Abdullah Jayed is a scammer. I’m not the one saying it; it’s the hundreds of traders who signed up with FundedNext who feel betrayed.
On paper, Jayed’s brainchild seems legitimate.
But when you look into its operations and spend your money, you realize you’ve been trapped.
In this post, I’ll be exploring Abdullah Jayed’s claims and helping you understand why so many call him a scammer:
What Abdullah Jayed Claims to Be:
The Chief Executive Officer of FundedNext is Abdullah Jayed. The name Abdullah Jayed is popular all across the world. In the retail trading industry as well as the internet sector, he is considered to be one of the most promising prospects for young entrepreneurs. He established Jayed Corporation in the year 2016. One of the goals was to simplify people’s lives while also increasing the number of employment options available on a worldwide scale.
The next initiatives, Growth Alliance, MoneyBackFX, and eComChef, all became significant enterprises within the market in a short period of time, and he is very well known for launching all of them. Furthermore, after achieving a great deal of success in the retail trading market, he established FundedNext. FundedNext is a proprietary trading organisation that has become a great opportunity inside the market. The company is responsible for multiple millions of dollars.
At the core of Jayed’s views is the notion that every young and enthusiastic person ought to pursue their aspirations in order to accomplish their objectives. The FundedNext project is an ideal illustration of this concept. Trading professionals who have a sound trading technique are being encouraged by him to put themselves to the test and, if they are successful in the examination, obtain funding. In this manner, traders are able to gain access to more substantial quantities of funds and earn profit splits based on a percentage as a reward for their hard work and dedication.
Those who are interested in following Abdullah Jayed can do so by following him on LinkedIn and Instagram. Thanks! You will be able to view a greater number of his posts and an update on what he is doing on a daily basis.
Examples of Complaints Against Sayed Abdullah Jayed and His Firm
#1. There is no customer care (help) available for any of the controls with bot. There is no contact number, and even when you send an email to customer support, you are met with a bot or an artificial intelligence. All they do is take your money, and all of these positive reviews have been produced with a bot. I would not suggest this company to anyone; you are wasting both your time and your money.
#2. It has been a living nightmare for me to get through the membership process. It is impossible for me to take any action once I have paid for the challenge and logged in to the fundednext dashboard. A notification that reads “Error 409” keeps appearing on the screen. When I try to get in touch with customer service, their chat doesn’t work, the bot has very few options, and you can’t ask to speak to someone. Additionally, the frequently asked questions section doesn’t appear to have any information about how to fix this issue. Due to the fact that their message centre is also not functioning properly, the only choice is to send a message through the mail.
#3. They made the accusation that I had placed orders from multiple places after I had successfully completed both phases. My trades, on the other hand, are automatic. What might possibly be the problem with having several logins? Since the beginning of my investment journey with GRAND SCALE’S TRADING, I have gained a great deal of knowledge. transactions that are completed quickly.
#4. When it comes to Fundednext, the issue Now, accounts are being terminated without any explanation, which is not only an issue for me or you, but also the worst thing that could happen. One percent of the people that invest money into propfirm to make more money are the ones who start frauds and scams. Be careful not to walk alongside infulencers and affiliates because they will pay them rather than you.
#5. Despite the fact that there is no margin for respectable positions, indices and crypto currencies are available for trading. Due to the sky-high swaps, it is hard to stop a swing trade from occurring when dealing with cryptocurrency. Fortunately, you are required to pay the appropriate spreads in order to enter a trade.
Red Flags in Sayed Abdullah Jayed’s FundedNext Prop Firm
Here’s a more in-depth analysis of the red flags surrounding FundedNext, a fast-growing prop firm co-founded by Sayed Abdullah Jayed. Drawing from trader reviews, forums, and expert insights, this overview highlights concerns aspiring traders should weigh before committing.
1. Inconsistent Account Terminations Despite Compliance
One of the most striking issues is the sudden termination of funded accounts, even when traders follow the rules:
- A Singapore-based trader reported:
“FundedNext terminated my account claiming ‘hyperactivity’… without proof, audit, or transparency. …FundedNext operates by internal rules they enforce selectively. If you start profiting consistently, they find a reason to shut you down.” This lack of transparency, especially around internal “violations,” breeds distrust when traders are penalized without clear evidence or appeals.
2. Payout Delays & Disappearances
Multiple small-to-large-scale reviews allege issues with withdrawal and account freezes:
- Another trader shared:
“They lost my money. …They informed me my payment was blocked for alleged anti-money laundering issues… but then asked me to delete my negative review.”
Issues reportedly include frozen funds, unprocessed withdrawals, or disappearing accounts—with customer service unhelpfully requesting removal of negative feedback in exchange for resolution.
3. Platform Execution Problems & Profit Manipulation
Some users allege platform discrepancies between their charts and FundedNext’s records:
- A trader noted:
“My MT5 P/L showed I had not reached my daily loss limit…but their end stated I had.” - Another claimed the firm manipulated price movements:
“On NZDCAD they manipulated price movement … they stopped me out due to price manipulation from their servers.” These reports suggest issues with server pricing, slippage, or execution delays—technically subtle but critically damaging when tied to strict loss rules.
4. Questionable Reviews and Influencer Marketing
FundedNext’s glowing reviews have been flagged for potential manipulation:
- Forex Peace Army reports:
“Multiple fake and highly suspicious positive reviews … from the same IP as someone calling himself the Partner Manager at FundedNext.” Sitejabber reveals enthusiastic 5-star ratings but also suspicious notes of support staff being unhelpful or incentivized.
This pattern suggests that some “positive” feedback may be company-generated—a common tactic among firms with thinly disguised or controlled reputations.
5. Aggressive Promo Without Substance
FundedNext uses polished marketing, discount codes, and “reviewer” influencers to promote their funded challenges. However, traders like the one on Forex Peace Army strongly dispute the company’s professionalism and technology integrity.This disconnect between image and experience raises concerns that marketing may serve as a distraction from deeper operational issues.
6. Internal Terms Withholding Trader Protections
Traders often report being penalized for vague or entirely new infractions mid-challenge—sometimes disagreements over data logs or internal rule definitions. Without clear, transparent, and consistently enforced terms, it becomes easy for firms to reverse eligibility or payouts under the guise of policy enforcement.
7. External Reviews and Public Analysis Warnings
Industry analysis sites have picked up on these concerns:
- WireDaily reported that despite FundedNext’s user acclaim (e.g., high Trustpilot ratings), there’s sufficient red-flag behavior—particularly around customer support, account closures, and withdrawals—to warrant deeper scrutiny.
- PropFirmMatch lists general red flags to watch for: anonymous teams, unsupported trading platforms, aggressive upsells, and opaque rules—many of which apply directly to FundedNext.
Best Practices Before Joining a Prop Firm
Based on peer-reported experiences, traders should:
- Check independence of reviews, not counting apparent affiliate-funded praise.
- Test withdrawals quickly with small amounts as soon as they’re funded.
- Retain trade logs and timestamps, as execution discrepancies could emerge later.
- Clarify support availability and escalation paths before investing fees.
- Read all fine print carefully, particularly on account termination, rule changes, and fee structures.
Final Takeaway
FundedNext offers a polished front: varied account sizes, multiple platforms (MT4, MT5, cTrader), and cryptocurrency payment options. But beware the powerful combination of negative user testimonials, alleged trading manipulations, questionable review credibility, and opaque internal practices—all hallmarks of high-risk prop firms operating more on hype than genuine trader success.
If you’re considering FundedNext:
- Do extra due diligence
- Test transactional transparency early
- Don’t trust marketing alone
In today’s crowded prop firm landscape, savvy traders should look for transparency, accountability, and verifiable payouts, not just slick branding. FundedNext may offer promise, but the red flags warrant serious caution.
