A $50K futures account with no evaluation phase at all.
FundedNext Labs has introduced FNL:003, a $50,000 futures model built to skip evaluation phases entirely. Traders pay a one-time fee and start trading with capital and real reward potential from day one, with no profit target to hit before earning payouts.
Pricing, splits, and the risk parameters attached.
| Term | Detail |
|---|---|
| Price | $149.99 |
| Profit split | 90% to the trader |
| Payout frequency | Every 5 trading days |
| Daily loss limit | $1,000 (no hard breach) |
| Max loss limit | $2,000 |
| Drawdown type | End-of-day trailing |
| Consistency rule | 20%, applied perpetually |
| Contract limit | Up to 3 minis or 30 micros |
| Max withdrawal | $1,200 |
| Max performance rewards | 5 |
| Purchase limit | 3 per person |
FNL:003 accounts do not count toward FundedNext's standard active account limits, and traders must complete KYC verification before their first payout.
One phrase that needs a plain-English check.
FundedNext describes the $1,000 daily loss limit as having "no hard breach", but does not explain in the announcement exactly what that means in practice, whether it triggers a warning, a trading restriction, or something else short of an immediate account closure. If you are considering this account, confirm the exact mechanics with FundedNext support before trading rather than assuming it behaves like a standard hard daily loss limit.
It is also not stated whether FNL:003 accounts can scale into larger sizes over time, the way some evaluation-based programmes do.
Fast access, but a different shape of risk and reward than a full evaluation account.
No-evaluation, instant-access products lower the barrier to entry considerably, there is no profit target to clear before you can be paid. That is a genuine convenience. But it comes paired with a lower payout cap ($1,200 maximum per cycle), a permanent 20% consistency rule rather than one that only applies during an evaluation phase, and a limited number of total reward events (5). Traders should treat FNL:003 as a distinct product with its own trade-offs, not simply a faster version of FundedNext's standard funded accounts.
What to clarify before buying.
Worth confirming directly with FundedNext before purchasing: the practical meaning of "no hard breach" on the daily loss limit, and whether FNL:003 has any path to scale beyond its fixed $50K size and $1,200 payout cap.
If you want a standard evaluation instead.
No-evaluation instant accounts suit some traders and not others. If you would rather clear a standard evaluation with a higher payout ceiling, it is worth comparing against an established evaluation-based firm.
Our full Apex Trader Funding review covers the rules that matter and the ones that are mostly marketing. Code ONKAGNVZ applies 90% off evaluation fees during the current active sale.
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See the current Apex discount for full terms before you buy.
What traders also ask.
- The Godfunded, "FundedNext Launches FNL:003 Futures Model with Instant Access and No Evaluation Phases", 8 September 2026.
Trader Payout is an independent editorial site. Some links here are affiliate links, including for Apex Trader Funding, and we may earn a commission if you sign up. This does not affect our editorial choices, our data, or our verdicts. Futures trading carries substantial risk of loss and is not for everyone. This is general information, not financial, legal or investment advice. Confirm current terms directly with FundedNext before acting.
