What are the trading conditions at FundedNext regarding spread quality, commissions, and slippage policy?
💡 Answer
Spread quality depends on account type: Raw accounts aim for tighter, near-interbank spreads with commission, while Standard accounts bake costs into wider spreads. Spreads can widen during illiquid sessions, rollovers, or major news.
Orders are executed in a simulated market environment connected to liquidity providers, so both positive and negative slippage may occur, particularly during volatile periods. Strategies intended to exploit latency, price-feed delays, or order flooding are prohibited and may result in profit removal or account termination.
Commissions
FundedNext offers both Standard and Raw pricing options. Standard accounts are commission-free, while Raw accounts charge a commission (advertised as $3 per lot) in exchange for tighter spreads. Commissions and swaps/fees are included in drawdown calculations where applicable.
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 leverage does FundedNext offer for forex, indices, metals, and crypto trading?
- What trading platforms does FundedNext support, and which broker does it use?
- 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 Crypto Trading
- Prop Firms With cTrader Platform
- Prop Firms with More Than 100 Trustpilot Reviews
- Prop Firms With Trustpilot rating of 4.2 or higher
- Top Prop Firms That Accept Clients From Gambia
These guides include FundedNext alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
FundedNext vs Audacity Capital vs Seacrest Markets - Prop Firm Comparison (March 2026)
Side-by-side comparison of FundedNext vs Audacity Capital vs Seacrest Markets. 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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Audacity Capital
Audacity Capital is a proprietary trading firm founded in 2012 in London that offers multiple funding paths including the Ability Challenge evaluation and a Funded Trader Program, advertising accounts up to $2,000,000, profit share up to 90%, and trading via...
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Seacrest Markets
Seacrest Markets (formerly MyFundedFX) is a broker-backed prop evaluation program offering MT5 and Match-Trader simulated challenges with no time limits, up to $400,000 total simulated value across active accounts, 80% profit split on Live Sim accounts (with VIP tiers up...
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| Overview | |||
| Trustpilot Rating | 4.5 | 0 | 3.3 |
| Trustpilot Reviews | 61,473 | 0 | 1 |
| Headquarters | United Arab Emirates | United Kingdom | South Africa |
| Age (Years) | N/A | 14 | N/A |
| Max Funding | $300,000 | $2,000,000 | $400,000 |
| Profit Split Start | 80% | 50% | 80% |
| Profit Split Max | 95% | 90% | 92.75% |
| Platforms | MT4 MT5 cTrader Match-Trader | MT5 | mt5 match-trader |
| Assets | Commodities Crypto Forex Indices | Forex Commodities | FX Metals Indices Energy & Commodities Crypto |
| Leverage | |||
| FX Leverage | 100 | 100 | 30 |
| Metals Leverage | 15 | 100 | 10 |
| Crypto Leverage | 1 | 2 | 2 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | 5 | Maximum Daily LossAbility Challenge uses a static daily drawdown that resets at rollover (00:00 GMT+2): 7.5% during the Challenge stage and 5% during the Verification stage. Audacity also states the Ability Live phase daily drawdown is 5%. The Funded Trader Program (FTP) uses a 5% trailing daily drawdown (moves up with equity highs). | Maximum Daily LossDaily loss limits depend on plan: 4% (1-Step), 5% (2-Step), 4% (3-Step). |
| Max Total Loss | 10 | Maximum Overall LossAbility Challenge maximum drawdown is 15% in the Challenge stage and 10% in the Verification stage (and the firm also references a 10% maximum drawdown in the Ability Live phase). FTP maximum total drawdown is 10% from the initial balance. Ability One lists a 6% absolute drawdown. | Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). |
| 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 ModelAudacity's Ability Challenge and Verification stages are described as using a static drawdown system with daily limits resetting at rollover (00:00 GMT+2). FTP uses a trailing drawdown model (daily DD 5% trailing). Ability One uses static drawdown (3% daily and 6% absolute). | Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) |
| 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 FrequencyAbility Challenge: first payout can be requested 30 days after the first trade on the Ability Live account, then payouts may be requested bi-weekly. FTP: payouts can be requested once a 10% profit milestone is reached (profit share varies by account size and time-to-target). | Payouts every 14 days (VIP tiers faster). |
| Days to First Payout | 5 | 30 | 14 |
| 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. | 14 | Processing 12–72 hours. |
| Payout Methods | Rise Crypto Bank Transfer | Bank Transfer PayPal Cryptocurrency | Crypto RiseWorks |
| Payments | |||
| Payment Methods | Credit/Debit Card Crypto Local Payment Methods | Credit/Debit Card PayPal Cryptocurrency | Credit/Debit Card Crypto Apple Pay |
| 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. | Ability Challenge: news trading is permitted during news events in both challenge phases and on the Ability Live account. FTP: holding open positions is prohibited during significant news events; traders must wait 30 minutes after the release once notified by the risk team. | News trading restricted on Live Sim (±3 minutes). |
| 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. | Allowed: Ability Challenge (including Ability Live) allows weekend holding; Ability One also allows weekend holding, subject to drawdown limits. | Weekend trading allowed. |
| 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. | Audacity Capital allows copy trading, subject to specific restrictions designed to ensure that all trades originate from the trader’s own strategy and accounts. Permitted Copy Trading Own Accounts: Copying trades between your own Audacity Capital accounts is permitted. External Personal Accounts: Copying trades from your personal trading accounts with other brokers or prop firms into your Audacity Capital account is allowed. Verification of the source account may be required. EAs / Automated Systems: Expert Advisors and other automated trading tools... | Copy trading allowed for own strategies only. |
| 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. | EA Guidelines and Restrictions Permitted Use: Expert Advisors (EAs) are generally allowed on MetaTrader 5 (MT5) for both the Ability Challenge and the Funded Trader Program. Prohibited EA Strategies: The following automated trading styles are strictly forbidden and may result in account termination: High-Frequency Trading (HFT) and Tick Scalping: Not permitted. Martingale or Averaging Down Strategies: Not permitted. Latency Arbitrage: Any form of latency arbitrage or exploitation of system vulnerabilities is strictly prohibited. Grid Trading: Not permitted. Third-Party EAs: While... | EAs allowed on MT5 only. |
| 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 is required before account activation and again before processing payouts. Audacity states KYC includes proof of identity (government-issued photo ID) and a selfie, and may need to be resubmitted for compliance. | KYC required at Live Sim stage. |
| 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 | Bangladesh Belarus Burma (Myanmar) Central African Republic Crimea Donetsk and Luhansk regions of Ukraine Cuba Democratic Republic of the Congo Iran Iraq Lebanon Libya North Korea Pakistan Russia Somalia Sudan Syria United States and its territories (including American Samoa Guam Northern Mariana Islands Puerto Rico and the U.S. Virgin Islands) Venezuela Yemen | Cuba Iran Lebanon Syria North Korea Libya Russia Sudan Somalia South Sudan Vietnam United Arab Emirates Hong Kong Belarus Myanmar Central African Republic Democratic Republic of Congo Congo Ethiopia Nicaragua Venezuela Yemen Philippines Kenya Algeria Morocco United States |