Frequently Asked Questions

You should receive your account credentials within 5 minutes from your payment. When your account is created you will receive a notification from us via email. If you do not find our email after making the payment, please check your spam/junk folder.

Next Step Funded was founded by experienced traders and liquidity risk managers. We see $200k as an optimal maximum amount of capital before excess levels of slippage and poor trade conditions not suited to retail traders will set in.

No, we don’t allow account merging at this moment.

Yes, as we are on the lookout for individual traders and often make payouts to bank for account live traders. As such accounts must be created in your own name.

After passing the final phase, you must complete your KYC, found in your trader dashboard’s profile section. After KYC approval, we’ll send your Deel contract and funded account logins within 1-3 business days.

We classify our live traders as independent contractors. As such you invoice Next Step Funding for your earnings and must report this yourself to your relevant tax authority

Yes, the minimum age to participate in all of our programs is 18 years of age or older.

While we do not have limits on the number of accounts a trader can have, we do limit the total account value of all accounts held by a person to $600,000 USD

We aim to process payouts as quickly as possible. Our average withdrawal processing time is within 1-4 business days.

You can withdraw your profit from your client portal, please ensure you are in profit at the end of the trading cycle and all positions are closed. We pay out with DEEL.

When you become a live trader with us, you are legally contracted to our business and a part of the team! As such, we use Deel as our remote workforce management tool to contract you to our prop firm and payout your earnings.

Yes, 100$

For all your Next Step Funded accounts, you will get 1:30 leverage.

Here: Download  Alternatively, you can download the platform from your trader portal.

No, there are no monthly fees.

Yes, We value your skills and knowledge, and as a recognition for your achievement, you will receive a certificate from Next Step Funded.

Yes, you are allowed to trade using your mobile device with the MT4 app.

We currently do not accept clients from the following Afghanistan, Burundi, Central African Republic, Congo Republic, Cuba, Crimea, Democratic Republic of Congo, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, Liberia, Libya, Myanmar, North Korea, Papua New Guinea, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela, Yemen, Zimbabwe (as per deel restrictions)

Next Step Funding is partnered with Eightcap as our broker to offer industry leading spreads and commissions for traders. To understand their account offering that we use see here: https://www.eightcap.com/en/trading/trading-conditions/spreads/

You are permitted to trade your account with the MT4 platform, which is provided by ASIC-regulated broker EightCap.

Yes, you are allowed to use EAs, including tools for managing risks, auto trading bots as well as third-party bots. We do not allow any of the following EAs on funded accounts: Reverse arbitrage Hedge arbitrage Latency arbitrage Tick scalping Copying trades from other traders If any of this type of EA is found on your account, gynance will consider this practice a violation of the rules, and we will terminate your account without warning. 

While you’re allowed to use trade copiers to replicate your own personal trades onto your Next Step Funded account, be mindful of unintentional mirroring of other clients’ trades. Your Next Step account can serve as the master account, or it can receive trades from your other accounts. 

However, be aware that you don’t place identical orders simultaneously with other traders on our platform. This can be a consequence of using common Expert Advisors (EAs), account management services, or third-party signals. If our system detects identical consecutive orders from two or more users, it is considered a policy violation. This rule is especially important during the funded trading stage. While EAs are permitted, we strongly recommend using a unique set file or verifying that no other traders are employing the same EA on our servers. This helps prevent our system from identifying duplicate orders. 

Yes, hedging is allowed, however, using multiple accounts to hedge entries between them will be considered a violation of the rules.

Yes, you are allowed to hold trades overnight and on the weekends.

Yes, News trading is allowed.

Yes, after 30 days of inactivity, the account will be terminated.

Your withdrawal will be declined.

Our drawdown is static, which means that the drawdown level does not change as your account balance changes. The overall drawdown is set at maximum of 12% from the initial account balance. This means that your account balance or equity can’t go below 88% of the initial balance at any time during your whole trading journey. It implies that your account balance or equity should always be over 88% of the initial account balance to avoid rule violations. For example, for a 100k account, your maximum loss limit is $12k. If you made some profits and now your account balance is 110k your drawdown limit remains at 88k. So, as long as your balance/equity (whichever is lower) is over 88k, you will not violate the overall drawdown.




Regardless of how a trade is split up, it’s counted as one entry. For instance, trading 1 lot or splitting it into two 0.5 lots are both considered a single trade.

(make a copy so you can edit it and add your data) Click Here

No, traders cannot evade our consistency rules by delaying their withdrawals. Whether a trader’s first withdrawal occurs after 1 month or 3 months, they must follow the rules stipulated for the first month’s withdrawal.

Our two-step funded account process does have stricter rules, and we are conscious of this. The reason behind these rules is that we permit High-Frequency Trading (HFT) to pass the challenge, which essentially manipulates the system. If you can successfully complete the challenge manually, you may proceed to the one-step challenge, where no consistency rules apply.

Once you pass your evaluation, you need to complete the Know Your Customer (KYC) process in the My Profile section of your account. This process usually takes 1-3 business days for our team to review. If your KYC review fails or encounters some error, please email

The withdrawal option typically appears on your account the day after your scheduled withdrawal date. For example, if your withdrawal date is the 15th of the month, the option to withdraw will appear on the 16th.

If you encounter this issue, please contact our support team via email at [email protected]. We will assist you in resolving this matter.

3 minimum days.

60 calendar days.

Yes, you can get one free repeat. Only if you never broke any rules and are in profit.

Yes, we offer 100% refund on your first payout.

Yes, you are allowed.

Once you become a live funded trader, you must trade with us for at least 30 days for your first two payouts, and after that we can payout bi-weekly

 FUNDED ACCOUNTS ONLY

Month 1:

 ◦ No Trade can be more than 50% of your total profit.

 ◦ 80% profit split

Month 2:

 ◦ No Trade can be more than 50% of your total profit.

 ◦ 80% profit split

Month 3+:

 ◦ 80% profit split

No, it is not allowed on One-Step.

After passing the phase, you must complete your KYC, found in your trader dashboard’s profile section. After KYC approval, we’ll send your Deel contract and funded account logins within 1-3 business days.

Yes, you can get one free repeat. Only if you never broke any rules and are in profit.

You pay a one-time fee for an attempt at the 2-Step Evaluation. The provision of this 2-Step Evaluation is a service. Since services are being rendered instantaneously upon purchase, there are no refunds. All transactions made are final. If you are purchasing an evaluation through Next Step Funded you are doing so in acknowledgement that you will not be refunded.

Once you become a live funded trader, you must trade with us for at least 30 days for your first two payouts, and after that we can payout bi-weekly

our total lots traded (not including pending orders) / total market order trades.

The range is determined by adding 100% to your average trade size to determine the maximum value and subtracting 75% to determine the minimum value. For example, if your average trade size was 10 Lots. This means that any trades that fall within the range of 2.5 to 20 lots would be considered consistent with your average trade size. Any trades that fall outside of this range will be considered lucky trades and will not be counted towards the minimum trading days requirement.

(make a copy so you can edit it and add your data) https://docs.google.com/spreadsheets/d/1OOc5TojxSP4mtwRF0V0kAYUyj7hOK35quFFcueQsW0I/edit

FUNDED ACCOUNTS ONLY

Month 1:

 ◦ Minimum 10 days in trade range

 ◦ Profitable trades that fall outside trade will be removed

 ◦ No Trade can be more than 50% of your total profit.

 ◦ 60% profit split

 ◦ 5% profit cap on account

Month 2:

 ◦ Minimum 5 days in trade range

 ◦ Profitable trades that fall outside trade will be removed

 ◦ No Trade can be more than 50% of your total profit.

 ◦ 70% profit split

 ◦ 5% profit cap on account

Month 3:

 ◦ 80% profit split

 ◦ 5% profit cap on account

Month 4+:

 ◦ 80% profit split

Yes, it is allowed

This will be sent automatically once you pass phase 1.

After passing phase 2, you must complete your KYC, found in your trader dashboard’s profile section. After KYC approval, we’ll send your Deel contract and funded account logins within 1-3 business days.

Trader has an average trade size of 10 lots. Based on the given rules, their trade size range would be between 2.5 lots (10 lots * 25%) and 20 lots (10 lots * (200%).

Throughout Month, Trader makes a total of 30 trades, and here’s a breakdown of their trades:

1. 18 trades within the 2.5 to 20 lots range
2. 6 trades below 2.5 lots
3. 6 trades above 20 lots

Since Trader has met the minimum 10 days in trade range, the following rules apply:

1. Profitable trades that fall outside the trade range will be removed.
2. No trade can be more than 50% of their total profit.

No single trade should account for more than $3,000 if Trader A’s total profit is $6,000, for example. As long as Trader A’s trades meet these conditions, they will receive a 60% profit split and be subject to a 5% profit cap on their account.

Trader also has an average trade size of 10 lots, giving them a trade size range of 2.5 to 20 lots. In Month 1, they make a total of 20 trades:

1. 8 trades within the 2.5 to 20 lots range
2. 4 trades below 2.5 lots
3. 8 trades above 20 lots

In this scenario, Trader falls short of the minimum 10 days in trade range requirement. This means that their trades falling outside the range will not be counted, and does not qualify for the 60% profit split and 5% profit cap.

To meet the consistency rules, Trader needs to ensure they have a minimum of 10 trades within the specified range during Month 1.

A trader with an average trade size of 10 lots has a range of 2.5 to 20 lots. In one month, they make 25 trades:

1. 15 trades within the 2.5 to 20 lots range
2. 5 trades below 2.5 lots
3. 5 trades above 20 lots

They meet the minimum 10 days in trade range, but one of their trades within the range accounts for $4,000 in profit. Their total profit before adjustments is $7,000, meaning this trade represents more than 50% of their total profit.

Since the trade exceeds the 50% rule, it is removed from their profit calculation. The remaining profit from other trades is now $3,000. As long as the rest of their trades meet all the consistency rules, including the minimum 10 days in trade range, the trader would qualify for the 60% profit split and the 5% profit cap.

A trader with an average trade size of 10 lots has a range of 2.5 to 20 lots. In one month, they make 35 trades:

1. 25 trades within the 2.5 to 20 lots range
2. 5 trades below 2.5 lots
3. 5 trades above 20 lots

The trader meets the minimum 10 days in trade range and carefully monitors their trades to ensure compliance with all consistency rules. They focus on managing risk by using appropriate stop-loss and take-profit orders, and they make informed decisions based on market analysis and strategy.

Their total profit before adjustments is $8,500, and no single trade accounts for more than 50% of their total profit. The profitable trades outside the range will be removed, leaving them with a total profit of $7,500.

In this scenario, the trader qualifies for the 60% profit split and the 5% profit cap. They would receive $4,500 (60% of $7,500) as their profit split, and their account would be subject to the 5% profit cap.

By adhering to the consistency rules and focusing on risk management, traders can optimize their performance while complying with the requirements for funded accounts. It’s essential to monitor trade sizes and profits regularly to ensure ongoing eligibility for the profit split and cap.

A trader with an average trade size of 10 lots has a range of 2.5 to 20 lots. In one month, they make 28 trades:

1. 20 trades within the 2.5 to 20 lots range
2. 4 trades below 2.5 lots
3. 4 trades above 20 lots

The trader meets the minimum 10 days in trade range and diligently follows a risk management strategy. They implement a risk-reward ratio of 1:2, setting stop-loss and take-profit orders accordingly. They also keep themselves updated with market news and technical analysis to make informed decisions.

Their total profit before adjustments is $9,000. Since none of their trades outside the range were profitable, no adjustments need to be made for their total profit.

Additionally, no single trade accounts for more than 50% of their total profit.

In this scenario, the trader qualifies for the 60% profit split and the 5% profit cap. They would receive $5,400 (60% of $9,000) as their profit split, and their account would be subject to the 5% profit cap.

This scenario demonstrates the importance of staying within the consistency rules and using proper risk management techniques to achieve success in trading. A well-executed plan can help traders maximise their profits while adhering to the requirements of funded accounts.