FundedNext – Firm Review

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  • Rapid payouts
  • Client Centric approach
  • Great features
  • Evaluation and verification periods that cater to your needs
  • Great Customer Service
6.3Expert Score
FundedNext

FundedNext is an international proprietary trading firm founded in 2022 and headquartered in the UAE. It offers four challenge types — Stellar 1-Step, Stellar 2-Step, Stellar Lite, and Stellar Instant — with accounts from $5,000 to $200,000 and scaling potential up to $4 million. Profit splits reach up to 95%, and traders earn 15% of challenge-phase profits on 1-Step and 2-Step accounts. The older Evaluation and Express models are discontinued for new clients as of March 2025. Backed by in-house broker FNmarkets.

OVERALL SCORE
6.3
PROS
  • Profit split up to 95% — one of the highest in the industry
  • 15% performance reward earned during the challenge phase (1-Step and 2-Step)
  • Four challenge types to suit all experience levels
  • Scale up to $4 million — 40% balance increase every 4 months
  • No consistency rule on any account type
  • No time limits on Stellar challenges
  • Swap-free (Islamic) accounts available
  • Platforms: MT4, MT5, cTrader, TradeLocker
  • Available in 195+ countries including US traders
CONS
  • Challenge fees not refunded on failure
  • Complex add-on pricing system — fees vary significantly
  • Scale-up criteria changed January 12, 2026 — check which ruleset applies to your account
  • News trading profits reduced by 40% for trades within 5 minutes of high-impact events
  • Benchmark Days required before withdrawal — must complete 5 qualifying profit days
  • Older Evaluation and Express models discontinued — no new purchases

Firm Overview

FundedNext was founded in 2022 and is headquartered in the UAE as part of NEXT Ventures, led by CEO Abdullah Jayed. The firm has grown rapidly and is available in over 195 countries, including US traders. It previously partnered with Eightcap for trade execution but has since moved to its own in-house broker, FNmarkets, giving it more control over spreads, execution, and commissions. FundedNext replaced its older Evaluation and Express models in March 2025 with the Stellar lineup. The four current challenge types — Stellar 1-Step, Stellar 2-Step, Stellar Lite, and Stellar Instant — offer different paths to funding depending on a trader’s budget, experience, and preferred risk structure. FundedNext is notable for paying traders 15% of profits earned during the challenge phase itself (not just after funding) on 1-Step and 2-Step accounts. Trustpilot: 4.5/5 from 57,000+ reviews.

Challenge Types

Program Steps Profit Target Daily DD Max DD Min Trading Days Profit Split
Stellar 1-Step 1 10% 3% 6% (trailing) 2 days Up to 95%
Stellar 2-Step 2 8% / 5% 5% 10% (static) 5 days each Up to 95%
Stellar Lite 2 8% / 4% 4% 8% (static) 5 days each Up to 95%
Stellar Instant None None None 6% (trailing) None Up to 80%

Key Features

  • 15% Challenge Phase Reward: On 1-Step and 2-Step accounts, traders receive 15% of profits earned during the challenge as a bonus on their first funded payout.
  • No consistency rule: No restrictions on daily profit distribution — trade freely.
  • Benchmark Days: To unlock withdrawals, traders must complete 5 qualifying “benchmark days” where minimum profit thresholds are met. Payouts can then be requested every 5 days.
  • News trading: Allowed on all Stellar accounts. Trades within 5 minutes before/after high-impact news are subject to a 40% reduction in profit share for those specific trades.
  • Islamic accounts: Swap-free accounts available — halal-compliant option for Muslim traders.
  • Inactivity rule: Account is marked failed/expired if no login or trade is placed for 35 consecutive days.

Scaling Plan

  • Scale-up reviewed every 4 months
  • Requirements: 10% accumulated growth over 4 consecutive months + at least 2 performance rewards in that period + profitable last cycle
  • Balance increase: 40% per qualifying review
  • Maximum allocation: $4,000,000
  • Important: Scale-up criteria changed January 12, 2026. Traders who purchased / reset before that date follow old criteria; those after follow new criteria. Check which applies to your account.

Optional Add-Ons

  • 95% Profit Share for Life: Upgrades profit split permanently. Costs +25% of challenge fee (1-Step) or +30% (Lite/2-Step).
  • Remove Min Trading Days: Removes 5-day requirement from 1-Step, 2-Step, and Lite accounts. Costs +20–25%.
  • Fee Refund Bonus: On pass, receive 150% of subscription fee back as bonus during first payout. Available for 1-Step and 2-Step. Costs +10%.
  • Faster Payouts: Change from 21-day to 14-day payout cycle for Lite and 2-Step. Costs +15–25%.

Company Information

  • Founded: 2022
  • HQ: United Arab Emirates
  • CEO: Abdullah Jayed (founder, Next Ventures)
  • In-house broker: FNmarkets
  • Trustpilot: 4.5/5 from 57,000+ reviews (Feb 2026)
  • Available: 195+ countries including the US
  • Platforms: MT4, MT5, cTrader, TradeLocker
  • Markets: Forex, indices, metals, commodities, crypto (10 pairs)
  • Leverage: Up to 1:100
  • Spreads: From 0.0 pips (ECN-style) with raw spreads
  • Islamic accounts: Available (swap-free, halal-compliant)

Why Choose FundedNext?

FundedNext stands out for its high profit splits (up to 95%), its unique challenge-phase reward (15% of profits earned before you’re even funded), and its massive scaling potential to $4 million. The no-consistency-rule approach and broad platform choice make it flexible for most trading styles. The main complexity is its add-on pricing system and the January 2026 scale-up rule change — traders should verify which criteria apply to their specific account before committing.

Frequently Asked Questions

Is FundedNext halal?

Yes. FundedNext offers swap-free Islamic accounts across its Stellar challenge lineup. These accounts do not incur interest on overnight positions, making them halal-compliant for Muslim traders. There is an additional fee of approximately 10% on top of standard challenge pricing for the swap-free option.

Are Evaluation and Express accounts still available?

No. As of March 18, 2025, FundedNext no longer sells Evaluation or Express models to new clients. Existing holders of those account types can still access scaling. All new challenges use the Stellar lineup (1-Step, 2-Step, Lite, Instant).

What are Benchmark Days?

A Benchmark Day is a day where a minimum closed profit threshold is reached. Traders must complete 5 Benchmark Days to unlock their first withdrawal. After that, payouts can be requested every 5 days. Profits from non-benchmark days still count toward total payouts but cannot unlock withdrawals on their own.

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