FundedNext is a UAE-based prop trading brand launched in 2022, offering multiple CFD evaluation and instant-funding pathways across forex, indices, crypto and commodities.
Broker:Institutional Liquidity Provider
Platform:
cTraderMatch TraderMT4MT5
Payment Methods:
Apple PayCDCredit/Debit CardCRCryptoGoogle PayPayPalSkrillTPTC PayUPUPI Payment
Other CommoditiesStellar 1-Step & Stellar 2 Step: 5$/Lot | Stellar lite & Stellar Instant: 7$/lot
Consistency Rules
None
Firm Rules
Copy trading: Copy Trading Is Only Allowed Between Challenge Accounts and Between Instant Accounts
EA'S: EAs are only available as an add on
EA is only permitted for accounts sizes under $50,000
EA's 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 Rules: 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, the maximum realized and unrealized (Floating) losses across all trades, calculated against the initial account balance.
Breaking the guideline leads to 100% deduction of profit from those violating trades, second violation leads to 100% deduction of the profit generated from the violating trades. The account is then permanently reclassified to the following adjusted parameter, effective at the end of the trading day on which the violation is identified: Allowable cumulative risk is reduced to 1% at a given time.
Key rules - Quick strike: The FundedNext Quick Strike Parameter is a rule targeting rapid-duration trades closed in under 30 seconds; it is violated when these positions account for 30% or more of your total profits, resulting in a progression freeze for Challenge accounts, or 100% profit forfeiture and potential account termination for Funded accounts.
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
Payout Policy
Stellar 1 Step: Every 7 days.
Stellar 2 Step: First payout is 21days, then 14days.
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 withdrawal after 14days with a minimum of 1% profit.
If payout is below 20$, you can't withdraw.
If payout is above 20$, you can withdraw through USDT(TRC20).
To Request payout through rise works, minimum payout is $50.
For Iranian users, the minimum payout of TC pay is 20$ and maximum is 50,000$
For Performance Rewards a processing fee of up to 3.5% applies.
Payout★★★★★
Support★★★★★
Rules★★★★★
Platform★★★★★
Restricted Countries
Antigua and BarbudaBangladeshBelarusBelizeBouvet IslandBurundiCape VerdeChadComorosCook IslandsEritreaFijiGrenadaMalaysia◎Myanmar (Burma)North KoreaSri LankaSyriaTuvaluVietnam
Profile data
Structured company facts are summarized from public sources and rewritten for PropFirmCheckup. Always confirm time-sensitive trading terms directly with the firm.
Dubai (UAE)
Antigua and Barbuda
Bangladesh
Belarus
Belize
Bouvet Island
Burundi
Cape Verde
Chad
Comoros
Cook Islands
Eritrea
Fiji
Grenada
MalaysiaMyanmar (Burma)
North Korea
Sri Lanka
Syria
Tuvalu
Vietnam