Firm Overview
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No broker / Simulated environment
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MT4
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MT5
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Match Trader
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cTrader
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TradeLocker
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Card
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Crypto
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PayPal
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Skrill
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Apple Pay
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Google Pay
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Rise
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Crypto
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Simulated
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Simulated
About FundedNext Prop Firm
FundedNext is a top-3 prop firm by funded trader count and one of the most-searched FTMO alternatives in the category. Cross-brand traffic is dominated by FundedNext vs FTMO comparisons, with 93,000+ funded traders across 150+ countries.
Where FTMO pays only on the funded phase, FundedNext offers a unique 15% profit share during the challenge phase — no other top-10 competitor does this. 24-hour payout processing is faster than FTMO’s 1–2 day window, and the $4M scaling ceiling matches Funded Trading Plus on the upside. Five platform options (MT4, MT5, Match Trader, cTrader, DXTrade) give FundedNext the broadest platform coverage in the top 10.
For traders comparing FundedNext vs FTMO, Alpha Capital Group, or The Funded Trader, the differentiators are challenge-phase earnings and 24h payout speed.
Instruments
Key Strengths & Limitations
Pros
- Traders earn 15% profit share even during the challenge phase — unique feature
- Scaling path up to $4,000,000 in simulated capital
- Fast 24-hour payout processing
- 93,000+ funded traders across 150+ countries
- 5 platform options: MT4, MT5, Match Trader, cTrader, TradeLocker
- Fee refund on first profit withdrawal
Cons
- Tight 3%–5% daily loss limits (strictest among major firms)
- Platform fees on certain account types
- Total payouts now reported at $261M+ (previously $96M was questioned); independent verification still limited
- Customer support quality inconsistent during peak periods
- No dedicated futures product
Program Comparison
| Criteria | Stellar 1-Step | Stellar 2-Step | Express / Instant |
|---|---|---|---|
| Account Sizes | $2,000 – $200,000 | $2,000 – $200,000 | $2,000 – $200,000 |
| Time Limit | None | None | None |
| Profit Target | 10% | 8% + 5% | Varies / n/a |
| Max Loss (Daily / Total) | 3% / 6% | 5% / 10% | 5% / 10% |
| Profit Split | 60–90% (up to 95%) | 60–90% (up to 95%) | 60–90% (up to 95%) |
| Leverage | — | — | — |
| Payout Frequency | Within 24 hours | Within 24 hours | Within 24 hours |
| Copy Trading | Yes | Yes | Yes |
| Platforms | MT4, MT5, Match Trader, cTrader, TradeLocker | MT4, MT5, Match Trader, cTrader, TradeLocker | MT4, MT5, Match Trader, cTrader, TradeLocker |
Firm Rules
FundedNext applies standard equity-based rules with news restrictions on funded accounts and a consistency requirement for top profit tiers.
Drawdown
- Standard equity drawdown rules
Strategies & Automation
- EAs and automated strategies allowed
- No martingale, grid or latency arbitrage
News Trading
- News trading allowed in evaluation
- On funded accounts, restricted ±5 minutes of high-impact news
Profit Split & Consistency
- Consistency score required for highest profit split tiers
Note: Failing the consistency check may cap a trader at the base profit split.
Payout Policy
Profit Split
- Up to 95% profit split on top scaling tier.
Frequency
- On-demand payouts; 15% profit share even during challenge phase (unique feature).
Methods
- Crypto (USDT/USDC) and RiseWorks.
Processing Time
- Within 24 hours.
Note: Scaling path up to $4,000,000 in simulated capital.
Restricted Countries
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United States
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Bangladesh
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Myanmar
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Belarus
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North Korea
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Syria
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Grenada
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Chad
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Malaysia
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Belize
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Antigua and Barbuda
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Tuvalu
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Vietnam
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Bouvet Island
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Burundi
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Eritrea
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Comoros
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Sri Lanka
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Fiji
Frequently Asked
Questions
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What is FundedNext's 15% challenge reward and how do I claim it?
On Stellar 1-Step and 2-Step challenges, traders earn 15% of the challenge profit target once they hit 10% cumulative growth on the live funded account. For accounts purchased or reset on or after January 12, 2026, the 15% reward is paid when the trader becomes eligible for the Scale-Up plan rather than immediately at 10% growth.
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What evaluation models are available?
FundedNext offers Stellar 1-Step (10% target, 3% daily, 6% overall loss), Stellar 2-Step (8% then 5% targets, 5% daily, 10% overall), and Stellar Lite (lighter 4% daily, 8% overall with no 15% reward). The older Express and Evaluation accounts were discontinued for new clients on March 18, 2025.
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Can US traders use FundedNext and which platforms work?
Yes. US traders can trade the Stellar CFD line but are limited to Match-Trader and cTrader because MT4 and MT5 are not offered in the US. Account sizes above $100,000 are not available on Match-Trader or cTrader, so US traders cannot buy $200,000 CFD accounts.
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How high can FundedNext accounts scale, and how often are payouts?
Funded balances can grow up to $4 million via the Scale-Up plan, with 40% account size increases per qualifying cycle (minimum 10% growth over four consecutive months plus two completed payouts). Payouts are on-demand once the account is up 5% or more, otherwise every 14 days, and are typically processed within 24 hours with a $1,000 compensation guarantee if that window is missed.
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Is FundedNext regulated, and what is FNmarkets?
FundedNext is a UAE-incorporated prop firm owned by NEXT Venture and is not itself regulated as a broker. Its 2024 spinoff FNmarkets is a separate entity licensed by the Mwali International Services Authority (Comoros) and registered in St. Lucia, with no shared risk pool between the two.