Examining the trading objectives and conditions of FundedNext and Blue Guardian’s Elite program offers valuable insights into their distinct approaches. This side-by-side comparison elucidates how each proprietary trading firm tailors its offerings to suit its traders.
Trading Objectives Comparison
Let’s delve into the core trading objectives of FundedNext and Blue Guardian (Elite) to understand their similarities and variances:
- Phase 1 Profit Target: Both firms set an 8% target in Phase 1, displaying a common goal for initial profitability.
- Phase 2 Profit Target: While FundedNext aims for 5% in Phase 2, Blue Guardian (Elite) targets a slightly lower 4%.
- Maximum Daily Loss: FundedNext allows a maximum daily loss of 5%, in contrast to Blue Guardian (Elite)’s 4% limit.
- Overall Maximum Loss: They both adhere to a 10% maximum loss limit, indicating a shared risk management strategy.
- Minimum Trading Days: A requirement of 5 calendar days is consistent across both firms, setting a standard for trading engagement.
- Maximum Trading Period: Unlimited trading periods in both phases are offered by each firm, affording traders considerable flexibility.
- Profit Split: FundedNext’s profit split ranges from 80% to 90%, while Blue Guardian (Elite) maintains a steady rate of 85%.
Distinguishing Features for Traders
This detailed analysis highlights the specific features of FundedNext and Blue Guardian (Elite), enabling traders to make choices that align with their individual trading objectives and preferences. Both firms, under their respective forex funded programs, offer unique benefits that cater to various trading strategies.
