FundedNext

FundedNext: proprietary trading firm with challenge accounts and rewards

FundedNext is a proprietary trading firm (prop firm) that offers challenge accounts to traders, with simulated funds of up to $300,000 and conditions the company presents as low commissions. The platform is designed to evaluate and improve trading skills through structured challenge phases in a simulated environment. The owning and operating entity is GrowthNext F.Z.E., registered in the United Arab Emirates under company number 28831, with its principal office at Executive Office No. 7, Al Robotics Hub, C1 Building, Ajman Free Zone, Ajman, UAE.

Products and trading ecosystem

FundedNext's offering is built around two main platforms: FundedNext CFDs and FundedNext Futures. The company also operates FNmarkets, a CFD brokerage for trading stocks, futures, commodities, and currencies, licensed and compliant for global operations. The ecosystem is completed by Labs, an exploration space, and a rewards program. Traders join FundedNext to put their skills to the test and, if successful, receive rewards based on their performance.

Rewards and processing

FundedNext states it has paid out more than $306.9 million in rewards to thousands of traders in over 170 countries. The company claims that 99.99% of payments are processed within 24 hours, with an average processing time of 40 hours and a 55% repeat rewards rate. The rewards program is presented with a one-time fee and no recurring costs, and with the promise of rewards in 24 hours or $1,000 extra. These figures and conditions correspond to information published by the company itself.

Community and support

Team, founders, and history

FundedNext is part of the NEXT Ventures group, founded in 2016 by Abdullah Jayed and Abdullah Galib with an initial team of five people. The parent company has more than 600 employees, five global offices, and a presence in over 170 countries. In 2022, FundedNext was launched as a proprietary trading firm on March 18. In 2023, the company expanded its services to more than 170 countries, and in 2025 it created FNmarkets, a CFD brokerage. The founders remain at the helm of the business. The company also maintains regional offices in Cyprus, through Incenteco Trading LTD. (26 Pittaou Street, 3118 Agia Fyla, Limassol) and Abutor Investments LTD. (Foti Kolakidi, 16, 1st floor, Agia Zoni, 3031, Limassol), to facilitate payment operations.

Recognition and platforms

FundedNext has been recognized by Prop Firm Match, Finance Magnates, and Deloitte, according to the company itself. Traders can trade on platforms such as MT4, MT5, cTrader, Match-Trader, NinjaTrader, Tradovate, and TradingView. The company organizes global meetups and presents itself as a growing community with millions of traders choosing it every day.

Offices and locations

Principal office: Executive Office No. 7, Al Robotics Hub, C1 Building, Ajman Free Zone, Ajman, UAE

Cyprus office - Incenteco Trading LTD.: 26 Pittaou Street, 3118 Agia Fyla, Limassol, Cyprus

Cyprus office - Abutor Investments LTD.: Foti Kolakidi, 16, 1st floor, Agia Zoni, 3031, Limassol, Cyprus