FundedNext Review

FundedNext provides forex traders with up to $300,000 in capital, aiming to empower them financially and support them in achieving full-time earnings while enabling further growth. Traders have the option to select from six distinct funding program choices, including three two-step evaluations and three one-step evaluations, based on their preferences.

Pros

Cons

Who are FundedNext?

FundedNext, officially registered as GrowthNext F.Z.C, is a proprietary trading firm founded on March 18, 2022. Based in Dubai, United Arab Emirates, it operates under the leadership of CEO Abdullah Jayed. FundedNext offers traders the choice of five different account types, which include two two-step evaluations and three one-step evaluations. The company has developed its own trading platforms, MetaTrader 4 Incenteco and MetaTrader 5 GrowthNext, to help traders refine their skills.

The main office of FundedNext is located at Office No. 7, AI Robotics HUB, C1 Building, AFZ, Ajman, United Arab Emirates.

Who is the CEO of FundedNext?

Abdullah Jayed is internationally recognized as one of the most promising young entrepreneurs in the digital and retail trading sectors. He established Jayed Corp in 2016 with the goal of creating global employment opportunities and simplifying people’s lives.

Jayed is well-known for founding several successful ventures, including Growth Alliance, MoneyBackFX, and eComChef, all of which quickly became leading firms in their respective markets. Following his significant success in the retail trading sector, he also launched FundedNext, a multi-million dollar proprietary trading firm that has quickly become a highly sought-after opportunity within the industry.

One of Jayed’s core beliefs is that every passionate and ambitious individual should pursue their dreams to achieve their goals. This philosophy is evident in his FundedNext initiative, which encourages traders with solid strategies to challenge themselves and secure funding upon successful completion of the evaluation. This allows traders to access larger capital amounts and earn profit shares as a reward for their efforts and dedication.

Those interested in following Abdullah Jayed’s activities can connect with him on Instagram and LinkedIn to keep up with his latest updates and daily endeavors.

FundedNext Programs

Challenge Phase: 2

Challenge Phase Profit Share: 15%

Profit Target: P1:10%, P2:5%

Maximum Daily Loss: 5%

Maximum Overall Loss: 10%

Drawdown Type: Balance Based

Time Limit: P1: 4 weeks P2: 8 weeks

Minimum Trading Day: 5

Comission: $3/Per Lot

Profit Split Upto: 95%

Trading Leverage: 1:100

Challenge Phase: 1

Challenge Phase Profit Share: 15%

Profit Target: 25%

Maximum Daily Loss: 5%

Maximum Overall Loss: 10%

Drawdown Type: Balance Based

Time Limit: No Time Limit

Minimum Trading Day: 10

Comission: $3/Per Lot

Profit Split Upto: 95%

Trading Leverage: 1:100

Challenge Phase: 1

Challenge Phase Profit Share: 15%

Profit Target: 25%

Maximum Daily Loss: 5%

Maximum Overall Loss: 10%

Drawdown Type: Balance Based

Time Limit: P1: No Time Limit

Minimum Trading Day: 10

Comission: $3/Per Lot

Profit Split Upto: 95%

Trading Leverage: 1:100

Challenge Phase: 1

Challenge Phase Profit Share: 15%

Profit Target: 10%

Maximum Daily Loss: 3%

Maximum Overall Loss: 6%

Drawdown Type: Balance Based

Time Limit: No Time Limit

Minimum Trading Day: 2

Comission: $3/Per Lot

Profit Split Upto: 95%

Trading Leverage: 1:30

Challenge Phase: 2

Challenge Phase Profit Share: 15%

Profit Target: P1:8%, P2:5%

Maximum Daily Loss: 5%

Maximum Overall Loss: 10%

Drawdown Type: Balance Based

Time Limit: No Time Limit

Minimum Trading Day: 5

Comission: $3/Per Lot

Profit Split Upto: 95%

Trading Leverage: 1:100

Proof of Payment

FundedNext, a proprietary trading firm founded on March 18, 2022, is home to a vibrant community of traders who have attained funded status and successfully qualified for profit splits.

Traders achieve funded status through FundedNext’s Two-step Stellar Challenge, One-step Stellar Challenge, Evaluation Model, Consistency Express Model, or Non-Consistency Express Model, and become eligible for their first payout after 14 calendar days. Subsequent payouts are issued every 14 calendar days, provided the trader exceeds the initial account size. The profit split ranges from a substantial 80% up to 95%, based on the profits earned from the funded account.

To demonstrate FundedNext’s payment reliability, various platforms display proof of payments. Trustpilot, for example, includes reviews from traders who have shared their experiences with the company and described the successful receipt of payouts. Moreover, FundedNext’s Discord channel, YouTube channel, and Instagram page feature payment proofs, showcasing numerous payout certificates and interviews with top-performing traders.

For visual confirmation of payouts and payment proof, refer to the images provided below.

Final thoughts

In conclusion, FundedNext is a respected and reliable proprietary trading firm offering six distinct funding programs: the Two-step Stellar Challenge, Stellar Lite Challenge, Evaluation Model, One-step Stellar Challenge, Consistency Express Model, and Non-Consistency Express Model.

The Two-step Stellar Challenge involves two phases, requiring an 8% profit in phase one and a 5% profit in phase two to manage a funded account and receive profit splits from 80% to 95%. Traders must adhere to a 5% maximum daily and 10% maximum loss rule, with a minimum of 5 trading days per phase. This program includes a scaling plan for increasing the initial account balance.

The One-step Stellar Challenge requires achieving a 10% profit in a single phase to qualify for a funded account and earn profit splits of 90% to 95%. Traders follow a 3% daily and 6% maximum loss rule, with a minimum of 2 trading days. This challenge also features a scaling plan.

The Stellar Lite Challenge is a two-phase evaluation with targets of 8% in phase one and 4% in phase two, offering profit splits of 80% to 95%. Traders must comply with a 4% daily and 8% maximum loss rule, and trade for at least 5 days per phase. This program includes a scaling plan as well.

The Evaluation Model requires achieving a 10% profit in phase one and 5% in phase two, with a profit split of 80% to 95%. Traders face a 5% daily and 10% maximum loss rule, with a minimum of 5 trading days and maximum periods of 4 weeks in phase one and 8 weeks in phase two. It also features a scaling plan.

The Consistency Express Model requires a single phase with a 25% profit target, offering profit splits from 80% to 95%. Traders must adhere to a 5% daily and 10% maximum loss rule, trade for a minimum of 10 days, and cannot hold trades over the weekend. This model includes a scaling plan.

The Non-Consistency Express Model mirrors the Consistency Express Model in profit targets and rules but does not have the weekend trading restriction. Traders must trade for a minimum of 10 days and benefit from a scaling plan.

FundedNext is recommended for those seeking a reliable prop firm with flexible trading conditions and features like add-ons for specific challenges, bi-weekly withdrawals, and a 15% profit share from demo phases. With its comprehensive offerings, FundedNext stands out as a leading firm in the industry.

We value your privacy.

We use cookies and other tracking technologies to enhance your browsing experience, analyze website traffic, and to show you personalized content and targeted ads. By clicking ‘Accept All’, you consent to the use of these technologies. To learn more, please read our Privacy Policy and Terms of Conditions.