If you’re searching for a prop firm that balances flexibility with trader-friendly rules, FundedNext Futures might be worth your attention. This FX-turned-futures prop firm has made waves with its recent updates. Here’s what you need to know.
Key Features at a Glance
- One-Time Fee Model: Unlike competitors with monthly charges, FundedNext charges a single $149 fee for its 50K evaluation (no setup costs).
- Scalable Funding: Max funding caps at $300K, split across accounts as you choose (e.g., four 25K accounts or one 100K).
- Flexible Trading: Supports TradingView, NinjaTrader, and TradeLocker, with no restrictions on news trading, bots, or copy trading.
How It Stacks Up Against Topstep
| Feature | FundedNext Futures | Topstep |
|---|---|---|
| Cost | $149 (one-time) | $198 ($49/month + $149 setup) |
| Max Drawdown | $2,500 (end-of-day) | $2,000 |
| Profit Target | $2,500 (eval) | $3,000 |
| Payouts | 50% immediate, 100% after 30 days (no caps) | Capped at $5,000 |
| Micro-Scalping | Allowed (non-excessive) | Allowed |
Rule Changes That Won Traders Over
Initially, FundedNext faced criticism for restrictive policies, but they listened:
- DCA (Averaging Down): Previously banned, now permitted.
- Micro-Scalping Clarified: Occasional sub-5-tick trades won’t trigger penalties—only “excessive” scalping.
- No Daily Loss Limit (Promo): A limited-time offer removes the $1,200 daily loss cap for both eval and funded phases.
The Drawbacks
- Trading Days for Payouts: Requires 5 days (vs. Topstep’s 2), though no buffer is needed.
- While reputable, it’s newer to futures than FX, so caution is advised.
Final Verdict
FundedNext Futures shines with its one-time fee, uncapped payouts, and adaptive rules. For traders tired of rigid eval systems, it’s a compelling alternative.
Note: Always check the latest rules on their website—prop firms frequently update policies. 🚀