FundedNext Updates: Commission Change and Delisting

FundedNext has announced two key updates designed to improve transparency and trading conditions. These changes, which will take effect over the weekend of November 16, 2024, involve a shift in the commission charging method and the delisting of certain trading symbols.

Commission Change: Upfront Charges on Positions

Starting November 18, 2024, FundedNext will adjust how it applies commissions for Forex and Commodity trades on its MetaTrader 5 platform. Currently, the platform applies commissions when traders close a position. With the update, it will apply commissions upfront when traders open a position.

This change is intended to bring FundedNext’s practices in line with standard industry practices, providing traders with a clear view of trading costs from the outset of each trade. This transparency can make it easier for traders to manage their trading expenses and strategies effectively.

Delisting of Certain Symbols

FundedNext will also delist four trading symbols due to issues with liquidity, which have caused unreliable price feeds, wider spreads, and poor execution:

• BCHUSD (Bitcoin Cash to USD)
• USDTRY (US Dollar to Turkish Lira)
• EURTRY (Euro to Turkish Lira)
• USDPLN (US Dollar to Polish Zloty)

These symbols will no longer be available for trading after November 18, 2024. The decision to delist them aims to provide traders with more stable and efficient trading conditions by avoiding symbols that have shown inconsistent performance.

Key Takeaway

FundedNext’s updates reflect its commitment to a reliable and transparent trading environment. The upfront commission structure gives traders greater clarity on costs, while the removal of unstable symbols seeks to enhance trading quality. FundedNext encourages traders to review these changes and adjust their strategies where necessary.

Make sure to use our Discount Code (FXPROPFN) for 105% Fee Refund and read our review on FundedNext.