Our editorial team compared every key metric — fees, rules, profit split, payouts — so you can pick the right firm.
| Feature | Funded Squad | FundedNext |
|---|---|---|
| Payout | ||
| Profit Split | 100% (most programs) | 80% → 95% |
| Payout Frequency | On-demand / Daily / Every 5–7 days (by program) | Bi-weekly ($100 minimum) |
| Max Account Size | $200,000 | $200,000 |
In this independent head-to-head comparison of Funded Squad vs FundedNext, we break down challenge rules, pricing, profit splits, and payout conditions to help you decide which prop firm is the better fit for your trading style.
Funded Squad: $1K Missed-Payout Penalty. 100% Fee Refunds. Reward Protection.
FundedNext: $306.9M Paid Out. 71K Trustpilot Reviews. $4M Scaling.
Based on our independent scoring methodology, FundedNext scores 9.7/10 overall — but the best choice depends on your specific needs. Read the full comparison below.
BestProp Score: Funded Squad scores 8.9/10 vs FundedNext at 9.7/10.
Minimum Fee: Funded Squad starts from $49; FundedNext starts from $32. FundedNext is cheaper at entry level.
Profit Split: Funded Squad offers 100% (most programs); FundedNext offers 80% → 95%. FundedNext has the higher split.
Platforms: Funded Squad supports Platform 5, Match Trader; FundedNext is on MT4, MT5, cTrader, MatchTrader, Tradovate, NinjaTrader.
Tradeable Markets: Funded Squad covers Forex, Metals, Indices, Crypto, Commodities; FundedNext offers Forex, Indices, Commodities, Crypto, CME Futures.
Challenge fees are typically the biggest factor when choosing a prop firm. Here is how Funded Squad and FundedNext compare on pricing.
Funded Squad challenge fees start from $49. They have funded over 30,000+ traders. Total payouts to date: $2,000,000+.
FundedNext challenge fees start from $32. The firm has operated since 2022. They have funded over 200,000+ traders. Total payouts to date: $306,900,000+.
On entry-level pricing, FundedNext offers a lower starting fee — an important factor if you are testing with a smaller account first.
Funded Squad profit split: 100% (most programs). FundedNext profit split: 80% → 95%. FundedNext delivers the higher cut to traders.
Payout frequency: Funded Squad pays On-demand / Daily / Every 5–7 days (by program); FundedNext pays Bi-weekly ($100 minimum). Faster payouts are better for cash flow management.
Here is our full independent review of Funded Squad:
Funded Squad is operated by Devionics Technology FZCO, headquartered at Dubai Silicon Oasis, UAE. With 30,000+ traders across 130+ countries and $2M+ in distributed rewards, the platform has grown quickly since launch on the back of a notably trader-friendly ruleset: 100% fee refunds on evaluation accounts, reward protection that lets traders keep profits even after failing the funded phase, and the strongest payout penalty we have reviewed — a $1,000 bonus if their 12-hour processing window is missed.
Six distinct program types give traders genuine choice across instant funding and evaluation paths, all with 100% profit splits (except Instant Pro at 70%) and no time limits.
Funded Squad suits traders who want low drawdown risk with high profit retention. The 2-Step Squad account’s 12% max drawdown is one of the most forgiving in the space, while the 1-Step Evaluation’s 7% max drawdown with a refundable fee and 100% split is an attractive combination for traders who are confident in their edge but want fee protection if things go wrong.
The scaling plan doubles account size for every 10% profit milestone — a path that reaches $1,000,000 in total allocation. For systematic and EA traders, automated trading is permitted on all platforms and no consistency rules apply on instant accounts.
Funded Squad offers an unusual guarantee: if a trader fails the funded phase after already receiving payouts, those payouts are not clawed back. Earned rewards remain with the trader regardless of what happens to the account afterward. This removes the risk of a firm claiming back previously paid profits — a practice that has occurred at other firms and caused significant community backlash.
Two platforms: Platform 5 (their proprietary platform, built for speed and advanced order types) and Match Trader. Instruments: forex, metals, indices, crypto, commodities. EAs and automated strategies permitted on all platforms. No consistency rules on instant accounts.
Note: a $10 platform fee applies per account in addition to the challenge fee.
Funded Squad earns a 7.9 BestProp score. The combination of 100% fee refunds, $1,000 payout penalty, reward protection, no consistency rules, and six program types with 100% splits makes the trader-value proposition among the strongest we have reviewed. The 2-Step Squad’s 12% drawdown buffer stands out for traders who need breathing room. Platform 5 is proprietary but capable.
The firm is newer and $2M+ in total payouts — while real — is modest compared to larger firms. No public Trustpilot data was available at time of writing. Overall, Funded Squad is a strong contender for traders who want maximum split retention and fee protection, with the payout guarantee providing a meaningful safety net.
Here is our full independent review of FundedNext:
FundedNext was founded in 2022 and is headquartered in Ajman, UAE, led by CEO Abdullah Jayed. In under three years the firm has distributed $306.9M+ in rewards to funded traders — one of the highest verified payout totals in the entire prop firm industry. The 71,000+ Trustpilot reviews at 4.5/5 give it the largest independent review base of any firm we have rated, providing a level of external validation that few competitors can match. With 200,000+ funded accounts, a 6,000+ person global team, and 50+ offices worldwide, FundedNext operates at a scale that places it alongside FTMO in the top tier of the industry.
FundedNext suits a broad range of traders. Four program formats — Express, Evaluation (2-step), Stellar 1-Step, and Stellar 2-Step — cover different risk tolerances and evaluation styles. Account sizes from $6,000 to $200,000 (scaling to $4,000,000) give beginners a low-cost entry point and professionals a credible ceiling. EAs and hedging are both permitted, which matters for systematic traders. The platform also covers CME futures via Tradovate and NinjaTrader alongside its CFD offering.
Key restriction: weekend holding is not permitted — all positions must be closed before the weekend. News trading is also restricted. Traders who use weekend gaps or news momentum as part of their strategy should account for this before joining.
Four evaluation formats:
15% profit share during evaluation: Like WeMasterTrade, FundedNext pays traders 15% of profits earned during the challenge phase itself — before passing. The challenge fee is effectively refundable through evaluation earnings for traders who perform well.
Balance-based drawdown: FundedNext uses balance-based (not trailing/equity-based) drawdown. The drawdown buffer only resets when you close trades in profit — floating profits do not compress your cushion. This is meaningfully more favorable than equity-based trailing drawdown used by many competitors.
| Account | Fee | Target | Daily DD | Max DD | Split |
|---|---|---|---|---|---|
| $6,000 | $32 | 10% | 5% | 10% | 80–95% |
| $15,000 | $70 | 10% | 5% | 10% | 80–95% |
| $25,000 | $119 | 10% | 5% | 10% | 80–95% |
| $50,000 | $199 | 10% | 5% | 10% | 80–95% |
| $100,000 | $349 | 10% | 5% | 10% | 80–95% |
| $200,000 | $549 | 10% | 5% | 10% | 80–95% |
Six platforms: MetaTrader 4, MetaTrader 5, cTrader, MatchTrader, Tradovate (Futures), NinjaTrader (Futures). Instruments: forex, indices, commodities, crypto, CME futures. EAs and hedging permitted. No weekend holding. News trading restricted.
Support: 24/7 live chat in 44 languages. 25+ global meetups annually. 600-second average response time.
FundedNext earns a 9.0 BestProp score — the second-highest in our database behind FTMO. $306.9M in verified payouts, 71,000+ Trustpilot reviews, 200,000+ funded accounts, and a 6,000-person global team are institutional-grade numbers. The balance-based drawdown (not trailing) is a meaningful structural advantage for traders managing open positions. The 15% evaluation-phase profit share, $4M scaling ceiling, and futures coverage via Tradovate and NinjaTrader round out a comprehensive offering.
The trade-offs are real but limited in scope: no weekend holding, news trading restricted, and the 95% split requires a paid upgrade from the 80% base. For traders whose strategies work within those rules, FundedNext is one of the two or three most credible prop firms operating globally in 2026.
Overall, our independent scoring gives FundedNext the edge in this 2026 comparison. However, both firms have their merits. If Funded Squad better matches your specific trading style, instruments, or preferred platform, it may still be the right choice for you.
Use our comparison table above and review the challenge fees at both firms before making your final decision. Both offer risk-free evaluation programs — the challenge fee is the only money at risk.
Based on our independent scoring, FundedNext scores higher overall (9.7/10). The best choice depends on your trading style, preferred instruments, and account size.
FundedNext offers a lower entry-level challenge fee. However, always compare the full account sizes you plan to trade before deciding purely on price.
FundedNext offers the higher profit split. Funded Squad: 100% (most programs). FundedNext: 80% → 95%.
EA policies: Funded Squad — check the review. FundedNext — check the review. Always verify the latest policy directly with the firm.
News trading: Funded Squad — check the review. FundedNext — check the review.
Read the full Funded Squad review → · Read the full FundedNext review →
Based on our scoring methodology, FundedNext edges ahead in this comparison. However, the best choice depends on your trading style, preferred platform and account size. Read the full breakdown above for a detailed verdict.
Funded Squad offers 100% (most programs) profit split, while FundedNext offers 80% → 95% profit split. Check each firm's current terms as these can change.
Check our offers page for the latest verified deals on both firms.
Both firms aim for fast payouts. Check each firm's website for the current payout schedule, as processing times may vary.
Neither Funded Squad nor FundedNext are regulated in the traditional financial sense — prop firms operate as private companies providing traders access to simulated or real capital. Always read the terms and conditions carefully before participating in any prop challenge.
