After a six-month pause, FundedNext has officially reintroduced its contracts-for-differences (CFD) prop trading services in the United States, signaling a strong comeback in one of the world’s most lucrative trading markets.
The move comes after the platform initially halted services for U.S. traders in early 2024 following MetaQuotes’ crackdown on prop firms using MetaTrader platforms.
A Major Return to the U.S. Market
FundedNext’s return marks a strategic expansion phase for the prop firm, which is now offering services via the Match Trader platform, diverging from its earlier reliance on MetaTrader.
The U.S. market, known for its depth and maturity in the proprietary trading space, has become increasingly competitive following regulatory challenges faced by several CFD-based firms earlier this year.
“This return comes as traders are seeking greater transparency, fairness, and opportunity,” said Syed Abdullah Jayed, CEO of FundedNext and FNmarkets. “Our goal is to set a new standard for how prop trading operates—responsibly, globally, and inclusively.”
Navigating a Shifting Prop Trading Landscape
FundedNext’s re-entry aligns with a broader industry trend — where prop firms are adapting to operate without MetaTrader platforms due to compliance issues.
While FTMO remains the only prop firm offering MetaTrader 5 access to U.S. traders through a partnership with OANDA, others like FundedNext, Instant Funding, and Topstep have turned to alternative solutions such as Match Trader and Spotware’s cTrader.
Earlier this year, FundedNext also launched FundedNext Futures, a futures prop trading brand in the U.S., which distributed over $9 million in trader payouts within its first six months. Globally, the company reports over $195 million in total payouts across its CFD operations.
Beyond its prop activities, FundedNext is widening its reach within the financial ecosystem. The firm launched its own CFD brokerage under the Comoros’ Mwali island license, a move viewed as controversial due to the jurisdiction’s lenient regulations.
However, FundedNext has since clarified that it has applied for brokerage licenses in Dubai and Mauritius, with future ambitions to obtain a Cyprus (CySEC) license — a step that could enhance its global credibility and regulatory footprint.
What This Means for the Industry
FundedNext’s U.S. relaunch underscores the resilience and adaptability of the prop trading sector, even amid shifting regulatory winds. By pivoting to non-MetaTrader platforms and focusing on transparency-driven models, FundedNext joins a growing list of firms modernizing the prop ecosystem for retail traders.
With strong growth across both CFD and futures segments, and a CEO vocal about building a “responsible global trading standard,” FundedNext’s re-entry could inspire other prop firms to revisit the U.S. market — one that remains a massive opportunity despite its regulatory complexities.
