Nexgen ProTrader Funding: Information and detailed review

No

3514 Tangier Terrace, 34239, Sarasota, United States

United States

2024

John Novak

Only Alberta, Ontario and Quebec allowed. British Columbia may be approved at the discretion of a senior manager.

• Current NPFLIVE accounts: $250.
• Legacy NEXLIVE accounts: $500.

Payout cap on Sim/Live accounts per payout cycle (5 qualified trading days for current NPFLIVE accounts; 7 trading days for legacy NEXLIVE accounts):

• $25K: $750
• $50K: $1,500
• $75K: $1,750
• $100K: $2,250
• $150K: $2,500

The applicable cap may vary based on account size, previously approved payouts, account status, payout-cycle rules and any applicable cap-doubling structure.

• Current Sim/Live and Instant accounts (NPFLIVE): after every 5 qualified trading days. Requests made during premarket hours are typically processed in the early afternoon; requests submitted just after the Day 5 session begins at 6:00 PM ET take longer.
• Legacy Sim/Live accounts (NEXLIVE): after every 7 trading days.

• Rise: $50 USD flat fee per payout
• PayPal: trader covers all PayPal fees (processing, receiving, currency conversion, international).

• Current NPFLIVE accounts: 5 qualified trading days are required. A day qualifies only when its minimum daily profit is reached: $25K: $100; $50K: $150; $75K: $200; $100K: $250; $150K: $300. The payout-request day does not count toward the next cycle. At least $350 must be available above the account buffer. Days considered flipping may be excluded, and Nexgen may require additional trading days.
• Legacy NEXLIVE accounts: 7 trading days are required. The minimum payout request is $500 and at least $600 must be available above the account buffer.

$5.00 round-turn commission will be subtracted for each contract you trade, $0.50 for a micro contract

Up to 10 evaluation accounts and up to 3 Sim/Live accounts (up to 10 with approval based on performance).

Monthly Subscription

One-Time Fee

• 100% of the first $12,500 withdrawal
• 90% of everything else
• 100% after 16 successful withdrawals

Paid as contractor income (1099 form).

End-of-day (EOD) trailing drawdown, calculated from the account balance at the close of each trading day. Unrealized intraday profits do not raise the limit; it updates only after the trading day ends. Stops trailing at the Account Buffer Level + $100, locking in and protecting profits.

No Daily Loss Limit on semi-live accounts (Evaluation and Sim/Live).

1 trading day minimum to pass a Rapid evaluation. Current Sim/Live and Instant accounts (NPFLIVE) require 5 qualified trading days for every payout. Legacy Sim/Live accounts (NEXLIVE) require 7 trading days.

No time limit.

Failed accounts reset automatically after 30 days. Manual reset fee (one-time):

• Evaluation:
  • $25K: $59
  • $50K: $79
  • $75K: $99
  • $100K: $99
  • $150K: $99
• Sim/Live:
  • $25K: $299
  • $50K: $399
  • $75K: $499
  • $100K: $599
  • $150K: $799

• Fully automated bots or hands-off systems
• Group, coordinated or shared trading
• Erratic trading or system changes intended to manipulate payout timing
• Cross-account or correlated-market hedging
• Trading within 5 minutes before market close
• Trading within 5 minutes after a limit-up/limit-down reopening