FundedNext Evaluation model breakthrough

FundedNext is one of the newest legitimate proprietary trading firms in the industry that is offering traders funding with an Evaluation or Express model. They were incorporated on the 18th of March, 2022 with offices located in the UAE, USA, UK, and Bangladesh.

Evaluation model accounts are similar to other basic two-step challenges that other proprietary trading firms offer.

They offer five different account sizes:

• $15,000 account for a one-time fee of $99
• $25,000 account for a one-time fee of $199
• $50,000 account for a one-time fee of $299
• $100,000 account for a one-time fee of $549
• $200,000 account for a one-time fee of $999

The rules of step one are the following:

• Profit target: 10%
• Daily drawdown: 5%
• Maximum starting balance drawdown: 10%
• Minimum trading days: 5 calendar days
• Maximum trading period: 30 calendar days
• Leverage: 1:100

The rules of step two are the following:

• Profit target: 5%
• Daily drawdown: 5%
• Maximum starting balance drawdown: 10%
• Minimum trading days: 5 calendar days
• Maximum trading period: 60 calendar days
• Leverage: 1:100

After successfully completing both steps, you receive a funded account of the same balance of your evaluation account while also becoming eligible to profit splits of 80%, which have the potential to increase to 90%.

FundedNext also has a scaling plan that is available to traders who are consistent throughout a longer time period. The requirements to be eligible for the scaling plan are that you must have at least 10% account growth in four consecutive months. In the four-month period, you are required to make a minimum of two payouts and your last month must end in profit. Everyone that meets the mentioned criteria will get a 40% account balance increase up to a cap of $4,000,000.

FundedNext 5% discount code: FOREXPROPREVIEWS

You can visit the FundedNext website, or read our review.