Details About Next Step Funded
- Legal Name: The legal name of Next Step Funded is Prop Trade Tech Pty Ltd.
- Company Number: The registration number of Next Step Funded is ABN 71 661 045 950.
- Country of Registration: Next Step Funded is registered in an undisclosed country.
- CEO: The CEO of Next Step Funded is not publicly disclosed.
- Support Mail: You can contact Next Step Funded at [email protected].
- Phone: The phone number for Next Step Funded is not publicly available.
- Payment Modes: Next Step Funded supports payments via Crypto, Credit/Debit Card.
- Withdrawal Modes: Next Step Funded facilitates withdrawals through Crypto.
- Official Website: Visit the official website of Next Step Funded at https://nextstepfunded.com.
- Banned Countries: Next Step Funded does not allow traders from Cuba, Iran, North Korea, Russia, Somalia, Syria.
Challenge Details at Next Step Funded
- Types of Challenge:The challenges offered at Next Step Funded include One Phase Challenge.
- Trading Platforms:Next Step Funded supports trading on MetaTrader.
- Trading Instruments:Traders at Next Step Funded can trade Forex, oil, Metals, Indices, Stocks.
- Broker:The broker associated with Next Step Funded is Eightcap.
- Max Allocation:The maximum allocation provided by Next Step Funded is 600,000.
- Scaling:The scaling potential at Next Step Funded reaches up to not available.
- Trading Competitions:Next Step Funded does not organize trading competitions for traders.
- Free Trials:Next Step Funded does not offer free trials to its users.
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.
Next Step Funded Challenge Account Pricing
One Step
Pricing
Size: $15000 ($125)
Size: $25000 ($179)
Size: $50000 ($359)
Size: $100000 ($602)
Size: $200000 ($1205)
Features
Drawdown Type
Balance Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
12%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
10%
Daily Loss
5%
HFT LIMITED EDITION ONE-STEP CHALLENGE
Pricing
Size: $50000 ($440)
Size: $100000 ($890)
Size: $300000 ($2150)
Features
Drawdown Type
Balance Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
12%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
10%
Daily Loss
5%
Frequently Asked Questions
Reviews
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