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Challenge Comparison Tool

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

MFA Traders MFA Traders
Nova Funded Nova Funded
Overview
Asset Type CFD CFD
Country Poland United States
Established Mar 2023 Jan 2024
Technology White-Label White-Label
Platforms Trading View, Match Trader, MT4 Trading View, DXTrade, cTrader, Match Trader
Trading Rules
Profit Split 65% (1-phase Beginner), 70% (Instant), 80% 85% 90% (2-phase Standard) Up to 90% Best
Daily Drawdown 3.5% (1-phase Beginner, Instant Core), 4% (2-phase Professional), 5% (2-phase Standard, Instant Prime); recalculated at midnight CET off the previous day's balance 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
Instant account step 3 states: 'You earn and withdraw the profits generated by your work. Quickly, transparently, and without complications - exactly when you want.' The site advertises 'Payment in just 60 min' with the footnote 'only after approval by the risk management team'. No payout cycle, first-payout window or minimum holding period is published anywhere on the site.
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
  • Three routes to a funded account (1-phase Challenge, 2-phase Challenge, and an Instant account with no evaluation); no time limit on Challenge accounts; entry tickets from 29$ on a $1,000 account; a free trial on a $50,000 account; payouts advertised as completed within 60 minutes after risk-team approval; MT4, Match Trade and Trading View; a scaling programme to $2,000,000; an EU-registered operator (My Funding Account P.S.A., KRS 0001023771, Katowice, Poland) with a published address.
  • 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
  • Profit split starts at 65% on the 1-phase Beginner tier (70% Instant, 80% 85% 90% two-phase). News trading is permitted only during the Challenge, not on the funded MFA account. The pricing widget publishes a price for only a fraction of the advertised size/tier combinations. No crawlable FAQ answers, terms or payout-method list: payout frequency, first-payout window, minimum and maximum withdrawal and the refund trigger are all undisclosed. TrustPilot solicits its reviews (4.2/143).
  • 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

MFA Traders Challenges

8 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$29 $1K 1 Step P1: 8%
P1: 3.5%
P1: 10%
65% None
$69 $5K 1 Step P1: 8%
P1: 3.5%
P1: 10%
65% None
$109 $10K 1 Step P1: 8%
P1: 3.5%
P1: 10%
65% None
$191 $20K 1 Step P1: 8%
P1: 3.5%
P1: 10%
65% None
$389 $50K 1 Step P1: 8%
P1: 3.5%
P1: 10%
65% None
$1097 $200K 2 Steps P1: 10%
P2: 5%
P1: 5%
P2: 5%
P1: 10%
P2: 10%
80% 85% 90% None
$2558 $50K Instant P1: -
P1: 3.5%
P1: 7%
70% None
$2814 $50K Instant P1: -
P1: 5%
P1: 10%
70% 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