FundedNext

“taking the risk of a full or close to daily loss limit in one trade will be suspected as a multi-platform hedge”

Clause Help article: Hedging Across Various Accounts · risk per trade stop loss · applies to: All accounts · source ↗

⚑ AMBIGUOUS: 'close to' is not quantified.

“If an account reaches this limit for the third time, it will be considered hyperactive, and the account will be breached”

Clause Help article: Hyperactivity · banned strategies · applies to: All accounts · source ↗

⚑ Inconsistency: the definition mentions 200 trades, but the warnings refer only to messages.

“Grid trading is prohibited”

Clause Help article: Grid Trading; CFD Terms 8.15 · banned strategies · applies to: All accounts · source ↗

“open opposite or offsetting positions across multiple accounts (whether the Customer's own accounts or other persons' accounts)”

Clause 8.7-8.8 · banned strategies · applies to: All accounts · source ↗

“Copy-Trading between multiple accounts not owned by the same individual, including those of relatives, family members, or friends, is strictly prohibited”

Clause Help article: Copy Trading; CFD Terms 8.9 · copy trading account sharing · applies to: All accounts · source ↗

⚑ The CFD Terms 8.9 ban copy trading unless authorised in writing, which is stricter than the help article.

“Sharing devices with other traders is strictly prohibited, regardless of the relationship”

Clause Help article: Account Sharing/Device Sharing · ip vpn device · applies to: All accounts · source ↗

“This includes use of VPNs, proxies, emulators, device spoofing”

Clause 8.13; 9.3 · ip vpn device · applies to: All accounts · source ↗

⚑ AMBIGUOUS: it's unclear whether an ordinary privacy VPN counts. The clause is framed as 'to bypass' controls.

“the Provider may apply enforcement measures across all Challenge Accounts and any other accounts ... reasonably linked to the Customer”

Clause 9.4 · deny void change rules · applies to: All accounts · source ↗

“FundedNext retains the exclusive right to impose trading restrictions, modify account parameters, or terminate trading accounts at its sole discretion”

Clause Instant 2.2; 2.2.2 · deny void change rules · applies to: Instant Account · plans: Stellar Instant · source ↗

“If no trade is placed within 60 consecutive days, the account is deactivated”

Clause General Rules: Inactivity · inactivity · applies to: All CFD accounts · source ↗

“do not offer services to residents of the following jurisdictions: North Korea (DPRK), Myanmar, Belarus, Iran, and Russia ... and Vietnam”

Clause Footer: Jurisdictional Restrictions · country kyc · applies to: All customers · source ↗

“9.1. The User is expressly prohibited, whether directly or indirectly, acting on their own behalf or through third parties, from engaging in any of the following conduct, which shall be considered material breaches of these Terms: (a) Exploitation of Errors; Latency and Feed Abuse. ... (t) Quick Strike Strategies. Rapid Execution Exploitation. The User must not engage in ultra-short-term, rapid execution strategies designed to exploit price feed delays”

Clause (see source) · banned strategies · applies to: see rule · source ↗

“Copy trading, mirroring, signal following, trade replication or any substantially similar activity (whether manual or automated) is prohibited unless expressly authorised in writing by the Provider and permitted under the applicable programme rules. For the avoidance of doubt, any replication of another person's trading activity, or systematic execution of trades based primarily on external signals, shared instructions, or third-party trade streams, may be treated as prohibited copying/mirroring.”

Clause (see source) · copy trading account sharing · applies to: see rule · source ↗

“not use VPNs, proxies, artificial routing, location spoo ... apply IP verification, geolocation, device fingerprinting and anti-fraud controls ... The User must not access or operate Accounts using shared devices, shared IP environments, virtual machines, VPS clusters, or any infrastructure that is used by multiple Users or accounts ... 9.2. The Provider may consider as reasonable indications of abuse, among other factors, unusual trading patterns, coordinated activities across multiple Accounts, excessive similarity of strategies between users, use of shared devices or IP addresses”

Clause (see source) · ip vpn device · applies to: see rule · source ↗

“the Customer shall pay the Provider a contractual penalty of twenty-five thousand American dollars (USD 25,000) for each such breach”

Clause 9.8; 9.9 · deny void change rules · applies to: CFD Challenge (all models) · source ↗

⚑ FLAG: unusual and possibly unenforceable for consumers. The firm decides 'as reasonably determined by the Provider'.

“A Quick Strike percentage of 30% or higher constitutes a violation”

Clause Help article: Quick Strike Method · banned strategies · applies to: Challenge (progress on hold) and FundedNext Account (terminated) · source ↗

“The settlement window on FundedNext runs from 00:00 to 02:00 server time”

Clause Help article: Market Settlement Trading · banned strategies · applies to: All accounts · source ↗

⚑ AMBIGUOUS: 'consistently and disproportionately' is not quantified.

“the Customer must not engage in latency trading, latency arbitrage”

Clause 8.2; 8.4 · banned strategies · applies to: All accounts · source ↗

“Opening positions that are conspicuously inconsistent with the Customer's own prior trading pattern”

Clause 8.16; Instant 2.1.11 · lot position caps · applies to: All accounts · source ↗

⚑ AMBIGUOUS: there is no numeric max lot.

“Employing strategies that guarantee the execution of limit orders during periods of low liquidity is prohibited”

Clause Instant 2.1.6 · banned strategies · applies to: Instant Account (also Challenge 8.17) · source ↗

“taking high-risk trades without a stop-loss fall outside sound risk management and are subject to enforcement”

Clause Help article: Gambling Behavior · consistency gambling · applies to: FundedNext Account · source ↗

⚑ AMBIGUOUS: there are no numeric thresholds, and the reduced split isn't stated.

“Any Performance Reward is discretionary ... and shall not be deemed earned, vested, or payable unless and until expressly approved and paid”

Clause 13.4; 9.1 · deny void change rules · applies to: All funded traders · source ↗

“failure to pass the KYC verification process shall result in the rejection of the performance reward”

Clause Instant 3.4.4 · country kyc · applies to: Instant Account (Challenge 12.5 similar) · source ↗

“may take 45 to 60 business days”

Clause Instant 5.1-5.4 · deny void change rules · applies to: Instant Account · plans: Stellar Instant · source ↗

“5.7. The User acknowledges that the Provider may, at any time and as a condition for access, Account maintenance, resets, phase migrations and/or payment of Performance Rewards, require KYC/AML procedures”

Clause (see source) · country kyc · applies to: see rule · source ↗

“the trader may be required to operate under a structured risk framework, including adherence to the 1% Risk Rule”

Clause Help article: One-sided Betting · risk per trade stop loss · applies to: FundedNext Account · source ↗

“shall not retroactively affect an active Challenge Account unless necessary to protect platform integrity”

Clause 3.4; 16.3 · deny void change rules · applies to: All customers · source ↗

⚑ AMBIGUOUS: the 'platform integrity' exception is broad.

“regulated and construed in accordance with FundedNext's legal jurisdiction i.e., United Arab Emirates”

Clause Instant Section 7 · dispute jurisdiction · applies to: Instant Account · plans: Stellar Instant · source ↗

⚑ For challenge accounts, the governing law is in the General Terms (not read).

“1.6. In the event of any conflict, discrepancy or inconsistency between (i) these Terms (main text) and (ii) any Policies, Rules, Annexes, FAQs, informational materials, Website content or support communications, the main text of these Terms shall prevail ... 8.3. The User undertakes to fully comply with all applicable Trading Rules, acknowledging that the breach of any rule, parameter or limit may result, at the Provider's discretion, in measures such as automatic failure of the evaluation; termination or suspension of the Account ... 12.6. The Provider may, at any time and prior to actual payment, review, adjust, withhold, deny or reverse Performance Rewards ... In the event of any discrepancy, the most recent version published through the Provider's official channels shall prevail”

Clause (see source) · deny void change rules · applies to: see rule · source ↗

“shall first be notified in writing by one Party to the other (a "Dispute Notice"). If the Dispute is not resolved within thirty (30) days of the Di ... must be initiated within a maximum period of six (6) months from the date on which the triggering event occurred ... (a) initiate or participate in a class action ... an administrative chargeback fee of USD 25.00 for each chargeback or disputed transaction ... once any Trading Activity has occurred on the relevant Account, the User shall not be entitled to any refund ... 24.1. The User undertakes not to engage, directly or indirectly, in any acts of defamation, discrediting, disparagement”

Clause (see source) · dispute jurisdiction · applies to: see rule · source ↗