TL;DR: In Futures Flex FundedNext Account, to be eligible for the withdrawal of a Performance Reward, at least 5 Benchmark Days and a minimum of $500 in profits within the current cycle are required.
To withdraw Performance Rewards from a Futures Flex FundedNext Account, traders must meet certain requirements.
A Performance Reward is a trader's share of gains for their skill and effort while trading in a FundedNext Account after passing the Flex Challenge. At FundedNext Futures, you can withdraw up to 50% of your accumulated profit (up to a maximum cap depending on account size) after every 5 benchmark days.
Eligibility Criteria by Account Size
Criteria | Flex 50K Account | Flex 100K Account | Flex 150K Account |
Benchmark Days | 5 days of $200 | 5 days of $200 | 5 days of $250 |
Minimum Profit | $500 | $500 | $500 |
Minimum Withdrawal | $250 | $250 | $250 |
Maximum Withdrawal | Up to 50% of profit (max $1,500) | Up to 50% of profit (max $2,500) | Up to 50% of profit (max $4,000) |
Reward Share | 80% (90% with add-on) | 80% (90% with add-on) | 80% (90% with add-on) |
Maximum Loss Limit Locks | Locks at $50,100 after first payout | Locks at $100,100 after first payout | Locks at $150,100 after first payout |
Key Takeaway
The first withdrawal resets the maximum loss limit (MLL) back to $50,100, $100,100 & $150,100 for $50K, $100K and $150K accounts.
After 5 Performance Reward Withdrawals, the Flex FundedNext Account will be concluded. The trader will then be evaluated for FundedNext Live Trading Program.
The term "payout" is known as "Performance Reward" in FundedNext Futures.