🚀 Nova is a simplified evaluation model that allows traders to start their journey for only $5, making it one of the most accessible challenges available.
⚡ Overview
The Nova Challenge requires traders to reach a 5% profit target while staying within an 8% maximum overall loss.
There are no minimum trading days, allowing traders to complete the challenge at their own pace. Once the target is achieved without violating the rules, the trader can activate their funded account by paying the Funded fee for the selected account size.
📊 Challenge Rules
Rule | Requirement |
Profit Target | 5% |
Daily Drawdown | 4% |
Drawdown Type | Trailing |
Max Overall Loss | 8% |
Minimum Trading Days | 0 |
💼 Funded Stage Rules
Rule | Requirement |
Daily Drawdown | 4% |
Max Overall Loss | 8% |
Drawdown Type | Trailing |
Lock on payout | Once a payout is requested, the drawdown is locked in at the initial account balance |
Minimum Profitable Trading Days | 7 (Each day must reach at least 0.5% of the initial account balance) |
Payout Cycle | On Demand |
💵 Account Sizes & Entry Fee
All Nova evaluations can be started for only $5, regardless of the account size.
🔓 Funded Fee
Once the challenge is successfully passed, traders must pay a Funded fee to unlock their funded account.
Account Size | Funded Fee |
$10,000 | $79 |
$25,000 | $184 |
$50,000 | $345 |
$100,000 | $569 |
$200,000 | $1,029 |
💡 Why Nova?
With a $5 starting fee, traders can prove their strategy and trading discipline before committing.
This structure allows traders to:
Test their skills with a minimal fee
Access funded trading opportunities more easily
Only pay the full Funded once they successfully pass the evaluation
📅 Payouts
Payouts are available on demand once the trader receives their funded account.
Withdrawal requests can be submitted directly from the trading dashboard.
Important note: once a payout is requested, the drawdown is locked in at the initial account balance. When you request a payout, your max drawdown is fixed at the initial balance. If you request a full payout, it means that you will instantly breach the total drawdown. You will need to keep a buffer in the account to continue trading
✅ Allowed Trading Strategies
Manual trading (scalping, swing, intraday)
EAs are permitted
❌ No high-impact news trading ±2 minutes