I would appreciate forum members’ feedback, especially from those who have any personal experience while dealing with the FundedNext Proprietary Firm.
Thanks
No experience, here. But many of the online reviews really seem pretty horrendous? What interested you in this one?
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I checked the ScamAdviser trust score, which was 100/100 (check screenshot and link)
that’s why I was curious to ask this:
I looked a lot at prop firms before Christmas. I did not yet start with one, though. My system is not yet good enough to pass.
What I saw on the web about Funded Next put me off immediately. I definitely won’t try this one.
I understand your question, of course. But if you wish to hear from people who tried it maybe by selecting these people you will hear only from people who failed to discover the reasons to avoid the firm and so your responses will also be selected from one side rather than mixed?
But also it’s possible nobody here tried FN, because all were put off by looking online like me and used other prop firms instead?
Sorry if I’m unhelpful. I comment only, I don’t criticise.
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You need not to say sorry. You just posted your opinion … that’s fair.
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Have you seen this?
Yes, this is called Influencer marketing. These are all the details that are available on the FundedNext website https://fundednext.com/
I’m sorry you think so. I have a higher opinion of the site than that.
There are also many customer reviews there, and unlike many review sites, in order to get a review published on that site, people actually have to prove, first, that they’re genuinely a paying customer, so I thought it might be pretty interesting for you.
I wish you good luck with whatever you’re looking for.
I just wanted to reconfirm whether the scamadvisor trust score is correct about them.
Thanks for your well wishes @SchmaltzHerring
P.S. Yes, I have checked the reviews of Funded only people about FundedNext here Reviews | Prop Firm Match. These are telling different stories.
Funded only people? You wish to read only the reviews of people who were successful? For me, that feels like asking for reviews of a broker only from people who had no problems with it. Again, I comment only, not criticise, but again it might not be the whole story, just one side?
Like others above, I wish you good luck.
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When selecting All Reviews, found same results.
Check the overall rating 4.5
Thanks for the well wishes, but I am still not convinced with the above website link and reviews about Funded Next
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Hi @TYGMedia
Since you have a vast experience of working in Financial Market, would you like to provide your feedback on Funded Next Proprietary Firm?
Thanks
Hi @Sufshiken,
I traded with few Prop Firm before. Some kicked me out due to their regional policy and some was I got scammed, either by trading’s rule violation or their exit strategy.
I only have 3 that I’m still using, but I use them conservatively. Every prop firm actually has their problems. It can never compete with our private account. When your method can help you earn profit to 50% in your private account, turned out to be violation of rule by them. Even though you make profit, you can’t redeem them that let me question what happens with profit I made.
I often see price different during critical moment, so I feel their market price is unreliable. It can be a mistake when I only use one monitor to trade, the fact is I have 20 monitors, during good momentum, I will use at least 6 of them to trade, so the anomaly can bee seen clearly.
The same with the firm you are asking, my experience with them is considered average. I’m actively trading with 15 brokers. There were times, the price moved differently. I don’t know if it’s due to different Liquidity Provider, but it’s also confusing since the brokers that I’m using have different LP all over the globe can move almost similar.
So, my opinion is, prop Firm can never be relied on. Unless you know clearly how they operate, such as: source of your traded fund, profit sharing between trader, prop firm and fund owner, broker or liquidity provider and finally regulator. There are few prop firm very open with these, but most of them not. But, we don’t really need to concern about this, just limit ourselves, claim your profit regularly. Don’t be too greedy and depend on them. When there is time to stop, accept it without any regret. 
Note: There were few time, I didn’t claim my profit. When the firm was closed, all the money was gone 
… One more thing, some of them are vehicle for cleaning up dirty money, so don’t depend on them …
WOW! Can you share a picture?
Interesting. It has to be the LPs or they’re scamming, right?
Hi @samewise,
My apology for not to. In the past, it became source of conflict for being real or fake. Less exposure is better.
I don’t know for sure. Perhaps there are other possibilities. More parties are involved in the business, the muddier the water will be. Always play safe no greediness …
Hi @TYGMedia and thanks for giving your detailed response to my post.
But why do they do that when they get profit using your trading strategy? And what was their response when you contacted their customer support?
It could be a reason to make less profit payments to the Prop Traders. So, they provide a Simulator or Demo account to trade and use traders’ trading strategy by coping it on their Live account (Funded Next mentioned this at their website)
I have registered with their Free 14-day trial account and have completed their TP and SL as per their instructions in just two days of trading.
They promise to pay 95% profit share. Is that correct?
[/quote]
Does Funded Next qualify for these tests?
So true and good suggestions.
I checked ScanAdvisor Reviews and the link shared by @SchmaltzHerring about the Funded Next Reviews, which showed 100/100 TrustScore and very positive reviews on these websites.
[quote=“Sufshiken, post:5, topic:1273002”]
Oh, so sad to hear it. I have also read about those scams prop firms that disappeared and people lost their investments as well as profit.
However, thanks for you feedback and guidance about the Prop Firms.
Hi @Sufshiken,
Base on my discussion with some prop firms, they told me, many prop firms don’t make money. They operate just like start up. They may have profit from rebate and the master account.
You are correct, we trade on demo account (fake money). They have software to copy trade our demo account to their real fund. The account is considerable big, for example when our account is 5k, the actual fund probably 50k. So when we make profit let say, 10% which is 500 USD, they actually made 5k USD. They share with us the profit 95% from 500, which is less then 10% their total profit, 5k.
In order to have good result, we have to open position when market is calm. Reason, their system can’t follow our position during volatile moment. So, this is the reason, they forbid making position during news. When we can make profit, because the copy trading system has delay, they don’t make money.
When there is discrepancy, they will use their trading rule as the shield. It will useless to argue with them.
I think 95% profit cut has been explained by story above 
… They make more profit.
I don’t want to get sued by them, but for me they are moderate, so so … neither good or bad. Little little bad probably 
As long as you have no problem, you can assume it’s true. The one who got problem will be banned to put some review. No offence, Trust Pilot is marketing tools. Who else so fools to let themselves badly reported 
If they got caught, they will make excuses to safe their business. If I owned the company, I will also do the same
There is rumors, that some naughty prop firms will do trick to their clients. They want to clean up some of our profit. So they have less liabilities to pay. So be careful to prop firms, in particular the newly born in 2024/2025. You need to be careful to trade with them,
One more thing, when you made 100 orders, the actual order will be less than yours. They will sorting out our order. When they feel our position is not good, they will reject it. So trading in a prop firm, is considered as a fake trading. 
Yes, this is what I was referring to, they pay 95% of the profit according to our account size. Whereas, they get huge profits by copying our trading strategy.
So why do they try to cheat with their traders?
Okay, noted 
Yes, that’s what I told to @SchmaltzHerring
Thanks, noted.
So, the conclusion is that just to avoid doing Prop trading and focus on trading with own money.
Thanks a lot for sparing your time to discuss these issues in detail.
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My conclusion is different. It is just to avoid forex prop trading and focus on futures prop trading, seems very safe and without the problems from all I saw and heard. But with all the advantages. And more. Just my opinion.
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Have you done any research on it? Have you selected any prop firm for your future trading as a Prop Trader?
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