PROP RULES

Firm

Nexgen ProTrader Funding

Official name is Nexgen, not Nextgen. Rapid is the 1-day eval. Instant skips the eval. Legacy 7-day / 40% is discontinued — do not put those numbers on these programs. Flatten 5 minutes before 4:55 PM EST; three overnight warnings can close the account. Confirm dashboard and gitbook if a cell looks stale.

Verified 2026-08-29 Go to Nexgen ProTrader Funding · Changelog · This looks wrong

Program

Instant

funded · Instant / Sim Funded

  • Daily loss: None
  • Max drawdown: $2,000
  • Drawdown type: EOD trailing
  • Consistency: 50%
  • News: Allowed

Open my rules Official Instant / Sim Funded rules

live · Live Cash

  • Daily loss: None
  • Max drawdown: 3% or 4.5%
  • Drawdown type: EOD trailing
  • Consistency: None
  • News: Allowed

Open my rules Official Live Cash rules

Program

Rapid

evaluation · Evaluation

  • Daily loss: None
  • Max drawdown: $2,000
  • Drawdown type: EOD trailing
  • Consistency: None
  • News: Allowed

Open my rules Official Evaluation rules

funded · Sim Funded

  • Daily loss: None
  • Max drawdown: $2,000
  • Drawdown type: EOD trailing
  • Consistency: 50%
  • News: Allowed

Open my rules Official Sim Funded rules

live · Live Cash

  • Daily loss: None
  • Max drawdown: 3% or 4.5%
  • Drawdown type: EOD trailing
  • Consistency: None
  • News: Allowed

Open my rules Official Live Cash rules