NOVA Leverage levels
Leverage defines the maximum position size a trader can open relative to their account balance.
The NOVA account uses different leverage settings during the Evaluation stage and the Funded stage to reflect risk exposure at each level.
Leverage During Evaluation
The following leverage applies during the NOVA 1 Step Evaluation.
| Asset Class | Leverage |
|---|---|
| FX | 100:1 |
| Indices | 20:1 |
| Metals | 20:1 |
| Cryptocurrencies | 4:1 |
Higher leverage is available during evaluation to allow flexibility while trading toward the 5% profit target.
Leverage on Funded Accounts
Once activated and funded, leverage is reduced to reflect live risk conditions and capital protection.
| Asset Class | Leverage |
|---|---|
| FX | 30:1 |
| Indices | 5:1 |
| Metals | 3:1 |
| Cryptocurrencies | 1:1 |
Reduced leverage helps promote long term account stability and disciplined risk management.
Key Differences Between Evaluation and Funded
| Stage | FX | Indices | Metals | Crypto |
|---|---|---|---|---|
| Evaluation | 100:1 | 20:1 | 20:1 | 4:1 |
| Funded | 30:1 | 5:1 | 3:1 | 1:1 |
Important Notes
Important Notes
- Leverage limits are enforced by the trading platform
- Orders exceeding allowed leverage may be rejected
- Positions may be automatically adjusted if limits are exceeded
- Leverage does not override Daily Loss Limit or Max Drawdown rules
- All leverage rules apply across supported platforms
- Platform availability is region dependent