What is NLFs $1,000 Payout Guarantee?
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If you don’t get paid out 12 hours from being approved for withdrawal. NLF will add a $1,000 Bonus to your Payout!
How does the BOGO offer work?
👉 You get 50% OFF + Buy 1, Get 1 Free on any account above $25K when you use the code BOGO50.
Here’s how it works in simple terms:
• You purchase one account (for example, a $50K or $100K challenge).
• You get 50% off the price of that account at checkout when using the code BOGO50.
• After your purchase , trade and receive your first payout , the firm will add or issue a second account of the same size for free (the “Get 1 Free” part).
✅ Example:
Let’s say a $50K account normally costs $400.
• 50% off means you pay $200.
• Then, you’ll also receive an additional $50K account free, so you end up with two $50K accounts for $200 total.
Here’s how it works in simple terms:
• You purchase one account (for example, a $50K or $100K challenge).
• You get 50% off the price of that account at checkout when using the code BOGO50.
• After your purchase , trade and receive your first payout , the firm will add or issue a second account of the same size for free (the “Get 1 Free” part).
✅ Example:
Let’s say a $50K account normally costs $400.
• 50% off means you pay $200.
• Then, you’ll also receive an additional $50K account free, so you end up with two $50K accounts for $200 total.
What is Next Level Funded?
Next Level Funded is a leading proprietary trading firm that combines live markets with simulated capital, offering traders worldwide, the opportunity to demonstrate their skills in a real trading environment. By successfully passing a Challenge Account, traders gain access to funded accounts and can keep up to 100% of the profits they generate, allowing them to trade with confidence and maximize their potential.
Why Should I become an NLF Trader?
Next Level Funded is based around the ideals that once the hard work has been put in, the hours on the charts, the failed trading strategies & then finally - Profitability!!
The only thing holding back a profitable trader is capital, hence the name "Next Level" - we built this platform to turn aspiring traders with the dream of making this a career, to a reality.
At it's core, Prop Firm's lose there money from the Success of Trader's & there skills. We don't see it that way. As long as there is money in our account, if a pay-out is requested you will be paid. We are here for the long run and want to see as many trader's as possible chase there dreams and make this there living.
What is Simulated Trading?
Simulated trading provides traders with the opportunity to engage in live market conditions in real time after successfully passing the evaluation stages. This allows them to apply their trading strategies in a dynamic environment while maintaining the structure and discipline required for professional trading.
Although the trading capital is in simulated form, all profits generated are treated as real, with traders entitled to withdraw up to 100% of their earnings. This model ensures that traders are rewarded for their performance while managing risk effectively, creating a structured pathway for them to develop their skills and grow as professionals in the trading industry.
Do You Allow Scaling?
To successfully scale your trading account, you will need to adhere to the following criteria:
1. Achieve a consistent monthly profit: You are required to generate a 10% profit over a 4-month period, with a minimum target of 2.5% profit per month.
2. Monthly withdrawals: It is essential that you make at least one withdrawal each month during this scaling period.
3. Account Growth: Upon meeting these performance requirements, your account balance will be increased by 25%.
4. Ongoing Scaling: This scaling process is designed to be repeated over subsequent cycles, enabling your account to grow progressively until you reach a total balance of $1,000,000.
As you scale your account, your maximum withdrawal cap will also increase. However, please note that the withdrawal limit per cycle will remain consistent.
By following these guidelines, you can effectively scale your account while ensuring ongoing growth and consistent performance.
What is Next Level Fundeds profit split?
At Next Level Funded, we are committed to providing traders with a fair and rewarding trading experience. Our profit-sharing model ensures that traders receive a competitive and transparent payout structure, allowing them to maximize their earnings.
Current Profit Split Structure
All withdrawals from Normal 1, 2 & 3 Step Funded Accounts, regardless of account size, are subject to an 80% profit split in favour of the trader as a basic rule. This means that traders retain the majority of their profits, enabling them to grow their accounts while benefiting from our capital.
We do offer 90% Profit Split on All 1, 2, 3 Step Accounts as an Add-On Feature, to further that we also offer 100% Profit Splits on all basic Accounts up to $50,000.
For Instant Funding Accounts, the Profit Split is 75% in favour to the Trader. This means the traders retain the majority of their profits, enabling them to grow their accounts while benefiting from our capital.
Next Level Funded's Restricted Countries
Here is a list of Countries Restricted to trade with Next Level Funded, they will not be able to request pay-outs from us.
- Afghanistan (AF)
- Central African Republic (CAF)
- Congo (Brazzaville) (CG)
- Cuba (CU)
- Guinea (GN)
- Haiti (HT)
- Iraq (IQ)
- Libya (LY)
- Mali (ML)
- Myanmar (Burma) (MM)
- North Korea (KP)
- Russian Federation (RU)
- Somalia
- South Sudan
- Sudan (SD)
- Syria (SY)
- Ukraine (UA)*
- Venezuela (VE)
- Yemen (YE)
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U.S. States & Territories Not Serviced
We are temporarily unable to offer our services in the following U.S. locations:
- Minnesota
- South Carolina
- Guam
- Puerto Rico
- U.S. Virgin Islands
Do We Support Traders in the US?
Yes! We can proudly say we now offer our Services to Traders in the US. It doesn’t matter the account, nor the size - If you are based in the US you are now eligible to trade with us!
How does the $10k for $10 Account Work?
The $10k for $10 Account is a 1-Time Purchase, Instant Funding Account that Allows our Traders to Start Trading with NLF for little to no Capital.
The Account is setup as an Instant Funding Account so there is no Evaluations Stages, or Account Resets.
The Account is setup as an Instant Funding Account so there is no Evaluations Stages, or Account Resets.
What is the Profit Cap for the $10k for $10 Instant Funding?
Traders cannot withdraw more than 2.5% of their Profit at 1 Time.
What is NLFs 2-Minute duration rule for the $10k for $10 Instant Funding Account?
All trades must be held for a minimum of 2 minutes. Any trade closed before 2 minutes will be considered a violation of Next Level Fundeds rules.
How does the Consistency Rule Apply to NLF Special Accounts?
To give clarity on what NLF deems as special accounts it is as follows:
$5k for $5
$10k For $10
$20k for $20
$25k for $25
$50k for $50
$10k For $10
$20k for $20
$25k for $25
$50k for $50
$20k for $10
$50k for $25
$30k for $15
$50k for $25
$30k for $15
To find out more about our Consistency rule to understand how it actually works, please read the information in the "What is the Consistency Rule for Instant Funding?" - As the premise remains the same, regardless of Instant Funding or Special Accounts.
In terms of Special Accounts, the Consistency Rule is applied to both the Evaluation Stage, as well as the Funded Stage.
Traders must meet the required consistency percentage through the entirety of the challenge in order to be eligible for passing & payouts.
In terms of Special Accounts, the Consistency Rule is applied to both the Evaluation Stage, as well as the Funded Stage.
Traders must meet the required consistency percentage through the entirety of the challenge in order to be eligible for passing & payouts.
How does NLFs BOGO work?
At NLF our BOGO is simple... Prove you are profitable & get your Bonus Account for Free!
All you need to do is make one payout on your Account that you used code BOGO on and you will receive your bonus account.
How to get your Bonus Account?
Simple - Open a ticket in your discord with your Name, Email & Account number and as long as you used code BOGO & made 1 Payout, NLF will send you your Bonus Account details in 24-Hours!
Simple - Open a ticket in your discord with your Name, Email & Account number and as long as you used code BOGO & made 1 Payout, NLF will send you your Bonus Account details in 24-Hours!
Instant Pro Account Rules (Updated Summary)
1. Weekend Holding
Weekend holding is not allowed by default.
You can only hold trades over the weekend if you purchase the Weekend Add-on.
2. Consistency Rule
There is no consistency rule for Instant Pro accounts.
3. Highest Loss vs Highest Profit Rule
Your biggest loss must not exceed your biggest profit. If this were to occur, the Trader will be subject to an Account reset, if the Loss were to excessively outweigh the Highest Profit generated, the Account Status may be further penalised.
Weekend holding is not allowed by default.
You can only hold trades over the weekend if you purchase the Weekend Add-on.
2. Consistency Rule
There is no consistency rule for Instant Pro accounts.
3. Highest Loss vs Highest Profit Rule
Your biggest loss must not exceed your biggest profit. If this were to occur, the Trader will be subject to an Account reset, if the Loss were to excessively outweigh the Highest Profit generated, the Account Status may be further penalised.
How does BOGO50 work for Instant Pro Accounts?
With NLFs buy 1 get 1 free offer, all standard evaluations will receive their Free account upon reaching 1st Payout.
For Instant Pro Accounts, users will receive their free Account upon receiving their second Payout!
For Instant Pro Accounts, users will receive their free Account upon receiving their second Payout!
Is the Instant Pro Model Subscription Based?
Yes, on the Instant Pro $25k, $50k & $100k Option. The Account Fee is paid monthly to continue it’s Active Status.
How much can I risk per Trade on the Instant Pro Model?
Traders cannot risk more than 1.5% of the Total Account Balance on a Single Trade.
If a Trade incurs a Loss of more than 1.5% the Account the Profit Split will be reduced to 50%
If a Trade incurs a Loss of more than 1.5% the Account the Profit Split will be reduced to 50%
What is the 2 Minute Trade Duration for Instant Pro Models?
All trades must be held for a minimum of 2 minutes. Any trade closed before 2 minutes will be considered a violation of Next Level Fundeds rules.
How does the On-Demand Payouts Work?
If the Trader meets all requirements of their Trading Account & achieves a Profit of 4% or more, they are able to withdraw at Their choice.
What is the Profit Caps on Instant Pro Accounts?
First withdrawal is Capped at 4%, Second Withdrawal is Capped at 6%, 3rd Withdrawal & onwards the Cap is lifted to the Traditional NLF Withdrawal Model.
How to Get Started
Once you’ve gone through our trading rules, head over to the Home Page and choose the account size, challenge type, and platform that suits you best.
You can pay using a credit card or crypto (select either option at checkout). If paying with crypto, make sure to copy the exact coin amount shown, not the USD value.
You can pay using a credit card or crypto (select either option at checkout). If paying with crypto, make sure to copy the exact coin amount shown, not the USD value.
What Trading Platform do we use?
Next Level Funded offers Different Trading Platforms to leave the choice of Platform in our Traders hands.
- MT5
- Match-Trader
Why these two, in our Opinion:
Match Trader is an amazing platform for PC or Laptop users, with easy functionality and a clean dashboard
MT5 on the other hand has been many Traders go to for the phone compatibility, making it easy to quickly get in and out of trades straight from the palm of your hand.
2 Platforms - the choice is yours!
- MT5
- Match-Trader
Why these two, in our Opinion:
Match Trader is an amazing platform for PC or Laptop users, with easy functionality and a clean dashboard
MT5 on the other hand has been many Traders go to for the phone compatibility, making it easy to quickly get in and out of trades straight from the palm of your hand.
2 Platforms - the choice is yours!
How Many Accounts Can I Have?
You can have up to $400,000 (8 x Funded $50k Accounts at once / 4 x Funded $100k Accounts at Once) in starting capital on funded, but you are entitled to scale the accounts to $1,000,000.
What are the profit targets?
Step Challenge:
1-Step: 10%
2-Step: 8% / 6%
3-Step: 8% / 5% / 5%
2-Step: 8% / 6%
3-Step: 8% / 5% / 5%
Types of Drawdown
Static Drawdown – The drawdown limit stays the same and doesn’t change.
Trailing Drawdown – The drawdown resets daily at 00:00 UTC based on the highest equity or balance at that time.
Static Drawdown – The drawdown resets at the daily rollover based on your balance only (not equity).
📌 Example:
📌 Example:
You have a $1,000 account and leave a trade running overnight. Your equity is $1,100, but your balance is $1,000. Your max daily drawdown is 4% of $1,000 ($40).
Trailing Drawdown – The drawdown moves up as your account’s highest equity point increases.
📌 Example:
📌 Example:
You start with $1,000 equity and a 3% trailing drawdown, meaning your initial max drawdown is $30. If your equity grows to $1,100, your new max drawdown is 3% of $1,100 ($33). If your account drops below $1,067, it would be a breach.
Let me know if you want any changes!
Let me know if you want any changes!
Drawdown Limits
One-Step Challenge
Max Drawdown: 6% (Trailing) – Moves with your highest equity point.
Daily Drawdown: 3% – Based on the highest equity or balance at 00:00 UTC.
Daily Drawdown: 3% – Based on the highest equity or balance at 00:00 UTC.
Two-Step Challenge
Max Drawdown: 8% (Static) – This limit doesn’t change.
Daily Drawdown: 4% – Based on the highest equity or balance at 00:00 UTC.
Daily Drawdown: 4% – Based on the highest equity or balance at 00:00 UTC.
Three-Step Challenge
Max Drawdown: 8% (Static) – This limit stays fixed.
Daily Drawdown: 4% – Based on the highest equity or balance at 00:00 UTC.
Daily Drawdown: 4% – Based on the highest equity or balance at 00:00 UTC.
⚠️ Important: If you hit any of these drawdown limits, your account will be breached.
What is the Consistency Rule?
The consistency rule is in place to encourage steady, repeatable trading — not random big wins or lucky spikes.
How it Works
Your most profitable trading day must not be more than 20% of your total profits when you request a payout.
If your biggest winning day exceeds 20%, your payout will be denied until your account is back in compliance.
✅ Total profits are calculated as the amount above your starting balance. If you go into drawdown and recover, only the gains above your original balance are counted — recovery gains don’t add to your "profit total."
Examples
Example 1:
Starting balance: $10,000
Grows to: $12,000
Total profit: $2,000
20% of $2,000 = $400
Your biggest single-day profit must not exceed $400.
Example 2:
You dip into a $500 drawdown but climb back to break even.
Then grow your balance to $11,500.
Total profit: $1,500
20% of $1,500 = $300
Your biggest single-day profit must not exceed $300.
Quick Tip to Check Compliance
If you’re not sure whether you meet the rule, you can use this shortcut:
Take your highest single-day profit and divide it by 0.2.
That’s the minimum total profit you need to qualify.
Example:
Best day = $500 profit
$500 ÷ 0.2 = $2,500
You need at least $2,500 total profit to request a payout.
Important Notes
We factor in fees and commissions when calculating your daily profit.
For example:
If you open 10 trades and end the day with $500 after fees, the full $500 counts toward the consistency rule.
This rule is not a hard breach.
If you miss the consistency requirement, your payout will simply be paused, and we’ll explain how you can get your account back on track.
Trading consistently shows that you have discipline, control, and a repeatable skill set — exactly the kind of traders we want to support at higher levels of funding.
KYC Instructions
Identity Verification Requirements at Next Level Funded
To maintain the highest level of security and compliance, all traders who choose to trade with Next Level Funded are required to provide valid identification before gaining access to their accounts once becoming funded. This ensures a secure trading environment and upholds regulatory standards.
1. Submission of Identification Documents
Traders must submit a government-issued identification document, such as a driver’s license, passport, national ID card, or verified residency document. This is a mandatory requirement to verify your identity and ensure compliance with our Know Your Customer (KYC) policies.
2. Accuracy of Personal Information
All personal details provided during the registration and verification process must be accurate and match the information on your government-issued ID. Any discrepancies may result in delays or rejection of your verification request.
3. Accepted Forms of Identification
We accept the following official and verifiable identification documents:
Driver’s License
Passport
National/State Identification Card
Residency Documentation
Any other government-issued identification that meets our verification standards
4. Authenticity of Documents
All submitted identification documents must be clear, valid, and unaltered. The use of forged, expired, or manipulated documents will result in instant rejection of your KYC application and may lead to account suspension or further investigation.
5. Finality of Submission
Once your identification documents are successfully submitted and verified, changes will not be permitted. Ensure that you provide the correct documentation during the initial verification process to avoid any issues with your account.
By adhering to these requirements, traders can gain seamless access to their funded accounts while maintaining a secure and compliant trading environment at Next Level Funded.
1. Submission of Identification Documents
Traders must submit a government-issued identification document, such as a driver’s license, passport, national ID card, or verified residency document. This is a mandatory requirement to verify your identity and ensure compliance with our Know Your Customer (KYC) policies.
2. Accuracy of Personal Information
All personal details provided during the registration and verification process must be accurate and match the information on your government-issued ID. Any discrepancies may result in delays or rejection of your verification request.
3. Accepted Forms of Identification
We accept the following official and verifiable identification documents:
Driver’s License
Passport
National/State Identification Card
Residency Documentation
Any other government-issued identification that meets our verification standards
4. Authenticity of Documents
All submitted identification documents must be clear, valid, and unaltered. The use of forged, expired, or manipulated documents will result in instant rejection of your KYC application and may lead to account suspension or further investigation.
5. Finality of Submission
Once your identification documents are successfully submitted and verified, changes will not be permitted. Ensure that you provide the correct documentation during the initial verification process to avoid any issues with your account.
By adhering to these requirements, traders can gain seamless access to their funded accounts while maintaining a secure and compliant trading environment at Next Level Funded.
Unlimited Time
Our challenges have no time restrictions; you can pass in as little or as much time as you need!
Mandatory Stop Loss
Traders are required to have a mandatory Stop Loss set during their trades in the live phase. It does not have to be at the very beginning of the Trade but one must be placed before it is closed.
Traders will receive one warning for this, if 5 or less Non-Stop Loss trades occur, then will be hard breached if repeating the Offence.
If 5 or more Non-Stop Loss Trades occur, Traders will receive an automatic hard breach.
An excess of 5 or more violations of this rule will result in a Hard-Breach for the Account.
If 5 or more Non-Stop Loss Trades occur, Traders will receive an automatic hard breach.
An excess of 5 or more violations of this rule will result in a Hard-Breach for the Account.
What is NLF's Minimum 3 Profitable Trading Days?
To pass your account, one of the required criteria is achieving a minimum of 3 profitable trading days.
To meet this, you must generate a profit of at least 0.25% of your account balance on three separate trading days for both 1 & 2 Step Accounts.
For 3 Step Accounts you will only need to produce a 0.1% of your account balance on three separate trading days. For Payouts & Live Accounts - Traders will still need to abide by this rule depending on there respected accounts in order to make a withdrawal. After each payout there minimum Trading Days will Reset each time which must be achieved again to be eligible for any future payouts…
All Trading Days are based off of the UTC Timezone - We request all traders get comfortable with following all information and data related to there account via there dashboard & not the MatchTrader Platform. A trading day is always based off of UTC, not the Timezone you are in!
Do we allow Weekend holding?
While we permit weekend holding, it is not recommended due to the increased risk associated with market gaps that can occur between Friday’s close and Sunday’s open.
Traders must understand that holding positions over the weekend carries the potential for significant loss or account breach if the market opens beyond their stop loss. This risk is especially relevant in volatile conditions or during major news events. In summary, weekend holding is allowed, but strictly at your own risk. We strongly encourage traders to manage their positions accordingly and consider closing trades before the market closes on Friday to avoid unexpected outcomes.
Traders must understand that holding positions over the weekend carries the potential for significant loss or account breach if the market opens beyond their stop loss. This risk is especially relevant in volatile conditions or during major news events. In summary, weekend holding is allowed, but strictly at your own risk. We strongly encourage traders to manage their positions accordingly and consider closing trades before the market closes on Friday to avoid unexpected outcomes.
Merging Accounts
Streamline your portfolio management by consolidating your funded accounts into a single, unified account.
This process allows for greater efficiency, simplifying your trading experience and ensuring that all your funds are easily accessible in one place. To get started with merging your accounts, simply submit a support ticket, and our team will assist you every step of the way. This seamless integration will help you focus more on your trading strategies while we handle the account management process.
IP Address Policy
To maintain the integrity of our trading systems, your IP address must remain consistent in geographical location throughout your entire trading experience — including both the evaluation and live simulated stages. We understand that some traders may need to switch between Wi-Fi and mobile data due to connectivity issues. This is permitted, provided that your IP address remains within the same regional area (i.e., the same city or nearby location). Frequent or significant changes in geographical IP location may result in account review or suspension for security purposes.
If you anticipate connectivity issues that may require wider location changes, please contact support prior to trading to avoid disruptions.
If you anticipate connectivity issues that may require wider location changes, please contact support prior to trading to avoid disruptions.
What Does NLF Consider Cheating?
We have a strict no-cheating policy to ensure fair trading. Here’s what we classify as cheating:
1. Exploiting Demo Trading Flaws
You cannot take advantage of inefficiencies in the demo trading environment, such as:
High-Frequency Trading (HFT)
Toxic Trading Order Flow
Long/Short Arbitrage
Reverse Arbitrage
Tick Scalping
Server Execution Manipulation
Additionally, copy trading from another trader is strictly prohibited. If we detect copy trading, both accounts will be breached immediately.
2. Account Hedging
You cannot use one account to place a trade in one direction while using another account to place the opposite trade. This is an attempt to guarantee a win and is strictly forbidden.
3. Exclusive Hedging
You cannot hedge every trade throughout a challenge or live account. Many EA (Expert Advisor) hedging bots are designed to exploit demo environments, making it impossible for us to mirror your trades in a live market. If your account is found only hedging, we may ask you to provide the EA you’re using for review.
4. Use of Expert Advisors (EAs)
EAs are allowed, but they must follow our rules. If requested, you must prove that your EA is not violating any policies. HFT bots, hedge zone strategies, or similar methods are not allowed.
5. Defining a "Trade"
A trade is defined as a position held on a specific pair, which may include: Multiple entries with similar timing and lot sizes. A set of trades placed at the same time However, small lot-sized trades will not count as a trade.
Final Note
If your account is flagged for cheating, you will be required to restart the challenge. Any serious violations will result in immediate account termination.
If your account is flagged for cheating, you will be required to restart the challenge. Any serious violations will result in immediate account termination.
6. Where it says HFT / High Frequency Trading
A High Frequency Trade can be defined as a Trade opened & closed within one minute.
If you execute five or more high-frequency trades (HFTs), you will be issued a firm warning, if the account breaches this again it will be breached due to non-compliance with Next Level Funded's trading requirements.
What are your trading style rules?
Our Core Trading Rule: No Gambling
At Next Level Funded, we uphold the highest standards of professional trading and risk management. To ensure a disciplined and sustainable trading environment, we have one fundamental rule that all traders must adhere to: No Gambling.
Trading should be based on strategy, analysis, and risk management, not luck or reckless behavior. Any form of gambling or irresponsible trading practices will result in disqualification from our program.
What Constitutes Gambling at NLF?
We define gambling as engaging in high-risk, unsustainable trading behaviors that do not align with sound trading principles. This includes, but is not limited to, the following:
🔹 Excessive Scalping / High Frequency Trading – If 5 or more of your trades are closed within one minute, it is considered reckless trading rather than strategic execution - which will lead to an official warning, if continued will result in automatic closure of your account. Erratic trade entries and exits can indicate an attempt to game the system rather than employ skill-based trading.
🔹 Martingale Strategy – Placing multiple trades (five or more) on the same currency pair while in drawdown is not a sustainable approach. This type of trade stacking increases risk exposure exponentially and is classified as a gambling strategy rather than a risk-managed method.
🔹 "All-In" Trading – Executing a single high-risk trade without proper risk management—such as trading without a stop-loss or risking more than the maximum drawdown limit—is strictly prohibited. Taking extreme risks in hopes of either passing the challenge or failing the account does not align with responsible trading practices.
🔹 Martingale Strategy – Placing multiple trades (five or more) on the same currency pair while in drawdown is not a sustainable approach. This type of trade stacking increases risk exposure exponentially and is classified as a gambling strategy rather than a risk-managed method.
🔹 "All-In" Trading – Executing a single high-risk trade without proper risk management—such as trading without a stop-loss or risking more than the maximum drawdown limit—is strictly prohibited. Taking extreme risks in hopes of either passing the challenge or failing the account does not align with responsible trading practices.
Commit to Strategic & Disciplined Trading
At NLF, we encourage traders to adopt solid risk management strategies and structured trading plans to build long-term success. Proper trade execution, discipline, and a well-thought-out risk-reward strategy - to becoming a consistently profitable trader.
By following these principles, you ensure a fair and professional trading environment—one that rewards skill, discipline, and sound decision-making rather than high-risk speculation. 🚀
By following these principles, you ensure a fair and professional trading environment—one that rewards skill, discipline, and sound decision-making rather than high-risk speculation. 🚀
Are NLF Trader’s allowed to trade news?
News Trading Restriction
Traders cannot open or close trades two minutes before or after a Red Folder news event release.
This includes:
Trades hitting take profit (TP) or profit target.
Pending orders being triggered.
Trades hitting take profit (TP) or profit target.
Pending orders being triggered.
Trades that were already open before the news event but close within the restricted time window.
If any trades are executed during this period and result in passing an evaluation, the account will not be considered as having passed the challenge.
We have an auto-close feature that closes trades once the profit target is reached. If your trade is automatically closed during a restricted news period, even with a TP set, it will be counted as a violation. Traders who pass based on news trades will not pass the challenge.
The same rule applies to Live Accounts. Any profits made from trades executed within the restricted news window will not be credited.
If any trades are executed during this period and result in passing an evaluation, the account will not be considered as having passed the challenge.
We have an auto-close feature that closes trades once the profit target is reached. If your trade is automatically closed during a restricted news period, even with a TP set, it will be counted as a violation. Traders who pass based on news trades will not pass the challenge.
The same rule applies to Live Accounts. Any profits made from trades executed within the restricted news window will not be credited.
How News Events Are Classified:
Any Red Folder news event listed on Forex Factory falls under our restricted trading window. Different types of Red Folder news impact certain trading pairs.
If a Red Folder event affects any of the following, it falls under our news restriction:
Macroeconomic Announcements – Affects All Instruments
CPI
FOMC Statement & Meetings
Non-Farm Employment Change
Major News & Currency-Specific Restrictions
USD (Forex, Commodities, US Indices: US30, US100, US500)
All High-Impact USD News
Interest Rate Decisions & Press Conferences
GDP, CPI, PPI, Core PCE
Non-Farm Payrolls, Employment Reports, Jobless Claims
Federal Reserve Announcements
Balance of Trade, Retail Sales, Consumer Sentiment
EUR (Forex, EU Indices)
PMI, CPI, GDP
ECB Rate Announcements & Press Conferences
Employment & Unemployment Reports
Retail Sales, Economic Sentiment
GBP (Forex Only)
PMI, CPI, GDP
BoE Rate Decisions & Press Conferences
Retail Sales, Housing Reports, Industrial & Manufacturing Data
CAD (Forex, Oil)
BoC Rate Announcements & Press Conferences
CPI, GDP, Employment & Unemployment Reports
Retail Sales, Balance of Trade, Crude Oil Inventories
AUD (Forex Only)
RBA Cash Rate & Statements
CPI, GDP, Employment Reports
Retail Sales
NZD (Forex Only)
RBNZ Cash Rate & Statements
CPI, GDP, Employment Reports
CHF (Forex Only)
SNB Policy Rate & Statements
CPI, GDP
JPY (Forex, Asian Indices)
BoJ Rate Announcements & Press Conferences
GDP, CPI, Retail Trade, Balance of Trade
Oil Markets (USOIL, UKOIL, CAD Pairs)
Crude Oil Inventories
If a Red Folder event affects any of the following, it falls under our news restriction:
Macroeconomic Announcements – Affects All Instruments
CPI
FOMC Statement & Meetings
Non-Farm Employment Change
Major News & Currency-Specific Restrictions
USD (Forex, Commodities, US Indices: US30, US100, US500)
All High-Impact USD News
Interest Rate Decisions & Press Conferences
GDP, CPI, PPI, Core PCE
Non-Farm Payrolls, Employment Reports, Jobless Claims
Federal Reserve Announcements
Balance of Trade, Retail Sales, Consumer Sentiment
EUR (Forex, EU Indices)
PMI, CPI, GDP
ECB Rate Announcements & Press Conferences
Employment & Unemployment Reports
Retail Sales, Economic Sentiment
GBP (Forex Only)
PMI, CPI, GDP
BoE Rate Decisions & Press Conferences
Retail Sales, Housing Reports, Industrial & Manufacturing Data
CAD (Forex, Oil)
BoC Rate Announcements & Press Conferences
CPI, GDP, Employment & Unemployment Reports
Retail Sales, Balance of Trade, Crude Oil Inventories
AUD (Forex Only)
RBA Cash Rate & Statements
CPI, GDP, Employment Reports
Retail Sales
NZD (Forex Only)
RBNZ Cash Rate & Statements
CPI, GDP, Employment Reports
CHF (Forex Only)
SNB Policy Rate & Statements
CPI, GDP
JPY (Forex, Asian Indices)
BoJ Rate Announcements & Press Conferences
GDP, CPI, Retail Trade, Balance of Trade
Oil Markets (USOIL, UKOIL, CAD Pairs)
Crude Oil Inventories
Make sure to check ForexFactory for upcoming Red Folder events to avoid violating the news trading restriction.
Does Next Level Funded Have a Consistency Rule?
Instant Funding Accounts & $Xk for $X Accounts
Yes — Next Level Funded enforces a Consistency Rule for Instant Funding Accounts to promote disciplined and sustainable trading.
How it works:
Your most profitable trading day must not exceed 20% of your total profits at the time you request a payout. If your largest winning day accounts for more than 20% of your overall profits, your payout will be deferred until your account returns to compliance with this rule.
This policy is designed to discourage high-risk, unsustainable trading behaviour and ensure long-term trading performance.
Basic 1, 2 & 3-Step Challenge Accounts
No — we do not apply a Consistency Rule to 1, 2, or 3-Step Challenge accounts. You are free to trade with flexibility, provided you follow our core trading guidelines.These include:
- A minimum of 3 trading days to complete your evaluation.
- Avoidance of prohibited strategies such as gambling, excessive scalping/HFT, or martingale-style systems.
Our goal is to support a fair and transparent trading environment, while allowing skilled traders to showcase their abilities with minimal restrictions.
Understanding the Daily Reset in Our 1-Step Challenges
In our 1-Step Challenges, the Daily Reset is based on the High Watermark—the highest value reached by either your balance or equity at any given time. This ensures that your trailing drawdown adjusts daily in line with your best performance, creating a fair, transparent, and trader-friendly environment.
We implement the High Watermark method because it upholds the integrity of the challenge while rewarding consistency and effective risk management. Unlike a balance-only reset, which could allow traders to carry significant floating losses without consequences, or an equity-only reset, which may fluctuate too frequently, the High Watermark strikes the perfect balance. It protects your hard-earned gains while allowing flexibility in your trading strategy. This approach is widely adopted by top-tier prop firms and ensures that all traders compete on a level playing field. By focusing on sound risk management and steady performance, you position yourself for long-term success—and we’re here to support you every step of the way. 🚀
What is Our Maximum Use of Daily Drawdown for Live Accounts?
Once you become a funded trader, you are allowed to utilize up to 75% of your maximum daily drawdown while trading on your live account. This means that the total drawdown from your trades in a single day must not exceed 75% of the set daily limit. Any trades that result in profit beyond this 75% threshold will not be counted toward your performance or payouts and may violate the terms of your funded account.
This rule is in place to help you manage risk effectively and maintain consistency in your trading strategy. Staying within the 75% limit ensures you're protecting your account and demonstrating disciplined trading behaviour.
An excess of 5 or more violations of this rule will result in a Hard-Breach for the Account.
An excess of 5 or more violations of this rule will result in a Hard-Breach for the Account.
Mandatory Stop Loss
Traders are required to have a mandatory Stop Loss set during there trades in the live phase. It does not have to be at the very beginning of the Trade but one must be placed before it is closed.
An excess of 5 or more violations of this rule will result in a Hard-Breach for the Account.
An excess of 5 or more violations of this rule will result in a Hard-Breach for the Account.
What Happens After You Pass?
Successfully passing the Next Level Funded assessment is a significant milestone, marking the beginning of your journey as a Funded Trader. To ensure a seamless transition, we have a structured verification and onboarding process designed to protect both you and our firm while maintaining compliance with industry regulations.
1. Account Review & Approval (1-3 Business Days)
Once you have successfully met all assessment criteria, our risk management team will conduct a thorough review of your trading account. This process typically takes between 1 to 3 business days, during which we assess compliance with our trading rules and ensure that all guidelines have been followed.
2. KYC Identity Verification
After your account has been approved, you will receive an official KYC verification email from our trusted verification provider, Veriff. This step is crucial for ensuring the integrity of our platform and compliance with Anti-Money Laundering (AML) regulations.
To complete the KYC process, you will be required to:
✅ Upload a valid government-issued ID (e.g., passport, driver’s license, or national ID card)
✅ Take a live selfie for identity verification (to confirm you are the rightful owner of the submitted ID)
This verification process helps us confirm that all traders are legitimate individuals and ensures that we operate in a secure, compliant, and transparent environment.
Next Level Funded can also do Manual KYC - All supported Documentation Requested must be provided if deemed fair, this is to ensure NLF’s Compliance with Regulations.
3. Funded Trader Agreement & Terms of Service
Before accessing your funded account, you will be required to review and electronically sign a contract outlining the terms and conditions of trading with Next Level Funded. This agreement serves to:
Clearly define your profit split and withdrawal processes
Outline the rules and expectations for trading on a funded account
Ensure compliance with our trading policies and risk management guidelines.
4. Passing Fee Payment (Account Dependable)
If you have purchased an account with a passing fee attached to it, you will need to pay the remaining account Costs upon passing in order to be allowed Access to your live Account.
5. Seamless Onboarding on Our Platform
All verification, documentation, and contract signing are conveniently handled via Email.
Once these steps are completed, you will gain access to your funded account, allowing you to trade professionally and withdraw profits based on your performance.
At Next Level Funded, we are committed to providing a smooth and efficient onboarding experience so you can focus on what truly matters—trading with confidence and maximizing your potential. 🚀
Once you have successfully met all assessment criteria, our risk management team will conduct a thorough review of your trading account. This process typically takes between 1 to 3 business days, during which we assess compliance with our trading rules and ensure that all guidelines have been followed.
2. KYC Identity Verification
After your account has been approved, you will receive an official KYC verification email from our trusted verification provider, Veriff. This step is crucial for ensuring the integrity of our platform and compliance with Anti-Money Laundering (AML) regulations.
To complete the KYC process, you will be required to:
✅ Upload a valid government-issued ID (e.g., passport, driver’s license, or national ID card)
✅ Take a live selfie for identity verification (to confirm you are the rightful owner of the submitted ID)
This verification process helps us confirm that all traders are legitimate individuals and ensures that we operate in a secure, compliant, and transparent environment.
Next Level Funded can also do Manual KYC - All supported Documentation Requested must be provided if deemed fair, this is to ensure NLF’s Compliance with Regulations.
3. Funded Trader Agreement & Terms of Service
Before accessing your funded account, you will be required to review and electronically sign a contract outlining the terms and conditions of trading with Next Level Funded. This agreement serves to:
Clearly define your profit split and withdrawal processes
Outline the rules and expectations for trading on a funded account
Ensure compliance with our trading policies and risk management guidelines.
4. Passing Fee Payment (Account Dependable)
If you have purchased an account with a passing fee attached to it, you will need to pay the remaining account Costs upon passing in order to be allowed Access to your live Account.
5. Seamless Onboarding on Our Platform
All verification, documentation, and contract signing are conveniently handled via Email.
Once these steps are completed, you will gain access to your funded account, allowing you to trade professionally and withdraw profits based on your performance.
At Next Level Funded, we are committed to providing a smooth and efficient onboarding experience so you can focus on what truly matters—trading with confidence and maximizing your potential. 🚀
How Often Can I Receive a Payout?
Payout Schedule for Instant Funded Accounts:
- Your first payout is available 14 days after you place your first trade.
- Payouts are processed within 24 to 48 hours after approval.
You can withdraw up to 75% of your simulated profits with each request.
- Minimum withdrawal amount: $120.
- First payout limit: You can withdraw up to 3% of your starting balance during your first payout.
Your Second Payout you will be able to withdraw up to 8% of your Starting Balance. - After your second withdrawal, the cap is lifted and full profit withdrawal rules apply.
Is There a Withdrawal Limit?
All accounts will have a 3% cap on there first Trades Withdrawal - After there first Withdrawal, they will have a lift to an 8% cap. After the Second withdrawal the cap will be lifted & Traders will be able to withdraw up to $10,000 every 2 payment cycles following the rest of our FAQ guidelines!
1. Withdrawal Limits & Overflow System
To promote responsible trading and efficient fund management, traders are subject to the following withdrawal guidelines:
✅ Maximum Withdrawal Per Cycle – Traders can withdraw up to $10,000 every two withdrawal cycles per funded account.
✅ Profit Exceeding $10,000 – If total profits surpass $10,000 within a cycle, withdrawals will still be capped at $10,000, with any remaining balance rolling over to future cycles.
✅ Multiple Accounts Considered as One – If a trader operates multiple funded accounts, they will be treated as a single entity, and withdrawal cycles will be based on the first account's withdrawal timing.
📌 Example:
- A trader with a $100,000 funded account earns:
- $8,000 on the first withdrawal
- $6,000 on the second withdrawal
- Since the maximum per cycle is $10,000, the trader will only be able to withdraw $10,000, and the balance will reset to $100,000 after both cycles.
2. Profit Restrictions Over $5,000
to maintain risk consistency and prevent overly concentrated trading strategies, the following restrictions apply to traders who exceed $5,000 in total profits:
✅ 50% Cap on Individual Trades & Best Trading Days – No single trade or best trading day can account for more than 50% of the total profit within a given payout cycle.
✅ Profit Adjustments – If any individual trade or day exceeds 50% of the total profit, it will be adjusted down to meet the 50% cap before withdrawal approval.
📌 Example:
- A trader with a $100,000 funded account earns:
- $5,000 on Day 1
- $3,000 on Day 2
- Their total balance is now $108,000, with $6,000 withdrawable before profit split.
- If a single trade generated $10,000, only $5,000 would be counted toward withdrawal due to the 50% cap rule.
3. Maximum Lifetime Withdrawals & Scaling
At Next Level Funded, we believe in rewarding traders as they grow. To support long-term career progression, we have established a maximum lifetime withdrawal milestone:
✅ Graduation from the Next Level Program – Once a trader has withdrawn a total of $100,000 across all challenges, they will graduate from the Next Level program, marking a significant achievement in their funded trading journey.
✅ Increased Withdrawal Limits – As traders continue to scale their accounts beyond this milestone, their maximum withdrawal limits will increase accordingly, providing greater earning potential and long-term sustainability.
Commitment to a Structured & Rewarding Trading Environment
At Next Level Funded, we are committed to fostering a professional trading ecosystem that balances profitability, risk management, and long-term trader success. Our Overflow System ensures that payouts remain efficient, sustainable, and aligned with industry best practices.
sustainable, and aligned with industry best practices. By adhering to these structured withdrawal guidelines, traders can build a profitable, scalable, and disciplined trading career with Next Level Funded. 🚀
Minimum Withdrawal Option
NLF requires out Traders to generate a reasonable amount of profit to further improve their trading habits. This is why we have a minimum withdrawal requirement of $125 after profit splits & fee deductions.
Accounts will not be breached or affected if payouts below $125 are requested, the trader will simply need to continue trading until he meets the minimum requirement to withdraw.
What is Next Level Funded's Payout Promise to it's Traders?
At Next Level Funded, we prioritise timely payments for our traders. If your payout is not in your Account/Wallet within 12 hours of it being Approved, you will automatically receive a $1,000 bonus as a goodwill gesture.
This policy reflects our commitment to our Traders, and ensuring you’re rewarded not just for your performance—but for your time.
Your KYC Verification process will not be included in the withdrawal time period as well, if in rare circumstances they overlap.
This policy reflects our commitment to our Traders, and ensuring you’re rewarded not just for your performance—but for your time.
Your KYC Verification process will not be included in the withdrawal time period as well, if in rare circumstances they overlap.
What withdrawal options do you have?
The Countries listed below are whom can receive withdrawals from Rise - You can choose the method that works best for you: Bank Transfers: Direct transfer to your bank account. Crypto Tokens: If you prefer cryptocurrency, you can withdraw using your preferred crypto wallet (Bitcoin, Ethereum, USDT, USDC etc.)
Payments via Rise & Crypto Transfer will incur a $35 withdrawal fee.
Ireland Spain France Albania American Samoa Andorra Anguilla Antigua & Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia & Herzegovina Botswana Bouvet Island Brazil British Virgin Islands Brunei Bulgaria Cameroon Canada Cape Verde Caribbean Netherlands Cayman Islands Chad Chagos Archipelago Chile Christmas Island Cocos (Keeling) Islands Colombia Comoros Cook Islands Costa Rica Croatia Curaçao Cyprus Czechia Denmark Djibouti Dominica Dominican Republic Ecuador El Salvador Equatorial Guinea Estonia Ethiopia Falkland Islands Faroe Islands Fiji Finland French Guiana French Polynesia French Southern Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guam Guatemala Guernsey Heard & McDonald Islands Honduras Hong Kong Hungary Iceland Isle of Man Israel Italy Jamaica Jersey Jordan Kazakhstan Kiribati Kosovo Kuwait Kyrgyzstan Latvia Lesotho Liberia Liechtenstein Lithuania Luxembourg Macao Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Moldova Monaco Mongolia Montenegro Montserrat Morocco Mozambique Namibia Nauru Nepal Netherlands New Caledonia Nicaragua Nigeria Niue Norfolk Island North Macedonia Northern Mariana Islands Norway Oman Palau Papua New Guinea Pakistan Paraguay Peru Philippines Pitcairn Islands Poland Portugal Puerto Rico Qatar Romania Rwanda Réunion Samoa San Marino Saudi Arabia Senegal Serbia Seychelles Sint Maarten Slovakia Slovenia So. Georgia & So. Sandwich Islands Solomon Islands South Africa South Korea Sri Lanka St. Barthelemy St. Helena St. Kitts & Nevis St. Lucia St. Martin St. Pierre & Miquelon St. Vincent & the Grenadines Suriname Svalbard & Jan Mayen Sweden Switzerland Sao Tome & Principe Taiwan Tajikistan Tanzania Thailand Timor-Leste Togo Tokelau Tonga Turkmenistan Turks & Caicos Islands Tuvalu Turkey US Outlying Islands US Virgin Islands Ukraine United Arab Emirates United States Uruguay Uzbekistan Vatican City Wallis & Futuna Western Sahara Zambia.
Withdrawal Frequency
After completing your first trade in your live account, you will be eligible to request a withdrawal every 14 business days. This structured withdrawal schedule ensures that you have regular access to your profits while maintaining the integrity and stability of your trading account.
Additionally, please note that a full refund will be issued on the third withdrawal request, providing further flexibility and support as you continue to grow your account. This policy is designed to offer both consistency and transparency in the management of your withdrawals as you progress with your trading journey.
What Instruments Can I Trade?
We have a huge variety of instruments you can trade. Including all majors in FX, commodities, indices and digital ETF’s.
Here is a list of all our instruments that are available to trade:
Commodities
ALUMINIUM | BRENT | COCOA | COFFEE | COPPER | CORN | COTTON | NGAS | SOYBEAN | SUGAR | WHEAT | WTI | XAGUSD | XAUUSD | XPDUSD | ZINC | XPTUSD
Digital ETF’s
ADAUSD | BNBUSD | BTCEUR | BTCUSD | ETHBTC | ETHEUR | ETHUSD | LTCUSD | TRXUSD | XLMUSD
FX
AUDCAD | AUDCHF | AUDJPY | AUDNZD | AUDUSD | CADCHF | CADJPY | CHFJPY | EURAUD | EURCAD | EURCHF | EURGBP | EURJPY | EURNOK | EURNZD | EURPLN | EURSEK | EURTRY | EURUSD | GBPAUD | GBPCAD | GBPCHF | GBPJPY | GBPNZD | GBPUSD | NZDCAD | NZDCHF | NZDJPY | NZDUSD | USDCAD | USDCHF | USDHKD | USDJPY | USDMXN | USDPLN | USDSEK | USDSGD | USDTRY | USDZAR
Indices
AUS200 | EU50 | FRA40 | GER30 | HKIND | ITA40 | JAP225 | SPA35 | SUI20 | UK100 | US100 | US2000 | US30 | US500
Spreads, Commission & Swap
Commission:
$2 USD commission per lot on Forex Instruments - Note: If the pair is not in USD, it will auto convert to USD.
Crypto, Indices and Commodities have $0 commissions!
All pairs have close to raw spreads.
All pairs have close to raw spreads.
We have ZERO swap fees across all accounts.
What is our leverage on Basic 1, 2, 3 Step Accounts?
Forex: 75:1
Commodities: 20:1
Digital ETF’s: 2:1
Indices: 20:1
Commodities: 20:1
Digital ETF’s: 2:1
Indices: 20:1
How does the Top Up Feature Work?
The Top Up Feature is used as a way for Traders to stay in the game - Whether they are on there final Phase of an Evaluation Account or are Funded. Top Ups can be used to combat Losing Streaks & Bad Trading Days.
For Example, if your trading with a $10,000 Account:
- You lose 4% and now your Account is at $9,600.
- You are 4% away from Overall Drawdown, but also now 4% away from the Initial Account Balance.
- You can purchase a $250 Top Up - which will bring your account balance back to $9,850
This will allow you to have a little more breathing room with your Trading.
- You lose 4% and now your Account is at $9,600.
- You are 4% away from Overall Drawdown, but also now 4% away from the Initial Account Balance.
- You can purchase a $250 Top Up - which will bring your account balance back to $9,850
This will allow you to have a little more breathing room with your Trading.
Note:
- Top ups cannot be used passed the initial Account Balance Size, so do not purchase more than what you need.
- If an Account is breached, a top up cannot be used on it / reopen the account - Top Ups can only be used in evaluation or live phases.
- Top ups cannot be used passed the initial Account Balance Size, so do not purchase more than what you need.
- If an Account is breached, a top up cannot be used on it / reopen the account - Top Ups can only be used in evaluation or live phases.
How many times can I Top Up my Account?
Each account can be topped up a maximum of two times. After your second top-up, you will need to purchase a new account to continue using the top-up feature.
What do I have to do in order to receive my funds?
Once you have purchased the amount you wish to have added to your account balance, please follow these steps:
1. Go to the Next Level Funded Discord
2. Open a Ticket in our #support-ticket Channel
3. Title your message as "Top Up"
4. Provide the following information:
5. Screenshot of Purchase Receipt
6. Email
7. Account Number
2. Open a Ticket in our #support-ticket Channel
3. Title your message as "Top Up"
4. Provide the following information:
5. Screenshot of Purchase Receipt
6. Email
7. Account Number
We have ZERO swap fees across all accounts.
What happens if I purchase more than what I need?
Funds cannot go past your starting balance, so if you purchase the $500 top up feature for a $10,000 account that is in drawdown of $300, this means there would be $200 that will be nullified & not be included.
What is the Affiliate Account?
Upon starting with the NLF Affiliate Program, all Affiliates are given a $10k starting Account.
Our Affiliates are permitted to withdraw up to 2% Profit per month free of Charge.
Our Affiliates are permitted to withdraw up to 2% Profit per month free of Charge.
Let's talk
Simulated trading services are provided by the company Next Lvl Funded PTY LTD., located at Suite 7, Level 1, 486 Lower Heidelberg Road, Heidelberg VIC 3084 . The website https://www.nextlevelfunded.com/ is owned and operated byNext Lvl Funded PTY LTD., which is registered at 39 Mountain View Pde, Rosanna, 3084, Vic, Australia, company no. 685007710. Next Level Funded is dedicated to the educational and evolutionary advancement of traders, offering a state-of-the-art simulation platform for skill assessment. Participants engage in intensive challenge phases designed to identify and nurture trading talent within a simulated environment.
The information on the Website is provided solely for analysis purposes only and should not be construed as financial, investment, tax, or other advice. Nothing on the Website or in our Services represents a solicitation, advice, endorsement, or offer to purchase or sell stocks or other financial instruments by Next Level Funded, its agents, employees, contractors, or any connected entities. You are solely responsible for assessing the benefits and risks associated with the use of any information or other content on the Website. All investments include substantial risk, and an individual’s investment decisions are solely his/her obligation. All information on the Website is provided “as is”, with no guarantee of completeness, accuracy, timeliness, or of the results obtained from the use of this information, and without warranty of any kind, express or implied. Next Level Funded, or its partners, employees, or agents, shall in no way be responsible to you or anyone else for any decision made or action taken in reliance on the information on the Website, or for any consequential, special, or similar damages, even if warned of the potential of such damages. Purchases should not be regarded as deposits. All program charges are utilised for working expenses including, however not restricted to, staff, innovation, and other business-related costs.