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FuturesUnited States

Nexgen ProTrader Funding Prop Firm Review

Explore available platforms, evaluation programs and payout rules.

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Score
6.6/10
Safety grade
B
Founded
Jan 2025
Direct funding
Not available
Profit split100% of a fixed payout cap per account size on Sim/Live and Instant accounts (25K $750, 50K $1,500, 75K $1,750, 100K $2,250, 150K $2,500) - not a percentage split. A separate product, Nexgen Live Cash Accounts, pays 90% to the trader / 10% to the firm.
PayoutsEvery 7 trading days

Programs & evaluation10

Choose from a range of evaluation programs with flexible profit splits and trading conditions.

Account size

Nexgen Rapid Eval $25K

1 step$25K
Profit target
$1,500
Maximum drawdown
$1,250 EOD Trailing
Profit split
90/10 first 60 days, then 90% above buffer, 100% after 16 payouts
Drawdown model
eod
Minimum trading days
1

Program details

Pass with 1 trading day. No daily loss limit. EOD trailing drawdown. Max 10 accounts.

Nexgen Instant $25K

Instant funding$25K
Maximum drawdown
$1,250 EOD Trailing
Profit split
90/10 first 60 days, then 90% above buffer, 100% after 16 payouts
Drawdown model
eod

Program details

Skip evaluation. Instant funded sim account. Min 7 trading days to payout. Max 3 accounts.

Nexgen Rapid Eval $50K

1 step$50K
Profit target
$3,000
Maximum drawdown
$2,000 EOD Trailing
Profit split
90/10 first 60 days, then 90% above buffer, 100% after 16 payouts
Drawdown model
eod
Minimum trading days
1

Program details

Pass with 1 trading day. No daily loss limit. EOD trailing drawdown. Max 10 accounts.

Nexgen Instant $50K

Instant funding$50K
Maximum drawdown
$2,000 EOD Trailing
Profit split
90/10 first 60 days, then 90% above buffer, 100% after 16 payouts
Drawdown model
eod

Program details

Skip evaluation. Instant funded sim account. Min 7 trading days to payout. Max 3 accounts.

Nexgen Rapid Eval $100K

1 step$100K
Profit target
$6,000
Maximum drawdown
$3,000 EOD Trailing
Profit split
90/10 first 60 days, then 90% above buffer, 100% after 16 payouts
Drawdown model
eod
Minimum trading days
1

Program details

Pass with 1 trading day. No daily loss limit. EOD trailing drawdown. Max 10 accounts.

Nexgen Instant $100K

Instant funding$100K
Maximum drawdown
$3,000 EOD Trailing
Profit split
90/10 first 60 days, then 90% above buffer, 100% after 16 payouts
Drawdown model
eod

Program details

Skip evaluation. Instant funded sim account. Min 7 trading days to payout. Max 3 accounts.

Nexgen Rapid Eval $150K

1 step$150K
Profit target
$9,000
Maximum drawdown
$4,500 EOD Trailing
Profit split
90/10 first 60 days, then 90% above buffer, 100% after 16 payouts
Drawdown model
eod
Minimum trading days
1

Program details

Pass with 1 trading day. No daily loss limit. EOD trailing drawdown. Max 10 accounts.

Nexgen Instant $150K

Instant funding$150K
Maximum drawdown
$4,500 EOD Trailing
Profit split
90/10 first 60 days, then 90% above buffer, 100% after 16 payouts
Drawdown model
eod

Program details

Skip evaluation. Instant funded sim account. Min 7 trading days to payout. Max 3 accounts.

Nexgen Rapid Eval $75K

1 step$75K
Profit target
$4,750
Maximum drawdown
$2,500 EOD Trailing
Profit split
90/10 first 60 days, then 90% above buffer, 100% after 16 payouts
Drawdown model
eod
Minimum trading days
1

Program details

Pass with 1 trading day. No daily loss limit. EOD trailing drawdown. Max 10 accounts.

Nexgen Instant $75K

Instant funding$75K
Maximum drawdown
$2,500 EOD Trailing
Profit split
90/10 first 60 days, then 90% above buffer, 100% after 16 payouts
Drawdown model
eod

Program details

Skip evaluation. Instant funded sim account. Min 7 trading days to payout. Max 3 accounts.

Promo codes

No promo codes published for this firm yet.

Platforms

Trading View
Bookmap
Sierra Chart
MotiveWave
CQG Desktop

Company overview

Nexgen ProTrader Funding is a US-based futures prop firm headquartered in Sarasota, Florida (3514 Tangier Terrace), operating under Nexgen ProTrader Funding LLC. Founded by John Novak, who has trained futures traders since 2000 through Nexgen Software Services. The prop firm was launched in 2025 and is the only futures prop firm built on AMP Futures infrastructure with professional CQG data feeds. Offers two tracks: Evaluation (monthly subscription, $25K-$150K, $149-$399/mo) and Instant (one-time fee, $299-$799). Drawdown is EOD trailing (closed trade only on funded). No daily loss limit on Evaluation. Profit split is 90/10 with capped payouts during the first 60 trading days, then 90% above buffer + $100, and 100% after 16 payouts (transition to ProTrader Live real-capital account under power of attorney).

Payouts & rules

Payment methods
Multiple options (see official website)
Payout methods
Multiple options (see official website)
Payouts
Every 7 trading days

Trading rules

Payout rules

Notes
Instant accounts require 40% consistency rule on payouts. Evaluation accounts can pass in as little as 1 trading day.
Profit split
100% Sim/Live & 90/10 Live Cash Accounts
Payouts
Every 7 Trading Days

Trading rules

Inactivity rule
No inactivity account rule
Funded drawdown rules
EOD Trailing
Funded drawdown model
eod
Funded account consistency rule
40%
Challenge drawdown rules
EOD Trailing
Challenge drawdown model
eod

What stands out

Published advantages and trade-offs to review before choosing a program.

Key benefits

AMP Futures / CQG institutional backend, no daily loss limit on Evaluation, EOD trailing drawdown (closed trade only on funded), 1-day pass possible, 100% profit split after 16 payouts, free daily Discord education, TradingView + CQG support, up to 90% off promo codes

Things to consider

Announced permanent closure on its own X account on 2026-10-02: new account sales ended 2026-10-01, accounts can no longer trade, and approved payouts were offered as a percentage-based settlement. NinjaTrader not supported, 60-day probation with capped payouts, 50% consistency rule on Instant, simulated environment until ProTrader Live transition, news trading restricted post-evaluation

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