FundedNext Challenge

FundedNext offers a range of trading challenges designed to provide traders with the opportunity to access funded trading accounts. Here outlines the various challenges available, their rules, and the benefits they offer to traders.

Overview of FundedNext Challenges

FundedNext provides three main types of challenges:

Evaluation (2 phases)
Express (Consistency and Non-Consistency)
Stellar Challenge

Each challenge has its own unique features and advantages, catering to traders of different experience levels and trading styles.

Comparison of Challenges

Feature	Evaluation	Express Consistency	Express Non-Consistency	Stellar Challenge
Phases	2	1	1	1 or 2
Profit Target	P1: 10%, P2: 5%	25%	25%	Varies
Max Daily Loss	5%	5%	5%	5%
Max Overall Loss	10%	10%	10%	10%
Drawdown Type	Balance Based	Balance Based	Balance Based	Balance Based
Time Limit	P1: 4 weeks, P2: 8 weeks	No limit	No limit	No limit
Min Trading Days	5	10	10	2-5
Profit Split	Up to 95%	Up to 95%	Up to 95%	Up to 95%
Trading Leverage	1:100	1:100	1:100	1:100

Challenge Details

1. Evaluation Challenge

The Evaluation Challenge consists of two phases:

Phase 1:

Profit Target: 10%
Maximum Duration: 4 weeks
Minimum Trading Days: 5

Phase 2:

Profit Target: 5%
Maximum Duration: 8 weeks
Minimum Trading Days: 5

2. Express Challenge

The Express Challenge comes in two variants: Consistency and Non-Consistency.

Common features:

Profit Target: 25%
No time limit
Minimum Trading Days: 10

The main difference lies in the frequency of rewards and withdrawals.

3. Stellar Challenge

The Stellar Challenge is our most flexible option:

No time limit
Balance-based drawdown
Rapid account acquisition (2 days for Stellar 1-Step, 5 days for Stellar 2-Step)
Profit split up to 95%

Challenge Rules and Requirements

Achieve the specified profit target
Trade for the minimum required number of days
Adhere to maximum daily and overall loss limits
Maintain a balance-based drawdown
Follow all specific rules for the chosen challenge

Benefits of FundedNext Challenges

Flexibility: Choose the challenge that best suits your trading style
High profit split: Keep up to 95% of your profits
No time pressure: Most challenges have no time limit
Balance-based drawdown: Manage your trades with more confidence
News trading allowed: Take advantage of economic announcements
Weekend holding: Keep positions open over weekends if needed
Expert Advisors and Trade Copier usage: Automate your trading if desired

How to Participate in FundedNext Challenges

Select the challenge that aligns with your experience and goals
Sign up on our platform
Pay the registration fee for the chosen challenge
Start trading while adhering to the challenge rules
Upon successful completion, gain access to a funded trading account

Post-Challenge Process

After successfully completing a challenge, the following steps occur:

1. Automatic profit check at the end of the trading day
2. If all rules are met and profit target achieved, a pop-up message appears on the dashboard
3. Access granted to the verification center for KYC process
4. Complete the KYC verification
5. Receive the FundedNext Account within 24-48 hours after verification

Trading Instruments and Platforms

FundedNext offers access to a wide range of trading instruments:

Forex pairs
Indices
Commodities
Cryptocurrencies (on select accounts)

Trading platforms available:

MetaTrader 4
MetaTrader 5
cTrader

Risk Management and Trading Rules

Adhere to maximum daily loss limits
Maintain overall loss within specified limits
Trade for the minimum required number of days
Avoid prohibited trading practices (e.g., hedging on the same account)
Maintain proper risk-reward ratios

Rewards and Scaling Opportunities

Initial Reward: Upon successful challenge completion, receive your first funded account
Subsequent Rewards: Continue performing well to increase your account size
Profit Split: Enjoy a profit split of up to 95%

Support and Resources

To help you succeed in our challenges, we provide:

Advanced trading platform
Educational resources
Economic calendar
Responsive customer support

User Reviews

Here are some testimonials from traders who have participated in our challenges:

John D., Experienced Trader:
“The Stellar Challenge from FundedNext allowed me to trade without time pressure. I particularly appreciate the balance-based drawdown, which offers more flexibility in my risk management.”
Sarah M., Novice Trader:
“I started with the Evaluation Challenge. The two phases allowed me to progress at my own pace and learn to manage an account responsibly. FundedNext’s support was very helpful throughout the process.”
Mike L., Part-Time Trader: “The Express Non-Consistency challenge is perfect for my busy schedule. No time limit and the ability to use Expert Advisors allow me to trade effectively despite my constraints.”

Emerging Issues

While we strive to provide the best possible experience, some traders have reported issues. Here are some common concerns and our solutions:

Platform Stability
Issue: Occasional platform disconnections
Solution: We continuously upgrade our server infrastructure and recommend using a stable internet connection. In case of persistent issues, contact our technical support.
Withdrawal Processing Time
Issue: Delays in withdrawal processing
Solution: We’ve streamlined our withdrawal process. Most withdrawals are now processed within 24-48 hours. For faster processing, ensure all your documents are up to date.
Rule Clarification
Issue: Confusion about specific trading rules
Solution: We’ve updated our FAQ section with detailed rule explanations. For any specific queries, our support team is available 24/5 to provide clarification.

FAQ: Frequently Asked Questions

What happens if I don't succeed in the challenge on my first attempt?

If you don’t succeed in the challenge, you can retry. We offer discounts on resets to allow you to try again at a lower cost. Analyze your mistakes, adjust your strategy, and give it another shot.

How does the profit split work?

Once you’ve passed the challenge and obtained a funded account, you can keep up to 95% of the profits you generate. The exact percentage depends on the account type and your ongoing performance. Withdrawals are typically made on a monthly or bi-weekly basis, depending on the account type.

Can I use multiple trading strategies in one challenge?

Yes, you can use multiple trading strategies within a single challenge. We encourage traders to diversify their approaches to maximize their chances of success. However, ensure that you adhere to all challenge rules regardless of the strategy used. This includes respecting loss limits, profit targets, and minimum trading days.