Terms of use micro trader

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NOVAFUNDING TRADING Evaluation
TERMS OF USE - MICRO TRADER
ACCOUNT 133069 DETAILS:
Program type:
MICRO TRADER Funded Account
Program phase:
Phase 2: Funded Trader
Initial capital:
$50,000
Strategy/risk level:
Normal
Bonus option:
Brokerage:
Foreign Exchange Clearing House
Available trading instruments: Everything the broker is offering
Trading platform:
Metatrader4
Trading period starts:
Anytime within 30 days from application
Trading period ends:
After 365 days from opening the first position
Time Zone:
Eastern European (Summer) Time
 
NOVAFUNDING FUNDED TRADER (PHASE 2):
PHASE 3:
TRADER
STRATEGY:
NORMAL
Trading period
365 Days (Reset With
Each Payout-No Time
Limit)
Minimum trading
days
5 Trading Days
Maximum loss:
8% 
- Max. daily loss
4% 
Profit target:
N/A During Funded
Stage 
News event
trading:
Allowed
Closing all open
positions:
Required before
payout request

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PERFORMANCE
COMMISSION:
Profit Split 1: 50% of
total profits (6% Profit
Maximum - HFT
Passers Only)
Profit Split 2: 70% of
total profits (6% Profit
Maximum - HFT
Passers Only)
Profit Split 3+: 80% of
total profits (6% Profit
Maximum Per Payout-
HFT Passers Only)
The trader will receive access to the NovaFunding Funded Trader Program account (Phase 2) within 72hr after the
NovaFunding Funded Trader agreement has been signed. 
NovaFunding Funded Trader Program trading periods start when trader has placed his/her first order.
The trader is able to request the payout + account review via Client Area "Close Period" button after the minimum
trading period has been completed, any rules or general terms and conditions haven’t been violated, after the
trader has closed all open positions, and all parameters are met.
If the Trader has met the conditions of the NovaFunding Trader Program, the Provider will evaluate the trading
period as successful and make a new trading period account available within 3-5 business days from the
account review.
The trader receives a performance commission of total profits made after the trading period has been completed
and reviewed. The performance commission will be made available to the Trader’s account on Evaluator and is
withdrawable anytime with as long as the trading period has been met. The current payout methods are Bank Wire
Transfer and Cryptocurrency.
The trader will receive a new NovaFunding Funded Trader account after every period of trading as long as the
trader hasn’t reached loss limits or violated any other rules or objectives or general terms and conditions. If you are
not in profit at the end of your trading period but you didn't violate any rules then you continue with your current
account balance and trade until eligible. 
Payout 1: 21 Calendar days from first live trade
Payout 2: 21 Calendar days from first live trade
Payout 3 & Following Eligible Payouts: 14 Calendar days from first live trade