Question 1

Can you trade news on FundedNext?

Accepted Answer

Yes, FundedNext allows news trading in all phases. You can trade during high-impact news events like NFP, FOMC, and CPI without restrictions.

Here is the breakdown by phase:

-Phase 1: news trading is fully allowed
-Phase 2: news trading is fully allowed
-Funded: news trading is fully allowed

FundedNext trades on MT4, MT5, cTrader and covers forex, indices, commodities, crypto.

Question 2

Can you hold overnight on FundedNext?

Accepted Answer

Yes, FundedNext allows you to hold positions overnight in all phases. You do not need to flatten your positions before the market closes.

Question 3

Can you hold over weekend on FundedNext?

Accepted Answer

Yes, FundedNext allows you to hold positions over the weekend in all phases. You can keep trades open from Friday through Monday.

Question 4

Can you use EAs/bots on FundedNext?

Accepted Answer

Yes, FundedNext allows the use of Expert Advisors (EAs) and automated trading bots. You can run algorithmic strategies on MT4, MT5, cTrader.

Question 5

What happens if you hit drawdown on FundedNext?

Accepted Answer

If you hit the maximum drawdown limit on FundedNext, your account is immediately terminated. All open positions are closed and you lose access to the account.

Question 6

How to reset FundedNext challenge?

Accepted Answer

To reset your FundedNext challenge, you need to purchase a new evaluation. FundedNext does not offer free resets.

Can you trade news on FundedNext?

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