Fundednext doesn't deserve even the one star left there. My gold trade, which I submitted last week Friday, took profit on my demo account with a different broker but is still running running after today's US CPI news. My colleague, who traded the same with a different broker, also took profit. I am obviously unhappy about this. How do I trust them going further?
They have in-house setup for entire technology offered to traders. They have best leverage, fees,payouts are genuine and spreads are best.
Scope of improvement exists in instant funding account wherein target is high
The prop Firm have good commission I like it
Recently, I got the chance to trade with FundedNext Prop Firm, and I have to say that it has been a truly fantastic experience. FundedNext turned out to be the perfect platform for me as a budding trader trying to get real-world experience and access to big money.
FundedNext offers the Stellar Challenge in addition to the MT5 integration, which gives their trading programmes an interesting new component.
STELLAR Challenge Have ''No Time Limit'' Features,THAT's Awesome.
FundedNext's MT5 is their Own Server with RAW Spreas and High Volume,That was a Great Experience For me.
IAM CUREENTLY ON 2ND PHASE WITH 2% PROFIT. MY JORNEY IS GREAT WITH FUNDED NEXT IAM BLESSED.
3 strikes in stead of 1 voilating the news rule would be a great adjustment.
I have been trading with fundednext for a while now. All I can say about them is that they do a good job as a company and help their customers very well and quickly. Apart from this, they are also inventive and don't stand still improving their system and others in the meantime. The only thing I find unattractive about fundednext and what could deter me from taking an account here is their news trading rule.
First, this is a clearly stated rule in their guidelines and is respectable. I don't want to be like the other comments I have read here whining about the clear rules that have been formed and what is only a small effort to adhere to them, but at the end of the day, it's inconvenient that you only get 1 warning... For some people, it already happens that they accidentally set up a trade during the news or his/her stoploss is hit and because of this, the person in question then loses his/her account.
So as I mentioned I think they are doing a very good job, but I do think they need to find a solution to this problem.
For instance, if the amount made by the news is not excessive compared to his account balance or other trades made, then this person should first get 2/3 "strikes"/warnings before his account is effectively banned. This will also have a positive impact on their customers trust in them.
Since fundednext's vision is that they want to help us effectively, I do think they will change this, as they have already proved by making positive changes in recent times.
Don't get me wrong though, despite this rule line that they should adjust a little, I am very satisfied with fundednext and their team!
Keep up the great work
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