FundedNext

FundedNext

CEO: Abdullah Jayed
United Arab EmiratesUnited Arab Emirates
Trustpilot: 4.5
TP Score (0 reviews)

About FundedNext

FundedNext, based in the United Arab Emirates, was established in March 2022. The firm operates as a CFD provider and offers 1 Step, 2 Steps and Instant program types. Account sizes range from $6,000 to $200,000. Platforms supported include MT5, cTrader, Match Trader and MT4. Tradable instruments include Forex pairs such as EURUSD and GBPJPY, precious metals including XAGUSD and XAUUSD, and indices including AUS200, GER30 and SPX500. FundedNext has a review score of 4.4/5 based on 699 reviews. The firm offers multiple evaluation formats and a range of market access for traders.

Key Information

Platforms
cTrader, Match Trader, MT4, MT5
Max Accounts
5
Max Allocation
$200K
Min Days to Payout
5
Founded
Profit Split
95%

Quick Stats

PlatformscTrader, Match Trader, MT4, MT5
BrokerInstitutional Liquidity Provider
Activation FeeNone
Drawdown TypesTrailing
Payout FrequencyWeekly, Bi-weekly
Fee StructureOne-Time
Account TypeDemo
Company Size2-10 employees

Trading Rules

News Trading
Allowed
Weekend Holding
Allowed
EA / Bots
Allowed
Copy Trading
Allowed
Overnight Holding
Yes
Hedging
Yes
Scalping
Yes
Consistency Rule
No
HFT Allowed
No
Martingale
Yes
Swap Free
No
IP Consistency
No

News Trading Details: Allowed with restriction on funded stage and instant accounts (Trades executed 5 minutes before and after a High Impact News event are subject to a 40% news profit split rule.)

Drawdown Basis: Balance

Drawdown Measurement: Relative

Funding & Account

Fee Structure
One-Time
Account Type
Demo
Fee Refundable
No
Free Trial
Yes
Free Retry
No
Reset Option
Yes
Buyback Option
No
US Traders
Yes
KYC Required
Yes

Reset Fee: 10% less than the original purchase price.

Account Currencies:
USD

Available Instruments

CFD

Payout Policy

Profit Split
80–95%
Payout Frequency
Weekly, Bi-weekly
First Payout
21 days
Processing Time
24 hours
Min Withdrawal
$250
Payout Methods
Crypto
Riseworks

Scaling Plan

Conditions: 10% Profit in 4 Months
Increment: 25% Increase
Max Allocation: $2.0M

Banned Countries (20)

Antigua and Barbuda
Bangladesh
Belarus
Belize
Bouvet Island
Burundi
Cape Verde
Chad
Comoros
Cook Islands