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FundedNext in India

FundedNext is a prop trading firm established in 2022, offering traders the opportunity to access significant capital for trading financial markets. Our headquarters are located in the United Arab Emirates, and we serve traders from over 195 countries worldwide, including a growing number of traders from India.

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Account Types and Challenges

FundedNext provides multiple account options and evaluation models to suit different trading styles and experience levels:
  1. Stellar Two-Step Challenge
  2. Stellar One-Step Challenge
  3. Evaluation Model
  4. Consistency Express Model
  5. Non-Consistency Express Model
Each model has specific requirements and profit targets:
Model Profit Target Max Daily Loss Max Overall Loss Min Trading Days
Stellar Two-Step 8% (Phase 1), 5% (Phase 2) 5% 10% 5
Stellar One-Step 10% 3% 6% 5
Evaluation 10% (Phase 1), 5% (Phase 2) 5% 10% 5
Consistency Express 25% 5% 10% 10
Non-Consistency Express 25% 5% 10% 10
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Account Sizes and Profit Splits

FundedNext offers account sizes ranging from $6,000 to $200,000. Traders can combine multiple accounts for a maximum balance of $300,000.

Profit splits are progressive:

  • First payout: 60%
  • Second payout: 75%
  • Third payout onwards: 90%

Additionally, traders receive a 15% profit share during the evaluation phase, a unique feature in the industry.

Unique Features

FundedNext benefits
  • 15% profit share during evaluation phase
  • Refundable evaluation fee
  • Ability to combine multiple accounts up to $300,000
  • Average withdrawal time of 5 hours
  • Cryptocurrency deposits supported
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Trading Platforms and Instruments

Traders can use MetaTrader 4 and MetaTrader 5 platforms. Available instruments include:

  • 51 currency pairs (including exotic and emerging markets)
  • 5 commodities
  • 13 indices
  • Swap-free accounts available

Trading Conditions

  • Maximum leverage: 1:100 (1:30 for some account types)
  • Algorithmic and copy trading allowed
  • News trading permitted
  • Weekend positions allowed
  • No time limits for most models
FundedNext benefits

Evaluation Process

  1. Select preferred funding model
  2. Pay one-time evaluation fee
  3. Complete evaluation phase adhering to trading rules
  4. Upon successful completion, gain access to funded account
  5. Trade funded account following established rules

Fees and Commissions

Trading commissions:

  • Forex: $3 per lot
  • Commodities: $3 per lot
  • Indices: $0 per lot

Evaluation fees:

  • Minimum: $49 (refundable upon successful completion)
  • Maximum: $1,099
FundedNext Commissions

Payment Methods

FundedNext accepts various payment methods:

  • Bank transfers
  • Credit/debit cards
  • Cryptocurrencies (Bitcoin, Ethereum, Litecoin, Dogecoin, Solana, USDC, USDT)
  • Perfect Money

Scaling Plan

FundedNext offers a scaling plan for consistent performance:

  • 40% account size increase possible
  • Requirements: Profitable in 2 out of 4 preceding months
  • Options: 10% average monthly return over 3 months or 2.5% monthly return over 4 months

Example scaling:

  • $100,000 account grows to $140,000 after 4 months
  • $140,000 account increases to $180,000 after next 4 months
  • $180,000 account expands to $220,000 over following 4 months

Maximum account size through scaling: $4,000,000

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Educational Resources

FundedNext provides a comprehensive blog with educational content in five main categories:

  1. Market Analysis: Educational market recap articles
  2. Important Announcements: Latest company news and updates
  3. Forex Trading Guide: Educational trading guides
  4. Traders’ Tales: Educational stories from global traders
  5. Trade Updates: Latest trade and holiday updates

Customer Support

FundedNext offers 24/7 customer support through various channels:

Supported languages include English, Dutch, Spanish, Portuguese, German, Thai, Malaysian, Hindi, Polish, Italian, Arabic, and French.

Account Registration Process

  1. Complete registration form with personal information
  2. Access trading dashboard
  3. Select desired account size, type, trading platform, and swap option
  4. Apply discount code if available
  5. Choose payment method
  6. Receive login credentials via email
FundedNext registration
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Brand Promise

FundedNext commits to:

  1. Guaranteed Payouts: Traders receive earnings upon meeting set targets
  2. Timely Processing: Payout requests processed within 24 hours
  3. $1000 Compensation Promise: In rare cases of delayed disbursements beyond 24 hours, FundedNext adds $1000 to the payout

Restricted Countries

Residents of the following countries are currently unable to access FundedNext’s trading platform:

  • Bangladesh
  • North Korea
  • Syria
  • United States (including US persons resident outside the United States)

User Opinions

FundedNext in numbers
  1. “FundedNext has transformed my trading experience. The 15% profit share during the evaluation phase is a game-changer. It motivates me to perform well right from the start. Their customer support is also top-notch, always ready to assist with any queries.” – Sarah T., Experienced Trader

  2. “As a new prop trader, I found FundedNext’s rules clear and fair. The absence of time limits on most challenges allows me to trade without unnecessary pressure. The refundable evaluation fee is a great incentive too. I’ve successfully scaled my account twice now.” – Michael R., Emerging Trader

  3. “What sets FundedNext apart is their transparency and innovative features. The ability to combine multiple accounts up to $300,000 gives experienced traders like me the flexibility we need. Their scaling plan is well-structured and achievable. Highly recommend!” – David L., Professional Trader

Emerging Issues

  1. Delay in Payouts
    Some users have reported delays in receiving payouts beyond the promised 24-hour timeframe.
    FundedNext Response: We take our 24-hour payout promise seriously. In rare cases of delays, we activate our $1,000 compensation, adding an additional $1,000 to the trader’s payout. We’re constantly working to improve our payout process to ensure timely disbursements.

  2. Platform Stability
    A few traders have experienced platform disconnections during high-volatility market events.
    FundedNext Response: We’re continuously upgrading our server infrastructure to handle peak trading times. We recommend traders use stable internet connections and keep their trading platforms updated to the latest versions.

  3. Confusion over Trading Rules
    Some new users have expressed difficulty understanding all the trading rules, especially regarding the different challenge models.
    FundedNext Response: We’re enhancing our educational resources to provide clearer explanations of our trading rules. We encourage traders to thoroughly review our FAQ section and reach out to our 24/7 customer support for any clarifications.

FAQ: Frequently Asked Questions

FundedNext uses its own GrowthNext and Incenteco servers instead of standard broker brands. This ensures faster executions, competitive spreads, and low commissions. We also allow various trading styles, including algorithmic and news trading, to accommodate different strategies.

Violating trading rules typically results in disqualification. However, for funded accounts, FundedNext will still honor a certain percentage of the payout based on the severity of the violation. Traders can restart challenges with a 10% discount on the evaluation fee.

Currently, FundedNext does not offer cryptocurrency trading. We focus on forex, indices, and commodities. However, we continually evaluate market trends and may consider adding cryptocurrencies in the future based on trader demand and regulatory considerations.

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