CFDSaint Lucia

NextGen Funding

Explore available platforms, evaluation programs and payout rules.

Score: 5.3/10
Safety grade: B
Founded: Jul 2024
Direct funding: Not available

Read full company overview

NextGen Funding is a proprietary trading firm operated by NG Funding Ltd (registered in Saint Lucia) with payment processing via NG Funding Services Ltd (Nicosia, Cyprus). Backed by Errante, a multi-regulated broker. NextGen offers three challenge types (Standard 2-step, Rapid 2-step with no minimum days, Ace 1-step) across six account sizes from $5K to $200K. Traders can earn up to 90% profit split with balance-based drawdown, unlimited trading days, weekly payouts (processed within 24 hours), and access to a $1M scaling plan. Trading is on MetaTrader 5 with raw spreads and $3 FX/metals commission.

Profit splitUp to 90%

PayoutsWeekly

Platforms

Trading platforms supported by NextGen Funding.

MetaTrader 5 (MT5)

Trading platform supported by this firm.

Programs & evaluation

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

Profit split: Up to 90%
Programs & evaluation: Multiple programs (see official website)

Standard Challenge $10K

Account size: $10K
Profit target: 10%
Drawdown model: Static

Rapid Challenge $10K

Account size: $10K
Profit target: 8%
Drawdown model: Static

View all 18 programs

Ace Challenge $10K

Account size: $10K
Profit target: 10%
Drawdown model: Static

Standard Challenge $5K

Account size: $5K
Profit target: 10%
Drawdown model: Static

Rapid Challenge $5K

Account size: $5K
Profit target: 8%
Drawdown model: Static

Ace Challenge $5K

Account size: $5K
Profit target: 10%
Drawdown model: Static

Standard Challenge $25K

Account size: $25K
Profit target: 10%
Drawdown model: Static

Rapid Challenge $25K

Account size: $25K
Profit target: 8%
Drawdown model: Static

Ace Challenge $25K

Account size: $25K
Profit target: 10%
Drawdown model: Static

Standard Challenge $50K

Account size: $50K
Profit target: 10%
Drawdown model: Static

Rapid Challenge $50K

Account size: $50K
Profit target: 8%
Drawdown model: Static

Ace Challenge $50K

Account size: $50K
Profit target: 10%
Drawdown model: Static

Standard Challenge $100K

Account size: $100K
Profit target: 10%
Drawdown model: Static

Rapid Challenge $100K

Account size: $100K
Profit target: 8%
Drawdown model: Static

Ace Challenge $100K

Account size: $100K
Profit target: 10%
Drawdown model: Static

Standard Challenge $200K

Account size: $200K
Profit target: 10%
Drawdown model: Static

Rapid Challenge $200K

Account size: $200K
Profit target: 8%
Drawdown model: Static

Ace Challenge $200K

Account size: $200K
Profit target: 10%
Drawdown model: Static

Payouts & rules

Get paid weekly with a variety of methods and clear rules.

Payouts & payments: Multiple options (see official website)
Payouts & payments: Multiple options (see official website)
Payouts: Weekly
Payout frequency note: Once per week, starting 14 days after first trade. Minimum profit $100. Processed within 24 hours after approval.

No published trading rules.

What stands out

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

Key benefits

Backed by Errante (multi-regulated broker), balance-based drawdown, 24-hour payout processing, up to 90% profit split, unlimited trading days, EAs and weekend holding allowed, raw spreads with $3 commission on FX/metals, up to $200K starting account, $1M scaling cap

Things to consider

Single platform (MetaTrader 5 only), 50% profit distribution rule on funded accounts (max 50% of profit from a single day), KYC required after passing challenge, country restrictions include USA + India + many others

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