FundedNext : Our Fund, Your Profit

thanx for answering, i think its clear. So, upper limit & lower limit is limit for the "next week average".

One more question. if the new cycle starts on October 2, but I just started trading in the following month (November). Is that allowed??

Hi Guys,

BE VERY CAREFULL DO NOT TRADE WITH THEM¡¡¡¡ READ BELOW MY EXPERIENCE- i WILL POST THE SOON AS I CAN SCREESHOTS PROVING EVERYTHING I SAY BELOW IS TRUE

I did not want to have to write bad things about anyone but given the circumstances FundedNext gives me no choice.

I have an account with them and I have a lot of problems, to start with the customer service is horrible.

But what is even worst they have rules on their website that are different from what they later apply when you are doing the evaluation.

What has happened to me is that I have reached the Daily loss limit, but on their website mentions clearly that the daily loss does not take into account your profits. But They have suspended my account saying that it has reached the daily loss limit taking into account my profits

This text is taken from their website, also here is the link so you can see that Im not lying.
https://fundednext.com/faq/general/b...own#faqDetails

How Do You Calculate Daily Drawdown?
The daily drawdown is 5% of your initial account balance, and this is for all subscriptions. This implies that this number should not exceed 5% of your initial account balance on that specific day.
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. It will be considered a violation if you lose more than $2,000.
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. Losing more than $10,000 (in both open and closed positions) will be considered a violation.

Guess what, that is more than the 5% daily loss limit rule and is not a violation, why because they do not take into account your profits¡¡¡¡¡¡

But it gets worst. I send an email to the support team, no reply.

I talked to the live chat, they told me that I have assigned an account manager and that they cannot do anything.

The day after finally I was able to talk to the account manager via telegram (This was yesterday). he sends 1 message saying that I have reached the account limit and that is why it was suspended.

I explained and send the same info as above proving they are wrong in suspending my account, no reply at all on the whole day¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡ Not even we will look into it, give me some time to check what you mention. Nothing only the 1 message send at the beginning with a screenshot and that is it, even after I proved and send the material and everything proving they’re wrong, and not because I say so, IS ON THEIR WEBSITE¡¡¡¡¡¡¡

Then today I have received another telegram message, saying that I have already received a screenshot yesterday with the loss limit. And once again I have proven that they are wrong because they say so is on their website, and once again I get no replies. I have asked for a refund and nothing.

The worst thing is that I have proven everything and they don’t even read what I have provided, that is information from their website of how daily loss is calculated.

Not checking information, scamming people, customer service is horrible, they reply once like if they were making you a favour. Different rules posted than latter applied to your evaluation

SCAMMMERS

Hello
you have paused my account by mistake stated that i have reach a daily loss of -750.64 . but that has never happened.
I have sent an email to support team and my account manger asking them to check the trading history of that day. but no one care.
I have made and saved a mt4 report as well as downloaded trading history from my dashboard and I can attach to show the actual loss of that day .
your live chat just keep saying only account manager can solve the problem.
I have been contacting him many times but he never care to answer me.

here's my account (20204655) and I hope I get an answer here and reactive my account.

Hello everyone I don't like to leave bad reviews, but in this case, I think many people need to be warned against working with this company.

On April 15, 2024, I decided to purchase a 2-phase challenge from them. I paid them with bitcoin from the exchange, and then contacted their support service. They told me that the money had been credited to their account and asked me to wait a few hours. After that, I waited 12 hours and then 18 hours, but I was never given my trading credentials. Then they just told me that they had not received my money and asked me to contact the support service of my electronic wallet. This service provided me with all the evidence that the money was credited to the FundedNext account, this payment can be seen in any browser block, for example, Blockchain. I am attaching screenshots of my deal here. I sent these screenshots and links to FundedNext, but they replied that these proofs are not an argument for them, for security reasons they do not consider them. That's why they politely sent me. Their support manager named John just closed the dialogue with me, preventing me from speaking out and giving my evidence. Their support manager named John simply closed the dialogue with me, preventing me from speaking out and giving my evidence. After that, I tried to contact John again, but the support service is not responding to me.

Their only argument is that I don't have the correct txid. I proved the opposite to them by opening a payment with my txid in various block browsers such as blockchain, but they ignore it. Therefore, I do not advise anyone to invest their money in this company