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.
Full challenge rules, profit targets, and time limits are detailed on FundedNext official website.
More FAQs about FundedNext
- What trading styles are permitted at FundedNext, including EAs, news trading, weekend trades, and copy trading?
- How can traders pay for accounts at FundedNext, and are refunds available?
- What are the payout rules at FundedNext, such as minimum withdrawal, payout frequency, processing time, and methods?
- What is the maximum profit split offered by FundedNext?
- What assets and markets can traders trade at FundedNext?
- What leverage does FundedNext offer for forex, indices, metals, and crypto trading?
- Which trading platforms are available at FundedNext, and who is the underlying broker?
- How does FundedNext handle spreads, commissions, and slippage during trade execution?
- Which trading strategies are restricted by FundedNext, does the firm allow martingale trading, and are lot size limits enforced?
- What drawdown model is applied at FundedNext?
- What risk management and consistency rules must traders follow at FundedNext?
- What program types does FundedNext offer to traders?
- What is the maximum funding offered by FundedNext, and is a scaling plan available for traders?
- What is the current Trustpilot rating and number of reviews for FundedNext?
- What program types are available at FundedNext?
- How many accounts can a trader hold at FundedNext, is account merging allowed, and are there lot size limits?
- Does FundedNext require KYC, and when are traders asked to complete verification?
- Which countries are restricted from trading with FundedNext?
Guides Where FundedNext Is Featured
- Prop Firms Offering Crypto Leverage of 1:1 or Higher
- Prop Firms Offering Crypto Trading
- Prop Firms Offering FX Leverage of 1:30 or Higher
- Prop Firms Offering Maximum Profit Split of 95% or Higher
- Prop Firms Offering Metals Leverage of 1:15 or Higher
- Prop Firms Offering More Than $200k in Funding
- Prop Firms Offering Profit Split Starting at 80% or Higher
- Prop Firms With At Least 4 Years in Operation
- Prop Firms With Match-Trader Platform
- Prop Firms with More Than 1000 Trustpilot Reviews
- Prop Firms With Trustpilot rating of 3.3 or higher
- Top Prop Firms That Accept Clients From Djibouti
These guides include FundedNext alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
FundedNext vs FundedFast - Prop Firm Comparison (April 2026)
Head-to-head comparison of FundedNext and FundedFast. Check max funding, profit splits, daily and overall drawdown rules, leverage, tradable assets, payout frequency, payment and payout methods, trading permissions and KYC restrictions before you buy a challenge. Data refreshed April 2026.
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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)...
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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...
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| Overview | ||
| Trustpilot Rating | 4.5 | 4.3 |
| Trustpilot Reviews | 66,102 | 16 |
| Headquarters | United Arab Emirates | Malta |
| Age (Years) | 5 | 2 |
| Max Funding | $300,000 | $976,562 |
| Profit Split Start | 80% | 80% |
| Profit Split Max | 95% | 90% |
| Platforms | MT4 MT5 cTrader Match-Trader | Match-Trader |
| Assets | Commodities Crypto Forex Indices | Forex Commodities Precious Metals Indices Cryptocurrencies |
| Leverage | ||
| FX Leverage | 100 | 100 |
| Metals Leverage | 15 | 100 |
| Crypto Leverage | 1 | 20 |
| Risk & Drawdown Rules | ||
| Max Daily Loss | 5 | 5 |
| Max Total Loss | 10 | 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 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 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 | 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 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 | N/A |
| Payments | ||
| Payment Methods | Credit/Debit Card Crypto Local Payment Methods | 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. | 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 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. | 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. | No. FundedFast states it does not support Expert Advisors (EAs) or automated trading systems. |
| KYC & Restrictions | ||
| KYC Required | No | 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 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 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 |
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