Independent firm profile
FundedNext
Rapidly growing prop firm offering evaluation and instant funding programs up to $300K across FX and CFDs.
- Headquarters
- Dubai, UAE
- Founded
- 2022
- Funding model
- Evaluation-Based Funding
- Region served
- Middle East
Community rating
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Overview
What this firm is and who it serves
FundedNext, headquartered in the UAE, has rapidly become one of the largest retail prop firms by offering multiple evaluation models (Evaluation, Stellar, Express) plus a 15% profit share even during the challenge phase. It serves a global, predominantly emerging-market trader base.
"Empower traders globally with flexible funding models and high profit splits."
At a glance
Structured facts about this firm
- Firm Type
- Evaluation-Based Funding prop firm
- Market Focus
- Stocks, Forex, Crypto
- Trading Style
- Evaluation-Based Funding, evaluation-based funding
- Institutional Level
- Retail-accessible proprietary firm
- Retail Accessibility
- Open to retail traders via evaluation
- Geography
- Dubai, UAE · Middle East
- Known For
- Multiple model choices
- CEO
- Syed Abdullah Jayed
- Team size
- 250+
Funding programs
Account types and the path to capital
Evaluation
AvailablePass a challenge before receiving a funded account.
Instant funding
—Not offered by this firm.
Scaling plan
Available40% scaling every 4 months; up to $4M total allocation.
Fees from ~$59 to ~$1,000 depending on size and model.
Trading rules
What's allowed, what isn't
Asset classes supported
Scaling rules
40% scaling every 4 months; up to $4M total allocation.
Related terms: trailing drawdown · consistency rule · profit split
Platforms & technology
Where and how you trade
Supported platforms
Payout structure
How and when you get paid
Pros & cons
A balanced view based on documented terms
Strengths
- +High split
- +Generous promotions
- +Multiple model options
Trade-offs
- −Rules vary by model
- −Some restrictions on news trading
Frequently asked questions
Common questions about FundedNext
Is FundedNext a legitimate prop firm?+
FundedNext was founded in 2022 and is headquartered in Dubai, UAE. Rapidly growing prop firm offering evaluation and instant funding programs up to $300K across FX and CFDs.
Does FundedNext require an evaluation?+
Yes. FundedNext requires traders to complete an evaluation phase before being granted a funded account.
What is the profit split at FundedNext?+
FundedNext pays traders 95% of net profits, keeping the remainder as the firm's share.
What is the maximum account size at FundedNext?+
Traders can scale up to a maximum allocation of $400,000 with FundedNext, subject to the firm's scaling and consistency rules.
How often does FundedNext pay out?+
FundedNext processes payouts on a weekly (stellar) / on-demand basis, with first payout eligibility: 5–14 days depending on plan.
What platforms does FundedNext support?+
FundedNext supports the following trading platforms: MetaTrader 4, MetaTrader 5, cTrader.
What trading restrictions does FundedNext enforce?+
At FundedNext, news trading is allowed, overnight holding is allowed, weekend holding is allowed. Always confirm current rules directly with the firm before trading.