FundedNext offers three challenge models—Evaluation, Express, and Stellar—with account sizes from $5,000 to $200,000 and profit splits up to 95%. You can trade on MT4, MT5, or cTrader platforms, but the strict rules and 2-step challenges might be tricky for some.
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FundedNext is a proprietary trading firm that offers flexibility through its three challenge models—Evaluation, Express, and Stellar—offering account sizes ranging from $5,000 to $200,000. Traders can choose the model that best fits their style, but the firm’s rules can be demanding. For example, some challenges involve strict profit targets of up to 25%, and maximum daily loss limits of 3-5%, making it harder to pass.
Fees range from $49 to $3,000 depending on the account size and type. Profit splits are competitive, starting at 80% and going up to 95% for funded traders. However, the 2-step challenge structure and minimum trading day requirements can be a barrier for traders looking for quicker funding.
While FundedNext offers attractive profit payout structures and competitive fees, the audition rules and trading conditions can make it more challenging compared to other prop firms.
FundedNext offers three models of prop challenges – Evaluation, Express, and Stellar, each with various subaccounts. This can sometimes make it confusing when trying to determine the best challenge based on your needs, trading style, and risk preferences.
To simplify things for you,, we’ve created a complete comparison of the FundedNext prop accounts so you can easily see how the models compare.
| Challenge Models | Evaluation | Express (Consistency) | Express (Non-Consistency) | Stellar (1-Step) | Stellar (2-Step) | Stellar Lite |
|---|---|---|---|---|---|---|
| Account Sizes | 6K - 200K | 6K - 200K | 6K - 100K | 6K - 200K | 6K - 200K | 5K - 100K |
| Audition Fees | $49 - $999 | $49 - $999 | $59 - $699 | $59 - $999 | $9 - $3,000 | $9 - $3,000 |
| Challenge Phases | 2 Phases | 1 Phase | 1 Phase | 1 Phase | 2 Phases | 2 Phases |
| Profit Split Up to | 80% - 90% | 95% | 95% | 95% | 95% | 95% |
| Commission | $3 per lot | $3 per lot | $3 per lot | $3 per lot | $3 per lot | $7 per lot |
| Challenge Phase Profit Share | 15% | 15% | 15% | 15% | 15% | N/A |
| Profit Target | 10%, 5% | 25% | 25% | 10% | 8%, 5% | 8%, 4% |
| Maximum Daily Loss | 5% | 5% | 5% | 3% | 5% | 4% |
| Maximum Overall Loss | 10% | 10% | 10% | 6% | 10% | 8% |
| Time Limit | 12 Weeks | No Time Limit | No Time Limit | No Time Limit | No Time Limit | No Time Limit |
| Minimum Trading Days | 5 | 10 | 10 | 2 | 5 | 5 |
| News Trading | Allowed | Not Allowed | Not Allowed | Allowed | Allowed | Allowed |
| First Reward | Monthly | Monthly | Monthly | 5 Business Days | Monthly | 21 Days |
| Subsequent Rewards | Bi-Weekly | Monthly | Monthly | 5 Business Days | Bi-Weekly | Bi-Weekly |
| Consistency Rule | No | Yes | No | No | No | No |
| Weekend Holding | Yes | No | Yes | Yes | Yes | Yes |
The Stellar Prop Challenge at FundedNext offers traders the flexibility to choose between a 1-step or 2-step evaluation process with no time limits. Both models allow traders to progress towards funding while enjoying competitive profit splits of up to 95%.
The primary difference between the two models is the number of steps required to achieve funding: the 1-step challenge allows traders to qualify more quickly, while the 2-step challenge offers more flexibility with a slightly lower profit target in each phase.
Key Features of Stellar Accounts
| Challenge Type | Account Size | Fee | Profit Target | Max Daily Loss | Max Overall Loss | Minimum Trading Days | Profit Share | First Reward |
|---|---|---|---|---|---|---|---|---|
| Stellar - 1 Step | $6,000 | $65 | 10% | 3% ($180) | 6% ($360) | 2 Days | 95% | 5 Days |
| Stellar - 1 Step | $15,000 | $129 | 10% | 3% ($450) | 6% ($900) | 2 Days | 95% | 5 Days |
| Stellar - 1 Step | $25,000 | $219 | 10% | 3% ($750) | 6% ($1,500) | 2 Days | 95% | 5 Days |
| Stellar - 1 Step | $50,000 | $329 | 10% | 3% ($1,500) | 6% ($3,000) | 2 Days | 95% | 5 Days |
| Stellar - 1 Step | $100,000 | $569 | 10% | 3% ($3,000) | 6% ($6,000) | 2 Days | 95% | 5 Days |
| Stellar - 1 Step | $200,000 | $1,099 | 10% | 3% ($6,000) | 6% ($12,000) | 2 Days | 95% | 5 Days |
| Stellar - 2 Steps | $6,000 | $59 | 8%, 5% | 5% ($300) | 10% ($600) | 5 Days | 95% | Monthly |
| Stellar - 2 Steps | $15,000 | $119 | 8%, 5% | 5% ($750) | 10% ($1,500) | 5 Days | 95% | Monthly |
| Stellar - 2 Steps | $25,000 | $199 | 8%, 5% | 5% ($1,250) | 10% ($2,500) | 5 Days | 95% | Monthly |
| Stellar - 2 Steps | $50,000 | $299 | 8%, 5% | 5% ($2,500) | 10% ($5,000) | 5 Days | 95% | Monthly |
| Stellar - 2 Steps | $100,000 | $549 | 8%, 5% | 5% ($5,000) | 10% ($10,000) | 5 Days | 95% | Monthly |
| Stellar - 2 Steps | $200,000 | $999 | 8%, 5% | 5% ($10,000) | 10% ($20,000) | 5 Days | 95% | Monthly |
The Stellar Lite challenge is designed for traders who prefer smaller account sizes with lower fees but still enjoy a competitive 95% profit split. Stellar Lite operates as a 2-step challenge and is ideal for traders seeking an accessible entry point into funded trading with reduced risk parameters.
Key Features of Stellar Lite Challenges
| Challenge Type | Account Size | Fee | Profit Target | Max Daily Loss | Max Overall Loss | Minimum Trading Days | Profit Share | First Reward |
|---|---|---|---|---|---|---|---|---|
| Stellar Lite - 2 Steps | $5,000 | $32 | 8%, 4% | 4% ($200) | 8% ($400) | 5 Days | 95% | 21 Days |
| Stellar Lite - 2 Steps | $10,000 | $59 | 8%, 4% | 4% ($400) | 8% ($800) | 5 Days | 95% | 21 Days |
| Stellar Lite - 2 Steps | $25,000 | $139 | 8%, 4% | 4% ($1,000) | 8% ($2,000) | 5 Days | 95% | 21 Days |
| Stellar Lite - 2 Steps | $50,000 | $229 | 8%, 4% | 4% ($2,000) | 8% ($4,000) | 5 Days | 95% | 21 Days |
| Stellar Lite - 2 Steps | $100,000 | $399 | 8%, 4% | 4% ($4,000) | 8% ($8,000) | 5 Days | 95% | 21 Days |
The FundedNext Evaluation Challenge is designed for traders who want to prove their trading skills in a 2-step challenge with realistic profit targets.
The Evaluation model offers traders the opportunity to start with an 80% profit split, which can increase to 90% as you progress and hit performance milestones.
It is ideal for traders looking for a structured, step-by-step challenge with generous drawdown limits and the potential for larger accounts, up to $200,000.
Key Features of Evaluation Challenges
| Account Size | Fee | Profit Target (Step 1) | Profit Target (Step 2) | Max Daily Loss | Max Overall Loss | Min Trading Days | Profit Share | First Reward |
|---|---|---|---|---|---|---|---|---|
| $6,000 | $49 | 10% | 5% | 5% ($300) | 10% ($600) | 5 | 95% | Monthly |
| $15,000 | $99 | 10% | 5% | 5% ($750) | 10% ($1,500) | 5 | 95% | Monthly |
| $25,000 | $199 | 10% | 5% | 5% ($1,250) | 10% ($2,500) | 5 | 95% | Monthly |
| $50,000 | $299 | 10% | 5% | 5% ($2,500) | 10% ($5,000) | 5 | 95% | Monthly |
| $100,000 | $549 | 10% | 5% | 5% ($5,000) | 10% ($10,000) | 5 | 95% | Monthly |
| $200,000 | $999 | 10% | 5% | 5% ($10,000) | 10% ($20,000) | 5 | 95% | Monthly |
The Express Model at FundedNext provides two distinct options for traders: Consistency and Non-Consistency. These variations differ in the funding amount, account size, and the consistency rule.
| Account Size | Fee (Consistency) | Fee (Non-Consistency) | Profit Target | Max Daily Loss | Max Overall Loss | Profit Share | First Reward |
|---|---|---|---|---|---|---|---|
| $6,000 | $59 | $59 | 25% | 5% ($300) | 10% ($600) | 60%-95% | Monthly |
| $15,000 | $119 | $119 | 25% | 5% ($750) | 10% ($1,500) | 60%-95% | Monthly |
| $25,000 | $229 | $229 | 25% | 5% ($1,250) | 10% ($2,500) | 60%-95% | Monthly |
| $50,000 | $379 | $379 | 25% | 5% ($2,500) | 10% ($5,000) | 60%-95% | Monthly |
| $100,000 | $699 | $549 | 25% | 5% ($5,000) | 10% ($10,000) | 60%-95% | Monthly |
| $200,000 | $999 | N/A | 25% | 5% ($10,000) | 10% ($20,000) | 60%-95% | Monthly |
The Express Model offers flexibility with its Non-Consistency Account, allowing more freedom for trading style, while the Consistency Account focuses on maintaining steady and consistent performance for higher challenge amounts.
FundedNext offers a Scale-Up Plan for traders who consistently demonstrate successful trading over a four-month period.
Traders meeting specific criteria can see their account scaled up by 40%, with a maximum allocation of $4 million. The eligibility criteria for the Scale-Up Plan include:
If a trader meets these conditions, their account will be reviewed, and they may receive a 40% increase in the account balance.
For instance, a trader with a $100,000 account who qualifies for the Scale-Up Plan would see their account balance increased to $140,000, with corresponding adjustments to the daily loss and overall drawdown limits.
FundedNext offers swap-free accounts across all its challenges. These accounts are ideal for traders who wish to avoid overnight holding fees, either for personal or religious reasons.
Swap-free accounts provide the same trading conditions as standard accounts during the Challenge Phase, with one key difference: the pricing is 10% higher due to the coverage of overnight holding costs. Additionally, swap-free accounts come with raw spreads, ensuring a fair trading environment for all users.
FundedNext has established comprehensive trading rules that apply across all its challenges, ensuring a fair and consistent trading environment. These rules are divided into several categories to provide clarity on trading conditions and strategies allowed on the platform.
General Trading Rules
Restricted and Prohibited Trading Strategies
FundedNext has set clear restrictions on trading strategies to ensure fairness and maintain market integrity. Violating these rules can lead to account suspension or termination.
Copy Trading
Copy trading is permitted only between accounts owned by the same individual. Copying trades between accounts owned by different people, including friends or family members, is strictly prohibited.
News Trading
News trading rules vary by challenge:
Expert Advisors (EAs)
Expert Advisors (EAs) are allowed at FundedNext on the MT4 and MT5 platforms for Challenge and Funded Accounts, while automated trading is not allowed if you are using cTrader.
If you are using EAs on MT4 or MT5, you must customise your EA settings to match your individual trading style, even if using the same EA as others.
Other Prohibited Strategies
Verdict on FundedNext Accounts
FundedNext offers three main challenge models—Evaluation, Express, and Stellar—each with varying levels of flexibility. The Stellar and Stellar Lite accounts offer profit splits up to 95%, while the Evaluation model has a more structured approach with realistic targets. The Express model provides an option with and without consistency rules.
FundedNext uses Eightcap as their clearing house (or liquidity provider) so we are able to determine the spreads on offer by checking the Eightcap website. Eightcap is a no dealing desk (NDD) trading broker based in Australia that is regulated by ASIC and also CySEC in Europe and VFSC in Vanuatu.
While FundedNext don’t publish the spread they offer on their website, Eightcap does. We have captured the average spreads Eightcap lists on their website for their RAW account and compared them to the average we compiled using the average spreads 40 other brokers publish on their website.
| Forex Pairs | Eightcap | Industry Average |
|---|---|---|
| EUR/USD | 0.06 | 0.22 |
| USD/JPY | 0.23 | 0.41 |
| GBP/USD | 0.73 | 0.52 |
| AUD/USD | 0.27 | 0.46 |
| USD/CAD | 0.20 | 0.66 |
| EUR/GBP | 0.42 | 0.57 |
| EUR/JPY | 0.59 | 0.74 |
| AUD/JPY | 0.49 | 0.87 |
FundedNext offers differentiated commission rates depending on the account type. Evaluation, Express, and both Stellar 1-Step and 2-Step accounts are charged $3 per lot for Forex and Commodities trades, with no commission on Indices and Crypto trades.
The Stellar Lite account, however, incurs a higher rate of $7 per lot for Forex and Commodities, also with no commission on Indices and Crypto trades.
| Account Type | Forex | Commodities | Indices | Crypto |
|---|---|---|---|---|
| Evaluation, Express, Stellar 1-Step & 2-Step | $3 per lot | $3 per lot | $0 | $0 |
| Stellar Lite | $7 per lot | $7 per lot | $0 | $0 |
Verdict on Spreads and Commissions
FundedNext provides competitive spreads through their clearing house, Eightcap, and maintains a transparent commission structure. Charges for Forex and Commodities start at $3 per lot on most accounts, rising to $7 on the Stellar Lite account, with Indices and Crypto trades remaining free of commission.
FundedNext offers prop traders access to four main asset classes: Forex, Indices, Commodities, and Cryptocurrencies, with a total of 83 different financial markets to choose from.
FundedNext’s current offerings include:
| Asset Class | Total Markets | Symbols |
|---|---|---|
| Forex | 50 | AUDCAD, EURUSD, USDJPY, NZDUSD, GBPUSD, etc. |
| Indices | 18 | AUS200, GER30, US30, SPX500, NDX100, etc. |
| Commodities | 5 | XAGUSD, XAUUSD, UKOUSD, USOUSD |
| Cryptocurrencies | 10 | BTCUSD, ETHUSD, XRPUSD, LTCUSD, BCHUSD, etc. |
FundedNext provides a range of leverage options tailored to each account type and market, with leverage ratios ranging between 100:1 and 2:1 depending on the account type and market chosen.
This approach allows traders to select leverage that best suits their trading strategy and risk management preferences.
Here’s how leverage is structured across different account types and markets:
| Account Type | Forex | Indices | Commodities | Crypto |
|---|---|---|---|---|
| Evaluation & Express | 1:100 | 1:50 | 1:50 | 1:2 |
| Stellar 1-Step Account | 1:30 | 1:5 | 1:10 | 1:2 |
| Stellar 2-Step Account | 1:100 | 1:20 | 1:40 | 1:2 |
| Stellar Lite Account | 1:100 | 1:15 | 1:25 | 1:2 |
Verdict on Markets and Leverage
FundedNext offers access to 83 markets across Forex, Indices, Commodities, and Cryptocurrencies. The leverage options, ranging from 100:1 for Forex to 2:1 for Cryptocurrencies, provide flexibility for different trading strategies and risk levels.
FundedNext provides traders with access to three main platforms – MetaTrader 4 (MT4), MetaTrader 5 (MT5) with TradingView integration, and cTrader. Each platform offers distinct tools and features, allowing traders to select the one that aligns with their trading strategies.
MetaTrader 5 (MT5) is the preferred platform among FundedNext traders due to its advanced technical tools, integration with TradingView for in-depth charting, and support for automated trading.
MT4 is a widely used platform known for its compatibility with a vast range of expert advisors (EAs) and indicators. It is best suited for forex, commodities, and indices traders. Users can also develop their own algorithms using the MQL4 programming language.
Key Features
MT5 is an advanced platform offering more technical tools and features than MT4, including additional order types and a broader range of indicators.
It supports automated trading, with EAs developed in MQL5, and includes a built-in economic calendar for market news and events. MT5 can also integrate with TradingView for charting and analysis.
While TradingView is temporarily paused due to system updates, once reactivated, traders can seamlessly access TradingView directly from the FundedNext dashboard while executing trades through MT5.
Key Features
cTrader provides a clean, intuitive interface, particularly suited for manual trading. It offers transparency with Level II market depth pricing and supports advanced order types. cTrader is accessible across desktop, web, and mobile devices, making it highly flexible. However, a $10 platform fee applies for cTrader users.
Key Features
Verdict on FundedNext Trading Platforms
FundedNext offers a solid range of platforms, including MT4, MT5, cTrader, and TradingView (via MT5). This variety caters to different trading styles, ensuring traders can choose the platform that best suits their needs.
FundedNext has various payment methods available including debit card (Visa and Mastercard), bank transfer, Perfect Money, and cryptocurrency.
Payouts
When it comes to payouts, FundedNext has a minimum limit of $20 and if the amount is between $20 and $50, you will only be able to withdraw via crypto. Any withdrawal requests for a value above $50 can be done using the normal withdrawal process using Deel as a third party provider.
In terms of profit withdrawal frequency, if you’re trading with an Evaluation challenge account then the first withdrawal takes 28 days while subsequent withdrawals are 14 days.
For the Express model, all profit withdrawals take 28 days while both Stellar models benefit from 14 days.
Verdict on Payment Methods and Payouts
As far as payment methods and payouts go, we think FundedNext performs well given they provide a good range of payment methods and for some challenge models, allow you to withdraw profits as quickly as 14 days.
FundedNext offers 24/7 customer support and a comprehensive suite of educational resources to help prop traders. With an efficient live chat services to a solid Youtube channel, FundedNext are strong in this area.
FundedNext provides 24/7 customer support through email and live chat. The live chat bot is generally efficient, offering quick answers to common questions, and is backed by a comprehensive FAQ section that addresses most queries in detail.
However, it occasionally directs users to broken links, and the screening questions may feel limited in scope.
Response times via email and chat are moderate, but funded traders benefit from Pro Support, connecting them with in-house technical experts for more tailored assistance.
FundedNext provides a wide array of educational resources to support traders at all levels. These resources are designed to help traders enhance their skills, understand market dynamics, and improve their trading strategies.
Website and Dashboard Resources
FundedNext’s website offers a wealth of educational materials organized by topics, including trading guides, market analysis, and updates on important trading announcements.
A key feature is the Economic Calendar, which keeps traders informed about upcoming economic events that may impact the markets. The calendar is also filterable, allowing traders to focus on high-impact news that may affect their trades.
Within the trader dashboard, users have access to additional resources such as the Psychology Feed, which focuses on improving trading mindset, and Trading Psychology Sessions.
These resources help traders stay grounded and disciplined while navigating volatile markets. The dashboard also features sections like Meet The Traders, where traders can learn from successful prop traders, and Offers and Giveaways, which provide further engagement opportunities.
YouTube Channel and Prop Podcast
FundedNext’s YouTube channel is another excellent resource, boasting over 77K subscribers and more than 1,200 educational videos. The channel focuses on a variety of topics such as trading strategies, risk management, and interviews with funded traders through the “Meet The Traders” series.
The Risk Reward Radio podcast offers deeper insights into traders’ journeys, providing valuable lessons and real-world experiences
Verdict on Customer Service and Education
FundedNext provides excellent 24/7 customer support and a rich array of educational materials, including live chat, an extensive FAQ, trading guides, and an interactive Economic Calendar.
Their YouTube channel and podcast further supplement learning, making it a strong choice for traders seeking comprehensive support and continuous learning opportunities.
FundedNext has an ‘Excellent’ ranking on Trustpilot with 4.5 out of 5 stars, and is a verified company. We scrolled through various pages and it was difficult to find any negative reviews at all, so they’re clearly doing something right.
On the community side of things, they have fairly substantial followings with lots of engagement which adds further strength to their credibility as a prop trading firm.
FundedNext has a large social media community group with 115,000 members on Facebook, 106,000 followers on Twitter / X, and 7,000 on LinkedIn.
Telegram
The FundedNext Telegram channel is also very large with over 40,000 members. It’s a one way channel where FundedNext communicates details about competitions and other announcements, and posts receive lots of reactions/engagement with thousands of views per post.
Discord
The FundedNext Discord channel has over 190,000 members and has a lot of activity across the various channels. From community updates to giveaways, psychology chats, and more, there’s a lot to get stuck into in their online community.
Verdict on FundedNext Trust and Community
We think FundedNext offers a great and vibrant community spanning various channels. Whether you’re mainly on Facebook or Discord, or you prefer to use their trading portal, there’s plenty of options for you to get involved.
This combined with their ‘Excellent’ ranking on Trustpilot indicates a strong reputation and history of client satisfaction.
Getting set up with FundedNext is relatively easy and we have outlined the steps clearly below for you to get an idea of what’s required.
Navigate to the top of the screen and click register account
Fill in your personal details and click register (you can use your Google or Facebook account if you are logged in)
Repeat step 1 except this time click ‘sign in’ and enter your details. Then you should have access to the dashboard and at the top click the green button titled ‘start trading’.
Choose whichever plan, platform and funding model best suits you, and then click ‘enroll now’
The final step is to select your payment method, add in your details and proceed by clicking ‘confirm payment’.
Once you’ve completed these 5 steps you will receive an email confirming you have been successfully registered and you’ll be able to freely navigate the trader portal and commence trading.
FundedNext offers a wide range of funding challenges, appealing to different types of traders with account sizes from $5,000 to $200,000 and profit splits that go up to 95%. Their variety of models—Evaluation, Express, and Stellar—provide flexibility depending on the trader’s preferences and risk tolerance.
With support for popular trading platforms like MT4, MT5, and cTrader, FundedNext accommodates traders at all skill levels, offering them the tools needed to succeed.
However, the firm’s strict daily loss limits, ranging from 3-5%, and its two-step challenge process for some accounts can be challenging for traders seeking faster progression.
The lack of stock market access also limits diversification opportunities. Traders who are focused on forex, commodities, indices, or cryptocurrencies will find value, but those seeking a broader range of financial instruments might feel restricted.
Overall, FundedNext is best suited for disciplined traders who can adhere to the firm’s structured rules and are focused on maximizing profits within the markets they offer.
While the potential for high profit splits and access to quality platforms is appealing, traders should be mindful of the strict trading conditions and the time needed to navigate certain challenges.
Yes, FundedNext is a legitimate prop trading firm offering flexible account sizes from $5,000 to $200,000 with profit splits up to 95%. It is well-regarded in the trading community for its transparent rules and competitive payouts. FundedNext is supported by trusted platforms like MT4, MT5, and cTrader, and their reputation is solidified with an “Excellent” rating on Trustpilot. However, traders should consider the firm’s strict trading rules and the multi-step evaluation process.
Yes, prop firms do pay traders who meet their profit targets and follow the firm’s rules. Payments are based on profit splits, typically ranging from 70% to 95%. Reputable firms like FundedNext and FTMO have a track record of reliable payouts, often processed through secure third-party platforms like Deel. However, it’s important to choose a trustworthy prop firm to avoid scams, as some firms may not honour payouts or have hidden fees. Always research reviews and verify credibility before joining.
FundedNext works by offering traders a chance to manage funded accounts after passing one of its three challenge models: Evaluation, Express, or Stellar. Traders must meet specific profit targets while adhering to daily and overall loss limits. After passing the challenge, traders can earn profit splits up to 95% on live accounts.
FundedNext offers traders profit split percentages ranging from 80% to 95%, depending on the account type and challenge model. The Evaluation model starts at 80%, increasing up to 90% as traders meet performance targets. The Stellar and Express models offer a higher split of up to 95%, with the Stellar Lite model also providing this top percentage. Profit splits are an essential incentive for traders, allowing them to keep a significant portion of their profits while trading funded accounts.
At Prop-Firms.com, our methodology focuses on providing traders with clear, unbiased reviews of the best prop trading firms. We evaluate firms based on key factors like spreads, audition processes, account types, payment structures, and trading platforms. Our research team conducts in-depth testing and frequent updates to ensure accuracy. By considering these factors, we aim to help traders make informed decisions tailored to their specific trading needs.
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