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Surge Trader vs FundedNext One-Step Funding: A Detailed Comparison

In this article, we will conduct a comprehensive one-step comparison between SurgeTrader and FundedNext, providing an overview of the key aspects and offerings of these two proprietary trading firms.

By GI Team

SurgeTrader vs FundedNext

In this article, we will provide a comprehensive one-step comparison between SurgeTrader and FundedNext, offering insights into the features and services these two proprietary trading firms provide to forex traders worldwide.

Company Details

Finotive Funding

Funded Trading Plus

Incorporation date

September 2021

March 2022

Office Location

Naples, Florida

UAE, USA, UK, Bangladesh

Maximum Allocation Capital

$1,000,000

$300,000

SurgeTrader and FundedNext are indeed reliable and trustworthy proprietary trading firms. SurgeTrader was established in September 2021, while FundedNext commenced operations in March 2022. In terms of leadership, Jana Seaman serves as the CEO of SurgeTrader, and Abdullah Jayed leads FundedNext. SurgeTrader has its offices located in Naples, Florida, while FundedNext operates from headquarters in multiple locations, including the UAE, USA, UK, and Bangladesh. Regarding maximum allocation capital, traders can manage evaluation accounts with SurgeTrader valued at up to $1,000,000, whereas with FundedNext, traders can access funding of up to $300,000. Additionally, both proprietary trading firms offer scaling plans to cater to traders’ requirements.

Funding Program Options

SurgeTrader

FundedNext

One-step Evaluation

Two-step Evaluation

SurgeTrader and FundedNext provide funding programs designed for forex traders on a global scale. SurgeTrader offers a one-step evaluation funding program, while FundedNext offers a range of evaluation options, including two one-step evaluations and two two-step evaluations. In this comparison, we will focus on the one-step evaluation programs offered by both firms.

One-step Comparison:

Now that we have discussed the rules and guidelines of the instant funding programs, let’s delve deeper into the pricing details.

Trading Instruments

Another crucial aspect to consider when comparing proprietary trading firms is the range of trading instruments they offer. Below, we outline the trading instruments available for trading with both SurgeTrader and FundedNext.

Trading Instrument

SurgeTrader

FundedNext

Forex pairs

Commodities

Indices

Equities

Crypto

Crypto Indices

Community Feedback

Community feedback plays a significant role in assessing the reputation and reliability of proprietary trading firms. In this comparison, we will examine feedback from Trustpilot to gauge the experiences and opinions of users regarding both SurgeTrader and FundedNext.

Trustpilot Statistics

SurgeTrader

FundedNext

Rating

4.6/5

4,7/5

Number of Reviews

899

7.059

SurgeTrader currently holds a respectable rating of 4.6/5 from a total of 899 reviews, while FundedNext boasts a high rating of 4.7/5 based on a substantial 7,056 reviews. These statistics indicate that, at present, FundedNext is the more popular proprietary trading firm, with a slightly higher overall rating and a significantly larger number of reviews. This suggests that FundedNext has garnered a broader user base and strong positive feedback from traders.

Conclusion

In conclusion, both SurgeTrader and FundedNext are strong options for proprietary trading firms, each with its unique set of trading rules, pricing structures, and community feedback. Notably, they differ in terms of funding program options, with SurgeTrader offering a one-step evaluation, and FundedNext providing both one-step and two-step evaluation options.

As a bonus, we are pleased to provide you with special discount codes for each of these compared proprietary trading firms:

These discounts can be valuable for traders considering either of these platforms.

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