Nexgen ProTrader Funding (Closed)

    In short: Nexgen ProTrader Funding is a United States-based futures proprietary trading firm. Nexgen ProTrader Funding shut down operations on 10/01/2026; its evaluation accounts, which started at $149, can no longer be bought. Funded traders keep a 100% on Sim/Live (payout caps), 90/10 on Live Cash profit split.

    Nexgen ProTrader Funding logo

    Nexgen ProTrader Funding

    VerifiedInstant FundingEOD (with intraday limits) Drawdown
    🇺🇸 United StatesCEO: John NovakEnigma Score
    7.4/10

    Nexgen Pro Trader Funding shut down operations on 10/01/2026. Nexgen ProTrader Funding provides traders with a way to access the futures markets without needing to commit large amounts of personal capital. They offer evaluation and instant funding accounts to help traders develop their skills and earn payouts.

    Nexgen ProTrader Funding shut down operations on 10/01/2026. Its plans can no longer be bought.

    CLOSED
    Shut down — 10/01/2026

    No code or offer applies any more.

    Compare active prop firms

    Quick Facts

    Profit Split

    100% on Sim/Live (payout caps), 90/10 on Live Cash

    Max Allocation

    $150K per account (10 evaluations, 3 instant accounts)

    First Payout

    5 days

    Payout Frequency

    Every 5 qualified trading days

    Company Information

    Company
    Nexgen ProTrader Funding
    CEO / Founder
    John Novak
    Country
    United States
    Years Operating
    N/A
    Broker
    Not disclosed
    Leverage
    Varies

    Features & Rules

    KYC Required
    VPN Allowed
    Daily Payouts
    One Day Pass
    Demo Available
    EOD (with intraday limits) Drawdown
    Max 10 Accounts

    Payment Methods

    Credit/Debit Cards
    Apple Pay
    Paypal
    Bank Transfer

    Overview

    Profit Split
    100% on Sim/Live (payout caps), 90/10 on Live Cash
    Trader's share
    Max Funding
    $150K per account (10 evaluations, 3 instant accounts)
    Simulated capital
    First Payout
    5 Days
    After passing
    Payout Cycle
    Every
    Payout frequency
    Established
    2022
    Year founded
    Max Accounts
    10
    Accounts allowed
    Drawdown Type
    EOD (with intraday limits)
    Trailing drawdown
    Activation Fee
    None
    One-time fee only

    Enigma Rating

    7.4/10
    Strong

    100% data confidence

    Follows the best-rated of 10 plans, each scored on its own rules and price against plans with the same drawdown type.

    💵Value Index53

    Net first payout you can expect per dollar paid in (repeat your eval result once, after the split and any cap; monthly plans count an expected 1.5 months of fees) — vs. every plan in the same market. — ≈ $7.5 first payout / $1 spent · Nexgen Rapid Evaluation (monthly) 150K

    🛟Risk Cushion70

    How much USABLE loss buffer you get for what you pay in — a static drawdown counts in full, an end-of-day trailing one 85%, an intraday trailing one 60% — vs. every plan in the same market. — ≈ $13.5 buffer / $1 spent · Nexgen Rapid Evaluation (monthly) 150K

    🏁Payout Reach82

    How quickly you reach a first withdrawal — eval days, funded days, the profit buffer and the payout cycle — how cheaply, and how much you can withdraw per month across all allowed accounts before going live. — ≈ 6 trading days to a first payout · $334 all-in · Nexgen Rapid Evaluation (monthly) 150K

    🪶Pass Ease84

    How few restrictive rules stand between you and getting funded — scored per plan from its own eval and funded rules (static > locking trailing > end-of-day > intraday drawdown, buffer vs target, daily loss limit, consistency, min days, phases). — Friction: 50% consistency rule once funded, $4,600 profit buffer before the first withdrawal, First payout capped at $2,500 · Nexgen Rapid Evaluation (monthly) 150K

    ⭐Trader Sentiment86

    Reliability: Trustpilot score weighted by how many reviews stand behind it, the trend of the latest reviews, complaint themes and consumer alerts, plus track record (review volume and years operating). — 4.7/5 Trustpilot (432 reviews) · recent 60 reviews average 4.3 · praised: Fast payouts (33%), Helpful support (20%) · complaints: Scam accusations (5%)

    Rating by plan

    All-in price includes the live discount
    PlanAccountTotal costValueCushionPayoutEaseRating
    Nexgen Rapid Evaluation (monthly)25K$163.70−70%395266916.0/10
    Nexgen Instant (no evaluation)25K$209.40−40%364870925.9/10
    Nexgen Rapid Evaluation (monthly)50K$203.70−70%535975876.7/10
    Nexgen Instant (no evaluation)50K$239.40−40%545979926.9/10
    Nexgen Rapid Evaluation (monthly)75K$257.70−70%505877856.6/10
    Nexgen Instant (no evaluation)75K$299.40−40%515982926.9/10
    Nexgen Rapid Evaluation (monthly)100K$283.70−70%566180846.9/10
    Nexgen Instant (no evaluation)100K$389.40−40%515684926.9/10
    Nexgen Rapid Evaluation (monthly)Best150K$333.70−70%537082847.1/10
    Nexgen Instant (no evaluation)150K$509.40−40%456185926.9/10

    Why the best plan scores well

    • +End-of-day drawdown in eval
    • +End-of-day drawdown once funded
    • +No daily loss limit
    • +No consistency rule in eval
    • +Pass in as little as 1 day

    What holds it back

    • −50% consistency rule once funded
    • −$4,600 profit buffer before the first withdrawal
    • −First payout capped at $2,500

    What recent reviews say

    • +Fast payouts (33%)
    • +Helpful support (20%)
    • +Clear rules (8%)
    • −Scam accusations (5%)

    Trading Platforms

    📈TradingView
    🖥️CQG
    🖥️Sierra Chart
    🖥️DeepCharts
    🖥️Bookmap
    🖥️Jigsaw
    🖥️Bluewater
    🖥️GoCharting

    Tradable Assets

    📜Futures

    Payment Methods

    Credit/Debit Cards
    Apple Pay
    Paypal
    Bank Transfer

    Payout Methods

    PayPal
    Rise

    Key Features

    News Trading
    Yes
    Trade high-impact news
    Weekend Holding
    No
    Hold over weekends
    EA/Bots Allowed
    Yes
    Automated trading
    Scalping
    Yes
    Quick trades allowed
    Micro-scalping
    No
    Ultra-fast trades
    Hedging
    Yes
    Opposite positions
    VPN Allowed
    No
    Use VPN/VPS
    DCA Allowed
    Yes
    Dollar cost average
    Copy Trading
    Yes
    Copy other traders
    KYC Required
    Yes
    Identity verification
    Daily Payouts
    No
    Get paid daily
    One Day Pass
    Yes
    Pass in 1 day
    Key Highlights
    100% on Sim/Live (payout caps), 90/10 on Live Cash Profit Split
    Payouts: Every 5 qualified trading days
    Up to $150K per account (10 evaluations, 3 instant accounts) Funding

    Risk-Reward Profile

    Aggressive
    Conservative
    Moderate
    Aggressive

    Trading Flexibility Score

    Based on Nexgen ProTrader Funding's trading rules, this firm offers a aggressive trading environment. Ideal for active traders who want flexibility with their strategies.

    Indicative classification derived from the firm's published rule flags (scalping, news trading, consistency rules, etc.). Not part of the Enigma Score — see our methodology page for how firms are actually scored.

    Scalping Allowed
    News Trading
    EAs Allowed
    Consistency Rule

    Market Position

    Nexgen ProTrader Funding at a glance

    Profit Split
    100% on Sim/Live (payout caps), 90/10 on Live Cash
    Not enough peer data to rank
    Max Funding
    $150K per account (10 evaluations, 3 instant accounts)
    Not enough peer data to rank

    Challenge Plans & Pricing

    Closed — plans can no longer be bought

    Evaluation vs Funded Account

    What Changes When You Get Funded

    Key rule differences between evaluation and funded phases

    Rule
    Evaluation
    Funded
    Profit Target
    8-10%
    None
    Daily Drawdown
    3-5%
    3-5%
    Max Drawdown
    6-10%
    6-10%
    Profit Split
    0%
    100% on Sim/Live (payout caps), 90/10 on Live Cash
    Time Limit
    Min 1 days
    Unlimited
    Withdrawals
    Not Allowed
    Every 5 qualified trading days
    Highlighted = Changes when funded
    Improved for funded traders

    Payout Journey

    First Payout:
    ~10 days after passing
    Payout Frequency:
    Every 5 qualified trading days
    Profit Split:
    100% on Sim/Live (payout caps), 90/10 on Live Cash

    Pass Evaluation

    Varies

    Complete all evaluation phases and meet profit targets

    KYC Verification

    1-3 days

    Submit identity documents for verification

    Receive Funded Account

    1-2 days

    Get access to your live funded trading account

    First Payout Eligible

    5 days

    Meet the minimum trading period before first withdrawal

    Request Payout

    Every 5 qualified trading days

    Submit withdrawal request and receive your profits

    Available Payout Methods
    PayPal
    Rise

    Trading Rules

    Trading Permissions

    News Trading
    Weekend Holding
    EA / Bots
    Scalping
    Micro-scalping
    Copy Trading
    HFT
    Hedging
    Scaling

    Trading Requirements

    Min. Trading Days1
    Max Inactivity—
    News BlackoutNone
    Drawdown TypeEOD (with intraday limits)
    First Payout5 days

    Additional Rules

    Consistency Rule

    None in the evaluation. Sim/Live and Instant accounts: 50% consistency with a 5-qualified-day payout schedule (legacy NEXLIVE accounts: 40% and 7 days).

    Inactivity Rule

    No inactivity rule on Nexgen accounts.

    Evaluation Guidelines

    Futures prop firm with a 1-day-pass monthly evaluation (Nexgen Rapid, $25K-$150K, EOD drawdown, no daily loss limit, no inactivity rule, one-time activation fee) and a one-time Nexgen Instant account that skips the evaluation. Sim/Live accounts pay 100% of capped payouts every 5 qualified trading days once you are above the drawdown buffer + $100; consistent traders are interviewed for Nexgen Live Cash accounts (real capital via GFF Brokers, 90/10, no cap). Flash promos: FLASH90 (90% off evaluations) and FUNDED40 (40% off instant), ending 9/16/26.

    Drawdown Policy

    Positions auto-liquidate when the profit objective is hit. Contract limits per size (5-17 minis); at or above 50% of the limit you must exit with smaller orders or stops/targets, not market-close. Do not hit the drawdown intraday even though it is calculated end of day. No daily loss limits. Payouts via PayPal or Rise ($50 flat fee on Rise) within 2-5 business days after KYC; CQG / TradingView data (TradingView needs a paid plan for live data).

    Trust & Track Record

    —
    Not yet rated
    Trust Score
    4/5 criteria met
    0+ years
    In Business
    United States
    Location
    John Novak
    CEO
    N/A
    Broker
    Established
    Reviews(432+)
    High Rating(4.7)
    Leadership(Disclosed)
    Support(3 channels)

    Reviews & Verdict

    The Upside

    What we love

    High Profit Split

    Traders keep 100% on Sim/Live (payout caps), 90/10 on Live Cash of their profits.

    Fast Payouts

    Payouts processed within 5 days.

    Instant Funding Available

    Skip evaluation with instant funding options.

    Bots/EAs Allowed

    Trade with automated systems and expert advisors.

    News Trading Allowed

    No restrictions on trading during news events.

    The Downside

    Room for improvement

    Consistency Rule

    None in the evaluation. Sim/Live and Instant accounts: 50% consistency with a 5-qualified-day payout schedule (legacy NEXLIVE accounts: 40% and 7 days).

    KYC Required

    Identity verification required before trading.

    No Weekend Holding

    Positions must be closed before weekends.

    HFT Not Allowed

    High-frequency trading strategies are restricted.

    Trustpilot Reviews

    View All

    Community Reviews

    —
    out of 5
    Based on 0 reviews

    Rating Distribution

    View on Trustpilot
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    Frequently Asked Questions

    Support & Contact

    About Nexgen ProTrader Funding

    Capital can scale up to $150K per account (10 evaluations, 3 instant accounts). Payouts: Every 5 qualified trading days, with a first withdrawal available after 5 days. Risk is managed using the EOD (with intraday limits) drawdown model, and a consistency rule applies: None in the evaluation. Sim/Live and Instant accounts: 50% consistency with a 5-qualified-day payout schedule (legacy NEXLIVE accounts: 40% and 7 days). Trading is available on TradingView, CQG, Sierra Chart, DeepCharts, Bookmap across Futures. On Trustpilot it holds 4.7/5 from 432 reviews. The details on this page are kept for reference only; compare active prop firms on FundedEnigma instead.

    Trustpilot rating: 4.7 / 5 from 432 reviews

    Nexgen ProTrader Funding — Frequently asked questions

    Is Nexgen ProTrader Funding still operating?
    No. Nexgen Pro Trader Funding shut down operations on 10/01/2026. Its plans can no longer be bought, and our code and links for it are no longer valid.
    How much did Nexgen ProTrader Funding cost?
    Nexgen ProTrader Funding evaluations started at $149 (base price) before the firm shut down operations on 10/01/2026. They can no longer be bought.
    What is Nexgen ProTrader Funding's profit split?
    Nexgen ProTrader Funding offers a 100% on Sim/Live (payout caps), 90/10 on Live Cash profit split.
    What is Nexgen ProTrader Funding's payout policy?
    Nexgen ProTrader Funding's payout policy is: Every 5 qualified trading days.
    Does Nexgen ProTrader Funding have a consistency rule?
    Yes — Nexgen ProTrader Funding applies a consistency rule: None in the evaluation. Sim/Live and Instant accounts: 50% consistency with a 5-qualified-day payout schedule (legacy NEXLIVE accounts: 40% and 7 days).
    What drawdown type does Nexgen ProTrader Funding use?
    Nexgen ProTrader Funding uses EOD (with intraday limits) drawdown.
    What are Nexgen ProTrader Funding's payout rules?
    At Nexgen ProTrader Funding, payouts are every 5 qualified trading days; the first payout can be requested after 5 days; payout methods are PayPal, Rise.

    By — reads every firm’s official rulebook, checks prices and codes daily, and maintains the Enigma Score · Methodology · Editorial policy · Last updated October 2, 2026

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