A Comprehensive Review of FundedNext
Overview
Choosing the right prop firm is crucial for a trader’s success. After evaluating multiple firms, we conducted a detailed review of FundedNext, examining its programs, funding conditions, trading rules, and overall platform usability. This assessment provides an objective analysis to help traders determine if FundedNext aligns with their trading needs.
FundedNext at a Glance
FundedNext is a proprietary trading firm launched on March 18, 2022, under the legal name GrowthNext F.Z.C. and Incenteco Trading LTD. Led by CEO Abdullah Jayed, the firm provides traders with access to significant capital, offering challenges that allow traders to prove their skills before gaining access to funded accounts.
FundedNext operates with liquidity providers as its brokerage and supports trading on MetaTrader (MT4 & MT5) and cTrader. It allows traders to engage in Forex, crypto, indices, and commodities markets. The maximum allocation for traders is set at $300,000, with a scaling potential (though specific details on scaling are not readily available).
My FundedNext Account Overview
When traders log into their FundedNext dashboard, they receive a comprehensive snapshot of their trading account, performance, and key metrics. Here’s what the dashboard provides:
Account Details
The account type is Express with an initial balance of $50,000. The account is trading under a designated Swap account type with easy access to login credentials and server details.
Trading Cycle Details
The trading cycle start and end dates, such as a cycle beginning on December 4, 2022, and concluding on December 31, 2022.
Stats Section
- Balance: $50,000
- Profit/Loss: $8,500
- Floating Loss: $0
- Trading Days: 10
Trading Objective
This section updates every few minutes, keeping me informed on my progress.
Account Growth
The trader’s current account growth is 0%, indicating no gains or losses beyond the initial funding.
By accessing the Account Overview, traders can monitor their progress, manage risks, and make informed trading decisions.
Accessing The Trading Overview on the FundedNext Dashboard
The Trading Overview on my FundedNext dashboard gives me a clear and concise summary of my trading performance. Here’s how I access and analyze my trading activities:
- Navigate to the ‘Accounts’ section in my FundedNext dashboard.
- Select the specific trading account to review.
- Once inside the account dashboard, locate and click on ‘Trading Overview’.
Inside the Trading Overview, I find two key sections:
- Detail Stats – This section helps me assess the current status of my trading account and evaluate how effective my trading strategy is.
- Analytics – This segment provides deeper insights into my trading patterns, performance, and areas for improvement.
By checking these sections, I can track my progress and refine my trading approach effectively.
Account Overview – FundedNext Trading Objectives
Here are the current FundedNext Trading Objectives based on the trader’s Account Overview:
Daily Loss Limit (Ongoing)
The maximum daily loss limit is $1,250.
Current daily loss: $0 (No losses recorded today).
Today’s permitted loss: $2,500.
Overall Loss Limit (Ongoing)
The maximum overall loss limit is $2,500.
Current overall loss: $0.
Maximum permitted loss: $5,000.
Minimum Trading Days (Passed)
A minimum of 10 trading days is required to pass this objective.
Current trading days completed: 5 days.
Profit Target (Passed)
The minimum profit target is $6,250.
Current profit result: $12,500 (Target exceeded).
Today’s permitted loss will reset in: 21 hours, 34 minutes, 54 seconds.
The account follows the GMT+2 timezone. The trader remains on track, staying within the defined risk parameters.
With the FundedNext Express Challenge trading objectives clearly defined and performance on track, it is essential to understand the different challenge models that FundedNext offers. These models are designed to accommodate various trading styles and risk preferences, providing traders with multiple pathways to secure funding.
The FundedNext Challenge Models
FundedNext offers multiple challenge programs catering to different trading styles and risk appetites. These include:
1. Stellar Challenge Models (One-Step and Two-Step Challenges)
In the Stellar One-Step Challenge, I need to hit a 10% profit target while staying within a 6% maximum loss limit and a 3% daily loss limit. The challenge allows me to trade with 1:30 leverage for Forex, 1:5 for indices, 1:10 for commodities, and 1:1 for crypto. I can start withdrawing profits just five days after passing the challenge, and the profit split goes up to 95%. Plus, news trading is allowed.
Stellar 1-Step Challenge Model
| Category | $6,000 | $15,000 | $25,000 | $50,000 | $100,000 | $200,000 |
|---|---|---|---|---|---|---|
| Plan Fee | $65 | $129 | $219 | $329 | $569 | $1,099 |
| 15% Profit Share From Challenge Phase | $90 | $225 | $375 | $750 | $1,500 | $3,000 |
| Profit Target | 10% | 10% | 10% | 10% | 10% | 10% |
| Maximum Daily Loss (3%) | $180 | $450 | $750 | $1,500 | $3,000 | $6,000 |
| Maximum Overall Loss (6%) | $360 | $900 | $1,500 | $3,000 | $6,000 | $12,000 |
| Minimum Trading Days | 2 Days | 2 Days | 2 Days | 2 Days | 2 Days | 2 Days |
| Profit Split Up to | 95% | 95% | 95% | 95% | 95% | 95% |
| News Trading | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
| First Reward | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days |
For the Stellar Two-Step Challenge, the structure is different. In Phase 1, I need to achieve an 8% profit target, while Phase 2 requires a 5% target. The maximum drawdown is 10%, with a 5% daily loss limit. The minimum trading period is five days, and I can trade with 1:100 leverage for Forex. The first payout happens monthly, and just like the One-Phase challenge, news trading is permitted.
Stellar 2-Step Challenge Model
| Category | $6,000 | $15,000 | $25,000 | $50,000 | $100,000 | $200,000 |
|---|---|---|---|---|---|---|
| Get Plan Fee | $59 | $119 | $199 | $299 | $549 | $999 |
| 15% Profit Share From Challenge Phase | $117 | $292.50 | $487.50 | $975 | $1,950 | $3,900 |
| Profit Target | P1: 8%, P2: 5% | P1: 8%, P2: 5% | P1: 8%, P2: 5% | P1: 8%, P2: 5% | P1: 8%, P2: 5% | P1: 8%, P2: 5% |
| Maximum Daily Loss | 5% ($300) | 5% ($750) | 5% ($1,250) | 5% ($2,500) | 5% ($5,000) | 5% ($10,000) |
| Maximum Overall Loss | 10% ($600) | 10% ($1,500) | 10% ($2,500) | 10% ($5,000) | 10% ($10,000) | 10% ($20,000) |
| Minimum Trading Days | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days |
| Profit Split Up to | 95% | 95% | 95% | 95% | 95% | 95% |
| News Trading | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
| First Reward | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly |
2. Stellar Lite Program
The Stellar Lite Challenge is a more budget-friendly option with lower entry costs and a slightly relaxed structure. To pass, I need to achieve an 8% profit target in Phase 1 and a 4% target in Phase 2. The maximum daily loss is 4%, and the overall drawdown limit is 8%. The first reward payout happens after 21 days, and I can keep up to 95% of my profits. Plus, news trading is allowed.
Stellar Lite
| Category | $5,000 | $10,000 | $25,000 | $50,000 | $100,000 |
|---|---|---|---|---|---|
| Get Plan Fee | $32 | $59 | $139 | $229 | $399 |
| Profit Target | P1: 8%, P2: 4% | P1: 8%, P2: 4% | P1: 8%, P2: 4% | P1: 8%, P2: 4% | P1: 8%, P2: 4% |
| Maximum Daily Loss | 4% ($200) | 4% ($400) | 4% ($1,000) | 4% ($2,000) | 4% ($4,000) |
| Maximum Overall Loss | 8% ($400) | 8% ($800) | 8% ($2,000) | 8% ($4,000) | 8% ($8,000) |
| Minimum Trading Days | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days |
| Profit Split Up to | 95% | 95% | 95% | 95% | 95% |
| News Trading | ✅ | ✅ | ✅ | ✅ | ✅ |
| First Reward | 21 Days | 21 Days | 21 Days | 21 Days | 21 Days |
3. Evaluation Challenge Model
The Evaluation Challenge follows a two-phase structure, similar to the Stellar Two-Step challenge. To pass, I need to achieve a 10% profit target in Phase 1 and a 5% profit target in Phase 2. The maximum daily loss is 5%, while the overall drawdown limit is 10%. I have four weeks to complete Phase 1 and eight weeks for Phase 2. The minimum trading requirement is five days, and I can trade with 1:100 leverage for Forex. News trading is allowed, and the first reward is paid out monthly. My profit split can go up to 95% once I qualify.
| Category | $6,000 | $15,000 | $25,000 | $50,000 | $100,000 | $200,000 |
|---|---|---|---|---|---|---|
| Get Plan Fee | $49 | $99 | $199 | $299 | $549 | $999 |
| 15% Profit Share (Challenge) | $135 | $337.50 | $562.50 | $1,125 | $2,250 | $4,500 |
| Profit Target | P1: 10%, P2: 5% | P1: 10%, P2: 5% | P1: 10%, P2: 5% | P1: 10%, P2: 5% | P1: 10%, P2: 5% | P1: 10%, P2: 5% |
| Time Limit | P1: 4 weeks, P2: 8 weeks | P1: 4 weeks, P2: 8 weeks | P1: 4 weeks, P2: 8 weeks | P1: 4 weeks, P2: 8 weeks | P1: 4 weeks, P2: 8 weeks | P1: 4 weeks, P2: 8 weeks |
| Maximum Daily Loss | 5% ($300) | 5% ($750) | 5% ($1,250) | 5% ($2,500) | 5% ($5,000) | 5% ($10,000) |
| Maximum Overall Loss | 10% ($600) | 10% ($1,500) | 10% ($2,500) | 10% ($5,000) | 10% ($10,000) | 10% ($20,000) |
| Minimum Trading Days | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days | 5 Days |
| Profit Split Up to | 95% | 95% | 95% | 95% | 95% | 95% |
| News Trading | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
| First Reward | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly |
4. Express Challenge Models (Consistency & Non-Consistency)
The Express Program has a unique 25% profit target with a 10% total drawdown and a 5% daily drawdown. The major difference between the Consistency and Non-Consistency models is that traders in the Consistency model must maintain a controlled trading approach, while the Non-Consistency model allows for more aggressive trading styles.
Express – Consistency
| Category | $6,000 | $15,000 | $25,000 | $50,000 | $100,000 | $200,000 |
|---|---|---|---|---|---|---|
| Get Plan Fee | $49 | $99 | $199 | $299 | $549 | $999 |
| 15% Profit Share (Challenge) | $225 | $562.50 | $937.50 | $1,875 | $3,750 | $7,500 |
| Profit Target | 25% | 25% | 25% | 25% | 25% | 25% |
| Maximum Daily Loss | 5% ($300) | 5% ($750) | 5% ($1,250) | 5% ($2,500) | 5% ($5,000) | 5% ($10,000) |
| Maximum Overall Loss | 10% ($600) | 10% ($1,500) | 10% ($2,500) | 10% ($5,000) | 10% ($10,000) | 10% ($20,000) |
| Minimum Trading Days | 10 Days | 10 Days | 10 Days | 10 Days | 10 Days | 10 Days |
| Profit Split Up to | 95% | 95% | 95% | 95% | 95% | 95% |
| News Trading | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ |
| First Reward | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly |
Express – Non-Consistency
| Category | $6,000 | $15,000 | $25,000 | $50,000 | $100,000 |
|---|---|---|---|---|---|
| Get Plan Fee | $59 | $119 | $229 | $379 | $699 |
| 15% Profit Share (Challenge) | $225 | $562.50 | $937.50 | $1,875 | $3,750 |
| Profit Target | 25% | 25% | 25% | 25% | 25% |
| Maximum Daily Loss | 5% ($300) | 5% ($750) | 5% ($1,250) | 5% ($2,500) | 5% ($5,000) |
| Maximum Overall Loss | 10% ($600) | 10% ($1,500) | 10% ($2,500) | 10% ($5,000) | 10% ($10,000) |
| Minimum Trading Days | 10 Days | 10 Days | 10 Days | 10 Days | 10 Days |
| Profit Split Up to | 95% | 95% | 95% | 95% | 95% |
| News Trading | ❌ | ❌ | ❌ | ❌ | ❌ |
| First Reward | Monthly | Monthly | Monthly | Monthly | Monthly |
All FundedNext Challenges in One Chart
The table below summarizes key features across various challenge models.
| Feature | Evaluation | Express Consistency | Express Non-Consistency | Stellar 1-Step | Stellar 2-Step | Stellar Lite |
|---|---|---|---|---|---|---|
| Challenge Phase | 2 | 1 | 1 | 1 | 2 | 2 |
| Challenge Phase Profit Share | 15% | 15% | 15% | 15% | 15% | N/A |
| Profit Target | P1: 10%, P2: 5% | 25% | 25% | 10% | P1: 8%, P2: 5% | P1: 8%, P2: 4% |
| Daily Loss Limit | 5% | 5% | 5% | 3% | 5% | 4% |
| Overall Loss Limit | 10% | 10% | 10% | 6% | 10% | 8% |
| Time Limit | P1: 4 weeks, P2: 8 weeks | No Time Limit | No Time Limit | No Time Limit | No Time Limit | No Time Limit |
| Minimum Trading Days | 5 | 10 | 10 | 2 | 5 | 5 |
| Commission | $3/Per Lot | $3/Per Lot | $3/Per Lot | $5/Per Lot | $3/Per Lot | $7/Per Lot |
| Profit Split Up to | 95% | 95% | 95% | 95% | 95% | 95% |
| Trading Leverage | 1:100 | 1:100 | 1:100 | 1:30 | 1:100 | 1:100 |
| News Trading | ✅ | ❌ | ❌ | ✅ | ✅ | ✅ |
| Weekend Holding | ✅ | ❌ | ✅ | ✅ | ✅ | ✅ |
| Expert Advisors | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
| Trade Copier | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
| Reset Discount | 10% | 20% | 20% | 10% | 10% | 5% |
| Consistency Rule | ❌ | ✅ | ❌ | ❌ | ❌ | ❌ |
| First Reward | Monthly | Monthly | Monthly | 5 Business Days | Monthly | 21 Days |
| Subsequent Rewards | Bi-Weekly | Monthly | Monthly | 5 Business Days | Monthly | Bi-Weekly |
Understanding FundedNext’s challenge programs is just the beginning—scaling opportunities play a crucial role in long-term account growth. FundedNext’s scaling plan provides traders with a path to increase their capital allocation, making it an essential feature for those aiming to maximize their trading potential.
Scaling Plan
One of FundedNext’s standout features is its scaling plan, which allows traders to grow their accounts up to $4 million. To qualify for a 40% account balance increase (up to a maximum of $4 million), I need to meet the following criteria over a four-month period:
- Achieve at least 10% account growth over four consecutive months.
- Receive at least two payouts within this period.
- End my last trading cycle in profit.
This applies to all FundedNext account types: Evaluation, Express, Stellar 1-Step, Stellar 2-Step, and Stellar Lite.
Important: FundedNext reviews accounts every four months. Before I can start new trades, I must close all active trades and contact support to complete the review process.
Spreads, Trading Rules, and Commissions
FundedNext offers competitive spreads across various asset classes on MetaTrader 4 and MetaTrader 5 platforms.
Key Features:
- Lowest Possible Spreads – Even lower than typical ECN account rates.
- Real-Time Spread Data – For the latest spreads on Forex, Commodities, Indices, and Cryptocurrencies, check: FundedNext Symbol List.
- Trading Rules:
News Trading Restrictions –
- Stellar, Stellar Lite, and Evaluation Programs: News trading allowed.
- Express Program: Restricted from trading 5 minutes before and after high-impact news events.
FundedNext ensures transparent trading conditions, giving traders the flexibility to execute their strategies efficiently.
Commission fees are structured as follows:
- Stellar 2-Step, Evaluation, and Express Programs: $3 per lot for Forex and commodities, no fees for indices and crypto.
- Stellar 1-Step Program: $5 per lot for Forex and commodities.
- Stellar Lite Program: $7 per lot for Forex and commodities.
FundedNext Trading Commission Structure
Below is a breakdown of the commission fees per standard lot round trip:
| Account Type | Forex | Commodities | Indices | Crypto |
|---|---|---|---|---|
| Evaluation | $3/Lot | $3/Lot | $0/Lot | $0/Lot |
| Express | $3/Lot | $3/Lot | $0/Lot | $0/Lot |
| Stellar 2-Step | $3/Lot | $3/Lot | $0/Lot | $0/Lot |
| Stellar 1-Step | $5/Lot | $5/Lot | $0/Lot | $0/Lot |
| Stellar Lite | $7/Lot | $7/Lot | $0/Lot | $0/Lot |
Understanding trading costs is essential, but equally important is knowing how and when you can withdraw your profits. FundedNext offers a structured payout system designed to ensure timely and flexible withdrawals.
Payout System
Payouts vary depending on the account type:
- Evaluation and Stellar 2-Step: The first payout is available after 4 trading weeks, then every 14 days.
- Stellar 1-Step: Payouts are processed every 5 business days.
- Stellar Lite: The first payout is available after 21 days, then every 14 days.
For payouts, I can choose from the following methods:
- USDT (TRC20) – Minimum payout: $20
- RiseWorks – Minimum payout: $50
- TC Pay – Available for Iranian clients with payouts between $20 and $5,000
FundedNext does not support payouts through Apple Pay, Perfect Money, or bank transfers. All payouts are processed within 24 hours of the request.
While FundedNext provides access to traders worldwide, there are certain regional restrictions and trading rules that participants must be aware of to maintain compliance.
Restricted Countries
FundedNext does not allow traders from the following countries:
- United States
- Bangladesh
- Syria
- North Korea
- Puerto Rico
- American Samoa
- Grenada
- Chad
- Belize
- Antigua and Barbuda
- Cape Verde
- Tuvalu
- Vietnam
- Bouvet Island
- Burundi
- Cook Islands
- Eritrea
- Comoros
- Fiji
Residents of these countries cannot access FundedNext’s trading platform. However, individuals from all other countries are welcome to join. Traders should verify their eligibility before signing up.
Prohibited Trading Strategies
FundedNext enforces strict rules against certain trading strategies, including:
- High-Frequency Trading (HFT) Bots
- Latency Arbitrage
- Tick Scalping
- Group Hedging
- One-Sided Betting
Traders caught using these strategies risk losing their funded accounts.
My Final Thoughts on FundedNext
FundedNext presents itself as a competitive prop firm with a range of challenges suited for different trading styles. The scaling plan is a major advantage for long-term growth, and the profit split of up to 95% (with an add-on) is one of the best in the industry.
However, the profit targets and drawdown limits may be restrictive for some traders, particularly those used to higher-risk strategies. Additionally, the prohibited trading strategies and news trading restrictions in some programs could be a downside for certain traders.
Overall, my experience with FundedNext has been positive. It provides a solid opportunity for traders looking to access significant funding, and its frequent payouts and scaling options make it an attractive choice. That said, traders should thoroughly review the firm’s rules and ensure their trading style aligns with FundedNext’s conditions before committing.
Would I Recommend FundedNext?
If you’re a disciplined trader looking for a reliable funding opportunity, yes, FundedNext is worth considering. However, if you rely on high-frequency trading or aggressive news trading strategies, it may not be the best fit.
FundedNext FAQ – Everything You Need to Know
General Information
Q: What is FundedNext, and why should I join?
At FundedNext, I get access to trading capital without risking my own funds. Here’s why I choose to trade with them:
- Profit Share – I earn 15% during the Challenge Phases and up to 80% in FundedNext accounts, with the potential to reach 90% after meeting the scale-up criteria.
- Flexible Trading Rules – There are no time limits, so I have complete freedom in my trading.
- Drawdown Protection – With a daily loss limit of 5% and an overall loss limit of 10%, I can manage my risk effectively.
- Low Commission Fees – FundedNext keeps commissions competitive, so I can maximize my profits.
- Multiple Account Options – I can choose from Evaluation, Express, Stellar 1-Step, Stellar 2-Step, and Stellar Lite models, depending on my trading style.
- Additional Benefits – I can trade during news events, use various trading platforms, and rely on a dedicated support team for assistance.
FundedNext gives me the tools and flexibility to focus on profitability and long-term growth.
Q: What is FundedNext’s payout policy?
FundedNext guarantees payouts within 24 hours. If there is a delay, traders receive an additional $1,000 as compensation, reinforcing the firm’s commitment to fast and reliable withdrawals.
Trading Rules & Account Features
Q: Are there deadlines to meet profit targets?
No, most FundedNext challenges do not impose time limits, allowing traders to reach their targets at their own pace. This eliminates pressure and promotes steady, strategic trading.
Q: How is drawdown calculated at FundedNext?
FundedNext uses a balance-based drawdown system instead of equity-based calculations. This ensures a fairer and more predictable method for assessing risk and losses.
Q: What leverage does FundedNext provide?
FundedNext offers high leverage across its Evaluation, Express, and Stellar challenges, enabling traders to maximize their trading potential while maintaining responsible risk management.
Q: Are swap-free accounts available?
Yes, FundedNext provides swap-free accounts for all challenge types, catering to traders who prefer to avoid overnight holding charges for personal or religious reasons.
- Available for All Challenges – Includes Evaluation, Express, Stellar 1-Step, Stellar 2-Step, and Stellar Lite accounts.
- No Additional Documentation Required – Instant access without extra paperwork.
- Same Trading Conditions – Swap-free accounts operate under the same rules as regular accounts.
- Raw Spreads – Competitive pricing with no hidden markups. Check: FundedNext Symbol List.
- 10% Higher Pricing – The cost covers overnight holding charges that FundedNext absorbs on behalf of traders.
FundedNext ensures that traders can trade with flexibility while maintaining fair and transparent conditions.
Q: Can I use Expert Advisors (EAs) on FundedNext accounts?
Yes, FundedNext allows the use of Expert Advisors (EAs) on both Challenge and FundedNext Accounts, except for Free Trial and Competition Accounts. However, your trading strategy must remain consistent. You cannot use an EA to pass the challenge and then switch to manual trading on the FundedNext Account, or vice versa. This ensures that your trading skills and performance are accurately reflected. Additionally, it’s important to customize your EA settings to align with your trading style and avoid executing identical trades across multiple accounts.
Q: Is news trading allowed?
Evaluation & Stellar Challenges: News trading is permitted.
Express Challenges: Some restrictions apply to maintain fair trading conditions.
Q: Is there an inactivity policy?
Yes, FundedNext requires traders to maintain activity on their accounts to avoid automatic failure due to inactivity.
Inactivity Rule:
Accounts inactive for 35 consecutive days will be marked as failed.
How to Keep Your Account Active:
- Log in to your trading platform account at least once within 35 days.
- Place at least one trade within 35 days.
Applies to All Account Types:
Evaluation, Express, Stellar 1-Step, Stellar 2-Step, and Stellar Lite.
Fees & Trading Costs
Q: What are the commission fees?
- Forex & Commodities: $3 per round lot
- Indices & Cryptos: No commission fees. FundedNext keeps trading costs transparent and competitive.
Scaling & Growth Opportunities
Q: Does FundedNext have a Scale-Up plan?
Yes, traders who consistently perform well can scale their accounts up to $4 million, gaining access to more capital for larger trades.
Q: How can a trader qualify for the Scale-Up plan?
To qualify, traders must:
- Achieve a minimum 10% account growth over four consecutive months.
- Receive at least two payouts within those four months.
- End the last trading cycle in profit.
Q: What if a trader doesn’t make a profit in the final cycle?
If a trader fails to end the last cycle in profit, they won’t qualify for scaling at that time. However, their performance will be reassessed in the following month if other criteria are met.
Trading Restrictions & Prohibited Strategies
Q: What trading strategies are prohibited?
- High-frequency trading
- Latency arbitrage
- Copy trading from accounts not owned by the same trader
- Hedging across multiple accounts
- Arbitrage trading
- Tick scalping
- Grid trading
- One-sided betting
- Excessive trading activity that strains the platform
Q: What happens if an account exceeds the hyperactivity limit?
FundedNext monitors trading activity to prevent excessive system strain. Accounts exceeding the hyperactivity threshold may receive warnings or, in extreme cases, be disabled to maintain platform stability.
Additional Features & Rewards
Q: Can traders use VPNs or VPS services?
Yes, traders can use VPN and VPS services, but they must follow security guidelines. FundedNext recommends using paid services and avoiding shared connections to maintain account integrity.
Q: How does FundedNext reward traders?
FundedNext acknowledges traders’ efforts by offering a 15% profit share even during the challenge phases. This ensures traders are compensated for their skills and performance from the start.
Account Reset and Consistency Rules
Q: What is the Account Reset Option, and how does it work?
The Account Reset Option allows traders to restart their Challenge Phase Account if they violate the trading rules. Here’s how it works:
- For Phase 1 accounts (Evaluation, Express, Stellar 2-Step Phase 1, Stellar 1-Step, Stellar Lite): The account resets to its initial balance, and you start over.
- For Phase 2 accounts (Evaluation, Stellar 2-Step, Stellar Lite): A new Phase 1 account is created, and you receive new login credentials via email.
How to reset your account:
- Log in to your FundedNext dashboard.
- Navigate to the Accounts section.
- Select the account you want to reset.
- Go to the Top-up & Reset section and choose the reset option.
Note: A reset fee applies, but discounts are automatically applied based on your account type.
Q: Does resetting my account require a new challenge subscription?
No, resetting your account does not require a new challenge subscription. However, a reset fee applies. The fee varies depending on your account type and size.
For example, the reset fees for Evaluation accounts range from $44 for a $6,000 account to $899 for a $200,000 account.
Automatic discounts apply when resetting:
- Stellar Lite – 5% discount
- Stellar 1-Step, Stellar 2-Step, Evaluation – 10% discount
- Express Accounts – 20% discount
To reset, log in to your FundedNext dashboard, go to the Top-up & Reset section, and the discounted fee will be applied automatically.
Q: What is the Consistency Rule, and which accounts does it apply to?
The Consistency Rule applies only to Express Consistency Accounts, not to other challenge types. It ensures traders maintain consistent trading habits by enforcing weekly limits on:
- Number of trading days
- Number of trades
- Lot sizes
The system calculates your weekly average and sets maximum (2x total) and minimum (total/2) limits to maintain trade and lot size consistency. To stay within the rule, keep your trade size and volume within +/- 200% of your weekly average or a deviation of 2.0.
This rule does not apply to Evaluation, Stellar 1-Step, Stellar 2-Step, or Stellar Lite accounts, as they have different trading rules.
Q: What are the rules and profit targets for different challenge types, and how do they compare to the Consistency Rule?
Each challenge type has different rules and risk parameters:
Evaluation Account:
- Two-phase challenge
- Profit targets: Phase 1 – 10%, Phase 2 – 5%
- Daily loss limit: 5%
- Overall loss limit: 10%
- Minimum trading days: 5
Stellar 1-Step:
- Single-phase challenge
- Profit target: 10% (no time limit)
- Daily loss limit: 3%
- Overall loss limit: 6% (must maintain 94% of account balance)
- Minimum trading days: 2
Stellar 2-Step:
- Two-phase challenge
- Profit targets: Phase 1 – 8%, Phase 2 – 5% (no time limit)
- Daily loss limit: 5%
- Overall loss limit: 10%
- Minimum trading days: 5
Stellar Lite:
- Two-phase challenge
- Profit targets: Phase 1 – 8%, Phase 2 – 4% (no time limit)
- Daily loss limit: 4%
- Overall loss limit: 8%
- Minimum trading days: 5
The Consistency Rule only applies to Express Consistency Accounts, while other accounts have their own profit targets and risk rules. Which option is “safer” depends on your trading style and risk tolerance.
