Jeremy Biberdorf
By: Jeremy Biberdorf
Sep 13, 2023

Next Step Funded Review 2024

Jeremy Biberdorf
By: Jeremy Biberdorf
Sep 13, 2023


Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Next Step Funded Logo


4.4 rating based on 5 ratings

Learn More

In a Nutshell: Transitioning from a novice to a professional trader is a journey filled with challenges, and one of the hurdles faced by traders is acquiring the right funding. Next Step Funded emerges as a beacon of hope in this scenario.

With a mission to support talented traders, the company has crafted a unique approach: pay once, pass their test, and step into the world of funded trading, keeping up to 80% of your profits.

A Platform Tailored for Success

Next Step Funded offers traders a clear path from their initial steps to trading success. The process, though seemingly simple, is carefully curated to ensure that only the best traders gain access to substantial funding.

The idea isn’t just about challenges – it’s about nurturing a community of skilled, experienced, and successful traders.

Flexibility at its Best

Being able to trade anytime and holding onto trades over the weekend offers flexibility, a crucial component for traders who employ varying strategies. With Next Step Funded, traders aren’t just boxed into a rigid set of rules; they’re given the wings to explore, innovate, and capitalize on their trading style.

Service TypeFees
Proprietary Trading FirmOne-time fee + Profit split
  • Tailored challenges: Traders can select and purchase the challenge best aligned with their goals.
  • Simple, straightforward process: A one or two-step challenge followed by identity verification, leading traders swiftly to the trading phase.
  • Attractive profit split: Keep up to 80% of your profits, a competitive rate in the prop trading industry.
  • Flexibility: Trade anytime and have the freedom to hold trades over the weekend.
  • Supportive trading community: Engage with a community of skilled traders and share experiences.
  • Evaluation phase: Some traders might find the one or two-step challenge rigorous.
  • Identity verification: The KYC process might be tedious for some.
  • Risk management: Traders need to be mindful of the platform's trading rules to avoid account closure.

Who is Next Step Funded For?

Rookie Traders and Professionals Alike

While Next Step Funded certainly poses an attractive offer for rookie traders eager to get a foot in the door, it’s not just for the novices. Even experienced traders, those who are adept with their trading skills, can find value. With varied challenges tailored to different skill levels, the platform accommodates both the budding talent and the seasoned experts.

Diverse Trading Styles Welcome

Whether you’re inclined towards forex trading or have a different trading style altogether, Next Step Funded doesn’t box you into a specific category. Its flexibility ensures that diverse trading strategies are not only allowed but encouraged. It’s a platform for traders, by traders.

Risk Management Enthusiasts

The prop trading industry is not for the faint-hearted. While the profit potential is immense, so are the stakes. Next Step Funded is particularly suited for traders who prioritize risk management. By setting clear trading requirements and maintaining transparency, it encourages traders to hone their risk management strategies.

How Does Next Step Funded Work? website

The Challenge Phase

The journey with Next Step Funded begins with a challenge. But fear not, for this challenge is tailored to your interests and goals. From “One-Step Challenge” to more extensive evaluations, traders can select what suits them best. This evaluation phase, while demanding, ensures that only dedicated traders make the cut.

Verification: More than Just a Formality

Once the challenge is conquered, traders move to the Next Step Verification. This isn’t just a formality; it’s an essential step that verifies the trader’s identity (through KYC) and lays the foundation of trust.

Embarking on the Trading Journey

After the two preliminary steps, traders are ushered into the world of real capital trading. As a Next Step Trader, not only do you get access to funding, but you also become part of an elite group. Abiding by the platform’s rules, traders can now aim for consistent, profitable trades.

Features of Next Step Funded

Unique Funding Models

Next Step Funded offers instant funding programs, but what makes them stand out is their evaluation model. By setting realistic trading objectives and a straightforward set of rules, they ensure that only the most dedicated get through.

Customer-Centric Approach

Beyond the trading opportunities, what stands out is their robust customer support team. Be it queries about the evaluation process or clarifications about trading requirements, their team is always on standby.

Community Engagement

It’s not just about trading. Next Step Funded believes in nurturing a vibrant trading community. Traders get to interact, share their trading experiences, and learn from their peers, making it a holistic learning and earning platform.

What Sets Next Step Funded Apart from Other Prop Firms?

In the vast sea of proprietary trading firms, choosing one that aligns with your trading aspirations can be daunting. But every once in a while, a firm emerges that stands out, not just because of its offerings but its commitment to trader growth. Next Step Funded is one such platform. Let’s delve deeper into what makes it distinct from other prop trading companies.

Emphasis on Trading Education and Growth

While many firms open their doors to skilled traders, few invest in their continuous growth. Next Step Funded is dedicated to not just finding talented traders but nurturing them.

  • Training Programs: Whether you’re a rookie trader looking to sharpen your trading skills or an elite trader aiming to refine your strategy, there are training programs tailored for all.
  • Evaluation Programs: Through its evaluation programs, Next Step Funded offers a constructive feedback loop, helping traders identify and rectify their weaknesses.
  • Engaging Trading Community: By fostering a vibrant trading community, they ensure that traders don’t just learn from their training modules but from their peers, gaining insights into diverse trading styles and strategies.

Transparent and Straightforward Trading Rules

One of the main hurdles traders face with many forex prop firms is the ambiguity in trading rules. With Next Step Funded, traders are greeted with simple and straightforward trading rules, ensuring they spend less time deciphering guidelines and more time focusing on their trading strategy.

Final Thoughts

After an in-depth exploration of Next Step Funded, it’s evident that this platform offers more than just funding opportunities; it offers a path to trader growth. Awarding it a 4.4 out of 5 rating wasn’t a decision taken lightly. This score is a testament to its commitment to transparent operations, its unique emphasis on trader education, and its overall vision of nurturing a community of consistent, profitable traders.

The minor deductions from a perfect score arise from areas where the platform, like all others, has room for growth. Every platform has its nuances, and while Next Step Funded scores high in many aspects, there’s always room for enhancements, be it in user experience or the breadth of their training content.

In conclusion, whether you’re embarking on your trading journey or are a seasoned trader seeking a prop firm that values your skills and strives for your growth, Next Step Funded is certainly worth consideration — click here to get set up. As always, the best way to know if it’s the right fit is to explore it firsthand and assess if it aligns with your trading goals.

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.