Everything you need to clear a FundedNext evaluation — the drawdown, daily loss, consistency and minimum-day rules — and a free way to check whether your trading is actually ready before you pay the fee.
FundedNext runs a static (fixed) maximum drawdown — the loss limit is measured from your starting balance and does not move as you profit, which is the most forgiving type to manage. Getting the drawdown maths wrong is one of the most common reasons traders fail an evaluation, so it pays to know exactly how yours is measured before you start.
To clear FundedNext you need to respect a daily loss limit of 5% of your account, stay within the 10% maximum drawdown, satisfy a consistency rule of about 40% — no single day may account for more than that share of your total profit, and complete a minimum of 5 days of trading activity before you can request a payout/funded account. Most failed challenges come down to one or two of these rules — usually the drawdown type and the consistency requirement — rather than a lack of profitability.
Traxent bakes FundedNext's published rules into a readiness score. Log your trades (or practise in the sim journal) and Traxent tells you, rule by rule, whether you'd currently pass — and which of at least 16 firms you track fits your style best.
Check my readiness Compare at least 16 firmsFundedNext uses a static (fixed) maximum drawdown — the loss limit is measured from your starting balance and does not move as you profit, which is the most forgiving type to manage. The maximum drawdown is 10%.
FundedNext has a daily loss limit of 5% of your account. Breaching it ends the evaluation, so position sizing and a daily stop are essential.
FundedNext has a consistency rule of about 40% — no single day may account for more than that share of your total profit. Traxent scores how evenly your profit is distributed so you can see whether you'd pass this rule before attempting the challenge.
FundedNext requires a minimum of 5 days of trading activity before you can request a payout/funded account. Traxent tracks your logged trading days against this automatically.
No. Traxent is an independent education and readiness tool. The FundedNext rules shown here are summarised from FundedNext's publicly published documentation and may change — always confirm the current rules on the firm's own site before purchasing an evaluation.
Rules summarised from FundedNext's publicly published documentation and are subject to change; figures are indicative and may vary by account size or program. Always confirm current rules on FundedNext's official website before purchasing an evaluation. Traxent is an independent educational tool, is not affiliated with, endorsed by or connected to FundedNext, and does not provide financial advice. Trading involves risk.