Now Trade Funded, where your trading ambitions can take flight with the backing of a robust funding platform. Whether you're an aspiring trader eager to test your mettle or a seasoned professional looking to expand your horizons, Now Trade Funded offers a unique opportunity to trade a diverse range of assets, including over 40 major and minor Forex pairs, metals like gold and silver, and global stock indices. With a structured evaluation process designed to hone your skills and a profit-sharing model that allows you to retain up to 80% of the profits, this program is tailored to help you conquer trading challenges and unlock your full potential.
🦊 Now Trade Funded Overview
Now Trade Funded is a proprietary trading firm that offers traders the opportunity to access significant capital and earn profits through their trading performance. The company provides a range of account sizes from 5K to 200K, with traders able to retain up to 80% of the profits generated. Now Trade Funded utilizes blockchain technology through NowMeta IO to ensure data integrity and proof of work. The firm supports popular trading platforms like MetaTrader 4 and MetaTrader 5, offering a diverse range of assets including Forex pairs, metals, indices, and oil.
Trading Platforms
Now Trade Funded is a proprietary trading firm that offers traders the opportunity to access significant capital and earn profits through their trading performance. Now Trade Funded utilizes blockchain technology through NowMeta IO to ensure data integrity and proof of work.
Now Trade Funded supports the following trading platforms:
These widely used platforms offer a range of features for technical analysis, automated trading, and order execution. Traders familiar with the MetaTrader ecosystem should find it easy to adapt to Now Trade Funded's offerings.
Now Trade Funded Account Types
Now Trade Funded offers two main types of challenges for traders seeking to access funded accounts: the Standard Challenge and the Quick Pass Challenge.
The Standard Challenge is a two-phase evaluation process, where traders must meet specific profit targets while adhering to strict risk management rules. In Phase 1, traders aim for a 10% profit target, while Phase 2 requires a 7% profit target.
The Quick Pass Challenge, on the other hand, is a single-phase evaluation with a 1.5% profit target that must be achieved within one day. Both challenges maintain consistent risk parameters across all account sizes, including a maximum daily drawdown of 5% and a maximum total drawdown of 10%. Now Trade Funded provides these challenges for account sizes ranging from 5K to 200K, with the cost per attempt increasing proportionally to the account size.
Feature | Standard Challenge | Quick Pass Challenge |
---|---|---|
Account Sizes | 5K, 15K, 25K, 50K, 100K, 200K | 5K, 15K, 25K, 50K, 100K, 200K |
Phase 1 Profit Target | 10% | 1.5% |
Phase 2 Profit Target | 7% | – |
One-Day Profit Target | – | 1.5% |
Max Daily Drawdown | 5% | 5% |
Max Total Drawdown | 10% | 10% |
Leverage | 1:50 | 1:50 |
Profit Share | 80% | 80% |
Cost (5K account) | $25/Attempt | $25/Attempt |
Cost (200K account) | $900/Attempt | $900/Attempt |
Payout Structure
Now Trade Funded offers a competitive payout and profit model for successful traders. Upon passing the evaluation stages, traders can retain up to 80% of the profits generated in their funded accounts. The company provides bi-weekly payouts, allowing traders to access their earnings regularly.
However, it's important to note that traders must maintain a positive balance at the end of each 30-day trading period to be eligible for withdrawals. For the initial payout, traders need to complete a full 30-day cycle before requesting a withdrawal.
After this initial period, bi-weekly payouts become available, giving traders more frequent access to their profits. This model encourages consistent performance while providing traders with the opportunity to earn substantial rewards for their trading skills.
Now Trade Funded Asset Classes
Now Trade Funded offers traders access to a diverse range of asset classes, providing ample opportunities for portfolio diversification and trading strategies.
The company's asset offerings include over 40 major and minor Forex pairs, allowing traders to capitalize on currency market fluctuations. Additionally, traders can engage in metals trading, specifically Gold and Silver, which are known for their liquidity and potential as safe-haven assets.
Now Trade Funded also provides access to global stock indices, enabling traders to gain exposure to broader market movements across different regions. Lastly, the platform offers oil trading.
Asset Class | Details |
---|---|
Forex | Over 40 major and minor currency pairs |
Metals | Gold and Silver |
Indices | Global stock indices |
Oil | Brent and WTI crude oil |
Commonly Asked Questions
What is the evaluation process like?
Now Trade Funded has a two-stage evaluation process: an Evaluation Stage where traders choose their tier and follow risk management rules, and a Funded Stage where successful traders can use the company's simulated funds.
What is the profit split for funded traders?
Funded traders can retain up to 80% of the profits generated.
What are the account sizes available?
Now Trade Funded offers account sizes ranging from 5K to 200K.
What are the profit targets for the challenges?
The profit targets vary depending on the challenge type. For the two-phase challenge, Phase 1 has a 10% profit target, while Phase 2 has a 7% target.
What are the maximum drawdown limits?
The maximum daily drawdown is 5%, and the maximum total drawdown is 10% for all account sizes.
What is the leverage offered?
Now Trade Funded offers leverage of 1:50 across all account sizes.
Does Now Trade Funded allow the use of Expert Advisors (EAs)?
Yes, now Trade Funded allows the use of Expert Advisors (EAs) to address their challenges.
What technology does Now Trade Funded use?
Now Trade Funded utilizes blockchain data and backup systems through NowMeta IO to ensure lossless data and proof of work.
🦊 Final Say
Now Trade Funded appears to have significant issues that traders should be aware of before considering their services. Multiple users report problems with the company manipulating trades, closing positions without reason, and failing to pay out profits. There are also complaints about poor customer support, account terminations after requesting payouts, and the possibility of the firm having financial difficulties. While the low cost of their challenges may be tempting, the numerous negative experiences suggest it is likely not worth the risk. Traders should carefully research and consider more reputable prop trading firms with proven track records to protect their time and capital.