FundedNext
Total Paid Out
$261M+
Trustpilot
4.5★ (59.2K reviews)
Traders
244K+
Established
2022
Our Review
FundedNext Review 2026: A Complete Breakdown
FundedNext has rapidly established itself as one of the most prominent proprietary trading firms since its founding in 2022 by Abdullah Jayed. Headquartered in Ajman, UAE under GrowthNext F.Z.E., the firm operates across four global offices with over 350 professionals. With more than $261 million distributed to 95,000+ traders and a 4.5-star Trustpilot rating across 59,175+ reviews, FundedNext has built one of the strongest track records in the industry in just four years.
Challenge Structure
FundedNext offers four distinct CFD evaluation...
At a Glance
Trading Rules
Key Numbers
Programs & Pricing
| Program | Size | Fee | Phase 1 | Phase 2 | Daily DD | Total DD | Split |
|---|---|---|---|---|---|---|---|
| Stellar Instant $2K | $2,000 | $59 | — | — | — | 6% | 60% |
| Stellar Lite $5K | $5,000 | $32.99 | 8% | 4% | 4% | 8% | 80% |
| Stellar Instant $5K | $5,000 | $149 | — | — | — | 6% | 60% |
| Stellar 1-Step $6K | $6,000 | $65.99 | 10% | — | 3% | 6% | 80% |
| Stellar 2-Step $6K | $6,000 | $59.99 | 8% | 5% | 5% | 10% | 80% |
| Stellar Instant $10K | $10,000 | $299 | — | — | — | 6% | 60% |
| Stellar Lite $10K | $10,000 | $59.99 | 8% | 4% | 4% | 8% | 80% |
| Stellar 2-Step $15K | $15,000 | $119.99 | 8% | 5% | 5% | 10% | 80% |
| Stellar 1-Step $15K | $15,000 | $129.99 | 10% | — | 3% | 6% | 80% |
| Stellar Instant $20K | $20,000 | $599 | — | — | — | 6% | 60% |
| Stellar 2-Step $25K | $25,000 | $199.99 | 8% | 5% | 5% | 10% | 80% |
| Stellar 1-Step $25K | $25,000 | $219.99 | 10% | — | 3% | 6% | 80% |
| Stellar Lite $25K | $25,000 | $139.99 | 8% | 4% | 4% | 8% | 80% |
| Stellar 2-Step $50K | $50,000 | $299.99 | 8% | 5% | 5% | 10% | 80% |
| Stellar 1-Step $50K | $50,000 | $329.99 | 10% | — | 3% | 6% | 80% |
| Stellar Lite $50K | $50,000 | $229.99 | 8% | 4% | 4% | 8% | 80% |
| Stellar Lite $100K | $100,000 | $399.99 | 8% | 4% | 4% | 8% | 80% |
| Stellar 1-Step $100K | $100,000 | $569.99 | 10% | — | 3% | 6% | 80% |
| Stellar 2-Step $100K | $100,000 | $549.99 | 8% | 5% | 5% | 10% | 80% |
| Stellar 1-Step $200K | $200,000 | $1099.99 | 10% | — | 3% | 6% | 80% |
| Stellar Lite $200K | $200,000 | $798.99 | 8% | 4% | 4% | 8% | 80% |
| Stellar 2-Step $200K | $200,000 | $1099.99 | 8% | 5% | 5% | 10% | 80% |
22 programs available
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Payouts
Withdrawal Methods
Payment Methods
Pros & Considerations
Strengths
- Verified ~5 hour average payout speed with $1,000 penalty for delays exceeding 24 hours
- Four distinct challenge models (2-Step, 1-Step, Lite, Instant) for every trader type
- No time limits on any Stellar challenge program
- Up to 95% profit split with scaling potential to $4,000,000
- Stellar Lite entry from just $32.99 — most affordable in the industry
- 15% retroactive challenge phase profit reward (unique industry feature)
- 100% profit split on Futures division
- 243,000+ Discord community and 59,175+ Trustpilot reviews
- $261M+ total payouts distributed across 151,000+ transactions
Considerations
- Not regulated by any financial authority — operates under UAE free zone jurisdiction
- Trailing drawdown on Stellar Instant is extremely unforgiving (6% from high-water mark)
- US traders face platform restrictions (no MT4/MT5) and lose 15% challenge reward
- Subjective prohibited strategy rules — gambling behavior definition based on margin percentage
- 15% challenge reward now tied to Pro scaling benchmarks (Jan 2026 change)
- 1-Step has strict 3% daily loss limit vs industry standard 5%
- Multiple legal entities across jurisdictions adds complexity for disputes
FundedNext was founded in 2022 by Abdullah Jayed, a Bangladeshi entrepreneur, with the mission of "changing lives through trading." Based in Ajman, UAE, the firm was established under the parent company GrowthNext F.Z.E. (Business Registration No. 28831) in the Ajman Free Zone. From the outset, the firm positioned itself as trader-centric, offering evaluation-based challenges that allowed skilled individuals to access simulated trading capital without risking personal funds.
FundedNext experienced explosive growth in its first years of operation. By early 2024, the firm was hosting global trader meetups in the Philippines, Thailand, and Nigeria — a first-of-its-kind initiative in the prop trading industry. The firm secured strategic partnerships with MetaQuotes (developer of MT4/MT5), Google, and Meta, lending institutional credibility to its operations. The Discord community grew from zero to over 243,000 members within three years. By 2025, the firm had introduced the Stellar Challenge lineup (2-Step, 1-Step, and Lite models), discontinued the older Evaluation and Express models (effective March 18, 2025), and launched the Stellar Instant no-evaluation model and FundedNext Futures division.
As of February 2026, FundedNext operates with over 350 dedicated professionals across four global offices (UAE headquarters, Cyprus, Hong Kong, and Comoros). The firm has funded over 364,600 accounts and distributed more than $261 million in payouts to 95,000+ unique rewarded traders worldwide across 151,000+ individual payout transactions. FundedNext holds a 4.5-star Trustpilot rating with approximately 59,175 reviews, making it one of the highest-reviewed prop firms in existence. The company supports MT4, MT5, cTrader, and Match-Trader for CFDs, and NinjaTrader, Tradovate, and TradingView for Futures. A new FundedNext Pro Scale-Up program was introduced on January 12, 2026, and the firm continues to iterate on its product offerings.
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Frequently Asked Questions About FundedNext
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