Proptrading firm FundedNext says it disbursed $15.19 million to 8,340 traders inFebruary, publishing what it described as the first in a recurring series ofmonthly payout reports that it plans to release on a fixed schedule.The firmsaid the February total was spread across 13,712 individual transactions on10,346 funded accounts. The gap between account count and trader count reflectsthat some participants hold more than one funded account at the same time. Since itlaunched, the company claims cumulative payouts of more than $271.4 millionacross 205,380 transactions, though that figure has not been independentlyverified in full.Processing Speed andPayout DistributionThe companysaid the median time between a trader requesting a payout and receiving it was4 hours and 44 minutes in February. The mean was slightly higher at 5 hours and8 minutes, which the firm attributed to a small number of longer reviewspulling the average up. At the 90th percentile, payouts were completed in under13 hours, and the company said 99.98% of February transactions cleared within24 hours. One did not.More than athird of all payouts, 35.4%, according to the report, were processed in underfive minutes. The largest concentration fell in the six-to-twelve-hour window,which the firm said reflects overnight batch processing.https://t.co/WusmaSObOS— FundedNext (@FundedNext) March 5, 2026The medianindividual payout was $567. The mean was $1,119 - a gap that tells you arelatively 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 singlepayout in February was $60,580.FundedNextis among the larger operations in the prop trading space by reported volume.According to data compiled by Prop FirmMatch, the firmranked first among tracked platforms with annual payouts of approximately $108million in 2025, out of roughly $325 million tracked across the industry - adataset that excluded major players including FTMO and The5ers.Repeat Traders Drive aMeaningful Share of VolumeOne of themore detailed sections of the report looks at how concentrated payout activityis among long-term participants. The firm said 284 traders who have eachaccumulated 25 or more lifetime payouts from FundedNext collectively received$2.37 million in February, representing 15.8% of the month's total. "Thatis not a one-cycle relationship," the company said. Fifty-five tradershave now crossed 60 lifetime payouts and contributed $486,054 last monthcombined.The reportalso flags a group it describes as particularly telling. "A real cohort oftraders is deep into their payout history," FundedNext said, "notjust getting paid once or twice, but building a sustained track record on theplatform."Half ofFebruary's paid accounts had received at least one prior payout from theplatform. 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 thathave been live for more than six months and are still receiving payouts. The firmhas also been rebuilding its US presence after MetaQuotes' crackdown in early2024 cut off MetaTrader access for prop firms operating in the country.FundedNext re-entered theUS market with a Futures product in April 2025, then relaunched CFDprop trading for US clients the following November by switching to the Match Trader platform.Win Rates Tell Only Partof the StoryThe tradingbehavior section of the report separates CFD and Futures data, the firm saidcombining them would distort the averages, given how differently the twoproduct types work.CFD payoutrecipients 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 winrates below 50%, meaning they lost more individual trades than they won andstill managed to qualify for a payout.The time ittook traders to request their first withdrawal also differed sharply byproduct. For Futures accounts, the median was 9 days from funding, and 64.5% ofFutures payout recipients submitted their first withdrawal request within 14days. CFD traders operated on a much longer timeline - median of 28 days tofirst request, with 18.3% taking 90 days or more. FundedNextis not the only firm publishing payout milestones as competition among propplatforms intensifies. Czech firm Fintokei recentlyreported $15 million in cumulative payouts as it marked three years of operations inJapan. The company said it plans to release its payout data every month in thesame format. March figures, it said, will publish next month.FundedNext's Position in aCrowded MarketGeographically,the MENA region has become central to the company's growth story. FundedNextruns an office in Dubai, and CEO Syed Abdullah Jayed has publicly pointed tothe area as a key driver. "Whenyou fly into Dubai, you see a different vibe, ads for brokerageseverywhere," Jayed said in a recent panelduring the iFX Expo Dubai. "Because of regulatory acceptance and emerging populations movingto the UAE and the broader MENA region, the adoption and growth have been verygood."Third-Party Tracker PutsFebruary Total LowerIndependentblockchain analytics platform PayoutJunction, which monitors prop firmdisbursements on-chain, tracked approximately $13 million in FundedNext payoutsduring the same period, roughly $2.2 million below the firm's own figure. Theplatform monitors Rise payouts via the blockchain, and notes explicitly thatlistings are not endorsements.The gap isnot unusual in this industry, and the reasons for it are well-documented. AsFinanceMagnates.com has reportedpreviously,crypto-based outflows from prop firms can be tracked on-chain, butdistinguishing trader payouts from vendor payments, affiliate commissions, orother outgoings is not straightforward - and firms control their owndefinitions of what counts as a payout. This article was written by Damian Chmiel at www.financemagnates.com.