NLF
Ceased operations

What Happened to Next Level Funding?

Next Level Funding is no longer operating. PropFirmBook has not verified this firm and is not affiliated with it; the notes below record what we were able to establish about its closure from public sources.

Status

Ceased operations

Last Updated

Last updated: 2026-08-23

The full story

Next Level Funding was a UK-run prop firm that launched in April 2023, offering two-phase evaluations denominated in pounds, with funding advertised up to £2,000,000 and profit splits up to 90%. Through 2024 it accumulated trader complaints about rejected payouts and blocked account access. Its website served the firm for the last time in October 2024; by February 2025 the domain had been taken over by an unrelated business and then parked. PropFirmBook has not found an official closure statement from the company.

Please note: this firm is not connected to Next Level Funded (nextlevelfunded.com), a separate Australian company registered in December 2024 that is still operating today. The two have similar names but different owners, different countries of operation and no corporate link between them.

Why isn't Next Level Funding in our directory?

Propfirmbook's directory only includes firms we actively verify and track: live challenge pricing across every account size, payout terms and profit splits, complete trading rules, restricted-country lists, and current offers — checked continuously against each firm's own site. Firms outside the directory haven't been through that process, so we can't vouch for their current terms or operations.

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Frequently asked questions

Is Next Level Funding still operating?

No. Next Level Funding's website last served the firm in October 2024, and its domain was taken over by an unrelated business and then parked during early 2025. Note that Next Level Funded (nextlevelfunded.com) is a different, currently operating Australian company — despite the similar name, it is not this firm and is not connected to it.

What happened to Next Level Funding?

Next Level Funding launched in April 2023 as a UK-run prop firm offering evaluations in pounds with funding advertised up to £2,000,000. Through 2024 traders reported rejected payouts and blocked account access. The site went offline around October 2024 and the domain was parked by February 2025. PropFirmBook has not found an official closure statement from the company.

Can I still get a payout from Next Level Funding?

PropFirmBook has no information about outstanding balances at Next Level Funding and cannot help recover funds. If you have a pending payout, contact the firm through any official channel that still works. Be aware that "fund recovery" services that approach traders after a firm closes are a known scam pattern — they are not connected to the firm and PropFirmBook does not endorse any of them.

What are the best alternatives to Next Level Funding?

See the verified alternatives below — firms we actively track with live challenge pricing, payout terms and current offers.

Verified alternatives to Next Level Funding

Leverage

Up to 1:30

Profit Split

80%

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Community Rating
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Leverage

Up to 1:100

Profit Split

60–100%

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Leverage

Up to 1:100

Profit Split

90%

MT4MT4
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cTradercTrader
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Community Rating
5.0 (1)

Reporting and primary sources