Details About NowTradeFunded
Legal Name: Prop Trade Tech Pty Ltd
Company Number: ABN 71 661 045 950
Country of Registeration: Not disclosed
CEO: Not available
Support Mail: [email protected]
Phone: Not available
Payment Modes: Crypto
Withdrawal Methods: Crypto
Website: https://nowtradefunded.com
Banned Countries:
Challenge Details at NowTradeFunded
Types of Challenges: One Phase Challenge, Two Phase Challenge
Trading Platforms: MatchTrader, DXTrade, Metatrader
Trading Instruments: Forex
Broker: Eightcap
Max Allocation: $200,000
Scaling: $Not available
Trading Competitions: Does not organize Trading Competitions
Free Trials: Does not offer free Trials
About NowTradeFunded
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.
- $5,000 account: $25
- $15,000 account: $75
- $25,000 account: $125
- $50,000 account: $250
- $100,000 account: $450
- $200,000 account: $900
- 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
- $5,000 account: $25
- $15,000 account: $75
- $25,000 account: $125
- $50,000 account: $250
- $100,000 account: $450
- $200,000 account: $900
- 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