In this analysis, we delve into the key differences in the trading objectives between OspreyFX and FundedNext (Evaluation), highlighting how each firm’s program parameters stack up against each other.
Phase 1 Profit Target
Both OspreyFX and FundedNext have set a 10% profit target for the initial phase of their programs.
Phase 2 Profit Target
In Phase 2, OspreyFX maintains an 8% profit target, whereas FundedNext reduces this to 5%.
Maximum Daily Loss
OspreyFX and FundedNext equally enforce a maximum daily loss limit of 5%.
Overall Maximum Loss
While OspreyFX sets its maximum loss limit at 12%, FundedNext imposes a slightly lower limit of 10%.
Minimum Trading Days
OspreyFX requires traders to engage in a minimum of 10 calendar days of trading, in contrast to FundedNext’s shorter minimum requirement of 5 calendar days.
Maximum Trading Period
Both firms offer a 30-day maximum trading period for their first phase and extend this to 60 days for the second phase.
Profit Split
OspreyFX proposes a 70% profit share for traders, while FundedNext goes a step further, offering an 80% split that can potentially increase to 90%.
This comprehensive comparison provides traders with a clear understanding of the distinctions between OspreyFX and FundedNext, enabling them to choose a firm that aligns best with their specific trading preferences and objectives.
