Welcome to Investorbano welcome to another Post where you will Go through Another Forex prop firm Review where know can know about how this Prop firm Has changed some big Rules which people think that no prop firm will change these rules. Funded Next prop Firm Based in UAE and Also Have operational offices in Asia and the Middle east. Funded next prop firm offers two types of accounts which are Evaluation And Express Models. This Two Models Are Based On traders capabilities And Mainly it Gives Traders Flexibilities To Trade Funded Account.
Funded Next Types of Models Evaluation And Express Models Review
unlike any other prop firm Funded Next Have Two Models One is Evaluation Model And Other one is There Express Models. Both Are designed to Make Trader Real profitable but as We go deep into this both Funded programs we get to know much more about this two models. lets take a deep dive into this Accounts and Evaluation models. First we will go with Evaluations Model and Explain you How it works Then we will Discuss Express Model. So Lets find out.
Funded Next Evaluation Model Review
- Funded next evaluation model words the key Things to remember for Model Are number one is its a Two face funding process number 2 is Phase 1 profit target is 10% in 30 days. phase 2 to profit target is 5% in 60 days. So let me give you a summary of how the model works. First of all you sign up for an account and receive your Demo Account. Then you start your evaluation phase1 and you treat for the next 30 days to achieve the target of 10% account growth. if you are able to hit the profit target by maintaining all rules you go on to the next phase. now if you achieve the profit targets but not violate any rules what happens then? yes if you fail to reach the profit targets but not violating rules next month you get to start Phase 1 again this is what Funded Next called as free retake you can do this unlimited number of times as long as you’re not violating any of our rules.
- They did this so that Traders don’t have to take unnecessary risks to reach the target with the market not presenting very good opportunities rather than just being disciplined not to violate any rules and starting again the next month. so up next, if you want to complete Phase 1 successfully you move on to Phase 2 now your goal will be to grow your account by 5% in the next 60 days. while maintaining rules once Traders achieve that you get your funded real account now if passed assessment and start Trading with the real account within 80 % profit split during your first withdrawal you get 80% of profits made refund of your subscription fee and 15% profit share from profit that you made on your assessment faces then you continue trading with patients and discipline and after four months if a net profit is 10% or more vintage account balance by 40% as part of our scale up plan. This your profit split also becomes 90% from here wrong so that’s pretty much all there is now.
- Now to understand the entire road map much more clearly let’s go to an actual real life example in this part let’s assume that you start with $100,000 package and receive a $100,000 demo account so to start you First month you find some good opportunities in your able to make a 10% profit on your account within the next 30 days. That would mean that you’ve completed phase one of the evaluation process and you’re ready to move on to the next phase now 15% of the $10,000 profit you made that means $1500 is going to be paid out to you during your first withdrawal on the real account this is designed specially to acknowledge and reward your efforts and skills even from the assessment part. what happens next we proceed to face 2 and start Trading for the second phase of evaluation this time you go will be to grow your account by only 5% in the next 60 days .
- Funded next deliberately kept this very very achievable because we do not want to Burden the traders with an Unrealistic targets which cause them to Trade without discipline and risk management you hit your goal of 5% target and gain 15% of the 5000 profit you make that means 750 dollars is going to be paid out to you during your first withdrawal on the real account that means for Phase 1 and phase 2 you get a total of $1,500 + 750 dollars a total of $2250 of profit during your first Withdrawal isn’t that great. ok is the moving on now comes the interesting part you achieve your goals from Phase 1 and phase 2 without violating any Rules this means that you are now and you will receive a funded Nights $1000 real account with an 80% profit split now that you receive your Funded Account with real funds that is one important thing you need to remember if your net profit is 10% or more in 4 months period profit share will be pumped up from 80 % to 90%. You will also be eligible for a 40% increase in account balance as part of our scaleup plan.
- Now let’s dive into an example again to get much Much much better understanding. so you started in a real account and in the first month with 5000 dollar profit now you have a month and balance of $150,000 and a total of $5000. now 80% of this 5000 is yours so 80% of 5000 is 4000 this is the amount you get as profit share also at this point you 15% profit sharing from assessment face which is $2250 is paid out and your subscription fee is also refund. and then we move on to the next month so your account gets reset to $100000 again then can you Trade the whole month and Things do not go as planned and you end up with a 2000 loss. So now your month end balance is $98000 withdrawal amount is zero Dollars . And did not profit share as you did not make profit this month. At this point you have the net profit from this month and the set combined is 5000 – 2000 Equals to 3000 dollars Now let’s move to the next Trading month. so for the third month the starting account balance is $98000 you find the trading opportunities and you end up on a profit of $4000 this month.
- So now the month and account balance becomes hundred 102000 total withdrawal amount is 2000 and you get 80% of it which is $1600. At this point your total net profit from This month’s second and third month combined is 5000 – 2000 +4000 equals to 7000 dollars. So like this we move on to the next month which is the fourth month now your account again gets reset to $100000 and this month you are able to make a profit of $3000 now your month End balance $103000 and total withdrawal amount is 3000 dollars. from here you receive 80% of the profit which is 2400 dollars. At this point the total net profit from the first month second month 3rd month and the fourth month combined with 5000 – 2000 + 4000 + 3000 = $10000 now you started with a 1000 dollar Account 4 months ago in 4 months your total net profit is 10%. This means that you have successfully get the scale of target to increase your account balance and the profit split you are now eligible for 90% profit sharing from the next month and onwards not only this you are also eligible for 40% increase in account balance.
- This means starting from next month your initial account balance becomes 140000 Dollars. you can scale this account balance just like this all the way up to 4 million dollars. Now let’s see what happens in the fifth month with the newly added amount and new profit split.so your account balance now gets increased $140000 supposing profit $8000 for the month so your month and account balance becomes $148000 total withdrawal amount $8000. Now you get your profit share of $7200 and continue trading to the next month and the next month and after that and the process continues just like this. traders this is how the evaluation model works and this is how you become a successful prop Trader with Funded next.
Funded Next Express Model Review
Let us know how Funded next Funding Models works Now There are some things that you need to remember for this model. First thing is it’s a one step funding process. You only need to prove yourself once. Second thing is that there are no monthly profit targets. There is only one overall profit Target of 25%. this is named as the Growth Fund and the Third point is that there is absolutely zero time limit to the target of 25%. ok now let me give you a summary of the morals works.
- First of all you sign up for an account, select the funding amount and finish receiving your demo account. Next you start Trading and then it takes as much time needed to hit the target of 25%. just make sure to maintain Trading rules and while you chase the target you still receive a profit sharing of 15% every single month. Even when you’re still going to the assessment part. Next, once you reach 25% account growth, you get your fund in real account from here to start trading on your fund account with the profit split of 60% so all the profits you make on this account 60% is completely yours. Once you withdraw for the first time your account gets reset to the initial balance and your profits split will get pumped up to 75%. then you continue to trade again for the next month and grow your account once you withdraw on the second month your account again gets reset to the initial balance And your profit split gets pumped up to 90% from here whenever you withdraw will be getting in 90% profit share now was all this information to much Taken don’t you worry let me walk you through an actual example of the entire road map to make things much much more clear for you.
- so in this part let’s assume you start with the $100,000 package and receive under $1000 demo account you start trading for the first month. Things go great and the first month ends with $12000 profits. now we’ve already stated before that readers to get 15% profit shares from the very very beginning as a reward for their performance and discipline .so won’t happen from here to that will be getting a 15% profit share from the 12000 which you profit it in the first month so 15% off 12000 is $1800. This money is all yours withdrawal after the first month and like this you can start earning from the very very beginning with Funded Next.
- Now from here what we do next is to accumulate the $12000 profit in our Growth Fund and reset your account balance $100000 again now you’re starting trading again the next month for say you end up with $13,000 profit for this month. Again 15% of $13,000 is $1950. This money is all yours and you can withdraw it anytime you like. Now we accumulate the $13,000 profit again into your Growth Fund. So now if we add them to your accumulated profit for the first month and the second month the total amount in the growth fund is $25,000. This means that you have achieved the account growth target of 25%.
- you are now eligible to receive the funded next $1,00000 real account with 60% of profit split. Now that you receive your funding account with real funds There are some things to remember. First of all the profits increased from 60 % to 75% all the way up to 90%. with each withdrawal event and secondly if your net profit is 10% or more in a four-month time period you will be eligible for a 40% increase in account balance as part of a scalar plan. Now get into our example again to get a much much better understanding so you start Trading the real account and end the first month to the $5,000 profit. now you have the month end balance of $105,000 and total withdrawal amount of $5000 now 60% of this 5000 is yours. 60% of 5000 is $3000 this is the amount you get as profits are. also your subscription fee is also be refunded at this point not only this you profits splits now becomes 75% ok so now we move on to the second month after Trading your account gets reset $100k again.
- Trade the whole month and the things go bit ruff and you ended up with the $2000 loss.so now your month end account balance is $98000 withdrawable amount is zero Dollars and you do not get a profit share as you do not made any profit this month.at this point your total net profit first month and second month combined is 5000-2000 equals to 3000 dollars. Now let’s move on to the next Trading month so the Third starting account balance is $98000 you find Good trading opportunities and you end up in profit of $4000 this month. So now the month and account balance becomes $102000. Total withdrawal amount is $2000 and you get 75% of this 2000 which is $1500 now not only this now your profit split also becomes 90% at this point your total net profit from first month second month and the third month combined is 5000 – 2000 + 4000 = to 7000 dollars.
- so this will move on to the next month Again which is the fourth month your account again gets reset $100000 and this month you are able to make a profit of 3000 now your month end account balance is $103,000 and total withdrawal amount is 3000 dollars from here you receive in 90% profit which is $2700 and your profit split continues to be 90% on words for all the next coming months at this point it to the net profit from the first month 2nd month 3rd month and 4 month combined with 5000 – 2000 + 4000 + 3000 = $10000.Now this is the interesting part. You started with the $100,000 real account 4 months ago in 4 months now your total net profit is 10% this means that you have successfully hit the scale of target you are eligible for a 40 % increase in your account balance. This means starting from the next month your initial account balance becomes $140k. you can scale your account balance just like this all the way up to 4 million dollars.
Click in This Link And Join Funded Next – Funded Next
Funded Next FAQ
Q: Where is Funded Next Based?
Ans:- Based on Bangladesh And Headquarter in UAE
Q: Types of programs in funded Next ?
Ans:- Evaluation And Expressed
Q: Funded Next Maximum profit split ?
Ans:- 90% if Traders shows consistency
Q: Who Is the CEO of Funded Next?
Ans:- Abdullah jayed is the founder and CEO of Funded Next prop firm
without any delay let’s see what happens in the fifth month with the newly added amount so your account balance now gets increased $140000 suppose if profit $8000 for a month so you month’s end account balance becomes $148000 your withdrawable amount $8000. you get to profit share of 7200 and continue trading like this on to the next month. and the next one and the month after that and the process continues just like this. This is how the extra small words and this is how you become a successful Profitable Trader with the funded next express model.
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