Understanding the differences and similarities in trading objectives between Blue Guardian and FundedNext (Stellar) is crucial for traders evaluating their options in the prop trading industry. This comparison provides a clear picture of how these two firms align and diverge in their offerings.
Trading Objectives: Blue Guardian vs. FundedNext (Stellar)
Here’s a detailed comparison of their key trading objectives:
- Phase 1 Profit Target: Both firms set an 8% target for Phase 1.
- Phase 2 Profit Target: Blue Guardian has a 4% target, compared to FundedNext’s 5%.
- Maximum Daily Loss: Blue Guardian limits daily losses to 4%, while FundedNext sets it at 5%.
- Maximum Loss: They both maintain a 10% maximum loss limit.
- Minimum Trading Days: Each firm requires 5 calendar days of trading.
- Maximum Trading Period: Unlimited trading periods are offered by both firms in both phases.
- Profit Split: Blue Guardian offers a consistent 85% split, whereas FundedNext provides a variable split ranging from 80% to 90%.
Summary of Differences
While Blue Guardian and FundedNext share similarities in Phase 1 profit targets and maximum loss limits, they differ in their Phase 2 profit targets and maximum daily loss limits. Additionally, Blue Guardian’s profit split remains steady, in contrast to FundedNext’s variable range. These distinctions are significant for traders making decisions that align with their trading strategies and preferences, especially within the competitive landscape of forex funded programs.