A commission is a transaction fee applied to each trade executed using FundedNext’s capital. The commission is automatically deducted on a per-trade basis as the cost associated with trade processing. In CFDs (FX) trading, commissions are typically calculated based on the volume traded, ensuring a fair and transparent cost structure.
FundedNext’s Competitive Commission Model
At FundedNext, we replicate real-market trading conditions within a simulated trading environment. To maintain fairness and cost transparency, we offer one of the most competitive commission structures in the proprietary trading industry. Our commission model is designed to provide traders with a Transparent Fee Structure.
Symbol-Specific Commission Rates
FundedNext applies commission charges based on the trading symbol. For a detailed breakdown of commission rates across different asset classes, please refer to the image below:
Commission Calculation for Cryptocurrencies:
For cryptocurrency trading, commissions are calculated as follows:
Commission = Lot Size×Open Price×0.04%
Example Calculation: A trader opens a 1-lot trade on ETH/USD at a price of 2722.12. The commission charged will be:
1×2722.12×0.04%= 1.08
Thus, the trader will pay a commission of $1.08 for this trade.