NOVA Account Overview
The NOVA Account is a 1 Step evaluation plan designed for traders who want low entry cost, simple targets, and a pay after you pass model.
CAN BE PURCHASED THROUGH https://www.toponetrader.com/nova
Traders gain immediate access to the evaluation for a small upfront fee and only pay the activation cost after successfully passing.
How the NOVA Model Works
Initial Cost
One time starting fee of $7.
Immediate access to the challenge
After Passing
Pay a one time activation fee (full details below)
Unlock funded account access
Activation Window
Traders have 30 days after passing to complete activation
NOVA Ruleset Overview
Rule | Evaluation (1 Step) | Funded |
Initial Fee | $7 | Activation Fee (full breakdown below) |
Profit Target | 6% | None |
Max Drawdown | 6% trailing + lock at starting balance | 5% trailing + lock at starting balance |
Max Drawdown Type | Trailing | Trailing |
Daily Loss Limit | 3% | 3% |
Time Limit | None | None |
Profit Split | Not applicable | 90% (upgrade to 100%) |
ESS Target | None | 20% ESS |
Payout Frequency | Not applicable | Bi weekly (upgrade to weekly) |
Stop Loss | Mandatory (removed with add-on) | Mandatory (removed with add-on) |
Leverage | FX 50:1, Metals 10:1, Indices 10:1, Crypto 2:1 | FX 30:1, Metals 5:1, Indices 5:1, Crypto 1:1 |
Resets | Unlimited FREE resets | Discounted FEE |
Inactivity Limit | 30 days | 30 days |
Platforms | TradeLocker (US/Canada), MT5 (International) | TradeLocker (US/Canada), MT5 (International) |
Activation Fees (One Time Payment)
Activation is required after passing the evaluation.
Account Size | Activation Fee |
$25,000 | $149 |
$50,000 | $249 |
$100,000 | $499 |
$200,000 | $799 |
Key Rule Explanations
1 Step Evaluation
NOVA accounts require passing only one evaluation phase.
Initial Entry Fee
A one time payment of $7 grants full access to the challenge.
Profit Target
Traders must achieve a 6% profit target based on starting balance.
Trailing Drawdown (Evaluation)
A 6% trailing drawdown applies and trails equity until reaching the starting balance, where it locks.
Daily Loss Limit
A fixed 3% daily loss limit protects the account.
Unlimited Free Resets
If the evaluation account is breached:
The trader may reset the account
Resets are free of charge on the challenge phase
Challenge resets are unlimited
Activation After Passing
After passing the evaluation:
Traders must pay the activation fee
Activation must be completed within 30 days
Profit Split (Funded)
Funded NOVA accounts operate with a 90% profit split, with optional upgrade to 100%.
Funded Drawdown (LUP Model)
Funded accounts use a 5% trailing drawdown under the Lock Upon Payout model.
Consistency Rule (ESS)
A 20% ESS score applies on funded accounts.
Stop Loss Requirement
All accounts require an active stop loss. (this requirement can be removed with an add-on)
Platforms
US / Canada: TradeLocker only
International: MT5 only
Inactivity Rule
Accounts inactive for 30 consecutive days may be closed.
Important Notes
NOVA is a 1 Step plan
Entry cost is $7
Activation payment required after passing
30 day activation deadline
Evaluation breaches may be reset for free
Unlimited resets apply only to evaluation