15% OFF ALL CHALLENGES (use code jan15) VALID UNTIL 31/01
Free competition LEARN MORE 
Backed by 
One Step Challenge: One Phase to Get Funded
Pass a single evaluation phase with the Ace challenge and trade a Simulated Funded Account of up to $200,000 with up to a 90% profit split.
Join the Arena
Backed by Errante. Get 20% off with code PASS20.
In short: A 1-step challenge funds you after a single evaluation phase. NextGen Funding’s Ace challenge has one phase with a 10% profit target, a 6% max drawdown, and a 3% daily loss limit, on accounts up to $200,000 with up to a 90% profit split. NextGen Funding is backed by the multi regulated broker Errante.
A One-step challenge is the fastest route to a Simulated Funded Account, with a single phase instead of two. NextGen Funding’s Ace challenge asks for a 10% profit target while you respect a 6% max drawdown and a 3% daily loss limit.
Ace runs on MetaTrader 5 in a simulated environment with real market quotes, backed by the multi regulated broker Errante. There is a minimum of 3 trading days, forex leverage up to 1:50, and once you pass you keep up to 90% of your profit.
- $200KMax account size
- 90%Profit split up to
- 24-48hPayout processing
- ∞Unlimited days
Why choose the 1-step Ace challenge
Single Phase
One evaluation phase with a 10% profit target, no second stage to clear.
6% Max Drawdown
A static, balance based drawdown of 6% that never trails.
3% Daily Loss Limit
A clear daily loss limit that resets based on the previous day’s closing balance.
Unlimited Days
No time limit, a minimum of 3 trading days is all that is required.
Up to 90% Profit Split
Keep up to 90% of your profit once you reach your Simulated Funded Account.
24-48 Hour Payouts
Payout requests are processed within 24 to 48 hours of submission.
How the 1-step challenge works
Choose Your Challenge
Pick your prop firm challenge, Standard, Rapid, or Ace, and a size from $5,000 to $200,000. Apply code PASS20 for 20% off.
Pass
Clear your evaluation within the drawdown rules. Standard and Rapid are two phase; Ace is a single phase.
Verify
Complete a quick KYC verification when you claim your simulated funded account.
Trade & Earn
Trade your Simulated Funded Account, keep up to 90% of the profit, then grow through the scaling plan up to $1,000,000.
1-step challenge (Ace) sizes and conditions
| Account Size | Profit Target | Max Drawdown | Daily Loss Limit | Profit Split | Fee (PASS20) |
|---|---|---|---|---|---|
| $5,000 | 10% | 6% | 3% | Up to 90% | $46 |
| $10,000 | 10% | 6% | 3% | Up to 90% | $100 |
| $25,000 | 10% | 6% | 3% | Up to 90% | $204 |
| $50,000 | 10% | 6% | 3% | Up to 90% | $379 |
| $100,000 | 10% | 6% | 3% | Up to 90% | $629 |
| $200,000 | 10% | 6% | 3% | Up to 90% | $1,269 |
Figures shown reflect the Ace challenge, the single-phase 1-step route, with a 6% max drawdown and a 3% daily loss limit. Standard and Rapid are two-phase alternatives with their own conditions. The evaluation fee is fully refundable and returned with your first payout.
Frequently asked questions
What is a 1-step challenge?
A 1-step challenge is a single-phase evaluation: you pass one phase and then trade a Simulated Funded Account funded from $5,000 up to $200,000 in a live market environment, keeping up to 90% of the profit you generate, without risking your own money beyond a refundable evaluation fee. At NextGen Funding, the Ace challenge is the 1-step option.
How do I get a 1-step challenge with NextGen Funding?
You choose the Ace challenge, the single-phase evaluation, and complete it in one stage. Once you pass, you receive your Simulated Funded Account. You are never funded instantly; the evaluation comes first.
Is the 1-step challenge right for me?
The 1-step Ace challenge suits traders who want the fastest single-phase route to a funded account. It has its own drawdown limit and fee, and like every NextGen Funding account it is a simulated demo account traded in a live market environment.
Is a 1-step challenge a demo or a real account?
All accounts, including challenges and funded accounts, are simulated demo accounts traded in a live market environment with real prices and execution. The payouts you earn are real, based on your simulated performance, with a profit split up to 90%.
How much does a 1-step challenge cost?
You pay a one time evaluation fee to enter your chosen challenge. It is fully refundable, reimbursed with your first payout once you become funded.
What trading platform does NextGen Funding use?
NextGen Funding runs on MetaTrader 5 (MT5), which we license directly. Trading on MT5 is one of the advantages of NextGen Funding, the prop firm backed by Errante.
Is NextGen Funding a legit prop firm?
NextGen Funding is backed by Errante, a globally trusted multi regulated broker, and provides simulated trading accounts and educational tools in a live market environment with real payouts.
How fast are payouts on a 1-step challenge?
Payout requests are processed within 24 to 48 hours of submission, which is among the fastest in the prop trading industry.
Ready for a 1-step challenge?
Register, choose the Ace challenge, and join the Arena. Apply code PASS20 for 20% off.
All accounts we provide to our clients are demo accounts with fictitious funds and any trading is in a simulated environment only.
Please note that all accounts we provide to our clients are demo accounts with fictitious funds and any trading is in a simulated environment only.
For more information, please feel free to visit our FAQ section.