This review provides a comparative analysis of True Forex Funds and FundedNext’s Stellar program, focusing on their respective trading objectives. Key aspects such as profit targets, loss limits, trading periods, and profit splits are examined to highlight both similarities and differences crucial for traders.
Comparative Overview of Trading Objectives
The comparison between these two firms offers insights into their strategies and operational nuances.
Profit Targets for Phase 1 and Phase 2
- Both firms set Phase 1 and Phase 2 Profit Targets at 8% and 5%, respectively.
Maximum Daily Loss and Overall Loss Limit
- True Forex Funds and FundedNext align with a 5% Maximum Daily Loss and a 10% Overall Loss Limit.
Minimum Trading Days
- Each firm requires a minimum of 5 Calendar Days of trading.
Maximum Trading Period
- True Forex Funds limits trading to 30 days in Phase 1 and 60 days in Phase 2.
- FundedNext offers unlimited trading for both phases, enhancing flexibility.
Profit Split
- True Forex Funds maintains a consistent 80% profit split.
- FundedNext starts at 80% but allows an increase up to 90% under certain conditions.
While similarities are evident in their foundational trading objectives, notable differences in trading period flexibility and profit split potential set these firms apart. For more detailed information on forex prop firms, consider visiting All Prop Trading Firms or check out their extensive list at Forex Funded Programmes.