Clarity Traders (a TradingFormula partner) and FundedNext both offer two-stage forex challenges with 8% then 5% targets and no time limit. The differences are drawdown room, consistency rules, platforms and payout method.
At a glance
| Clarity Traders (Traditional) | FundedNext Stellar 2-Step | |
|---|---|---|
| Profit targets | 8%, then 5% | 8%, then 5% |
| Daily loss | 5% | 5% of initial balance |
| Max drawdown | 8% | 10% of initial balance |
| Min trading days | 5 | 5 per phase |
| Consistency rule | 30% (best day) | — |
| Profit split | Up to 100% | 80%, up to 95% with add-ons |
| Payouts | Bi-weekly, in USDT | 21-day cycle or faster paid options |
| Platforms | TradeLocker | Several — check the current list |
Figures from each firm’s published rules as summarised in our reviews, checked November 1, 2026. Rules change often — confirm them on each firm’s site before you buy.
Room vs split
FundedNext gives 2 percentage points more drawdown room (10% vs 8%). Clarity Traders offers a higher split — up to 100% — and pays every two weeks, but in USDT.
Which should you choose?
Choose Clarity Traders if you trade on TradeLocker, trade steadily under a 30% consistency rule and want the highest split. Choose FundedNext if you want more room and conventional payouts. Read the Clarity Traders listing, the FundedNext review and FTMO vs FundedNext.
Frequently asked questions
Do both have the same targets?
Yes, 8% in phase 1 and 5% in phase 2 on these programs.
Which has more drawdown room?
FundedNext, with a 10% maximum loss versus 8% at Clarity Traders.
How does Clarity Traders pay out?
Bi-weekly in USDT, with up to a 100% split.