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.
- 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.
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.
Nova Funding Challenge Account Pricing
One Step Evaluation
Pricing
Size: $25000 ($297)
Size: $50000 ($397)
Size: $100000 ($597)
Size: $200000 ($997)
Features
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
Web Traffic
Total Overview
Pages per visit
36,473
Total Visits
4.547
Global Rank
686,348
Country Rank
15,080
Traffic Source
Spending on vaarious categories
Social
Paid Referral
Referrals
Search
Direct
Sales By Countries
Monthly Sales Overview