Nexgen ProTrader Funding
Founded by trading educator John Novak — EOD trailing drawdown, no daily loss limit, instant funding available, up to 100% profit split.
Get Funded Now →About Nexgen ProTrader Funding
Nexgen ProTrader Funding is a futures prop trading firm launched in April 2025 and headquartered in Sarasota, Florida. The firm was founded by John Novak — a trading educator with over 25 years of experience and founder of Nexgen Software Services.
The firm runs on institutional infrastructure from AMP Futures and CQG data, and operates on a simple three-stage model: Evaluation → Sim/Live Trader → Live Cash Account. Their standout feature is a drawdown model calculated exclusively on closed trades only (EOD trailing), meaning open positions never affect your drawdown buffer.
Account Types
Live Cash Account: After approximately 16 consistent payouts, Nexgen may proactively invite traders to a genuine Live Cash Account (90/10 split, rising to up to 100%). No application required — Nexgen contacts qualifying traders directly.
Account Sizes
| Account Size | Type | Min Days | Daily Loss Limit | Profit Split |
|---|---|---|---|---|
| $25,000 | Evaluation / Instant | 1 | None | Up to 100% |
| $50,000 | Evaluation / Instant | 1 | None | Up to 100% |
| $75,000 | Evaluation / Instant | 1 | None | Up to 100% |
| $100,000 | Evaluation / Instant | 1 | None | Up to 100% |
| $150,000 | Evaluation / Instant | 1 | None | Up to 100% |
Trading Rules
Platforms & Infrastructure
Nexgen ProTrader Funding operates on professional institutional infrastructure from AMP Futures with CQG data feed. Platform options include:
Pros & Cons
- EOD drawdown on closed trades only
- No daily loss limit
- 1 trading day minimum
- Up to 100% profit split
- Payouts every 7 trading days
- Instant funding available
- Path to Live Cash Account
- Daily live sessions included
- Launched April 2025 — newer firm
- Instant: 40% consistency rule
- Live Cash Account invite-only
- Monthly subscription for eval
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