![]() Our U.S entity Nova Trading Solutions LLC does not conduct live trading and is simply meant to be an “evaluator”, and opens the door to commission eligible paper trading accounts to traders providing simulated service as data analysts. This trade data is sent off to our offshore entitybeing established ( Nova Prop Ltd.), in which live trading can be legally conducted using advanced risk management techniques. This allows the trader to provide an offering as a “data analyst” to the firm, allowing them to be eligible for commission payouts of 50%, 70%, or 80% while providing such services to us, the numbers will change based on the value of each traders trading data, determined by performance and regular commission payouts. While performance commission is paid to a paper trader during the “experienced trader” stage, the trade data of experienced traders can be monetized and utilized for further benefit by copy trading the data into the firms very own fund. When a trader reaches the “experienced trader” stage, they are trading a simulated/demo stage in which they are rewarded commissions for, in exchange for positive performance during this level of the program aligned with the program rules. Traders that sign up for traditional forex prop firms are not provided with real capital in their MT4/MT5 accounts. ![]() Traditional prop firms within the forex industry operate under a different model than standard proprietary funding firms that you would typically encounter on Wall Street. This is a category that we strive to be transparent on here at Nova Funding, and the short answer is no.
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