What is Funded Next?
Funded Next is the flexibility champion of prop trading firms. They offer three distinct market categories - Forex (Stellar plans), Futures, and CFDs - each with tailored account sizes and rules.
Founded in 2022, they've rapidly grown to over 50,000 funded traders and paid out more than $80 million. What makes them special? Copy trading is fully allowed, news trading is permitted, and you can choose challenges with different profit targets and splits.
Their profit split goes up to 95% on Stellar models, and they support MT4, MT5, cTrader, and their proprietary platform for futures trading.
Quick Facts
- •Profit Split: Up to 95% (Stellar models)
- •Markets: Forex (Stellar), Futures, CFDs
- •Forex Account Sizes: $5K - $200K
- •Futures Account Sizes: $25K - $100K
- •CFD Account Sizes: $2K - $20K
- •Copy Trading: Fully allowed
- •Platforms: MT4, MT5, cTrader, Proprietary
- •Payouts: Bi-weekly
Key Advantages
1. Multiple Market Categories
Unlike most prop firms that focus on one market, Funded Next offers three distinct categories:
- •Stellar (Forex): Multiple plans with up to 95% profit split
- •Futures: Express and Legacy challenges for futures traders
- •CFDs: Smaller accounts with trailing drawdown
2. Up to 95% Profit Split (Best in Class)
The Stellar models offer up to 95% profit split - among the highest in the industry.
Example: If you make $10,000 profit, you keep $9,500 instead of $8,000 with typical 80% split firms. That extra $1,500 per payout adds up significantly over time.
3. Copy Trading Fully Allowed
Funded Next is one of the only major prop firms that explicitly allows copy trading - both from your own accounts and from signal providers.
Perfect for traders who have a profitable strategy and want to scale across multiple accounts.
4. News Trading Allowed
Unlike many prop firms that restrict trading during high-impact news events, Funded Next allows news trading on all their challenge models. This gives you full flexibility to trade your strategy without restrictions.
5. Refundable Fees
On Stellar 2-Step and Stellar Lite models, your challenge fee is fully refundable with your first payout once you're funded. This reduces your overall risk significantly.
6. 15% Profit Bonus During Challenge
Unique to Funded Next, you can earn a 15% performance bonus starting from the challenge phase itself. This means you start earning before you're even fully funded.
Disadvantages & Limitations
1. Complex Choice of Plans
With multiple market categories and sub-plans (Stellar 2-Step, 1-Step, Lite, Futures Express, Legacy, CFDs), choosing the right plan can be overwhelming for beginners. Each has different rules, targets, and fees.
2. Stricter Drawdown on Some Plans
The Stellar 1-Step model has a 6% max drawdown with only 3% daily loss limit - stricter than most competitors. This requires very disciplined risk management.
3. Consistency Rule on Funded Accounts
The 40% consistency rule on funded accounts means your best day cannot exceed 40% of your total profit. This can be limiting for traders who have occasional big winning days.
4. Relatively New Firm (Founded 2022)
While they've paid out $80M+, Funded Next is still younger than established firms like FTMO (2015) or TopStep (2012). Less long-term track record.
Pricing Breakdown
Funded Next offers three market categories. Select below to see detailed pricing for each.
Stellar 2-Step Features
Challenge Models Comparison
Stellar 2-Step (Forex)
The most balanced option with 8% + 5% targets, 10% max drawdown, and refundable fees. Perfect for beginners and intermediate traders.
Best for: Conservative traders who want achievable targets with fee refund option.
Stellar 1-Step (Forex)
Single phase with 10% target, stricter 6% drawdown, but only 2 minimum trading days. First payout in just 5 days.
Best for: Confident traders who can hit targets quickly and manage tight drawdown.
Stellar Lite (Forex)
Lower cost entry with 8% + 4% targets and 8% max drawdown. Great value for traders on a budget.
Best for: Budget-conscious traders wanting lower entry cost with refundable fees.
Futures Express & Legacy
Specialized futures trading accounts with EOD-based drawdown, no daily loss limit, and no minimum trading days.
Best for: Futures traders who want flexible rules and one-time fee structure.
CFDs
Smaller account sizes ($2K-$20K) with trailing 6% drawdown. No consistency rule required.
Best for: Traders wanting smaller capital with simpler rules.
Trading Rules
Stellar (Forex) Rules
- Max Drawdown: 6-10% depending on plan
- Daily Loss: 3-5% depending on plan
- Min Trading Days: 2-5 days
- Consistency Rule: 40% on funded account
- News Trading: Allowed
- Weekend Holding: Allowed
Futures & CFD Rules
- Max Drawdown: EOD-based (Futures) / 6% trailing (CFD)
- Daily Loss: None
- Min Trading Days: None
- Consistency Rule: 40% (Futures) / None (CFD)
- News Trading: Allowed
- Weekend Holding: Allowed
Important: Consistency Rule
On funded accounts (Stellar & Futures), your best trading day cannot exceed 40% of your total profit. This prevents lucky one-day traders and ensures consistent performance. Plan your trades to spread profits across multiple days.
Success Strategies
1. Choose the Right Plan for Your Style
Don't just pick the cheapest option. Consider:
- •Conservative traders: Stellar 2-Step or Lite
- •Aggressive traders: Stellar 1-Step
- •Futures specialists: Express or Legacy
2. Plan for the Consistency Rule
On funded accounts, aim for consistent daily profits rather than big single-day wins. If your target is $4,000, don't make $2,000 in one day - spread it across at least 3-4 trading days.
3. Use the 15% Performance Bonus
Take advantage of Funded Next's unique 15% performance bonus during the challenge phase. This means you start earning before you're fully funded - don't rush through the challenge unnecessarily.
4. Respect the Drawdown Limits
The 1-Step model has only 6% max drawdown and 3% daily. Use proper position sizing - never risk more than 1-2% per trade. Set hard stop losses and stick to them.
MLS Score™ – Funded Next Rating
Our proprietary rating based on real trader data and performance metrics
Clear rules, good documentation
3 markets, multiple plans, copy trading
Up to 95% split, 15% bonus
News trading allowed, scaling available
Consistency rule on funded accounts
Best For:
- •Traders wanting multiple market options
- •Copy traders with proven strategies
- •Traders seeking high profit splits (95%)
- •News traders and swing traders
Avoid If:
- •Beginners overwhelmed by choices
- •Traders with inconsistent results
- •Those preferring established firms
- •Traders who have occasional big wins
Our Verdict
Funded Next is the most flexible prop firm on the market. With three market categories, multiple plan options, and up to 95% profit split, they cater to almost every trading style.
The copy trading allowance is a game-changer for traders with proven strategies. News trading is permitted, and the 15% performance bonus during challenges is unique in the industry.
The only drawbacks are the complex choice of plans and the strict consistency rule on funded accounts. But if you're a disciplined trader, Funded Next offers excellent value.
Looking for alternatives? For maximum prestige: FTMO (industry leader). For futures with 90/10 split: Apex Trader Funding. For instant funding: Take Profit Trader
Frequently Asked Questions
Which Funded Next plan should I choose?
For beginners, start with Stellar 2-Step or Stellar Lite for easier targets and refundable fees. Confident traders can try Stellar 1-Step for faster funding. Futures traders should choose Express or Legacy based on their trading style.
What is Funded Next's profit split?
Up to 95% on Stellar models (Forex) and 80% on CFDs. This is among the highest in the industry, especially considering the copy trading allowance.
Is copy trading allowed?
Yes, Funded Next explicitly allows copy trading from your own accounts or signal providers. You must disclose your setup during onboarding. This is unique among major prop firms.
What markets can I trade?
Funded Next offers Forex (Stellar plans), Futures (Express & Legacy), and CFDs. Each category has different account sizes, rules, and pricing.
Are the fees refundable?
On Stellar 2-Step and Stellar Lite, fees are fully refundable with your first payout. Stellar 1-Step and CFDs do not offer refunds.
What is the consistency rule?
On funded accounts (Stellar & Futures), your best trading day cannot exceed 40% of your total profit. This ensures consistent performance over time.
How fast can I get funded?
Stellar 1-Step requires only 2 minimum trading days. If you hit the 10% target quickly, you can be funded within a week. First payout is available after just 5 days.
Is Funded Next legitimate?
Yes, Funded Next is legitimate with 50,000+ funded traders and $80M+ paid out since 2022. They have transparent rules and support multiple professional trading platforms.
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