FundedNext Firm Summary

FundedNext, based in the United Arab Emirates, was established in March 2022. It offers CFD trading with 1 Step, 2 Steps, and Instant program types. Account sizes range from $6,000 to $200,000. Platforms supported include Match Trader, MT5, MT4, and cTrader. Tradable instruments include Forex pairs (examples given: EURUSD and GBPJPY), precious metals such as XAGUSD and XAUUSD, and indices including AUS200, GER30, and SPX500. The firm has a review score of 4.3/5 from 725 reviews. FundedNext operates as a CFD-focused proprietary trading provider offering multiple evaluation formats and a range of funded account sizes.

Broker:

• Institutional Liquidity Provider

Payment Methods:

• Apple Pay
• Astropay
• Credit/Debit Card
• Crypto
• Google Pay
• PayPal
• Perfect Money
• Skrill
• TC Pay

Payout Methods:

• Crypto
• Riseworks

Type of Instruments:

• CFD

Assets:

• FX
• Crypto
• Indices
• Other Commodities

FX

Stellar 1-Step & 2 Step: $5/Lot | Stellar Lite & Instant: $7/lot

Crypto

0.04%/lot

Indices

No commission

Other Commodities

Stellar 1-Step & Stellar 2 Step: 5$/Lot | Stellar lite & Stellar Instant: 7$/lot

None

Copy trading

• Copy trading is only allowed between challenge accounts and between instant accounts.

Expert Advisors (EAs)

• EAs are only available as an add-on.

• EAs are allowed, only works on MetaTrader 4 and MetaTrader 5.

• EA must be customized to suit your trading style.

• Identical trades across accounts are not allowed.

• Using an EA or trading bot to pass the Challenge Account and then switching to manual trading in the FundedNext Account (or vice versa) is not allowed.

• There is a maximum allocation limit of $300,000 for each EA or trading bot's strategy.

News Trading

• Allowed without restriction during evaluation stage
• Allowed with restriction on funded stage and instant accounts (Trades executed 5 minutes before and after a High Impact News event are subject to a 40% news profit split rule.)

Inactivity Rule

• Challenge Accounts on FundedNext expire after 60 days of inactivity. In order to keep the account active, traders must place a trade on the account within a consecutive 60 calendar days timeframe.

Drawdown Adjustment Rule for Instant accounts

• If your 6% trailing Max Drawdown resets to the initial balance after reaching a 6% or more profit, maintain a profit buffer to keep trading. Withdrawing all profits will result in account closure.

Maximum Risk at a Time | Funded Accounts Only

• Funded accounts are expected to follow a 3% risk-per-trade guideline, where risk is the maximum potential loss on a trade based on stop loss placement (no stop-loss within 3 minutes counts as 100% risk).
• Breaking the guideline leads to profit reductions (50% on first violation, 100% on second) and eventually placement into the Disciplined Trader Program on the third violation.

Key rules

• Margin requirements: Traders are required to maintain margin usage within the range of 20–30%, with a strict maximum cumulative limit of 70%.

• You must use the same trading strategy and method (manual or EA) during both the Challenge and Funded Account. Switching between them is not allowed.

• Utilizing specific asset classes, symbol categories, specific margin or risk usages to pass the evaluation phase and then switching to entirely different asset classes or symbol categories and significantly increasing the margin utilization or risk usages in the FundedNext Account, is prohibited.

• Account rolling is strictly prohibited, buying multiple evaluations to sacrifice some while passing others is considered a high-risk, luck-based tactic that violates FundedNext’s principles of skill and responsible trading. Violations may lead to restrictions on new purchases or lifetime allocation limits.

• One-sided Betting: One-Sided Betting is a gambling-like trading behavior where a trader takes concentrated directional exposure, opens multiple trades in the same direction, or enters reactive positions without sufficient consideration of market conditions, fundamental news, or technical analysis

• Grid Trading: Grid trading is a strategy where a trader places multiple buy and sell orders at different price levels above and below the current market price. The goal is to profit from price fluctuations as the market moves up and down, hitting various price points.

• Other prohibited trading strategies: https://help.fundednext.com/en/articles/8020351-what-are-the-restricted-prohibited-trading-strategies?q=risk

FundedNext - Stellar Challenge - 1-Step 15K

$120.89

$129.99

FundedNext - Stellar Challenge - 1-Step 6K

$61.37

$65.99

FundedNext - Stellar Challenge - 2-Steps 15K

$111.59

$119.99

FundedNext - Stellar Challenge - 2-Steps 100K

$1,022.99

$1,099.99

FundedNext - Stellar Challenge - 1-Step 25K

$204.59

$219.99

FundedNext - Stellar Challenge - 1-Step 50K

FundedNext - Stellar Challenge - 1-Step 100K

$530.09

$569.99

Stellar 1-Step

• Every 7 days

Stellar 2-Step

• First payout is 21 days, then 14 days.

Stellar Lite

• First payout is 21 days, then 14 days.

Stellar Instant

• On demand (available anytime if you hit 5% and above, you can request withdrawal immediately).

• Bi-Weekly (If your profit is less than 5%, you can only make a withdrawal after 14 14 days with a minimum of 1% profit).

Important Note: If payout is below $20, you can't withdraw.

Payout Limit for each Payout Method

USDT (TRC20)

• Lowest Payout Amount: $20
• Highest Payout Amount: $1,999

USDT (ERC20) and USDC (ERC20)

• Lowest Payout Amount: $50
• Highest Payout Amount: $1,999

RiseWorks

• Lowest Payout Amount: $50
• Highest Payout Amount: No Limits

Payout Limits for TC Pay

• Lowest Payout Amount: $20
• Highest Payout Amount: $5,000

Antigua and Barbuda

Bangladesh

Belarus

Belize

Bouvet Island

Burundi

Cape Verde

Chad

Comoros

Cook Islands

Eritrea

Fiji

Grenada

Malaysia

Myanmar (Burma)

North Korea

Sri Lanka

Syria

Tuvalu

Vietnam