FundedNext is one of the most renowned companies in the prop trading sector, providing services to traders around the world—including those in Iran. In this short article, we will review the features, trading plans, rules, and other important aspects of this company. The aim of this article is to offer accurate and comprehensive information about FundedNext for those who intend to operate on this platform.
FundedNext’s Trading Plans and Features
To meet the diverse needs of traders, FundedNext offers several different trading plans:
Types of Plans
- One-Step Plan:
This plan consists of a single evaluation stage in which the trader must achieve a specific performance target. - Two-Step Plan:
In this plan, the evaluation is divided into two stages, each with its own specific target. - Challenge-Free Plan:
This plan allows the trader to receive funding directly without the need for an evaluation.
Profit Targets
- Standard Plans:
Profit targets vary depending on the plan and evaluation stage, usually ranging between 4% and 10%. - Express Plan:
This plan has a profit target of 25%.
Maximum Allowed Loss
- Total Loss: 10%
- Daily Loss: 5%
Account Leverage
Leverage varies by plan and evaluation stage as follows:
| Trading Symbol | Challenge Stage | Funded Stage |
| Currency Pairs | 1:100 | 1:100 |
| Indices | 1:15 | 1:15 |
| Commodities | 1:25 | 1:25 |
| Cryptocurrencies | 1:1 | 1:1 |
For the Stellar 1-Step Plan, the leverage is reduced to 1:30 for currency pairs.
Frequently Asked Questions about the FundedNext Prop Firm
- How are commissions and fees calculated in FundedNext standard accounts for different symbols?
In FundedNext standard accounts, Forex and commodity trades incur a commission of $3 per lot, while trades for indices and cryptocurrencies are fee-free. - What are the fees and commissions in FundedNext’s Stellar Lite accounts for various symbols?
In FundedNext’s Stellar Lite accounts, the commission fee for Forex and commodity trades is $7 per lot, and trades for indices and cryptocurrencies are executed without any fees. - Which symbols are tradable on FundedNext?
On FundedNext, you can trade symbols such as Forex, cryptocurrencies, indices, metals, and energy. - What are the trading rules on FundedNext?
On FundedNext, trading during news events is permitted and holding positions over the weekend is also allowed. The use of Expert Advisors (EAs) for automating trades is permitted; however, changing IP addresses, copy trading, and trading methods such as HFT, grid, and arbitrage are not allowed.
Features of FundedNext
- No Time Limit:
FundedNext does not impose any time restrictions for achieving targets, which is ideal for traders who prefer a calm and long-term approach. - Profit Sharing:
Profit sharing on this platform ranges between 60% and 95%, varying based on the plan and trader performance. - Variety of Trading Symbols:
With support for Forex, crypto, indices, metals, and energy, traders are provided with a wide range of trading opportunities. - Support for Iranian Users:
FundedNext also serves Iranian users, ensuring that they can operate on the platform without facing specific restrictions.
FundedNext, by offering various plans and trading tools, provides multiple options for traders. With features such as flexible profit sharing and dedicated support for Iranian traders, it has become one of the notable choices in the prop trading industry. For further information or to get started, you can visit the official FundedNext website. Additionally, for finding and comparing more prop trading firms, you can always check out the Fundfa website.