Next Level Funding
Next Level Funding was a UK-based proprietary trading firm (nextlevelfunding.co.uk) offering one-step evaluation and instant funding programs on forex-only accounts via MetaTrader 5. Its exact founding date is not disclosed. Independent review sites report the firm is now closed, with numerous trader complaints about denied payouts and account closures.
Company Overview
Next Level Funding was a UK-based proprietary trading firm operating at nextlevelfunding.co.uk, offering forex-only funded accounts. Its exact founding date was not disclosed on available pages. Independent review sources report the firm as CLOSED and advise caution, citing numerous complaints about payout denials and account shutdowns after traders passed challenges.
Evaluation Process & Trading Rules
Two evaluation paths were offered: a One-Step Evaluation and an Instant Funding program (which skipped the evaluation phase at a higher cost). Reported risk limits for the One-Step Evaluation were a 5% daily loss limit and a 12% maximum drawdown, measured against the starting balance; Instant Funding accounts used tighter limits of a 3% daily loss and 5% maximum drawdown. A consistency-style rule reportedly required a minimum of five trading days with similar risk levels.
Funding & Profit Split
Account sizes were offered at $10,000, $25,000, $50,000, and $100,000, with challenge fees ranging from roughly $71 to $1,629 depending on size and program. The profit split started at 70% in the first month and rose to 90% from the second month onward. Traders could reportedly scale accounts up to a combined $2,000,000, though the scaling criteria were not clearly documented.
Payout Process
Payout requests were allowed on a roughly 30-day cycle, with a stated processing window of up to 15 days. No first-payout guarantee was offered, and reviewers describe payout complaints as consistent and numerous.
Platform & Execution
The firm offered MetaTrader 5 exclusively.
Models: One StepInstant Funding
Funding Sizes: $10,000$25,000$50,000$100,000
Profit Split: 70%90%
Max Allocation: $2,000,000
Drawdown: Daily 5.00% / Max 12.00% (Static, consistency rule applies)
Reviews
Passed the instant funding challenge with Next Level Funding and then they found a reason to deny funding at the last step. Convenient timing.
Support at Next Level Funding took over a week to respond to a basic account question, and when they did it didn't actually answer anything.
Withdrawal has been "processing" for over 22 days according to Next Level Funding's dashboard. No update, no ETA.
Requested my payout from Next Level Funding over 16 days ago and still nothing. Support has gone completely silent.
Rules kept getting quietly updated after I'd already started the challenge with Next Level Funding. Hard to trust that kind of moving target.
Would not recommend Next Level Funding to anyone at this point — too many traders reporting the same denied-payout pattern in the community threads.
Would not recommend Next Level Funding to anyone at this point — too many traders reporting the same denied-payout pattern in the community threads.
Payout Wall
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