Details About Nova Funding

  • Legal Name: The legal name of Nova Funding is Nova Trading Solutions LLC.
  • Company Number: The registration number of Nova Funding is 0804882026.
  • Country of Registration: Nova Funding is registered in US.US
  • CEO: The CEO of Nova Funding is not publicly disclosed.
  • Support Mail: You can contact Nova Funding at [email protected].
  • Phone: The phone number for Nova Funding is not publicly available.
  • Payment Modes: Nova Funding supports payments via Crypto.
  • Withdrawal Modes: Nova Funding facilitates withdrawals through Crypto.
  • Official Website: Visit the official website of Nova Funding at https://nova-funding.com.
  • Banned Countries: Nova Funding does not allow traders from Cuba, Iran, North Korea, Lebanon, Libya, Somalia, Sudan, Syria.

Challenge Details at Nova Funding

  • Types of Challenge:The challenges offered at Nova Funding include One Phase Challenge.
  • Trading Platforms:Nova Funding supports trading on Trade Locker, DXTrade.
  • Trading Instruments:Traders at Nova Funding can trade Forex.
  • Broker:The broker associated with Nova Funding is CBT Limited.
  • Max Allocation:The maximum allocation provided by Nova Funding is 200,000.
  • Scaling:The scaling potential at Nova Funding reaches up to not available.
  • Trading Competitions:Nova Funding does not organize trading competitions for traders.
  • Free Trials:Nova Funding does not offer free trials to its users.
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Nova Funding

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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.

  1. Initial Account Balance at Reset Time: This resets daily at 00:00 PM Market Watch Time (5:00 PM EST).
  2. 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.

Nova Funding Challenge Account Pricing

One Step Evaluation

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Pricing

Size: $25000 ($297)

Size: $50000 ($397)

Size: $100000 ($597)

Size: $200000 ($997)

One Step Evaluation Left Icon

Features

One Step Evaluation Right Icon

Drawdown Type

Equity Based Drawdown

Copy Trading

Copy Trading Allowed

Drawdown

8%

EA Allowed

EA Allowed

News Trading

News Trading is Not Allowed

Profit Target

10%

Daily Loss

4%

Frequently Asked Questions

Reviews

No reviews availavle!

Web Traffic Data

Statistics

Web Traffic

Total Overview

Pages per visit

36,473

Total Visits

4.547

Global Rank

686,348

Country Rank

15,080

Statistics

Traffic Source

Spending on vaarious categories

Social

Paid Referral

Mail

Referrals

Search

Direct

Statistics

Sales By Countries

Monthly Sales Overview

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