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.

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)

$69/per month

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

MORE
$89/per month

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

MORE
$139/per month

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

MORE
IFA (Instant Funded Accounts)
$339 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

MORE
$459 one-time

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

MORE
$679 one-time

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

MORE

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. 

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

NameSymbolMinimum Tick Size50K Plan Max Position
Stock Index
E-mini S&P 500ES0.25 = $12.5$125
Micro ESMES0.25 = $1.25$12.5
E-mini Nasdaq-100NQ0.25 = $5$50
Micro NQMNQ0.25 = $0.50$5
E-mini Russell 2000RTY0.10 = $5$50
Micro RUSSELLM2K0.10 = $0.50$5
E-mini Dow YM1.00 = $5$50
Micro YMMYM1.00 = $0.50$5
Nikkei 225NKD5.00 = $25$250
E-mini S&P 400EMD0.10 = $10$100
Currency
Euro Fx6E0.00005 = $6.25$62.5
Australian DLR.6A0.00005 = $5$50
Canadian DLR.6C0.00005 = $5$50
British Pound6B0.0001 = $6.25$62.5
Japanese Yen6J0.0000005 = $6.25$62.5
Swiss Franc6N0.00005 = $6.25$62.5
New Zealand DLR.6S0.00005 = $5$50
Interest Rates
30 Yr BondZB1/32 or '01 = $31.25$312.5
10 Yr NoteZN1/2 of 1/32 or '005 = $15.625$156.25
5 Yr NoteZF1/4 of 1/32 or '002 = $7.8125$78.13
2 Yr NoteZT1/8 of 1/32 or '001 = $7.8125$78.13
Ultra BondUB1/32 or '01 = $31.25$78.13
Energy
Crude OilCL0.01 = $10$100
Mirco WTI Crude OilMCL0.01 = $1$10
E-mini Crude OilQM0.025 = $12.50$125
Natural GasNG0.001 = $10$100
Metals
GoldGC0.10 = $10$100
Micro GoldMGC0.10 = $1$10
SilverSI0.005 = $25$250
CopperHG0.0005 = $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. 

Questions on payouts