Challenge Types: Standard and Swing

Nexus Funded offers five packages ranging from $10,000 to $200,000. Each package is available in Standard and Swing types, and the pricing is the same for both.

Standard Account

• Leverage: Up to 1:100
• News Time Trading: Not Allowed [2 Minutes before and after]
• Overnight Holding: Not Allowed
• Over Weekend Holding: Not Allowed
• Commission: $3/Lot 

Swing Account

• Leverage: Up to 1:30
• News Time Trading: Allowed
• Overnight Holding: Allowed
• Over Weekend Holding: Allowed

Important Note: After successfully passing the NEXUS Challenge (Phase 1) and Verification (Phase 2), the NEXUS Trader phase will change to Swing Account Type, meaning with Leverage up to 1:30.

Challenge Phases: Three Phases

Phase 1: NEXUS Challenge [Demo]

• How to Pass: Achieve a profit of 10% after closing all positions.
• Fail Reasons: Exceeding a Daily Loss of 5% or a Total Drawdown of 10%.
• Minimum Trading Days: You need at least 4 Trading Days.
• Maximum Trading Days: No Limit on the number of trading days

Phase 2: Verification [Demo]

• How to Pass: Achieve a profit of 5% after closing all positions.
• Fail Reasons: Exceeding a Daily Loss of 5% or a Total Drawdown of 10%.
• Minimum Trading Days: You need at least 4 Trading Days.
• Maximum Trading Days: No Limit on the number of trading days.

Phase 3: NEXUS Trader [Real]

• How to Pass: No target required.
• Fail Reasons: Exceeding a Daily Loss of 5% or a Total Drawdown of 10%.
• Minimum Trading Days: No minimum day.
• Maximum Trading Days: No maximum day.

Daily Profit and Loss (PnL) Reset Time: 00:00 (Baghdad Time, GMT+3)

Description: Your Profit and Loss (PnL) for the day will be calculated at 00:00 Baghdad Time (GMT+3) for both Standard and Swing accounts in the NEXUS Challenge (Phase 1) and Verification (Phase 2).

Example: If you have a $10,000 account, you open a trade at 16:00 and close it at 17:00 with a profit of $200. Then, you open another trade at 18:00 and close it at 19:00 with a loss of $100. Since no more trades were made, your Daily PnL would be $100.

Daily Profit and Loss (PnL) Type: Equity-Based

Description: Your daily Profit and Loss (PnL) will be calculated based on your equity for both Standard and Swing accounts in the NEXUS Challenge (Phase 1) and Verification (Phase 2).

Example: If you have a $10,000 account, your Daily Loss Limit is 5%. On the first day, a 5% loss means your equity must not exceed $9,500. You will fail the challenge if your equity falls below or equal to $9,500.

Total Drawdown Limit: Initial Balance Based

Description: Your total drawdown cannot exceed 10% of your starting balance for Standard and Swing accounts in the NEXUS Challenge (Phase 1) and Verification (Phase 2).

Example: If you have a $10,000 account, your Total Drawdown Limit is 10%. If your equity drops below or equal to $9,000 at any point, you will fail the challenge.

Minimum Trading Days: 4 Days

Description: To pass the NEXUS Challenge and Verification phases, you must trade for at least 4 days.

Example: A trading day is counted only when a position is opened, not closed. For example, if you open a position on Monday and close it on Thursday, only Monday is a trading day.

Tradable Instruments

Instrument Leverages

Approval Process

Description: After passing each NEXUS Challenge and Verification phase, a review process is needed before moving to the next phase. This is to double-check all parameters and ensure no rules are broken. This process can take up to 48 working hours on weekdays.

Example: After passing the NEXUS Challenge phase on Thursday, our team will review your trading history. Upon confirmation, you will receive your Verification phase account on Monday.

Abusive Trading Strategies

Multiple Account Arbitrage: The use of multiple accounts for arbitraging purposes is strictly prohibited. Any attempt by a client to manipulate the system by using multiple accounts to pass any phase of the challenges will result in the suspension of all related accounts.

Latency Trading and Market Arbitrage: Latency trading, latency arbitrage, or market arbitrage, which involves exploiting delays in market data or trade execution to secure profits, is considered a form of market manipulation. Such practices are strictly prohibited.

High-Frequency Trading (HFT): High-frequency trading is considered a toxic strategy. NEXUS reserves the right to request the cessation of HFT practices. Should the client persist in using such strategies, NEXUS reserves the right to suspend the account.

Abusive Trading Strategies: NEXUS does not permit or accept any abusive trading strategies, whether through advanced technology or manual methods. This includes trading based on errors or any other practices deemed abusive, even if not explicitly pre-defined.

Scalping Restrictions: While scalping is not prohibited, trading on time frames below two minutes is restricted. Repeated instances of such behavior will result in corrective actions, as these practices are designed to prevent rapid in-and-out trades that may be detrimental to both NEXUS and the client.

Profit Split

Description: After reaching the NEXUS Trader phase, you are entitled to withdraw profits, ranging from a minimum of 1% to a maximum of 50% per payout. The trader receives 80% of each payout, while the company retains 20%. The remaining account balance will be updated after the withdrawal.

Example: If you receive a real account with $10,000 and, after trading, your balance grows to $12,000, you may request a $1,000 withdrawal after 14 days of trading. You will receive $800, and the company will take $200. Once the withdrawal is approved, your new balance will be $11,000. 

Important Note: If a trader loses the challenge before their first payout in the NEXUS Trader phase, the package fee will not be refunded.

Payout

Description: After reaching the NEXUS Trader phase, you can withdraw profits every 14 days. Once a withdrawal is made, the 14-day period will reset.

Example: If you receive a real account with $10,000 on 01/06/2025 and grow your balance to $12,000, you request a $1,000 withdrawal after 14 days of trading. If the withdrawal is approved on 14/06/2025, your new balance will be $11,000. If you profit an additional $2,000, your balance becomes $13,000. You can then request a withdrawal of $3,000 after another 14 days, on 28/06/2025.

Important Note: Upon approval of the withdrawal request, the Finance Department requires 24 to 48 working hours to process and release the payment, in accordance with the trader’s preferred payment method.

Max Allocation

The maximum capital allocation allowed on NEXUS Accounts per trader or strategy is $400,000. This can be distributed as two accounts with $200,000 each or four with $100,000 each.

However, due to the increased loss limits, the maximum allocation is limited to $200,000 for accounts set up with aggressive risk settings.

Important Note: Creating multiple accounts through different registrations is prohibited. We may suspend those accounts per our terms if we identify identical trading strategies being used across multiple accounts that collectively exceed the $400,000 allocation limit.

Know Your Customer (KYC)

• Phase 1: NEXUS Challenge [Demo]
  NO KYC Required

   

• Phase 2: Verification [Demo]
  NO KYC Required

   

• Phase 3: NEXUS Trader [Real]
  KYC Required, requirements are:

1. 1. Valid Passport (must be current and not expired)
   2. National ID (both front and back, must be current and not expired)
   3. Proof of Address (issued within the last 3 months)
   4. Selfie (clear image of your face against a plain background)