FundedNext has a rating of 1.5 stars from 93 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers complaining about FundedNext most frequently mention customer service, and account manager problems. FundedNext ranks 317th among Banking sites.
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This is really great how they respond to any queries you have. I was so confused about the models and how they work, so I texted them asking my questions, and in no time got all my answers and support from their Customer support team. They are actually very gentle and well-mannered. Now coming to the main part, I subscribed for their Express model and gained a 15% profit share in the demo phase, and got my funded account after passing the challenges. Very Impressed with everything.
Scam or just inefficient. The trades sometimes dont close immediately. Mt5 p/l showed i had not reached my daily loss limit but their end stated i had. My mt5 p/l showed my loss was 650(daily loss of 750) but their end stated 805
Just dodgy behaviour. They double charged me on a transaction and when I contacted them to send it back to me they kept asking me to 'leave it there for next time'. When I refused, they tell me that I'm going to need to wait nearly 2 WEEKS for my money back. In this day and age that is a RIDICULOUS amount of time for an error on their part.
On top of this, their slippage is terrible when compared to other providers/brokers, as noted across several separate trades.
Major red flags with this company. I would steer clear.
Their platform promises enticing returns but it's smoke and mirrors.
I strongly caution against engaging with FundedNext,as my experience suggests they operate as a scam company. Be wary of any involvement, as it may result in financial loss and unfavorable outcomes.
I've gotten my money back and that was only way I could go about it. I got help from. (I USED THEIR WEBSITE URL AS MY DISPLAY NAME AND PROFILE PICTURE ON THIS REVIEW INCASE YOU NEED HELP AND WANT TO REACH OUT TO THEM).
Note: I did this because of the strict policy over here and honestly i just want to help as many people as possible to get their money back.
3 times in a short period of time
What happened was that my losing positions were closed
And I didn't lock them up
Thereby crossing the daily loss limit
Which caused the account to be suspended!
This is disgusting!
You have to pay for the reset every time!
This is a fairy tale, this company is not a live money maker!
I recently went through a terrible experience with this scam broker who claimed to be able to help me invest in the stock market. I had saved up some money and wanted to use it to make some extra income, so I thought this would be a great opportunity. Little did I know that the broker was a scam artist who was just trying to take my money for himself. I eventually reached out for help from ₵ Ø ₴ ₮ ₦ Ɇ Ɽ Ɽ Ɇ ₵ Ø V Ɇ Ɽ Ɏ, a reputable firm with experienced financial advisors. They were able to provide me with step-by-step guidance on how to handle my situation and how to get my money back. Through their expert advice, I was able to successfully recover all of my lost funds and move forward with my life. You can contact their team via their email now if you need help so they can help you
This prop firm is a scam! I was almost done with my paid prop firm challenge and had a large win that didn't post to their dashboard. I inquired about this and they said it would be quickly resolved. A simple matter really. Instead, they inactivated my account, reported it as "breached" and basically stole my money. They kept giving me the run around and never even answered my simple questions about this.
Tip for consumers:
This company looks legit but scammed me
Products used:
Stellar 1- step challenge 6k
I was denied my real account because I had 36% similar entry and exit times to another trader. There are thousands of traders on their server, coincidentally many might have similar entries and exits. Mine was 6 out of 22. On further research, I have discovered that they have done this with many traders. One youtube made an Instagram reel about the same issue, and when he got 100k plus views they gave him a supposedly real account. Another youtuber asked customer service whether they provide real fund for the live account and they said they don't. Even their website says that they only simulate real market conditions. This firm will end up running away with people's money. What can you expect from a firm from a bunch of youngsters with only 2 years track record. They are unethical, and they will frustrate you. The joy you had from passing an evaluation account will be destroyed affecting your mental health. For new traders...please heed advise of those who have suffered. The positive reviews (mostly all of them) are for customer service...and not payouts...You will hardly find anyone showing their real payout...Certificates are easy to create with random names. Even their competitions are filled with bots...Ranked traders getting 1000% in a day? Cmon man...people will catch up eventually...and I'm sure this firm will pay a heavy price for their dishonest practices...
Tip for consumers:
They did refund my registration fees after much exchange of emails and frustration. Their AI bot will keep you in loop and will frustrate the hell out of you. Unless you have 100k followers on your social handle, don't expect to get any money from them....
Products used:
Stellar 2 phase
I've learned the hard way that not all investments are created equal. 💸
After investing in what I thought was a secure platform, I was scammed and lost my entire investment. Don't let this happen to you! 💰 I had to seek expert consultation from F O R E Ñ Š |C -\/\/ /-\ T C |-| C Ø /\/\ to get all my funds back.
When I started an account with financed next at the end of DECEMBER 2023, I had a really horrible experience. Over 23,000 DOLLARS are available in my account. I was able to withdraw more than 3,000 DOLLARS. They managed to trap me in this way as I believed they were a legitimate company. I employ my high-yield and head line investing alternatives, which have been quite beneficial to me over the years. Right now, the easiest option to get a return of your investment and profit is to check the photographs below or use the name on my profile pictures, both of which I highly recommend. To recover all of your stolen money.
Tip for consumers:
READ CAREFULLY
This "FundedNext No Minimum Trading Days" add-on promises flexibility, but unfortunately, it appears to be a scam. The add-on has no value but deceptive practices and unfulfilled promises, leading to frustration and financial losses. Trading records are also wiped off from the dashboard and they made it look like you never purchased an evaluation account with them. Beware!
1 star because it has to be! Here's the story of a misadventure that went very far. I succeeded in a challenge, so far so good, KYC check OK, so I'm waiting for the identifiers for the funded account... I'm worried because a few days later there's still nothing. After enquiries, I'm told that I'm not eligible because I'm located in France and in Holland... At the time I didn't really understand, but after thinking about it I realized that my 2nd connection (Starlink) must have something to do with it. So I explain my situation, but I'm told that to clear things up I have to have a video with one of their employees;-( I don't speak English and I don't understand why they're forcing me to do this. To this day, I haven't heard from them and I STILL HAVE NOT BEEN REIMBURSED! Not really a serious company that prefers to bury its head in the sand rather than find a solution (I offered to stop using this Starlink connection - no reply. I'm really disappointed with this company, which is supposedly very close to its "customers".
In the meantime, as if by a miracle, on May 31st 24 I received an e-mail telling me that my account had finally been validated, and I would subsequently receive another e-mail with my login details. To this day, June 11, I'm still waiting! Disastrous communication, they reply when they can and then forget about you...
Tip for consumers:
A company that should improve its communication ... Fundenext forces you to go through processes that have nothing to do with resolving the situation.
In my case, a compulsory videoconference to discuss intellectual property ... but what does this have to do with geolocation outside France due to the use of Starlink?
Products used:
The company may be competent, but for a location problem they bring out an arsenal as if I were a terrorist! To date I have not been reimbursed ... the communication is cut (no news for over a week)
They mention on their website that there headquarter located in UAE,AJMAN free zone, i have an office there, i searched for them, and asked the management of the free zone, to find out that they have no office there, and when i asked fundednext customer service they say they run there office from Bangladesh to reduce the costs! How can they pay the traders if they cannot pay there costs?
I am from India and my account manager tell me that I have violated the news trading ok n 17 th march 2023.See the screenshot.
There was no news on my trading time. Kindly mark my violation on 17 th march. They are doing these kind of fraud.
Funded Next Closed my account today due to me supposedly breaching my daily loss limit.
It says that I have had a daily loss of over $35 0000... how is this even possible when I did not have the lot sizes in for that type of loss. My drawdown / Loss was $1140.
Please sort out your issues, How can you close an account without investigating what happened?
Tip for consumers:
Live chat is no help , Said he logged a ticket and will be resolved in a day or two
Products used:
$50 000 Challange account
This is really great how they respond to any queries you have. I was so confused about the models and how they work, so I texted them asking my questions, and in no time got all my answers and support from their Customer support team. They are actually very gentle and well-mannered. Now coming to the main part, I subscribed for their Express model and gained a 15% profit share in the demo phase, and got my funded account after passing the challenges. Very Impressed with everything.
I have gathered enough evidence to proof that the BID and ASK prices versus the open and close prices of my trades are not the same. The support just ignores the query and says that this is normal. Until I got a real account everything seemed legit. Stay away from them if entry and exit prices are important for you
Tip for consumers:
Avoid at all costs, espacially for scalping
Products used:
Evaluation
Mr. Jonas Ramanauskas
Our team is looking in to it. They have already in contact with you. Hope the issue will be resolved very soon.
As you all can see, FundedNext has yet suspended another account after phase 2 passed. I have requested for evidences on the "copy trading" or what did I do to violates the rule. Unfortunately they are unable to prove it. Save your money. It is very upsetting they cannot even identify which account was it.
Products used:
Prop firm
After the validation of my two phases and 6 days of real trading, I receive an email saying that I used a strategy based on high frequency trading while all trades before the news are manual. I send an email to the chat, their support and my account manager without any answer since a week.
I will report this kind of scam to the European financial control authorities in order to put them in their blacklists.
To all future users, do not waste your time and energy with them
Mr Anime R.
Here is the stated rule on our website: https :// fundednext.com/rules#:~:text=Scale%20up%20plan-,Ea/Bot%20Usages,-EA%20and%20Indicators
We do not allow hyperactivity on our platform. This does not portray the real skill of a trader, but rather the skill of a powerful trading bot.
Thank you for being with us. We wish you all the best. If you believe in your trading performance and are not willing to rely on a bot that executes the kind of trades forbidden in our platform, we will welcome you again.
They have to stop sending bot adding good review. I'm Zlatko, an experienced french trader I been trader for 5 years and I have certifications from official tradingg school. I been testing their program for a funding accounts and within few trade I seen price manipulation, first they manipulate the price to it SL and after you contact them the support act 10iq by saying it's cause of spread. Spread is only here when you place you'r order not when the trade is opened. I have all proof of chat/price manipulation and purchases.
Products used:
Nothing, they refuse any refund. But it's normal they are scammer and I filled up enough proofs to show it.
As everyone mentioned before, this is a scam. I passed fair and square my 25k account (after several loses, so i've invested a LOT of money on this business) only for them to send me the most infurating email saying i do "copy trades" so they CANT grant me my account. This is honestly an scam and DONT waste your money on this.i am super super mad, offended and dissapointed.
I have failed to achieve one of the trading objectives, and my account is not eligible to continue trading.
I paid to reset my account to start trading again. I've been waiting for a month and my account is still inactive. Customer service is at a very low level.
Products used:
Plan Type: Stellar 2-Step Challenge P1 | 50K
My two accounts were suspended due to copy trade. Actually I were not copy trading, instead, I was using an EA to trade. After a month long investigation, they found my accounts were not copy trading and decided to reactivate my both accounts.
This is a good way doing a business.
Tip for consumers:
Stay away from this company if you value your hard-earned money.
Products used:
Two $200k funded accounts in evaluation P1 phase with purchase price of USD899 each.
Your issues have been resolved, Mr Hongfa. Thank you for being patient with us.
I got email after passing my evaluation that my leverage reduced to 1:5 because i had "unconventional strategies with unusual lot sizes" and upon the contract that i signed i didn't violate any of the T.C and the risk management rule, i have opened around 18 trades in total and there were never above 30 lots and this is what i have based on the leverage i got and i didn't risk more than 1% since my maximum stoploss is 5 pips when starting the challenge, my trades were professionally analyzed and taken and they called it gambling this is so offensive to my trading career, and i have strict risk management rules, all the trades i took with only 1 lose on high impact news and i closed it fast ( was more than 5 pips lose) so they decided to cheat on me, i had every time the market moves in my direction without being on SIGNIFICANT drawdown so how this considered be a risky or " GAMBLING " situation i need clarity please because i paid for 200k account and not for a 15k account.
It is a good firm, but quite underrated because people mostly write reviews when they have bad experiences, not good ones. Anyway, I am a part time trader and tried out a couple of firms before funednext. So, I went for the evaluation model and passed all the phases without any problem, and received my funded account. Their website is also clean and it has the important Infos you may need. I can recommend this firm, but please do research before jumping on it.
Dear Austin,
Thank you so much for your generous words.
Profit share in the demo phase is a very unique and lucrative option. We don't get to see this feature from other prop firms. Being a new prop firm, FundedNext was able to scale up quickly with its customer support and very competitive offerings.
Tip for consumers:
Just follow the rules
Products used:
Express 15000 USD Account
Thank you so much for sharing your support dear.
FundedNext is a Proprietary Trading Firm aimed to assist trade enthusiasts with a solid strategy by funding them up to $200,000. Let's create synergy by using our capital and your skill. We provide trader-friendly terms and conditions to maximize your profits.
With us, traders will have the exclusive opportunity to get Profit Share from the evaluation phase. A dedicated account manager will be there for you 24/7 to address every problem you are dealing with in your trading journey with FundedNext. We’ll be providing a lucrative scale-up plan for all the ambitious traders.
What’s more? With us, you will have a chance to get up to 90% profit share! We welcome consistent traders with sound trading knowledge.
We bet there is no other prop firm in the market that can provide you with more flexible trading opportunities than us.
Thank you for your kind words, dear Nick. Wish you all the very best for your trading journey.