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FundedNext

FundedNext

4.4
729 reviewsAE
Match TraderMetaTrader 4MetaTrader 5
Visit Firm
7% OFF

FundedNext Discount Code

7% off all challenges.

Overview

Country
AE
Trustpilot
4.5 / 5.0
CEO
Abdullah Jayed
Broker
Institutional Liquidity Provider
Assets
FXCryptoIndicesCommodities
Payment Methods
Apple PayAstropayCredit/Debit CardCryptoGoogle PayPayPalPerfect MoneySkrillTC Pay
Payout Methods
CryptoRiseworks

Payout Policy

Profit Split
Stellar 1-Step | Stellar 2-Step | Stellar Lite | Stellar Instant | USDT (TRC20) | USDT (ERC20) and USDC (ERC20) | RiseWorks
Payout Frequency
Every 7 days | First payout is 21 days, then 14 days. | First payout is 21 days, then 14 days. | 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 | Lowest Payout Amount: $20 | Highest Payout Amount: $1,999 | Lowest Payout Amount: $50 | Highest Payout Amount: $1,999 | Lowest Payout Amount: $50 | Highest Payout Amount: No Limits | Payout Limits for TC Pay | Lowest Payout Amount: $20 | Highest Payout Amount: $5,000
Minimum Withdrawal
N/A

Commissions

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

Challenges

$6,0001 Step
$66$61
Target
10%
Daily Loss
3%
Max Loss
6%
Split
80%
Payout
7 days
$15,0001 Step
$130$121
Target
10%
Daily Loss
3%
Max Loss
6%
Split
80%
Payout
7 days
$15,0002 Steps
$120$112
Target
8% / 5%
Daily Loss
5%
Max Loss
10%
Split
80%
Payout
First payout is 21days, then 14days
$25,0001 Step
$220$205
Target
10%
Daily Loss
3%
Max Loss
6%
Split
80%
Payout
7 days
$50,0001 Step
$330$307
Target
10%
Daily Loss
3%
Max Loss
6%
Split
80%
Payout
7 days
$50,0002 Steps
$300$279
Target
8% / 5%
Daily Loss
5%
Max Loss
10%
Split
80%
Payout
First payout is 21days, then 14days
$100,0001 Step
$570$530
Target
10%
Daily Loss
3%
Max Loss
6%
Split
80%
Payout
7 days
$100,0002 Steps
$550$511
Target
8% / 5%
Daily Loss
5%
Max Loss
10%
Split
80%
Payout
First payout is 21days, then 14days
$200,0001 Step
$1,100$1,023
Target
10%
Daily Loss
3%
Max Loss
6%
Split
80%
Payout
7 days
$200,0002 Steps
$1,100$1,023
Target
8% / 5%
Daily Loss
5%
Max Loss
10%
Split
80%
Payout
First payout is 21days, then 14days

Account Programs

1-Step
Phases
1
Target
10% / 25%
Daily DD
Max DD
6/10%
DD Type
trailing
Min Days
News
Split
80%
2-Steps
Phases
2
Target
8% / 5%
Daily DD
Max DD
6/10%
DD Type
trailing
Min Days
News
Split
80%
Instant
Phases
1
Target
5%
Daily DD
Max DD
6%
DD Type
trailing
Min Days
News
Split
80%

Trading Rules

Drawdown Type
Trailing
Min Trading Days
0
News Trading
Weekend Holding
Consistency Rule
Scaling Plan
Copy Trading
Copy trading is only allowed between challenge accounts and between instant accounts.
Expert Advisors ( E As)
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

Restricted Countries

Antigua and BarbudaBangladeshBelarusBelizeBouvet IslandBurundiCape VerdeChadComorosCook IslandsEritreaFijiGrenadaMalaysiaMyanmar (Burma)North KoreaSri LankaSyriaTuvaluVietnam