fundednext
Prop Firm

fundednext

trust pilot: 4.6
CEO:
Abdullah Jayed
Country:
UAE
Registration date:
2022

This score is calculated based on the average scores given to this company by users on the websites:

  • Trustpilot
  • Trustindex
  • PropfirmMatch
  • and social media channels
4.7
4.4
Trading rules
4.9
Support
4.8
Trading conditions
4.7
Payouts

Basic Information

Trading Platform :

MT4, MT5

Broker :

Institutional Liquidity Providers FundedNext Ltd

market:

forex

Instruments :

Forex
Crypto
Indices
Commodities

TrustPilot :

4.6

Company plans

Plans :

1phase, 2phase

Account balance :

5K, 15K, 25K, 10K, 50K, 100K, 200K

Profit Share :

up to 95%

Time limit :

In most models, there is **no time limit**, except for the **Evaluation** model, which includes **4 weeks for Phase 1** and **8 weeks for Phase 2**.

Commission :

**Forex & Commodities**: $3 per lot (for **Stellar Lite** accounts, this is $7).
For **Indices** and **Crypto**, there is **no commission**.

Leverage :

Depending on the account model, **up to 1:100**.

Trading rules

Overall drawdown :

Depending on the challenge model: 6% in the one-phase model to 10% in the two-phase (Evaluation) model.

Daily drawdown :

Depending on the challenge model: 3% in the Stellar One-Step and 5% in most other models.

هدف سود :

Depending on the model: 10% in Stellar One-Step, 8% in Phase 1 and 5% in Phase 2 of Stellar Two-Step, 25% in Express, and 10% in Phase 1 of Evaluation, then 5%.

News trading :

In **Stellar**, **Stellar Lite**, and **Evaluation** models, it is **allowed**; in the **Express** model, it is **prohibited**.

Weekend Positions :

In **Stellar**, **Stellar Lite**, and **Evaluation** models, it is **allowed**; in the **Express** model, it is **prohibited**.

Experts :

money management experts are allowed.

IP :

Not allowed

Grid :

Not allowed

Arbitrage :

Not allowed

HFT :

Not allowed

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