3.8
(2)
Nova Funded Forex & CFD 2-Step - $400K
The challenge
| Phase | Profit target | Max daily loss | Max drawdown |
|---|---|---|---|
| Phase 1 | 8% | 5% | 8% |
| Phase 2 | 5% | 5% | 8% |
Nova Funded Forex & CFD 2-Step $400K - Phase 1 8% target, Phase 2 5% target, 5% daily loss, 8% max drawdown (static), 1:50 leverage, 30-day inactivity
Payout rules
min_withdrawal is the greater of $100 or 1% of the account's starting balance per novafunded.com/faq; larger accounts may have a higher effective minimum not captured as a single number. processing_time, max_withdrawal, and payout_methods are not stated on the site and are left not_published rather than guessed.
Trading rules
Nova Funded runs 4 distinct product lines (Forex & CFD, Crypto, Instant Funding, Funded Futures) whose FAQ/Terms pages give materially different answers for weekend/overnight holding, EA/automation use, consistency rules, and drawdown type (static vs trailing). These fields are left null and listed in not_published rather than collapsed into one firm-wide value, since no single answer would be accurate across all product lines. See per-challenge 'rewards' and 'phases' fields for the concrete per-product/per-account values that ARE verified (e.g. Instant Funding phases show max_total_drawdown '8% (trailing)' while Forex & CFD phases show static max_total_drawdown percentages).