Frequently Asked Questions

All NextGen Collective traders who have successfully completed the evaluation process and have been allocated an NGC Account are eligible to participate in the Growth Pool.

The Growth Pool system is a unique reward program offered by NextGen Collective that allows eligible traders to earn additional profits based on their trading performance. For more information please visit this page.

By joining the Growth Pool, traders have the opportunity to increase their trading profits beyond what they earn from their individual trading activities. Additionally, participation in the Growth Pool fosters a sense of community among traders, encouraging collaboration and shared success. Besides this, traders never have to worry about receiving their hard-earned money on a funded account due to our innovative payout system.

The Growth Pool aggregates a portion of the profits generated by all participating traders and distributes them among eligible participants based on predefined criteria, such as trading performance and account size. Traders receive a percentage allocation of the Growth Pool corresponding to their challenge size. The allocation caps at the size of the challenge, meaning a trader cannot receive a higher allocation than the challenge. For example, the Master Trader challenge ($100K) has a maximum allocation corresponding to the maximum loss, which is 8% of the total amount. As a funded trader, you will receive a live account with $8000 capital and 1:500 leverage. While traders cannot withdraw this allocation directly, they can withdraw any profits earned from it, with a 90% profit split arrangement. For more information please visit this page.

Profits within the Growth Pool are distributed proportionally among eligible participants, taking into account factors such as trading volume, profitability, and account size.   For more information please visit this page.

Traders receive a percentage allocation of the Growth Pool corresponding to their challenge size. While they cannot withdraw this allocation directly, they can withdraw any profits earned from it, with a 90% profit split arrangement. The allocation caps at the challenge size. Traders receive a percentage allocation of the Growth Pool corresponding to their challenge size. The allocation caps at the size of the challenge, meaning a trader cannot receive a higher allocation than the challenge. For example, the Master Trader challenge ($100K) has a maximum allocation corresponding to the maximum loss, which is 8% of the total amount. As a funded trader, you will receive a live account with $8000 capital and 1:500 leverage. While traders cannot withdraw this allocation directly, they can withdraw any profits earned from it, with a 90% profit split arrangement.

To participate in the Growth Pool, traders must meet the eligibility criteria established by NextGen Collective, which typically include successful completion of the evaluation process and adherence to the firm's trading rules and guidelines.

Unfortunately, we cannot offer a free trial at the moment. However, you are welcome to create a demo account with any broker of your choice to explore trading with NGC's strategies and principles.

Absolutely, we have a dedicated forum with numerous topics where traders can learn about trading psychology, interact with peers, and access resources to enhance their mental resilience and performance.

Yes, we offer a forum with various topics where traders can learn, share knowledge, and interact with other traders, fostering a supportive community environment.

The fee associated with the challenge covers the costs of evaluation and ensures commitment from traders participating in the program.

NGC accepts various payment methods, including credit/debit cards, bank transfers, and online payment platforms.

After purchasing the challenge and submitting the OANDA demo-account details, we typically deliver your trading dashboard within 24 to 48 hours, allowing you to commence the evaluation process promptly.

Traders may have multiple accounts, subject to compliance with NGC's terms and conditions and evaluation process guidelines.

Applying for an NGC Challenge is simple and can be done through our website. Select your preferred challenge, complete the payment process, and await further instructions.

NGC does not charge recurring fees. However, traders should be aware of potential transaction fees associated with certain payment methods or account activities.

NGC is compatible with MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offering flexibility for traders to choose the platform that best suits their trading style and preferences.

NGC accounts come with competitive trading conditions, including leverage up to 1:500, a wide range of tradable instruments, and access to real-time market data. Specific account specifications may vary depending on the chosen platform and account type.

No, modifications to existing accounts are not possible. Traders are encouraged to review their account settings carefully before finalizing their account setup.

NGC's technical infrastructure is robust and reliable, ensuring seamless trade execution and minimal downtime. OANDA's servers are optimized for low latency and high availability, providing traders with a stable and efficient trading environment.

No, platform switches are not possible during the Evaluation Process. Traders are required to use the same platform throughout their evaluation to maintain consistency in their trading performance and results.

Upon signing the NGC Account agreement, you enter a legal relationship with NGC, enabling you to trade with our firm's capital.

NGC offers account sizes ranging from $10K to $200K, depending on your performance in the evaluation process.

Our technical infrastructure ensures seamless trading execution, providing a robust platform for traders to operate efficiently.

Profits earned from trading on an NGC Account can be withdrawn through various methods facilitated by our platform. They include, but are not limited to: wallet, PayPal, Skrill or bank transfer.

Taxation of income varies depending on your jurisdiction's regulations. We recommend consulting with a tax professional to understand your obligations fully.

Traders at NGC have the flexibility to trade a wide range of instruments, including Forex, indices, commodities, stocks, and cryptocurrencies. As for trading strategies, we allow various approaches, including discretionary trading, algorithmic trading, and the use of Expert Advisors (EAs), as long as they adhere to proper risk management principles and do not violate our trading rules.

Trading according to a real market' refers to conducting trades in a manner that aligns with the dynamics and conditions of a genuine financial market. This entails executing trades responsibly, without engaging in practices that distort market functioning or exploit artificial conditions.

The NGC Elite Account is the final stage of our Evaluation Process, reserved for traders who have successfully completed the NGC Challenge and Verification stages. Upon attaining the NGC Elite Account, traders gain access to top-rated trading conditions and can trade with increased capital provided by NGC. Traders receive a percentage allocation of the Growth Pool corresponding to their challenge size. The allocation caps at the size of the challenge, meaning a trader cannot receive a higher allocation than the challenge. For example, the Master Trader challenge ($100K) has a maximum allocation corresponding to the maximum loss, which is 8% of the total amount. As a funded trader, you will receive a live account with $8000 capital and 1:500 leverage. While traders cannot withdraw this allocation directly, they can withdraw any profits earned from it, with a 90% profit split arrangement.

The Verification stage is the second phase of our Evaluation Process, where traders demonstrate their trading consistency and adherence to our rules. Traders who pass the Verification stage progress to the final stage of obtaining an NGC Elite Account.

The NGC Challenge is the initial phase of our Evaluation Process, designed to assess traders' trading skills and risk management capabilities. Traders are required to meet specific trading objectives during this stage to progress to the Verification phase.  

Traders participating in NGC Challenges or Verification stages are not required to close their positions overnight. However, once traders become NGC Elite Traders and obtain an NGC Elite Account, they are expected to adhere to specific rules regarding overnight positions, as outlined in our trading guidelines.

Yes, traders are permitted to trade news events during NGC Challenges and Verification stages. However, traders should exercise caution and adhere to proper risk management practices when trading around news releases to mitigate potential market volatility and adverse price movements.

Congratulations! After passing the NGC challenge we will contact you through your NGC account's notifications and messages for further steps. We will contact you once your live funded account is ready.

As an NGC Elite Trader, you will trade with our firm's capital, which varies depending on the account size you choose, ranging from $10,000 to $200,000.

The duration varies depending on your trading performance and how quickly you meet our evaluation criteria. Typically, it can take anywhere from a few days to a few weeks to become an NGC Elite Trader.

To become an NGC Elite Trader, you need to successfully complete our NGC Challenge and Verification stages, demonstrating consistent and profitable trading performance while adhering to our risk management rules and trading objectives.

To start the evaluation process, simply purchase an NGC Challenge through our website. After purchasing your challenge, we will contact you through your NGC account's notifications and messages and kindly request your OANDA demo-account details so we can prepare your trading dashboard.

NGC welcomes traders from all backgrounds and experience levels who have a passion for trading and a desire to succeed in the financial markets. Whether you're a seasoned professional or a novice trader, we provide the opportunity for talented individuals to showcase their skills and trade with our firm's capital.

NGC operates globally, and our team is available to assist you remotely through our online platform. You can contact us through our website's messaging system or email us at [email protected] for any inquiries or assistance.

NextGen Collective (NGC) is a leading proprietary trading firm that offers talented traders the opportunity to trade with our firm's capital. We provide a supportive environment, top-notch trading infrastructure, and competitive payout structures to help traders succeed in the financial markets.

By joining NGC, you gain access to a supportive community of traders, top-tier trading technology, and the opportunity to trade with our firm's capital. We offer competitive payout structures, transparent evaluation processes, and the chance to develop your trading skills and grow your career as a professional trader. Additionally, our traders will never have to worry about getting their hard-earned payout anymore, as we have a unique rewarding system called our growth pool, ensuring that your efforts are duly rewarded.

To start trading with NGC, simply sign up on our website and purchase an NGC Challenge. Once purchased, we will guide you through the evaluation process, where you will demonstrate your trading skills and risk management abilities.

Yes, NGC is a reputable and trusted prop trading firm that provides funded trading accounts to talented traders worldwide. Our transparent evaluation process and commitment to fair trading conditions make us a reliable choice for aspiring traders.

Yes, Expert Advisors (EAs) are permitted for use at NGC, with the exception of High-Frequency Trading (HFT) and hedging EAs. Traders are encouraged to utilize EAs that align with their trading strategies, provided they comply with our guidelines and do not engage in prohibited trading practices.