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Overview Of Funded Next Stellar Challenge

TheTrustedProp
Date: May 11, 2024

If you're looking to embark on a trading journey that offers simplicity and profitability, Challenge Type-3, also known as the Stellar challenge, could be the perfect fit for you. In this comprehensive guide, we will delve into the intricacies of Challenge Type-3 (Stellar) and provide you with all the information you need to succeed.

What Is Stellar Challenge?

Challenge Type-3 (Stellar) is a unique trading challenge that distinguishes itself from other challenge types with its straightforward rules and enticing profit-sharing opportunities. Unlike some challenges that come with time constraints, Stellar challenges focus solely on achieving a specific profit target, without the pressure of a deadline.

The Path to Success

In a Stellar challenge, your primary goal is to hit a predefined profit target. Once you reach this target, you'll gain access to the FundedNext Account, where you can enjoy an initial 80% profit share. As you continue to scale up your trading, your profit share can eventually rise to an impressive 90%.

Key Features of Stellar Challenge

To succeed in the Stellar challenge, it's essential to understand the key features and guidelines:

Lower Profit Target, No Time Limit

Stellar challenges offer a lower profit target compared to other challenges, but there's no time limit to achieve it. This provides you with the flexibility to trade at your own pace.

Minimum Trading Requirements

To advance to the next phase and unlock the higher profit share, you need to fulfill minimal trading requirements. Specifically, you must complete at least 5 individual and separate trades during your trading journey. The best part? Your trading days don't have to be consecutive.

 

In conclusion, Challenge Type-3 (Stellar) offers a clear path to trading success with its achievable profit targets and generous profit-sharing opportunities. Whether you're a seasoned trader or just starting, this challenge provides the flexibility and support needed to thrive in the world of trading.

Don't miss the chance to unlock your trading potential and reap the rewards that come with it. Get started with Challenge Type-3 (Stellar) and embark on a journey towards financial success.

FAQs

To ensure a successful journey in the Stellar 1-Step Challenge, it's crucial to adhere to the following guidelines: Maximum Daily Drawdown: You're allowed to lose a maximum of 3% of your initial account balance in a single day. Maximum Overall Drawdown: Your overall drawdown should not exceed 6% of your initial account balance. Minimum Trading Days: Complete a minimum of 5 individual trades during your trading journey. Copy Trading: You can engage in copy trading from another FundedNext account, provided it's owned by you. IP Address: Use a single device with a unique IP address for secure trading. VPN/VPS Service: Consider using paid VPNs or VPS services for consistent tracking. EAs/Indicators: Utilize Expert Advisors and Indicators to enhance your trading strategies. Restricted Trading Strategies: Avoid cheating or exploitation, as it goes against the platform's Terms of Service.

Once you successfully reach the profit target and complete the minimum trading days, a pop-up message will appear on your dashboard. This message will guide you through the KYC verification process, which takes approximately 24-48 hours to provide you with the FundedNext account.

While reaching the profit target is impressive, you must maintain the minimum trading days even if you achieve the target earlier. The minimum trading days for a Stellar 1-Step Challenge is 5 days with no time limit.

In the Stellar 1-Step Challenge Phase, your goal is to reach a 10% profit target without any time constraints. However, in the Stellar 1-Step FundedNext Account, there's no specific profit target.

There is no time restriction for completing the Stellar 1-Step Challenge. You can take as much time as you need to fulfill the requirements.

As you progress through the Stellar 1-Step Challenge, your profit share will increase, starting at 15% during the Challenge Phase and rising to 90% in the FundedNext account. Your dedication will also be rewarded with a refund of your subscription fee.

To excel in the Stellar 2-Step Challenge, adhere to these rules: Maximum Daily Drawdown: Limit daily losses to 5% of your initial account balance. Maximum Overall Drawdown: Keep overall drawdown under 10% of your initial balance. Minimum Trading Days: Complete at least 5 individual trades, with no minimum trading days in the FundedNext account. Copy Trading: You can copy trades from other accounts owned by you, but not from accounts owned by different individuals. IP Address: Use a single device with a unique IP address for secure trading. VPN/VPS Service: Consider using paid VPNs or VPS services for consistency. EAs/Indicators: Utilize EAs and Indicators while ensuring uniqueness in your trading parameters. Restricted Trading Strategies: Avoid cheating or exploitation, in line with the platform's Terms of Service.

The profit target for the Stellar 2-Step Challenge varies by phase: Stellar 2-Step Phase 1: Achieve an 8% profit target with no time limit. Stellar 2-Step Phase 2: Achieve a 5% profit target with no time limit. Stellar 2-Step Funded Next Account: No specific profit target.

Similar to the Stellar 1-Step Challenge, there are no time restrictions for completing both Phase 1 and Phase 2. You have the freedom to take your time.

As you progress through the Stellar 2-Step Challenge, your profit share will increase from 15% during the Challenge Phase to 90% in the Funded Next account. Additionally, you'll receive a refund of your subscription fee as a token of appreciation for your commitment.

Once you successfully reach the profit target of Stellar 2-Step Phase 1 and fulfill the minimum trading requirements, you'll gain access to Phase 2. Upon completing Phase 2, a pop-up message will guide you through the KYC verification process, leading to the issuance of your FundedNext account.

Yes, you have the option to reset your account in Stellar 2-Step Challenge Phase 2. This allows you to restart your trading journey with FundedNext. However, please note that resetting in Phase 2 means restarting from Phase 1 with a new Challenge account.

To be eligible for a FundedNext account, you must adhere to the minimum trading days requirement, even if you reach the profit target earlier. For Stellar 2-Step Challenge, this means maintaining 5 minimum trading days on each phase.

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