NOVA Pay After You Pass Explained
The Pay After You Pass feature allows traders to start a NOVA evaluation with a VERY low upfront cost and only pay the full activation fee after successfully passing the challenge.
This structure reduces initial risk while preserving access to a funded account upon completion.
How Pay After You Pass Works
1. Initial Entry
To begin a NOVA evaluation:
- Traders pay a one time fee of $7
- Immediate access to the evaluation account is granted
This fee provides full participation under the NOVA challenge rules.
2. Passing the Evaluation
To qualify for funding:
- The profit target must be reached
- All applicable trading rules must be respected
Once the evaluation is successfully completed, the account becomes eligible for activation.
3. Activation Requirement
After passing:
- A one time activation fee must be paid
- Traders have 30 days to complete activation
- Activation unlocks the funded account
Failure to activate within 30 days may result in account expiration.
Activation Fees
| Account Size | Activation Fee |
|---|---|
| $25,000 | $165 |
| $50,000 | $275 |
| $100,000 | $550 |
| $200,000 | $880 |
| $300,000 | $1,247 |
Activation fees are paid only after passing.
What Happens If You Do Not Activate
If the activation fee is not paid within 30 days after passing:
- The evaluation result may expire
- Funded access will not be granted
- A reset or new purchase may be required
Free Resets on Evaluation Accounts
If a trader breaches the NOVA evaluation:
- The account can be reset for free
- Resets are unlimited
- No additional evaluation fee is charged
This applies only during the evaluation stage.
Important Clarifications
- The $7 fee is not the funded account cost
- Passing does not automatically activate the funded account
- Activation payment is mandatory for funding
- Evaluation resets remain free regardless of prior breaches
- Activation fees are one time payments
Why This Model Exists
The Pay After You Pass structure is designed to:
- Lower the barrier to entry
- Reduce upfront trader risk
- Reward successful performance
- Provide flexibility through free resets
Important Notes
- Activation must be completed within 30 days
- Activation fees are non refundable
- Free resets apply only to evaluation accounts
- Funded accounts follow a separate ruleset