Here are the FundedNext amounts for both Consistency and Non-Consistency Accounts in the Express Challenge:
Consistency Account
Traders can start their journey with a $6,000, $15,000, $25,000, $50,000, $100,000, or $200,000 Challenge Account. Once they are eligible for a FundedNext Account, they receive the full amount of their Challenge Account capital on their FundedNext Account.
Express $6,000 Challenge Account = FundedNext Account $6,000
Express $15,000 Challenge Account = FundedNext Account $15,000
Express $25,000 Challenge Account = FundedNext Account $25,000
Express $50,000 Challenge Account = FundedNext Account $50,000
Express $100,000 Challenge Account = FundedNext Account $100,000
Express $200,000 Challenge Account = FundedNext Account $200,000
Non-Consistency Account
Traders can start their journey with a $6,000, $15,000, $25,000, $50,000, or $100,000 Challenge Account. Once they are eligible for a FundedNext Account, they receive 25% of their Challenge Account capital on their FundedNext Account. You can check the amount below:
Express $6,000 Challenge Account = FundedNext Account $1,500
Express $15,000 Challenge Account = FundedNext Account $3,750
Express $25,000 Challenge Account = FundedNext Account $6,250
Express $50,000 Challenge Account = FundedNext Account $12,500
Express $100,000 Challenge Account = FundedNext Account $25,000
Why is the FundedNext Account capital 25% of the Challenge Account capital in Non-Consistency Accounts?
Consistency is crucial for traders to improve their trading skills and steadily increase their profits on a weekly basis. This is why traders must adhere to the consistency rule in the consistency account, as it promotes discipline and regular progress.
However, some traders prefer more flexibility in their trading approach. For those traders, the non-consistency account is a better choice, as it allows for greater freedom in trading decisions.
The Non-Consistency account offers features that are not available in Consistency accounts. For example, holding trades over the weekend is a common trading strategy that can be implemented in non-consistency accounts, but not in consistency accounts. Thus enabling traders to execute their preferred trading strategies effectively.
To strike a balance between consistency and flexibility, there is a requirement of 25% of the initial amount in the non-consistency account. This ensures that traders maintain a certain level of commitment while enjoying the additional features and trading opportunities provided by the non-consistency account.