Exclusive: FundedNext Relaunches CFD Prop Trading in the US, but Not with MetaTrader

FundedNext, which halted contracts for differences (CFDs) prop trading services for United States-based traders around February 2024, has relaunched its services in the country, FinanceMagnates.com learned. This came about six months after the prop platform launched futures prop services in the US under the brand FundedNext Futures.

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US – A Big Market for Prop Brands

The latest relaunch of the prop platform in the US, one of the largest markets for prop companies, is now offering services on the Match Trader platform.

“This return comes as traders are seeking greater transparency, fairness, and opportunity,” said Syed Abdullah Jayed, CEO of FundedNext. “Our goal is to set a new standard for how prop trading operates—responsibly, globally, and inclusively.”

Earlier, FundedNext offered MetaTrader platforms to US-based prop traders, but it was among many prop brands that suspended services in the US in early 2025 due to the alleged crackdown by MetaQuotes on prop platforms.

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MetaTrader Remains Inaccessible

Although several other prop brands have re-entered the lucrative US market, they are relying on non-MetaTrader platforms.

FTMO is the only prop firm to relaunch its services for US traders on MetaTrader 5. It managed to do so through a partnership with OANDA, a regulated broker in the US. Interestingly, FTMO also agreed to purchase OANDA, but that deal is yet to be closed.

While CFD prop brands are re-entering the US market, several futures prop platforms have captured a significant portion of that market.

As FinanceMagnates.com reported earlier, FundedNext also launched a futures prop brand in the US last April. According to the company, it has distributed more than $9 million to traders under the futures prop brand in just six months.

The total global payout under the CFD prop brand, however, stands at over $195 million, according to the company.

Meanwhile, FundedNext did not limit its expansion drive only to prop trading. It launched a CFD broker earlier this year, but under the controversial licence of Comoros’ Mwali island. At that time, the company also confirmed that it had applied for brokerage licences from regulators in Dubai and Mauritius, with additional plans to seek one in Cyprus.