Start to Finish on becoming
a funded NexGen Trader
The NexGen Path-to-Live Program is designed to identify, develop, and reward skilled traders based on consistent performance, discipline, and risk management. The program has been carefully structured to ensure that traders who qualify for the Live Funded Stage are ready to manage real capital in real-market conditions.
How does Audition funding work?
The evaluation stage in Audition to Live Stage is an in-depth assessment of a trader’s ability to generate profits, manage risk, and demonstrate discipline. This stage is designed to test traders without the ability to withdraw funds, focusing on long-term profitability and sound risk management
- One account at a time
- 30 days to achieve profit target
- 3 payouts, then Live
- 35% consistency
The Evaluation: Absolute Loss Tolerance
This evaluation phase tests a trader’s discipline and ability to adhere to risk management, proving fundamental skill for protecting capital in adverse market conditions.
The Show: Funding Achieved
Traders will earn payouts and acrue simWallet funding at each profit target.
Free section
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Choose an Account based on your trading style
ATL (Audition to Live) features 2-step process with no consistency rules or payout restrictions.
IFA (Instant Funded Accounts) has no evaluation stages with one rule, consistency
ATL (Audition to Live)
Max Position
2/20
Profit Target
$2400
Static Max Loss Limit
$1000
Consistency
Yes
Payout Frequency
Every Day
Daily Soft Stop
$400
Minimum Trading Days
5+2 Days
Activation Fee
$125 one-time
Number of Mini/Micro
5/50
Profit Target
$3000
Static Max Loss Limit
$2000
Consistency
No
Payout Frequency
Every Day
Daily Soft Stop
$600
Minimum Trading Days
5+2 Days
Activation Fee
$145 one-time
Number of Mini/Micro
10/100
Profit Target
$6000
Static Max Loss Limit
$2500
Consistency
No
Payout Frequency
Every Day
Daily Soft Stop
$1200
Minimum Trading Days
5+2 Days
Activation Fee
$145 one-time
Max Position
up to 2/20
Profit Target
$2400
EOD Max Drawdown
$1800
Consistency
30%
Payout Frequency
10 days
Daily Loss Limit
2.5% SoD Balance
Minimum Profit Days
5 days, 0.5%
Activation Fees
None
Reset Fee
n/a
Max Position
up to 5/50
Profit Target
$4000
EOD Max Drawdown
$2000
Consistency
30%
Payout Frequency
10 Days
Daily Soft Stop
2.5% SoD Balance
Minimum Profit Days
5 days, 0.5%
Activation Fees
None
Reset Fee
n/a
Max Position
up to 7/70
Profit Target
$8000
EOD Max Loss Limit
$4000
Consistency
30%
Payout Frequency
10 Days
Daily Loss Limit
2.5% SoD Balance
Minimum Profit Days
5 days, 0.5%
Activation Fees
None
Reset Fee
n/a
How does Instant funding work?
NexGen created instant funding to break the prop firm norm by removing the evaluation process. Traders only focus will be around consistency which allows NexGen to remove the evaluation phase. Traders are allowed to withdraw profits every 10 days with the consistency goal.
- One-time fee, no evaluation
- Payouts every 10 days
- Request 50% of profit
- No profit split in simFunding
Instant Funding: Stay Consistent
One-time and no evaluation gives traders access to payouts by showing consistent trading.
Trading actions ALLOWED
- Trading news
- Scaling into positions
- Copy trading multiple accounts
Trading in LIVE funding
NexGen’s offering from start to finish offers the absolute best opportunity for traders to make money in the futures market. After passing our brokers KYC, trader accounts will be funded with real capital from a traders SimWallet.
By earning a Live account, traders are entitled to it that same day. No waiting, no rules, no consistency, and no minimum days to take your profit. The same rules apply with a minimum account balance and a DSS.
Traders will be subject to $135/mo data fee per exchange. This fee will be deducted directly from the traders account.
All profit splits in Live will be subject to 80/20.
What can I trade?
All accounts gain access to CME, CBOT, NYSE, and COMEX products which cover the widest range of global products. *interest rate products are not available in IFA plans
See a complete list below
Additional Questions
Traders can request payouts at the end of a trading day after successfully reaching all requirements.
Traders will have to complete KYC before requesting their first payout.
All payouts are done via ACH or Wire.
Traders are allowed to only have 1 active account at a time between both plan types.
Copy trade is not allowed because you are only allowed one account at a time.
All accounts gain access to CME, CBOT, NYSE, and COMEX products.
*interest rate products are not available for trading
Tier 1 news events are not allowed to be traded. All trades must be closed 2 minutes before and after an event.
NexGen implements this in the simFunded stage as it will be a requirement in Live.
