TLDR: A FundedNext Account is the simulated trading account you receive after passing the Futures Challenge. It allows you to trade in real market conditions and withdraw Performance Rewards. The rules differ slightly depending on whether you passed the Rapid Challenge or the Legacy Challenge.
A FundedNext Account is awarded after successfully passing the Futures Challenge. It simulates real market trading and lets traders withdraw Performance Rewards from their profits.
Both Rapid and Legacy FundedNext Accounts give you access to live trading, but their rules vary to reflect the different Challenge plans.
How Does the Futures Rapid FundedNext Account Work?
The Rapid FundedNext Account is designed for traders who prefer more flexibility and fewer restrictions after passing the Challenge.
No Daily Loss Limit: There’s no Daily Loss Limit, allowing more freedom in your trading strategy.
No Benchmark Days: You can request a Reward immediately after meeting profit and consistency requirements.
Consistency Rule: Your single-day profit cannot exceed 40% of your total profits to ensure steady trading.
Flexible Withdrawals:
Minimum withdrawal starts from $250 (or $500 for the $100K account).
There’s an initial cap on how much you can withdraw per cycle (e.g. $800 for 25K, $1,500 for 50K, $2,500 for 100K).
Once you’ve withdrawn 5 Rewards, the withdrawal cap is completely removed, allowing unlimited withdrawals afterward.
Fast Payouts: Withdrawals are typically processed within 24 hours once approved.
Rewards:
You can earn Rewards from your trading gains.
There is no 15% Reward bonus linked to the Challenge's profit target—that bonus is exclusive to the Legacy model.
How Does the FundedNext Futures Legacy Account Work?
The Legacy FundedNext Account has slightly different rules and is built for traders who prefer structured trading environments.
Daily Loss Limit Applies: You must maintain your trade within the Daily Loss Limit to avoid temporarily pausing your FundedNext Account.
Benchmark Days Required: You must complete at least 5 benchmark trading days before requesting your first Reward payout.
Consistency Rule: Your highest single-day profit cannot exceed 40% of the total profits made in the account.
15% Performance Reward from Challenge: Exclusive to the Legacy Challenge, traders can earn a 15% Performance Reward from Challenge based on the Challenge's profit target after withdrawing at least 10% of their account size from the FundedNext Account.
Withdrawals:
Once eligible, you can withdraw profits immediately without delay within 24 hours.
The Maximum Loss Limit resets to your initial balance after your first Reward withdrawal and this applies both Rapid and Legacy Challenges.
Key Differences
Feature | Futures Rapid FundedNext Account | Futures Legacy FundedNext Account |
Daily Loss Limit | ❌ Not applicable | ✅ Applies |
Benchmark Days | ❌ No benchmark days | ✅ Minimum 5 benchmark days |
Consistency Rule | ✅ Applies | ✅ Applies |
15% Performance Reward from Challenge | ❌ Not available | ✅ Available |
Withdrawal Processing Time | ✅ Usually within 24 hours | ✅ Usually within 24 hours |
Both FundedNext Account types allow you to trade in simulated live market conditions and withdraw Reward. The choice depends on your trading style!