FundedNext

FundedNext is rapidly gaining recognition as a premier forex proprietary trading firm.

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Abdullah Jayed

Abdullah Jayed

Chief Executive Officer

0 (0)
4.6 (45225)
🌍 United Arab Emirates 📅 Est. 2022 📊 MT4

About FundedNext

Established on March 18, 2022, FundedNext is a proprietary trading firm dedicated to offering traders a supportive environment through its dual funding models. With operations across the UAE, USA, UK, and Bangladesh, FundedNext provides traders with access to capital as high as $4,000,000, accompanied by profit sharing of up to 90%. The firm collaborates with Eightcap as its brokerage partner. The main offices of FundedNext are situated in the United Arab Emirates, specifically at AI Robotics HUB, C1 Building, AFZ, Ajman.

FundedNext presents traders with two distinct funding options: the Express model and the Evaluation model. Within the Express model, traders can opt for either the Consistency Express model or the Non-consistency Express model, whereas the Evaluation model unfolds in two stages.

In the Consistency Express model, traders navigate through a one-step evaluation with the advantage of no limit on the number of trading days and a leverage ratio of 1:100. This evaluation phase tasks traders with achieving a 25% profit target without surpassing a 5% daily loss limit or a 10% total loss limit. While there's no cap on trading days, traders are obligated to engage in trading for a minimum of 10 days each month, adhering to a consistency rule aimed at refining trading practices and securing steady profits until the profit goal is met.

Successful completion of the evaluation phase grants traders access to a funded account, removing the necessity to hit future profit benchmarks. Nonetheless, traders must continue to observe the 5% daily loss and 10% total loss limits, alongside the consistency rule, and maintain a trading frequency of at least 10 days per month. Initially, traders receive 60% of the profits, with an extra 15% bonus from profits earned during the evaluation. Following the first profit withdrawal, their share increases to 75%, and after the second withdrawal, it ascends to the ultimate profit split of 90%.

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