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Next Level Funded vs NYS Markets: Head-to-Head Comparison (2026)

VS

NYS Markets

6.3 C
Saint Lucia CFD
Key Differences
Price $8 vs $36

Verdict: Who Wins?

Next Level Funded 4 wins Decisive Win
4 - 0
NYS Markets 0 wins
Overall Rating Both 6.3 Tie
TrustPilot 3.1 vs 2.4 Decisive
Starting Price $8 vs $36 Decisive
Profit Split Both 100% across all current account types (1-Step, 2-Step, Pro tiers, Instant Crown, Eval, Instant Beginner) Tie
Safety Grade Both C Tie
Trust Score 55.1/100 vs 48.3/100 Clear
Challenge Variety 49 vs 6 options Decisive

Best For:

Budget-conscious traders Next Level Funded
Trust & reputation Next Level Funded
Fast payouts NYS Markets

Visual Comparison

Next Level Funded NYS Markets

Head-to-Head Comparison

Next Level Funded Metric NYS Markets
6.3/10 PFM Score 6.3/10
3.1/5 (262) TrustPilot 2.4/5 (710)
C Safety Grade C
55.1 C Trust Score 48.3 D
100% across all current account types (1-Step, 2-Step, Pro tiers, Instant Crown, Eval, Instant Beginner) Profit Split 80% (scales up to 100%)
1-Step 3%; 1-Step Pro 3%; 2-Step 5%; 2-Step Pro 4%; Instant Pro 3%; Instant Crown 2%; Eval(1-Step) 4%; Eval(2-Step) 10%; Instant Beginner 3% Daily Drawdown Instant: 3% daily / 5% trailing. Step 1: 3% daily / 6% max. Step 2: 5% daily / 10% max.
On-Demand Payout Frequency Weekly
$7.77 Starting Price $36
White-Label Technology White-Label
Match Trader, MT5, TradeLocker Platforms Trading View, Match Trader, MT5
No Direct Path to Funded No
Australia Country Saint Lucia
Nov 2024 Established Jan 2015
49 options Challenge Options 6 options

Price Comparison by Account Size

Cheapest challenge price at each account size (where both firms offer the same size)

Account Size Next Level Funded NYS Markets Savings
$5K $29 $36 Save $7
$10K $8 $79 Save $71
$50K $8 $299 Save $291
$100K $8 $529 Save $521

Next Level Funded vs NYS Markets: Detailed Analysis

Next Level Funded and NYS Markets are both CFD firms. NYS Markets has been in business longer, established in 2015, while Next Level Funded was founded in 2024.

Pricing

In terms of pricing, Next Level Funded is more affordable with challenges starting at $8, which is $28 less than NYS Markets's starting price of $36. Next Level Funded offers 49 challenge options, while NYS Markets offers 6.

Account Sizes

On account sizing, Next Level Funded offers account sizes from $5 to $200 across 6 funding tiers, while NYS Markets offers account sizes from $5 to $150 across 6 funding tiers. Picking the right tier matters because both the entry cost and the maximum capital you can scale to are tied to the account size you start with.

Trading Platforms

For trading platforms, Next Level Funded supports Match Trader, MT5 and TradeLocker, while NYS Markets runs on Trading View, Match Trader and MT5. If you already trade on a specific platform, this can be the deciding factor between the two.

Profit Split & Payouts

Next Level Funded offers 100% across all current account types (1-Step, 2-Step, Pro tiers, Instant Crown, Eval, Instant Beginner) profit split, while NYS Markets offers 80% (scales up to 100%). Next Level Funded pays out On-Demand, and NYS Markets pays out Weekly.

Risk & Drawdown Rules

Risk rules are a key difference for funded traders: Next Level Funded lists its daily drawdown as "1-Step 3%; 1-Step Pro 3%; 2-Step 5%; 2-Step Pro 4%; Instant Pro 3%; Instant Crown 2%; Eval(1-Step) 4%; Eval(2-Step) 10%; Instant Beginner 3%", while NYS Markets lists "Instant: 3% daily / 5% trailing. Step 1: 3% daily / 6% max. Step 2: 5% daily / 10% max.". Always confirm the drawdown type before buying, since a trailing rule behaves very differently from a static end-of-day one.

Payout Methods

Next Level Funded supports withdrawals via Crypto and Bank Wire.

Trust & Safety

For trust and reputation, Next Level Funded has a 3.1/5 TrustPilot rating with 262 reviews, while NYS Markets has 2.4/5 with 710 reviews. Safety grades: Next Level Funded C, NYS Markets C.

Who Should Choose Which

So who should pick which? Next Level Funded is the stronger choice for budget-conscious traders and trust & reputation, while NYS Markets is the better fit for fast payouts.

Overall, Next Level Funded edges ahead winning 4 out of 4 categories we compared. However, the best choice depends on your specific needs - both firms have their strengths.

Pros & Cons

Next Level Funded
Pros
Up to 100% profit split; on-demand payouts processable from dashboard; instant funding model with no evaluation phases; unlimited trading days; weekend & news trading permitted; EAs / bots allowed; Top Up feature lets funded traders restore balance after drawdown; Match-Trader / MT5 / TradeLocker support; scaling plan up to $1M; account sizes from $5K up to $200K (instant) and special $10/$25 accounts for beginners
Cons
New firm (established Nov 2024 in Australia); not regulated as a broker (operates simulated-trading model under Next Lvl Funded PTY LTD, company no. 685007710); TrustPilot 4.2 across 403 reviews but mixed user reports cite hidden rule disputes (undisclosed minimum hold-time on some accounts) and KYC delays; Special Account caps profit split at 50% and uses one-time payout cycle; trailing drawdown on 1-Step and Instant Pro tracks higher of balance or equity
NYS Markets
Pros
Three programs (Instant, 1-Step, 2-Step). Up to $150,000 simulated capital. 80% profit split scaling to 100%. Weekly payouts within 24h. Available in 190+ countries. MT5, Match Trader and TradingView. NYS Academy education + Smart Journal + NYS GPT. Premium Programme scaling to $2M. Spin & Trade reward feature.
Cons
Instant program enforces 15% consistency rule and 1% max open risk. 2-Step required reaching 8% then 5% with tight risk caps. Founders/UBO not publicly listed. Saint Lucia tech entity (NYS Markets Ltd) + Hong Kong operator (NYS Corp Limited) — offshore structure, unregulated.

Active Deals & Promo Codes

Next Level Funded
50% OFF 50% off all challenges + 1 FREE $25K Instant Pro Account
60% OFF 60% off all $10k accounts
NYS Markets
BOGO - buy one get one free evaluation, code MUSTANG

Frequently Asked Questions

Which is better, Next Level Funded or NYS Markets?

Next Level Funded scores higher overall, winning 4 out of 4 comparison categories including TrustPilot, Starting Price, Trust Score. However, the best choice depends on your trading goals and priorities.

Which is cheaper, Next Level Funded or NYS Markets?

Next Level Funded has the lower starting price at $8. Next Level Funded offers 49 challenge options starting from $8, while NYS Markets offers 6 options starting from $36.

Which has better reviews, Next Level Funded or NYS Markets?

Next Level Funded has a higher TrustPilot rating of 3.1/5. Next Level Funded has 262 reviews while NYS Markets has 710.

Which offers a higher profit split, Next Level Funded or NYS Markets?

Next Level Funded offers a higher maximum profit split. Next Level Funded offers 100% across all current account types (1-Step, 2-Step, Pro tiers, Instant Crown, Eval, Instant Beginner) while NYS Markets offers 80% (scales up to 100%).

How fast do Next Level Funded and NYS Markets pay out?

Next Level Funded has On-Demand payouts while NYS Markets offers Weekly payouts. Payout speed can be an important factor when choosing a prop firm.

Are Next Level Funded and NYS Markets legit?

Both firms have been independently verified by PropFirmMap. Next Level Funded holds a C safety grade and a 3.1/5 TrustPilot rating. NYS Markets holds a C safety grade and a 2.4/5 TrustPilot rating. Safety grades are based on payout history, community trust signals, and regulatory transparency.

Which is better for beginners, Next Level Funded or NYS Markets?

Next Level Funded may be more accessible for beginners due to its lower entry price. When starting out, consider challenge cost, drawdown rules, and profit split. Use the comparison table above to find which firm fits your experience level and risk tolerance.

Not sold on either? Explore alternatives

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