> For the complete documentation index, see [llms.txt](https://nexgen-software-services.gitbook.io/nexgen-pro-trader-funding/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nexgen-software-services.gitbook.io/nexgen-pro-trader-funding/funded-account-info/legacy-account-rules-discontinued.md).

# Legacy Account Rules (discontinued)

***

{% hint style="danger" %}

## **IMPORTANT**

All Sim/Live Nexgen ProTrader Funding Accounts on Legacy rules have 40% consistency and a 7-Trading-Day Payout schedule.\
**Legacy funded accounts ( old rules ) start with NEXLIVE**

***

All Sim/Live Nexgen ProTrader Funding Accounts on Rapid Pass/Evals have 50% consistency and a 5-Qualified-Trading-Day Payout schedule.\
**New funded accounts ( new rules ) start with NPFLIVE**
{% endhint %}

***

{% hint style="success" %}
You must be 18 years or older to participate. You may not be from the [restricted countries list](https://faq.ampfutures.com/hc/en-us/articles/10797726829463-Restricted-Countries-List).\
\
You may only register **one email address** with Nexgen ProTrader Funding. Creating multiple accounts using different email addresses is not allowed and may result in all related accounts being closed.
{% endhint %}

***

## <mark style="color:$warning;">Funded / Instant Account Rules</mark>

Violating any of these rules will or may immediately disqualify you from Nexgen's ProTrader Funding Evaluation and/or Sim/Live Accounts.

{% stepper %}
{% step %}

### <mark style="color:$warning;">Reaching Your Drawdown Limit:</mark>

Do not hit your drawdown limit intraday; drawdowns calculated at the end of the day will still have intraday limits.\
[**Click: For a detailed explanation of how Nexgen calculates Draw-Down.**](https://nexgen-software-services.gitbook.io/nexgen-pro-trader-funding/evaluations/draw-down-explained)

***

{% endstep %}

{% step %}

### <mark style="color:$warning;">**Do Not Trade More Than Allowed Contracts:**</mark>

| Account Size | Max Contracts | Mini Contracts | Micro Contracts |
| :----------: | :-----------: | :------------: | :-------------: |
|      25K     |       5       |        5       |        5        |
|      50K     |       10      |       10       |        10       |
|      75K     |       12      |       12       |        12       |
|     100K     |       14      |       14       |        14       |
|     150K     |       17      |       17       |        17       |

Your max position size depends on your account’s contract limit.\
If you trade at max contracts or over 50% of max, you must manage exits carefully:

* You cannot use a market order to exit
* You cannot close using the “X”

To close positions over 50% of max:

* Use smaller market orders (below max) until flat
* If at max contracts, use your Stop or Target to exit

Example: On a 25k eval (max 5 contracts), trading 3–5 contracts will cause rejection if you try to exit with “X” or full-size market orders.

This happens because the system checks the total number of active contracts plus your order size, not whether you’re closing a position.

{% embed url="<https://www.youtube.com/watch?v=RUunxhHyKt8>" %}

***

{% endstep %}

{% step %}

### <mark style="color:$warning;">**DCA/MAE Rule:**</mark>

Nexgen traders will be allowed to scale contracts as they see fit, provided they remain within the account’s defined risk tolerances.

***

{% endstep %}

{% step %}

### <mark style="color:$warning;">No Account Flipping:</mark>

Traders must maintain reasonable consistency in position sizing and overall trading behavior. Erratic, disproportionate, or unexplained changes in contract size may be treated as inconsistent trading.\
\
Disciplined scaling into winning positions is permitted when it is part of a consistent trading plan.

Practices such as taking oversized windfall trades, trading maximum size without a demonstrated pattern, flipping minimal micro contracts only to create trading days, or repeatedly blowing accounts while seeking large lucky wins may result in review, payout delay, payout denial, account limits, suspension, or account closure.

A trader may not have more than one trading day in a seven-trading-day payout period that Nexgen reasonably determines to be flipping or non-substantive activity. ProTrader accounts must be traded only by the individual named on the account and this agreement
{% endstep %}

{% step %}

### <mark style="color:$warning;">Risk To Reward Ratio Rule:</mark>

Nexgen Traders' #1 goal is to make money. We will NOT penalize unfavorable risk-to-reward ratios provided they remain within the account’s defined risk tolerances.

***

{% endstep %}

{% step %}

### <mark style="color:$warning;">Holding An Overnight Position:</mark>

Margin requirements and Risk are very high, so do not hold beyond 5 minutes before the close at 4:55 PM EST, or your account will be terminated. You will be warned via email for prohibited trading.\ <mark style="color:red;">**3 or more**</mark>**&#x20;**<mark style="color:red;">**violations will result in account closure**</mark>

***

{% endstep %}

{% step %}

### <mark style="color:$warning;">Must Meet - 7 Trading Days</mark>

***

{% endstep %}

{% step %}

### <mark style="color:$warning;">No Account Sharing:</mark>

You cannot let someone else trade your account. *You* must be the trader.

Group trading, coordinated trading, or shared trading activity is strictly prohibited. Each trader must independently manage and execute trades on their own accounts.

This includes, but is not limited to:

* Manually copying trades from another person
* Trading side by side using the same entries and exits
* One individual directing or signaling trades to another person in real time
* Spouses, family members, friends, or business partners mirroring each other’s trading activity
* Using the same strategy execution in a coordinated manner across multiple individuals

All accounts must reflect independent trading decisions and risk management. Accounts identified as participating in coordinated or group trading activity may be suspended, failed, or permanently banned at our discretion.\ <mark style="color:red;">**1 v**</mark><mark style="color:red;">**iolation will result in account closure**</mark>

***

{% endstep %}

{% step %}

### <mark style="color:$warning;">News Trading:</mark>

Nexgen has no restrictions on trading during any news events on Evaluation & Sim/Live Accounts.

***

{% endstep %}

{% step %}

### <mark style="color:$warning;">Intentional Account Hedging:</mark>

Nexgen strictly prohibits any form of hedging or offset trading designed to reduce, neutralize, or transfer risk between accounts, products, traders, or contract months.

Engaging in these activities may result in immediate account termination and permanent disqualification from trading with Nexgen.

The following examples, but not limited to, are prohibited:

<table data-search="false"><thead><tr><th align="center">Example</th><th align="center">Status</th></tr></thead><tbody><tr><td align="center">Long NQ / Short MNQ</td><td align="center">Prohibited – Same underlying market</td></tr><tr><td align="center">Long ES / Short MES</td><td align="center">Prohibited – Same underlying market</td></tr><tr><td align="center">Long ES / Short NQ</td><td align="center">Prohibited when used as a correlated index hedge</td></tr><tr><td align="center">Long ES / Short YM</td><td align="center">Prohibited when used as a correlated index hedge</td></tr><tr><td align="center">Long NQ (June) / Short NQ (September)</td><td align="center">Prohibited – Same underlying market across different contract months</td></tr><tr><td align="center">Long in Account A / Short in Account B</td><td align="center">Strictly Prohibited – Cross-account hedging</td></tr><tr><td align="center">Long position held by one trader while a spouse, family member, or related party holds the opposing position</td><td align="center">Strictly Prohibited – Related-party coordination</td></tr></tbody></table>

This policy applies regardless of account type.

Any attempt to circumvent this policy may result in account closure, forfeiture of account privileges, and a permanent ban from the Nexgen platform.\ <mark style="color:red;">**1 v**</mark><mark style="color:red;">**iolation will result in account closure**</mark>

***

{% endstep %}

{% step %}

### <mark style="color:$warning;">Market Limit Up/Down:</mark>

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.

***

{% endstep %}
{% endstepper %}

***

## <mark style="color:$warning;">Legacy Account Drawdowns:</mark>

| Account Size | Max Drawdown | Locked Drawdown Balance | Account Balance Required to Trigger Drawdown Lock |
| :----------: | :----------: | :---------------------: | :-----------------------------------------------: |
|    $25,000   |    $1,250    |         $26,350         |                      $27,600                      |
|    $50,000   |    $2,000    |         $52,100         |                      $54,100                      |
|    $75,000   |    $2,500    |         $77,600         |                      $80,100                      |
|   $100,000   |    $3,000    |         $103,100        |                      $106,100                     |
|   $150,000   |    $4,500    |         $154,600        |                      $159,100                     |

***

## <mark style="color:$warning;">Legacy Account Payout Rules</mark>

**Legacy-funded accounts (old rules) start with NEXLIVE and must meet 7 Trading Days for payouts.**

| Account Size | Withdraw Above | Payout Cap On Sim/Live Accounts |
| :----------: | :------------: | :-----------------------------: |
|     $25K     |     $26,350    |               $750              |
|     $50K     |     $52,100    |              $1,500             |
|     $75K     |     $77,600    |              $1,750             |
|     $100K    |    $103,100    |              $2,250             |
|     $150K    |    $154,600    |              $2,500             |

<details>

<summary>Minimum Payout Rule</summary>

* The minimum payout request is **$500 USD.**
* You must have at least **$600 in your account balance above your account buffer** to request a withdrawal.

</details>

<details>

<summary>Payouts Are Based On What You Make in Each Payout Period</summary>

You can only request a payout based on the profit you make during that payout period. If you make more profit than you withdraw, the extra profit may still help move your drawdown up under our rules, but it cannot be saved and withdrawn in a later payout period. Please see the **Payout Cap Model Above** for more details.

For example, if you make $12,000 in one payout period and then make $1,500 in the next payout period, the most you can request in that next payout period is $1,500.

This rule is in place to ensure payouts are based on consistent performance and to prevent traders from running up a huge balance and then using profits from an earlier payout period to support future payout requests.

</details>

<details>

<summary>40% Consistency Rule</summary>

* In any 7-trading-day payout cycle, **no more than 40% of total profits** may come from a single trading day.
* If one day makes up more than 40%, no payout will be processed until further trading reduces that day’s weight to 40% or less.

**Consistency % = (Largest Profitable Trading Day ÷ Total Profits Since Last Payout) × 100**

</details>

<details>

<summary>Payout Eligibility At Time Of Processing</summary>

Any payout request is subject to the requested funds remaining available in the trading account at the time the payout is processed. If subsequent trading losses reduce or eliminate those available funds before the payout is issued, the payout amount may be reduced, delayed, or denied accordingly.

</details>

<figure><img src="/files/hjvLTJR7zgv5PC7EhLsf" alt=""><figcaption></figcaption></figure>


---

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