When it comes to proprietary trading,
Do you prefer FTMO or fundednext?
Why?
I wouldn’t touch either.
There are a some people saying that they can’t get paid out their profits from FundedNext at the moment.
And there are a couple of people I know and trust completely who tell me that at FTMO, only 1 entrant in 500 ever gets as far as a payout.
The important, realistic point is that the incentive of CFD prop firms is for their funded customers to lose (because they hold the other side of their “trades”), while the incentive of the futures prop firms is for their funded customers to win (because they get a cut of the profits and have no other way of earning from those customers).
It’s a very simple and obvious point that disappointingly few people seem to understand, however clearly and frequently it’s explained.
This is relevant, also