How Much Does FT5 Save You?

The table below shows the base Stellar 2-Step prices and what FT5 takes off at each size.

Prices verified July 4, 2026. Confirm at checkout before purchase as FundedNext updates pricing regularly.

The Margin Rule Removal: What It Means

FundedNext ran a 70% margin rule on funded accounts. If your combined open position margin exceeded 70% of your balance, you received a warning and your profit from those trades was deducted. A second violation reclassified you to 1% risk and 30% margin going forward.

That rule is now gone. Here is what the change covers:

XAUUSD Leverage Change (January 2026)

In January 2026, FundedNext cut gold leverage on Stellar 2-Step from 1:100 to 1:10 across both challenge and funded phases. This is still in effect as of July 2026.

Forex major pairs remain at 1:100 on Stellar 2-Step. Stellar 1-Step and Stellar Instant have their own leverage grids that differ from 2-Step on gold. If your strategy runs gold positions sized around the old 1:100 grid, recalculate before opening a new Stellar 2-Step account.

FundedNext runs four CFD challenge types and three Futures types. All CFD models have no time limit on challenge phases. All CFD challenge fees are refunded with the first funded payout, except Stellar Instant (which has no challenge phase).

CFD Challenge Comparison

Stellar 2-Step Pricing (Base, No Discount)

Stellar Lite: Cheapest Entry Point

Stellar Lite starts at $32.99 for a $5K account. This is the lowest entry price in the FundedNext CFD lineup and one of the cheapest in the industry for a two-phase evaluation. The trade-off is a lower daily loss limit (4%) and no 15% challenge phase reward. Stellar Lite does not include the challenge profit bonus paid on the 2-Step and 1-Step models.

The 15% Challenge Phase Reward

On Stellar 2-Step and Stellar 1-Step accounts, FundedNext pays 15% of your Phase 1 and Phase 2 profits as a bonus on top of your first funded withdrawal. You do not need to request it. It processes automatically.

On a $100K Stellar 2-Step account hitting both targets exactly, the math works out to roughly $1,950 in extra cash with your first funded payout. That alone covers most of the $549.99 challenge fee. No other major CFD prop firm runs an equivalent mechanic as of July 2026.

Stellar Instant: Skip the Challenge

Stellar Instant gives you a funded account from day one. No profit target. No daily loss limit. The only active limit is a 6% trailing maximum loss. This trailing drawdown rises with your equity until it reaches the starting balance, then becomes static.

Account sizes are capped at $5K, $10K, and $20K for Stellar Instant. Profit splits start at 60% and scale to 80%. Payouts are on-demand after reaching 5% account growth. There is no challenge fee to refund, so the cost structure differs from evaluation models.

FundedNext Futures Challenges

FundedNext runs three Futures products: Legacy, Rapid, and Bolt. All three are one-phase evaluations. The 40% consistency rule applies during the evaluation phase on Legacy, Bolt, and Flex: no single trading day can account for more than 40% of your total profits.

Legacy and Rapid do not apply the consistency rule on the funded phase. Rapid has the fastest payout cycle at every 3 days, with a minimum withdrawal of $250. Legacy payouts come every 5 winning days at a $500 minimum. All three pay 80% profit split. Payouts come via Rise, crypto, or bank wire.

Drawdown Calculation Method

Static drawdown means the maximum loss limit is set from your starting balance on day one and never changes. If you start a $100K Stellar 2-Step, your maximum loss limit is $10,000 (10% of $100K). It does not matter how much profit you make. The floor stays at $90,000.

This is more forgiving than trailing drawdown, where the floor rises as equity grows. Stellar Instant is the only model that uses trailing drawdown, and it stops trailing once it reaches the starting balance.

Daily Loss Limit: Real-Time, Not EOD

The daily loss limit on all Stellar CFD models is calculated from the initial balance of the phase, not from a moving daily equity figure. It includes closed and open P&L, swap, and commissions. The limit resets at 00:00 server time.

Breaching the daily loss limit closes the account immediately. There are no warnings. This is a hard cutout, not a soft limit.

3% Per-Trade Risk Limit on Funded Accounts

Once you hold a funded FundedNext account (Stellar 1-Step, 2-Step, or Lite), the following rules apply on all open positions:

No Consistency Rule

FundedNext CFD models do not apply a consistency rule on funded accounts. You can make 80% of your total profit in a single day without triggering a restriction or penalty. That puts it ahead of firms that cap single-day earnings at a fixed percentage of the account balance.

Settlement Window: 00:00 to 02:00 Server Time

FundedNext restricts certain trading strategies during the settlement window from 00:00 to 02:00 server time (GMT+2). Liquidity providers scale back during this window and price movements do not reflect genuine market conditions. Strategies that consistently profit during this period are treated as exploitative and face account termination. This is not a blanket trading ban, but strategies relying on settlement-window volatility are prohibited.

News Trading Rules

News trading is allowed during challenge phases across all CFD models. On funded accounts, trades placed within the designated news window have 40% of their profit deducted during the cycle review. Stellar Instant applies stricter deductions for trades during restricted news time.

News trading is not banned. But it comes with a haircut on funded accounts. Factor this into your position sizing before trading events like NFP or FOMC on a funded Stellar account. Full details are on the FundedNext general rules page.

Weekend Holding

Overnight and weekend holding is allowed on all CFD account types. Swap charges on non-swap-free accounts affect floating P&L and therefore your drawdown position. FundedNext offers a swap-free add-on at 10% extra on the base challenge fee.

Expert Advisors and Copy Trading

EAs are allowed on MT4 and MT5 as long as they do not exploit prohibited strategies. HFT, latency arbitrage, tick scalping, and grid martingale are all banned. Copy trading between your own FundedNext challenge accounts is allowed up to the combined capital limit. Copying between funded accounts or using third-party copy services is not permitted.

Available Platforms

Instruments and Leverage

Execution: FNMarkets and GrowthNext

FundedNext runs challenge and funded accounts through its own infrastructure: FNMarkets as the brokerage layer and GrowthNext as the MT5 server. Raw spreads start from 0.0 pips. Execution is STP-style with no dealing desk. Average order fill is under 50 milliseconds on the GrowthNext server. This setup replaced the previous third-party broker arrangement and gives FundedNext direct control over spreads and execution consistency.

Payout Schedule by Challenge Type

24-Hour Guarantee with $1,000 Compensation

FundedNext guarantees it will process every payout request within 24 hours. If the firm misses this deadline, it adds $1,000 to the trader’s account. This is not a marketing claim: it is a documented policy. FundedNext paid out $15.19 million in February 2026 alone, with 99.98% of transactions processed within 24 hours across 13,712 payouts. The average processing time is under 5 hours.

Payout Methods

Scale-Up Programme

FundedNext reviews funded account performance over four consecutive months. If you hit the growth target while respecting all risk rules, your account balance increases by 40% for the next cycle. The reward share on Stellar 2-Step and Stellar Lite rises from 80% to 90% after the first scale-up. Repeated scaling can push your allocation toward $4,000,000, subject to ongoing eligibility and compliance.

Challenge Fee Refund

The challenge fee is refunded with your first funded payout on all Stellar evaluation models. On Stellar Lite, the refund is paid with the third payout rather than the first. On Stellar Instant, there is no evaluation fee structure and therefore no refund mechanism.

Trustpilot: The Largest Review Sample in Prop Trading

FundedNext’s 72,340 reviews put it in a different category from every other prop firm on Trustpilot. FTMO sits at roughly 25,000 reviews. FundingPips at roughly 12,000. The5ers at roughly 8,000. FundedNext’s volume is nearly three times FTMO’s. A 4.5 average at that scale is hard to manufacture. Read the full review distribution directly on the FundedNext Trustpilot page.

The most common positive themes are fast payouts (average under 5 hours), 24-hour guarantee with $1,000 compensation, and responsive live chat. Recurring negatives include slippage on funded accounts compared to challenge accounts, accounts terminated close to payout requests, and spread widening around major news events.

Company Registration

FundedNext is not a regulated financial broker. This is normal for prop firms. They provide simulated trading environments for evaluation and do not hold client funds for financial trading. Prop firms are not required to hold regulatory licenses in most jurisdictions. The absence of a financial license is not a red flag on its own.

Awards and Industry Recognition

FundedNext won Prop Firm of the Year at the Finance Magnates Africa Summit 2025. It also appeared on the Deloitte Technology Fast 50 list and received the Highest Verified Payout Amount award. These are third-party recognitions, not self-granted badges. External bodies giving a prop firm a verified payout award at this scale matters.

Total Payout History

FundedNext has paid out $306.9M+ to 93,000+ individual traders since March 2022. As of February 2026, the firm was processing $15.19M per month across 13,712 transactions. That monthly figure and transaction count are among the highest in the industry by verified data. A firm paying at that volume and frequency is not one quietly avoiding payouts.

FundedNext launched FNMarkets, its own brokerage platform, in 2025 and 2026. FNMarkets runs on MT5 with STP execution, raw spreads from 0.0 pips, and the same GrowthNext server infrastructure used for funded accounts. It targets traders who want to trade personal capital after the prop firm experience.

That matters. Before FNMarkets, FundedNext relied on third-party brokers for execution. Now it owns the full stack: challenge infrastructure, execution environment, payout processing, and brokerage. This cuts the operational risk that comes from depending on external liquidity providers.

FNMarkets is not a requirement for challenge traders. You can take a FundedNext challenge on MT4, MT5, cTrader, or Match-Trader without any connection to FNMarkets. It is a separate product for traders who want personal capital trading inside the FN ecosystem.

When to Pick FundedNext

FundedNext is the better pick if you want the most independently verified payout track record, a guaranteed 24-hour payout SLA, or the 15% challenge phase bonus that partially offsets your challenge fee before you reach the funded stage. The no-time-limit structure and static drawdown also make it more forgiving than FTMO for traders who need to work at their own pace.

When to Pick FTMO

FTMO has a longer operating history (since 2015 vs FundedNext’s 2022). If you trade XAUUSD with high leverage and want to stay on 1:100, FTMO’s Classic model is a better fit than FundedNext Stellar 2-Step right now. FTMO’s $400K max account size is also double FundedNext’s $200K CFD ceiling.

When to Pick FXIFY

FXIFY suits traders who want a simpler two-phase evaluation without a consistency rule, at a lower entry price than FTMO. FXIFY’s payout history is smaller than FundedNext’s, but its rule set has fewer edge cases. For traders who want predictable bi-weekly payouts and a clean evaluation, FXIFY is a reasonable alternative. See the best prop firms page for a full comparison.

Who Should Look Elsewhere

FundedNext is not ideal if you trade XAUUSD on Stellar 2-Step and need leverage above 1:10. The January 2026 leverage change cut the gold ceiling on that model. Check Stellar 1-Step or Stellar Instant if gold trading is a core part of your strategy. Also avoid FundedNext if you run HFT, latency arbitrage, or tick scalping. These are explicitly banned and will result in account termination without payout.