
FundedNext is a prop trading firm that provides a simulation-based trading platform to evaluate and enhance trading skills. They aim to identify, train, and empower aspiring traders in a simulated environment.
FundedNext is a proprietary trading firm founded in 2022 and headquartered in Ajman, UAE. It specializes in CFD and futures trading across multiple asset classes including forex, crypto, indices, metals, energies, and stocks. Traders undergo a simulation-based evaluation process with challenge types such as Stellar 2-Step, Stellar 1-Step, and Express, requiring profit targets of 8% in phase 1 and 5% in phase 2, with a minimum of 5 trading days. The firm offers up to a 95% profit split and a maximum funded allocation of $400,000, with daily and total drawdown limits set at 5% and 10%, respectively. FundedNext supports trading on MT4, MT5, cTrader, and DXtrade platforms and allows various payout methods including bank transfer, crypto, PayPal, and Deel with no minimum payout and on-demand frequency. It holds a strong Trustpilot rating of 4.5/5 from over 65,000 reviews and distinguishes itself with a scaling plan that can increase capital up to $4 million after four months of consistent profitability.
| Asset Class | Leverage |
|---|---|
| forex | 1:100 |
| indices | 1:25 |
| commodities | 1:50 |
| crypto | 1:2 |
| Asset Class | Commission |
|---|---|
| forex | $3/lot |
| indices | $0/lot |
| commodities | $0/lot |
| crypto | 0.04% |
No consistency rule
Allowed (with restrictions, not allowed on cTrader and Match-Trader)
Allowed (with restrictions, only between own accounts, max $300k total capital)
No trading during weekends for Express Consistency Accounts. Must close all active trades 15 minutes before the market closes for the weekend.
Full refund on first payout
Scale up to $4M after 4 months of consistent profitability
This list may not be exhaustive. Always verify on the firm's official website.
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