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FundedNext Enables Direct Bank Transfers for Payouts

payoutstransparencyprop firmpayment methods

FundedNext has announced the implementation of direct bank transfers as a new payout method. This feature, one of the most requested by its trading community, allows users to receive their rewards directly into their bank accounts without the need for middlemen or additional sign-ups on third-party platforms.

Advantages of the New Payout System

The integration of this method aims to simplify capital flow for users by eliminating external payment processor friction, following its direct reward transfers to FNMarkets and offering full visibility at every stage.

  • No third-party accounts: No intermediate platforms are required to receive capital.
  • No additional sign-ups: The process is managed entirely within the FundedNext ecosystem.
  • Real-time tracking: Users can monitor their payment status directly from their dashboard.

Step-by-Step Request Process

To use this option, traders must follow these steps within their platform:

  1. Go to 'Payout Request' in the dashboard.
  2. Confirm the amount to withdraw.
  3. Select 'Bank Transfer' from the dropdown menu.
  4. Choose a saved beneficiary or add a new one.
  5. Submit the request.

Payout Stages

The tracking system now displays four clear stages to provide greater transparency regarding the status of funds:

  • Request Submitted
  • Approved
  • Ready for Disbursement
  • Disbursed

24-Hour Guarantee

FundedNext maintains its standard brand promise: if the performance reward is not processed within 24 hours of the request, the firm will pay an additional $1,000 to the trader as compensation.

It is important to note that once the transfer is issued by the firm, the time it takes for the funds to appear in the final bank account will depend exclusively on the policies and processing times of the recipient's banking institution.

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