Atmos Funded Nova Challenge $200,000 Review – Rules, Drawdown & Payout | PropTradingArea
Difficulty Meter Free sign up to unlock
DIFFICULTY METER
3.7 / 10
Moderate
OVERALL PASS RATE Free sign up to unlock
OVERALL PASS RATE
22.6 %
Average

Traders who pass this challenge in our community

Atmos Funded

Nova Challenge

1-Step Challenge Trailing Drawdown
Account Size $200,000
Price $1,029

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: Entry fee is $5. Activation fee upon passing is $1,029 for a $200,000 account — the highest activation fee in the Nova lineup. Traders who pass but do not pay the activation fee lose access to the funded account entirely.
Single-phase evaluation: On a $200,000 account, traders must generate $10,000 in closed profits while respecting all risk rules. This is the largest single-phase profit target in the Nova lineup.
No minimum trading days in evaluation: Traders can complete the challenge in as few sessions as needed.
Minimum profitable days in funded stage: At least 7 profitable trading days required before each payout, with minimum profit of 0.5% ($1,000) per qualifying day.
Daily loss limit of 4% static: On a $200,000 account, the maximum daily loss is $8,000.
Maximum drawdown of 8% static: The absolute floor is $184,000 on a $200,000 account.
On-demand payouts after 7 qualifying days. Minimum withdrawal: $100.
Leverage: 1:50 Forex, 1:15 Metals/Energies, 1:10 Indices, 1:2 Crypto.
Profit split: 80% default, 90% add-on available.
No consistency rule. Inactivity: 90 days.
News trading: Permitted in challenge. In funded ±2 minute restriction with profit removal. EAs, scalping permitted. Weekend/overnight holding permitted.
Largest Nova Challenge account: At $200,000, this is the highest tier in the Nova lineup. The $10,000 profit target and $16,000 total drawdown buffer represent the highest absolute stakes in this model, with the same favorable 0.625:1 PT:DD ratio that makes the Nova evaluation statistically more accessible than other models.
$1,029 activation fee is the real cost: The $5 evaluation entry is effectively a teaser — the real financial commitment for a $200,000 Nova account comes at the activation stage. Traders must assess whether the cost of the activation fee is justified versus purchasing a standard challenge where the full fee is paid upfront.
7 qualifying days requiring $1,000/day is the highest bar at Atmos: Each of the 7 required funded sessions must generate at least $1,000 in closed profit. Completing a full qualifying cycle requires at least $7,000 in qualifying session profits — a high consistent performance requirement that effectively filters out all but the most active and consistent traders at this account size.
$8,000 daily limit is meaningful at $200,000: With the largest absolute daily limit in the Nova lineup, traders at $200,000 have significant intraday flexibility. However, two consecutive maximum-loss days ($16,000 total) consume the entire 8% drawdown buffer, making consecutive bad sessions account-ending with no path to recovery.

Scaling Plan

Performance-based account growth: Traders who demonstrate consistent performance can increase their account allocation by 25% every four months.
VIP rewards program: After 4 months of funded trading and 4 successful withdrawals with at least 4% average monthly profit, traders unlock a free challenge, higher capital, and 90% profit split.
Maximum capital allocation: Up to $400,000, meaning a $200,000 Nova funded account reaches the maximum with a single 25% scale-up performance cycle.
Consistent rules throughout growth: All risk parameters remain unchanged as the account grows.
Profit split progression: The default 80% split increases to 90% through the VIP rewards program.

Features

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