FundedNext organized a free trading competition for traders who wanted to participate in a demo trading environment. Participants received a virtual trading account and competed based on their trading performance during the competition period.
The competition offered a total prize pool of more than $8,000 in cash, along with Stellar Instant Accounts and other challenge account rewards.
Competition Details
Competition Name: FundedNext Free Trading Competition
Competition Period: Nov 1, 2026 to Nov 14, 2026
Starting Demo Balance: $100,000
Participation: Free
Trading Platform: MetaTrader 5
Each participant received a demo account with a $100,000 virtual balance. Trading started on the official competition date, while participants could follow their performance and position through the FundedNext leaderboard.
How the Competition Worked
Participants created an account and joined the competition through their FundedNext dashboard. After joining, they received their demo trading account with the virtual balance.
Traders competed according to their trading performance during the competition period. The leaderboard displayed participant rankings throughout the event.
Trading Rules
The competition had specific risk management and trading conditions that participants needed to follow.
The maximum daily loss was 5 percent, while the maximum overall loss was 10 percent.
Participants could hold a maximum of five positions on forex pairs. For indices, metals, and commodities, the maximum number of positions was three.
A minimum of five trading days was required during the competition.
News trading was allowed, and participants could keep positions open overnight and over the weekend.
Competition accounts were swap-free.
Each participant was limited to one competition account and one IP address.
Drawdown was calculated based on the account balance.
Prize Distribution
The top three participants received cash prizes along with Stellar Instant 20K Accounts.
First place received $5,000 in cash and a Stellar Instant 20K Account.
Second place received $2,000 in cash and a Stellar Instant 20K Account.
Third place received $1,000 in cash and a Stellar Instant 20K Account.
Participants ranked from fourth to tenth received Stellar Instant 20K Accounts.
Participants ranked from eleventh to twentieth received Stellar Instant 10K Accounts.
Participants ranked from twenty-first to fiftieth received Stellar Instant 5K Accounts.
Participants ranked from fifty-first to one hundredth received Stellar Instant 2K Accounts.
Participants ranked from one hundred first to six hundredth were entered into a lottery, with 50 participants receiving a Stellar Instant 2K Challenge Account.
The FundedNext free trading competition used virtual funds, so participants did not need to use their own trading capital for the competition. All participants were required to follow the stated trading rules and account conditions throughout the event.
Forex and CFD trading involves a risk of loss. This article is provided for informational purposes only and does not constitute financial or investment advice.
