All You Need To Know About FundedNext
About FundedNext
FundedNext, officially known as GrowthNext, is a proprietary trading firm based in Ajman, UAE, and was launched in 2022. Led by CEO Abdullah Jayed, the firm offers traders the opportunity to manage accounts with up to $300,000 in capital and earn up to 95% of the profits they generate. FundedNext operates in over 195+ countries, has rewarded more than $95 million, and It proudly has over 97K+ traders on board. The average payout time for traders is just 5 hours.
Choose The Best FundedNext Plan
Overview Of FundedNext Trading Challenges and Rules
FundedNext offers three distinct models of proprietary trading challenges—Stellar, Express, and Evaluation—each designed to cater to different trading styles, risk appetites, and account preferences. With various subaccount options, it’s easy to find the challenge that aligns best with your needs.
Here’s a simplified breakdown of the available models:
- Stellar: With account sizes ranging from $6,000 to $200,000, Stellar provides up to 95% profit splits and utilizes a balance-based drawdown system. Traders can choose between a one-step or two-step challenge, offering flexibility in their journey to secure funding.
- Stellar Lite: Tailored for smaller accounts between $5,000 and $100,000, Stellar Lite also features profit splits of up to 95% while offering lower fees and adjusted risk parameters. It operates exclusively as a two-step challenge.
- Evaluation: This two-step challenge is perfect for traders seeking structure and achievable profit targets. With profit splits of up to 90% and generous drawdown limits, it supports a disciplined trading approach.
- Express: Available in two variants—Consistency, with stricter rules and account sizes up to $200,000, or Non-Consistency, offering greater flexibility for smaller accounts of up to $100,000.
With these options, FundedNext ensures traders can find a challenge model that suits their trading strategy and goals.
1. Stellar Prop Challenge
The Stellar Prop Challenge from FundedNext provides traders with the flexibility to choose between a one-step or two-step evaluation process, with the added benefit of no time constraints. Both options enable traders to work toward funding while enjoying profit splits of up to 95%, ensuring a rewarding trading experience.
The main distinction between the two models lies in their structure: the one-step challenge allows for faster qualification, while the two-step challenge features slightly lower profit targets in each phase, giving traders greater flexibility.
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Key Features of Stellar Accounts:
- Profit Splits: Earn up to 95% on all Stellar account models.
- Audition Fees: Starting from $59 for the two-step challenge and $65 for the one-step challenge.
- Flexible Steps: Choose between a one-step or two-step evaluation.
- No Time Limit: Progress at your own pace without deadlines.
- Balance-Based Drawdown: Enjoy a stress-free trading environment with an adaptive drawdown model.
Stellar 1-Step
| Account Size | Fee | Profit Share From Challenge Phase | Profit Target | Maximum Daily Loss | Maximum Overall Loss | Balance Based Drawdown | Minimum Trading Days | Profit Split Upto | News Trading |
|---|---|---|---|---|---|---|---|---|---|
| $6,000 | $65 | $90 | 10% | 3% ($180) | 6% ($360) | Yes | 2 Days | 95% | Yes |
| $15,000 | $129 | $225 | 10% | 3% ($450) | 6% ($900) | Yes | 2 Days | 95% | Yes |
| $25,000 | $219 | $375 | 10% | 3% ($750) | 6% ($1,500) | Yes | 2 Days | 95% | Yes |
| $50,000 | $329 | $750 | 10% | 3% ($1,500) | 6% ($3,000) | Yes | 2 Days | 95% | Yes |
| $100,000 | $569 | $1,500 | 10% | 3% ($3,000) | 6% ($6,000) | Yes | 2 Days | 95% | Yes |
| $200,000 | $1,099 | $3,000 | 10% | 3% ($6,000) | 6% ($12,000) | Yes | 2 Days | 95% | Yes |
Stellar 2-Step
| Account Size | Fee | Profit Share From Challenge Phase | Profit Target | Maximum Daily Loss | Maximum Overall Loss | Balance Based Drawdown | Minimum Trading Days | Profit Split Upto | News Trading |
|---|---|---|---|---|---|---|---|---|---|
| $6,000 | $59 | $117 | P1: 8%, P2: 5% | 5% ($300) | 10% ($600) | Yes | 5 Days | 95% | Yes |
| $15,000 | $119 | $292.50 | P1: 8%, P2: 5% | 5% ($750) | 10% ($1,500) | Yes | 5 Days | 95% | Yes |
| $25,000 | $199 | $487.50 | P1: 8%, P2: 5% | 5% ($1,250) | 10% ($2,500) | Yes | 5 Days | 95% | Yes |
| $50,000 | $299 | $975 | P1: 8%, P2: 5% | 5% ($2,500) | 10% ($5,000) | Yes | 5 Days | 95% | Yes |
| $100,000 | $549 | $1,950 | P1: 8%, P2: 5% | 5% ($5,000) | 10% ($10,000) | Yes | 5 Days | 95% | Yes |
| $200,000 | $999 | $3,900 | P1: 8%, P2: 5% | 5% ($10,000) | 10% ($20,000) | Yes | 5 Days | 95% | Yes |
2. Stellar Lite Prop Challenge
The Stellar Lite challenge is perfect for traders seeking smaller account sizes and lower fees while benefiting from an impressive 95% profit split. Designed as a 2-step challenge, Stellar Lite provides an accessible entry point into funded trading, making it ideal for those with a lower risk appetite.
Key Features of Stellar Lite Challenges
- High Profit Split: Earn up to 95% of your profits.
- 2-Step Evaluation: A streamlined process tailored for cautious traders.
- Smaller Account Sizes: Options starting from $5,000.
- Affordable Fees: Entry fees as low as $32.
- Simplified Approach: Available exclusively as a 2-step challenge
Stellar Lite
| Account Size | Fee | Profit Share From Challenge Phase | Profit Target | Maximum Daily Loss | Maximum Overall Loss | Balance Based Drawdown | Minimum Trading Days | Profit Split Upto | News Trading |
|---|---|---|---|---|---|---|---|---|---|
| $5,000 | $32 | $80 | P1: 8%, P2: 4% | 4% ($200) | 8% ($400) | Yes | 5 Days | 95% | Yes |
| $10,000 | $59 | $150 | P1: 8%, P2: 4% | 4% ($400) | 8% ($800) | Yes | 5 Days | 95% | Yes |
| $25,000 | $139 | $350 | P1: 8%, P2: 4% | 4% ($1,000) | 8% ($2,000) | Yes | 5 Days | 95% | Yes |
| $50,000 | $229 | $550 | P1: 8%, P2: 4% | 4% ($2,000) | 8% ($4,000) | Yes | 5 Days | 95% | Yes |
| $100,000 | $399 | $1,000 | P1: 8%, P2: 4% | 4% ($4,000) | 8% ($8,000) | Yes | 5 Days | 95% | Yes |
3. Evaluation Challenges
The Evaluation Prop Challenge at FundedNext is tailored for traders ready to showcase their skills through a structured 2-step process with achievable profit targets.
This model starts with an attractive 80% profit split, which can increase to 90% as traders meet performance milestones and demonstrate consistent success. It’s an ideal choice for those seeking a balanced and rewarding trading experience.
Key Features of Evaluation Challenges
- Structured Two-Step Process: Phase 1 requires a 10% profit target, while Phase 2 lowers it to 5%, ensuring a progressive evaluation.
- Risk Parameters: Traders benefit from a 5% maximum daily loss limit and a 10% overall loss cap.
- Flexible Drawdown System: A balance-based approach offers greater adaptability.
- Retakes and Extensions: Enjoy unlimited free retakes and a 14-day extension for added convenience.
- Affordable Options: Fees start at just $49, with account sizes ranging from $5,000 to $200,000 to suit various trading needs.
Evaluation Challenges
| Account Size | Fee | Profit Share From Challenge Phase | Profit Target | Maximum Daily Loss | Maximum Overall Loss | Balance Based Drawdown | Minimum Trading Days | Profit Split Upto | News Trading | Time Limit |
|---|---|---|---|---|---|---|---|---|---|---|
| $6,000 | $49 | $135 | P1: 10%, P2: 5% | 5% ($300) | 10% ($600) | Yes | 5 Days | 95% | Yes | P1: 4 weeks, P2: 8 weeks |
| $15,000 | $99 | $337.50 | P1: 10%, P2: 5% | 5% ($750) | 10% ($1,500) | Yes | 5 Days | 95% | Yes | P1: 4 weeks, P2: 8 weeks |
| $25,000 | $199 | $562.50 | P1: 10%, P2: 5% | 5% ($1,250) | 10% ($2,500) | Yes | 5 Days | 95% | Yes | P1: 4 weeks, P2: 8 weeks |
| $50,000 | $299 | $1,125 | P1: 10%, P2: 5% | 5% ($2,500) | 10% ($5,000) | Yes | 5 Days | 95% | Yes | P1: 4 weeks, P2: 8 weeks |
| $100,000 | $549 | $2,250 | P1: 10%, P2: 5% | 5% ($5,000) | 10% ($10,000) | Yes | 5 Days | 95% | Yes | P1: 4 weeks, P2: 8 weeks |
| $200,000 | $999 | $4,500 | P1: 10%, P2: 5% | 5% ($10,000) | 10% ($20,000) | Yes | 5 Days | 95% | Yes | P1: 4 weeks, P2: 8 weeks |
4. Express Model
The Express Model at FundedNext offers traders two unique account options: Consistency and Non-Consistency, each tailored to different trading styles and funding preferences.
Consistency Account:
Designed for disciplined traders, this account requires maintaining consistent trading behavior. It offers the opportunity to manage up to $200,000 in real funds while adhering to strict consistency rules.Non-Consistency Account:
This option provides greater flexibility by removing consistency requirements, giving traders the freedom to adopt their preferred trading style. However, account sizes are capped at $100,000, with real funding set at 25% of the challenge amount.
Consistency Account
| Account Size | Fee | Profit Share From Challenge Phase | Profit Target | Maximum Daily Loss | Maximum Overall Loss | Minimum Trading Days | Profit Split Upto | News Trading |
|---|---|---|---|---|---|---|---|---|
| $6,000 | $49 | $225 | 25% | 5% ($300) | 10% ($600) | 10 Days | 95% | Yes |
| $15,000 | $99 | $562.50 | 25% | 5% ($750) | 10% ($1,500) | 10 Days | 95% | Yes |
| $25,000 | $199 | $937.50 | 25% | 5% ($1,250) | 10% ($2,500) | 10 Days | 95% | Yes |
| $50,000 | $299 | $1,875 | 25% | 5% ($2,500) | 10% ($5,000) | 10 Days | 95% | Yes |
| $100,000 | $549 | $3,750 | 25% | 5% ($5,000) | 10% ($10,000) | 10 Days | 95% | Yes |
| $200,000 | $999 | $7,500 | 25% | 5% ($10,000) | 10% ($20,000) | 10 Days | 95% | Yes |
Non-Consistency Account
| Account Size | Fee | Profit Share From Challenge Phase | Profit Target | Maximum Daily Loss | Maximum Overall Loss | Minimum Trading Days | Profit Split Upto | News Trading |
|---|---|---|---|---|---|---|---|---|
| $6,000 | $49 | $225 | 25% | 5% ($300) | 10% ($600) | 10 Days | 95% | Yes |
| $15,000 | $99 | $562.50 | 25% | 5% ($750) | 10% ($1,500) | 10 Days | 95% | Yes |
| $25,000 | $199 | $937.50 | 25% | 5% ($1,250) | 10% ($2,500) | 10 Days | 95% | Yes |
| $50,000 | $299 | $1,875 | 25% | 5% ($2,500) | 10% ($5,000) | 10 Days | 95% | Yes |
| $100,000 | $549 | $3,750 | 25% | 5% ($5,000) | 10% ($10,000) | 10 Days | 95% | Yes |
| $200,000 | $999 | $7,500 | 25% | 5% ($10,000) | 10% ($20,000) | 10 Days | 95% | Yes |