4.8
FundedNext Review (120% Refund Code: TRADPIP)
FundedNext is a proprietary trading firm that provides forex traders with access to funded accounts of up to $300,000, allowing them to trade without risking personal capital. Traders can choose from three evaluation programs or an instant funding option, making it suitable for different experience levels and trading styles.
Our Take on FundedNext
FundedNext launched in 2022 and operates as a prop firm, not a broker. You are evaluated on risk control and consistency. If you meet the rules, you trade firm capital and keep a share of the profits.
What stands out is choice. Two-step, one-step, beginner-friendly Lite plans, and instant funding all sit under one roof. Profit splits can reach 95%. News trading and overnight holding are allowed on most plans, which matters if you are not a pure scalper.
The trade-off is complexity. Rules change depending on the program. Some accounts use trailing drawdown. If you rush and do not read the fine print, that can cost you the account.
FundedNext at a glance
- Founded: 2022
- Max account size: $300,000
- Funding types: Two-step, One-step, Lite, Instant
- Profit split: 60% to 95%
- Platforms: MT4, MT5
- Markets: Forex, indices, commodities, crypto
- Drawdown type: Balance-based on most evaluations, trailing on Instant
- Time limits: No max time on most challenges
- News and weekend trading: Allowed on many plans
FundedNext Pros and Cons
Pros
- High Profit Split (up to 95%)
- Multiple Funding Models to Choose From
- No Time Limit on Challenges
- Balance-Based Drawdown (More Forgiving)
- News, Overnight & Weekend Trading Allowed
- Fast & Reliable Payouts
- MT4 & MT5 Platforms Supported
Cons
- High Profit Split (up to 95%)
- Multiple Funding Models to Choose From
Funding Programs Explained (Quick Overview)
FundedNext offers four main programs, each designed for a different trader profile.
Stellar 2-Step Challenge
A structured evaluation with moderate profit targets and generous drawdown. Best for traders who prefer a steady path to funding without time pressure.
Stellar 1-Step Challenge
A faster route to funding with tighter risk limits. Better suited for traders who are confident in their execution and risk control.
Stellar Lite Challenge
A lower-cost option with tighter drawdowns. Often chosen by newer traders or those testing a strategy before committing more capital.
Stellar Instant
No evaluation phase. You trade immediately under a trailing drawdown model. This option suits experienced traders who understand how trailing risk works.
1. Stellar 2-Step Challenge
⭐ Most Forgiving Option
| Feature | Details |
|---|---|
| Evaluation Phases | 2 (Phase 1 + Phase 2) |
| Phase 1 Target | 8% profit |
| Phase 2 Target | 5% profit |
| Max Drawdown | 10% (balance-based) |
| Daily Loss Limit | 5% |
| Time Limit | None |
| Min Trading Days | 5 days per phase |
| Weekend Holding | ✅ Allowed in challenge |
| News Trading | ✅ Allowed |
Why Choose This:
- Most breathing room with 10% max drawdown
- Moderate profit targets (8% then 5%)
- Balance-based drawdown doesn’t tighten as you profit
- Perfect for swing traders and those learning prop trading
Pricing:
- $6,000 account: $59.99
- $15,000 account: $119.99
- $25,000 account: $199.99
- $50,000 account: $299.99
- $100,000 account: $549.99
- $200,000 account: $1,099.99
2. Stellar 1-Step Challenge
⚡ Fast Track to Funding
| Feature | Details |
|---|---|
| Evaluation Phases | 1 (single phase) |
| Profit Target | 10% |
| Max Drawdown | 6% (balance-based) |
| Daily Loss Limit | 3% |
| Time Limit | None |
| Min Trading Days | 2 days total |
| Weekend Holding | ✅ Allowed in challenge |
| News Trading | ✅ Allowed |
Why Choose This:
- Fastest route to funding (only 1 phase)
- Get funded in days, not weeks
- First payout available after just 5 business days
- Tighter risk limits require disciplined execution
Pricing:
- $6,000 account: $69.99
- $15,000 account: $139.99
- $25,000 account: $229.99
- $50,000 account: $349.99
- $100,000 account: $629.99
- $200,000 account: $1,249.99
3. Stellar Lite Challenge
💰 Budget-Friendly Entry
| Feature | Details |
|---|---|
| Evaluation Phases | 2 (Phase 1 + Phase 2) |
| Phase 1 Target | 8% profit |
| Phase 2 Target | 4% profit |
| Max Drawdown | 8% (balance-based) |
| Daily Loss Limit | 4% |
| Time Limit | None |
| Min Trading Days | 5 days per phase |
| Weekend Holding | ✅ Allowed in challenge |
| News Trading | ✅ Allowed |
Why Choose This:
- Lowest entry cost among all programs
- Easier second phase (4% vs 5% in 2-Step)
- Good for strategy testing before bigger commitments
- Tighter 8% drawdown requires careful risk management
Pricing:
- $5,000 account: $32-49
- $10,000 account: $69-89
- $25,000 account: $149-179
- $50,000 account: $249-289
- $100,000 account: $449-529
- $200,000 account: $899-999
(Prices vary during promotions – check FundedNext website for current rates)
4. Stellar Instant Funding
🚀 No Evaluation Required
| Feature | Details |
|---|---|
| Evaluation Phases | None – immediate funding |
| Profit Target | No initial target |
| Max Drawdown | 6% (trailing) |
| Daily Loss Limit | No daily limit |
| Time Limit | N/A |
| Min Trading Days | None |
| Weekend Holding | ✅ Allowed (even when funded) |
| News Trading | ✅ Allowed |
Pricing:
- Higher upfront costs due to instant access
- Check FundedNext website for current Instant pricing
- No refund on Instant accounts
FundedNext Challenges Comparison (CFD Stellar Models)
Below is a Fact-checked FundedNext Challenges Comparison you can publish. I built it from FundedNext’s own pages and help-center rules, so the numbers line up.
This table focuses on FundedNext CFD “Stellar” models (2-Step, 1-Step, Lite, Instant). Rules can differ for USA accounts and for Futures models, so I added a short note after the table.
How to read this:
“Challenge” = evaluation stage.
“FundedNext Account” = the funded stage after you pass and complete KYC.
Weekend holding is a common “gotcha” because the rule changes once you reach the funded stage for Stellar challenges.
Transparency at FundedNext
FundedNext places strong emphasis on transparency, especially around rules, payouts, and trader obligations. The firm publishes detailed challenge conditions upfront, including profit targets, drawdown limits, minimum trading days, and payout timing. These rules are accessible before purchase, which helps you understand exactly what can cause an account to fail.
FundedNext is also clear about how profits are calculated. For example, its news trading policy openly states that profits made within a defined news window are partially counted, while losses are fully applied. This is not hidden in fine print. It is documented in the help center and applies consistently across relevant account types.
On payouts, FundedNext outlines reward cycles, profit split tiers, and refund conditions in advance. Traders know when withdrawals are available and how scaling affects profit share. While rules can vary by program, the firm separates these clearly rather than blending them together.
Overall, FundedNext’s transparency comes from rule visibility, consistent enforcement, and clear communication of limits. If you take time to read the documentation before trading, there are few surprises.
Payment Proof at FundedNext
Payment proof is one of the most important factors traders look for when evaluating a proprietary trading firm. At FundedNext, payout activity is visible through a mix of official payout processes and third-party verification sources.
FundedNext processes withdrawals on fixed payout cycles depending on the account type. Once a trader becomes eligible, payouts are requested directly from the trader dashboard, where withdrawal status and history can be tracked. This reduces uncertainty around when and how rewards are processed.
Beyond internal records, FundedNext payout activity is also visible through independent third-party platforms that monitor prop firm withdrawals over time. These sources do not guarantee individual results, but they help confirm that payouts are occurring regularly and at scale.
In addition, FundedNext publicly shares payout certificates and trader success stories through its official channels and community platforms. These examples offer further confirmation that funded traders are receiving withdrawals under the firm’s stated rules.
Taken together, dashboard withdrawal records, third-party payout analytics, and publicly shared payout certificates provide a layered view of payment proof. While no prop firm can guarantee profits, FundedNext makes payout activity visible enough for traders to assess credibility before committing.
Funded Account Rules (What Happens After You Pass)
Once you pass a FundedNext challenge, you move into a FundedNext Account. This is the funded stage where you start earning a performance reward (your profit split) as long as you follow the risk rules.
One thing I like here is that FundedNext keeps the rules clear. You are not guessing what counts as a breach. Your dashboard tracks the limits, and the funded rules are laid out by account type so you can pick the model that actually matches your style.
FundedNext Funded Account Rules Comparison (After Passing)
| Feature | Stellar 2-Step | Stellar 1-Step | Stellar Lite | Stellar Instant |
|---|---|---|---|---|
| Profit Split | 80% (can scale to 90%) | 80% (can scale to 90%) | 80% (can scale to 90%) | Tier-based rewards (can reach up to 80%) |
| Daily Loss Limit | 5% | 3% | 4% | No daily loss rule listed (uses trailing risk) |
| Maximum Drawdown | 10% | 6% | 8% | 6% (trailing) |
| News Trading | Yes | Yes | Yes | Yes |
| EA Allowed | Yes | Yes | Yes | Yes |
| Copier Allowed | Yes, but only between your own accounts | Same | Same | Same restrictions apply |
| Consistency Rule | No | No | No | No |
| Weekend Holding | Not allowed on funded Stellar accounts | Not allowed | Not allowed | Allowed under Instant rules |
Who FundedNext Is Best For
FundedNext works best for traders who value flexibility and are comfortable following structured rules. If you trade with discipline and prefer clear boundaries over loose risk limits, the platform fits well.
It is especially suitable for:
Swing traders who want no time pressure during evaluations
Day traders who rely on news and intraday volatility
Traders planning to scale their account gradually
Traders who want multiple challenge formats under one firm
On the other hand, FundedNext may not suit:
Aggressive scalpers who push drawdown limits
Traders who dislike reading detailed rules
Traders who prefer fixed, identical conditions across all account types
Platforms and Trading Environment
FundedNext uses a simulated trading environment that mirrors real market conditions. Pricing is derived from live markets, and execution behaves similarly to standard trading platforms.
Traders can access their accounts through:
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Match-Trader
cTrader
This range allows traders to stick with familiar platforms or explore alternatives depending on their trading style.
| Platform | Best For | Charting Tools | Devices Supported | Key Benefit |
|---|---|---|---|---|
| MT4 | Simple execution and broad EA support | Basic | Windows, Mac, Mobile | Familiar interface with a huge ecosystem of indicators and EAs |
| MT5 | Deeper analysis and more order features | Advanced | Windows, Mac, Mobile | More timeframes, order types, and built-in tools than MT4 |
| cTrader | Clean UI and advanced order control | Advanced | Windows, Web, Mobile | Strong charting and flexible order management in a modern layout |
| Match-Trader | Web and mobile-first trading | Moderate | Web, Mobile | Simple interface with built-in account view and trade reporting |
Scaling Plan Explained
FundedNext uses a simulated trading environment that mirrors real market conditions. Pricing is derived from live markets, and execution behaves similarly to standard trading platforms.
Traders can access their accounts through:
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Match-Trader
cTrader
This range allows traders to stick with familiar platforms or explore alternatives depending on their trading style.
Fees and Trading Costs
FundedNext charges an upfront fee for challenge accounts, which can be refunded once payout conditions are met. The exact fee depends on the program and account size.
Trading costs vary by instrument. Forex trades typically include commissions, while indices and cryptocurrencies may have lower or zero commissions depending on the platform.
Swap-free (Islamic) accounts are available, though they usually cost more than standard accounts.
Customer Support and Company Details
FundedNext was launched in 2022 and operates as a proprietary trading firm rather than a broker. Support is available through multiple channels, including live chat and email, with additional help provided through documentation and community platforms.
Most rule clarifications and updates are published in the help center, which is worth checking regularly if you trade actively.
Final Verdict
FundedNext is a legitimate proprietary trading firm that offers a wide range of funding options for traders with different experience levels and risk preferences. Its biggest strength is flexibility. You can choose between multiple evaluation models or skip evaluations entirely with Instant funding, which is not something every prop firm offers.
The firm does a good job of setting clear rules. Profit targets, drawdown limits, payout timing, and scaling conditions are published in advance and tracked transparently through the dashboard. For traders who take time to understand the rules, there are few surprises.
That said, FundedNext is not a hands-off option. Rule complexity is real, and conditions change depending on the program you choose. Some funded accounts restrict weekend holding, Instant accounts use trailing drawdown, and news profits are partially counted during specific windows. If you rush or ignore these details, the account can fail quickly.
FundedNext makes the most sense for disciplined traders who value structure, want flexibility in how they get funded, and plan to scale over time. It is less suitable for aggressive scalpers or traders who prefer identical rules across all account types.
If you approach it with patience, read the documentation, and choose the right program for your trading style, FundedNext offers a fair and transparent path to trading firm capital.
Take Action
Ready to start your funded trading journey? Visit FundedNext's official website to:
- Compare all four challenge programs
- Check current pricing and promotions
- Read the complete help center documentation
- Purchase your challenge with discount code PROPFIRMS
Remember: Read all rules carefully before purchasing. The time you invest in understanding the documentation will save you from costly mistakes once you're trading.
This review is published by Tradpip.com, an independent prop firm review platform dedicated to providing honest, transparent analysis of proprietary trading firms worldwide.