Next Step Funded offers aspiring traders the opportunity to pass a trading challenge, get funded, and keep up to 80% of their profits. With no minimum trading days, participants can trade anytime and hold trades over the weekend. The firm provides various account options, including a $50,000 account for $440, a $100,000 account for $890, and a $300,000 account for $2,150, each with specific profit targets, daily loss limits, and total loss limits. Next Step Funded allows the use of High-Frequency Trading (HFT) on funded accounts.
Traders can join the active community on Discord, where both experienced and novice traders share market insights and stay updated with announcements. Next Step Funded's simple three-step process involves selecting a challenge, passing it along with identity verification (KYC), and then trading with a funded account.
The firm partners with Eightcap to offer over 500 trading products, including major and minor FX pairs, metals, oil, indices, and stock CFDs. Eightcap’s platform ensures a seamless trading experience with fast execution and industry-leading spreads. However, Next Step Funded prohibits certain Expert Advisors (EAs) to maintain fair trading practices and the integrity of the trading environment.
Due to regulatory conditions, residents from specific countries, including the United States, cannot purchase challenges. Additionally, while traders can have multiple accounts, the combined value is capped at $600,000. Funded traders can withdraw earnings bi-weekly after the initial 30-day trading period for the first two payouts.
