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Funded Next is a new forex prop firm coming onto the scene. They allow traders to command up to $300k in account funding, and they offers to their newly funded traders the largest percent payout from just completing an evaluation with them.
FundedNext is an international forex proprietary platform, with registered and operational offices in multiple countries including UAE, USA, UK, and Bangladesh.
Next Ventures
UAE (Global HQ)
Office no. 7, AI Robotics HUB, C1 Building,
AFZ, Ajman, United Arab Emirates
Dhaka (Operations HQ)
Green Orlando (7th Floor), Plot#KA 42-4,Pragati Sharani, Dhaka-1229, Bangladesh
Dhaka Office - 2
10th Floor, Janata Tower, Software Technology Park, 49 Kawran Bazar Road, Dhaka 1215, Bangladesh
US (Regional Office)
2055 Limestone Rd STE 200-C WILMINGTON, DE 19808, United States Of America
Funded Next offers an evaluation and express funding option. This funded account option is extremely unique in the fact this proprietary trading firm will also pay 15% profits off just their account evaluations! One thing unique about their evaluation account options is they are the only proprietary trading firm that calculates drawdown based upon balance and not equity.
| Step 1 - Evaluation | Step 2 - Verification | Step 3 - Funded Trader | |
|---|---|---|---|
Leverage | 1:100 | 1:100 | 1:100 |
Trading Period | 30 Days | 60 Days | Indefinite |
Minimum Trading Days | 10 Days | 10 Days | X |
Maximum Daily Loss | 5% | 5% | 5% |
Maximum Loss | 10% | 10% | 10% |
Profit Target | 10% | 5% | X |
Scaling | 40% After 4 Months of Hitting 10% Consecutively! | ||
Refundable Fee | 100% + 15% Profits from Evaluation Phases | ||
Funded Next evaluation accounts are offerred with no consistency rules, rather standard draw down numbers but unique in the industry with their offer of paying the trader 15% profits earned off their evaluation! As far as profit splits for funded traders in the evaluation program, they start at 80% and work there way upto 90% based upon performance.
| Step 1 - Evaluation | Step 2 - Funded Trader | |
|---|---|---|
Leverage | 1:100 | 1:100 |
Trading Period | Unlimited | Indefinite |
Minimum Trading Days | 10 Trading Days | X |
Maximum Daily Loss | 5% | 5% |
Maximum Loss | 10% | 10% |
Profit Target | 25% | X |
Scaling | 40% After 4 Months of Hitting 10% Consecutively! | |
Refundable Fee | 100% + 15% Profits from Evaluation Phases | |
Funded Next express accounts come with the down side of being restricted by consistency rules and higher than normal profit target. Furthermore, upon initially obtaining the account you will only receive 60% profit splits and slowly work your way up to 90% based upon performance. However, making them unique amongst the industry is their no time limit for reaching the traders profit target and still paying out 15% of profit upon completion of the evaluation!
Little is known about this firm, however they have come splashing onto the scene sporting their great support team, and the CEO has even interviewed with world famous cricket player Chris Gayle.
Funded Next uses EightCap exclusively as their trading platform offerred to their traders As far as their trading terminal, they offer the world class industry MetaTrader 4 platform.
