With Global leaders and icons like Chris Gayle, Emi Martinez, and Colin Munro cheering for FundedNext, it is your time to explore this exceptional prop firm. So far, FundedNext has empowered 97K+ Traders with total payouts going up to $95M+. In this article, we'll dive deep into what makes FundedNext stand out and what has driven it to the forefront of the trading industry.
FundedNext provides ambitious traders with the funding they need to unlock their full potential. Imagine having access to substantial trading capital without risking your own money.
FundedNext Overview
FundedNext is a proprietary trading firm founded in 2022 and headquartered in Ajman, United Arab Emirates. The company provides skilled traders with the opportunity to trade with up to $200,000 in funding, which can be scaled up to $4,000,000 based on performance.
The CEO of FundedNext is Abdullah Jayed, a visionary entrepreneur from Bangladesh who has revolutionized global trading. Under his leadership, Funded Next aims to change the lives of 50 million traders worldwide by offering innovative solutions and exceptional support.
FundedNext's mission is to empower traders with financial freedom and create the best proprietary trading experience for ambitious traders worldwide.
| Key Feature | Details |
|---|---|
| CEO | Abdullah Jayed |
| Platform | MT4, MT5, cTrader |
| Payout Split | Upto 95% |
| First Payout | 28 Days |
| Subsequent Payouts | 14 Days |
| Initial Maximum Drawdown | 5% |
| Headquarters | UAE |
| Expert Advisors | Allowed |
| Max Funding | $200,000 |
| Funding Programs | Stellar Model, Evaluation Model, and Express Model |
| Leverage | Upto 1:100 |
| Weekend Holding | Allowed |
| Contact | support@fundednext.com |
| Trustpilot Rating | 4.6/5.0 |
How Does the Evaluation Process Work?
Funded Next's power lies in its evaluation process, designed to identify and nurture trading talent.
The Stellar model has 1-step and 2-step options. The 1-step requires a 10% profit target, while the 2-step has 8% and 5% targets in each phase. There are no time limits, but a minimum of 5 trading days is required. Profit splits range from 80-95%.
The Evaluation model is a 2-step process with 10% and 5% profit targets in each phase, to be achieved within 4 and 8 weeks respectively. At least 5 trading days are required per phase. Profit splits start at 80% and can reach 90%.
The Express model offers Consistency and Non-Consistency options. Traders must hit a 25% profit target with no time limit, trading for a minimum of 10 days. The Consistency account requires adherence to lot size and trade count rules. Profit splits range from 60-90%.
All models provide a 15% profit share during the challenge phase. Drawdowns are balance-based, with 5% daily and 10% overall limits. Upon passing, traders receive funded accounts within 24-48 hours and can scale up to $4,000,000.
FundedNext Models
Funded Next primarily offers 3 different models including the Stellar Challenge, Evaluation model, and Express Model. Let's have a look at them:
Steller Challenge
- One Step Stellar Challenge
- Two-Step Steller Challenge
- Stellar Lite Challenge
One Step Stellar Challenge
| Account Size | Price (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 |
Two-Step Stellar Challenge
| Account Size | Price (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 |
Stellar Lite Challenge
| Account Size | Price (Standard) | Price (Swap-Free) |
|---|---|---|
| $5,000 | $32 | $35 |
| $10,000 | $59 | $65 |
| $25,000 | $139 | $153 |
| $50,000 | $229 | $252 |
Evaluation Model
- Standard Account
- Swap Free Account
| Account Size | Price (Standard) | Price (Swap-Free) |
|---|---|---|
| $6,000 | $49 | $54 |
| $15,000 | $99 | $109 |
| $25,000 | $199 | $219 |
| $50,000 | $299 | $329 |
| $100,000 | $549 | $604 |
| $200,000 | $999 | $1,099 |
Consistency Express Model
| Account Size | Price (Standard) | Price (Swap-Free) |
|---|---|---|
| $6,000 | $49 | $54 |
| $15,000 | $99 | $109 |
| $25,000 | $199 | $219 |
| $50,000 | $299 | $329 |
| $100,000 | $549 | $604 |
| $200,000 | $999 | $1,099 |
Non-Consistency Express Model
| Account Size | Price (Standard) | Price (Swap-Free) |
|---|---|---|
| $6,000 | $59 | $65 |
| $15,000 | $119 | $131 |
| $25,000 | $229 | $252 |
| $50,000 | $379 | $417 |
| $100,000 | $699 | $769 |
FundedNext Payouts and Profit Split
One of the most attractive aspects of trading with FundedNext is its generous profit-sharing structure.
Funded Next is the only prop firm that offers a 15% profit share from the profits made during the challenge phases. This unique feature incentivizes traders to perform at their best from the very beginning, knowing that their efforts will be rewarded.
They also ensure that traders can access their hard-earned profits quickly and efficiently. With bi-weekly payouts, traders can request their commissions every 15 days, allowing for a steady flow of income.
In addition to this, Funded Next takes pride in its commitment to swift payouts. The platform guarantees that payouts will be processed within 24 hours of the request. If, for any reason, It fails to meet this promise, traders will receive an additional $1,000 as compensation.
To cater to the diverse needs of its global trader base, It offers a range of payout methods, including Perfect Money, USDT, and BTC. This flexibility ensures that traders can receive their commissions in a manner that suits them best.
FundedNext’s Partnership with the Leading Platforms
FundedNext offers a range of powerful trading platforms and tools to cater to the diverse needs of its traders. The proprietary trading firm provides access to the industry's most popular platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader.
MT4 and MT5 are renowned for their user-friendly interfaces, advanced charting tools, and a wide range of indicators, empowering traders to conduct in-depth market analysis and make informed trading decisions. FundedNext has recently launched MT5 on its own server, GrowthNext, ensuring faster execution, lower latency, and improved reliability.
cTrader, another platform supported by FundedNext, stands out for its intuitive design, exceptional transparency with Level II pricing, and advanced order types. Its cloud-based accessibility allows traders to monitor positions and execute trades seamlessly across devices.
FundedNext has partnered with Incenteco and GrowthNext, recognized trading technology providers, to create a dedicated trading environment that closely mirrors real market conditions. The firm also offers sophisticated risk management tools, including position sizing calculators and algorithms, to help traders optimize their strategies.
Community and Support: A Thriving Trader Ecosystem
FundedNext is more than just a trading platform; it's a vibrant community of like-minded individuals passionate about trading. The platform fosters a sense of belonging and provides various avenues for traders to connect, learn, and grow:
- Discord Community: Traders can join FundedNext's Discord server to engage with fellow traders, share insights, and stay updated on the latest market developments. The community is a hub of activity, with regular discussions, trading ideas, and educational resources.
- Instagram Community: FundedNext's Instagram page is another avenue for traders to stay connected and inspired. With a focus on trader lifestyle, success stories, and motivational content, the Instagram community serves as a source of inspiration and camaraderie.
- FundedNext Pro Support: When traders need assistance, FundedNext's dedicated support team is just a click away. The FundedNext Pro Support option, conveniently located on the dashboard, provides traders with direct access to expert technical support, ensuring that any issues are resolved promptly.
Common Quaries Related to FundedNext
What is the 15% profit sharing from the challenge phase?
FundedNext is the only prop firm that offers a 15% profit share from the profits made during the challenge phases. This incentivizes traders to perform their best from the beginning, knowing their efforts will be rewarded.
How fast can traders receive a Funded account?
After passing the challenge, traders undergo verification and receive a funded account within 24-48 hours.
What is the maximum account balance traders can achieve?
Consistent profitable traders can scale their account up to $4,000,000 by growing it by 10% every 4 months.
How does FundedNext calculate drawdown?
FundedNext uses a balance-based drawdown, calculated based on the account balance at the start of each trading day. The daily drawdown limit is 5% and the overall drawdown limit is 10%.
What is the Profit Split in Funded accounts?
The initial profit split is 80% which can scale up to 90% based on performance. Traders can boost it to 95% by choosing an add-on feature.
What is FundedNext's Payout processing time?
FundedNext guarantees payouts will be processed within 24 hours of the request. If they fail to meet this, traders receive an additional $1,000.
Are there any Trading restrictions?
FundedNext allows EAs, indicators, news trading, and holding positions overnight/weekends. However, some high-risk strategies like martingale and grid trading are restricted.
What is the minimum age requirement to join FundedNext?
Individuals must be at least 18 years old to join FundedNext and participate in their challenges.
Conclusion
Join the FundedNext community today, prove your skills, earn generous rewards, and be part of a global movement that is redefining the future of proprietary trading. With FundedNext, the possibilities are endless, and your success is within reach.
FundedNext stands out as a premier proprietary trading firm dedicated to empowering traders worldwide. With its generous funding options, up to 95% profit splits, and unique 15% profit share during the challenge phase, FundedNext provides an unparalleled opportunity for traders to maximize their earnings.
