Forex and CFD traders who want a static drawdown and no consistency rule at all. FundedNext refunds the challenge fee with your third reward and allows news trading.
It is a two-phase challenge (8% then 4%) with at least five trading days, and the first payout only comes after 21 days, then every 14. The split is 80%, risk is capped at 3% per trade, and news profits are capped. US traders are limited to the Match-Trader platform.
A middle-priced 50K at $229.99, with the biggest review base of any firm we track (over 80,000 on Trustpilot). E8 Markets is cheaper with a one-phase challenge and a first payout in three days, but has a funded consistency rule. Disclosure: PropKoala has an affiliate code with FundedNext.
Written by PropKoala from FundedNext's own rules and pricing, October 2026. List prices. How we check the data.
| Account size | Eval cost | Activation | Total cost | Challenge |
|---|---|---|---|---|
| $5K | $32.99 | - | $32.99 | 2-Step |
| $10K | $59.99 | - | $59.99 | 2-Step |
| $25K | $139.99 | - | $139.99 | 2-Step |
| $50K | $229.99 | - | $229.99 | 2-Step |
| $100K | $399.99 | - | $399.99 | 2-Step |
| $200K | $798.99 | - | $798.99 | 2-Step |
From FundedNext's own restricted-country list. Rules change, so confirm with the firm before you buy.
Read from Trustpilot on October 5, 2026. A score reflects how reviewers felt, not whether the rules suit you, so check the 1-star reviews for payout and rule complaints. Read the reviews on Trustpilot ↗
On a 50K account, FundedNext costs $229.99 in total to get funded: $229.99 one-time for the evaluation and no activation fee. These are list prices, before any discount code.
FundedNext uses static drawdown. The limit is set once and never moves, however much profit you make.
No. FundedNext has no consistency rule on the plan we track.
FundedNext lists its payouts as: First after 21 days, then every 14. The maximum profit split is 80% (80% reward share, fee refunded at 3rd reward).
Yes, FundedNext allows trading during news releases on the plan we track.
Yes. The code KOALA brings the 50K evaluation to $213.89, for a total of $213.89 to get funded.
FundedNext supports MT4, cTrader, MT5.
FundedNext has a TrustScore of 4.5 out of 5 from 80,834 reviews on Trustpilot, as of October 5, 2026. 82% of reviews are 5-star and 7% are 1-star.