FundedNext & Fidelcrest Two-step Comparison

In this article, we will be making a general and two-step comparison between FundedNext and Fidelcrest. 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	Fidelcrest
Incorporation Date	March 2022	September 2018
CEO	Abdullah Jayed	Jussi Hallikas
Office Location	UAE, USA, UK, Bangladesh	Nicosia, Cyprus
Maximum Allocation Capital	$300,000	2x $1,000,000

FundedNext and Fidelcrest are both reliable and trustworthy proprietary trading firms. FundedNext was incorporated in March 2022, while Fidelcrest started operating in September 2018. When it comes to CEOs, Abdullah Jayed is the CEO of FundedNext, while Fidelcrest is being run by Jussi Hallikas. FundedNext has offices located in UAE, USA, UK, and Bangladesh, while Fidelcrest has its headquarters in Nicosia, Cyprus. And lastly, when it comes to the maximum allocation capital, traders can manage $300k two-step evaluation accounts with FundedNext, while with Fidelcrest, traders can obtain funding up to 2x $1,000,000.

Funding Program Options

Funding Program Options	FundedNext	Fidelcrest
One-step Evaluation	✅	❌
Two-step Evaluation	✅	✅

FundedNext and Fidelcrest both offer multiple funding programs to forex traders worldwide. FundedNext offers two one-step evaluations and two two-step evaluations. Fidelcrest, on the other hand, offers a two-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)	Fidelcrest (Normal)	Fidelcrest (Aggressive)
Phase 1 Profit Target	10%	8%	10%	15% or 20%
Phase 2 Profit Target	5%	5%	5% or 10%	15% or 20%
Daily Drawdown	5%	5%	5%	10%
Overall Drawdown	10%	10%	10%	20%
Leverage	1:100	1:100	1:100 up to 1:200	1:100 up to 1:200
Minimum Trading Days	5 calendar days	5 calendar days	No minimum trading 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: 60 Calendar Days Step 2: 60 Calendar Days (Unlimited with add-on)	Step 1: 60 Calendar Days Step 2: 60 Calendar Days (Unlimited with add-on)
Profit split	80% up to 90%	80% up to 90%	80%	90%

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)	Fidelcrest (Normal)	Fidelcrest (Aggressive)
$6,000	$49	$59	❌	❌
$15,000	$99	$119	€99	€199
$25,000	$199	$199	❌	❌
$30,000	❌	❌	€199	€299
$50,000	$299	$299	❌	❌
$60,000	❌	❌	€299	€399
$100,000	$549	$519	❌	❌
$200,000	$999	$999	❌	❌
$250,000	❌	❌	€999	€1,999
$500,000	❌	❌	€1,899	€3,499
$1,000,000	❌	❌	€2,999	❌

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	Fidelcrest
Broker	Eightcap, GrowthNext, Incenteco	Foreign Exchange Clearing House
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 Fidelcrest.

Trading Instrument	FundedNext	Fidelcrest
Forex Pairs	✅	✅
Commodities	✅	✅
Indices	✅	✅
Stocks	❌	✅
Crypto	❌	✅

Community Feedback

The last topic we will go through is community feedback from FundedNext and Fidelcrest. We will be looking at feedback from Trustpilot regarding both proprietary trading firms.

Trustpilot Statistics	FundedNext	Fidelcrest
Rating	4.7/5	4.6/5
Number of Reviews	4,487	1,013

FundedNext has a rating of 4.7/5 out of a total of 6,530 reviews, while Fidelcrest has a rating of 4.6/5 out of 1,013 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 Fidelcrest 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, Fidelcrest offers a two-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

Fidelcrest 15% active discount code: FPR-15

This comparison was lastly updated on 15.08.2023 at 07:18 (CE(S)T).