Funded Rules
Please Take The Time To Review These Rules Carefully, Adhering To Them Ensures Your Account Remains In Good Standing & Is Eligible For Payment From Nexgen.
*** Once You Pass Your Evaluation Account, Positions Will Liquidate ***
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.
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 has a specific profit target 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 the detailed evaluation account information & 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 is the (closed trade equity minus the evaluation's drawdown max). This style of drawdown offers traders 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 the detailed evaluation account information & 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 the detailed evaluation account information & payout structure.
Detailed Account & Payout Structure Information
Be sure to scroll sideways—some details may be off-screen!
Account Size
Cost
Days Required To Pass
Target to Pass
Max Drawdown
Max Position Size
Activation Fee
Reset Fee
Withdraw Above
Payout-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%
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.
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 to a target quickly! 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. 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 occur on Fridays at 8:30 AM Eastern, once per month.
Consumer Price Index – CPI.
News event: crude oil inventories. Prohibited product: crude oil.
FOMC meeting minutes/announcements. These occur on Wednesdays at 2 pm Eastern time.
News event: bond auctions. Prohibited products - 10-year note, 30-year bond.
Going LONG in one account and SHORT in the other simultaneously 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 has not happened in a long time, but it will happen again one day.
Last updated