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FundedNext Review

A high-volume Dubai prop firm with weekly payouts and splits up to 95%.

4.5Dubai Department of Economy and Tourism (DED)Financial Sector Conduct Authority (FSCA), South AfricaFinancial Services Authority, Seychelles
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Profit split
80% standard (90% add-on available), scaling to 95%
Max funding
$200,000 per CFD account (scaling program to $4 million); futures allocations to roughly $700,000
Payouts
Every 14 days after a first payout at 21 days (Stellar 2-Step); every 5 business days (Stellar 1-Step)
Scaling plan
FundedNext Pro scaling adds 25% to the balance per qualifying payout cycle, with the reward share rising to 95% and CFD capital growing toward $4 million
Platforms
MT4, MT5, cTrader, TradingView, Proprietary
Instruments
Forex, Indices, Commodities, Crypto
Not accepted from
Bangladesh, Myanmar, Belarus, North Korea, Syria, Grenada, Chad, Malaysia, Belize, Antigua and Barbuda, Cape Verde, Tuvalu, Vietnam, Bouvet Island, Burundi, Cook Islands, Eritrea, Comoros, Sri Lanka and Fiji (CFDs); MetaTrader is unavailable to US-located clients
Founded
2022
Headquarters
Dubai, United Arab Emirates
Regulation
Dubai Department of Economy and Tourism (DED) — FundedNext (Dubai operating entity; licence number not published in full), Financial Sector Conduct Authority (FSCA), South Africa (FSP No. 53187) — FundedNext Group, Financial Services Authority, Seychelles (SD No. 137) — FNmarkets Ltd., Vanuatu Financial Services Commission — FundedNext Group (licence number not published in full), Ajman Free Zone (AFZ), UAE — company registration only (28831) — GrowthNext – F.Z.E., Mwali International Services Authority, Comoros — company registration only (HY01023052) — FundedNext Ltd
  • News trading
  • Weekend holding
  • EAs allowed
  • Refundable fee

Pros

  • Payouts processed within 24 hours, backed by a $1,000 delay-compensation guarantee
  • Profit split reaches up to 95% with the scaling program
  • Multiple challenge models (Evaluation, Stellar, Flex) to fit different trading styles
  • Broad platform support including MT4, MT5, cTrader, and Match-Trader
  • One of the most-reviewed prop firms on Trustpilot, with a stable rating

Cons

  • Younger track record than long-established rivals like FTMO
  • Rules and profit splits vary meaningfully between challenge models, which can confuse newcomers
  • EA/automated trading is limited to MetaTrader platforms and may carry a fee
  • News trading is capped at 40% exposure rather than fully unrestricted

Challenge programs

ProgramStepsAccount sizesPriceProfit targetMax drawdown
Stellar 2-Step (Evaluation)2-step$6,000 - $200,000from $59.998% / 5%10%
Stellar 1-Step1-step$6,000 - $200,000from $59.9910%6%

Company and trust

FundedNext was incorporated in March 2022 and is headquartered in Dubai, UAE, with additional offices reported in the UAE, USA, UK, and Bangladesh. It has grown quickly into one of the largest prop firms by trading volume and Trustpilot review count, reporting figures in the hundreds of millions of dollars paid out to traders.

As with all prop-trading firms, accounts are simulated rather than live brokerage accounts, and payouts come from FundedNext's own capital based on simulated performance. The firm's scale on Trustpilot — tens of thousands of reviews holding a consistent rating — is the strongest publicly available signal of payout reliability, since prop firms are not regulated as financial institutions in the way brokers are.

Challenge rules

FundedNext runs several parallel models: a traditional 2-step Evaluation, a 1-step Stellar challenge, and newer Flex-style challenges designed to simplify the consistency rule that historically applied only during evaluation. Account sizes span roughly $2,000 to $200,000 for CFD accounts, with separate futures allocations available.

News trading is permitted but capped at 40% of account exposure on funded accounts, which is more restrictive than firms with no news-trading limit at all. Expert advisors and automated strategies are supported on MetaTrader accounts, generally for an added fee, but are not available on cTrader.

Profit split and payouts

The standard profit split is 80%, with an optional 90% add-on purchasable at checkout for a modest extra fee depending on account size. Through the scaling program, splits can rise as high as 95% for consistently profitable traders who complete qualifying payout cycles.

Payouts run on a weekly cycle and are typically processed within 24 hours of request — FundedNext backs this with a stated $1,000 bonus if a payout is delayed beyond its promised window. The scaling plan can grow CFD account capital toward $4 million and futures allocations toward roughly $700,000 for traders who hit consistent profit and activity thresholds.

Platforms and instruments

FundedNext supports MetaTrader 4, MetaTrader 5, cTrader, and Match-Trader for CFD trading, plus NinjaTrader, Tradovate, and TradingView integrations for futures accounts. This is one of the broadest platform lineups among major prop firms.

Tradable instruments on CFD accounts include forex, indices, commodities, and cryptocurrencies, giving traders flexibility across asset classes without needing separate accounts for each.

Trading restrictions

The main restrictions are the 40% news-trading exposure cap and the MetaTrader-only availability of EA and automated trading (often with an added fee). Standard prop-firm prohibitions apply too — no arbitrage, no copy-trading across a trader's own multiple accounts, and no exploiting platform latency.

Clients in the United States and other sanctioned or embargoed jurisdictions are not accepted.

Support

FundedNext offers 24/7 support via live chat and a help center, and independent reviews frequently cite responsive, helpful customer service as a strength. Reviewers also note generally stable platform performance and dependable payout communication, which matters given the firm's high review volume relative to its shorter operating history.

Who is it for

FundedNext suits traders who want fast, frequent payouts and are comfortable choosing between several challenge formats to match their style, from a strict 1-step Stellar challenge to a more flexible model. Its platform variety, including cTrader and Match-Trader alongside MetaTrader, appeals to traders who dislike being locked into a single ecosystem.

Algorithmic traders who need unrestricted EA use across all platforms, or traders who want a firm with a decade-plus track record, may be better served elsewhere.

How to open an accountFundedNext

Before you apply

Verification time
Typically 1-2 business days once payout eligibility is reached
Minimum age
18+
Documents required
Government-issued ID and proof of address for KYC before first payout

No verification is required to purchase a challenge; KYC applies before withdrawal.

  1. 1

    Pick a challenge model

    Choose from the Evaluation (2-step), Stellar (1-step), or Flex/instant-style models on the FundedNext website.

  2. 2

    Select an account size

    Account sizes run from around $2,000 up to $200,000 CFD accounts, or higher via futures allocations.

  3. 3

    Pay the fee

    Fees start under $60 for small accounts and rise to roughly $1,100 for a $200,000 account, payable by card or crypto.

  4. 4

    Trade the evaluation

    Meet the profit targets on MT4, MT5, cTrader, or Match-Trader (NinjaTrader/Tradovate for futures) within the drawdown limits.

  5. 5

    Complete KYC and get funded

    Submit ID verification once you qualify, then trade the funded account.

  6. 6

    Request payouts

    Request your profit share on the weekly payout cycle once eligible.

Good to know before you start

Why you have to verify your identity

Why you have to verify your identity

Every regulated broker and exchange must confirm who you are before you can trade or withdraw. Expect to upload a passport or national ID and a proof of address under three months old (utility bill or bank statement). Most platforms approve documents within a few hours; a mismatch between your ID and the name on your payment method is the most common reason for delays.

How funding your account works

How funding your account works

Deposits by card or e-wallet usually land within minutes; bank wires take one to three business days and may carry a fee from your bank. Withdrawals go back to the method you deposited with, which is an anti-money-laundering rule rather than a platform choice. Start with the minimum, confirm a small withdrawal works, then scale up.

What to expect on your first trade

What to expect on your first trade

Open a demo account first if the platform offers one, then place a small live trade on a liquid market such as EUR/USD or BTC/USD. Check the spread, the commission and the swap before you confirm. Set a stop-loss on every position — losing a small amount quickly is the cheapest lesson in trading.

Fees and spreadsFundedNext

Deposit & withdrawal fees

MethodDeposit feeWithdrawal feeProcessing time
Cryptocurrency (USDT ERC20/TRC20, USDC ERC20)Network/gateway charges borne by traderWithin 24 hours
Bank transferTransfer charges borne by traderWithin 24 hours (unavailable in 36 listed countries)
ConfirmoGateway charges borne by traderWithin 24 hours
RiseWorksGateway charges borne by traderWithin 24 hours
TC Pay (Iran only)Gateway charges borne by traderWithin 24 hours

Trust & reputation

Trustpilot

4.5 / 5

77,376 reviews · source

No regulator warnings or enforcement actions found

What clients complain about

A recurring share of negative reviews describe trading accounts being restricted or closed after evaluation phases were passed, unreturned support emails during technical disputes, and confusion over how stop-loss and consistency rule violations are calculated, sometimes resulting in reduced or zero payouts. Positive reviews, which make up the large majority, cite fast payouts and responsive live chat.

Country availability

Accepts clients from

  • United States
  • United Kingdom
  • Germany
  • France
  • Spain
  • Italy
  • Netherlands
  • Poland
  • Australia
  • Canada
  • United Arab Emirates
  • Saudi Arabia
  • Qatar
  • Türkiye
  • Iran
  • Egypt
  • Nigeria
  • South Africa
  • Kenya
  • India
  • Pakistan
  • Indonesia
  • Philippines
  • Thailand
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Russia
  • Kazakhstan

Not available in

  • Malaysia
  • Vietnam

Based on the platform’s published terms and regional entities. Availability changes — confirm on the official site before opening an account.

About the company

Parent company
NEXT Ventures
Founded
2022
Headquarters
Dubai, United Arab Emirates
Countries served
170+ countries
Clients
4 million+ registered traders

Contact & support

Support hours
24/7
Live chat
Yes
Languages
44 languages, including English, Spanish, French, German, Portuguese, Japanese, Chinese, and Arabic
Address
Meydan Grandstand, 6th Floor, Meydan Road, Nad Al Sheba, Dubai, UAE

Awards & recognition

  • Prop Firm of the Year

    2025 · Finance Magnates Africa Summit

Frequently asked questions

What is FundedNext's profit split?

The standard split is 80%, with an optional 90% upgrade at purchase and scaling up to 95% for consistently profitable funded traders.

How often are payouts processed?

Payouts run on a weekly cycle and are typically processed within 24 hours of the request.

Which platforms can I trade on?

MT4, MT5, cTrader, and Match-Trader for CFDs, plus NinjaTrader, Tradovate, and TradingView for futures accounts.

Can I use expert advisors?

Yes, on MT4 and MT5, typically for an added fee. EAs are not available on cTrader.

Is news trading allowed?

Yes, but exposure during news events is capped at 40% on funded accounts.

What account sizes are available?

CFD accounts range from about $2,000 to $200,000, with the scaling program growing capital toward $4 million; separate futures allocations are also available.

Does FundedNext accept US clients?

No, US residents are not accepted, along with clients from sanctioned or embargoed jurisdictions.

Sources

  1. fundednext.com/contact
  2. fundednext.com/company
  3. help.fundednext.com/en/articles/8016279-where-are-you-located
  4. help.fundednext.com/en/articles/8019808-which-platforms-can-i-use-for-trading-at-fundednext
  5. help.fundednext.com/en/articles/8020084-how-can-i-withdraw-my-profits
  6. fundednext.com/blog/understanding-trading-cycles
  7. trustpilot.com/review/fundednext.com
  8. x.com/FundedNext
  9. instagram.com/fundednext/
  10. proptradingvibes.com/blog/fundednext-scaling-plan
  11. help.fundednext.com/en/articles/8020080-are-any-countries-restricted-on-fundednext-cfds
  12. fundednext.com/terms-of-service
  13. fundednext.com/
  14. financemagnates.com/thought-leadership/fundednext-wins-global-prop-firm-of-the-year-2025/
  15. tradetanto.com/learn/fundednext-rules-a-complete-guide-for-cfd-traders
  16. velotrade.com/blog/fundednext-review

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