FundedNext, a proprietary trading firm, dedicated two and a half years to meticulous development before launching its trading services, ensuring a robust foundation. Operating from two distinct locations, they offer a range of funding options to traders worldwide.

Coupon Code for More 5% : Surge

FundedNext: The Gateway to Proprietary Trading Success

FundedNext offers a unique opportunity for traders to learn, grow, and succeed in the world of trading. Here’s what sets them apart:

FundedNext- At a Glance:

• Founded: March 2022
• CEO: Abdullah Jayed (CEO of FundedNext).

Manage Simulated Capital Up to $300,000

Unlock Funding Opportunities Worldwide Elevate Your Trading Achievements with FundedNext: Manage up to $300,000 through a FundedNext Account and secure up to 90% of your trading profits.

Pros and Cons of Trading with FundedNext

Funding program options

FundedNext offers its traders four different programs to choose from:

1. Two-Step Stellar Challenge Model Accounts:

The Two-Step Stellar challenge model is designed to identify and reward consistent and talented traders. This account allows trading with 1:100 leverage.

• Account Sizes and Prices:
  • $6,000: Standard – $59, Swap-Free – $65
  • $15,000: Standard – $119, Swap-Free – $131
  • $25,000: Standard – $199, Swap-Free – $219
  • $50,000: Standard – $299, Swap-Free – $329
  • $100,000: Standard – $519, Swap-Free – $571
  • $200,000: Standard – $999, Swap-Free – $1,099
• Challenge Phases:
  • Phase 1: Achieve an 8% profit target without exceeding a 5% maximum daily loss or 10% maximum loss within no specific time limit.
  • Phase 2: Achieve a 5% profit target without exceeding a 5% maximum daily loss or 10% maximum loss within no specific time limit.
• Scaling Plan: Traders can increase their account balance by 40% of the original amount, up to a maximum of $4,000,000, by reaching a 10% profit target or more within a four-month period, with two profitable months and a final profitable month.
• Trading Instruments: Forex pairs, commodities, and indices.

2. One-Step Stellar Challenge Model Accounts:

This account allows traders to meet the challenge requirements in one step, offering up to 1:30 leverage.

• Account Sizes and Prices: Same as Two-Step Stellar Challenge Model.
• Challenge Phase: Achieve a 10% profit target without exceeding a 3% maximum daily loss or 6% maximum loss. No maximum trading day requirements.
• Scaling Plan: Similar to the Two-Step Stellar Challenge Model.
• Trading Instruments: Forex pairs, commodities, and indices.

3. Evaluation Model Accounts:

The Evaluation Model aims to identify talented traders and rewards them for consistency in a two-phase evaluation period with 1:100 leverage.

• Account Sizes and Prices: Same as Two-Step Stellar Challenge Model.
• Evaluation Phases:
  • Phase 1: Achieve a 10% profit target without exceeding a 5% maximum daily loss or 10% maximum loss within 30 calendar days.
  • Phase 2: Achieve a 5% profit target without exceeding a 5% maximum daily loss or 10% maximum loss within 60 calendar days.
• Scaling Plan: Similar to the Two-Step Stellar Challenge Model.
• Trading Instruments: Forex pairs, commodities, and indices.

4. Express Model Accounts:

The Express Model at FundedNext is a unique offering designed to cater to traders looking for a more streamlined and flexible approach to funded trading. Within the Express Model, there are two subtypes: the Consistency Express Model and the Non-Consistency Express Model. These models share some common elements but also have distinctive features.

Express Model Accounts come in two variations:

4.1. Consistency Express Model:

This model allows traders to meet the evaluation requirements with no maximum trading day restrictions and up to 1:100 leverage.The Consistency Express Model is an evaluation phase that allows traders to demonstrate their trading skills and consistency without strict limitations on the number of trading days. Here are the key aspects of this model:

• Account Sizes and Prices: Same as Two-Step Stellar Challenge Model.
• Evaluation Phase: Achieve a 25% profit target without exceeding a 5% maximum daily loss or 10% maximum loss. No maximum trading day requirements.
• Scaling Plan: Similar to the Two-Step Stellar Challenge Model.

4.2. Non-Consistency Express Model:

This model offers traders the opportunity to meet the evaluation requirements with no maximum trading day restrictions and up to 1:100 leverage.The Non-Consistency Express Model is also an evaluation phase but is designed for traders who prefer more flexibility in their trading approach. Here are the key features:

• Account Sizes and Prices:
  • $6,000: Standard – $59, Swap-Free – $65
  • $15,000: Standard – $119, Swap-Free – $131
  • $25,000: Standard – $229, Swap-Free – $252
  • $50,000: Standard – $379, Swap-Free – $417
  • $100,000: Standard – $699, Swap-Free – $769
• Evaluation Phase: Achieve a 25% profit target without exceeding a 5% maximum daily loss or 10% maximum loss. No maximum trading day requirements.
• Scaling Plan: Similar to the Two-Step Stellar Challenge Model.
• Trading Instruments: Forex pairs, commodities, and indices.

Unlock Your Trading Potential

Across all programs, FundedNext emphasizes risk management, with maximum daily and overall loss limits in place. Traders can trade various instruments, including forex pairs, commodities, and indices.

FundedNext stands out for its commitment to rewarding traders, offering profit splits ranging from 60% to 90%, depending on the program and trader’s performance. This incentivizes traders to achieve consistent success in their trading endeavors.

In summary, FundedNext provides a diverse range of funding opportunities for traders, promoting skill development, risk management, and profit potential on funded accounts, ultimately fostering a supportive environment for traders to thrive.

Viability of securing funding from FundedNext

Comparing FundedNext to other proprietary trading firms, the Express Model it offers is distinctive, featuring a one-phase evaluation approach where traders must meet a profit target before becoming eligible for payouts. This program provides a choice between two variants: the Consistency and Non-consistency Express Model accounts. Both require traders to achieve a 25% profit target and adhere to strict rules limiting maximum daily losses to 5% and maximum overall losses to 10%. Furthermore, Consistency Express Model accounts prohibit holding trades over the weekend, and both variants restrict trading during high-impact news releases. Traders are obligated to complete a minimum of 10 trading days, with no constraints on the maximum number of trading days. Notably, Express Model accounts offer a scaling plan that opens the possibility of working with capital of up to $4,000,000.

Is it attainable to secure capital from FundedNext?

In summary, FundedNext differentiates itself from many leading proprietary trading firms by presenting four diverse funding programs with comparatively straightforward trading regulations, catering to a wide spectrum of trader profiles.

Addressing the question of whether attaining FundedNext capital is plausible, it is vital to evaluate the realism of meeting the associated trading prerequisites. While some proprietary firms may offer attractive profit splits on generously funded accounts, unreasonable expectations can substantially reduce the odds of success.

Obtaining capital through the Two-step Stellar Challenge Model accounts is typically realistic, primarily due to their modest profit targets (8% in phase one and 5% in phase two) and standard maximum loss rules (5% maximum daily and 10% maximum loss).

Receiving capital through One-step Stellar Challenge Model accounts is also feasible, largely owing to their moderate profit target of 10% and standard maximum loss rules (3% maximum daily and 6% maximum loss).

Securing capital through the Evaluation Model is realistic, primarily due to the industry-average profit targets (10% in phase one and 5% in phase two) and maximum loss rules (5% maximum daily and 10% maximum loss).

Diverse opportunities for traders based on their preferences and trading styles

Receiving capital through the Express Model remains realistic, even with a demanding 25% profit target and stringent 5% maximum daily and 10% maximum loss rules. This is chiefly because there are no restrictions on the maximum number of trading days, enabling traders to pace their profits and work towards achieving their profit objectives. Additionally, the availability of both Consistency and Non-consistency Express Model accounts accommodates various trader preferences.

In summary, FundedNext offers an enticing avenue to secure funding, thanks to its four distinctive funding programs, each featuring pragmatic trading objectives and payout conditions, ensuring a viable pathway to accessing capital.