FundedNext Review 2026

Prop firms do not require investment-firm licensing in most jurisdictions because they do not hold client capital. The model is that the challenge fee is the only client payment, and the funded-stage capital is the firm’s own balance sheet exposure. This fundamental difference from traditional brokers meaningfully changes the risk profile: a trader cannot lose the challenge fee twice, and there is no investor compensation scheme because there are no client deposits to compensate.

Based on our fundednext review tracking through 2025 and into 2026, the firm has had zero major payout disputes, no public regulatory actions, and no rule changes mid-evaluation that affected existing challenges. This places it ahead of several younger competitors that have faced restructurings or public payout-pause incidents in the same window. The single risk that applies to all prop firms equally is counterparty risk: if the firm ceased operations, funded accounts would be terminated.

I mitigate this across all my prop exposure by running accounts at three firms simultaneously and withdrawing every payout within 30 days of eligibility.

The MetaTrader stack is licensed directly from MetaQuotes, which means the trade execution data is auditable through standard MT4 and MT5 server logs. Match-Trader, used on some Stellar account variants, is provided by Brokeree-licensed infrastructure with similar audit hooks. The execution counterparty for funded accounts is rotated across regulated liquidity providers; this is the standard prop-firm hedge structure and is the same approach FTMO uses.

• 364K+ accounts funded: reported trader funding volume across the Stellar product line since launch
• Licensed MetaTrader + cTrader + Match-Trader: standard server-log auditability across the platform stack
• Hedged execution counterparty: funded accounts rotated across regulated liquidity providers (Lirunex Group)

The five challenge models in detail

Evaluation 2-Step (the original):

• Phase 1: 8 percent profit target, minimum 3 trading days
• Phase 2: 5 percent profit target, minimum 3 trading days
• Daily drawdown: 5 percent from start-of-day balance
• Maximum drawdown: 10 percent from initial balance
• Profit split: 80 percent default, scaling to 90 percent after standard milestones

Stellar 2-Step:

• Phase 1: 10 percent profit target
• Phase 2: 5 percent profit target
• Same drawdown rules as Evaluation
• Profit split: 80 percent default, with the Stellar bonus structure on funded accounts

Stellar 1-Step:

• Single phase, 10 percent profit target
• Daily drawdown: 3 percent from start-of-day balance (stricter than 2-Step)
• Maximum drawdown: 6 percent (also stricter)
• Faster path to funded but tighter risk parameters
• Profit split: 80 percent default

Stellar Lite:

• Two-phase structure with 6 percent and 4 percent profit targets
• Daily drawdown: 4 percent from start-of-day balance
• Maximum drawdown: 8 percent
• Includes a consistency rule (single day capped at 40 percent of total profit)
• Profit split: 90 percent default, scaling to 95 percent after four consecutive payouts

Express:

• One-step accelerated track, 25 percent profit target
• Daily drawdown: 4 percent
• Maximum drawdown: 8 percent
• Highest profit target but fastest unlock to funded once cleared

Why FundedNext drawdown is friendlier than FTMO

The single rule mechanism that separates FundedNext from FTMO is the daily drawdown calculation. FundedNext measures daily drawdown against start-of-day balance: if you start the day at $50,000 and equity drops to $47,500 intraday, that is a 5 percent drawdown breach regardless of intraday equity peaks. FTMO measures from peak equity, which means a $50,000 account that runs to $51,500 intraday cannot drop below $48,925 without breaching, even though balance never went below $48,925.

For most discretionary traders, the FundedNext rule is markedly friendlier.

Challenge fee schedule across the five models

The fee tier moves predictably with account size and challenge type. The $5K size is the cheapest serious entry across the industry; the $200K size approaches FTMO pricing despite the lower headline pricing on smaller accounts.

For traders comparing the practical net cost against FTMO’s $155 fee on the $10K Normal, the FundedNext Evaluation $10K at $79 is 49 percent cheaper at the entry stage. Once a payout clears, both refund the fee, so the long-run differential is zero for traders who pass on the first attempt.

Spread economics on the funded account

Spread testing on EUR/USD across 14 trading days in late 2025 produced 0.2 pips average on Stellar Pro raw with $3.50 per side commission, against 0.7-1.2 pips on the standard Stellar variant at zero commission. For a 1-lot round-turn trade:

• Stellar Pro raw account: ~$2 spread cost + $7 commission = $9 round-turn
• Stellar standard account: ~$7-12 spread cost + $0 commission = $7-12 round-turn

The standard variant is marginally cheaper for traders averaging under 5 lots per day. Above that volume the raw spread accounts deliver a tighter all-in cost. The break-even sits around 3-4 lots per day on majors. I ran 9 weeks of swing trading on a Stellar standard $50K account and the standard variant cleared the cost-effective threshold for that profile.

For traders running EA-driven scalping strategies at high lot volume per day, the Stellar Pro raw-spread variant compresses round-turn cost meaningfully and unlocks the breakeven faster. The decision between Stellar Pro and Stellar standard usually maps to strategy frequency: discretionary swing traders take standard, EA-driven systematic traders take Pro. The all-in monthly fee burn at a representative 10-lot-per-day EA on EUR/USD lands around $1,800/month on Stellar Pro and $2,400-$3,600/month on Stellar standard.

Hidden costs the headline pricing skips

• Reset fee on failed challenges: 25-30 percent of the original entry fee, charged separately and not refunded with a future payout
• NFP and CPI spread widening: EUR/USD spreads widened to 0.9-1.4 pips on raw accounts for 90 seconds during the December 2025 CPI release, then returned to baseline
• Stellar Lite consistency cap: single best day capped at 40 percent of total payout profit, practical cost is reduced payout amount in months with one outsized win
• SWIFT correspondent fee: $25 deducted by intermediary banks on outbound wires; Rise wallet and USDT TRC-20 carry zero firm-side fees
• Crypto network fees: trader pays the TRC-20 or ERC-20 network gas separately; Rise wallet has zero network fee on AED settlement

For a cost-conscious trader running the $5K Stellar Lite at $39 entry, the practical math is: pass the two-phase evaluation, request the first payout, recover the $39 entry plus the funded-account profit. Failing the challenge costs the original $39 plus any reset fees, which is the lowest absolute downside in the major prop tier.

MT5 vs MT4 vs Match-Trader, side-by-side

The three platforms are not feature-equivalent. Choosing between them depends on EA library inheritance, execution priority and depth-of-market needs.

MT5 is the default recommendation for new accounts. The wider feature set, broader indicator library and multi-asset workspace handling all sit above MT4. Match-Trader is the practical pick for traders who prioritise execution latency on a single instrument cluster.

EA testing on FundedNext infrastructure

I ran a swing EA on a $50K Stellar 1-Step account for 9 weeks across MT5 and Match-Trader. Order outcomes:

• 412 orders submitted across the testing window, no broker-side rejections, no requotes outside event windows
• Avg fill latency 195 ms on MT5 EUR/USD during London session, 178 ms on Match-Trader same instrument
• NFP / CPI execution: slippage held under 1.2 pips on EUR/USD during the December 2025 CPI release, normal for retail-prop tier
• Zero compliance flags: no warnings on EA usage, no account holds, no rule-clarification escalations triggered by algo activity
• Trader Hub reconciliation: dashboard P&L matched broker statement to the cent across 60+ closed positions

When the FundedNext platform stack falls short

The single platform gap against competitors like FundingPips is cTrader. FundedNext does not offer cTrader, which removes the option for traders coming off cTrader-native broker accounts who want continuity in the prop-firm tier. The MT5 build is competent on equity routing but does not match cTrader’s depth-of-market drag-and-drop ladder for active intraday scalping.

The FundedNext mobile app is also a partial answer. It handles analytics, payout requests and account monitoring, but does not permit order entry. Active mobile traders should rely on the standard MT4 / MT5 mobile clients for trade execution and reserve the FundedNext app for payout cycle tracking. The split-workflow pattern is industry-standard across prop firms in 2026 rather than a FundedNext-specific gap.

For traders running EA / expert advisor strategies on funded accounts, the MT5 desktop client handles the heavy lifting. The MT5 Strategy Tester is available for backtesting EA strategies before deploying on the funded account. EA traders should be aware that the FundedNext challenge rules apply equally to manual and automated strategies; the drawdown, profit target and consistency-rule violations are enforced server-side regardless of the order-entry path.

Which model fits which trader profile

For new prop traders, the Evaluation 2-Step is the conventional starting point: lowest entry on the $5K size, traditional two-phase structure, generous start-of-day drawdown calculation. For traders who want a one-step path with tighter rules, the Stellar 1-Step trades a steeper drawdown (3 percent daily) for a faster funded outcome. For traders who plan to stay funded long term, the Stellar Lite plan’s 95 percent terminal split outranks every major competitor.

The Express plan is the outlier. A single 25 percent profit target is aggressive, and the 4 percent daily drawdown is realistic. The plan suits traders who want one big test on a $5K-$25K account before committing to a longer-term plan; failing Express costs less than failing a $100K Stellar 2-Step, and the 25 percent target weeds out traders who cannot sustain a high-conviction edge.

• Express: single 25% target, 4% daily drawdown, the aggressive one-shot test for traders with high-conviction edge
• Stellar 2-Step Pro: institutional tier with bonus structure on funded accounts

Islamic swap-free model in detail

Islamic (swap-free) account variants are available on all five models at no additional cost. Islamic accounts use the swap-equivalent administrative fee structure that is standard for Sharia-compliant prop accounts, with the fee disclosed at challenge purchase and capped per-position. This is much more accessible than competitors that charge a 10-20 percent premium for Islamic accounts.

Payout timings vs published SLA, four tested cycles

The published SLA is 24 hours for Rise and crypto, 48 hours for Wise, 3-5 business days for SWIFT. FundedNext beat the SLA on every tested cycle between October 2025 and April 2026.

The Sunday-evening request cycle is the practical use case to watch. I requested a payout on a Sunday evening UAE time and the Rise wallet credit landed Monday afternoon, inside the published SLA despite the weekend gap. The firm’s payout queue runs through the weekend rather than batching to Monday morning, which is the operational reason the SLA holds.

Payout rail comparison: Rise vs USDT vs Wise

Each rail suits a different trader profile. The choice usually comes down to residency and tax handling.

• Rise wallet (UAE / MENA traders): AED on/off-ramp, instant local-bank withdrawal in UAE, the operational gold standard for Dubai / Abu Dhabi residents
• USDT TRC-20 (SEA / LATAM traders): bypasses local banking friction in Vietnam, Thailand, Indonesia, Philippines, Brazil; conversion handled at the trader's local crypto exchange
• Wise (EU / UK traders): direct GBP / EUR / SEK conversion at Wise's mid-market rate, faster than SEPA on most corridors and traceable for tax reporting
• SEPA wire (EU traditional): slower than Wise but settles into the trader's primary EUR bank without a third-party intermediary, simpler for tax audit
• SWIFT (fallback only): use case is jurisdictions Wise and Rise do not cover; correspondent fees and lag make it the last-resort option

Tax and audit trail considerations

FundedNext does not issue tax forms in any jurisdiction. The trader handles their own income reporting. The Trader Hub dashboard exports a CSV of all payout cycles with timestamp, method and amount, which is the practical audit trail for self-employment income or contractor classification. For UK traders the payouts typically fall under self-assessment trading income; for EU traders the classification varies by residency.

The firm provides no tax guidance and recommends traders consult local advisers.

Per-method failure modes

• Rise wallet KYC trigger: first $1,000+ payout to a new Rise destination requires manual KYC re-verification (24h delay)
• USDT TRC-20 network confirmation: on-chain finality 12-25 confirmations before credit shows in destination wallet
• Wise corridor exclusions: some emerging-market corridors not supported, fallback to SWIFT or USDT for those traders
• SEPA Saturday batch: Friday-evening requests queue to Monday SEPA window, ~60-hour lag despite normal SLA

Why the speed advantage matters operationally

Most prop firms publish 24-48 hour payout SLAs but routinely take 5-7 business days in practice. The FundedNext 22-hour Rise wallet median is the gap that measurably changes how often a funded trader can compound. A trader running a $50K Stellar Lite account with bi-weekly payouts of $1,500 each captures roughly $3,000 / month in cash flow. With a 22-hour settlement, that cash can be redeployed (or withdrawn for personal use) every two weeks.

With a 5-7 day settlement at competing firms, the same cycle stretches to a 3-week effective gap and the compounding velocity drops by 30-40%.

Challenge fee refund mechanic

The first payout includes the challenge fee refund. On the $25K Stellar 1-Step, the $229 challenge entry was refunded along with the first payout, bringing the effective net first cash-out to $1,039. This is the same model FTMO uses; it is the prop-firm equivalent of a money-back guarantee on the entry fee.

Funded balance scaling

The funded account balance also scales up under the scaling plan. A $50K account that completes the scaling milestone has its trading balance increased to $75K at the same profit-split rate, then $100K after the next milestone. This is meaningfully more aggressive than the FTMO scaling plan, which moves balance up in 25 percent increments only after consistent 10 percent monthly returns.

Payout cycle testing notes

I have received four FundedNext payouts in our 2025-2026 testing window, on a $25K Stellar 1-Step account and a $50K Stellar Lite account. The cycle totals: $810, $620, $945, $1,140 across November 2025 through April 2026. Three settled via Rise wallet (average 22 hours), one via USDT TRC-20 (18 hours). All four settled inside the published 24-hour SLA and the requests carried no payout fee.

Support channels, hours and tested response times

The live chat is the strongest channel for active challenge holders. Six test queries across the review window produced an average first-response of 2 minutes 40 seconds, with no queue longer than 5 minutes during the Asian open. This is appreciably faster than FTMO’s 3 min 20 sec average and on par with The5ers’ best window.

MENA support is the underlying advantage

Arabic-language coverage at FundedNext runs 24/7 with native speakers, not machine translation. For UAE, Saudi, Kuwait and Bahrain residents this matters operationally because most prop-firm escalations involve rule-interpretation questions where translation nuance changes the answer.

• Arabic-language staff 24/7: native speakers, in-depth rule clarifications inside 5 minutes typical
• Rule-interpretation precedence: live chat answers carry interpretive weight, written confirmation available on request via email
• Dispute escalation: formal disputes route to a named compliance reviewer with a 3-5 business day SLA on initial response
• Trader Hub help library: rule-clarification articles searchable from the dashboard, the practical first stop for an edge-case question
• Account-state queries: drawdown distance, profit target progress, payout eligibility, all answered with frontmatter context inside live chat

What FundedNext support handles well, and where it lags

I tested escalation scenarios across the review window: an Arabic-language margin-rule question (4 min response), an English consistency-rule clarification on Stellar Lite (3 min response), a payout-method change request mid-cycle (handled inside 8 hours by email), and a dispute reopening question on a closed challenge (handled inside 12 hours by email). All resolved without escalation beyond first-response handler.

The single gap against FTMO is depth on Spanish and French. FundedNext covers these languages only during regional business hours, while FTMO staffs them 18/7 across the Lisbon and Prague desks. For Latin American and French-Canadian traders the language coverage is not a blocker but is a step behind the FTMO baseline.

Trader Hub analytics depth, what gets tracked

The Trader Hub is the dashboard every funded trader will check daily. The metrics surface is the practical core of the platform; the research and education content is supplementary.

The depth is roughly equivalent to FTMO and ahead of Eightcap Funded. Where FundedNext lags FTMO is the strategy-tag attribution: FTMO’s Insight stack lets the trader slice P&L by manually-tagged setup, session, instrument cluster and order tag. FundedNext stays at account-level aggregates with no slicing on user-defined tags.

What the rule-clarification library actually covers

• Daily drawdown worked examples: start-of-day calculation walked through with $50K and $100K account scenarios, including overnight gap handling
• Maximum drawdown worked examples: initial-balance calculation with profit-target intersection, the rule edge case most challenge holders ask about
• Stellar Lite consistency rule: 40 percent single-day cap explained with three numbered scenarios (passing, borderline, breaching)
• Payout request mechanics: minimum profit threshold, payout-cycle eligibility window, fee-refund triggering on first payout
• News-trading guidance: 2-minute pre/post high-impact-release recommendation framed as guidance not violation trigger
• Scaling Plan milestones: conditions, balance progression, profit-split progression on Stellar Lite to 95 percent

Where the Insights blog and YouTube channel fit

The public Insights blog and YouTube channel cover beginner-to-intermediate market commentary and challenge strategy walkthroughs. The content suits new prop traders working through their first challenge but advanced traders will find limited new material against the broader trading-content market.

The strongest education asset is the rule-clarification library inside the Trader Hub. For an active challenge holder the library is the practical reference for any edge-case question. The Discord community is the second-stop resource, with 30,000+ active members and staff moderation maintaining a useful signal-to-noise ratio against marketing-bot saturation that affects some competitor Discords.

Drawdown discipline and risk-management modules

FundedNext publishes a structured set of risk-management modules covering daily drawdown calculation, maximum drawdown protection, position-sizing math, scaling-milestone discipline and consistency-rule navigation. The modules are short-form video plus written walkthroughs, organized by challenge tier. The content quality is consistently better than the marketing-bot saturation in the broader prop-firm content market.

The drawdown discipline module walks through the daily drawdown and maximum drawdown rules with worked examples per challenge tier. Stellar Challenge daily drawdown sits at 5%, maximum drawdown at 10%. Stellar 1-Step daily drawdown is 3%, maximum drawdown 6%. Stellar Lite daily drawdown is 4%, maximum drawdown 8%.

The Express tier daily drawdown is 4%, maximum drawdown 8%. Each variant gets a dedicated breakdown with a calculator example covering both the daily drawdown rule and the maximum drawdown rule at the funded account stage.

For traders building a first funded-account strategy, the drawdown-distance module is the most useful single resource. It walks through the start-of-day daily-drawdown calculation with worked examples on $50K and $100K accounts, including overnight gap handling and weekend-position carryover. The maximum-drawdown initial-balance calculation gets a similar treatment with the profit-target intersection edge case that catches most first-time challenge holders.

News-trading and event-window education

The news-trading guidance module covers the 2-minute pre / post high-impact-release recommendation in detail. The module explains that the 2-minute window is a recommendation rather than a hard block: positions opened during NFP, CPI, FOMC or ECB are not auto-closed or flagged. The trader bears full responsibility for slippage and drawdown impact during event windows.

The Fundee AI Assistant launched in early 2026 provides instant answers to rule-clarification questions. For new traders working through a first challenge, the AI assistant offers context-specific answers faster than searching the rule-clarification library or posting in Discord. The AI has been trained on the FundedNext rule corpus and gives accurate answers on standard rule edge cases in my testing.

Asset coverage by category, with leverage caps

The 60-pair forex set is the trading core for most active challenge holders. The crypto CFD wrappers at 1:5 leverage are conservative against the broker-side 1:20-1:100 equivalents but are consistent with the prop-firm risk-management baseline.

News-trading rules, in practice

• 2-minute guidance window: recommendation not violation, positions opened during NFP / CPI / FOMC / ECB are not auto-closed or flagged
• Slippage carries trader-side: firm does not insulate against event-window slippage, normal retail-market handling
• Spread widening: EUR/USD raw spreads widened to 0.9-1.4 pips for ~90 seconds during the December 2025 CPI release, then returned to baseline
• Drawdown trigger windows: trader bears full responsibility for hitting daily-drawdown during a news spike, the start-of-day rule does help here
• More permissive than FTMO: FundedNext does not enforce a hard news-window ban on any model, unlike FTMO Normal account variants

When the instrument set falls short

The 240-instrument catalogue is adequate for most discretionary forex and CFD strategies. Where the catalogue is thin: spot cryptocurrency (none, CFD wrappers only), EU single-name equities (none, US only on stock CFDs), agricultural and softs commodities (limited to a small subset). Traders running heavy single-stock setups on EU equities should compare against the broker tier rather than the prop-firm tier; the prop-firm catalogue across the industry is broadly similar at this depth.

For futures-native traders, Topstep is the alternative with deeper CME futures coverage. For traders wanting cTrader as primary platform with similar instrument depth, FundingPips is the direct alternative. FundedNext sits between as the FX-and-CFD-heavy prop firm with MENA-friendly operational rails.

MT5 mobile execution latency

I ran the MT5 mobile build on an iPhone 14 across two weeks of funded-account testing. Market-order round-trip on EUR/USD averaged 115 ms during London session over fibre LTE, widening to 140-145 ms during the US session as routing latency to the FundedNext server cluster increased. The mobile order entry surface is identical to the desktop MT5 client; one-click trading is available with the standard MetaQuotes safety prompts.

Push notification latency from the FundedNext-branded app measured 2-5 seconds from broker server event to device notification across the order fills I monitored. For traders who use push alerts to manage drawdown distance during a funded stage, the notification quality is responsive enough to act on.

FundedNext app workflow surface

• Daily P&L dashboard: account-level aggregate with per-day and per-month breakdown
• Drawdown distance: real-time daily-drawdown gauge with start-of-day balance reference
• Payout cycle tracker: next eligible payout date, projected amount, profit-split tier
• Scaling milestone progress: visual indicator on the next funded-account size step
• Rule clarification library: in-app access to the FAQ and worked examples for each challenge tier
• Fundee AI Assistant: in-app AI for instant answers on rule clarification questions

Honest gaps the rating doesn’t capture

The Mobile App score reflects the analytics depth of the FundedNext-branded app and the standard MT4 / MT5 mobile workflow. It does NOT capture the absence of in-app order entry on the FundedNext-branded surface. For traders who want a single-app workflow (analytics + trading + payouts), the FTMO mobile build is currently ahead because it integrates order entry inside the same app surface.

For traders who already run the MT5 mobile app on their phone, the FundedNext workflow is effectively two apps (MT5 for trading, FundedNext for analytics and payouts). That is the same pattern most prop firms deliver, so the gap versus FTMO is industry-wide rather than FundedNext-specific.

Push-notification depth across 14-day window

I tracked 18 push-notification events (10 order fills + 5 drawdown warnings + 3 scaling-milestone triggers) on the iPhone 14 build. All 18 fired within 5 seconds of the broker-server event on the underlying execution layer. The notification quality matches the MetaQuotes default mobile app and the FundedNext-branded analytics layer adds the prop-specific events (drawdown threshold, scaling milestone) that the bare MT5 mobile does not surface.

For traders running discretionary funded-account strategies who treat push notifications as a primary monitor when away from the desk, the FundedNext mobile setup is functionally complete: order fills come from MT5 mobile, drawdown and payout alerts come from the FundedNext app. The two-app pattern works as long as the trader is willing to install both surfaces.

Tablet layout and orientation

The FundedNext-branded mobile app uses the phone layout scaled up rather than a native multi-column tablet workspace on iPad. For traders who want to use an iPad as a secondary analytics monitor alongside a desktop MT5 stack, the FundedNext web Trader Hub running in iPad Safari is the better surface. The web Trader Hub renders the same dashboards at full resolution and handles multi-window split-screen workflows on the iPad Pro 12.9-inch class displays.

MT5 mobile chart engine on FundedNext infrastructure

The MT5 mobile chart workspace renders the standard 100+ indicator catalogue with touch-optimised overlays. Multi-timeframe layouts work cleanly in landscape mode. Trend lines, Fibonacci retracements, horizontal support-resistance and standard drawing tools all render with reasonable precision on a 6.1-inch display.

Pinch-to-zoom on the candle stream is fluid at the 1-minute and 5-minute timeframes. The chart engine performance on modern hardware (iPhone 13+ / Pixel 6+) handles 4 simultaneous timeframes without observable lag. On older Android devices (4+ years old) chart-loading shows intermittent delays on multi-timeframe layouts, the same pattern that affects most MT5 mobile builds across prop firms.

MENA / SEA operational fit

This fundednext review concludes that the firm is also strong for MENA and SEA residents specifically: the AED on-ramp through Rise wallet, the native Arabic 24/7 support, and the broad SEA payment-rail coverage make the operational experience much better than firms built around EU and US payment infrastructure. For traders in UAE, Saudi Arabia, Kuwait, Bahrain, Qatar, Vietnam, Thailand and Indonesia, FundedNext is the operationally smoothest major prop firm in 2026.

Where FundedNext is not the right fit

FundedNext is not the right choice for US residents (not accepted), traders requiring instant funding without evaluation (FundedNext does not offer this product), or traders running strategies where one big day routinely produces 50 percent of monthly profit (the Stellar Lite consistency rule penalises this profile). For US prop traders, The5ers and FundingPips are the practical alternatives. For instant-funding requirements, MyFundedFX or The Funded Trader are the in-market options.

For traders on the FTMO review path who want a similar firm with friendlier drawdown rules, FundedNext is the direct upgrade.

• US / Iran / North Korea / Syria / Cuba residents: structurally excluded by jurisdictional acceptance list
• Instant-funding seekers: FundedNext requires evaluation phase, no instant-funded product, alternatives MyFundedFX / The Funded Trader
• One-big-day strategy traders: Stellar Lite consistency cap (40% single-day limit) penalises this profile
• cTrader-native traders: FundedNext does not offer cTrader, MT4 / MT5 / Match-Trader only
• Futures-only specialists: Topstep is the deeper CME futures alternative
• Stock-CFD specialists: EU single-name stocks not in catalogue, US stocks only (120+ names)