Challenge Comparison Tool

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

Instant Funding Instant Funding
Nova Funded Nova Funded
Instant Funding 5.9 Get Started
Nova Funded 5.0 Get Started
Overview
Asset Type CFD CFD
Country United Kingdom United States
Established - Jan 2024
Technology Proprietary White-Label
Platforms cTrader, Match Trader, MT5 Trading View, DXTrade, cTrader, Match Trader
Trading Rules
Profit Split Up to 90% Best Up to 90%
Daily Drawdown Smart Drawdown: -10% initial, adjusts to -5% after 5% gain (IF accounts); Static 8-10% (challenges) 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 Every 7 Days (14-day initial wait)
First payout requires 14 Days 		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
  • Responsive support, Fast payouts & Instant Funding
  • 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
  • Sometimes high Spread
  • 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
10% off all Instant Funding accounts Funding10
No offers

Challenge Details

Instant Funding Challenges

29 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$39
One-Phase Micro 		$10K 1 Step P1: $700 (7%)
 P1: $400 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $700 (7% Static)
 80% None
$39
Two-Phase Micro 		$5K 2 Steps P1: $400 (8%)
P2: $200 (4%)
 P1: $200 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P2: $200 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $500 (10% Static)
P2: $500 (10% Static)
 80% None
$49
Two-Phase Micro 		$10K 2 Steps P1: $800 (8%)
P2: $400 (4%)
 P1: $400 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P2: $400 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $1,000 (10% Static)
P2: $1,000 (10% Static)
 80% None
$49 $5K 1 Step P1: $500 (10%)
 P1: $150 (3% Dynamic)
3% of account value, recalculated daily at 17:00 EST
P1: $400 (8% Static)
 80% None
$63
Two-Phase 		$10K 2 Steps P1: $800 (8%)
P2: $500 (5%)
 P1: $500 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P2: $500 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P1: $1,000 (10% Static)
P2: $1,000 (10% Static)
 80% None
$64
One-Phase Micro 		$25K 1 Step P1: $1,750 (7%)
 P1: $1,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $1,750 (7% Static)
 80% None
$79 $1.25K Instant P1: -
 P1: -
No daily drawdown limit
P1: $125 (10% Static)
 80% None
$94
One-Phase 		$10K 1 Step P1: $1,000 (10%)
 P1: $300 (3% Dynamic)
3% of account value, recalculated daily at 17:00 EST
P1: $800 (8% Static)
 80% None
$104
Two-Phase Micro 		$25K 2 Steps P1: $2,000 (8%)
P2: $1,000 (4%)
 P1: $1,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P2: $1,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $2,500 (10% Static)
P2: $2,500 (10% Static)
 80% None
$114
One-Phase Micro 		$50K 1 Step P1: $3,500 (7%)
 P1: $2,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $3,500 (7% Static)
 80% None
$120 $2.5K Instant P1: -
 P1: -
No daily drawdown limit
P1: $250 (10% Static)
 80% None
$149
Two-Phase 		$25K 2 Steps P1: $2,000 (8%)
P2: $1,250 (5%)
 P1: $1,250 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P2: $1,250 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P1: $2,500 (10% Static)
P2: $2,500 (10% Static)
 80% None
$199
One-Phase 		$25K 1 Step P1: $2,500 (10%)
 P1: $750 (3% Dynamic)
3% of account value, recalculated daily at 17:00 EST
P1: $2,000 (8% Static)
 80% None
$214
Two-Phase Micro 		$50K 2 Steps P1: $4,000 (8%)
P2: $2,000 (4%)
 P1: $2,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P2: $2,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $5,000 (10% Static)
P2: $5,000 (10% Static)
 80% None
$219
One-Phase Micro 		$100K 1 Step P1: $7,000 (7%)
 P1: $4,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $7,000 (7% Static)
 80% None
$225 $5K Instant P1: -
 P1: -
No daily drawdown limit
P1: $500 (10% Static)
 80% None
$254
Two-Phase 		$50K 2 Steps P1: $4,000 (8%)
P2: $2,500 (5%)
 P1: $2,500 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P2: $2,500 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P1: $5,000 (10% Static)
P2: $5,000 (10% Static)
 80% None
$329
One-Phase 		$50K 1 Step P1: $5,000 (10%)
 P1: $1,500 (3% Dynamic)
3% of account value, recalculated daily at 17:00 EST
P1: $4,000 (8% Static)
 80% None
$399
One-Phase Micro 		$200K 1 Step P1: $14,000 (7%)
 P1: $8,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $14,000 (7% Static)
 80% None
$419
Two-Phase Micro 		$100K 2 Steps P1: $8,000 (8%)
P2: $4,000 (4%)
 P1: $4,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P2: $4,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $10,000 (10% Static)
P2: $10,000 (10% Static)
 80% None
$439
Two-Phase 		$100K 2 Steps P1: $8,000 (8%)
P2: $5,000 (5%)
 P1: $5,000 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P2: $5,000 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P1: $10,000 (10% Static)
P2: $10,000 (10% Static)
 80% None
$440 $10K Instant P1: -
 P1: -
No daily drawdown limit
P1: $1,000 (10% Static)
 80% None
$599
One-Phase 		$100K 1 Step P1: $10,000 (10%)
 P1: $3,000 (3% Dynamic)
3% of account value, recalculated daily at 17:00 EST
P1: $8,000 (8% Static)
 80% None
$870 $20K Instant P1: -
 P1: -
No daily drawdown limit
P1: $2,000 (10% Static)
 80% None
$899
Two-Phase Micro 		$200K 2 Steps P1: $16,000 (8%)
P2: $8,000 (4%)
 P1: $8,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P2: $8,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $20,000 (10% Static)
P2: $20,000 (10% Static)
 80% None
$999
Two-Phase 		$200K 2 Steps P1: $16,000 (8%)
P2: $10,000 (5%)
 P1: $10,000 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P2: $10,000 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P1: $20,000 (10% Static)
P2: $20,000 (10% Static)
 80% None
$1199
One-Phase 		$200K 1 Step P1: $20,000 (10%)
 P1: $6,000 (3% Dynamic)
3% of account value, recalculated daily at 17:00 EST
P1: $16,000 (8% Static)
 80% None
$1735 $40K Instant P1: -
 P1: -
No daily drawdown limit
P1: $4,000 (10% Static)
 80% None
$3460 $80K Instant P1: -
 P1: -
No daily drawdown limit
P1: $8,000 (10% Static)
 80% 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% 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
Instant Funding
Visit Instant Funding Full Profile →
Nova Funded
Visit Nova Funded Full Profile →