THE DOSSIER — ACCOUNT DEEP-DIVE
FundedNext $200,000 Stellar 1-Step Account Rules
Exact dollar thresholds, breach math, and verified sources for this tier.
All-In Cost to First Payout
Sticker price vs real cost — All-In Quantitative Fee Model
If you pass first try
→ $0 net after refund on 1st payout
Assumes pass on first attempt. Add 1–2 resets for realistic avg (FPFX: only 7% get payout).
Realistic (1 reset avg)
→ $1,099.99 net after refund
Assumes 1 reset(s). Data fees vary by platform. FPFX base rate: ~7% ever get payout — budget for resets.
Methodology: challenge + resets + activation + data + add-ons − documented refund. Futures add $38/mo data + $149 activation where applicable. We never hide reset cost behind “bonus” language.
RISK ANALYSIS
How Can I Fail This Account?
Before spending capital on this evaluation, these are the exact mathematical and operational tripwires that disqualify traders on this specific model.
Daily Loss at 00:00 Rollover
Daily loss is calculated against your day-starting balance/equity. Holding floating drawdown into the 00:00 server reset can breach on spread widening alone.
60-Day Inactivity Forfeiture
60 consecutive days without a trade = automatic lock and revoked credentials. Many pass the evaluation and pause before the next step, losing all progress.
Withdrawal Gates Bite After Passing
First reward after 5 business days, then every 5 business days; fee refunded with 3rd reward; 15% of challenge profit paid at first scale-up
Banned Patterns Pass Silently, Fail at Payout
Grid, martingale, all-in sizing, copied signals, and cross-account hedging often trigger no dashboard warning during evaluation — the review lands when you request real money.
COMPLETE RULEBOOK
Every Rule on This Account
Daily drawdown, max drawdown, targets, trading days, payouts, news, holding, automation, inactivity — each rule translated to this 200,000 account's exact dollar numbers.
Daily Loss Limit: 3% ($6,000/day)
Your daily allowance is fixed off the starting balance and counts open + closed P&L. It resets at 0:00 server time. Intraday profits temporarily widen the buffer, but the base never changes — lose the full allowance in 24 hours and the account is terminated on the spot.
Maximum Loss: 6% (floor starts at $188,000)
Static: the floor is set once from your starting balance and never moves — profits never drag it up behind you. Across the whole lifetime of the account, equity can never print below the current floor.
Profit Target: 10% ($20,000)
Bank $20,000 from the starting balance to pass. Measured on closed-trade profit — floating P&L does not count until you close.
Minimum Trading Days: 2
You must trade on at least 2 separate days before the phase counts as passed — even if you hit the profit target on day one. A trading day counts when you place at least one trade that closes with non-zero P&L.
Payouts: Every 5 business days · 80% split
First reward after 5 business days, then every 5 business days; fee refunded with 3rd reward; 15% of challenge profit paid at first scale-up. Your share of every approved withdrawal is 80%, up to 95% with the scale-up/add-on.
News Trading: Allowed
News trading allowed on challenge + funded; funded-account profits inside ±5min window count at 40% (losses 100%)
Weekend + Overnight Holding: Allowed
Positions may stay open overnight and over the weekend at every stage. Swap charges still apply — and swap counts against your daily and maximum loss limits, with triple-swap days on some instruments.
Expert Advisors / Bots: Allowed
Automation is permitted — but verify whether your firm requires a paid add-on, platform restriction (MT4/MT5 only at some firms), or bot registration before the first automated trade. Unauthorized automation is a standalone violation.
Copy Trading & Hedging Boundaries
Copy trading involving a funded account (either direction), third-party signals, and for-hire account management are prohibited. Hedging inside this single account is fine; mirrored positions across accounts or external brokers are banned.
Inactivity: 60 Days
Place at least one trade every 60 consecutive days or the account is automatically deactivated — no warning email, no extension. This kills more passed evaluations than any market move: traders pass, take a break, and return to revoked credentials.
Markets, Leverage & Platforms
Trade Forex · Indices · Commodities · Crypto. Leverage: 1:30 Forex / 1:10 Indices / 1:15 Commodities / 1:1 Crypto. Platforms: MetaTrader 4, MetaTrader 5, cTrader, Match-Trader.
SIMULATOR
Interactive Drawdown Simulator
Pre-configured for 200,000 • 3% daily, 6% max — adjust equity to test breach.
Account size
Live calculations
Daily floor
$194,000
Buffer $6,000
Max floor
$188,000
Buffer $12,000
Account is currently SAFE. You have $6,000 (3%) of buffer remaining above your nearest loss floor.
SIGNATURE VISUAL
Same trade, different fate — see why
This +1.8% win (+$3,600) followed by a -0.5% loss with an intraday dip is replayed against each program's real drawdown math.
Same Trade → Different Program → Different Outcome
One trade history, replayed against each program's real rules
Day 1 Win (+1.8%)
+$3,600
Day 2 Loss (-0.5%)
$-1,000
low $193,000
Day 3 Overnight (+0.3%)
+$600
low $198,000
FN Stellar 2-Step
Daily drawdown breach on Day 2 Loss (-0.5%)
5% daily • 10% max • static
$200,000 • final $205,200
- • Trade 2 (Day 2 Loss (-0.5%)): equity low $193,200 ≤ daily floor $196,840 (5%)
FN Stellar 1-Step
Daily drawdown breach on Day 2 Loss (-0.5%)
3% daily • 6% max • static
$200,000 • final $205,200
- • Trade 2 (Day 2 Loss (-0.5%)): equity low $193,200 ≤ daily floor $200,984 (3%)
FN Stellar Lite
Daily drawdown breach on Day 2 Loss (-0.5%)
4% daily • 8% max • static
$200,000 • final $205,200
- • Trade 2 (Day 2 Loss (-0.5%)): equity low $193,200 ≤ daily floor $198,912 (4%)
FN Stellar Instant
Daily drawdown breach on Day 2 Loss (-0.5%)
0% daily • 6% max • trailing balance
$2,000 • final $2,052
- • Trade 2 (Day 2 Loss (-0.5%)): equity low $1,932 ≤ daily floor $2,072 (0%)
This is the moat: traders finally understand “the problem is not your trade, it is how the program's rules interpret the trade.” Math is exact — equity vs balance, EOD vs intraday included.
THE RULES · 14 APPLY TO THIS STELLAR 1-STEP
Explain the Rules
Exact formulas, plain translations, and verified source citations — filtered to 14 of 18 firm rules that govern this program.
ACCOUNT FAQ
Frequently Asked Questions: FundedNext $200,000 Stellar 1-Step Rules
What are the FundedNext $200,000 Stellar 1-Step account rules?
The FundedNext $200,000 Stellar 1-Step ($200,000 nominal capital) enforces a 3% daily loss limit, a 6% static maximum drawdown, a 10% Phase 1 profit target, and 2 minimum trading days.
How is drawdown calculated on the FundedNext $200,000 Stellar 1-Step account?
Daily drawdown is 3% ($6,000) calculated via balance based. Maximum total loss is 6% ($12,000) enforced as static from the $200,000 starting balance.
What is the profit split and minimum trading days for FundedNext $200,000 Stellar 1-Step?
Traders receive a 80% base profit split (up to 95% with add-on) paid on a every 5 business days cycle, with 2 minimum trading days required per evaluation phase.