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Next Step Funded Review 2025

Next Step Funded Review 2025
Company:

Next Step Funded

Founded:2023
Headquarter:Australia
Min Price:$79
Max Fund:$300,000
Challenges:3
Holding positions over the weekendNews tradingHigh-frequency trading

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

About
Next Step funded Flash, Standard, and HFT challenges allow Forex traders to test their skills and receive up to $400,000 in capital. This prop firm has paid out over $5 million since to its partners since 2022.
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
Diverse funding options starting from $7,500 up to $300,000
24/7 trading with weekend position holding allowed
Variety of funding evaluations
Cons
High number of negative reviews on Trustpilot
Very strict trading rules with a 10% profit target and 5% maximum drawdown
Concerns about safety and legitimacy due to negative feedback
score of blog
5 From 5.0
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The website nextstepfunded.com is currently down (24/5/2025). As indicated by the "Connection timed out (Error code 522)" message in the image, the browser and Cloudflare are functioning properly, but the website's host server is not responding.

Next Step Funded Website 522 Error
Next Step Funded prop firm website is down, showing the 522 error

Next Step Funded is an Australian prop trading firm with four 1-step and 2-step challenges. These evaluations allow traders to receive funded accounts with sizes ranging from $7.5k to $400k and prices ranging from $28 to $2,150.

Next Step Funded review
Complete review of Next Step Funded pros, cons, and offerings

Next Step Funded Prop Firm Company Information Overview

Next Step Funded (Prop Solutions FZE-LLC) is a prop trading firm that empowers traders by providing access to significant capital, allowing them to unleash their full potential in the forex prop trading market.

Here's what you need to know about Next Step Funded:

  • Founded by a team of seasoned professionals with extensive backgrounds in trading and management
  • Global presence with operations spanning multiple continents
  • Offers funding challenges and account options ranging from $7,500 to $300,000
  • Challenge prices ranging from $71 up to $2150

Next Step Funded Specifications

Let's break down the key specifications of Next Step Funded prop firm:

Account currency

N/A

Minimum price

$71

Maximum leverage

1:100

Maximum profit split

90%

Instruments

Forex, indices, commodities, metals, stocks

Assets

USD/JPY, FTSE 100, Gold, oil

Evaluation steps

2

Trading platform

MT5

Withdrawal methods

Rise

Maximum fund size

$400,000

First profit target

10%

Maximum daily loss

5%

Challenge time limit

Unlimited

News trading

Yes

Maximum total drawdown

12%

Commission per round lot

N/A

Trust pilot score

3.0/5

Payout frequency

weekly

Established country

Australia

Established year

N/A

Next Step Funded Pros & Cons

Before diving in, it's crucial to weigh the advantages and disadvantages of Next Step Funded:

Advantages

Disadvantages

Diverse funding options starting from $7,500 up to $300,000

High number of negative reviews on Trustpilot

24/7 trading with weekend position holding allowed

Very strict trading rules with a 10% profit target and 5% daily drawdown

Variety of funding evaluations

Concerns about safety and legitimacy due to negative feedback

While the funding options appear attractive, traders should carefully consider the strict rules and high challenge fees before proceeding.

Funding Options & Prices on the Next Step Funded

Next Step Funded offers traders two types of standard challenges to access funded accounts: A one-step challenge and a more rigorous two-step challenge. Each challenge type supports a range of account sizes, from $15,000 to $200,000.

The prop firm also features two other account types, including Flash and HFT, with the following prices:

NSF Flash Evaluation

Funding size

$25k

$50k

Evaluation price

$28

$62

NSF Standard Evaluation 1-Step

Funding size

$15k

$25k

$50k

$100k

$200k

Evaluation price

$125

$179

$359

$602

$1,205

NSF Standard Evaluation 2-Step

Funding size

$15k

$25k

$50k

$100k

$200k

Evaluation price

$98

$152

$305

$503

$998

NSF HFT Evaluation

Funding size

$7.5k

$15k

$25k

$50k

$100k

$300k

Evaluation price

$71

$140

$220

$440

$890

$2150

While the funding options appear attractive, traders should carefully consider the strict rules and high challenge fees before proceeding.

Next Step Funded allows traders to scale their access to capital up to a total of $600,000.

Although individual challenges range up to $300,000 in funding per account, traders can hold multiple funded accounts as long as the combined total does not exceed the firm’s maximum allocation cap.

Next Step Funded Registration and Verification Process

The registration and verification process at Next Step Funded involves several steps:

#1 NSF Official Website

Navigate to the prop firm's official website, choose a funding program, and click "Complete Order".

#2 Next Step Funded Billing Form

Enter your personal details in the checkout form and complete the payment process. Required details for the NSF billing form:

  • First & last name
  • Country / Region
  • Street address
  • Town / City
  • State / Country
  • Payment method (Crypto or Cards)

After filling out the billing form, agree to the company's terms and conditions.

Next Step Funded checkout
Enter your personal information to complete your purchase on Next Step Funded

#3 Next Step Funded Verification

Upon reaching the profit target without violating account rules and before proceeding to a live account, complete the Know Your Customer (KYC) verification process (ID and address verification).

Next Step Funded Prop Firm Evaluation Plans

Next Step Funded's evaluation process consists of multiple options:

Standard Evaluation

This evaluation plan has no time limits and is suitable for most traders. It is offered in one-step and two-step evaluation stages

Standard Evaluation 1-step:

Account Size

$15k

$25k

$50k

$100k

$200k

Maximum daily drawdown

4%

Maximum overall drawdown

8%

Profit target

10%

Maximum trading days

Unlimited

Challenge fee

$125

$179

$359

$602

$1,205

This challenge is convenient for both experienced and beginner traders.

Next Step Funded Standard 1-step evaluation
Next Step Funded Standard 1-step evaluation rules and conditions

Standard Evaluation 2-step:

Account Size

$15k

$25k

$50k

$100k

$200k

Maximum daily drawdown

5%

Maximum overall drawdown

10%

Profit target phase 1

8%

Profit target phase 2

5%

Maximum trading days

Unlimited

Challenge fee

$98

$152

$305

$503

$998

Traders who prefer a gradual approach toward becoming funded can benefit from this evaluation plan.

Next Step Funded Standard 2-step evaluation
Next Step Funded Standard 2-step evaluation rules and conditions

Flash Evaluation

Account Size

$25k

50K

Maximum daily drawdown

5%

Maximum overall drawdown

5%

Profit target

10%

Maximum trading days

1

Challenge fee

$28

62$

This program is designed for traders who want to get funded as soon as possible.

Next Step Funded Flash evaluation
Next Step Funded Flash evaluation trading rules

HFT Evaluation

Account Size

$7.5k

$15k

$25k

$50k

$100k

$300k

Maximum daily drawdown

5%

Maximum overall drawdown

12%

Profit target

10%

Maximum trading days

Unlimited

Challenge fee

$71

$140

$220

$440

$890

$2150

This challenge type is tailored for high-frequency traders.

Next Step Funded HFT evaluation
Next Step Funded HFT evaluation rules

NSF Profit Sharing

Next Step Funded offers competitive profit-sharing terms that improve over time. Funded traders begin with a standard 60/40 split in their favor during the first payout cycle.

With consistent performance, the share increases to 80/20 and can go as high as 90/10 in the trader's favor. This model rewards reliability and profitability, making long-term collaboration more attractive.

Bonuses and Discounts in Next Step Funded Prop

Next Step Funded occasionally offers discount codes so new traders can buy challenges at a discount. Unfortunately, this prop firm doesn’t have any active bonuses.

Next Step Funded currently offers an affiliate program for traders to invite their friends to this platform and earn up to 12.5% commission on their purchases. This program is particularly attractive for traders with a high following on the social media accounts.

Next Step Funded affiliate program
Next Step Funded has a tiered commission structure

Next Step Funded Prop Trading Platform

Next Step Funded utilizes the popular MetaTrader 5 (MT5) platform, provided through their partnership with Eightcap. This offers traders:

  • A familiar and professional trading interface
  • Advanced charting and analysis tools
  • Access to a wide range of tradable assets
  • Customizable layouts and indicators
  • Algorithmic trading capabilities

NSF trading platform download links:

The use of MT5 ensures that traders have access to a robust and widely used platform, potentially easing the transition for those already familiar with MetaTrader products.

TradingFinder has developed a wide range of MT5 indicators that you can use for free.

Tradable Symbols in Next Step Funded

Next Step Funded offers a diverse range of tradable instruments, including:

  • Forex: Major, minor, and exotic currency pairs
  • Indices: US and Australian indices
  • Oil: Brent and WTI
  • Stocks: Select international equities
  • Metals: Gold, silver, copper, and more

This wide selection allows traders to diversify their strategies and take advantage of various market conditions.

Next Step Funded Payment and Withdrawal Methods

Next Step Funded provides several options for traders to pay challenge fees and withdraw their earnings:

Payment methods:

  • Credit/Debit cards
  • Cryptocurrencies

Payout methods:

  • Bank wire transfers

The lack of various payout options is one of the major drawbacks of the Next Step Funded prop firm.

Next Step Funded Prop Commission and Costs

Unfortunately, Next Step Funded doesn’t provide any information regarding spread or commission costs of trading on this platform. This is a major drawback for users since it effects their profitability.  Traders should consider this before purchasing a challenge from Next Step Funded.

Next Step Funded Educational Resources Review

Next Step Funded lacks educational materials about Forex trading tips and tricks, technical or fundamental analysis, and MetaTrader 5 instruction and guidance. Beginner traders could checkout other prop firms such as FTMO and Funded Next for educational resources.

Next Step Funded Prop Trust Scores and User Reviews

The Next Step Funded Trustpilot profile's score paints a concerning picture:

  • Overall score: 3.0 out of 5 stars (based on over 940 reviews)
  • 1-star ratings: Approximately 50%
Next Step Funded Trustpilot score
Next Step Funded has gained 3.0 stars on the Trustpilot, which is a major concern

The company actively responds to negative reviews, indicating an effort to address customer concerns. However, the high proportion of negative reviews raises significant red flags that potential traders should carefully consider.

Next Step Funded Support Methods

Next Step Funded claims to offer 24/7 customer support through:

  • Email: support@nextstepfunded.com
  • Live chat: available on the website

However, user reviews suggest mixed experiences with their support team. While some praise the responsiveness, others report significant delays or lack of resolution to their issues. The inconsistency in support quality appears to be a point of frustration for many traders.

Next Step Funded claims to answer traders' inquiries through Discord as well, but this seems not true since you can’t find their Discord chat by searching on the web.

Next Step Funded Prop Firm Socials

Next Step Funded maintains a presence on several social media platforms:

  • YouTube
  • Instagram
  • Twitter

Traders can use these social media channels to stay informed about Next Step Funded's offerings and connect with other traders.

TF Expert Suggestion

Next Step Funded account rules, including the 10% profit target, 5% daily, and 12% maximum drawdowns, ensure that only traders with solid trading strategies can pass their challenges.

Before joining this platform, potential traders should consider Next Step Funded’s 3.0/5 Trustpilot score from over 940 reviews.

FAQs

Is Next Step Funded legit?

While registered as a company, the high number of negative reviews raises concerns about legitimacy.

What's the minimum challenge price for Next Step Funded?

Challenge fees start from $71 for the smallest account size of $7,500.

What trading platform does Next Step Funded use?

Next Step Funded utilizes the MetaTrader 5 (MT5) platform, provided through their partnership with Eightcap.

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