15% OFF ALL CHALLENGES (use code jan15) VALID UNTIL 31/01
Free competition LEARN MORE 
Backed by 
200K Funded Account
Pass a NextGen Funding evaluation and trade a $200,000 Simulated Funded Account, keeping up to 90% of the profits you generate.
Join the Arena
Backed by Errante. Get 20% off with code PASS20.
In short: A $200K funded account from NextGen Funding is a $200,000 simulated funded account you unlock after passing one of three evaluations. Keep up to a 90% profit split, trade with unlimited days and balance based drawdown, and request payouts within 24 to 48 hours. NextGen Funding is backed by the multi regulated broker Errante.
A $200K funded account lets you trade a $200,000 Simulated Funded Account with fictitious virtual funds, without risking your own capital beyond a refundable evaluation fee. Pass one of three evaluations and every payout is based on the performance you produce.
Trading runs on MetaTrader 5 in a simulated environment with real market quotes, backed by the multi regulated broker Errante. You choose Standard, Rapid, or Ace at the $200,000 size, keep up to 90% of your profit, and can grow beyond it through the scaling plan up to $1,000,000.
- $200KMax account size
- 90%Profit split up to
- 24-48hPayout processing
- ∞Unlimited days
Why choose a $200K funded account
$200K Account
Trade a $200,000 Simulated Funded Account across Standard, Rapid, or Ace.
Unlimited Trading Days
No time limit on your evaluation or your Simulated Funded Account.
Balance Based Drawdown
A static, balance based drawdown set at open that never trails.
Up to 90% Profit Split
Keep up to 90% of the profit your $200K account generates.
Refundable Fee
Your evaluation fee is fully refunded with your first payout.
24-48 Hour Payouts
Payout requests are processed within 24 to 48 hours of submission.
How the $200K funded account works
Choose Your Challenge
Pick your prop firm challenge, Standard, Rapid, or Ace, at the $200,000 size. 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.
$200K funded account: challenge options
| Challenge | Phases | Profit Target | Max Drawdown | Fee (PASS20) |
|---|---|---|---|---|
| Standard | 2-Step | 10% / 5% | 10% | $1,069 |
| Rapid | 2-Step | 8% / 5% | 8% | $1,069 |
| Ace | 1-Step | 10% | 6% | $1,269 |
All three challenges are available at this account size and are simulated demo accounts traded in a live market environment. The Standard daily loss limit is 5%, Rapid is 5% with no minimum trading days, and Ace has a 3% daily loss limit. The evaluation fee is fully refundable and returned with your first payout.
Frequently asked questions
What is a $200K funded account?
A $200K funded account is a $200,000 Simulated Funded Account you access after passing a NextGen Funding evaluation. It is the largest challenge size available. You choose one of the three challenges, pass it, and then trade the $200,000 simulated account in live market conditions, keeping up to 90% of the profit you generate, without risking your own money beyond a refundable evaluation fee.
How do I get a $200K funded account with NextGen Funding?
You choose one of the three available challenges at the $200,000 size and complete its evaluation. Standard and Rapid are two phase, and Ace is single phase. Once you pass and complete KYC verification, you receive your $200K funded account. You are never funded instantly; the evaluation comes first.
Which challenge should I choose at the $200K size?
Standard gives the widest room with a 10% max drawdown and a 5% daily loss limit. Rapid has an 8% max drawdown and no minimum trading days, which suits faster traders. Ace is a single phase with a 6% max drawdown and a 3% daily loss limit. At the $200,000 size the fee is $1,069 for Standard or Rapid and $1,269 for Ace with code PASS20. All three are simulated demo accounts traded in live market conditions.
Is a $200K funded account a demo or a real account?
All accounts, including challenges and funded accounts, are simulated demo accounts with fictitious funds, traded in live market conditions 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 $200K funded account cost?
The evaluation fee at the $200,000 size is $1,069 for a Standard or Rapid challenge and $1,269 for Ace with code PASS20. The fee is fully refundable, reimbursed with your first payout once you become funded.
Can I grow beyond the $200K account size?
Yes. Although $200,000 is the largest challenge size, once you are funded you can grow your account through the scaling plan up to $1,000,000, based on consistent simulated performance.
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 live market conditions with real payouts.
How fast are payouts on a $200K funded account?
Payout requests are processed within 24 to 48 hours of submission, which is among the fastest in the prop trading industry.
Ready to trade a $200K funded account?
Register, choose your challenge at the $200,000 size, 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.