Vigil/Setup/MetaTrader 4/FundedNext
Execution2-step

How to Set Up MetaTrader 4 for FundedNext

Connect MetaTrader 4 to your FundedNext account and configure the platform for FundedNext's static (floor never moves) rules. This guide covers connection, verification, and recommended risk settings.

Connection Steps
1

Create your FundedNext account

Sign up at https://fundednext.com and purchase your evaluation. You will receive login credentials and a data feed connection string via email.

2

Download and install MetaTrader 4

Download MetaTrader 4 from the official website. Run the installer and follow the setup wizard.

3

Add the data feed connection

Open MetaTrader 4 and navigate to Connections or Data Feed settings. Add a new connection using the server address, username, and password from FundedNext.

4

Log in and verify

Connect to the data feed and verify market data is streaming. Check that your account balance matches your FundedNext dashboard.

5

Configure risk settings

Set position size defaults, max order quantity, and any ATM strategies to prevent accidental oversizing that could breach FundedNext rules.

Recommended Settings for FundedNext
  • --Set a daily loss alert at 4.0% (80% of FundedNext's 5% limit) so you stop trading before the hard cap.
  • --FundedNext uses static drawdown. Your floor stays fixed at opening balance minus 10%. Set daily risk to stay well above that floor.
  • --Save your workspace template after configuring so you can restore it quickly if settings are lost.
FundedNext Rules at a Glance
Drawdown TypeStatic (floor never moves)
Max Drawdown10%
Daily Loss Limit5%
Overnight HoldingAllowed
Weekend HoldingAllowed
News Tradingallowed
Try a Free Audit

Check a trade against FundedNext's rules for the $6,000 account. No sign-up required.

FundedNext$6,000Daily limit: $5Max DD: $10