FundedNext vs Fidelcrest: Detailed Two-Step Comparison

Comparisons

This article presents an in-depth comparison between two renowned proprietary trading firms, FundedNext and Fidelcrest. We aim to offer forex traders globally a comprehensive view of what each firm brings to the table, focusing on general company details and their two-step evaluation programs.

Company Background

A quick snapshot of each firm:

Incorporation: FundedNext was established in March 2022, while Fidelcrest began in September 2018.
Leadership: Abdullah Jayed is at the helm of FundedNext, with Jussi Hallikas leading Fidelcrest.
Locations: FundedNext operates from the UAE & Bangladesh, while Fidelcrest is headquartered in Nicosia, Cyprus.
Maximum Allocation Capital: FundedNext offers up to $300,000, whereas Fidelcrest provides funding up to 2x $1,000,000.

Both FundedNext and Fidelcrest are acknowledged for their trustworthiness and reliability in the proprietary trading industry.

Funding Program Options

Exploring the funding programs offered by both firms:

FundedNext provides both one-step and two-step evaluation options.
Fidelcrest focuses on offering a two-step evaluation program.

Two-Step Evaluation: Detailed Analysis

Let’s delve into the specifics of the two-step evaluation programs:

Profit Targets: FundedNext and Fidelcrest have set varied profit targets for their respective phases.
Drawdown Limits: These vary between 5% to 20%, depending on the program and phase.
Leverage: Options range from 1:100 to 1:200 across different programs.
Minimum Trading Days: FundedNext requires a minimum, whereas Fidelcrest does not set a minimum trading day requirement.
Trading Period: Varies from 30 to 60 calendar days, with options for unlimited trading with add-ons.
Profit Split: Ranges between 80% to 90% depending on the firm and program.

Comparing Account Sizes and Pricing

A look at the different account sizes and pricing for both firms:

Account sizes range from $6,000 to $1,000,000, with varying prices for each size and program.

For further details on forex prop firms and their offerings, please visit All Prop Trading Firms or explore our comprehensive list of forex funded programmes.

Brokers and Trading Platforms: FundedNext vs Fidelcrest

Having examined the trading objectives, rules, and pricing, let’s now focus on the brokers and trading platforms each proprietary trading firm partners with.

Broker Partnerships

FundedNext: Partners with Incenteco and GrowthNext.
Fidelcrest: Utilizes the services of Foreign Exchange Clearing House.

Available Trading Platforms

Both firms provide access to popular trading platforms:

MetaTrader 4 and MetaTrader 5 are offered by both FundedNext and Fidelcrest.

Trading Instruments Comparison

Trading instruments available with each firm are crucial for traders. Here’s what FundedNext and Fidelcrest offer:

Forex Pairs, Commodities, and Indices are available with both firms.
Stocks and Cryptocurrencies are additionally offered by Fidelcrest.

Community Feedback and Trust

Let’s explore the community feedback based on Trustpilot reviews for both firms:

FundedNext: Holds a 4.7/5 rating from a total of 7,049 reviews, showcasing its popularity and positive reception.
Fidelcrest: Has a 4.6/5 rating from 1,260 reviews, indicating strong trust and satisfaction among its users.

Conclusion: Choosing Between FundedNext and Fidelcrest

In conclusion, both FundedNext and Fidelcrest emerge as excellent choices for traders, each with their unique strengths and offerings. The differences in trading rules, objectives, prices, and community feedback are clear, as well as the variety in funding program options. FundedNext offers a more diverse range including both one-step and two-step evaluations, whereas Fidelcrest focuses on a two-step evaluation approach.

As a final note, we’re pleased to offer special discount codes for each of these top-tier proprietary trading firms. These codes are designed to provide additional value and support to traders in their journey with either FundedNext or Fidelcrest.

Exclusive Discount Codes

Below are the discount codes for each firm:

FundedNext Discount Code: [APTF05]
Fidelcrest Discount Code: [N/A]

For more insights and exclusive deals on forex prop firms, visit All Prop Trading Firms or check out our extensive list of forex funded programmes.

Comparisons Industry News

Effortlessly Access Live Spreads from Top Prop Firms

156

Comparisons

Prop Firm Comparison: FundedNext vs. PipFarm

539

Comparisons Industry News

Adjustments to Contract Sizes at TopTier Trader: What You Need to Know

207

New Prop Firms

iFunds

iFunds, established in March 2024, is a proprietary trading firm offering instant funding accounts ranging from $2,500 to $500,000 without requiring traders to complete evaluations or demo challenges. It stands out for its flexible trading conditions, including no daily drawdown limits, customizable profit splits, and rapid withdrawals. While appealing to experienced traders, its premium fees and limited operational history may require cautious consideration before investment.

DNA Funded

DNA Funded is a broker-backed prop trading firm that aims to help traders get simulated funded capital up to $600,000. They offer flexible challenge options, plus boosters to fast-track evaluations. With access to major markets, including forex and crypto, the platform is designed for those seeking bigger opportunities under clearly stated risk parameters. Whether you’re a newbie or a seasoned pro, DNA Funded aims to be your stepping stone into advanced prop trading.

Blueberry Funded

Blueberry Funded, established in 2024, operates as a prop trading firm within the Blueberry family of brands, which also includes Blueberry Markets and Blueberry Partners.

Prop Number One

Prop Number One is a global prop trading platform offering traders transparent rules, competitive payouts, and flexible account options to optimize their trading experience.

TradeApp

TradeApp is a new prop trading firm offering global traders access to capital with flexible evaluation phases, profit splits of up to 90%, and educational resources. Ideal for traders looking to grow without risking personal funds.

We Fund You Trade (WFYT)

We Fund You Trade (WFYT) offers traders a chance to manage up to $200,000 in capital with profit splits of up to 85%. Their two-step evaluation process aims to identify disciplined and profitable traders, providing a clear pathway to funded trading.

The information provided on All Prop Trading Firms is for informational purposes only. We aim to provide comprehensive and unbiased reviews of various prop trading firms along with sharing valuable discount coupons and updates. However, we do not take responsibility for any decisions made based on the information presented on our site. Trading involves substantial risks and is not suitable for every investor. We highly recommend that you read the terms and conditions of each prop firm and conduct thorough research before engaging in any trading activities.

At All Prop Trading Firms, we believe in transparency and building trust with our audience. We would like to inform you that we have affiliate relationships with some of the prop firms listed on our site. This means that we may receive compensation if you click on affiliate links and make a purchase through these links. Please note that this does not incur any additional cost to you as a buyer. Our affiliate partnerships help us sustain our site and continue to provide valuable content to our readers.