FundedNext has rapidly ascended to become one of the most popular proprietary trading firms since its 2022 launch, attracting traders with innovative challenge types, competitive profit splits up to 95%, and a unique profit-sharing model that pays traders during the evaluation phase. The company's Express and Stellar challenge programs offer flexibility for different trading styles and risk appetites.
| Platform Comparison | FundedNext | Industry Average | Premium Alternative |
|---|---|---|---|
| Profit Split | Up to 95% | 70-85% | 80-90% |
| Evaluation Fee | $32-$1,099 | $50-$1,500 | $155-$1,080 |
| Account Minimum | $5,000 | $5,000 | $10,000 |
| Maximum Funding | $200,000 | $200,000-$400,000 | $2,000,000 |
| Evaluation Steps | 1 or 2-step | 1-3 steps | 2-step |
| Profit Target | 5-10% | 8-12% | 10% |
| Daily Drawdown | 5% | 4-6% | 5% |
| Overall Drawdown | 10% | 8-12% | 10% |
Learn More About Platform Ratings →
Note on fees: FundedNext offers multiple challenge types with competitive pricing. A standout feature is their 15% profit share during evaluation—traders earn from day one, even before becoming funded. This unique approach has contributed significantly to the firm's popularity.
FundedNext differentiates itself through customer-centric policies, including evaluation profit sharing and multiple challenge formats. The Express model offers single-phase qualification, while the Stellar program provides a more traditional two-phase approach with generous drawdown allowances.
Company History & Development
FundedNext launched in February 2022, entering a competitive prop trading market with ambitious plans to differentiate through trader-friendly policies. The company quickly gained attention by introducing evaluation phase profit sharing—a feature that allowed traders to earn 15% of profits made during their challenge, regardless of whether they ultimately passed.
Within its first year, FundedNext experienced explosive growth, reportedly funding thousands of traders and processing millions in payouts. The company's aggressive marketing and genuine innovation attracted both new and experienced prop traders seeking alternatives to established firms.
In 2023, FundedNext continued expanding its offerings, introducing the Express challenge for traders preferring single-phase evaluation and refining its Stellar program. The company also enhanced its scaling plan, allowing successful traders to grow their accounts progressively.
The firm has navigated industry challenges including increased competition and evolving trader expectations. FundedNext has maintained its position through continuous improvement of its offerings and responsive customer service.
Business Model & Core Services
FundedNext operates two primary challenge models. The Stellar challenge follows a two-phase structure with 8% and 5% profit targets respectively, offering balanced drawdown limits and the full suite of firm benefits. The Express challenge provides single-phase qualification with a 10% target for traders confident in their abilities.
Both models feature the signature 15% evaluation profit share, allowing traders to earn during assessment. Upon funding, profit splits start at 80% and can increase to 95% based on performance and account scaling.
Account sizes range from $5,000 to $200,000, with scaling opportunities for consistent performers. The firm supports forex, indices, commodities, and cryptocurrencies through MetaTrader 4 and MetaTrader 5 platforms.
Regulatory Compliance & Trust
FundedNext operates as a proprietary trading company registered in the UAE. The firm has built trust through consistent payout processing and active engagement with its trading community. Regular payout proof sharing and transparent communication have established credibility despite the company's relatively short history.
The firm maintains compliance with applicable business regulations and implements standard KYC procedures for funded traders.
Economics & Value Proposition
FundedNext's fee structure is competitive, with challenges starting at $32 for the smallest accounts. The evaluation profit sharing feature effectively reduces net cost for successful challengers, as earnings offset initial fees.
Profit splits progress from 80% at initial funding to 95% at higher scaling levels. The company processes payouts bi-weekly with reasonable withdrawal minimums. Multiple payment options including cryptocurrency are supported.
Technology & User Experience
FundedNext provides trading access through MetaTrader 4 and MetaTrader 5, ensuring familiarity for most forex traders. The company's dashboard offers comprehensive account monitoring, including real-time statistics, trading journals, and progress tracking.
The user interface is modern and intuitive, with clear presentation of account rules and performance metrics. Customer support is available 24/7 through live chat, with generally positive reviews regarding responsiveness.
Scalping-Friendliness (Commissions, Leverage & Slippage)
FundedNext permits scalping and various trading strategies across its challenge types. Leverage varies by instrument, with forex pairs typically offering 1:100. The firm does not impose restrictive trading style limitations, making it suitable for diverse approaches.
Spreads and execution quality are reported as competitive, though experiences vary based on market conditions.
Security & Risk Management
FundedNext implements standard security measures including encrypted communications and secure payment processing. Risk management is enforced through drawdown limits—5% daily and 10% overall—with automatic position closure when limits are breached.
The company's risk parameters are designed to protect both traders and firm capital while allowing reasonable trading flexibility.
Market Position & Suitability
FundedNext appeals to traders seeking modern, flexible prop trading options with genuine innovation. The evaluation profit sharing feature attracts those who want to earn immediately rather than waiting for funded status.
Active traders benefit from the multiple challenge options, allowing selection based on individual preferences and confidence levels. The 95% profit split potential attracts performance-focused traders seeking maximum earnings.
Newer traders may appreciate the lower entry costs and supportive community. Those prioritizing established track records should weigh FundedNext's impressive growth against its relatively short operational history.
Conclusion
FundedNext has established itself as a major force in prop trading through genuine innovation, particularly the evaluation profit sharing model. The company's rapid growth reflects trader appreciation for customer-centric policies and competitive terms.
Key strengths include evaluation phase earnings, flexible challenge options, competitive fees, and potential 95% profit splits. The firm's 2022 founding means less operational history than some competitors.
For traders seeking innovative approaches to prop trading with immediate earning potential, FundedNext represents one of the most compelling modern options available.
Last updated: November 29, 2025