TL;DR: FundedNext hosts a free monthly trading competition where each participant trades with a simulated $100K trading account and has one month to trade. You must grow your account, manage risk smartly, and follow the rules to win. The trader with the highest net profit, while strictly following all rules, is declared the winner. Top winners receive cash prizes and Stellar Instant Accounts. The competition starts every month on the first trading day.
What is the Monthly Competition at FundedNext?
The FundedNext Monthly Trading Competition is a global challenge where thousands of traders compete for cash rewards and Stellar Instant Accounts completely free of charge. Each trader is given a $100,000 simulated Competition Account to trade for one month.
The competition starts on the first trading day of every month.
Traders must try to grow their equity as much as possible without breaching any rules.
The top-performing traders win based on account growth percentage, not lot size or trading volume.
What are the Prizes for FundedNext’s Monthly Trading Competition?
Prizes are given based on your final ranking. Check out the full reward breakdown:
Rules for Winning: What You MUST Follow to Win the FundedNext Monthly Competition
Just growing your account is not enough. You must follow all FundedNext Trading Competition rules. That includes:
Daily Loss Limit: Don’t exceed the max Daily Loss Limit.
Maximum Loss Limit: Maintain account equity above the limit.
No prohibited strategies like high-frequency bots or copy trading.
No breaching. Even a single violation disqualifies your ranking.
Even if you grow your account by 80%, you won’t win if you break the rules.
How to Win the Competition: Strategy + Mindset
Here’s what the top 1% of winners do differently:
1. Think in Terms of RRR (Risk-to-Reward Ratio)
Don’t just chase high-probability setups. Focus on quality.
Maintain a strong risk-to-reward ratio on each trade
Avoid overleveraging or using all margin
Hold onto profitable trades when they’re going well, and close losing trades early to avoid bigger losses
2. Start Slow, Finish Strong
Top traders don’t rush. They stay stable early in the month and push once they’re green.
Focus on building and testing your strategy in the initial days
Scale gradually once your trades show consistent performance
Stay cautious during high-impact news events and shifting market conditions
3. Control Emotions
Avoid making trades out of anger, greed, or FOMO.
Don’t try to “catch up” with risky trades
Use trading journals to reflect
Take breaks if needed. Overtrading ruins accounts
Final Tips for Dominating the Leaderboard
Use tight stop-losses and let profits run
Track every trade and learn from mistakes
Watch the leaderboard, but don’t let it control your mindset
Be patient. Many traders blow up by rushing
Follow every rule. It’s the only way to qualify
Ready to Compete?
If you want to prove your trading skills, get free Challenge Accounts, and possibly win thousands in cash without spending a single dime, this is your shot.