Nexgen ProTrader Funding

CEO John Novak

Country

USA

Date Created Jan 2024

Years in Operation 2

2.0

★ ★ ☆ ☆ ☆

1 total reviews

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Nexgen ProTrader Funding

2.0 ★ 1

Get 90% off with our code

Code FPT

Firm Overview

Broker:

Amp / CQG

Platform:

Payment Methods:

Credit Card Debit Card

Payout Methods:

ACH Bank Wire PayPal

Instruments and Assets

Type of Instruments:

Futures

Assets:

Futures

Leverage

Futures Plans

Standard: Contract limits based on account size.

Commissions

Variable

Consistency Rules

30% Consistency Rule: Best day cannot exceed 30% of total profit.

Firm Rules

Nexgen ProTrader Funding focuses on trader education and consistency, with rules designed to foster professional habits.

Model Comparison Overview

Rule	Evaluation	ProTrader
Daily Drawdown	Based on Plan	Based on Plan
Consistency	30% Rule	30% Rule
Min Trading Days	1 Day	8 Days (Payout)
HFT	Prohibited	Prohibited

HFT defined as <15s average trade duration.

Core Trading Rules

30% Consistency Rule: Max single day profit < 30% of total profit.
HFT: Strictly prohibited (Min. avg trade duration must be 15s).
Market Close: No trading 5 mins before close.
Trade Copier: Built-in trade copier provided. Traders can copy up to 5 accounts at once.
Prohibited: US RED flag News Trading, 'Flipping', Hedging, Grid, Latency Arbitrage.

Payout Policy

Payouts are cyclical and reward consistency.

Split: 90% initially, up to 100% after 16th payout.
Frequency: 8-day payout cycle.
Requirements: 8 Trading Days. Maintaining account buffer + $600.
Minimum: $500.

Restricted Countries

USA (Restricted States) , https://nexgen-software-services.gitbook.io/nexgen-pro-trader-funding/get-started/country-eligibility-and-restrictions