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Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

MasterFunders MasterFunders
Nova Funded Nova Funded
Overview
Asset Type CFD CFD
Country Cyprus United States
Established - Jan 2024
Technology White-Label White-Label
Platforms Match Trader Trading View, DXTrade, cTrader, Match Trader
Trading Rules
Profit Split 80/20 Up to 90% Best
Daily Drawdown 5% static, balance/equity-based on the previous day's balance or equity, whichever is higher (Core and Lite). Direct Access Pro uses a 3% daily drawdown on the same basis. 5% Daily Loss Limit (Forex/CFD & Instant Funding) calculated using previous day's end-of-day balance, resets at 5 PM EST and compounds with account growth. Crypto plans use +/-3% Daily Cap Limit instead.
Payout Frequency On demand
First compensation request available 72 hours after entering the MasterTrader phase, then on demand. Direct Access Pro is eligible from Day One.
On Demand
Withdrawals can be requested at any time through trader dashboard; limited to one request per 30 days. Minimum withdrawal: greater of 00 or 1% of starting balance. 100% Payout Guarantee.
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • Static (non-trailing) drawdowns on every program; no consistency rules and no minimum trading days on Core and Lite; unlimited time limit on Core and Lite; news trading, overnight and weekend holding allowed on the evaluation path; evaluation fee refunded with the first compensation request; entry fees start at $5 for the 24-hour Speed Challenge and $25 for a $2.5K Core Challenge; compensation available 72 hours after qualifying, then on demand.
  • Up to 00K simulated capital across Forex & CFD, Crypto, Instant Funding plans (and Futures multi-phase); up to 90% profit split; 100% Payout Guarantee with zero denied payouts; no min/max trading days; On-Demand payout withdrawals; static max drawdown on Forex/CFD evaluations (not trailing); EAs allowed on Instant Funding; multiple platforms (DXtrade, MatchTrader, cTrader, TradingView via GooeyTrade); Nova Points loyalty rewards; monthly competitions with free accounts/prizes; available in 176+ countries; 24/7 multilingual support.
Main Drawbacks
  • Residents of the United States, Russia, North Korea, Cuba, Iran, Belarus and Syria are not accepted. Scalping is listed among the prohibited strategies despite the site marketing 'full trading freedom'. A margin-concentration rule that can fail a passing account is not stated on the public program pages; the firm confirmed the rule and said it would make it more visible after a trader raised it publicly. Direct Access Pro forbids weekend holding and costs $478 to $4,780. Total simulated allocation is capped at $100,000 across all accounts. The company is not regulated by any financial authority and describes all compensation as contractual, not market profit.
  • Established only in 2024 with limited operational track record; Instant Funding uses TRAILING max drawdown which locks at starting balance after first withdrawal; KYC required before payout (failed KYC closes account); 30-day inactivity breach on evaluations; max position size limited by margin and firm reserves right to adjust at any time; no separate TrustPilot profile yet for novafunded.com domain; Nova Funded LLC is a US Wyoming LLC, services provided by Forest Park FX LTD / Prop Account Group of Companies — not regulated as a broker.
Offers & Promo Codes
Active Offers No offers No offers

Challenge Details

MasterFunders Challenges

19 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$5 $5K 1 Step P1: 10%
P1: -
P1: 10%
80/20 None
$10 $10K 1 Step P1: 10%
P1: -
P1: 10%
80/20 None
$25 $2.5K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 10%
P2: 10%
80/20 None
$29 $2.5K 2 Steps P1: 5%
P2: 5%
P1: 5%
P2: 5%
P1: 5%
P2: 5%
80/20 None
$40 $5K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 10%
P2: 10%
80/20 None
$45 $5K 2 Steps P1: 5%
P2: 5%
P1: 5%
P2: 5%
P1: 5%
P2: 5%
80/20 None
$75 $10K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 10%
P2: 10%
80/20 None
$84 $10K 2 Steps P1: 5%
P2: 5%
P1: 5%
P2: 5%
P1: 5%
P2: 5%
80/20 None
$170 $25K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 10%
P2: 10%
80/20 None
$190 $25K 2 Steps P1: 5%
P2: 5%
P1: 5%
P2: 5%
P1: 5%
P2: 5%
80/20 None
$319 $50K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 10%
P2: 10%
80/20 None
$357 $50K 2 Steps P1: 5%
P2: 5%
P1: 5%
P2: 5%
P1: 5%
P2: 5%
80/20 None
$478 $10K Instant P1: -
P1: 3%
P1: 6%
80/20 None
$549 $100K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 10%
P2: 10%
80/20 None
$615 $100K 2 Steps P1: 5%
P2: 5%
P1: 5%
P2: 5%
P1: 5%
P2: 5%
80/20 None
$1195 $25K Instant P1: -
P1: 3%
P1: 6%
80/20 None
$2390 $50K Instant P1: -
P1: 3%
P1: 6%
80/20 None
$3585 $75K Instant P1: -
P1: 3%
P1: 6%
80/20 None
$4780 $100K Instant P1: -
P1: 3%
P1: 6%
80/20 None

Nova Funded Challenges

31 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$39
one-time fee
$5K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 8%
P2: 8%
Up to 90% $0
$49
one-time fee
$5K 1 Step P1: 10%
P1: 5%
P1: 6%
Up to 90% $0
$49
one-time fee
$5K 2 Steps P1: 6%
P2: 9%
P1: 3%
Daily Cap Limit +/-3%
P2: 3%
Daily Cap Limit +/-3%
P1: 9%
P2: 9%
90% $0
$69
one-time fee
$10K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 8%
P2: 8%
Up to 90% $0
$69
one-time fee
$5K 1 Step P1: 9%
P1: 3%
Daily Cap Limit +/-3% (auto-disables account on hit)
P1: 6%
90% $0
$98
one-time fee
$10K 1 Step P1: 10%
P1: 5%
P1: 6%
Up to 90% $0
$99
one-time fee
$10K 2 Steps P1: 6%
P2: 9%
P1: 3%
Daily Cap Limit +/-3%
P2: 3%
Daily Cap Limit +/-3%
P1: 9%
P2: 9%
90% $0
$137
one-time fee
$10K 1 Step P1: 9%
P1: 3%
Daily Cap Limit +/-3% (auto-disables account on hit)
P1: 6%
90% $0
$148
one-time fee
$25K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 8%
P2: 8%
Up to 90% $0
$198
one-time fee
$25K 1 Step P1: 10%
P1: 5%
P1: 6%
Up to 90% $0
$249
one-time fee
$5K Instant P1: -
P1: 5%
P1: 8% (trailing)
80% $0
$249
one-time fee
$25K 2 Steps P1: 6%
P2: 9%
P1: 3%
Daily Cap Limit +/-3%
P2: 3%
Daily Cap Limit +/-3%
P1: 9%
P2: 9%
90% $0
$297
one-time fee
$50K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 8%
P2: 8%
Up to 90% $0
$337
one-time fee
$25K 1 Step P1: 9%
P1: 3%
Daily Cap Limit +/-3% (auto-disables account on hit)
P1: 6%
90% $0
$397
one-time fee
$50K 1 Step P1: 10%
P1: 5%
P1: 6%
Up to 90% $0
$497
one-time fee
$10K Instant P1: -
P1: 5%
P1: 8% (trailing)
80% $0
$498
one-time fee
$50K 2 Steps P1: 6%
P2: 9%
P1: 3%
Daily Cap Limit +/-3%
P2: 3%
Daily Cap Limit +/-3%
P1: 9%
P2: 9%
90% $0
$597
one-time fee
$100K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 8%
P2: 8%
Up to 90% $0
$679
one-time fee
$50K 1 Step P1: 9%
P1: 3%
Daily Cap Limit +/-3% (auto-disables account on hit)
P1: 6%
90% $0
$797
one-time fee
$100K 1 Step P1: 10%
P1: 5%
P1: 6%
Up to 90% $0
$997
one-time fee
$100K 2 Steps P1: 6%
P2: 9%
P1: 3%
Daily Cap Limit +/-3%
P2: 3%
Daily Cap Limit +/-3%
P1: 9%
P2: 9%
90% $0
$1249
one-time fee
$25K Instant P1: -
P1: 5%
P1: 8% (trailing)
80% $0
$1378
one-time fee
$100K 1 Step P1: 9%
P1: 3%
Daily Cap Limit +/-3% (auto-disables account on hit)
P1: 6%
90% $0
$1397
one-time fee
$250K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 8%
P2: 8%
Up to 90% $0
$1998
one-time fee
$200K 2 Steps P1: 6%
P2: 9%
P1: 3%
Daily Cap Limit +/-3%
P2: 3%
Daily Cap Limit +/-3%
P1: 9%
P2: 9%
90% $0
$1999
one-time fee
$250K 1 Step P1: 10%
P1: 5%
P1: 6%
Up to 90% $0
$2497
one-time fee
$50K Instant P1: -
P1: 5%
P1: 8% (trailing)
80% $0
$2497
one-time fee
$200K 1 Step P1: 9%
P1: 3%
Daily Cap Limit +/-3% (auto-disables account on hit)
P1: 6%
90% $0
$2497
one-time fee
$400K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 8%
P2: 8%
Up to 90% $0
$3997
one-time fee
$400K 1 Step P1: 10%
P1: 5%
P1: 6%
Up to 90% $0
$4997
one-time fee
$100K Instant P1: -
P1: 5%
P1: 8% (trailing)
80% $0