Founded
2022 Dubai, UAE
A fast-paying, transparent prop firm that shares profit even during the evaluation.
Status: Active. Active and one of the largest firms by payout volume; relaunched to US clients in March 2026 (free trials and competitions still restricted in the US). Gold leverage was reduced in Oct 2024 and Jan 2026.
FundedNext is a large, fast-paying firm with strong transparency signals — monthly transaction-level payout reports, over US$300M paid, and a rare 15% profit share during the evaluation. It remains an unregulated, relatively young (2022) firm whose risk rules — especially gold leverage — tighten periodically.
The score, by criterion
FundedNext runs a simulated evaluation across 1-step, 2-step (Stellar) and instant models on account sizes from US$6,000 to US$200,000. Unusually, it pays you 15% of any profit made during the evaluation, and the one-time fee is refunded with your first funded payout. Passing traders keep up to 95% of profit and can scale to US$4M.
FundedNext's rules are trader-friendly and clearly published — a static, balance-based drawdown (not trailing), no time limit, and news and EAs allowed. Exact targets and leverage vary by model and have been tightened on gold, so confirm the current numbers for your account on fundednext.com.
| Rule | Detail |
|---|---|
| Profit target | 8% + 5% (2-step); 10% (1-step) |
| Max daily loss | 5% (2-step) / 3% (1-step) |
| Max overall drawdown | 10% (2-step) / 6% (1-step) — static / balance-based |
| Minimum trading days | 5 per phase |
| Consistency rule | No single day > 50% of total profit before first payout |
| Time limit | None |
| News & EAs | News allowed; EAs allowed (not in free competitions); weekend holding allowed |
Payouts are a core strength — a published record of over US$300 million paid to 120,000+ traders, first payouts from around seven days, and processing typically within 5–24 hours. FundedNext now publishes monthly transaction-level payout reports, a transparency step few rivals match.
A strong fit for traders who want fast payouts, an evaluation profit share and a high scaling ceiling. Those who need a long, decade-plus track record, a regulated broker parent, or generous gold leverage may weigh those trade-offs.
FundedNext is not authorised by a financial regulator — its evaluations sell access to simulated accounts, so protections are contractual rather than regulatory. A regulated in-house broker has been announced but not confirmed live. Treat challenge fees as at risk, and note that most participants do not pass.
A proprietary trading firm evaluation is a paid product, not employment or guaranteed income — most participants do not pass, and challenge fees are at risk. Prop firms are generally unregulated and can change rules or cease operating at short notice; details were verified as of August 2026 and may change. This is independent editorial analysis, not financial advice or a recommendation to trade.