FundedNext is a registered trademark in the UAE and is officially based in Ajman, UAE. It operates under a distinctive framework and is not subject to conventional financial regulations.
​
It's important to note that FundedNext doesn't handle client funds or conduct trading on behalf of the public. Due to this unique aspect, the usual regulatory requirements for firms dealing with client funds or providing trading services to the general public don't apply to FundedNext.
​
If you're wondering whether FundedNext is required to comply with regulatory oversight in the jurisdictions of the United States or Canada, you need to not worry as FundedNext is not providing any service to clients from the USA. You can find relevant information in the article here.