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Where are you located?

FundedNext is a global proprietary trading platform with its headquarters situated in the United Arab Emirates (UAE). While based in the UAE, FundedNext is actively conducting operations in both the UAE and Bangladesh. https://prnt.sc/QX2UeH4QrsV- ​​FundedNext Headquarters Location: Office No- 7, AI Robotics HUB, C1 Building, AFZ, Ajman, United Arab Emirates (UAE)

Is FundedNext regulated?

FundedNext is a registered trademark in the UAE and is officially based in Ajman, UAE. It operates under a distinctive framework and is not subject to conventional financial regulations. ​ It's important to note that FundedNext doesn't handle client funds or conduct trading on behalf of the public. Due to this unique aspect, the usual regulatory requirements for firms dealing with client funds or providing trading services to the general public don't apply to FundedNext. ​ If you're wondering whether FundedNext is required to comply with regulatory oversight in the jurisdictions of the United States or Canada, you need to not worry as FundedNext is not providing any service to clients from the USA. You can find relevant information in the article here. https://help.fundednext.com/en/articles/8320393-is-fundednext-regulated-under-usa-or-canadian-jurisdiction

Is FundedNext regulated under USA or Canadian jurisdiction?

FundedNext operates within the regulatory framework of the United Arab Emirates (UAE). As a result, FundedNext's services remain unaffected by regulatory actions in Canada, ensuring traders can continue trading with confidence while maintaining the policies of the platform. We are committed to providing our traders with top-notch support and upholding the highest standards of service.

Why should I join FundedNext?

FundedNext believes that choosing the right prop trading firm is essential for achieving success in a trader's trading endeavors. Here are eight compelling reasons for traders to consider joining FundedNext and experiencing its unique benefits: 15% Profit Share: FundedNext proudly offers an outstanding 15% Profit Share on profits earned during the Challenge Phases, designed to reward our top traders while ensuring exceptional payout bonuses. Traders will enjoy a 15% Profit Share upon achieving 5% growth in both the Stellar 2-Step and Evaluation FundedNext Accounts. ​ With the FundedNext Express Challenge, traders can start earning from the very first month. In the Challenge Phase, traders will earn 15% of the profit generated in each Trading Cycle. ​ For those in the Stellar 1-Step FundedNext Account, a 10% growth is required to unlock the same generous profit share. ​ Reward Bonus: Upon successfully completing the Challenge Phase and receiving your FundedNext Account, you become eligible for a Reward Bonus on your first payout. This bonus must be requested as part of your payout. For most accounts, the Reward Bonus can be requested with your first payout. However, for the Stellar Lite Account, the Reward Bonus will be available after your third payout, and must be requested at that time. The Reward Bonus is equivalent to the subscription fee. ​ No Time Limit: Bid farewell to tight deadlines as FundedNext removes time constraints from most Challenges, allowing traders to operate at their own pace and unleash their full potential. For example, there is no time limit on all the available Account Models, except for Evaluation Model. ​ Balance-Based Drawdown: FundedNext calculates the maximum daily drawdown based on account balance, ensuring a fair and reliable assessment of trading performance. To illustrate, if the initial account balance is $100,000, drawdowns will be computed relative to this initial balance of $100,000. ​ Brand promise: FundedNext's Brand promise is a dedicated commitment to our traders, embodying the core of our values and the rigorous standards within the proprietary trading industry. It is a comprehensive pledge that includes guaranteed Payouts, fast processing times, and a guarantee of compensation in the rare event of a delay. ​ Pro Support Team: Traders receive support from FundedNext's Pro Support Team, comprising experienced professionals dedicated to assisting with any issues or queries. ​ Various Trading Platforms: FundedNext offers a wide range of trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader, allowing traders to choose according to their convenience. ​ News Trading Allowed: Traders are free to trade during news time at FundedNext. However, the risk of trading during news time should be kept in mind. ​ Lowest Commission: FundedNext offers the best Commission rates in the market. FundedNext cares about the trader's profit and wants to make sure the trader's profit is maximized in the best possible way.

How do I claim the 15% Profit Share?

FundedNext traders are eligible for a 15% Profit Share from the Challenge Phase with their payout, provided they meet specific growth targets by the end of the Trading Cycle in their FundedNext Account. This rule applies to all traders participating in the FundedNext Challenge, with the exception of the Stellar Lite Account model. Stellar 1-Step FundedNext Account: Traders must achieve a 10% growth to qualify for the 15% Profit Share from the Challenge Phase. Stellar 2-Step FundedNext Account: Traders must achieve a 5% growth to receive the 15% Profit Share from the Challenge Phase. Evaluation FundedNext Account: Traders must achieve a 5% growth to receive the 15% Profit Share from the Challenge Phase. Express Challenge Account: With the FundedNext Express Challenge, traders can start earning from the very first month. In the Challenge Phase, traders will earn 15% of the profit generated in each Trading Cycle. It's important to note that eligibility for the 15% Profit Share is determined by the cumulative growth in the FundedNext Account. For example, if a trader achieves a 2% growth in one Trading Cycle, they would need to achieve an additional 3% growth in the following cycle to meet the 5% requirement for the 15% Profit Share from the Challenge Phase. https://prnt.sc/V-r6stTMlE-O

What do you mean by no time limit?

FundedNext's Stellar and Express Models offer traders the freedom to pursue their profit targets in the Challenge Phase without any time constraints. This flexibility allows traders to use their strategies effectively and pass the Challenge at their own pace. However, the Evaluation Model is subject to a time limit in the Challenge phase. For further details regarding the time constraints associated with the Evaluation account Model, please refer to the link here. https://help.fundednext.com/en/articles/8019432-how-many-days-will-i-have-to-complete-phase-1-and-phase-2-of-the-evaluation-challenge

What is Balance-Based Drawdown?

FundedNext offers Balanced-Based Drawdown, which calculates drawdowns based on the starting balance of a trading account. For example, if an account starts with $100,000, drawdowns are measured relative to this initial balance, irrespective of daily fluctuations. Watch our explanatory video for a clearer understanding! Click here to view. https://www.youtube.com/watch?v=1AiYFnR8Ta8

What is the difference between Balance-Based Drawdown and Equity-Based Drawdown?

Balance-Based Drawdown and Equity-Based Drawdown are two distinct methods for managing risk in trading. They differ in how they consider your trading account balance and when they trigger your loss limit. Balance-Based Drawdown: Regarding the balanced-based drawdown, it means that the drawdown is calculated based on the initial balance of the trading account. For example, if you have an account of $100,000, the drawdowns will be calculated on the initial balance, which is $100,000. Equity-Based Drawdown: This method considers your current account balance, including any profits you've earned or potential losses you might incur in real time. It's like constantly checking your trading account every time you earn or loss any trades throughout the day. In simpler terms, Balance-Based Drawdown is like a snapshot at the start and end of the day, while Equity-Based Drawdown is continuously updated. To make these concepts clearer, let's explore them through three scenarios: Scenario 1: You have a trading account with $100,000 and a daily loss limit of 5% of your account size, which is $5,000. During the day, your open trades are running or floating at a loss of $5,000. Balance-Based Drawdown: With the Balance-Based Drawdown method, it's like having a daily budget of $5,000 in your account when you start your trading day. Now, your open trades start showing a loss of $5,000 during the day. The moment your trades reflect this $5,000 loss, you've reached your Daily Loss Limit. With this method, you can't afford to lose more money for the day. It's similar to having a fixed loss limit for the day, and as soon as your trading losses reach that loss limit, it will be considered as a violation of the daily drawdown. Equity-Based Drawdown: Equity-Based Drawdown operates differently. It treats your account balance as a balance that keeps changing, updating each time you make a profit or suffer a loss. At the beginning of the day, you had $100,000 in your account. As your open trades accumulate a $5,000 loss, your account balance drops to $95,000. With Equity-Based Drawdown, it doesn't wait until your losses exceed your initial daily loss limit. Instead, it checks your account balance in real-time. The moment your trades reflect this $5,000 loss your daily loss limit touches and you can't spend more for the rest of the day. Conclusion: In this scenario, both the Balance-Based and Equity-Based methods lead to the same outcome. The trader reaches the Daily Loss Limit immediately upon facing a floating loss of $5,000 Scenario 2: You have a trading account with $100,000 and a daily loss limit of 5% of your account size, which is $5,000. You begin the day with a $100,000 trading account balance. During the day, you make a profit of $1,000. At the same time, you have some trades that are running into a $5,000 floating loss. Balance-Based Drawdown: You have a $100,000 account, the maximum daily loss limit is $5,000, and you have gained $1,000 in profit on that day. In such case, you will be allowed to lose $1,000 (your profit) + $5,000 (your daily loss limit) = $6,000 for that day only. The next day your daily loss limit will reset and will be calculated on the initial balance which is $100k. So, on that day even if you lose $5,000 you will still have a $1,000 permitted loss. Equity-Based Drawdown: Equity-Based Drawdown operates differently. It treats your account balance as a balance that keeps changing, and updating each time you make a profit or suffer a loss. You started the day with $100,000 in your account. As you make a $1,000 profit, your account now holds $101,000. However, you also have those potential expenses (the $5,000 loss) looming. Here, your equity-based drawdown is approximately 4.95% ($101,000-$5,000), which is just under your daily loss limit of 5%. This means that, even though you have some losing trades, you haven't yet reached your daily loss limit, thanks to the profit you made on other trades. Conclusion: The crucial difference here is how these methods handle your account balance. Balance-Based Drawdown sticks to the original account balance until the end of the day, while Equity-Based Drawdown keeps your account balance updated throughout the day. This real-time monitoring can impact you when you reach your Daily Loss Limit, affecting your trading decisions based on your current financial situation. Scenario 3: You have a trading account with $100,000 and a daily loss limit of 5% of your account size, which is $5,000. But yesterday, you made a loss of $1,000. Now, you started a new day with $99,000 in your trading account. Balance-Based Drawdown: This method gives you a fresh start every day, no matter what happened yesterday. It doesn't matter if you lost money yesterday because today is a new day. You can lose up to $5,000 today before hitting the Daily Loss Limit. Equity-Based Drawdown: Equity-Based Drawdown remembers yesterday's loss. So, because you're starting the day with $99,000 (after subtracting yesterday's loss), your Daily Loss Limit for today is $4,950. Conclusion: Again, the Balance-Based Drawdown method provides a bit more wiggle room before reaching the Daily Loss Limit. It disregards previous losses and allows traders a fresh start each day, providing flexibility to manage positions. In contrast, Equity-Based Drawdown considers previous losses when calculating the Daily Loss Limit, which can constrain trading activities based on past performance. From the above scenarios, it is evident that the Balance-Based Drawdown is better for trading compared to Equity-Based Drawdown. At FundedNext, the drawdown is calculated as Balanced-Based Drawdown.

What is the Spread of the trading account?

At FundedNext, we commit to offering traders the lowest possible Spread, surpassing even the typical rates of ECN accounts. For a comprehensive view of our Spreads, please take a look at this. https://fundednext.com/symbols?_gl=1*x777ny*_gcl_au*MTc4NDQzNjcwMi4xNzI3ODQ1NjA4*_ga*ODQ5OTEyLjE3Mjc4NDU2MDg.*_ga_6SQKKR64XD*MTcyOTU2OTg5NS40Mi4xLjE3Mjk1NzEzNDYuNDYuMC4w Please refer to the image below for the Spread of the trading platform: https://prnt.sc/vGf2XtQvhAGJ To access live Spread data on our trading platform, you can log in using the following credentials: MetaTrader 4 [FundedNext] Login ID: 123456 Password: FN2022 Server ID: FundedNext-Server MetaTrader 5 [FundedNext] Login ID: 123456 Password: @Fn2022* Server ID: FundedNext-Server

What is the Commission of the trading account?

A commission refers to a fee traders pay for each trade they make using the firm's capital. This cost is deducted from the trader's profits before the earnings are split between the trader and the firm. In forex markets, prop trading firms may charge a commission based on the volume traded. At FundedNext, traders are provided with a simulated market. To ensure traders receive an experience close to real market conditions, FundedNext offers some of the best commission rates in the prop trading industry. Our competitive rates provide traders with the advantage of maximizing profitability, all the while ensuring transparent and equitable trading costs. Please refer to the image below for details about the commission of our different instruments:https://prnt.sc/hiS--_s7GRlh

Are any countries restricted on FundedNext?

FundedNext values its diverse community of traders around the world. While its aim is to provide equal trading opportunities to individuals worldwide, due to certain constraints, FundedNext has decided to restrict access to its services for residents of certain countries. As of now, residents of Bangladesh, North Korea, Syria, the United States, American Samoa, Puerto Rico, Grenada, Chad, Belize, Antigua and Barbuda, Cape Verde, Tuvalu, Vietnam, Bouvet Island, Burundi, Cook Islands, Eritrea, Comoros, and Fiji are not able to access FundedNext's trading platform. Please refer to the image below for information on the restricted countries: https://prnt.sc/n9c58AJBhz8R The decision to implement these restrictions is based on careful consideration of several factors. FundedNext's primary goal is to ensure an optimal trading experience for our global users, and this decision aligns with that objective.

What is FundedNext's Brand Promise?

Get Paid in 24 Hours or get paid $1000 Extra! ​ FundedNext's Brand promise encompasses guaranteed Payouts, fast processing times, and compensation in case of rare delays. It's a commitment to prioritize traders' success through actions, not just words. Here's what it entails: Guaranteed Payouts: Traders receive their earnings when they meet set targets. It's a simple agreement: fulfill Payout conditions, and earnings are secured for Payout. Timely Processing: Payout requests are processed within 24 hours. Submit a request today, and we'll disburse the Payout within the next 24 hours like clockwork. $1000 Compensation Promise: In rare cases of delayed disbursements beyond 24 hours, FundedNext adds $1000 to the Payout. It's a serious commitment, demonstrating our accountability beyond mere apologies. End of Timeframe: The timeframe concludes once FundedNext initiates Payout transfer to the trader's chosen method. Upon completion, traders receive a confirmation email with a Payout screenshot as proof. In Case of Delays: If there is any delay in this process and the 24-hour timeframe is not met, FundedNext activates the $1,000 compensation, adding an additional $1,000 to the trader's Payout. This gesture underscores our commitment to honoring our promise. https://prnt.sc/sEvHYv48PtwL While FundedNext strives for prompt Payouts, longer processing times may occur due to incorrect Payout methods or addresses provided by traders. In such instances, FundedNext will reach out within 24 hours to address the issue. However, it's essential to note that FundedNext cannot assume responsibility for delays exceeding 24 hours under these circumstances. Are Partial Payouts also eligible for the FundedNext Brand promise? FundedNext's Brand promise does not apply, if a trader's Payout Is on hold or being processed manually. For instance, if a trader receives an email from the Trading Ethics & Standards Team stating a specific Payout date, compensation cannot be claimed. The reason for ineligibility will be clearly stated in the email, which varies depending on each trader's unique strategy. Similarly, if a trader provides incorrect Payout Information requiring manual processing by the Payout Team, they are not eligible for that specific Payout.

Can you explain the $1,000 compensation promise of FundedNext's Brand Promise?

The $1,000 compensation promise underscores FundedNext's dedication to timely Payouts, assuring traders that punctuality is paramount. In the rare event of a delay, this pledge ensures traders aren't just acknowledged but also compensated. Here's how it operates: Compensation Trigger: The $1,000 compensation applies if FundedNext fails to process a Payout request within the committed 24-hour timeframe. This additional Payment exemplifies FundedNext's commitment to delivering outstanding service and reliability. It's not just about rectifying a delay; it's about exceeding expectations to ensure the satisfaction of FundedNext traders.

When will the countdown for the 24-hour payout period begin?

FundedNext's 24-hour Payout period begins when a trader submits a Payout request. Here's how it works: Upon submission of a Payout request, the 24-hour countdown begins. Traders should note that if the Trading Cycle ends without any Payout requests, automatic Payouts won't proceed. The countdown starts only when a trader initiates a Payout request. For example, if a trader requests a Payout on January 24th at 7:24 (GMT+3), FundedNext ensures the Payout by January 25th at 7:23 (GMT+3) to meet the 24-hour promise. Within this timeframe, FundedNext processes the Payout, ensuring the Profit Share is sent to the trader's designated method. Traders will receive a confirmation email from FundedNext with a screenshot as proof once the Payout Is completed. However, the actual arrival of the Profit Share depends on the processing times of the chosen Payout method. This 24-hour period reflects FundedNext's commitment to swift Payouts, respecting traders' time and efforts in achieving their goals.

What happens if a trader's trading activity doesn't meet FundedNext's rules?

FundedNext operates with a commitment to integrity and fair play. If it is discovered that a trader's actions fall outside of FundedNext's trading standards after they have become eligible for a Payout, here's how the situation is handled: Honor the Payout: FundedNext will still honor a certain percentage of the Payout based on the severity of abusive activity. This decision is based on the principle of respecting the time and effort the trader has invested up to the point of Payout eligibility. Review and Action: Following the Payout, FundedNext will review the trader's trading activities. Depending on the severity of the violation, appropriate measures will be taken in accordance with the terms of service. Transparency and Fairness: FundedNext is dedicated to transparency and fairness. In the event of any such occurrences, communication with the trader will be clear and supported by relevant proofs. Any actions taken will be justly carried out. https://prnt.sc/MJHSbSTjnZlp This approach underscores FundedNext's dedication to upholding a balanced and equitable trading platform where success is rewarded while maintaining the highest standards of trading conduct.

What is the timeframe for FundedNext to process payouts?

FundedNext commits to processing Payouts within a 24-hour timeframe. Here's what it entails: Start of Timeframe: The 24-hour period begins when a trader initiates a Payout request. During the Timeframe: FundedNext's operations team works within these 24 hours to process the Payout, completing all internal checks and preparations for the transfer. End of Timeframe: The timeframe ends once FundedNext initiates the Payout transfer and completes it. Traders receive a confirmation email with a Payout screenshot as proof. In Case of Delays: If the 24-hour timeframe isn't met and a delay occurs, traders receive a $1,000 compensation added to their Payout. FundedNext's swift Payout processing underscores their commitment to exceptional service and supporting traders' financial success. It is important to note that delays in processing Payouts may occur if traders provide incorrect payout methods or addresses. In such cases, FundedNext will contact clients within 24 hours to resolve the issue. However, FundedNext will not assume responsibility if the Payout exceeds the 24-hour timeframe due to incorrect information provided by the trader.

What will be my Profit Share from the Stellar Lite Challenge?

FundedNext doesn't offer any Profit Share from Challenge phase in the Stellar Lite Plan. It means traders won't get any 15% Profit Share from the Challenge phase of the Stellar Lite Plan. However, upon reaching the FundedNext Account, traders will get an 80% Profit Share and can be eligible for a 90% Profit Share through Scale-Up. https://help.fundednext.com/en/articles/8019659-does-fundednext-offer-a-scale-up-plan For example, if a trader has a $100,000 Stellar Lite Account, the trader won't receive any Profit Share from the Challenge phase. However, the trader will receive a 80% Profit Share upon reaching the FundedNext Account.

What is the Profit Target of the Stellar Lite Challenge?

The profit targets for the Stellar Lite Challenge are as follows: Stellar Lite Challenge Phase 1: 8% profit target, no time limit Stellar Lite Challenge Phase 2: 4% profit target, no time limit FundedNext Account: No profit target ​ Please refer to the below image for details about the Profit Target of the Stellar Lite Challenge Phase: https://prnt.sc/jk_4x33rPvMx

How many days will I get to complete Phases 1 & 2 of the Stellar Lite Challenge?

There are no time restrictions for completing both Phase 1 and Phase 2 of the Stellar Lite Challenge. Traders have the freedom to take as much time as they need to fulfill the requirements of each phase.

What rules do I need to follow in the Stellar Lite Challenge?

To ensure a successful trading journey in the Stellar Lite Challenge, it's essential to adhere to the following guidelines and restrictions: Maximum Daily Drawdown: Traders are allowed a maximum daily drawdown of 4% of their initial account balance. To get more information regarding the maximum daily drawdown, kindly click here. https://help.fundednext.com/en/articles/8019914-what-is-your-daily-drawdown-limit Maximum Overall Drawdown: The overall maximum drawdown permitted is 8% of the initial account balance. This means the account balance or equity cannot drop below 92% of the initial balance at any time. To get more information regarding the maximum overall drawdown, kindly click here. https://help.fundednext.com/en/articles/8019915-what-is-your-overall-drawdown-limit Minimum Trading Days: Traders are required to execute a minimum of 5 individual trades on 5 separate days throughout the Stellar Lite Challenge. Consecutive trading days are not mandatory. To get more information regarding minimum trading days, kindly click here. https://help.fundednext.com/en/articles/8019803-are-there-any-minimum-trading-days-in-fundednext-challenges Copy Trading: Traders can engage in copy trading from their own FundedNext Accounts, prop firms, or retail brokers. However, copying trades from accounts not owned by the same individual, including those of relatives or friends, is strictly prohibited. To get more information regarding copy trading, kindly click here. https://help.fundednext.com/en/articles/8019805-what-is-the-copy-trading-rule-in-fundednext IP Address: FundedNext strives to ensure a secure trading environment for all of our traders. To avoid any complications related to IP addresses, it is highly recommended that traders use a single device with a unique IP address during their trading activities on our platform. To get more information regarding IP address, kindly click here. https://help.fundednext.com/en/articles/8019807-can-i-trade-from-multiple-ip-addresses VPN/VPS Service: Traders can use VPN and VPS services for platform access. Paid VPNs and VPS services with dedicated IP addresses are recommended to ensure consistency and security. To get more information regarding VPN/VPS service, kindly click here. https://help.fundednext.com/en/articles/8019923-am-i-allowed-to-use-a-vpn-or-vps EAs/Indicators: Traders are permitted to use Expert Advisors (EAs) and indicators to enhance their trading strategies, ensuring parameters are tailored to their individual trading styles and accounts. To get more information regarding EAs/Indicators, kindly click here. https://help.fundednext.com/en/articles/8020763-do-you-allow-eas-indicators Restricted Trading Strategies: Any form of cheating or exploitation of the platform is strictly prohibited and goes against FundedNext's Terms of Service (TOS). Traders should thoroughly review and understand the TOS to avoid unintended consequences. To get more information regarding restricted trading strategies, kindly click here. https://help.fundednext.com/en/articles/8020351-what-are-the-restricted-prohibited-trading-strategies-at-fundednext ​Please refer to the below image for the rules needed to be followed in Stellar Lite Account: https://prnt.sc/k8m_IchHQ2s0

Can I Reset my Stellar Lite Phase 2 account?

Traders will have the option to Reset their account in Phase 2 of their Challenge Account allowing them to restart their trading journey smoothly with FundedNext. However, it's crucial to understand that: Choosing to Reset in Phase 2 entails restarting the journey from Phase 1 again. ​ When a Reset is requested for Phase 2, a new Challenge Account will be provided, initiating from Phase 1.

Can I receive the FundedNext Account if I achieve the Profit Target in less than 5 days?

Traders are required to complete a minimum of 5 trading days in each Challenge Phase even if they achieve the profit target earlier. For instance, if a trader attains the profit target in a Phase 1 Stellar Lite $50,000 Account within 3 days, they must trade for an additional 2 days to fulfill the Challenge Phase requirements. To fulfill these days, the trader can initiate a trade of 0.01 lot. Following the server Reset time on the 5th day, the trader will receive a notification to progress to the next phase. If a trader successfully reaches the 8% profit target in their Stellar Lite Phase 1 within 5 days by adhering to all rules, they become eligible for a Stellar Phase 2 account. Similarly, if a trader accomplishes the 4% profit target in their Stellar Lite Phase 2 Challenge within 5 days, while complying with all rules, they qualify for a FundedNext Account.

What happens after I pass each Challenge Phase of the Stellar Lite Challenge?

Once a trader successfully reaches the profit target after trading for at least 5 days in Phase 1 of the Stellar Lite Challenge, a button labeled "Next Phase>>" will appear on their account Dashboard. By clicking on this button, the trader will immediately gain access to a Phase 2 account. ​ Alternatively, if a trader does not click the Next Phase button, the Phase 2 account will automatically appear on their Dashboard the following day. Please refer to the image below for details on advancing to the next phase: https://prnt.sc/Gla3Uqo9UHRv After successfully completing Phase 2 of the Stellar Lite Challenge, the system will perform an automatic profit check at the end of that particular trading day. If the trader has complied with all the rules and has achieved the profit target, a pop-up message will appear on the trader's Dashboard. This message will grant the trader access to the verification center, where they can proceed with the KYC verification process. Once the trader has completed the verification, it will take approximately 24-48 hours for FundedNext to provide them with their FundedNext Account. For more information regarding the required KYC documents, kindly click here: https://help.fundednext.com/en/articles/8020264-when-will-i-have-to-submit-the-kyc-documents For more information regarding the KYC submission process, kindly click here: https://help.fundednext.com/en/articles/8020293-how-can-i-complete-the-kyc-verification-process

Is News Trading allowed in the Stellar Lite Account?

Yes, News Trading is permitted in all available account Models in FundedNext, excluding the Express Model. However, traders are encouraged to take into account certain considerations when engaging in trading during news hours: https://prnt.sc/W7oL_Klwg7UJ If a trader decides to initiate trades during news hours, FundedNext cannot be held responsible for any resulting consequences.

Is there a Minimum Trading Day requirement and Profit Target in the FundedNext Phase of the Stellar Lite Model?

In the FundedNext Phase of the Stellar Lite Challenge, there is no Profit Target or Minimum Trading Day requirement; however, a specific Trading Cycle applies. After receiving the FundedNext Account, traders’ Profit Share increases to 80%. The first payout occurs after 21 days, followed by subsequent payouts every two trading weeks (14 days). Additionally, during the third payout, traders may request a Reward Bonus equivalent to the subscription fee. Once all Scale-Up criteria are met, the Profit Share increases to 90%. For example, let’s consider a trader whose first Trading Cycle spans from May 1st to May 21st. If they earn a $3,000 profit, after the server reset on May 21st, they can withdraw 80% of their profit ($2,400). Starting with the second payout, profits can be withdrawn every 14 days. Assuming the trader begins trading on June 1st, their second Trading Cycle would span from June 1st to June 14th, after which they can withdraw their profits. During the third payout, they can request the Reward Bonus amount to be added to their payout.

When do I get the Reward Bonus in the Stellar Lite Model?

Once a trader receives their FundedNext Account in the Stellar Lite Model, they will receive a Reward Bonus equal to the purchase price of their account with their 3rd Payout. If a Reset was made during the Challenge Phase, the trader will receive a Reward Bonus of their last Reset fee, not the account purchase fee. ​ For example, if a trader purchases a Stellar Lite Model for $32 and progresses to the FundedNext Phase, they will receive a $32 Reward Bonus with their 3rd Payout. On the other hand, if a trader Resets their account during the Challenge Phase, they will receive a Reward Bonus equivalent to the Reset fee instead.

What is the Trading Cycle Count in my Stellar Lite FundedNext Account?

The trader's first Trading Cycle lasts for 21 days, and they receive their first Payout after this period. Following that, each Trading Cycle is two weeks (14 days) long, with a Payout afterward. ​ For example, if the trader's cycle begins on August 1st, it ends on August 21st. Then, the next 14-day Trading Cycle starts on August 22nd and ends on September 4th. ​ It's important to understand that the trader's Trading Cycle is 14 days only if they've made a profit and can request a Withdrawal in the previous cycle. This option becomes available after receiving the first Payout In the account.

What rules do I need to follow in the Stellar 1-Step Challenge?

To ensure success in the Stellar 1-Step Challenge, it's crucial to follow these guidelines and restrictions: ​ Maximum Daily Drawdown: Limited to 3% of the initial account balance per day. To get more information regarding the maximum daily drawdown, kindly click here: https://help.fundednext.com/en/articles/8019914-what-is-your-daily-drawdown-limit Maximum Overall Drawdown: Permitted up to 6% of the initial balance, ensuring the account doesn't fall below 94% of the initial balance. To get more information regarding the maximum overall drawdown, kindly click here: https://help.fundednext.com/en/articles/8019915-what-is-your-overall-drawdown-limit Minimum Trading Days: A minimum of 2 individual trades on 2 separate days is required, with no need for consecutive trading days and no maximum limit on trades. ​ To get more information regarding minimum trading days, kindly click here: https://help.fundednext.com/en/articles/8019803-are-there-any-minimum-trading-days-in-fundednext-challenges Copy Trading: Allowed within accounts owned by the same individual but strictly prohibited between accounts not owned by the same person. To get more information regarding copy trading, kindly click here: https://help.fundednext.com/en/articles/8019805-what-is-the-copy-trading-rule-in-fundednext IP Address: Recommended to use a single device with a unique IP address for secure trading. To get more information regarding IP address, kindly click here: https://help.fundednext.com/en/articles/8019807-can-i-trade-from-multiple-ip-addresses VPN/VPS Service: Encouraged for platform access; paid VPNs and VPS services with dedicated IPs are advised for consistency and security. To get more information regarding VPN/VPS service, kindly click here: https://help.fundednext.com/en/articles/8223809-can-i-use-a-vpn-or-vps EAs/Indicators: Permitted to enhance trading strategies, ensuring parameters suit individual styles and accounts. To get more information regarding EAs/Indicators, kindly click here: https://help.fundednext.com/en/articles/8020763-do-you-allow-eas-indicators Restricted Trading Strategies: Prohibits cheating or platform exploitation; traders must familiarize themselves with the Terms of Service (TOS) to avoid consequences. ​ To get more information regarding restricted trading strategies, kindly click here: https://help.fundednext.com/en/articles/8020351-what-are-the-restricted-prohibited-trading-strategies-at-fundednext

What happens after I pass the Challenge Phase of the Stellar 1-Step Challenge?

Upon successfully reaching the profit target and completing the Minimum Trading Days of the Stellar 1-Step Challenge, the system will conduct an automatic profit check at the end of that trading day. If traders have complied with all the rules and have achieved the profit target, a pop-up message will appear on their Dashboard. This message will grant them access to the verification center, where they can proceed with the KYC verification process. Once traders have completed the verification, it will take approximately 24-48 hours to provide them with the FundedNext Account. For more information regarding the KYC Document, kindly click here: https://help.fundednext.com/en/articles/8020264-when-will-i-have-to-submit-the-kyc-documents For more information regarding the KYC submission process, kindly click here: https://help.fundednext.com/en/articles/8020293-how-can-i-complete-the-kyc-verification-process

Can I get the FundedNext Account if I reach the 10% profit target before 2 days?

Fundednext offers a Minimum Trading Days of 2 days for a Stellar 1-Step Challenge, traders must trade for at least 2 days even if they reach the profit target earlier. ​ Once the trader reaches the 10% profit target in their account by trading for at least 2 days and by complying with all the rules, they will be eligible for a FundedNext Account.

What is the Profit Target of the Stellar 1-Step Challenge?

The profit target of the Stellar 1-Step Challenge is as follows: Stellar 1-Step Challenge Phase: 10% with no time limit. ​ ​​Please refer to the image below for details about the Profit Target of the Stellar 1-Step Challenge Phase: https://prnt.sc/1cQS1mqU9UF6 Stellar 1-Step FundedNext Phase: No profit target

Is there a Minimum Trading Day or Time Limit to complete the Stellar 1-Step Challenge?

There is no time limit for completing the Stellar 1-Step Challenge. Traders have the freedom to take as much time as they need to complete it. However, traders need to complete 2 Minimum Trading Days to pass the Challenge Phase. Traders must open a trade on a unique day to make the day count as a trading day. For example, if a trader opens a trade on Monday and another one on Wednesday, the trader's Minimum Trading Day count will be 2 days. On the contrary, there is no Minimum Trading Days requirement in Stellar 1-Step FundedNext Account. https://prnt.sc/bDPpLaWJXK-2

What will be my Profit Share from the Stellar 1-Step Challenge?

FundedNext offers a 15% Profit Share from the Challenge Phase in the Stellar 1-Step Plan. Traders will receive the 15% Profit Share from the Challenge Phase of the Stellar 1-Step Plan upon reaching 10% growth in their FundedNext Account. Moreover, upon reaching the FundedNext Account, traders will get a 90% Profit Share. For example, if a trader has a $100,000 Stellar 1-Step Account, the trader will receive a 15% Profit Share from the Challenge Phase. However, the trader will receive a 90% Profit Share upon reaching the FundedNext Account. Please refer to this image below for a better understanding: https://prnt.sc/gzl0CX12fScZ

When do I get the Reward Bonus in the Stellar 1-Step Model?

After successfully completing the Challenge Phase and receiving your FundedNext Account, you may request your Reward Bonus with your first withdrawal. The Reward Bonus must be requested as a payout and will be added to your total payout amount upon approval. For example, if a trader purchases the Stellar 1-Step 6K Challenge for $65 and successfully completes the Challenge Phase, they can request the $65 Reward Bonus with their first payout request, effectively reimbursing them for the challenge cost. If the account undergoes a reset, however, the Reward Bonus will match the reset fee instead of the initial purchase price. In this case, if the reset fee is $59, then the Reward Bonus provided upon request would be $59.

Is News Trading allowed in the Stellar 1-Step Account?

FundedNext allows News Trading is in all available Accounts, excluding the Express Accounts. However, traders are encouraged to take into account certain considerations when engaging in trading during news hours: Market volatility is notably high during news hours. Spreads tend to be elevated. Slippages are more likely to occur. FundedNext does not have control over these market activities. If a trader decides to initiate trades during news hours, FundedNext cannot be held responsible for any resulting consequences.

What is the Trading Cycle count in my Stellar 1-Step FundedNext Account?

The trader's first Payout occurs after 5 business days of trading on the FundedNext Account. ​ For instance, if the trader's cycle starts on August 1st, it ends on August 7th. It's crucial to understand that the trader's Trading Cycle span is 5 business days only. If they've made enough profit, a Withdrawal request can be submitted in that Trading Cycle.

What rules do I need to follow in the Stellar 2-Step Challenge?

To ensure a successful trading journey in the Stellar 2-Step Challenge, it's essential to adhere to the following guidelines and restrictions: Maximum Daily Drawdown: Traders are allowed a maximum daily drawdown of 5% of their initial account balance. To get more information regarding the maximum daily drawdown, kindly click here https://help.fundednext.com/en/articles/8019914-what-is-your-daily-drawdown-limit Maximum Overall Drawdown: The overall maximum drawdown permitted is 10% of the initial account balance. This means the account balance or equity cannot drop below 90% of the initial balance at any time. To get more information regarding the maximum overall drawdown, kindly click here https://help.fundednext.com/en/articles/8019915-what-is-your-overall-drawdown-limit Minimum Trading Days: Traders are required to execute a minimum of 5 individual trades on 5 separate days throughout the Stellar 2-Step Challenge. Consecutive trading days are not mandatory. ​ ​ To get more information regarding minimum trading days, kindly click here https://help.fundednext.com/en/articles/8019803-are-there-any-minimum-trading-days-in-fundednext-challenges Copy Trading: Traders can engage in copy trading from their own FundedNext Accounts, prop firms, or retail brokers. However, copying trades from accounts not owned by the same individual, including those of relatives or friends, is strictly prohibited. To get more information regarding copy trading, kindly click here https://help.fundednext.com/en/articles/8019805-what-is-the-copy-trading-rule-in-fundednext IP Address: To ensure a secure trading environment, it's recommended to use a single device with a unique IP address during trading activities. To get more information regarding IP address, kindly click here https://help.fundednext.com/en/articles/8019807-can-i-trade-from-multiple-ip-addresses VPN/VPS Service: Clients can use VPN and VPS services for platform access. Paid VPNs and VPS services with dedicated IP addresses are recommended to ensure consistency and security. To get more information regarding VPN/VPS service, kindly click here https://help.fundednext.com/en/articles/8019923-am-i-allowed-to-use-a-vpn-or-vps EAs/Indicators: Traders are permitted to use Expert Advisors (EAs) and indicators to enhance their trading strategies, ensuring parameters are tailored to their individual trading styles and accounts. To get more information regarding EAs/Indicators, kindly click here https://help.fundednext.com/en/articles/8020763-do-you-allow-eas-indicators Restricted Trading Strategies: Any form of cheating or exploitation of the platform is strictly prohibited and goes against FundedNext's Terms of Service (TOS). Traders should thoroughly review and understand the Terms of Service to avoid unintended consequences. To get more information regarding restricted trading strategies, kindly click here https://help.fundednext.com/en/articles/8020351-what-are-the-restricted-prohibited-trading-strategies-at-fundednext

What is the Profit Target of the Stellar 2-Step Challenge?

The profit target for the Stellar 2-Step Challenge is as follows: Phase 1: 8% profit target, no time limit Phase 2: 5% profit target, no time limit FundedNext Account: No profit target ​​Please refer to the image below for details about the Profit Target of the Stellar 2-Step Challenge Phase: https://prnt.sc/E0D4M1cLYxY6

How many days will I get to complete Phases 1 & 2 of the Stellar 2-Step Challenge?

There are no time restrictions for completing both Phase 1 and Phase 2 of the Stellar 2-Step Challenge. Traders have the freedom to take as much time as they need to complete each phase. However, there is a minimum trading day requirement to fulfill in Stellar 2-Step Model: Phase 1: 5 Minimum Trading Days Phase 2: 5 minimum trading days

What will be my Profit Share from the Stellar 2-Step Challenge?

FundedNext offers a 15% Profit Share from Challenge phase in the Stellar 2-Step Plan. It means traders will get a 15% Profit Share from the Challenge phase of the Stellar 2-Step Plan upon reaching a 5% growth in their FundedNext Account. However, upon reaching the FundedNext Account, traders will get an 80% Profit Share and can be eligible for a 90% Profit Share through Scale-Up. For example, if a trader has a $100,000 Stellar 2-Step Account, the trader will receive a 15% Profit Share from the Challenge phase. However, the trader will receive a 80% Profit Share upon reaching the FundedNext Account.

What happens after I pass the Challenge Phases of the Stellar 2-Step Challenge?

Once traders successfully reach the profit target of Stellar 2-Step Phase 1 by closing all running trades and trading for a minimum of 5 days, a button labeled "Next Phase>>" will appear on their account Dashboard as seen in this screenshot: https://prnt.sc/-HG8trX-jFig By clicking this button, they will immediately gain access to the Phase 2 account. Alternatively, if traders do not click the Next Phase button, the Phase 2 account will automatically appear on their Dashboard the following day. After successfully completing Phase 2, the system will perform an automatic profit check at the end of that particular trading day. If traders have complied with all the rules and have achieved the profit target, a pop-up message will appear on their Dashboard. This message will grant them access to the verification center, where they can proceed with the KYC verification process. Once traders have completed the verification, it will take approximately 24-48 hours for FundedNext to provide them with the FundedNext Account. To get more information regarding the KYC Document, kindly click here https://help.fundednext.com/en/articles/8020264-when-will-i-have-to-submit-the-kyc-documents To get more information regarding the KYC submission process, kindly click here https://help.fundednext.com/en/articles/8020293-how-can-i-complete-the-kyc-verification-process

Can I Reset my Stellar 2-Step Phase 2 account?

Traders will have the option to Reset their account in Phase 2 of their Challenge Account, allowing them to restart their trading journey smoothly with FundedNext. It's crucial to understand that: Choosing to Reset in Phase 2 entails restarting the journey from Phase 1 again. When a Reset is requested for Phase 2, a new Challenge Account that starts from Phase 1 will be provided.

Can I get the FundedNext account if I reach account growth in 5 days?

Traders are required to uphold a minimum of 5 trading days in each Challenge Phase, even if they achieve the profit target earlier. For instance, if a trader attains the profit target in Phase 1 of a $50,000 Stellar 2-Step Account within 3 days, they must trade for an additional 2 days to fulfill the Challenge Phase requirements. To fulfill these days, the trader can initiate a trade of 0.01 lot. Following the server Reset time on the 5th day, the trader will receive a notification to progress to the next phase. If a trader successfully reaches the 8% profit target in Phase 1 within 5 days, adhering to all rules, they become eligible for a Stellar Phase 2 account. Similarly, if a trader accomplishes the 5% profit target in Phase 2 within 5 days while complying with all rules, they qualify for a FundedNext Account.

Is there a Minimum Trading Day and Profit Target in the FundedNext phase of Stellar 2-Step Model?

FundedNext doesn't impose any rules regarding Minimum Trading Day and Profit Target in the FundedNext phase of the Stellar 2-Step Model. Traders are required to uphold a minimum of 5 trading days in each Challenge Phase, even if they achieve the Profit Target earlier. For instance, if a trader attains the profit target in Phase 1 of a $50,000 Stellar 2-Step Account within 3 days, they must trade for an additional 2 days to fulfill the Challenge Phase requirements. To fulfill these days, the trader can initiate a trade of 0.01 lot. Following the server Reset time on the 5th day, the trader will receive a notification to progress to the next phase. If a trader successfully reaches the 8% profit target in Phase 1 within 5 days, adhering to all rules, they become eligible for a Phase 2 account. Similarly, if a trader accomplishes the 5% profit target in Phase 2 within 5 days while complying with all rules, they qualify for a FundedNext Account.

Is News Trading allowed in the Stellar 2-Step Account?

Yes, News Trading is permitted in all available account Models in FundedNext, excluding the Express Model. However, traders are encouraged to take into account certain considerations when engaging in trading during news hours: Market volatility is notably high during news hours. Spreads tend to be elevated. Slippages are more likely to occur. FundedNext does not have control over these market activities. If a trader decides to initiate trades during news hours, FundedNext cannot be held responsible for any resulting consequences.

When do I get the Reward Bonus in the Stellar 2-Step Model?

Once the trader successfully completes the Challenge Phase and has received their FundedNext Account, the Reward Bonus will be added to their Payout when they request their first Withdrawal. This Reward Bonus is equivalent to either the initial account purchase price or the most recent Reset amount. For example, traders will get the Reward Bonus with the First Payout in the FundedNext phase. However, if a trader chooses to Reset the account during the Challenge Phase, the Reward Bonus will match the Reset amount rather than the initial purchase price.

What is the Trading Cycle count in my Stellar 2-Step FundedNext Account?

The trader's first Trading Cycle lasts for 28 days, and they receive their first Payout after this period. Following that, each Trading Cycle is two weeks (14 days) long with a Payout afterward. For example, if the trader's cycle begins on August 1st, it ends on August 30th. Then, the next 14-day Trading Cycle starts on September 1st and ends on September 14th. It's important to understand that the trader's Trading Cycle is 14 days only if they've made a profit and can request a Withdrawal in the previous cycle. This option becomes available after receiving the first Payout In the account.

What rules do I need to follow in the Express Challenge?

To ensure a successful trading journey in the Express Challenge, it is crucial to abide by the following guidelines and restrictions. Maximum Daily Drawdown: Our maximum daily drawdown limit specifies that you are permitted to lose 5% of your initial account balance on any given day. ​ ​ To get more information regarding the maximum daily drawdown, kindly click here Maximum Overall Drawdown: You are allowed to have an overall maximum drawdown of 10% of your initial account balance. Thus, your account balance/equity can't go below 90% of the initial balance at any time during your whole trading journey. ​ ​ To get more information regarding the maximum overall drawdown, kindly click here Minimum Trading Days: In the Express Challenge (Both Challenge & FundedNext account), you only need to take a minimum of 10 individual and separate trades during your trading journey. Your trading days do not need to be consecutive and to make things even easier, there is no maximum number of trades you need to take so that you can trade freely. ​ ​ To get more information regarding minimum trading days, kindly click here Copy Trading: FundedNext allows traders to engage in copy trading from another FundedNext account, prop firm, or retail broker, provided that the accounts are owned by the same individual. This means that you can copy trades from any account(s) that you own. ​ ​ However, copy trading between multiple accounts not owned by the same individual, including those of relatives, family members, or friends, is strictly prohibited. To get more information regarding copy trading, kindly click here IP Address: FundedNext strives to ensure a secure trading environment for all of our traders. To avoid any complications related to IP addresses, it is highly recommended that traders use a single device with a unique IP address during their trading activities on our platform. ​ ​ To get more information regarding IP address, kindly click here VPN/VPS Service: When using FundedNext, clients can use VPN and VPS services for platform access. For VPN users, it's recommended to use paid VPNs and select a specific IP within a country for consistent tracking. VPS users should opt for paid services with dedicated IP addresses and avoid sharing connections with others. ​ ​ To get more information regarding VPN/VPS service, kindly click here EAs/Indicators: Traders are allowed to utilize Expert Advisors (EAs) and Indicators to enhance their trading strategies at FundedNext. It is important for each trader to ensure that their trading parameters are unique and suited to their individual trading style and account. ​ ​ To get more information regarding EAs/Indicators, kindly click here Restricted Trading Strategies: FundedNext strictly prohibits any form of cheating or exploitation of the platform, as it goes against our Terms of Service (TOS) agreed upon during registration. Traders are urged to thoroughly read our Terms of Service and understand the following guidelines to prevent unintended consequences. ​ ​ To get more information regarding restricted trading strategies, kindly click here Consistency: To achieve consistent profitability, traders at FundedNext must maintain their trading habits within a certain range based on their weekly average. This range is determined by factors such as trading days, number of trades, and lot size. By staying within this range, traders can strike a balance between risk and consistency. The consistency rule is only applicable to the Express Consistency Account. ​ ​ To get more information regarding consistency, kindly click here News Trading: In the Express Challenge (both on your Challenge and FundedNext account), as the market is extremely volatile during news times and also this is the most likely time when slippages can occur, you are not allowed to open and close any trade 5 minutes before and after the news. That means if any of the pending orders get executed or if any running trades get closed by hitting a Stop-loss (SL) or take-profit (TP) then it will be considered a violation. ​ ​ To get more information regarding news trading rules, kindly click here

What is the Profit Target of the Express Challenge?

The profit target for the Express Challenge is outlined as follows: Express Challenge Account: The goal is to grow the account by 25% over time. There is no specific time limit to reach the 25% target; however, a trader must trade in 4-week Trading Cycles and trade for at least 10 days in each cycle. Here's an example: For example, if a trader has a $15,000 account, they need to make a profit of $3,750, which is 25% of their initial account balance. This target doesn't have to be achieved in one Trading Cycle. The trader can take as many Trading Cycles as needed as long as they follow the rules and trade for the minimum required days. Please refer to the images below for details about the Profit Target of the Express Challenge Phase: https://prnt.sc/8p3tNZE1-IFI https://prnt.sc/MvyX6qre_Euo Express FundedNext Account: There is no profit target in the Express FundedNext Account.

What will be my Profit Share from the Express Challenge?

With the FundedNext Express Challenge, traders can start earning from the very first month. In the Challenge Phase, traders will earn 15% of the profit generated in each Trading Cycle. Upon growing the account by 25% and receiving a FundedNext Account, traders will unlock a Profit Share of up to 90%. For instance, let's consider a trader who starts with a FundedNext Account balance of $100,000. If the trader generates a profit of $15,000 during a 4-week Trading Cycle, they'll receive a direct Profit Share of 15%, equivalent to $2,250. Continuing with the example, if the trader's profit reaches $15,000 in a $100,000 account, they'll continue receiving a 15% Profit Share until they reach the 25% growth target. If they generate an additional $10,000 profit in the following month, they'll receive a straight 15% Profit Share on that amount, contributing to an overall 25% growth in their initial balance. Once the trader's account achieves 25% growth, they'll be upgraded to a FundedNext Account with an increased Profit Share. They'll receive a 60% Profit Share on their first Payout, followed by 75% on the second Payout, and an impressive 90% Profit Share from the third Payout onwards. It's essential to note that traders will be eligible for a Profit Share only if they comply with the rules before the Challenge Phase or a FundedNext Account Payout.

How many days will I get to complete the Challenge Phase of the Express?

In the Express Challenge, there's no time restriction, granting traders the flexibility to take as much time as they need to complete the Challenge. However, it's crucial to maintain a minimum of 10 trading days in each Trading Cycle. To meet this requirement, traders need to execute at least 10 individual and separate trades each month. This means entering a new trade on at least 10 separate days within a month. Trading days do not need to be consecutive. It's important to adhere to the minimum trading day requirement as failing to meet it will result in not receiving any profits at the end of the Trading Cycle, leading to an account breach. Additionally, only executed trades contribute to the count of trading days.

Is there a time limit to reach the Profit Target in the Express Challenge?

FundedNext recognizes that traders have diverse trading styles and preferences in achieving their profit targets. In both the Express Consistency and Non-Consistency accounts, there is no time limit enforced for reaching the profit target. Moreover, traders will be glad to learn that there is no monthly profit target specified in the Express Challenges. This offers traders greater flexibility in their trading approach and timeline for achieving their goals.

What happens after I pass the Challenge Phase of Express?

Upon achieving the required account growth and fulfilling the Minimum Trading Days requirement of the Express Challenge, our system will automatically conduct a profit check at the end of that specific day. If all rules have been adhered to and the profit target has been met, a pop-up message will appear on the trader's Dashboard. This message will grant them access to the verification center, where they can proceed with the KYC verification process. Please note, if the trader has previously completed the KYC verification process when receiving a Payout from their account, they won't need to repeat the entire KYC process. In such cases, they'll only need to sign the agreement file and submit it. Upon completing the verification, it typically takes around 24–48 hours to provide the trader with the FundedNext Account. To get more information regarding the KYC Document, kindly click here To get more information regarding the KYC submission process, kindly click here

How does the Express Consistency Rule work at FundedNext?

The Consistency Rule is only applicable to the Express Consistency Account. Please find the Consistency Rule for our Express Challenge below: Traders must keep consistency every week, which means staying within certain limits. A safe way to adhere to the consistency limits is to keep within +/- 200% of your weekly average or by a deviation of 2.0. To determine the limits, we use three factors: Trading Days, Number of Trades, and Lot Sizes. Each week, our system calculates the average of these indicators and sets a Maximum Weekly Average Limit (total x 2) and a Minimum Weekly Average Limit (total/2) for a trader's trade count and lot size consistency. It's important to note that the maximum and minimum limit for consistency apply specifically to the weekly average trade count and lot size, not to the total number of trades or lots a trader can take. To understand better, consider the following scenario: Week 1: You can trade freely without worrying about trade or lot size consistency. ​ Week 2: A maximum and minimum weekly average limit will be set using the average number of trades and lots you took in Week 1. ​Week 3: A maximum and minimum weekly average limit will be set by averaging the number of trades and lots you took in Week 1 and Week 2. ​Week 4: A maximum and minimum weekly average limit will be set by averaging the number of trades and lots you took in Week 1, Week 2, and Week 3. Here's an example of how it would work each week: Day 1: A trader took 10 trades with a total lot size of 12. Day 2: There were 15 trades with 11 total lots. Day 3: There were 19 trades with a total of 15 total lots. Day 4: There were 26 trades with 18 total lots. Day 5: There were 0 trades. So, in total the trader traded a total of 4 days, took a total of 70 trades, and a total lot size of 56 for the week. Now, for Week 1: The average number of trades would be (total number of trades taken/number of days traded) = 70/4, which is 17.5 trades. The average lot size would be (total number of lots used/number of days traded) = 56/4, which is 14 lots. So, the consistency to be followed in Week 2 would be the following: ​ Number of Trades: Maximum Weekly Average Limit (Average number of trades taken in Week 1 x 2) = 17.5 x 2 = 35 trades Minimum Weekly Average Limit (Average number of trades taken in Week 1 / 2) = 17.5/2 = 8.75 trades ​ For Lot Size: Maximum Weekly Average Limit (Average number of lots taken in Week 1 x 2) = 14 x 2 = 28 lots Minimum Weekly Average Limit (Average number of lots taken in Week 1 / 2) = 14/2 = 7 lots Based on the example above, the trader's calculations for Week 2 would be as follows: Average number of trades at the end of the week: Between 9 trades and 35 trades Average lot size to be used at the end of the week: Between 7 lots and 28 lots Not adhering to these limits will be considered a violation. Similarly, for Week 3, the average of the trading metrics from both Week 1 and Week 2 is calculated. This average is then used to establish the maximum and minimum weekly average limits for both lot size and number of trades. It is multiplied by 2 to set the upper limit and divided by 2 to set the lower limit, ensuring consistency in trading activity. In the event of any rule violations, our agent will conduct a thorough review of the trader's account. Depending on the severity of the violation, the Payout for that specific cycle may be temporarily paused. It's important to note that such actions do not lead to account termination. Instead, the account will be Reset to its initial balance at the beginning of the next cycle, ensuring fair and transparent enforcement of our rules.

Do I need to follow the Consistency Rule in the Express Consistency FundedNext Account?

Traders will have to follow the Consistency Rule in the Express Consistency FundedNext Account. Consistency is beneficial for traders as it helps refine their trading skills and achieve steady gains each week. However, some traders may prefer more flexibility in their trading approach. In such cases, Non-Consistency Accounts provide the desired freedom and accommodate their trading preferences.

What happens if you fail to meet the Consistency Rule in the Challenge and FundedNext Account?

If a trader is in profit and has fulfilled the Minimum Trading Days requirement but fails to meet the Consistency Rule in their account, their account will be Reset to its initial balance. It's important to note that no profit will be shared and the account balance will revert to its initial amount. On the other hand, if a trader is at a loss or does meet the minimum trading day requirement while also failing to adhere to the Consistency Rule in their account, their account will be breached. In this scenario, there will be no Reset to the initial balance. Since the trader is in a loss, no Profit Share will be provided and the account will be breached.

How do Non-Consistency Express accounts differ from Consistency Express accounts?

In a Non-Consistency Express Account, traders have the freedom to hold trades overnight and over the weekend without being bound by any Consistency Rule. The FundedNext Account size will be 25% of the Challenge Account size. While Consistency Express Accounts can be advantageous for traders in refining their skills and achieving consistent gains, Non-Consistency Accounts offer flexibility for traders who prefer more freedom in their trading approach.

Why is Weekend Holding not available on an Express-Consistency account?

To ensure adherence to the Consistency Rule, it is important for traders to regularly monitor and update the trading metrics of their account. This requirement is why holding positions over the weekend is not permitted. Regularly reviewing and adjusting the metrics helps maintain consistency and accuracy in trading activities. By following this practice, traders can effectively track their progress and make informed decisions to achieve their trading goals.

What FundedNext amount will I receive?

Here are the FundedNext amounts for both Consistency and Non-Consistency Accounts in the Express Challenge: Consistency Account Traders can start their journey with a $6,000, $15,000, $25,000, $50,000, $100,000, or $200,000 Challenge Account. Once they are eligible for a FundedNext Account, they receive the full amount of their Challenge Account capital on their FundedNext Account. Express $6,000 Challenge Account = FundedNext Account $6,000 Express $15,000 Challenge Account = FundedNext Account $15,000 Express $25,000 Challenge Account = FundedNext Account $25,000 Express $50,000 Challenge Account = FundedNext Account $50,000 Express $100,000 Challenge Account = FundedNext Account $100,000 Express $200,000 Challenge Account = FundedNext Account $200,000 Non-Consistency Account Traders can start their journey with a $6,000, $15,000, $25,000, $50,000, or $100,000 Challenge Account. Once they are eligible for a FundedNext Account, they receive 25% of their Challenge Account capital on their FundedNext Account. You can check the amount below: Express $6,000 Challenge Account = FundedNext Account $1,500 Express $15,000 Challenge Account = FundedNext Account $3,750 Express $25,000 Challenge Account = FundedNext Account $6,250 Express $50,000 Challenge Account = FundedNext Account $12,500 Express $100,000 Challenge Account = FundedNext Account $25,000 https://prnt.sc/9K_XKxBk6h_d Why is the FundedNext Account capital 25% of the Challenge Account capital in Non-Consistency Accounts? Consistency is crucial for traders to improve their trading skills and steadily increase their profits on a weekly basis. This is why traders must adhere to the consistency rule in the consistency account, as it promotes discipline and regular progress. However, some traders prefer more flexibility in their trading approach. For those traders, the non-consistency account is a better choice, as it allows for greater freedom in trading decisions. The Non-Consistency account offers features that are not available in Consistency accounts. For example, holding trades over the weekend is a common trading strategy that can be implemented in non-consistency accounts, but not in consistency accounts. Thus enabling traders to execute their preferred trading strategies effectively. To strike a balance between consistency and flexibility, there is a requirement of 25% of the initial amount in the non-consistency account. This ensures that traders maintain a certain level of commitment while enjoying the additional features and trading opportunities provided by the non-consistency account.

Can I get the FundedNext account if I reach 25% account growth in 10 days?

If a trader can achieve a 25% growth in their account by achieving the 10-day Minimum Trading Day requirement and adhering to all the rules, they will qualify for a FundedNext Account. As the Minimum Trading Days for an Express Challenge are 10 days within every 4 trading cycles, traders must maintain this requirement even if they reach the profit target earlier.

What factors need to be considered in an Express Account?

Guidelines that must be upheld within the Express Account: Express Non-Consistency Challenge Account These are the circumstances under which your account will be breached. If you refrained from trading during news periods, haven't met the minimum required trading days, and find your account in either profit or loss, you need to initiate a reset from your side. If you traded during news periods, failed to meet the minimum required trading days, and your account is either in profit or loss, you need to initiate a reset. These are the conditions under which your account may progress to the next phase, continue with a lower balance, or reset to the initial balance. If you abstained from trading during news periods, have met the minimum required trading days, and your account shows a profit, it's time for you to move forward to the next phase. If you refrained from trading during news periods or if you traded during news time, fulfilled the Minimum Trading Days, and found your account to be at a loss, proceed with a reduced balance. (The Monthly Loss Limit will not be reset.) If you traded during news time, met the Minimum Trading Day requirement, and your account is in profit, it will automatically reset to the initial balance. Please refer to the image below: https://prnt.sc/D4DpsslJk32b Express Consistency Challenge Account These are the circumstances under which your account will be breached. If you've adhered to consistency, refrained from trading during news periods, and haven't met the minimum required trading days, your account's profitability or loss should prompt a reset from your side. If you've maintained consistency, traded during news periods, fulfilled the Minimum Trading Day requirement, and your account is at a loss, you need to initiate a reset. If you've maintained consistency, traded during news periods, and didn't fulfill the Minimum Trading Day requirement, you need to initiate a reset if your account is in profit or loss. If you didn't maintain consistency, refrained from trading during news periods, but fulfilled the Minimum Trading Day requirement, and your account is at a loss, you need to initiate a reset. If you didn't maintain consistency, and trading during news periods was avoided, with the Minimum Trading Days not fulfilled and the account showing a loss, you need to initiate a reset. If you did not maintain consistency, and trading during news periods was avoided, with the Minimum Trading Days not fulfilled, and your account in either profit or loss, you need to initiate a reset. If you didn't maintain consistency, traded during news periods, and fulfilled the Minimum Trading Days with your account showing either profit or loss, you need to initiate a reset. These are the conditions under which your account may progress to the next phase, continue with a lower balance, or reset to the initial balance. If you maintained consistency, refrained from trading during news periods, and fulfilled the Minimum Trading Days with your account showing a profit, you need to proceed to the next phase. If you've maintained consistency but traded during news periods, and your account is in profit, it will be reset for the next cycle. If you've maintained consistency, refrained from trading during news periods, fulfilled the Minimum Trading Days, and your account is at a loss, proceed with a reduced balance. (The loss limit will also not be reset.) If you maintained consistency, traded during news periods, fulfilled the Minimum Trading Days, and your account is in profit, it will automatically reset to the initial balance. If consistency wasn't maintained, trading during news periods was avoided, but if the Minimum Trading Days were fulfilled and your account is in profit, it will automatically reset to the initial balance. If consistency wasn't maintained, but you traded during news periods, fulfilled the Minimum Trading Days, and your account is in profit, it will automatically reset to the initial balance. Please refer to the image below: https://prnt.sc/IipLaHUG1wS0 Non-Consistency FundedNext Account. These are the circumstances under which your account will be breached. If you have not fulfilled the Minimum Trading Days and your account is either in profit or loss. These are the conditions under which your account may progress to the next cycle, continue with a lower balance, or reset to the initial balance. If you have fulfilled the Minimum Trading Days, your account is in profit, entitling you to the profit earned. If you have fulfilled the Minimum Trading Days, and your account shows a loss, it's time for you to proceed with a reduced balance. Please refer to the image below: https://prnt.sc/iRWO6Ib4XHQH Consistency FundedNext Account These are the circumstances under which your account will be breached. If you have maintained consistency, it appears that the Minimum Trading Days have not been fulfilled, resulting in your account being in either profit or loss. If you did not maintain consistency yet, the Minimum Trading Days have been fulfilled, and as a result, your account is at a loss. If you did not maintain consistency, and as a consequence, the Minimum Trading Days have not been fulfilled, your account is either in profit or loss. These are the conditions under which your account may progress to the next cycle, continue with a lower balance, or reset to the initial balance. If you have maintained consistency and fulfilled the Minimum Trading Days yet find your account at a loss, you should proceed with a reduced balance. If you have maintained consistency and fulfilled the Minimum Trading Days, if your account is profitable, you are entitled to the profit earned. If you did not maintain consistency but fulfilled the Minimum Trading Days, and your account is in profit, it will automatically reset to the initial balance. Please refer to the image below: https://prnt.sc/qYqjDwGm7kHt n the event of news trading, your FundedNext Account will regrettably encounter a breach. In the context of Express Challenge Accounts, it is essential to note that account resets occur weekly, specifically on Mondays, following news trades. For instance, consider a scenario where a client engages in trading activities within the period of February 5th (Monday) to February 9th (Friday), executing a news trade on February 8th (Thursday). Subsequently, on February 10th (Saturday), the account undergoes a comprehensive review. Following this assessment, on Monday, February 12th, FundedNext initiated the reset process for all news trade accounts that had accrued profits, restoring them to their initial balance. However, it is pertinent to highlight that accounts incurring losses do not trigger an email notification and continue their trading endeavors until the conclusion of their trading cycle. This protocol ensures a systematic approach to managing and maintaining the integrity of Express Challenge accounts, optimizing transparency and efficiency within the trading framework.

How Does the Scale-Up plan work in the Express Account Model?

FundedNext offers a Profit Share amounting to 60% in the first Payout, 75% in the second Payout, and 90% in the third Payout during the FundedNext phase in the Express Accounts. Additionally, the Scale-Up functionality in FundedNext offers traders a 40% increase in the account balance, up to a maximum of 4 million, along with a Profit Share of 90%. Since traders in the Express Model already receive a 90% Profit Share from the third Payout, they are eligible for the increase in account balance through the Scale-Up functionality, but their Profit Share percentage remains unchanged at 90%.

What rules do I need to follow in Evaluation Challenge?

To ensure a successful trading journey Evaluation Challenge, it is crucial to abide by the following guidelines and restrictions: Maximum Daily Drawdown: FundedNext's maximum daily drawdown limit specifies that you are permitted to lose 5% of your initial account balance on any given day. To get more information regarding the maximum daily drawdown, kindly click here https://help.fundednext.com/en/articles/8019914-what-is-your-daily-drawdown-limit Maximum Overall Drawdown: Traders are allowed to have an overall maximum drawdown of 10% of their initial account balance. Thus, their account balance/equity can't go below 90% of the initial balance at any time during your whole trading journey. To get more information regarding the maximum overall drawdown, kindly click here https://help.fundednext.com/en/articles/8019915-what-is-your-overall-drawdown-limit Minimum Trading Days: In the Evaluation Challenge, traders only need to take a minimum of 5 individual and separate trades during your trading cycle. Their trading days do not need to be consecutive and to make things even easier, there is no maximum number of trades they need to take so that they can trade freely. Also, there is no minimum trading day rule in the Evaluation FundedNext account. ​​ To get more information regarding minimum trading days, kindly click here https://help.fundednext.com/en/articles/8019803-are-there-any-minimum-trading-days-in-fundednext-challenges Copy Trading: FundedNext allows traders to engage in copy trading from another FundedNext account, prop firm, or retail broker, provided that the accounts are owned by the same individual. This means that they can copy trades from any account(s) that they own. ​ However, copy trading between multiple accounts not owned by the same individual, including those of relatives, family members, or friends, is strictly prohibited. To get more information regarding copy trading, kindly click here https://help.fundednext.com/en/articles/8019805-what-is-the-copy-trading-rule-in-fundednext IP Address: FundedNext strives to ensure a secure trading environment for all of the traders. To avoid any complications related to IP addresses, it is highly recommended that traders use a single device with a unique IP address during their trading activities on our platform. To get more information regarding IP address, kindly click here https://help.fundednext.com/en/articles/8019807-can-i-trade-from-multiple-ip-addresses VPN/VPS Service: When using FundedNext, traders can use VPN and VPS services for platform access. For VPN users, it's recommended to use paid VPNs and select a specific IP within a country for consistent tracking. VPS users should opt for paid services with dedicated IP addresses and avoid sharing connections with others. To get more information regarding VPN/VPS service, kindly click here https://help.fundednext.com/en/articles/8019923-am-i-allowed-to-use-a-vpn-or-vps EAs/Indicators: Traders are allowed to utilize Expert Advisors (EAs) and Indicators to enhance their trading strategies at FundedNext. It is important for each trader to ensure that their trading parameters are unique and suited to their individual trading style and account. To get more information regarding EAs/Indicators, kindly click here https://help.fundednext.com/en/articles/8020763-do-you-allow-eas-indicators Restricted Trading Strategies: FundedNext strictly prohibits any form of cheating or exploitation of the platform, as it goes against our Terms of Service (TOS) agreed upon during registration. Traders are urged to thoroughly read our Terms of Service and understand the following guidelines to prevent unintended consequences. To get more information regarding restricted trading strategies, kindly click here https://help.fundednext.com/en/articles/8020351-what-are-the-restricted-prohibited-trading-strategies-at-fundednext

What is the Profit Target and Time Limit of the Evaluation Challenge?

The profit target for the Evaluation Challenge is as follows: Phase 1: 10% profit target within a 4-week Trading Cycle. ​Phase 2: 5% profit target within an 8-week Trading Cycle. ​FundedNext Account: No profit target Please refer to the below image for details of the profit target in the Evaluation Challenge: https://prnt.sc/rV0k17Hs_PAB 💡Note: In the Evaluation Challenge accounts, meeting the profit target within the designated time limit is crucial. Ending the Trading Cycle with a negative balance will result in an account breach.

How many days will I have to complete Phase 1 and Phase 2 of the Evaluation Challenge?

Evaluation Phase 1: For Phase 1 you'll get a 4 trading weeks cycle. Evaluation Phase 2: For Phase 2 you'll get an 8 trading weeks cycle. But if you want, you can complete both of the Challenge Phases by following all the rules and maintaining 5 minimum trading days on each Phase.

What happens after I pass the Challenge Phases of Evaluation?

Once traders successfully reach the profit target of Evaluation Phase 1 by closing all their open trades and trading for a minimum of 5 days, they will discover a button labeled "Start Next Phase" in their account Dashboard. Clicking on this button will immediately grant access to the Phase 2 account. Alternatively, if traders do not click the Next Phase button, the Phase 2 account will automatically appear on their Dashboard the following day. Please refer to the image below for details on advancing to the next Phase: https://prnt.sc/m1WzvSGoTy_E Upon successfully completing Phase 2 of the Evaluation Challenge, the system will perform an automatic profit check at the end of that particular trading day. If traders have complied with all the rules and have achieved the profit target, a pop-up message will appear on their Dashboard. This message will grant access to the verification center, where they can proceed with the KYC verification process. Once traders have completed the verification, it will take approximately 24-48 hours to provide them with the FundedNext Account. To get more information regarding the KYC Documents, kindly click here https://help.fundednext.com/en/articles/8020264-when-will-i-have-to-submit-the-kyc-documents To get more information regarding the KYC submission process, kindly click here https://help.fundednext.com/en/articles/8020293-how-can-i-complete-the-kyc-verification-process

What will be my Profit Share from the Evaluation Challenge?

FundedNext offers a 15% Profit Share from Challenge phase in the Evaluation Plan. It means traders will get a 15% Profit Share from the Challenge phase of the Evaluation Plan upon reaching a 5% growth in their FundedNext Account. However, upon reaching the FundedNext Account, traders will get an 80% Profit Share and can be eligible for a 90% Profit Share through Scale-Up. For example, if a trader has a $50,000 Evaluation Account, the trader will receive a 15% Profit Share from the Challenge phase. However, the trader will receive a 80% Profit Share upon reaching the FundedNext Account.

Can I request an extension for the Evaluation Challenge?

Traders can request an extension for Phase 1 of the Evaluation Challenge under specific criteria: Traders must grow their account by more than 5% (balance and equity) before applying for a 14-day extension. Traders have already traded for a minimum of 5 days within the Trading Cycle. Traders cannot breach any rules applied to the Evaluation Challenge Phase. If traders meet these criteria, a button will appear on their Dashboard three days before the end of the fourth week of the Trading Cycle. By clicking the button, traders can extend their trading period by 14 more days. Please refer to the image below for details on how to avail the extension: https://prnt.sc/Tr-U6D-XKyQP 💡Note: Traders can only use this extension once per account. They can become eligible for the extension again only by Resetting their account.

Can I reset my Evaluation Phase 2 Challenge?

Traders will have the option to Reset their account in Phase 2 of their Challenge Account allowing them to restart their trading journey smoothly with FundedNext. It's crucial to understand that: Choosing to Reset in Phase 2 entails restarting the journey from Phase 1 again. When a Reset is requested for Phase 2, a new Challenge Account will be provided, initiating from Phase 1.

Can I get the FundedNext account if I reach the Profit Target in 5 days?

Absolutely. As long as traders meet the profit target and adhere to all the rules, they are encouraged to proceed to the next step in as little as 5 days for each phase. This means traders only need to execute a minimum of five individual and separate trades per Trading Cycle. For instance, if the Trading Cycle starts on January 1st and concludes on January 31st, traders must enter a new trade on at least five of those days. Importantly, trading days do not need to be consecutive. If traders can achieve the 5% profit target in their Phase 2 account by trading at least 5 days while adhering to all the rules, they will qualify for the FundedNext Account.

How many free retakes can I avail in the Evaluation Challenge?

FundedNext offers traders the chance to retake the FundedNext Evaluation Challenge for free. To qualify for a free retake in the FundedNext Evaluation Challenge, traders must meet the criteria mentioned in the image below: https://prnt.sc/vu0w1a5DtrM- There is no limit on free retakes in the Evaluation Challenge. If traders meet the criteria, they will receive a free retake to restart their trading journey. Importantly, for traders' convenience, the free retake will be automatically applied on the last day of their Trading Cycle.​ It's important to note that the free retake option is available exclusively for the Evaluation Challenge during Phase 1, allowing you to demonstrate your abilities and potentially secure a FundedNext account.

Is News Trading allowed in the Evaluation Account?

Yes, News Trading is permitted in all available account Models in FundedNext, excluding the Express Model. However, traders are encouraged to take into account certain considerations when engaging in trading during news hours: Market volatility is notably high during news hours. Spreads tend to be elevated. Slippages are more likely to occur. FundedNext does not have control over these market activities. If a trader decides to initiate trades during news hours, FundedNext cannot be held responsible for any resulting consequences.

When do I get the Reward Bonus in the Evaluation Model?

After successfully completing the Challenge Phase and receiving your FundedNext Account, you may request your Reward Bonus with your first withdrawal. The Reward Bonus must be requested as a payout and will be added to your total payout amount upon approval. For example, if a trader purchases the Evaluation 6K Challenge Account for $49 and successfully completes the Challenge Phase, they can request the $49 Reward Bonus with their first payout request, effectively reimbursing them for the challenge cost. If the account undergoes a reset, however, the Reward Bonus will match the reset fee instead of the initial purchase price. For instance, if the reset fee is $44, then the Reward Bonus provided upon request would be $44.

What is the Trading Cycle count in my Evaluation FundedNext Account?

The trader's first Trading Cycle lasts for 28 days, and they receive their first Payout after this period. Following that, each Trading Cycle is two weeks (14 days) long with a Payout afterward. For example, if the trader's cycle begins on August 1st, it ends on August 30th. Then, the next 14-day Trading Cycle starts on September 1st and ends on September 14th. It's important to understand that the trader's Trading Cycle is 14 days only if they've made a profit and can request a Withdrawal in the previous cycle. This option becomes available after receiving the first Payout In the account.

What factors need to be considered while maintaining an Evaluation Account?

These are the circumstances under which your account will be breached: Breach due to exceeding the Daily Drawdown Limit The Evaluation accounts can be breached if the trader exceeds the Daily Drawdown Limit in the account. If the account balance falls below 5% of the initial balance in a single day, during either Challenge Phase 1 or Challenge Phase 2, the account will be breached and must be reset if the trader wishes to trade in the Challenge again. ​ However, if the account balance falls below 5% of the initial balance in a single day during the FundedNext account, the account will be breached and traders will not be able to trade on that account anymore. To know more about calculating the Daily Drawdown, kindly click here. https://help.fundednext.com/en/articles/8019812-how-can-i-calculate-the-overall-drawdown Breach due to crossing the Overall Drawdown Limit The Evaluation accounts can be breached if the trader exceeds the Overall Drawdown Limit in the account. If the account balance falls below 10% of the initial balance over the entire trading period, during either Challenge Phase 1 or Challenge Phase 2, the account will be breached and must be reset if the trader wishes to trade in the Challenge again. To know more about calculating the Overall Drawdown, kindly click here. ​ However, if the account balance falls below 10% of the initial balance within a Trading Cycle during the FundedNext account, the account will be breached and traders will not be able to trade on that account anymore. To know more about the Trading Cycle, kindly click here.​ https://help.fundednext.com/en/articles/9431830-what-is-the-trading-cycle-count-in-my-evaluation-fundednext-account Breach due to failure to meet the Profit Target within Time Limit If a trader fails to achieve the 10% Profit Target within 4 weeks during Challenge Phase 1, the account will be breached. Similarly, if the trader fails to achieve the 5% Profit Target within 8 weeks during Challenge Phase 2, the account will be breached. ​ However, the trader may still be eligible for a free retake even if they fail to reach the profit target in time. To qualify, the trader must trade for at least 5 trading days, not violate any rules, and the account must end with an overall profit. Please refer to the image below: https://prnt.sc/RNJFZN05l3vd

What is the difference between the Evaluation and the Stellar Models?

Here are the differences between the Evaluation and Stellar Account Models: https://prnt.sc/-T4IpWHR2zNS

What's the difference between Challenge and FundedNext Accounts?

Here are the key differences between a Challenge Account and a FundedNext Account: Profit Share Challenge Accounts: Traders receive a 15% profit share across all models except the Stellar Lite. FundedNext Accounts: Traders can increase their profit share up to 90% as they progress through the FundedNext Phase. For example, in a Stellar 2-Step Account, a trader starts with a 15% profit share. Upon reaching the FundedNext Phase, the profit share increases to 80% and can go up to 90% with further progression. Profit Target Challenge Accounts: These have a profit target during the Challenge Phase. For example, in the Evaluation Model, traders must reach a profit target of 10% in Phase 1 and 5% in Phase 2. FundedNext Accounts: There is no profit target. For example, in the Evaluation FundedNext Account, traders are not required to meet any profit target. Reset Challenge Accounts: Traders have the option to reset their accounts in Phase 1 and Phase 2. FundedNext Accounts: Traders cannot reset their accounts once they enter the FundedNext Phase. image: https://prnt.sc/hx-g07hjCbVz

What is the FundedNext Trade Master Cup competition about?

The Trade Master Cup is a prestigious monthly event designed for traders of all levels, from beginners to experienced professionals. With a participation fee of just $35, this competition provides you with an opportunity to engage with the global trading community and rise above your peers by demonstrating your trading skills and consistency. The competition rewards the top 3 participants with cash prizes: 💠1st Rank: $35,000 💠2nd Rank: $10,000 💠3rd Rank: $5,000 Participants who rank from 4th to 100th will receive a Stellar Lite $10,000 Challenge Account free of charge! The Trade Master Cup is more than a competition—it is a gateway to refining your trading strategies, building confidence, and gaining recognition while securing valuable rewards. ss: https://prnt.sc/A6_bkeOC2xHQ Note: FundedNext reserves the right to modify the prizes and rules of the Trade Master Cup competition at any time.

When Does the Trade Master Cup Take Place Each Month?

The Trade Master Cup follows a consistent schedule, ensuring an exciting and well-structured competition every month: Start Date: The competition begins on the 7th of every month at 06:00:00 (GMT +2). If the 7th falls on a weekend, the event officially starts on that date, and trading commences as soon as the market opens. ​ End Date: The competition concludes on the 21st of the month at 19:00:00 (GMT +2). ​ Duration: Spanning two weeks, the Trade Master Cup offers 10 trading days for participants to demonstrate their skills and compete for top prizes. ​ Registration End Date: The registration ends on the 5th day of each month. This schedule provides a balanced and engaging timeframe for traders to perform at their best.

What is the registration fee of the Trade Master Cup?

"""The registration fee for the Trade Master Cup is a nominal $35. This fee grants you access to the competition, providing an opportunity to showcase your trading skills and compete for exceptional rewards. The registration fee is non-refundable, and clients are not eligible for a registration fee refund on free accounts during payout.""

Can I Reset My Trade Master Cup Account?

Yes, you can reset your Trade Master Cup account. Here are the details: Reset Fee: The reset fee for the Trade Master Cup is $35. ​ Reset Timeline: Resets are allowed up until the 19th of the month. For example, if you register for the January Trade Master Cup, you can reset your account anytime before January 19th. Resets will not be permitted after this date.

Is there a profit target in the Trade Master Cup?

Unlike the FundedNext Challenges, the Trade Master Cup has no set profit target. Participants have the freedom to grow their account balance as much as possible throughout the competition. At the end of the event, the trader with the highest account balance will secure 1st place. ​ This unique approach allows traders to focus entirely on maximizing their performance without the pressure of hitting specific targets. The flexibility encourages participants to apply their strategies creatively and showcase their true trading potential, making the Trade Master Cup an exciting and rewarding competition for all.

What are the daily and maximum drawdown limits in the Trade Master Cup?

Here’s a detailed breakdown of the daily and maximum drawdown limits for the Trade Master Cup: Daily Loss Limit: The Daily Loss Limit is 5% of your initial balance. ​ For example, if your account balance is $100,000, the maximum you can lose in a single day is $5,000. If you hit this limit, the account will be breached, and you will need to reset your account to continue trading. Overall Loss Limit: The Overall Loss Limit is 10% of the initial balance. For example, if your account balance is $100,000, the total allowable loss is $10,000. If your balance reaches this drawdown level, the account will be breached, and you will need to reset your account to continue trading.

Are the Accounts in the Trade Master Cup Swap-Free?

All accounts in the Trade Master Cup are entirely Swap-Free. This means traders will not incur any swap or rollover fees on their positions, making the competition accessible and inclusive for participants from all trading backgrounds, including those who prefer to avoid interest-based transactions. ​ Whether you’re a beginner or an experienced trader, the Swap-Free structure ensures a level playing field for everyone. It allows participants to focus entirely on their trading strategies and skills without worrying about additional costs, fostering a fair and competitive environment.

What are the differences between Free Competition and the Trade Master Cup?

The Trade Master Cup offers unique advantages that make it a preferred option for traders who want to trade competitively: Limited Participants: With a cap of just 5,000 participants worldwide (excluding restricted countries), the competition provides a smaller pool of competitors, increasing your chances of winning. ​ Larger Prize Pool: The competition requires a joining fee, but the prize pool is significantly larger, making it a more rewarding opportunity. ​ Account Reset Option: Unlike many competitions, the Trade Master Cup allows you to reset your account, offering greater flexibility. On the other hand, the FundedNext Monthly Competition has no participant limit, making it more accessible to a wider audience. However, it does not include the account reset feature available in the Trade Master Cup. This makes the Trade Master Cup an excellent option for those seeking a more competitive environment with higher potential rewards.

What instruments can I trade in the Trade Master Cup?

Here are the available instruments for trading in the Trade Master Cup: 💵 Currencies: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDSGD, AUDUSD CADCHF, CADJPY, CHFJPY EURAUD, EURCAD, EURCHF, EURGBP, EURHKD, EURHUF, EURJPY, EURNOK, EURNZD, EURSGD, EURTRY, EURUSD GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPSGD, GBPUSD MXNJPY, NOKJPY NZDCAD, NZDCHF, NZDJPY, NZDSGD, NZDUSD SGDJPY USDCAD, USDCHF, USDCNH, USDDKK, USDHUF, USDJPY, USDMXN, USDNOK, USDPLN, USDSGD, USDTRY, USDZAR USDHKD, ZARJPY 🏢 Indices and Commodities: XAGUSD, XPTUSD, XAUUSD UKOUSD, USOUSD AUS200, EUSTX50, FRA40, GER30, HK50 SPX500, NDX100, NTH25, SWI20, UK100, US30 This diverse range of instruments provides participants with ample opportunities to trade across various markets and refine their strategies.

Do I need to attend an interview to claim my prize?

The top three winners of the Trade Master Cup must participate in an interview to claim their prizes. This is a fantastic opportunity to share their trading journey, highlight their strategies, and inspire others in the trading community. ​ These interviews will also be featured in promotional materials, celebrating the winners’ achievements and showcasing their success to a wider audience. By sharing their stories, the winners can motivate aspiring traders and demonstrate the power of dedication, skill, and perseverance in achieving greatness.

What is the rule regarding single trade profit in the Trade Master Cup?

The profit from a single trade cannot exceed 50% of the total profit. If a trade generates profit beyond this threshold, only 50% of the total profit will be included in the overall calculation, and any excess will be excluded. For example, in a $100,000 FundedNext Account with a total profit of $10,000 across five winning trades, no single trade can contribute more than $5,000. If one trade generates $6,000 in profit, only $5,000 will be counted, and the remaining $1,000 will be excluded from the total profit calculation. This rule promotes consistent performance across trades, ensuring a fair assessment of trading skills and discouraging reliance on a single large trade to achieve success.

Can I copy trade in both my Challenge Account and the Trade Master Cup?

Copy trading between your Challenge Account and Trade Master Cup Account is not allowed. Each account operates independently to maintain a fair and competitive environment. This ensures that all participants are evaluated based on their individual trading strategies and skills, without the influence of external factors. By keeping the accounts separate, we promote a level playing field for everyone involved, allowing each trader to showcase their abilities and compete on their own merits. ​ This policy ensures that the competition remains a true reflection of each trader's personal expertise and decision-making skills.

Can I participate in both the FundedNext Free Monthly Competition and the Trade Master Cup simultaneously?

Traders are welcome to participate in both the FundedNext Free Monthly Competition and the Trade Master Cup at the same time. This dual participation provides an incredible opportunity to challenge yourself in multiple events, showcasing your skills across different platforms. ​ Competing in both competitions allows you to test your strategies, refine your trading techniques, and significantly increase your chances of success. It’s a chance to not only maximize your potential for winning prizes and recognition but also to gain valuable experience in diverse and competitive trading environments. ​ By taking part in both, you can push your limits, enhance your trading expertise, and truly elevate your performance to new heights. This is the ultimate way to challenge yourself and achieve greatness in the world of trading!

What Are the Leverage and Commission Fees for Trade Master Cup Competition Accounts?

The Trade Master Cup offers competitive leverage and commission rates to ensure a fair and engaging trading environment for all participants. ​ Leverage: The leverage is designed to balance opportunity and risk: Forex Pairs: 1:30 Commodities: 1:10 Indices: 1:5 Commission: The commission structure is straightforward and transparent: Forex: $3 per lot Commodities: $3 per lot Indices: No commission These settings allow traders to optimize their strategies while maintaining clarity on costs.

What are the rules for the Trade Master Cup?

Starting Date: The Trade Master Cup starts on the 7th of every month. ​ Ending Date: The Trade Master Cup ends on the 21st of every month. ​ Account Size: Participants will receive a $100,000 trading account to showcase their skills and compete for top honors. ​ Maximum Participants: The Trade Master Cup can accommodate up to 5,000 participants. ​ Single Account Registration: Each participant may register only one account using a single email address and IP address. Registering multiple accounts will result in disqualification from the competition. ​ Daily Drawdown: The Daily Loss Limit is set at 5% of the initial account balance. ​ Maximum Drawdown: The maximum allowable drawdown during the competition is 10% of the initial balance. ​ Prohibited Use of EAs: The use of Expert Advisors (EAs) is not allowed during the Trade Master Cup Competition. Participants are expected to engage in manual trading only. ​ Trades Per Day: Traders can place a maximum of 100 trades per day. This limit is in place to help manage risk and promote consistent trading behavior. ​ News Trading: News trading is allowed. ​ Lot Size Restriction: There are no specific restrictions on lot sizes. ​ Single Trade Profit: The profit from a single trade cannot exceed 50% of the total profit. ​ Trade Holding Rules: Overnight and over-weekend holding of trades is permitted in the Trade Master Cup. ​ Restricted Trading Strategies: Understanding FundedNext's restricted and prohibited trading strategies is crucial for traders to ensure compliance with the Terms of Service (TOS) and maintain a fair and transparent trading environment. For a detailed understanding of these restricted strategies, traders should review the relevant article, which provides an in-depth look at all the prohibited strategies, helping them stay informed and compliant. Note: FundedNext reserves the right to modify the prizes and rules of the Trade Master Cup at any time. Please note that the competition registration fee is non-refundable, and risk management procedures may vary between Competition Accounts and Challenge/FundedNext Accounts based on the applicable rules.

FundedNext Free Trial Rules

The Free Trial Account at FundedNext is a unique opportunity for participants to experience real trading conditions without financial risks. It's designed for traders to showcase their skills and understand our platform better. Free Trial Accounts follow a 1-step process. Here's everything you need to know about Free Trial Accounts: Registration: Each trader in the Free Trial is permitted to register only one account at a time. This account must be unique and associated with a single email and IP address. Once your account is disabled, you may request another, ensuring an opportunity for unlimited free trials while maintaining the integrity of a single, active account policy. After free trial sign-up, users will receive the new account email. Profit Target: The objective for each trader is to achieve a 5% profit on their initial account balance. This target is set to encourage strategic trading and effective risk management. Minimum Trading Days Requirement: Traders are required to trade for a minimum of 3 days within the 14-day trial period. This ensures active participation and provides a fair evaluation of trading skills. Daily Loss Limit: The Free Trial Account has a Daily Loss Limit of 5% of the account balance. This limit refreshes every day after midnight according to the server time. Overall Loss Limit: The Free Trial Account has an Overall Loss Limit of 10% of the account balance. Time Limit: Traders will receive 14 calendar days from the date of the first trade to reach the profit target. After this period, the account will be automatically disabled. Weekend Position Holding: There are no restrictions on holding positions over the weekend. Reset Option Availability: The Free Trial Account does not offer the option to reset the account. Account Balance Options: Account balance options range from $6,000 to $200,000, accommodating various levels of trading experience and strategies. Account Type and Leverage: The Free Trial Accounts are swap accounts with a leverage setting of 1:100 for forex instruments, 1:40 for commodities, and 1:20 for indices. This standard leverage is consistent with many professional trading environments. Trading Platform: All trading activities are to be conducted on the MT5 platform. News Trading: The use of news trading is permitted, allowing traders to fully explore various trading methodologies. Expert Advisors (EAs): Usage of EAs is not permissible in the Free Trial Accounts. Traders using Expert Advisors will face restrictions on opening any new trades. Maximum Number of Trades: The maximum number of open positions is 30 at a time. If traders try to open a new position after having 30 open trades, they will not be allowed to open any new trades until the existing trades are closed. For more information, kindly refer to the image below: https://prnt.sc/ha-iSdx0atHZ Compliance with these rules is essential for fair and successful participation in the FundedNext Free Trial Accounts. Disregarding any of these rules may lead to disqualification from the trial and affect future participation opportunities.

What is the FundedNext trading competition about?

The FundedNext Trading Competition is an exciting monthly event open to traders of all skill levels. It provides an opportunity for participants to demonstrate their trading skills and compete for attractive prizes. This competition creates a dynamic environment in which traders can fine-tune their strategies, compete with peers, and climb the leaderboard. With 150 winners chosen each month, it provides a global platform for traders to showcase their skills and potentially earn rewards for outstanding performance. Can I trade in a Free Competition Account and in a Challenge or FundedNext Account together? Absolutely! The traders are allowed to do that. There are no such restrictions on the FundedNext platform regarding participation in the Free Competition and Challenge Accounts altogether. Even the traders can copy trades from one account to another if the Accounts belong to them. For example, the trader can participate in the Free Monthly Competition regardless of having a Challenge or FundedNext Account.

Is the competition free?

Absolutely! The FundedNext Trading Competition is completely free for all participants. There are no entry fees or costs associated with joining, ensuring that traders from all backgrounds can compete without financial constraints. This approach provides a level playing field where traders can showcase their skills, compete for prizes, and enjoy the thrill of trading without worrying about expenses.

What are the start and end dates & times of the competition?

The FundedNext Trading Competition begins on the 1st day at 6:00 AM (GMT+3) of each month and ends on the last day at 7:00 PM (GMT+3) of the same month. Mark these dates on your calendar to ensure you don't miss out on the chance to showcase your trading prowess and compete for remarkable prizes. Please note: if the month starts with a weekend (Saturday or Sunday), the Competition starts on the immediate Monday as the market remains closed during the weekend. Similarly, the Competition ends on the last Friday if there is a weekend (Saturday or Sunday) at the end of the month.

When and how can I register for each competition?

Get ready for an exciting journey! Registration for each FundedNext Trading Competition opens before the competition month begins. For example, if you want to participate in July's competition, you need to register between June 1st and June 30th. So, mark your calendars and don't miss your chance to join in! Here's how to register: Visit the FundedNext website or access your FundedNext Dashboard. From the left sidebar, navigate to the competitions section. https://fundednext.com/competition/registration?_gl=1*a82r5v*_gcl_au*MTc4NDQzNjcwMi4xNzI3ODQ1NjA4*_ga*ODQ5OTEyLjE3Mjc4NDU2MDg.*_ga_6SQKKR64XD*MTcyOTU3NjA0MS40My4xLjE3Mjk1NzgzNTkuMjEuMC4w Click on the "Enroll" button. Look out for an email from FundedNext, which will provide you with all the essential rules, guidelines, and login credentials. Once registered, sit back, and wait for the competition to begin! Remember, trading in the competition account is only permitted during the specified period. For example, traders participating in the competition for the month of June can only trade from June 1st to the 30th of June. https://prnt.sc/Fos7BjrdBFUp

What are the rules for the FundedNext Traders' Competition?

The FundedNext Trading Competition has a set of rules that participants must adhere to. Here are the key rules for the competition: Single Account Registration: Each participant is allowed to register only one account using a single email address and IP address. Registering multiple accounts will lead to disqualification from the competition. Daily Drawdown: Our daily loss limit specifies that you are permitted to lose 5% of your initial account balance on any given day. So here is how the calculation works: Daily loss limit = Your Last day's Balance - Today's Balance/Equity Maximum Allowable Drawdown: The maximum allowable drawdown in the competition is set at 10% of the initial balance. Participants must ensure their drawdown does not exceed this limit. Prohibited Use of EAs: The use of Expert Advisors (EAs) is not allowed during the competition. Participants are expected to engage in manual trading only. ​ Minimum Trading Days: To be eligible for winning a prize, participants must actively trade for a minimum of 5 days during the competition period. Traders only need to take a minimum of 5 individual and separate trades during their trading journey. The trading days do not need to be consecutive so that you can trade freely. ​ Leverage: The leverage for the competition follows the standard levels of 1:100 for all FX pairs and 1:30 for commodities and indices. ​ 50 Trades Per Day: Traders can place a maximum of 50 trades per day. This limit helps manage risk and ensures consistent trading behavior. ​ Position and Lot Size Limits: Participants can execute a maximum of 5 positions at a time. The lot size limits are set at 5 lots for FX instruments and 3 lots for Indices, Commodities and Metals. The maximum lot size is 5 per Forex pairs, and the maximum lot size is 3 per Indices, Commodities and Metals. For Example: 5 Lot EURUSD 3 Lot XAUUSD 3 Lot GER30 3 Lot US30 5 Lot GBPUSD Total Lot: 19 Total Position: 5 (Max Position) Trade Closure: There is no restriction on closing your trades. Feel free to hold them overnight or over the weekend. But please know that all the trades in the FundedNext Competition account will be automatically closed 15 minutes before the competition ends. Account Size Limitation for Restricted Countries: In the FundedNext Traders' competition, Traders from Max Allocation restricted countries will not receive accounts greater than their allocated account size limitations Kindly refer to the image below to learn more about the rules of the FundedNext competition:https://prnt.sc/9vkWJlymuu-P It's important to thoroughly review and understand these rules before participating in the FundedNext Trading Competition. Failure to comply with any of the rules may result in disqualification from the competition.

During the competition, am I allowed to trade during news events?

Absolutely! Traders are allowed to trade during news events throughout the Competition, granting them the flexibility to engage in the market during significant economic announcements, press releases, and other market-moving events. However, it's crucial to exercise caution and implement proper risk management strategies when trading during news events. Market volatility can escalate significantly during these periods, amplifying the level of risk involved. Therefore, it's essential to remain informed about upcoming news releases, evaluate their potential impact on the market, and adjust your trading strategy accordingly.

During the competition, can we use the Trade Manager?

The use of the Trade Manager is not permitted in the Competition Account. This ensures a fair playing field where traders rely solely on their skills and strategies. All participants can showcase their expertise and excel based on their trading acumen and decision-making abilities.