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FundedNext

FundedNext

Featured
4.5(65,288)

FundedNext

Featured
4.5(65,288)
Abdullah Jayed🇦🇪UAE Ajman Founded 2022CFD & Futures
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Profit Split
up to 95%
Max Alloc.
$400,000
Payout Frequency
On-demand
Challenge Types
5 types
Trustpilot
4.5/5
Overview
Firm Overview

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.

CEO / Founder
Abdullah Jayed
Headquarters
Ajman
Regulation
Registered in UAE, not a regulated broker.
Broker
FundedNext Proprietary (DXTrade), EightCap
Contact
support@fundednext.com
Payment Methods
Credit Card, Debit Card, Crypto, Bank Transfer, Perfect Money, PayPal, Skrill, Apple Pay, Google Pay, Pix, Boleto, Airtel, M-Pesa, OXXO, SPEI
AI-Powered Review SummaryAI

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.

Pros

  • Up to 95% profit split with scaling up to $4M after 4 months
  • Supports multiple platforms: MT4, MT5, cTrader, and DXtrade
  • Wide range of tradable assets including forex, crypto, and stocks
  • No minimum payout and on-demand withdrawal options
  • Strong Trustpilot rating of 4.5/5 from 65,288 reviews
  • Allows news trading, weekend holding, and EA/bots with some restrictions

Cons

  • Founded in 2022, limited track record in the prop trading industry
  • Daily drawdown limit of 5% may be restrictive for some traders
  • EA/bots not allowed on cTrader and Match-Trader platforms
  • Copy trading only allowed between own accounts with $300k max capital
  • No regulatory broker status, registered only in UAE
Instruments & Assets
Instrument Type
CFDFutures
Assets Available
ForexCryptoIndicesMetalsEnergiesStocksFutures
Platforms Supported
MT4 MT5 cTrader DXtrade
Leverage
Asset ClassLeverage
forex1:100
indices1:25
commodities1:50
crypto1:2
Commissions & Spreads
Spread Type
Raw spreads from 0.0 pips
Asset ClassCommission
forex$3/lot
indices$0/lot
commodities$0/lot
crypto0.04%
Consistency Rules

No consistency rule

Trading Conditions

Risk Management

Max Daily Drawdown5%
Max Total Drawdown10%
Profit TargetPhase 1: 8%, Phase 2: 5%
Min Trading Days5 Days

Trading Permissions

News Trading
Allowed
Weekend Holding
Allowed
EA/Bots Allowed
Allowed

Allowed (with restrictions, not allowed on cTrader and Match-Trader)

Copy Trading
Allowed

Allowed (with restrictions, only between own accounts, max $300k total capital)

Trading Restrictions

No trading during weekends for Express Consistency Accounts. Must close all active trades 15 minutes before the market closes for the weekend.

Max Accounts
$300,000 max capital
Challenges13

Stellar Lite

Account SizeStepsProfit TargetDaily LossMax LossProfit SplitCost per $1KPrice
$6,0001 Step8% / 5%5%10%Up to 95%$10.83/K$65.00
$15,0001 Step8% / 5%5%10%Up to 95%$8.60/K$129.00
$25,0001 Step8% / 5%5%10%Up to 95%$8.76/K$219.00

Stellar 2-Step

Account SizeStepsProfit TargetDaily LossMax LossProfit SplitCost per $1KPrice
$6,0002 Steps8% / 5%5%10%Up to 95%$8.33/K$49.99
$15,0002 Steps8% / 5%5%10%Up to 95%$7.33/K$109.99
$25,0002 Steps8% / 5%5%10%Up to 95%$7.60/K$189.99
$50,0002 Steps8% / 5%5%10%Up to 95%$5.40/K$269.99
$100,0002 Steps8% / 5%5%10%Up to 95%$5.30/K$529.99
$200,0002 Steps8% / 5%5%10%Up to 95%$5.25/K$1049.99

Stellar 1-Step

Account SizeStepsProfit TargetDaily LossMax LossProfit SplitCost per $1KPrice
$15,0001 Step8% / 5%5%10%Up to 95%$7.93/K$119.00
$25,0001 Step8% / 5%5%10%Up to 95%$8.36/K$209.00
$50,0001 Step8% / 5%5%10%Up to 95%$6.58/K$329.00
$100,0001 Step8% / 5%5%10%Up to 95%$5.79/K$579.00
Payouts
Profit Splitup to 95%
Payout FrequencyOn-demand
Minimum PayoutNo minimum

Withdrawal Methods

Bank TransferCryptoDeelPayPal
Refund Policy

Full refund on first payout

Scaling Plan

Scale up to $4M after 4 months of consistent profitability

Restricted Countries
North Korea Iran Syria Cuba Myanmar

This list may not be exhaustive. Always verify on the firm's official website.

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FundedNext FAQ

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