Comparison chart between Clarity Funding LTD, FTMO, The5ers, and FundedNext for 5K will help highlight the differences in rules, restrictions, fees, and other features. Here’s how the chart would look:
Summary
- 1st Phase:
- Trading Period: No time limit to meet the trading target.
- Target: Achieve a 10% profit.
- Max Loss & Daily Loss: Max loss 10%, no daily loss limits.
- Low DD/High Profit: Focus on managing drawdown and maximizing profits in the account balance.
- Max Loss on Open Trades: If a 1% loss is hit, trades will close, but the trader can continue trading.
- Copy Trading & Profit Share: Not applicable.
- Cost: $30 to participate.
- Scaling & 2nd Chance: Not applicable.
- Pro Funded Account:
- Trading Period: Also has no time limit for trading.
- Target: Maintain a 10% profit target.
- Max Loss: Capped at 10%.
- Daily Loss: No daily loss limit specified.
- Copy Trading: Allowed, especially from top pro account traders.
- Cost: The initial cost is refunded upon completion.
- Profit Share: The trader receives 80%-100% of profits.
- Scaling: Daily scaling by 10% if the trader achieves 1%+ profit each day.
- 2nd Chance: If the trader fails in Pro Funded account, a 5K challenge is given for free as a second chance.
This structure is designed to give traders flexibility, especially with unlimited trading periods, while also incentivizing profitability and consistency through profit sharing and scaling.
Comparison chart for Instant Funding (5K):