FundedNext Evaluation Types 2026: Stellar, Evaluation & Rapid Pro/Daily Compared
The FundedNext Edge
In a sea of identical proprietary trading firms, FundedNext has carved out a massive user base by completely rethinking the evaluation process.
Their signature feature? They pay you for passing the evaluation. If you successfully complete a FundedNext challenge and reach your first live payout, you will receive a 15% profit share based on the virtual profits you generated during the evaluation phases.
However, getting to that payout requires choosing the right account type. FundedNext offers five primary evaluation models across Forex and Futures: the Stellar 1-Step, the Stellar 2-Step, the traditional Evaluation Model, and the innovative Rapid Pro and Rapid Daily Futures paths.
If you choose the wrong one, you might find yourself trapped by trailing drawdowns or unexpected contract limits. In this guide, we break down exactly how each model works and which one matches your trading style.
1. The Core Mechanic: Balance-Based Drawdowns
Before diving into the specific models, you must understand FundedNext's biggest advantage on Stellar Forex accounts: Balance-Based Daily Drawdowns.
Most prop firms calculate your daily loss limit based on your current equity at the start of the day. If you leave a trade open overnight that is floating in profit, your daily drawdown threshold moves up with it.
FundedNext calculates your daily loss limit based strictly on your account balance at the start of the day.
- Example: You have a 5,000) daily loss limit. Your equity is floating at 100,000. Your daily loss limit is calculated from the 3,000 floating profit evaporate, and then lose another $5,000, before breaching the account.
This is a massive psychological advantage for swing traders who hold trades overnight.
2. The Stellar 1-Step Challenge
The Stellar 1-Step is built for traders who want to get funded as quickly as possible. You only have to hit one profit target to receive a funded account.
The Rules
- Profit Target: 10%
- Daily Drawdown: 3% (Balance-Based)
- Overall Drawdown: 6% (Trailing)
- Time Limit: None. Take as long as you need.
- Minimum Trading Days: 5 days.
The Catch (Trailing Drawdown)
Because it is a 1-Step challenge, FundedNext protects their downside by utilizing a Trailing Maximum Drawdown. Your 6% maximum drawdown limit will trail your highest closed account balance until it reaches your initial starting capital, at which point it locks in place.
Who is this for? The Stellar 1-Step is best for high-win-rate scalpers who use tight stop losses and want immediate access to funded capital.
3. The Stellar 2-Step Challenge
The Stellar 2-Step is the most popular account type at FundedNext. It offers a perfect balance of generous drawdown limits and attainable profit targets.
The Rules
- Phase 1 Profit Target: 8%
- Phase 2 Profit Target: 5%
- Daily Drawdown: 5% (Balance-Based)
- Overall Drawdown: 10% (Static)
- Time Limit: None.
- Minimum Trading Days: 5 days per phase.
The Advantage (Static Drawdown)
Unlike the 1-Step model, the Stellar 2-Step utilizes a Static Maximum Drawdown. Your 10% max drawdown is permanently locked to your initial starting balance. If you are trading a 90,000, regardless of how much profit you have made.
Who is this for? The Stellar 2-Step is the optimal choice for the vast majority of retail forex traders. The combination of a static overall drawdown and a balance-based daily drawdown provides immense freedom to execute your strategy without algorithmic interference.
4. The Traditional Evaluation Model
The traditional "Evaluation Model" is FundedNext's legacy offering. It is a 2-step challenge similar to the Stellar 2-Step, but with one critical difference regarding reward structure.
The Rules
- Phase 1 Profit Target: 10%
- Phase 2 Profit Target: 5%
- Daily Drawdown: 5% (Balance-Based)
- Overall Drawdown: 10% (Static)
- Time Limit: None (under updated 2026 rules).
- Minimum Trading Days: 5 days per phase.
The Advantage (15% Profit Share Payouts)
While the Profit Target in Phase 1 is slightly higher than the Stellar model (10% vs 8%), the traditional Evaluation Model boasts an unconditional 15% profit split during the evaluation phases, paid out alongside your first live funded withdrawal.
5. The Futures Challenge: Rapid Pro vs Rapid Daily Explained
For traders moving away from CFD prop firms to CME Futures, FundedNext offers two dedicated futures pathways: Rapid Pro and Rapid Daily.
| Parameter | Rapid Pro Futures | Rapid Daily Futures | Stellar 2-Step (Forex) |
|---|---|---|---|
| Market | CME Futures (ES, NQ, CL, YM) | CME Futures | Forex, Crypto, Indices |
| Platform | Tradovate, NinjaTrader, TradingView | Tradovate, NinjaTrader | MT4, MT5, cTrader |
| Evaluation | 1-Step Evaluation | 1-Step Evaluation | 2-Step Evaluation |
| Profit Target | 6% | 6% | 8% / 5% |
| Drawdown Type | End-of-Day (EOD) Trailing (4%) | End-of-Day (EOD) Trailing (3%) | Static Balance-Based (10%) |
| Daily Loss Limit | None ($0 DLL on select tiers) | Strict Daily Limit | 5% Balance-Based |
| Payout Cycle | Bi-Weekly | Daily On-Demand | Bi-Weekly |
| Profit Split | 90% | 80% (Scales to 90%) | 80% - 95% |
Why Choose Rapid Pro?
Rapid Pro is designed for swing and momentum futures traders. By utilizing an End-of-Day (EOD) Trailing Drawdown rather than an intraday trailing calculation, floating profits do not choke your account during the trading session. If you hit your target without violating the EOD threshold, you advance directly to simulated live funding.
Why Choose Rapid Daily?
Rapid Daily is aimed at day scalpers who prioritize rapid cash flow. While drawdown parameters are tighter, funded accounts unlock daily payout withdrawals, eliminating the standard 14-day waiting buffer required by competitors.
The "Gotcha": Minimum Trading Days
Watch Your Trading Days
Across all FundedNext accounts, you must respect the Minimum Trading Days rule (typically 5 days).
If you are an exceptional trader and you hit your 8% profit target on Day 2 of your Stellar 2-Step challenge, you are not done. You cannot advance to Phase 2 until you have logged 5 separate trading days.
The Fix: If you hit your target early, simply open a 0.01 micro-lot position on days 3, 4, and 5, and immediately close it. This satisfies the system's requirement for a "trading day" without risking your profits.
Final Verdict: Which Model Should You Buy?
- For Forex Scalpers & Day Traders: Choose Stellar 2-Step for the forgiving 10% static drawdown and 5% balance-based daily limit.
- For Futures Traders (NQ/ES/CL): Choose Rapid Pro for institutional EOD trailing calculations and 90% profit splits.
- For Immediate Cash Flow: Choose Rapid Daily if you want daily payout eligibility.
PropFirmCircle Team
Editorial Team
Our team of experienced traders and analysts dedicated to providing unbiased prop firm reviews.