FTMO 2 Step vs FundedNext 2 Step: Full Comparison 2026

The FTMO 2 Step Challenge has two stages: the FTMO Challenge followed by the Verification. Phase 1 requires a 10% profit target and Phase 2 requires 5%. Throughout both phases you must respect a 5% daily loss limit and a 10% maximum loss, trade at least four days, and there is no time limit. Read our full FTMO review for account sizes and pricing.

FundedNext Stellar 2 Step requires 8% in Phase 1 and 5% in Phase 2, with a 5% daily loss limit and a 10% maximum loss. You need at least five trading days in each phase, and evaluation time is unlimited. See our FundedNext review for the other account models.

$100,000 example: on FTMO you'd need $10,000 profit in Phase 1 and $5,000 in Phase 2. On FundedNext Stellar you'd need $8,000 in Phase 1 and $5,000 in Phase 2. Each target is measured separately within its own phase.

Both firms use the same headline drawdown structure:

• 5% maximum daily loss
• 10% maximum overall loss
• Static maximum drawdown

What is static drawdown? Your maximum loss level is fixed from your starting balance and doesn't move up as you make profit. On a $100,000 account, you fail if equity falls below $90,000 — even if you were up to $108,000 first. That's more forgiving than trailing drawdown, which follows your highest balance. How prop firm drawdown works is covered in more depth in our guides.

FTMO requires 4 minimum trading days, while FundedNext Stellar requires 5 days per phase. If you tend to hit targets quickly, fewer required days means you can move to the next stage sooner.

No. Both FTMO and FundedNext currently offer unlimited evaluation time, so you can trade at your own pace without a deadline.

FTMO

• MT4
• MT5
• cTrader
• TradingView

FundedNext

• MT4
• MT5
• cTrader
• Match-Trader

The key difference: FTMO offers TradingView, while FundedNext offers Match-Trader.

FTMO allows expert advisors (EAs), subject to its trading rules and technical restrictions. FundedNext's automation permissions may depend on the account type, platform and current conditions. If EAs are essential to your strategy, verify the exact rules with each firm before buying.

Both firms permit news trading during the evaluation, but funded-account restrictions can differ. FTMO Standard funded accounts may have restrictions around selected high-impact news events. Check each provider's current rules before trading news on a funded account.

Weekend holding rules can differ after the evaluation stage. On FTMO, the Standard account structure may restrict holding positions over the weekend on funded accounts, while the Swing account structure is designed for traders who want to hold over weekends. FundedNext Stellar allows weekend holding under its current rules.

FTMO has operated since 2015, while FundedNext launched later, in 2022. Operating history is presented here as factual context only — it isn't a guarantee of future conduct, so review each firm's current terms and recent trader feedback yourself.

FTMO may suit traders who value:

• Four minimum trading days
• TradingView availability
• EA compatibility within the rules
• A longer operating history

The main trade-off is the higher 10% Phase 1 target.

FundedNext may suit traders who value:

• A lower 8% Phase 1 target
• Match-Trader
• Weekend-holding flexibility
• Multiple payout structures

Keep in mind the five minimum trading days per phase, and check automation and platform rules for your account type.

FTMO and FundedNext Stellar share the same headline drawdown limits and unlimited time, but differ on Phase 1 targets, minimum days, platforms and funded-account rules. Neither is the automatic winner — the better fit depends on your strategy, platform preference, payout requirements and the funded-account restrictions you can live with. If you're weighing other options, see the best 2 step prop firms or our full prop firm comparison.

At Prop Firm Family, our goal is to make prop-firm rules easier to compare so traders can understand what they are signing up for before paying for a challenge.