TLDR: After passing the Legacy Challenge, traders can withdraw up to 50% of accumulated profit after every 5 Benchmark Days. Once 30 Benchmark Days are completed, traders may withdraw 100% of profits as Performance Reward.
A Reward is a trader's share of gain for their consistency and effort while trading in a FundedNext Account after passing the Legacy Challenge. At FundedNext Futures, you can withdraw up to 50% of accumulated profit after each 5 Benchmark Days. After 30 Benchmark Days, they can withdraw up to 100% of the accumulated profits.
How does it work?
From your first trade onwards in your FundedNext Account, you will be able to withdraw up to 50% of the accumulated profit as Reward before 30 Benchmark Days.
Once you have completed 30 benchmark days in your FundedNext Account and met the eligibility criteria for Rewards, you can withdraw 100% of the accumulated profit as Rewards.
Note: You must meet all conditions before requesting a withdrawal. Click here to learn more.
Futures Legacy FundedNext Account Reward Example
A trader grows their account by $5,000 before 30 Benchmark Days and has met all the eligibility criteria for Reward. So, the trader will receive a 50% Reward or $2,500 as a withdrawal.
A trader has completed 30 benchmark days and grows their account by $6,000. Since they have met all Reward criteria, they are eligible to withdraw 100% of their Reward, which is $6,000.
Important rules and guidelines
The first withdrawal sets the Maximum Loss Limit to the starting balance.
Withdrawing 100% of your Reward will trigger a Hard Breach and lead to your account being paused.
This is caused by the Maximum Loss Limit, which is a trailing End-of-Day (EOD) drawdown that locks at the initial balance of your account.
Since you cannot reset a FundedNext Account, it is important to manage your withdrawals carefully to keep your FundedNext Account active.
Reward withdrawal limits
At FundedNext, we provide traders with flexible Reward options to ensure a seamless withdrawal process.
Minimum Reward: $250. Traders must accumulate at least $500 before requesting a withdrawal of $250.
Maximum Reward: No limit. There is no restriction on the maximum amount you can withdraw.
This allows traders to withdraw Reward freely based on their trading performance.
Once all conditions are met, your withdrawal will typically be processed within 24 hours.