FundedNext

FundedNext is a prop firm that has quickly become the fastest-growing company in the Forex industry since its establishment in 2022.

With a mission to reshape the Forex trading landscape, FundedNext offers unprecedented access to funding, resources, and mentorship for traders.

Who are FundedNext?

FundedNext, established on March 18, 2022, is a proprietary trading firm that’s making waves in the world of finance. Committed to providing its traders with a comfortable and supportive trading environment, FundedNext has introduced four distinct funding models to cater to a variety of trading styles: the Two-step Stellar, One-step Stellar, Evaluation, and Express programs.

With a global presence, FundedNext has strategically positioned offices in key locations, including the UAE, USA, UK, and Bangladesh. These offices serve as hubs for traders looking to access capital for their trading ventures. Remarkably, FundedNext offers traders the opportunity to access capital of up to $4,000,000, all while allowing for profit splits of up to 90%.

One of the key partnerships that sets FundedNext apart is their collaboration with Eightcap, serving as their trusted broker. This partnership ensures traders have access to top-notch trading platforms and resources to help them succeed in the competitive financial markets.

The headquarters of FundedNext can be found in the United Arab Emirates, situated at the following address: AI Robotics HUB, C1 Building, AFZ, Ajman, United Arab Emirates. This strategic location reflects FundedNext’s commitment to staying at the forefront of the financial industry while serving traders from around the world.

Who is the CEO of FundedNext?

The CEO of FundedNext is Abdullah Jayed, a globally recognized young entrepreneur in the digital sector and the retail trading industry. In 2016, he founded Jayed Corp with the aim of creating global employment opportunities and simplifying people’s lives. Abdullah is renowned for founding successful projects such as Growth Alliance, MoneyBackFX, and eComChef, all of which quickly became leading companies in their respective markets.

Abdullah’s entrepreneurial journey also led him to establish FundedNext, a multi-billion dollar proprietary trading firm that has become an attractive opportunity in the proprietary trading industry. He firmly believes that young and enthusiastic individuals should pursue their dreams to achieve their goals. This philosophy is evident in FundedNext, where he encourages traders with solid strategies to test themselves and receive funding upon successful evaluation. This approach allows traders to access larger amounts of capital and earn percentage-based profit splits as a reward for their dedication and hard work.

Suppose you’re interested in following Abdullah Jayed and staying updated on his activities. In that case, you can connect with him on Instagram and LinkedIn, where you’ll find more of his posts and insights into his daily life and business ventures.

Why You Should Consider FundedNext

FundedNext stands out among prop firms for several reasons. Firstly, they provide a 15% profit share during the challenge phase, allowing traders to withdraw their share of the profits even before passing the challenge in the Express Model.

Additionally, FundedNext offers a “No Time Limit” funding model, providing traders with flexibility and the ability to withdraw profits without strict time constraints.

Steps To Get Funded

To get funded by FundedNext, traders need to go through their evaluation process.

Evaluation Model:

Express Model:

Stellar Model:

They offer three funding models: the Evaluation Model, Express Model, and Stellar Model. Each model has different features and rules, allowing traders to choose the option that best suits their trading style and goals.

FundedNext Scaling Plan

FundedNext aims to bridge the gap between talent and opportunity by offering traders the opportunity to manage significant portfolios without financial limitations. They provide a platform where ambitious traders can grow and scale their trading activities, supported by FundedNext’s resources and mentorship.

Trading instruments

FundedNext offers a versatile range of trading instruments, providing traders with exciting opportunities to diversify their portfolios and maximize their trading potential. With a user-friendly platform and a host of assets to choose from, FundedNext empowers traders to explore various markets, all while enjoying the benefits of up to 1:100 leverage.

Forex Pairs: At FundedNext, traders can delve into the dynamic world of forex trading, where they can buy and sell currency pairs with ease. Whether it’s EUR/USD, GBP/JPY, or any other popular pair, you can trade confidently, knowing that the 1:100 leverage allows you to amplify your positions and potentially increase your profits.

Commodities: Diversification is key to a well-rounded trading strategy, and FundedNext makes it effortless by offering a range of commodities to trade. From precious metals like gold and silver to energy resources like oil and natural gas, traders can tap into these markets, taking advantage of leverage to magnify their trading potential.

Indices: Tracking the performance of entire markets is made simple with FundedNext’s index trading options. Invest in indices like the S&P 500, FTSE 100, or NASDAQ, and benefit from the flexibility of 1:100 leverage to optimize your trading strategies and capitalize on market movements.

Whether you’re a seasoned trader looking to expand your trading horizons or a newcomer seeking to explore different markets, FundedNext’s diverse selection of trading instruments, combined with generous leverage, creates an environment ripe for opportunity. Start trading with confidence and explore the world of forex pairs, commodities, and indices today with FundedNext.

Trading fees

Trading commission:

Comparison Between FundedNext and Other Prop Trading Firms

When comparing FundedNext to other proprietary trading firms in the industry, it becomes evident that FundedNext stands out due to its unique approach to funding models and trading rules. FundedNext offers four distinct funding models, including the Two-step Stellar, One-step Stellar, Evaluation, and Express, setting it apart from most other leading prop firms. These models are designed to accommodate a variety of trading styles and preferences while maintaining relatively straightforward and relaxed trading rules.

Example of comparison between FundedNext & Blue Guardian

Example of comparison between FundedNext & Alpha Capital Group

The Two-step Stellar challenge model at FundedNext presents traders with a two-phase funding challenge. In the first phase, traders are required to achieve an 8% profit target, followed by a 5% profit target in the second phase. This is accompanied by a 5% maximum daily loss rule and a 10% maximum loss rule. Notably, there are no maximum trading day requirements, but traders must actively trade for a minimum of 5 calendar days. This model also offers a scaling plan. Compared to other leading prop firms, FundedNext’s Two-step Stellar challenge model stands out for its relatively lower profit targets and absence of maximum trading day limitations.

For traders looking for a more streamlined approach, FundedNext’s One-step Stellar challenge model provides a one-phase evaluation program. Here, traders need to achieve a 10% profit target within the evaluation phase, with a 3% maximum daily loss rule and a 6% maximum loss rule. Similar to the Two-step Stellar model, there are no restrictions on maximum trading days, but traders must commit to trading for at least 5 calendar days. This model also offers a scaling plan and, compared to other prop firms, maintains competitive maximum loss rules and no maximum trading day restrictions.

Example of comparison between FundedNext & E8 Funding

FundedNext’s Evaluation model, on the other hand, features a two-phase evaluation program. Traders are required to reach a 10% profit target in the first phase and a 5% profit target in the second phase, accompanied by a 5% maximum daily loss rule and a 10% maximum loss rule. Similar to the previous models, a minimum of 5 trading days is required in each phase. The Evaluation programs also include a scaling plan, making them suitable for traders looking for moderate profit targets and minimum trading day requirements.

For traders seeking a faster path to funding, FundedNext offers the Express model accounts. This one-phase evaluation program requires traders to achieve a 25% profit target during the challenge phase, with a 5% maximum daily loss rule and a 10% maximum loss rule. Two variants of the Express model are available: Consistency and Non-consistency, each with specific trading restrictions. Traders must complete a minimum of 10 trading days, and there are no maximum trading day limitations. Additionally, the Express model accounts include a scaling plan, potentially allowing traders to access up to $4,000,000 in capital.

Education or Forum Support

FundedNext offers traders a choice between education and forum support, catering to the diverse needs of their trading community. When traders sign up for their free dashboard, they gain access to an educational gem – the Prop Trader Secrets pdf e-book. This valuable resource equips traders with essential knowledge and strategies to excel in the world of trading.

For those seeking not just knowledge but also mental fortitude, FundedNext conducts free trading psychology sessions every week via Twitter Space. These sessions provide insights and techniques to help traders navigate the emotional rollercoaster of financial markets.

But that’s not all. FundedNext recognizes the importance of community and discussion. To facilitate this, they have established a dedicated thread on Forex Factory. Here, traders can come together to share their experiences, ask questions, and delve into the nitty-gritty details of what FundedNext has to offer. It’s a space where traders can connect and learn from each other’s journeys.

Moreover, FundedNext understands the significance of effective risk management. To assist their clients in this aspect, they provide a user-friendly, well-structured dashboard. This dashboard empowers traders to keep a close eye on their statistics and objectives, enabling them to make informed decisions and manage risk effectively.

Payment Proof

FundedNext has disbursed over $39 million as payouts to more than 38,000 funded traders. They have a track record of fulfilling their payment commitments, providing proof of their reliability and transparency. Here are two screenshots of their payout proof:

Subscription & Profit Withdrawal Methods

FundedNext offers convenient Subscription & Profit withdrawal methods to ensure seamless transactions for traders. They provide various options for funding your trading account and withdrawing your profits, allowing traders to choose the method that suits their preferences.

Brokers That Are Used By FundedNext

FundedNext collaborates with reputable brokers to provide traders with access to the markets. They work with Eightcap as their broker, offering the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.

Traders Opinion

Traders’ opinions of FundedNext have been overwhelmingly positive. They appreciate FundedNext’s trader-centric approach, dedicated account managers for issue resolution, psychology sessions to enhance cognitive abilities, and a robust Discord and Dashboard community. Traders value the transparency, resources, and support provided by FundedNext. Here is a glimpse of some FundedNext clients:

Customer Support at FundedNext

FundedNext is dedicated to providing top-notch customer support to ensure that every user’s experience is smooth and hassle-free. Here’s how you can reach out to their support team:

• FAQ Page: FundedNext has a comprehensive FAQ page that covers a wide range of topics. Whether you have questions about account setup, investment options, or any other aspect of using the platform, you can find answers here.
• Email Support: For personalized assistance, you can contact FundedNext’s support team via email at support@fundednext.com. They are responsive and strive to address your inquiries promptly.
• Live Chat: Need immediate assistance? FundedNext offers a live chat support option that’s available 24/7. No matter the time, their team is ready to help you with any issues or questions you may have. Just click on the chat icon to start a conversation.

FundedNext is committed to ensuring that your investment journey is as seamless as possible. Whether you have a quick question or need more in-depth assistance, their customer support team is there to assist you every step of the way.

Final Thoughts

FundedNext stands out as a prop firm that prioritizes the success and growth of traders. With their innovative funding models, trader-centric approach, and commitment to building a supportive community, FundedNext offers a compelling opportunity for traders looking to excel in the Forex industry.