SurgeTrader & FundedNext One-step Comparison

In this article, we will be making a general and one-step comparison between SurgeTrader and FundedNext.

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In this article, we will be making a general and one-step comparison between SurgeTrader and FundedNext. We will compare the two mentioned proprietary trading firms in general and what they are offering to forex traders worldwide.

Company Details

Company DetailsSurgeTraderFundedNext
Incorporation dateSeptember 2021March 2022
CEOJana SeamanAbdullah Jayed
Office LocationNaples, FloridaUAE, USA, UK, Bangladesh
Maximum Allocation Capital$1,000,000$300,000

SurgeTrader and FundedNext are both reliable and trustworthy proprietary trading firms. SurgeTrader was incorporated in September 2021 while FundedNext started operating in March 2022. When it comes to CEOs, Jana Seaman is the CEO of SurgeTrader, while FundedNext is being run by Abdullah Jayed. SurgeTrader has offices located in Naples, Florida, while FundedNext has its headquarters in UAE, USA, UK, and Bangladesh. And lastly, when it comes to the maximum allocation capital, traders can manage up to $1,000,000 in evaluation accounts with SurgeTrader, while with FundedNext, traders can obtain funding up to $300k. Note that both proprietary trading firms also have a scaling plan.

Funding Program Options

Funding Program OptionsSurgeTraderFundedNext
One-phase Evaluation
Two-phase Evaluation

SurgeTrader and FundedNext both offer funding programs to forex traders worldwide. SurgeTrader offers a one-step evaluation funding program. FundedNext, on the other hand, offers a one-step evaluation and a two-step evaluation

That being said, let’s take a look at the comparison of the one-step evaluation programs.

One-step Comparison:

Trading Rules/ObjectivesSurgeTraderFundedNext ConsistencyFundedNext Non-consistency
Profit Target10%25%25%
Daily Drawdown4%5%5%
Overall Drawdown5% (Trailing)10%10%
Leverage1:10 up to 1:201:1001:100
Minimum Trading DaysNo limit10 calendar days10 calendar days
Trading PeriodNo limitNo limitNo limit
Profit Split75% up to 90%80% up to 90%80% up to 90%

Now that we have gone covered all the rules and guidelines of the one-step evaluation. Let’s take a closer look at prices.

Account SizeSurgeTraderFundedNext ConsistencyFundedNext Non-consistency

Brokers & Trading Platforms

After covering all the trading objectives, rules, and pricing, let’s take a closer look at brokers and trading platforms that we can use with each proprietary trading firm.

Trading PlatformMetaTrader 4, MetaTrader 5MetaTrader 4

Trading Instruments

Another important factor when comparing proprietary trading firms is trading instruments. Below you can see which trading instruments we can trade with SurgeTrader and FundedNext.

Trading instrumentSurgeTraderFundedNext
Forex pairs
Crypto Indices

Community Feedback

The last topic we will go through is community feedback from SurgeTrader and FundedNext. We will be looking at feedback from Trustpilot regarding both proprietary trading firms.

Trustpilot StatisticsSurgeTraderFundedNext
Number of Reviews2273,515

SurgeTrader has a rating of 4.3/5 out of a total of 227 reviews, while FundedNext has a rating of 4.6/5 out of 3,515 reviews. Based on the statistics, we can clearly see that FundedNext is the more popular proprietary trading firm at the moment.


In conclusion, SurgeTrader and FundedNext are two excellent proprietary trading firm choices for any trader. We can see some clear differences regarding the trading rules and objectives, prices, and community feedback. In addition, we can also see that there is a difference regarding funding program options since SurgeTrader offers a one-step evaluation. On the other hand, FundedNext offers a one-step evaluation and a two-step evaluation.

We will be ending the comparison with our special discount codes for each of the two compared proprietary trading firms. You can find both discount codes below!

SurgeTrader 10% active discount code: FPREVIEWS10OFF

FundedNext 5% active discount code: FOREXPROPREVIEWS

This comparison was lastly updated on 15.02.2023 at 14:49 (CE(S)T).

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