FundedNext has launched FNL:004, the fourth product from FundedNext Labs. It is a $50,000 instant CFD account with no evaluation phase and an entry price of $149.99. It can be traded on MT5 and Match-Trader, with Match-Trader available only to US residents.
The account has no daily loss limit and no risk rule. The maximum loss limit is $2,000 with intraday trailing drawdown, and a perpetual 20% consistency rule applies. News trading is allowed, subject to FundedNext's News Reward Share Rule.
Payouts and Leverage
- Reward share: 80%.
- Withdrawal buffer: $2,100.
- Minimum and maximum withdrawal: $800 and $1,200.
- Maximum performance rewards: 5.
- Leverage: 1:30 on forex and 1:15 on commodities and indices.
Stocks and crypto are not available to trade. The agreement is signed at purchase, and KYC is required before the first withdrawal.
Seats are limited and each trader can buy a maximum of 5 accounts. FNL:004 accounts do not count toward FundedNext's maximum allocation limit.
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