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

  • #41
  • Jun 14, 2022 9:53pm Jun 14, 2022 9:53pm
Quoting Bizziebee
{quote} 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%...
Thank you for your feedback. We are working on it.
Regarding your query, we are giving our traders a 15% profit share during the demo phase. As an expert trader, you must know that during this demo phase, Neither you nor we make any profit, but we, as investors, see your potential to be funded for the future. If you take the best of a volatile market and hit the target in a day, the stability that we are looking for will not meet our requirements. Because you profit, the risk of losing the same is equal.
However, considering the number of pro traders we have been onboarding since the inception of FundedNext, we are in the process of making some great changes.
  • #42
  • Edited 8:04am Jun 16, 2022 7:54am | Edited 8:04am
Hi again!

Unfortunately my funded account (88890314) has hit a losing streak so I'm doing my best to come back up from my deep drawdown so I can get my first payout--no matter how long it takes.

It does not help that my MT4 is malfunctioning again: freezing intermittently or showing no connection when I exit and try to re-log on.

I'm sure you want your funded traders to do well (or at least not lose your money). Can you fix this please?
Amor Fati--F. Nietzsche
  • #43
  • Jun 16, 2022 8:09pm Jun 16, 2022 8:09pm
Can connect alright, but platform is frozen again right now with price not moving. Execution was also very slow when I placed my order (in fact, in general).

Is it true what Live Chat agent said that only my account manager (who I can't access except thru Telegram) could fix this?

All I want at this point, TBH, is to get my payout (plus my fee-refund and 15% of profits made during Evaluation). Help me do this and I'll gladly be on my way...
Amor Fati--F. Nietzsche
  • #44
  • Jun 17, 2022 6:27am Jun 17, 2022 6:27am
Here is how my MT4 live account platform looks right now, in case anyone is interested:
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 49 KB
Amor Fati--F. Nietzsche
  • #45
  • Jun 19, 2022 9:29pm Jun 19, 2022 9:29pm
Start of a new trading cycle and... my platform is frozen again after I placed a trade.
Amor Fati--F. Nietzsche
  • #46
  • Jun 23, 2022 8:09am Jun 23, 2022 8:09am
Quoting doji
Start of a new trading cycle and... my platform is frozen again after I placed a trade.
This is not uncommon. Ihad same poblem FTMO. Also I have live account with FPmarkets and it often freezes just when London/US session open especially if you have open trade in wrong direction
  • #47
  • Jun 23, 2022 11:53pm Jun 23, 2022 11:53pm
Quoting doji
Start of a new trading cycle and... my platform is frozen again after I placed a trade.
Hi doji
I was thinking of joining fundednext coz they provide PerfectMoney as a withdrawal method. but after reading your experience no doubt I will run away. stable connection is everything for scalpers.
I hope you could get your fees back.
  • #48
  • Jun 24, 2022 4:50am Jun 24, 2022 4:50am
Quoting doji
Start of a new trading cycle and... my platform is frozen again after I placed a trade.
Kindly talk to your dedicated account manager. This is a resolvable issue and as per our record, you haven't talked to them. Kindly, confront to your account manager.
  • #49
  • Jun 24, 2022 4:54am Jun 24, 2022 4:54am
Quoting Bizziebee
{quote} This is not uncommon. Ihad same poblem FTMO. Also I have live account with FPmarkets and it often freezes just when London/US session open especially if you have open trade in wrong direction
Yes, you are right.
  • #50
  • Jun 24, 2022 4:58am Jun 24, 2022 4:58am
Quoting Feelas
{quote} Hi doji I was thinking of joining fundednext coz they provide PerfectMoney as a withdrawal method. but after reading your experience no doubt I will run away. stable connection is everything for scalpers. I hope you could get your fees back.
Dear Trader,
Every trader of FundedNext has got their payouts on time. There has never been a case of elay. So we are glad you considered us first. But hope you would still consider us as your best choice of prop firm.
  • #51
  • Jun 24, 2022 6:43am Jun 24, 2022 6:43am
Quoting fundednext
{quote} Dear Trader, Every trader of FundedNext has got their payouts on time. There has never been a case of elay. So we are glad you considered us first. But hope you would still consider us as your best choice of prop firm.
Hello
I am not talking about payout delay. I am taking about server connection issues.
  • #52
  • Edited 6:42pm Jun 25, 2022 4:09am | Edited 6:42pm
Quoting fundednext
{quote} Kindly talk to your dedicated account manager. This is a resolvable issue and as per our record, you haven't talked to them. Kindly, confront to your account manager.
I e-mailed him once (since I have no access to Telegram) and got no reply.

I've reported my platform issues to Chat Support numerous times so if, as you say, this problem is resolvable how come this keeps on happening on a regular basis? Since Phase 1 of the Evaluation Challenge, as a matter of fact.

Initially, I noticed a marked improvement after becoming a funded trader, but apparently we're back to square one once again.
Amor Fati--F. Nietzsche
  • #53
  • Jun 25, 2022 4:11am Jun 25, 2022 4:11am
Quoting Bizziebee
{quote} This is not uncommon. Ihad same poblem FTMO. Also I have live account with FPmarkets and it often freezes just when London/US session open especially if you have open trade in wrong direction
But shouldn't this be the exception rather than the rule?
Amor Fati--F. Nietzsche
  • #54
  • Jun 26, 2022 6:31am Jun 26, 2022 6:31am
Quoting fundednext
{quote} Kindly talk to your dedicated account manager. This is a resolvable issue and as per our record, you haven't talked to them. Kindly, confront to your account manager.
Canadians don't have such poor command of English.
You can reach me on Telegram @ KramerFx
  • #55
  • Jun 28, 2022 1:58pm Jun 28, 2022 1:58pm
Quoting doji
{quote} But shouldn't this be the exception rather than the rule?
doji I think I know what is the problem. It is not the server. I had same problem as I said but I have resolved it 90% (only not when market very volatile like just at US open).

It is your chart - I notice that you are running many indicators. Try removing them all and the add one by one until platform starts freezing. MT4 platform has fault - can become unstable with certain indicators and also slows down considerably

You can test the feed by just using naked charts - you will see that platform does not freeze
  • #56
  • Jul 27, 2022 11:22pm Jul 27, 2022 11:22pm

30-Second Rule Is Now Terminated

With the vision to offer a trader-friendly funding program for all kinds of traders with diverse trading strategies, FundedNext has created a robust trading solution for the global prop trader. As a firm with a prolonged aim to serve them, we are constantly working on the traders’ needs and demands and updating our program accordingly.

One of the precautionary rules that FundedNext introduced during the launch, is the 30 Seconds Rule. The rule entails: "If a trader placed multiple trades with hugely varying lot sizes within 30 seconds, it would have been considered a violation in suspicion of trying to beat the system in malicious ways."

It has come to our attention that the rule has puzzled a portion of the traders in our community. To make it easier and less confusing for the average abiding traders, we have now implemented automated ways of detecting malicious trading practices such as arbitrage trading, etc. Hence, we will no longer need to have a 30-second rule in place.

From now on, our "30-second rule" is going to be terminated. We are constantly developing FundedNext to become the utmost technologically advanced proprietary trading firm, and here is just another glimpse of it.

We hope this update will allow more diverse traders to achieve the funding opportunity. With FundedNext, now you can trade in a flexible environment while enhancing your skills with any strategies you like.
  • #57
  • Aug 2, 2022 4:02am Aug 2, 2022 4:02am

15% Profit Sharing From the Challenge Phase


𝐈𝐌𝐏𝐎𝐑𝐓𝐀𝐍𝐓 𝐀𝐍𝐍𝐎𝐔𝐍𝐂𝐄𝐌𝐄𝐍𝐓
From the very beginning, we have wanted our traders to win with us. We took the suggestions and feedback of our clients very carefully, our motto was and will remain the same! 𝐖𝐞 𝐰𝐚𝐧𝐭 𝐨𝐮𝐫 𝐭𝐫𝐚𝐝𝐞𝐫𝐬 𝐭𝐨 𝐰𝐢𝐧.
To encourage traders, we have introduced bi-weekly payouts, removed a lot of rules, and introduced some benefits which no other prop firm in the industry has ever done before. One of them is a 𝟏𝟓% 𝐩𝐫𝐨𝐟𝐢𝐭 𝐬𝐩𝐥𝐢𝐭 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞 𝐩𝐡𝐚𝐬𝐞.
According to our statistics, many newly funded traders have started to misuse this benefit we provide. To prevent misuse, we have introduced some changes to how the '15% profit sharing from the challenge phases' will be shared from now on, read more 15% Profit Sharing – Update (Evaluation Model).
  • #58
  • Dec 4, 2022 10:11pm Dec 4, 2022 10:11pm
I want to ask about the consistency rules. Please someone help me find the answer. Which should be the benchmark, between the number of trades made & the number of lots, or the average made in that week. To illustrate, I will make a case example.

In week 1, I made 42 trades with 0.1 lot per trade. I traded for 3 days. So, it will produce an average of 14, which will produce a lower limit of 7 and an upper limit of 28 for week 2.

Question :
1. If in week 2, I made 24 transactions, with 3 days of total trading. So the average is 8. Is this allowed?
2. If in week 2, I made 25 transactions, with 5 trading days in total. So the average is 5. Is this allowed?
  • #59
  • Dec 5, 2022 1:03am Dec 5, 2022 1:03am
Quoting yoyok_062429
I want to ask about the consistency rules. Please someone help me find the answer. Which should be the benchmark, between the number of trades made & the number of lots, or the average made in that week. To illustrate, I will make a case example. In week 1, I made 42 trades with 0.1 lot per trade. I traded for 3 days. So, it will produce an average of 14, which will produce a lower limit of 7 and an upper limit of 28 for week 2. Question : 1. If in week 2, I made 24 transactions, with 3 days of total trading. So the average is 8. Is this allowed?...
Hello yoyok
I am trading with fundednext so i can help you with this issue
1. the average 8 is for one day of three days
2. the average 5 is for one day of five days

your example, total trades for week1 is 42 so week2 upper limit is 84 lower limit is 21.
your total lots for week1 is 4.2 so week2 upper limit is 8.4 and lower limit is 2.1.

to make things easy, forget about number of days. they calculate their consistency rules based on weekly activity.
So your trading week need to be active.
  • #60
  • Dec 7, 2022 8:47pm Dec 7, 2022 8:47pm
Quoting yoyok_062429
I want to ask about the consistency rules. Please someone help me find the answer. Which should be the benchmark, between the number of trades made & the number of lots, or the average made in that week. To illustrate, I will make a case example. In week 1, I made 42 trades with 0.1 lot per trade. I traded for 3 days. So, it will produce an average of 14, which will produce a lower limit of 7 and an upper limit of 28 for week 2. Question: 1. If in week 2, I made 24 transactions, with 3 days of total trading. So the average is 8. Is this allowed?...
1. In week 2, I made 24 transactions, with 3 days of total trading. So the average is 8. Is this allowed?
Answer Yes: you can trade as much as you require but the second week's average needs to be in between 7-28.
2. In week 2, I made 25 transactions, over 5 trading days in total. So the average is 5. Is this allowed?
Answer Yes, you are allowed to as well. Your average trade count is 5 but your upper limit is 10, which falls under week 1’s average count of numbers.
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