Brief informationFundedNext
The platform FundedNext positions itself as a prop trading firm that offers users real funding to trade on its own accounts. The main condition is that the trader must successfully pass the evaluation phase.
The official website fundednext.com states that the project’s headquarters is located at Office no. 7, AI Robotics HUB, C1 Building, AFZ, Ajman, UAE. Another branch is based at Pittalou 26, Laiki Leukothea, 3118, Agia Flakseos, Limassol, Cyprus. The Chairman of the Board is Abdullah Jayed.
Notably, Funded Next recently launched FNmarkets — the company’s own brokerage platform.
The platform’s contacts include the email support@fundednext.com and phone number +35725255160. The website also features an online chat and a feedback form.
Funded Next rules of engagement
The prop company offers the following cooperation scheme:
The trader-applicant must pass an evaluation process, during which they will trade on a demo account and achieve specific trading goals.
After successfully completing the evaluation phase, FundedNext promises to allocate a live funded account and pay the trader 95% of the profits, as well as 15% during the challenge phase. The maximum funding budget is $300,000.
The user only pays a fee during the demo phase.
Challenge terms & conditions at FundedNext
Funded Next has developed 4 models for the evaluation phase:
Stellar 2-Step. Users can choose a demo plan with budgets of $6,000, $15,000, $25,000, $50,000, $100,000, and $200,000. Fees are $59, $119, $199, $299, $549, and $1,099 respectively. The profit targets for the two steps are 8% and 5%. The maximum allowed loss is 5% per day and 10% over the period (minimum 5 days). FundedNext promises the first payouts after 21 days.
Stellar 1-Step. The company offers demo accounts with similar balances. Fees range from $65 to $1,099. The profit target is 10%. The daily loss limit is 3%, and 6% for the entire period. Earnings can be withdrawn after 5 days.
Stellar Lite. FundedNext requires reaching profit targets of 8% and 4% during two phases. The total drawdown limit is 4% daily and 8% overall. Trader fees range from $32 to $798. The first withdrawal is possible after 3 weeks.
Stellar Instant. Under this plan, fundednext.com applicants can skip the challenge and receive immediate funding of $5,000, $10,000, or $20,000. Fees range from $195 to $780. The maximum loss level is 6%. The promised profit share is up to 80%.
Funded Next offers trading CFDs on stock indices, metals, and commodities, as well as futures and Forex trading. Available terminals include Match Trader, MT4/5, and cTrader.
Registration and personal account on fundednext.com
You can create an account using either the official site fundednext.com or the subdomain app.fundednext.com. During registration, you must provide:
first and last name;
date of birth;
country and city;
gender;
contact details;
password.
You can also log in to the personal account via your Google account.
Deposits and withdrawals with Funded Next
The platform accepts payments exclusively in digital currencies — USDC and USDT. Users can withdraw a minimum of $20. It is stated that the processing time for withdrawal requests is no more than 24 hours. Besides network fees, no other commissions are charged. For other withdrawal conditions, users can contact support at +35725255160.
Conclusion about FundedNext
Before starting cooperation with this prop firm, it is useful to study reviews about FundedNext to better understand the company’s strengths and weaknesses.
