FundedNext has announced a significant update in calculating the Trading Cycle and removed the Leaderboard.
FundedNext has announced a significant update in calculating the Trading Cycle and removed the Leaderboard.
FundedNext has announced a significant change to how they calculate the Trading Cycle. This modification promises to streamline the process and provide traders more predictability and convenience. FundedNext is here to introduce a groundbreaking update in their Trading Cycle calculation. Effective immediately, traders will experience a more precise and efficient trading cycle experience.
The company has listened to user feedback and made the following key changes:
Four-Week Trading Cycle. Regardless of the day you receive your FundedNext Account, your trading cycle will now consistently conclude after exactly four weeks from that day. No more waiting for additional days for payouts!
For instance, if you obtain your FundedNext Account on a Tuesday, your trading cycle will conclude precisely four weeks later on the subsequent Tuesday. This streamlined approach ensures traders can better plan their trading strategies and financial goals.
Please note: These changes apply to all new FundedNext Accounts and do not affect the FundedNextChallenge.
Also, FundedNext has made a difficult but necessary decision to remove the Leaderboard feature from their dashboard. This adjustment is due to clients’ trading cycles’ varying start and end dates. This makes it challenging to determine a consistent timeframe for leaderboard calculations.
While this change may inconvenience users who enjoyed tracking their progress through the Leaderboard, FundedNext believes that the benefits of the enhanced Trading Cycle far outweigh this drawback. FundedNextis enthusiastic about these updates and is eager for traders to experience the seamless and predictable Trading Cycles. The firm encourages clients to continue taking on challenges and striving toward their funding goals with renewed confidence and clarity.
Want to read about the firm? Click here.
The Funded Trader follows a belief that every retail trader deserves an opportunity to raise capital based on their performance and commitment to building their own business. They are searching for passionate and experienced traders who will succeed with the help of their funds by showing skills in various market conditions.
Bespoke Funding strives to create unique funding opportunities for traders worldwide by creating approachable ways to become a professional, funded trader who can remotely manage their capital. They have developed a user-friendly experience with the industry's best technology to back it.
MyFundedFX offers traders three different challenge programs that aim to provide an opportunity to trade without risking their own capital. Profitable traders receive a payment based on a specific percentage of the profits they make while having no liability on the firm's capital, meaning that they will cover all losses.
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