Prop firms · 6 min read

FTMO vs FundedNext: every rule side by side

The two largest CFD evaluations share the same skeleton: 10% static maximum loss, 5% daily loss, an 8% then 5% target. The differences are minimum days, the news rule once funded, the payout cycle and which platforms run EAs.

Every rule side by side

RuleFTMOFundedNext (CFD)
Programsnot published on the cardStellar 2-Step, Stellar 1-Step, Stellar Lite, Stellar Instant (no evaluation). Futures accounts (Flex, Legacy, Rapid, Bolt) run a separate rulebook: see the FundedNext Futures card
Drawdown (evaluation)Static: 10% maximum loss, 5% daily loss on standard accountsStatic from initial balance: 10% on 2-Step, 6% on 1-Step, 8% on Lite. Instant: 6% trailing on the equity high-water mark, capped at the initial balance
Drawdown (funded)not published on the cardDaily loss limit, maximum loss and drawdown type carry over from the challenge unchanged (tradetanto, Sep 2026)
Daily loss limitnot published on the card5% on 2-Step (equity-based), 3% on 1-Step, Lite by plan; none on Instant
Profit targets10% Phase 1, 5% Phase 2 on the standard two-step2-Step: 8% then 5%; 1-Step: 10%; Lite: by plan; Instant: no target, rewards from 5% growth
ConsistencyNone on the challenge; MetriX review on fundedTrackers disagree: one rulebook lists a payout-stage consistency check as a soft breach that delays a withdrawal, two others state no consistency rule on CFD funded accounts. Verify with firm for the exact plan before the first withdrawal
Minimum days4 trading days per phase5 on 2-Step, 2 on 1-Step, none on Instant
Automation (EAs, bots)EAs permitted under anti-HFT restrictions, own logic only — third-party signal copying may violate termsAllowed on MT4 and MT5, provided the EA respects drawdown limits; not on cTrader. Prohibited: HFT, latency arbitrage, tick scalping, grid, cross-account hedging (tradetanto, fortraders, Sep 2026)
Copy tradingOwn accounts allowed; opposing positions across accounts count as hedging violationsOwn accounts only; copying another trader or group-coordinated trades is a breach
NewsRestricted on standard; Swing accounts allow holding through news and overnightAllowed on all models; on funded accounts, trades opened or closed within 5 minutes of a high-impact release count only 40% of their profit toward the balance
Overnight and weekendnot published on the cardHolding permitted on the Stellar models, including weekends
Payout80/20 to 90/10 by scaling tier; on demand after the first2-Step: first payout 21 days after passing, then 14-day cycles; 1-Step: first payout 5 days after passing, 5-business-day cycles; Instant: on demand from 5% growth. Split 80% rising to 95% (Instant 70% to 80%)
Leverage$400,000 per trader or per strategy across accountsnot published on the card
Feesnot published on the cardOne-time challenge fee, refunded with the first payout on evaluation models
Platformsnot published on the cardMT4, MT5, cTrader, Match-Trader; leverage up to 1:100 on most CFDs
InstrumentsNAS100, XAUUSD and full forex/CFD rangeForex, indices (NAS100), metals (XAUUSD), energies, crypto CFDs; 78 instruments

Every cell taken from the two rules cards, verified September 2026; all 24 firms on the comparison table.

Where they differ

FTMO: 4 trading days per phase, no consistency rule (MetriX review on funded), payout on demand after the first, EAs allowed with your own logic, 2-minute Tier-1 news window. FundedNext Stellar 2-Step: 5 minimum days, first payout 21 days after passing then 14-day cycles, EAs on MT4/MT5 only, and a funded-stage rule that counts 40% of profit from trades within 5 minutes of high-impact news. FundedNext also sells a 1-Step (6% room, 3% daily, 2 days, 5-day payouts) that FTMO does not match.

Best for a systematic strategy

FTMO for a strategy that needs the simplest possible rulebook and MT5 execution with no platform caveats. FundedNext when the strategy passes fast and wants the higher ceiling on the split (95%) or the 1-Step route; add a news filter to the code and confirm the consistency rule before the first withdrawal.

The cost of a mistake

Identical on the hard rules: daily or maximum loss ends the phase at both. The soft rules differ: FundedNext’s news window shrinks a payout rather than ending the account, FTMO’s MetriX review can delay one. Fees are refundable at both on the first payout.

FAQ

Are the FTMO and FundedNext drawdown rules the same?

On the flagship 2-step evaluations, yes: 10% static maximum loss and 5% daily loss at both, carried over to the funded account.

Which requires fewer minimum days?

FTMO: 4 trading days per phase. FundedNext Stellar 2-Step: 5; Stellar 1-Step: 2.

Which allows EAs on more platforms?

FTMO allows EAs on MT4, MT5 and cTrader with your own logic. FundedNext allows them on MT4 and MT5 but not on cTrader.

Sources: the two rules cards and the firm help centers, cross-checked September 2026. Rules change quarterly; the firm’s documentation is binding.