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Challenge Comparison Tool

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

Nova Funded Nova Funded
The Concept Trading The Concept Trading
Overview
Asset Type CFD CFD
Country United States Australia
Established Jan 2024 Aug 2021
Technology White-Label White-Label
Platforms Trading View, DXTrade, cTrader, Match Trader Trading View
Trading Rules
Profit Split Up to 90% Best 50-90% (tiered, up to 90% with 90% Lock Rule)
Daily Drawdown 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. None (static drawdown only — 3% Xtreme, 4% Traditional, 5% Premier, 6% Foundation, 10% Empire)
Payout Frequency 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.
Weekly
1 payout per calendar month per account per Terms cl. 12.17; weekly payout cadence advertised on homepage. 90% Lock Rule lets traders lock account and receive 90% of profits from that point.
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
  • 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.
  • 1-step evaluation across most programs, Instant Funding option, static drawdown (no daily drawdown limit), no time limits, scale up to $50M, trade any style (scalping/swing/EA allowed), 1:200 leverage on most tiers, weekly payouts, Pro spreads with commission model, up to 3 accounts, 90% Lock Rule
Main Drawbacks
  • 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.
  • Tiered profit split starts at 50% and scales to 90% (only at Max Equity), only 1 payout per calendar month per Terms cl. 12.17, 6-week inactivity termination rule, Xtreme tier has only 1:30 leverage, AUD-denominated checkout
Offers & Promo Codes
Active Offers No offers No offers

Challenge Details

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% None
$49
one-time fee
$5K 1 Step P1: 10%
P1: 5%
P1: 6%
Up to 90% None
$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% None
$69
one-time fee
$10K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 8%
P2: 8%
Up to 90% None
$69
one-time fee
$5K 1 Step P1: 9%
P1: 3%
Daily Cap Limit +/-3% (auto-disables account on hit)
P1: 6%
90% None
$98
one-time fee
$10K 1 Step P1: 10%
P1: 5%
P1: 6%
Up to 90% None
$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% None
$137
one-time fee
$10K 1 Step P1: 9%
P1: 3%
Daily Cap Limit +/-3% (auto-disables account on hit)
P1: 6%
90% None
$148
one-time fee
$25K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 8%
P2: 8%
Up to 90% None
$198
one-time fee
$25K 1 Step P1: 10%
P1: 5%
P1: 6%
Up to 90% None
$249
one-time fee
$5K Instant P1: -
P1: 5%
P1: 8% (trailing)
80% None
$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% None
$297
one-time fee
$50K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 8%
P2: 8%
Up to 90% None
$337
one-time fee
$25K 1 Step P1: 9%
P1: 3%
Daily Cap Limit +/-3% (auto-disables account on hit)
P1: 6%
90% None
$397
one-time fee
$50K 1 Step P1: 10%
P1: 5%
P1: 6%
Up to 90% None
$497
one-time fee
$10K Instant P1: -
P1: 5%
P1: 8% (trailing)
80% None
$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% None
$597
one-time fee
$100K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 8%
P2: 8%
Up to 90% None
$679
one-time fee
$50K 1 Step P1: 9%
P1: 3%
Daily Cap Limit +/-3% (auto-disables account on hit)
P1: 6%
90% None
$797
one-time fee
$100K 1 Step P1: 10%
P1: 5%
P1: 6%
Up to 90% None
$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% None
$1249
one-time fee
$25K Instant P1: -
P1: 5%
P1: 8% (trailing)
80% None
$1378
one-time fee
$100K 1 Step P1: 9%
P1: 3%
Daily Cap Limit +/-3% (auto-disables account on hit)
P1: 6%
90% None
$1397
one-time fee
$250K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 8%
P2: 8%
Up to 90% None
$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% None
$1999
one-time fee
$250K 1 Step P1: 10%
P1: 5%
P1: 6%
Up to 90% None
$2497
one-time fee
$50K Instant P1: -
P1: 5%
P1: 8% (trailing)
80% None
$2497
one-time fee
$200K 1 Step P1: 9%
P1: 3%
Daily Cap Limit +/-3% (auto-disables account on hit)
P1: 6%
90% None
$2497
one-time fee
$400K 2 Steps P1: 8%
P2: 5%
P1: 5%
P2: 5%
P1: 8%
P2: 8%
Up to 90% None
$3997
one-time fee
$400K 1 Step P1: 10%
P1: 5%
P1: 6%
Up to 90% None
$4997
one-time fee
$100K Instant P1: -
P1: 5%
P1: 8% (trailing)
80% None

The Concept Trading Challenges

4 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$297
AUD
$3K 1 Step P1: 7%
P1: -
None (static drawdown only)
P1: 5% static
50% (scales to 90% at Max Equity) None
$497
AUD
$5K 1 Step P1: 7%
P1: -
None (static drawdown only)
P1: 5% static
50% (scales to 90% at Max Equity) None
$997
AUD
$10K 1 Step P1: 7%
P1: -
None (static drawdown only)
P1: 5% static
50% (scales to 90% at Max Equity) None
$2497
AUD
$25K 1 Step P1: 7%
P1: -
None (static drawdown only)
P1: 5% static
50% (scales to 90% at Max Equity) None