With a vision to fund promising traders from all over the world, FundedNext has created a trader-friendly funding programme that allows every kind of trader to participate and get funded. However, there is always room to ensure our traders get the absolute best experience on our platform.
Over the last few weeks, one of the overwhelming requests from the community has been to reduce the minimum trading days for phase-1 and phase-2 of the Evaluation Model. Based on the feedback of many traders in our community, we are; reducing the minimum trading days for both phases of the Evaluation Model to 5 days.
Simply put, in FundedNext’s Evaluation Model Phase-1, traders have to trade a minimum of 5 separate trading days while maintaining all the other rules and targets before moving on to Phase-2.
Similarly, in Phase-2, traders have to trade a minimum of 5 separate trading days while maintaining all the other rules and targets before getting their funded accounts. Meaning, a trader needs to trade at least a total of 10 trading days in 2 phases before receiving a funded account.
Once traders get their funded accounts and start profiting, they get their first profit share after a 4-week cycle and the next profit share bi-weekly (2 week cycle). The day the first trade is placed on a new cycle is considered to be the first day of the cycle.
This update will help traders achieve their goal of getting funded much quicker. Traders in the Evaluation Model who are able to reach the profit targets quickly will receive their funded accounts much quicker as a result of this update.
As a firm with long-term goals, we want to work closely with our traders and supporters. We are committed to providing traders with the best experience in the funding industry and becoming the best funding solution in the prop firm industry. We look forward to your support on this journey.