Start to Finish on becoming
a funded NexGen Trader
The highest success rate program for futures traders
How does Audition funding work?
NexGen has built the Audition program as test-to-funding evaluation that assess specific skills essential for success in live trading. Our trading experience is crafted to be as close to real world trading from the start to give you the advantage of reaching funding. No other firm focus on this one key goal more than NexGen.
- No consistency rules at any stage
- Daily payouts in Live
- 90/10 profit split
- One Rule: Don't breach Maximum Loss Limit
The Audition: Absolute Loss Tolerance
This evaluation phase tests a trader’s discipline and ability to adhere to a static loss limit, proving fundamental skill for protecting capital in adverse market conditions.
The Show: Funding Achieved
Upon reaching the Show stage, traders will fund their account by reaching the profit target. Doing so requires the same skills from Audition with a focus on risk management.
Trading actions ALLOWED
- Trading news
- Scaling into positions
- Passing multiple accounts
- Breaching DLL
Choose an Audition to start
25K Plan
# of minin/micros:
5mini/50micro
The Audition
Profit Goal: $1500
Static Minimum: $1000
Daily Stop: $400
Consistency goal: none
Minimum days: 5 trading days
$65 /per month
50K Plan
# of minin/micros:
10mini/100micro
The Audition
Profit Goal: $3000
Static Minimum: $2000
Daily Stop: $600
Consistency goal: none
Minimum days: 5 trading days
$79 /per month
100K Plan
# of minin/micros:
14mini/140micro
The Audition
Profit Goal: $6000
Static Minimum: $2500
Daily Stop: $1200
Consistency goal: none
Minimum days: 5 trading days
$101 /per month
Choose an Audition to Start
After passing an Audition you will gain access to the Show for a one time payment.
$25K Plan
Best for beginners
$65 /per month
Number of Mini/Micro
Profit Target
Static Minimum Balance
Daily Soft Stop Loss
This is in place to stop bad days from knocking you out.
Account will become active again the next trading day
if Account Balance is greater than Static Minimum Balance.
Minimum Trading Days
5/50
$1,500
$1,000
$400
5 days
MOST POPULAR
$50K Plan
Greatest value for traders
$79 /per month
10/100
$3,000
$2,000
$600
5 days
$100K Plan
Elevate your profit potential
$101 /per month
Number of Mini/Micro
Profit Target
Static Minimum Balance
Daily Soft Stop Loss
This is in place to stop bad days from knocking you out.
Account will become active again the next trading day
if Account Balance is greater than Static Minimum Balance.
Minimum Trading Days
14/140
$6,000
$2,500
$1,200
5 days
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.
- 20% consistency rule
- Payouts every 10 days
- 90/10 profit split
- No evaluation stage
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
Choose an Audition to start
25K Plan
# of minin/micros:
5mini/50micro
The Audition
Profit Goal: $1500
Static Minimum: $1000
Daily Stop: $400
Consistency goal: none
Minimum days: 5 trading days
$65 /per month
50K Plan
# of minin/micros:
10mini/100micro
The Audition
Profit Goal: $3000
Static Minimum: $2000
Daily Stop: $600
Consistency goal: none
Minimum days: 5 trading days
$79 /per month
100K Plan
# of minin/micros:
14mini/140micro
The Audition
Profit Goal: $6000
Static Minimum: $2500
Daily Stop: $1200
Consistency goal: none
Minimum days: 5 trading days
$101 /per month
Choose an Instant to Start
No stages or evaluations with NexGen Instant Funding
Number of Mini/Micro
Profit Target
Maximum Loss Limit
Consistency %
Day to Payout
$25K Plan
Best for beginners
$179 one-time
Number of Mini/Micro
Profit Target
Maximum Loss Limit
Consistency %
This is in place to stop bad days from knocking you out.
Account will become active again the next trading day
if Account Balance is greater than Static Minimum Balance.
Days to Payout
2/20
$1,500
$1,000
20%
10 days
MOST POPULAR
$50K Plan
Greatest value for traders
$359 one-time
Number of Mini/Micro
Profit Target
Maximum Loss Limit
Consistency %
This is in place to stop bad days from knocking you out.
Account will become active again the next trading day
if Account Balance is greater than Static Minimum Balance.
Days to Payout
5/50
$3,000
$2,000
20%
10 days
$100K Plan
Elevate your profit potential
$459 one-time
Number of Mini/Micro
Profit Target
Maximum Loss Limit
Consistency %
This is in place to stop bad days from knocking you out.
Account will become active again the next trading day
if Account Balance is greater than Static Minimum Balance.
Days to Payout
8/80
$6,000
$4,000
20%
10 days
Objectives of the Audition
Traders should focus on two things: not reaching the static minimum account balance and achieveing the profit goal. NexGen does not calculate the minimum balance with intraday or end-of-day trailings like every other prop firm in the market.
- Trade for minimum of 5 days, no maximum either
- Trade ANY time markets are open and the NEWS
- Reach profit target
- Do not let your account go below the Minimum Account Balance
- NexGen’s Daily Soft Stop in Audition will not fail your account!!
After achieving profit goal in 5 days or more, you will gain access to SHOW. This upgrade will be accessible via email and/or your dashboard.
Define Your Funding in Show
NexGen offers an industry first on defining your risk profile to achieve funding with three different options
You decide the plan to fit your performance
- Intraday Trailing/High water trailing: minimum account balances increase intraday with PnL
- End of Day + DSS: minimum account balance will increase if your equity balance increases at END OF DAY. DSS is included to protect accounts.
- Static+DSS: minimum balance does not change under any circumstance. DSS is included to protect accounts.
Traders have the freedom to pick their own risk requirments versus being forced into one choice. Show accounts benefit from no consistency rules and can be passed in 2 days.
$25K Show Trailing
Show
Profit Target: $1500
Max Drawdown: $1000
Daily Soft Stop: No
Daily Loss Limit: No
Drawdown Mode: Intraday Trailing
Consistency: None
$115 one-time
$50K Show Trailing
Show
Profit Target: $3000
Max Drawdown: $2000
Daily Soft Stop: No
Daily Loss Limit: No
Drawdown Mode: Intraday Trailing
Consistency: None
$135 one-time
$100K Show Trailing
Show
Profit Target: $6000
Max Drawdown: $2500
Daily Soft Stop: No
Daily Loss Limit: No
Drawdown Mode: Intraday Trailing
Consistency: None
$155 one-time
$25K Show EOD+DSS
Show
Profit Target: $1500
Max Drawdown: $1000
Daily Soft Stop: $600
Daily Loss Limit: No
Drawdown Mode: EOD Trailing
Consistency: None
$135 one-time
$50K Show EOD+DSS
Show
Profit Target: $3000
Max Drawdown: $2000
Daily Soft Stop: $1200
Daily Loss Limit: No
Drawdown Mode: EOD Trailing
Consistency: None
$165 one-time
$100K Show EOD+DSS
Show
Profit Target: $6000
Max Drawdown: $2500
Daily Soft Stop: $1700
Daily Loss Limit: No
Drawdown Mode: EOD Trailing
Consistency: None
$205 one-time
$25K Static
Show
Profit Target: $1500
Max Drawdown: $1000
Daily Soft Stop: $600
Daily Loss Limit: No
Drawdown Mode: Static
Consistency: None
$175 one-time
$50K Static
Show
Profit Target: $3000
Max Drawdown: $2000
Daily Soft Stop: $1200
Daily Loss Limit: No
Drawdown Mode: Static
Consistency: None
$205 one-time
$100K Static
Show
Profit Target: $6000
Max Drawdown: $2500
Daily Soft Stop: $1700
Daily Loss Limit: No
Drawdown Mode: Static
Consistency: None
$245 one-time
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 to trade with. This aspect means that when you make a profit, you 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 will be covered for the first month of live funding by NexGen. Afterward, this fee will be deducted directly from the traders account.
What can I trade?
All accounts gain access to CME, CBOT, NYSE, and COMEX products which cover the widest range of global products.
See a complete list below
Name | Symbol | Minimum Tick Size | 50K Plan Max Position |
---|---|---|---|
Stock Index | |||
E-mini S&P 500 | ES | 0.25 = $12.5 | $125 |
Micro ES | MES | 0.25 = $1.25 | $12.5 |
E-mini Nasdaq-100 | NQ | 0.25 = $5 | $50 |
Micro NQ | MNQ | 0.25 = $0.50 | $5 |
E-mini Russell 2000 | RTY | 0.10 = $5 | $50 |
Micro RUSSELL | M2K | 0.10 = $0.50 | $5 |
E-mini Dow | YM | 1.00 = $5 | $50 |
Micro YM | MYM | 1.00 = $0.50 | $5 |
Nikkei 225 | NKD | 5.00 = $25 | $250 |
E-mini S&P 400 | EMD | 0.10 = $10 | $100 |
Currency | |||
Euro Fx | 6E | 0.00005 = $6.25 | $62.5 |
Australian DLR. | 6A | 0.00005 = $5 | $50 |
Canadian DLR. | 6C | 0.00005 = $5 | $50 |
British Pound | 6B | 0.0001 = $6.25 | $62.5 |
Japanese Yen | 6J | 0.0000005 = $6.25 | $62.5 |
Swiss Franc | 6N | 0.00005 = $6.25 | $62.5 |
New Zealand DLR. | 6S | 0.00005 = $5 | $50 |
Interest Rates | |||
30 Yr Bond | ZB | 1/32 or '01 = $31.25 | $312.5 |
10 Yr Note | ZN | 1/2 of 1/32 or '005 = $15.625 | $156.25 |
5 Yr Note | ZF | 1/4 of 1/32 or '002 = $7.8125 | $78.13 |
2 Yr Note | ZT | 1/8 of 1/32 or '001 = $7.8125 | $78.13 |
Ultra Bond | UB | 1/32 or '01 = $31.25 | $78.13 |
Energy | |||
Crude Oil | CL | 0.01 = $10 | $100 |
Mirco WTI Crude Oil | MCL | 0.01 = $1 | $10 |
E-mini Crude Oil | QM | 0.025 = $12.50 | $125 |
Natural Gas | NG | 0.001 = $10 | $100 |
Metals | |||
Gold | GC | 0.10 = $10 | $100 |
Micro Gold | MGC | 0.10 = $1 | $10 |
Silver | SI | 0.005 = $25 | $250 |
Copper | HG | 0.0005 = $12.50 | $125 |
Plan Questions
Audition acocunts are a monthly fee that give you access to near-live simulated data to CME, CBOT, NYSE, and COMEX exchanges.
Show accounts are only available after passing an Audition. These new plans are a one-time payment and will cancel your Audition monthly subscription.
As long as you select non-professional, your charges are what you sign up for the first time. If you select “professional” you will be charged $130/mo per exchange.
Most prop firms enforce a Daily Stop that will close your account when breached. At NexGen, we take a different approach. If your Daily Soft Stop is breached, we stop that specific account from placing any more trades that day but your account is NOT failed. You will be able to start trading in that account the next trading day as long as your account balance is greater than the minimum account balance. NexGen implemented this to help refocus your mind for the next trading as we all know mistakes happen.
Traders who pass a Show account will be offered a LIVE account with the starting account balance respective of the passed account size. Traders are only allowed 1 LIVE account however each additional passed Show account will incrementally scale the account balance.
When moving from Show to LIVE, traders will be required to complete paperwork from our broker to setup an account. This is not an instant process like Audition or Shows. This process could take 1-5 days and we will keep you informed on the progress. Moving to a LIVE account will be subject to “professional” data fees is deducted directly from your LIVE account.
Holding positions overnight is allowed if your account balance can cover the overnight margin. If there is not enough balance to cover overnight margin and you have a position open, that position will be closed automatically by the broker.
In a LIVE account, all profits from the starting balance can be withdrawn at any time – No Waiting Period. The first $10,000 of withdrawals are split at 80%. After which the split increases in your favor to 90%. Over $30,000 in withdrawals and we will negotiate the profit share even more in your favor.
Payments will be done by ACH or Wire depending on your location.
When you trade with NexGen | When you trade with Others |
|
Challenges | Instant or Eval | Eval Only |
Daily Loss Limit | No | Varies |
Daily Soft Stop (Saves Accounts) | Yes | No |
Profit Split | 90/10 | 90/10 |
Payout Frequency | Daily in Live | 10-14 days |
Capped Withdrawals | Instant Only, None in Live | Yes |
Minimum Trading Days to Payout | 7 days | +10 days |
Consistency Rules | Instant Only, None in Live | Always |