What are the Criteria to move to the Live Trading program for the FundedNext Futures Flex Challenge?
FundedNext's risk team keeps a close eye on each trader's performance and determines the right time for them to go live. After withdrawing at least 5 Performance Rewards, a trader is considered for the Live Trading Program.
Beyond this, traders may also enter the live review pool if any of the following conditions are met:
Demonstration of exceptional performance across FundedNext Accounts
Having prior live trading experience with FundedNext
After accumulating a significant amount of lifetime rewards
Meeting these criteria does not guarantee entry into the Live Trading Program. All live transitions occur at the sole discretion of FundedNext.
Transition to Live
When a trader is moved live:
All existing FundedNext Futures Flex Challenge Accounts will be concluded as part of the transition
All simulated profits in the closed accounts will not carry forward
Flex FundedNext Accounts with at least 1 successful withdrawal will be eligible for transition
Flex FundedNext Accounts with 0 payouts will be closed alongside the Challenge Accounts
If any Bolt FundedNext Account is active during the transition, that account will also be closed. Since Bolt does not have a path to live, one last reward will be provided based on the account's rules and available PnL.
Note:
All Challenge Accounts are closed at the time of transition. Traders who prefer to preserve their Challenge Accounts should keep this in mind before stacking multiple accounts.
During the transition period, all Rapid or Legacy Challenge Accounts will be closed. Any active Legacy or Rapid Funded Accounts will also get migrated to the live program. These accounts will maintain our existing live account framework, consisting of the Deposit, Settlement, and Reserve Balance structure.
All live accounts begin with:
Account Size | Starting Balance | Maximum Contract Limits |
50K | $1,500 | 2 Mini | 20 Micro |
100K | $2,500 | 3 Mini | 30 Micro |
150K | $4,000 | 4 Mini | 40 Micro |
Traders will be provided with one live account for all eligible accounts.
The cumulative maximum deposit of the live account across all combined Flex Accounts cannot exceed a total threshold of $10,000.
In addition, all live accounts include:
Daily Withdrawal option
End of day drawdown
No Daily Loss Limit
Profit split: 80/20
Minimum withdrawal request amount: $100
Generate at least $500 in new closed profit between withdrawal requests.
Traders can lose upto 80% of the initial deposit on their first cycle. After requesting a withdrawal, the Maximum Loss Limit will be set at the starting balance. This means that, at all times, the current balance must be greater than the starting balance.
Cooldown
Traders who lose their live account enter a 4-week cooldown period. No trading activity or new account purchases are permitted during this time.
Note: Account Purchase option is temporarily halted throughout the duration of your Live Journey. If you wish to purchase a new account, you will need to wait until your current Live Journey is completed.