FundedNext Stellar Lite Accounts
FundedNext announces some fantastic enhancements to the popular Stellar Lite Package. Committed to continuously improving the trading experience, FundedNext has introduced two major updates that traders will love.
Revamped Payout Schedule
Timely payouts are crucial for traders, and FundedNext has great news on this front. The Stellar Lite payout schedule has been revamped, allowing traders to receive their first payout in just 21 days, down from the previous 30 days.
Introducing the Stellar Lite $100k Account
Listening to trader feedback, FundedNext introduces the new $100k Stellar Lite account. This new account option gives traders more flexibility and the potential to earn more. It allows for larger trades and greater earning opportunities, reflecting FundedNext’s commitment to putting traders first.
Stellar Lite Challenge Overview
The Stellar Lite Challenge involves two phases to qualify for a proprietary trading funded account. Investors can choose from four account sizes, with a maximum total funding of $50,000.
Phase One:
- Profit Target: 8%
- Daily Drawdown: Up to 4%
- Overall Drawdown: Up to 8%
- Minimum Trading Days: 5
- No limit on the maximum number of trading days
Phase Two:
- Profit Target: 4%
- Drawdown Conditions: Same as Phase One
- Minimum Trading Days: 5
Funded Account Phase:
- No specific profit targets
- Daily Drawdown: Up to 4%
- Overall Drawdown: Up to 8%
- Minimum Trading Days: 5
Advancement through these phases grants a 100% refundable fee after the third payout. The first withdrawal is possible after 28 days, with subsequent withdrawals available every two weeks. The profit split starts at 80/20 and is scalable to 90/10. Additionally, traders can select a 95% lifetime payout add-on for an additional 20% fee.
