FundedNext provides forex, commodities, and indices trading opportunities. The platform belongs to an entity known as “GrowthNext F.Z.C,” both of which are based in the United Arab Emirates.
FundedNext provides funded accounts, offering trading capital up to 200,000 USD. It all depends on the selected account and the company’s evaluation of the trader’s qualifications as shown in the table below:
FundedNext Accounts And Pricing Table
| Funded Account Type | Funding Amount | Price |
| 1. Express Challenge Accounts | $6000 | $49 |
| $15,000 | $99 | |
| $25,000 | $199 | |
| $50,000 | $299 | |
| $100,000 | $549 | |
| $200,000 | $999 | |
| 2. Stellar Funded Accounts | $6000 | $59 |
| $15,000 | $119 | |
| $25,000 | $199 | |
| $50,000 | $299 | |
| $100,000 | $549 | |
| $200,000 | $999 | |
| 3. Stellar Lite Challenge Accounts | $6000 | $32 |
| $15,000 | $79 | |
| $25,000 | $139 | |
| $50,000 | $229 | |
| $100,000 | $399 | |
| 4. Evaluation Challenge Accounts | $6000 | $49 |
| $15,000 | $99 | |
| $25,000 | $199 | |
| $50,000 | $299 | |
| $100,000 | $549 | |
| $200,000 | $999 |
To be eligible for a FundedNext funded account, you must pay a fee and pass a challenge. Fees vary depending on the accounts. The challenge, on the other hand, involves simulated trading. It enables the company to evaluate your trading skills and decide whether you’re eligible for the funded account.
Is FundedNext Free?
The short answer is NO. The funded accounts are valued from $32 to $999, depending on the account size you select. However, the FundedNext broker also offers a free, non-funded, 14-day trial account to give you insight into the firm’s proprietary trading environment. To continue trading after the expiry of your FundedNext free trial account, you’ll need to pay to access a funded account.
It is also worth stating that FundedNext offers free trading competitions per month. These competitions allow traders to compete for exclusive rewards. The top 100 traders usually receive cash prizes of up to $7,000.
Will I Get a Refund If I Fail To Qualify for a Funded Account Or Decide To Opt Out of FundedNext?
To answer the question, YES. However, certain terms and conditions apply as outlined below:
- The company will refund you ONLY if you’ve not initiated trading within 7 days of registering. Once you commence trading, you’ll not be able to get a refund.
- What’s more, if you request a refund after 7 days from the date of your payment, you will not be able to get a refund.
Is FundedNext Available In My Country?
The company is intended for global clients, providing trading opportunities to individuals worldwide. However, due to certain constraints, residents of the countries listed below cannot access its services:
- Bangladesh
- North Korea
- Syria
- The United States
- American Samoa
- Puerto Rico
- Grenada
- Chad
- Belize
- Antigua and Barbuda islands
- Cape Verde
- Tuvalu
- Vietnam
- Bouvet Island
- Burundi
- Cook Islands
- Eritrea
- Comoros
- Fiji
FundedNext Coupon Code
FundedNext offers discount coupons exclusively to its affiliates. These coupons provide discounts ranging from 5% to 8%, depending on the affiliate’s tier—the higher the tier, the greater the discount. Unfortunately, if you’re not an affiliate, you won’t be eligible for any coupon discounts. Email support@fundednext.com for up-to-date information on current coupon discounts.
Who Owns FundedNext?
A company called “GrowthNext F.Z.C.” According to Cruchbase, the company belongs to a guy known as “Abdullah Jayed”, an entrepreneur from Bangladesh. Mr. Jayed is also the founder of a fintech firm known as “Next Ventures”.
Is FundedNext real or fake?
FundedNext is a legitimate entity, and here’s why:
First, it has received endorsements from prominent figures, including well-known sports personalities, which adds credibility to its reputation.
For instance, former West Indian cricketer Chris Gayle endorsed FundedNext in an interview. You can watch the video here.
Similarly, former New Zealand cricketer Colin Munro also backed FundedNext. You can view his video, where he encourages traders to join the platform, by clicking here.
Additionally, the company interviewed footballer Emi Martinez as part of its marketing campaign. The interviewer explained that he chose to speak with the Aston Villa goalkeeper because he believes trading shares similarities with being a professional athlete. Watch that interview by clicking here.
Secondly, it’s highly rated on Trustpilot with 4.5 stars out of over 19k reviews. Many users award it 5 stars, which shows that the majority of customers are satisfied with its services. This high rating reflects its genuine, trustworthy, and reliable nature.
What Is The Minimum Withdrawal Amount?
The MWA depends on the payout method you choose. For instance, the company supports the following payout methods:
- Perfect Money—the minimum withdrawal amount is $20.
- RiseWorks—the minimum withdrawal amount is $50
- Crypto—the minimum withdrawal amount is $50.
NB: It’s good to ensure that you have a minimum balance above $21 to be able to withdraw your funds without issues.
FundedNext Drawbacks
- The Live Chat system kind of hangs like it has a bug. When you send an inquiry, the AI agent takes a while to respond rather than responding in real-time as should be the case in Live Chats.
- What’s more, conventional payout options like card, bank transfer, PayPal, and Wise are not available on FundedNext. The lack of these options is a significant drawback for traders for several reasons. These include inconvenience, increased costs, as well as trust and security concerns.
- FundedNext does not have the most important license; an industry-specific regulatory license. Businesses normally require at least two types of licenses:
- A local business license.
- A regulatory license.
The former is normally issued by local authorities, such as county, city, or state governments. This license typically ensures that a business complies with local laws, zoning regulations, as well as tax policies.
On the other hand, a regulatory license enforces industry standards and regulations. In addition to a business license, many businesses also have it.
In short, this company is unregulated, which can expose investors to significant financial risks as I stated in this review of the Quotex trading platform.
However, it claims that its lack of regulation is because it operates under a unique framework where it doesn’t handle client funds or conduct trading on behalf of the public. This supposedly means that it’s not subject to conventional financial regulations that typically apply to online trading services.
Final Thoughts
In summary, FundedNext is a reliable online trading platform that offers a unique approach to trading. By providing funded accounts, the company allows traders to access more opportunities without investing a significant amount of money. For instance, for as little as $32, you can get a trading account preloaded with $6,000. The best part is that you get to keep up to 95% of your profits. FundedNext has a solid reputation among its customers, and we highly recommend it.
Recover Your Money
Have you fallen victim to a fraudulent online trading platform? If so, click here to report the scam and pursue your funds. Or email scamread@scamreader.info.
Attractive section of content. I just stumbled upon your blog and in accession capital to assert that I get actually enjoyed account your blog posts. Anyway I will be subscribing to your augment and even I achievement you access consistently fast.