FundedNext has officially launched its August Trading Competition, introducing a new 14-day format to create a faster and more competitive.
FundedNext has officially launched its August Trading Competition, introducing a new 14-day format to create a faster and more competitive.
FundedNext has officially launched its August Trading Competition, introducing a new 14-day format to create a faster, more dynamic competitive experience. The prop firm said the shortened duration will reduce waiting times between competitions while encouraging traders to stay consistent and focused throughout the event.
The August competition offers a total of $8,000 in cash prizes alongside $650,000 worth of Stellar Instant accounts, giving participants multiple opportunities to earn both immediate cash rewards and funded trading accounts. According to FundedNext, the competition aims to reward strong trading performance while increasing the frequency of its monthly events.
The overall winner will receive a Stellar Instant 20K account together with $5,000 in cash. Second place will earn a 20K Stellar Instant account and $2,000, while third place receives a 20K Stellar Instant account plus $1,000. Traders finishing between 4th and 10th place will each receive 20K Stellar Instant accounts, with those ranked 11th to 20th awarded 10K Stellar Instant accounts. Competitors finishing 21st to 50th will receive 5K Stellar Instant accounts, while those placing 51st to 100th will earn 2K Stellar Instant accounts. Additionally, 50 randomly selected participants from positions 101st to 600th will also receive 2K Stellar Instant accounts.
The competition will be on $100,000 Challenge accounts and will run for 14 days. Trading conditions include a 5% maximum daily loss limit, 10% maximum overall loss limit, and a minimum requirement of five trading days. News trading, overnight holding, and weekend holding are permitted, while Expert Advisors (EAs) are not allowed. Participants are limited to one account and one IP address per person, may hold up to five open positions simultaneously, and can execute a maximum of 50 trades per day.
By shortening its August Trading Competition to two weeks, FundedNext is offering traders a quicker competitive cycle while maintaining broad prize distribution across hundreds of participants.
FundedNext is famous for empowering traders with access to significant capital, enabling them to trade in global financial markets. By offering a variety of account sizes and platforms, including cTrader and MT5, FundedNext provides traders with the tools and resources they need to succeed. The firm’s innovative approach includes profit-sharing models, comprehensive support, and a focus on education, making it a preferred choice for traders seeking to maximize their potential while minimizing personal risk. With a solid commitment to customer satisfaction, FundedNext continues expanding its presence in the prop trading industry.
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