FundedNext is a proprietary trading firm launched in 2022, enabling traders to access up to $4 million in trading capital without risking personal funds. The firm uses evaluation-based programs like Stellar One-Step, Two-Step, and Express Challenges to assess trading skills. Traders can earn profit splits of 60%-95% and scale accounts by 40% every four months for consistent performance.
Withdrawals are processed within 24 hours, with compensation for delays. Meeting profit targets, adhering to risk rules, and trading consistently are required to qualify. Payment methods include cryptocurrency, bank transfers, and platforms like Wise or Payoneer.
Key Highlights:
- Evaluation Phases: Two-step or single-step models with strict profit and risk targets.
- Profit Splits: Up to 95% based on performance.
- Withdrawal Rules: Minimum thresholds apply; payouts processed in 24 hours.
- Risk Management: Daily loss limits, consistency rules, and restricted news trading.
Success requires disciplined trading, reliable tools like VPS for execution, and adherence to FundedNext’s rules.
Evaluation Phases: Requirements and Rules
2-Phase Evaluation Model
FundedNext uses a two-step process to evaluate traders: the Challenge phase and the Verification phase. Each phase has specific profit targets and strict risk limits to ensure disciplined trading.
In the Challenge phase, traders must achieve a 10% profit target while adhering to clear risk parameters. These include a maximum daily loss limit of 5% and an overall maximum loss limit of 10% of the initial account balance. For instance, on a $100,000 account, traders need to generate $10,000 in profits while ensuring they don’t lose more than $5,000 in a single day or $10,000 in total.
The Verification phase is more conservative, requiring a 5% profit target but with the same risk limits. For the same $100,000 account, this means earning $5,000 in profits while staying within the daily and overall loss thresholds. Both phases also require a minimum of 5 trading days, ensuring traders demonstrate consistent performance rather than relying on a few lucky trades. There’s no maximum time limit, allowing traders to focus on disciplined and patient execution.
Express and Stellar Challenges
In addition to the two-phase model, FundedNext offers single-step evaluation options through the Express and Stellar Challenges.
The Express Challenge combines the Challenge and Verification phases into a single step. Traders must meet a 10% profit target while adhering to consistency requirements.
The Stellar Challenge comes in two formats: Stellar One-Step and Stellar Two-Step. The Stellar One-Step requires traders to achieve a 10% profit target with added benefits like enhanced profit sharing. Meanwhile, the Stellar Two-Step mirrors the standard evaluation model but offers improved terms.
A key feature of these challenges is the consistency rule. Traders cannot earn more than 50% of their total profits in a single trading day. For example, if the profit target is $10,000, no single day’s profits can exceed $5,000. This ensures traders avoid excessive risks and focus on steady performance.
The Stellar Challenges also stand out with higher profit splits, starting at 80% and increasing up to 95% as traders demonstrate consistent results.
Risk Management Rules
Risk management is a cornerstone of FundedNext’s evaluation process. A daily loss limit resets at 5:00 PM EST, and individual trades are typically capped at 1–2% risk to prevent over-leverage. However, these limits may vary depending on the challenge type and account size.
To protect accounts during high-impact economic events, news trading restrictions are enforced. Traders are prohibited from opening new positions 2 minutes before or after major news releases, although existing positions can remain open. This rule minimizes the risks associated with volatile market conditions.
Weekend holding is generally allowed, but traders should be mindful of potential gap openings, which can affect daily loss calculations. Some challenges may impose specific weekend holding restrictions, particularly during the evaluation phases.
Consistency requirements, as mentioned earlier, apply across all challenge types. These rules ensure that profits come from multiple successful trades rather than relying on one or two high-risk moves, promoting sustainable and disciplined trading practices.
Profit Sharing and Account Scaling
Account Scaling Process
In addition to offering competitive profit sharing, FundedNext provides traders with an opportunity to grow their account funding through an impressive scaling process. Every four months, traders who meet the program’s requirements can increase their account size by 40%. For instance, a $100,000 account could expand to $140,000 after just one review period. This system is designed to motivate traders to maintain disciplined and consistent trading habits.
How to Request Withdrawals
Withdrawal Requirements
Before submitting a withdrawal request, you must meet all Trading Cycle requirements. This includes achieving profitability, hitting profit targets, completing the required number of trading days, and adhering to risk rules [1]. Staying within drawdown limits is crucial – exceeding daily or overall loss limits will disqualify you from payouts and result in account termination [2][3]. Additionally, consistent trading activity is required; extended inactivity can lead to withdrawal delays, cancellations, or even account deactivation. For the evaluation model, you must complete at least five trading days during the evaluation phase to qualify for your first payout [2].
FundedNext also enforces minimum profit thresholds for withdrawal requests. If your Performance Reward is below $20, you won’t be able to request a withdrawal for that cycle, and the amount will roll over to the next period [4]. For USDT withdrawals (via TRC20 or ERC20), the minimum Performance Reward is $20, while RiseWorks withdrawals require at least $50 [4].
The FundedNext Futures Legacy Challenge has its own set of rules. Here, you can withdraw up to 50% of accumulated profits after every five Benchmark Days, provided you’ve completed fewer than 30 Benchmark Days. However, the minimum Performance Reward for this challenge is $250, meaning you’ll need a total profit of at least $500 to make a $250 withdrawal request [5].
Once you’ve met these conditions, follow the steps below to complete your withdrawal.
Withdrawal Steps
The withdrawal process is simple and can be completed in a few steps:
- Head to your account dashboard via the Accounts section in your FundedNext portal and find the "Payout" section [1].
- Click on the "Payout Request" button to start the process. You’ll receive a One-Time Password (OTP) via your registered email to confirm your request [1].
- Enter the OTP in the designated field within the given time frame.
- Close any open trades and double-check your withdrawal details before submitting. Any incomplete KYC verification or incorrect payout details could lead to delays [2].
- Be aware that any transfer gateway fees incurred during the withdrawal process will be your responsibility [1].
Payment Methods and Processing Times
Once your request is submitted, FundedNext processes it within 24 hours. If they fail to meet this timeline, you’ll receive $1,000 compensation added to your Performance Reward [1][6][7]. The time it takes for the funds to reach you depends on the payment method you choose:
| Payment Method | Processing Time (after FundedNext’s 24-hour processing) |
|---|---|
| Cryptocurrency (USDT, USDC, BTC) | 1–2 business days [2] |
| Bank Transfer | 3–5 business days [2] |
| Wise/Payoneer | 1–3 business days [2] |
| Deel | 1–2 business days [2] |
Cryptocurrency is generally the quickest option, with funds typically arriving in 1–2 business days after FundedNext’s internal processing. Bank transfers take a bit longer, usually 3–5 business days, while platforms like Wise, Payoneer, and Deel process payments within 1–3 or 1–2 business days. To avoid delays, ensure your payout details are accurate and your KYC verification is complete before submitting a withdrawal request [2].
How to Withdraw Profit from Your FundedNext Account Explained | Prop Trading Guides
Improving Performance for FundedNext Evaluations
Passing FundedNext evaluations isn’t just about trading skills – it’s about consistently executing your strategy, using dependable technology, and practicing disciplined risk management. Many traders stumble due to technical glitches, inconsistent performance, or preventable errors.
Using TraderVPS for Faster Execution
When trading volatile markets, network latency can make or break your evaluation. Milliseconds matter, and a typical home internet connection can introduce delays that lead to slippage, missed entries, or poorly timed exits – none of which you can afford during a FundedNext evaluation.
This is where TraderVPS steps in. With minimal latency and 24/7 uptime, TraderVPS ensures your trading platform stays operational, even during outages or maintenance. Their optimized servers provide a stable environment, so automated strategies can execute without hiccups. For FundedNext traders, this reliability is non-negotiable. Missing a trade due to downtime or technical issues could derail your progress, whether it’s hitting profit targets or meeting the minimum trading day requirements. TraderVPS keeps your platform running smoothly in a professional data center setup, eliminating these risks.
For most FundedNext traders, the VPS Pro plan ($99/month) is a solid choice. It supports 3-5 charts, comes with 16GB RAM, and offers dual monitor capability – perfect for managing multiple currency pairs or timeframes without lag. If your strategy involves more complexity or you’re handling larger accounts, the VPS Ultra plan ($199/month) is a better fit, supporting 5-7 charts with 64GB RAM and quad monitor support.
Best Practices for Consistent Performance
Technology is just one piece of the puzzle. To pass FundedNext evaluations, you need disciplined trading habits. Hitting profit targets isn’t enough; you must show steady, controlled growth throughout the evaluation. Large winning days followed by steep losses can lead to consistency violations, even if you’re profitable overall.
Here are some key practices to maintain consistency:
- Adjust position sizing: After losses, reduce your risk to 1% or even 0.5% per trade until you regain momentum. This keeps your equity curve stable, which is a critical factor for FundedNext evaluators.
- Automated trading systems: These can outperform discretionary trading during evaluations by removing emotional decision-making. A well-tested algorithm will stick to predefined risk parameters, but it’s essential to thoroughly backtest and forward-test any system before using it live.
- Set alerts for daily loss limits: Configure alerts at 75% of your daily loss limit. This gives you time to scale back risk or close positions before breaching limits.
- Use a trading journal: Analyze your trades to spot patterns. Track not just wins and losses, but also factors like time of day, market conditions, and your emotional state. This insight can help you refine your strategy, such as focusing on sessions where you perform better or avoiding pairs that consistently cause issues.
Common Mistakes to Avoid
Even with solid strategies and tools, certain mistakes can undermine your efforts.
- Overtrading: The pressure to hit profit targets can lead to taking low-probability trades or deviating from your strategy. FundedNext gives you 30+ days to meet targets, so there’s no need to rush. Stick to high-quality setups.
- Trading around major news events: Economic releases like NFP or FOMC meetings can cause unpredictable volatility. Avoid trading during these times to minimize drawdown risks.
- Inconsistent risk management: Avoid increasing position sizes after wins or revenge trading after losses. Stick to your predefined risk per trade to maintain stability.
- Weekend gaps: Holding trades over weekends can expose you to gap risks when markets reopen. While FundedNext allows overnight and weekend positions, consider closing trades before market closures, particularly in volatile conditions.
- Inadequate backtesting: Automated systems that perform well in historical data may fail in live markets due to shifting conditions. Always forward-test systems in demo accounts and adjust parameters as needed.
- Technical issues: Poor internet connectivity or unreliable hardware can ruin evaluations. A single disconnect during a volatile move can leave positions unmanaged, leading to drawdown violations. Using a reliable VPS service like TraderVPS minimizes these risks and ensures smooth execution.
Conclusion
Navigating FundedNext’s evaluation phases and withdrawal process requires a blend of preparation, strategy, and reliable tools. What sets this firm apart is its approach – offering higher profit-sharing opportunities during evaluations and processing payouts efficiently – making it an appealing choice for traders in the U.S. However, success hinges on adopting risk strategies tailored to the unique demands of the evaluation process.
To pass these evaluations, it’s crucial to fully grasp the requirements of your specific challenge. As your account grows, your risk management must adapt accordingly. This means shifting from fixed risk percentages to more flexible position sizing that aligns with the evolving scale of your account.
Consistency is a cornerstone of FundedNext’s system. Unlike challenges with strict time constraints, FundedNext values steady, sustainable growth over quick, high-risk gains. Reliable technology also plays a vital role in ensuring consistent performance. Technical disruptions can derail months of hard work, so dependable execution is essential to safeguard your progress.
As discussed, disciplined and consistent trading is the foundation for success in FundedNext’s program. With the potential for substantial payouts and account scaling, the rewards are significant for traders who approach the process methodically. Treat the evaluation not as a barrier to rush through, but as an opportunity to refine and showcase your trading discipline.
FAQs
What are the profit and risk targets to pass FundedNext’s evaluation phases?
FundedNext provides several evaluation programs, each tailored with distinct profit goals and risk thresholds:
- Two-Step Stellar Challenge: Traders need to achieve an 8% profit target in the first phase and a 5% profit target in the second phase. The program enforces a 5% maximum daily loss and a 10% overall maximum loss.
- One-Step Stellar Challenge: This program sets a 10% profit target, along with a 3% maximum daily loss and a 6% total maximum loss.
- Stellar Lite Challenge: Participants must reach an 8% profit target in phase one and a 4% profit target in phase two. Risk is limited to a 4% maximum daily loss and an 8% overall maximum loss.
These structured programs are designed to help traders meet performance benchmarks while maintaining strict risk management, ensuring a disciplined and focused approach throughout the evaluation process.
How does FundedNext handle withdrawals, and what happens if there are delays?
FundedNext prioritizes fast withdrawal processing, promising payouts within 24 hours. If there’s any delay, they back their commitment with a $1,000 bonus, showcasing their dedication to traders. Most withdrawals are handled in as little as five hours, providing a seamless and dependable experience for funded traders.
What are the best strategies to stay consistent and successfully pass FundedNext’s evaluation process?
To excel in FundedNext’s evaluation, consistency is your best ally. Begin by respecting risk limits – never breach daily or overall drawdown thresholds. Craft a well-defined trading plan that outlines your strategies for entry and exit points, position sizing, and how you’ll manage risk.
Discipline plays a key role here. Stick to your plan and resist the urge to make impulsive moves. Incorporate solid risk management tools, like stop-loss orders, to safeguard your capital. Focus on achieving steady, consistent gains rather than chasing big, quick wins. This mindset not only helps you meet the evaluation criteria but also lays a strong foundation for long-term trading success.
