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Nova Funding

Verified

Nova prop trading

Prop Trading FirmsLondon, GBnovafunding.com
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Reviews (3,418)

AR
Ashley RussellVerified
Oct 15, 2026

Trailing drawdown finally made sense

Finally a prop firm where the risk team explains what you did wrong instead of just closing the account. Challenge pricing at $179 for the 50k felt fair when I compared it against three competitors I had already failed. After five payouts the firm bumped my base split to 85 percent and extended the maximum trading days by 30.

EF
Elizabeth FriedmanVerified
Oct 14, 2026

Scaling plan unclear in practice

Fine firm, nothing special, and after three months I probably could not tell you one thing it does better than competitors.

CP
Caleb Phillips
Oct 14, 2026

Decent, could be sharper

Portal supports two-factor auth but the backup codes system is clunky and I locked myself out for a day during a payout. Instant funding tier at 10k feels thin once you realize the trailing drawdown is 4 percent and the profit target is 8 percent.

RE
Roger Ellis
Oct 15, 2026

Challenge priced like a scam

Scaling plan is marketing fiction; after my second payout they added a six-month holding requirement that was not posted anywhere. Nothing on the funded account matches the sales page, from the stated commissions to the actual time it takes to reach a human.

AS
Aaron SmithVerified
Oct 15, 2026

Risk team actually explains breaches

My EA was approved within one business day after I sent the backtest and the strategy description. Weekend holds on EURUSD swings were honored every single Friday without a surprise closeout email on Monday.

BB
Benjamin BrooksVerified
Oct 12, 2026

Minimum trading days moved up

A pending order on gold was treated as a filled position for drawdown purposes, which is nowhere in the written risk policy. Scaling was frozen without reason even though I had hit the posted targets, and I am still waiting on a response two weeks later. Rules are buried in footnotes and a separate operations manual you can only find linked inside the funded account dashboard.

RC
Ryan ContiVerified
Oct 12, 2026

Scaling plan is marketing fiction

Payout invoice went unanswered for 11 days after I provided the matching business details requested during KYC. After passing the challenge in six days they held my funded account for a 14 day review period that was not disclosed up front.

AY
Andrew Young
Oct 13, 2026

Risk desk responsive but strict

Mixed feelings on the trailing drawdown model since it locks at initial balance only once you hit a 10 percent profit buffer. A reasonable instant funding option at the 25k tier, except the profit target is 10 percent instead of the standard 8 percent on evaluation accounts.

JF
Joseph FisherVerified
Oct 13, 2026

Rules fine, support average

Daily loss resets at midnight server time which is 7pm NY, meaning a bad close can bleed into the next session uncomfortably. Challenge was reasonable until I realized the 10 percent target in phase two includes commissions, not just gross P&L. Decent risk desk but you have to escalate twice to get a senior reviewer, and the junior staff mostly read from a script.

EO
Elise O'Connor
Oct 11, 2026

News trading rules are clear

Reinstated an account that was flagged for a late news trade after I sent timestamps and the risk team agreed. Allowed hedging between correlated futures contracts after a short call explaining what my mean reversion book looks like.

ÉD
Éléonore DumasVerified
Oct 11, 2026

Challenge pricing was fair value

Dashboard flagged my daily loss at 65 percent of the limit, which is a feature not a lecture. Consistency rule capped my best day at 35 percent of total profit and honestly it kept me from blowing up twice.

PV
Pauline VasseurVerified
Oct 10, 2026

Honest spreads during London open

After five payouts the firm bumped my base split to 85 percent and extended the maximum trading days by 30.

BM
Bruno MathieuVerified
Oct 11, 2026

Dashboard showed wrong equity

Phase one is practically unreachable with their spreads on majors, which are 1.3 pips at the London open versus the 0.6 their marketing shows. Payout processor rejected my bank with no explanation and they offered no alternative beyond trying the same bank again next cycle. Risk team was openly hostile over a gold trade on the day of a central bank meeting, even though gold news was not on their calendar.

GJ
Grégoire JacquetVerified
Oct 9, 2026

25k account to 100k

Payout structure of 80 percent base and 90 percent after six requests actually incentivizes staying with them.

IJ
Inger Johansen
Oct 9, 2026

Verification call was painless

Instant funding tier at 10k let me skip the two-phase evaluation and start trading futures the same evening. Firm respects their own posted rules which sounds trivial until you have been burned by one that did not.

AH
Axel HansenVerified
Oct 10, 2026

Weekly payouts land on time

Profit target was hit comfortably with a mean reversion strategy on EURUSD during the New York session. After five payouts the firm bumped my base split to 85 percent and extended the maximum trading days by 30. Clear escalation path on their support page meant my rule breach appeal reached a senior reviewer the same day.

RO
Rune OlsenVerified
Oct 9, 2026

Second attempt finally funded

Scaling from a 25k account to a 100k allocation after three green months felt earned, not promotional. Reasonable minimum trading days of three let me take payouts on actual market weeks instead of forcing filler trades.

LI
Linnéa IsakssonVerified
Oct 8, 2026

Phase one simple, phase two brutal

KYC took five days instead of the advertised 24 hours because they wanted a utility bill I did not have in my own name.

EB
Enzo Boyer
Oct 9, 2026

Platform choice is limited

Spread widening at news releases is sharper than their simulator suggested, which cost me the first phase on a payroll day. Scaling plan is clearly written but requires you to maintain a specific win rate, which is a strange ask for strategies that depend on big winners.

MH
Mathieu Hardy
Oct 8, 2026

Rules documentation is thorough

Rules documentation is a 14-page PDF, not a vibe, and every edge case I asked about was already in there. Reliable execution during Fed days which is honestly the only test that matters for a futures scalper. Profit target was hit comfortably with a mean reversion strategy on EURUSD during the New York session.

RN
Reuben NolanVerified
Oct 6, 2026

Daily drawdown reset at midnight

Risk desk explained that my breach was a stop placed inside the news window and showed me the server timestamp.

SP
Scarlett Pritchard
Oct 6, 2026

Journal integration is useful

Weekend holds on EURUSD swings were honored every single Friday without a surprise closeout email on Monday. After blowing one challenge on an EA I did not fully test, their 30 percent reset discount got me funded on attempt two.

MM
Mason MulliganVerified
Oct 5, 2026

Live feed off from TradingView

Payout denied on a technicality about not having two trading days with at least one trade each inside the payout window.

AC
Alice ClarkeVerified
Oct 5, 2026

Daily loss limit is reasonable

Scaling to 200k came with a letter from the risk team outlining what to avoid in the next cycle.

ER
Edward Richards
Oct 5, 2026

Reasonable minimum trading days

Phase one took four days on their 100k challenge using ES contracts and I kept risk at 0.5 percent per trade. Objective targets on both phases, no mystery metrics, no sudden consistency checks after I had already passed.

RC
Ruby CarrollVerified
Oct 6, 2026

Payout cut without explanation

Payout processor rejected my bank with no explanation and they offered no alternative beyond trying the same bank again next cycle.

FG
Freddie Gibson
Oct 5, 2026

Spreads doubled at every release

News trading violation was never explained beyond a one-line notice; I was in the position 20 minutes before the release. Phase two targets were inflated by a hidden consistency check that calculates on daily P&L rather than cumulative P&L.

FB
Freya BarnesVerified
Oct 4, 2026

Profit split hit 90 percent

Simulated feed on the evaluation account matched my broker's live feed close enough that my setups still worked.

HW
Henry Wood
Oct 4, 2026

Rules buried in footnotes

Fills were missing on my evaluation account for an entire session and the firm said the dropped orders were my local connectivity. Soft breach notice arrived in my inbox after a drawdown touch that my own broker and TradingView never registered on their feeds.

LB
Lily BellVerified
Oct 3, 2026

Profit target hit comfortably

Pro trader discount of 20 percent on the 200k evaluation was honored after I sent two prior payout statements. Three payouts of between $2k and $7k processed without a single clarifying email on my end. Scaled across three accounts of 50k, 100k, and 200k simultaneously with a single consolidated payout statement each month.

GL
George Lynch
Oct 3, 2026

Risk team hostile over gold trade

Spreads doubled at every scheduled release, turning what should have been a 2 pip trade into a 5 pip trade with no recourse. Payout denominated in a stablecoin that the processor cannot actually settle to Coinbase or Kraken, so my funds sat for a week.

IM
Iwan McGregorVerified
Oct 1, 2026

Objective targets, no hidden traps

Scaled from 50k to 200k over four payout cycles and the scaling criteria were spelled out before I started. Payout structure of 80 percent base and 90 percent after six requests actually incentivizes staying with them. Passed the 50k evaluation in six trading days using NQ scalps and the payout landed in my wallet within 48 hours.

JR
Jemima Russell
Oct 1, 2026

Consistency rule used as excuse

Soft breach notice arrived in my inbox after a drawdown touch that my own broker and TradingView never registered on their feeds. Account was closed one week after I passed phase two, with an email saying I had violated an undisclosed internal risk metric.

FW
Fraser WhiteVerified
Oct 1, 2026

Account mirror feature works

Allowed hedging between correlated futures contracts after a short call explaining what my mean reversion book looks like.

NM
Nia Mitchell
Sep 30, 2026

Support chat is bots only

EA was flagged as a prohibited strategy with no warning, despite me having submitted the backtest during the funded onboarding. Profit split was quietly reduced from 90 percent to 80 percent for new payouts and the policy update was only on their blog.

DD
Diarmuid DoyleVerified
Oct 1, 2026

MT5 execution felt institutional

Allowed news trading on majors as long as I was already in the position before the release window. Hit three months of consecutive payouts and the firm sent a 5 percent bump on my split as promised. My EA was approved within one business day after I sent the backtest and the strategy description.

AC
Ailsa CameronVerified
Oct 1, 2026

Risk desk gave useful feedback

Journal integration syncs trades to a Notion template they publish, which saved me a weekend of plumbing.

AH
Aidan Howells
Sep 29, 2026

Fast KYC turnaround

TradingView plug-in syncs orders without the usual two-second delay I had with another firm's bridge.

GJ
Grainne JohnsonVerified
Sep 30, 2026

Finally hit the five-figure withdrawal

Found a firm where the daily loss limit is calculated on closed equity only, which fits a trend-following swing style perfectly. Risk desk emailed me a chart showing exactly where my trailing drawdown stood, which I have not seen anywhere else.

LM
Liam MorganVerified
Sep 30, 2026

Dashboard shows every tick

Spent a week reading the trailing drawdown explanation and once it clicked, risk management actually became simpler. Instant funding tier at 10k let me skip the two-phase evaluation and start trading futures the same evening.

NO
Nuala O'NeillVerified
Sep 27, 2026

Three payouts no issues

Challenge was passable with a conservative swing approach on indices, not just high-frequency scalping. Reliable fills on futures contracts even in the first minute of the cash open, which is where I live or die. Pro trader discount of 20 percent on the 200k evaluation was honored after I sent two prior payout statements.

RC
Rory CampbellVerified
Sep 29, 2026

Hedging allowed without penalty

Hedging between gold and the dollar index on their platform was allowed, which fit my macro-driven approach.

CP
Caoimhe Pugh
Sep 29, 2026

Challenge priced like a scam

Trailing drawdown never stopped trailing even after I hit a 15 percent profit buffer, which is not what the contract page describes. A completely routine daily loss touch on a Wednesday was flagged as a hard breach because of a dashboard sync delay to the risk team. Phase one is practically unreachable with their spreads on majors, which are 1.3 pips at the London open versus the 0.6 their marketing shows.

HD
Harrison DaviesVerified
Sep 26, 2026

Funded after one attempt

Reasonable commission schedule on micro NQ at 50 cents per side meant I could actually scalp the 10 point moves profitably. After two years with another firm I switched over and the first payout here landed quicker than any of their last six. Risk desk sent me a short loom video on why my hedge was flagged and how to structure it next time.

NW
Niamh WardVerified
Sep 28, 2026

Minimum trading days moved up

Trailing drawdown killed my funded account at 2am when an Asian spike hit floating equity for 90 seconds and the dashboard never showed it.

LR
Logan ReidVerified
Sep 25, 2026

Trader portal is actually usable

Firm respects their own posted rules which sounds trivial until you have been burned by one that did not. Dashboard shows every tick of my drawdown live, which killed the anxiety of logging in each morning. Allowed overnight gold holds through CPI week provided I kept size below the news-trading cap, which was clear.

MK
Matilda KeaneVerified
Sep 27, 2026

Slippage ate my profit target

Nothing on the funded account matches the sales page, from the stated commissions to the actual time it takes to reach a human.

SP
Samuel PowellVerified
Sep 24, 2026

Nothing matches the sales page

Support chat is bots only, and getting a human requires emailing a specific inbox that answers in two to five business days.

HS
Hannah Smith
Sep 25, 2026

Evaluation was tough but honest

Risk desk emailed me a chart showing exactly where my trailing drawdown stood, which I have not seen anywhere else.

TT
Theo TurnerVerified
Sep 25, 2026

EA was approved immediately

Reasonable 10 percent profit target on the swing version made the lower drawdown feel like a tradeoff worth taking. Found a firm where the daily loss limit is calculated on closed equity only, which fits a trend-following swing style perfectly. Second attempt finally funded after I slowed down and treated the phase one target as a soft number.