FundedNext Review

Rules (CFD / Forex)

Drawdown / Max Loss

Daily Loss Limit

The daily loss limit is calculated against the initial balance of the account (not the current balance), and resets at 00:00 server time (GMT+3 during Daylight Saving Time; GMT+2 for the rest of the year).

The daily loss includes both closed trade results and floating (unrealised) losses on open positions. Swap charges, commissions, and fees are included in the calculation.

Intraday profits expand the daily loss buffer dynamically within the same day. For example, on a $100,000 Stellar 2-Step account with a 5% daily loss limit: if the trader earns $2,000 profit during the day, the permitted daily loss for that day becomes $7,000 ($5,000 base + $2,000 profit). However, this expanded buffer does not carry over after the 00:00 reset; the following day reverts to the base percentage of the initial balance.

If a trader holds a losing open position through midnight, the previous day’s profits no longer count toward the buffer and the full position loss is measured against the new day’s base limit.

Breaching the daily loss limit results in the account being paused or terminated (not a temporary reset). The account is marked with a “Daily Loss Limit” breach and trading is no longer permitted.

Daily loss limits by program:

Program	Daily Loss Limit
Stellar 2-Step (Challenge and FundedNext Account)	5% of initial balance
Stellar 1-Step (Challenge and FundedNext Account)	3% of initial balance
Stellar Lite (Challenge and FundedNext Account)	4% of initial balance
Stellar Instant	None
Free Trial Account	5% of initial balance
Free Monthly Competition	5% of initial balance

Maximum Loss Limit (Overall Drawdown)

The maximum loss limit is a fixed absolute floor calculated from the initial balance for Stellar Challenge programs. The protected floor does not trail upward with profits. Instead, profits increase the maximum permitted loss buffer (the gap between the current balance and the floor). If a trader makes a $4,000 profit on a $100,000 Stellar 2-Step account, their maximum permitted loss becomes $14,000 (original $10,000 + $4,000 profit), but the floor of $90,000 remains fixed.

If a trader loses money and starts the next trading cycle at a lower balance, the maximum loss limit is reduced accordingly (e.g., starting at $98,000 on a Stellar 2-Step account means only $8,000 remains before hitting the $90,000 floor).

The maximum loss limit applies across both Challenge and FundedNext Account stages. Breaching it results in account termination.

Maximum loss limits by program:

Program	Maximum Loss Limit	Floor (on $100k account)
Stellar 2-Step	10% of initial balance	$90,000
Stellar 1-Step	6% of initial balance	$94,000
Stellar Lite	8% of initial balance	$92,000
Free Trial Account	10% of initial balance	$90,000
Free Monthly Competition	10% of initial balance	N/A

After a scale-up (Stellar programs), drawdown limits adjust proportionally based on the new account balance. For example, a $100,000 Stellar 2-Step account scaled to $140,000 would have a new daily loss limit of $7,000 (5%) and a maximum loss limit of $14,000 (10%).

Swap charges count toward drawdown limits unless the trader holds a swap-free account.

There is a temporary leverage adjustment in effect (as of March 2, 2025) reducing leverage to 1:5 on Oil, Metals, and Indices trades in active FundedNext Accounts (Stellar 1-Step, Stellar 2-Step, and Stellar Lite). Challenge accounts are excluded from this adjustment.

Stellar Instant: Trailing Maximum Loss Limit

The Stellar Instant Account uses a trailing maximum loss limit of 6% of the initial balance. The trailing floor moves upward only when profits are made; it never moves downward when losses occur. Once the trailing floor reaches the initial balance level, it stops trailing further upward (the floor is capped at the initial balance level).

Example (on a $10,000 account):

• Initial trailing MLL floor: $9,400 (i.e., 6% below $10,000).
• After a $200 profit: new balance $10,200; floor rises to $9,600.
• After a $100 loss: new balance $10,100; floor stays at $9,600 (losses do not move the floor).
• After a $400 profit: new balance $10,500; floor rises to $9,900.
• After a $600 profit: new balance $11,100; floor rises to $10,000 (capped at initial balance; does not go higher).

The Trailing MLL does not reset after a Performance Reward is received. Withdrawing too large a reward can cause the account balance to fall toward or below the MLL floor; partial withdrawals are recommended in early tiers.

FundedNext applies a 1% equity buffer to the Trailing MLL for Stellar Instant accounts during news event windows to prevent unintended breaches caused by the news profit deduction.

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Consistency Rule / Minimum Trading Days

There is no consistency or best-day-profit rule. No restriction applies to a single day’s profit as a percentage of total profits.

Minimum Trading Days: Challenge Phase

Program	Minimum Trading Days (Challenge)	Minimum Trades Per Day
Stellar 1-Step	2 days	At least 1 trade per day
Stellar 2-Step Phase 1	5 days	At least 1 trade per day
Stellar 2-Step Phase 2	5 days	At least 1 trade per day
Stellar Lite Phase 1	5 days	At least 1 trade per day
Stellar Lite Phase 2	5 days	At least 1 trade per day
Free Trial Account	3 days (within 14-day window)	At least 1 trade per day
Free Monthly Competition	5 individual/separate trades required	Minimum 5 trades total across the competition period

Days do not need to be consecutive. A trading day only counts if at least one trade is opened on that day.

Minimum Trading Days: FundedNext Account Stage

There is no minimum trading day requirement in the FundedNext Account stage for Stellar 1-Step, Stellar 2-Step, or Stellar Lite programs.

No Minimum Trading Days Add-On:

Available for Stellar 1-Step ($6k, $15k, $25k), Stellar 2-Step ($6k, $15k, $25k), and all Stellar Lite account sizes. Removes the minimum trading day requirement entirely for the challenge phase. Costs an additional 25% for Stellar 1-Step and Stellar 2-Step, and 20% for Stellar Lite.

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Leverage

Leverage differs by asset class. The following data covers the main programs:

Stellar 1-Step, Stellar 2-Step, and Stellar Lite (Challenge and FundedNext Account):

Asset Class	Max Leverage	Max Lot Size (per trade)	Max Lot Size (total open)
Forex pairs	1:100	No fixed maximum (margin-dependent)	No fixed maximum (margin-dependent)
Commodities / Metals	Varies by instrument; see platform specifications	No fixed maximum	No fixed maximum
Indices	Varies by instrument; see platform specifications	No fixed maximum	No fixed maximum
Cryptocurrencies	1:1	No fixed maximum	No fixed maximum

Stellar Instant:

Asset Class	Max Leverage	Max Lot Size (per trade)	Max Lot Size (total open)
Forex	1:30	No fixed maximum (margin-dependent)	No fixed maximum (margin-dependent)
Commodities	1:7.5	No fixed maximum	No fixed maximum
Indices	1:5	No fixed maximum	No fixed maximum
Crypto	1:1	No fixed maximum	No fixed maximum

Free Monthly Competition:

Asset Class	Max Leverage	Max Lot Size (per trade)	Max Positions (simultaneous)
Forex pairs	1:100	5 lots	Max 5 open positions total
Indices / Commodities / Metals	1:30	3 lots	Counted within the 5-position cap

Free Trial accounts: 1:100 for forex; 1:40 for commodities; 1:20 for indices.

Maximum lot size policy (CFD Challenges and FundedNext Accounts): No fixed maximum lot size is enforced. Traders may use any lot size provided margin is maintained and platform rules are complied with. However, excessive margin utilisation (cumulative 70% or above) is flagged as gambling behaviour and subject to the enforcement process described in the Prohibited Conduct section.

Temporary leverage adjustment (effective March 2, 2025): Leverage on Oil, Metals, and Indices is temporarily reduced to 1:5 for active FundedNext Accounts (Stellar 1-Step, Stellar 2-Step, and Stellar Lite). Challenge accounts are excluded from this adjustment.

FundedNext reserves the right to temporarily adjust leverage during extreme market volatility for both challenge and funded account stages.

The maximum allocation limit per EA strategy is $300,000.

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Trading Hours

Forex, indices, and commodities: standard market hours, Monday through Friday.

Overnight holding: Permitted for all programs (Stellar 1-Step, 2-Step, Lite, Stellar Instant, Challenge accounts, Competition, and Free Trial). No restrictions on holding positions overnight.

Weekend holding:

• Challenge accounts (Stellar 1-Step, 2-Step, Stellar Lite), Free Monthly Competition accounts, and Free Trial accounts: weekend holding is permitted.
• FundedNext Accounts (funded stage, covering Stellar 1-Step, 2-Step, and Stellar Lite): weekend holding is not permitted. All positions must be closed before market closure or before any rollover break exceeding 2 hours. Failure to close positions before market close results in automatic closure by the system.
• Stellar Instant accounts: weekend holding is permitted. All positions may be held over the weekend without restriction. Swap charges apply and are included in loss calculations.

Automatic closure mechanism: FundedNext Accounts automatically close all open positions and pending orders before the market closes on Friday if the trader has not done so manually.

Trading cycle end: All open trades are automatically closed by the system 15 minutes before the trading cycle ends (at 23:45 server time). The Free Monthly Competition closes all trades 15 minutes before competition end.

Server time: GMT+3 during Daylight Saving Time (summer months); GMT+2 for the rest of the year.

Cryptocurrency trading: Quotes available 00:00-24:00 MT platform time; trading permitted 00:15-24:00 MT platform time, Monday through Friday only. Weekend P&L on held crypto positions is the trader’s responsibility.

Triple swap days:

• Forex and commodities (including metals such as XAUUSD and XAGUSD): triple swap charges applied on Wednesdays to account for the weekend rollover.
• Indices and cryptocurrencies: triple swap charges applied on Fridays.

Traders holding gold (XAUUSD) through Wednesday night, for example, are charged three days’ worth of swaps in a single day. Swap charges apply to standard accounts and count toward daily loss calculations. Swap-free accounts are exempt from swap charges.

Express Consistency accounts (legacy): holders must close all trades 15 minutes before the weekend market close (this program is discontinued for new clients as of March 18, 2025).

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News Trading

News trading is permitted across all FundedNext programs, including Stellar 1-Step, Stellar 2-Step, Stellar Lite, Stellar Instant, FundedNext Accounts, the Free Trial, and the Free Monthly Competition. Trades may be opened, closed, or held through news events without restriction.

Challenge Phase: No news trading restrictions apply during any Challenge phase. Trades may be opened, closed, or held freely through any news event.

FundedNext Account (funded stage): News Profit Split Rule

A profit reduction model applies to all FundedNext Accounts (Stellar 1-Step, 2-Step, Lite, and Stellar Instant). The rule does not apply during Challenge phases.

• Time window: Trades opened or closed within 5 minutes before and 5 minutes after a listed high-impact news event are subject to the rule (a 10-minute window in total).
• Profit calculation: Only 40% of profit from trades executed within this window counts toward the account balance. Losses during this window are applied in full.
• Applies to: Market executions (opening and closing), pending orders, and orders triggered via Stop Loss or Take Profit.
• Partial closures: If a portion of a trade is closed within the news window, the entire trade is affected. Only 40% of the profit from that trade will count.
• Calculation timing: The News Profit adjustment is calculated after the trading cycle ends, not per individual trade.
• Impact on cycle balance: If the news adjustment causes the account balance to fall below the initial balance at cycle end, no Performance Reward can be requested that cycle. The next cycle starts from the initial balance rather than the negative adjusted balance (this benefit applies specifically in the case of a news adjustment-induced negative balance).

Instrument and news correlation: The 40% profit rule only applies to trades where the news event directly correlates with the traded symbol. A EUR/USD trade during a high-impact USD or EUR news event is affected. The same EUR/USD trade during a high-impact CNY news event is not affected.

Stellar Instant: additional 1% MLL equity buffer. FundedNext applies a 1% equity buffer to the Trailing Maximum Loss Limit for Stellar Instant accounts when news time profit deductions could otherwise cause an unintended breach.

Reference calendar: Only listed high-impact news events are covered. Low- and mid-impact events do not trigger the rule. The full list of applicable trading symbols and high-impact news events is published on the FundedNext help centre.

Disclaimer noted in documentation: Execution at the requested price for Stop Loss, Take Profit, and pending orders may not be honoured during news windows due to slippage and liquidity conditions. FundedNext does not accept responsibility for high volatility, widened spreads, or execution delays during news events.

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Multiple Accounts

FundedNext Account (funded stage) maximum allocation:

Traders may hold a maximum total simulated capital of $300,000 across all FundedNext Accounts combined. This cap applies across Stellar 1-Step, Stellar 2-Step, and Stellar Lite accounts together. Challenge accounts are not subject to this cap; a trader may hold multiple challenge accounts simultaneously regardless of total value.

Country-specific caps:

Traders from Cambodia, Mongolia, Slovakia, Slovenia, Taiwan, Ukraine, the Czech Republic, and Pakistan are capped at a maximum allocation of $50,000 across all FundedNext Accounts. Traders from these countries who previously held $100,000 or $200,000 accounts are not eligible to reset those accounts.

For the Free Monthly Competition: traders receive an account size not exceeding their country’s maximum allocation limit where restrictions apply.

Self-copy trading:

Copy trading between a trader’s own Challenge accounts is permitted, provided total combined capital does not exceed $300,000 and one account is designated as the master. Copy trading between a trader’s own FundedNext Accounts (funded stage) and Challenge accounts is strictly prohibited.

Account merging:

Accounts may be merged up to a maximum combined balance of $300,000. Merging requires both accounts to be in the same program type (e.g., two Stellar 2-Step accounts). Challenge accounts cannot be merged; only FundedNext Accounts. Accounts with open trades or a negative balance cannot be merged. The merged account’s reward share reverts to the lower of the two accounts. Accounts that have been scaled up cannot be merged.

The $25 platform fee for cTrader or Match-Trader is non-refundable and does not apply toward the merge. Double Up Add-On accounts and BOGO accounts cannot be merged.

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Prohibited Conduct

Prohibited strategies (account termination or reward denial):

• Gambling behavior: Excessive margin usage (cumulative 70% or above), overleveraging, or taking high-risk trades without proper analysis. First violation: formal warning. Repeated violations: leverage reduction, enforcement of 1% Risk Limit Rule, and potential account termination with profits from violating trades deducted.
• All-in trading: Risking the full or near-full daily loss limit on one or multiple simultaneous trades. Treated as gambling.
• Quick Strike Method: Ultra-fast trading exploiting brief market movements with very high trade volumes held for seconds.
• High-Frequency Trading (HFT): Using EAs or high-speed systems to execute excessive numbers of trades in milliseconds to seconds. Warnings are cumulative across all accounts. First warning issued when account hits/exceeds 2,000 server messages in a day; second warning on recurrence; third occurrence results in account breach. 15,000 messages in a single day causes forced account disablement. If a trader receives a hyperactivity warning and later engages in HFT (or vice versa), the penalty may be escalated to immediate suspension.
• Hyperactivity: Exceeding 200 trades or 2,000 server messages per day, including frequent modification of stop-loss, take-profit, or limit orders. Same warning structure as HFT above.
• Copy trading from others: Copying trades from accounts owned by different individuals, including family or friends. Prohibited regardless of method (manual or automated). Cloud-based copiers (Social Trader Tools, Duplikum, Traders Connect, etc.) are prohibited. VPS-based copiers are permitted only between the same trader’s own Challenge accounts.
• Cross-account hedging / group hedging: Opening buy and sell positions on the same asset across two or more accounts. Internal single-account hedging is permitted.
• Arbitrage trading: Any form of price discrepancy exploitation across markets or platforms.
• Tick scalping: High-volume trading exploiting tiny price fluctuations at very short holding times.
• Grid trading: Placing simultaneous buy and sell orders at multiple price levels above and below market price.
• Latency trading: Exploiting delayed market data or trade execution delays.
• Account rolling: Purchasing multiple evaluation accounts in rapid succession, intentionally sacrificing some while focusing on passing others. Monitored and may result in restrictions on purchasing new accounts or adjustments to lifetime allocation limits.
• One-sided betting: Concentrated directional exposure or multiple trades in the same direction where results hinge almost entirely on a single directional outcome. May require operation under 1% Risk Rule in the FundedNext Account.
• Platform/data freezing exploitation: Exploiting demo server errors or frozen data feeds to gain an unfair advantage.
• Guarantee of profit in low-liquidity periods: Exploiting the “dead zone” (US to Asian session transition) using limit orders that guarantee fills not available under normal market conditions.
• Account sharing / device sharing: Sharing account credentials or trading devices with other individuals, including for account management or “pass your challenge” services. Zero tolerance.
• Strategy switching: Using a manual strategy to pass the Challenge, then switching to an EA in the FundedNext Account (or vice versa). Using completely different asset classes or significantly increased margin utilisation in the FundedNext Account versus the Challenge phase.

Stop-loss placement rules:

FundedNext monitors stop-loss compliance and classifies violations into named categories (see Risk Violation Types under Firm Rules). Key requirements:

• Stop-loss orders must be placed within 3 minutes of opening a trade. Failure to do so is classified as a “Duration Exceeded” violation.
• Stop-loss orders must remain active on the trade. Removing a stop-loss after the initial 3-minute window and leaving it absent for more than 1 minute constitutes an “SL Gap” violation.
• Trades opened and maintained without any stop-loss at any time are classified as “No SL Trade” violations.
• The distance to the stop-loss must not exceed the maximum risk threshold for the account. An oversized stop-loss constitutes a “High Risk” violation.
• The combined risk of all simultaneously open trades must not exceed the cumulative maximum risk threshold (“At-a-Time High Risk” violation).

These violation types are tracked and displayed in the trading dashboard. Accumulation of violations contributes to risk assessment and may trigger the 1% Risk Limit Rule, the Disciplined Trader Program, or account review.

EA (Expert Advisor) rules:

EAs are permitted on MT4 and MT5 only, with an additional EA usage fee paid to FundedNext. EAs and automated trading are not permitted on cTrader or Match-Trader. Each EA must employ a distinct strategy; identical trades across multiple accounts are prohibited. Maximum $300,000 allocation per EA strategy. Tools that only modify trade parameters (SL, TP, lot size) are also classified as EAs and subject to EA rules. EAs specifically designed to pass prop firm challenges are prohibited. Violating EA rules results in a soft breach (requiring restart of current phase); repeated violations may lead to suspension and reward denial.

Specific banned EAs: The Prop Pilot EA, PropEA, Fxblood Capital, Gold OneShot EA MT5, Forex Flex EA, X Pass Bot.

VPN / VPS rules:

VPN use is permitted provided the trader uses a consistent IP in a consistent country and does not use free VPNs (shared IPs). VPNs must not use IP addresses from restricted countries.

VPS use is permitted with an additional usage fee. The VPS must have a dedicated IP and must not be shared with other traders. VPS is permitted only in conjunction with trade-taking EAs (not manual trading). VPS for account management services or group trading is prohibited. Broker-sponsored MetaTrader VPS is prohibited. VPS with restricted country IP addresses is prohibited. Manual trading via VPS is prohibited.

U.S.-based traders using MetaQuotes servers (MT4/MT5) may not connect from a USA-based IP address. Formal warning is issued on first detection; second detection results in account termination.

Password sharing:

Master password must not be shared. Investor password may be shared (e.g., for Myfxbook). Sharing master passwords is a prohibited conduct.

1% Risk Limit Rule:

A structured risk programme that FundedNext may implement on accounts exhibiting gambling behaviour, one-sided betting, or repeated violations. Limits maximum risk exposure to 1% at any given time. Traders who refuse to operate under this framework may exit the platform.

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Firm Rules (General)

Minimum trading days: See Consistency Rule section above.

Maximum time limit: No time limit to complete any Challenge phase (Stellar 1-Step, 2-Step, or Lite). The Free Trial account has a 14-calendar-day time limit from the date of first trade.

Inactivity rule: Challenge accounts expire after 60 consecutive calendar days without a trade (weekends and holidays included). A warning email is sent; the account is deactivated 24 hours after the warning if no trade is placed. Stellar Challenge accounts can be reset after inactivity deactivation. Evaluation and Express accounts (legacy) cannot be reset and must purchase a new account. FundedNext Accounts (funded stage) also expire after 60 days of inactivity and cannot be reset.

KYC requirement: KYC must be completed within 30 days of passing the Challenge. Failing to complete KYC within 30 days results in invalidation of the passed account. KYC is required before a FundedNext Account is issued. For Stellar Instant accounts, KYC is required before a payout can be requested.

KYC documents accepted (general): Government-issued National ID, Passport, or Permanent Residence Permit. For U.S. traders: National ID, Passport, or Driving License.

Additional address verification (utility bill or bank statement from within the last 3 months) may be required in some cases.

Dashboard registration: Traders must register using their official full name exactly as it appears on their government-issued ID. Country and address must also match the ID document. Registration under a company name is not permitted. All accounts are for natural persons only.

Name corrections: Minor corrections to registered names (fixing spelling errors or adding/removing a letter) can be requested through FundedNext support after registration. Significant name changes are not permitted.

Age requirement: Minimum 18 years old.

Company registration: Not permitted. Registration is for natural persons only.

Tradable instruments:

Forex: 43 pairs including all majors, minors, and a selection of exotics (full list includes AUDCAD, AUDUSD, EURUSD, GBPUSD, USDJPY).

Indices: AUS200, EUSTX50, FRA40, GER30, HK50, SPX500, NDX100, NTH25, JP225, SWI20, UK100, US30, US2000.

Commodities/Metals: XAUUSD (Gold), XAGUSD (Silver), XPTUSD (Platinum), UKOUSD (Brent Crude), USOUSD (Crude Oil WTI).

Cryptocurrencies (CFD): BTCUSD, ETHUSD, DOGUSD, ADAUSD, XLMUSD, XRPUSD, LNKUSD, LTCUSD, XMRUSD. Crypto leverage is 1:1.

No specifically prohibited instruments mentioned beyond standard regulatory country exclusions.

Restricted/excluded countries: Bangladesh, Myanmar, Belarus, North Korea, Syria, Grenada, Chad, Malaysia, Belize, Antigua and Barbuda, Cape Verde, Tuvalu, Vietnam, Bouvet Island, Burundi, Cook Islands, Eritrea, Comoros, Sri Lanka, Fiji. Bypassing these restrictions via VPN results in permanent account termination.

Free Trial Account: Available. Passing the Free Trial generates a 5% discount coupon valid for 14 days, applicable to CFD plans only, for new users.

Free Monthly Competition: Available. Participating generates a 7% discount coupon valid for 45 days, applicable to CFD plans only, for new users. U.S. clients cannot access the CFD Free Monthly Competition.

Scaling plan conditions: See Scaling Plan section.

Disciplined Trader Program:

An educational and corrective initiative applied by FundedNext to traders identified as exhibiting high-risk or gambling-style trading behaviour. Triggers include: losing trades significantly larger than average winning trades, breaching multiple accounts in a short time frame, excessive margin utilisation, gambling-style trading without defined risk parameters, or repeatedly risking substantial capital over a short duration.

While enrolled in the Disciplined Trader Program, traders must adhere to the following parameters:

• Maximum risk at a time: must not exceed 1% of the initial account balance.
• Mandatory stop loss on every trade.
• Maximum margin utilisation: 30% at any time.
• News trading is strictly prohibited during enrollment.
• Leverage remains unchanged and aligned with the account type.
• Existing account allocations are not restricted for accounts purchased before enrollment. New accounts purchased after enrollment are subject to a $50,000 maximum FundedNext Account allocation.

Graduation from the Disciplined Trader Program: Traders graduate upon achieving a total profit of $50,000 AND completing five consecutive successful Performance Reward cycles from the same account. Graduates may contact the FundedNext Trading Ethics Team to request restoration of standard allocation limits.

Re-enrollment: Traders who revert to excessive-risk behaviour after graduation may be re-enrolled. There is no fixed timeline for graduation; it is based solely on sustained consistency.

Performance review after 90 days: Enrolled traders who remain fully compliant with all program parameters for 90 consecutive days may request a performance review. FundedNext may, at its discretion, adjust parameters or consider conditional graduation. All parameters remain in force until a review is formally approved.

Non-compliance consequences in the Disciplined Trader Program:

• First violation: formal warning.
• Multiple violations: Performance Reward adjustment (reduction in reward share from violating trades).
• Repeated violations: account termination.
• Non-participation in the program after enrollment: account restrictions.

Risk Violation Types (as classified by FundedNext):

• SL Gap: A Stop Loss order is removed after the initial 3 minutes of a trade and remains inactive for more than 1 minute.
• No SL Trade: A trade is executed and maintained without ever placing a Stop Loss order.
• Duration Exceeded: A Stop Loss was not placed within 3 minutes of the trade opening.
• Duration Exceeded & High Risk: Stop Loss was placed after 3 minutes AND the Stop Loss distance exceeded the maximum risk threshold.
• High Risk: An individual trade’s risk exposure exceeds the maximum allowable risk limit.
• At-a-Time High Risk: The combined risk exposure of all open trades simultaneously exceeds the maximum cumulative risk threshold, even if individual trades each comply.

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Account Types / Programs

FundedNext currently offers four active programs for new clients (as of March 18, 2025; Express and Evaluation models are no longer available to new clients):

Stellar 1-Step Challenge

• 1-phase evaluation
• Profit target: 10% of initial balance
• No time limit
• Minimum trading days: 2 (with at least 1 trade per day)
• Daily loss limit: 3%
• Maximum loss limit: 6%
• Account sizes: $6,000, $15,000, $25,000, $50,000, $100,000, $200,000
• FundedNext Account: No profit target, no minimum trading days
• Trading cycle: 5 business days

Stellar 2-Step Challenge

• 2-phase evaluation
• Phase 1 profit target: 8% of initial balance
• Phase 2 profit target: 5% of initial balance
• No time limit for either phase
• Minimum trading days: 5 per phase (with at least 1 trade per day)
• Daily loss limit: 5%
• Maximum loss limit: 10%
• Account sizes: $6,000, $15,000, $25,000, $50,000, $100,000, $200,000
• FundedNext Account: No profit target, no minimum trading days
• First trading cycle: 21 days; subsequent cycles: 14 days

Stellar Lite Challenge

• 2-phase evaluation
• Phase 1 profit target: 8% of initial balance
• Phase 2 profit target: 4% of initial balance
• No time limit for either phase
• Minimum trading days: 5 per phase (with at least 1 trade per day)
• Daily loss limit: 4%
• Maximum loss limit: 8% (can be increased to 10% with the Maximum Loss Limit 10% Add-On)
• Account sizes: $5,000, $10,000, $25,000, $50,000, $100,000, $200,000
• Maximum FundedNext Account allocation for Stellar Lite: $200,000
• FundedNext Account: No profit target, no minimum trading days
• First trading cycle: 21 days; subsequent cycles: 14 days
• No 15% reward from Challenge (Stellar Lite is excluded)

Stellar Instant

• No challenge or evaluation phase required. Account is activated immediately upon purchase.
• No profit target, no minimum trading days, no consistency rule.
• Daily loss limit: None.
• Maximum loss limit: 6% of initial balance, applied as a trailing method (MLL trails upward with profits but is capped at the initial balance; losses do not lower the MLL floor).
• Account sizes: $2,000, $5,000, $10,000, $20,000.
• Maximum total purchase allocation: $20,000 at any time. Account merging not permitted.
• Maximum allocation with scaling: Up to $2,000,000 (via 10× tier-based scale-up).
• Overnight and weekend holding: Permitted with no restrictions. Swap charges apply.
• Platforms: MT4, MT5 only. cTrader is not available for Stellar Instant.
• No Passing Reward (no challenge fee is charged, so no refund exists).
• Performance Rewards: On-demand at 5% growth (confirmed at EOD) or bi-weekly at 1%+ growth.
• Reward share: 70% at Tiers 1–2; 80% from Tier 3 onward.
• Copy trading: Permitted between Stellar Instant accounts owned by the same individual. Prohibited between different individuals and between Stellar Instant and any CFD Challenge or FundedNext Account (even if owned by the same person).
• EAs: Permitted on MT4 and MT5 with EA usage fee. Same banned EAs apply as other programs.
• Reset: Available at 10% discount from original purchase price.
• Swap-free option: Available at 10% additional cost.
• KYC: Required before payout can be requested.

Reset prices for Stellar Instant:

Account Size	Original Price	Reset Price
$2,000	$59.99	$56.99
$5,000	$149.99	$134.99
$10,000	$299.99	$269.99
$20,000	$599.99	$539.99

Legacy programs (existing clients only):

• Evaluation model (discontinued for new clients March 18, 2025)
• Express model (discontinued for new clients March 18, 2025)

Swap-free accounts: Available across all programs (Stellar 1-Step, 2-Step, Lite, and Stellar Instant) at both Challenge and FundedNext Account stages. Same spreads, leverage, and rules as regular accounts. No additional paperwork required. Costs 10% more than the standard account price (the firm covers overnight holding charges). Can be selected as an Add-On at purchase.

Islamic (swap-free) account availability at funded stage: Yes, same as challenge stage.

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Challenge Fee Policy

The evaluation fee is a one-time payment covering all phases of the chosen program.

Platform surcharge: Selecting cTrader or Match-Trader adds a non-refundable $25 platform fee (paid directly to the platform provider). This applies globally except for U.S.-based traders using Match-Trader.

VPS usage fee: Separate additional fee required to use a VPS.

EA usage fee: Separate additional fee required to use EAs.

Refund policy:

• Full refund available if no trades have been placed within 7 days of registration.
• No refund once trading has commenced.
• No refund for resets or top-ups.
• The $25 cTrader/Match-Trader platform fee is non-refundable in all circumstances (except for U.S. Match-Trader users).

Passing Reward (fee refund upon passing):

The challenge fee is refunded as a Passing Reward upon reaching the first/third performance reward withdrawal milestone in the FundedNext Account:

• Stellar 2-Step: Passing Reward can be requested with the first Performance Reward withdrawal.
• Stellar 1-Step and Stellar Lite: Passing Reward can be requested with the third Performance Reward withdrawal. (Note: For accounts purchased or reset before January 12, 2026, Stellar 1-Step Passing Reward was payable with the first withdrawal; the old structure applies to those accounts.)

If the account is reset at any point, the Passing Reward reflects the most recent reset fee paid (not the original registration fee).

Reset fees (discounted):

Account	Original Price	Reset Price
Stellar 1-Step $6K (Swap)	$65.99	$59.39
Stellar 1-Step $15K (Swap)	$129.99	$116.99
Stellar 1-Step $25K (Swap)	$219.99	$197.99
Stellar 1-Step $50K (Swap)	$329.99	$296.99
Stellar 1-Step $100K (Swap)	$569.99	$512.99
Stellar 1-Step $200K (Swap)	$1,099.99	$990.99
Stellar 2-Step $6K (Swap)	$59.99	$53.99
Stellar 2-Step $15K (Swap)	$119.99	$107.99
Stellar 2-Step $25K (Swap)	$199.99	$179.99
Stellar 2-Step $50K (Swap)	$299.99	$269.99
Stellar 2-Step $100K (Swap)	$549.99	$494.99
Stellar 2-Step $200K (Swap)	$1,099.99	$989.99
Stellar Lite $5K (Swap)	$32.99	$31.34
Stellar Lite $10K (Swap)	$59.99	$56.99
Stellar Lite $25K (Swap)	$139.99	$132.99
Stellar Lite $50K (Swap)	$229.99	$218.99
Stellar Lite $100K (Swap)	$399.99	$379.99
Stellar Lite $200K (Swap)	$798.99	$719.09

Swap-free reset prices are approximately 10% higher across the board. The $100,000 and $200,000 accounts on cTrader and Match-Trader cannot be reset (exception: U.S. Match-Trader accounts).

Add-On pricing:

Add-On	Fee Increase
Swap-Free	+10%
Lifetime Reward 95% (Stellar 1-Step)	+25%
Lifetime Reward 95% (Stellar 2-Step, Lite)	+30%
No Minimum Trading Days (Stellar 1-Step, 2-Step $6K/$15K/$25K)	+25%
No Minimum Trading Days (Stellar Lite)	+20%
150% Reward (Stellar 1-Step, 2-Step)	+10%
Bi-Weekly Reward (Stellar 2-Step $6K/$15K/$25K)	+25%
Bi-Weekly Reward (Stellar Lite)	+15%
Maximum Loss Limit 10% (Stellar Lite only)	+25%
Double Up (all accounts)	+40%

Reset fees for accounts with Add-Ons are calculated on the total add-on price with a 10% discount.

Hub credits / loyalty credits: The Infinity Points program allows traders to earn points through platform tasks and redeem them for discount coupons on challenge purchases. Coupon codes from Infinity Points redemptions are valid for 30 days. Points cannot be withdrawn as cash.

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Commissions and Spreads

All information about the commission and spread structure can be found here: https://fundednext.com/symbols

Effective from January 12, 2026, an updated commission structure applies to all FundedNext models, including all Stellar Challenges, FundedNext Accounts, and Stellar Instant Accounts.

Stellar 1-Step, Stellar 2-Step, and Stellar Lite (Challenge and FundedNext Account): commission rates

• Forex: Per-lot commission rates vary by symbol. Full rates are available at https://fundednext.com/symbols.
• Crypto: Commission = Lot Size × Contract Size × Open Price × 0.04%. Example: 1 lot on ETH/USD at $2,722.12 = $1.08 commission.
• Commodities / Metals: Commission = Lot Size × Contract Size × Open Price × 0.0016%. Examples: 1 lot XAUUSD at $4,466.22 = $7.14; 1 lot XAGUSD at $78.316 = $6.26; 1 lot XPTUSD at $2,322.64 = $3.71.
• Commissions are applied per trade on a per-lot basis.

Stellar Instant: commission rates

• Forex: $7 per lot (charged at trade opening only; no commission at close).
• Indices: $0 per lot.
• Commodities: 0.0016% per lot applied on the opening price.
• Crypto: 0.04% per lot applied on the opening price.
• Example: Opening 1 lot EURUSD = $7; 0.5 lot = $3.50; 2 lots = $14. Commission structure is the same for all Stellar Instant account sizes and across both MT4 and MT5.

Live spread data can be viewed on the MT4 demo server (Login: 123456, Password: FN2022, Server: FundedNext-Server) or MT5 (Login: 123456, Password: @Fn2022*, Server: FundedNext-Server).

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Payout Policy

FundedNext calls payouts “Performance Rewards” (or “Reward Share”). The challenge registration fee refund is called the “Passing Reward.”

Profit split by program:

For accounts purchased or reset on or after January 12, 2026:

Program	FundedNext Account Reward Share	After Scale-Up
Stellar 1-Step	80%	90% (FundedNext Pro)
Stellar 2-Step	80%	90% (FundedNext Pro)
Stellar Lite	80%	90% (FundedNext Pro)
Stellar Instant Tier 1-2	70%	N/A
Stellar Instant Tier 3+	80%	Capped at 80%

Traders can increase their reward share to 95% with the Lifetime Reward 95% Add-On (Stellar 1-Step, 2-Step, and Lite only).

For accounts purchased before January 12, 2026: Stellar 1-Step FundedNext Accounts retain the previous 90% reward share structure.

15% reward from Challenge: Available to Stellar 1-Step and 2-Step traders (not available to U.S. clients, not available to Stellar Lite or Stellar Instant). Calculated as 15% of the profit target amount from the Challenge phase (e.g., 15% of $10,000 = $1,500 on a $100,000 Stellar 1-Step). For accounts purchased/reset on or after January 12, 2026, this reward is tied to meeting FundedNext Pro (Scale-Up) eligibility criteria. For accounts purchased before January 12, 2026, the reward was payable upon achieving 10% cumulative growth in the FundedNext Account.

Trading cycle and payout timing:

A trading cycle starts when the trader places their first trade (not when the account is activated). The cycle ends at 23:45 server time. All open trades are automatically closed 15 minutes before the cycle end.

Program	First Cycle Duration	Subsequent Cycles
Stellar 1-Step FundedNext Account	5 business days	5 business days
Stellar 2-Step FundedNext Account	21 days (14 days with Bi-Weekly Reward Add-On)	14 days
Stellar Lite FundedNext Account	21 days (14 days with Bi-Weekly Reward Add-On)	14 days
Stellar Instant	On-demand (at 5% growth) or bi-weekly (14 days at 1%+ growth)	Same as first

Performance Rewards must be requested manually at cycle end. They are not processed automatically.

Stellar Instant payout eligibility:

• On-Demand: Traders may request a Performance Reward once the account reaches 5% growth. Eligibility is confirmed at End of Day (EOD). The Transfer to Wallet option remains available until a new trade is placed.
• Bi-Weekly (14-day cycle): If growth is between 1% and 5% at the 14-day mark, the trader may request a reward. Minimum 1% growth is required to request any reward.

Processing time: Performance Rewards are processed within 24 hours of the request being submitted. If FundedNext fails to process within 24 hours, a $1,000 compensation is added to the payout (Brand Promise).

Minimum payout amounts by method:

Payout Method	Minimum Amount	Maximum Amount
USDT (TRC20 or ERC20)	$20	$2,000 (non-OFAC countries); up to $1,000,000 (OFAC countries where RiseWorks unavailable)
USDC (ERC20)	$50	$2,000 (non-OFAC); up to $1,000,000 (OFAC countries)
RiseWorks	$50	No cap specified; subject to RiseWorks platform limits

If a Performance Reward amount is below $20, the request cannot be placed for that cycle. The amount carries forward and is adjusted with the next cycle’s reward.

Available payout methods:

• USDT (ERC20)
• USDT (TRC20)
• USDC (ERC20)
• Confirmo
• RiseWorks (Rise)

Transfer gateway charges are borne by the trader. Payouts require all open positions to be closed and the trading cycle to be complete before requesting.

Geographic restrictions on payout methods: RiseWorks is not available to traders from OFAC-sanctioned countries. These traders may use USDT (ERC20) and USDC (ERC20) only, with higher per-transaction caps.

Local payment methods: Available in select countries including Argentina, Brazil, Colombia, Indonesia, Kenya, Mexico, Nigeria, Peru, and South Africa. Refer to the FundedNext help centre for the specific payment providers in each country.

Traders may retain profits in the account to increase the drawdown buffer rather than withdrawing. For Stellar Instant accounts, withdrawing the full eligible reward may cause the account balance to drop to or below the MLL floor, so partial withdrawals are recommended in certain situations.

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Scaling Plan

Stellar 1-Step, Stellar 2-Step, and Stellar Lite: FundedNext Pro (Scale-Up Program)

Effective January 12, 2026, the scale-up program for Stellar Challenge accounts is branded as FundedNext Pro.

Eligibility criteria (accounts purchased/reset on or after January 12, 2026):

To trigger the first scaling event, traders must meet all of the following:

• Successfully received 4 Performance Rewards from the FundedNext Account.
• Demonstrated a minimum of 4% growth within each qualifying Performance Reward cycle (4 qualifying cycles required; cycles with less than 4% growth do not count toward the total but do not disqualify the trader).
• Maintained an active, disciplined trading presence for a minimum of 2 months.

Eligibility criteria (accounts purchased/reset before January 12, 2026):

Traders must meet all of the following over a 4-consecutive-month period:

• Achieve a minimum cumulative account growth of 10% across those 4 months.
• Receive at least 2 Performance Rewards within those 4 consecutive months.
• End the last trading cycle in profit.

Accounts are reviewed every 4 months. If criteria are not met in a given period, the evaluation window rolls forward by one month.

Benefits upon reaching FundedNext Pro:

• Account size increase: 25% increase in account balance per qualifying cycle (new structure). Under the old structure, the increase was 40% per qualifying 4-month cycle.
• Reward share increase: Increases from 80% to 90% upon first scale-up.
• 15% reward from Challenge: Paid retroactively upon reaching FundedNext Pro eligibility (Stellar 1-Step and 2-Step only; not Stellar Lite or U.S. clients).
• Complimentary account: A free $100,000 Stellar Lite Challenge account is awarded upon reaching FundedNext Pro status.
• Institutional loyalty discount: 12% exclusive discount on all new account purchases.
• Pro Trader designation: Official FundedNext Pro Trader recognition.

Maximum account size: Up to $4,000,000 (simulated capital) through the FundedNext Pro scaling program.

Process: Scale-up is a manual process. Once milestones are met, traders must close all positions and contact support before initiating new trades to finalise the account elevation.

Scale-up and drawdown: After a scale-up, the daily loss limit and maximum loss limit are calculated on the new (larger) balance.

Account merging after scale-up: Scaled-up accounts cannot be merged with unscaled accounts, and multiple scaled-up accounts cannot be merged together.

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Stellar Instant: Tier-Based Scale-Up Plan

Stellar Instant uses a separate tier-based system that scales the account up to 10× the initial balance, and potentially to $2,000,000.

Eligibility criteria per tier:

• Achieve cumulative 10% growth in the current tier, measured as total disbursed withdrawal amount divided by the current tier’s starting balance.
• Complete at least one withdrawal within the current tier.

Scale-up mechanics:

• Upon qualifying, the account balance increases by the initial account balance amount (e.g., a $10,000 account scales to $20,000 at Tier 2, then to $30,000 at Tier 3, and so on).
• Tier 1-2: 70% reward share.
• Tier 3 and above: 80% reward share (capped; no further increases beyond Tier 3).
• Maximum Loss Limit per tier equals the tier’s starting balance and continues to trail upward with profits within that tier.
• Scale-up is not automatic. Traders must ensure all positions are closed and contact support before initiating new trades.

Maximum allocation: Starting capital can grow 10× the initial balance through scaling. After reaching 10×, traders may be eligible to scale further up to $2,000,000.

Certificates: FundedNext offers tier-specific certificates for Stellar Instant traders: Tier 1 (Crown), Tier 2 (Elite), Tier 3 (Prestige), Tier 4 (Prime), Tier 5 (Supreme), Tier 6 (Legend), Tier 7 (Master), Tier 8 (Pro), Tier 9 (Ultimate), Tier 10 (Iconic).

Additional Rules

Refund policy for competition accounts: Competition accounts cannot be reset if breached. The Free Trial account also does not offer a reset option.

Trading cycle end: Traders must close all running trades 15 minutes before their trading cycle ends (at 23:45 server time). Failure to do so results in automatic closure by the system.

Myfxbook integration: Permitted using the investor password or Myfxbook EA. Master password must not be shared with Myfxbook.

TradingView: Supported for charting and market analysis only. Trade execution must be performed on MT4, MT5, Match-Trader, or cTrader. The live TradingView trade execution feature is temporarily paused.

U.S. client restrictions: U.S. clients may only use Match-Trader. MT4, MT5, cTrader, Free Monthly Competition, and Free Trial Accounts (MT5) are not available. The 15% reward from Challenge is not available to U.S. clients. U.S. clients using Match-Trader have no restrictions on account balance ($100k and $200k accounts available) and no restrictions on resets. U.S. clients must submit a W-9 form before receiving performance rewards. A 1099-NEC form is issued by FundedNext annually for U.S. traders whose earnings meet the reporting threshold. FundedNext does not provide tax filing assistance.

Tax compliance (U.S. traders): FundedNext collects W-9 information from U.S. traders. Failure to submit a valid W-9 after receiving performance rewards may result in payout restrictions. Non-U.S. traders do not receive tax forms from FundedNext.

Strategy consistency requirement: The same strategy used during the Challenge must continue into the FundedNext Account. Switching from manual to EA trading (or vice versa), or switching to entirely different asset classes with significantly different margin utilisation, is prohibited and may result in reward denial and account review.

Stellar Instant: no consistency strategy requirement. No requirement to maintain a consistent strategy exists for Stellar Instant accounts.

Device and network policy: All trading must be conducted on personal devices exclusively owned by the trader. Using a device belonging to or shared with another trader is prohibited (including family members or colleagues). Traders may connect from any network (home Wi-Fi, mobile data, or public internet) provided the IP address does not originate from a restricted country. VPN use is permitted but must not use IPs from restricted countries. For the Free Monthly Competition, each participant may only register one account using a single email address and IP address.

Two-step verification (2FA): Available and recommended for account security. Standard authenticator app setup. Issues with 2FA codes (expired codes, wrong device) can be resolved by removing and re-adding the FundedNext entry in the authenticator app.

Infinity Points program: Traders earn points through platform tasks and can redeem them for discount coupons on challenge purchases. Coupons are valid for 30 days. Points cannot be withdrawn as cash.

Refer & Earn program: Open to existing FundedNext traders. Referral codes can be used by friends and contacts to receive a discount on new challenge purchases. The referring trader earns a commission. Minimum threshold to withdraw Refer & Earn commission is $150. Commissions are not awarded on accounts that are refunded or disputed. Self-referral is prohibited. The Refer & Earn program is separate from the FundedNext Partners affiliate program.

FundedNext Affluence: A programme offered by FundedNext. Contact FundedNext support for eligibility and programme details.