Prop firm rules
FundedNext rules and how to track them
FundedNext's profit targets and loss limits by program, and how to set them up in Simple Trading Journal so you always see how far you are from each limit.
Rules by program
| Program | Stellar 2-Step | Stellar 1-Step | Stellar Lite | Stellar Instant |
|---|---|---|---|---|
| Profit target | 8% → 5% | 10% | 8% → 4% | None |
| Max daily loss | 5% | 3% | 4% | None |
| Max total loss | 10% | 6% | 8% | 6% |
| Measured from | Starting balance (static) | Starting balance (static) | Starting balance (static) | Highest balance (trailing) |
| Minimum days | 5 trading days | 2 trading days | 5 trading days | None |
Percentages are of the initial account balance. Two targets mean phase 1 and phase 2.
Platforms: MT4, MT5, cTrader, Match-Trader
Details worth knowing
- Daily loss and maximum loss both count realized and floating results plus swap and commission. The daily limit resets at 00:00 server time.
- Stellar 1-Step, 2-Step and Lite use a static maximum loss measured from the initial balance. Stellar Instant has no profit target and no daily limit, but a 6% trailing maximum loss.
- Minimum trading days: 5 per phase on 2-Step and Lite, 2 on 1-Step, none on Instant.
- News trading is allowed in the challenge and on the funded account.
- US clients (including Puerto Rico and American Samoa) can only use Match-Trader; MT4, MT5 and cTrader are not available to them.
How to track FundedNext in Simple Trading Journal
- Create a new journal and choose Prop Account.
- Enter your account size as the starting capital.
- Enter the profit target, max daily loss and max total loss as amounts. On a $100,000 account, 5% is $5,000.
- For the total loss, choose "from the starting balance" or "from the highest balance (trailing)" to match the table above.
- Connect MetaTrader with the Expert Advisor so every trade arrives on its own, or import your history file.
Step-by-step: connect MetaTraderStep-by-step: import your history
The counter in your journal uses closed trades. FundedNext can also count the floating loss of open positions, so leave yourself a buffer below each limit.
Source
Checked against the official pages on October 4, 2026. Rules change and differ by account type: always confirm on FundedNext's own site. Simple Trading Journal is not affiliated with FundedNext.