FundedNext Addresses Demo-3 Server Issue with Compensation Offer

Industry News

FundedNext, a proprietary trading firm founded on March 18, 2022, has recently extended an apology for an issue encountered with their Demo-3 server. This firm, known for its commitment to providing traders with optimal trading conditions, operates under various funding models to accommodate the diverse needs of its traders. With offices strategically located in the UAE, USA, UK, and Bangladesh, FundedNext offers traders the opportunity to manage capital up to $4,000,000, boasting profit splits of up to 90%. The company partners with Eightcap as its brokerage firm.

The headquarters of FundedNext is situated in the United Arab Emirates, specifically at AI Robotics HUB, C1 Building, AFZ, Ajman. Traders affiliated with FundedNext enjoy a generous profit split ranging from 60% to 90%, depending on the funding program selected. The trading opportunities available include forex pairs, commodities, and indices.

FundedNext Demo-3 Server Issue & Compensation!

FundedNext Demo Server-3 Technical Difficulty

FundedNext recently disclosed an issue with their Demo-3 server, leading to approximately 1.5 hours of downtime on December 14, 2022. The inconvenience was attributed to a problem originating from EightCap, their brokerage partner. FundedNext promptly addressed the issue with EightCap, leading to a swift resolution.

Recognizing the potential impact on traders’ activities, FundedNext has announced a compensation plan for those who were unable to close their trades due to the server downtime. Traders experiencing this issue are encouraged to contact their account manager with evidence of the impacted trades, such as journal screenshots or videos, for verification.

FundedNext also cautions against submitting false claims, as this could delay the verification process for genuine cases. Once verification is complete, the firm commits to compensating affected traders accordingly. This gesture of goodwill underscores FundedNext’s dedication to its traders’ satisfaction and trust.

Traders who were affected by the Demo-3 server issue are advised to reach out to their account manager to discuss compensation.

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