Terms of use micro trader
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- NovaFunding Trader Program and Trader commissions (Phase 2).
Term of The Agreement.
NovaFunding Trader Program and Trader commissions (Phase 2). If the Customer is successful in the Evaluation phase, the trader will be recommended to the NovaFunding Funded Trader Program, the proprietary trading platform operated by Evaluator and may be offered a contract by this thirdparty company. To get accepted to the NovaFunding Trader Program the trader must open an account with Evaluator, provide required KYC documentation and sign an agreement with a company. If the trader will be accepted to the program, the trader can start trading at the same initial capital account size as the trader was trading in the Trading Evaluation. The trader can also start earning performance commissions according to the agreement signed with the Proprietary Trading Company. All Traders are compensated on a profit split basis only. Trader performance commission depends on the chosen program, risk level and phase. The trader may request withdrawal anytime when his/her account balance on Evaluator is positive. Payments will be made by DEEL, Cryptocurrency, or any other payment methods available with Evaluator. Alternative payment methods may be available, however the trader must ensure that bank transfers related to FX are receivable by the institution and its regulators in the traders geographic location. Evaluator will not be responsible for failure to deliver a payout due to adverse regulatory directives or rejection in any country or region. Nor will payment be re-sent in the event of rejection of transfer by the receiving foreign institution. The receiver may be charged by the payment system.
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