Review · Funded trading

FundedNext review 2026: fees, referral code and key features

A prop-trading firm offering simulated evaluation challenges in CFDs (the Stellar models) and futures. 2-Step from $59.99, an 80% reward share with room to grow, and no time limit to hit the targets. The TradeVenn referral code gives 5% off the first purchase. Passing the evaluation or receiving a reward is not guaranteed, and acceptance of Israeli residents has not been explicitly confirmed.

How we review

FundedNextFunded trading
Stellar 2-Step challenge price, from
59.99 USD
Stellar 2-Step price, 25,000 USD account
199.99 USD
Stellar 2-Step price, 50,000 USD account
299.99 USD
Stellar 2-Step price, 100,000 USD account
549.99 USD

See costs and terms

Visit the official FundedNext website · Opens in a new tab

No extra cost to you · opens the official FundedNext site

About our commercial links

Referral code: 5% off your first purchase

Some programs use simulated trading. Paying an evaluation fee does not guarantee funding or a payout.

Funded trading

Some programs use simulated trading. Paying an evaluation fee does not guarantee funding or a payout.

What the service is and is not

FundedNext is a funded trading program with simulated trading (funding challenge, futures track); it is not a broker, and the participation fee does not open a trading account.

Products and tracks

  • FundedNext Stellar (CFD)

    Stellar 2-Step, 1-Step, Lite and Instant simulated CFD challenges.

    Israel: Not verifiedIsrael is not on the restricted lists (sections 5.3 and 5.4); no explicit confirmation.

  • FundedNext Futures (Flex, Legacy, Rapid)

    Futures challenges with dollar profit targets and an end-of-day maximum loss.

    Israel: Not verifiedThe futures list (section 5.4) is longer; Israel is not on it, with no explicit confirmation.

Who it suits

Who it suits

  • Suits traders who want a relatively low-cost two-step challenge with no time limit and the fee refunded with the first reward.
  • Suits traders who prefer crypto rewards (USDT or USDC) from $20.

Who it suits less

  • Less suited to traders who run an EA on a $50,000 account or larger: trading there is manual only.
  • Less suited to traders who need wide loss room on 1-Step: a 3% maximum daily loss and 6% overall.

Before you choose

Before opening an account, check the servicing legal entity, account type and costs for your plan.

Program status: Simulated trading. Paying a participation fee and passing an evaluation do not guarantee a payout.

Scores and comparison methodology

No numeric score has been published. Compare the terms themselves; the absence of a score is not a quality assessment.

Costs and service terms

Type of program reviewed
simulated CFD and futures evaluation

According to the site, all trading takes place in a demo environment with virtual capital, and FundedNext is not a broker.

Stellar 2-Step challenge price, from
59.99 USD

List price for a $6,000 account. Up to $1,099.99 for a $200,000 account.

Stellar 2-Step price, 25,000 USD account
199.99 USD
Stellar 2-Step price, 50,000 USD account
299.99 USD
Stellar 2-Step price, 100,000 USD account
549.99 USD
Stellar 1-Step price, 25,000 USD account
219.99 USD
Stellar Lite price, 10,000 USD account
59.99 USD
2-Step profit target, phase 1
8 %
2-Step profit target, phase 2
5 %
2-Step maximum daily loss
5 %
2-Step maximum loss
10 %

Static, from the starting balance.

1-Step profit target
10 %
1-Step maximum daily loss
3 %
1-Step maximum loss
6 %

Static.

Trader reward share
80 %

Base share on Stellar 1-Step, 2-Step and Lite. 90% after meeting the Scale-Up conditions. Profits are simulated and the reward is not guaranteed.

Challenge fee refund
2-Step: with the first reward. 1-Step and Lite: at the third reward. Instant: no refund.

No total cost is calculated here: that requires a usage scenario, currency and every relevant cost component.

Join FundedNext · Opens in a new tab

Trading program rules

Check which plan and program stage each figure applies to.

Evaluation stages
2
Program profit target
8 %
Daily loss limit
5 %
Overall loss limit
10 %
Drawdown method
Static
Account type
Simulated

Products, platforms and deposits

Trading types
CFD challenges: Stellar 2-Step, 1-Step, Lite and Instant. Futures challenges: Flex, Legacy and Rapid. Forex, indices, commodities, 9 crypto pairs and 20 stocks.
How rewards are paid
USDT (ERC20/TRC20), USDC, Confirmo, RiseWorks, bank transfer or card. Minimum request $20.

An approved identity verification (KYC) is required before any reward.

Documented platforms

  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • Match-Trader

Currencies in this record

No verified currency list has been published.

A currency listing does not guarantee fee-free deposits, withdrawals or conversion.

Advantages and drawbacks

Advantages

  • No time limit to hit the Stellar challenge targets.
  • On 2-Step the challenge fee is refunded with the first reward.
  • Trader reward share: 80% base, 90% after Scale-Up.
  • Four CFD models and three futures models, from $2,000 to $200,000 accounts.
  • Four trading platforms: MetaTrader 4, MetaTrader 5, cTrader and Match-Trader.
  • The TradeVenn referral code gives 5% off the first purchase.

Drawbacks

  • EAs are allowed only on MT4/MT5, on accounts under $50,000 and for an extra fee
  • $100,000 and $200,000 accounts are not available on cTrader or Match-Trader
  • One code per purchase: the referral discount does not combine with another coupon

This is not a complete review, a recommendation or a personal suitability assessment; check licensing and terms yourself before opening an account.

FundedNext vs other funded trading providers

★ Lowest figure in the row. “Not published” means the provider has not published a comparable figure.

Figure
FundedNextThis review
FTMO
Initial and recurring cost
Participation fee (from)
59.99 USD

List price for a $6,000 account. Up to $1,099.99 for a $200,000 account.

89 EUR

Starting price for the smallest account. The price rises with account size, up to a 200,000 USD account.

2-Step 25K price
199.99 USD
Not published
2-Step 50K price
299.99 USD
Not published
2-Step 100K price
549.99 USD
Not published
1-Step 25K price
219.99 USD
Not published
Lite 10K price
59.99 USD
Not published
Evaluation terms
Evaluation stages
2 ★
2 ★
Profit target (phase 1 / 2-Step)
8 % ★
10 %

Of initial capital; minimum 4 trading days

Phase 2 profit target
5 % ★
5 %

Of initial capital; minimum 4 trading days

★
1-Step profit target
10 % ★
10 %

Of initial capital; single phase

★
Loss limits
Maximum daily loss (2-Step)
5 % ★
5 %

Of initial capital, both phases

★
Maximum overall loss (2-Step)
10 %

Static, from the starting balance.

★
10 %

Static, of initial capital

★
Maximum daily loss (1-Step)
3 % ★
3 %

Of initial capital

★
Maximum overall loss (1-Step)
6 %

Static.

★
10 %

Of initial capital

Drawdown method
Static
Static
Payout rules
Profit share
80 %

Base share on Stellar 1-Step, 2-Step and Lite. 90% after meeting the Scale-Up conditions. Profits are simulated and the reward is not guaranteed.

★
80 %

Rises to 90% when Scaling Plan or Premium Programme conditions are met. 1-Step: 90%. The profit is simulated and the reward is not guaranteed.

★
First payout
Not published
14 days

From the 14th day after the first trade on the FTMO Account, subject to the rules.

Resets and extra fees
Fee refund
2-Step: with the first reward. 1-Step and Lite: at the third reward. Instant: no refund.
2-Step: fee refunded with the first Reward withdrawal; 1-Step: fee not refunded

One-time fee, no recurring fees

Simulated or live
Simulation scope
simulated CFD and futures evaluation

According to the site, all trading takes place in a demo environment with virtual capital, and FundedNext is not a broker.

simulated CFD evaluation

This record concerns evaluation and simulated-trading services. It must not be applied to every company in the group or to a separate futures product.

Simulated or live
Simulated trading
Simulated trading
Referral or coupon code
No code
Go to provider
Visit FundedNext · Opens in a new tab
Visit FTMO · Opens in a new tab
Review · FTMO

More providers in Funded trading

How to sign up with FundedNext

Understand the terms before you continue

Guides and terms: Funded trading

General explanations to help you read the terms. They do not verify eligibility or provider facts and are not recommendations to act.

How we assess sources and missing information

FundedNext

Stellar 2-Step challenge price, from
59.99 USD
Stellar 2-Step price, 25,000 USD account
199.99 USD

Check the current terms before signing up or paying.