Funded Trading Plus vs Nations Trading

Funding and Profit-Sharing Models

Funded Trading Plus presents an enticing offer to traders, boasting a possibility of managing a portfolio up to $2,500,000, which showcases both trust in their clientele and a willingness to invest heavily in skilled traders. The firm's 90% profit split catches the eye, towering over the industry average and potentially offering traders a significant cut of their earnings. In comparison, Nations Trading's model is less sizable, capping at $1,000,000 per account, but still offering a generous 80% profit share. While Nations Trading's ceiling is lower, it remains a competitive option for traders seeking substantial funding without the highest tier’s demand.

Community Reputation and Support

Reputation matters, and Funded Trading Plus shines with a stellar 4.9/5 Trustpilot rating, indicating a robust and satisfied trading community. The excellent support system complements this high regard, reassuring traders that assistance is on hand when needed. However, Nations Trading appears to fall short in the community feedback arena, but this may be attributable to its more recent inception in June 2022. Their robot-assisted live chat may fail to provide the personal touch that retail traders value.

Trading Conditions and Tools

Both firms provide an extensive suite of trading tools, including forex, commodities, indices, and cryptocurrencies—necessities for the modern trader. They both permit overnight and news trading, allowing for flexibility and the opportunity to capitalize on events that could sway the markets significantly. These conditions reflect an understanding of the trader’s need for freedom and strategic versatility.

Firm Policies and Trading Rules

Trading rules are crucial in assessing a firm's flexibility and risk management. Funded Trading Plus enforces policies such as Maximum Daily Loss and Maximum Trailing Drawdown, while also prohibiting weekend holding—all standard practices to safeguard the firm's capital and the trader's account. Nations Trading, while sharing some restrictions like Maximum Daily Loss and Profit Target, also places limits on the number of maximum and minimum trading days and disallows any form of copy trading and EAs (Expert Advisors), indicating a more rigorous control over trading practices which could be a double-edged sword, potentially hindering automated and social trading strategies.

Fees and Accessibility

The absence of a free trial in Nations Trading can be off-putting for risk-averse traders who prefer to test waters before fully committing. This stands out particularly when considering retail traders often value such a trial to gauge the fit of a proprietary firm's platform and conditions. Both firms offer similar deposit and withdrawal methods, facilitating accessibility with cryptocurrency options.

Account Diversification and Assets

Account sizes and tradeable instruments are pivotal to traders looking for diversity. Funded Trading Plus accommodates a range of account sizes tailored to different levels of traders. Nations Trading keeps it simple by offering accounts sized in USD, but they do include stocks in their tradeable assets, which could be a crucial deciding factor for traders aiming to diversify their portfolios further.

Conclusion

Retail traders and potential users comparing Funded Trading Plus and Nations Trading have a lot to consider. From the substantial funding and high profit split offerings of Funded Trading Plus to the more cautious yet still appealing conditions of Nations Trading, the choice hinges on the trader's priorities—be it the size of the fund, the flexibility in trading strategies, the range of assets, or the quality of community and support. Funded Trading Plus seems to lead with its more established reputation and substantial financial offerings, yet Nations Trading's rules and growing presence suggest it could soon be a robust contender in the prop firm space.