FundedNext is committed to assisting traders in reaching their trading objectives. Their attention is on helping customers who demonstrate discipline, robust risk management capabilities, and a steady trading strategy over a period. Participants are given the opportunity to generate substantial profits and also have the possibility to manage accounts up to $200,000, while enjoying profit splits between 60% and 95%. This chance is available for trading various financial instruments including forex pairs, commodities, and indices.
Basic information:
Funding Programs
Two-step Stellar
The Dual-phase Stellar Challenge by FundedNext provides traders an opportunity to manage accounts ranging between $6,000 and $200,000. This challenge aims to recognize traders who excel not only in generating profits but also in implementing effective risk management throughout the two assessment phases. Participants are permitted to trade with leverage as high as 1:100.
In the initial assessment stage, traders are tasked with reaching a profit goal of 8% without surpassing a 5% daily loss or a 10% overall loss. While there's no fixed number of trading days required, traders must trade for at least five days to progress to the subsequent stage.
During the second assessment stage, a 5% profit objective is set, maintaining the same daily and total loss limits as the first stage. Although there is no strict limit on the number of trading days, traders must engage for a minimum of five days to qualify for a funded account.
Completing both stages successfully grants access to a funded account without any restrictions on minimum withdrawals, adhering to the 5% daily and 10% total loss limitations. The initial payout is scheduled 14 days following the first trade in the funded account, with options for bi-weekly withdrawals thereafter. Profit shares vary between 80% and 90%, and an additional 15% profit share from each evaluation phase is awarded once a 5% return on the funded account is realized.
Scaling Plan for Two-step Stellar
With the scaling strategy, traders who demonstrate consistent profitability over certain periods are eligible for a 40% increment in their initial trading capital. Achieving the first scale-up entitles the trader to an increased profit share of 90%.
For instance, a trading account with a starting balance of $100,000 has the potential to escalate to $140,000 after four months and can continue to grow at similar rates thereafter.
The trading guidelines and objectives for the Two-step Stellar Challenge include:
- Profit Goals: During the evaluation stages, traders are expected to meet designated profit percentages. The first phase demands a 10% profit, while the second phase requires a 5% gain. No predetermined profit goals are set for funded accounts.
- Maximum Daily Loss: All account sizes are subject to a 5% daily loss cap.
- Overall Loss Limit: Each account has a 10% total loss threshold.
- Trading Day Minimum: Traders must engage in a minimum of five trading days during both evaluation stages.
One-step Stellar
The Single-step Stellar Challenge presented by FundedNext provides traders an opportunity to manage accounts ranging from $6,000 to $200,000. The goal is to identify traders who demonstrate profitability as well as proficient risk management during a one-time assessment phase. Those participating in the Single-step Stellar Challenge are allowed to use leverage up to 1:30.
In the assessment phase, traders are required to meet a 10% profit target while maintaining within a 3% maximum daily loss and a 6% cumulative loss threshold. While there's no cap on the total number of trading days for this stage, a minimum of five trading days is essential for progressing to a funded account.
Achieving the goals of the assessment phase provides entry to a funded account, free from any minimum withdrawal restrictions. Traders are expected to keep within the 3% daily and 6% overall loss limits. The first payout is arranged for 14 days following the inaugural trade on the funded account, with opportunities for bi-weekly withdrawals thereafter. Profit sharing ranges between 80% and 90%, based on the trader’s performance on the funded account. Furthermore, a 15% share of the profits from the assessment phase is given once a 5% return on the funded account is reached.
Scaling Plan for the One-step Stellar Challenge
The One-step Stellar Challenge features a scaling strategy tailored for traders who consistently demonstrate profitability. If a trader sustains profitable performance for two quarters within a four-month period, achieving either an average of 10% returns over three months or a consistent 2.5% return each month over four months, they are eligible for a 40% increase in their initial account balance. After their first successful scale-up in the One-step Stellar Challenge, their profit share increases to 90%.
Trading Guidelines & Goals for the One-step Stellar Challenge:
- Profit Objective: Traders are required to reach a predetermined profit threshold to successfully complete the evaluation phase, access their profits, or expand their trading capacity. A 10% profit is the target during the evaluation, while funded accounts do not have specific profit objectives.
- Maximum Daily Loss: To safeguard the account, traders face a 3% maximum loss limit for any single day across all account sizes.
- Overall Loss Limit: A comprehensive 6% loss cap is enforced on all accounts to ensure traders do not exceed the total allowed loss.
- Minimum Trading Duration: To advance successfully, traders need to engage in trading for at least five days during the evaluation phase.
Evaluation Model
FundedNext's Evaluation Program presents traders with the opportunity to manage accounts ranging between $6,000 and $200,000. The aim is to identify proficient traders capable of producing profits and effectively managing risks throughout the two-stage assessment period. The Evaluation Program allows for trading with leverage up to 1:100.
In the initial stage of assessment, traders are required to reach a 10% profit objective while maintaining within a 5% maximum daily loss and a 10% cumulative loss ceiling. They have a 4-week timeframe to hit this target and need to trade for a minimum of 5 days to progress to the subsequent phase.
The second stage of evaluation establishes a 5% profit target, maintaining the same limits for daily and overall losses. Participants are given 8 weeks to achieve this goal and must trade for at least 5 days to qualify for a funded account.
After successfully completing both stages, traders gain access to a funded account with no restrictions on the minimum amount for withdrawals. They must adhere to the 5% daily and 10% total loss restrictions. The first withdrawal opportunity is available 14 days after the initial trade in the funded account, followed by bi-weekly withdrawal options. Profit sharing ranges from 80% to 90%, depending on performance in the funded account. Additionally, once a 5% return is realized on the funded account, a 15% share of the profits from each evaluation phase is awarded.
Scaling Strategy for the Evaluation Model
The Assessment Framework features a growth plan for proficient traders. Should a trader consistently secure profits for two out of the last four months, attaining either an average 10% return over three months or a consistent 2.5% monthly profit over four months, they are eligible for a 40% enhancement in their starting account size. With the initial successful scaling under the Assessment Framework, the trader's share of profits increases to 90%.
Trading Guidelines & Objectives for the Assessment Framework:
- Profit Objective: To successfully conclude an evaluation phase, enhance their trading capacity, or access profits, traders must meet a designated profit threshold. The first phase requires a 10% profit, and the second phase has a 5% target, while funded accounts are not subject to specific profit objectives.
- Maximum Daily Loss: A 5% daily loss ceiling is in place for all account types, safeguarding against excessive losses.
- Overall Loss Limit: A general 10% loss cap is applied to all accounts, setting the maximum allowable loss.
- Minimum Trading Duration: Traders are obligated to engage in trading for at least five days in each evaluation phase for successful advancement.
- Maximum Trading Window: Participants have a timeframe of 4 weeks in the first phase and 8 weeks in the second phase to achieve their profit goals and complete the evaluation.
Consistency Express Model
The FundedNext Consistency Express Program presents traders with an opportunity to manage accounts ranging between $6,000 and $200,000. The aim is to identify traders who demonstrate not only profitability but also discipline and effective risk management throughout a single-phase evaluation. In the Consistency Express Program, traders have the option to trade with leverage as high as 1:100.
Throughout the assessment period, traders are tasked with achieving a 25% profit while staying within a 5% maximum daily loss and a 10% total loss limit. There's no set maximum number of trading days for this stage, but traders must actively trade for at least 10 days to progress to a funded account. Maintaining consistency is vital during this phase to develop positive trading practices and ensure a steady increase in profits until the goal is achieved. Every 4-week trading cycle, a 15% share of the profits earned during the evaluation is rewarded until the 25% profit target is reached.
Once the evaluation is successfully completed, traders are granted a funded account with unrestricted withdrawal capabilities. The limits of 5% daily loss and 10% total loss continue to apply. Traders are expected to continue adhering to the consistency rule and commit to trading for a minimum of 10 days in each monthly cycle. The initial share of profits is 60%, based on the earnings, which increases to 75% at the second payout and then to 90% from the third payout onwards.
Scaling Strategy for the Consistency Express Model
The Consistency Express Program offers a growth strategy for traders who have demonstrated consistent profitability. Traders who have maintained steady profits for two out of the last four months, with either an average 10% return over three months or a stable 2.5% monthly profit over four months, qualify for a 40% boost to their initial account balance.
Trading Guidelines & Objectives for the Consistency Express Program:
- Profit Objective: Traders are required to hit a predetermined profit margin to effectively conclude an evaluation phase, unlock their earnings, or expand their trading capacity. A 25% profit is the target during the evaluation, whereas funded accounts don't have explicit profit objectives.
- Maximum Daily Loss: To protect the account, a 5% daily loss limit is enforced across all account types.
- Overall Loss Limit: A comprehensive 10% loss cap is set for all accounts to ensure traders do not exceed the total allowable loss.
- Minimum Trading Duration: Traders must engage in trading for at least 10 days during the evaluation phase and maintain this minimum across each monthly cycle.
- Weekend Position Closure: It's mandatory for traders to close all positions before the market shuts on Friday, preventing the carrying over of trades into the weekend.
- News Trading Ban: Engaging in trades during high-impact news announcements is prohibited.
- Consistency Regulation: Traders are expected to adhere to a uniform trading strategy, maintaining steady position sizes, risk management tactics, and trading results. Significant swings in trading patterns or account performance are discouraged. This regulation focuses particularly on the consistency of trading days, trade volumes, and lot sizes.
Non-Consistency Express Model
FundedNext's Non-Consistency Express Scheme provides traders with the opportunity to manage accounts ranging from $6,000 to $100,000. The goal is to identify traders who are both disciplined and profitable, capable of managing risk efficiently throughout a one-step evaluation phase. This scheme allows traders to utilize leverage as high as 1:100.
During the assessment stage, traders are required to pursue a 25% profit target while maintaining below a 5% maximum daily loss and a 10% cumulative loss ceiling. Although there's no upper limit on the number of trading days for this period, at least 10 trading days are required to progress to a funded account. Every 4-week period, a 15% share of the profits earned during the assessment phase is distributed until the 25% profit objective is met.
Once traders successfully complete the assessment phase, they obtain a funded account with unrestricted withdrawal capabilities. They must continue to comply with the 5% daily and 10% total loss limits. Additionally, engaging in trading for at least 10 days each monthly cycle is compulsory. The initial profit allocation is 60% of the profits earned, which then increases to 75% at the second withdrawal and further rises to 90% from the third withdrawal onward.
Scaling Framework for the Non-Consistency Express Model
The Non-Consistency Express Framework offers a growth strategy for traders demonstrating consistent profitability. Should a trader sustain profitable performance for at least two out of the last four months, with either an average of 10% returns over three months or a consistent 2.5% monthly profit over the four months, they become eligible for a 40% enhancement of their initial account balance.
Trading Guidelines & Objectives for the Non-Consistency Express Framework:
- Profit Objective: To successfully complete an evaluation phase, withdraw earnings, or increase their trading capacity, traders must meet a specific profit margin. A 25% profit is targeted during the evaluation phase, while funded accounts do not have set profit objectives.
- Maximum Daily Loss: To safeguard the account, a 5% daily loss cap is enforced across all account sizes.
- Overall Loss Limit: A general 10% loss ceiling is applied to all accounts as the maximum acceptable loss.
- Minimum Trading Duration: Traders are obligated to trade for at least 10 days during the evaluation phase and maintain this minimum throughout each monthly cycle.
- News Trading Ban: Trading during high-impact news events is strictly forbidden.
- Consistency Regulation: Traders are expected to maintain consistent trading behaviors, including position sizes, risk management strategies, and trading results. Major variations in the account's performance metrics are discouraged. The regulation emphasizes the importance of uniformity in trading days, volumes, and lot sizes.
Is Acquiring Capital from FundedNext Feasible?
When evaluating proprietary trading firms and their compatibility with your forex trading strategy, it's crucial to consider the practicality of the trading conditions. While a firm may present attractive profit shares on large funded accounts, their practicability might decrease if they impose demanding monthly profit targets along with strict drawdown limits, thereby reducing the likelihood of success. The presence of time constraints is also critical, with unlimited trading periods being preferable as they alleviate the pressure of time-related deadlines. Moreover, a comprehensive understanding of all trading rules during the evaluation and funded phases is essential to prevent accidental breaches of your account's conditions.
- Achieving funding through the Two-step Stellar Challenge appears attainable due to its reasonable profit targets (8% in phase one and 5% in phase two) and standard maximum loss rules (5% daily and 10% overall). Importantly, this challenge doesn't enforce a maximum trading day limit while necessitating a minimum of 5 calendar days of trading. Successful completion of both phases offers traders a generous profit share of 80% to 95%.
- Earning capital via the One-step Stellar Challenge is deemed achievable with its typical 10% profit target and standard loss parameters (3% daily and 6% overall). Similar to the Two-step, it lacks maximum trading day restrictions but requires a minimum of 5 calendar days of trading. Success in this phase leads to substantial profit splits of 80% to 95%.
- Acquiring funds through the Evaluation Model is feasible, primarily due to its attainable profit goals (10% in phase one and 5% in phase two) and conventional maximum loss rules (5% daily and 10% overall). This model specifies a 4-week maximum trading period for phase one and 8 weeks for phase two, with a requisite of 5 calendar days of trading. Completing both stages allows traders to access payouts with an attractive profit share of 80% to 95%.
- Garnering capital through the Consistency Express Model is realistic, particularly with its slightly elevated 25% profit target and usual loss limits (5% daily and 10% overall). This model doesn't impose a maximum on trading days but requires a minimum of 10 calendar days of trading, adherence to consistency rules, and prohibits weekend holding. Completion of the evaluation phase leads to a profit share ranging from 60% to 95%.
- Obtaining funds from the Non-Consistency Express Model is considered practical, given its 25% profit target and regular loss criteria (5% daily and 10% overall). While it doesn't restrict the number of maximum trading days, it sets a 10-day minimum trading prerequisite. Successfully finishing the evaluation phase entitles traders to a profit share of 60% to 95%.
Considering all factors, FundedNext emerges as a notable choice with its five distinct funding schemes, including two two-step and three one-step evaluations. Each scheme presents attainable trading goals and conditions for earning payouts.
Evidence of Payouts
Launched on March 18, 2022, FundedNext is a renowned proprietary trading company with a vast network of traders who have achieved funded status and are thus eligible for a portion of the profits.
As a trader partnering with FundedNext, upon reaching funded status via any of the initiatives such as the Two-step Stellar Challenge, One-step Stellar Challenge, Evaluation Model, Consistency Express Model, or Non-Consistency Express Model, you're poised to receive your first payout after a 14-day calendar period. After this initial payout, subsequent payouts are scheduled every 14 calendar days, assuming your profits are above the initial account balance. The profit share allotted to you varies from an impressive 80% to 90%, based on the profits earned in your funded account.
For those interested in confirming FundedNext's payout practices, multiple platforms provide testimonials and proof. Trustpilot includes reviews from traders sharing their successful payout experiences with the firm. Likewise, FundedNext's Discord channel, YouTube channel, and Instagram account showcase numerous payout certificates and interviews with some of their most successful traders.
Below are images showcasing examples of Payout Certificates and evidence of successful payments.
