Terms of use micro trader


parties or any other NovaFunding Accounts without NovaFunding approval



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parties or any other NovaFunding Accounts without NovaFunding approval.
3.2.3 News event trading: News event trading is allowed in NovaFunding Trading Evaluation (Phase 1) and during The
Funded Phase (Phase 2). Economic events can be found in the Client Section under the menu link “Economic
Calendar”. Please remember, high impact news can affect instruments that are not directly correlated to the country
releasing its economic data. The use of delayed data feed, tick scalping, or any form of risk-free profit during the
funded stage is not allowed. There are no restrictions during the evaluation at this moment, attempting to use any form
of risk-free profit on the funded stage is strictly prohibited.
3.2.4 Responsible and consistent strategy: Your trading strategy must be responsible and consistent during the whole
trading period. Your trading must demonstrate that your strategy works in the long term and is not based on pure luck.
If the Trader places an unusually large number of orders for the Services within an unreasonably short period of time
or places unusually large or small orders compared to previous trades, it will be considered as harmful or gambling
behavior of the Customer. In such cases, the Provider reserves the right to suspend any further orders of the Services
by the Customer and has the right to terminate Trader’s account. If we identify that the unusual behavior as per this
paragraph relates to the Customer's involvement in Forbidden Trading Practices, we may take respective actions as
perceived in Section 5 of General Terms and Conditions (https://nova-funding.com/legal). The Risk Assesment team
reserves the right to determine, at its own discretion, the nature of the behavior described above and reasonable
boundaries for such determination.
3.2.5 Grid Trading EA's, Martingale EA's, and Guaranteed Limit Order Fills are all strictly prohibited during the funded
trading stage. Each trader can find more information, including examples and a full explanation, in our Frequently
Asked Questions page under "Prohibited Trading Styles Explained"
3.2.6 Weekend trade holding during the funded stage is not allowed for our 1-Step program unless previously
approved by the risk team. A trader can request to hold through the weekend on Fridays only through the live chat
option before market close. 
Per trader payout, funded traders must engage in 5 minimum trading days throughout each trading period. A trading
period is indentified as the point where a trader takes their first trade, into the time of payout. 
3.2.7 The participation of 3rd party funded account management services is strictly prohibited and can result in a
termination of this agreement as well as the funded account. The trader should not make public their MT4 login or
password through sharing this data with anyone. The trader will not allow 3rd party services to conduct any trading on
accounts on their behalf. 



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