FundedNext Futures rules, in plain English
FNL:002 12% MLL 3-Day Payout 2-Step 25K Challenge · forex/CFD · 10 rules read from the firm's own pages
Independent summary. Not affiliated with, endorsed by or paid by any firm listed. Names belong to their owners. Rules change - check the firm's page before you buy. Report a change
Short answer: on the FNL:002 12% MLL 3-Day Payout 2-Step 25K Challenge plan, our summary of FundedNext Futures's public pages: profit target: Phase 1 target is 8%, which is $2,000 closed profit on $25,000; daily loss: Daily loss limit is 4% of the initial balance; max loss / drawdown: Maximum loss limit is 12% of the initial balance; minimum trading days: Each phase needs at least 2 profitable days of 1% net profit; profit split: Trader keeps 85% of profit on the funded account. We read these on 2026-11-05 from the firm's public pages (links below). Rules change: check the firm's page before you trade.
Takeaway
For the example trader, the daily loss rule is the one most likely to end this FNL:002 12% MLL 3-Day Payout 2-Step 25K Challenge account, with a 54% chance that a loss rule breaks within 30 trading days against 46% for reaching the target first. Risking 0.75% per trade instead of 1% brings the 30-day chance down to 4.2%. Your own trades give different numbers: try them in the Prop Firm Rules Check.
FundedNext Futures rules: our plain-English summary
- Profit target
Phase 1 target is 8%, which is $2,000 closed profit on $25,000. Applies to: FNL:002 2-Step 25K Challenge, Phase 1.
Firm's page for FundedNext Futures profit target (opens in a new tab) · checked 2026-11-05
- Daily loss
Daily loss limit is 4% of the initial balance. Applies to: FNL:002 12% MLL 3-Day Payout 2-Step 25K Challenge (Challenge Phase and FundedNext Account).
Firm's page for FundedNext Futures daily loss (opens in a new tab) · checked 2026-11-05
- Max loss / drawdown
Maximum loss limit is 12% of the initial balance. Applies to: FNL:002 12% MLL 3-Day Payout 2-Step 25K Challenge (Challenge Phase and FundedNext Account).
Firm's page for FundedNext Futures max loss / drawdown (opens in a new tab) · checked 2026-11-05
- Minimum trading days
Each phase needs at least 2 profitable days of 1% net profit. Applies to: FNL:002 2-Step 25K Challenge, each phase.
Firm's page for FundedNext Futures minimum trading days (opens in a new tab) · checked 2026-11-05
- News trading
News trading is not permitted. Applies to: FNL:002 12% MLL 3-Day Payout 2-Step 25K Challenge.
Firm's page for FundedNext Futures news trading (opens in a new tab) · checked 2026-11-05
- Weekend / overnight holding
Holding positions over weekends and overnight is allowed. Applies to: FNL:002 12% MLL 3-Day Payout 2-Step 25K Challenge.
Firm's page for FundedNext Futures weekend / overnight holding (opens in a new tab) · checked 2026-11-05
- EAs and bots
Expert advisors are not permitted. Applies to: FNL:002 12% MLL 3-Day Payout 2-Step 25K Challenge.
Firm's page for FundedNext Futures eas and bots (opens in a new tab) · checked 2026-11-05
- Profit split
Trader keeps 85% of profit on the funded account. Applies to: FNL:002 12% MLL 3-Day Payout 2-Step 25K Challenge, FundedNext Account.
Firm's page for FundedNext Futures profit split (opens in a new tab) · checked 2026-11-05
- Payout timing
Payout requires 3 profitable days of 1% profit, not necessarily consecutive. Applies to: FNL:002 12% MLL 3-Day Payout 2-Step 25K Challenge, FundedNext Account.
Firm's page for FundedNext Futures payout timing (opens in a new tab) · checked 2026-11-05
- Other payout terms
Payouts must be the full amount; partial withdrawals are not allowed. Applies to: FNL:002 12% MLL 3-Day Payout 2-Step 25K Challenge, FundedNext Account.
Firm's page for FundedNext Futures other payout terms (opens in a new tab) · checked 2026-11-05
What these rules mean in money
- Account size used: US$25,000 (the size the firm's page gives its numbers for).
- Daily loss room: US$1,000 = 4% of the account. At 1% risk per trade that is 4 full losses in one day; at 0.5% risk, 8.
- Total loss room: US$3,000 = 12% of the account, static (the floor never moves). At 1% risk that is 12 losses in a row before the account ends.
- Profit target US$2,000 vs total loss room US$3,000: you must make 0.67 times what you are allowed to lose.
- The daily limit is 33% of the total loss room, so two bad days at the daily limit still leave the account room.
| Within | Breaks a loss rule | Reaches the target first |
|---|---|---|
| 5 trading days | 36% | 19% |
| 10 trading days | 49% | 37% |
| 30 trading days | 54% | 46% |
How the table is made: the same made-up trader on every firm page takes 4 trades a day, wins 45% of them, wins 1.5 times what a loss costs, and risks 1% of the starting balance per trade. We replayed 20,000 random 30-day runs against this firm's stated loss limits and target (first event wins; only closed trades counted, so real accounts with open-trade swings break limits more often). Real traders differ, so read these as a way to compare rule sets, not as a rating of any firm.
Rules that can catch you if…
- …you trade around big news: see "News trading" above.
- …you hold trades overnight or over a weekend: see "Weekend / overnight holding" above.
- …you use an EA or bot: see "EAs and bots" above.
- …you need a payout soon: see "Payout timing" above.
Compare and check
- Alpha Capital Group rules (Alpha Pro 8%)
- Aqua Funded rules (2 Step Pro)
- Audacity Capital rules (Ability Challenge (2 steps))
- Blue Guardian rules (2 Step Standard)
- All prop firm rule pages
- Prop Firm Rules Check: your own trades against these rules
- Consistency rule calculator
Independent summary. Not affiliated with, endorsed by or paid by any firm listed. Names belong to their owners. Rules change - check the firm's page before you buy. Report a change
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