FundedNextReviews 556

I had a terrible experience with FundedNext due to their highly questionable chart data. On the day of the CPI release, their charts showed a massive gap that did not exist on any other provider listed on TradingView. This "phantom gap" unfairly triggered my daily loss limit, even though my trading history for that day clearly showed that I was still within the limit—even after the manipulated price action. This kind of price manipulation is unacceptable, and it raises serious concerns about the legitimacy of their data feeds. No other broker had this issue, which makes me believe this was intentional rather than a technical error. Traders rely on accurate charts, and FundedNext has proven to be unreliable and untrustworthy. I would strongly advise against using this platform.

They straight-up closed my live funded account "by mistake"—their system had some so-called "technical difficulty" that wiped out all my trades and put my account on pause. When I called them out, they immediately admitted it was their fault and reinstated my account. But guess what? Weeks later, they still won't refund me for the losses THEY caused. Absolute joke

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.

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 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...

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.

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...

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.

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?

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!

The never pay you! I passed the challenge with an account of 100K. Then I got 3k in profits and blocked the account with no reason.
THIEVES!

I used to be a strong supporter of FundedNext until they recently scammed me. As a conservative news trader, I had been actively trading for over 5 months and was on the verge of passing their challenge. Suddenly, I received an email from FundedNext stating that suspicious activities had been detected in my account. They provided a screenshot showing that another trader had been trading around the same time as me. While it's common for news traders to trade during news events, the trades between me and this other trader were not identical. They differed in terms of open time, close time, lot size, and price. The only similarity was that some trades were opened at the same minute (e.g., 05:29 PM).

I have a very very strong justification and evidence are available upon request, I explained to FundedNext that this similarity is merely because both of us were news traders. Some of the trades were opened slightly before or after mine, but there was no exact match. Additionally, I pointed out that I had successfully passed the first phase of the challenge using my own strategy, so why would I copy someone else's?

Unfortunately, FundedNext failed to provide any further explanation. Instead, they cited their Section 18 of customer service, which allows them to terminate the agreement if a customer fails to comply with the terms. This experience has been extremely disappointing and unethical. Despite referring many customers to FundedNext, they have fallen far short of my expectations. It appears that they terminate contracts as soon as traders become profitable. I am sharing my very honest review and I would like an explanation and re-investigation from FundedNext. I attached some communication snapshots between us for public awareness.

Becareful with this company, they will take your money and not pay you out. 100% Scam, do not trust them. You will end up opening a case of fraud with your bank in order to retrieve your funds

They are not accommodating!

During my challenge, I experienced a bug with my EA (Expert Advisor) on my 15 and 100k Challenge, which resulted in multiple trades being opened and closed within fractions of seconds.

The next day, I received a message stating that I had violated prohibited practices because my account was flagged as HFT (High-Frequency Trading). I clarified, sent screenshots of the journal terminal, explained the issue, and offered to have all trades from yesterday canceled.

However, Fundednext insists on adhering strictly to their terms and conditions. This incident occurred only once throughout the entire challenge. It's a pity they are not willing to compromise. I understand they want to protect their environment, but refusing to budge an inch is just terrible.

Once again, at no point did I violate any rules, as I did not use an HFT bot or engage in HFT. A bug in the EA triggered this.

UPDATE: 10.01.24
I wrote about the incident under their Instagram posts to warn others. My comments were deleted three times, and now I'm blocked. Why not address the issue and find a solution together?! This is demonstrably provable through screenshots.

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.

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.

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.