Table of Contents
No profit target means nothing stands between you and trading prop-funded capital. FNL:003 replaces the challenge phase entirely: purchase your $50,000 sim-funded account and start trading the same day. No challenge phase, no profit target. Just trade. From here, the $2,100 buffer and the consistency rule are what shape your path to withdrawal, both carrying forward with you across every cycle, with your best day on record becoming a permanent part of your account’s story.
FNL:003 is a $50,000 sim-funded FundedNext Account for $149.99, instant the moment you purchase it, with no challenge phase. Here is how the EOD trailing drawdown, the buffer, and the perpetual consistency rule work.
TL;DR
- No challenge phase. Trading starts on a $50,000 sim-funded FundedNext Account the day you purchase.
- $149.99 entry. Maximum 3 purchases per user, with FNL:003 closing after 2,000 Labs accounts are issued.
- EOD trailing drawdown. A $2,000 maximum loss limit that trails once after each day ends and locks at $50,100.
- Daily loss limit is a soft breach. Reaching the $1,000 daily loss limit does not end the account.
- 20% perpetual consistency. Your highest single day ever recorded carries across every withdrawal cycle until the amount exceeds.
- $2,100 buffer before withdrawals. Payouts run $800 to $1,200 per cycle at a 90% split.
What Is FNL:003?
FNL:003 is a Futures Instant account under FundedNext Labs. It provides instant sim-funded access without a challenge phase, which differs from FundedNext’s standard Challenge account models. Labs accounts do not count against your 5 FundedNext Account allocation limit, so FNL:003 can run in parallel with other accounts.
The account size is $50,000, and the entry price is $149.99. Each trader can purchase up to 3 accounts. Labs will close FNL:003 after 2,000 accounts have been issued, so availability is capped and demand-dependent.
Account Specifications
| Metric | FNL:003 |
| Account size | $50,000 |
| Entry price | $149.99 per account |
| Maximum purchase limit | 3 per user |
| Profit target | None |
| Daily loss limit | $1,000 (soft breach) |
| Maximum loss limit | $2,000 |
| Drawdown mode | EOD trailing, locks at $50,100 |
| Contract limitation | 3 mini or 30 micro |
| Consistency rule | 20% perpetual, measured across all cycles |
| Withdrawal buffer | $2,100 |
| Withdrawal range | Minimum $800, maximum $1,200 per cycle |
| Profit split | 90% |
| News trading | Allowed |
| Reset functionality | Not applicable |
EOD Trailing Drawdown: How It Works
The maximum loss limit sits $2,000 below your account value and moves higher as your account value reaches new end-of-day highs. It does not move back down. If your account reaches the limit, the account breaches.
The word that matters is end-of-day. The limit recalculates once, after the session closes, based on where the account finishes the day. Intraday peaks do not move it.
Example 1: The limit updates once a day. The account opens at $50,000, so the limit sits at $48,000. You finish the first day at $50,600. After the close, the limit moves to $48,600.
Example 2: The limit does not follow losses. The next day you give back $600 and finish flat at $50,000. The limit stays at $48,600. Your account value is back where it started, but your room to the limit is $1,400 instead of $2,000.
Example 3: The limit stops at $50,100. Once an end-of-day value of $52,100 is reached, the limit sits at $50,100 and locks there for the life of the account. Every dollar earned after that point sits above a fixed floor, and that floor is $100 above your starting balance.
That $52,100 figure is worth holding onto. It is the same point at which the withdrawal buffer clears.
The $1,000 Daily Loss Limit Is a Soft Breach
FNL:003 carries a $1,000 daily loss limit, and reaching it is treated as a soft breach rather than a hard one. The account is not failed at that point. The $2,000 maximum loss limit is the level that breaches the account.
Practically, this separates a bad day from a failed account. A $1,000 down day on FNL:003 is a restriction, not a conclusion.
The 20% Perpetual Consistency Rule
Your highest single-day profit, ever recorded across all of your withdrawal cycles, may not exceed 20% of your current cycle’s total profit.
The word doing the work is perpetual. Most consistency rules reset when you withdraw. This one does not. Your peak day is recorded against the account permanently, and the minimum cycle profit it implies applies to every cycle that follows.
The arithmetic is one step. Multiply your peak day by five. That is the cycle profit you need for consistency to be met.
Cycle 1: Setting the record
| Day | Profit |
| 1 | $500 |
| 2 | $450 |
| 3 | $400 |
| 4 | $350 |
| 5 | $500 |
| 6 | $300 |
The peak day is $500, so the cycle needs $2,500 in total profit. The cycle totals exactly $2,500, so consistency is met. That $500 becomes the all-time record and carries forward.
Cycle 2: The record is maintained
| Day | Profit |
| 1 | $480 |
| 2 | $450 |
| 3 | $420 |
| 4 | $400 |
| 5 | $400 |
| 6 | $350 |
No day in this cycle exceeded $480, so the all-time record is still the $500 from Cycle 1. The requirement is unchanged at $2,500. The cycle totals $2,500, so consistency is met.
Cycle 3: The record is broken
| Day | Profit |
| 1 | $600 |
| 2 | $500 |
| 3 | $500 |
| 4 | $500 |
| 5 | $500 |
| 6 | $400 |
The $600 day is a new all-time record and replaces the old $500 from here on. A $600 peak day requires $3,000 in cycle profit. The cycle totals $3,000, so consistency is met.
A larger day simply resets the bar going forward. The new record raises the minimum from $2,500 to $3,000, and that $3,000 minimum applies to every cycle going forward until a larger day replaces it.
The reverse also holds. As cycle profit grows, a fixed peak day becomes a smaller share of the total, so the requirement is easier to satisfy the more evenly the cycle is built.
Withdrawal Rules: Buffer, Consistency, and Caps
To request a payout, two conditions must be met during the current cycle, meaning the period since your account started or since your last withdrawal.
- Clear the $2,100 buffer. Profit above the buffer is what becomes withdrawable.
- Meet the 20% perpetual consistency rule. Your all-time peak day must sit at or below 20% of the cycle’s total profit.
Each cycle, payouts range from $800 to $1,200. With the $2,100 buffer built in, $2,900 in cycle profit is what unlocks a withdrawal, clearing the buffer and meeting the minimum payout in one step.
That floor interacts with consistency in a way worth planning around. Consistency requires five times your peak day. Five times $580 is $2,900. So if your all-time peak day is below $580, the buffer and minimum withdrawal are what gate your payout, not consistency. Once your peak day passes $580, consistency needs more than $2,900 to be met, so it takes over as the deciding factor.
Certificates
FNL:003 issues two certificates. A Champion Trader certificate is awarded on each withdrawal, and a Conqueror Trader certificate is awarded on the fifth withdrawal as the concluding certificate.
How FNL:003 Differs From Other Futures Models
No challenge phase and no profit target. You purchase the account, sign the agreement, and begin trading a sim-funded account the same day. There is no profit goal to reach, only the buffer and consistency conditions attached to withdrawals.
EOD trailing rather than intraday trailing. The limit updates once per day after the close. Open profit that you give back during the session does not raise the limit against you.
Perpetual consistency. Your peak day is recorded permanently rather than reset at each withdrawal, so a single large session raises the payout floor for every cycle that follows.
No progression to live funding. Labs accounts are trial products. After 5 Performance Rewards the account concludes.
Account Conclusion After 5 Payouts
FNL:003 accounts conclude automatically after the fifth payout or performance reward. A payout is issued each time you successfully withdraw after meeting the buffer and consistency conditions.
FNL:003 therefore has a defined endpoint. Traders who want to continue after the fifth withdrawal move to another FundedNext Futures account type.
Agreement and KYC Requirements
Agreement signing happens at the point of purchase. KYC verification is required before your first withdrawal, not before trading begins, so you can start trading the same day and complete KYC ahead of your first payout.
Key Takeaways
FNL:003 suits traders who want sim-funded access without a challenge phase and who are comfortable building profit across sessions rather than in single large ones. Entry is $149.99 for a $50,000 account, with a 90% split, subject to the applicable payout limits and eligibility requirements.
Two numbers describe most of the account. $52,100 is where the drawdown limit locks at $50,100 and the withdrawal buffer clears, both at once. $2,900 is the cycle profit floor for any withdrawal, and the point above which your all-time peak day starts setting the requirement instead.
At 2,000 accounts maximum, FNL:003 availability is capped. Once issued, no further accounts will be released.
Start Trading FNL:003
The two figures that shape how FNL:003 behaves are visible before you place a trade: $1,000 is the daily loss that does not end the account, and $2,100 is the buffer every cycle’s profit must clear before a payout is possible.
Purchase FNL:003 on FundedNext Labs, sign the agreement at checkout, and start on Tradovate, NinjaTrader, or TradingView. Complete KYC before your first Performance Reward.
For more on FundedNext Futures account types and specifications, visit our website.
Frequently Asked Questions
How many FNL:003 Futures Instant accounts can I purchase?
Maximum 3 per user. Labs accounts do not count against your 5 standard FundedNext Account allocation limit.
Is there a profit target on FNL:003?
No. There is no profit target on FNL:003.
What happens when I reach the $1,000 daily loss limit?
It is treated as a soft breach, and the account is not failed.
Does the consistency record reset after a withdrawal?
No. That is what perpetual means. Cycle profit resets at each withdrawal, but your all-time peak day carries forward and continues to set the minimum cycle profit until a larger day replaces it.
Can I trade the same contracts and instruments on FNL:003 as on my other FundedNext Futures accounts?
Yes. FNL:003 offers the same range of supported Futures instruments as other FundedNext Futures models, with contract limits set at 3 mini or 30 micro. You can check which symbols and instruments are tradable on FundedNext Futures for the current list and their symbol specifications.
Is news trading allowed on FNL:003?
Yes. News trading is permitted at all times. You are not restricted from trading around economic releases or events.
What is the profit split on FNL:003?
90%. Once the payout eligibility conditions are satisfied, you keep 90% of your cycle profit within the applicable withdrawal caps.