FundedNext

FundedNext stormed onto the scene in 2021 with a revolutionary proposition: why should traders work for free during evaluation? Their 15% profit share during the challenge phase changed the industry paradigm and forced competitors to reconsider their models.

What Makes FundedNext Revolutionary The concept is simple but powerful - you keep 15% of any profits made during your challenge phase. If you hit your 8% target on a $100K account, you've made $8,000 in simulated profit, and FundedNext will pay you $1,200 (15%) as real money. This doesn't affect your evaluation status; it's simply a bonus for successful challenge completion.

Account Models:

Stellar Lite (Most Affordable):

• Account Sizes: $6K, $15K, $25K, $50K, $100K, $200K
• Price Starting: $32 for $6K account
• 1-Step Evaluation: 10% profit target
• Daily Drawdown: 3%
• Max Drawdown: 6%

Stellar 1-Step:

• Account Sizes: $6K to $200K
• Price Starting: $59 for $6K
• Profit Target: 10%
• Daily Drawdown: 3% / Max: 6%

Stellar 2-Step (Most Popular):

• Phase 1: 8% profit target
• Phase 2: 5% profit target
• Daily Drawdown: 5%
• Max Drawdown: 10%
• 15% profit share during challenge

Express Model:

• Higher profit target (25%)
• No minimum trading days
• Immediate funding if passed

The Balance-Based Drawdown Advantage Unlike FTMO's equity-based drawdown where floating losses count against you, FundedNext's balance-based system only considers closed trades. This means you can hold underwater positions without triggering the drawdown limit - a significant advantage for swing traders.

Payout Details:

• First payout after 14 days of funded trading
• Subsequent payouts on-demand or bi-weekly
• Processing via crypto, bank wire, or Rise
• Minimum withdrawal: Varies by account

The Verdict: FundedNext hit the market at the right time with the right innovation. The 15% challenge profit share is genuine and has been verified by thousands of traders. If you're on the fence about prop trading, knowing you can earn while being evaluated reduces the perceived risk significantly.