FundedNext

Company Overview

FundedNext was founded in 2022 and is headquartered in Dhaka, Bangladesh, with additional operations in the UAE and UK.

Evaluation Process & Trading Rules

FundedNext offers a Stellar 1-Step model (around a 10% profit target, single phase) and a Stellar 2-Step model (roughly 8% Phase 1 / 6% Phase 2 profit targets). The 2-Step model uses a static maximum drawdown of about 10% and a daily drawdown limit of about 4% of the initial balance; the 1-Step model uses a tighter daily loss limit of around 3% and 6% overall. To withdraw profits, traders must complete a minimum number of trading days and follow the firm's Consistency Rule.

Funding & Profit Split

Account sizes range from $6,000 to $200,000 per account, with a maximum combined starting allocation of $300,000 (up to $600,000 with the Double Up add-on). Scaling for qualified traders can extend total simulated capital up to $4 million. The standard profit split is 80%, rising to 90% after the first scale-up, with an add-on available to lock in 95% for the life of the account.

Payout Process

Payouts are available on a roughly 5-day or bi-weekly cycle once a trader completes at least 5 benchmark trading days and accumulates a minimum of $500 in profit; the minimum withdrawal is $250. FundedNext advertises an average payout processing time of about 40 hours, with 99.99% of payouts processed within 24 hours.

Platform & Execution

FundedNext supports MetaTrader 4, MetaTrader 5, cTrader, and Match-Trader, though $100,000 and $200,000 accounts cannot be purchased or managed on cTrader or Match-Trader.