FundedNext spread statistics and trading costs.

FundedNext arrived in 2022 and grew fast by running several evaluation models side by side where older firms run one. Most of what ranks for its name is promotional. This profile is built on what PropSpread continuously measures on FundedNext's feed, converted into the one figure that actually leaves your account: the estimated cost per traded lot, commission included.

Everything editorial on this page is separated from everything measured. Measured figures live in the labelled data modules and update with the feed; the prose carries analysis and the firm's published structure, and it does not restate numbers that can go stale.

PropSpread summary

On the PropSpread board FundedNext is tracked like every other firm: bid and ask snapshots sampled continuously, normalized to dollars per one-lot round turn with the configured commission included, and ranked against the rest of the tracked set over a rolling window. The data-source label on every module below discloses whether the feed currently carries demonstration or live account data.

FundedNext4.5

Board commission model: FX $5.00 / lot, indices $0.00 / lot round turn, pending verification against current published terms. Platform: MT5.

Score loads with the application.Live FNext data

PropSpread Score

The PropSpread Score is a weighted 0 to 100 rating computed by our scoring engine across community standing, trading costs, execution, rules and transparency, payouts, support and technology. It is independent of any commercial relationship, and the published methodology discloses which inputs are verified and which are still being built out.

FundedNextHow the score is computedScore loads with the application.

Engine-computed from the published, versioned methodology; input coverage and verification status are disclosed on the methodology page. Commercial relationships never affect scores.

Measured spreads

The table below reads from the same feed as the live board: FundedNext's current spread and session average per instrument, next to the Average Prop Firm composite, the median of the named competitor feeds we sample. The composite answers the only question a single-firm page can answer honestly: is this firm pricing tighter or wider than the middle of the tracked market right now?

Source: PropSpread market monitoring. The Average Prop Firm composite is a computed median of sampled competitor feeds, not a real account. Full sampling, normalization and ranking rules are on the methodology page.

Trading costs

A spread only becomes comparable once it is priced in dollars and the commission is added. FundedNext's published schedule charges 5.00 US dollars per lot round turn on forex for the Stellar 1-Step and 2-Step models, 7.00 on Stellar Instant, prices metals at 0.0016 percent of traded notional (so the gold commission moves with the gold price), and charges nothing on index CFDs. Those figures come from FundedNext's own help-center schedule effective January 12, 2026, read during the 2026-08-08 commission audit. The worked example below applies the modelled schedule to the current sampled spread.

Which model you buy changes the commission before it changes anything else: the same trade costs two dollars more per lot on Stellar Instant than on a Stellar evaluation account. If you trade often, check the schedule for the exact model you intend to buy, not the headline.

Evaluation and account structure

FundedNext's flagship route is a two-phase evaluation with published profit targets of 8 and then 5 percent, a 5 percent daily loss limit and a 10 percent overall static drawdown, and a five-day minimum of trading activity, on account sizes from 6,000 to 200,000 dollars. The published profit split starts at 80 percent and rises to 95, payouts run on a 14-day cycle with the first available from day 21 and a 20 dollar minimum, and the Scale-Up plan grows a qualifying account by 40 percent at a time up to a 4 million dollar ceiling. All of that is the firm's own published record as checked on August 20, 2026, and it is rendered with its checked date in the facts section of this page.

• A published fee ladder: FundedNext is the one firm on this board whose full challenge pricing, including reset fees and refundability, is a published record here rather than a marketing claim.
• Permissive published rules: news trading, weekend and overnight holding, expert advisors, copy trading and hedging are all recorded as allowed; high-frequency trading is not.
• Cost control is risk control on a static drawdown: every dollar of spread and commission paid is drawdown spent.

Where FundedNext is strong

• Pricing transparency: the full fee schedule, reset pricing and refund terms are published plainly enough to be recorded and dated here.
• Breadth of models: one-step, two-step and instant routes cover styles a single-structure firm cannot.
• The highest published scaling ceiling on this board, at 4 million dollars, with a defined qualification path.

Trade-offs to weigh

• A 2022 founding date means the operational track record is measured in years, not cycles; the payout process has less history behind it than the oldest firms here.
• Model proliferation cuts both ways: commission, targets and payout terms differ by model, so a comparison that does not name the model is not a comparison.
• Like most evaluation firms, the account you trade is a simulated environment operated by the firm. Our data measures that environment honestly; it is not an interbank feed.

Who it may suit

Traders who want the fee schedule and payout rules in writing before paying, and traders whose style needs the permissive rule set, particularly holding over news and weekends. Cost-sensitive scalpers should run the cost example above at their own frequency and compare the Stellar commission against the firms they shortlist; the calculators linked below use the same live figures as this page.

Alternatives and comparisons

The same measurement applies to every firm on the board. The head-to-heads against FTMO and FundingPips are the natural next step, and the instrument rankings show who currently prices each market tightest.

How this data is made

Spread figures are indicative snapshots sampled from connected feeds, ranked over a rolling window so no single tick decides a leader. Costs add each firm's round-turn commission at the stated lot size. Commission schedules for FTMO, FundingPips and FundedNext are read from each firm's own published terms and were last checked on 2026-08-08. Institutional Funding carries a placeholder schedule that no published source confirms. Schedules vary by account type and product, so confirm the terms of the account you would actually trade. Figures are not tradable quotes, fills vary by account and session, and the data-source label on every module tells you whether you are looking at demonstration or live account data.

Source: PropSpread market monitoring. Full sampling, normalization and ranking rules are on the methodology page.