FundedNext.com Review (Is FundedNext.com Legit or Scam)

FundedNext.com Review, Is FundedNext.com Legit or Scam, FundedNext, Is FundedNext Legit or Scam, How to Join FundedNext Forex Trading, FundedNext.com Trading App

FundedNext Forex Trading Review | On This Page, You’re Going To Know More About FundedNext Trading App, And You’re Going To Know If FundedNext Is Legit or Fake And Some Other Important Features On FundedNext.com

What is FundedNext Trading?

FundedNext is a subsidiary of a fintech company called Next Ventures. FundedNext offers up to $200,000 funds to financially empower global traders and help them earn full-time. i.e, when you purchase a particular fundednext model plan, the company will fund your account with sum amount of money to use for trading amd you can always withdraw the profit of it. For Example, if you purchase the account of $99, your account will be credited/funded with $15000 to start your trading. etc

Trade like a pro with FundedNext – 90% profits, losses covered & up to 200k funds. No more limits – FundedNext offers 200k funds & 15% profit share from challenges. 2 Funding Models. Flexible Trading Style. 200K Funded Account. Dedicated Account Manager.

FundedNext.com Review – Is FundedNext Legit or Scam?

FundedNext.com Review Is FundedNext.com Legit or Scam – According to my review, it capital letter Yes. FundedNext trading is legit and they are gradually becoming one of the largest prop firm. Traders all over the world are getting their models and reviewing them. 

Here are some comments I get from different sources

1. [Vincent Vicky Victor] The best thing about funded next is that their models are by balance based drawdown. Other prop firms have equity based drawdown rules which are very irritating for a trader.
2. [Matthew Stanton] According to the statement, it seems that FundedNext is considered legitimate based on their track record and unique profit-sharing model. The fact that they offer a 15% profit share from their demo phase is an attractive and unique offering, which sets them apart from other proprietary trading firms.
3. [Preston Ross] Yes they are legit. i have got my first payout and if money is here, even trading in a demo account I am happy with it.
4. [Oscar Smorgon] I’ve been a client of FundedNext for a while now, and I can at least say that they provide what was promised. I noticed a bunch of others have vouched for them for something that they really appreciate, I guess. If you ask for suggestions, I would say go for it. I had my first payout with their demo account, and I think this amount of profit is insane for any prop firm to share with traders during their assessment period.
5. They are pretty good. Although they are new to the market but I have been trading with them from the beginning and thus I am enjoying. already three weeks since I gained my funded account. And on the first payout, I will be earning 150% refund…they are really thinking for the traders I think. But if you are very new…try trading on your own for a time then join a prop firm. their challenges are pretty tricky to understand and moderately tough as well. 
6. etc.

FundedNext.com Review

What Makes FundedNext Different?

• Earn 15% Profit from the beginning

• Keep up to 90% of your profit

• Reach $4M Account Balance

• Get a Dedicated Account Manager

FundedNext.com Review Is FundedNext.com Legit or Scam

Get a Dedicated Account Manager FundedNext designates an account manager for every trader so that you can get any of your queries answered in an instance, all day every day.

Your Journey With FundedNext

FundedNext.com Review Is FundedNext.com Legit or Scam

FunededNext Funding Model Plan

The picture below is the illustration of the fundednext funding model 

Explanation

Here are the explanation of what you see on the picture 

FunededNext Daily Loss Limit

Our daily loss limit specifies that you are permitted to lose 5% of your initial account balance on any given day.

So here is how the calculation works:

Your daily loss limit = the sum of your open and close positions for the day.

This implies that on that specific day, this number should not exceed 5% of your initial account balance.

For example, if you have a $100,000 account, the maximum daily loss limit is $5,000, and you are not allowed to lose more than $5,000 on any given day. Suppose you have lost a total of $3000 in your closed trades. In such a case, you cannot lose more than $2000, including floating losses. Note that swap and commission rates are included in this calculation. If you lose more than $2000, it will be considered a violation.

Similarly, let’s say you gained $5,000 in profit in a single day. In such case, you will be allowed to lose $5,000 (your profit) + $5,000 (your daily loss limit) = $10,000. Loosing more than $10,000 (in both open and closed positions) will be considered a violation.

Let’s look at another case. Assume, like in the previous scenario, that you lost $3000 in a single day. Then you take a trade that is now running at a floating loss of -$2500, but when you close it, it becomes positive $500. If this occurs, according to our calculations, you will have exceeded your daily loss limit the instant your loss exceeds $5000.

Another thing to keep in mind is that your daily loss limit will be reset at midnight according to the server time. As an example, suppose you have gained a $2000 profit in a closed trade and you have a trade that is currently running in -$6000 floating loss. In this case, you still have not violated your daily drawdown for the day because your current daily loss is +$2000 – $6000= -$4000. However, if you hold this one trade with a floating loss of $6000 after midnight, you will breach the daily loss limit because a new day begins after midnight and you have already lost $6000, which is more than your daily loss limit of $5000.

FundedNext Maximum Overall loss

You are allowed to have an overall maximum loss limit of 10% of your initial account balance. Thus, at any time during your whole trading journey, your account balance/equity can’t go below 90% of initial balance. It implies that your account balance/equity should be always over 90% of initial balance to avoid rules violation.

FundedNext Minimum Trading Day

In FundedNext, we want to make things easier for our traders. For this, you only need to take a minimum of 05 individual and separate trades in each trading cycle. You must enter a new trade on at least 05 separate days in the evaluation model. But you can relax, your trading days do not need to be consecutive, and to make things even easier, there is no maximum number of trades that you need to take each trading cycle, as long as you do not exceed your risk. 

FundedNext Average 

Leverage for trading account. 

FundedNext One Time Fee (Refundable)

You are eligible to get back your registration fee once you are a funded trader with FundedNext.

How to Join FundedNext.com (FundedNext Forex Trading) 

1. Goto the “FundedNext Registration” Page or CLICK HERE
2. Click on “Get Funded”
3. Now click on get funded on the funding model you want to purchase
4. Then continue with the purchasing

NOTE:

Any account you purchased will get funded by the company automatically for you trading.

1. For Example, if you purchase the account of $99, your account will be credited/funded with $15000 to start your trading. 
2. If you purchase the account of $199, your account will be credited/funded with $25000 to start your trading. 
3. If you purchase the account of $299, your account will be credited/funded with $50000 to start your trading. 
4. If you purchase the account of $999, your account will be credited/funded with $200000 to start your trading.

Make sure you re-read the fundednext funding model plan very well to understand how to manage the money and how to use it to make good profit without violating the company.

FundedNext FAQ

There are a lot you can learn from the fundednext FAQ that will really help you more on how funded next work, just CLICK HERE to read more. 

FundedNext Communities 

Here are the community of fundednext you might want to join for updates

• Fundednext Official Discord – JOIN NOW
• Fundednext Official Telegram – JOIN NOW
• Fundednext Official Facebook – JOIN NOW

In Conclusion 

FundedNext.com Review Is FundedNext.com Legit or Scam

The information on the Website is provided solely for analysis purposes only and should not be construed as financial, investment, tax, or other advice. Nothing on the Website or in our Services represents a solicitation, advice, endorsement, or offer to purchase or sell stocks or other financial instruments by FundedNext, its agents, employees, contractors, or any connected entities. You are solely responsible for assessing the benefits and risks associated with the use of any information or other content on the Website. All investments include substantial risk, and an individual’s investment decisions are solely his/her obligation. All information on the Website is provided “as is”, with no guarantee of completeness, accuracy, timeliness, or of the results obtained from the use of this information, and without warranty of any kind, express or implied. FundedNext, or its partners, employees, or agents, shall in no way be responsible to you or anyone else for any decision made or action taken in reliance on the information on the Website, or for any consequential, special, or similar damages, even if warned of the potential of such damages. Purchases should not be regarded as deposits. All program charges are utilized for working expenses including, however not restricted to, staff, innovation, and other business-related costs. Thank for reading my review on fundednext.com, I hope you find what you’re searching for.

Also Check through our website for more Updates on different ways on “How to make money online”  – CLICK HERE.