FXCI
Use promo code "FUNDEDTRADING" and get 15% discount. Challenge cost $42, funding amount $5K!
Next Step Funded - easy way to $200,000 funding account
Next Step Funded provides a structured and comprehensive trading platform for both veteran and rookie traders. With funded accounts ranging from $15,000 to $200,000 and access to over 500 trading instruments, the firm offers one of the largest selections in the prop trading space. Traders benefit from a flexible and supportive environment designed to help them achieve financial success.
Updated 27-07-2024
Advantages
- High Profit Potential: Keep up to 90% of profits.
- Wide Asset Offering: Access to over 500 trading products.
- Flexible Trading: Trade anytime and hold positions over the weekend.
- Zero Commissions: No commission fees on trades.
- Quick Payouts: 14-day or 7-day payout options.
- Unlimited Trading Days: No restrictions on trading days.
- News Trading Allowed: Trade during news events.
- Industry-Leading Platform: Powered by Eightcap with fast execution.
- Risk Management Tools: Daily drawdown limits and maximum loss limits.
- Community Support: Active Discord channel for market discussions and updates.
Disadvantages
- Strict Risk Management: Daily and overall drawdown limits can be restrictive.
- Initial Fee: Requires an upfront fee to participate in the funding challenge.
- Verification Process: Must pass a verification phase to access funded accounts.
Advantages
- High Profit Potential: Keep up to 90% of profits.
- Wide Asset Offering: Access to over 500 trading products.
- Flexible Trading: Trade anytime and hold positions over the weekend.
- Zero Commissions: No commission fees on trades.
- Quick Payouts: 14-day or 7-day payout options.
- Unlimited Trading Days: No restrictions on trading days.
- News Trading Allowed: Trade during news events.
- Industry-Leading Platform: Powered by Eightcap with fast execution.
- Risk Management Tools: Daily drawdown limits and maximum loss limits.
- Community Support: Active Discord channel for market discussions and updates.
Disadvantages
- Strict Risk Management: Daily and overall drawdown limits can be restrictive.
- Initial Fee: Requires an upfront fee to participate in the funding challenge.
- Verification Process: Must pass a verification phase to access funded accounts.
Brand Features
Next Step Funded is dedicated to providing traders with the resources, support, and capital necessary to succeed in the competitive FX market. The firm’s unique approach allows participants to pay once, pass the challenge, and get funded.
Key Features
Diverse Trading Instruments:Trade FX pairs, metals, oil, indices, and stock CFDs.
Advanced Trading Platforms:Utilise Eightcap’s intuitive and customisable Web Trader, desktop, and mobile apps.
Fast Execution:Hosted in Equinix data centres for optimal performance.
Educational Support:Access to mentorship, educational materials, and advanced trading tools.
Programs and prices
There are 4 programmes for you to choose from:
◉ Flash Evaluations
◉ Standard One-Step
◉ Standard Two-Step
◉ HFT One-Step Limited
◉ Flash Evaluations
◉ Standard One-Step
◉ Standard Two-Step
◉ HFT One-Step Limited
Flash Evaluations
Flash Evaluations is your gateway to the world of funded trading at an exceptional value. This programme eliminates high entry costs, providing a new era of accessible trading opportunities. With Flash, you can begin your funded trading journey with confidence and affordability.
How Does Flash Evaluations Work?
1
Affordable Access Secure your spot in the Flash Evaluations for just $14, a fraction of traditional costs.
2
Race Against Time Test your trading skills within a 24-hour window and prove your capabilities under pressure.
3
Unlock Your Potential Successfully complete the challenge to unlock your designated standard account size and step into the realm of funded trading.
◉ Consistency Rule: No
◉ Copy Trade: No, You are only allowed to pass one flash Eval at a time
◉ Hedge: No, You are only allowed to hedge in the account you cannot buy in one and sell on the other you will be breached.
◉ Copy Trade: No, You are only allowed to pass one flash Eval at a time
◉ Hedge: No, You are only allowed to hedge in the account you cannot buy in one and sell on the other you will be breached.
1-step Challenge
The One Step Challenge offers a funded trading opportunity with specific parameters designed to test and develop traders' skills. Traders are required to meet certain targets and limits within a set period to qualify for funding.
◉ Stop Loss/Take Profit (SL/TP) Required: No, traders are not required to use Stop Loss (SL) or Take Profit (TP) orders. This provides traders with flexibility in managing their positions and allows for more discretionary trading strategies.
◉ News Trading: News trading is allowed in the One Step Challenge. Traders can take positions based on market reactions to economic news releases and events. However, it is essential to exercise caution and implement effective risk management strategies when trading around news events, as market volatility and price movements can be unpredictable.
◉ News Trading: News trading is allowed in the One Step Challenge. Traders can take positions based on market reactions to economic news releases and events. However, it is essential to exercise caution and implement effective risk management strategies when trading around news events, as market volatility and price movements can be unpredictable.
2-Step Challenge
The Two Step Challenge is a multi-phase funded trading opportunity that allows traders to progress through two distinct phases to qualify for a funded account. It is designed to provide traders with a comprehensive evaluation of their trading skills and potential.
◉ HFT Allowed: No, high-frequency trading is not permitted, ensuring a level playing field.
◉ Lot Size Consistency Rule: No specific lot size consistency rule is enforced, providing traders with flexibility.
◉ Profit Cap: There is no profit cap, allowing traders to maximise their earnings potential.
◉ SL/TP Required: Stop Loss (SL) or Take Profit (TP) orders are not mandatory, giving traders more control over their positions.
◉ Lot Size Consistency Rule: No specific lot size consistency rule is enforced, providing traders with flexibility.
◉ Profit Cap: There is no profit cap, allowing traders to maximise their earnings potential.
◉ SL/TP Required: Stop Loss (SL) or Take Profit (TP) orders are not mandatory, giving traders more control over their positions.
◉ News Trading: Yes, traders can trade based on news events, but should exercise caution due to potential volatility.
◉ Weekend Trading: Yes, traders can trade on weekends, expanding trading opportunities beyond traditional market hours.
◉ Weekend Trading: Yes, traders can trade on weekends, expanding trading opportunities beyond traditional market hours.
HFT
Successful traders in the HFT Limited Edition Challenge will have the opportunity to manage significant $300K accounts.
- Exclusive Limited Offer:A rare opportunity that’s only available during the New Year.
- HFT-Friendly Challenge:Tailored for high-frequency trading, allowing you to pass with speed and precision.
General Trading Rules
- Risk Management Tools: Use of risk management tools is required.
- Automated Trading: Automated trading bots are supported.
- Third-party Bots: Third-party bots are allowed but should not replicate strategies of other members.
- Strategy Flexibility: Traders can trade news events and hold positions overnight or over weekends.
- Customization: Customizing EA configuration files is recommended to ensure unique trading strategies.
Next Step Funded is a robust platform that offers traders the flexibility and resources needed to achieve financial success while maintaining a disciplined and risk-managed approach to trading.