Members' feedback on Funded Next Prop Firm

[TYGMedia]

@Sufshiken

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?

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.

@Sufshiken

They promise to pay 95% profit share. Is that correct?

I think 95% profit cut has been explained by story above … They make more profit.

@Sufshiken

Does Funded Next qualify for these tests?

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

@Sufshiken

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.

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.