Rules
Express Model
With the FundedNext Express program, you can start earning from the very first month.
YES! You heard it right!!
You can earn your trading profit in two ways. At the beginning of your trading journey with us, you will be working as a potential trader and receiving 15% of the profit. At this point, we will call you "FundedNext Elite Trader."
For example, let's say you start with a $100,000 funded account. For this calculation, let's assume you win $15,000 after a month of trading. Now, if that happens, we're ready to share a straight 15%, which is $2250.
Sounds good?
But hold on. We've got more for you. Once you achieve 25% of your initial account balance, we'll provide you with a Real account with up to a 90% profit share. Let's have a look at the previous example. In a 100k account, your profit is, let's say, $15,000. You'll get a straight 15% profit share until you hit your initial balance's 25% growth target. And you're already halfway to achieving your 25% target. Let's say you made $10,000 in the next month. You'll get straight 15% of your profit. So, you have made 15% plus 10%, which equals 25% growth of your initial balance.
Now, YOU HIT THE JACKPOT !!!
You'll receive a real account, and your profit share will increase up to 90% from here. You'll be certified as a FundedNext Crown Trader from now on. We win when you win.
Like any prop firm, you don't have to follow any restricted time limit to get real funds and increase your profit share. With FundedNext, you'll get a real fund as soon as you hit 25% of your initial balance. That means you can get a real trading account with us as early as ten trading days. And if you want, you can also take as much time as you want to become a FundedNext Crown Trader. There is no time limit or pressure to reach any profit target within a restricted period. We encourage our traders to trade freely with us.
You can request a profit withdrawal from the client dashboard at the end of your trading cycle. Fundednext will pay the profit from your accounts every month. The earnings from your accounts will be sent to you on a request basis using one of our payout methods. Payout methods include Perfect Money, USDT/Tether, BTC, and Deel (Bank Transfer, Coinbase, PayPal, Payoneer, Revolut, Wise, and Deel Card).
We're committed to disbursing your payment within 1–3 working days. It is suggested that you contact your account manager in case you do not receive a payout at this time.
Unlike most other prop firms, you are eligible to gain profits from the very first month.
How?
In demo trading, you'll get 15% of the profit share every month till you gain 25% of the profit in your account. Once you hit 25% profit, you'll get a real account, and your profit split will increase. You'll get a 60% profit share on the first withdrawal that you make. After that, 75% profit share during the second withdrawal and 90% profit share from the third withdrawal onwards. You will be eligible for a profit share only if you do not violate any rules before assessment or real account payout.
If your funded account has been suspended in profit, you will be eligible for 50% of the profits you made if your trades comply with the following 2 criteria:
1. All of your trades in your real account must have SL.
2. You must not lose more than 1% of your account size on any individual trade.
You must meet both of the criteria mentioned above. Then you will have 7 days after the violation to request the 50% profit disbursement from the suspended real account.
FundedNext monitors your accounts and trading style on a time-to-time basis. You're not supposed to violate any given rules. Therefore, in any circumstance, if your account flags any rules violation, you've got to reset your account. You'll be charged a discounted price for account resets and to get new accounts.
Consistency Express Accounts:
Express $15,000 Fund = $79
Express $25,000 Fund = $159
Express $50,000 Fund = $239
Express $100,000 Fund =$439
Express $200,000 Fund =$799
No Consistency Express Accounts:
Express $15,000 Fund = $95
Express $25,000 Fund = $183
Express $50,000 Fund = $303
Express $100,000 Fund =$559
Note that FundedNext does not charge any extra monthly amount as a penalty. You can reset your account as often as you wish until you get a real funded account. Note that you can't reset once you get a real funded account, and with reset, you will start from the beginning as a brand new account.
At FundedNext, we want to make things easier for our traders. For this, you only need to take a minimum of 10 individual and separate trades each month, and you must enter a new trade on at least ten separate days in a month. But you can relax; your trading days do not need to be consecutive, and to make things even easier, there is no maximum number of trades you need to take each month, as long as you do not exceed your risk.
Now, if the 10-day trading minimum is not met, you will not be disbursed any profits at the end of your trading cycle, and FundedNext will also reset your account to the starting balance. FundedNext would not reset your account to the starting balance if you were not in profit at the end of the trading cycle (we consider four trading weeks as one trading cycle). Also, please note that if your account is at loss and you do not complete your minimum trading days then your account will be terminated. Only executed trades count towards your trading days.
FundedNext believes in traders' freedom. You're allowed to trade 24/5 as per your suitable time.
For Express Consistency, note that you're permitted to hold your accounts trade overnight, but all positions must be closed 15 minutes before the market closing time on Friday. However, in Express non-consistency account you can hold your trade overnight and weekend.
Non-Consisntecy Express Account:
Not applicable for non-consistency accounts.
Consistency Express Account:
To help traders craft their own profitable trading strategy, we have the following rule. This will assist you in sharpening your trading habits and ensure you gain consistently every week.
You need to maintain the consistency every week. A safe way to increase or decrease your risk consistency is to keep within +/- 200% of your weekly average or by a deviation of 2.0. The three main KPIs we use here are the number of trading days, trades, and lot size. Each week, we will take the average of the mentioned KPIs and place a maximum (Total x 2) and minimum (total/2) to determine the consistency you need to maintain.
For example, for week one, the following is your trading history.
On the first day, you took 10 trades with a total lot size of 12.
On day 2, there were 15 trades with 11 total lots.
Day 3 has 19 trades with a total of 15 lots, and
Day 4 has 26 trades with 18 total lots.
So, your total trades taken for the week is 70, and the total lot size for the week is 56.
Now for week 1,
The average number of trades would be (total number of trades taken/number of days traded) = 70/4, which is 17.5 trade counts.
The average lot size would be (total number of lots used/number of days traded) = 56/4, which is 14 lots.
Now the consistency of week 2 would be the following:
For trades:
Max (Average number of trades taken in a week-1 x 2) = 17.5 x 2 = 35
Min (Average number of trades taken in a week-1)/2) = 17.5/2 = 8.75 ~ 9
For Lot: Max (Average number of lots taken in a week-1 x 2) = 14 x 2 = 28. Min (Average number of lots taken in a week-1/2) = 14/2 = 7
From the above example, your lots taken average needs to be between 7 and 28, and your number of trades taken average needs to be between 9 and 35.
Otherwise, it will be considered a violation.
Similarly, for week three, we will take the average of weeks one and two and then multiply it by two to set the maximum limit and divide it by two to set the minimum limit for both the lot size and trader count.
Please note that if there is any violation of the rules, our agent will review your account & may pause payout for that particular cycle. In this case, your account will not be terminated and will be reset to your initial balance at the start of the next cycle.
Our daily loss limit specifies that you are permitted to lose 5% of your initial account balance on any given day.
So here is how the calculation works:
Daily loss limit = Your Last day's Balance - Today's Balance/Equity
This implies that this number should not exceed 5% of your initial account balance on that specific day.
For example, if you have a $100,000 account, the maximum daily loss limit is $5,000, and you are not allowed to lose more than $5,000 on any given day. Suppose you have lost a total of $3000 in your closed trades. In such a case, you cannot lose more than $2000, including floating losses. Note that swap and commission rates are included in this calculation. It will be considered a violation if you lose more than $2000.
Similarly, let's say you gained $5,000 in profit in a single day. In such a case, you will be allowed to lose $5,000 (your profit) + $5,000 (your daily loss limit) = $10,000. Loosing more than $10,000 (in both open and closed positions) will be considered a violation.
Let's look at another case. Assume, like in the previous scenario, that you lost $3000 in a single day. Then you take a trade that is now running at a floating loss of -$2500, but when you close it, it becomes positive $500. If this occurs, according to our calculations, you will have exceeded your daily loss limit the instant your loss exceeds $5000.
Another thing to keep in mind is that your daily loss limit will be reset at midnight according to the server time 00:00 (GMT +2). For example, suppose you have gained a $2000 profit in a closed trade, and you have a trade currently running at a $-6,000 floating loss. In this case, you still have not violated your daily drawdown for the day because your current daily loss is +$2000 - $6000 = -$4000. However, if you hold this one trade with a floating loss of -$6,000 after midnight, you will breach the daily loss limit because a new day begins after midnight, and you have already lost $6000, which is more than your daily loss limit of $5000.
You are allowed to have an overall maximum loss limit of 10% of your initial account balance. Thus, your account balance/equity can't go below 90% of the initial balance at any time during your whole trading journey. It implies that your account balance/equity should always be over 90% of the initial balance to avoid the rule violation.
We don’t impose any limits on instruments or position sizes you trade. You can trade all the instruments and assets that are available on your trading platform (Forex Currency/RAW FEED, Indices, Commodities). A list of the symbols is given below:
Currency Pair List:
AUDCAD.i, AUDCHF.i, AUDJPY.i, AUDNZD.i, AUDSGD.i, AUDUSD.i, CADCHF.i, CADJPY.i, CHFJPY.i, EURAUD.i, EURCAD.i, EURCHF.i, EURDKK.i, EURGBP.i, EURHUF.i, EURHKD.i, EURJPY.i, EURNOK.i, EURNZD.i, EURPLN.i, EURTRY.i, EURUSD.i, GBPAUD.i, GBPCAD.i, GBPCHF.i, GBPJPY.i, GBPNZD.i, GBPUSD.i, NZDCAD.i, NZDCHF.i, NZDJPY.i, NZDUSD.i, SGDJPY.i, USDCAD.i, USDCHF.i, USDDKK.i, USDHUF.i, USDJPY.i, USDMXN.i, USDNOK.i, USDPLN.i, USDSEK.i, USDSGD.i, USDTHB.i, USDTRY.i, USDZAR.i
Indices and Commodities:
FRA40.i, EUSTX50.i, JPN225.i, NDX100.i, SPX500.i, UK100.i, US2000.i, VIX.i, AUS200.i, GER30.i, HK50.i, US30.i, UKOUSD, USOUSD, XAUUSD, XAGUSD
We want to sharpen your trading style more than ever. We believe you will perform best when you are in your comfort zone. So you’re allowed to trade with any trading style that you like most. We aim to get the best out of you, and once you trade freely. We all will grow together. So choose your trading plan wisely.
The scaling plan is available to traders who will be consistent throughout the time and do not violate any of the rules. The requirements to be eligible for the scaling plan are as follows:
We review the scale-up plan every four months in a real account. You must need to meet at least 10% account growth accumulatively in four consecutive months in a real account. In these four consecutive months, you need to make a minimum of two payouts, and your last month should end in a profit.
Eligible traders will get a 40% account balance increase of up to 4 million.
EA and Indicators are allowed. This includes trade copiers, tools for managing risk, and auto-trading bots. You can also use third-party EA as well. All you need to do is verify the EA before using it on your real account.
However, using any of the following strategies is strictly forbidden:
- Use of Emulators.
- High-Frequency Trading (Manually or Using a Bot)
- Reverse Arbitrage Trading
- Hedge Arbitrage Trading.
- Latency Arbitrage Trading.
- Tick Scalping
- Grid trading
- One-sided Betting
- Copying trades from other traders.
If the use of any of these strategies is found in your account, it will be considered a violation of rules, and the account will be terminated without any warning.
Copy trading from your account is allowed, but you are not allowed to copy from others, and a similar trade from someone else will be considered a violation of the rules.
In the express model (both on your assessment and real account), as the market is extremely volatile during news times and also this is the most likely time when slippages can occur, you are not allowed to open and close any trade 5 minutes before and after the news. That means if any of the pending orders get executed or if any running trades get closed by hitting a Stop-loss (SL) or take-profit (TP) then it will be considered a violation.
As for the source of the news, you can directly find it from your dashboard under "News Calendar".
Please note the following regarding news trading:
1. You will be able to hold your running trades during the news.
2. We will consider only the high-impact news, you are free to trade during low and mid-impact news.
3. We would only consider the news that is directly correlated to your trading pairs, you are free to take trades if a news is high impact but is not directly correlated to your trading pair. For example, let's say you want to take a trade of EURUSD and there is high-impact news on CNY. In that case, you can still open the EURUSD trade as CNY news is not directly correlated to your trading pair. But in the same example, if the news was on USD or EUR then you are not allowed to open or close a trade 5 mins before and after the news.
If there is any news trading in your account, the following steps will be taken:
1. Express Challenge account:
You will not be dispersed any profits at the end of your trading cycle and your account will also be reset to the starting balance. Your account will not be reset to the starting balance if you were not in profit at the end of the trading cycle (We consider 4 trading weeks as one trading cycle)
2. Express Funded/Live account:
If you are in profit, you will receive the profit share after deducting the amount made from news trading and your account will be terminated.
If you are at loss, your account will not be reset, and it will be terminated.
Consistency Express account:
You can start your journey with 15k/25k/50k and 100k subscription packages. Once you are eligible for a real account, you receive the full funding of your subscription package on your real account.
Express 15k package = Real funding $15000
Express 25k package = Real funding $25000
Express 50k package = Real funding $50000
Express 100k package =Real funding $100000
Express 200k package =Real funding $200000
Non Consistency account:
You can start your journey with 15k/25k/50k and 100k subscription packages. Once you are eligible for a real account, you receive 25% of your subscritpion package on your real account. You can check the amount from below:
Express 15k package = Real funding $3,750
Express 25k package = Real funding $6,250
Express 50k package = Real funding $12,500
Express 100k package =Real funding $25,000
Evaluation Model
With the FundedNext Evaluation program, you can also receive the profit shares of your evaluation phases! And that's not all. You will also receive your subscription fee refunded once you have proven yourself.
How?
For example, suppose you started your trading account with a balance of $100000, and in phase 1, you made a $10000 profit. Then in phase 2, you made another $5000 profit. Once you hit those targets, you will receive the real account, and during the first payout of your real account, you will get a full refund of your subscription fee.
But that is not all. Once you gain 5% profit in the real account, you will also receive 15% profits on your phase 1 and 2 targets, which would be $2250.
And once you receive a real account, your profit share will be increased from the first withdrawal to 80%, and you'll be eligible for a 90% profit share from your first scale-up.
You'll be certified as a FundedNext Crown Trader from now on. We win when you win.
You can request a profit withdrawal from the client dashboard at the end of your trading cycle. You will receive your first profit after 4 trading weeks, and from the second payout onwards, you are eligible for a withdrawal every 2 trading weeks. The cycle will start once you place the first trade in your real account and will be applicable for each consecutive cycle. The earnings from your accounts will be sent to you on a request basis using one of our payout methods. Payout methods include Perfect Money, USDT/Tether, BTC, and Deel (Bank Transfer, Coinbase, PayPal, Payoneer, Revolut, Wise, and Deel Card). We're committed to disbursing your payment within 1–3 working days. It is suggested that you contact your account manager in case you do not receive a payout at this time.
Unlike most other prop firms, you are eligible to gain profits from the very beginning.
How?
Once you receive the real account and request for the first profit withdrawal, you will receive your subscription fee back!
But that is not all.
Once you gain 5% profit in the real account, you will also receive 15% profits of your phase 1 and 2 targets.
And when you complete phases 1 and 2, you receive your real account, and your profit share immediately bumps up to 80%. This profit share will increase to 90% when you are eligible for your first scale-up! Note that you will be eligible for profit share only if you do not violate any rules before assessment or real account payout.
If your funded account has been suspended in profit, you will be eligible for 50% of the profits you made if your trades comply with the following 2 criteria:
1. All of your trades in your real account must have SL.
2. You must not lose more than 1% of your account size on any individual trade.
You must meet both of the criteria mentioned above. Then you will have 7 days after the violation to request the 50% profit disbursement from the suspended real account.
FundedNext monitors your accounts and trading style on a time-to-time basis. If you breach any set rules, your trading account will be deactivated, and you will not be able to trade in that account. However, your journey doesn't end there. In cases like this, you will have the opportunity to start fresh with a new account at a discounted price. The prices are given below:
Evaluation $15,000 Fund = $89
Evaluation $25,000 Fund = $179
Evaluation $50,000 Fund = $269
Evaluation $100,000 Fund = $494
Evaluation $200,000 Fund = $899
You will be glad to know that FundedNext does not charge any money as a penalty for violating the account.
Note that you can reset your account as many times as you want. But account reset is only applicable for Phase 1 accounts.
In the evaluation program, you only need to take a minimum of five individual and separate trades each month. For example, if the month starts on January 1st and ends on January 31st, you must enter a new trade on at least five of those days. But you can relax. Your trading days do not need to be consecutive and to make things even easier, there is no maximum number of trades you need to take each month so that you can trade freely.
At FundedNext, we believe in traders' freedom. You're allowed to trade 24/5 as per your suitable time. Also, you can hold your trade overnight and over the weekend as you see fit.
Note that for a free retake in evaluation phase 1, if you do not trade for a minimum of 5 days, you will not be eligible for a free retake.
There is no consistency rule for the Evaluation model.
Our daily loss limit specifies that you are permitted to lose 5% of your initial account balance on any given day.
So here is how the calculation works:
Daily loss limit = Your Last day's Balance - Today's Balance/Equity
This implies that this number should not exceed 5% of your initial account balance on that specific day.
For example, if you have a $100,000 account, the maximum daily loss limit is $5,000, and you are not allowed to lose more than $5,000 on any given day. Suppose you have lost a total of $3000 in your closed trades. In such a case, you cannot lose more than $2000, including floating losses. Note that swap and commission rates are included in this calculation. It will be considered a violation if you lose more than $2000.
Similarly, let's say you gained $5,000 in profit in a single day. In such a case, you will be allowed to lose $5,000 (your profit) + $5,000 (your daily loss limit) = $10,000. Loosing more than $10,000 (in both open and closed positions) will be considered a violation.
Let's look at another case. Assume, like in the previous scenario, that you lost $3000 in a single day. Then you take a trade that is now running at a floating loss of -$2500, but when you close it, it becomes positive $500. If this occurs, according to our calculations, you will have exceeded your daily loss limit the instant your loss exceeds $5000.
Another thing to keep in mind is that your daily loss limit will be reset at midnight according to the server time 00:00 (GMT +2). For example, suppose you have gained a $2000 profit in a closed trade, and you have a trade currently running at a $-6,000 floating loss. In this case, you still have not violated your daily drawdown for the day because your current daily loss is +$2000 - $6000 = -$4000. However, if you hold this one trade with a floating loss of -$6,000 after midnight, you will breach the daily loss limit because a new day begins after midnight, and you have already lost $6000, which is more than your daily loss limit of $5000.
You are allowed to have an overall maximum loss limit of 10% of your initial account balance. Thus, your account balance or equity can't go below 90% of the initial balance at any time during your whole trading journey. It implies that your account balance or equity should always be over 90% of the initial balance to avoid the rule violation.
We don't impose any limits on the instruments or position sizes you trade. You can trade all the instruments and assets that are available on your trading platform (Forex Currency/RAW FEED, Indices, Commodities). A list of the symbols is given below:
Currency Pair List:
AUDCAD.i, AUDCHF.i, AUDJPY.i, AUDNZD.i, AUDSGD.i, AUDUSD.i, CADCHF.i, CADJPY.i, CHFJPY.i, EURAUD.i, EURCAD.i, EURCHF.i, EURDKK.i, EURGBP.i, EURHUF.i, EURHKD.i, EURJPY.i, EURNOK.i, EURNZD.i, EURPLN.i, EURTRY.i, EURUSD.i, GBPAUD.i, GBPCAD.i, GBPCHF.i, GBPJPY.i, GBPNZD.i, GBPUSD.i, NZDCAD.i, NZDCHF.i, NZDJPY.i, NZDUSD.i, SGDJPY.i, USDCAD.i, USDCHF.i, USDDKK.i, USDHUF.i, USDJPY.i, USDMXN.i, USDNOK.i, USDPLN.i, USDSEK.i, USDSGD.i, USDTHB.i, USDTRY.i, USDZAR.i
Indices and Commodities:
FRA40.i, EUSTX50.i, JPN225.i, NDX100.i, SPX500.i, UK100.i, US2000.i, VIX.i, AUS200.i, GER30.i, HK50.i, US30.i, UKOUSD, USOUSD, XAUUSD, XAGUSD
We would like you to sharpen your trading style more than ever. We believe you will perform best when you are in your comfort zone. So you're allowed to trade with any trading style that you like most. We aim to get the best out of you once you trade freely. We all grow together. So choose your trading plan wisely.
The scaling plan is available to traders who will be consistent throughout the time and do not violate any of the rules. The requirements to be eligible for the scaling plan are as follows:
We review the scale-up plan every 4 months in a real account. You must need to meet at least 10% account growth accumulatively in four consecutive months in a real account. In these four consecutive months, you need to make a minimum of two payouts, and your last month should end in a profit.
Eligible traders will get a 40% account balance increase of up to 4 million.
EA and Indicators are allowed. This includes trade copiers, tools for managing risk, and auto-trading bots. You can also use third-party EA as well. All you need to do is verify the EA before using it on your real account.
However, using any of the following strategies is strictly forbidden:
- Use of Emulators.
- High-Frequency Trading (Manually or Using a Bot)
- Reverse Arbitrage Trading
- Hedge Arbitrage Trading.
- Latency Arbitrage Trading.
- Tick Scalping
- Grid trading
- One-sided Betting
- Copying trades from other traders.
If the use of any of these strategies is found in your account, it will be considered a violation of rules, and the account will be terminated without any warning.
Copy trading is also allowed if you copy trades from one account to another. But copying trade from someone else is not allowed. Similar trade from someone else will be considered a violation of rules.
You can trade during the news without restrictions in the evaluation model's assessment phases (phases 1 and 2). But once you receive the real account, as the market is exceptionally volatile during news times and also because this is the most likely time when slippages can occur, you are not allowed to open or close any trade 2 minutes before and after the news. That means if any of the pending orders get executed or if any running trades get closed by hitting a Stop-loss (SL) or take-profit (TP) then it will be considered a violation.
As for the source of the news, you can directly find it from your dashboard under "News Calendar". Please note the following regarding news trading:
1. You can hold your running trades during a news.
2. We will consider only the high-impact news; you are free to trade during low- and mid-impact news.
3. We would only consider the news that is directly correlated to your trading pairs; you are free to take trades if the news has a high impact but is not directly correlated to your trading pair. For example, let's say you want to take a trade in EURUSD, and there is high-impact news on CNY. In that case, you can still open the EURUSD trade, as the CNY news is not directly correlated to your trading pair. But in the same example, if the news was on USD or EUR then you are not allowed to open or close a trade 2 minutes before and after the news.
If there is any news trading in your account, the following steps will be taken:
1. Evaluation Challenge accounts
No news trading restrictions.
2. Evaluation Funded/Live accounts:
If you are in profit, you will receive the profit share after deducting the amount made from news trading, and your account will be terminated.
If you are at loss, your account will not be reset, and it will be terminated.