Company Information

Company Name: Now Trade Funded
Company Legal Name: Prop Trade Tech Pty Ltd
Company Registration no.: ABN 71 661 045 950
Operating Since: Not disclosed
CEO Name: Not available

Challenge Details

Standard Challenge

Pricing:
- $5,000 account: $25
- $15,000 account: $75
- $25,000 account: $125
- $50,000 account: $250
- $100,000 account: $450
- $200,000 account: $900
Rules:
- Profit Target (Phase 1): 10%
- Profit Target (Phase 2): 7%
- Total Loss: 10%
- Daily Loss: 5%
- Profit Share: 80%
- Drawdown Type: Static
- Time Limit: Unlimited
- Leverage: 1:50 for demo accounts, 1:30 for funded accounts
- Max Lot Size: No limit
- Payout Frequency: Every 14 days
- Allows Copy Trading: No
- Min Trading Days: 0

QuickPass Challenge

Pricing:
- $5,000 account: $25
- $15,000 account: $75
- $25,000 account: $125
- $50,000 account: $250
- $100,000 account: $450
- $200,000 account: $900
Rules:
- Profit Target (Phase 1): 105%
- Total Loss: 10%
- Daily Loss: 5%
- Profit Share: 80%
- Drawdown Type: Static
- Time Limit: Unlimited
- Leverage: 1:50 for demo accounts, 1:30 for funded accounts
- Max Lot Size: No limit
- Payout Frequency: Every 14 days
- Allows Copy Trading: No
- Min Trading Days: 0

Scaling Plan

Now Trade Funded does not offer any scaling plan.

Spreads and News Trading Rules

Spreads:

Now Trade Funded has not mentioned the spreads on their website.

News Trading Rules:

Now Trade Funded has not mentioned any rule related to news trading.

Other Important Rules

Daily Drawdown Calculation:

Now Trade Funded has not clearly mentioned about how they calculate daily drawdown.

Countries Banned from Purchasing:

Now Trade Funded does not offer their services to these countries mentioned below :

Cuba, Iran, North Korea, Myanmar, Russia (including Crimea, Donetsk, and Luhansk regions of Ukraine), Somalia, Syria

Prohibited Trading Strategies:

High-frequency trading (manual or bot)
Hedge arbitrage trading
Tick scalping
Grid trading
One-sided betting
Latency arbitrage trading
Reverse arbitrage trading
Copy trading

Payout Methods

Withdrawals are processed via cryptocurrency.

Trading Commissions

Now Trade Funded has not mentioned the commission rates on their website.

IP Rule

Now Trade Funded has not mentioned any IP rule but we strongly advise traders that they should trade with the same device with which the trader has purchased their account.

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