Start to Finish on becoming
a funded NexGen Trader
The highest success rate program for futures traders
How does Audition funding work?
NexGen has built the Audition program as test-to-funding evaluation that assess specific skills essential for success in live trading. Our trading experience is crafted to be as close to real world trading from the start to give you the advantage of reaching funding. No other firm focus on this one key goal more than NexGen.
- No consistency rules at any stage
- Daily payouts in Live
- 90/10 profit split
- One Rule: Don't breach Maximum Loss Limit
The Audition: Absolute Loss Tolerance
This evaluation phase tests a trader’s discipline and ability to adhere to a static loss limit, proving fundamental skill for protecting capital in adverse market conditions.
The Show: Funding Achieved
Upon reaching the Show stage, traders will fund their account by reaching the profit target. Doing so requires the same skills from Audition with a focus on risk management.
Trading actions ALLOWED
- Trading news
- Scaling into positions
- Passing multiple accounts
- Breaching DLL
Choose an Account based on your trading style
ATL (Audition to Live) features 2-step process with no consistency rules or payout restrictions – MAX 10 ACCOUNTS
IFA (Instant Funded Accounts) has no evaluation stages with one rule, consistency – MAX 3 ACCOUNTS
ATL (Audition to Live)
Max Position
2/20
Profit Target
$1500
Static Max Loss Limit
$1000
Consistency
No
Payout Frequency
Every Day
Daily Soft Stop
$400
Minimum Trading Days
5+2 Days
Activation Fee
$145 one-time
Number of Mini/Micro
5/50
Profit Target
$3000
Static Max Loss Limit
$2000
Consistency
No
Payout Frequency
Every Day
Daily Soft Stop
$600
Minimum Trading Days
5+2 Days
Activation Fee
$145 one-time
Number of Mini/Micro
10/100
Profit Target
$6000
Static Max Loss Limit
$2500
Consistency
No
Payout Frequency
Every Day
Daily Soft Stop
$1200
Minimum Trading Days
5+2 Days
Activation Fee
$145 one-time
Max Position
2/20
Profit Target
$1500
EOD Max Loss Limit
$1250
Consistency
Yes
Payout Frequency
10 Days
Daily Soft Stop
$500
Consistency Forgiveness
Yes
Max Position
5/50
Profit Target
$3000
EOD Max Loss Limit
$2500
Consistency
Yes
Payout Frequency
10 Days
Daily Soft Stop
$1000
Consistency Forgiveness
Yes
Max Position
10/100
Profit Target
$6000
EOD Max Loss Limit
$5000
Consistency
Yes
Payout Frequency
10 Days
Daily Soft Stop
$1750
Consistency Forgiveness
No
How does Instant funding work?
NexGen created instant funding to break the prop firm norm by removing the evaluation process. Traders only focus will be around consistency which allows NexGen to remove the evaluation phase. Traders are allowed to withdraw profits every 10 days with the consistency goal.
- up to 25% consistency
- Payouts every 10 days
- 90/10 profit split
- No evaluation stage
Instant Funding: Stay Consistent
One-time and no evaluation gives traders access to payouts by showing consistent trading.
Trading actions ALLOWED
- Trading news
- Scaling into positions
- Copy trading multiple accounts
Trading in LIVE funding
NexGen’s offering from start to finish offers the absolute best opportunity for traders to make money in the futures market. After passing our brokers KYC, trader accounts will be funded with real capital to trade with. This aspect means that when you make a profit, you are entitled to it that same day. No waiting, no rules, no consistency, and no minimum days to take your profit. The same rules apply with a minimum account balance and a DSS.
Traders will be subject to $135/mo data fee per exchange. This will be covered for the first month of live funding by NexGen. Afterward, this fee will be deducted directly from the traders account.
What can I trade?
All accounts gain access to CME, CBOT, NYSE, and COMEX products which cover the widest range of global products.
See a complete list below
| Name | Symbol | Minimum Tick Size | 50K Plan Max Position |
|---|---|---|---|
| Stock Index | |||
| E-mini S&P 500 | ES | 0.25 = $12.5 | $125 |
| Micro ES | MES | 0.25 = $1.25 | $12.5 |
| E-mini Nasdaq-100 | NQ | 0.25 = $5 | $50 |
| Micro NQ | MNQ | 0.25 = $0.50 | $5 |
| E-mini Russell 2000 | RTY | 0.10 = $5 | $50 |
| Micro RUSSELL | M2K | 0.10 = $0.50 | $5 |
| E-mini Dow | YM | 1.00 = $5 | $50 |
| Micro YM | MYM | 1.00 = $0.50 | $5 |
| Nikkei 225 | NKD | 5.00 = $25 | $250 |
| E-mini S&P 400 | EMD | 0.10 = $10 | $100 |
| Currency | |||
| Euro Fx | 6E | 0.00005 = $6.25 | $62.5 |
| Australian DLR. | 6A | 0.00005 = $5 | $50 |
| Canadian DLR. | 6C | 0.00005 = $5 | $50 |
| British Pound | 6B | 0.0001 = $6.25 | $62.5 |
| Japanese Yen | 6J | 0.0000005 = $6.25 | $62.5 |
| Swiss Franc | 6N | 0.00005 = $6.25 | $62.5 |
| New Zealand DLR. | 6S | 0.00005 = $5 | $50 |
| Interest Rates | |||
| 30 Yr Bond | ZB | 1/32 or '01 = $31.25 | $312.5 |
| 10 Yr Note | ZN | 1/2 of 1/32 or '005 = $15.625 | $156.25 |
| 5 Yr Note | ZF | 1/4 of 1/32 or '002 = $7.8125 | $78.13 |
| 2 Yr Note | ZT | 1/8 of 1/32 or '001 = $7.8125 | $78.13 |
| Ultra Bond | UB | 1/32 or '01 = $31.25 | $78.13 |
| Energy | |||
| Crude Oil | CL | 0.01 = $10 | $100 |
| Mirco WTI Crude Oil | MCL | 0.01 = $1 | $10 |
| E-mini Crude Oil | QM | 0.025 = $12.50 | $125 |
| Natural Gas | NG | 0.001 = $10 | $100 |
| Metals | |||
| Gold | GC | 0.10 = $10 | $100 |
| Micro Gold | MGC | 0.10 = $1 | $10 |
| Silver | SI | 0.005 = $25 | $250 |
| Copper | HG | 0.0005 = $12.50 | $125 |
Plan Questions
Audition acocunts are a monthly fee that give you access to near-live simulated data to CME, CBOT, NYSE, and COMEX exchanges.
Show accounts are only available after passing an Audition. These new plans are a one-time payment and will cancel your Audition monthly subscription.
As long as you select non-professional, your charges are what you sign up for the first time. If you select “professional” you will be charged $130/mo per exchange.
Most prop firms enforce a Daily Stop that will close your account when breached. At NexGen, we take a different approach. If your Daily Soft Stop is breached, we stop that specific account from placing any more trades that day but your account is NOT failed. You will be able to start trading in that account the next trading day as long as your account balance is greater than the minimum account balance. NexGen implemented this to help refocus your mind for the next trading as we all know mistakes happen.
Traders who pass a Show account will be offered a LIVE account with the starting account balance respective of the passed account size. Traders are only allowed 1 LIVE account however each additional passed Show account will incrementally scale the account balance.
When moving from Show to LIVE, traders will be required to complete paperwork from our broker to setup an account. This is not an instant process like Audition or Shows. Moving to a LIVE account will be subject to “professional” data fees is deducted directly from your LIVE account.
Holding positions overnight is allowed if your account balance can cover the overnight margin. If there is not enough balance to cover overnight margin and you have a position open, that position will be closed automatically by the broker.
In a LIVE account, all profits from the starting balance can be withdrawn at any time – No Waiting Period.
Payments will be done by ACH or Wire depending on your location.
