Nexgen ProTrader Funding Removes Daily Limits and Launches Live Cash Accounts
Nexgen ProTrader Funding Removes Daily Limits and Launches Live Cash Accounts
Nexgen ProTrader Funding has announced a series of significant updates to its trading programs, aimed at increasing flexibility for its users and aligning with industry standards. These changes primarily affect semi-live accounts and the transition to live funding.
Key Policy Updates for Semi-Live Accounts
The firm is implementing two major changes to its semi-live account structure, effective immediately:
- Elimination of Daily Loss Limit: Traders no longer have a daily cutoff, providing more room to manage positions without the added pressure of a daily limit.
- Removal of News Trading Restrictions: The prohibition on trading during red-flag news events has been lifted, allowing for full market participation without the risk of account termination for violations.
Plan Adjustments and Risk Management
To maintain sustainability, following recent changes to trading rules and payout structure, Nexgen is adjusting profit targets and drawdowns on certain plans. These updates will take effect on June 28, 2026, at 6 PM ET.
Additionally, a new professional risk management team has been onboarded to support rapid growth and review payout requests more efficiently. While this transition may cause minor delays of one to two days in the short term, the firm expects payout processing to return to full speed by mid-July.
Launch of Live Cash Accounts
Following the July 4th weekend, Nexgen will officially begin cash account trading for traders who have already qualified for live funding. This new program is designed to be highly competitive within the funding industry, marking a major step forward from semi-live environments to direct market access.
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NexgenProTraderFunding introduces NinjaTrader 8 connector for multi-account management
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