FundedNext Labs has introduced the new FNL:003 model, a 50K futures account designed to remove traditional entry barriers. This model allows traders to start trading for real rewards from day one, completely eliminating profit targets and evaluation phases.
FNL:003 Model Features
The account is priced at $149.99 and offers a 90% reward share. Unlike other programs, payouts can be requested every 5 trading days.
Risk Management and Trading Rules
- Daily Loss Limit: $1,000 (no hard breach).
- Max Loss Limit: $2,000.
- Drawdown: End-of-Day Trailing.
- Consistency: 20% perpetual consistency rule.
- Contract Limit: Up to 3 Minis or 30 Micros.
Payout Conditions and Limits
The model sets a maximum withdrawal of $1,200 and allows for a maximum of 5 performance rewards. Notably, these accounts do not count toward FundedNext's standard active account limits. Users are restricted to a maximum of 3 purchases per person and must complete the KYC process before their first payout.
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