NextPropTrader prop firm offers funded account challenges ranging from 10k to 250k USD. The firm only allows futures trading and has one account type, which is a one-phase account, requiring traders to hit the profit target of 6%. It is common practice among future prop firms to require smaller profit targets. However, traders have to follow strict rules such as 5% maximum drawdown limits. The profit sharing is 95% which is suspiciously high. The pricing starts at 43.6 USD for the smallest, 10k USD challenges using ongoing discounts, which is very competitive.
In this NextPropTrader review, we will assess the firm’s most important features such as safety, rules, funded options and types, fees, platforms, support, and much more.
| Pros | Cons |
|---|---|
| Affordable pricing from 43.6 USD per month on a 10k challenge | Extremely low trust level due to negative reviews |
| A high profit-sharing ratio of 95% | Strict rules (3.5% maximum drawdown) |
| Wide range of advanced futures trading platforms | Does not offer a scaling plan |
| No educational resources | |
| No live chat or phone support | |
| No multilingual support or website | |
| No free trials or repeats |
| FPA Score | Not rated yet |
| Year founded | 2024 |
| Headquarters | Nad Al Sheba, Dubai |
| Minimum audition fee | 43.6 USD per month |
| Fees on withdrawals | 0 USD |
| Minimum funded amount | 10,000 USD |
| Maximum funded amount | 250,000 USD |
| Allowed daily loss | None |
| Profit target | 6% |
| Maximum trailing drawdown | 3.5% (5% for 10k USD challenge) |
| Profit sharing (Payouts) | Up to 95% |
| Trading Platforms | Rithmic platforms (22 different platforms) |
| Available trading markets | All CME products, including micro futures |
There are zero NextPropTrader reviews on the Forex Peace Army (FPA) platform, which is a red flag for the firm. On Trustpilot, the firm has a few reviews, and all of them are negative. This is a major red flag and indicates serious issues with the firm’s safety and ethical practices. Traders complain about hidden rules and account balance manipulations which can not be overlooked. When it comes to experience, the firm was launched recently in 2024, making it a very young and inexperienced prop firm. The firm is not backed by regulated brokers, which is yet another serious downside and red flag.
In the end, NextPropTrader gets a 0 score in this section, and we advise our readers to stay away from this firm unless they approach their business more seriously.
NextPropTrader funded programs lack diversity as there is only one funded challenge type, which is a 1-step evaluation future program. The list of NextPropTrader funding options includes 10k, 25k, 50k, 100k, 150k, and 250k USD. There are no other options beyond the 250k USD, which is a downside.
NextPropTrader challenges allow beginners to start small, which is flexible, but since the firm is not very reliable, we advise our readers to be extremely cautious with this firm.
Traders can not grow their funded accounts as there is no NextPropTrader scaling plan, which is a big downside for traders.
Overall, the firm gets a 3 score in this section.
NextPropTrader prop trading assets only include futures and micro futures. Traders can speculate on a range of markets in the form of futures such as currencies, commodities, equities, and so on. However, there is no way to directly access these other markets, which is a downside.
Overall, the firm gets a 1 score in this section.
NextPropTrader rules are slightly stricter than what other firms offer. The maximum drawdown is just 3.5% which is extremely strict and traders have to make 6% profit which is challenging but achievable. There is no daily loss limit and traders have to trade for at least 5 days (minimum trading days). News trading is allowed, but traders must close trades before certain hours to avoid overnight and weekend trading.
Overall, the firm gets a 1 score in this section.
The pricing at NextPropTrader is based on a monthly subscription and with ongoing discounts offers an affordable start for futures trading. The smallest price starts at 43.6 USD per month. Here is the list of prices for each funded amount offered by the firm:
As we can see, the pricing is super competitive on funded challenges, which makes it easy to start futures trading cheaply. However, the lack of proper safety and reliability makes it super risky to sign up for this prop firm.
NextPropTrader free trial is not offered and the NextPropTrader free repeat is not available either, which is a big downside.
Overall, the firm gets a 3 score in this section.
The firm allows traders to employ a wide range of Rithmic strategies, which are 22 in total. It also promises to add even more platforms from DXFeed which is flexible. Mobile trading is allowed, and custom indicators can be used. However, the firm does not allow EAs or automated trading systems.
Overall, the firm gets a 3.6 score in this section.
NextPropTrader profit split is 95% which is very high and almost suspicious. Prop firms should be making money by splitting profits between the firm and trader and giving out 95% of profits while giving traders trading capital and taking risks is a direct red flag.
Overall, the firm gets a 3 score in this section.
When it comes to educational resources, the firm does not provide comprehensive materials. There are no webinars, trading courses, or video guides. There is no trading blog either, which is yet another downside. The firm allows access to many trading platforms but does not offer tools.
Overall, the firm gets a 0 score in this section.
The firm only offers email support, which is a downside. There is no live chat or phone support. This is a big downside and makes it a lengthy process to get help and solve issues. The website and support are also only available in the English language, which is a downside.
Overall, the firm gets a 1.2 score in the support section.
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NextPropTrader scam is highly likely as the firm promises 95% payouts, there are several negative trader reviews and lacks experience in the prop industry.
No, the firm is very risky and has negative trader reviews with exaggerated promises. Stay away.
The minimum pricing with ongoing discounts starts at 43.6 USD per month for the smallest 10k USD futures challenge, which is competitive.
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