Common questions about payouts can be found below for both ATL and IFA plans. All plans require verification of KYC before being paid out. Profit split can be as high as 90/10 (90% retained by the trader) if a trader does not copy trade their IFA accounts.

LIVE Common Questions

Q: When can I request a payout?

Any time there is a profit made above the starting balance.

Q: Are there any rules in a Live account that would disqualify me from a payout?

No, there are no rules for consistency, maximum payouts, minimum trading days, videos, etc. There is a daily soft stop to protect all parties since it is real money.

IFA Payout Request

Q: How does consistency buffer work ?

The $25k and $50k plans feature a valuable feature for traders to still receive a payout even if the 20% consistency is not met.

NexGen will allow the $25k and $50k plans up to 25% consistency only on the first payout for a 50/50 profit split. Example: $50k account reaches the profit target with 25% consistency. This trader can request $2000 and will receive $1000 in their payout. Traders can opt to continue trading to bring consistency down to 20% for a higher split.

Q: What if I go over the 10 day payout period?

There is no penalty for taking longer than 10 days to reach the payout goal. After receiving a payout, the day counter starts over and traders are able to reach their next payout in as little as 10 days.

Q: Why is KYC required for IFA but not LIVE?

KYC is done by our brokers when you gain a LIVE account. IFA plans are simulated-live which required NexGen to do the KYC for payouts. KYC will be required after you qualify for a payout.

Q: Can I copy trade IFA palns?

Copy trading is allowed on IFA plans and is available with built-in ProjectX functionality.