Competition organized every month

FundedNext, a well-known platform offering financing opportunities for traders, organizes a fascinating trading contest that attracts participants from around the world. The competition takes place on the popular MetaTrader 5 (MT5) platform, which is renowned for its advanced analytical tools and ease of use. MT5 allows traders to monitor the market, execute transactions, and utilize various technical indicators, making it an ideal environment for conducting a high-stakes contest.

The FundedNext trading contest enjoys immense popularity, with the May 2024 contest attracting over 110,000 participants. Those who placed between 1st and 100th received guaranteed prizes, and an additional 50 prizes were drawn among participants placing between 101st and 600th. The first prize in the contest is $7,000 in cash and a fully paid $300,000 challenge. The prizes in the FundedNext contest are exceptionally attractive, further motivating participants to achieve their best results. Winners have the chance to receive trading capital ranging from $15,000 to $300,000, enabling them to trade on a larger scale and potentially earn higher profits.

The rules of the FundedNext contest are designed to ensure fair and challenging competition. Participants must adhere to specific risk management rules, such as maximum daily losses and position size limits. The maximum daily loss is 5%, the maximum overall loss is 10%, and participants can hold up to 5 positions at a time (one position being a maximum of 5 lots for currencies, 3 lots for indices, commodities, and metals).

In summary, the trading contest organized by FundedNext is an excellent opportunity for ambitious traders who want to test their skills on a global stage. With the professional MT5 platform, attractive prizes, and challenging rules, participants have the chance to significantly develop their trading careers. Through its initiatives, FundedNext not only promotes the best traders but also supports them in their further development, making this contest one of the most prestigious events in the trading world.