Fundednext

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4.6/5

CEO/Founders

Abdullah Jayed

Broker

Fundednext Ltd

Date Created

Mar 2022

Years in Operation

3

Platforms

cTrader MatchTrader MT4 MT5

Payment Methods

Apple Pay Astropay Credit or Debit Card Crypto Google Pay PayPal Perfect Money skrill

Payout Methods

Crypto Riseworks TC Pay
  • Truth Score
  • Offers
  • Consistency
  • News Rules
  • Announcements

Truth Score

9.0
TRUTH SCORE
ℹ️
Trust & Safety 8.8/10
Weight: 35%
Rules & Hidden Traps 9.7/10
Weight: 25%
Payout Experience 9.0/10
Weight: 20%
Trading Conditions 8.0/10
Weight: 15%
Value 9.5/10
Weight: 5%

Offers and Discounts

Funded Next Discount Buy One Get One

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Consistency Rules

1. Forex Accounts

Account TypeMin. Profitable DaysProfit Requirement Per DayConsistency Rule
1, 2, & 3 Step3 DaysMust be $\ge$ 0.5% of balanceNone
Instant7 DaysMust be $\ge$ 0.5% of balance15%

2. Crypto Accounts

Account TypeMin. Profitable DaysProfit Requirement Per DayConsistency Rule
One Step6 Days$\ge$ 0.5% of balanceNone
One Step Pro4 Days$\ge$ 0.5% of balanceNone
Instant7 Days$\ge$ 0.5% of balance15%

3. Futures Accounts

Account TypeMin. Profitable DaysProfit Requirement Per DayConsistency Rule
One Step0 DaysNone40%
Instant7 Days$\ge$ 0.5% of balance15%

News Rules

1. Forex & Standard CFDs

Applies to: Major/Minor Currency Pairs (EURUSD, GBPJPY, etc.)

PhaseNews Trading StatusRule Details
EvaluationAllowedYou can trade freely during all news events (CPI, NFP, FOMC, etc.).
Funded (Standard)RestrictedYou cannot open new trades 5 minutes before or 5 minutes after high-impact news.*
Funded (PRO)AllowedIf you purchased the PRO (Swing) account type, there are no news restrictions.
HoldingAllowedYou may hold existing trades through the news. You just cannot execute new orders in the window.

2. Futures (Indices & Commodities)

Applies to: US30, NAS100, GER40, Gold, Oil, etc. (Note: These are traded as CFDs on For Traders)

PhaseNews Trading StatusRule Details
EvaluationAllowedYou can trade freely during news events.
Funded (Standard)RestrictedYou cannot open new trades 5 minutes before or 5 minutes after high-impact news affecting the specific currency of the asset (e.g., USD news for US30/Gold).
Funded (PRO)AllowedNo restrictions if you are on a PRO/Swing account.
HoldingAllowedYou may keep positions open during the volatility.

3. Crypto Accounts

Applies to: BTCUSD, ETHUSD, LTCUSD, etc.

PhaseNews Trading StatusRule Details
EvaluationAllowedYou can trade freely during all news events.
Funded (Standard)RestrictedEven though Crypto trades 24/7, you cannot open trades 5 minutes before/after major USD news events (like NFP or CPI) because they are quoted against the Dollar.
Funded (PRO)AllowedNo restrictions.
Weekend TradingAllowedCrypto can be traded over the weekend (unlike Forex/Futures), and there are typically no restricted news events on weekends.

Comparison Of All Challenges

FundedNext Stellar Instant vs Stellar Lite vs Stellar One Step vs Stellar Two Step

 
 
Product Info
Fundednext

FundedNext Stellar Instant Challenge

Fundednext

FundedNext Stellar Lite Challenge

Fundednext

FundedNext Stellar One Step Challenge

Fundednext

FundedNext Stellar Two Step Challenge

Consistency NO NO NO NO
Crypto Leverage 1:1 1:1 1:1 1:1
Fee Refund No Yes Yes Yes
FX Leverage 1:30 1:100 1:100 1:100
Indices Leverage 1:5 1:15 1:15 1:15
Leverage 1:100 1:100 1:100 1:100
Maximum Daily Loss None 4% 3% 5%
Maximum Loss 6% Trailing 8%+8% 6% 10%+10%
Metals Leverage 1:7.5 1:15 1:15 1:15
Minimum Trading Days NA 5 Days 2 Days 5 Days
News Trading Allowed Allowed Allowed Allowed
Profit Split 80% 95% 95% 95%
Profit Traget 8% + 4% 8% + 4% 10% 8%+5%
Rewards On Demand 21 Days 5 Days 21 Days

Gourang Parekh

Gourang Parekh

Years of experience in trading and been trading prop firms since they launched. Tried many brokers and prop firms and tested a lot of tools. Spent a lot of time recently in crypto and CFD trading. I have Failed many prop firm challenges before i passed any.

I am also a certified financial planner and have a lot of experience in the credit industry. Edited pine scripts for Trading view as a hobby.

Expertise:

Prop Firms
Forex Brokers
Crypto Platforms

Prop Firm Trader

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