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, Stop Trading On It ***
The rules for all accounts are the same from Evaluation to ProTrader Live Accounts. This section is just a reminder of the rules to ensure your account remains in good standing and is eligible for payment from Nexgen. Let's review them...
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 5 trading days is required to pass the account. There is no time limit to achieve this; take as long as needed while maintaining an active subscription. *Refer to the table below for the detailed evaluation account information & payout structure.
Rule 2. Do Not Hit The Daily Loss Limit
The daily loss limit applies to unrealized losses. This means the system automatically closes your open positions if the loss limit has been reached. Breaking the daily loss limit rule will lead to immediate account disqualification. *Refer to the table below for the detailed evaluation account information & payout structure.
Rule 3. 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 gives traders the most advantageous/straightforward rules. 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 4. Do Not Trade More Than Allowed Contracts
Your maximum position size is determined by the number of contracts allowed for the account size you choose to trade.
*Refer to the table below for the detailed evaluation account information & payout structure.
Detailed Account & Payout Structure Information
Account Size
Cost
Days Required To Pass
Target to Pass
Daily Loss Limit
Max Drawdown
Max Position Size
Activation Fee
Reset Fee
Withdraw Above
Payout Schedule - First 60 Days
Before 16th Payout
After 16th Payout
25k
$149.00
5
$1,250.00
$700.00
$1,750.00
5 contracts / 5 micros
$119
$59.00
$1,750.00
$1250 Every 8 Trading Days
90%
100%
50k
$249.00
5
$2,750.00
$1,300.00
$2,250.00
10 contracts / 10 micros
$129
$79.00
$2,250.00
$2000 Every 8 Trading Days
90%
100%
75k
$299.00
5
$4,250.00
$1,800.00
$2,750.00
12 contracts / 12 micros
$159
$99.00
$2,750.00
$2250 Every 8 Trading Days
90%
100%
100k
$319.00
5
$5,500.00
$2,500.00
$3,300.00
14 contracts / 14 micros
$179
$99.00
$3,300.00
$2750 Every 8 Trading Days
90%
100%
150k
$399.00
5
$8,500.00
$3,600.00
$4,800.00
17 contracts / 17 micros
$199
$99.00
$4,800.00
$3000 Every 8 Trading Days
90%
100%
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-day probation period count as part of your 16 total payouts.
60-Day Probation Period: During the first 60 calendar days on a Semi-Live or Live ProTrader account, withdrawals are capped based on account size (see table above).
Post-Probation Access: After completing the 60-day period, traders are eligible to withdraw 90% of profits above the account's buffer.
Account Buffer: The buffer is based on your trailing max drawdown and must remain intact after any withdrawal.
Withdrawal Frequency: Withdrawals can be requested every 8 active trading days, assuming account conditions are met.
Rules That Will Disqualify Your Account & Require A Reset
Violating any of these rules will immediately disqualify you from Nexgen's ProTrader Funding Evaluation, Sim/Live Trader, and ProTrader Live Accounts, and you will have to reset your evaluation account.
Hitting your Daily Loss Limit.
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 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. 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 trade 1-minute before or until 1-minute after any 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 may lead to disqualification or account review.
Restricted news events are as follows:
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.
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