In this article, we will be making a general and two-step comparison between FundedNext and Blue Guardian.
FundedNext & Blue Guardian Two-step Comparison
In this article, we will be making a general and two-step comparison between FundedNext and Blue Guardian. We will compare the two mentioned proprietary trading firms in general and what they are offering to forex traders worldwide.
Company Details
| Company Details | FundedNext | Blue Guardian |
|---|---|---|
| Incorporation Date | March 2022 | September 2021 |
| CEO | Abdullah Jayed | Sean Bainton |
| Office Location | United Arab Emirates & Bangladesh | Dubai, United Arab Emirates |
| Maximum Allocation Capital | $300,000 | $400,000 |
FundedNext and Blue Guardian are both reliable and trustworthy proprietary trading firms. FundedNext was incorporated in March 2022, while Blue Guardian started operating in September 2021. When it comes to CEOs, Abdullah Jayed is the CEO of FundedNext, while Blue Guardian is being run by Sean Bainton. FundedNext has offices located in the United Arab Emirates and Bangladesh, while Blue Guardian has its headquarters in Dubai, United Arab Emirates. And lastly, when it comes to the maximum allocation capital, traders can manage $300k two-step evaluation accounts with FundedNext, while with Blue Guardian, traders can obtain funding up to $400k. Note that both proprietary trading firms also have a scaling plan.
Funding Program Options
| Funding Program Options | FundedNext | Blue Guardian |
|---|---|---|
| One-step Evaluation | ✅ | ✅ |
| Two-step Evaluation | ✅ | ✅ |
FundedNext and Blue Guardian both offer multiple funding programs to forex traders worldwide. FundedNext offers two one-step evaluations and two two-step evaluations. Blue Guardian, on the other hand, offers two two-step evaluations and a one-step evaluation.
That being said, let’s take a look at the comparison of the two-step evaluation programs.
Two-step Comparison:
| Trading Rules/Objectives | FundedNext (Evaluation) | FundedNext (Stellar) | Blue Guardian (Elite) | Blue Guardian (Unlimited) |
|---|---|---|---|---|
| Phase 1 Profit Target | 10% | 8% | 8% | 8% |
| Phase 2 Profit Target | 5% | 5% | 4% | 4% |
| Daily Drawdown | 5% | 5% | 4% | 4% |
| Overall Drawdown | 10% | 10% | 10% | 8% |
| Leverage | 1:100 | 1:100 | 1:50 | 1:100 |
| Minimum Trading Days | 5 calendar days | 5 calendar days | 5 calendar days | No minimum trading days |
| Trading Period | Step 1: 30 calendar days Step 2: 60 calendar days | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited |
| Profit Split | 80% up to 90% | 80% up to 90% | 85% | 85% |
Now that we have covered all the rules and guidelines of the two-step evaluation. Let’s take a closer look at prices.
| Account Size | FundedNext (Evaluation) | FundedNext (Stellar) | Blue Guardian (Elite) | Blue Guardian (Unlimited) |
|---|---|---|---|---|
| $6,000 | $49 | $59 | ❌ | ❌ |
| $10,000 | ❌ | ❌ | $120 | $87 |
| $15,000 | $99 | $119 | ❌ | ❌ |
| $25,000 | $199 | $199 | $240 | $187 |
| $50,000 | $299 | $299 | $370 | $297 |
| $100,000 | $549 | $519 | $570 | $497 |
| $200,000 | $999 | $999 | $1,090 | $947 |
Brokers & Trading Platforms
After covering all the trading objectives, rules, and pricing, let’s take a closer look at brokers and trading platforms that we can use with each proprietary trading firm.
| FundedNext | Blue Guardian | |
|---|---|---|
| Broker | Incenteco, GrowthNext | Eightcap, Purple Trading Seychelles |
| Trading Platform | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5 |
Trading Instruments
Another important factor when comparing proprietary trading firms is trading instruments. Below you can see which trading instruments we can trade with FundedNext and Blue Guardian.
| Trading Instrument | FundedNext | Blue Guardian |
|---|---|---|
| Forex Pairs | ✅ | ✅ |
| Commodities | ✅ | ✅ |
| Indices | ✅ | ✅ |
| Crypto | ❌ | ✅ |
Community Feedback
The last topic we will go through is community feedback from FundedNext and Blue Guardian. We will be looking at feedback from Trustpilot regarding both proprietary trading firms.
| Trustpilot Statistics | FundedNext | Blue Guardian |
|---|---|---|
| Rating | 4.7/5 | 4.8/5 |
| Number of Reviews | 7,049 | 631 |
FundedNext has a rating of 4.7/5 out of a total of 7,049 reviews, while Blue Guardian has a rating of 4.8/5 out of 631 reviews. Based on the statistics, we can clearly see that FundedNext is the more popular proprietary trading firm at the moment.
Conclusion
In conclusion, FundedNext and Blue Guardian are two excellent proprietary trading firm choices for any trader. We can see some clear differences regarding the trading rules and objectives, prices, and community feedback. In addition, we can also see that there is a difference regarding funding program options since FundedNext offers the following four: two one-step evaluations and two two-step evaluations. On the other hand, Blue Guardian offers two two-step evaluations and a one-step evaluation.
We will be ending the comparison with our special discount codes for each of the two compared proprietary trading firms. You can find both discount codes below!
FundedNext 10% discount code: FOREXPROPREVIEWS
Blue Guardian 10% active discount code: forexpropreviews
This comparison was lastly updated on 04.10.2023 at 10:15 (CE(S)T).
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