FundedNext Futures

Legacy Evaluation

Evaluation

• 25k - 2 minis, 20 micros
• 50k - 3 minis, 30 micros
• 100k - 5 minis, 50 micros

Funded

• 25k - up to 3 minis, 30 micros
• 50k - up to 5 minis, 50 micros
• 100k - up to 7 minis,70 micros"

Rapid Evaluation

• 25k - 2 minis, 10 micros
• 50k - 3 minis, 15 micros
• 100k - 5 minis, 25 micros

Funded

• 25k - up to 3 minis, 15 micros
• 50k - up to 5 minis, 25 micros
• 100k - up to 7 minis, 35 micros"

• https://ninjatrader.com/PDF/ninjatrader_futures_commissions.pdf?_gl=1*odlaz8*_gcl_au*MTkyMTg4ODk2NC4xNzQ0ODU5NTQ5

Legacy:

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

Rapid Pro:

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

Rapid Daily:

• No consistency rule.

Flex:

• 40% in the Challenge, and no consistency rule once funded.

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 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.

• 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.

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.

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.

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

Rapid

• Benchmark Days: No benchmark days required.
• Consistency Rule: Daily profit cannot exceed 40% of total profits in the account (Rapid Pro; Rapid Daily has none). Cycle in Profit:
• First withdrawal requires at least $250 (25K/50K accounts) or $500 (100K accounts).
• For subsequent withdrawals, the same minimum amounts apply ($250 or $500 depending on account size).

Minimum Withdrawal Amounts:

• $250 for 25K and 50K accounts
• $500 for 100K accounts Maximum Withdrawal per Cycle:
• $800 (25K)
• $1,500 (50K)
• $2,500 (100K)

Cap Removal Threshold: After 5 Rewards, the cap is lifted, and traders can withdraw their full profits without limits.

Reward Share: 90% on Rapid Pro and Rapid Daily. Growth Calculations: Based on the withdrawn amount.

Important Notes (Rapid):

• Withdrawing 100% of your gain in one request causes a hard breach.
• After your first withdrawal, the maximum loss limit (MLL) resets to the initial balance.

Legacy

• Benchmark Days: Minimum 5 benchmark days before the first withdrawal.

• Benchmark profits: $100 (25K), $200 (50K), $200 (100K).

• Consistency Rule: none once funded (the 40% rule applies in the Challenge only).

• Cycle in Profit: At least $500 profit is required after your last withdrawal before requesting another.

• Minimum Withdrawal Amount: $250.

• Maximum Withdrawal (before 30 Benchmark Days):

• Traders may withdraw up to 50% of their profits until they complete 30 benchmark days.

• After 30 Benchmark Days: Traders can withdraw 100% of their profits.

• Reward Share: 80%.

• Growth Calculations: Based on the withdrawn amount.

Important Notes (Legacy):

• The first Performance Reward resets the MLL back to the initial balance.
• Withdrawing 100% of your gain in one go causes a hard breach