In the wake of recent events stirring the prop industry, FundedNext has taken swift and decisive action in response to a compliance review initiated by Deel, its payment partner. This move aims to clarify its operational standing and reinforce its commitment to transparency and integrity amidst the industry’s uncertain climate.

FundedNext And Deel- The Compliance Review!

FundedNext’s Prompt Compliance with Deel’s Review

Reacting with remarkable speed, FundedNext submitted all required documents and detailed information regarding its business operations within just two hours of receiving Deel’s notice. This swift response highlights FundedNext’s dedication to maintaining an open and transparent business model, further bolstered by its confidence in passing the compliance review with flying colors.

The relationship manager at Deel has set a tentative timeline, promising an update within the next 48 hours. Despite the unexpected compliance review, FundedNext assures its clients of uninterrupted payout services, showcasing its resilience and preparedness in navigating challenges.

Adapting to Ensure Seamless Withdrawals

To guarantee uninterrupted withdrawal processes for its clients, FundedNext has proactively adapted its payment methods. During the review, withdrawals will be conducted via Crypto/Perfect Money, a step taken to ensure that clients face no hurdles in accessing their funds. For those who have been using Deel for payouts, FundedNext encourages a swift switch to the alternative methods provided, emphasizing client convenience and trust above all.

FundedNext stands firm in its commitment to its clients’ success and trust, actively addressing the situation with efficiency and transparency. This approach not only demonstrates the firm’s reliability but also its ability to swiftly adapt to industry dynamics and regulatory requirements.

About FundedNext

FundedNext is a visionary proprietary trading firm that spent two and a half years in meticulous development before marking its entry into the market. With a clear mission to offer innovative funding options to traders globally, FundedNext operates from four strategic locations, emphasizing its global reach and commitment to trader success.

This chapter in FundedNext’s journey underscores its dedication to upholding the highest standards of compliance and operational excellence. As the firm navigates this compliance review, it reaffirms its position as a trusted and resilient player in the prop trading industry.

New Prop Firms

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Hola Prime is a 2024-launched prop firm offering ultra-fast payouts, up to 95% profit splits, and demo-based trading across multiple platforms.

iFunds, established in March 2024, is a proprietary trading firm offering instant funding accounts ranging from $2,500 to $500,000 without requiring traders to complete evaluations or demo challenges. It stands out for its flexible trading conditions, including no daily drawdown limits, customizable profit splits, and rapid withdrawals. While appealing to experienced traders, its premium fees and limited operational history may require cautious consideration before investment.

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