FundedNext went from launch in 2022 to one of the most reviewed prop firms in the world in about three years. It was started by a team with roots in Bangladesh, and many traders in our community know the name. It competes with FTMO on price and perks: lower fees, a share of profits from the challenge itself, and a payout guarantee. The trade-offs are a shorter track record, rules that change often, and the same strict ban on copying signals that every serious prop firm has.
What we like
- Fees comparable to or below FTMO, with frequent discounts
- 15% of challenge-phase profits paid with your first payout
- Advertised payout guarantee with compensation if late
- Tens of thousands of mostly positive Trustpilot reviews
- Several challenge types, including a cheaper Lite model
What to watch
- Only operating since 2022
- Rules and platforms change often
- Signal and group trading are banned
- Only 40% of profit counts around high-impact news
- Processing fee on payouts
FundedNext at a glance
2022 · CEO Abdullah Jayed · offices in Bangladesh, Sri Lanka, Malaysia and Cyprus
GrowthNext F.Z.E., Ajman, UAE · not a regulated broker
Stellar 2-Step, 1-Step, Lite and Instant
Around $549 for 2-Step — discounts are common
80–90% depending on model, up to 95% with add-ons
5% on 2-Step · 3% on 1-Step
10% on 2-Step · 6% on 1-Step
Crypto and Rise · advertised 24-hour processing guarantee
Futures challenges added in 2026
About 4.5–4.6 from tens of thousands of reviews
How FundedNext compares with FTMO
Most traders choosing a prop firm end up comparing these two. FTMO has the longer history and the stronger ownership. FundedNext competes on value.
| FundedNext | FTMO | |
|---|---|---|
| Founded | 2022 | 2015 |
| $100K 2-Step fee | About $549, often discounted | €540 |
| Phase 1 target | 8% | 10% |
| Daily / max loss (2-Step) | 5% / 10% | 5% / 10% |
| Starting split | 80%, plus 15% of challenge profits | 80% |
| Fee refund | Yes, once you pass | Yes, with first reward |
| Signal copying | Banned | Not allowed |
On paper, FundedNext’s 2-Step is a little easier: an 8% first target instead of 10%, and a bonus 15% of whatever you made during the challenge. FTMO’s advantage is ten years of paying traders and a group that now owns a regulated broker. Which matters more depends on how much you value price against track record.
The challenge models
| Model | Target | Daily / max loss | Starting split |
|---|---|---|---|
| Stellar 2-Step | 8%, then 5% | 5% / 10% | 80%, up to 90% |
| Stellar 1-Step | 10% | 3% / 6% | 90% |
| Stellar Lite | 8%, then 4% | 4% / 8% | 80% |
| Stellar Instant | No evaluation | — / 6% | 60% |
These figures come from late-2025 reviews of FundedNext’s published terms. FundedNext updates its models regularly, so check the current rule sheet on its website before you buy.
For most traders, the 2-Step is the sensible choice. The 1-Step’s 6% maximum loss and 3% daily limit leave very little room. Lite is cheaper, but its tighter limits make it harder to pass. Instant skips the evaluation but starts at a 60% split on small accounts, so you pay for the shortcut.
The rules that end challenges
The limits work the same way as at every prop firm. On a $100,000 2-Step account, a 5% daily limit means you can’t lose more than $5,000 in a day, including open trades.
$100,000 2-Step · daily limit $5,000 · max loss $10,000
Risk 1% per trade = $1,000
4 losses in a day: still inside the limit
Risk 3% per trade = $3,000
2 losses in a day: challenge over
Keep each trade at 1% or less, and stop for the day well before the firm’s limit. Our lessons on risk per trade and daily loss limits cover exactly this.
News trading
News trading is allowed, but on funded accounts, profits made within five minutes either side of a high-impact release only count at 40%, while losses count in full. In practice, trading the news on a funded account is a losing bargain. Close or avoid new trades around major releases.
Signals and copy trading
FundedNext lists signal trading and group trading among its prohibited practices. Copying is only allowed between your own accounts, within capital limits. Using Telegram Trade Linker or any other copier to follow a signal service on a FundedNext account risks having the account closed and payouts refused.
This isn’t unique to FundedNext. Prop firms want to fund individual traders, not thousands of accounts trading the same signals. If you follow our signals, do it on your own broker account. If you want a prop account, use our daily analysis and Trading Academy to build your own approach and trade it yourself.
Payouts: the strongest selling point
FundedNext advertises payouts processed within 24 hours, and says it adds $1,000 to your reward if it misses that. Payouts go by crypto, such as USDT and USDC, or through Rise. A processing fee of about 3.5% applies.
On the 2-Step, your first payout usually comes after 21 days, then every 14 days. With it you also receive 15% of the profit you made during the challenge. Payout Junction, which tracks prop firm payments, had verified more than $68 million in FundedNext payouts by September 2025.
FundedNext’s Trustpilot score sits around 4.5 to 4.6 from tens of thousands of reviews, one of the largest review bases of any prop firm. Most praise fast payouts. The complaints that do appear mostly concern slow support at busy times and accounts closed for rule breaches the trader disputes, which is why reading the rules matters so much.
Trust and what you’re buying
Like every prop firm, FundedNext is not a regulated broker. The company is registered in the UAE, the challenges and funded accounts use simulated capital, and rewards are paid from FundedNext’s own business. Your real risk is the fee.
The prop firm industry has seen sudden closures, and three to four years isn’t a long record. FundedNext’s large payout volume and review base are reassuring, but the sensible approach is the same as anywhere: withdraw profits regularly, and don’t leave a large unpaid balance sitting on a funded account. You can check FundedNext’s company details in our licence checker.
Who FundedNext suits — and who it doesn’t
A good fit if you…
- are consistent on your own account and want more capital
- want a lower fee and extra perks
- like the idea of earning from the challenge itself
- are comfortable receiving payouts in crypto or via Rise
- will read the current rule sheet line by line
Look elsewhere if you…
- want to copy signals or trade in a group
- trade high-impact news
- want the longest possible track record
- prefer bank transfer payouts
- are still learning — use a small real account first
How we scored FundedNext
4.6
4.5
4.5
4.2
4.0
3.7
Overall: 4.3 / 5. FundedNext offers some of the best value in prop trading, with real perks and a strong payout reputation. It scores below FTMO because its record is shorter and its rules and platforms change often enough that you have to re-check them every time you buy.
The bottom line
FundedNext is a serious, popular prop firm that gives traders a lot for the fee. For a trader who is already consistent, the 2-Step with its 8% target and 15% challenge profit share is one of the better deals available.
Just remember what a prop challenge is: a paid test of your own trading. Don’t copy signals into it, avoid trading around big news, keep risk at 1%, and read the current rules before you start. Do that, and FundedNext is worth a place on any shortlist.
Frequently asked questions
Is FundedNext legit?
Yes. FundedNext has operated since 2022, has tens of thousands of mostly positive Trustpilot reviews, and Payout Junction had verified more than $68 million in payouts by September 2025. Like all prop firms, it isn’t a regulated broker and uses simulated accounts.
How much does a FundedNext challenge cost?
A $100,000 Stellar 2-Step has been priced at around $549, with frequent discounts. Smaller accounts and the Lite model cost less. Prices change often, so check the current price on FundedNext’s website.
What is FundedNext’s 15% challenge profit share?
On the 2-Step and 1-Step, FundedNext pays you 15% of the profit you made during the challenge phase, together with your first payout from the funded account.
Can I copy signals on a FundedNext account?
No. FundedNext bans signal trading and group trading. Copying is only allowed between your own accounts. Don’t connect Telegram Trade Linker or any signal copier to a FundedNext account.
How fast does FundedNext pay?
FundedNext advertises payouts processed within 24 hours, with $1,000 added if it misses that. Payouts are made in crypto or through Rise, and a processing fee of about 3.5% applies.
FundedNext or FTMO — which is better?
FundedNext usually offers better value and more perks. FTMO has a longer track record and a group that owns a regulated broker. Consistent traders who want value often prefer FundedNext; those who prioritise history often prefer FTMO.
Prop firm challenges are paid evaluations on simulated accounts, and most attempts fail. Only pay a fee you can afford to lose. This review is for information only and is not financial advice. Our scores are not affected by any affiliate relationship. Rules and prices change often, so confirm current terms on FundedNext’s website before you buy a challenge.