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FundedNext promotes the success of traders in their trading endeavors. They prioritize clients who demonstrate discipline, effective risk management, and a commitment to long-term consistency in their trading careers. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $200,000 and receive up to 95% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.
Who are FundedNext?
FundedNext is a proprietary trading firm with the legal name GrowthNext F.Z.C that was incorporated on the 18th of March, 2022. They are located in Dubai, United Arab Emirates, and are being managed by CEO Abdullah Jayed. FundedNext provides traders with the opportunity to choose between six account types, three two-step evaluations, and three one-step evaluations while developing their FundedNext Server as their broker.
FundedNext’s headquarters are located at Office no. 7, AI Robotics HUB, C1 Building, AFZ, Ajman, United Arab Emirates.
Abdullah Jayed is globally recognized as one of the most promising young entrepreneurs in the digital sector and the retail trading industry. He founded Jayed Corp back in 2016 with the intention of creating opportunities for employment on a global basis and additionally simplifying people’s lives.
He is very well known for founding the following projects: Growth Alliance, MoneyBackFX, and eComChef, which all became leading companies within the market in a short period of time. Additionally, after finding major success in the retail trading industry, he also founded FundedNext, which is a multi-million dollar proprietary trading firm that has become an extremely attractive opportunity inside the proprietary trading firm industry.
One of Jayed’s beliefs is that every young and enthusiastic individual should chase their dreams in order to reach their goals. This can be clearly seen in his FundedNext project, where he is encouraging traders with a solid trading strategy to test themselves and receive funding upon being successful in the evaluation. This way, traders can access larger amounts of capital and earn percentage-based profit splits as a reward for their hard work and dedication.
Anyone interested in following Abdullah Jayed can do so by following his Instagram and LinkedIn. This way, you will be able to see more of his posts and what he’s up to on a daily basis.
Funding Program Options
FundedNext provides its traders with six unique funding program options:
What Makes FundedNext Different From Other Prop Firms?
FundedNext differs from most industry-leading prop firms due to offering six unique account types: three two-step evaluations and three one-step evaluations. In addition, they also provide numerous favorable features, such as add-ons for specific Challenge accounts, an unlimited trading period (except the Evaluation Model), bi-weekly withdrawals, a 15% profit share from demo phases, and being an affordable option (Stellar Lite Challenge).
FundedNext’s Two-step Stellar Challenge is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 8% in phase one and 5% in phase two, with a 5% maximum daily and 10% maximum loss rules. You also have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 5 calendar days in each evaluation phase. The Two-step Stellar Challenge also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Two-step Stellar Challenge stands out mainly for having an unlimited trading period, a 95% lifetime profit split add-on, bi-weekly withdrawals, and a 15% profit share from demo phases.
Is Getting FundedNext Capital Realistic?
It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.
After considering all the factors, FundedNext is highly recommended since you have five unique funding programs to choose from, two two-step evaluations and three one-step evaluations, which all feature realistic trading objectives and conditions for qualifying for payouts.
Which Broker Does FundedNext Use?
FundedNext doesn’t trade with any of the common broker brands. Instead, they have developed their own FundedNext Server as their broker.
As for trading platforms, while you are working with FundedNext, they allow you to trade on MetaTrader 4, MetaTrader 5, or cTrader.
Trading Instruments
As mentioned above, FundedNext has developed its own FundedNext Server, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, and cryptocurrencies with a leverage of up to 1:100, depending on the trading instrument that you are trading and the Challenge that you are participating in.
Education
FundedNext provides its community with a detailed Blog with educational content, such as the following five categories:
It is also worth mentioning that FundedNext is one of the companies that distinguishes itself by providing a free trial opportunity to traders all across the globe. This provides everyone with an opportunity to experience their trading conditions, as well as gain experience by testing their trading strategy within their demo environment.
Finally, FundedNext grants all clients entry to a professionally designed trader dashboard. This functionality enhances risk management by providing continuous access to comprehensive statistics and objectives, ensuring real-time updates.
Conclusion
In conclusion, FundedNext is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between six funding programs: the Two-step Stellar Challenge, Stellar Lite Challenge, and Evaluation Model, which are two-step evaluations, and the One-step Stellar Challenge, Consistency Express Model, and Non-Consistency Express Model, which are one-step evaluations.
FundedNext’s Two-step Stellar Challenge is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% up to 95% profit splits. Traders must reach profit targets of 8% in phase one and 5% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 5 calendar days in each evaluation phase. Finally, it’s essential to note that the Two-step Stellar Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.
FundedNext’s One-step Stellar Challenge is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 90% up to 95% profit splits. Traders must reach a profit target of 10% to become successfully funded. These are realistic trading objectives, considering you have a 3% maximum daily and 6% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during the evaluation phase. However, you are required to trade for a minimum of 2 calendar days during the evaluation phase. Finally, it’s essential to note that the One-step Stellar Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.
FundedNext’s Stellar Lite Challenge is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% up to 95% profit splits. Traders must reach profit targets of 8% in phase one and 4% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 4% maximum daily and 8% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 5 calendar days in each evaluation phase. Finally, it’s essential to note that the Stellar Lite Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.
FundedNext’s Evaluation Model is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% up to 95% profit splits. Traders must reach profit targets of 10% in phase one and 5% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have a 5 minimum trading day requirement during both evaluation phases, as well as a maximum trading period of 4 weeks in phase one and 8 weeks in phase two. Finally, it’s essential to note that the Standard Offer features a scaling plan, providing you with the opportunity to increase your initial account balance.
FundedNext’s Consistency Express Model is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 80% up to 95% profit splits. Traders must reach a profit target of 25% to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during the evaluation phase. However, you are required to trade for a minimum of 10 calendar days during the evaluation phase. It is important to note that there is also a consistency rule, and you are prohibited from holding your trades during the weekend. Finally, it’s essential to note that the Consistency Express Model features a scaling plan, providing you with the opportunity to increase your initial account balance.
FundedNext’s Non-Consistency Express Model is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 80% up to 95% profit splits. Traders must reach a profit target of 25% to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during the evaluation phase. However, you are required to trade for a minimum of 10 calendar days during the evaluation phase. Finally, it’s essential to note that the Consistency Express Model features a scaling plan, providing you with the opportunity to increase your initial account balance.
I would recommend FundedNext to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with unique features, such as add-ons for specific Challenge accounts, an unlimited trading period (except the Evaluation Model), bi-weekly withdrawals, and a 15% profit share from demo phases. After considering everything FundedNext has to offer to traders all across the globe, they can undoubtedly be regarded as one of the industry-leading prop firms.