FundedNext

4.6
/5

FundedNext is a United Arab Emirates‑based proprietary trading firm launched in March 2022 that offers both evaluation and instant funding programs.Traders praise the responsive support, fast payouts and user‑friendly dashboard. Our experts share high ratings for execution, payout reliability and customer care, though they also note conservative leverage and stringent news‑trading rules.

Country
United Arab Emirates
CEO
Abdullah Jayed
Years in Operation
3
Promo Code
NOTION
10
%
grey-semi-circlenumbers-with-dial (1)
Challenge Price
$32 - $1,099
Account Size
5k - 200k
Profit Split
60% - 90%
Pros
Wide variety of funding models
Profit splits up to 95 %
Unlimited time to pass evaluation phases
Numerous deposit options
Payouts processed within 24 hours
EA and copy trading permitted on MT4/MT5
Cons
Conservative leverage
Strict risk rules
Profits reduced from trades opened or closed within five minutes
Commission rates are relatively high
Residents of numerous countries are ineligible to participate
Trustpilot reviews report sudden account closures, technical issues and delays in refunds
Instruments
Platforms
cTrader
Match Trader
MetaTrader4
MetaTrader5
Assets
Forex
Metals
Indicies
Energy
Crypto
Payment Methods
Apple Pay
Astro Pay
Credit & Debit Cards
Crypto
Google Pay
Paypal
Perfect Money
Skrill
Payout Method
Crypto
Riseworks
TC Pay
Commissions & Leverage

Daily drawdown

2‑Step accounts allow a 5 % daily loss based on the previous day’s equity; 1‑Step accounts cap daily loss at 4 % of the starting balance; Lite accounts use a 4 % daily limit; Instant accounts have no daily loss limit but employ a 6 % trailing maximum loss.

Overall drawdown (trailing or static)

2‑Step accounts have a 10 % static maximum loss limit; 1‑Step accounts have a 6 % static limit; Lite accounts feature an 8 % overall loss; Instant accounts use a 6 % trailing drawdown that moves up with profits but never above the starting balance.

Profit target

2‑Step phase 1 requires 8 % profit and phase 2 requires 5 %; 1‑Step challenges require a single 10 % target; Lite requires 8 % then 4 %; Instant accounts have no profit target.

Minimum trading days

2‑Step programs require at least five trading days in each phase; 1‑Step programs require two days; Lite and Instant accounts typically require five days before withdrawing profits.

Maximum trading days

No time limit exists to complete the evaluation in any program.

Consistency rules

FundedNext does not enforce consistency rules; traders may trade as frequently or infrequently as they wish, provided risk limits are respected.

News trading rules

Trading is allowed around news events, but in funded accounts only 40 % of profit generated within five minutes on either side of a high‑impact news announcement counts toward the account’s net profit; losses during this window are fully applied.

Weekend and overnight rules

Holding positions overnight or over weekends is permitted across all programs; there are no swaps for evaluation accounts.

EA and copy trading rules

EAs and bots are allowed on MT4/MT5 only; they must be customized to the trader’s own strategy, and each algorithm can manage a maximum of $300 000 combined across accounts. Automated trading is not allowed on cTrader or Match‑Trader. Copy trading is permissible only between a trader’s own FundedNext accounts.

Lot size or leverage restrictions

Maximum lot sizes correspond to account size and leverage, but the firm does not publish specific per‑instrument caps; traders must stay within daily and overall loss limits.

Scaling plan rules

For funded CFD accounts, profits can be compounded, and the firm offers a “Scale‑up” add‑on that increases the account balance by 40 % every four consecutive profitable months and can raise the profit split to 95 %. The combined maximum allocation per trader across all accounts is $300 000.

Trading Rules

Daily drawdown

2‑Step accounts allow a 5 % daily loss based on the previous day’s equity; 1‑Step accounts cap daily loss at 4 % of the starting balance; Lite accounts use a 4 % daily limit; Instant accounts have no daily loss limit but employ a 6 % trailing maximum loss.

Overall drawdown (trailing or static)

2‑Step accounts have a 10 % static maximum loss limit; 1‑Step accounts have a 6 % static limit; Lite accounts feature an 8 % overall loss; Instant accounts use a 6 % trailing drawdown that moves up with profits but never above the starting balance.

Profit target

2‑Step phase 1 requires 8 % profit and phase 2 requires 5 %; 1‑Step challenges require a single 10 % target; Lite requires 8 % then 4 %; Instant accounts have no profit target.

Minimum trading days

2‑Step programs require at least five trading days in each phase; 1‑Step programs require two days; Lite and Instant accounts typically require five days before withdrawing profits.

Maximum trading days

No time limit exists to complete the evaluation in any program.

Consistency rules

FundedNext does not enforce consistency rules; traders may trade as frequently or infrequently as they wish, provided risk limits are respected.

News trading rules

Trading is allowed around news events, but in funded accounts only 40 % of profit generated within five minutes on either side of a high‑impact news announcement counts toward the account’s net profit; losses during this window are fully applied.

Weekend and overnight rules

Holding positions overnight or over weekends is permitted across all programs; there are no swaps for evaluation accounts.

EA and copy trading rules

EAs and bots are allowed on MT4/MT5 only; they must be customized to the trader’s own strategy, and each algorithm can manage a maximum of $300 000 combined across accounts. Automated trading is not allowed on cTrader or Match‑Trader. Copy trading is permissible only between a trader’s own FundedNext accounts.

Lot size or leverage restrictions

Maximum lot sizes correspond to account size and leverage, but the firm does not publish specific per‑instrument caps; traders must stay within daily and overall loss limits.

Scaling plan rules

For funded CFD accounts, profits can be compounded, and the firm offers a “Scale‑up” add‑on that increases the account balance by 40 % every four consecutive profitable months and can raise the profit split to 95 %. The combined maximum allocation per trader across all accounts is $300 000.

Commissions

Commissions

Forex and metals trades are charged $5 per lot in 1‑Step and 2‑Step accounts and $7 per lot in Lite and Instant accounts; energies follow the same structure. Indices are commission‑free. Cryptocurrency CFD trades incur a fee of 0.04 % of the notional value.

Spreads

The firm advertises tight spreads, particularly on major pairs and gold, but spreads vary depending on market conditions; indices and commodities may carry wider spreads during volatility.

Leverage by plan or account type

In Stellar 2‑Step accounts, forex leverage is up to 1:100, metals up to 1:25, indices up to 1:15, energies up to 1:25 and crypto 1:1. Stellar 1‑Step accounts use 1:30 on forex, 1:10 on metals, 1:5 on indices, 1:10 on energies and 1:1 on crypto. Stellar Lite has leverage similar to 1‑Step but uses slightly higher max loss limits. Instant accounts offer 1:30 on forex, 1:7.5 on metals, 1:5 on indices, 1:7.5 on energies and 1:1 on crypto.

Payout Policy

Payout frequency

In 2‑Step and Lite accounts, the first withdrawal (performance reward) is available 21 days after the first trade. Subsequent withdrawals occur on a 14‑day cycle as long as the account remains in profit. In 1‑Step accounts, payout cycles are every five calendar days. Instant accounts allow traders to transfer rewards to their wallet as soon as they earn them, subject to daily profit‑share calculation.

Payout methods

Withdrawals are available via USDT (TRC20 or ERC20), USDC (ERC20) and RiseWorks; TC Pay is available for traders in certain countries. Traders must cover transaction fees and complete identity verification before requesting payouts.

Profit split

Funded traders receive 80–90 % of profits, depending on the program and any add‑ons; the split can reach 95 % after scaling. During the evaluation phases, traders can earn a 15 % performance reward on profits achieved.

Eligibility requirements

Traders must complete the minimum trading days and stay within drawdown rules. Accounts must be in profit at the end of a cycle before a withdrawal can be requested. A minimum of $20 in profit is required for crypto payouts and $50 for RiseWorks payouts. KYC verification is mandatory.

Verification / KYC notes

FundedNext requires government‑issued photo ID and proof of address before processing payouts. Payout requests are processed within 24 hours once verified.

Key Benefits

Choice of Funding Models

Traders can select 2‑Step, 1‑Step, Lite or Instant programs to match their trading style and budget.

High Profit Splits

Profit shares up to 95 % and a 15 % bonus during the evaluation phase reward consistent profitability.

Unlimited Evaluation Time

There are no time limits to reach profit targets, removing pressure from the challenge phases.

Extensive Payment and Payout Options

Deposits and withdrawals can be made via cards, PayPal, cryptocurrencies, RiseWorks and local payment gateways.

Platform Flexibility

Supports MT4, MT5, Match‑Trader, cTrader and TradingView, allowing manual and algorithmic strategies (where permitted).

Scaling Add‑On

The optional scale‑up plan increases account size by 40 % every four profitable months and can boost profit splits to 95 %.

User‑Friendly Dashboard and Support

Traders praise the intuitive dashboard and 24/7 customer support with quick, professional responses.

Instant Funding Available

The Stellar Instant model offers immediate access to simulated capital with no evaluation targets.

Educational Resources

FundedNext provides calculators, blog articles and webinars to help traders understand risk management and prop‑firm rules.

Final Verdict

FundedNext is a well‑rounded proprietary trading firm that combines flexible funding options with generous profit splits and robust support infrastructure. Traders appreciate its no‑deadline evaluations, multiple platform support and quick, crypto‑friendly payout process. The firm is best suited for disciplined traders who value strict risk management and are comfortable navigating detailed rules, including reduced profit splits around high‑impact news. Those seeking high leverage or extremely lenient trading rules may find FundedNext restrictive, and residents of several banned countries cannot participate. Overall, FundedNext stands as a competitive choice for traders seeking scalable funding and a professional trading environment, provided they adhere closely to its risk guidelines and news‑trading rules.

Coming Soon!

We're working on putting together our reviews. We'll let you know when it's been launched!

Coming Soon!

We're working on putting together our reviews. We'll let you know when it's been launched!

Coming Soon!

We're working on putting together challenges from all prop firms. We'll let you know when it's been launched!

Other restrictions

Age / Residency rules

Applicants must be at least 18 years old and legally able to enter into a contract.

Coming Soon!

We're working on putting together announcements from all prop firms. We'll let you know when it's been launched!