NEXGEN PROPTRADER FUNDING

Nexgen ProTrader Funding is a futures prop firm built around a 1-day pass. Its Nexgen Rapid evaluation needs a single trading day, has no time limit and no daily loss limit, while Nexgen Instant accounts skip the evaluation and start working toward payouts straight away. Both come in five sizes from $25,000 to $150,000 and use an end-of-day (EOD) trailing drawdown. Traders use CQG data on TradingView, CQG and platforms such as Sierra Chart, Bookmap and DeepCharts, and can trade approved equity index, currency, energy, metals, agricultural and interest rate futures. Nexgen lists a 100% profit split on Sim/Live accounts, and traders its risk team selects can move to a Live Cash account at a 90/10 split.

The Rapid evaluation asks for a 6% profit target, such as $3,000 on a $50,000 account. The EOD drawdown is $1,300 on $25,000, $2,000 on $50,000, $2,500 on $75,000, $3,000 on $100,000 and $4,500 on $150,000, and it stops trailing once the balance reaches the lock trigger ($54,100 on a $50,000 account locks the floor at $52,100); one FAQ table gives $1,250 for the $25,000 account. The Nexgen rules that most often end accounts: every position must be closed by 4:55 PM EST, so nothing is held overnight or over the weekend; any hedging, including correlated index hedges and opposite contract months, is banned; EAs and bots are prohibited; and accounts may not be shared or traded as a group. News trading has no restrictions. Traders can hold 10 evaluations and 3 Sim/Live accounts.

Each payout needs 5 qualified trading days with a minimum daily profit of $100 to $300 by account size, and passes a 50% consistency rule. Requests start at $250 and are capped per cycle from $750 to $2,500, paid by PayPal or Rise (a $50 fee) within 2–5 business days. Passed Rapid evaluations pay a one-time activation fee of $119 to $199. All fees are non-refundable. Canada is limited to Alberta, Ontario and Quebec, and more than 90 countries are restricted.