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#2of 40 prop trading firms2027 edition

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FundedNext Review 2027Core Trading Conditions and Fees

FundedNext is a prop trading firm founded in 2022 and based in Ajman, UAE, funding traders up to $200,000 with a profit split of 80% - 95%.

MT4MT5cTraderMatch-Trader
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  • Founded 2022
  • Ajman, UAE
  • 3 min read

Key numbers

Max. funding
$200,000 (scaling to $4M)
Profit split
80% - 95%
Entry fee
From $32
Founded
2022
fundednext.com
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FundedNext at a glance

Founded
2022
Headquarters
Ajman, UAE
Evaluation model
1-step, 2-step and instant
Maximum allocation
$200,000 (scaling to $4M)
Profit split
80% - 95%
Entry fee
From $32
Platforms
MT4MT5cTraderMatch-Trader
Markets
Forex and CFDs; separate futures programme
Official website
fundednext.com

FundedNext review 2027: paid during the challenge, CFDs and futures under one brand

FundedNext launched in 2022 and grew within three years into one of the largest prop firms by number of traders and volume of payouts. It is based in the United Arab Emirates and was founded by Abdullah Jayed. The firm built its following on low entry prices, a wide choice of challenge models and an unusual feature: a share of the profit made during the evaluation itself. It now runs separate CFD and futures programmes. This review explains the offer for 2027.

The Stellar models for CFDs

CFD accounts are sold under the Stellar name in four forms. Stellar 2-Step is the conventional two-phase test with a daily loss limit of 5% and an overall limit of 10%. Stellar 1-Step compresses the test into one phase with tighter loss limits. Stellar Lite is a cheaper two-phase version with lower targets and smaller limits. Stellar Instant skips the evaluation and provides an account straight away under stricter rules and a profit share that starts low and rises. Account sizes range from $5,000 to $200,000, and none of the challenge phases has a time limit. Targets and prices have been adjusted several times, so confirm the figures for the exact model at checkout.

Profit share from the challenge phase

Traders who pass a Stellar challenge and go on to receive a payout from the funded account also receive 15% of the profit they made during the evaluation. It is paid with a later reward, not at the moment of passing. No other large firm has made this a standard feature. It is a modest sum in most cases, though it does offset part of the fee.

Profit split and payouts

The split on funded accounts starts at 80% on most models and can reach 95% through add-ons or scaling. Payout cycles vary by model, from every five days on some accounts to bi-weekly on others. The firm promotes fast processing and has published a guarantee that it will pay compensation if a payout takes longer than a stated period. Public trackers show cumulative payouts in the hundreds of millions of dollars.

FundedNext Futures

The futures division is a separate product with its own rulebook. Accounts range from $25,000 to $150,000 and use an end-of-day trailing drawdown. There are several models with different consistency requirements, and the names and details have changed more than once during 2026. Overnight holding, which is allowed on CFD accounts, is not allowed on futures. Read the futures rules as if they belonged to a different firm.

Platforms

CFD traders can choose from MetaTrader 4, MetaTrader 5, cTrader and Match-Trader, depending on country. The futures programme uses its own set of platforms. The firm returned to the US market in 2025, first for futures and then for CFDs, with platform restrictions for American clients.

Rules to read carefully

FundedNext applies a cap on risk per trade idea and rules on margin use on some accounts, along with restrictions on trading around news once funded on certain models. Expert advisors are allowed within limits. These conditions differ between Stellar models. A strategy that passes on one may breach on another.

Reputation

The firm has tens of thousands of reviews on public platforms with a high average score. Negative reviews tend to concern accounts closed for rule breaches that traders dispute. That pattern is common across the sector and is a reason to understand every rule before the first trade.

Simulated accounts

Funded accounts are simulated. FundedNext pays rewards from company funds. As with any firm of this type, traders depend on its continued financial health.

Pros and cons

  • Choice: four CFD models plus a futures programme.
  • Challenge-phase reward: 15% of evaluation profit after funding.
  • Split: up to 95%.
  • No time limits: on any challenge phase.
  • Complexity: rules vary widely by model and change often.
  • Short history: operating since 2022.

Who is FundedNext for?

FundedNext suits traders who want a low entry cost and flexibility over evaluation style, and those who trade both CFDs and futures. Traders who prefer one simple, stable rulebook may find it has too many moving parts.

Verdict

FundedNext has earned its place near the top of the sector through scale and payment record. For 2027 it is a strong option, provided you choose the model that fits your strategy and re-read the rules before each purchase.

This FundedNext review is part of our Top 40 Prop Trading Firms in 2027 ranking. To compare, read the The5ers review and the FTMO review.

See FundedNext for yourselfCheck current terms on the official site before you open an account.
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FundedNext vs peers: maximum starting allocation (usd thousands)

FundedNext vs peers: top profit split (%)

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Live markets

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Forex

Crypto prices by CoinGecko. Forex figures are European Central Bank reference rates, updated once a day. The ticker is provided by TradingView.

Live forex chart

EUR/USD, one-hour candles. Chart by TradingView; you can switch to any other symbol inside it.

Risk warning: trading forex, CFDs, futures and crypto assets carries a high risk of losing money. This review is general information, not investment advice.