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
I hate this company for how they treated me and the time I had to waste trying to get them to fix this mess THEY created.
This unregulated "prop firm" does whatever they like. They closed my live funded account "in error" Their system had a "technical difficulty" and closed all my positions and paused the account. When I reported this to them, they admitted fault right away and reinstated the account but weeks later they still refuse to refund me for the losses on the account from the trades THEY incorrectly closed.
This doesn't even mentioned that the trades they closed went onto be big winners. Not even a sorry from them for that.
Their chat support is mostly AWFUL, it will drive you insane. They are often rude, just send prewritten meaningless messages, hard to tell if they are real humans or AI. They cut you off mid chat, promise you updates that never happen, they straight up refuse to open support tickets so you know you will have to explain an issue multiple times because there is no logs of the issue and there's no way for them to update you.
You have to hand feed support every tiny detail, they wont do anything themselves even when they created the whole issue by incorrectly closing my account and they have all the information and chat logs on their system.
If you managed to get your issue escalated past the awful AI bot chat army, the other support will reply to the ticket with an inaccurate reply, accuse you of trying to benefit from their mistake and close the ticket leaving you no way to respond. I was in shock how rude they are.
They also said if I pursue the issue more they will close my account! Truly awful attitude towards customers.
There is no proper way to make a complaint with this company or contact anyone directly higher than the first level of support.
I tried so hard to get them to just resolve my issue.
Honestly, I hate this company. Truly an awful experience and I would NEVER suggest anyone wastes their time and energy with fundednext.
Products used:
Stellar 2-Step
I have successfully completed the first phase with fundednext and they have provide me a honorable certificate. This is amazing.
I have been trading for 5 years and everything you have read bad about them is true. Just go to FTMO if you want a real prop firm.
Products used:
15k funded and all products are a scam from Fundednext. Just run
Didnt got the real answer waht i needed, i have been asking them to explain me the consistency rule in a better way. No one did all they did was copy and paste from their rules dashboard. Until i did really got worried in 3rd weak... in 2nd weak i did asked them do i have the restriction to trade the lot size by the upper and lower limit. They said no their is no restrictions on that. So i didnt mind it but then in 3rd weak after i saw that minimum lot size i can take is 6.69 which doesnt match my trading style now they says that yess i have to be in between upper and lower limit of theirs. And after i gave them screenshot from the last conversation all they said was sorry and to maintain the lot size. And the chat was being closed without asking for any other help or listening to me. They jst gave their own testimony feels like i was being tricked and trap by them. All the proofs are on the given screenshots. It was very disappointing. They have been clear with consistency rule as per their own. I am disappointed by the customer service and thier support. They said two different things two times. Not keeping up with their own words
Tip for consumers:
dont go with express model before u dont understand the consistency rules off their. do the calculation before of the whole 4 weeks
Products used:
express model
Thanks for your review and glad you let us know about it. Our support team are trying to reach out to you. Kindly contact with them for this issues to be resolved as immediately as possible.
Scammer, they don't pay. I had express account, when i try to withdrawal money, they are telling me i broke the rules but i didn't. Waste of time
Refat.
You have breached our consistency rule. Here is the proof: https://prnt.sc/QEEEhyNLObYi
That is why you won't be getting paid this month.
However, don't be disheartened. There is still a chance for you to make up. Wish you all the very best.
Scam firm do not join. How can you trust a firm when they are changing their rules always. They cannot stick to their words
We change our rules for the benefit of our traders. We want to provide the most comfortable trading environment and scope to earn the biggest profit that they desire. And that is why we have and will be modifying our rules if we see the feasibility of it.
Funded Next distinguishes itself with generous discounts on all challenges, offering relatively affordable prices for their challenges compared to other prop firms. The spreads in the challenges are satisfactory, and there is minimal slippage, promoting an efficient trading experience.
However, a difficulty arises when it comes to funding. Four months ago, my girlfriend participated in a challenge on my computer for fun and broke it within a day. Without hesitation, I purchased more challenges. Upon checking my account after successfully completing another challenge, two things were noted. Firstly, the IP addresses had changed, and secondly, a different challenge had been traded from my device months ago. Surprisingly, despite my inability to pass additional challenges, I was not informed of this, and I was allowed to continue trading.
Another critical point is the apparent arbitrariness in applying house rules by Funded Next. This is evident not only in my experience but also in many other reviews mentioning the company's arbitrary application of house rules. This means that the account can be suspended or access denied at any time, and Funded Next regularly exercises this right.
A particularly critical aspect is the rule regarding changing IP addresses, which could be applied to many customers since most internet service providers do not provide fixed IP addresses per customer. This rule appears not only unnecessarily restrictive but also problematic for many users.
In conclusion, I want to emphasize that Funded Next's practices raise significant concerns about credibility and fairness. Despite potential positive reviews, as potential customers, we should be warned that account suspensions seem to occur arbitrarily and can affect up to 10-30% of customers. The rule concerning changing IP addresses, potentially affecting almost every customer, adds to the uncertainties.
It is crucial for customers, when choosing a prop trading firm, to not only focus on potential profits but also carefully examine security and business practices. The risk of being suspended for vaguely defined reasons is significant and should be considered in decision-making. In light of these findings, I recommend potential customers to weigh their options carefully and be aware that profitability might come at the expense of transparency and customer-friendliness.
Scammm compagnie.
Alote of you guys said in the comment that they have an amazing service. Welll. You guys always speak with Robot ai. Thats why you get a amazing respond everytime, but when you face a problem. Forget it.
Then will never help you, just take adventage of you and take you money.
This is a pure honest review for fundednext that you will never get. I been with them long time to tell you that. I was beliving in them i quit FTMO for them but its the biggest mistake that i ever did.
They always public new pomotion that you can never take becuz there are allways something a the promotion is expired.
Or when you ask them if there some promotion coming soon they told you no. An hour after there a promotion.
I told you just the outlook of them.
If you wanna risk your money with them up on you.
I will not enter more in this situation because there alote. Spread, news, manipulation. Alote!
I did the reference programme just to told you how i whose belive in them, i close this $#*! up. I dont want any of my follower to be tricked by them.
I try my best to fix the situation but they dont very care.
So,please Share this post and do not trust them.
Tip for consumers:
lier
Products used:
stellar
Excellent customer service. Signup process was smooth. Nice dashboard. Hope to pass evaluation soon.
Thank you for your appreciation.
The sole purpose of Funded Next is to take your money and tire you out with the most incompetent support ive ever encountered. I did some research and realized their Trusted pilot reviews are all fake/paid reports.
I sent them screen shots of a trade that was regesterd to have triggered at a certain price and was active for a few hours,however the price they posted it closed hadnt been reached since 10 days before.They stick to their guns and are quite aware of what they are doing.They are always having "server issues" which seem to always happen when there is a surge in the market on certain trades that would of been profitable or they dont allow your pending orders to activate at the price levels you want it to.Every imaginable trick and dishonest practice in the book.Even the positve reviews here seem suspect,cause i cant imagine writting a review congratulating a prop firm for "sending me my login credentials quickly" They are legit scammers that know their time is short because word will get around.I RECOMMEND EVERYONE POST THEIR EXPEREINCES ON AS MANY SOCIAL MEDIA SITES AS POSSIBLE AND LET THE COMMUNITY KNOW WHAT THESE LIERS ARE ABOUT.
Tip for consumers:
SPREAD THE WORD ON REDDIT AND ALL SOCIAL MEDIA ABOUT SCAMMERS LIKE FUNDED NEXT.
Products used:
DEMO
January 20,2023 after I did my research, although I have read some negative reviews about this Prop firm I decided to give it a try. Because they had an offer that are very enticing, offers that other prop firm don't have. I Pulled my Card and Purchased 200k evaluation.
After few hours waiting, I have not receive any emails regarding my purchase, so I decided to contact support. They told me that they have not received my payment yet, they need to check it with the un-captured payment that I need to wait for 2 days for them to verify. So I waited.
I verified the transaction from my bank and payment was made to Fundednext. I inform the support regarding the the transaction, that the amount were already deducted from my bank account. They told me to wait until it was manually check.
January 22,2023 I contacted the support again (chat with Nuhash) he affirms that my payment were already been captured and they will provide my account within 14hrs.
Tired of waiting I contacted the support again (Chat with Sadaqat) he retracted the statement of nuhash and told me that they did not receive my payment. I repeatedly show Sadaqat my bank statement and certification showing that my bank already deducted the amount for the said evaluation.
Up until now I have not receive my paid evaluation with them.
Some of you may disagree with me but this is my experience with this prop firm.
Its not my fault if you did not capture my payment, maybe you need to improve your backend so that cases like mine in the future wont happen again on your customers. And please train your Customer service representative for them to know how to deal on such issues.
Not Good for Business
My Hard earned money was lost and it was already credited to this Prop Firm Account.
Just stay Away from this site, sooner or later your hard earned cash will just disappear.
Tip for consumers:
Stay Away for this site
I have noticed that FN increased my spread in live account for my 100k account to 3-7pips for EURUSD while the 15k account spread is same as before (both are real accounts)... This is crazy.
I have taken screenshots of all the details how FundedNext manipulates the spread to prevent good traders from continuing to progress successfully.
End of the story, FundedNext is a scam to me as in the beginning during challenge phases they show raw spreads for major pairs but once funded and took the first payout they start widening the spreads... I mean 5pips spread on EURUSD is daylight robbery lol
I am Funded with MFF and FTMO and I never experienced such a thing... FTMO spread for EURUSD ranges between 0.3-0.5 pips and MFF is maximum 0.6 pips...
But 3-7 pips spread for EURUSD is a joke and it is a clear indication that the FundedNext prop firm is trying to stop good traders from getting profited.
Attached images from today's trades you can see how they manipulate the spread.
Do not get fooled by seeing on the chart the spread is shown low, once you execute a trade or set a pending order, your actual sell/buy price will be 3-7 pips away for EURUD.
https://ibb.co/9p5kVzk
https://ibb.co/8BTztd4
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.
Congratulations dear trader. Wish you all the very best for your trading journey.