FundedNext
CFDOverview
GENERAL INFORMATION
- Firm Name
FundedNext
- Established
March 2022
- Location
United Arab Emirates
- Instrument Types
CFD
- Programs
1-Step (Stellar), 2-Steps (Stellar), Instant (Stellar)
- Account Sizes
$6,000 – $200,000
BROKER & PLATFORM
- Broker
Institutional Liquidity Provider
- Platforms
Match Trader, MT4, MT5
PAYMENT & PAYOUT METHODS
- Payment Methods
Apple Pay, Astropay, Credit/Debit Card, Crypto, Google Pay, PayPal, Perfect Money, Skrill, TC Pay
- Payout Methods
Crypto, Riseworks
- Payout Limits (USDT TRC20)
Min $20 / Max $1,999
- Payout Limits (USDT/USDC ERC20)
Min $50 / Max $1,999
- Payout Limits (RiseWorks)
Min $50 / No max
- Payout Limits (TC Pay)
Min $20 / Max $5,000
INSTRUMENTS & ASSETS
- Assets
FX, Crypto, Indices, Other Commodities
Challenges & pricing
| Account | Price | Phase 1 | Phase 2 | |
|---|---|---|---|---|
| $5,000 | $32.99 | 8% | 4% | Get funded |
| $6,000 | $59.99 | 8% | 5% | Get funded |
| $10,000 | $59.99 | 8% | 4% | Get funded |
| $15,000 | $119.99 | 8% | 5% | Get funded |
| $25,000 | $199.99 | 8% | 5% | Get funded |
| $25,000 | $139.99 | 8% | 4% | Get funded |
| $50,000 | $299.99 | 8% | 5% | Get funded |
| $50,000 | $229.99 | 8% | 4% | Get funded |
Rules & conditions
LEVERAGE
- Leverage by Asset & Program
- FXInstant 1:301-Step 1:302-Steps 1:100Crypto: 1:1 (all programs)IndicesInstant 1:51-Step 1:52-Steps 1:15Other CommoditiesInstant 1:7.51-Step 1:102-Steps 1:15
COMMISSIONS
- FX
- Stellar 1-Step & 2-Step$5/lotStellar Lite & Instant: $7/lot
- Crypto
0.04%/lot
- Indices
No commission
- Other Commodities
- Stellar 1-Step & 2-Step$5/lotStellar Lite & Instant: $7/lot
CONSISTENCY RULES
- Consistency Rule
None
FIRM RULES
- Copy Trading
Allowed only between challenge accounts and between instant accounts
- Expert Advisors (EAs)
Add-on only. MT4/MT5 only. Must be customized. Identical trades across accounts not allowed. Cannot switch EA↔manual between eval & funded. Max $300K allocation per EA strategy.
- News Trading (Evaluation)
Allowed without restriction
- News Trading (Funded & Instant)
Allowed with restriction: trades executed 5 min before/after high-impact news subject to 40% news profit split rule
- Inactivity Rule
60 days inactivity = account expiry
- Drawdown Adjustment (Instant)
If 6% trailing max DD resets to initial balance after 6%+ profit, must maintain profit buffer. Withdrawing all profits = account closure.
- Max Risk Per Trade (Funded)
3% risk-per-trade guideline (based on SL). No SL within 3 min = 100% risk. Violations: 1st = 50% profit reduction, 2nd = 100% reduction, 3rd = Disciplined Trader Program.
- Margin Requirements
Must maintain 20–30% margin usage, strict max cumulative limit of 70%
- Strategy Consistency
Must use same strategy/method in eval and funded. Cannot switch asset classes or significantly change margin/risk usage.
- Account Rolling
Strictly prohibited. Buying multiple evals to sacrifice some = violation. May lead to purchase restrictions or lifetime allocation limits.
- Prohibited Strategies
One-sided betting, grid trading, and other restricted strategies (see help.fundednext.com)
GENERAL CHALLENGE PARAMETERS
- 1-Step Profit Target
10% (or 25% option available)
- 2-Step Phase 1 Target
8% (or 10% option)
- 2-Step Phase 2 Target
5%
- Max Total Drawdown
6%–10% (varies by program)
- Consistency Rule
None
- Inactivity Threshold
60 days
- Margin Limit
20–30% usage, max 70% cumulative
Payouts
PAYOUT POLICY
- Stellar 1-Step
Every 7 days
- Stellar 2-Step
First payout 21 days, then every 14 days
- Stellar Lite
First payout 21 days, then every 14 days
- Stellar Instant
On-demand if ≥5% profit (withdraw immediately). Bi-weekly if <5% profit (min 1% profit, after 14 days). Payouts below $20 cannot be withdrawn.
Restricted countries
RESTRICTED COUNTRIES
- Restricted Countries
Antigua and Barbuda, Bangladesh, Belarus, Belize, Bouvet Island, Burundi, Cape Verde, Chad, Comoros, Cook Islands, Eritrea, Fiji, Grenada, Malaysia, Myanmar, North Korea, Sri Lanka, Syria, Tuvalu, Vietnam