FAQs
FAQs
The NEXTGEN FUNDING FAQ
NextGen Funding is an online demo trading evaluation firm. Complete our challenges to get access to a Simulated Funded Account, where you can earn payouts based on your performance without risking your own capital. Prove your skills, achieve your trading goals, and see how far you can go!
Note: Payouts are based on data from simulated trading performance in your Simulated Funded Account and are subject to compliance with our Terms of Use and the Trader Agreement.
NextGen Funding conducts business with a focus on integrity, transparency, and a strong commitment to the trading community.
No, you are not trading real money. Funded and challenge accounts are demo accounts with simulated funds, using real market quotes.
You can purchase an Challenge using major cards (Visa, Mastercard), Apple Pay, Google Pay, Bank Transfer, and popular local payment methods across Southeast Asia and Latin America. We also accept cryptocurrencies such as: USDT (TRC20, BEP20, ERC20).
Yes, we issue both funded and payout certificates. Each certificate includes a unique QR code that verifies your eligibility as our client.
You can request a withdrawal once per week, starting 14 days after your first trade. A minimum profit of $100 is required to be eligible.
Withdrawals are processed within 24 hours after approval. You can choose from the following payout methods:
- Bank transfer
- Cryptocurrency
- Popular local payment methods across Southeast Asia and Latin America.
Whatever profit you generate, you are entitled to withdraw according to your profit share. If you prefer, you can also leave your profits in the account to continue growing your balance.
You can contact us through our live chat support or send us an email at [email protected].
Our technology is currently integrated our owned licensed Metatrader 5.
You can trade FX pairs and CFD Indices, Commodities, Stocks, Metals, Cryptocurrencies and Futures.
Upon purchasing a Challenge, you will receive access to a trader dashboard where you can monitor your Assessments and Funded Accounts. The dashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.
You can request withdrawals once a week, starting 14 days after your initial trade, with a minimum profit of $100 required.
After successfully passing the challenge, you will be required to complete the Know Your Customer (KYC) verification process for security purposes.
How to Complete KYC for Your Funded Account
- Log in to your NextGen Funding Client Area.
- Go to the KYC tab.
The KYC verification process usually takes just a few minutes. During this process, you will need to submit the following documents:
Proof of Identity
Provide one of the following government-issued documents:
- ID Card
- Driver’s License
- Permanent Residence Permit
- Passport
Selfie Verification
Upload a clear selfie that matches the Proof of Identity document you submitted.
When trading a Funded Account for our firm, you are treated as an independent contractor. As a result, you are responsible for all taxes on your gains.
Please note that NextGen Funding does not offer services to individuals residing in or from the following locations:
Afghanistan, Antarctica, Antigua and Barbuda, the Republic of Belarus, Belize, Bhutan, Bouvet Island, Burundi, Cape Verde, Central African Republic, Chad, Cook Islands, Comoros, Republic of the Congo, Cuba, Djibouti, Dominica, Equatorial Guinea, Eritrea, Fiji, Gabon, Gambia, Grenada, Guinea, Guinea-Bissau, Holy See (Vatican City State), India, Iraq, Kazakhstan, Kiribati, Kosovo, Kyrgyzstan, Lesotho, Liberia, Libya, Malawi, Mali, Mauritania, Marshall Islands, Micronesia, Nauru, Niger, Niue, Papua New Guinea, Saint Barthélemy, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Seychelles, Sierra Leone, Solomon Islands, Somalia, South Sudan, Sudan, Suriname, Swaziland, Tajikistan, Timor-Leste, Tokelau, Tonga, Turkmenistan, Tuvalu, Ukraine, USA, Uzbekistan, Vanuatu, Venezuela, Western Sahara. Syria, Myanmar, North Korea.
You must be at least 18 years old, or the minimum legal age required in your country, to purchase a challenge. If we identify that you are underage after purchasing, your account will be closed, and your payment will be refunded.
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.