Start Trading with Funded Next Prop Firm

FundedNext Prop Firm: Rules, Advantages, and More

FundedNext is a proprietary trading firm that offers traders the opportunity to manage substantial capital by successfully completing their evaluation programs. With a focus on flexibility, profitability, and dedicated support, FundedNext has become a notable choice for aspiring professional traders.

Evaluation Models

FundedNext provides several evaluation models to cater to different trading styles and preferences:

1. Evaluation Challenge:
   This two-phase program requires traders to achieve a 10% profit target in Phase 1 and a 5% target in Phase 2 within specified time frames. Successful completion grants access to funded accounts with up to $200,000 in capital.

1. Express Challenge:
   Designed for more aggressive traders, this model has a higher profit target of 25% but offers the advantage of no time limits. Traders also receive a 15% profit share during the challenge phase.

2. Stellar Challenge:
   This streamlined program features specific profit targets without time constraints, making it more attainable for traders aiming for consistent performance.

Key Advantages

• High Profit Sharing: Traders can earn up to 95% of the profits they generate, among the highest in the industry.
• Profit Sharing During Evaluation: Unique to FundedNext, traders receive a 15% profit share during the challenge phases, providing immediate rewards for their efforts.
• Flexible Trading Conditions: FundedNext allows traders to hold positions overnight and over weekends, accommodating various trading strategies.
• Diverse Trading Platforms: Traders have access to MetaTrader 4, MetaTrader 5, and cTrader, enabling them to choose the platform that best suits their needs.

Rules and Guidelines

To maintain a structured and fair trading environment, FundedNext enforces specific rules:

• Daily Loss Limit: Traders are permitted a maximum daily loss of 5% of the initial account balance.
• Maximum Overall Loss: The total allowable loss is capped at 10% of the initial balance.
• Minimum Trading Days: A minimum of 5 trading days is required during the evaluation phases to ensure consistent trading activity.
• Prohibited Practices: The use of Expert Advisors (EAs) is not allowed during competitions, and traders are expected to engage in manual trading only.

Additional Highlights

• Unlimited Free Retakes: If traders meet the eligibility criteria but do not achieve the profit target within the given time, they can retake the evaluation phases without additional fees.
• News Trading: Traders are allowed to trade during news events, though they should be mindful of the associated risks.
• Competitive Fees: FundedNext offers a range of account sizes and challenge models with affordable fees, accommodating different trading styles and experience levels.

In summary, FundedNext provides a comprehensive platform for traders seeking to manage significant capital with favorable profit-sharing arrangements, flexible trading conditions, and robust support. By adhering to the firm's guidelines and demonstrating consistent performance, traders can advance their careers and achieve substantial financial rewards.

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