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NexGen Futures Trader Review
Nexgen Futures Trader is the older name for what now runs as Nexgen ProTrader Funding, a Florida futures prop firm that clears trades through AMP Futures.
Min Deposit
$149
Spreads From
Not published. Futures trade on exchange spreads set through AMP Futures
Max Leverage
Set by futures exchange margin rules, not a fixed retail leverage ratio
Platforms
TradingView, AMP Futures and CQG infrastructure
Pros
- Trades clear through AMP Futures, a real regulated US futures broker
- Its Florida LLC registration is active and checkable on the state Sunbiz register
- Founder has run futures trader education since 2000 through Nexgen Software Services
- Publishes evaluation rules, country limits and prices openly on its own site
Cons
- The original Nexgen Futures Trader website is now just a placeholder page
- Nexgen itself is an unregulated prop firm, not a licensed broker
- A Trustpilot reviewer accused the firm of blocking a payout after a rule change
- Blocks an unusually long list of about 90 countries through its clearing broker
Nexgen Futures Trader launched around the end of 2024 as a futures prop trading firm. It was built by John Novak, who has run futures trader education through Nexgen Software Services since the year 2000. Traders bought a challenge, followed set rules, and could reach a funded, simulated account.
The nexgenfuturestrader.com site now shows only a placeholder page. The active product today is Nexgen ProTrader Funding, run by the same Nexgen team from Sarasota, Florida. Its legal entity, Nexgen ProTrader Funding LLC, was registered with the Florida Division of Corporations in February 2024 and still shows as active.
Nexgen is not a bank or a broker itself. It trades through AMP Futures, a real US futures broker, so its long list of restricted countries follows AMP's compliance rules, not just Nexgen's own choice. A Trustpilot reviewer in 2025 said the firm blocked a payout after changing its rules, a claim Nexgen publicly disputed point by point in its reply.
Min. Deposit
USD 149
Max Leverage
Set by futures exchange margin rules, not a fixed retail leverage ratio
Spreads From
Not published. Futures trade on exchange spreads set through AMP Futures
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
