Prop trading firm FundedNext says it disbursed $15.19 million to 8,340 traders in February, publishing what it described as the first in a recurring series of monthly payout reports that it plans to release on a fixed schedule.
The firm said the February total was spread across 13,712 individual transactions on 10,346 funded accounts. The gap between account count and trader count reflects that some participants hold more than one funded account at the same time.
Since it launched, the company claims cumulative payouts of more than $271.4 million across 205,380 transactions, though that figure has not been independently verified in full.
Processing Speed and Payout Distribution
The company said the median time between a trader requesting a payout and receiving it was 4 hours and 44 minutes in February. The mean was slightly higher at 5 hours and 8 minutes, which the firm attributed to a small number of longer reviews pulling the average up. At the 90th percentile, payouts were completed in under 13 hours, and the company said 99.98% of February transactions cleared within 24 hours. One did not.
More than a third of all payouts, 35.4%, according to the report, were processed in under five minutes. The largest concentration fell in the six-to-twelve-hour window, which the firm said reflects overnight batch processing.
The median individual payout was $567. The mean was $1,119 - a gap that tells you a relatively small number of larger payments is pulling the average upward. The $1,000-to-$5,000 range accounted for 54.4% of total volume. At the top end, $623,000 went to traders receiving $25,000 or more, and the largest single payout in February was $60,580.
FundedNext is among the larger operations in the prop trading space by reported volume. According to data compiled by Prop Firm Match, the firm ranked first among tracked platforms with annual payouts of approximately $108 million in 2025, out of roughly $325 million tracked across the industry - a dataset that excluded major players including FTMO and The5ers.
Repeat Traders Drive a Meaningful Share of Volume
One of the more detailed sections of the report looks at how concentrated payout activity is among long-term participants. The firm said 284 traders who have each accumulated 25 or more lifetime payouts from FundedNext collectively received $2.37 million in February, representing 15.8% of the month's total.
"That is not a one-cycle relationship," the company said. Fifty-five traders have now crossed 60 lifetime payouts and contributed $486,054 last month combined.
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The report also flags a group it describes as particularly telling. "A real cohort of traders is deep into their payout history," FundedNext said, "not just getting paid once or twice, but building a sustained track record on the platform."
Half of February's paid accounts had received at least one prior payout from the platform. Some 60% of accounts had been funded within the preceding 30 days, while 14% had been active for more than 90 days, including 415 accounts that have been live for more than six months and are still receiving payouts.
The firm has also been rebuilding its US presence after MetaQuotes' crackdown in early 2024 cut off MetaTrader access for prop firms operating in the country. FundedNext re-entered the US market with a Futures product in April 2025, then relaunched CFD prop trading for US clients the following November by switching to the Match Trader platform.
Win Rates Tell Only Part of the Story
The trading behavior section of the report separates CFD and Futures data, the firm said combining them would distort the averages, given how differently the two product types work.
CFD payout recipients had a median win rate of 50.0% in February. For Futures traders, that figure was 63.0%. What stands out is that 41% of paid CFD accounts had win rates below 50%, meaning they lost more individual trades than they won and still managed to qualify for a payout.
The time it took traders to request their first withdrawal also differed sharply by product. For Futures accounts, the median was 9 days from funding, and 64.5% of Futures payout recipients submitted their first withdrawal request within 14 days. CFD traders operated on a much longer timeline - median of 28 days to first request, with 18.3% taking 90 days or more.
FundedNext is not the only firm publishing payout milestones as competition among prop platforms intensifies. Czech firm Fintokei recently reported $15 million in cumulative payouts as it marked three years of operations in Japan. The company said it plans to release its payout data every month in the same format. March figures, it said, will publish next month.
FundedNext's Position in a Crowded Market
Geographically, the MENA region has become central to the company's growth story. FundedNext runs an office in Dubai, and CEO Syed Abdullah Jayed has publicly pointed to the area as a key driver.
"When you fly into Dubai, you see a different vibe, ads for brokerages everywhere," Jayed said in a recent panel during the iFX Expo Dubai. "Because of regulatory acceptance and emerging populations moving to the UAE and the broader MENA region, the adoption and growth have been very good."
Third-Party Tracker Puts February Total Lower
Independent blockchain analytics platform PayoutJunction, which monitors prop firm disbursements on-chain, tracked approximately $13 million in FundedNext payouts during the same period, roughly $2.2 million below the firm's own figure. The platform monitors Rise payouts via the blockchain , and notes explicitly that listings are not endorsements.
The gap is not unusual in this industry, and the reasons for it are well-documented. As FinanceMagnates.com has reported previously, crypto-based outflows from prop firms can be tracked on-chain, but distinguishing trader payouts from vendor payments, affiliate commissions, or other outgoings is not straightforward - and firms control their own definitions of what counts as a payout.
