Funded Next Prop Firm Review – What You Need to Know in 2025
FundedNext, founded in March 2022 and headquartered in Ajman, UAE, is a proprietary trading firm led by CEO Abdullah Jayed. Offering virtual funded accounts from $5,000 to $300,000, scalable to $4 million, it provides up to 95% profit splits and supports forex, indices, commodities, and cryptocurrencies. With over 97,000 traders across 195+ countries and $95 million in payouts, FundedNext is a notable player.
Funded Next Best suited for:
- Beginners: Low entry fees and 15% profit share during challenges.
- Intermediate traders: Flexible evaluations and community support.
- Experienced traders: High profit splits and scaling opportunities.
- Scalpers and day traders: High leverage and news trading allowed..
Pros & Cons of Funded Next
Pros
High Profit Splits: Up to 95% with add-ons, 15% during challenge phase.- Low Entry Fees: Challenges start at $32 for a $5,000 account.
- No Time Limits: Unlimited trading days for most evaluations.
- Diverse Assets: 83 markets, including forex, crypto, indices, and commodities.
- Multiple Platforms: MetaTrader 4, MetaTrader 5, cTrader, Match-Trader.
- Fast Payouts: Average 5 hours, with $1,000 compensation if delayed beyond 24 hours.
Cons
Weekend trading not available on most accounts:- Payout timelines may vary based on verification speed:
How Does Funded Next Work? (Step-by-Step Guide)
- Choose an account size & challenge type: Stellar 1-Step, Stellar 2-Step, Stellar Lite, or Evaluation ($5,000-$300,000).
- Pass the evaluation: 15% profit target for 1-step
- 8% then 5% for 2-step.
- Get funded: Trade a demo account with real profit potential.
- Profit splits & payouts: 60%-95% split, paid bi-weekly or within 24 hours.
Funded Next Account Types & Funding Options
- Account sizes: $5,000 to $300,000, scalable to $4 million. Funding models: o Stellar 1-Step: 15% profit target, 3% daily loss limit. o Stellar 2-Step: 8% then 5% profit targets, 5% daily loss limit. o Stellar Lite: Lower targets, higher commissions. o Evaluation: Structured two-phase model. Profit splits: 60%-95%, with 15% from challenge phase. Challenge fees: $32-$1,099, refundable for approved traders.
Profit Targets & Payouts
- Profit targets: 15% for 1-step
- 8% then 5% for 2-step
- lower for Lite.
- Payouts: Via bank transfer, crypto (USDT, USDC), Perfect Money, or Wise.
- Payout frequency: Bi-weekly, first payout after initial profitable trade
- 24-hour guarantee.
- Maximum drawdown: 6%-10% overall.
- Daily drawdown limit: 3%-5% of starting balance.
- Comparison: FundedNext’s 3%-5% daily drawdown is stricter than The 5%ers (5%) but aligns with FTMO (5%).
Leverage & Trading Conditions
- Leverage: Up to 1:100 for forex, 1:40 for commodities, 1:20 for indices, 1:2 for crypto.
- Lot size restrictions: None, but must adhere to risk rules.
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Scalping: Short-term trades on small price movements.
- Day Trading: Opening and closing positions within a day.
- News Trading: Permitted, except in Express model.
- Overnight/Weekend Trading: Allowed, except for weekends in some plans.
- Expert Advisors (EAs): Supported, but manual trading required during competitions.
Restricted Trading Strategies
- Arbitrage Trading: Exploiting price discrepancies.
- High-Frequency Trading (HFT): Ultra-fast trades measured in seconds.
- Quick Strike Method: Rapid
- high-volume trades for brief price movements.
- Copy Trading Across Accounts: Coordinating trades between accounts.
How Long Does It Take to Get Funded by Funded Next?
- Challenge duration: Minimum 2 trading days for 1-step, 5 for 2-step
- no maximum.
- Evaluation speed: Funding within 24 hours of passing, often minutes for instant models.
- User experiences: Fast account access praised.
How Long Has Funded Next Been Around?
FundedNext has been operating since March 2022, with over $95 million paid to 97,000+ traders. Its rapid growth and partnerships with Eightcap and Meta enhance credibility.
Who Owns Funded Next? (Founder & Company Background)
Founder(s): Abdullah Jayed, a digital trading entrepreneur. Company headquarters: Ajman, UAE, with offices in the USA, UK, and Bangladesh. Mission & vision: Empower traders with capital, advanced tools, and a supportive community for global success. Regulatory status: Unregulated, partners with ASIC-regulated broker Eightcap for execution.
What Can You Trade with Funded Next? (Supported Markets & Assets)
Markets offered: Forex (50 pairs), indices (18), commodities (5), cryptocurrencies (10). Forex pairs: Major, minor, exotic (e.g., EUR/USD, GBP/JPY, USD/ZAR). Indices & commodities: S&P 500, NASDAQ, gold, oil, silver. Crypto trading: Bitcoin, Ethereum, Litecoin, Dash, and more. Restrictions: No HFT, quick strike, or arbitrage, Express model bans news trading.
Does Funded Next Offer Education & Trader Support? (Learning Resources & Coaching)
News calendar, blog with market analysis, risk calculator, and trading guides. Trader development: Performance Protect feature and account manager support. Coaching programs: Limited, relies on community and account managers. Community & networking: Vibrant Discord with 24,000+ members, plus social media.
How Good is Funded Next’s Customer Support? (Response Time & Availability)
Support channels: Live chat, email, Discord, with 24/7 availability. Response times: 50-second average, praised for speed. Operating hours: 24/7 support. Trader feedback: Positive for quick responses, negative for unhelpful resolutions on issues.
Is Funded Next a Scam or a Legit Prop Firm?
FundedNext is a legitimate prop firm, verified by UAE registration, a 4.6/5 Trustpilot rating from 32,000+ reviews, and $95 million in payouts. Partnerships with Eightcap and Meta add credibility. However, concerns include platform issues like slippage, suggesting research required into what suits you before purchasing.
Alternatives to Funded Next – How It Compares
- FTMO: Higher trust score (4.9/5), 90% split, but stricter rules and no challenge-phase profits. The 5%ers: Up to 100% split, no crypto, excludes US traders. Apex Trader Funding: Futures-focused, 90% split, less platform variety.
Final Verdict – Should You Trade with Funded Next?
FundedNext is ideal for traders seeking high profit splits, low fees, and flexible evaluations with crypto trading. Its 15% challenge-phase profit share, fast payouts, and scaling to $4 million are strong draws. However, platform issues, strict risk rules, and lack of regulation raise concerns. Research thoroughly before joining in 2025.
