Atmos Funded Nova Challenge $10,000 Review – Rules, Drawdown & Payout | PropTradingArea
Difficulty Meter Free sign up to unlock
DIFFICULTY METER
3.5 / 10
Easy
OVERALL PASS RATE Free sign up to unlock
OVERALL PASS RATE
22.9 %
Average

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Atmos Funded

Nova Challenge

1-Step Challenge Trailing Drawdown
Account Size $10,000
Price $79

Targets & Drawdowns

Profit Target Step 1 5.0%
Daily Drawdown 4.0%
Max Drawdown 8.0%
Drawdown Type Trailing

Rules

Time Limit Unlimited
Profit Split 80%
Payout Frequency On-demand

Additional Rules

Pay-first, fund-later model: The Nova Challenge entry fee is just $5, giving traders access to the evaluation phase at the lowest barrier to entry in the Atmos Funded lineup. Upon successfully passing the challenge, a one-time activation fee is required to unlock the funded account. On a $10,000 account, this activation fee is $79. Traders who pass but do not pay the activation fee within the specified window lose access to the funded account.
Single-phase evaluation: Traders must reach a 5% profit target in one phase to advance to the funded account stage. On a $10,000 account, this means generating $500 in closed profits while respecting all risk rules throughout the challenge.
No minimum trading days in evaluation: Unlike all other Atmos Funded challenge models, the Nova has no minimum trading day requirement during the evaluation phase. Traders can complete the challenge in as few sessions as needed, as long as the 5% target is met and drawdown rules are respected.
Minimum profitable days in funded stage: Once the funded account is activated, at least 7 profitable trading days must be completed before each payout. A day qualifies as profitable when closed trades generate at least 0.5% of the initial account balance, meaning at least $50 profit per qualifying day on a $10,000 account. This is significantly higher than the 3-day requirement on all other Atmos Funded models.
Daily loss limit of 4% static: On a $10,000 account, the maximum daily loss is $400. The limit is calculated based on the highest value between account balance and equity, and remains fixed at 4% of the initial balance throughout the evaluation and funded stage.
Maximum drawdown of 8% static: The total loss limit is fixed at 8% of the initial account balance throughout the evaluation and funded stage. On a $10,000 account, the absolute floor is $9,200. Both limits are static and do not trail equity.
On-demand payouts in funded stage: Once the 7 minimum profitable days are completed, payouts can be requested at any time with no waiting period. Minimum withdrawal is $100.
Leverage: 1:50 for Forex, 1:15 for Metals and Energies, 1:10 for Indices, and 1:2 for Crypto, consistent with all other Atmos Funded models.
Profit split: 80% by default, with a 90% split available as an add-on at checkout.
News trading in evaluation: Permitted without restrictions during the evaluation phase.
News trading in funded stage: Opening or closing trades within 2 minutes before or after a high-impact news event is not permitted. Profits removed, no breach triggered.
EAs and scalping permitted. HFT, latency arbitrage, tick scalping, and all-in sizing prohibited.
Weekend and overnight holding: Permitted with no restrictions.
Copy trading: Only between own Atmos Funded accounts.
Inactivity rule: 90 consecutive days of no trading results in automatic account closure.
No consistency rule: The Nova Challenge does not impose any single-day profit cap in the evaluation or funded stage.
Activation fee risk: A trader who passes the challenge evaluation but fails to pay the activation fee loses the funded account opportunity despite having met all challenge requirements. The $5 entry fee is not refunded if the challenge is not passed, and the activation fee is only due upon passing.
5% target with no minimum days is a double-edged sword: The ability to complete the Nova evaluation in a single session is attractive but removes the discipline structure of required trading days. Traders who rush to complete the challenge in one session may take on disproportionate risk to meet the target quickly, increasing breach probability.
7 minimum profitable days in funded is the highest requirement at Atmos: At 7 qualifying days per payout cycle versus 3 on all other models, Nova funded traders must be active and consistently profitable for significantly longer before each withdrawal. Low-frequency or selective traders may find the bi-weekly payout cycle out of reach within a standard 14-day window.
8% static drawdown is larger than the Standard and Plus models: With $800 of total drawdown on a $10,000 account, the Nova provides more total buffer than the Plus model (6% = $600) and similar to the Standard (10% = $1,000 but trailing vs static). The static nature of the drawdown means profits do not tighten the floor, giving Nova traders a predictable and stable risk boundary.

Scaling Plan

Performance-based account growth: Traders who demonstrate consistent performance can increase their account allocation by 25% every four months, allowing progressive access to larger capital without a new challenge requirement.
VIP rewards program: After 4 months of funded trading and 4 successful withdrawals with an average monthly profit of at least 4%, traders unlock a free challenge replacement, higher capital allocation, and a 90% profit split.
Maximum capital allocation: Through performance-based growth, traders can reach a maximum total allocation of $400,000.
Consistent rules throughout growth: All trading rules and risk parameters remain unchanged as the account grows. Only the dollar amounts increase proportionally.
Profit split progression: The default 80% split increases to 90% through the VIP rewards program after sustained consistent performance.

Features

EA/Bot Allowed First Payout on Demand Instant Funding News Trading Allowed No Minimum Trading Days No Time Limit Scaling Plan Weekend Holding