FundedNext
Dubai-based prop firm offering funded accounts up to $200K through 1 and 2-phase challenges with up to 90% profit splits and profit-sharing during evaluation.
Quick Facts
- Starting Price
- $49/mo
- Free Tier
- No
- Founded
- 2022
- Company
- FundedNext Ltd
FundedNext Overview
FundedNext is a rapidly growing proprietary trading firm headquartered in Dubai, UAE, providing traders with access to funded accounts ranging from $6,000 to $200,000. Founded in 2022, the firm quickly distinguished itself in the prop trading space by offering a unique incentive: profit-sharing during the evaluation phase itself, not just after a trader is funded—an uncommon benefit that makes the challenge worthwhile even if a trader doesn't pass.
The platform offers two primary challenge models: the Stellar Challenge (2-phase evaluation) and the Express Challenge (1-phase evaluation with faster but pricier entry). Profit splits start at 80% and can scale up to 90% as performance improves. Through FundedNext's scaling program, successful traders can grow their allocated capital up to $4 million, making it one of the more generous scaling paths among retail prop firms.
FundedNext supports trading across forex pairs, commodities, major indices, and select cryptocurrencies via MetaTrader 4 and MetaTrader 5. The firm permits expert advisors and automated trading strategies, making it a strong option for algorithmic traders. Risk rules are clearly defined—typically a 5% maximum daily loss and 10% maximum overall drawdown—and the trader dashboard provides straightforward performance analytics to track progress against targets.
The firm has cultivated an active Discord community and provides educational resources for developing traders. While FundedNext lacks the multi-year reputation of older prop firms, its combination of competitive challenge pricing, evaluation profit-sharing, high splits, and EA-friendly rules has earned it strong community standing. It is best suited for experienced forex and multi-market traders who want institutional capital with a modern, transparent evaluation structure.
FundedNext Pricing
Stellar $6K
$4.08/mo billed yearly
- ✓ $6,000 funded account
- ✓ 2-phase evaluation
- ✓ Up to 90% profit split
- ✓ 10% Phase 1 profit target
- ✓ 5% Phase 2 profit target
- ✓ 5% max daily loss
- ✓ 10% max overall loss
Stellar $15K
$8.25/mo billed yearly
- ✓ $15,000 funded account
- ✓ 2-phase evaluation
- ✓ Up to 90% profit split
- ✓ Profit sharing during evaluation
- ✓ 5% max daily loss
- ✓ 10% max overall loss
Stellar $25K
$16.58/mo billed yearly
- ✓ $25,000 funded account
- ✓ 2-phase evaluation
- ✓ Up to 90% profit split
- ✓ Profit sharing during evaluation
- ✓ 5% max daily loss
- ✓ 10% max overall loss
Stellar $50K
$24.92/mo billed yearly
- ✓ $50,000 funded account
- ✓ 2-phase evaluation
- ✓ Up to 90% profit split
- ✓ Profit sharing during evaluation
- ✓ EA and automated trading allowed
- ✓ 5% max daily loss
- ✓ 10% max overall loss
Stellar $100K
$45.75/mo billed yearly
- ✓ $100,000 funded account
- ✓ 2-phase evaluation
- ✓ Up to 90% profit split
- ✓ Profit sharing during evaluation
- ✓ Scaling plan up to $4M
- ✓ 5% max daily loss
- ✓ 10% max overall loss
Stellar $200K
$83.25/mo billed yearly
- ✓ $200,000 funded account
- ✓ 2-phase evaluation
- ✓ Up to 90% profit split
- ✓ Profit sharing during evaluation
- ✓ Scaling plan up to $4M
- ✓ 5% max daily loss
- ✓ 10% max overall loss
Features
Pros & Cons
Pros
- + Profit sharing during evaluation phases before being fully funded
- + Up to 90% profit split with scaling to $4 million in capital
- + Allows expert advisors and fully automated trading strategies
- + Competitive one-time challenge fees across six account sizes
- + Transparent rules with a clear, easy-to-read performance dashboard
Cons
- - Founded in 2022, limited long-term track record compared to established firms
- - No free trial or demo evaluation available before purchasing a challenge
- - Customer support can be slow during high-demand periods
- - Fewer tradable instruments than some multi-asset prop firm competitors
Rating Breakdown
Overall Rating
Key Takeaways
- ✓ Profit sharing during evaluation phases before being fully funded
- ✓ Up to 90% profit split with scaling to $4 million in capital
- ✓ Allows expert advisors and fully automated trading strategies
- ✓ Competitive one-time challenge fees across six account sizes
- ✓ Transparent rules with a clear, easy-to-read performance dashboard
- ★ Rated 4.2/5 — best for forex traders seeking funded institutional capital, algorithmic and EA-based traders, traders who want evaluation profit sharing, experienced traders looking to scale to large accounts
- $ Starts at $49/month
TL;DR
FundedNext is a prop trading firms tool rated 4.2/5, best suited for forex traders seeking funded institutional capital and algorithmic and EA-based traders and traders who want evaluation profit sharing and experienced traders looking to scale to large accounts. Plans start at $49/month. Profit sharing during evaluation phases before being fully funded and up to 90% profit split with scaling to $4 million in capital.
FundedNext Guides
Compare FundedNext
FundedNext Rankings
Similar Tools
FTMO
The most established proprietary trading firm offering funded accounts up to $200K after a two-phase evaluation, with 90% profit splits.
Topstep
Veteran futures prop firm with a structured Trading Combine evaluation, risk management coaching, and funded accounts up to $150K.
The5ers
Forex-focused prop firm with scaling up to $4M, multiple program types, and profit splits up to 100%.