Funded Next Overview
Proprietary trading firm Funded Next works with the Eightcap broker (was founded in 2009 and is licensed by the Australian Securities and Investments Commission – ASIC). The prop (proprietary trading) firm has offices in the UAE, USA, and Southeast Asia and works with residents of all countries.
It provides up to $200,000 with a growth potential of up to $4 million. The maximum leverage is 1:100. Funded Next offers 2 account types with 5 plans in each, which allows traders to select the best options. A partner’s profit share is 60%-90%, depending on his performance. The challenges are quite easy. To confirm his qualification, a user trades on a demo account, but the platform pays him 15% of his earnings in real funds. After that, the limits are minimal: at least 10 trading pays per month, up to 5% daily drawdown, and up to 10% overall drawdown. Partners trade on MetaTrader 4, MetaTrader 5 and can use the prop firm’s proprietary mobile app for account control. Scroll to the bottom of the page for more detailed information.
Funded Next Summary Information
| 💰 Account currency: | USD |
| 🚀 Minimum deposit: | $59 |
| ⚖️ Leverage: | 1:100 |
| 💱 Spread: | No |
| 🔧 Instruments: | Currencies, indices, and commodities |
| 💹 Margin Call / Stop Out: | No |
- 15% Profit Sharing from Challenge Phase
- Packages starting from 59 USD
- Raw Spreads & Lowest Commissions
- 15% Profit Sharing from Challenge Phase
- No Time Limit on Challenge Phase
- Limited customer support
- Long waiting times for account openings with crypto
FundedNext is a proprietary trading firm that has launched today, on the 18th of March 2022 and by the looks of it, they can be a tough competition to some of the already established prop firms in the industry. Their prop trading firm is in development for two and a half years and is striving to become the finest prop firm platform in the industry. They have a massive team with several departments with a mission to give traders access to funds. FundedNext CEO is Abdullah Jayed, who you can also hear from in the video below where he explains the logic behind the development of his proprietary trading firm.
FundedNext has its offices located in UEA, USA, UK, and Bangladesh. You can have a slight glimpse of what their goals are in the video above, where their CEO goes through what FundedNext is all about.
So, are you interested in what you learned so far? If so, FundedNext could be the proprietary trading firm for you!
Funded Next Package and Prices
The prices of Funded Next Stellar packages are as follows;
| Funding Amount | $6,000 | $15,000 | $25,000 | $50,000 | $100,000 | $200,000 |
|---|---|---|---|---|---|---|
| Price | $59 | $119 | $199 | $299 | $519 | $999 |
Funded Next Withdrawal Options
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A trader’s first profit is 15% of the funds earned from the challenge (even though challenges are taken on demo accounts);
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When trading on real accounts, traders get 60-80% of the profit earned and can potentially raise the payouts to 90% (the rest goes to the prop firm);
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At first, funds can be withdrawn only once in 30 days. Later, withdrawals become available on request once in 14 days;
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Traders can withdraw funds to bank cards, electronic or cryptocurrency wallets, or via bank transfers;
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Profit can be withdrawn in USD or popular cryptocurrencies like BTC or ETH. Automated conversion is available;
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Withdrawal requests are processed within several days.
Funded Next Withdraw Profits
Funded Next Evaluation Model
You can request a profit withdrawal from the client dashboard at the end of your trading cycle. You will receive your first profit after 4 trading weeks, and from the second payout onwards, you are eligible for a withdrawal every 2 trading weeks. The cycle will start once you place the first trade in your real account and will be applicable for each consecutive cycle. The earnings from your accounts will be sent to you on a request basis using one of our payout methods. Payout methods include Perfect Money, USDT/Tether and Deel (Bank Transfer, Coinbase, PayPal, Payoneer, Revolut, Wise, and Deel Card). We’re committed to disbursing your payment within 1–3 working days. It is suggested that you contact your account manager in case you do not receive a payout at this time.
Funded Next Express Model
You can request a profit withdrawal from the client dashboard at the end of your trading cycle. Fundednext will pay the profit from your accounts every month. The earnings from your accounts will be sent to you on a request basis using one of our payout methods. Payout methods include Perfect Money, USDT/Tether and Deel (Bank Transfer, Coinbase, PayPal, Payoneer, Revolut, Wise, and Deel Card).
We’re committed to disbursing your payment within 1–3 working days. It is suggested that you contact your account manager in case you do not receive a payout at this time.
Funded Next Customer Support Service
The Funded Next technical support service works 24/7, but may not respond promptly enough, and its available channels do not include a call center.
👍 Advantages
- Tech support can be contacted by unregistered users
- Email and online chat are available around the clock through browsers or the mobile app
👎 Disadvantages
- No call center
- Sometimes you have to wait a while for a response
Funded Next’s traders can contact tech support in three ways:
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email;
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a chat on the website or in the app;
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a form on the website (response will be by email).
The prop firm has official accounts on Facebook, Twitter, Instagram, and YouTube, where relevant information is published. You can also join the company’s Discord or Telegram community. All the links are included in the website’s footer.
Funded Next Reviews
I had to claim a giveaway I had won, so I had to contact customer support, at first I thought they will take days to respond to me, as this is what I have experience with other firms but FundedNext responded back in less than 2 hours. Great firm that shows that they care about their customers. Truly amazed with my experience.
FundedNext is a very healthy community. Their supports are really easy to reach out if you have any concerns! FundedNext challenges every traders out there. It helps a lot for those peeps out there which don’t have capital to start. They give unlimited opportunities 🙂
Funded Next Contacts Information
| Registration address | United Arab Emirates Office no. 7, AI Robotics HUB, C1 Building, AFZ, Ajman, UAE |
| Regulation | ASIC |
| Official site | fundednext.com |
| Contacts | Email: [email protected], |
Funded Next Social Media – Community
- Funded Next Discord Channel
- Funded Next Facebook Group
- Funded Next Twitter Account
- Funded Next Instagram Account
Funded Next Website
Below is the official website of Funded Next Prop.
Funded Next Discount Code
Looking for a discount coupon for Funded Next? We have listed the latest discount coupons for you below.
Funded Next’s Competitors
Apart from Funded Next, the following companies may also be of interest to you;
Bespoke Funding offers up to: $400,000 funds to financially empower global traders and help them earn full-time.
No Maximum Trading Days, No Style Restrictions, Receive 80% of profits, No Scaling plan required
Drawdown Blocker, Freedom to scale up to a 20% drawdown, 1 Step Challenge Option, Monthly Salary, Monthly 1-on-1 coaching, Funded Engineering has great features that no other company has.
Funded Next is a really good company. I haven’t received a funded account yet, but Phase 2 will be over soon.