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Attachments: FundedNext : Our Fund, Your Profit
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FundedNext : Our Fund, Your Profit

  • #21
  • May 11, 2022 1:39am May 11, 2022 1:39am
Quoting Mtinifx
{quote} I never paid for an account so I never had an account manager. I wanted to purchase but when I tried to apply the discount, a red box came up saying "coupon not valid". Since then, I complained to their support and have had absolutely no response except about a week ago asking me if I wanted to pay by credit card. I have no idea who is in charge of this crowd but after this experience, I would definitely give them a miss! Of course, I'll be interested to follow your experience if you get to funded stage. Good luck...
Ohh I understand, I'll take the risk on behalf of the community and I'm also documenting the journey aswell. So I'll post the results here good or bad. Hopefully good lol
"Cut your loses short and let the winners Run"
  • #22
  • May 11, 2022 5:35am May 11, 2022 5:35am
I am a funded trader of fundedNext and received my first payout last week. I mostly do scalp trading and never faced any issues. Try talking to your account manager if you are facing trouble. I have never been unanswered once even though I got a delayed reply. If not try contacting them via social media. lol, they are so active there.
  • #23
  • May 11, 2022 5:38am May 11, 2022 5:38am
Quoting maflip
I was gonna sign up for the $15k eval just to see your service. However I changed my mind due to the 30 secs rule. Hitting TP in 30 secs is rare but what if all of the sudden there is unexpected market volatility. This will be an excuse to kick out a trader. And what is the 100% increase/decrease in lot size violation rule. I thought there is no consistency rule in eval model? You should relax your rules just like FTMO. I'll keep watching your website for a more relax rule. For the meantime I'm staying with FTMO. Thanks
First of all, there is no consistency rule in the Evaluation model. We have 30 seconds rule to check the arbitrage traders. In general, there is no issue to open & close within 30 seconds. Only if there is a 100% lot size increase/decrease in your lot than your average lot preference then only we will consider it as a violation. Even if your SL/TP hit within 30 seconds, we do not consider it a violation.
  • #24
  • May 11, 2022 5:58am May 11, 2022 5:58am
Quoting Mtinifx
There seems to be a lot of these new prop firms surfacing and then submerging after a few weeks or months. Some examples: Tradersprop, Finotrader, Tentoptraders If these guys are any different, time will tell but they have not got off to a good start as far as I'm concerned!
Attached File(s)
File Type: ex4 XCODE.ex4   13 KB | 217 downloads
can you please help me make this indicator an MTF
  • #25
  • May 12, 2022 5:36pm May 12, 2022 5:36pm
Quoting joycometh
{quote} {file}can you please help me make this indicator an MTF
Hi mate

Rather PM me with any requests - I don't often check these threads

You would have to send me the mql4 file. The .ex4 file cannot be amended. In any case, it is MTF
  • #26
  • May 18, 2022 7:10am May 18, 2022 7:10am
Well I subscribed to a 50k evaluation challenge with these guys. The spreads are very acceptable so let's hope for a reasonable payout in a months time or so. (If I succeed in passing of course)
  • #27
  • May 23, 2022 2:08pm May 23, 2022 2:08pm
Just an update as promised... These guys do offer a free retry if you are in profit and don't break any of the rules.

I started new challenge again today I reached the profit target same day. Hopefully after phase 2 I can make a withdrawal and see how efficient they're. But so far so good and good spreads aswell
Attached Image(s) (click to enlarge)
Click to Enlarge Name: m5 entry.jpg Size: 100 KB
Click to Enlarge Name: Screenshot_20220523-202821_FundedNext.jpg Size: 179 KB
"Cut your loses short and let the winners Run"
  • #28
  • May 24, 2022 5:14am May 24, 2022 5:14am
Hey, I have passed your phase 1 in six days. but as per the requirement, I had to do small trades for the rest of the week. can you please stop this days restriction?
  • #29
  • Jun 1, 2022 5:39am Jun 1, 2022 5:39am
Quoting Mtinifx
I'm still waiting to hear why the 5% coupon was withdrawn when it was still offered on the website! I sent an email to the support over a week ago - still, no response AVOID THESE PEOPLE IS MY ADVICE!!
Currently, there is no coupon available on our pricing plan. However, with FundedNext, your one-time purchase payment is refundable on the first payouts on your funded account. So technically there is zero investment other than your trading skills and expertise. Thanks for your feedback.
  • #30
  • Jun 1, 2022 5:39am Jun 1, 2022 5:39am
Quoting meck1
{quote} Did you try and reach your account manager via telegram for a quick response? I had missed the profit target with them and I contacted the account manager and they gave me a free retry. It's abit too early to call them scammers. Let me see how this challenge goes though
We are glad to help you. Thank you for your kind words.
  • #31
  • Jun 1, 2022 5:45am Jun 1, 2022 5:45am
Quoting Mtinifx
Well I subscribed to a 50k evaluation challenge with these guys. The spreads are very acceptable so let's hope for a reasonable payout in a months time or so. (If I succeed in passing of course)
Yey. We are glad that you onboarded with us. Wish you all the very best on behalf of the whole FundedNext Team.
  • #32
  • Jun 2, 2022 6:00am Jun 2, 2022 6:00am
Quoting maflip
I was gonna sign up for the $15k eval just to see your service. However I changed my mind due to the 30 secs rule. Hitting TP in 30 secs is rare but what if all of the sudden there is unexpected market volatility. This will be an excuse to kick out a trader. And what is the 100% increase/decrease in lot size violation rule. I thought there is no consistency rule in eval model? You should relax your rules just like FTMO. I'll keep watching your website for a more relax rule. For the meantime I'm staying with FTMO. Thanks
We do not consider this case a violation.
  • #33
  • Jun 3, 2022 10:38pm Jun 3, 2022 10:38pm
Hi! I would just like to confirm what I learned from Live Chat a while ago.

Is my understanding correct that as a funded trader, you can only withdraw your refund on the registration fee plus the 15% share of the profits gained during Phase 1 and 2 of the Evaluation IF you are eligible for a payout (in other words, profitable) at the end of the bi-weekly trading cycle?

Does this mean that if you happen to reach your maximum DD --and presumably lose your account-- you won't get paid anything at all?
Amor Fati--F. Nietzsche
  • #34
  • Jun 5, 2022 3:42am Jun 5, 2022 3:42am
Quoting doji
Hi! I would just like to confirm what I learned from Live Chat a while ago. Is my understanding correct that as a funded trader, you can only withdraw your refund on the registration fee plus the 15% share of the profits gained during Phase 1 and 2 of the Evaluation IF you are eligible for a payout (in other words, profitable) at the end of the bi-weekly trading cycle? Does this mean that if you happen to reach your maximum DD --and presumably lose your account-- you won't get paid anything at all?
I'm sure the same rule applies to even FTMO, you can only get your initial fee refund the day you make your first withdrawal on your "live" account.
"Cut your loses short and let the winners Run"
  • #35
  • Jun 7, 2022 1:23am Jun 7, 2022 1:23am
Quoting doji
Hi! I would just like to confirm what I learned from Live Chat a while ago. Is my understanding correct that as a funded trader, you can only withdraw your refund on the registration fee plus the 15% share of the profits gained during Phase 1 and 2 of the Evaluation IF you are eligible for a payout (in other words, profitable) at the end of the bi-weekly trading cycle? Does this mean that if you happen to reach your maximum DD --and presumably lose your account-- you won't get paid anything at all?
Yes, with Evaluation Model, this is the first time payout structure.
  • #36
  • Jun 7, 2022 11:36pm Jun 7, 2022 11:36pm
Like to try your 100000 evaluation but I think that 10 minimum days is too long
  • #37
  • Jun 8, 2022 7:01am Jun 8, 2022 7:01am
Quoting fundednext
{quote} Yes, with Evaluation Model, this is the first time payout structure.
Thanks for the clarification -- and, more important, for the vastly improved trading experience now that I'm a funded trader.

Got a couple more questions if you don't mind:

1. Do trades have to be closed at the end of the bi-weekly cycle, whether or not one is expecting a withdrawal? (I noticed that my position got closed even though it had not reached my SL nor my TP on my Evaluation account).
2. Is making a withdrawal bi-weekly optional?
Amor Fati--F. Nietzsche
  • #38
  • Jun 11, 2022 4:18am Jun 11, 2022 4:18am
Quoting Bizziebee
Like to try your 100000 evaluation but I think that 10 minimum days is too long
Dear Trader,
We appreciate that you are considering being a part of FundedNext. We can't be any happier to welcome you and give you the best trading experience that you may think of.
However, as FundedNext is providing a 15% profit share from the assessment phase, Thus, to be eligible for such a great opportunity, we are looking for traders who are consistently profitable. That is why we limited the minimum trading days to a standard 10 days.
  • #39
  • Jun 11, 2022 4:25am Jun 11, 2022 4:25am
Quoting doji
{quote} Thanks for the clarification -- and, more important, for the vastly improved trading experience now that I'm a funded trader. Got a couple more questions if you don't mind: 1. Do trades have to be closed at the end of the bi-weekly cycle, whether or not one is expecting a withdrawal? (I noticed that my position got closed even though it had not reached my SL nor my TP on my Evaluation account). 2. Is making a withdrawal bi-weekly optional?
Dear Trader,
1. After every two trading weeks, you are eligible for your payouts, and at that time, we reset your trading account. So, even if you are unwilling to withdraw your profit, your trades need to be closed.
2, bi-weekly withdrawal is optional and on-demand. You will still be eligible for the withdrawal.
  • #40
  • Jun 11, 2022 1:18pm Jun 11, 2022 1:18pm
Quoting fundednext
{quote} Dear Trader, We appreciate that you are considering being a part of FundedNext. We can't be any happier to welcome you and give you the best trading experience that you may think of. However, as FundedNext is providing a 15% profit share from the assessment phase, Thus, to be eligible for such a great opportunity, we are looking for traders who are consistently profitable. That is why we limited the minimum trading days to a standard 10 days.
Sorry that does not make any sense. If I reach the target in one or two days, like most traders I would only trade 0.01 micro lots for the other 8 days. How is that going to make any difference insofar as consistency is concerned! Most of your competitors are opting for 5 minimum trading days so why can't you?

I also heard that even if one makes more then 10% and 5% profit on the challenge phase you still only pay 15% of the target amounts (15% of $15000 if one is doing a 15k challenge) - so why should one try to make any more then the 10% and 5% targets?
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