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.

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.

Number of Mini/Micro
# of contracts allowed per plan size
Profit Target
Account balance target to pass Audition
Static Minimum Balance
Your minimum account balance, that does not fluctuate based on profit, that cannot be breached.
Daily Soft Stop Loss
Soft daily stop will NOT fail your account. 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
Number of days with placed trades

$25K Plan

Best for beginners

$65 /per month

5/50

Number of Mini/Micro

# of contracts allowed per plan size
$1,500

Profit Target

Account balance target to pass Audition
$1,000

Static Minimum Balance

Your minimum account balance, that does not fluctuate based on profit, that cannot be breached.
$400

Daily Soft Stop Loss

Soft daily stop will NOT fail your account.
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.
5 days

Minimum Trading Days

Number of days with placed trades

5/50

$1,500

$1,000

$400

5 days

MOST POPULAR

$50K Plan

Greatest value for traders

$79 /per month

10/100
Number of Mini/Micro
# of contracts allowed per plan size
$3,000
Profit Target
Account balance target to pass Audition
$2,000
Static Minimum Balance
Your minimum account balance, that does not fluctuate based on profit, that cannot be breached.
$600
Daily Soft Stop Loss
Soft daily stop will NOT fail your account. 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.
5 days
Minimum Trading Days
Number of days with placed trades

10/100

$3,000

$2,000

$600

5 days

$100K Plan

Elevate your profit potential

$101 /per month

14/140

Number of Mini/Micro

# of contracts allowed per plan size
$6,000

Profit Target

Account balance target to pass Audition
$2,500

Static Minimum Balance

Your minimum account balance, that does not fluctuate based on profit, that cannot be breached.
$1,200

Daily Soft Stop Loss

Soft daily stop will NOT fail your account.
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.
5 days

Minimum Trading Days

Number of days with placed trades

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. 

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

# of contracts allowed per plan size

Profit Target

Account balance target to pass Audition

Maximum Loss Limit

Your MLL is the maximum amount you can lose in an account. The balance will trail by EOD. 

Consistency %

All trades must be below 20% of the total profit between payouts. 

Day to Payout

Request payouts be

$25K Plan

Best for beginners

$179 one-time

5/50

Number of Mini/Micro

# of contracts allowed per plan size
$1,500

Profit Target

Account balance target to pass Audition
$1,000

Maximum Loss Limit

Your minimum account balance, that does not fluctuate based on profit, that cannot be breached.
20%

Consistency %

Soft daily stop will NOT fail your account.
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.
10 days

Days to Payout

Number of days with placed trades

2/20

$1,500

$1,000

20%

10 days

MOST POPULAR

$50K Plan

Greatest value for traders

$359 one-time

10/100

Number of Mini/Micro

# of contracts allowed per plan size
$3,000

Profit Target

Account balance target to pass Audition
$2,000

Maximum Loss Limit

Your minimum account balance, that does not fluctuate based on profit, that cannot be breached.
20%

Consistency %

Soft daily stop will NOT fail your account.
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.
10 days

Days to Payout

Number of days with placed trades

5/50

$3,000

$2,000

20%

10 days

$100K Plan

Elevate your profit potential

$459 one-time

14/140

Number of Mini/Micro

# of contracts allowed per plan size
$6,000

Profit Target

Account balance target to pass Audition
$4,000

Maximum Loss Limit

Your minimum account balance, that does not fluctuate based on profit, that cannot be breached.
20%

Consistency %

Soft daily stop will NOT fail your account.
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.
10 days

Days to Payout

Number of days with placed trades

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

NameSymbolMinimum Tick Size50K Plan Max Position
Stock Index
E-mini S&P 500ES0.25 = $12.5$125
Micro ESMES0.25 = $1.25$12.5
E-mini Nasdaq-100NQ0.25 = $5$50
Micro NQMNQ0.25 = $0.50$5
E-mini Russell 2000RTY0.10 = $5$50
Micro RUSSELLM2K0.10 = $0.50$5
E-mini Dow YM1.00 = $5$50
Micro YMMYM1.00 = $0.50$5
Nikkei 225NKD5.00 = $25$250
E-mini S&P 400EMD0.10 = $10$100
Currency
Euro Fx6E0.00005 = $6.25$62.5
Australian DLR.6A0.00005 = $5$50
Canadian DLR.6C0.00005 = $5$50
British Pound6B0.0001 = $6.25$62.5
Japanese Yen6J0.0000005 = $6.25$62.5
Swiss Franc6N0.00005 = $6.25$62.5
New Zealand DLR.6S0.00005 = $5$50
Interest Rates
30 Yr BondZB1/32 or '01 = $31.25$312.5
10 Yr NoteZN1/2 of 1/32 or '005 = $15.625$156.25
5 Yr NoteZF1/4 of 1/32 or '002 = $7.8125$78.13
2 Yr NoteZT1/8 of 1/32 or '001 = $7.8125$78.13
Ultra BondUB1/32 or '01 = $31.25$78.13
Energy
Crude OilCL0.01 = $10$100
Mirco WTI Crude OilMCL0.01 = $1$10
E-mini Crude OilQM0.025 = $12.50$125
Natural GasNG0.001 = $10$100
Metals
GoldGC0.10 = $10$100
Micro GoldMGC0.10 = $1$10
SilverSI0.005 = $25$250
CopperHG0.0005 = $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. 

Questions on Payouts


When you trade with NexGen
When you trade with
Others
ChallengesInstant or EvalEval Only
Daily Loss LimitNoVaries
Daily Soft Stop (Saves Accounts)YesNo
Profit Split90/1090/10
Payout FrequencyDaily in Live10-14 days
Capped WithdrawalsInstant Only, None in LiveYes
Minimum Trading Days to Payout7 days+10 days
Consistency RulesInstant Only, None in LiveAlways