FundedNext has launched its July Trading Competition, offering traders a chance to win a share of $8,000 in cash prizes and access Challenge Accounts worth a total of $1.7 million. The competition is to test participants’ trading discipline, strategy, and risk management, all while providing them with a simulated yet professional trading experience.
Participants will be provided with a $100,000 Challenge Account to compete during the event. To ensure fairness and consistency, FundedNext has established clear rules and risk parameters. The maximum daily loss is at 5%, while the overall loss limit is at 10%, both calculated based on the account balance. Traders must complete a minimum of five trading days to qualify, and each participant can place up to 50 trades per day, with a maximum of five trading positions held simultaneously.
FundedNext July Competition with $1.7M in Challenge Accounts
The competition promotes flexibility by allowing news trading, as well as overnight and over-weekend holding. However, the use of Expert Advisors (EAs) is strictly prohibited. Trading accounts will be swap-free, and a commission of $3 per lot will apply to Forex and Commodities, with no commission on Indices. Lot sizes are limited to five per position for Forex pairs and three per position for Indices, Commodities, and Metals.
To ensure fairness, each trader is only one account and one IP address. These measures aim to prevent any form of manipulation and ensure an even playing field for all participants. With clearly defined rules and high rewards, the FundedNext July Competition presents an exciting opportunity for traders to prove their skills, earn recognition, and potentially secure a funded trading account.
Registration is now open, and FundedNext is calling on traders worldwide to join the challenge and demonstrate what they’re capable of. This is a chance to not only compete for substantial prizes but also to establish oneself in the competitive world of proprietary trading.
About the Firm
FundedNext offers forex traders up to $300,000 in funds to financially empower them and help them earn a full-time income while also being able to scale further. Depending on their preferences, traders can choose from three unique funding program options, which consist of two two-step evaluations and a one-step evaluation.
Also, use our Refund Code (FOREXPROPREVIEWS) for a Massive 120% Refund or read the Review.
