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CFDAustralia

Next Level Funded

Explore available platforms, evaluation programs and payout rules.

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Score
6.3/10
Safety grade
C
Founded
Nov 2024
Direct funding
Not available
Read full company overview
Next Level Funded is an Australian-based proprietary trading firm offering simulated-trading evaluations and instant funding accounts. The legal entity is Next Lvl Funded PTY LTD (company no. 685007710), operating from Suite 7, Level 1, 486 Lower Heidelberg Road, Heidelberg VIC 3084, registered at 39 Mountain View Pde, Rosanna VIC 3084, Australia. The firm was established in November 2024 by founder Spencer. Product lineup includes 1-Step Instant Funding ($5K-$200K, $29-$519, 11% profit target, 7% trailing drawdown, 4% daily), 2-Step Instant Funding ($5K-$200K, $27-$489, 8%/6% targets, 8% static drawdown), Instant Pro ($5K-$200K, $29-$599, no profit target, 6% trailing drawdown, 3% daily, On-Demand payouts), and Special Beginner/Intermediate accounts ($10K for $10, $25K for $25, 50% profit split). All accounts are 100% profit split (except Special which is 50%) with on-demand or 7-day reward cycle. Trades execute on Match-Trader, MetaTrader 5 or TradeLocker. Distinctive features: Top Up feature lets funded traders add funds when in drawdown to keep their account active; unlimited trading days; weekend holding and news trading permitted; EAs and bots allowed.
Profit split100% across all current account types (1-Step, 1-Step Pro, 2-Step, 2-Step Pro, Instant Pro, Instant Crown, Instant Funding Flex)
PayoutsOn-Demand

Platforms

Trading platforms supported by Next Level Funded.

Match Trader

A modern platform with advanced charting.

MetaTrader 5 (MT5)

Trading platform supported by this firm.

TradeLocker

Trading platform supported by this firm.

Programs & evaluation

Choose from a range of evaluation programs with flexible profit splits and trading conditions.

Profit split
100% across all current account types (1-Step, 1-Step Pro, 2-Step, 2-Step Pro, Instant Pro, Instant Crown, Instant Funding Flex)
Programs & evaluation
Multiple programs (see official website)

1 Step

Account size
$10K
Profit target
8%
Drawdown model
Static

1 Step Pro

Account size
$10K
Profit target
11%
Drawdown model
Static
View all 43 programs

2 Step

Account size
$10K
Profit target
8%
Drawdown model
Static

2 Step Pro

Account size
$10K
Profit target
6%
Drawdown model
Static

Instant Pro

Account size
$10K
Drawdown model
Static

Instant Crown

Account size
$10K
Drawdown model
Static

Instant Funding Flex

Account size
$10K
Drawdown model
Static

1 Step

Account size
$5K
Profit target
8%
Drawdown model
Static

1 Step Pro

Account size
$5K
Profit target
11%
Drawdown model
Static

2 Step

Account size
$5K
Profit target
8%
Drawdown model
Static

2 Step Pro

Account size
$5K
Profit target
6%
Drawdown model
Static

Instant Pro

Account size
$5K
Drawdown model
Static

Instant Crown

Account size
$5K
Drawdown model
Static

1 Step

Account size
$25K
Profit target
8%
Drawdown model
Static

1 Step Pro

Account size
$25K
Profit target
11%
Drawdown model
Static

2 Step

Account size
$25K
Profit target
8%
Drawdown model
Static

2 Step Pro

Account size
$25K
Profit target
6%
Drawdown model
Static

Instant Pro

Account size
$25K
Drawdown model
Static

Instant Crown

Account size
$25K
Drawdown model
Static

1 Step

Account size
$50K
Profit target
8%
Drawdown model
Static

1 Step Pro

Account size
$50K
Profit target
11%
Drawdown model
Static

2 Step

Account size
$50K
Profit target
8%
Drawdown model
Static

2 Step Pro

Account size
$50K
Profit target
6%
Drawdown model
Static

Instant Pro

Account size
$50K
Drawdown model
Static

Instant Crown

Account size
$50K
Drawdown model
Static

Instant Funding Flex

Account size
$50K
Drawdown model
Static

1 Step

Account size
$100K
Profit target
8%
Drawdown model
Static

1 Step Pro

Account size
$100K
Profit target
11%
Drawdown model
Static

2 Step

Account size
$100K
Profit target
8%
Drawdown model
Static

2 Step Pro

Account size
$100K
Profit target
6%
Drawdown model
Static

Instant Pro

Account size
$100K
Drawdown model
Static

Instant Crown

Account size
$100K
Drawdown model
Static

Instant Funding Flex

Account size
$100K
Drawdown model
Static

1 Step

Account size
$200K
Profit target
8%
Drawdown model
Static

1 Step Pro

Account size
$200K
Profit target
11%
Drawdown model
Static

2 Step

Account size
$200K
Profit target
8%
Drawdown model
Static

2 Step Pro

Account size
$200K
Profit target
6%
Drawdown model
Static

Instant Pro

Account size
$200K
Drawdown model
Static

Instant Crown

Account size
$200K
Drawdown model
Static

Instant Funding Flex

Account size
$200K
Drawdown model
Static

Instant Funding Flex

Account size
$300K
Drawdown model
Static

Instant Funding Flex

Account size
$400K
Drawdown model
Static

Instant Funding Flex

Account size
$500K
Drawdown model
Static

Payouts & rules

Get paid on-demand with a variety of methods and clear rules.

Payouts & payments
Multiple options (see official website)
Payouts & payments
Multiple options (see official website)
Payouts
On-Demand
Payout frequency note
Withdrawals processable instantly on dashboard 14 days after first trade; 7-Day Reward Cycle on standard Instant Funding accounts; One-Time payout on Special Account
Payout rules
Payouts
On-Demand
First Payout Days
14
Trading rules
News Trading Allowed
Allowed
Ea Automation Allowed
Allowed
Drawdown Type Challenge
trailing (1-Step 7%; Instant Pro 6%; Special Account 5%); static (2-Step 8%)
Weekend Holding Allowed
Allowed
Drawdown Model Challenge
static

What stands out

Published advantages and trade-offs to review before choosing a program.

Key benefits

Up to 100% profit split; on-demand payouts processable from dashboard; instant funding model with no evaluation phase (Instant Pro, Instant Crown, Instant Funding Flex); unlimited trading days on all tiers; Match-Trader / MT5 / TradeLocker platform choice; account sizes from $5K up to $500K (Instant Funding Flex)

Things to consider

New firm (established Nov 2024 in Australia); not regulated as a broker (operates simulated-trading model under Next Lvl Funded PTY LTD, company no. 685007710); TrustPilot 4.2 across 403 reviews but mixed user reports cite hidden rule disputes and KYC delays; drawdown on 1-Step / 1-Step Pro / 2-Step / 2-Step Pro is Static (calculated from initial balance, not trailing)

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