TL;DR: To pass the FundedNext Futures Flex Challenge, traders must meet the profit target based on the Challenge size (Example: $2,500 for 50K Flex Account) while strictly following the Consistency Rule, where daily profit cannot exceed 40% of the total profit target. There is no daily loss limit, allowing greater flexibility in trade management, but the maximum loss limit still applies. All restricted strategy rules must also be followed to maintain disciplined and ethical trading.
The FundedNext Futures Flex Challenge evaluates a trader’s ability to manage risk while earning consistent profits in a simulated futures trading environment. To succeed, traders must reach specific profit targets while respecting risk management rules.
What are the requirements for passing the Flex Challenge?
The Flex Challenge has clear rules designed for accessibility and consistent execution.
Consistency Rule:
You must follow the consistency rule in the Flex Challenge throughout the Challenge Phase.
Daily profit cannot exceed 40% of your total profit target, ensuring a steady and systematic approach.
Profit Target:
You must meet the set profit target in the Flex Challenge based on the Challenge size.
Example: $2,500 for a $50,000 Flex Challenge.
No Daily Loss Limit:
No daily loss limits are enforced, giving you more flexibility in trade management.
However, the maximum loss limit still applies to safeguard overall risk.
Maintaining the Maximum Loss Limit:
The FundedNext Futures Flex Account follows an EOD-based trailing drawdown method.
It locks and stops trailing once the account hits $50,100 for 50K Account, $100,100 For the 100K Account & $150,100 for the 150K Account.
Trading Rules:
You must follow all restricted strategy rules to maintain disciplined and ethical trading.