FundedNext
9.5

FundedNext

FundedNext, a dynamic proprietary trading firm, offers diverse and realistic trading programs, catering to various trader strategies with straightforward rules and excellent profit splits.

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Delving into the world of proprietary trading, FundedNext emerges as a standout choice. Offering a range of trader-centric programs, it combines realistic trading objectives with attractive profit splits, making it a compelling option for traders aiming for success in the competitive forex market.

Delving into the world of proprietary trading, FundedNext emerges as a standout choice. Offering a range of trader-centric programs, it combines realistic trading objectives with attractive profit splits, making it a compelling option for traders aiming for success in the competitive forex market.

Pros
  • Diverse Trading Programs.
  • Realistic Profit Targets.
  • Flexible Account Scaling.
  • Responsive Customer Support.
  • Comprehensive Educational Resources.
Cons
  • Relatively New in the Industry.
  • Limited Cryptocurrency Trading Options.
  • Challenging for Beginner Traders.
  • Strict Adherence to Trading Rules Required.
  • Regional Restrictions May Apply.

FundedNext Review: Empowering Traders for Success

FundedNext emphasizes the importance of discipline, risk management, and consistency in trading. Their commitment to supporting traders is evident in their comprehensive scaling plan, which boasts an impressive cap of $4,000,000. Traders associated with FundedNext have the opportunity to engage in a profitable trading experience, with potential profit splits ranging from 60% to 90%, based on the chosen funding program. This opportunity extends across various markets, including forex pairs, commodities, and indices, offering a diverse range of trading options.

FundedNext

Understanding FundedNext: A Comprehensive Overview

FundedNext, established on March 18, 2022, stands out as a notable proprietary trading firm, offering a conducive trading environment for its clients. To cater to diverse trader needs, they have developed four distinct funding models: Two-step Stellar, One-step Stellar, Evaluation, and Express. With a strategic presence in the United Arab Emirates and Bangladesh, FundedNext provides substantial capital, reaching up to $4,000,000, and allows traders to enjoy up to 90% profit splits. The firm has chosen Eightcap as their brokerage partner to ensure seamless trading experiences. Their headquarters is prominently located in the United Arab Emirates at AI Robotics HUB, C1 Building, AFZ, Ajman, reflecting their commitment to innovation and global connectivity.

Abdullah Jayed: The Visionary Leader Behind FundedNext

Abdullah Jayed, celebrated as one of the most promising young entrepreneurs in the digital and retail trading sectors, is the founder and CEO of FundedNext. His entrepreneurial journey began with the establishment of Jayed Corp in 2016, aimed at creating global employment opportunities and simplifying people’s lives.

FundedNext CEO

Jayed’s prowess is evident in his successful ventures like Growth Alliance, MoneyBackFX, and eComChef, each rapidly ascending to market leadership positions. His remarkable success in retail trading led him to establish FundedNext, a multi-million dollar proprietary trading firm that rapidly gained prominence in the industry. One of Jayed’s core beliefs is in the power of young, enthusiastic individuals to achieve their dreams. This philosophy is embodied in FundedNext, where traders with robust strategies are encouraged to undertake evaluations, with the potential to access significant funding and earn substantial profit splits upon successful completion. Jayed’s vision extends beyond business; he is an advocate for hard work and dedication, consistently inspiring traders to reach new heights. For those interested in keeping up with Abdullah Jayed’s insights and daily activities, following him on Instagram and LinkedIn is highly recommended.

FundedNext’s Diverse Funding Program Options

FundedNext caters to a wide range of trading preferences and styles through its comprehensive array of funding program options. Each program is meticulously designed to suit different trader requirements, offering flexibility and choice. Here are the distinct funding programs available:

  • Two-step Stellar Challenge Model: This model is structured to assess and enhance a trader’s skills through a two-phase challenge.
  • One-step Stellar Challenge Model: Aimed at more experienced traders, this model offers a streamlined, one-phase challenge.
  • Evaluation Model: Traders are evaluated based on specific criteria to determine their eligibility for funding.
  • Express Model: Designed for rapid progression, this model accelerates the funding process for qualified traders.
  • Consistency Express Model: This variant emphasizes consistent trading performance for expedited funding.
  • Non-consistency Express Model: Catering to a broader range of trading strategies, this model offers flexibility in trading consistency requirements.

FundedNext’s Two-step Stellar Challenge Model Accounts

FundedNext’s Two-step Stellar Challenge Model is meticulously crafted to identify and reward consistent, talented traders. This model operates on a two-phase challenge, offering an attractive leverage of 1:100. The account sizes and pricing are as follows: FundedNext Two-step Stellar challenge model accounts

  • $6,000 Account: Standard Price – $59, Swap-Free – $65
  • $15,000 Account: Standard Price – $119, Swap-Free – $131
  • $25,000 Account: Standard Price – $199, Swap-Free – $219
  • $50,000 Account: Standard Price – $299, Swap-Free – $329
  • $100,000 Account: Standard Price – $519, Swap-Free – $571
  • $200,000 Account: Standard Price – $999, Swap-Free – $1,099

In Phase One of the challenge, traders must achieve an 8% profit target without exceeding a 5% maximum daily loss or 10% maximum overall loss. There are no maximum trading day requirements, but a minimum of five trading days is necessary to advance to Phase Two. Phase Two requires a 5% profit target, adhering to the same loss limitations as Phase One. Similar to the first phase, there are no maximum trading day limits, but a minimum of five trading days is essential for progression to a funded account. Upon successful completion of both phases, traders are granted a funded account with no profit targets, adhering only to the 5% maximum daily loss and 10% overall loss rules. The initial profit split is set at 80%, with an additional 15% share of the profits made in each challenge phase once a return of 5% on the funded account is achieved. Subsequent payouts are processed on a bi-weekly basis.

Scaling Plan for FundedNext’s Two-step Stellar Challenge Model Accounts

The Two-step Stellar Challenge Model accounts at FundedNext offer an ambitious scaling plan. To qualify, traders need to achieve a minimum 10% profit within a four-month period, ensuring profitability in at least two of those months, with the final month also ending in profit. Successfully meeting these criteria leads to a 40% increase in the original account balance, with the potential to scale up to a whopping $4,000,000. Furthermore, the first scaling instance elevates the profit split to an impressive 90%. Here’s an illustrative example of the scaling process:

  • After 4 months with a $200,000 account, the balance escalates to $280,000.
  • In the subsequent 4 months, the $280,000 balance further rises to $360,000.
  • Another 4 months later, the account grows from $360,000 to $440,000.
  • This pattern continues, facilitating significant account growth over time.

Trading instruments available for these accounts encompass forex pairs, commodities, and indices, offering a broad spectrum of trading opportunities.

Rules for FundedNext’s Two-step Stellar Challenge Model Accounts

FundedNext’s Two-step Stellar Challenge Model accounts are governed by clearly defined rules to ensure a structured and fair trading environment. These rules include profit targets, maximum daily loss limits, overall maximum loss limits, and minimum trading day requirements. Understanding these rules is crucial for traders aiming to successfully navigate through the challenge phases and manage their funded accounts effectively.

  • Profit Targets: The first phase requires traders to achieve an 8% profit target. In the second phase, the target is reduced to 5%. Notably, funded accounts do not have set profit targets, allowing for more flexible trading strategies.
  • Maximum Daily Loss: A uniform maximum daily loss limit of 5% is set for all account sizes. This limit is crucial in managing risk and preventing significant losses within a single trading day.
  • Maximum Overall Loss: All accounts are subject to a 10% maximum overall loss limit. This cap is essential for long-term risk management and account sustainability.
  • Minimum Trading Days: Both phases of the challenge necessitate a minimum of five trading days. This requirement ensures that traders demonstrate consistency and strategy effectiveness over a reasonable timeframe before progressing or requesting withdrawals.

These rules are integral to the structure of the Two-step Stellar Challenge Model at FundedNext, designed to foster disciplined trading and encourage strategic decision-making.

Overview of FundedNext’s One-step Stellar Challenge Model Accounts

FundedNext offers a streamlined trading approach through its One-step Stellar Challenge Model account, designed for traders who prefer a direct route to funding. This model provides the flexibility of no maximum trading day limits and offers leverage up to 1:30.

FundedNext One-step Stellar challenge model accounts The account sizes and pricing for the One-step Stellar Challenge Model are:

  • $6,000 Account: Standard Price – $59, Swap-Free – $65
  • $15,000 Account: Standard Price – $119, Swap-Free – $131
  • $25,000 Account: Standard Price – $199, Swap-Free – $219
  • $50,000 Account: Standard Price – $299, Swap-Free – $329
  • $100,000 Account: Standard Price – $519, Swap-Free – $571
  • $200,000 Account: Standard Price – $999, Swap-Free – $1,099

In this model, traders are tasked with reaching a 10% profit target while adhering to a 3% maximum daily loss and a 6% maximum overall loss limit. There is no pressure of a maximum trading day requirement, offering a relaxed timeframe. However, traders must engage in at least five trading days per month. Upon successful completion of the one-step challenge, traders are granted a funded account without set profit targets. The ongoing requirements include respecting the 3% maximum daily loss and 6% overall loss limits. Similar to the challenge phase, traders must trade for a minimum of five days in each monthly cycle. The initial profit split is 80%, with an additional 15% share of the profits made in the challenge phase once a 5% return is achieved on the funded account. Notably, the profit split increases to 90% upon the first scaling of the account.

Scaling Plan for FundedNext’s One-step Stellar Challenge Model Accounts

The One-step Stellar Challenge Model accounts at FundedNext feature a dynamic scaling plan, providing traders with significant growth opportunities. To qualify for scaling, traders need to meet a set profit target of 10% or more within a four-month period, ensuring that at least two of those months are profitable, and the final month ends in profit. Successful attainment of these criteria results in a 40% increase in the original account balance, with the potential to escalate the balance up to $4,000,000. An illustrative example of the scaling process is as follows:

  • After 4 months, a $25,000 account grows to $35,000.
  • In the subsequent 4 months, the balance of $35,000 rises to $45,000.
  • Another 4 months later, the account increases from $45,000 to $55,000.
  • This pattern of growth continues, enabling progressive account expansion.

Available trading instruments for these accounts include forex pairs, commodities, and indices, offering traders a wide range of options for their trading strategies.

Rules of FundedNext’s One-step Stellar Challenge Model Accounts

The One-step Stellar Challenge Model accounts at FundedNext are governed by specific rules designed to maintain a fair and structured trading environment. These rules include profit targets, maximum daily and overall loss limits, and minimum trading day requirements, essential for traders to understand for successful participation in the program.

  • Profit Targets: During the challenge phase, traders are required to achieve a profit target of 10%. Notably, once traders progress to a funded account, there are no set profit targets, allowing greater flexibility in trading strategies.
  • Maximum Daily Loss: A maximum daily loss limit of 3% applies to all account sizes. This rule helps in mitigating substantial losses within a single trading day and promotes prudent risk management.
  • Maximum Overall Loss: Traders are bound by a 6% maximum overall loss limit across all account sizes. This overall cap is crucial for long-term account sustainability and effective risk control.
  • Minimum Trading Days: The challenge phase requires traders to engage in a minimum of 5 trading days. Additionally, a similar requirement of at least 5 trading days is applicable in each monthly trading cycle, ensuring consistent trading activity and strategy evaluation.

These well-defined rules are integral to the structure of the One-step Stellar Challenge Model, facilitating a disciplined approach to trading and strategic decision-making at FundedNext.

FundedNext’s Evaluation Model Accounts: A Detailed Look

The Evaluation Model accounts at FundedNext are designed to identify and reward serious, skilled traders. This model involves a two-phase evaluation period, offering substantial leverage of 1:100 for the traders.

FundedNext Evaluation model accounts Account sizes and pricing for the Evaluation Model are as follows:

  • $6,000 Account: Standard Price – $49, Swap-Free – $54
  • $15,000 Account: Standard Price – $99, Swap-Free – $109
  • $25,000 Account: Standard Price – $199, Swap-Free – $219
  • $50,000 Account: Standard Price – $299, Swap-Free – $329
  • $100,000 Account: Standard Price – $549, Swap-Free – $604
  • $200,000 Account: Standard Price – $999, Swap-Free – $1,099

In Phase One of the evaluation, traders must achieve a 10% profit target without exceeding a 5% maximum daily loss or 10% overall loss. This target must be reached within 30 calendar days from the first position placed, with a minimum of five trading days required to advance to Phase Two. Phase Two sets a 5% profit target, maintaining the same loss limitations. Traders have 60 calendar days to meet this target, starting from the first position in this phase. A minimum of five trading days is also essential in this phase to progress to a funded account. Successful completion of both phases leads to a funded account with no profit targets, maintaining the 5% maximum daily and 10% maximum overall loss rules. The initial profit split is 80%, with an additional 15% profit share from each evaluation phase once a 5% return is achieved on the funded account. Subsequent payouts are arranged on a bi-weekly basis.

Scaling Plan for FundedNext’s Evaluation Model Accounts

The Evaluation Model accounts at FundedNext feature an encouraging scaling plan that rewards successful trading strategies. This plan requires traders to meet a specific profit target over a defined period, with significant opportunities for account growth and increased profit sharing. To qualify for scaling, traders must achieve a profit target of 10% or more within a four-month period. It’s essential that two out of these four months are profitable, with the final month ending in profit. Meeting these criteria results in a 40% increase in the original account balance, with the potential to scale the balance up to $4,000,000. Additionally, the first instance of scaling the account increases the profit split to 90%. Here are examples of how the scaling plan operates:

  • After 4 months with a $200,000 account, the balance grows to $280,000.
  • In the subsequent 4 months, the $280,000 balance rises to $360,000.
  • Another 4 months later, the account increases from $360,000 to $440,000.
  • This pattern continues, facilitating progressive growth of the account.

The trading instruments available for these accounts include forex pairs, commodities, and indices, providing a broad spectrum of trading options.

Rules of FundedNext’s Evaluation Model Accounts

FundedNext’s Evaluation Model accounts are structured with specific rules to provide a clear and fair framework for trading. These rules are centered around profit targets, maximum loss limits, and trading day requirements, forming the backbone of the evaluation process.

  • Profit Targets: In Phase 1, traders are required to achieve a 10% profit target. Phase 2 lowers the target to 5%. Notably, once traders reach the funded account stage, there are no specified profit targets, allowing for greater strategic freedom in trading.
  • Maximum Daily Loss: A cap of 5% is set as the maximum daily loss for all account sizes. This rule is instrumental in limiting potential losses on any given trading day, encouraging risk-aware trading practices.
  • Maximum Overall Loss: The maximum overall loss permissible across all accounts is 10%. This overall loss limit is critical for maintaining long-term trading viability and effective risk management.
  • Minimum Trading Days: Traders in both phases of the evaluation are required to trade for a minimum of five days. This requirement ensures sufficient engagement and strategy assessment over a reasonable period.
  • Maximum Trading Days: Phase 1 has a maximum trading period of 30 days, while Phase 2 extends this to 60 days. These periods are the maximum timeframes within which traders must hit their respective profit or withdrawal targets.

Adherence to these rules is essential for participants in the Evaluation Model at FundedNext, ensuring a disciplined approach and effective strategy execution.

FundedNext’s Consistency Express Model Accounts Explained

FundedNext’s Consistency Express Model account is tailored for traders who value consistent trading performance and discipline. This model offers a unique one-step evaluation with no maximum trading day limits and a leverage of up to 1:100.

Consistency Express model accounts The account sizes and pricing for the Consistency Express Model are:

  • $6,000 Account: Standard Price – $49, Swap-Free – $54
  • $15,000 Account: Standard Price – $99, Swap-Free – $109
  • $25,000 Account: Standard Price – $199, Swap-Free – $219
  • $50,000 Account: Standard Price – $299, Swap-Free – $329
  • $100,000 Account: Standard Price – $549, Swap-Free – $604
  • $200,000 Account: Standard Price – $999, Swap-Free – $1,099

In the evaluation phase of this model, traders are tasked with reaching a 25% profit target while adhering to a 5% maximum daily loss and a 10% maximum overall loss limit. Traders have the flexibility of no maximum trading days but must trade for at least 10 days per month. The focus of this model is on consistent trading practices, ensuring traders develop and maintain profitable habits until the profit target is achieved. A unique aspect of this model is the 15% profit share offered based on the profits made in the evaluation phase, distributed on a 4-week trading cycle. Successful completion of the evaluation phase leads to a funded account with no set profit targets but with continued adherence to the 5% maximum daily and 10% maximum overall loss rules. The consistency rule remains applicable even in the funded account stage. Traders are required to trade for a minimum of 10 days each month. The initial profit split in the funded account is 60%, which increases to 75% after the first withdrawal and eventually reaches 90% after the second withdrawal.

Scaling Plan for FundedNext’s Consistency Express Model Accounts

FundedNext’s Consistency Express Model accounts offer an attractive scaling plan designed to reward traders for consistent and profitable trading over a specific period. This plan is a key feature for traders aiming to increase their trading capital substantially. To qualify for the scaling plan, traders must achieve a profit target of at least 10% within a four-month timeframe, ensuring profitability in at least two of those months, with the final month also ending in profit. Meeting these criteria entitles traders to a 40% increase in their original account balance, with opportunities to scale the account up to $4,000,000. Examples of how the scaling plan operates are as follows:

  • After 4 months with a $100,000 account, the balance increases to $140,000.
  • In the subsequent 4 months, the balance of $140,000 grows to $180,000.
  • Another 4 months later, the account further escalates from $180,000 to $220,000.
  • This growth pattern continues, offering progressive opportunities for account expansion.

For Consistency Express model accounts, trading instruments include forex pairs, commodities, and indices, providing traders with a wide array of options to execute their strategies.

Rules for FundedNext’s Consistency Express Model Accounts

The Consistency Express Model accounts at FundedNext are governed by a set of well-defined rules, designed to promote disciplined and strategic trading. These rules encompass profit targets, loss limitations, trading day requirements, and specific trading restrictions, crucial for traders to understand for successful participation.

  • Profit Targets: During the evaluation phase, traders must aim for a 25% profit target. Once they advance to a funded account, there are no specific profit targets, offering greater flexibility in trading.
  • Maximum Daily Loss: A uniform maximum daily loss limit of 5% is set for all account sizes, crucial for managing risk and preventing significant losses in a single day.
  • Maximum Overall Loss: The maximum overall loss permissible across all accounts is 10%, serving as a vital control for long-term risk management and account stability.
  • Minimum Trading Days: Traders are required to trade for a minimum of 10 days during the evaluation period. Similarly, a minimum of 10 trading days is required in each monthly cycle of the funded account.
  • No Weekend Holding: Traders are prohibited from holding open positions over the weekend, ensuring that positions are closed before the market close on Friday.
  • No News Trading: Trading during high-impact news releases is not allowed. Traders must refrain from opening or closing trades 5 minutes before and after such news events, applicable both during the evaluation phase and in the funded account status.
  • Consistency Rule: This rule requires traders to maintain consistent position sizes, risk management, and relatively steady gains and losses. The goal is to ensure that the characteristics of the trading results do not fluctuate drastically, emphasizing a steady and strategic approach to trading.

Adhering to these rules is essential for traders participating in the Consistency Express Model at FundedNext, as they foster a structured and responsible trading environment.

FundedNext’s Non-consistency Express Model Accounts Overview

FundedNext offers the Non-consistency Express Model account, designed for traders who prefer a flexible trading approach without the need for consistent trading patterns. This model provides significant leverage of up to 1:100 and does not impose maximum trading day limits.

FundedNext Non-consistency Express model accounts Account sizes and pricing for the Non-consistency Express Model are:

  • $6,000 Account: Standard Price – $59, Swap-Free – $65
  • $15,000 Account: Standard Price – $119, Swap-Free – $131
  • $25,000 Account: Standard Price – $229, Swap-Free – $252
  • $50,000 Account: Standard Price – $379, Swap-Free – $417
  • $100,000 Account: Standard Price – $699, Swap-Free – $769

In the evaluation phase, traders are required to achieve a 25% profit target while adhering to a 5% maximum daily loss and a 10% overall loss limit. Traders have the flexibility to take as long as needed, with the only requirement being to trade for a minimum of 10 days per month. This model stands out as it does not enforce a consistency rule, offering traders the liberty to develop diverse trading strategies to reach the profit target. During the evaluation, traders are entitled to a 15% profit share, calculated on a 4-week trading cycle until the required profit target is reached. Upon successful completion of the evaluation phase, traders are awarded a funded account sized at 25% of the challenge amount. For instance, passing the $100,000 Non-consistency Express model evaluation leads to receiving a $25,000 funded account. The funded account maintains the 5% maximum daily and 10% overall loss rules, with no profit targets and no consistency requirements. Traders, however, must continue to trade for at least 10 days each month. The initial profit split in this account is 60%, increasing to 75% after the first withdrawal, and ultimately reaching 90% after the second withdrawal.

Scaling Plan for FundedNext’s Non-consistency Express Model Accounts

FundedNext’s Non-consistency Express Model accounts feature a rewarding scaling plan that is designed to encourage traders to achieve and exceed their profit targets over a set period. This plan is especially significant for traders aiming for substantial growth in their trading capital. To qualify for the scaling plan, traders need to reach a profit target of at least 10% within a four-month timeframe, ensuring profitability in at least two of those months, with the final month also ending in profit. Successfully meeting these criteria entitles traders to a 40% increase in their original account balance, along with the opportunity to scale the account up to $4,000,000. Here are examples of how the scaling plan operates:

  • After 4 months with a $25,000 account, the balance increases to $35,000.
  • In the subsequent 4 months, the balance of $35,000 grows to $45,000.
  • Another 4 months later, the account further escalates from $45,000 to $55,000.
  • This pattern continues, offering progressive opportunities for account expansion.

For Non-consistency Express model accounts, the trading instruments available include forex pairs, commodities, and indices, providing traders a wide range of options for their trading strategies.

Rules for FundedNext’s Non-consistency Express Model Accounts

The Non-consistency Express Model accounts at FundedNext are governed by a set of rules that create a structured and fair trading environment. These rules include profit targets, maximum loss limits, trading day requirements, and specific trading restrictions, crucial for traders to navigate successfully through the evaluation phase and manage their funded accounts.

  • Profit Targets: During the evaluation phase, traders are required to achieve a 25% profit target. Notably, once they progress to a funded account, there are no specific profit targets, granting greater trading flexibility.
  • Maximum Daily Loss: A maximum daily loss limit of 5% is set for all account sizes, instrumental in managing risk and preventing large losses within a single day.
  • Maximum Overall Loss: The maximum overall loss permissible across all accounts is 10%, serving as a vital control for long-term risk management and account sustainability.
  • Minimum Trading Days: Traders in the evaluation phase must trade for a minimum of 10 days. Similarly, a minimum of 10 trading days is required in each monthly cycle of the funded account, ensuring consistent trading activity.
  • No News Trading: Trading during high-impact news releases is not allowed. Traders must refrain from opening or closing trades 5 minutes before and after such events, applicable both during the evaluation phase and in the funded account status. This rule is designed to mitigate risk associated with market volatility during major news events.

Adherence to these rules is essential for participants in the Non-consistency Express Model at FundedNext, fostering a disciplined approach and effective strategy execution.

What Sets FundedNext Apart from Other Proprietary Trading Firms

FundedNext distinguishes itself in the competitive landscape of proprietary trading firms with its unique offerings and trader-friendly policies. One of the key differentiators is its array of funding models, tailored to suit various trading styles and preferences. The firm offers four distinct funding models: Two-step Stellar, One-step Stellar, Evaluation, and Express. Each model is designed with specific objectives and criteria, providing traders with multiple pathways to achieve funding and grow their trading capital. Another aspect that sets FundedNext apart is its relatively straightforward and relaxed trading rules. Compared to many industry-leading prop firms, FundedNext’s rules are designed to be more accommodating, thus appealing to a wider range of traders. Specifically, the Two-step Stellar challenge model at FundedNext exemplifies these trader-centric features. This funding challenge requires traders to complete two distinct phases with achievable profit targets of 8% in phase one and 5% in phase two. The model enforces a 5% maximum daily and a 10% maximum overall loss limit, but notably, there are no maximum trading day requirements. This flexibility allows traders to operate at their own pace, a significant advantage over the more rigid structures often seen in other firms. Additionally, the minimum trading requirement of only five calendar days further underscores FundedNext’s commitment to providing accessible and adaptable trading conditions. Moreover, the Two-step Stellar challenge model incorporates a scaling plan, which is another attractive feature when compared to other prop firms. The scaling plan enables traders to progressively increase their trading capital based on their performance, offering a clear path for growth and development. Overall, FundedNext’s approach, characterized by diverse funding models, lenient trading rules, achievable profit targets, and absence of restrictive trading day limits, positions it as a unique and appealing option for traders in the proprietary trading firm industry.

Comparative Analysis: FundedNext vs. Finotive Funding

When comparing FundedNext and Finotive Funding, two notable proprietary trading firms, it’s essential to consider various aspects of their trading objectives and conditions. This comparison highlights the differences and similarities in their trading requirements and benefits.

Trading ObjectivesFundedNextFinotive Funding
Phase 1 Profit Target8%7.5%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss10%10%
Minimum Trading Days5 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimited for both phasesUnlimited for both phases
Profit Split80% up to 90%75% up to 95%

This table illustrates the key differences and similarities between FundedNext and Finotive Funding. FundedNext has a slightly higher Phase 1 Profit Target at 8% compared to Finotive Funding’s 7.5%. Both firms have identical targets for Phase 2 and equal maximum daily and overall loss limits. However, FundedNext requires a minimum of 5 trading days, whereas Finotive Funding imposes no minimum trading days. Both firms offer unlimited maximum trading periods for both phases. In terms of profit splits, FundedNext offers 80% up to 90%, while Finotive Funding’s range is from 75% up to 95%. This comparison highlights the subtle yet impactful differences between the two firms, allowing traders to make informed decisions based on their trading style and preferences.

Comparative Analysis: FundedNext vs. Blue Guardian (Elite)

When analyzing the trading objectives and conditions of FundedNext and Blue Guardian’s Elite program, it’s important to consider the similarities and differences in their trading requirements and benefits. This side-by-side comparison provides insights into how each firm caters to its traders.

Trading ObjectivesFundedNextBlue Guardian (Elite)
Phase 1 Profit Target8%8%
Phase 2 Profit Target5%4%
Maximum Daily Loss5%4%
Maximum Loss10%10%
Minimum Trading Days5 Calendar Days5 Calendar Days
Maximum Trading PeriodUnlimited for both phasesUnlimited for both phases
Profit Split80% up to 90%85%

Key observations from this comparison include:

  • Both FundedNext and Blue Guardian (Elite) set an 8% profit target for Phase 1, but Blue Guardian (Elite) has a slightly lower target of 4% for Phase 2, compared to FundedNext’s 5%.
  • The maximum daily loss allowed by FundedNext is 5%, whereas Blue Guardian (Elite) sets it at 4%.
  • Both firms have the same 10% maximum overall loss limit and require a minimum of 5 trading days.
  • Unlimited trading periods for both phases are offered by both firms, providing flexibility to traders.
  • When it comes to profit splits, FundedNext offers a range from 80% to 90%, while Blue Guardian (Elite) offers a fixed rate of 85%.

This comparative analysis sheds light on the specific offerings of FundedNext and Blue Guardian (Elite), aiding traders in making informed choices based on their individual trading goals and preferences.

Comparative Analysis: FundedNext vs. Alpha Capital Group

Comparing FundedNext with Alpha Capital Group in the realm of proprietary trading highlights the nuances and unique features of each firm’s trading objectives and conditions. This side-by-side comparison provides a clear view of how they stack up against each other.

Trading ObjectivesFundedNextAlpha Capital Group
Phase 1 Profit Target8%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss10%10%
Minimum Trading Days5 Calendar Days3 Calendar Days
Maximum Trading PeriodUnlimited for both phasesUnlimited for both phases
Profit Split80% up to 90%80%

In this comparison, both FundedNext and Alpha Capital Group share similar profit targets for Phase 1 and Phase 2, as well as identical maximum daily and overall loss limits. However, FundedNext requires a minimum of 5 trading days, while Alpha Capital Group sets this requirement at 3 calendar days. Both firms offer unlimited trading periods for both phases. Regarding profit splits, FundedNext offers a range of 80% to 90%, whereas Alpha Capital Group maintains a steady 80%. FundedNext also offers different models like the one-step Stellar challenge, with a 10% profit target for the evaluation phase and no maximum trading day requirements, but a minimum of 5 trading days. This model, along with the evaluation model, which is a two-phase program, stands out with its average profit targets and minimum trading day requirements, offering scaling plans as well. These comparisons help traders understand the specific offerings and trading conditions of FundedNext and Alpha Capital Group, guiding them to make choices that align with their trading strategies and goals.

Comparative Analysis: FundedNext vs. Funding Pips

Analyzing the trading objectives and conditions of FundedNext and Funding Pips sheds light on the distinct approaches and opportunities each proprietary trading firm offers to its traders. This side-by-side comparison is instrumental in understanding how they compare in various aspects of their trading programs.

Trading ObjectivesFundedNextFunding Pips
Phase 1 Profit Target10%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss10%10%
Minimum Trading Days5 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: 30 Calendar Days Phase 2: 60 Calendar DaysUnlimited for both phases
Profit Split80% up to 90%80% up to 90%

Key observations from this comparison are:

  • FundedNext sets a higher Phase 1 Profit Target of 10%, compared to Funding Pips’ 8%. However, both firms have the same Phase 2 Profit Target of 5%.
  • The maximum daily and overall loss limits are identical for both firms, set at 5% and 10% respectively.
  • FundedNext requires a minimum of 5 trading days, while Funding Pips does not impose a minimum trading days requirement.
  • A notable difference is seen in the maximum trading period. FundedNext specifies 30 calendar days for Phase 1 and 60 days for Phase 2, whereas Funding Pips offers unlimited trading periods for both phases.
  • Both firms offer a similar profit split range, from 80% to 90%.

This comparative analysis provides valuable insights into FundedNext and Funding Pips, highlighting their individual features and trading conditions. Such information is crucial for traders to determine which firm aligns best with their trading style and objectives.

Comparison Between FundedNext and E8 Funding

When comparing two prominent prop trading firms, FundedNext and E8 Funding, several key factors come into play. These include their trading objectives, profit targets, loss limits, trading period restrictions, and profit splits. Let’s delve into a detailed comparison to see how each of these aspects stacks up between the two firms.

Trading Objectives and Requirements

  • Profit Target for Phase 1: FundedNext sets it at 10%, while E8 Funding has a lower target of 8%.
  • Profit Target for Phase 2: Both firms have a target of 5%.
  • Maximum Daily Loss: Both firms allow a maximum daily loss of 5%.
  • Overall Maximum Loss: FundedNext imposes a 10% limit, whereas E8 Funding starts at 8% but allows scalability up to 14%.
  • Minimum Trading Days: FundedNext requires at least 5 calendar days of trading. In contrast, E8 Funding has no minimum trading day requirement.
  • Maximum Trading Period: For FundedNext, Phase 1 is limited to 30 calendar days and Phase 2 to 60 calendar days. E8 Funding offers more flexibility with no limits on the trading period for both phases.

Profit Split and Incentives

  • Profit Split: FundedNext offers a generous profit split starting at 80% and going up to 90%. E8 Funding maintains a steady 80% split across the board.

In summary, both FundedNext and E8 Funding have their unique advantages and requirements, making them suitable for different types of traders. While FundedNext seems to offer a higher potential profit split and more stringent trading objectives, E8 Funding provides more flexibility in trading periods and scalability in loss limits.

FundedNext vs True Forex Funds: A Comprehensive Comparison

When exploring the world of forex trading, the choice between different prop firms like FundedNext and True Forex Funds becomes crucial. These two firms have distinct features and policies, impacting a trader’s experience and potential success. Below is a detailed comparison covering various aspects of their trading objectives and program specifics.

Comparing Trading Objectives

  • Phase 1 Profit Target: FundedNext sets a higher bar with a 10% target, compared to True Forex Funds’ 8%.
  • Phase 2 Profit Target: Both firms aim for a 5% profit in Phase 2.
  • Maximum Daily Loss: They equally restrict daily loss to 5%.
  • Total Maximum Loss: Both firms allow a maximum loss of 10%.
  • Minimum Trading Days: Each requires trading for a minimum of 5 calendar days.
  • Maximum Trading Period: FundedNext limits Phase 1 to 30 calendar days and Phase 2 to 60, whereas True Forex Funds offers unlimited trading periods for both phases.

FundedNext’s Unique Features

FundedNext stands out with its Express model accounts, offering a one-phase evaluation program. This model requires traders to meet a 25% profit target under specific conditions:

  • Maximum Daily Loss: Set at 5%.
  • Total Maximum Loss: Capped at 10%.
  • Minimum Trading Days: At least 10 days are required.
  • Weekend Trading: Not allowed in the Consistency Express model.
  • News Trading: Prohibited during high-impact news releases for both Express model types.
  • Scaling Plan: Offers potential capital management up to $4,000,000.

Profit Split and Trader Support

In conclusion, FundedNext differentiates itself from leading prop firms by offering a variety of funding programs tailored to diverse trader needs. With its relatively flexible trading rules and unique Express model accounts, FundedNext emerges as an appealing choice for traders with varying strategies and goals.

Is Getting Funded with FundedNext Realistic?

For traders exploring opportunities with prop firms, a crucial consideration is the realism of meeting trading requirements. This evaluation becomes particularly relevant when assessing FundedNext, known for its variety of funding programs. The feasibility of fulfilling these requirements dictates the likelihood of successfully receiving capital.

Evaluating the Realism of FundedNext’s Trading Requirements

Understanding the practicality of FundedNext’s trading requirements involves analyzing the different funding models they offer:

  • Two-Step Stellar Challenge: With modest profit targets of 8% in phase one and 5% in phase two, coupled with standard maximum loss rules (5% daily, 10% total), achieving success in this model is quite feasible.
  • One-Step Stellar Challenge: This model presents a balanced scenario with an average profit target of 10% and reasonable loss limits (3% daily, 6% total), making it a realistic option for traders.
  • Evaluation Model: Featuring industry-standard targets (10% in phase one, 5% in phase two) and maximum loss parameters (5% daily, 10% total), this model aligns well with general trading practices.
  • Express Model: Despite a high profit target of 25%, the absence of maximum trading day limits enhances its feasibility. Traders can accumulate profits gradually, aligning with their strategy and pace. Additionally, the choice between Consistency and Non-consistency Express model accounts caters to different trading styles.

Conclusion: FundedNext as a Viable Option for Traders

Considering the above aspects, FundedNext emerges as an excellent choice for traders seeking funding. Its four distinct funding programs – Two-step Stellar, One-step Stellar, Evaluation, and Express – are designed with realistic trading objectives and conditions, enhancing the likelihood of receiving capital and succeeding in the forex trading arena.

Proof of Payments by FundedNext

Established on March 18, 2022, FundedNext has been operational for over a year, carving out a reputation as one of the fastest-growing and highly regarded proprietary trading firms in the industry. An essential aspect of their credibility lies in the proof of payments to their traders.

FundedNext Payment proof

Where to Find Payment Proofs for FundedNext

To validate FundedNext’s commitment to financially rewarding its traders, one can explore various platforms where payment proofs are readily available:

  • Instagram: Their official Instagram account frequently features posts with payout proofs, showcasing real-time payments to successful traders.
  • Discord Server: In the FundedNext Discord server, channels such as ‘payout-proof’ and ‘5-digit payouts’ are dedicated to sharing trader success stories and payment confirmations.
  • Telegram Channel: On their Telegram channel, you can find pinned posts containing examples of payouts, offering a glimpse into the financial rewards offered by the firm.

For a direct look at payment proofs, click on the image below: These varied sources of payment proofs not only attest to FundedNext’s reliability as a prop trading firm but also serve as a testament to their ongoing commitment to their traders’ financial success. FundedNext Payment proof FundedNext Payment proof

Brokers Used by FundedNext: A Focus on Eightcap

FundedNext, in its pursuit of offering top-tier trading services, collaborates with the broker Eightcap. This partnership reflects FundedNext’s commitment to providing traders with reliable and efficient trading platforms. FundedNext Which brokers do FundedNext use?

Eightcap: FundedNext’s Brokerage Partner

Eightcap, established in 2009 in Melbourne, Australia, is an ASIC-regulated broker recognized for its exceptional financial services. Their global presence is marked by offices in five locations and regulatory compliance in multiple jurisdictions, catering to a diverse clientele across various markets.

Key Features of Eightcap

  • Product Offerings: A range of trading options including Forex, CFDs, Cryptocurrency, and Social/Copy-Trading.
  • Tradeable Symbols: Offers a total of 326 tradeable symbols.
  • Forex Pairs: Availability of 45 Forex pairs for trading.
  • Account Types: Two main types – Raw and Standard, with differentiated fee structures.
  • Overnight Fee: An interest charge for holding positions overnight.

Trading Platforms and Technology

Eightcap’s technology prowess is evident in its exclusive focus on MetaTrader platforms:

  • MetaTrader Platforms: Offering both MetaTrader 4 and the advanced MetaTrader 5 platforms.
  • Awards and Recognition: Celebrated as the Best Global Forex MT4 Broker in 2020 at the Global Forex Awards.
  • FundedNext’s Server: FundedNext has its own dedicated server on MT5, known as the “GrowthNext Server”.

In summary, FundedNext’s partnership with Eightcap equips traders with advanced platforms and diverse trading options, backed by a broker with a considerable trust score and a global regulatory framework. This combination of technology and trustworthiness makes FundedNext a compelling choice for traders seeking robust trading infrastructure.

Trading Instruments Available with FundedNext

For traders associated with FundedNext, a diverse array of trading instruments is available. This variety caters to different trading preferences and strategies, offering leverage of up to 1:100.

Forex Pairs Offered by FundedNext

FundedNext provides an extensive range of Forex pairs, covering major, minor, and exotic currencies. The list includes:

  • AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/SGD, AUD/USD
  • CAD/CHF, CAD/JPY, CHF/JPY
  • EUR/AUD, EUR/CAD, EUR/CHF, EUR/HUF, EUR/JPY, EUR/NOK, EUR/NZD, EUR/PLN, EUR/TRY, EUR/USD
  • GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/NZD, GBP/USD
  • NZD/CAD, NZD/CHF, NZD/JPY, NZD/USD
  • SGD/JPY, USD/CAD, USD/CHF, USD/DKK, USD/HKD, USD/HUF, USD/JPY, USD/MXN, USD/NOK, USD/PLN, USD/SEK, USD/SGD, USD/THB, USD/TRY, USD/ZAR

Commodities and Indices on FundedNext

Besides Forex, traders can also engage in trading commodities and indices, adding versatility to their trading portfolio. Available options include:

  • Commodities: UKO/USD, USO/USD, XAU/USD, XAG/USD
  • Indices: FRA40, EUSTX50, JPN225, NDX100, SPX500, UK100, US2000, USDX, VIX, AUS200, GER30, HK50, US30

With this broad spectrum of trading instruments, FundedNext offers traders the flexibility to diversify their trading strategies across different markets and asset classes.

Understanding Trading Fees with FundedNext

For traders utilizing the FundedNext platform, it’s crucial to comprehend the fee structure associated with trading. FundedNext’s fee system is straightforward, encompassing trading commissions and spreads across various asset classes.

Trading Commission Structure

FundedNext’s trading commission varies based on the asset class:

  • Forex: A charge of 3 USD per lot.
  • Commodities: Also at 3 USD per lot.
  • Indices: No commission charged.

Spread Details

To gain an accurate understanding of the live spreads, FundedNext provides a way to log into trading accounts. This can be done through:

PlatformServerLogin NumberPasswordDownload Platform
MetaTrader 4Incenteco-Live123456FN2022Click here
MetaTrader 5Growthnext-Server123456FN2022Click here

Note: The above table is a demonstration. The actual login credentials and platform links will be available once you sign up with FundedNext. In summary, FundedNext’s fee structure, encompassing both commission and spreads, is designed to be transparent and easy to understand, ensuring traders can effectively manage their trading costs.

Educational Resources and Support at FundedNext

FundedNext is committed to not only providing trading opportunities but also ensuring that its traders are well-educated and supported throughout their trading journey. This approach is vital in fostering a knowledgeable and skilled trading community.

FundedNext Education & Support for traders

Prop Trader Secrets: An Educational E-book

FundedNext offers an insightful e-book titled “Prop Trader Secrets,” available through a free dashboard signup. This resource is aimed at enhancing traders’ knowledge and skills, covering various aspects of prop trading.

Weekly Trading Psychology Sessions

Recognizing the importance of mental resilience and strategy in trading, FundedNext conducts weekly trading psychology sessions. These sessions are hosted on Twitter Space, providing interactive and accessible learning opportunities.

Interactive Community Engagement

FundedNext engages with its community through various platforms:

  • Forex Factory Thread: A dedicated thread on Forex Factory allows users to discuss details about the firm, share experiences, and learn from each other.
  • Well-Structured Dashboard: All clients have access to a structured dashboard that facilitates effective risk management and provides a clear overview of their trading statistics.

Through these educational and support mechanisms, FundedNext not only equips its traders with the necessary tools and knowledge for success but also fosters a community where traders can learn, grow, and share insights. FundedNext Education & Support for traders FundedNext Education & Support for traders

Traders’ Feedback on FundedNext

As a significant player in the prop trading industry, FundedNext has garnered substantial attention and feedback from its trading community. This feedback is crucial in understanding the firm’s impact and reputation among its users. FundedNext Traders’ Comments about FundedNext

Community Reviews and Trustpilot Rating

Since its launch on March 18, 2022, FundedNext has achieved a remarkable Trustpilot rating of 4.7 out of 5, based on 7,566 reviews. This high rating, especially over a relatively short period, underscores the firm’s rapid growth and positive reception in the trading community.

Highlights of Traders’ Comments

FundedNext’s community consistently highlights several key aspects of their experience:

  • Responsive Customer Support: Traders frequently commend the customer support team for their promptness and helpfulness, contributing significantly to a positive trading experience.
  • Well-Structured Dashboard: The dashboard provided by FundedNext is often praised for its ease of use and effectiveness in allowing traders to monitor their progress and manage their trades efficiently.

The combination of strong community reviews and specific positive feedback about customer support and the dashboard’s functionality illustrates FundedNext’s commitment to providing a supportive and efficient trading environment for its users. FundedNext Traders’ Comments about FundedNext

FundedNext’s Presence on Social Media

In today’s digital age, a strong social media presence is crucial for businesses to connect with their audience. FundedNext effectively leverages various social media platforms to engage with its community and provide updates, insights, and support.

FundedNext’s Social Media Reach and Engagement

FundedNext’s social media statistics are a testament to its growing popularity and engagement within the trading community:

  • Facebook: Their page boasts 54,000 followers, indicating a robust presence and a large community of engaged users.
  • Twitter: With 34,000 followers, FundedNext uses Twitter to provide timely updates and interact with its audience.
  • Instagram: The firm’s Instagram account has attracted 30,000 followers, showcasing its reach in the visually-driven platform.
  • YouTube: The YouTube channel features 154 uploaded videos and has 26,000 subscribers, highlighting the firm’s commitment to providing valuable video content.

Active Communities on Telegram and Discord

FundedNext’s engagement extends to messaging and community platforms:

  • Telegram: Their Telegram channel has 12,000 members, serving as a platform for instant updates and community discussions.
  • Discord: With 45,000 members on their Discord channel, FundedNext fosters a vibrant community where traders can interact, share experiences, and gain insights.

Through its diverse and active social media channels, FundedNext not only reaches a wide audience but also creates spaces for education, support, and community building among traders.

Support Services at FundedNext

Effective support services are essential for a seamless trading experience. FundedNext recognizes this need and offers various support channels to assist its traders promptly and efficiently. FundedNext Support

Comprehensive FAQ Page

FundedNext’s FAQ page serves as a primary resource for information, addressing a wide range of queries related to trading, accounts, and policies. This page is designed to provide immediate answers to common questions, enabling traders to quickly find solutions.

Accessible Customer Support Team

The support team at FundedNext is reachable through multiple channels:

  • Social Media: Traders can interact with the support team via FundedNext’s various social media platforms.
  • Email Support: Direct email support is available at support@fundednext.com, ensuring personalized assistance.
  • 24/7 Live Chat: For instant help, FundedNext offers around-the-clock live chat support on their website.
  • Support Tickets: Traders can submit queries through support tickets. Click here to write a ticket on their website.

With these varied support options, FundedNext ensures that traders have access to timely and effective assistance, enhancing their overall trading experience.

Conclusion: FundedNext’s Position in the Proprietary Trading Industry

As a relatively new entrant in the proprietary trading sector, FundedNext has rapidly established itself as a reliable and flexible option for traders worldwide. Their range of trading programs and straightforward rules cater to a wide spectrum of trading styles and objectives.

Overview of FundedNext’s Trading Programs

FundedNext offers diverse trading models, each designed to suit different trader needs:

  • Two-Step Stellar Challenge: Requires completion of two phases with realistic profit targets of 8% in phase one and 5% in phase two. It offers profit splits ranging from 80% to 90% and allows account scaling.
  • One-Step Stellar Challenge: A single-phase challenge with a 10% profit target. Traders need to adhere to a 3% maximum daily and 6% maximum loss limit, with similar profit split opportunities as the two-step model.
  • Evaluation Model: An industry-standard two-phase challenge with profit targets of 10% and 5% in the first and second phases, respectively. It also provides favorable profit splits and scaling options.
  • Express Model: A one-phase challenge with a 25% profit target. It offers a choice between Consistency and Non-consistency models and boasts a profit split ranging from 60% to 90%, with no maximum trading day limitations.

FundedNext: A Recommended Choice for Traders

Considering its comprehensive offerings, FundedNext is highly recommended for traders seeking a trustworthy prop firm. Its straightforward rules, diverse trading models, and commitment to trader success make it an excellent choice, particularly for those looking to leverage unique trading strategies. Despite being new in the industry, FundedNext has proven its reliability and stands out as one of the leading proprietary trading firms currently in the market.

Get Funded
Up to $4m
5% Off when you sign-up with our link and apply code: APTF

10.0
Fees
9.0
Easy of Evolution
9.0
Trading Conditions
10.0
Profit Sharing Model
9.5 Overall Rating

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