Nova Funding Review 2025 – Prop Firm Features, Rules & Payout Explained
Read our full Nova Funding review, including a detailed breakdown of Challenge types, Drawdown rules, Prohibited Strategies, and Payout process.

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Nova Funding
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Forex
US
CEO:

Trade Locker

DXTrade

Crypto

Crypto

CBT Limited
Company Information
- Company Name: Nova Funding
- Company Legal Name: Prop Trade Tech Pty Ltd
- Company Registration No.: ABN 71 661 045 950
- Operating Since: March 8, 2024
- CEO Name: Undisclosed
Challenge Details
Pricing
- $25,000 Account: $297
- $50,000 Account: $397
- $100,000 Account: $597
- $200,000 Account: $997
Rules
- Profit Target: 10%
- Total Loss: 8%
- Daily Loss: 4%
- Profit Share: Starts at 50%, increases up to 80%
- Drawdown Type: Trailing Equity Drawdown
- Time Limit: Unlimited
- Leverage: 1:100
- Max Lot Size: No limit
- Payout Frequency: Every 14 days
- Allows Copy Trading: Yes
- Minimum Trading Days: None
Scaling Plan
Currently, Nova Funding does not offer any scaling plan.
Spreads and News Trading Rules
Spreads
Nova Funding has not mentioned the spreads which are applied on their website.
News Trading Rules
Nova Funding has not mentioned any information related to News trading rule on their website.
Other Important Rules
Daily Drawdown Calculation
Nova Funding calculates daily drawdown based on the equity of the account each day at 5:00 PM EST. This drawdown is equity based drawdown which means the drawdown limit can increase or decrease as the account balance grows or shrinks.
- Initial Account Balance at Reset Time: This resets daily at 00:00 PM Market Watch Time (5:00 PM EST).
- Highest Equity Point of the Day: Ensure your equity doesn’t drop 4% below either the initial balance at reset or the highest equity point within the day.
Countries Banned from Purchasing
Due to U.S. government restrictions, traders from the following countries are prohibited:
- Cuba
- Iran
- Lebanon
- Syria
- North Korea
- Libya
- Sudan
- Somalia
Prohibited Trading Strategies
To maintain a fair trading environment, the following strategies are not allowed:
- Grid Trading: Including the use of grid trading software.
- Martingale Trading: Or any tools implementing martingale systems.
- Latency Arbitrage: Exploiting delayed data feeds.
- Hedging Orders: Across multiple accounts.
- News Volatility Exploitation: Using guaranteed limit order fills to profit from news events.
- Delayed Data Feeds: Leveraging outdated data for risk-free profits.
- Copy Trading Across Accounts: Sharing strategies with other users on the platform.
- Third-Party Account Management: Managed accounts by external entities.
- High-Frequency Trading (HFT) Bots: Automated systems designed for ultra-high-speed trading.
Payout Methods
Nova Funding offer traders two payout methods for withdrawals :-
- Cryptocurrency: USDT-TRC20, USDT-ERC20, or Bitcoin (BTC).
- Bank Wire Transfer: Direct bank payouts.
Trading Commissions
Nova Funding has not mentioned the trading commission charged on their trading platform.
IP Rule
Nova Funding allow traders to trade using only one IP Address. Traders are not allowed to trade using multiple accounts and traders are also not allowed to trade one account using multiple IP Addresses.