15% OFF ALL CHALLENGES (use code jan15) VALID UNTIL 31/01
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MetaTrader 5 Prop Firm: Trade Funded on MT5
NextGen Funding runs every challenge and Simulated Funded Account on MetaTrader 5. Pass an evaluation, trade up to $200,000, and keep up to 90% of the profits.
Join the Arena
Backed by Errante. Get 20% off with code PASS20.
In short: NextGen Funding is an MT5 prop firm; every account runs on MetaTrader 5, which we license directly, with no MT4. Download MT5 for Windows, iOS, Android, or WebTrader, pass one of three evaluations, and trade a Simulated Funded Account of up to $200,000 with up to a 90% profit split. NextGen Funding is backed by the multi regulated broker Errante.
Building trading success requires the right tools, and the modern trader can do no better than MetaTrader 5. MT5 is at the forefront of trading software, with millions of users worldwide and deep qualitative and quantitative analysis built in. NextGen Funding licenses MT5 directly, so your trading happens on a professional platform from day one.
Every account is a Simulated Funded Account with real market quotes, backed by the multi regulated broker Errante. Run Expert Advisors, hold positions over the weekend, and keep up to 90% of your profit; all on MetaTrader 5.
- $200KMax account size
- 90%Profit split up to
- 24-48hPayout processing
- ∞Unlimited days
Download MetaTrader 5
Get the NextGen Funding MetaTrader 5 platform on your preferred device. The desktop terminal, mobile apps, and browser based WebTrader all connect to the same Simulated Funded Account.
MT5 for Windows
The full desktop terminal with advanced charting, the Strategy Tester, and EA support.
MT5 for iOS
Trade and manage positions on iPhone and iPad with the native MetaTrader 5 app.
MT5 for Android
Full MetaTrader 5 functionality on Android phones and tablets, wherever you are.
MT5 WebTrader
Trade instantly in your browser with no installation. Just log in and start trading.
Why trade on MetaTrader 5 with NextGen Funding
Advanced Charting
Multiple timeframes, dozens of built in indicators, and rich analytical objects for detailed market analysis.
Full EA Support
Run Expert Advisors and automated strategies natively through the MQL5 language and Strategy Tester.
Trade Anywhere
Desktop terminal, iOS and Android apps, and a browser WebTrader, all synced to the same account.
Built-in Economic Calendar
Track high impact news events directly inside MetaTrader 5 as you plan your trades.
Fast Execution
Trade FX, indices, commodities, metals, stocks, crypto, and futures with raw spreads from 0.1 pip.
Depth of Market
See real order book depth and use a wider range of order types than legacy platforms offer.
How to get funded on MetaTrader 5
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.
MT5 prop firm challenge conditions compared
| Condition | Standard (2-Step) | Rapid (2-Step) | Ace (1-Step) |
|---|---|---|---|
| Profit Target | 10% / 5% | 8% / 5% | 10% |
| Max Drawdown | 10% | 8% | 6% |
| Daily Loss Limit | 5% | 5% | 3% |
| Min Trading Days | 3 | 0 | 3 |
| Trading Period | Unlimited | Unlimited | Unlimited |
| Profit Split | Up to 90% | Up to 90% | Up to 90% |
MT5 prop firm account sizes and fees
| Account Size | Standard & Rapid (PASS20) | Standard & Rapid (List) | Ace (PASS20) | Ace (List) |
|---|---|---|---|---|
| $5,000 | $41 | $59 | $46 | $65 |
| $10,000 | $90 | $129 | $100 | $139 |
| $25,000 | $179 | $199 | $204 | $224 |
| $50,000 | $329 | $369 | $379 | $419 |
| $100,000 | $529 | $589 | $629 | $689 |
| $200,000 | $1,069 | $1,189 | $1,269 | $1,389 |
Every size runs on MetaTrader 5. The evaluation fee is fully refundable and returned with your first payout.
Frequently asked questions
What trading platform does NextGen Funding use?
NextGen Funding runs exclusively on MetaTrader 5 (MT5), which we license directly. There is no MT4; every challenge and Simulated Funded Account is traded on MT5, one of the core advantages of NextGen Funding, the prop firm backed by Errante.
How do I download MetaTrader 5 for NextGen Funding?
Download the MT5 desktop terminal for Windows, or get the mobile app for iOS and Android using the download buttons on this page. You can also trade instantly in your browser with the MT5 WebTrader, no installation required.
Can I use MetaTrader 5 on mobile and web?
Yes. MetaTrader 5 is available as a desktop terminal, an iOS and Android mobile app, and a browser based WebTrader, so you can manage your Simulated Funded Account from anywhere.
Does NextGen Funding support MetaTrader 4 (MT4)?
No. NextGen Funding is an MT5 only prop firm. All accounts run on MetaTrader 5, which offers more timeframes, more order types, and a built in economic calendar compared with MT4.
Can I use Expert Advisors (EAs) on MetaTrader 5?
Yes, Expert Advisors (EAs) are permitted. MetaTrader 5 supports automated strategies natively through the MQL5 language and Strategy Tester.
What products can I trade on MetaTrader 5?
You can trade FX pairs, Indices, Commodities, Stocks, Metals, Cryptocurrencies, and Futures; all as CFDs on MetaTrader 5, subject to symbol availability.
Can I hold positions over the weekend on MetaTrader 5?
You are allowed to hold positions overnight and over the weekend on MetaTrader 5; however, swaps will apply.
How do I get a funded account to trade on MetaTrader 5?
You choose one of three available challenges and complete its evaluation. Standard and Rapid are two phase, and Ace is single phase. Once you pass, you receive your Simulated Funded Account on MetaTrader 5. You are never funded instantly; the evaluation comes first.
Is the MetaTrader 5 account a demo or a real account?
All accounts, including challenges and funded accounts, are simulated demo accounts traded on MetaTrader 5 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%.
Is NextGen Funding a legit prop firm?
NextGen Funding is a prop firm backed by Errante, a globally trusted multi regulated broker, and provides simulated trading accounts on MetaTrader 5 with real payouts.
Ready to trade on MetaTrader 5?
Register, choose your challenge, and join the Arena on MT5. Apply code PASS20 for 20% off your evaluation.
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.