Trade crypto with funded capital
ExploreFundedNext is one of the largest and most established prop firms in the market, with a strong payout record, a high split ceiling, and aggressive scaling. But it is a forex-first, multi-asset firm, and for crypto traders that shows up in the details: the drawdown model and weekend rules vary by account type, and crypto sits on a rule architecture built for currency pairs. This article covers what FundedNext offers, where its setup can frustrate crypto traders, and the crypto-native alternative to consider.
Highlights of this article
- FundedNext is a strong multi-asset firm (founded 2022, up to 95% split, scaling to $4M reported), with no consistency rule and news trading allowed
- Its drawdown is static and weekend holding is allowed, but funded accounts only keep 40% of the profit from trades within 5 minutes of high-impact news
- EAs are limited to MT4/MT5 accounts under $50,000, for a fee, and the standard first payout comes after 21 days
- Crypto is a secondary product at FundedNext, on platforms (MT4, MT5, cTrader, Match-Trader) built for forex
- A crypto-native alternative gives you news trading without a funded-account profit cut, automation on any account size, and a platform calibrated for crypto
- Velotrade is built crypto-first with static drawdown, no consistency rule, and news and weekend trading included
What FundedNext Offers and Where It Stops
FundedNext launched in 2022 and has grown into one of the most recognised names in prop trading. It is genuinely strong on several fronts: a high headline profit split (up to 95%), reported scaling up to $4M, no consistency rule, and news trading allowed. For a multi-asset or forex trader, it is an easy firm to recommend.
The qualifier is that FundedNext is forex-first. It covers crypto, forex, indices, metals, and stocks, but crypto is a secondary product layered onto an evaluation built for currency pairs. That design choice surfaces in two rules that matter most to crypto traders: how the drawdown is calculated, and whether you can hold over the weekend.
Why FundedNext's Setup Can Frustrate Crypto Traders
FundedNext does not carry the obvious restrictions some forex-first firms do. Its Stellar challenges use a static maximum loss from the initial balance, it has no consistency rule, and it allows weekend holding on every account type. The friction for crypto traders is subtler, and it sits in a few places.
News Profit Is Cut on Funded Accounts
Crypto reacts hard to macro releases like CPI and FOMC. FundedNext allows news trading, but on a funded account its News Reward Share Rule applies: for trades opened or closed from 5 minutes before to 5 minutes after a high-impact release, only 40% of the profit counts toward your balance, while losses count in full. For an event-driven crypto trader, that is a real cost on exactly the trades that matter most. For how news rules vary across firms, see crypto prop firms that allow news trading.
Free calculator
How many losing trades before you breach?
See your drawdown floor, daily loss budget, and losing trade capacity for any account size - before you place a single trade.
Use the free drawdown calculatorAutomation Stops at $50,000
FundedNext allows EAs and bots only on MT4 and MT5, only on accounts below $50,000, and with an extra EA fee. cTrader and Match-Trader accounts are manual-only, and from $50,000 up every account must be traded by hand. For crypto traders who run bots around the clock, that caps the account size you can automate.
A Forex-First Platform Stack
FundedNext runs on MT4, MT5, cTrader, and Match-Trader, platforms built around forex sessions and currency-pair execution. They work for crypto CFDs, but the infrastructure and rule calibration were not designed for 24/7 crypto order flow.
What to Look for in a Crypto FundedNext Alternative
If you trade crypto and want to avoid model-by-model rule checking, look for a firm that is crypto-native by design rather than forex-first with crypto added:
1. A Static Drawdown on Every Plan
FundedNext already uses a static floor, and a good alternative should match it: the loss limit fixed from your starting balance so you always know where it sits.
2. Automation on Any Account Size
If you run bots, the alternative should allow them at every account size, without an extra fee or a manual-only threshold.
3. News Trading Without a Profit Cut
News trading should be allowed on funded accounts with no blackout window and no reduced profit share around high-impact releases.
4. No Consistency Rule
FundedNext has none, and the right alternative should also let you concentrate profit on your best days without a daily cap.
5. A Crypto-Native Platform and Rule Architecture
Every parameter, from daily loss limits to drawdown mechanics, should be calibrated for crypto volatility rather than inherited from a forex product.
Payout proof
Fast, real payouts. Traceable on Arbitrum.
- Paid within 24 hours of approval
- Settled on Arbitrum in USDC or USDT
- Look up any transaction on Arbiscan


Velotrade: The Crypto-Native FundedNext Alternative
Velotrade is a multi-asset prop firm built by a team with institutional backgrounds at Dresdner Kleinwort, JP Morgan, and Bank of America. It operates from Hong Kong and offers funded accounts up to $200,000, with a rule set built crypto-first on the DXtrade platform.
How Velotrade Compares to FundedNext
| Velotrade | FundedNext | |
|---|---|---|
| Founded / HQ | 2026 / Hong Kong | 2022 / UAE |
| Asset focus | Crypto-native (crypto-first design) | Forex-first, multi-asset (crypto secondary) |
| Markets | Crypto, forex, stocks, indices, commodities | Crypto, forex, indices, metals, stocks |
| Account sizes | $5,000 to $200,000 | $5,000 to $200,000 |
| Challenge model | 1-step and 2-step | 1-step and 2-step |
| Drawdown model | Static on every plan (floor fixed) | Static from initial balance |
| Consistency rule | None | None |
| News trading | Allowed | Allowed (funded: 40% of profit counts within 5 min of high-impact news) |
| Weekend holding | Allowed | Allowed |
| EAs / bots | Allowed on every account | MT4/MT5 under $50K only, for a fee |
| Profit split | Up to 90% from day 1 | Up to 95% |
| Scaling | Not offered | Up to $4M reported |
| Platform | DXtrade (crypto-calibrated) | MT4, MT5, cTrader, Match-Trader |
The honest read: FundedNext leads on a couple of headline numbers, a higher split ceiling (up to 95%) and larger scaling (up to $4M). Velotrade's advantage for crypto traders is fewer conditions on how you trade: full profit on funded-account news trades and automation on every account size.
Velotrade Challenge Pricing
| Account Size | 2-Step Challenge | 1-Step Challenge |
|---|---|---|
| $5,000 | $54 | $67 |
| $10,000 | $100 | $127 |
| $25,000 | $225 | $290 |
| $50,000 | $419 | $543 |
| $100,000 | $769 | $1,075 |
The CLASSIC 2-Step and 1-Step plans cap at $100,000. A $200,000 account is available on the PRO 1-Step plan only, priced at $1,114 base. All fees are one-time. No recurring billing.
The Drawdown Rules Side by Side
The mechanics of Velotrade's static drawdown are worth understanding before starting any evaluation.
The maximum drawdown floor is fixed from your starting balance and never moves, not intraday and not at the end of the day. On the Classic 2-Step it sits at 90% of your starting balance (a 10% max drawdown); on the Classic 1-Step at 93% (a 7% max drawdown); on the Pro 1-Step at 97% (a 3% max drawdown). Because the floor is static, a session that runs up significantly and then retraces leaves your drawdown room exactly where it started. You always know precisely where your limit sits.
Under a tick-by-tick model, that same session would have permanently tightened your floor at the intraday peak. You would enter the next session with less room than you closed with, even though your closing equity was the same. FundedNext's Stellar challenges also use a static floor, so on drawdown type the two firms match.
Why Crypto-Native Architecture Matters
The most common mistake traders make when moving to crypto is choosing a generalist firm with crypto added onto a forex product. Those firms carry forex-calibrated mechanics: drawdown models built for lower-volatility markets, weekend rules built around currency sessions, and platform infrastructure not designed for crypto order flow.
A crypto-native firm like Velotrade starts from different first principles. Every parameter in the evaluation, from the daily loss limits to the drawdown floor to the weekend and news permissions, is calibrated to how crypto actually behaves. FundedNext is an excellent firm for multi-asset and forex traders; for a trader focused on crypto who wants rule certainty across every plan, a crypto-native alternative is the better structural fit. For more, see why crypto-only prop firms give traders an edge.
Can I Run FundedNext and Velotrade at the Same Time?
Yes. Many traders run more than one funded account to diversify across firms and rule sets. There is nothing stopping you from holding a FundedNext account for multi-asset or forex trading and a Velotrade account for crypto, and using each where its rules fit best. Confirm each firm's policy on trading the same strategy across accounts, since copy trading across firms is often restricted.
For the deeper firm profiles, see the FundedNext review and FundedNext vs Velotrade. To see Velotrade alongside the rest of the market, see best crypto prop firms in 2026.
Frequently Asked Questions
About the author

Vittorio De Angelis
Executive Chairman
Former equity-derivatives trader at JP Morgan, Dresdner Kleinwort and Bank of America in London. Later Head of Brokerage at a global broker in Hong Kong.
View author page


