Our Capital, Your Profits
Be Part of the Novus Trading Team
We invest in your career giving you all the capital and tools needed to succeed and pay you up to 90% of the profits with no down side to you.
- Simple and Fast, Only 1 Step Funding.
- No Hidden Rules With Unlimited Potential.
- Start your Trading Career Today!
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Trade in any of our 300+ instruments from the most famous markets in the world.
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Why Choose Novus
How Novus Works
Novustrader gives clients the ability to take part in an N Challenge program and prove their trading skills in an environment that poses no risks to them. After passing the evaluation, eligible traders are allowed to receive a profit split on the profits generated in their Funded Account, subject to compliance with our Terms of Use and the Customer Agreement.
With over 20 years extensive experience in the markets and our passion for trading led us to putting into practice our vision that everyone can be a global online trader.
Our Mission
Our company’s mission is to give the opportunity to ordinary people to become successful traders and help professional traders maximize their profits.
History has proven to us that no one should be left out and as a result today we have in our team a diverse pool of skilled traders.
For this reason we have developed the right opportunity from each type of trader.
From novice to expert. From small and conservative to large and aggressive.
novus
[noh-vus]
Our name derives from Latin word “novus” which means something new, modern and novel and it represents our vision, to provide the opportunity to people all around the world to become the traders of tomorrow, using enhanced trading infrastructure, with industry lowest fees, always in line with our passion for serving our clients’ best interests.
Challenge
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1Select your account level
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2Trade smart and prove yourself
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3Get Funded
The most popular retail trading platforms
We provide you with the platform of choice of traders worldwide.
You can trade from the comfort of your home or on the go. Anytime, anyplace.
In collaboration with Eightcap we provide the best trading platform, known worldwide for its robustness and accessibility to all world markets.
Due to the flexibility of our platform, during the N Challenge phase you will have access to the real market conditions and trade as if you were already on the funded account.
FAQ
• 5% Daily Loss Limit (hard breach).
• 6% Max Trailing Drawdown (hard breach).
• Must place a trade once every 30 days (hard breach).
• Stop-loss required for each trade (soft breach) unless you have purchased the extra add-on to bypass this rule.
• Flat for the weekend – all positions closed on Friday at 3:45PM EST (soft breach) unless you have purchased the extra add-on to bypass this rule.
• Maximum open positions (in lots) must not exceed 1/10000th the size of the N Challenge account (soft breach). For example, a $100k account can have up to 10 lots open with risk and 1:10 leverage. In case of higher leverage this changes accordingly.
• Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your N Challenge or Funded account.
• Hard breach means that you violated either the Daily Loss Limit or Max Trailing Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the N Challenge or have your Funded account taken away.
• Daily Loss Limit is calculated based on the previous day’s end of day (5pm EST) balance.
• Example: If your prior day’s end of day balance was $1,000,000 you would breach the Daily Loss Limit of 5% should your equity the next day fall to $950,000.
• Maximum Trailing drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Max Trailing Drawdown is set at 6% of your starting balance. This 6% trails your closed trading balance until you reach 6% profits in your account.
• Once you have achieved 6% in your account the max trailing locks in at your starting balance, and no longer trails your account.
• Example: If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum Trailing Drawdown rule. Then for example let's say you take your account to $102,000 in closed balance. This is your new high-water mark, which would mean your new Maximum Trailing Drawdown would be $96,000. Next, let's say you take your account to $110,000 in closed balance, which would be your new high-water mark. At this point your Maximum Trailing Drawdown would be locked in at your starting balance of $100,000. So, regardless of how high your account goes, you would only breach this rule if your account drew back down to $100,000 (note, you can still violate the Daily Loss Limit). For example, if you take your account to $170,000, as long as you do not drawdown more than 5% in any given day, you would only breach if your account equity reaches $100,000.
In line with sound risk management practices, we require a stop loss on every trade. If you fail to place a stop loss at the time of placing the trade/order, we will close the trade. This is only soft breach rule, so you can continue trading in your account.
*You can purchase an extra add-on to your trading account that bypasses this stop loss rule.
We require all trades to be closed by 3:45pm EST on Friday. Any trades left open after this time will automatically be closed. Note, this is only a soft breach and you will be able to continue trading once the markets reopen.
*You can purchase an extra add-on to your trading account that bypasses this weekend rule.
• Forex - 1 lot = $100k notional
• Index - 1 lot = 10 Contracts
• Cryptos - 1 lot = 1 coin
• Stocks - 1 lot = 100 shares
• Silver - 1 lot = 5000 ounces
• Gold - 1 lot = 100 ounces
• Oil - 1 lot = 1000 barrels
Below are the maximum open lots across all pairs that a trader can have at any given time. These are based on 1:10 leverage and vary according to the chosen leverage.
• $5K - 0.5 lot with risk
• $10K - 1 lot with risk
• $25K - 2.5 lots with risk
• $50K - 5 lots with risk
• $100K - 10 lots with risk
• $250K - 25 lots with risk
• $500K - 50 lots with risk
For example, if you are in the $100k plan you will have 10 open lots with risk available.
If you buy 5 lots of EURUSD at 1.20 and your stop loss is at 1.18, you will have 5 lots on with risk, so you would have 5 still available. If the EURUSD moves up to 1.25, and you update your stop loss to be at 1.20, which would be your open price, you no longer have risk on that trade. So, you would again have 10 lots available, even though you currently have 5 lots open.
If you put on too many trades with risk, then our system will liquidate all trades that currently have risk.
Please note, margin and leverage requirements still apply. So, even though these are the maximum lots that can be traded, it is possible based on the leverage of the account that you may not be able to trade up the maximum.
Yes. If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your account will be breached.
Note: Double Leverage only applies to Forex and Metals
- Hold Over the Weekend (+10% on Fee)
- Double Leverage (up to 1:50) (+25% on Fee)
- Stop Loss Not Required (+10% on Fee)
- 90% Profit Share (+20% on Fee)