Jay
Zero Star
Zero Star - Ponzi Scheme. Yes, traders will get paid out at the expense of others. I participated in NexGen Futures Trader’s Instant Funded Account (IFA) challenge, paid for access, and successfully completed their performance requirements. Upon requesting a $2,000 payout — as advertised — I was suddenly met with silence. Instead of honoring the agreement, they retroactively invoked a new policy (sent Dec 23, 2024) that withheld my payout and reset my account. I was promised that $1,000 would go to a Live account and $1,000 would be paid to me. I received neither. After completing the challenge, NexGen fabricated new technicalities to deny me. They took $511.03 from me across three charges and refused to deliver the services I paid for or the compensation I earned. When I followed up, they ceased communication. This isn’t a real trading platform — it’s a deceptive funnel that exploits hopeful traders and profits from failure. They rebilled me even after I passed, misrepresented my account status, and used vague rules to cancel my progress. I’ve filed formal complaints with PayPal and the CFPB. Do NOT send them your money. This is a modern Ponzi scheme built on simulated access and fake payouts. I have full documentation and am happy to share it with other victims or regulatory authorities. Reply to the nonsensical comment: 1. It must be difficult having a conversation with an educated person. 2. You took my money and explicitly talked about AUD and SHOW accounts. I have the emails for anyone to view. You never mentioned my IFA accounts, which you were monitoring. 3. You conveniently deleted my accounts and access to previous chats. It is a good thing that I am EDUCATED and kept my own stats. 4. Yes, I have the e-mail from your "support". I was met with silence because my email was NOT replied to nor my calls. 5. My IFA was CLOSED because I met the criteria to receive funding, which from YOUR fraudulent site states that half go into the illeged live account and half to the trader. To reiterate the false claim: they had a conversation about my AUD and SHOW accounts and NEVER mentioned my IFA. I received 3 emails about USTT violations. Forward note: My bond trading strategy works well in a LEGIT firm with a REAL live account. What is that saying, " Past Performance is no Guarantee of Future results." If my strategy did not work then how did I pass the illeged AUD and SHOW accounts.... yeah like I said. You have no recourse. Funny how you are trying to sound like you are the victim Sidenote: FTC and CFPB ... Ponzi scheme Fact is you took my money and closed my account, black my emails, when I earned a payout, which would have been my first in this arena. SO no won't stand for that type of nonsense.
Response from Nexgen Futures TraderApr 16, 2025
Your ChatGPT reply seems to have some wires crossed with its information. You failed to include: - The part where you were funded with a Live account from your ATL plans. (never received a payout cause you never had a green day) - You fail to mention that you were refunded for the rebilling due to timing. - Your stats were never made up, they come from you and why would you state your stats were made up if you had outcomes like receiving a Live account? - You were met with no silence from us at any time. If you were met with silence, how would we have communicated all of this information to you. - And you fail to mention that your IFA was closed because you were only supposed to focus on your LIVE account and no other accounts. Side note: Your bond trading strategy does not work like we told you after your first day in Live.



