Deciding whether you want to be a prop trader is a big step.
Our guide is designed to help you make that choice from a more informed perspective. From Chapter 1 on how prop trading works to Chapter 9, our glossary of common Forex terms, it’s all about giving you the info you need to decide if prop trading is right for you.
So, you already know the benefits of prop trading, like its fixed cost and potential for profit sharing. But which prop firm should you trade with?
There are plenty of reasons why FundedNext is one of the leading prop firms for Forex traders across the globe. Let’s take a closer look at why so many traders don’t only start trading with us but stay with us for the long haul.
Key Advantages and Trader Support at FundedNext
Trading with FundedNext has several advantages for a trader. Here is a breakdown of all the benefits:
15% Profit Share in the Challenge Phase
Just like financial firms that engage in traditional prop trading, modern prop trading firms need traders they can count on. So, they require traders to complete a challenge phase to prove their skills and demonstrate their abilities. By completing the challenge, traders earn the ability to keep trading on an ongoing basis and, crucially, to earn profit splits (those profit splits can reach as high as 95% at FundedNext).
At FundedNext, we do things are a little differently from many other firms. We know that traders work hard to complete our challenges, so we offer a 15% profit share in the Challenge phase for traders who meet the profit requirements. We also offer a reward bonus after you complete the Challenge phase — so, don’t forget to request it!
Trader-Centric Approach
From our low commissions, raw spreads, and account scaling options to multiple challenges with no time limits and swap-free trading, FundedNext offers what traders want. By offering best-in-class trading platforms like MT4, MT5, and cTrader along with a deep and intuitive trading dashboard, we put everything you need to trade in your hands.
Your success should hinge on your own choices — the quality of your analysis, risk management, and trading strategy. Neither excessive fees and costs nor mediocre tools and trading environments should bog it down.
You also deserve a firm guarantee that any profit splits you earn will not just be paid to you, but paid to you promptly. That’s why we guarantee traders who earn a profit share will receive it in 24 hours after requesting it. If your disbursement is delayed for any reason whatsoever, we’ll pay you an extra $1,000.
Strong Community & Support
With FundedNext, you can count on 24/7 support to resolve technical issues and ensure you’re positioned to keep trading Forex and other assets. Our help center offers a wealth of info about everything from technical issues to how to use our trading platforms. You can also join our trading community on Discord to meet fellow traders, discuss strategy, and so much more.
Fairness & Flexibility
At FundedNext, we’re dedicated to giving every trader the opportunities, tools, support, and community they deserve. A fair trading environment with a variety of account options allows exceptional traders to thrive.
It’s always up to traders to make the right calls. We’re committed to offering a trading environment that makes it as easy as possible to follow your strategy and make those choices.
Trader Feedback Makes FundedNext Better
Why FundedNext? Because when our traders talk, we listen. Feedback from our traders guides our priorities and helps to build a great overall experience. Our Discord and X (formerly Twitter) communities give us a direct line to what our traders think and what they want to see.
That feedback has helped us build our payout guarantee. It lets us know that our monthly free trading competitions should keep being a priority going forward.
Finding the Right Prop Firm for You
Ready to choose a prop trading firm for your journey? Chapter 2 in our guide can help, since it focuses on that exact topic. For now, here’s a quick rundown of key qualities to look for as you choose a prop trading firm:
- Credibility: Check out reviews, especially on established platforms like Trustpilot. There should be lots of reviews, spread out over a relatively long period of time, with mostly positive sentiment.
- Understand the terms and conditions: Great prop firms make it easy to look into their rules, requirements, and payouts. Can’t find this vital info even after digging into their help center and other documentation? That’s a red flag.
- Support and info: Make sure the firm offers adequate assistance, like a help center, and customer service as well. Bonus points if the support is available 24/7.
- Access to leverage: Leverage (the ability to borrow funds to scale up trading) is crucial for Forex and some other assets. You can use our own leverage options as a reference.
- Payout reliability: Does the firm make its schedule for payouts clear and tell you when to expect them? Do they offer a guarantee for the timing of payment, and an extra payment or other form of restitution if they don’t follow that schedule?
- Many challenge account options: Having choices is always a good thing. When prop trading firms offer many different challenge accounts, it’s easier to find one that aligns with your personal approach to trading and gives you the best shot at finding success.
- Trading platform and overall trading experience: Does the firm you’re looking at offer leading trading platforms, like MT4, MT5, and cTrader? Do they provide an in-depth trading dashboard with all the tools you need to analyze, track, and execute your trades?
FundedNext: The Leading Prop Trading Firm
The FundedNext team has built an exceptional, trader-focused prop firm for trading Forex and other assets, and our traders agree! Now, see what makes FundedNext stand out in an incredibly competitive industry for yourself.
Kickstart your trading journey today. Start with our Evaluation model, prove your trading abilities, and start trading with up to 95% profit split right away.
