FundedNext: Innovative Prop Trading Firm in the UAE
Based in the United Arab Emirates, FundedNext marks its presence in the proprietary trading space with a year of operation and is led by CEO Abdullah Jayed. The firm extends access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5) through Incenteco and GrowthNext, which are recognized trading systems.
Why Choose FundedNext?
Trusted Trading Platforms: FundedNext provides access to MT4 and MT5, ensuring traders can utilize reliable and advanced trading tools.
Flexible Account Sizes: With account sizes ranging from $6,000 to $200,000, FundedNext accommodates traders with different levels of experience, from beginners to seasoned professionals.
Comprehensive Evaluation Challenges
FundedNext offers both 1-step and 2-step evaluation challenges to suit various trading strategies:
- 1-Step Evaluation: Choose between a 10% or 25% profit target challenge.
- 2-Step Evaluation:
- 8% profit target in Phase 1 and 5% in Phase 2.
- 10% profit target in Phase 1 and 5% in Phase 2.
Risk Management: The maximum total drawdown limits range from 6% to 10%, promoting disciplined trading practices.
Diverse Trading Instruments
FundedNext offers a wide range of trading instruments, enabling traders to diversify their strategies:
- Forex: Includes major pairs like EURUSD and volatile pairs like GBPJPY.
- Precious Metals: Includes instruments like XAGUSD and XAUUSD.
- Indices: Includes well-known indices such as AUS200, GER30, and SPX500.
A Significant Opportunity for Traders
FundedNext represents a significant opportunity for traders aiming to excel in the financial markets. With trusted trading platforms, flexible evaluation challenges, and a diverse range of trading instruments, FundedNext is well-positioned to support traders in achieving substantial success. The firm’s commitment to providing robust trading tools and diverse market access makes it a standout choice in the prop trading industry.