FundedNext is reshaping its monthly competition format this June, leaning into a model where traders compete directly for funded capital.
FundedNext is reshaping its monthly competition format this June, leaning into a model where traders compete directly for funded capital.
FundedNext is reshaping its monthly competition format this June, leaning into a model where traders compete directly for funded capital instead of progressing through layered evaluations.
At the center of the announcement is a prize structure that blends cash rewards with a large allocation of Stellar Instant accounts. The total pool includes $8,000 in cash, alongside $650,000 in funded accounts, signaling a clear focus on getting traders’ live capital rather than just recognition.
Participants will operate using $100,000 competition accounts under a standardized rulebook. Risk parameters remain tight: a 5% daily loss limit and 10% maximum overall drawdown, both calculated on balance. Traders must also log at least five active trading days to qualify.
The rule set introduces several boundaries that shape trading behavior. Expert Advisors are not permitted, accounts are swap-free, and traders can hold up to five positions simultaneously. Activity is capped at 50 trades per day, while flexibility remains in other areas, with both news trading and overnight or weekend holding allowed. For certain asset classes like indices, commodities, and metals, position sizing is limited to three lots per trade.
On the rewards side, the top-ranking trader will receive a $20,000 Stellar Instant account paired with $5,000 in cash. Second and third place winners secure the same account size with reduced cash payouts. Beyond the podium, rewards extend deep into the leaderboard, with account allocations distributed across the top 100 traders and additional winners selected through a draw reaching as far as 600th place.
Participation is restricted to one account per trader, with IP monitoring in place to enforce the rule.
Registrations for the June competition are now open, with the firm framing this edition as a faster route into funded trading, driven purely by performance during the contest window.
Want to read about the firm? Click here.
The Funded Trader follows a belief that every retail trader deserves an opportunity to raise capital based on their performance and commitment to building their own business. They are searching for passionate and experienced traders who will succeed with the help of their funds by showing skills in various market conditions.
Bespoke Funding strives to create unique funding opportunities for traders worldwide by creating approachable ways to become a professional, funded trader who can remotely manage their capital. They have developed a user-friendly experience with the industry's best technology to back it.
MyFundedFX offers traders three different challenge programs that aim to provide an opportunity to trade without risking their own capital. Profitable traders receive a payment based on a specific percentage of the profits they make while having no liability on the firm's capital, meaning that they will cover all losses.
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