FXCI
Use promo code "FUNDEDTRADING" and get 15% discount. Challenge cost $42, funding amount $5K!

FundedNext - how to use and start

Welcome to FundedNext, where your trading success is a priority. FundedNext offers opportunities for disciplined traders who value effective risk management and seek long-term consistency in their trading journey. With account sizes up to $200,000 and profit distributions up to 95%, we make significant returns possible.
Updated 27-07-2024
Pros
Exceptional Trustpilot Rating of 4.6/5
Diverse Range of Six Unique Funding Programs
Accessible and Affordable Stellar Lite Challenge Option with pay $32
Dedicated MT4 & MT5 FundedNext Server for Enhanced Trading
Professional and User-Friendly Trader Dashboard Interface
Wide Selection of Trading Instruments Including Forex Pairs, Commodities, Indices, and Cryptocurrencies
High Leverage of up to 1:100
Flexible Trading Periods with No Maximum Trading Days (Except for Evaluation Model)
Scalable Growth Opportunities with a Scaling Plan and Bi-weekly Payouts
Profit Share Ranging from 60% to 95%
Additional 15% Profit Split Available from Demo Phases
Permission for Overnight and Weekend Holding
News Trading Permitted Across Most Programs, Except Consistency Express Model
Availability of Swap-free Accounts and Absence of Commission Fees on Indices & Cryptocurrencies
Balance-based Drawdown Approach Enhances Risk Management
Cons
❌ Minimum Trading Day Requirements of 2 or 5 Days May Restrict Flexibility
❌ Evaluation Model Imposes Maximum Trading Period Limitations
❌ High 25% Profit Target with Consistency & Non-Consistency Express Model May Pose Challenges
❌ News Trading Prohibited in Consistency Express Model
❌ Consistency Rule in Consistency Express Model Introduces Additional Constraints
Pros
Exceptional Trustpilot Rating of 4.6/5
Diverse Range of Six Unique Funding Programs
Accessible and Affordable Stellar Lite Challenge Option with pay $32
Dedicated MT4 & MT5 FundedNext Server for Enhanced Trading
Professional and User-Friendly Trader Dashboard Interface
Wide Selection of Trading Instruments Including Forex Pairs, Commodities, Indices, and Cryptocurrencies
High Leverage of up to 1:100
Flexible Trading Periods with No Maximum Trading Days (Except for Evaluation Model)
Scalable Growth Opportunities with a Scaling Plan and Bi-weekly Payouts
Profit Share Ranging from 60% to 95%
Additional 15% Profit Split Available from Demo Phases
Permission for Overnight and Weekend Holding
News Trading Permitted Across Most Programs, Except Consistency Express Model
Availability of Swap-free Accounts and Absence of Commission Fees on Indices & Cryptocurrencies
Balance-based Drawdown Approach Enhances Risk Management
Cons
❌ Minimum Trading Day Requirements of 2 or 5 Days May Restrict Flexibility
❌ Evaluation Model Imposes Maximum Trading Period Limitations
❌ High 25% Profit Target with Consistency & Non-Consistency Express Model May Pose Challenges
❌ News Trading Prohibited in Consistency Express Model
❌ Consistency Rule in Consistency Express Model Introduces Additional Constraints

FundedNext brand story

FundedNext, incorporated as GrowthNext F.Z.C on March 18, 2022, is a forward-thinking proprietary trading firm based in Dubai, United Arab Emirates. Under the visionary leadership of CEO Abdullah Jayed, FundedNext has rapidly become a key player in the trading industry, offering substantial opportunities for traders to excel and grow.
FundedNext main site
Substantial Trading Capital: Traders can manage account sizes up to $300,000, providing significant leverage to amplify their trading strategies.
High Profit Splits: Successful traders enjoy up to 95% of the profits earned, which is among the highest in the industry.
Diverse Trading Instruments: FundedNext offers a broad spectrum of financial instruments, including forex pairs, commodities, indices, and cryptocurrencies, catering to a wide range of trading preferences and expertise.

Services for traders

FundedNext offers a dynamic platform supporting traders in over 195 countries, having distributed more than $95 million in rewards. With an average payout time of just 5 hours and over 97,000 traders funded, we ensure swift and significant support for your trading success.

We also offer a vast array of challenges with an incredibly low entry threshold starting at just $32, making it accessible for traders at all levels to start their journey with us. Join FundedNext and leverage our infrastructure to reach new heights in your trading career.

Trading programmes and services

FundedNext offers its traders unique funding programme options:

Evaluation Model Overview

Traders are able to manage accounts ranging in size from $6,000 to $200,000, with pricing parameters varying by account size and type.
While trading in phases 1 and 2 of the Challenge, traders must adhere to maximum loss limits. Upon successful completion of both phases, traders receive a funded account with no minimum withdrawal requirements. Profit sharing ranges from 80% to 90% depending on performance, with an additional 15% of the profits from each evaluation phase.
Additional options available to traders include increasing profit sharing for life, refunds and waiving the minimum number of trading days. FundedNext also offers a scaling plan that rewards consistent profitability by increasing account size and increasing profit share over time.
Evaluation Model Trading Rules & Objectives
Profit Target: Achieve designated profit percentages in each evaluation phase.
Max Daily Loss: Limit losses to 5% per trading day.
Max Loss: Avoid exceeding a 10% overall loss.
Minimum Trading Days: Engage in trading for at least 5 days per phase.
Maximum Trading Period: Complete evaluation phases within 4 weeks for phase one and 8 weeks for phase two.
News Trading is permitted, allowing traders to capitalise on market movements following major news events.
Weekend Holding is allowed, providing traders with the flexibility to hold positions over the weekend.
Expert Advisors are permitted, enabling traders to automate their trading strategies using algorithmic tools.
Trade Copiers are allowed, allowing traders to replicate the trades of other successful traders within FundedNext platform.

Express Model Overview

The Express Model at FundedNext caters to traders looking to manage account sizes ranging from $6,000 to $200,000. Its streamlined one-step evaluation process seeks disciplined traders capable of managing risk effectively. With leverage of up to 1:100, traders can navigate the market with confidence.
Consistency Rule – Traders must adhere to consistent trading practices, encompassing aspects such as position sizes, risk management, and trade outcomes. This ensures stability and uniformity in account performance, with key metrics including trading days, number of trades, and lot sizes serving as benchmarks.
In this model, traders should aim to achieve a 25% profit target while adhering to maximum daily and total loss limits of 5% and 10% respectively. Unlike the other models, there is no requirement for a maximum number of trading days in the evaluation phase. The consistency rule is crucial during this phase, promoting stable profit accumulation until the target is reached. However, a trader must accumulate a minimum of 10 trading days to move to a funded account. Traders receive a profit share of 15% of the profits made during the evaluation phase for each 4-week trading cycle until the 25% profit goal is reached.
Upon successful completion of the evaluation phase, traders receive a funded account with no minimum withdrawal requirements. Initial profit sharing starts at 60%, increases to 75% on the second withdrawal and reaches 90% thereafter.
Express Model Trading Rules & Objectives
Profit Target – Traders aim to meet a predefined profit percentage to complete evaluation phases, withdraw profits, or scale their trading accounts. The target profit for evaluation is 25%, while funded accounts have no set profit targets.
Max Daily Loss – Traders face a maximum loss limit per trading day, capped at 5% across all account sizes.
Max Loss – Traders also have a maximum overall loss limit of 10% regardless of account size.
Minimum Trading Days – Traders must trade for at least 10 days during the evaluation phase and in each monthly trading cycle.
Weekend Trading Restriction (Allowed on Non-Consistency account) – Holding trades over weekends is prohibited, ensuring trading discipline.
Expert Advisors and Trade Copiers – Traders can use Expert Advisors and Trade Copiers for automated trading strategies within FundedNext platform.
News Trading Prohibition – Trading during high-impact news releases is strictly prohibited to mitigate risks.

Stellar Model Overview

his Challenge has 2 options to choose from, The first type is a 1 step challenge.

The One-step Stellar Challenge offers traders the chance to manage account sizes from $6,000 to $200,000, aiming to identify disciplined and profitable traders over a single evaluation period, allowing leverage up to 1:30.

In the evaluation phase, traders aim for a 10% profit while adhering to 3% maximum daily and 6% maximum overall loss limits, with no specific trading day requirements but a minimum of two trading days.

Completion of the evaluation phase earns a funded account with no minimum withdrawal requirements, adhering to 3% maximum daily and 6% maximum overall loss rules, offering payouts every 5 days and profit splits of 90%.
The Two-step Stellar Challenge offers traders the chance to manage account sizes from $6,000 to $200,000, aiming to identify profitable and risk-efficient traders over a two-step evaluation period, allowing leverage up to 1:100.

In phase one, traders target an 8% profit without exceeding 5% maximum daily or 10% maximum overall loss, needing at least five trading days to progress to phase two.
Phase two maintains similar rules, with traders aiming for a 5% profit within five trading days to qualify for a funded account.

Completion of both phases earns a funded account with no minimum withdrawal requirements, adhering to 5% maximum daily and 10% maximum loss rules, offering payouts every 14 days and profit splits of 80% to 90%.
One-step Stellar Challenge Trading Rules & Objectives

Profit Target – The evaluation phase targets a 10% profit, with no set profit targets for funded accounts.
Max Daily Loss – All account sizes limit daily losses to 3%.
Max Loss – Overall losses are capped at 6% for all account sizes.
Minimum Trading Days – The evaluation phase requires at least two days of trading.
News Trading, Weekend Holding, Expert Advisors, and Trade Copiers are permitted, enhancing trading flexibility and strategy options.

Two-step Stellar Challenge Trading Rules & Objectives

Profit Target – Phase 1 aims for an 8% profit, while Phase 2 targets 5%, with no set profit targets for funded accounts.
Max Daily Loss – All account sizes limit daily losses to 5%.
Max Loss – Overall losses are capped at 10% for all account sizes.
Minimum Trading Days – Both phases require at least five days of trading.
News Trading, Weekend Holding, Expert Advisors, and Trade Copiers are permitted, enhancing trading flexibility and strategy options.

Stellar Lite Model Overview

The Stellar Lite Challenge offers traders the opportunity to manage account sizes from $5,000 to $50,000, aiming to identify talented and profitable traders over a two-step evaluation period, allowing leverage up to 1:100.

  • In phase one, traders target an 8% profit while adhering to 4% maximum daily and 8% maximum overall loss limits, with no specific trading day requirements but a minimum of five trading days.
  • Phase two requires a 4% profit target with the same loss limits and trading day requirements as phase one.
Completion of both phases earns a funded account with no minimum withdrawal requirements, adhering to 4% daily and 8% overall loss rules, offering monthly payouts and profit splits of 80% to 90%.
Stellar Lite Challenge : Rules & Objectives

  • Profit Target – Phase 1 targets an 8% profit, while Phase 2 aims for 4%, with no set profit targets for funded accounts.
  • Max Daily Loss – All account sizes limit daily losses to 4%.
  • Max Loss – Overall losses are capped at 8% for all account sizes.
  • Minimum Trading Days – Both phases require at least five days of trading.
  • News Trading, Weekend Holding, Expert Advisors, and Trade Copiers are permitted, enhancing trading flexibility and strategy options.

Unique features

A great advantage of FundedNext is the availability of a free demo account for 2 weeks. You are given an MT5 account for training and full freedom of action without risk!
FundedNext compare challenges
We try to do something special for traders, and today our offers are used in more than 195 countries around the world!

Profit Sharing During Challenge Phase: FundedNext stands out by offering 15% profit sharing from the profits made during the challenge phases, rewarding top traders and fulfilling our commitment to providing the best reward bonuses in the industry.
No Time Limit on Challenges: Traders at FundedNext can operate without the pressure of time constraints. This unique feature removes the anxiety of having to meet profit targets within a strict deadline, allowing for a more relaxed trading approach.
Balance-Based Drawdown: Our drawdown policy is based on your balance, providing greater flexibility and peace of mind. This approach allows traders to manage their positions without undue stress, reinforcing our reputation as one of the world’s most reliable trading firms.
Max daily drawdown. At FundedNext, the daily drawdown is determined according to your account balance. When a new trading day commences and trades are active, your balance at that moment is used to calculate the daily drawdown, ensuring reliability and consistency.

Reset Discount

If you break any rules, your account will be temporarily suspended. But you can get back in at a lower rate called the 'reset' fee, which lets you start over. This option is available for the Stellar 1-step and 2-step Challenge Phases, Evaluation Phase-1, and Express Challenge Phase. The reset fee is 90% of the original price for Evaluation and Stellar phases, and 80% for the Express Model. For example, if you have a $15,000 Evaluation Model account with an original price of $99 and you break the rules during Phase-1 trading, you can get back in by paying a reset fee of $89 at FundedNext.

How FundedNext works

FundedNext operates on a simple yet effective model designed to empower traders with the resources and support they need to succeed in the financial markets. Here's a brief overview of how it works:

Best Trading Conditions: Benefit from our cutting-edge trading servers, "GrowthNext" and "FundedNext," delivering lightning-fast execution, ultra-low spreads, and minimal commissions. We're committed to providing you with the best possible trading environment to maximise your potential.
Instant Account Access: Say goodbye to waiting times. With FundedNext, you gain immediate access to your trading account upon completing the signup process. Start trading without delay and seize opportunities as they arise.
Fastest Rewards: We prioritise your satisfaction by offering the quickest rewards in the industry. Choose from multiple payout options including Bank Transfer, Wise, Crypto, Perfect Money, and Rise, ensuring you receive your earnings promptly and hassle-free.
Reset Top up Option: Encounter a setback? No problem. FundedNext offers the flexibility to restart your trading journey. With our reset topup feature, you can replenish your trading balance at a discounted rate, ensuring you can get back on track without unnecessary delays.
Monthly Competitions: Ready to test your trading mettle? Participate in our monthly contests and stand a chance to win cash rewards and unlock free accounts. Embrace the challenge, showcase your skills, and emerge victorious in the dynamic world of trading.

Application Process

To unlock access to the wealth of information and resources available on the website, you'll need to sign up. Here's how:

Navigate to the company's website using our provided link.

Click on “Client area” and choose 'Register' option located in the top right-hand corner of the page.

Fill in your details as prompted.

FundedNext registration

Getting Started

To initiate your trading, follow these steps to select a challenge and begin:
  • 1
    Visit the 'Start Challenge' section and choose the programme and account size that suits you best.
  • 2
    Familiarise yourself with the specific guidelines and objectives of your selected challenge before making any purchases.
  • 3
    Proceed to the checkout page by clicking on the 'Buy Challenge' button within your chosen programme.
  • 4
    Select the required parameters, e.g. shuttle type, swap free type, etc.
  • 5
    Select your preferred trading platform from the options provided:
    • MetaTrader 4
    • MetaTrader 5
    • cTrader
  • 6
    Select a payment method on the next page and enter the payment details.
  • 7
    Within minutes, you'll receive your account credentials via a welcome email, granting you access to both the trading platform and the dashboard.
 FundedNext enter details of challenge
To pay for your account, yoг also can use these steps:

Step 1: Go to the 'Billing' section of your dashboard.

Step 2: Choose your preferred account model and click 'Enrol Now' to continue.

Step 3: You'll then see a variety of payment methods to choose from. Select the one that suits you best and complete the payment process.

Please note that before we issue any simulated savings account or simulated payout linked to the successful completion of our programmes, we require you to undergo identity verification and complete KYC/AML checks.

Pricing and financial liabilities

Prop company FundedNext offers its customers extensive options for Challenges with different payouts. Here everyone can find a suitable account with a comfortable payment. Get additional earnings without large investments!

Price overview

Choose a Challenge with a payment that is convenient for you:

Additional fees

FundedNext provides competitive commission rates within the prop trading sector. These rates offer traders the opportunity to enhance their profitability while maintaining transparent and fair trading expenses.
FundedNext commissions

Trading Platforms

Traders have access to MetaTrader 4, MetaTrader 5, and cTrader platforms at FundedNext. These platforms are supported by our MQ licences and cutting-edge in-house technology, ensuring secure and efficient trading operations.

Training and support

FundedNext prioritises the education and support of its community members through various channels. These include:
  • Live Chat: Instant assistance is available via live chat.
  • Email: Reach out to support@fundednext.com for any inquiries or assistance.
  • Phone: Call +35725255160 to speak directly with a representative.
  • Discord: Join FundedNext Discord server for community engagement and support.
  • Telegram: Connect with FundedNext on Telegram for updates and assistance.
  • FAQ: Access a comprehensive FAQ section for quick answers to common queries.

Additionally, FundedNext provides valuable educational resources through its detailed Blog, covering five essential categories:
  • 1
    Market Analysis: Stay informed with educational market recap articles.
  • 2
    Important Announcement: Get the latest company news and updates.
  • 3
    Forex Trading Guide: Access educational trading guides to enhance your skills.
  • 4
    Traders’ Tale: Learn from educational stories of traders worldwide.
  • 5
    Trades Update: Stay updated with the latest trade and holiday updates.
Moreover, FundedNext distinguishes itself by offering a free trial opportunity to traders globally. This allows traders to experience their trading conditions and test their strategies within a demo environment, fostering skill development and confidence.

Finally, all FundedNext clients gain access to a professionally designed trader dashboard. This tool enhances risk management by providing continuous access to comprehensive statistics and objectives, ensuring real-time updates.

Conclusion and recommendations

FundedNext stands out as a leading proprietary trading firm committed to empowering traders with robust training, support, and resources. By offering a diverse range of educational content, access to a demo environment, and a user-friendly trader dashboard, FundedNext equips traders with the tools and knowledge needed to succeed in the financial markets. We recommend utilising the various support channels and educational resources provided by FundedNext to maximise trading effectiveness and achieve your financial goals.

FAQ


Is FundedNext suitable for beginner traders?

FundedNext is aimed at traders of all backgrounds, including beginners. With comprehensive training materials, demo accounts and ongoing support, FundedNext offers beginner traders the ideal environment to learn and develop their trading skills.

Can you make money with FundedNext?

Yes, traders can earn with FundedNext. Proof of FundedNext payouts can be found on platforms such as Trustpilot, Discord, YouTube and Instagram, which showcase traders' experience and successful payouts.

How does the company provide a trading experience?

FundedNext provides a positive trading experience in a variety of ways. These include providing access to 4 account types with different options, allowing trading with advisors, weekends and news, high quality educational resources, an additional 15% profit margin, providing demo accounts for practice and efficient customer support.

Is FundedNext legitimate?

Yes, FundedNext is a legitimate trading company that is committed to empowering traders to succeed in the financial markets. With a focus on transparency, honesty and customer satisfaction, FundedNext has established itself as a trusted name in the industry.

What are the daily and total drawdown limits?

Depending on the task, the average daily drawdown limit is 5% of the opening balance and monthly drawdown limit is 10%. These limits help manage risk and protect traders' accounts during trading activity.

Can I lose money by trading with a proprietary firm?

Yes, there is a risk of losing your initial deposit if you violate the rules of the Challenge. However, FundedNext provides risk management tools, educational resources and support to help traders minimise losses and maximise profitability.

What happens if I break trading rules?

If you break trading rules, consequences may include account suspension or other penalties. However, FundedNext offers options to correct mistakes, such as rebalancing trades at reduced rates, allowing traders to continue their trading journey.
You are on the website of partner companies; When you click on the buttons, you will be redirected to the official website of the company and will be able to register. We are not a financial institution and do not conduct any transactions. Here you will only find information about Prop Trading Firms, information about trading tools and instructions on how to use them.
RISK WARNING
Trading in financial markets involves risk. Forex and other financial contracts are complex financial instruments used for margin trading. Trading carries a high level of risk as leverage can work in your favor or against you. As a result, trading is not suitable for all investors due to the high risk of losing the invested capital. You should not risk more than you are willing to lose. Before trading, you must make sure that you understand all the risks and take them into account in conjunction with your level of experience when setting your investment goals.