Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

NextGen Funding NextGen Funding
WeMasterTrade WeMasterTrade
NextGen Funding 6.5 Get Started
WeMasterTrade 5.3 Get Started
Overview
Asset Type CFD CFD
Country Saint Lucia Canada
Established Jul 2024 Jan 2021
Technology White-Label Proprietary
Platforms MT5 Match Trader, MT5
Trading Rules
Profit Split Up to 90% Best Up to 90%
Daily Drawdown 5% (Standard/Rapid), 3% (Ace), all balance-based Maximum Daily Loss
Payout Frequency Weekly
Once per week, starting 14 days after first trade. Minimum profit $100. Processed within 24 hours after approval. 		Daily Payout
Support payouts via USDC stablecoin and bank transfer with a 48h average payout time
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • Backed by Errante (multi-regulated broker), balance-based drawdown, 24-hour payout processing, up to 90% profit split, unlimited trading days, EAs and weekend holding allowed, raw spreads with $3 commission on FX/metals, up to $200K starting account, $1M scaling cap
  • Best instant funding prop programs include 51010, 510Zero, and Customize; daily payout with 48h average payout time; reward share up to 90% on funded accounts; MetaTrader 5 and Match-Trader; account sizes from $5K up to $400K
Main Drawbacks
  • Single platform (MetaTrader 5 only), 50% profit distribution rule on funded accounts (max 50% of profit from a single day), KYC required after passing challenge, country restrictions include USA + India + many others
  • Reward share in challenge Phase 2 is only 30% before scaling to 90% on funded accounts; Customize Instant Funding has a tighter 2% / 4% drawdown ceiling
Offers & Promo Codes
Active Offers No offers No offers

Challenge Details

NextGen Funding Challenges

18 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$59 $41
Refundable fee (reimbursed with first payout after Funded) 		$5K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 10% balance-based
P2: 10% balance-based
 Up to 90% None
$59 $41
Refundable fee (reimbursed with first payout after Funded) 		$5K 2 Steps P1: 8%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 8% balance-based
P2: 8% balance-based
 Up to 90% None
$65 $46
Refundable fee (reimbursed with first payout after Funded) 		$5K 1 Step P1: 10%
 P1: 3%
Maximum Daily Drawdown
P1: 6% balance-based
 Up to 90% None
$129 $90
Refundable fee (reimbursed with first payout after Funded) 		$10K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 10% balance-based
P2: 10% balance-based
 Up to 90% None
$129 $90
Refundable fee (reimbursed with first payout after Funded) 		$10K 2 Steps P1: 8%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 8% balance-based
P2: 8% balance-based
 Up to 90% None
$139 $100
Refundable fee (reimbursed with first payout after Funded) 		$10K 1 Step P1: 10%
 P1: 3%
Maximum Daily Drawdown
P1: 6% balance-based
 Up to 90% None
$199 $179
Refundable fee (reimbursed with first payout after Funded) 		$25K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 10% balance-based
P2: 10% balance-based
 Up to 90% None
$199 $179
Refundable fee (reimbursed with first payout after Funded) 		$25K 2 Steps P1: 8%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 8% balance-based
P2: 8% balance-based
 Up to 90% None
$224 $204
Refundable fee (reimbursed with first payout after Funded) 		$25K 1 Step P1: 10%
 P1: 3%
Maximum Daily Drawdown
P1: 6% balance-based
 Up to 90% None
$369 $329
Refundable fee (reimbursed with first payout after Funded) 		$50K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 10% balance-based
P2: 10% balance-based
 Up to 90% None
$369 $329
Refundable fee (reimbursed with first payout after Funded) 		$50K 2 Steps P1: 8%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 8% balance-based
P2: 8% balance-based
 Up to 90% None
$419 $379
Refundable fee (reimbursed with first payout after Funded) 		$50K 1 Step P1: 10%
 P1: 3%
Maximum Daily Drawdown
P1: 6% balance-based
 Up to 90% None
$589 $529
Refundable fee (reimbursed with first payout after Funded) 		$100K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 10% balance-based
P2: 10% balance-based
 Up to 90% None
$589 $529
Refundable fee (reimbursed with first payout after Funded) 		$100K 2 Steps P1: 8%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 8% balance-based
P2: 8% balance-based
 Up to 90% None
$689 $629
Refundable fee (reimbursed with first payout after Funded) 		$100K 1 Step P1: 10%
 P1: 3%
Maximum Daily Drawdown
P1: 6% balance-based
 Up to 90% None
$1189 $1069
Refundable fee (reimbursed with first payout after Funded) 		$200K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 10% balance-based
P2: 10% balance-based
 Up to 90% None
$1189 $1069
Refundable fee (reimbursed with first payout after Funded) 		$200K 2 Steps P1: 8%
P2: 5%
 P1: 5%
Maximum Daily Drawdown
P2: 5%
Maximum Daily Drawdown
P1: 8% balance-based
P2: 8% balance-based
 Up to 90% None
$1389 $1269
Refundable fee (reimbursed with first payout after Funded) 		$200K 1 Step P1: 10%
 P1: 3%
Maximum Daily Drawdown
P1: 6% balance-based
 Up to 90% None

WeMasterTrade Challenges

22 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$35
one-time 		$10K Instant P1: 6%
 P1: 2%
P1: 4%
 Up to 90% None
$44
one-time 		$5K Instant P1: 10%
 P1: 5%
P1: 10%
 Up to 90% None
$45
one-time 		$10K 2 Steps P1: 8%
P2: 6%
 P1: 5%
P2: 5%
P1: 10%
P2: 10%
 Up to 90% None
$52
one-time 		$5K Instant P1: -
 P1: 5%
No profit target
P1: 10%
 Up to 90% None
$76
one-time 		$10K Instant P1: 10%
 P1: 5%
P1: 10%
 Up to 90% None
$84
one-time 		$10K Instant P1: -
 P1: 5%
No profit target
P1: 10%
 Up to 90% None
$88
one-time 		$25K Instant P1: 6%
 P1: 2%
P1: 4%
 Up to 90% None
$100
one-time 		$25K 2 Steps P1: 8%
P2: 6%
 P1: 5%
P2: 5%
P1: 10%
P2: 10%
 Up to 90% None
$175
one-time 		$50K 2 Steps P1: 8%
P2: 6%
 P1: 5%
P2: 5%
P1: 10%
P2: 10%
 Up to 90% None
$175
one-time 		$50K Instant P1: 6%
 P1: 2%
P1: 4%
 Up to 90% None
$196
one-time 		$25K Instant P1: 10%
 P1: 5%
P1: 10%
 Up to 90% None
$220
one-time 		$25K Instant P1: -
 P1: 5%
No profit target
P1: 10%
 Up to 90% None
$288
one-time 		$50K Instant P1: 10%
 P1: 5%
P1: 10%
 Up to 90% None
$320
one-time 		$100K 2 Steps P1: 8%
P2: 6%
 P1: 5%
P2: 5%
P1: 10%
P2: 10%
 Up to 90% None
$328
one-time 		$50K Instant P1: -
 P1: 5%
No profit target
P1: 10%
 Up to 90% None
$345
one-time 		$100K Instant P1: 6%
 P1: 2%
P1: 4%
 Up to 90% None
$552
one-time 		$100K Instant P1: 10%
 P1: 5%
P1: 10%
 Up to 90% None
$640
one-time 		$100K Instant P1: -
 P1: 5%
No profit target
P1: 10%
 Up to 90% None
$690
one-time 		$200K Instant P1: 6%
 P1: 2%
P1: 4%
 Up to 90% None
$1072
one-time 		$200K Instant P1: 10%
 P1: 5%
P1: 10%
 Up to 90% None
$1248
one-time 		$200K Instant P1: -
 P1: 5%
No profit target
P1: 10%
 Up to 90% None
$1380
one-time 		$400K Instant P1: 6%
 P1: 2%
P1: 4%
 Up to 90% None
NextGen Funding
Visit NextGen Funding Full Profile →
WeMasterTrade
Visit WeMasterTrade Full Profile →