FundedNext: In-Depth Institutional Research Dossier

1.1 NEXT Ventures Subsidiary: Founded in 2022, Hundreds of Millions in Disbursements & Rapid Global Scale

In an evolving proprietary trading industry, FundedNext—founded in 2022 under the multinational venture conglomerate NEXT Ventures with operational hubs in Dubai (UAE) and Cyprus—has rapidly established itself as a top-three global prop firm:

Global Presence in 150+ Countries: FundedNext has attracted hundreds of thousands of registered traders across more than 150 countries, paying out hundreds of millions of dollars in verified profit splits;
Proprietary Technology & Infrastructure Redundancy: The firm developed high-concurrency client dashboards and integrated multiple modern trading engines—including cTrader, TradeLocker, and classic MT4/MT5—ensuring continuous routing and trade execution;
Leading Trustpilot Reputation: Backed by its bold "24-hour payout review guarantee or receive an extra $1,000 compensation," the firm has earned tens of thousands of verified 5-star reviews.

Traditional prop firms treat simulated profits in Phase 1 and Phase 2 purely as virtual grading criteria. FundedNext revolutionized industry standards by introducing cash-backed evaluation incentives:

15% Real Profit Monetization from Challenges: Upon passing Step 1 and Step 2, traders receive their funded account and can withdraw 15% of the virtual profits generated during the evaluation phases in real cash alongside their first live payout;
Significant Capital Boost for Traders: On a $100,000 Stellar 2-Step account, achieving 8% ($8,000) in Phase 1 and 5% ($5,000) in Phase 2 yields $13,000 in simulated gains. The corresponding 15% reward equates to $1,950 in real cash, dramatically lowering the trader's initial opportunity cost.

1.3 Funded Account Protection & Zero Downside Debt

Broad Capital Scaling Tiers: Allocates initial accounts ranging from $6,000 to $300,000;
Zero Legal Liability for Capital Losses: Trading drawdowns are fully absorbed by the firm, leaving the trader with zero personal financial liability;
80% to 95% Industry-Leading Profit Splits: Starting at 80%–90%, escalating up to 95% in advanced scaling tiers.

2. Complete Challenge Matrix: Stellar 2-Step Balanced Model, Stellar 1-Step Express & $4,000,000 Scaling Plan

2.1 Stellar 2-Step Model: The Flagship Choice for Career Operators

The Stellar 2-Step challenge represents FundedNext's premier evaluation track, celebrated for balanced targets and trader-friendly risk metrics:

Phase 1:
- Profit Target: Only 8% ($8,000 on a $100,000 account);
- Trading Period: No Time Limit, allowing patient setup selection;
- Minimum Trading Days: Only 5 trading days;
Phase 2:
- Profit Target: Reduced to 5% ($5,000 on a $100,000 account); No time limit;
Risk Metrics:
- Maximum Daily Loss: 5% (calculated on a balance-based model);
- Maximum Overall Loss: 10% (static baseline stop-out line);
Includes 15% Challenge Profit Payout: Paid out on first compliant live withdrawal.

2.2 Stellar 1-Step Model: Designed for High-Win-Rate Momentum Scalpers

Single-phase direct evaluation to live capital;
Profit Target: 10% with no duration constraints;
Risk Metrics: Daily loss capped at 3%, maximum trailing loss capped at 6%;
Instant 90% Profit Split: Receives a 90% profit share starting from the very first withdrawal.

2.3 Evaluation vs Express Tracks

Evaluation Track: Classic FTMO-style 10% Phase 1 and 5% Phase 2 targets, retaining the 15% evaluation reward bonus;
Express Track: Direct one-step 25% target without daily drawdown constraints for breakout trend traders.

2.4 FundedNext Scaling Plan: Up to $4,000,000 in Institutional Allocations

Qualification Criteria:
- Trade actively over a 4-month cycle;
- Achieve at least 10% cumulative net profit over the period;
- Complete at least 2 successful profit payouts;
- Maintain a positive balance upon review;
Aggressive Scaling Benefits:
- Account capital increases by 40% per cycle (e.g., $100,000 scales directly to $140,000);
- Institutional Allocation Ceiling: Up to $4,000,000 ($4 Million);
- Profit Split Steps Up to 95%: Maximizes trader earnings to near-complete profit retention.

3. Balance-Based Daily Drawdown: Avoiding Floating Profit Clamping Traps & 10% Static Maximum Drawdown

3.1 Balance-Based 5% Daily Loss Algorithm: Eliminating Unrealized Gain Clamping

The most common point of failure across prop firms is equity-based daily drawdown, where intraday floating profits ratchet up the breach level. FundedNext resolves this on its Stellar 2-Step and Evaluation accounts via a Balance-Based framework:

Daily Reset Anchor Point: The 5% daily loss limit is calculated exclusively against the closed account balance at the daily midnight server reset (00:00 server time);
Preventing Trailing Drawdown Traps on Floating Profits:
- Suppose a $100,000 account reaches +$6,000 in floating open profit during the session, and later retraces to break-even (+$0);
- Under equity-based rules, the intraday high of $106,000 would elevate the daily breach line to $100,700, causing immediate disqualification at $100,000;
- Under FundedNext's Balance-Based Model: Because the unrealized profit was never closed into balance, the daily stop level remains firmly at $100,000 - 5% = $95,000. As long as equity does not breach $95,000, the retrace causes zero rule violation.

3.2 10% Static Maximum Overall Drawdown

On a $100,000 account, the maximum loss limit is permanently locked at $90,000;
When the account grows to $115,000, the breach level remains at $90,000, widening the effective capital cushion to $25,000.

4. Permissive Trading Conditions: Native cTrader / TradeLocker / MT5 Support, News & Weekend Holding Freedom

4.1 Unrestricted Trading Environment

Macroeconomic News Trading Allowed: Open, close, and execute orders through major economic releases (NFP, CPI, interest rates) without restrictive minute-based penalties;
Weekend Holding Permitted: Carry multi-day swing positions across weekends without forced closures;
Algorithmic Trading & EA Compatibility: Full compatibility with verified personal Expert Advisors and automated systems.

4.2 Multi-Terminal Infrastructure

cTrader: Preferred by quants for Level 2 market depth and C# cBot algorithmic execution;
TradeLocker: Next-generation platform with native TradingView charting and direct one-click execution;
MetaTrader 4 / MetaTrader 5: Standard compatibility for traditional trading robots;
No Inflexible Minimum Trading Days: Once funded, withdraw profits according to regular schedules without arbitrary trading day quotas.

4.3 Strictly Banned Abusive Strategies

Latency arbitrage and toxic quote sniping;
Multi-account opposite hedging across correlated profiles;
High-frequency tick scalping designed to exploit demo server glitches;
Account sharing, commercial bot passing services, and account syndicates.

5. 24-Hour Payout Guarantee: $1,000 Delay Penalty Compensation, 100% Fee Refund & 0.5% Mathematical Risk SOP

5.1 The 24-Hour Payout Guarantee & $1,000 Compensation

24-Hour Processing Window: Payout requests are reviewed and disbursed within 24 hours;
$1,000 Late Compensation: If FundedNext fails to process a compliant withdrawal within 24 hours, it pays the trader an additional $1,000 out of pocket, setting a gold standard for institutional accountability.

5.2 The Triple First-Payout Package & Global Channels

Threefold Reward on First Live Payout:
1. Live Net Profit Split (80%–90%);
2. 15% Virtual Evaluation Profit Converted to Real Cash;
3. 100% Registration Fee Reimbursement (Fee Refund);
Disbursement Infrastructure:
- Cryptocurrency (USDT TRC20/ERC20, BTC, ETH) with rapid settlement and minimal fees;
- International Bank Wire Transfers directly in fiat;
- Rise Compliance Payroll Gateway.

5.3 Position Sizing SOP (0.5%–1% Risk Model)

Position Lot Size = (Account Equity * Risk Percentage) / (Stop Loss in Pips * Pip Value per Lot)

On a $100,000 account with 0.5% risk ($500 max loss) trading EUR/USD with a 20-pip stop ($10/pip):
```
Lot Size = $500 / (20 * $10) = 2.5 Lots
```
Use the FundedNext dashboard to monitor live dollar distances to daily and total drawdown limits, maintaining systematic discipline across all trades.

FundedNext

1. Next-Gen Prop Disruptor: 15% Real Profit Sharing in Challenges, UAE/Cyprus Foundation & Global Ecosystem