FundedNext has announced the launch of FNL:002, a new $25,000 two-step CFD challenge that increases the maximum loss limit to 12%.
FundedNext has announced the launch of FNL:002, a new $25,000 two-step CFD challenge that increases the maximum loss limit to 12%.
FundedNext has announced the launch of FNL:002, a new $25,000 two-step CFD challenge that increases the maximum loss limit to 12% while offering traders a potential payout within three days.
The new challenge is being introduced through FundedNext Labs and starts at $149.99. The firm is marketing the account around a larger drawdown buffer, arguing that ordinary market volatility can cause traders to lose challenge accounts even when their overall strategy remains intact.
FNL:002 provides a 12% maximum loss limit (MLL), compared with the 10% threshold FundedNext referenced for many conventional challenge accounts. On a $25,000 account, the additional 2% represents a further $500 of loss capacity, potentially giving traders more room to manage difficult market conditions.
The challenge also includes a 4% daily loss limit (DLL). Its drawdown is static rather than trailing, meaning the maximum loss threshold remains fixed as the account balance changes.
Payout timing is another major component of the new model. FundedNext says traders can become eligible for a payout after three days, positioning FNL:002 as an option for traders looking for a shorter path between successful trading and receiving rewards.
The evaluation consists of two phases, with traders required to achieve at least two profitable days in each phase. Once eligible, traders receive an 85% reward share, according to the firm’s announcement.
FundedNext has also highlighted the absence of two additional restrictions. FNL:002 comes with no striking system and no margin rule, potentially simplifying the conditions traders need to monitor while completing the challenge.
Despite the broader loss allowance, traders will still need to manage the 4% daily limit and meet the requirements of both evaluation phases. The increased MLL therefore does not eliminate the need for disciplined risk management.
FundedNext says availability is limited as the product is being offered through FundedNext Labs. Users are also restricted to a maximum of five purchases.
The launch gives FundedNext customers another challenge structure to consider, combining a larger static loss buffer with an 85% reward share and a three-day payout timeline.
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