FundedNext Terms of Use

At FundedNext, we strive to provide a transparent and compliant trading environment for our clients. These Terms of Use govern your relationship with FundedNext and outline the rules and guidelines that must be adhered to when utilizing our services. By accessing or using our platform, you agree to be bound by these terms and conditions.

Eligibility and Account Registration

1. To participate in FundedNext’s services, you must be at least 18 years of age and possess the legal capacity to enter into binding contracts.
2. During the registration process, you must provide accurate, complete, and up-to-date personal information. Failure to do so may result in account suspension or termination.
3. You are solely responsible for maintaining the confidentiality of your account credentials and for all activities conducted under your account.
4. FundedNext reserves the right to request additional documentation or information for verification purposes at any time, in compliance with applicable laws and regulations.

Account Security

Ensuring the security of your FundedNext account is of paramount importance. We strongly recommend following these best practices:

Use a strong, unique password that combines letters, numbers, and special characters.
Enable two-factor authentication (2FA) for an additional layer of security.
Never share your account credentials with anyone, including FundedNext staff, as we will never request this information.
Regularly update your account information to reflect any changes in your personal or financial details.
Log out of your account when not in use and clear your browser cache regularly.

Use of Services

1. You agree to use FundedNext’s services solely for lawful purposes and in accordance with these Terms of Use.
2. Engaging in any form of market manipulation, abuse, or exploitation of our platform is strictly prohibited.
3. You are strictly forbidden from sharing, transferring, or allowing third-party access to your FundedNext account.
4. FundedNext reserves the right to monitor and review your trading activities to ensure compliance with applicable laws, regulations, and our policies.

Prohibited Trading Practices

FundedNext has implemented stringent measures to ensure fair and ethical trading practices. The following activities are strictly prohibited:

Latency trading or exploiting pricing discrepancies
Gap trading or using external data feeds
Group trading or coordinated trades across multiple accounts
Use of automated trading systems or high-frequency trading software
Engaging in any form of arbitrage or market-making strategies
Executing trades inconsistent with typical market operations
Copy trading or mirroring trades without prior authorization

Violation of these prohibitions may result in account termination, forfeiture of funds, and potential legal action.

Responsible Trading

At FundedNext, we promote responsible trading practices and aim to foster a fair and ethical trading environment. To this end, we encourage our clients to:

Develop and implement a well-defined trading strategy aligned with their risk tolerance and financial objectives.
Utilize risk management tools and techniques, such as stop-loss orders and position sizing, to manage potential losses.
Continuously educate themselves on market dynamics, trading strategies, and risk management principles.
Maintain a disciplined approach to trading and avoid impulsive or emotional decision-making.
Seek professional advice or consult with financial advisors when necessary.

Intellectual Property

1. FundedNext retains all intellectual property rights, including trademarks, copyrights, and patents, associated with our services, website, and related materials.
2. You are strictly prohibited from reproducing, distributing, or modifying any content or materials provided by FundedNext without our express written consent.
3. The unauthorized use of FundedNext’s intellectual property may constitute a violation of applicable laws and subject you to civil or criminal penalties.

Permitted Use of Materials

FundedNext may grant limited, non-exclusive, and revocable licenses to use certain materials, subject to the following conditions:

The materials may only be used for personal, non-commercial purposes.
You must retain all copyright, trademark, and other proprietary notices on any permitted copies.
The materials may not be modified, altered, or adapted in any way without prior written consent from FundedNext.
The granted license is non-transferable and terminates automatically upon violation of these Terms of Use.

Risk Disclosure

Trading in financial markets carries inherent risks, including potential loss of capital. FundedNext does not provide investment advice or recommendations. You acknowledge and accept sole responsibility for your trading decisions and any resulting consequences.

Limitations of Liability

To the maximum extent permitted by applicable law, FundedNext, its affiliates, and their respective directors, officers, employees, and agents shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from your use or inability to use our services.
This limitation of liability applies to, but is not limited to:

Loss of profits, revenue, or business opportunities
Loss or corruption of data
System failures, errors, or delays
Unauthorized access or security breaches
Interruptions in service or downtime

FundedNext does not guarantee the accuracy, reliability, or completeness of any market data, news, or information provided through our services.

Risk Factors

When trading with FundedNext, you should carefully consider the following risk factors:

Market Risk: Financial markets are subject to fluctuations and volatility, which can result in substantial losses.
Leverage Risk: The use of leverage can amplify both potential profits and losses.
Counterparty Risk: There is a risk of counterparty default or insolvency, which could impact your ability to recover funds.
Technology Risk: Trading platforms and systems may experience disruptions, delays, or malfunctions, which could impact your ability to execute trades.
Regulatory Risk: Changes in laws, regulations, or policies governing financial markets may adversely affect your trading activities.

It is crucial that you understand and acknowledge these risks before engaging in any trading activities through FundedNext’s platform.

Termination

FundedNext reserves the right to terminate or suspend your account, without notice, for any violation of these Terms of Use or in cases where we deem it necessary to protect our platform’s integrity or comply with legal requirements.
Grounds for account termination or suspension may include, but are not limited to:

Providing false or misleading information during registration
Engaging in prohibited trading practices
Violating intellectual property rights
Engaging in illegal or fraudulent activities
Posing a risk to FundedNext’s reputation or operations

In the event of account termination, any remaining funds in your account will be subject to FundedNext’s policies and procedures for account closures.

Governing Law and Jurisdiction

These Terms of Use shall be governed by and construed in accordance with the laws of the United Arab Emirates. Any disputes arising from or related to these Terms of Use shall be subject to the exclusive jurisdiction of the courts of the United Arab Emirates.

Contact Information

Should you have any questions or concerns regarding these Terms of Use, please contact us at [email protected] or through our designated support channels.
By accessing and using FundedNext’s services, you acknowledge that you have read, understood, and agreed to be bound by these Terms of Use. If you do not agree with any part of these terms, you must refrain from using our services.

Modifications

FundedNext may modify or update these Terms of Use at any time without prior notice. Your continued use of our services after such modifications constitutes acceptance of the revised terms.
We will make reasonable efforts to notify you of any material changes to these Terms of Use by posting a notice on our website or through other communication channels. However, it is your responsibility to review these Terms of Use periodically for any updates or changes.

FAQ Section:

What should I do if I suspect someone else has gained unauthorized access to my account?

Account security is of utmost importance at FundedNext. If you suspect any unauthorized access or suspicious activity in your account, immediately change your password and enable two-factor authentication (if not already enabled). Then, promptly contact our support team to report the incident. We will investigate the matter and take necessary steps to secure your account and protect your interests.

Can I use automated trading systems or third-party software on the FundedNext platform?

No, the use of automated trading systems, high-frequency trading software, or any form of algorithmic trading is strictly prohibited on the FundedNext platform. Our terms of use explicitly forbid these practices to maintain a fair and ethical trading environment. Engaging in such activities may result in account termination and potential legal action.

What happens if I violate FundedNext's terms of use or engage in prohibited trading practices?

FundedNext takes violations of our terms of use and prohibited trading practices very seriously. Depending on the severity of the violation, consequences may range from account suspension or termination to forfeiture of funds and potential legal action. It is crucial that you thoroughly review and understand our terms of use before engaging with our platform to avoid any unintentional violations.