Firmsโ€บFunded Nextโ€บ

Funded Next

Prop Firm Watch Verified

Platforms:
Match TraderMT4MT5
Assets:
FXCryptoIndicesOther Commodities
Payout:
CryptoRiseworks

Country: ๐Ÿ‡ฆ๐Ÿ‡ช AE

In the industry: 4 years

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Prop Firm Overview

Broker

Institutional Liquidity Provider

Platform

Match TraderMT4MT5

Payout Method

CryptoRiseworks

Payment Method

Apple PayAstropayCredit/Debit CardCryptoGoogle PayPaypalPerfect MoneySkrillTC Pay

Instruments and Assets

Type of Instruments

CFD

Assets

FXCryptoIndicesOther Commodities

Leverage

AssetInstant1-Step2-Step3-Step
No leverage details yet.

Commissions

FX: Stellar 1-Step & 2 Step: $5/Lot | Stellar Lite & Instant: $7/lot

Crypto: 0.04%/lot

Indices: No commission

Other Commodities: Stellar 1-Step & Stellar 2 Step: 5$/Lot | Stellar lite & Stellar Instant: 7$/lot

Consistency Rules

None

Firm Rules

Copy trading

  • Copy trading is only allowed between challenge accounts and between instant accounts.

Expert Advisors (EAs)

  • EAs are only available as an add-on.

EAs are allowed, only works on MetaTrader 4 and MetaTrader 5.

EA must be customized to suit your trading style.

Identical trades across accounts are not allowed.

Using an EA or trading bot to pass the Challenge Account and then switching to manual trading in the FundedNext Account (or vice versa) is not allowed.

There is a maximum allocation limit of $300,000 for each EA or trading bot's strategy.

News Trading

  • Allowed without restriction during evaluation stage
  • 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.)

Inactivity Rule

  • Challenge Accounts on FundedNext expire after 60 days of inactivity. In order to keep the account active, traders must place a trade on the account within a consecutive 60 calendar days timeframe.

Drawdown Adjustment Rule for Instant accounts

  • If your 6% trailing Max Drawdown resets to the initial balance after reaching a 6% or more profit, maintain a profit buffer to keep trading. Withdrawing all profits will result in account closure.

Maximum Risk at a Time | Funded Accounts Only

Funded accounts are expected to follow a 3% risk-per-trade guideline, where risk is the maximum potential loss on a trade based on stop loss placement (no stop-loss within 3 minutes counts as 100% risk).

Breaking the guideline leads to profit reductions (50% on first violation, 100% on second) and eventually placement into the Disciplined Trader Program on the third violation.

Key rules

  • Margin requirements: Traders are required to maintain margin usage within the range of 20โ€“30%, with a strict maximum cumulative limit of 70%.

You must use the same trading strategy and method (manual or EA) during both the Challenge and Funded Account. Switching between them is not allowed.

Utilizing specific asset classes, symbol categories, specific margin or risk usages to pass the evaluation phase and then switching to entirely different asset classes or symbol categories and significantly increasing the margin utilization or risk usages in the FundedNext Account, is prohibited.

Account rolling is strictly prohibited, buying multiple evaluations to sacrifice some while passing others is considered a high-risk, luck-based tactic that violates FundedNextโ€™s principles of skill and responsible trading. Violations may lead to restrictions on new purchases or lifetime allocation limits.

One-sided Betting: One-Sided Betting is a gambling-like trading behavior where a trader takes concentrated directional exposure, opens multiple trades in the same direction, or enters reactive positions without sufficient consideration of market conditions, fundamental news, or technical analysis

Grid Trading: Grid trading is a strategy where a trader places multiple buy and sell orders at different price levels above and below the current market price. The goal is to profit from price fluctuations as the market moves up and down, hitting various price points.

Other prohibited trading strategies: https://help.fundednext.com/en/articles/8020351-what-are-the-restricted-prohibited-trading-strategies?q=risk

Payout Policy

Stellar 1-Step

Every 7 days

Stellar 2-Step

  • First payout is 21 days, then 14 days.

Stellar Lite

  • First payout is 21 days, then 14 days.

Stellar Instant

  • On demand (available anytime if you hit 5% and above, you can request withdrawal immediately).

Bi-Weekly (If your profit is less than 5%, you can only make a withdrawal after 14 14 days with a minimum of 1% profit).

Important Note: If payout is below $20, you can't withdraw.

Payout Limit for each Payout Method

USDT (TRC20)

  • Lowest Payout Amount: $20
  • Highest Payout Amount: $1,999

USDT (ERC20) and USDC (ERC20)

  • Lowest Payout Amount: $50
  • Highest Payout Amount: $1,999

RiseWorks

  • Lowest Payout Amount: $50
  • Highest Payout Amount: No Limits

Payout Limits for TC Pay

  • Lowest Payout Amount: $20
  • Highest Payout Amount: $5,000

Restricted Countries

  • ๐Ÿ‡ฆ๐Ÿ‡ฌ Antigua & Barbuda
  • ๐Ÿ‡ง๐Ÿ‡ฉ Bangladesh
  • ๐Ÿ‡ง๐Ÿ‡พ Belarus
  • ๐Ÿ‡ง๐Ÿ‡ฟ Belize
  • ๐Ÿ‡ง๐Ÿ‡ป Bouvet Island
  • ๐Ÿ‡ง๐Ÿ‡ฎ Burundi
  • ๐Ÿ‡จ๐Ÿ‡ป Cape Verde
  • ๐Ÿ‡น๐Ÿ‡ฉ Chad
  • ๐Ÿ‡ฐ๐Ÿ‡ฒ Comoros
  • ๐Ÿ‡จ๐Ÿ‡ฐ Cook Islands
  • ๐Ÿ‡ช๐Ÿ‡ท Eritrea
  • ๐Ÿ‡ซ๐Ÿ‡ฏ Fiji
  • ๐Ÿ‡ฌ๐Ÿ‡ฉ Grenada
  • ๐Ÿ‡ฒ๐Ÿ‡พ Malaysia
  • ๐Ÿ‡ฒ๐Ÿ‡ฒ Myanmar (Burma)
  • ๐Ÿ‡ฐ๐Ÿ‡ต North Korea
  • ๐Ÿ‡ฑ๐Ÿ‡ฐ Sri Lanka
  • ๐Ÿ‡ธ๐Ÿ‡พ Syria
  • ๐Ÿ‡น๐Ÿ‡ป Tuvalu
  • ๐Ÿ‡ป๐Ÿ‡ณ Vietnam
Prop Firm Overview

Broker

Institutional Liquidity Provider

Platform

Match TraderMT4MT5

Payout Method

CryptoRiseworks

Payment Method

Apple PayAstropayCredit/Debit CardCryptoGoogle PayPaypalPerfect MoneySkrillTC Pay
Instruments and Assets

Type of Instruments

CFD

Assets

FXCryptoIndicesOther Commodities
Leverage

No leverage details yet.

Commissions

FX

Stellar 1-Step & 2 Step: $5/Lot | Stellar Lite & Instant: $7/lot

Crypto

0.04%/lot

Indices

No commission

Other Commodities

Stellar 1-Step & Stellar 2 Step: 5$/Lot | Stellar lite & Stellar Instant: 7$/lot

Consistency Rules

None

Firm Rules

Copy trading

  • Copy trading is only allowed between challenge accounts and between instant accounts.

Expert Advisors (EAs)

  • EAs are only available as an add-on.

EAs are allowed, only works on MetaTrader 4 and MetaTrader 5.

EA must be customized to suit your trading style.

Identical trades across accounts are not allowed.

Using an EA or trading bot to pass the Challenge Account and then switching to manual trading in the FundedNext Account (or vice versa) is not allowed.

There is a maximum allocation limit of $300,000 for each EA or trading bot's strategy.

News Trading

  • Allowed without restriction during evaluation stage
  • 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.)

Inactivity Rule

  • Challenge Accounts on FundedNext expire after 60 days of inactivity. In order to keep the account active, traders must place a trade on the account within a consecutive 60 calendar days timeframe.

Drawdown Adjustment Rule for Instant accounts

  • If your 6% trailing Max Drawdown resets to the initial balance after reaching a 6% or more profit, maintain a profit buffer to keep trading. Withdrawing all profits will result in account closure.

Maximum Risk at a Time | Funded Accounts Only

Funded accounts are expected to follow a 3% risk-per-trade guideline, where risk is the maximum potential loss on a trade based on stop loss placement (no stop-loss within 3 minutes counts as 100% risk).

Breaking the guideline leads to profit reductions (50% on first violation, 100% on second) and eventually placement into the Disciplined Trader Program on the third violation.

Key rules

  • Margin requirements: Traders are required to maintain margin usage within the range of 20โ€“30%, with a strict maximum cumulative limit of 70%.

You must use the same trading strategy and method (manual or EA) during both the Challenge and Funded Account. Switching between them is not allowed.

Utilizing specific asset classes, symbol categories, specific margin or risk usages to pass the evaluation phase and then switching to entirely different asset classes or symbol categories and significantly increasing the margin utilization or risk usages in the FundedNext Account, is prohibited.

Account rolling is strictly prohibited, buying multiple evaluations to sacrifice some while passing others is considered a high-risk, luck-based tactic that violates FundedNextโ€™s principles of skill and responsible trading. Violations may lead to restrictions on new purchases or lifetime allocation limits.

One-sided Betting: One-Sided Betting is a gambling-like trading behavior where a trader takes concentrated directional exposure, opens multiple trades in the same direction, or enters reactive positions without sufficient consideration of market conditions, fundamental news, or technical analysis

Grid Trading: Grid trading is a strategy where a trader places multiple buy and sell orders at different price levels above and below the current market price. The goal is to profit from price fluctuations as the market moves up and down, hitting various price points.

Other prohibited trading strategies: https://help.fundednext.com/en/articles/8020351-what-are-the-restricted-prohibited-trading-strategies?q=risk

Payout Policy

Stellar 1-Step

Every 7 days

Stellar 2-Step

  • First payout is 21 days, then 14 days.

Stellar Lite

  • First payout is 21 days, then 14 days.

Stellar Instant

  • On demand (available anytime if you hit 5% and above, you can request withdrawal immediately).

Bi-Weekly (If your profit is less than 5%, you can only make a withdrawal after 14 14 days with a minimum of 1% profit).

Important Note: If payout is below $20, you can't withdraw.

Payout Limit for each Payout Method

USDT (TRC20)

  • Lowest Payout Amount: $20
  • Highest Payout Amount: $1,999

USDT (ERC20) and USDC (ERC20)

  • Lowest Payout Amount: $50
  • Highest Payout Amount: $1,999

RiseWorks

  • Lowest Payout Amount: $50
  • Highest Payout Amount: No Limits

Payout Limits for TC Pay

  • Lowest Payout Amount: $20
  • Highest Payout Amount: $5,000
Restricted Countries
  • ๐Ÿ‡ฆ๐Ÿ‡ฌ Antigua & Barbuda
  • ๐Ÿ‡ง๐Ÿ‡ฉ Bangladesh
  • ๐Ÿ‡ง๐Ÿ‡พ Belarus
  • ๐Ÿ‡ง๐Ÿ‡ฟ Belize
  • ๐Ÿ‡ง๐Ÿ‡ป Bouvet Island
  • ๐Ÿ‡ง๐Ÿ‡ฎ Burundi
  • ๐Ÿ‡จ๐Ÿ‡ป Cape Verde
  • ๐Ÿ‡น๐Ÿ‡ฉ Chad
  • ๐Ÿ‡ฐ๐Ÿ‡ฒ Comoros
  • ๐Ÿ‡จ๐Ÿ‡ฐ Cook Islands
  • ๐Ÿ‡ช๐Ÿ‡ท Eritrea
  • ๐Ÿ‡ซ๐Ÿ‡ฏ Fiji
  • ๐Ÿ‡ฌ๐Ÿ‡ฉ Grenada
  • ๐Ÿ‡ฒ๐Ÿ‡พ Malaysia
  • ๐Ÿ‡ฒ๐Ÿ‡ฒ Myanmar (Burma)
  • ๐Ÿ‡ฐ๐Ÿ‡ต North Korea
  • ๐Ÿ‡ฑ๐Ÿ‡ฐ Sri Lanka
  • ๐Ÿ‡ธ๐Ÿ‡พ Syria
  • ๐Ÿ‡น๐Ÿ‡ป Tuvalu
  • ๐Ÿ‡ป๐Ÿ‡ณ Vietnam

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