Scaling Plan Overview
The FundedNext Scaling Plan is designed to incentivize traders who consistently demonstrate profitability over a four-month period. By meeting specific criteria, traders can qualify for a substantial increase in their account balance, up to a maximum of $4 million. This scaled-up account size not only boosts earning potential but also provides enhanced trading flexibility and risk management capabilities.
Eligibility Criteria
To be eligible for the Scaling Plan, traders must meet the following requirements within a FundedNext account over a four-month period:
- Achieve a minimum accumulated account growth of 10%
- Receive at least two payouts during the consecutive four months
- Ensure the last trading cycle ends in profit
FundedNext evaluates traders’ accounts every four months, and those who meet the criteria are eligible for scaling up their account balance by 40%.
The Scaling Process
FundedNext’s scaling process is straightforward and transparent. Here’s how it works:
- Account Evaluation: Every four months, FundedNext reviews traders’ accounts to determine eligibility for scaling.
- Balance Increase: Qualifying traders receive a 40% increase in their account balance, up to a maximum of $4 million.
- Limit Adjustments: Daily and overall loss limits are adjusted proportionately to the new account balance.
- New Profit Target: The profit target for the next four-month period is set at 10% growth on the scaled-up account balance.
Example:
Parameter | Value |
Initial Account Balance | $100,000 |
Scaled-Up Account Balance | $140,000 (40% increase) |
New Daily Loss Limit | $7,000 (5% of $140,000) |
New Overall Loss Limit | $14,000 (10% of $140,000) |
New Profit Target | $14,000 (10% of $140,000) |
Additional Benefits
- Increased Earning Potential: With a larger account balance, traders can potentially generate higher profits, amplifying their earning potential.
- Portfolio Diversification: A scaled-up account allows traders to diversify their portfolio and explore new trading opportunities, reducing overall risk.
- Enhanced Risk Management: A higher account balance enables traders to implement more robust risk management strategies, ensuring sustainable growth and longevity in their trading careers.
- Trader Community: FundedNext fosters an active trader community, providing a platform for knowledge sharing, strategy discussions, and networking opportunities.
User Opinions
“The FundedNext Scaling Plan has been a game-changer for me. Consistently meeting the criteria and seeing my account balance grow has not only boosted my confidence but also my potential earnings. It’s an excellent incentive for disciplined traders.” – John D., Trader from the U.S.
“I appreciate the transparency and simplicity of the scaling process. FundedNext clearly outlines the requirements, and once you meet them, the scaling is automatic. It’s a fair system that rewards consistent performance.” – Sarah L., Trader from Canada.
“The Scaling Plan has enabled me to take on more substantial trading positions while maintaining a solid risk management strategy. With a larger account balance, I can diversify my portfolio and explore new trading opportunities.” – Ahmed R., Trader from the U.K.
Addressing Potential Challenges
- Unprofitable Last Trading Cycle: If a trader meets the accumulated account growth and payout criteria but fails to end the last trading cycle in profit, they will not be eligible for the Scaling Plan during that four-month period. However, their account will be reevaluated in the subsequent four-month cycle, and they can qualify for scaling if they meet all the criteria during that period.
- Account Scaling Down: Once an account is scaled up, the new balance remains intact. FundedNext does not scale down accounts due to losses. However, if a trader violates trading rules or reaches the overall loss limit, their account may be subject to closure or termination, as per FundedNext’s policies.
- Scaling Limit: FundedNext does not impose a limit on the number of times an account can be scaled up. As long as a trader consistently meets the scaling criteria over each four-month period, their account balance can continue to increase up to the maximum limit of $4 million.
FAQ
How does the payout ratio work for scaled-up accounts?
The payout ratio remains the same as the initial package chosen by the trader. For example, if a trader started with the Pro Package (85% payout ratio) and their account is scaled up, they will continue to receive 85% of the profits generated from the scaled-up account balance.
Can traders choose a different scaling package after qualifying for scaling?
No, traders cannot switch to a different scaling package once they have qualified for scaling. The package they initially selected will determine the account size, scaling limit, and payout ratio throughout their trading journey with FundedNext.
Is there a minimum trading activity requirement to maintain a scaled-up account?
Yes, FundedNext requires traders to maintain a consistent trading activity level on their scaled-up accounts. While the specific requirements may vary, traders must ensure they meet the minimum trading volume and profit targets to retain their scaled-up account status.
