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A 12% Maximum Loss Limit, a payout cycle counted in 3 profitable days, and an 85% reward share. Those are the three numbers behind the тАЬFNL:002 12% MLL, 3-Day Payout 2-Step CFDs 25K ChallengeтАЭ, the second release from FundedNext Labs.
It is a two-phase CFD challenge on a $25,000 account, priced at $149.99. Every rule sits in the tables below.
TL;DR
- $149.99 for a $25,000 account. Phase 1 target is 8%, Phase 2 is 6%.
- 12% Maximum Loss Limit, static drawdown. The same 12% applies in both challenge phases and in the FundedNext Account.
- 3 profitable days close a payout cycle, at an 85% reward share. A profitable day is $250, which is 1% of the account.
- 4% Daily Loss Limit, and no risk rule in the challenge. In the FundedNext Account, a maximum of 3% at a time applies.
- News trading is not allowed. Weekend and overnight holding are allowed. MT5 and Match-Trader are the two available platforms.
What Is the FNL:002 12% MLL, 3-Day Payout 2-Step CFDs 25K Challenge?
FNL:002 is a two-phase CFD challenge for a $25,000 account, priced at $149.99. Clear an 8% target in Phase 1 and a 6% target in Phase 2, and you receive a FundedNext Account with an 85% reward share.
The plan is a FundedNext Labs release, so it is a challenge structure being tested rather than part of the permanent lineup. Compared with other FundedNext CFD models, FNL:002 has no refund, no 15% performance reward from the challenge phase, and no Scale-Up.
FNL:002 Challenge Rules: Phase 1 and Phase 2
| Metric | Phase 1 | Phase 2 |
| Account Size | $25,000 | |
| Price | $149.99 | |
| Profit Target | 8% | 6% |
| Daily Loss Limit (DLL) | 4% | |
| Maximum Loss Limit (MLL) | 12% | |
| Drawdown Type | Static | |
| Minimum Profitable Days | 2 days (1% Profit/$250 per day) | |
| Risk Rule | None | |
| News Trading | Not allowed | |
| Weekend Holding | Allowed | |
| Overnight Holding | Allowed | |
| Commission | FX and Energy $5 per lot, Metals 0.0016%, Indices 0 | |
| Leverage | FX 1:100, Metals, Energy and Indices 1:25 | |
Add-Ons and Resets are not applicable to this challenge. KYC follows the same process as other FundedNext CFDs models, and a single user can purchase a maximum of 5 accounts.
How the 12% Static Maximum Loss Limit Works
The Maximum Loss Limit on FNL:002 is 12%, and the drawdown type is static. FundedNext applies the same static MLL and DLL structure here as on its other CFD challenges.
At 12% of a $25,000 account, the limit is $3,000, placing the floor at $22,000. The Daily Loss Limit is 4%, or $1,000, so three consecutive days at the full daily limit would reach the maximum loss limit exactly.
What Counts as a Minimum Profitable Day
For a $25,000 account, a profitable day requires $250 in profit, which is 1% of the account. Profit is attributed to the day the trade closes, regardless of when it was opened.
| Day | Daily Profit | Qualifies as a Profitable Day? |
| Day 1 | $270 | Yes. $270 exceeds the $250 (1%) minimum. |
| Day 2 | $150 | No. $150 is below the $250 (1%) minimum. |
| Day 3 | $300 | Yes. $300 exceeds the $250 (1%) minimum. |
Each challenge phase requires 2 profitable days. The FundedNext Account payout cycle requires 3.
FundedNext Account Rules: How the 3-Day Payout Cycle Works
| Metric | FundedNext Account Rule |
| Account Size | $25,000 |
| Reward Share | 85% |
| Payout Cycle | 3 minimum profitable days ($250 per day) |
| Daily Loss Limit | 4% |
| Maximum Loss Limit | 12% |
| Drawdown Type | Static |
| Risk Rule | Maximum of 3% at a time |
| News Trading | Not allowed |
| Weekend Holding | Allowed |
| Overnight Holding | Allowed |
| Commission | FX and Energy $5 per lot, Metals 0.0016%, Indices 0 |
| Leverage | FX 1:100, Metals, Energy and Indices 1:25 |
| Platforms | MT5 and Match-Trader |
The risk rule is the one addition at the funded stage. During both challenge phases there is no risk rule. In the FundedNext Account, a maximum of 3% at a time applies, the same risk rule currently used across FundedNext CFD challenges.
How FNL:002 Differs From Other FundedNext CFD Models
What FNL:002 does not include:
- No refund
- No 15% performance reward from the challenge phase
- No Scale-Up
- News trading is not allowed
- No margin rule
- No interview
- No striking system
What FNL:002 does include:
- A 12% Maximum Loss Limit
- A payout cycle of 3 profitable days
- An 85% reward share
- Weekend holding and overnight holding
- No striking system, no interview, and no margin rule
Who FNL:002 Is Built For
- Traders who want more overall drawdown room. The MLL is 12% and static, against a 4% daily limit.
- Swing and multi-day traders. Weekend and overnight holding are allowed in both challenge phases and in the FundedNext Account.
- Traders who want payouts tied to performance. Three profitable days of $250 closes a cycle at an 85% reward share.
- Traders who trade outside news windows. News trading is not allowed on this plan in either phase.
Start FNL:002 Challenge
FNL:002 gives a $25,000 account a 12% static Maximum Loss Limit, a 4% Daily Loss Limit, a payout cycle of 3 profitable days, and an 85% reward share, for $149.99. It runs on MT5 and Match-Trader.
Review the full specification on FundedNext Labs and start your challenge when the numbers fit your plan. To track your position against each rule while you trade, see how Clarity Cards work.
Frequently Asked Questions
What is the Maximum Loss Limit on FNL:002?
The MLL is 12%, and the drawdown type is static. It is 12% in Phase 1, in Phase 2, and in the FundedNext Account, on a $25,000 account that is $3,000, placing the floor at $22,000.
How many profitable days do I need for a payout?
Three, each with a minimum of $250 in profit. Profit counts toward the day the trade closes. Each challenge phase requires 2 profitable days rather than 3.
Which platforms are available for FNL:002?
Only MT5 and Match-Trader are available for FNL:002.
Can I reset my FNL:002 account or buy an Add-On?
No. Add-Ons and Resets are not applicable to this challenge. A user can purchase a maximum of 5 accounts.
Is news trading allowed on FNL:002?
No. News trading is not allowed on FNL:002. Weekend holding and overnight holding are both allowed.
Is there a risk rule on FNL:002?
Not during the challenge. In the FundedNext Account, a maximum of 3% at a time applies.
How long is FNL:002 available?
Like FNL:001, the new FNL:002 is a FundedNext Labs release and is available for a limited time period rather than as part of the permanent CFD lineup. Check FundedNext Labs for current availability.