What leverage does FundedNext offer for forex, indices, metals, and crypto trading?
💡 Answer
Leverage at FundedNext varies by asset class and is set as follows:
Forex (FX): Up to 100
Indices: Up to 15
Metals: Up to
Crypto: Up to 1
More FAQs about FundedNext
- Are expert advisors (EAs), news trading, weekend trading, and copy trading allowed at FundedNext, and which strategies are prohibited?
- What payment methods does FundedNext accept, and what is its refund policy?
- How do payouts work at FundedNext, including minimum payout, payout frequency, processing time, and payout methods?
- What is the maximum profit split offered by FundedNext?
- What assets and markets can traders trade at FundedNext?
- What trading platforms does FundedNext support, and which broker does it use?
- What are the trading conditions at FundedNext regarding spread quality, commissions, and slippage policy?
- What trading strategies are prohibited at FundedNext, is martingale allowed, and are there any lot size limits?
- What type of drawdown does FundedNext use for its trading accounts?
- What risk management and consistency rules must traders follow at FundedNext?
- What program types does FundedNext offer to traders?
- What challenge structure does FundedNext use for its evaluation process?
- 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?
- What are the account limits at FundedNext, including the maximum number of accounts, account merging rules, and lot size limits?
- Is KYC required at FundedNext, and at which stage does identity verification take place?
- Are there any restricted countries at FundedNext?
Guides Where FundedNext Is Featured
- Prop Firms Offering Commodities Trading
- Prop Firms With cTrader Platform
- Prop Firms with More Than 35000 Trustpilot Reviews
- Prop Firms With Trustpilot rating of 4.5 or higher
- Top Prop Firms That Accept Clients From Cambodia
These guides include FundedNext alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
FundedNext vs OneFunded vs WSFunded - Prop Firm Comparison (March 2026)
Side-by-side comparison of FundedNext vs OneFunded vs WSFunded. 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.
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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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OneFunded
OneFunded is a UK‑based proprietary trading firm launched in 2024 under Brynex Tech Limited. It offers evaluation‑based simulated trading accounts with unlimited time to pass; the main programs are the 1‑Step Challenge, 2‑Step Challenge and 1F Limited challenge. Traders work on the...
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WSFunded
WSFunded (Wall Street Funded) is a simulated prop trading program operated by WSFmarkets Ltd, offering 1-phase and 2-phase forex/CFD evaluations, instant funding models, and dedicated crypto challenges, with an 80% base profit split (scalable up to 95%), strict anti-HFT rules,...
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| Overview | |||
| Trustpilot Rating | 4.5 | 4.4 | 4.3 |
| Trustpilot Reviews | 61,473 | 185 | 2,316 |
| Headquarters | United Arab Emirates | United Kingdom | Saint Lucia |
| Age (Years) | N/A | 2 | N/A |
| Max Funding | $300,000 | $200,000 | $400,000 |
| Profit Split Start | 80% | 80% | 80% |
| Profit Split Max | 95% | 90% | 95% |
| Platforms | MT4 MT5 cTrader Match-Trader | TradeLocker cTrader | MT5 cTrader Match-Trader DXtrade TradeLocker Platform5 |
| Assets | Commodities Crypto Forex Indices | Forex indices commodities (metals & energies) cryptocurrencies | FX Commodities Indices Stocks Crypto |
| Leverage | |||
| FX Leverage | 100 | 100 | 30 |
| Metals Leverage | 15 | 30 | 10 |
| Crypto Leverage | 1 | 2 | 1 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | 5 | 4–5 | Maximum Daily LossDaily loss rules depend on program type. RAPID uses a 4% daily drawdown; CLASSIC and ULTRA use a 5% daily drawdown. Instant Standard and Instant Pro apply a 3% maximum daily drawdown calculated daily (balance/equity check) and reset on the platform’s daily schedule. Crypto programs use a 3% Daily Cap mechanism that can close positions and lock the account for the day if price movement exceeds the cap from the prior day’s equity reference. |
| Max Total Loss | 10 | 6–11 | Maximum Overall LossWSFunded’s overall loss limits vary by product: RAPID has a 6% maximum drawdown; CLASSIC uses an 8% maximum drawdown; ULTRA uses a 10% maximum drawdown (static models). Instant Standard uses a 6% trailing maximum drawdown, while Instant Pro uses a 5% trailing maximum drawdown. Crypto programs publish static maximum drawdown limits (e.g., 6% on One Step Crypto and 9% on Two Steps Crypto). |
| 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. | Fixed (daily 4–5 % and overall 6–11 % of starting balance) | Drawdown ModelRAPID/CLASSIC/ULTRA are built on static drawdown rules. Instant Standard and Instant Pro use trailing drawdown that follows equity highs; after an approved withdrawal, the trailing drawdown is described as locking at the starting balance and does not reset upward due to withdrawals. Crypto programs apply static max drawdown plus a separate daily cap mechanism. |
| 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. | Payouts can be requested every 14 days in the funded stage (or weekly with an add‑on). Bi‑weekly and weekly cycles provide up to a 90 % profit split. | Payout FrequencyWSFunded payout timing depends on the program. Commonly, the first withdrawal is allowed after an initial waiting period (e.g., 15 days on CLASSIC/ULTRA and Instant models, and 30 days on RAPID), with recurring withdrawals generally available every 10 days thereafter (from account activation / after the first eligibility window), subject to program rules and minimum requirements.Minimum payout: The published minimum payout threshold is $100, and Instant models also specify the minimum withdrawal as the greater of $100 or 1% of the account’s starting balance. |
| Days to First Payout | 5 | 14 | 15 |
| 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. | 2 | Payout ProcessingPayout requests are submitted via the dashboard payout form. During payout processing, the linked trading account may be set to view-only mode until finalized. WSFunded states payouts are handled Monday to Friday between 10:00 and 15:00 CET; actual arrival depends on payout rail/provider availability and any compliance checks. |
| Payout Methods | Rise Crypto Bank Transfer | USDT TRC20 Bank transfer | Crypto (USDT USDC ETH BTC) Rise (Bank Transfer Crypto) |
| Payments | |||
| Payment Methods | Credit/Debit Card Crypto Local Payment Methods | Credit/debit card (Visa Mastercard) Google Pay Apple Pay Crypto (USDT TRC20) Bank transfer | Credit/Debit Card (Visa Mastercard) Crypto |
| 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. | News trading is allowed in both evaluation and funded stages. A high‑impact news window (5 minutes before and after the event) requires careful risk management; trades may be opened, modified or closed but abusing volatility may result in warnings or termination. | News trading is allowed during evaluation phases. In funded simulated accounts (including Instant), WSFunded restricts opening new trades and closing existing trades on instruments affected by red-folder macroeconomic events within an 8-minute window (4 minutes before and 4 minutes after); profits obtained during restricted windows may be deducted. |
| 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. | Overnight and weekend positions are allowed across all stages. Swap/rollover fees apply where relevant. | Weekend trading depends on the market/instrument session. Crypto programs follow crypto venue hours (generally 24/7), while CFD markets follow their normal weekly trading sessions and may be affected by weekend closures and gap risk. |
| 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. | Copy trading is permitted only between your own OneFunded accounts. Coordinated copy trading with other traders or social copy services is prohibited. | Copy trading is heavily restricted. Manual copying between a trader’s own evaluation accounts is permitted only during the evaluation phase and only when account balances differ. Copying between funded accounts (or between funded and challenge accounts), copying between same-balance accounts, or using external copying tools is prohibited. |
| 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. | Expert Advisors (EAs) and automated strategies are allowed, but traders must request approval via the support desk and provide details of the EA’s logic. | EAs/cBots and indicators are allowed on evaluation programs as long as they follow permitted strategies. EAs/cBots are not allowed on Instant plans (Standard/Pro). |
| KYC & Restrictions | |||
| KYC Required | Yes | No | Yes |
| 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/AML verification is required after completing the evaluation and before receiving funded account credentials and payouts. Traders must submit proof of identity, proof of address and a selfie. | KYC/identity verification may be required as part of payout/compliance checks (especially when using third-party payout rails such as Rise). Traders should be prepared to provide standard verification documents if requested. |
| 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 Belarus Central African Republic Cuba Democratic Republic of the Congo Eritrea Guinea‑Bissau Iran Iraq ISIL (Da’esh) Lebanon Libya Mali North Korea Russia (including Crimea/Donetsk/Luhansk) Somalia South Sudan Sudan Syria Taliban Yemen Zimbabwe | United States Singapore Russia United Arab Emirates (UAE) Cuba Sudan Somalia Iran Lebanon Syria North Korea Libya Pakistan Vietnam and any other jurisdiction listed by FATF or subject to international sanctions |