What challenge structure does FundedNext use for its evaluation process?

💡 Answer

FundedNext’s current CFD lineup includes four account types:

  • Stellar 1-Step: 10% profit target; 3% max daily loss; 6% max loss; minimum 2 trading days; balance-based limits.
  • Stellar 2-Step: 8% target (Phase 1) then 5% (Phase 2); 5% max daily loss; 10% max loss; minimum 5 trading days per phase; balance-based limits.
  • Stellar Lite: 8% target (Phase 1) then 4% (Phase 2); 4% max daily loss; 8% max loss (10% max-loss add-on available); minimum 5 trading days per phase; balance-based limits.
  • Stellar Instant: No evaluation/profit target; 6% trailing max loss model; on-demand rewards after eligibility.

Note: Express/Evaluation models were discontinued for new clients on 18 Mar 2025, but existing clients may still hold those legacy plans.

More FAQs about FundedNext

Guides Where FundedNext Is Featured

These guides include FundedNext alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.

FundedNext vs Funded Futures Family vs FundedFast - Prop Firm Comparison (March 2026)

Side-by-side comparison of FundedNext vs Funded Futures Family vs FundedFast. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated March 2026.

FundedNext vs Funded Futures Family vs FundedFast - Prop Firm Comparison (March 2026)
FundedNext
FundedNext is a UAE-registered prop trading platform that offers Stellar 1-Step, Stellar 2-Step, Stellar Lite evaluations plus Stellar Instant funding. It combines balance-based drawdown rules, access to MT4/MT5/cTrader/Match-Trader (TradingView supported for analysis), and reward shares up to 95% (with add-ons)...
Funded Futures Family
Funded Futures Family (FFF) is a US-based futures prop firm that offers evaluation challenges and Straight-To-Funded options with access via Tradovate, NinjaTrader, and TradingView, a ruleset centered on trailing drawdown (EOD or intraday by plan), structured payout eligibility based on...
FundedFast
FundedFast is the trading name of Memento Enterprises Limited (Malta) and offers simulated prop-trading Challenges on MatchTrader. It provides one-phase and two-phase evaluations (10% then 5% targets on the two-phase), unlimited time limits, weekly payout requests on funded accounts via...
Overview
Trustpilot Rating 4.5 4.7 3.7
Trustpilot Reviews 61,473 1,475 12
Headquarters United Arab Emirates United States Malta
Age (Years) N/A N/A 2
Max Funding $300,000 $600,000 $976,562
Profit Split Start 80% 100% 80%
Profit Split Max 95% 100% 90%
Platforms MT4 MT5 cTrader Match-Trader TradingView NinjaTrader Tradovate Match-Trader
Assets Commodities Crypto Forex Indices Commodities Energies Futures Metals Forex Commodities Precious Metals Indices Cryptocurrencies
Leverage
FX Leverage 100 0 100
Metals Leverage 15 0 100
Crypto Leverage 1 0 20
Risk & Drawdown Rules
Max Daily Loss 5 Maximum Daily LossFFF’s futures programs are designed around a trailing max drawdown and contract-sizing rules rather than a separate daily loss limit.For S2F accounts, the published Daily Loss Limit is None across $50k, $100k, and $150k account sizes. 5
Max Total Loss 10 Maximum Overall LossFFF enforces maximum loss through a trailing max drawdown model whose calculation mode depends on the plan type.S2F trailing max drawdown (published): $2,000 on $50k; $3,000 on $100k; $4,500 on $150k (drawdown mode: End of Day).FFF also states that evaluation plans include both End-of-Day drawdown (Premiere/Classic) and intraday trailing drawdown (Elite), so traders should choose the model that best fits their risk style. 10
Drawdown Type Stellar 1-Step / 2-Step / Lite: Daily Loss and Maximum Loss are calculated from the initial balance of the phase and include closed + floating PnL (plus commissions/fees). The daily limit resets at 00:00 (server time GMT+2). The maximum loss threshold is fixed as a percentage of the initial balance, while the “maximum permitted loss” displayed can expand or shrink with accumulated profit/loss within a trading cycle.Stellar Instant: Uses a 6% trailing maximum loss limit that ratchets upward with profits; it does not reset after withdrawals. Drawdown ModelEnd-of-Day (EOD) drawdown: drawdown is assessed using end-of-day account values (used in Premiere/Classic evaluations; also shown for S2F account structures).Intraday trailing drawdown: drawdown trails equity highs intraday (used in Elite evaluations). Drawdown ModelFundedFast enforces a fixed Max Daily Loss and a fixed Max Drawdown (no trailing drawdown disclosed on its Challenges page). The daily-loss limit is presented as a percentage limit and should be treated as including floating PnL exposure (open trades) for compliance.
Payouts
Payout Frequency Payout Frequency (Performance Rewards)Payout timing depends on the account model:Stellar 1-Step FundedNext Account: rewards are requested on a 5 business day cycle (first and subsequent cycles).Stellar 2-Step & Stellar Lite FundedNext Accounts: first reward is available after an initial 21-day cycle, then bi-weekly (every 14 days) thereafter if eligibility is met; a “Bi-Weekly Reward” add-on can bypass the initial 21-day wait.Stellar Instant: first reward is available after 5 business days, then rewards can be requested on-demand, subject to eligibility and trailing drawdown buffer rules. Payout FrequencyPayouts become requestable once the trader meets eligibility requirements (including 7 qualifying $200+ profit days and applicable consistency/buffer rules). Requests can be submitted as soon as eligible.Approved payout requests are processed on Tuesdays and Fridays (with cut-off times for each batch). Payout FrequencyFundedFast states withdrawals can be requested once per week. To have a withdrawal processed on Monday, submit the request by 00:00 (UTC) Thursday of the previous week.
Days to First Payout 5 7 0
Payout Processing Time Payout ProcessingPerformance Reward requests are submitted through the FundedNext dashboard. Processing time can vary based on compliance checks, payout method/provider, and request volume; allow additional time for bank/crypto settlement after approval. Payout ProcessingPayouts are delivered through Rise. After approval, traders receive an invite, complete Rise onboarding/KYC, and then sign the contractor documentation; payouts are sent after that step.Typical Rise timeframes: bank transfer/wire often 1–3 business days; crypto often same day to ~24 hours (network-dependent). Payout ProcessingFundedFast indicates weekly processing, with Monday as the processing day when submitted by the stated cutoff. Exact receipt timing depends on the payment provider and is not specified on the FAQ page.
Payout Methods Rise Crypto Bank Transfer Rise (Bank Transfer/Wire Crypto Local Currency) N/A
Payments
Payment Methods Credit/Debit Card Crypto Local Payment Methods Credit/Debit Card Credit/Debit Card Bank Transfer Local Banking PIX (Brazil) Cryptocurrency
Trading Permissions
News Trading News trading is generally allowed across FundedNext CFD models, but FundedNext applies ‘restricted news time’ rules on funded accounts: if trades are executed during restricted high-impact, instrument-correlated news windows, a portion of the profit can be removed during cycle review (commonly referenced as a 40% deduction on affected profits). Stellar Instant has a distinct news-time profit treatment where FundedNext may retain a larger share of profits generated during designated news time. FFF publishes a dedicated News Trading Policy in its help center; traders should follow that policy for their specific account type (evaluation, simulated funded, or live). Yes. FundedFast states news trading is allowed, but trades opened within 10 minutes of significant news announcements may be reviewed for compliance. Its Terms prohibit “gap trading” during significant news events (example: opening trades within five minutes of a major news announcement).
Weekend Trades Overnight and weekend holding is allowed across all active CFD account types (Stellar Instant, Stellar 1-Step, Stellar 2-Step, Stellar Lite). Swap charges (unless swap-free) can impact floating PnL and therefore drawdown calculations. Weekend trading is generally not applicable for CME-style futures because markets are closed during the weekend maintenance window; trading is only possible during the exchange’s open sessions. Positions must comply with the product’s trading hours. Weekend holding is available via a Weekend Holding add-on at checkout. Overnight holding is allowed (swap applies at market close).
Copy Trading Copy trading is allowed only between your own FundedNext Challenge accounts (one ‘master’ and one or more ‘slave’ accounts) as long as total combined Challenge capital does not exceed $300,000. Copy trading is prohibited between any FundedNext Account and any other FundedNext Account or Challenge account (even if you own them). Cloud-based copy services are not allowed; VPS-based copiers are permitted only for copying between your own Challenge accounts. FFF’s public materials emphasize that accounts are for the account holder’s own use. Any copying/account-management behavior should remain consistent with FFF’s fair-use/prohibited-conduct framework and must not involve third-party account management. No. FundedFast states copy trading is not currently supported.
EA Allowed EAs/automation are supported on MT4/MT5 (and platform-native automation where applicable). Match-Trader is positioned for manual trading and does not support MetaTrader-style EAs. Any automation must still comply with FundedNext’s prohibited strategy and fair-use rules. Automation can be implemented via supported platforms (e.g., NinjaTrader tools or TradingView-based execution flows), but traders remain responsible for compliance with all rules, including position sizing, consistency, and prohibited conduct. No. FundedFast states it does not support Expert Advisors (EAs) or automated trading systems.
KYC & Restrictions
KYC Required Yes Yes No
KYC Stage KYC (identity verification) is required after passing a Stellar Challenge and before a FundedNext Account is issued. Traders upload government-issued ID (and in some cases proof of address) via the dashboard Verification Center; once approved, FundedNext typically issues the FundedNext Account within 48–72 hours. KYC must be completed within 30 days after passing, otherwise the account can become inactive. KYC is required through Rise before the first payout is sent (Rise onboarding/identity verification as part of contractor setup). KYC is required after passing and before the funded phase: ID (passport/driving license/national ID) and proof of residence (utility bill or bank statement dated within the last six months). Upload is done via the Trading Platform profile area; verification is typically within an hour, up to one business day in rare cases.
Restricted Countries Afghanistan Albania Antigua and Barbuda Bangladesh Belarus Belize Bouvet Island Burundi Cape Verde Central African Republic Chad Comoros Cuba Democratic Republic of the Congo Eritrea Ethiopia Fiji Grenada Iran Lebanon Libya Malaysia Mali Myanmar Nicaragua North Korea Russia Somalia South Sudan Sri Lanka Sudan Syria Tuvalu Ukraine Venezuela Vietnam Yemen Zimbabwe Afghanistan Albania Algeria Angola Belarus Bosnia and Herzegovina Burkina Faso (Upper Volta) Burma/Myanmar Burundi Central African Republic Chad Chinese Military Companies Cote d’Ivoire (Ivory Coast) Crimea (Region of Ukraine - Crimea Donetsk Luhansk Kherson Zaporizhzhia) Cuba Democratic Republic of Congo Ethiopia Iran Iraq Jamaica Kosovo Lebanon Liberia Libya Mali Monaco Morocco Montenegro Mozambique Namibia Nicaragua North Korea North Macedonia Puerto Rico Russia Senegal Somalia South Sudan Sudan and Darfur Syria Tanzania Trinidad and Tobago Ukraine Venezuela Vietnam Yemen Zimbabwe Afghanistan Albania Baker Island Bajo Nuevo Bank Barbados Belarus Burkina Faso Cabo Verde China Congo (Democratic Republic) Congo (Republic) Côte d’Ivoire Eritrea Ethiopia Guam Haiti Hong Kong Howland Island Iran Iraq Jamaica Jarvis Island Johnston Atoll Jordan Kingman Reef Kyrgyzstan Lebanon Liberia Libya Malta Midway Islands Minor Outlying Islands Mongolia Mozambique Myanmar (Burma) Nicaragua North Korea Northern Mariana Islands Pakistan Palestine Palmyra Atoll Panama Puerto Rico Russia Senegal Seychelles Sierra Leone Somalia South Sudan Sudan Syria Tajikistan Turkmenistan United States United States Virgin Islands Vietnam Yemen

See all FundedNext comparisons