Funded Next
Funded Next Evaluation Rules: Static Drawdown and Two-Phase Targets
Funded Next keeps one of the simpler rule sets in the prop space — a static maximum drawdown from the starting balance and a clear two-phase profit target. That structure suits a systematic Pine Script that sizes risk consistently and exits clean.
Funded Next's eval structure
Unlike trailing-drawdown firms, Funded Next uses a static maximum drawdown measured from the starting balance. The floor is fixed on day one and doesn't move as profit accumulates — a strong session doesn't tighten the drawdown room the next day, which is significantly more forgiving than a trailing model.
The trade-off is there's no rising trail to lean on for protection. A bad early stretch comes directly off the original cushion, so consistent position sizing matters more than usual — a single rough day shouldn't be allowed to threaten the account.
Funded Next 50k eval — key rules
| Account | Profit Target | Max Drawdown (Static) |
|---|---|---|
| 50k | $4,500 | $2,500 |
50k tier is detailed in-source; 100k+ tiers are discussed qualitatively. Multiple plan types (Express, Standard, etc.) carry different numbers — the source page explicitly disclaims these figures and tells traders to confirm their specific plan.
Two-phase structure on the 50k tier: Phase 1 target $3,000 + Phase 2 target $1,500.
Drawdown type
Static
Fixed from the starting balance — explicit and repeated ("fixed at day one," "floor never rises").
Daily loss limit
None on most plans.
Consistency rule
None.
Min trading days
5 days minimum
5 minimum trading days per phase.
Payout split
Not published
A scaling plan is mentioned as available on the funded account, with no numeric detail given in-source.
Automation policy
Permitted during evaluation programs via TradingView alerts.
Two-phase structure — how it changes strategy pacing
The two-phase model means passing Phase 1 and then repeating the process at a slightly lower target for Phase 2. The strongest approach is running the identical strategy and parameters through both phases — traders who tighten risk between phases tend to slow down too much and stall out on Phase 2 instead of clearing it efficiently.
Which instruments to run
- MES — the best fit for 50k accounts. Small enough that a 2-tick stop only risks around $10, leaving plenty of trades before the drawdown floor becomes a concern.
- MNQ — higher reward per tick, reaching the Phase 1 target faster on a good run, with more variance along the way. A better fit for traders prioritizing speed over a smooth curve.
- ES / NQ — for 100k+ accounts, where the larger drawdown room supports full-size contracts.
Which plan fits Funded Next traders?
The Starter plan ($19/mo) covers the 50k Phase 1 + Phase 2 structure on MES or MNQ, sized for the $2,500 static drawdown. The Pro plan ($29/mo) targets 100k+ accounts on ES or NQ. The Custom plan ($250 one-time) is the right call for a more aggressive per-trade risk profile, since Funded Next doesn't impose a daily loss limit on most plans.