FundedNext, an innovative trading firm, stands apart from typical trading platforms. It introduces a unique scaling plan that allows traders to access significant capital and boost their earnings. This presents a growth opportunity for traders to showcase their trading skills and and trading strategies and meet set targets.
If you’re wondering how this scaling plan can enhance your trading career and open doors to new possibilities read more.
This blog will explore the details, benefits, and potential challenges of FundedNext’s approach. Prepare to delve into a platform transforming the trading industry and empowering traders to reach their financial goals.
What is a Scale Up Plan?
In trading, a scaling plan offers traders a special chance to get more capital and increase their earnings. FundedNext, a leading prop firm, offers traders and truly build a competitive scaling plan.
This plan aims to give traders a way to show their skills, reach specific goals, and earn rewards, leading to career advancement.
This opportunity opens doors for traders to potentially receive a capital allocation of up to 4 million. Skilled and disciplined traders can use FundedNext’s Scale-Up plan to boost their trading efforts. The eligibility criteria for Evaluation, Express, or Stellar Models stay the same, making the process simpler.
FundedNext Scaling Plan
FundedNext offers a scaling plan for traders who consistently demonstrate success and follow the trading rules. The scaling plan provides an opportunity to expand trading activity by potentially receiving a capital allocation of up to 4 million. The eligibility criteria for the Evaluation, Express, or Stellar Models remain consistent, and traders must meet the following criteria in a FundedNext account over a four-month period:
Achieve a minimum accumulated account growth of 10% in four consecutive months
Receive at least two payouts within these successive four months
The last trading cycle should end in profit
The review process takes place every four months, and traders who meet the eligibility criteria are eligible for a 40% increase in the account balance, up to a maximum of 4 million. The scaling plan offers enhanced opportunities for traders, with a straightforward process and the ability to scale up the trader’s accountbalance by 40%. If a trader fails to meet the criteria, their account will be evaluated again in the next four-month period.
FundedNext offers three scaling packages with different payout ratios:
Starter: Starts with a $10,000 account and offers up to a $14,000 scaling limit
Pro: Starts at a $25,000 account and offers 40% scaling of up to $35,000
Elite: Starts with the $50,000 funded account and offers 40% scaling limits up to $70,000.
When traders become eligible for the scale-up plan, their profit share increases from 80% to 90%. The scaling plan is designed to provide traders with the opportunity to grow their trading accounts and increase their profit potential while maintaining a disciplined trading approach.
Navigating the Review Process & Eligibility Criteria
Traders aspiring to scale up must meet specific eligibility criteria within a FundedNext account over four months:
Achieve a minimum accumulated account growth of 10% over four consecutive months.
Receive at least two payouts within these four successive months.
Ensure the last trading cycle concludes in profit.
FundedNext Evaluation, Express, or Stellar accounts every four months. Meeting the criteria, traders are eligible for a 40% increase in their account balance, capped at 4 million.
Illustrating the Scaling-Up Process
After examining a trader’s performance over four consecutive months, FundedNext reviews the account and, if criteria align, scales it up by 40%. For example, with a 40% Scale-Up, the new balance reaches $140k.
Considering the new full account size andbalance, traders face a daily loss limit of 5% ($7K) and an overall loss limit of 10% ($14K). The subsequent Scale-Up target is a 10% account growth of $140K over the next four months.
Scaling up with FundedNext emerges as a straightforward process, unlocking a community for the traders and enhanced opportunities for traders.
Addressing Challenges: Unprofitable Last Trading Cycle
What happens if a trader achieves 10% of their profit target for trading style inScaling Up but fails to secure a profit in the last trading cycle?
Consider a trader starting on January 1st. After four consecutive months, the trader attains a 10% profit by April. However, the last trading cycle results in no profit. In such cases, the trader is ineligible for the Scale-Up plan.
The account undergoes reevaluation in May, following the completion of the trading cycle (February, March, April, and May). Meeting all criteria during the latest four-month period reinstates eligibility for the Scale-Up plan.
About FundedNext
FundedNext is a leading prop trading firm that provides a unique opportunity for traders to access substantial capital and maximize their earnings.
FundedNext’s platform is designed to support traders in their trading journey. Offering a trader-friendly environment with a dedicated trading account manager. And continuous support through its FundedNext Pro Support option, conveniently located on the dashboard for quick access.
The firm’s unique approach includes a 15% profit share during the evaluation phase, aiming to reward top-performing traders and leverage their earnings into profits.
FundedNext stands out by providing a range of account sizes from $6,000 to $200,000. Accommodating traders with different levels of experience.
The firm also offers a variety of funding models. These models include Two-step Stellar, One-step Stellar, Evaluation, and Express, each with its own set of challenges and benefits.
Additionally, FundedNext supports trading in options, forex, and commodities, and it extends access to MetaTrader, a popular trading platform. And a vibrant Discord to join the global community for learning, strategy exchange, and trader interaction.
FundedNext offers comprehensive support, a unique profit-sharing model, and diverse trading options. This makes it a compelling choice for traders seeking to advance their trading careers and maximize their potential earnings.
Read our complete review of FundedNext and don’t forget to apply exclusive discount code SHINY10 for 10% off +3% GI-Cashback.
