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Simulated Funded Account with Real Payouts
Pass a NextGen Funding evaluation and trade a Simulated Funded Account of up to $200,000, keeping up to 90% of the profits on real payouts.
Join the Arena
Backed by Errante. Get 20% off with code PASS20.
In short: A simulated funded account from NextGen Funding is a demo account with fictitious virtual funds that trades in a live market environment with real quotes. Pass one of three evaluations, unlock a Simulated Funded Account of up to $200,000, keep up to a 90% profit split on real payouts, and request withdrawals processed within 24 to 48 hours. NextGen Funding is backed by the multi regulated broker Errante.
A simulated funded account lets you trade real market conditions on a demo account with fictitious virtual funds, without risking your own capital beyond a refundable evaluation fee. You prove your skill on an evaluation, and once you pass, every payout you earn is based on the performance you produce.
NextGen Funding, backed by the multi regulated broker Errante, runs every account on MetaTrader 5 with real market quotes. You trade in a fully simulated environment, keep up to 90% of your profit, and grow 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 NextGen Funding simulated funded account
Unlimited Trading Days
Trade at your own pace. There is no time limit on your evaluation or your Simulated Funded Account.
Up to 90% Profit Split
Keep up to 90% of the profit your simulated account generates, paid out as real earnings.
Balance Based Drawdown
A static, balance based drawdown set at open that never trails, so you trade without moving-target stress.
Raw Spreads, $3 Commission
Trade from 0.1 pip spreads with a $3 per lot commission on FX pairs and Metals only.
EAs and Weekend Holding
Expert Advisors are permitted and you may hold positions over the weekend; swaps apply.
24-48 Hour Payouts
Payout requests are processed within 24 to 48 hours, among the fastest in the industry.
How a simulated funded account works
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.
Simulated funded account: compare the three evaluations
| Challenge | Phases | Profit Target | Max Drawdown | Daily Loss Limit | Min Trading Days | Profit Split |
|---|---|---|---|---|---|---|
| Standard | 2 phase | 10% then 5% | 10% | 5% | 3 | Up to 90% |
| Rapid | 2 phase | 8% then 5% | 8% | 5% | 0 | Up to 90% |
| Ace | 1 phase | 10% | 6% | 3% | 3 | Up to 90% |
Standard allows news trading in both phases and gives the widest drawdown. Rapid removes the minimum-days requirement, and Ace is the single-phase route with the tightest limits. Whichever you pass, the funded account you receive is a Simulated Funded Account with the same profit split and payout terms. See the prop firm challenge page for a full breakdown.
Simulated funded account sizes and fees
| Account Size | Standard & Rapid Fee (PASS20) | Ace Fee (PASS20) | Profit Split |
|---|---|---|---|
| $5,000 | $41 | $46 | Up to 90% |
| $10,000 | $90 | $100 | Up to 90% |
| $25,000 | $179 | $204 | Up to 90% |
| $50,000 | $329 | $379 | Up to 90% |
| $100,000 | $529 | $629 | Up to 90% |
| $200,000 | $1,069 | $1,269 | Up to 90% |
Prices shown include the PASS20 discount. The evaluation fee is fully refundable and returned with your first payout. After funding, you can grow through the scaling plan up to $1,000,000.
Frequently asked questions
What is a simulated funded account?
A simulated funded account is a demo account with fictitious virtual funds that you unlock after passing an evaluation. You choose a prop firm challenge from the three available, pass it, and then trade in live market conditions with real quotes on an account funded from $5,000 up to $200,000, keeping up to 90% of the profit you generate, without risking your own money beyond a refundable evaluation fee.
How do I get a simulated funded account with NextGen Funding?
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. You are never funded instantly; the evaluation comes first.
Which challenge should I choose?
It is your choice. Standard and Rapid are two phase evaluations, while Ace is a single phase evaluation. Each has its own drawdown limits and fee, and all three lead to a Simulated Funded Account traded in live market conditions.
Is a simulated funded account 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%.
Do I trade the firm’s capital on a simulated 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.
How much does a simulated funded account 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 simulated funded account?
Payout requests are processed within 24 to 48 hours of submission, which is among the fastest in the prop trading industry.
Ready for your Simulated Funded Account?
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.