Firm Intel & Review
FundedNext Overview
FundedNext, founded in March 2022 and headquartered in the United Arab Emirates, has rapidly grown into one of the top prop trading firms globally. With a 4.6/5 Trustpilot score based on 14,350+ reviews, FundedNext is a CFD provider offering both 1-Step and 2-Step evaluation programs.
Trading Programs
FundedNext offers the Stellar Challenge in both 1-Step and 2-Step formats. Account sizes range from $6,000 to $200,000. An Instant Funding option is also available for traders who want to skip evaluation entirely.
Key Rules
- Profit Target: 10% (1-Step) / 8% Phase 1, 5% Phase 2 (2-Step)
- Max Daily Loss: 5%
- Max Overall Loss: 10%
- Profit Split: Up to 95%
- News Trading: Allowed in Evaluation; restricted on funded/instant accounts (40% news profit split rule within 5 mins of high-impact news)
Platforms Supported
cTrader, Match Trader, MT4, MT5
Payout Details
- Minimum payout: $20
- 1-Step payouts: Every 7 days
- 2-Step first payout: 21 days, then every 14 days
- Payout methods: Crypto (USDT/USDC), RiseWorks, TC Pay
Why FundedNext?
FundedNext’s rapid growth, competitive pricing, and flexible program structures make it an excellent choice for both new and experienced traders. The availability of TradingView on all challenge accounts (since August 2024) further strengthens its appeal.