FundedNext
Its own page says "News trading is allowed, with no restrictions on when or how you trade", then sets out the restriction: on funded accounts and on Stellar Instant, profit made in the five minutes around high-impact news is credited at 40% while a loss in that same window counts at 100%. The challenge phases are exempt. An asymmetric penalty is a restriction.
Its contract carries none of the numbers it binds you to: clause 3.2 says each model's profit targets, loss limits and minimum trading days are "disclosed at purchase and/or in the Customer dashboard" and that "those parameters form part of these Challenge Terms" — so the binding figures live behind a checkout and a login. The same terms define a Performance Reward as an amount the provider "may, at its sole discretion", grant.
Not enough published data to simulate this firm’s floor.
No disqualifier applies, and there is a plan here worth trading — but something real is wrong, and we name it. Read the reservation before you pay.
Scorecard
13Trails on daily closes only, then freezes at your starting balance
A named company, but no financial regulator anywhere — or a light-touch one only
Workable, but a cap or a waiting period bites
Overstates size or speed, but costs you nothing
Short history, or a sharply polarised review profile
Each axis is scored 0–5 against a published scale. The line under each bar is the rung this firm landed on — not our summary of it, the scale entry itself.
Trustpilot
What this firm published
Everything below is quoted from a page we opened, on the date shown. The quotes are in the firm’s own language, exactly as published — never edited, never shortened, never swapped for a translation. On the Spanish edition our own rendering appears underneath each one, unquoted and marked as ours: the quotation marks on this site mean the words are the firm’s, and nothing we wrote ever wears them. Where we have not read enough to put a number on an axis, we say so instead of guessing.
3/5
Can you even pass?
Almost nobody who pays for an evaluation ever reaches a funded account, so this is the part of the product most customers actually buy. Every firm advertises its profit target; none of them advertises that target next to how much you are allowed to lose while chasing it.
3/5
Can you keep the money?
The drawdown takes the account away; the payout rules take the money. Answered by whichever of the two we can measure and is worse — they are two ways of losing the same thing, so a good half cannot pay for a bad one.
3/5
Is anyone behind it?
A named company, a market, and rules you could read before paying. These three do not substitute for one another — a company you can sue does not stop existing because the account is a simulation — so this is the average of the ones we could measure, not the worst.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $0.84.40/8
“5.4. The Customer must achieve the following Profit Targets: Evaluation Model — Phase 1: 10%, Phase 2: 5%; Express Model — 25%; Stellar 1-Step Model — 10%; Stellar 2-Step Model — Phase 1: 8%, Phase 2: 5%; Stellar Lite Model — Phase 1: 8%, Phase 2: 4%.”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finishThey state there is none.no changewe did not read this stage3/3
“No deadline to pass the Challenge. Trade and pass the challenge at your own pace.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put in5 daysno changeThey state there is none.2/2
“5.3. The Customer must complete at least the following minimum Trading Days: Evaluation Model — 5 days; Express Model — 10 days; Stellar 1-Step Model — 2 days; Stellar 2-Step Model — 5 days; Stellar Lite Model — 5 days.”“For FundedNext Accounts , there is no minimum trading day requirement for Evaluation, Stellar Lite, Stellar 1-Step, and Stellar 2-Step Challenges.”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsa second attempt is discounted1/2
“In such circumstances, FundedNext offers you the opportunity to begin with a new account, available at a discounted price.”A free second attempt turns one bad week into a delay instead of another invoice.
Profit target8%5%we did not read this stage—
“5.4. The Customer must achieve the following Profit Targets: Evaluation Model — Phase 1: 10%, Phase 2: 5%; Express Model — 25%; Stellar 1-Step Model — 10%; Stellar 2-Step Model — Phase 1: 8%, Phase 2: 5%; Stellar Lite Model — Phase 1: 8%, Phase 2: 4%.”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit does not move at allno changeno change3/3
“5.2. The Customer must not exceed the following Maximum Loss Limit (MLL), calculated as a percentage of the Initial Account Size (including commissions, swaps, and charges): Evaluation and Express Models — 10%; Stellar 1-Step Model — 6%; Stellar 2-Step Model — 10%; Stellar Lite Model — 8%.”“A cap on how much you can lose across the lifetime of your account. Calculated as a percentage of the initial balance, fixed per account model. Breaching it closes the account.”A limit that climbs takes back the cushion you already earned.
What the limit is measured againstlive equity, open trades includedno changeno change1/2
“This means that if your account balance/equity ever drops below $90,000, it will be considered a violation of the rule.”“Therefore, if your account balance/equity drops below $90,000 at any point during your trading journey, it will be considered a rule violation in both the Challenge Phase and the FundedNext Account Phase.”Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limit5%, measured on live equity, open trades includedno changeno change1.20/2
“Traders are allowed to lose 5% of their initial account balance on any given day as their Daily Loss. If your initial account balance is $100,000, then 5% of the amount is $5000. At any point in a day, if the (running + closed) loss exceeds $5000, it will be considered a Daily Loss rule violation.”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed10%no changeno change1/1
“5.2. The Customer must not exceed the following Maximum Loss Limit (MLL), calculated as a percentage of the Initial Account Size (including commissions, swaps, and charges): Evaluation and Express Models — 10%; Stellar 1-Step Model — 6%; Stellar 2-Step Model — 10%; Stellar Lite Model — 8%.”“Maximum Loss Limit 10%”How much room you have. Worth little, because almost every firm offers the same.
Where the limit stops risingNo such thing in this plan.—
“5.2. The Customer must not exceed the following Maximum Loss Limit (MLL), calculated as a percentage of the Initial Account Size (including commissions, swaps, and charges): Evaluation and Express Models — 10%; Stellar 1-Step Model — 6%; Stellar 2-Step Model — 10%; Stellar Lite Model — 8%.”The difference between a danger with an end date and one that never ends.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesThey do not say.0/3
we read the page that should answer this and it does not
The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey do not say.0/3
we read the page that should answer this and it does not
Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“13.4. Any Performance Reward is discretionary and conditional upon full compliance with these Challenge Terms, the General Terms, and all applicable programme rules, and shall not be deemed earned, vested, or payable unless and until expressly approved and paid by the Provider.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money21 days1.60/2
“First Withdrawal 21 Days”How long your money is theirs.
Most one withdrawal can pay youThey do not say.0/2
we read the page that should answer this and it does not
$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
Does that cap rise with the account · Profit required before the first request
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.no changeno change—
“News trading is allowed, with no restrictions on when or how you trade.”“Allowed, 40% on news-trade profit”Mandatory stop-lossThey do not say.we did not read this stageThey do not say.—
we read the page that should answer this and it does not
we read the page that should answer this and it does not
Minimum time a trade must be heldThey do not say.we did not read this stageThey do not say.—
we read the page that should answer this and it does not
Forced close before the weekendThey state there is none.no changeno change—
“Both overnight and weekend holding are allowed across every CFDs account, at every stage. Swap charges apply on positions held overnight or over the weekend.”Leverage1:100 → 1:1by instrument
no changeno change—
by instrument
“– Stellar 2-Step and Stellar Lite : Forex 1:100, Indices and, Commodities 1:25, Crypto 1:1”“– Stellar 2-Step and Stellar Lite : Forex 1:100, Indices and Commodities 1:15, Crypto 1:1”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
Where the path endsat a larger simulation—
“1.6. All trading activity within the CFDs Challenge occurs exclusively within a simulated environment. No orders are executed in the live market, and no financial instruments are purchased, sold, or traded on behalf of the Customer.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $1.70.80/8
“5.4. The Customer must achieve the following Profit Targets: Evaluation Model — Phase 1: 10%, Phase 2: 5%; Express Model — 25%; Stellar 1-Step Model — 10%; Stellar 2-Step Model — Phase 1: 8%, Phase 2: 5%; Stellar Lite Model — Phase 1: 8%, Phase 2: 4%.”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finishThey state there is none.we did not read this stage3/3
“No deadline to pass the Challenge. Trade and pass the challenge at your own pace.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put in2 daysThey state there is none.2/2
“5.3. The Customer must complete at least the following minimum Trading Days: Evaluation Model — 5 days; Express Model — 10 days; Stellar 1-Step Model — 2 days; Stellar 2-Step Model — 5 days; Stellar Lite Model — 5 days.”“For FundedNext Accounts , there is no minimum trading day requirement for Evaluation, Stellar Lite, Stellar 1-Step, and Stellar 2-Step Challenges.”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsa second attempt is discounted1/2
“In such circumstances, FundedNext offers you the opportunity to begin with a new account, available at a discounted price.”A free second attempt turns one bad week into a delay instead of another invoice.
Profit target10%we did not read this stage—
“5.4. The Customer must achieve the following Profit Targets: Evaluation Model — Phase 1: 10%, Phase 2: 5%; Express Model — 25%; Stellar 1-Step Model — 10%; Stellar 2-Step Model — Phase 1: 8%, Phase 2: 5%; Stellar Lite Model — Phase 1: 8%, Phase 2: 4%.”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit does not move at allno change3/3
“5.2. The Customer must not exceed the following Maximum Loss Limit (MLL), calculated as a percentage of the Initial Account Size (including commissions, swaps, and charges): Evaluation and Express Models — 10%; Stellar 1-Step Model — 6%; Stellar 2-Step Model — 10%; Stellar Lite Model — 8%.”“A cap on how much you can lose across the lifetime of your account. Calculated as a percentage of the initial balance, fixed per account model. Breaching it closes the account.”A limit that climbs takes back the cushion you already earned.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limit3%, measured on live equity, open trades includedno change0.60/2
“Traders are allowed to lose 3% of their initial account balance on any given day as their Daily Loss in the Stellar 1-Step account. If your initial account balance is $100,000, then 3% of the amount is $3000. At any point during the day, if your total running and closed losses exceed $3,000, it will be considered a violation of the Daily Loss Limit.”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed6%no change0.50/1
“5.2. The Customer must not exceed the following Maximum Loss Limit (MLL), calculated as a percentage of the Initial Account Size (including commissions, swaps, and charges): Evaluation and Express Models — 10%; Stellar 1-Step Model — 6%; Stellar 2-Step Model — 10%; Stellar Lite Model — 8%.”“Maximum Loss Limit 6%”How much room you have. Worth little, because almost every firm offers the same.
Where the limit stops risingNo such thing in this plan.—
“5.2. The Customer must not exceed the following Maximum Loss Limit (MLL), calculated as a percentage of the Initial Account Size (including commissions, swaps, and charges): Evaluation and Express Models — 10%; Stellar 1-Step Model — 6%; Stellar 2-Step Model — 10%; Stellar Lite Model — 8%.”The difference between a danger with an end date and one that never ends.
What the limit is measured against (phase 1) · What the limit is measured against (funded)
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesThey do not say.0/3
we read the page that should answer this and it does not
The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey do not say.0/3
we read the page that should answer this and it does not
Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“13.4. Any Performance Reward is discretionary and conditional upon full compliance with these Challenge Terms, the General Terms, and all applicable programme rules, and shall not be deemed earned, vested, or payable unless and until expressly approved and paid by the Provider.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money5 days2/2
“First Withdrawal 5 Business Days”How long your money is theirs.
Most one withdrawal can pay youThey do not say.0/2
we read the page that should answer this and it does not
$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
Does that cap rise with the account · Profit required before the first request
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.no change—
“News trading is allowed, with no restrictions on when or how you trade.”“Allowed, 40% on news-trade profit”Mandatory stop-lossThey do not say.no change—
we read the page that should answer this and it does not
we read the page that should answer this and it does not
Minimum time a trade must be heldThey do not say.no change—
we read the page that should answer this and it does not
Forced close before the weekendThey state there is none.no change—
“Both overnight and weekend holding are allowed across every CFDs account, at every stage. Swap charges apply on positions held overnight or over the weekend.”Leverage1:30 → 1:1by instrument
no change—
by instrument
“– Stellar 1-Step : Forex 1:30, Indices 1:10, Commodities 1:15, Crypto 1:1”“– Stellar 1-Step : Forex 1:30, Indices and Commodities 1:10, Crypto 1:1”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
Where the path endsat a larger simulation—
“1.6. All trading activity within the CFDs Challenge occurs exclusively within a simulated environment. No orders are executed in the live market, and no financial instruments are purchased, sold, or traded on behalf of the Customer.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $14.40/8
“5.4. The Customer must achieve the following Profit Targets: Evaluation Model — Phase 1: 10%, Phase 2: 5%; Express Model — 25%; Stellar 1-Step Model — 10%; Stellar 2-Step Model — Phase 1: 8%, Phase 2: 5%; Stellar Lite Model — Phase 1: 8%, Phase 2: 4%.”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finishThey state there is none.no changewe did not read this stage3/3
“No deadline to pass the Challenge. Trade and pass the challenge at your own pace.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put in5 daysno changeThey state there is none.2/2
“5.3. The Customer must complete at least the following minimum Trading Days: Evaluation Model — 5 days; Express Model — 10 days; Stellar 1-Step Model — 2 days; Stellar 2-Step Model — 5 days; Stellar Lite Model — 5 days.”“For FundedNext Accounts , there is no minimum trading day requirement for Evaluation, Stellar Lite, Stellar 1-Step, and Stellar 2-Step Challenges.”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsa second attempt is discounted1/2
“In such circumstances, FundedNext offers you the opportunity to begin with a new account, available at a discounted price.”A free second attempt turns one bad week into a delay instead of another invoice.
Profit target8%4%we did not read this stage—
“5.4. The Customer must achieve the following Profit Targets: Evaluation Model — Phase 1: 10%, Phase 2: 5%; Express Model — 25%; Stellar 1-Step Model — 10%; Stellar 2-Step Model — Phase 1: 8%, Phase 2: 5%; Stellar Lite Model — Phase 1: 8%, Phase 2: 4%.”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit does not move at allno changeno change3/3
“5.2. The Customer must not exceed the following Maximum Loss Limit (MLL), calculated as a percentage of the Initial Account Size (including commissions, swaps, and charges): Evaluation and Express Models — 10%; Stellar 1-Step Model — 6%; Stellar 2-Step Model — 10%; Stellar Lite Model — 8%.”“A cap on how much you can lose across the lifetime of your account. Calculated as a percentage of the initial balance, fixed per account model. Breaching it closes the account.”A limit that climbs takes back the cushion you already earned.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limit4%, measured on live equity, open trades includedno changeno change0.96/2
“In the Stellar Lite Account, traders are permitted to lose up to 4% of their initial account balance as their Daily Loss Limit. For instance, with an initial balance of $100,000, this equates to $4000. At any point during the day, if your total running and closed losses exceed this, it will be considered a violation of the Daily Loss Limit.”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed8%no changeno change0.80/1
“5.2. The Customer must not exceed the following Maximum Loss Limit (MLL), calculated as a percentage of the Initial Account Size (including commissions, swaps, and charges): Evaluation and Express Models — 10%; Stellar 1-Step Model — 6%; Stellar 2-Step Model — 10%; Stellar Lite Model — 8%.”“Maximum Loss Limit 8%”How much room you have. Worth little, because almost every firm offers the same.
Where the limit stops risingNo such thing in this plan.—
“5.2. The Customer must not exceed the following Maximum Loss Limit (MLL), calculated as a percentage of the Initial Account Size (including commissions, swaps, and charges): Evaluation and Express Models — 10%; Stellar 1-Step Model — 6%; Stellar 2-Step Model — 10%; Stellar Lite Model — 8%.”The difference between a danger with an end date and one that never ends.
What the limit is measured against (phase 1) · What the limit is measured against (phase 2) · What the limit is measured against (funded)
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesThey do not say.0/3
we read the page that should answer this and it does not
The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey do not say.0/3
we read the page that should answer this and it does not
Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“13.4. Any Performance Reward is discretionary and conditional upon full compliance with these Challenge Terms, the General Terms, and all applicable programme rules, and shall not be deemed earned, vested, or payable unless and until expressly approved and paid by the Provider.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money21 days1.60/2
“First Withdrawal 21 Days”How long your money is theirs.
Most one withdrawal can pay youThey do not say.0/2
we read the page that should answer this and it does not
$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
Does that cap rise with the account · Profit required before the first request
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.no changeno change—
“News trading is allowed, with no restrictions on when or how you trade.”“Allowed, 40% on news-trade profit”Mandatory stop-lossThey do not say.we did not read this stageThey do not say.—
we read the page that should answer this and it does not
we read the page that should answer this and it does not
Minimum time a trade must be heldThey do not say.we did not read this stageThey do not say.—
we read the page that should answer this and it does not
Forced close before the weekendThey state there is none.no changeno change—
“Both overnight and weekend holding are allowed across every CFDs account, at every stage. Swap charges apply on positions held overnight or over the weekend.”Leverage1:100 → 1:1by instrument
no changeno change—
by instrument
“– Stellar 2-Step and Stellar Lite : Forex 1:100, Indices and, Commodities 1:25, Crypto 1:1”“– Stellar 2-Step and Stellar Lite : Forex 1:100, Indices and Commodities 1:15, Crypto 1:1”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
Where the path endsat a larger simulation—
“1.6. All trading activity within the CFDs Challenge occurs exclusively within a simulated environment. No orders are executed in the live market, and no financial instruments are purchased, sold, or traded on behalf of the Customer.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
How hard the test is
we did not read enough to sayNot the profit target on the sales page — that target measured against the room you are given to reach it.
Days you have to finishThey state there is none.3/3
“No deadline to pass the Challenge. Trade and pass the challenge at your own pace.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put inThey state there is none.2/2
“Minimum Trading Days None”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsa second attempt is discounted1/2
“The reset fee is calculated at 10 percent less than the original purchase price of the Stellar Instant.”A free second attempt turns one bad week into a delay instead of another invoice.
Profit targetThey state there is none.—
“Profit Target None”Below 60% read we publish no number at all, because a grade computed from two facts out of six is not a lenient grade — it is a different measurement wearing the same label.
How much you must win to survive
Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseThey do not say.0/3
we read the page that should answer this and it does not
A limit that climbs takes back the cushion you already earned.
What the limit is measured againstlive equity, open trades included1/2
“The Provider's account equity must not, at any point, fall below 94% of the initial account balance. This represents a 6% Maximum Trailing Drawdown. Breaching this limit at any point will result in immediate account termination.”Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limitThey state there is none.2/2
“Daily Loss Limit None”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed6%0.50/1
“Maximum Loss Limit 6%”How much room you have. Worth little, because almost every firm offers the same.
Where the limit stops risingat your starting balance—
“Static means the loss limit is set from your starting balance and remains unchanged throughout. Trailing means the loss limit rises with your profits, does not decrease during losses, and stops once it reaches your initial balance.”The difference between a danger with an end date and one that never ends.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesThey do not say.0/3
we read the page that should answer this and it does not
The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey state there is none.3/3
“Consistency Rule None”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“The mere achievement of numerical targets, performance parameters or positive results in Simulated Trading does not, in itself, create an automatic entitlement to any Performance Reward.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for moneyThey state there is none.2/2
“First Withdrawal On-Demand/ Bi-Weekly”How long your money is theirs.
Most one withdrawal can pay youThey do not say.0/2
we read the page that should answer this and it does not
$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Profit required before the first request1%1/1
“To request a Performance Reward withdrawal, you must grow your account by at least 1% within the current trading cycle.”How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
Does that cap rise with the account
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.—
“Allowed, 40% on news-trade profit”Mandatory stop-lossThey do not say.—
we read the page that should answer this and it does not
Minimum time a trade must be heldThey do not say.—
we read the page that should answer this and it does not
Forced close before the weekendThey state there is none.—
“Both overnight and weekend holding are allowed across every CFDs account, at every stage. Swap charges apply on positions held overnight or over the weekend.”Leverage1:30 → 1:1by instrument
—
by instrument
“Stellar Instant : Forex 1:30, Indices 1:5, Commodities 1:7.5, Crypto 1:1”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
How large it can get$2,000,000—
“Scale up to $2M through the Instant scale-up program”Where the path endsat a larger simulation—
“(b) the Provider does not execute real market orders on behalf of the User, does not transmit orders to third parties, does not receive or manage User funds for investment purposes and does not act as agent or representative of the User;”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
The rules in writing
Could you read the rule before paying, and can they change it afterwards?
Where the rule that binds you is publishedin the document its own contract points at4/4
“5.2. The Customer must not exceed the following Maximum Loss Limit (MLL), calculated as a percentage of the Initial Account Size (including commissions, swaps, and charges): Evaluation and Express Models — 10%; Stellar 1-Step Model — 6%; Stellar 2-Step Model — 10%; Stellar Lite Model — 8%.”If the rule that binds you lives in a help article your contract never mentions, you did not sign it.
Can it change the rules without noticeyes, and it says so0.60/3
“22.6. The User acknowledges that certain amendments may take immediate effect without prior notice where necessary to comply with legal requirements, orders of competent authorities, compliance requirements, protection of programme integrity, or prevention of fraud and operational risks.”The clause that makes every dated verdict perishable, including ours. Near-universal, so not fatal.
Is the binding document datedyes2/2
“Last updated: 5 May 2026”Without a date you cannot tell whether the rule you read is the rule they apply.
Two official pages that disagree
the payout terms · costs money
“Guaranteed Performance Rewards: Traders receive their earnings when they meet set targets.”“The mere achievement of numerical targets, performance parameters or positive results in Simulated Trading does not, in itself, create an automatic entitlement to any Performance Reward.”the payout terms · costs money
“Reward Share Up to 95%”“Traders can increase their Reward Share up to 95% with add-ons.”the drawdown rule · costs money
“It is based on your initial balance and resets once you pass the Challenge and receive your FundedNext Account.”“Therefore, if your account balance/equity drops below $90,000 at any point during your trading journey, it will be considered a rule violation in both the Challenge Phase and the FundedNext Account Phase.”the payout terms · costs money
“Subsequent Withdrawal On-Demand”“To request a Performance Reward withdrawal, you must grow your account by at least 1% within the current trading cycle.”who stands behind the account · costs credibility
“We are authorized and regulated by reputable authorities, providing you with confidence when trading with us.”“The Services do not constitute, under any circumstances, investment services, portfolio management, brokerage, execution of real orders, financial intermediation or regulated activity.”the payout terms · costs money
“One process. Four steps. No hidden queue. No exceptions.”“In Case of Bank Transfer: Performance Reward requests submitted via Bank Transfer are not eligible for the FundedNext Brand Promise.”the payout terms · costs money
“15% Performance Reward $3,900”“The 15% reward from Challenge is not available for U.S.-based clients .”who stands behind the account · costs money
“Trader and client funds are held in segregated accounts at tier-1 banking partners — separate from operating capital.”“FundedNext is not a broker, dealer, exchange, or investment advisor, and does not accept or manage client deposits.”The company behind it
If it goes wrong, which company do you claim against, and under whose laws?
The company you contract withGrowthNext – F.Z.E.no changeno change4/4
“2.1. The Services made available under the FundedNext brand are offered and contracted by the User with GrowthNext – F.Z.E., a company duly registered under No. 28831, with its registered address at Office No. 7, AI Robotics HUB, C1 Building, Ajman Free Zone (AFZ), Ajman, United Arab Emirates ("Provider"). The Provider is the sole contracting party responsible for the offering, administration, governance and management of the Services vis-à-vis the User, under the terms of this Agreement.”With no named company there is nobody to sue.
Where it is registeredAjman, United Arab Emirateswe did not read this stageEmirate of Ajman1/2
“2.1. The Services made available under the FundedNext brand are offered and contracted by the User with GrowthNext – F.Z.E., a company duly registered under No. 28831, with its registered address at Office No. 7, AI Robotics HUB, C1 Building, Ajman Free Zone (AFZ), Ajman, United Arab Emirates ("Provider"). The Provider is the sole contracting party responsible for the offering, administration, governance and management of the Services vis-à-vis the User, under the terms of this Agreement.”“27.1. These Terms, as well as any legal relationship arising therefrom, shall be governed by and construed in accordance with the laws of the Emirate of Ajman and the federal laws of the United Arab Emirates”A claim in the Czech Republic and a claim in St Vincent are not the same claim.
Its registration number28831we did not read this stage288312/2
“2.1. The Services made available under the FundedNext brand are offered and contracted by the User with GrowthNext – F.Z.E., a company duly registered under No. 28831, with its registered address at Office No. 7, AI Robotics HUB, C1 Building, Ajman Free Zone (AFZ), Ajman, United Arab Emirates ("Provider"). The Provider is the sole contracting party responsible for the offering, administration, governance and management of the Services vis-à-vis the User, under the terms of this Agreement.”What turns a name into something checkable in a public register.
That company owns the brandyes2/2
“FundedNext™ © 2026 is a registered trademark and brand name owned by GrowthNext F.Z.E..”Signing with a company other than the brand’s owner separates who sold to you from who answers to you.
The people behind it are namedyes2/2
“In 2015, Abdullah Jayed and Abdullah Galib started NEXT Ventures with 5 people.”Named people can be looked up. A company on its own cannot always be.
Almost no firm here has a financial regulator, because selling simulated evaluations is not a regulated activity anywhere. Of the 114 firms we scored by hand, 96 sat in the bottom two rungs of backing for this reason. So we do not count it against anyone — it only adds when a firm genuinely has one.
The market
Do your orders reach a market, or is all of it a simulation?
What the funded account issimulated, with no route to real capital0/4
“1.6. All trading activity within the CFDs Challenge occurs exclusively within a simulated environment. No orders are executed in the live market, and no financial instruments are purchased, sold, or traded on behalf of the Customer.”The question that separates a firm that earns when you lose from one that earns when you last.
Conditions to reach a real marketNo such thing in this plan.—
“1.6. All trading activity within the CFDs Challenge occurs exclusively within a simulated environment. No orders are executed in the live market, and no financial instruments are purchased, sold, or traded on behalf of the Customer.”Promising a route to a real market without publishing the conditions is promising nothing.
Almost none names a broker or a clearing house either, and that follows from the account being a simulation rather than being a second, separate failing. Charging for both would count one fact twice.
We read the rules of every plan it sells and issued a verdict on each one.