Terms of use micro trader


It is important that the trader should not press "Close period" on the dashboard unless the trader has



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It is important that the trader should not press "Close period" on the dashboard unless the trader has
confirmed that the minimum calendar days have been passed and all parameters/requirements listed in
this agreement has been followed. Nova Funding will review the payout and update the trader with the
status as needed. For example, once the 5 minimum trading days have been taken, the trader will see the
"Close Period" option on their dashboard. A trader must not press this button unless the minimum
calendar days of 21 days have been met based on the individual traders current schedule. If a trader has
scaled into bi-weekly, then they must wait 14 calendar days before pressing the close period button.
Please only navigate to the "Close Period" button once all calendar days and parameters have been met. 


Payouts are sent to the trader within 24-72 business hours. Please note that processing times for Bank Wire
Transfers are different depending on each bank and is seperate from the 24-72hr timeframe. When a traders
payout is sent, the trader will recieve a confirmation email from Nova Funding. If for any reason a trader must
undergo extended review, the trader will recieve their payout in 9 business days. Nova Funding reserves the right
to put any trader payout through extended review when required. 
THE TRADING EVALUATION(PHASE 1) - DETAILED EXPLANATION OF TRADING
OBJECTIVES
Trading period: Trading period starts any time you will open your position and it will end after 365 calendar days. The
365 day threshold is set in place so that inactive accounts dont hold space on the servers. If for any reason you begin
to approach the 365 day mark while still respecting all challenge parameters and not being eligible for a payout at the
specific time, you may request for an extension and continue your trading. You are eligible for unlimited extensions as
the evaluation stage as well as funded stage has no true time limit. 

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