Overview
FundedNext launched in 2022 and scaled faster than almost any prop firm before it. The 90% profit split from day one — not after a scaling plan, not as an upsell — was the marketing hook that worked. But the substance behind it is real: the evaluation structure is genuinely competitive, the payout speed is among the fastest in the industry, and the community of funded traders is large enough to produce meaningful verified withdrawal data.
The key distinction from FTMO: FundedNext allows weekend holding and has a lower minimum trading day requirement. If you hold positions across the weekend, this single rule difference makes FundedNext the correct choice regardless of how the rest of the comparison goes. The 90% split is the better headline, but the weekend holding permission is the more practically significant difference for most strategy types.
The $299 entry fee for a $100K account is meaningfully lower than FTMO’s $540, and FundedNext also refunds it on first payout. The combination of lower entry cost, weekend holding, and 90% split makes FundedNext the right answer for a specific trader profile: someone who swing trades or holds multi-day positions, who cares about the split percentage, and who wants the fee refunded when they pass.
The Evaluation Structure
The standard model is a 2-Step with 10% Phase 1 target and 5% Phase 2 target, same as most major firms. What differentiates it is the Express model — a 1-Step evaluation with a higher profit target (25%) but no Phase 2 requirement. For traders confident in hitting the target in a single run, Express can be faster and cheaper than the standard route.
The drawdown model uses a relative (trailing) calculation on most accounts. This means your unrealised profits that you give back raise the floor against you. Understand this before you start: if you run up $5,000 in unrealised P&L and then give it back, your remaining drawdown buffer has permanently shrunk. Use the Drawdown Calculator to model this against your typical trading behaviour before committing.
✅ What We Like
- 90% profit split — highest in the industry for a top-tier firm
- Weekend holding allowed
- News trading allowed
- 24–48 hour payouts — fastest consistent payout in our data
- Fee refunded on first withdrawal
- Copy trading and EAs both permitted
❌ What Could Be Better
- Founded 2022 — shorter track record than FTMO or The5%ers
- Match-Trader UX less familiar to MT4 traders
- $200K max is lower than FTMO's $400K
Score Breakdown
Evaluation Rules
The drawdown here is trailing — the loss limit follows your equity peak upward. Hit new highs and your floor rises with you, which means unrealized profit you give back counts against your remaining room. This model catches out more traders than any rule in prop trading: run our Drawdown Distance Calculator before sizing up.
Trading Rules at a Glance
| Rule | Status |
|---|---|
| News Trading | Allowed ✓ |
| Weekend Holding | Allowed ✓ |
| EAs / Robots | Allowed ✓ |
| Copy Trading | Allowed ✓ |
| Challenge Fee Refundable | Yes ✓ |
| Drawdown Type | Trailing |
Trading Platforms
The long-standing industry standard for forex. Huge EA library, familiar to almost every retail trader, still the platform most automated strategies are built for.
MT4's successor — faster backtesting, more timeframes, depth-of-market, and native support for more asset classes. Most newer firms have standardised on it.
Known for clean charting and transparent level-II pricing. Favoured by scalpers for its execution detail. Rare among prop firms, so support here is a genuine differentiator.
Another modern MetaTrader alternative — web-first with integrated TradingView charts. Increasingly common at newer forex firms.
Payouts
Payout reliability matters more than any headline number — a generous split means nothing if withdrawals stall. FundedNext was processing withdrawals in 24–48 hours when we last verified this review, and the challenge fee is refunded once you reach your first payout — effectively making the evaluation free if you pass and withdraw. If you've withdrawn from this firm recently and your experience differs, use the report link at the bottom of this review.
Our Honest Verdict
FundedNext is the right call for swing traders, weekend holders, and anyone who wants the highest profit split from a verified, paying firm. The 90% split and $299 entry fee both come back on first payout. The trailing drawdown model requires active management — understand it before you start, not after a surprise account termination.
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