● Vague Rules

FundedNext — Stellar 1-Step

One phase, the tightest drawdown budget of FundedNext's evaluation lineup, and the shortest minimum trading window. Numbers sourced directly from FundedNext's own package comparison page.

Rule Stellar 1-Step
1st Target (GT$)10%
Profit Target10%
Daily Loss Limit3%
Max Drawdown6% static
Open Risk / RMT3%
Minimum Trading Days2
Profit SplitUp to 95%
First Payout5 business days
Account Sizes$6K · $15K · $25K · $50K · $100K · $200K

Sourced directly from FundedNext's own package comparison page.

Tightest risk budget, shortest runway
6% max drawdown and a 3% daily limit is the smallest room for error anywhere in FundedNext's lineup, single phase, single 10% target, no second stage to buffer a rough patch. In exchange, it asks for only 2 minimum trading days and pays out the fastest, 5 business days on the first request, versus 21 days on the 2-Step and Lite models. This is the fast, narrow path: less room to be wrong, less time spent getting there.
News trading is allowed, with a targeted discount, not a ban
On the funded account (this rule doesn't apply to the Challenge phase), any trade with an execution, opening, closing, or a pending order fill, landing in the 5 minutes before or 5 minutes after a high-impact news release only counts 40% of its profit toward the balance. Losses in that same window aren't discounted the same way. Read charitably, this is a narrow, sensible thing to guard against: fill quality in a simulated environment is least trustworthy in exactly that window, so discounting profit from an execution that happened to land inside it, rather than banning news exposure outright, targets the actual point of distortion instead of the trader's risk-taking.

What isn't confirmed: whether simply holding a position open through that window, with no execution actually landing inside it, avoids the discount entirely. FundedNext's own help article says both opening and closing executions count, but gives no worked example for that specific case. If holding-through-without-executing-inside-the-window really is exempt, this rule does exactly what a news rule should: no restriction on exposure, no burden on the trader's style, just a guard on the one moment execution quality is genuinely unreliable. Worth getting that confirmed directly from support in writing before relying on it.

Stop-loss becomes mandatory once funded, but there's no fixed placement window
During the challenge phase, stop-loss and take-profit use is entirely optional. Once funded, FundedNext's own help centre defines three formal risk violation types: No SL Trade (a trade closed without ever carrying a stop-loss), High Risk (a single trade's individual risk exceeds the published 3% limit), and At-a-Time High Risk (combined risk across every simultaneously open trade exceeds that same cumulative threshold). Several third-party trackers claim a "3-minute" placement window, treating a late stop-loss as 100% account risk, we couldn't confirm that figure against FundedNext's own articles, and when asked directly, FundedNext's own AI support assistant stated plainly: "There is no specific time limit for setting a Stop Loss after opening a trade." Treat any "3 minutes" claim you see elsewhere as unconfirmed.
The real timing rule isn't about protecting a trade, it's about how fast you close one, and it's disclosed unusually clearly
Asking that same support assistant about FundedNext's one-click "Quick Trade" entry feature (which opens a position with no stop-loss attached) surfaced a different, genuine rule: a trade closed within 30 seconds counts as a "Quick Strike," and if 30% or more of total profit comes from Quick-Strike trades, that's a violation. The assistant also flagged that "excessive order modifications (like constantly changing SL/TP)" can separately be flagged as hyperactivity. Functionally this is a scalping/HFT limiter dressed in different terminology, not a stop-loss speed requirement. Worth crediting: a 30-second, 30%-of-profit threshold is a genuinely specific, disclosed number, most firms either run a much longer window before flagging fast trades or don't publish a threshold at all, leaving "is this HFT" entirely to discretion.
A stricter, unpublished 1% version exists for traders who trade like it's a lottery ticket
Separate from the published 3% threshold, FundedNext's help centre describes a tighter 1% Risk Limit Rule applied selectively: "The 1% Risk Limit Rule is not applied to all traders. It is specifically designed for individuals who are not following professional trading practices, to help them transition to a more disciplined and responsible trading approach... through the guidance of our risk management team." It isn't among the three formal violation types above, it exists as its own standalone article. This is the same active-risk-management practice FTMO has run since 2017, an unpublished, case-by-case tightening rather than a standing numeric rule: trade like a professional and the published 3% is what applies to you, trade like you're chasing a single lucky outcome and the firm can quietly hold you to a tighter number instead.
Same discretionary rulebook as every other FundedNext product
This model is governed by the same Terms document as the rest of the lineup, an extensive prohibited-strategies list (arbitrage in every form, gap trading, cross-account hedging, unauthorised copy trading, automated trading) plus a standing catch-all: "any behaviour that the Provider determines to be abusive, manipulative, or intended to circumvent." The remedy list explicitly includes "profit adjustments" and "set-off of any Performance Reward" on funded accounts, not just failing the evaluation.
Same firm-wide terms apply
The firm overview covers what applies regardless of which model you pick: the broad discretionary termination language, the 7-day no-trading-activity refund window, and the FNmarkets broker structure. Read it once rather than per product.
FundedNext

All data sourced from publicly available websites, trading rules pages, FAQ sections, and Terms & Conditions documents. Payout success ratings are based on verified trader reports, public reviews, and personal experiences where noted. Important: several firms maintain separate web and PDF terms that contain conflicting language — the PDF is the controlling document. Always read the full PDF terms before purchasing any account. This is educational material — always verify current terms directly with the firm.

Updated: Jul 21, 2026