By funding traders’ trading activities with their own money, prop firms have been piquing the interest of online traders.
FundedNext allows its funded traders to have accounts of up to $200,000 with a maximum profit share of 95%. Together with its favorable trading conditions, these profitable opportunities presented by FN attract professional traders worldwide.
Do you think you have the trading skills needed to pass the FundedNext challenge? Explore this TRU Insight to learn everything you need to know about FundedNext, including its legitimacy, account types, and online reviews.
Read on before you open a FundedNext funded account.
Is FundedNext Legit and Regulated in 2025?
FundedNext (Legal Name: FundedNext Ltd.) was established in 2022 to provide proprietary trading services to traders worldwide. The company is incorporated in the United Arab Emirates (UAE) and owned by NEXT Venture. The company’s CEO was reported to be Syed Abdullah Jayed.
A prop trading firm, like FundedNext, doesn’t offer an online brokerage service. With this, prop firms are not mandated to comply with any financial regulatory body. Despite that, FN is partnered with Eightcap, a broker that’s regulated by the Australian Securities and Investments Commission (ASIC) with an Australian Financial Services License (AFSL) number of 391441.
FundedNext has paid approximately $39 million to over 38,000 funded traders. However, it’s worth noting that this prop firm has been receiving multiple negative reviews from its clients, claiming that the firm has terminated their accounts despite complying with the prop firm’s trading conditions.
Note: Prop trading is a type of investment strategy in which the firm funds the trading activity of a qualified trader. The trader should pass the imposed trading challenges to ensure their skills and profitability in the financial markets.
Want to access genuine experiences and reviews of verified traders on a particular broker or service provider? An independent and verified online trading community, like CommuniTrade, connects you to credible and unbiased community reviews.
FundedNext Free Trial Account
FundedNext provides free trial access to traders interested in getting funded by the prop firm. This feature enables potential clients to assess the firm’s trading conditions and become familiar with the trading platform without incurring financial commitments.
The trader can try all the funded accounts offered by FundedNext. What’s better is it allows traders to convert their accounts into swap-free accounts, reflecting its commitment to equitable trading experience regardless of the trader’s religious beliefs.
Read more: Islamic Trading: Is Halal Trading Possible in 2025
However, a trader with a free trial account is limited to using MT5 as its trading platform only.
After the trial ends, the trader may choose to walk away or continue with the actual challenges by opening a pre-funded live account. This live account includes the firm’s challenges used to assess whether the account holder is qualified to be funded by the firm.
FundedNext Funded Accounts
A trader can choose from 17 accounts across three different challenge plans, namely Stellar Lite, Stellar 1-Step, and Stellar 2-Step. The challenge fees range from $32 to $999, all of which are refundable.
Once the trader passes the corresponding account challenge, they can access funded accounts with sizes from $5,000 to $200,000.
Stellar 2-Step Accounts
| Profit Share | 15% |
| Phase 1 Profit Target | 8% |
| Phase 2 Profit Target | 5% |
| Maximum Overall Loss | 10% |
| Maximum Daily Loss | 5% |
| Minimum Trading Days | 5 days |
| First Withdrawal | 21 days |
FundedNext’s Stellar 2-Step plan includes $6,000 to $200,000 funded account types, with challenge fees ranging from $59 to $999. However, this challenge plan consists of two evaluations to ensure the trader’s profitability.
The trader should be able to gain 8% during the first challenge phase and 5% on the second challenge—all that while maintaining a 5% daily drawdown and 10% maximum drawdown.
Once the funded trader gains a profit from their trades using the account, they’re entitled to a profit share of up to 95%. They can initiate their first FundedNext payout 21 days after they open their account.
Stellar 1-Step
| Profit Share | 15% |
| Profit Target | 10% |
| Maximum Overall Loss | 6% |
| Maximum Daily Loss | 3% |
| News Trading | Allowed |
| Maximum Profit Split | 95% |
| Minimum Trading Days | 2 Days |
As the name suggests, the Stellar 1-Step plan requires traders to pass only one evaluation challenge to access a funded account, ranging from $6,000 to $200,000. Since it’s considered easier than the 2-Step plan, challenge fees are more expensive, ranging from $65 to $1,099.
However, this also entails stricter trading conditions. Traders should hit the 10% profit target while maintaining a daily drawdown of 3% and a maximum drawdown of 6%.
The trader can access up to 95% of their funded trading profit. In terms of first withdrawal, the firm allows Stellar 1-Step account holders to initiate payout requests 5 days after the account opening.
Stellar Lite
| Phase 1 Profit Target | 8% |
| Phase 2 Profit Target | 4% |
| Maximum Overall Loss | 8% |
| Maximum Daily Loss | 4% |
| Profit Split Upto | 95% |
| Minimum Trading Days | 5 Days |
The Stellar Lite accounts of FundedNext have the most beginner-friendly challenges and cheapest fees among the three challenge plans. With only $32 to $399 fees, a funded trader applicant can open accounts sized from $5,000 to $100,000.
The trader should hit an 8% profit target during the first phase and 4% in the second phase to pass the challenge and get funded. Additionally, the account should not incur a daily loss of 4% and a maximum loss of 8% to get funded.
Stellar Lite accounts don’t split the profit earned during the challenge phase.
Similar to the two challenge plans, traders of Stellar Lite accounts are entitled to a maximum of 95% shared profit. The first withdrawal will be initiated after 5 days of account creation.
FundedNext Trading Platforms
The trader’s platform proficiency is necessary to ensure their compliance with the imposed trading conditions. Thus, FundedNext allowed its traders to access three of the widely used trading platforms, which are:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- CTrader
For traders who want to have a full FN trading experience, FundedNext’s Match-Trader can be their platform option. Match-Trader is known for its intuitive design, comprehensive suite of charting tools, and superior execution speeds.
By being built in cloud-based technology, Match-Trader allows FN-funded traders to access their trades and the market even when they’re on the go.
FundedNext Support
Aside from its 24/7 customer support service, the funded traders of FundedNext are empowered with support from the FN Community.
FundedNext Discord hosts the FN Community, allowing its traders to network and learn from the strategies and experiences of one another. Additionally, the provision of community allows its clients to address their issues and resolve their disputes with the help of like-minded individuals.
FundedNext Reviews
FundedNext, a prop trading firm, has received mixed reviews online. Here are some key points based on recent feedback:
- Account Termination: Some users have reported issues with account termination, often citing unclear or sudden changes in rules.
- Inaccurate Execution of Daily Loss: There have been complaints about the execution of daily loss limits, with some traders experiencing unexpected breaches.
- Online Review Manipulation: Concerns have been raised about the authenticity of online reviews, with accusations of manipulation to present a more favorable image.
However, there are also positive reviews highlighting quick profit payouts and transparent rules. It’s important to weigh both sides and consider your own trading needs and experiences.
Which Is Better: FundedNext vs. FTMO
While FTMO fell short in terms of diverse account types (it doesn’t offer 1-step evaluation) and maximum balance ($2 million compared to FN’s $4 million), FTMO was deemed a better option between the two.
Established in 2015, FTMO boasts a decade of experience in the market. Its tenure allows it to cater to all CFD instruments, including stocks. Stocks CFDs are not available to trade on FundedNext.
Read more: FTMO Review in 2025: Legit or Scam Prop Firm?
Frequently Asked Questions (FAQs)
How to Login to FundedNext?
You should have your FundedNext account to log in to your FN Dashboard.
Once you have it, simply go to its website (https://fundednext.com/), click on the “Login” button at the top of your screen, and fill in your FundedNext login credentials.
You can also connect your Gmail account for an easier login experience.
Does FundedNext Pay Out?
The average disbursement time of FundedNext is 5 hours. If it fails to disburse the payout within 24 hours, you shall receive an extra $1,000 as compensation.
Does FundedNext Impose Inactivity Fee?
There is no specific information available about FundedNext imposing an inactivity fee. It’s best to check their terms and conditions or contact their support for detailed information.
What Is FundedNext Minimum Trading Days
The minimum trading days requirement can vary based on the specific challenge or account type. For Stellar 2-Step and Lite accounts, the minimum trading days are 5 days. On the other hand, the Stellar 1-Step account has minimum trading days of 2 days.
How to Get FundedNext Promo Code?
Promo codes for FundedNext can often be found through their official website, newsletters, or promotional campaigns.
You might also find them on the FundedNext discord community and social media, where they announce special offers, like promo codes or discounts.
Is FundedNext Worth Your Effort?
By tapping into traders who want to participate in the financial markets without risking their own money, prop firms have been making waves in the online trading scene.
With up to a $200k funded account and a profit split of 95%, FundedNext offers immense profitable opportunities to qualified funded traders. However, it’s worth noting the criticisms it receives from online review sites.
Do you want to access genuine and practical reviews about FundedNext or other prop firms? Join CommuniTrade to connect with verified online traders worldwide and learn from their first-hand experiences.
