Introduction to Nova Funding
Nova Funding stands out as an esteemed proprietary trading firm, offering a comprehensive platform for traders to leverage their skills in the financial markets. Committed to empowering traders globally, Nova Funding provides an avenue for individuals to demonstrate their trading capabilities and qualify for substantial funding based on their performance. The firm prides itself on its user-friendly interface, granting access to a diverse range of trading instruments encompassing forex, commodities, indices, and cryptocurrencies. Nova Funding’s primary focus lies in nurturing trader development by providing substantial capital, advanced trading tools, and educational resources to support traders at various experience levels. With a strong emphasis on community support and personalized guidance, Nova Funding presents an appealing opportunity for traders seeking avenues within funded trading prop firms to enhance their trading endeavors and achieve financial success.
Pros and Cons
Pros
- ✓ Unlock up to $400,000
- ✓ Offers a 1-Step Challenge
- ✓ EAs Allowed
- ✓ Currently Hyped
Cons
- ✗ Relatively Expensive Participation
- ✗ Offers Forex/Crypto Trading Only
- ✗ Fairly New In The Market
| Firm Details | |
|---|---|
| Year Founded | 2023 |
| Maximum Balance | $400,000 |
| Tradeable Assets | Forex, Crypto |
| Challenge Type | One-Step Evaluation |
| Trading Platforms | MT4 |
| Trading Hours | Holding Overnight, Holding Over Weekend (Challenge Only) |
| Copy Trading | ✅ |
| News Trading | ✅ |
| EAs | ✅ |
| Trust Pilot Rating⭐ | 3.9 / 5.0 |
| Trust Pilot Reviews | 1,136 |
| Payment Types | Crypto |
Challenges Options
Nova Funding is a prop trading firm that offers challenges to forex traders through their 1-Step Trader Evaluation program. Traders can participate in this program to test their skills in a simulated trading environment and potentially earn rewards. The evaluation process consists of two steps.
In Step 1, traders have unlimited calendar days to achieve a 10% profit target while maintaining specific drawdown parameters. Once they pass this stage, they are upgraded to the Experienced Trader Stage.
In Step 2, traders who have reached the Experienced Trader Stage can display their trading performance and become eligible to receive up to 80% of their simulated profits through a performance commission. They can unlock higher commission percentages and increase their payout frequency as they perform under a simulated market environment. Traders also have the opportunity to compete for top spots on the trader leaderboard.
Nova Funding aims to provide traders with an accelerated process, allowing them to trade commission-eligible paper trading accounts within 72 hours of passing the evaluation. The firm offers different evaluation plans with varying levels of leverage and profit targets.
Overall, Nova Funding challenges traders to showcase their trading skills, offering the potential for rewards and the opportunity to trade with increased buying power.
| One Step Rules | |
|---|---|
| Profit Target | 10% |
| Max Daily Loss | ❌ |
| Max Daily Drawdown | 4% |
| Max Loss | ❌ |
| Max Drawdown | 8% |
| Min’ Trading Days | ❌ |
| Max Trading Days | ❌ |
| Profit Split | up to 80% |
Challenge Pricing
| Account Size | 1 Step | 2 Step |
|---|---|---|
| $25,000 | $297 | ❌ |
| $50,000 | $397 | ❌ |
| $100,000 | $597 | ❌ |
| $200,000 | $997 | ❌ |
Nova-Funding.com emerges as the beacon of your funded trading expedition. Nova-Funding.com showcases cutting-edge technology, unwavering support, and an unwavering dedication to trader success. Access diverse markets and competitive leverage, laying a robust foundation for extensive growth and exploration within the trading sphere.
What distinguishes Nova-Funding.com is its personalized approach. It offers tailored mentorship, comprehensive educational resources, and robust risk management strategies meticulously designed to nurture individual trader potential and drive continual progress.
Choose Nova-Funding.com to embark on an immersive and transformative trading journey. Align with a platform committed to fueling your ambitions, equipped with the tools and expertise to thrive in the dynamic financial markets.
Trust Nova-Funding.com to be your guiding light, supporting you in achieving remarkable milestones and transforming your trading aspirations into tangible achievements in the world of funded trading.
Introduction o Nova Funding Trading Program:
Nova Funding is a funded trading program that offers aspiring forex traders an opportunity to prove their skills and trade with proprietary funds. With its 1-Step Trader Evaluation, Nova Funding aims to provide traders across the globe with a streamlined and accelerated process to access funding and potentially earn substantial profits.
Nova Funding Trading Program’s Evaluation Process:
The evaluation process of Nova Funding’s 1-Step Trader Evaluation is designed to be flexible and efficient. Traders are given unlimited calendar days to achieve a 10% profit target while adhering to the daily drawdown and total drawdown parameters of 4% and 8% respectively. The program allows traders to progress to the funded stage within 72 hours upon completion of the evaluation, offering a quick transition to trading with proprietary funds.
Funded Prop Trader Stage:
Upon successfully reaching the funded stage, traders can experience a significant advancement in their trading journey. They are encouraged to display their live trading performance, which can make them eligible to receive up to 80% of their profits. As traders grow and demonstrate consistency, they can unlock the opportunity for bi-weekly payouts, enhancing their earning potential.
Key Features and Benefits:
Speed and Flexibility: Nova Funding prioritizes efficiency by granting access to funded accounts within 72 hours of passing the evaluation. Traders have the freedom to choose their own trading duration, whether it’s 60 minutes, 8 days, or 3 weeks, allowing for greater flexibility.
No Trading Restrictions: Traders can trade using their preferred trading systems, including news trading, expert advisors (EA’s), and manual trading. Nova Funding encourages traders to showcase consistency in the markets while handling the operational aspects.
Gamified Trading: Nova Funding introduces a competitive element by featuring a trader leaderboard. Traders can compete for top spots, which unlock higher profit split percentages and increase payout frequency. The highest payout trader is prominently displayed on the website’s front page.
Multiple Evaluation Plans: Nova Funding offers different evaluation plans based on traders’ capital requirements. Traders can choose from evaluation plans ranging from $25,000 to $200,000, each with specific leverage, profit targets, drawdown limits, and pricing options.
Transparent Payout Process: Traders can receive their payouts conveniently through bank wire transfer or cryptocurrency, with a quick processing time of 24-72 hours. Nova Funding aims to expedite the payout process, and in some cases, payouts may be sent within as little as 8 hours from approval.
Conclusion:
Nova Funding’s funded trading program, particularly the 1-Step Trader Evaluation, presents an appealing opportunity for forex traders to showcase their skills and potentially earn significant profits. The program’s emphasis on speed, flexibility, and trader autonomy, combined with the attractive profit split percentages and competitive elements, make it a promising choice for traders seeking funding and growth in their trading careers. With its transparent evaluation and payout processes, Nova Funding aims to provide a supportive environment for traders worldwide.
