FundedNext

FundedNext was founded in 2022 by Abdullah Jayed. Its Terms of Service name GrowthNext F.Z.E., registered in the Ajman Free Zone in the United Arab Emirates, as the contracting company, with affiliates FundedNext Ltd in Comoros, FundedNext Limited in Hong Kong and Incenteco Trading LTD in Cyprus, which handles payments. It runs two product lines: CFD challenges under the Stellar name on fundednext.com, and futures challenges on fundednext.com/futures, which has its own help center.

CFD challenges trade on MetaTrader 4, MetaTrader 5, cTrader and Match-Trader, with TradingView supported for analysis only. Futures challenges trade on Tradovate, NinjaTrader and TradingView. The terms do not name a broker or liquidity provider behind the prices, only simulated trading platforms and data feed providers.

You pay a one-time fee, trade a simulated account under fixed rules, and if you pass you get a funded simulated account that pays a share of your profits. On the Stellar 2-Step the targets are 8% in phase 1 and 5% in phase 2, with a 5% daily loss limit, a 10% static maximum loss limit, at least 5 trading days per phase and no time limit. Stellar 1-Step has a single 10% target, Stellar Lite uses 8% then 4%, and Stellar Instant skips the challenge. Stellar 2-Step list prices are $59.99 (6K), $119.99 (15K), $199.99 (25K), $299.99 (50K), $549.99 (100K) and $1,099.99 (200K). CFD leverage is 1:30 on forex, 1:10 on indices, 1:15 on commodities, 1:2 on stocks and 1:1 on crypto. FundedNext publishes that only 23 of every 100 participants advance to the next stage, so most buyers lose the fee.

Funded CFD accounts pay 80% of profits, rising to 90% with Scale-Up and 95% with the paid Lifetime Reward add-on, and the first reward is available 21 days after you start trading. The fee comes back only after success: with the first Performance Reward on the Stellar 2-Step, and with the third on Stellar Lite and on Stellar 1-Step accounts bought on or after January 12, 2026. The 2-Step also carries a 15% reward on the challenge profit target, payable only once the Scale-Up criteria are met and not to US clients. Otherwise, the Terms (section 7.7) allow a fee refund only within 7 days of purchase and only if no trade has been placed.

The futures line has its own programs: Flex (95% reward share, no daily loss limit, end-of-day maximum loss), Rapid Pro and Rapid Daily (90%), Legacy, Bolt, and Direct, which starts funded with no evaluation. Futures payouts are capped per cycle, for example $1,500 on the Flex 50K and $800 on the Rapid 25K, with a $250 minimum withdrawal. The futures pages do not describe any refund of the challenge fee, and a failed Flex 50K needs a $77.99 reset.

FundedNext has no deposit bonus. Its promotions are coupon codes that lower the challenge fee, and only one coupon can be used per checkout (Terms 7.12), so a promo code cannot be stacked with a referral code. The Stellar October Starter code STOCT, live since October 1, 2026, covers four small CFD plans only: the Stellar 2-Step 6K drops from $59.99 to $34.99 (41% off), the 1-Step 6K from $65.99 to $44.99, the Lite 5K from $32.99 to $29.99 and the Instant 2K from $59.99 to $49.99. US traders pay a $49.99 list price on the 2-Step 6K, so their saving is 30%. The code can be used up to 5 times, does not apply to resets, and may end at any time.

On futures, FNFLEX gives 47% off the first 2 Flex challenges and 40% from the third: the 50K costs $69.99 instead of $133.99, the 100K $139.99 and the 150K $249.99. RAPID, running since August 10, 2026, prices the Rapid Pro and Rapid Daily 25K at $79.99 on a first purchase (50% off), with smaller cuts of 43% to 46% on the 50K and 100K and 36% to 46% for existing futures customers. Neither futures code has a stated end date.

All three codes reduce the entry fee only. The pass rules, payout caps and failure rate stay the same, and the Rapid help article contains arithmetic errors in its price table, so check the total at checkout.

FundedNext is not a regulated broker. Its risk disclosure (last updated May 12, 2026) says it is not a broker, dealer or exchange, does not accept deposits, and that participants trade simulated capital on virtual funds, with rewards paid at the firm's discretion. The help center says it operates within the regulatory framework of the United Arab Emirates but names no regulator or licence. Our searches found no regulator warnings or IOSCO alerts against it.

Residents of 20 countries cannot buy CFD challenges, among them Bangladesh, Myanmar, Belarus, North Korea, Syria, Malaysia, Vietnam, Sri Lanka and Fiji, and the Stellar pages also exclude Iran and Russia. The futures list is longer at 51 countries and adds Russia, Ukraine, Iran, Iraq, Cuba, Venezuela, Lebanon, Jordan and much of Africa. US traders are accepted, with their own CFD pricing. FundedNext says these lists can change at any time (Terms sections 5.3 to 5.5).