FundedNext $200,000 Account Rules
Last verified: 2026-03-21 | Official rules page
FundedNext's $200,000 Phase 1 has a $10,000 daily loss limit (5%), $20,000 maximum drawdown (static (floor never moves)), and a $20,000 profit target. Minimum 5 trading days. Fee: $699.
Rules by Phase
| phase 1 | phase 2 | funded | |
|---|---|---|---|
| Daily Loss | $10,000 (5%) | $10,000 (5%) | $10,000 (5%) |
| Max Drawdown | $20,000 | $20,000 | $20,000 |
| DD Type | Static | Static | Static |
| Profit Target | $20,000 | $10,000 | None |
| Min Days | 5 | 5 | None |
| News Trading | allowed | allowed | allowed |
| Overnight | Yes | Yes | Yes |
What This Means In Practice
You can lose max $10,000 in a single day.
Your account can never drop below $180,000.
If you grow to $210,000, the floor stays at $180,000(static). Your profits don't shrink your safety net.
At 1% risk per trade ($2,000), you can take 5 losing trades before hitting the daily limit.
Pros
- +Static drawdown — simple and forgiving
- +News trading allowed in all phases
- +Overnight and weekend holding allowed
- +Up to 95% profit split
- +Fast payouts (within 24 hours)
- +Account sizes starting from $6K (low entry)
Cons
- -Minimum 5 trading days required
- -Relatively new compared to FTMO
- -Forex/CFD only — no futures