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Live Funded Account: What “Live” Really Means
With NextGen Funding, “live” means live market conditions in a simulated environment: real quotes and real execution on a demo account, with real payouts up to a 90% profit split.
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Backed by Errante. Get 20% off with code PASS20.
In short: A “live funded account” in prop trading does not mean an account with real capital. At NextGen Funding, every account, evaluation and funded alike, is a demo account with fictitious funds that trades in live market conditions with real quotes on MetaTrader 5. What is real is the payout: up to a 90% profit split, processed within 24 to 48 hours. NextGen Funding is backed by the multi regulated broker Errante.
Traders searching for a live funded account usually want the answer to one question: am I trading real money? With NextGen Funding, the answer is no, and that is by design. You never risk your own capital beyond a refundable evaluation fee, and you never trade the firm’s capital either.
What “live” describes is the market environment, not the funds. Because NextGen Funding is backed by the multi regulated broker Errante, your account runs on genuine broker infrastructure through MetaTrader 5: live pricing, real spreads from 0.1 pip, and institutional grade execution. The trading is simulated. The market conditions are live. The payouts are real.
- DemoAccount type
- LiveMarket conditions
- RealPayouts, up to 90%
- 24-48hPayout processing
What is live, and what is simulated
Live: Market Quotes
Real prices streamed through Errante’s broker infrastructure on MetaTrader 5, not synthetic or replayed data.
Live: Execution
Spreads from 0.1 pip and a $3 per lot commission on FX pairs and Metals, with institutional grade fills.
Real: Your Payouts
Profit you generate is paid to you, with a profit split up to 90%, processed within 24 to 48 hours.
Simulated: The Funds
The account balance is fictitious. You are not trading real capital, neither yours nor the firm’s.
Simulated: Your Risk
Your only cost is a one time, refundable evaluation fee. There is no capital at risk beyond it.
Real: The Rules
Static, balance based drawdown that never trails. Pass the rules and the funded account is yours.
How you reach a funded account
Choose Your Challenge
Pick 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.
Why simulated is the honest answer
Some traders assume a “live funded account” must involve real capital, and that anything simulated is somehow lesser. The opposite is true. A simulated model is what lets NextGen Funding remove your downside entirely: you cannot lose money you never deposited, and there is no margin call chasing your own savings. Your skill is measured against live market conditions, and your reward, the payout, is real.
This is also why the terminology matters. NextGen Funding calls the product a Simulated Funded Account, because that is what it is. For the full account sizes, drawdown rules, fees, and profit split, see the simulated funded account page. To compare the three evaluations, see the prop firm challenge page.
Frequently asked questions
What is a live funded account?
At NextGen Funding, a live funded account means an account traded in live market conditions in a simulated environment. It is a demo account with fictitious funds, using real quotes and real execution on MetaTrader 5. You unlock it by passing an evaluation, and you keep up to 90% of the profit you generate as a real payout.
Am I trading real money on a live funded account?
No. The funds in the account are fictitious. You do not deposit capital, you do not risk your own money beyond a refundable evaluation fee, and you do not trade the firm’s capital. What is real is the payout you earn on the profit you produce.
How do I get a funded account with NextGen Funding?
You choose a prop firm challenge from the three available and complete its evaluation. Standard and Rapid are two phase, and Ace is single phase. Once you pass, you receive your Simulated Funded Account. You are never funded instantly; the evaluation comes first.
If the account is simulated, are the payouts real?
Yes. The payouts are real, based on your simulated performance, with a profit split up to 90%. Payout requests are processed within 24 to 48 hours of submission.
Do I trade the firm’s capital on a funded account?
No. Because the accounts are simulated, you do not trade the firm’s capital and there is no capital risk to you beyond the refundable evaluation fee. You prove your skill on a simulated account and earn real payouts on the profit you generate.
Are the market prices real?
Yes. NextGen Funding is backed by the multi regulated broker Errante, so your account streams live market quotes through genuine broker infrastructure on MetaTrader 5, with spreads from 0.1 pip and a $3 per lot commission on FX pairs and Metals.
How much does it 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?
Payout requests are processed within 24 to 48 hours of submission, which is among the fastest in the prop trading industry.
Ready to trade live market conditions?
Register, pick Standard, Rapid, or Ace, 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.