (Stellar) sets a 10% limit.
- Minimum Trading Days: TopTier Trader requires 4 calendar days, compared to FundedNext’s 5 days.
- Maximum Trading Period: Both offer unlimited trading periods for both phases.
- Profit Split: Each firm offers a range of 80% to 90%.
This comparison illustrates that while TopTier Trader and FundedNext (Stellar) share similarities in profit targets for each phase and identical profit splits, they differ in aspects such as the maximum loss limits and minimum trading days. These distinctions are crucial for traders in choosing a firm that aligns with their specific trading requirements and preferences.