FundedNext

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 last verified August 2, 2026. Confirm at checkout before purchase as FundedNext updates pricing regularly.

The 70% Margin Usage Rule Is Still Active

FundedNext's live rules page lists excessive margin usage of 70% or more cumulative across open positions as gambling-style behavior, grouped with overleveraging, all-in position sizing, and reactive trades placed without analysis. This is enforced as a rule violation, not a soft warning that expired. If you run high margin utilization as a strategy, this is still something to plan around.

XAUUSD Leverage: No Special Cut, It's Bucketed With Commodities

FundedNext's published Symbols & Conditions rules don't carry a gold-specific leverage line. Gold sits in the general Commodities bucket alongside oil and silver. On Stellar 2-Step and Stellar Lite, that's 1:25 during the challenge phase and 1:15 once funded. It's the same rate as every other commodity, not a gold-only 1:10 cap. Stellar 1-Step runs commodities at 1:15 challenge / 1:10 funded, and Stellar Instant at 1:7.5.

Forex majors run 1:100 on Stellar 2-Step and Lite (challenge and funded), and 1:30 on Stellar 1-Step and Stellar Instant. Confirm current rates on FundedNext's own Symbols & Conditions page before sizing a gold position, since leverage grids do get revised.

FundedNext runs four CFD challenge types and three Futures types. All CFD models have no time limit on challenge phases. Challenge fees are refunded as a reward: Stellar 2-Step refunds on the first funded payout, Stellar 1-Step and Stellar Lite on the third, and Stellar Instant has no challenge fee to refund since it skips the evaluation entirely.

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 a 15% challenge phase reward on top of your standard reward share. Per FundedNext's own general rules, this is credited after your first scale-up, not with your first funded withdrawal. Budget for it as a mid-term bonus once you've cleared a scaling milestone, not as cash that lands the moment you pass.

The exact payout depends on your profit during both challenge phases and the terms in effect at the time of your scale-up, so treat any dollar figure as an estimate rather than a guarantee. 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's current Futures lineup is Flex, Legacy, and Rapid, all one-phase evaluations. The older Bolt challenge has been retired and is no longer sold to new traders; if you see it referenced elsewhere, it's stale. The 40% consistency rule applies during the evaluation phase on Legacy 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, with rewards available every 3 days. Legacy payouts come every 5 winning days. Flex uses an end-of-day trailing drawdown and offers a 90% profit split as a paid add-on. Confirm current pricing, sizes, and payout minimums on FundedNext's own Futures page, since this side of the product line has changed more than once in 2026.

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 with no restrictions on when or how you trade, including during challenge phases. On funded accounts and Stellar Instant, profits made inside the news window count at only 40%, and losses inside that same window count at the full 100%. The news window itself is narrow: 5 minutes before and 5 minutes after a listed high-impact event tied to the symbol you're trading.

News trading is not banned, and the asymmetry cuts both ways: you keep less of a win but eat the full loss if the trade goes against you inside that 5-minute window. 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 only, and each requires its own paid add-on to activate. It's not switched on by default. cTrader and Match-Trader don't support automated trading at all. HFT, latency arbitrage, tick scalping, and grid martingale are all banned regardless of platform.

Copy trading is allowed only between accounts you personally own, and only between Challenge accounts of the same type (or between your own Stellar Instant accounts). A Funded Account can't be on either side of a copy relationship. Third-party copier services and copying with friends, family, or hired account managers are prohibited in any direction.

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

*FundedNext restructured its Futures lineup in July 2026 (Flex replaced Bolt; Rapid split into Rapid Pro and Rapid Daily variants), and these per-cycle figures haven't been reverified against that new structure. Confirm current minimums and cadence on FundedNext's own Futures page before relying on these numbers.

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 across 13,712 payouts. FundedNext's own homepage currently lists a 40-hour average processing time, above the 24-hour guarantee threshold. If you're relying on same-day payouts, check the live average on FundedNext's site before assuming it lands under 24 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

Stellar 2-Step refunds the challenge fee with your first funded payout. Stellar 1-Step and Stellar Lite both refund it with your third payout instead. This changed for Stellar 1-Step as of January 12, 2026, so if you're reading older claims that 1-Step refunds on the first payout, that only applies to accounts purchased or reset before that date. On Stellar Instant, there is no evaluation fee structure and therefore no refund mechanism.

Trustpilot: The Largest Review Sample in Prop Trading

FundedNext's 72,000+ 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, the 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 gold or other commodities and want higher leverage than FundedNext's 1:25/1:15 commodities rate on Stellar 2-Step, FTMO's 1:100 across the board is a better fit. 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 your strategy runs high cumulative margin usage. The 70%+ threshold is enforced as a gambling-style violation, not a soft warning, and it applies regardless of account model. Also avoid FundedNext if you run HFT, latency arbitrage, or tick scalping. These are explicitly banned and will result in account termination without payout.