TL;DR: Yes, FundedNext allows the use of Expert Advisors (EAs), indicators, and trading bots on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. However, there are important rules you must follow to avoid getting flagged for rule breaches, including customization of your EA, strategy uniqueness, and allocation limits. Please note that FundedNext does not allow the use of EAs or automated trading on the cTrader platform.
At FundedNext, traders are welcome to use third-party Expert Advisors (EAs) and trading bots on the MetaTrader 4 and MetaTrader 5 platforms. However, please note that EA and bot trading are not supported on cTrader, and Match-Trader does not support any EA trading by default.
To ensure a fair and transparent trading environment, we have specific guidelines for using EAs and trading bots:
Traders are required to customize their EA or bot settings to align with their unique trading styles.
Each EA or bot is required to employ a distinct strategy, avoiding identical trades across any accounts within FundedNext.
There is a maximum allocation limit of $300,000 for each EA or trading bot's strategy.
If any of these guidelines are not followed, it may result in a soft breach, requiring the trader to restart their current phase. Multiple soft breaches may lead to potential suspension and reward denial.
EA rules for cTrader users:
FundedNext operates exclusively on the cTrader platform for our clients from the USA.
The cTrader platform is built primarily for manual trading. It offers an intuitive design, advanced charting tools, and a clean workspace that helps traders execute strategies efficiently.
Built for Manual Trading
The cTrader platform is specifically designed to provide a superior manual trading experience. With its intuitive layout, advanced charting tools, and transparent order execution, it offers a clean and efficient workspace ideal for traders who prefer technical analysis and direct market interaction.
Automation Alternatives
While cTrader Automate (cAlgo) allows algorithmic strategies using C#, FundedNext currently does not permit automated or algorithmic trading of any kind. All trades must be executed manually to maintain fairness and consistency across all traders.
We are looking for profitable traders and their profitable strategies, and our goal is to support and empower traders who bring innovation and success to the trading environment.