At FundedNext, a pioneering proprietary trading firm that emerged onto the scene on the 18th of March, 2022, traders find themselves immersed in a world where success is more than a goal—it’s a shared journey. This cutting-edge platform is more than just a trading opportunity; it’s a comprehensive ecosystem designed to foster disciplined individuals who thrive on effective risk management and sustainable, long-term consistency. If you’re a trader with a hunger for accomplishment and a thirst for growth, FundedNext has been meticulously crafted with you in mind.
The heart of FundedNext’s success lies in its profit-sharing structure. Tailored to reward the skills and dedication of traders, this prop firm provides profit splits ranging from an impressive 60% to an astounding 90%, depending on the trader’s selected funding program. This creates an aligned incentive for traders to excel, knowing that their success is directly linked to their financial rewards.
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- Maximum balance of $4,000,000
- No time limitations
- Up to 90% profit split
- Profit sharing even if account is breached
- No restrictions on trading style
- Leverage 1:100
- 5 minimum trading days
- Have to wait 4 weeks before 1st payout
Trading opportunities at FundedNext are as diverse as the financial landscape itself. Traders have the chance to navigate the dynamic worlds of forex pairs, commodities, and indices, allowing them to tap into a range of markets and asset classes. This diversity not only keeps trading engaging and dynamic but also equips traders with the flexibility to adapt their strategies to varying market conditions.
FundedNext’s global reach is bolstered by its presence across multiple locations, including the UAE, USA, UK, and Bangladesh. With headquarters situated at AI Robotics HUB, C1 Building, AFZ, Ajman, United Arab Emirates, the firm brings a diversified and international perspective to the trading world.
In a strategic partnership that further solidifies their commitment to excellence, FundedNext like many other top prop firms collaborates with Eightcap, a reputable broker. This partnership is a testament to the firm’s dedication to providing traders with a top-tier trading experience.
As you embark on your trading journey, consider FundedNext not just as a trading platform, but as a catalyst for your growth. Through their innovative scaling plan, personalized funding models, and global presence, FundedNext stands as a beacon of opportunity for traders who aspire to thrive in the dynamic world of trading. Your journey toward success starts here.
What Sets FundedNext Apart From Other Proprietary Trading Firms?
In a dynamic and competitive landscape, FundedNext emerges as a beacon of distinction among proprietary trading firms, marked by its pioneering features and resounding accomplishments. Delving into the realm of what truly sets FundedNext apart from its peers, we unravel a tapestry of strategic advantages and distinctive attributes tailored to empower traders across the globe.A Flourishing Community and Respected Recognition
FundedNext’s extensive reach is further substantiated by its thriving community, comprising over 38,000 funded traders. This impressive number is a testament to the effectiveness of its robust trading platform and the unwavering support it extends to its traders. The firm’s achievements have been recognized and featured in esteemed financial publications such as Bloomberg, Benzinga, StreetInsider.com, and Yahoo Finance, a testament to its undeniable impact on the trading landscape.Unique Features Tailored for Success
However, it is FundedNext’s innovative features that truly distinguish it from its peers, elevating the trading experience for aspiring traders and seasoned professionals alike:15% Profit Sharing from Challenge Phase
A paradigm shift in the industry, FundedNext stands alone in offering a remarkable 15% profit share from challenge phase accomplishments. This unparalleled feature is strategically designed to incentivize top-tier traders, delivering on the firm’s promise of offering unparalleled payout bonuses, placing them in a league of their own.No Time Limit on Challenge Phase
In a bold departure from industry norms, FundedNext shatters the constraints of time by allowing traders to navigate challenge phases without the imposition of deadlines. This liberating approach ensures traders operate with clarity and focus, unburdened by the ticking clock, enabling them to refine strategies and make calculated decisions for optimum performance.Balance Based Drawdown
Embracing a revolutionary approach, FundedNext recalibrates daily drawdown calculation by focusing on balance rather than equity. This recalibration bolsters the integrity of the trading environment, ensuring traders enjoy heightened security and reliability—a testament to FundedNext’s commitment to being a trustworthy and dependable prop firm.
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What Are The Options For Funded Accounts?
FundedNext isn’t just another trading platform; it’s a dynamic and innovative proprietary trading firm that offers traders a variety of programs designed to cater to different skill levels and trading styles. With a commitment to fostering growth and success, FundedNext has meticulously crafted four distinct funding models: the Two-step Stellar challenge, One-step Stellar challenge, Evaluation model, and the unique Consistency Express and Non-consistency Express models. Let’s delve into the intricacies of each program and explore the opportunities they bring to the trading table.
Two-step Stellar Challenge Model
The Two-step Stellar challenge model at FundedNext is an exceptional opportunity for aspiring traders to prove their mettle and secure a funded account. This model is designed to reward consistency and strategic decision-making, all while adhering to rigorous risk management principles. Traders in this program are invited to demonstrate their prowess through a two-phase challenge period.
Challenge Phase One: During this phase, traders aim to achieve a profit target of 8%, while staying within the confines of a 5% maximum daily loss and a 10% maximum loss. With no specific maximum trading day requirements, traders have the flexibility to navigate the markets. A minimum of five trading days, however, is necessary to progress to phase two.
Challenge Phase Two: In this stage, traders target a profit of 5%, again adhering to the same loss limitations. As in phase one, a minimum of five trading days is required to advance. Upon successful completion of both challenge phases, traders earn a funded account, signaling their readiness to trade without profit targets.
Scaling and Rewards: The Two-step Stellar challenge model also presents a unique scaling plan. By achieving a profit target of 10% or more within a four-month period, with two profitable months and a profitable final month, traders can increase their account balance by 40% of the original amount. This scaling can continue up to an impressive cap of $4,000,000. Notably, the profit split increases to 90% upon scaling the account for the first time.
One-step Stellar Challenge Model
The One-step Stellar challenge model offers a more streamlined path to funding while still demanding skill and dedication. Traders in this program are tasked with reaching a profit target of 10% while staying within a 3% maximum daily loss and a 6% maximum loss. The absence of maximum trading day restrictions allows traders to focus on the achievement of their profit goals.
Upon completing the challenge phase, traders are awarded a funded account. Like the Two-step Stellar model, this account comes with no profit targets and entails adherence to the specified loss limitations. Scaling is also available, granting a 40% account increase for reaching a profit target of 10% or more within four months.
Evaluation Model
FundedNext’s Evaluation model provides a structured approach for traders to showcase their capabilities through two evaluation phases. Traders target a 10% profit in the first phase and a 5% profit in the second phase, both within the parameters of a 5% maximum daily loss and a 10% maximum loss. The time frame for hitting these targets is 30 calendar days for phase one and 60 calendar days for phase two. A minimum of five trading days is mandatory in each phase.
Scaling and Profits: Successful completion of both evaluation phases leads to a funded account with no profit targets. Scaling can be achieved by reaching a 10% profit target or more within four months. The account balance can increase by 40% of the original balance, with a potential to go up to $4,000,000. Profit splits also increase to 90% upon scaling for the first time.
Consistency Express and Non-consistency Express Models
FundedNext introduces an innovative approach with the Consistency Express and Non-consistency Express models. In these programs, traders target a remarkable 25% profit while adhering to 5% maximum daily loss and 10% maximum loss rules. These models provide distinct trading environments that cater to different trader preferences.
Consistency Rule: The Consistency Express model emphasizes disciplined trading practices, requiring traders to maintain consistent position sizes, risk management, losses, and gains.
Funded Account with Growth: Completion of either Express model phase results in a funded account. While adhering to the specified loss rules, traders can continue to trade with no profit targets. Scaling is also an option for these accounts, allowing for substantial growth potential.
Instruments and Additional Rules: All models offer trading opportunities with forex pairs, commodities, and indices. Each model has its specific rules, including profit targets, maximum daily loss, maximum loss, and minimum trading days, designed to ensure responsible and effective trading practices.
FundedNext’s diverse range of funding programs provides traders with a plethora of opportunities to grow and succeed. From disciplined consistency to dynamic challenges, these programs cater to varying trading styles and skill levels. With the chance to access substantial capital and profit splits of up to 90%, FundedNext stands as a robust and innovative platform for traders aspiring to excel in the world of trading.
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Is Getting Funded On FundedNext Realistic?
When embarking on the journey to secure funding with a proprietary trading firm, discerning traders recognize the importance of aligning their trading style with the realistic requirements of the chosen firm. While enticing promises of high profit splits on well-funded accounts may initially captivate attention, a closer examination reveals that success hinges on the attainability of the trading goals set forth by the firm. As traders, your aspirations deserve an avenue that aligns with your capabilities, ensuring a journey marked by achievable milestones and ultimate triumph.
It’s paramount to dissect the feasibility of trading requirements when evaluating prop firms that harmonize with your forex trading approach. For instance, a firm that flaunts an alluringly high percentage profit split on generously funded accounts might seem like an attractive prospect. However, if these enticing offers are paired with expectations of sky-high percentage gains per month coupled with extremely low maximum drawdown limits, the attainability of success might feel as elusive as grasping a mirage.
In the labyrinth of prop trading firms, FundedNext emerges as an exceptional choice for aspiring traders to secure funding with a genuine sense of feasibility. The firm’s distinctiveness lies not just in its diverse funding programs, but in the meticulously crafted trading objectives that define each program. With a comprehensive suite of options including the Two-step Stellar, One-step Stellar, Evaluation, and Express programs, FundedNext ensures that every trader can find a tailored path to success that resonates with their unique strengths and capabilities.
Payment Proof
What broker does FundedNext use?
When it comes to choosing the right broker for your trading endeavors, FundedNext has seamlessly integrated its platform with Eightcap, a reputable ASIC-regulated broker headquartered in Melbourne, Australia. Established in 2009, Eightcap has embraced a clear-cut mission: delivering exceptional financial services to its clients. With a global presence comprising five offices worldwide and regulatory compliance in multiple jurisdictions, Eightcap empowers traders across the globe to engage in the dynamic markets of forex, indices, commodities, and shares.
Eightcap’s status on the risk spectrum is moderate, as indicated by its Trust Score of 73 out of 99. The broker boasts a versatile array of offerings that cater to a wide range of trading preferences:
- Forex, CFDs, and Cryptocurrency Trading: Whether your focus is on forex currency pairs, Contract for Difference (CFD) instruments, or the exciting realm of cryptocurrencies, Eightcap’s platform has you covered.
- Social Trading and Copy-Trading: For those intrigued by social and copy-trading, Eightcap provides avenues for harnessing collective wisdom and replicating successful strategies.
- Diverse Tradeable Symbols: With a remarkable 326 tradeable symbols, including 45 forex pairs, Eightcap offers a robust portfolio to choose from, catering to various market interests.
- Account Types: Eightcap presents traders with two main account types: Raw and Standard. The fee structure depends on the chosen account type. Standard accounts feature built-in spreads, while Raw accounts involve commissions. Additionally, traders should be mindful of overnight fees, which pertain to holding positions overnight.
One of the defining aspects of Eightcap is its exclusive reliance on the MetaTrader platform, which is renowned for its user-friendly interface and comprehensive trading tools. The broker extends both MetaTrader 4 and the more advanced MetaTrader 5 platforms developed by MetaQuotes Software Corporation.
FundedNext Customer Support and Help
Customer Support and Help
Email: support@fundednext.com
Social Media Profiles
- Instagram profile with 179k followers
- X/Twitter account with 104.7k followers
- Youtube channel has 75.5k subscribers with 1.1k videos.
- Facebook page with 105.6k followers
FundedNext Trust Pilot Reviews
FundedNext has a received great customer feedback from its traders on Trust Pilot. With an overall score of 4.5 out of 5 from 18,209 reviews.
Conclusion
In the intricate world of proprietary trading firms, FundedNext emerges as a unique and comprehensive platform that caters to the diverse needs of traders. With a deep understanding of the challenges traders face, FundedNext offers a range of funding programs that align with various trading styles, experience levels, and risk appetites. This review has meticulously delved into the key aspects that set FundedNext apart, making it an attractive choice for aspiring and seasoned traders alike.
The hallmark of FundedNext’s approach is its commitment to realistic trading requirements. Unlike some prop firms that may promise lofty profit splits and imposing targets, FundedNext maintains a balance that supports trader success. By offering four distinct funding models – Two-step Stellar, One-step Stellar, Evaluation, and Express – FundedNext ensures that traders can choose a path that resonates with their unique preferences and capabilities. This tailored approach to funding challenges makes it an accessible platform for traders from all walks of life.
FundedNext’s dedication to trader empowerment is evident through its transparent and flexible trading rules. The absence of time limitations in funding challenges, balanced maximum daily drawdown calculations, and the freedom to employ diverse trading styles create an environment where traders can focus on refining their strategies and executing their trades with confidence.
FundedNext shines as a prop firm that strikes a harmonious balance between ambition and realism. Its commitment to offering multiple funding models, transparent trading rules, and a supportive environment underscores its dedication to trader success. For traders seeking a credible and tailored path to trading triumph, FundedNext emerges as a beacon of opportunity in the dynamic world of proprietary trading firms.
FAQ's
The profit split on FundedNext is 90%. This means that traders who participate in the FundedNext program receive 90% of the profits they generate while trading on the platform, with the remaining 10% likely going to the platform or fund that provides the trading capital.
Payouts for FundedNext occur often, with traders receiving constant $20,000 payouts. This suggests that traders participating in the FundedNext program receive regular disbursements of $20,000 as part of their profit-sharing arrangement.
Yes, FundedNext is a legitimate trading platform. The company has its head office located at Office No. 7, AI Robotics HUB, C1 Building, AFZ, Ajman, UAE. FundedNext operates within the framework of applicable regulations and offers a profit-sharing model with a 90% split for traders. While it’s always essential to exercise caution and conduct due diligence with any investment, FundedNext’s transparent operations and physical presence can provide confidence in its legitimacy.
FundedNext is a subsidiary of a fintech company called Next Ventures. It is a brainchild of Syed Abdullah Jayed, who is currently pursuing his undergrad degree at North South University.
FundedNext processes payouts through a streamlined financial system, ensuring secure and timely payments to its users.
