Funded Next is a proprietary trading firm that provides funded accounts for Forex traders. The company was founded in 2009 and is based in different countries. It offers up to $200,000 in funding for traders, with up to $4 million in growth potential.
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The company works with a broker who has been offering services for more than 13 years and has an ASIC license.
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The amount that a partner receives after confirming his eligibility varies between two account types, each of which has five plans.
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A partner gets up to 90% profit after the prop business first takes 60% of it.
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A trader can have up to $200,000 in the account after winning a challenge.
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They provide traders with an MT4 trading platform.
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Payouts are firstly made on requested once a month and proceed to once every 14 days.
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A trader uses a demo account to take on a task.
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The company offers an outstanding affiliate scheme that pays you 15% of the fees referred by your friends.
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FundedNext allows you to split your profits while in the challenge phases at 15%.
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The challenge offered by FundedNext has no time restrictions.
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The prop firm does not offer a free plan.
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The trading fees are not revealed by the prop firm until after you begin trading.
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Minimum five days a week of trading.
Funded Next Prop Firm Review
Funded Next is a proprietary trading firm that provides funded accounts for Forex traders. The company was founded in 2009 and is based in different countries. It offers up to $200,000 in funding for traders, with up to $4 million in growth potential. It supports different account plans with various requirements and benefits. Traders can choose between a standard or aggressive risk plan. They can also earn a 60%-90% profit share from their trading profits. All accounts come with a demo trading period and a 15% profit. In this article, we will be exploring Funded Next review by looking at an overview of the prop firm, its pros and cons as well as whether Funded Next is legit or not.
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Overview of funded Next
Funded Next is a 2009-founded proprietary trading firm regulated by the Australian Securities and Investments Commission (ASIC, 391441). The proprietary trading company works with people worldwide and has offices in the United Arab Emirates, the United States, and Southeast Asia. With an expansion possibility of as much as $4 million, it offers up to $200,000. Leverage is limited to 1:100. Funded Next lets traders choose from two account kinds, each with five programs. A partnerās profit split ranges from 60% to 90%, based on how well he does. The difficulties are relatively easy. A participant trades using a demo account to verify his eligibility, but the platform gives him 15% of his profits in real money. The official address of Funded Nextās registration is Office no. 7, AI Robotics HUB, C1 Building, AFZ, Ajman, UAE.
Funded Next prop firm works with people from all around the world is Funded Next. With ten programs and two funding models available, the platform provides traders with up to 90% of their net profit. Every trade is done on the well-liked ĪT4 platform. Although MT5 and other platforms for trading are not now available but will soon be. The company has a proprietary mobile app that allows traders to monitor their account performance and track their progress. It is designed to help traders stay connected to the markets and make informed decisions about their trades. The app also offers educational resources and support for traders. The platform is well-suited for beginner and experienced traders alike. There are no country restrictions, but traders should check local regulations before opening an account. The terms for the company are good and it uses a reputable and well-established broker.
How to Pay Funded Next Evaluation Fee?
FundedNext offers a variety of payment methods for the evaluation fee, including both traditional and crypto-based methods. The company emphasizes its preference for credit and debit card deposits, but it also accepts a variety of other payment methods such as credit/debit cards, bank transfers, Solana, USDC, Perfect Money, Bitcoin, Litecoin, Ethereum, Dogecoin, and USDT (TRC20 and ERC20). This variety allows traders to choose the payment method that is most convenient for them.
Is Funded Next legit?
Yes,Ā the prop firm is legit. Funded Next collaborates with Eightcap brokers. Australian financial services provider Eightcap offers trading services. The following authorities control this financial services provider: The Australian Securities and Investment Commission ( ASIC), The Financial Conduct Authority ( FCA ), The Cyprus Securities and Exchange Commission ( CySEC), and The Securities Commission of The Bahamas ( SCB).
Is Funded Next legit in my country?
Funded Next works with people worldwide and has offices in the United Arab Emirates, the United States, and Southeast Asia. it also depends on your specific country and its regulations. It is best to check with the local authorities to see if Funded Next is compliant with your countryās laws.
Frequently Asked Questions
Does FundedNext allow the use of EAs?
- Funded Next does allow traders to use EAs and indicators. These tools can be a great way to improve trading performance and efficiency. However, remember that these tools are only as good as the trader using them. It is also important to understand how they work and how they may impact your trading strategy
Is the Funded next legit in the USA?
- Funded Next is not regulated by the SEC, which means that the company is not bound by the same rules and regulations as others. However, FundedNext is still subject to the laws of the United States, and it must comply with any applicable regulations.
How much can a trader withdraw from FundedNext?
- A trader is allowed to withdraw up to 15% of their profits during the challenge period in the Stellar, Expresses, and Evaluation mode. This is a unique feature of the companyās models and allows traders to earn some money while they are still proving their trading abilities
- You will receive 60% of the profit on your first withdrawal from your Express FundedNext account; thereafter, you will receive 75%, 90%, and 20% of the profit share. The initial profit split on the Stellar 2-Step and Evaluation FundedNext accounts will be 80%.
What are the payment methods for FundedNext?
- FundedNext offers a variety of withdrawal options such as USDC (ERC20, TRC20), USDT (ERC20, TRC20), Wise, Perfect Money, RiseWorks, and Bank Transfer. The withdrawal methods are convenient, flexible, and fast, making it easy for traders to access their profits. The variety of options ensures that there is something to suit everyoneās needs.
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