🚀 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, with a Trailing Drawdown
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 |
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💼 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 |
Risk Protection | The overall risk (closed and floating) per symbol should not exceed 1% in a single day |
💵 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
🔄 Account Reset
Breached your Nova Funded account? No problem. You can reset it and get back to trading without starting a new challenge from scratch.
How It Works:
If a Nova Funded account breaches, you can reset it directly from your dashboard:
Log into your dashboard
Go to the Accounts tab
Find your breached Nova Funded account
Click Reset Account
Complete payment on the checkout page (a 10% discount is automatically applied, no code needed)
A new funded account of the same size is issued instantly, and you're ready to trade again
💵 Reset Fees
Resetting comes with an exclusive 10% discount off the original Funded fee, applied automatically every time.
📌 Good to Know
You can reset the same account as many times as you like
The reset fee stays the same every time, it does not stack additional discounts on repeat resets