FundedNext Futures - Futures Prop Firm Details

Legacy:

• A trader's profit on any single day cannot exceed 40% of the total profit. (Challenge only)

Flex:

• A trader's profit on any single day cannot exceed 40% of the total profit. (Challenge Only)

Rapid Daily:

• None

Rapid Pro:

• A trader's profit on any single day cannot exceed 40% of the total profit. (Funded Stage Only)

Direct:

• The highest single-day profit ever recorded on the account cannot exceed 20% of the current cycle's total profit. (Perpetual Consistency, FundedNext Account)

2% Price Limit Rule:

• This is a restriction that applies when a futures instrument moves within 2% of the CME price limit.

Prohibited Practices:

Account sharing:

• Account Sharing occurs when a trader manages multiple accounts or allows another individual to trade on their behalf. This practice is strictly prohibited, as it disrupts fair competition and undermines the integrity of both the Challenge Account and the FundedNext Account.

Abusing slow data feed:

• Abusing slow data feed is a practice where traders exploit delayed price updates to execute trades at outdated prices, gaining an unfair advantage over those relying on real-time data. This practice disrupts fair competition and compromises the integrity of the trading environment.

Account Rolling:

• Account rolling is a high-risk practice where multiple Challenge accounts are purchased with intention to quick succession of funded phase, with some accounts being intentionally sacrificed while focusing on passing others.

Exploiting Platform Errors:

• Exploiting platform errors in Futures Trading refers to taking advantage of system glitches, price discrepancies, or execution delays to secure risk-free profits. This involves manipulating flaws in the trading platform, such as delayed price updates or technical errors, to execute trades at prices that do not reflect real-time market conditions.

Multi-Order Spam and Coordinated Trading Exploits:

• Multi-Order Spam and Coordinated Trading Exploits involve placing and canceling numerous orders in the Depth of Market (DOM) to manipulate market activity or collaborating with others to artificially influence order flow.

Micro-scalping:

• Opening and closing trades within 10 seconds to capture rapid, small price movements. The threshold applies to profitable trades only, losing trades are excluded. Measured as the proportion of total recorded profit from trades closed within 10 seconds, evaluated per cycle and per account (a warning or deduction on one account does not carry over to another). At 30%: a compliance warning is issued, no deduction or suspension. At 40% or above (a violation): on a Challenge Account, the ability to reach the profit target and advance is placed on hold, the account stays active and trading continues, and eligibility is restored automatically once the percentage falls back below 40%. On a FundedNext Account, the micro-scalping portion of that cycle's profit is deducted in full, the account stays active, and micro-scalping does not result in account termination at any level. If the deduction equals or exceeds the account's net profit for the cycle, no Performance Reward is issued for that cycle and the withdrawal option is disabled.

Spoofing:

• Spoofing is a market manipulation technique where a trader places large fake orders (pending orders) to create a false impression of supply or demand, influencing other traders' decisions. These fake orders are canceled before execution, allowing the trader to take advantage of price movements.

Bracket Strategies:

• Bracket trading is a strategy where traders set predefined buy & sell (limit/stop orders) to take advantage of any sided market movement, and also set profit-taking and stop-loss levels to manage risk and lock in gains automatically. Exploiting the lack of slippage or using tight brackets to benefit from favorable trade executions is prohibited.

**Order Book Shaping/Layering Strategies: **

• Layering occurs when a trader places multiple buy or sell orders at different price levels to create a false sense of market depth. These orders are not meant to be executed but are intended to mislead other traders into making decisions based on manipulated market conditions.

Grid Trading:

• Grid trading in the Futures market involves placing multiple long and short orders at predefined price levels to capitalize on market fluctuations. This strategy aims to capture small price movements within a set range, allowing traders to profit from volatility without relying on market direction. However, due to frequent order placements, Grid Trading can create excessive market activity and disrupt fair trading conditions.

Wash Trading:

• Wash trading in Futures occurs when a trader places bids and asks simultaneously or in quick succession to create artificial market activity without taking on actual market risk. This practice is used to mislead other traders, manipulate prices, or inflate trading volume without genuine market intent.

Simulated-Execution Exploitation:

• Simulated-Execution Exploitation is a prohibited trading practice characterized by a sustained pattern of positions exhibiting little to no adverse market movement, indicating that profits were generated primarily through execution advantages within the simulated environment rather than through genuine market risk-taking.

Tick Scalping:

• Tick scalping is the repeated practice of opening and closing positions within a very short window to collect a few ticks of profit per trade from favourable simulated fills, often at large or maximum position size.

Latency Arbitrage:

• Latency arbitrage is a high-risk trading strategy that exploits price delays between platforms, relying on speed advantages rather than market analysis. This strategy takes advantage of discrepancies in market data updates, allowing traders to enter or exit positions before others react.

Reverse Hedge:

• Reverse hedging is a manipulative strategy where a trader opens opposite positions in different accounts to artificially hedge risk, creating an illusion of controlled exposure while exploiting reward structures.

Hedging with Correlated Instruments:

• Hedging with correlated instruments involves taking opposite positions in assets that move similarly, reducing actual market exposure while manipulating trading evaluations.

Gapped or Illiquid Market Trading:

• Gapped or illiquid market trading involves placing trades during low liquidity periods or exploiting large price gaps to gain an unfair advantage.

Account Flipping and Inconsistent Contract Execution:

• Account Flipping and Inconsistent Contract Execution involve using high margin to rapidly grow or blow up accounts through reckless, oversized positions.

Copy Trading and Group Trading Prohibited:

• Copy trading refers to replicating trades from another trader or using signal services to execute trades.
• Group trading occurs when multiple traders collaborate—often in real-time—to achieve specific rewards by executing similar trades simultaneously.

Find more about the prohibited practices:

• https://helpfutures.fundednext.com/en/articles/14298337-what-are-the-prohibited-trading-strategies-of-fundednext-futures.

Maximum Performance Reward:

• Withdrawing 100% causes a Hard Breach due to Maximum Loss Limit reset at the starting balance.

Inactivity Rule:

• Challenge Accounts: Marked as breached and deactivated after 30 consecutive calendar days of no trades.
• FundedNext Accounts: Marked as inactive and deactivated after 30 consecutive calendar days of no trades.

Splits apply to requested withdrawals.

Rapid Daily (25K/50K/100K):

Buffer balance:

• $26100/$52100/$102600.
• Cycle profit $500; withdrawal min $250, max $800/$1200/$2500.
• 90% split; max 5 withdrawals.

Rapid Pro (25K/50K/100K):

• Cycle profit $500; withdrawal min $250, max $800/$1200/$2500.
• 90% split; max 5 withdrawals.

Legacy (25K/50K/100K):

First withdrawal:

• 5 benchmark days ($100/$200/$200).
• New cycle profit $500; min withdrawal $250; cap $3000/$6000/$6000.
• Withdraw up to 50% until 30 benchmark days; 100% afterward. 80% split.

Flex (50K/100K/150K):

• Every 5 benchmark days ($200/$200/$250).
• New cycle profit $500; min withdrawal $250.
• Withdraw up to 50%, capped at $1500/$2500/$4000. 95% split.

Legacy/Flex:

• First withdrawal resets max loss to starting balance; full-gain withdrawal causes hard breach.

Direct 50K:

• Buffer $2100; 20% perpetual consistency (all-time best day/current-cycle profit).
• Withdraw $800-$1200 per cycle; 90% split; max 5 withdrawals, then account concludes.
• First withdrawal locks max-loss floor at $50100.

Wallet transfer:

• no new trade that day.