Propreviews – Fxproptech

fundednext

FundedNext Review

Pros

  • In Development for 2.5 Years Before Launching
  • Excellent Trustpilot rating of 4.5/5
  • Six Unique Funding Programs
  • Affordable Stellar Lite Challenge
  • Developed a Mainline MT4 & MT5 FundedNext Server
  • Professional Trader Dashboard
  • A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies)
  • Leverage up to 1:100
  • No Maximum Trading Period (Except the Evaluation Model)
  • Scaling Plan
  • Bi-weekly Payouts
  • Profit Share of 60% up to 95%
  • 15% Profit Split From Demo Phases
  • Overnight & Weekend Holding Allowed
  • News Trading Allowed (Except Consistency Express Model)
  • Swap-free Accounts
  • No Commission Fees on Indices & Cryptocurrencies
  • Balance-based Drawdown
  • Access to Trading Psychologists

Cons

  • Minimum Trading Day Requirements of 2 or 5 Days
  • Maximum Trading Period with Evaluation Model
  • First Payout After 30 Calendar Days on Evaluation Model
  • High 25% Profit Target with Consistency & Non-Consistency Express Model
  • No News Trading with Consistency Express Model
  • Consistency Rule for Consistency Express Model

FundedNext They promote the success of traders in their trading endeavors. They have clients who demonstrate discipline, effective risk management, and a commitment to long-term consistency in their trading careers. The traders can reach enormous profits. The account sizes are flexible up to $200,000, and profit splits as high as 95% can be achieved. This is possible through trading financial instruments like forex pairs, commodities, indices, and cryptocurrencies.

Who are FundedNext?

FundedNext is a company operating as a proprietary trading firm which was incorporated on the 18th of March, 2022 with the legal name GrowthNext F.Z.C located in Dubai, United Arab Emirates. It is now under the direction of CEO Abdullah Jayed. For the development of their FundedNext Server as their broker, traders can choose from six types of accounts and three two-step evaluations as well as three one-step evaluations offered by FundedNext.

The headquarters of FundedNext is placed at Office no. 7, AI Robotics HUB, C1 Building, AFZ, Ajman, United Arab Emirates.

Who is the CEO of FundedNext?

Abdullah Jayed is globally recognized as one of the most promising young entrepreneurs in the digital sector and the retail trading industry. This was at 2016 when he founded Jayed Corp on his quest towards providing opportunities for employment on a global basis, while also developing an easy way to live with simpler lives.

He is rather well known for establishing the following companies: Growth Alliance, MoneyBackFX, and eComChef, which are leaders in their respective markets within a short period of time. He also founded FundedNext – this is a multi-million dollar proprietary trading firm that immediately became an extremely attractive opportunity within the proprietary trading firm industry after experiencing significant success in the retail trading industry.

One of the assumptions Jayed has is that every young and enthusiastic person should chase their dreams in order to reach goals. This can be seen very clear in his FundedNext project, he motivates traders with solid trading strategy in testing their skills and upon hitting success in evaluation, they get funded. Traders then gain access to bigger sums of capital and profit-sharing based on percentages for their hard work and dedication.

You can follow anybody who is interested in following Abdullah Jayed on his Instagram and LinkedIn. With this, you can see more of his posts and what he’s up to on a daily basis.

Funding Program Options

FundedNext provides its traders with six unique funding program options:

  • Two-step Stellar Challenge
  • One-step Stellar Challenge
  • Stellar Lite Challenge
  • Evaluation Model
  • Consistency Express Model
  • Non-Consistency Express Model

Two-step Stellar Challenge

FundedNext offers the Two-step Stellar Challenge, allowing traders to manage account sizes from $6,000 all the way up to $200,000. This challenge will identify those very potent sources of profit throughout the two-step examination process. You could trade with up to 1:100 leverage.

Account SizePrice (Standard)Price (Swap-free)
$6,000$59$65
$15,000$119$131
$25,000$199$219
$50,000$299$329
$100,000$519$571
$200,000$999$1,099

In the first evaluation phase, there is a requirement to achieve a profit of 8% without allowing the loss of even 5% on any given day or exceeding the 10% maximum loss rule. Concerning time restrictions, do not forget that you do not have a limit as regards to the number of trading days in phase one; however, you are expected to execute at least five trading days before a transition to phase two can be affected.

Phase two evaluation requires a trader to achieve profit of 5% without exceeding his 5% maximum daily loss rule or his 10% maximum loss rule. Time constraints The constraint related to time is that you do not have maximum trading day requirements in phase two. But to be eligible for a funded account, you are expected to make at least five trading days.

You receive a funded account with zero minimum withdrawal requirements if you complete both stages of evaluation. You just need to maintain the rules that state 5% maximum daily loss and 10% maximum loss. The first withdrawal is after 14 calendar days from when you place the very first position on your funded account, whereas any other withdrawals also have the opportunity to be placed biweekly. Profit Split: On the profit you make on the funded account, you will receive a 80% to 90% profit split. In addition, once you have earned a 5% return on your funded account, a 15% profit share will also be applied on the profit you make in each evaluation phase.

Add-ons for FundedNext’s Two-step Stellar Challenge

1. 95% Lifetime Profit Split
2. 150% Refund
3. No Minimum Trading Days

Two-step Stellar Challenge Scaling Plan

The Two-step Stellar Challenge also has a scaling plan. In case you are profit-making for at least two out of the last four months with either an average return of 10% over the three-month period or a 2.5% return each month during the four-month period, you will become eligible for an account size increase that is equal to 40% of the initial account size. The profit split grows to 90% as the trader increases their Two-step Stellar Challenge for the first time.

Example:

After 4 Months: a qualified account at $100,000 grows to $140,000.
After the Next 4 Months: a qualified account at $140,000 grows to $180,000.
After the Next 4 Months: a qualified account at $180,000 grows to $220,000
And so on…

Two-step Stellar Challenge Trading Rules & Objectives

Profit Target – To end an evaluation phase, withdraw profit, or increase the size of a trading account, traders must earn a targeted percentage level of profit. Phase 1 has a profit target set at 8%, while Phase 2 has a profit target of 5%. There are no profit targets for funded accounts.

Maximum Daily Loss – The maximum loss limit of a trader to be incurred in a single trading day without breaching the account. All account sizes come with a maximum daily loss of 5%.

Maximum Loss – The maximum loss limit of a trader to be incurred overall without breaching the account. All account sizes come with a maximum loss of 10%.

Minimum Trading Days – The minimum number of days that you are required to trade before you can close an evaluation phase successfully. Both evaluation phases have a minimum trading day requirement of 5 days.

One-step Stellar Challenge

FundedNext’s A one-step Stellar Challenge by the funded trading company Next offers the possibility to manage account sizes from $6,000 up to $200,000. Trades are hunted for who can be considered disciplined and profitable throughout a one-step evaluation period. There is the possibility to trade with leverage up to 1:30 in the One-step Stellar Challenge.

Account SizePrice (Standard)Price (Swap-free)
$6,000$59$65
$15,000$119$131
$25,000$199$219
$50,000$299$329
$100,000$519$571
$200,000$999$1,099

During the evaluation stage, an individual trader should achieve a profit of 10% and not exceed their maximum daily loss of 3% or their 6% maximum loss rule. Regarding time constraints, be aware that you are not bound by any maximum number of trading days for during the evaluation stage. You should, however, have traded at least two trading days to qualify for a funded account.

After the completion of the evaluation phase, you are rewarded with a funded account that is free from any restrictions in terms of withdrawal. You should only adhere to the conditions of 3% maximum daily loss and 6% maximum loss. Your first payout is 5 calendar days from the day you place your first position on your funded account and all of the following payouts will be based on 5 days. Under the profit split with your funded account, you will receive 90% of the profit that you make there. Additionally, you shall receive a further 15% profit share, this being based on the profit you shall have made during the evaluation phase once you attain a 5% return on your funded account.

Add-ons for FundedNext’s One-step Stellar Challenge

1. 95% Lifetime Profit Split
2. Weekly Payouts
3. 150% Refund
4. No Minimum Trading Days

One-step Stellar Challenge Scaling Plan

The One-step Stellar Challenge also has a scaling plan. If a trader is profitable for at least two out of the last four months with either an average return of 10% over the three-month period or a 2.5% return each month during the four-month period, you will be eligible to receive an account size increase equal to 40% of your starting account size. The profit split increases to 90% after the trader scales their One-step Stellar Challenge for the first time.

For instance:

After 4 Months: A qualified $100,000 account will grow to $140,000.
After the Next 4 Months: A qualified $140,000 account will grow to $180,000.
After the Next 4 Months: A qualified $180,000 account will grow to $220,000.
And so on…

One-step Stellar Challenge Trading Rules & Objectives

Profit Target – Traders have to realize a predetermined percentage of profit in order to end an evaluation phase, withdraw the profit won, or increase the size of their trading account. The profit target for the evaluation phase is 10%. Funded accounts have no set profit targets.

Maximum Daily Loss – Maximum loss a trader is permitted to lose in one trading day without exceeding the account. All account sizes have a maximum daily loss of 3%.

Maximum Loss – Maximum loss a trader is permitted to lose entirely without breaching the account. All account sizes have a maximum loss of 6%.

Minimum Trading Days- The minimum period you are expected to trade for before concluding an evaluation phase successfully. The evaluation stage requires at least 2 trading days.

Stellar Lite Challenge

FundedNext’s Stellar Lite Challenge allows traders to trade account sizes ranging from $5,000 up to $100,000. The goal is to identify skilled, profitable, and risk-efficient traders during the two-step evaluation process. For trading, you have a leverage of up to 1:100 with the Stellar Lite Challenge.

Account SizePrice (Standard)Price (Swap-free)
$5,000$32$35
$10,000$59$65
$25,000$139$153
$50,000$229$252
$100,000$399$439

Evaluation phase one requires that you make enough money to acquire an 8% profit target without crossing your limit of 4% daily maximum loss or an 8% maximum loss rule. With regard to time constraints, note that in phase one, you are not limited with any maximum trading day requirements; however, you should trade for five trading days at least to move forward to phase two.

Evaluation phase two requires a trader to achieve a profit target of 4% without exceeding their 4% maximum daily loss or 8% maximum loss rules. As for time limitations, you have no maximum trading day requirements during phase two. However, you are required to trade at least five trading days to be able to advance to a funded account.

By completing both the evaluation phases, you get a funded account with no minimum withdrawals. All that you have to do is respect the 4% maximum daily loss and 8% maximum loss rules. First payout occurs 30 calendar days from the date of placing the very first position on your funded account, and all other withdrawals can also be submitted monthly. Your profit split will be based on the profit you make on your funded account, 80%-90%. In addition, you will also receive 15% profit share based on the profit you make in each evaluation phase after you make a return of 5% on your funded account.


Add-ons for FundedNext’s Stellar Lite Challenge

1. 95% Lifetime Profit Split
2. No Minimum Trading Days
3. Bi-weekly Payouts
4. Increase Drawdown Limit by 2%

Stellar Lite Challenge Scaling Plan

The Stellar Lite Challenge also has a scaling plan. If you are a profitable trader for at least two out of the last four months with either an average return of 10% over the three-month period or a 2.5% return each month during the four-month period, then you will qualify for an account size increase equal to 40% of the initial account size. The profit split rises to 90% after the trader scales their Stellar Lite Challenge for the first time.

Example:

After 4 Months: A qualified $100,000 account rises to $140,000.
After the Next 4 Months: A qualified $140,000 account rises to $180,000.
After the Next 4 Months: A qualified $180,000 account rises to $220,000.
And so on….

Stellar Lite Challenge Trading Rules & Objectives

Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 requires reaching a profit target of 4%. Funded accounts do not have any specified profit targets.

Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 4%.

Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 8%.

Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. Both evaluation phases have a minimum trading day requirement of 5 days.

Evaluation Model

FundedNext’s Evaluation Model offers an opportunity to work with account sizes from $6,000 up to $200,000. The purpose is to find talented traders who are able to generate profits and manage risk proficiently during the two-step evaluation period. The Evaluation Model lets you trade using a leverage of up to 1:100.

Account SizePrice (Standard)Price (Swap-free)
$6,000$49$54
$15,000$99$109
$25,000$199$219
$50,000$329$329
$100,000$549$604
$200,000$999$1,099

In the evaluation phase one, a trader is expected to achieve a profit target of 10% without exceeding his or her 5% maximum daily loss or maximum loss rules. Now, in terms of time, note that you have 4 weeks to achieve the profit target for the first phase. Also, you are obligated to trade for a minimum of 5 calendar days before moving to the second phase.

In the second phase of evaluation, you need to achieve a profit of 5% without losing more than your 5% maximum loss or 10% maximum loss. Regarding time limits, you will be given 8 weeks to achieve the profit target in this phase. Additionally, you will need to trade for at least 5 calendar days to advance to a funded account.

For passing both evaluation stages, you get a funded account with no minimum withdrawal requirement. All you will be expected to do is respect the 5% maximum daily loss and 10% maximum loss. This means your first payout is 14 calendar days from when you opened your first position on the funded account, and you can submit all other withdrawals bi-weekly. The profit split is based on your own profit in your funded account, earning you 80-90%. In addition, you will earn another 15% profit share based on your profit whenever you return 5% in each evaluation phase on your funded account.

Add-ons for FundedNext’s Evaluation Model

1. 95% Lifetime Profit Split
2. 150% Refund
3. No Minimum Trading Days

Evaluation Model Scaling Plan

The Scaling Plan of the Evaluation Model. If a trader is profitable for at least two out of the last four months with either an average return of 10% over the three-month period or a 2.5% return each month during the four-month period, then you will become eligible for an account size increase equal to 40% of the initial account size. A 90% profit split is reached when the trader doubles their Evaluation Model for the first time.

Example:

After 4 Months: Account valued at $100,000 qualified; account grows to $140,000.
After the Next 4 Months: Account valued at $140,000 qualified; account grows to $180,000.
After the Next 4 Months: Account valued at $180,000 qualified; account grows to $220,000.
And so on…



Evaluation Model Trading Rules & Objectives

Profit Target – Traders must meet a targeted profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 10%, whereas Phase 2 requires a profit target of 5%. Funded accounts do not have any set profit targets.

Maximum Daily Loss – The maximum loss size a trader is permitted to lose on any given trading day without violating the account. All account sizes have a maximum loss size of 5%.

Maximum Loss – The maximum amount of loss a trader is allowed to incur through the entire account without violating the account. All accounts incur a maximum loss of 10%.

Minimum Trading Days – The minimum period in which you have to trade before you are considered to have successfully completed an evaluation period. Both evaluation periods have a minimum trading day requirement of 5 days.

Maximum Trading Period – The length of time that is available to trade during which you must reach your required profit target and end the evaluation phase. The maximum trading period for the evaluation phase one is 4 weeks, and it is 8 weeks for phase two.

Consistency Express Model

FundedNext’s Consistency Express Model offers the possibility to manage account sizes between $6,000 and $200,000. The point is to identify traders who show discipline and earn profits, therefore being efficient in managing the risk throughout one-step evaluation. The trading with a leverage up to 1:100 is accessible with the Consistency Express Model.

Account SizePrice (Standard)Price (Swap-free)
$6,000$49$54
$15,000$99$109
$25,000$199$50,000
$50,000$299$329
$100,000$549$604
$200,000$999$1,099

In the evaluation phase, a trader is expected to hit a profit target of 25% without breaching the rules on a 5% maximum loss per day, or 10% maximum loss on a trading day. On time limits, you do not have a maximum trading day requirement in the evaluation phase; however, you need to have a minimum of 10 trading days for you to access a funded account. During the evaluation phase, it is essential to respect the consistency rule, which helps refine your trading habits and ensures consistent profit accumulation until you achieve your target. Keep in mind that you will receive a 15% profit share, calculated based on the profits generated during the evaluation phase within every 4-week trading cycle until you attain the specified 25% profit target.

By finishing the evaluation phase, you get funded with an account that doesn’t tie up your deposits with minimum withdrawal requirements. You only need to be mindful of not losing more than a 5% daily loss and 10% maximum loss. Do note that even after being funded, adhering to the consistency rule will always be required. Furthermore, you are required to trade for at least 10 days during each trading cycle of the month. The first share is 60%, which is calculated based on the profit created. For the second withdrawal, the share is 75%, and for the third withdrawal and ensuing ones, it reaches a final point of 90%.


Add-ons for FundedNext’s Consistency Express Model

1. 95% Lifetime Profit Split
2. 150% Refund

Consistency Express Model Scaling Plan

The Consistency Express Model also has a scaling plan. If you are profitable at least two out of the last four months with either an average return of 10% over the three month period or a 2.5% return each month during the four month period, then you will qualify for an account size increase equal to 40% of the original account size.


Illustration:

After 4 Months: A qualified $100,000 account grows to $140,000.
After the Next 4 Months: A qualified $140,000 account grows to $180,000.
After the Next 4 Months: A qualified $180,000 account grows to $220,000.
And so forth…


Consistency Express Model Trading Rules & Objectives

Profit Target – Traders need to achieve a stipulated profit percentage to successfully conclude an evaluation phase, withdraw the profits, or scale up their trading account. The profit target for the evaluation is 25%. There are no stipulated targets for any profit for funded accounts.

Maximum Daily Loss: The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All accounts sizes have the maximum daily loss at 5%.

Maximum Loss: This is the overall loss limit for a trader that is allowed before breaching the account. All account sizes have the total loss at 10%.

Minimum Trading Days: Minimum period of time by which you must execute trades before succeeding in completing an evaluation phase. The evaluation phase has a minimum trading day requirement of 10 days. Also, you wo

No Weekend Holding – Traders are not allowed to hold trades during the weekend, so all the trades should be closed before the Friday market close.

No News Trading – Traders are not allowed to trade when high-impact news is to be released.

Consistency Rule – Requires traders to be consistent in numerous factors like lot sizes, risk management, losses, and gains, among others. Therefore, the account results should not show drastic changes in their identity. Three critical objectives being utilized are the number of trading days, the number of trades, and lot sizes.

Non-Consistency Express Model

FundedNext’s Non-Consistency Express Model allows the trader to manage any account size from $6,000 up to $100,000. The goal is the ability to identify a disciplined trader that is profitable and can handle risk exposure well over a one-step review period. Under the Non-Consistency Express Model, you can leverage your trading activities up to 1:100.

Account SizePrice (Standard)Price (Swap-free)
$6,000$59$65
$15,000$119$131
$25,000$229$252
$50,000$379$417
$100,000$699$769

The evaluation phase demands that a trader meet a 25% profit target without exceeding their 5% daily limit or 10% loss limit. Time limits are also considered, but you do not have any maximum day requirements during the evaluation phase. You need to have at least traded for 10 consecutive trading days to be eligible for a funded account. You’ll keep in mind that you’ll get a 15% share of the profit, calculated on the net profit realized in the evaluation period, at the end of each 4-week trading cycle until you hit the 25% profit target.

By completing the evaluation phase, you are funded with no minimum withdrawal requirements, and you must respect just the 5% maximum daily loss and 10% maximum loss rules. Additionally, you need to trade for at least 10 days within each trading month cycle. The first profit split stands at 60%, which depends on the profits generated. For the second withdrawal, the profit split shoots to 75%, and for the third and subsequent withdrawal, the profit split is raised to a final 90%.


Add-ons for FundedNext’s Non-Consistency Express Model

1. 95% Lifetime Profit Split
2. 150% Refund

Non-Consistency Express Model Scaling Plan

The Non-Consistency Express Model also has a scaling plan. When at least two of the last four months of consecutive profitability have either an average return of 10% over the period of three months or a 2.5% return each month over four months, you will become eligible for an account size increase equal to 40% of the initial account size.

Example:

After 4 Months: An eligible $100,000 account grows to $140,000.
After the Next 4 Months: An eligible $140,000 account grows to $180,000.
After the Next 4 Months: An eligible $180,000 account grows to $220,000.
And so on…

Non-Consistency Express Model Trading Rules & Objectives

Profit Target – Traders must hit a set profit percentage to close an evaluation stage, withdraw their profits, or upgrade their trading account. Profit targets for the evaluation phase are 25%. Funded accounts do not have any definite profit targets.

Maximum Daily Loss – The maximum loss allowed to lose in a given trading day without account breach. All account sizes have a maximum daily loss of 5%.

Maximum Loss – The maximum loss allowed to lose overall before the account breaches. Maximum loss for all account sizes stands at 10%.

Minimum Trading Days – The minimum period for which you are required to trade before a successful evaluation period. The evaluation period has a minimum trading day of 10 days. You are also obligated to have a minimum of 10 days of trading in each calendar month of the trading cycle.

No News Trading – Traders are not allowed to trade when high-impact news items are released.

Consistency Rule – Traders are required to be consistent with all factors, including position sizes, risk management, losses, gains, etc. It means that the account results should not present any significant variations regarding their nature. The three main objectives being used are the number of trading days, the number of trades, and lot sizes.

What Makes FundedNext Different From Other Prop Firms?

FundedNext This makes it different from most prop firms leading in the industry as they offer six different types of accounts: three two-step evaluations and three one-step evaluations. They also offer numerous favorable features, such as add-ons for certain Challenge accounts, an unlimited trading period except for the Evaluation Model, bi-weekly withdrawals, 15% profit share from demo phases, and is an affordable option (Stellar Lite Challenge).

FundedNext  Two-step Stellar Challenge is a two phased evaluation in which a trader must successfully pass both phases to qualify for the payouts, with the profit target of phase one being 8% and 5% for phase two. Additionally, during both the phases of evaluation, you are under rules of a 5% maximum daily and 10% maximum loss, and you will have no rules on a maximum trading day. In contrast, you have to trade for at least 5 calendar days in every evaluation period. The Two-step Stellar Challenge is also unique, as its scaling plan enables the traders to be able to handle any account size. Among all the funding programs the industry offers, the Two-step Stellar Challenge is outstanding for having unlimited trading periods, a 95% lifetime profit split add-on, bi-weekly withdraw, and 15% in profit share from demo phases.

Example of comparison between FundedNext & Fintokei

Trading ObjectivesFundedNextFintokei
Phase 1 Profit Target8%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss10%10%
Minimum Trading Days5 Calendar Days3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%80% up to 95%

Example of comparison between FundedNext & Blue Guardian

Trading ObjectivesFundedNextBlue Guardian (Elite)
Phase 1 Profit Target8%10%
Phase 2 Profit Target5%4%
Maximum Daily Loss5%4%
Maximum Loss10%10%
Minimum Trading Days5 Calendar Days3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%85%

Example of comparison between FundedNext & Alpha Capital Group

Trading ObjectivesFundedNextAlpha Capital Group
Phase 1 Profit Target8%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss10%10%
Minimum Trading Days5 Calendar Days3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%80%

FundedNext’s One-step Stellar Challenge is a one-step evaluation where you have to successfully complete the phase before you can get into payouts. The profit target stands at 10% with a maximum of 3% daily loss and 6% maximum loss. You are also not subject to having any maximum trading days during the evaluation phase, but you must trade for a minimum of 2 calendar days during the evaluation phase. Note that this One-Step Stellar Challenge also has a special plan of scaling, thus it is possible to handle even more enormous account sizes, thus comparing it with other programs for funding that exist in the market, this One-step Stellar Challenge stands out mainly because of its unlimited trading period, 95% lifetime profit split and weekly payout add-ons, and also a 15% profit share from demo phases.

Example of comparison between FundedNext & FXIFY

Trading ObjectivesFundedNextFXIFY
Profit Target10%10%
Maximum Daily Loss3%3%
Maximum Loss6%Minimum Trading Days
Minimum Trading Days2 Calendar Days2 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split90% up to 95%80% up to 90%

Example of comparison between FundedNext & PipFarm

Trading ObjectivesFundedNextPipFarm (Static)
Profit Target10%12%
Maximum Daily Loss3%3%
Maximum Loss6%6%
Minimum Trading Days2 Calendar Days3 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split90% up to 95%70% up to 95%

Example of comparison between FundedNext & MyFundedFX

Trading ObjectivesFundedNextMyFundedFX
Profit Target10%12%
Maximum Daily Loss3%4% (Scaleable up to 6%)
Maximum Loss6%6% (Trailing)(Scaleable up to 12%)
Minimum Trading Days2 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split90% up to 95%80% up to 92.75%

FundedNext’s Stellar Lite Challenge is a two-step evaluation in which traders need to pass two phases before they can qualify for payouts. The profit target is 8% in phase one and 4% in phase two, and the 4% maximum daily and 8% maximum loss rules are applied. No maximum trading day rules apply to you, neither in the first nor in the second evaluation phase. However, you will be obliged to trade for at least 5 calendar days in any evaluation period. The Stellar Lite Challenge also has its own unique scaling plan and this means that you can handle even bigger account sizes. Compared to other funding programs within the industry, the Stellar Lite Challenge stands out mainly for having an unlimited trading period, 95 percent lifetime profit split add-on, bi-weekly withdrawals, 15 percent profit share from demo phases, and is deemed an affordable option.

Example of comparison between FundedNext & TopTier Trader

Trading ObjectivesFundedNextTopTier Trader
Phase 1 Profit Target8%10%
Phase 2 Profit Target4%5%
Maximum Daily Loss4%5%
Maximum Loss8%10%
Minimum Trading Days5 Calendar Days4 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%80% up to 90%

Example of comparison between FundedNext & Funded Trading Plus

Trading ObjectivesFundedNextFunded Trading Plus (Premium)
Phase 1 Profit Target8%8%
Phase 2 Profit Target4%5%
Maximum Daily Loss4%4%
Maximum Loss8%8% (Trailing)
Minimum Trading Days5 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%80% up to 100%

Example of comparison between FundedNext & Smart Prop Trader

Trading ObjectivesFundedNextSmart Prop Trader (Standard)
Phase 1 Profit Target8%7%
Phase 2 Profit Target4%5%
Maximum Daily Loss4%4%
Maximum Loss8%8% (Scaleable up to 28%)
Minimum Trading Days5 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%75% up to 95%

FundedNext’s Evaluation Model It is a two-step evaluation, where the trader must successfully complete two phases to qualify for compensation. Here, profit target is 10% for the first phase and 5% for the second one. The concept includes two rules: a maximum of 5% daily and a maximum loss of 10%. You would also be subjected to a 5 minimum day trading requirement during both phases of evaluation in addition to the maximum trading period of 4 weeks during phase one and 8 weeks during phase two. The Evaluation Model has an exclusive scaling plan that allows traders to manage even the largest account sizes. Compared to other funding programs within the industry, the Evaluation Model stands out mainly for having a 95% lifetime profit split add-on, bi-weekly withdrawals, and a 15% profit share from demo phases.

Example of comparison between FundedNext & Funding Pips

Trading ObjectivesFundedNextFunding Pips
Phase 1 Profit Target10%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5% (Scaleable up to 7%)
Maximum Loss10%10% (Scaleable up to 14%)
Minimum Trading Days5 Calendar Days3 Calendar Days
Maximum Trading PeriodPhase 1: 4 Weeks
Phase 2: 8 Weeks
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%60% up to 100% + Monthly Salary

Example of comparison between FundedNext & E8 Markets

Trading ObjectivesFundedNextE8 Markets
Phase 1 Profit Target10%8%
Phase 2 Profit Target5%4%
Maximum Daily Loss5%4%
Maximum Loss10%8% (Scaleable up to 14%)
Minimum Trading Days5 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: 4 Weeks
Phase 2: 8 Weeks
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%80%

Example of comparison between FundedNext & The5ers

Trading ObjectivesFundedNextE8 Markets
Phase 1 Profit Target10%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss10%10%
Minimum Trading Days5 Calendar Days3 Calendar Days
Maximum Trading PeriodPhase 1: 4 Weeks
Phase 2: 8 Weeks
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%80% up to 100% + Monthly Salary

Express models under Consistency and Non-Consistency require traders to effectively pass through one phase before receiving payouts. Here, a 25% profit target with a 5% maximum daily and 10% maximum loss rules apply. Besides, you do not have a maximum trading day rule during the evaluation phase. However, there is a minimum trading day requirement of 10 calendar days during the evaluation phase. The key difference between the two is that the Consistency Express Model requires a trader to be consistent with the rule of consistency, and holding the trades over the weekend is forbidden, whereas the Non-Consistency Express Model has no consistency requirements whatsoever and holding the trades over the weekend is allowed. Noting that the Consistency and Non-Consistency Express Models also have a different scaling plan by which traders can better manage some rather enormous account sizes. Compared to other funding programs available within the industry, both Consistency and Non-Consistency Express Models can be differentiated based mainly on unlimited trading periods, 95% lifetime profit-split add-on, and a 15% profit-sharing from demo phases.

Example: Comparison between FundedNext & Funded Trading Plus

Trading ObjectivesFundedNextFunded Trading Plus
Profit Target25%10%
Maximum Daily Loss5%4%
Maximum Loss10%6% (Trailing)
Minimum Trading Days10 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split60% up to 95%80% up to 100%

Example of comparison between FundedNext & Goat Funded Trader

Trading ObjectivesFundedNextGoat Funded Trader
Profit Target25%10%
Maximum Daily Loss5%4%
Maximum Loss10%6%
Minimum Trading Days10 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split60% up to 95%75% up to 95%

Example of comparison between FundedNext & Blue Guardian

Trading ObjectivesFundedNextBlue Guardian
Profit Target25%10%
Maximum Daily Loss5%4%
Maximum Loss10%6% (Trailing)
Minimum Trading Days10 Calendar Days3 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split60% up to 95%85%

Overall, FundedNext is unique, as other industry-leading prop firms only offer six different types of accounts: three two-step assessments and three one-step assessments. They offer many great additional benefits, including Challenge account add-ons, an unlimited trading period–except for Evaluation Model–withdrawals are made every other week, they share 15% profit from demo phases, and they are an inexpensive program (Stellar Lite Challenge).

Is Getting FundedNext Capital Realistic?

When trading with proprietary trading firms, it is also important to assess the feasibility of the trading requirements based on your style of forex trading. For instance, although a company may look attractive with a high percentage profit sharing rate on a very well-funded account, practicality diminishes when they require huge monthly gains with minimum maximum drawdown percentages that greatly reduce the odds of success.

Secondly, there are time constraints that must be studied; a non-time-limit trading period is more favorable as it does not bring along the strain associated with time constraints. Lastly, when evaluating and later funding an account, all trading rules should be familiarized with in order to avoid accidentally violating the terms of your trading account.

Receiving capital from the Two-step Stellar Challenge is feasible primarily because of below-average profit targets at 8% in phase one and 5% in phase two, with average maximum loss rules at 5% maximum daily and 10% maximum loss. A point of caution here is that there are no maximum trading day requirements, but having a minimum trading day requirement of 5 calendar days does exist. One more interesting incentive: After successfully passing both assessment stages, participants are eligible for payouts with an interesting profit-sharing ratio of 80% up to 95%.

It is quite achievable to receive funds from the One-step Stellar Challenge because its average profit target stands at 10% and average maximum loss rules of 3% daily maximum and 6% maximum loss. Note also that there is no minimum trading day requirement but a minimum of 2 calendar days. And in case the participant successfully completes the evaluation phase, they are qualified for payouts with an advantageous profit split ranging between 90% and 95%.

Receiving capital from the Stellar Lite Challenge is realistic primarily due to its below-average profit targets (8% in phase one and 4% in phase two) coupled with slightly below-average maximum loss rules (4% maximum daily and 8% maximum loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 5 calendar days. In addition to that, after both evaluation phases are completed successfully, individuals are eligible to receive payments with favorable profit sharing percentages of 80% to 95%.

Capital acquisition through the Evaluation Model is entirely achievable given the moderate profit objectives at both phases-one at 10% and phase two at 5%-and average maximum loss limits at 5% and 10%, respectively. There is an important point to note that a trading period of up to 4 weeks is possible in phase one and up to 8 weeks is allowed in phase two, and with a minimum trading requirement of 5 calendar days. In addition, upon successfully completing both evaluation phases, one qualifies for payouts featuring very advantageous profit splits of 80% to 95%.

Receiving capital from the Consistency Express Model is realistic primarily due to its slightly above-average profit target of 25% combined with average maximum loss rules (5% maximum daily and 10% maximum loss). While there are no maximum trading day requirements, one must have a minimum trading day requirement of 10 calendar days, a consistency rule, and be forbidden from weekend holding. More importantly, upon the end of the evaluation phase, a participant is eligible for payouts that offer a favorable profit-sharing ratio ranging from 60% up to 95%.

Receiving capital from the Non-Consistency Express Model is feasible primarily due to its profit target being slightly above average at 25% and the average maximum loss rules, 5% maximum daily and 10% maximum loss. It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 10 calendar days. Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 60% up to 95%.

After weighing everything, FundedNext is highly recommended since you have six unique funding programs to choose from, three two-step evaluations and three one-step evaluations that all feature realistic trading objectives and conditions to qualify for payouts.

Payment Proof

FundedNext is a proprietary trading firm that was established on the 18th of March, 2022. They have a big community of traders who have achieved funded status and qualify successfully for a profit split.

When trading with FundedNext and achieving funded status from Two-step Stellar Challenge, Evaluation Model, Consistency Express Model, or Non-Consistency Express Model, you may be entitled to receive your first payout after 14 calendar days. However, after your very first payout, you will also be eligible for earning payouts if you end up exceeding the initial account size every 14 calendar days. Your profit split will comprise a pretty generous 80% up to 95% based on the profit that you have generated on your funded account.

However, during the time you are working with FundedNext to achieve funded status with the One-step Stellar Challenge, you are eligible to take your first payout after 5 calendar days. For your first payout thereafter, you are eligible to take payouts for every additional 5 calendar days that you have exceeded your initial account size. Your profit split will be a very generous 90% up to 95% of the profit which you have earned on your funded account.

And finally, while working with FundedNext and reaching the funded status at Stellar Lite Challenge, you become eligible for your first payout after 30 calendar days. After the first payout, though, you are also eligible to receive payouts, given you reach a monthly account size over that base amount. Your Share of the Profit Split: You will share 80% up to 95% of your profit generated in the funded account.

Payment proofs of FundedNext can be found on many websites. Trustpilot is one of them: there, traders comment on their experience in cooperation with the company and a process on how they successfully received payouts. Further payment proofs of FundedNext can also be found on its Discord channel, YouTube channel, and Instagram page, where there are many certificates of payout and interviews with the most successful traders.

Examples of Payout Certificates and Payment Proof can be seen in the images below.

Which Broker Does FundedNext Use?

FundedNext does not broker with any of the popular broker brands. Instead, FundedNext developed their own FundedNext Server as its brokerage.

Regarding trading platforms, during your work with FundedNext, they enable you to trade on MetaTrader 4, MetaTrader 5, or cTrader.

Trading Instruments

As aforementioned, FundedNext has developed its own FundedNext Server, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, and cryptocurrencies with a leverage of up to 1:100, depending on the trading instrument that you are trading and the Challenge that you are participating in.

Forex Pairs

AUD/CADAUD/CHFAUD/JPYAUD/NZDAUD/SGDAUD/USD
CAD/CHFCAD/JPYCHF/JPYEUR/AUDEUR/CADEUR/CHF
EUR/GBPEUR/HKDEUR/HUFEUR/JPYEUR/NOKEUR/NZD
EUR/SGDEUR/TRYEUR/USDGBP/AUDGBP/CADGBP/CHF
GBP/JPYGBP/NZDGBP/SGDGBP/USDMNX/JPYNOK/JPY
NZD/CADNZD/CHFNZD/JPYNZD/SGDNZD/USDSGD/JPY
USD/CADUSD/CHFUSD/CNHUSD/DKKUSD/HKDUSD/HUF
USD/JPYUSD/MXNUSD/NOKUSD/PLNUSD/SEKUSD/SGD
USD/TRYUSD/ZARZAR/JPY

Commodities

UKO/USDUSO/USDXAG/USDXAU/USDXPT/USD

Indices

AUS200HK50EUSTX50FRA40GER30
NTH25SWI20NDX100SPX500UK100
US30JP225US2000VIX

Cryptocurrencies

ADA/USDBCH/USDBTC/USDDOG/USDETH/USD
LNK/USDLTC/USDXLM/USDXMR/USDXRP/USD

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX3 USD / LOT
COMMODITIES3 USD / LOT
INDICES0 USD / LOT
CRYPTO0 USD / LOT

Account Spread
To check the live spreads, log in to the trading account below.

PlatformServerLogin NumberPasswordDownload Platform
MetaTrader 4FundedNext-Server123456FN2022Click here
MetaTrader 5FundedNext-Server123456@Fn2024*Click here
cTraderClick here

Education

FundedNext offers the following educational Blog categories for its community of: 

Market Analysis – Educational market recap articles 

Important Announcement – Latest company news and updates 

Forex Trading Guide – Educational trading guides 

Traders’ Tale – Educational stories of traders from all around the globe

Trades Update – Latest trade and holiday updates



Also, worth a mention here is that FundedNext represents one of the companies that make it different by offering all traders across the globe the chance of a free trial. This allows everyone to be given an experience concerning their trading conditions and experience through testing their trading strategy within their demo environment.

Lastly, FundedNext offers all traders access to a professionally designed trading dashboard. Such functionality allows clients to have real-time access to comprehensive statistics as well as specified objectives, thus ensuring risk management.

FundedNext Trading Dashboard

Trustpilot Feedback

FundedNext has gathered an excellent score on Trustpilot based on their community’s feedback.

On Trustpilot, FundedNext has a wide assortment of their community commenting and giving all commendable positive words about their company service. The firm has garnered an excellent rating of 4.5 out of 5 based on a decent number of 18,332 reviews. Worth mentioning, 83% of reviews gave FundedNext the outstanding rating of 5 stars.

A great experience with FundedNext as per the first comment was given, with appreciation for the stellar challenge brought out by them along with a 15% profit sharing from the challenge phases. In support, they tout their support staff as quick and humble and, therefore, deem FundedNext to be the best in the industry with all features provided.

FundedNext is considered one of the best proprietary trading firms, having distinctive features that distinguish it from other firms. The client appreciates the smooth process to buy an account, smooth transactions, and the first-class customer support team. They praise some unique quality that differentiates FundedNext from all of its other prop firms. Gratitude is placed for the commendable services rendered by the firm.

Social Media Statistics

FundedNext can also be found on numerous social media platforms.

Facebook78,000 Followers & 67,000 Likes
Twitter88,000 Followers
Instagram94,200 Followers
YouTube48,800 Subscribers
Discord129,408 Members
Telegram22,028 Members

Customer Support

Live Chat
Emailsupport@fundednext.com
Phone+35725255160
DiscordDiscord Link
TelegramTelegram Link
FAQFAQ Link
Help Center
WhatsApp
Messenger
Supported LanguagesEnglish, Dutch, Spanish, Portuguese, Deutsch, Thai, Malaysian, Hindi, Polish, Italian, Arabic, French

Account Opening Process

Registration Form – Register with FundedNext by filling out the registration form with your personal details and logging into the trading dashboard.

Choose Your Account – Choose your account size, account type, trading platform, and your swap preference.

Apply Promotional Code – Apply our refund code FNFPR and enjoy a 120% refund on all FundedNext account types.

Choose Your Payment Method – Choose between a credit/debit card, cryptocurrency, bank transfer, and Perfect Money payment methods.

Receive Login Credentials – Find an email with a greeting from FundedNext, where you can access your login credentials for your newly purchased trading account.

Conclusion

In a nutshell, FundedNext is a trusted and reliable proprietary trading firm that offers fundable accounts to choose between six funding programs: the two-step Stellar Challenge, Stellar Lite Challenge, and Evaluation Model; two one-step evaluations in the form of the One-step Stellar Challenge, Consistency Express Model, and Non-Consistency Express Model.

FundedNext’s Two-step Stellar Challenge is the industry standard two-step evaluation requiring the completion of two phases before one is qualified to manage a funded account, earning 80% up to 95% profit splits. Traders must reach the targets in phase one, 8% and in the second phase 5% to be successfully funded. These are reasonable trading goals because you have rules that relate to your maximum daily loss at 5% and maximum loss at 10%. The constraints on the number of days you can trade in each evaluation period do not have a maximum, but you have a minimum number of 5 calendar days of trading in each. Finally, it is worth mentioning that the Two-step Stellar Challenge includes a scaling plan – you will be able to increase your initial account balance.

The One-step Stellar Challenge by FundedNext is just a one-step review. There is just one phase to be passed. To get permission to monitor a funded account and collect 90% up to 95% profit splits, you need to pass this review. Profit target here is 10%. These are realistic trading objectives, in view of the 3% maximum daily and 6% maximum loss rules you must adhere to. Time limitations- you need no maximum trading day requirements during the evaluation phase. However, you will be required to trade a minimum of 2 calendar days during the evaluation phase. Finally, it has to be mentioned that the One-step Stellar Challenge comes with a scaling plan, and through it, you can increase your initial account balance.

FundedNext’s Stellar Lite Challenge is an industry-standard two-step evaluation that one must complete two phases before being able to trade a funded account and earn a profit split of 80% up to 95%. To become successfully funded, the trader must pass phase one with profit at 8% and phase two with profit at 4%. These are achievable trading goals, given your 4% maximum daily and 8% maximum loss stop rules. As for time constraints, you don’t have any limit on the number of trades you can make in any trading day during either evaluation period. However, you must trade at least 5 days of calendar time in each of the evaluation periods. Last but not least, is that the Stellar Lite Challenge has a scaling plan so you could increase your initial account balance.

The two-step evaluation by FundedNext is at par with the industry standard. It is two-phase completion, and after you have completed it, you can be eligible to manage a funded account, and you could have a profit split of 80% up to 95%. To become successfully funded, traders must achieve profit targets of 10% in phase one and 5% in phase two. These are realistic trading objectives, for you have a 5% maximum daily and 10% maximum loss rules to abide by. In terms of time constraints, you need to have at least 5 trading days in the two evaluation phases, and also a maximum trading period during phase one being 4 weeks and 8 weeks in phase two. Finally, it is worth noting that the Standard Offer has a scaling plan, thus giving you a chance to increase your initial account balance.

The Consistency Express Model at FundedNext requires just one step-one phase to complete, after which it qualifies the account to be managed on a funded account earning 80% up to 95% profit splits. To achieve successfully funded status, you need to hit a profit target of 25%. These are very achievable trading goals when you consider you’ll never lose more than 5% in one day or take any trade that loses more than 10%. Regarding time constraints, you are not required to have the maximum trading day requirement during the testing phase. However, you are allowed to trade for a minimum of 10 calendar days during the testing phase. There also is a consistency rule, and you are not allowed to hold your trades during the weekend. Finally, it’s worth mentioning that the Non-Consistency Express Model has a scaling plan, so you will have the chance to grow your entry amount.

While FundedNext’s Non-Consistency Express Model does only have one pass by one phase, it instantly qualifies to begin managing a funded account with profit splits ranging from 80% up to 95%. A trader only needs to have made at least a 25% profit to be considered successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during the evaluation phase. However, you are required to trade for a minimum of 10 calendar days during the evaluation phase. Finally, it needs to be mentioned that the Consistency Express Model is incorporated with a scaling plan, and so gives you the prospect of intensifying your initial account balance.

I would recommend FundedNext to individuals looking for a reliable proprietary trading firm with ideal trading conditions to meet an array of people with different styles of trading. They offer traders exclusive features that include add-ons for particular Challenge accounts, unlimited trading period (all models except the Evaluation Model), bi-weekly withdrawals, and a 15% profit share from demo stages. Taking everything into account that FundedNext offers to each trader on the globe, they can, without any question, be held as one of the leading prop companies in the industry.


Our detailed review of FundedNext was last updated on 16.10.2024 at 08:16 (CE(S)T).

What are your individual opinions on FundedNext and the services they offer? Do they align with the trading conditions and services you’ve been seeking?

Let us know if you enjoyed our detailed FundedNext review by commenting below!

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