Evaluation Rules
Please Take The Time To Review These Rules Carefully, Adhering To Them Ensures Your Account Remains In Good Standing And Is Eligible For Payment From Nexgen.
All Nexgen accounts follow the same rules from Evaluation through ProTrader Live. You trade under the same conditions you’ll face live—unlike firms that change rules after funding. Nexgen’s goal is your success, not failure.
You must be 18 years old to participate. You may not be from the restricted countries list. You may only register one email address with Nexgen ProTrader Funding. Creating multiple accounts under different emails is not allowed and may result in all related accounts being closed. This rule protects both you and the integrity of our program.
After passing any Evaluation, you’ll move to a SIM/LIVE account once you provide:
Valid ID
Proof of address
Signed Trader Contract Agreement
One-time activation fee
Once you reach the profit objectives in your evaluation account(s), your subscription for that account will automatically end. The one-time activation fee varies by account size.
$25,000 Eval - $119.00 One-Time Activation Fee $50,000 Eval - $129.00 One-Time Activation Fee $75,000 Eval - $159.00 One-Time Activation Fee $100,000 Eval - $179.00 One-Time Activation Fee $150,000 Eval - $199.00 One-Time Activation Fee
Please make sure you read all policies, including the Zero-Refund, Anti-Fraud & Enforcement Policy.
Rule 1. Establish Profitability
Each account size at Nexgen ProTrader Funding comes with a specific profit target that you must achieve to pass the evaluation. A minimum of 1 trading day is required to pass the account. There is no time limit to achieve this; take as long as needed while maintaining an active subscription. A trading day is defined as any day on which at least one order is executed. *Refer to the table below for detailed evaluation account information and payout structure.
Rule 2. Do Not Hit The Maximum Trailing Drawdown
Nexgen calculates the max drawdown based on the profit or loss of each closed trade. To determine your max loss level, it will be the (closed trade equity less the evaluation's draw-down max). This style of drawdown provides traders with the most straightforward and advantageous rules.
( SemiLive + ProTrader Live Accounts ) Drawdown Stops At The Account Buffer Level + $100 Ex. Formula: Starting Balance + Drawdown + $100 = Fixed Buffer (Allows traders to compound profits by increasing position size) Click: For a detailed explanation of how Nexgen calculates Draw-Down.
*Refer to the table below for detailed evaluation account information and payout structure.
Rule 3. Do Not Trade More Than Allowed Contracts
Remember: Your maximum position size is determined by the number of contracts allowed for the account size you choose to trade.
When you trade Max Contracts, or over 50% of the max contract size, you must understand the risk and how to manage your active trades effectively.
You won’t be able to use a market order to exit.
You cannot close a trade using the “X” to exit your position.
TO CLOSE YOUR POSITION IF TRADING OVER 50% OF MAX:
Use market orders using fewer contracts than max contracts until you are flat.
When trading MAX Contracts, you must use your Stop or Target to exit the position.
In the 25k evaluation, your max position size is 5 contracts. If you are already trading the full 5 contracts, or trading 3 contracts as in the example below, you will get rejections when trying to close the trade with the “X” or Market Orders.
The system uses margin and contracts AVAILABLE and does not know you are trying to flatten an existing position. It only checks the total number of active contracts plus the market order number of contracts.
*Refer to the table below for detailed evaluation account information and payout structure.
Detailed Account & Payout Structure Information
Account Size
Cost
Days To Pass
Target to Pass
Max DrawDown
Max Position Size
Activation Fee
Reset Fee
Withdraw Above
Schedule- 1st 60 Trading Days
Before 16th Payout
After 16th Payout
25k
$149.00
1
$1,250.00
$1,750.00
5 contracts / 5 micros
$119
$59.00
$26,850.00
$1250 Every 8 Trading Days
90%
100%
50k
$249.00
1
$2,750.00
$2,250.00
10 contracts / 10 micros
$129
$79.00
$52,350.00
$2000 Every 8 Trading Days
90%
100%
75k
$299.00
1
$4,250.00
$2,750.00
12 contracts / 12 micros
$159
$99.00
$77,850.00
$2250 Every 8 Trading Days
90%
100%
100k
$319.00
1
$5,500.00
$3,300.00
14 contracts / 14 micros
$179
$99.00
$103,400.00
$2750 Every 8 Trading Days
90%
100%
150k
$399.00
1
$8,500.00
$4,800.00
17 contracts / 17 micros
$199
$99.00
$154,900.00
$3000 Every 8 Trading Days
90%
100%
Drawdown Lock = When the drawdown will stop trailing your account, once you have achieved enough equity in the account.
$25,000
$26,850.00
$28,600.00
$50,000
$52,350.00
$54,600.00
$75,000
$77,850.00
$80,600.00
$100,000
$103,400.00
$106,700.00
$150,000
$154,900.00
$159,700.00
Nexgen Requires 8 Trading Days To Be Completed For Each Payout Requested
Once in a Semi-Live Account or Live ProTrader Account, you can withdraw profits exceeding the plan's drawdown buffer. This drawdown buffer, equal to the max drawdown, will be used to pad the account so that failing the account becomes as difficult as possible. Any withdrawals during the 60 Trading days probation period count as part of your 16 total payouts.
Minimum Payout Rule
The minimum payout request is $500 USD.
You must have at least $600 above your account buffer to request a withdrawal.
60 Trading Days Probation Period
During the first 60 Trading Days on a Semi-Live account, withdrawals are capped by account size (see the table above).
Payouts are available every 8 trading days.
Withdrawals are calculated on profits above the account buffer + $100.
For each payout, the account profit must be at least the amount of your payout request since your last request. Meaning you can't make 25k on day 1, then earn $50 per day for 8 days, and request a $3,000 payout when the profits equal $400 for the current trading days period.
After 60 Trading Days and before the 16th Payout
Withdrawals remain every 8 trading days (not calendar days).
Traders can withdraw 90% of profits above the account buffer + $100.
Upon reaching the 16th payout, Nexgen may transition the trader to a live, real-money account with a power of attorney. From this point forward, the trader will receive 100% of the profits generated in the live account.
Profit Consistency Rule
In any 8-day payout cycle, no more than 30% of total profits may come from a single trading day.
If one day makes up more than 30%, no payout will be processed until further trading reduces that day’s weight to 30% or less.
Example If you make $5,000 in one day and little else, you cannot withdraw. To qualify, you need to grow your total profit to at least $16,667 above the account buffer + $100, where $5,000 is 30% or less of the total.
Rules That Disqualify Your Account & Require Reset
Violating any of these rules will immediately disqualify you from Nexgen's ProTrader Funding Evaluation, Sim/Live Trader, and ProTrader Live Accounts.
Reaching your Drawdown Limit.
Holding an Overnight Position: Margin requirements and Risk are VERY HIGH, so do not hold past 5 minutes before the close, or your account will be terminated.
No High-Frequency Trading. IE. The average of your trades that last 15 or fewer seconds would be considered HFT. Sometimes, you get stopped, or the market jumps quickly to a target! So, there may be trades here or there, but as an overall average, trades should take longer than 15 seconds.
You cannot let someone else trade your account. You must be the trader.
Do not trade beyond 5 minutes before the market's close. You will be warned via email, but repeated warnings may result in account termination. Remember that agricultural products and others may have different closing times than equity indexes. It is up to you to know when your markets close.
Do not be in an open position 1 minute before or until 1 minute after any US red flag news event, as denoted by Forex Factory's Economic Calendar.
Do not place new trades within 5 minutes of market close—low liquidity can cause poor fills or forced overnight positions. Violations WILL RESULT in account closure.
Examples Of Restricted News Events:
Non-Farm payroll (NFP). These events take place on the first Friday of each month at 8:30 AM Eastern.
Consumer Price Index – CPI.
News event: crude oil or natural gas inventories. Prohibited products: crude oil, natural gas.
FOMC meeting minutes/announcements. These sessions take place on Wednesdays at 2:00 p.m. Eastern Time, and trading during this time is usually very volatile.
News event: bond auctions. Prohibited products - 2-Year, 5-Year, 10-Year. 30-Year bonds or notes.
Additional Conditions Not Allowed:
Simultaneously going LONG in one account and SHORT in the other will immediately disqualify you from being able to trade with Nexgen forever.
If a market is limited up or down, you cannot place a trade for 5 minutes after trading resumes. This hasn't happened in a long time, but it will again one day, so remain vigilant.
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