If I could give zero stars, I would. Please read this before you give FundedNext a single penny.
I bought their Stellar 1-Step Challenge, followed all their risk management rules, passed, and got funded. I was trading well and built my funded account equity up to nearly $54,000.
Then, on March 18th, right in the middle of active, profitable trades, they locked me out. My MT5 terminal literally said "Disabled on Server." No warning, no rule breach, just completely shut down by them.
I went back and forth with their support team, and on March 24th, they admitted in writing via email that this was a "procedural error" on their end. You would think a legitimate company that admits a technical mistake would just restore your account balance to what it was, right? Wrong. They completely refused to restore my full equity and essentially wiped out my $4,000 in profit, directly violating the "Fair Dealing" and "Financial Incentive" clauses in their own contract.
They use the term "Signal Provider" in their terms to try and avoid financial regulations, and if you start making actual money, they will conveniently have a "technical glitch" to lock you out and keep your funds.
DO NOT TRUST THIS FIRM. The moment you are profitable, the "errors" will start, and your money will be gone. Save your time, save your challenge fees, and go with a prop firm that actually pays its successful traders.
If I could give zero stars, I would. Please read this before you give FundedNext a single penny.
I bought their Stellar 1-Step Challenge, followed all their risk management rules, passed, and got funded. I was trading well and built my funded account equity up to nearly $54,000.
Then, on March 18th, right in the middle of active, profitable trades, they locked me out. My MT5 terminal literally said "Disabled on Server." No warning, no rule breach, just completely shut down by them.
I went back and forth with their support team, and on March 24th, they admitted in writing via email that this was a "procedural error" on their end. You would think a legitimate company that admits a technical mistake would just restore your account balance to what it was, right? Wrong. They completely refused to restore my full equity and essentially wiped out my $4,000 in profit, directly violating the "Fair Dealing" and "Financial Incentive" clauses in their own contract.
They use the term "Signal Provider" in their terms to try and avoid financial regulations, and if you start making actual money, they will conveniently have a "technical glitch" to lock you out and keep your funds.
DO NOT TRUST THIS FIRM. The moment you are profitable, the "errors" will start, and your money will be gone. Save your time, save your challenge fees, and go with a prop firm that actually pays its successful traders.