Terms of use micro trader

Maximum daily loss: Maximum daily loss for the 1-Step program is 4%. This rule can also be called “trader’s daily stop-loss”. The rule says that at any moment of the day (EE(S)T – Eastern European Summer Time), the daily equity decrease must not hit the predetermined limit. The counting formula: Current daily loss = Highest balance or equity of the day - current equity.
Maximum leverage is 1:100. Available leverage depends on the chosen broker.
NOVAFUNDING TRADING Evaluation: TRADING POLICIES
NovaFunding Trading Evaluation(hereinafter referred to as “NovaFunding Evaluation”, “NovaFunding Trading Evaluation,” “Nova Trading Solutions LLC,” “Evaluation,” and/or “we” and/or “our” and/or “us”) is operated under the name Nova Trading Solutions LLC. Nova Trading Solutions LLC is a company registered at 8911 N. Capital of Texas Highway Suite 4200-305, Austin, TX, 78759 . REG NO.:92-1850738. Nova Trading Solutions LLC is a company who evaluates and recommends traders to Evaluator, the third-party Proprietary Trading company and Metaquotes technology provider (hereinafter referred to as “Evaluator” or “Proprietary Trading Company”. All access and/or use of our services is subject to our General Terms and Conditions and these Trading Policies (hereinafter referred to as “Terms of Use” and/or this “Agreement”) in accordance with the terms for. For your benefit and protection, it is mandatory for you take enough time to read and understand this entire Agreement, as well as any other additional information available to you on www.nova-funding.com and the Client Section (hereinafter referred to as “Website”) prior to subscribing to any services with us and before you enroll in the Evaluationor pay any fees.
You must read, agree with and accept all the terms and conditions contained in this Agreement without modifications. Should you not understand any part of this Agreement or any information available on the Website, you should contact us before subscribing to the service and taking part in the Evaluation, or you should seek independent legal advice.