Reviews on Top Prop Firms

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Funded Next is a relatively new prop firm, incorporated on March 18, 2022. It is headquartered in Ajman, United Arab Emirates.

New and Emerging Proprietary Trading Firm
Transparent Funding Programs
Straightforward Rules
Account Scaling Opportunities
Attractive Profit Splits

FundedNext has emerged as a dependable and newer entrant in the world of proprietary trading, offering traders a versatile selection of models to choose from: Two-step Stellar, One-step Stellar, Evaluation, and Express. What sets them apart is their commitment to clear and unambiguous trading rules, making it accessible and straightforward for traders.

Two-step Stellar Challenge Model Accounts: This model requires traders to complete two phases before achieving funding and profit split eligibility. Profit targets of 8% in phase one and 5% in phase two align perfectly with practical trading goals. The 5% maximum daily and 10% maximum loss rules ensure responsible trading. Traders can earn profit splits ranging from 80% to 90% and have the option to scale their accounts for added potential.
One-step Stellar Challenge Model Accounts: Traders in this model need to complete a single phase to secure funding and profit split eligibility. With a profit target of 10%, it mirrors achievable trading objectives. The 3% maximum daily and 6% maximum loss regulations provide a balanced environment. Profit splits range from 80% to 90%, and traders have the capacity to scale their accounts.
Evaluation Model Accounts: Operating within the industry-standard two-phase challenge structure, this model mandates the fulfillment of both phases to acquire funding and profit split eligibility. Profit targets of 10% in phase one and 5% in phase two align with practical trading goals. The 5% maximum daily and 10% maximum loss rules ensure responsible trading. Traders can access profit splits ranging from 80% to 90% and have the flexibility to scale their accounts.
Express Model Accounts: The Express model simplifies the challenge into a one-step format, requiring the completion of a single phase to gain funding and profit split eligibility. A profit target of 25% maintains a balanced approach, with the 5% maximum daily and 10% maximum loss rules in place. Traders can choose between Consistency and Non-consistency Express model accounts to match their trading approach. With a minimum of 5 calendar days of trading and no maximum trading days limitations, traders can accumulate profits at their own pace. Profit splits range from 60% to 90%, and scaling options are available.

In conclusion, FundedNext stands out as a newer and reliable proprietary trading firm, offering diverse models such as Two-step Stellar, One-step Stellar, Evaluation, and Express, all accompanied by transparent and straightforward trading rules.

Two-step Stellar Challenge Model:
– Two phases with profit targets of 8% in phase one and 5% in phase two.
– Realistic objectives with 5% maximum daily and 10% maximum loss rules.
– Earn 80% to 90% profit splits and the ability to scale accounts.

One-step Stellar Challenge Model:
– Single phase with a 10% profit target.
– Realistic objectives with 3% maximum daily and 6% maximum loss rules.
– Earn 80% to 90% profit splits and the ability to scale accounts.

Evaluation Model:
– Industry-standard two-phase challenge with profit targets of 10% in phase one and 5% in phase two.
– Realistic objectives with 5% maximum daily and 10% maximum loss rules.
– Earn 80% to 90% profit splits and the ability to scale accounts.

Express Model:
– One-step challenge with a 25% profit target.
– Choose between Consistency and Non-consistency Express model accounts.
– Minimum 5 calendar days of trading with no maximum trading days.
– 5% maximum daily and 10% maximum loss rules apply.
– Earn 60% to 90% profit splits and the ability to scale accounts.

I wholeheartedly recommend FundedNext to traders seeking a legitimate prop firm with straightforward rules and achievable trading objectives. Despite being a newer entrant in the industry, FundedNext has demonstrated credibility and security in their offerings, establishing themselves as a trustworthy option for capital acquisition. Their appealing conditions cater to a diverse range of traders with unique strategies. After a comprehensive evaluation of FundedNext’s features, it’s evident that they hold a prominent position as one of the leading proprietary trading firms in the current landscape.

Extensive 2.5-year development period underscores commitment to quality.
Impressive Trustpilot rating of 4.7/5 highlights a strong track record in customer satisfaction.
Pioneered a proprietary MT5 Server, “GrowthNext Server,” showcasing technological innovation.
Immediate Phase 1 & Phase 2 account access for swift evaluation.
Unlimited evaluation retries for a supportive approach to trader success.
Substantial maximum balance cap of $4,000,000 accommodates diverse trading sizes.
Balance-based drawdown approach ensures responsible risk management.
No time limits for evaluation periods, offering time freedom.
Competitive profit split of 15% during evaluation, with potential for up to 90% profit split.
Commitment to profit sharing even in the event of an account breach.
No restrictions on trading styles promote a creative trading environment.
Allows overnight and weekend position holding for strategic trading.
Offers scaling account options to support traders’ growth.
Favorable leverage of 1:100 and swap-free accounts with raw spreads.
Wide range of trading instruments including forex pairs, commodities, and indices.
No commission costs on indices, providing a cost advantage for index traders.
Free access to trading psychologists for comprehensive trader support.

Requires a minimum of 5 trading days, limiting flexibility for some traders.
Express model accounts don’t allow news trading, impacting traders who rely on this strategy.
Enforces a consistency rule for Express model accounts, posing an additional challenge for traders aiming for consistent performance.