Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!
Nostro Prop Firm offers a flexible trading environment with a profit target of 5% and a daily loss limit of 6%, ensuring traders can operate confidently.
With a minimum deposit of $25 and a leverage of 1:100, it is suitable for both beginners and experienced traders.
Available challenge formats—1-step, 2-step, and 3-step—allow traders to choose based on their preferences.
Nostro Prop Firm, based in the UK, has quickly established a reputation for providing 3 structured evaluations.
The firm offers account sizes ranging from $2,500 to $100,000, designed to meet the needs of both novice and seasoned traders.
Nostro’s commission structure includes raw spreads and a low $4 commission per lot, ensuring competitive trading conditions.
Traders can access popular instruments like EUR/USD, Gold, Bitcoin, and US stocks.
Weekly promotional campaigns, like the chance to win a $10,000 funded challenge with a 40% discount, add extra incentives to join the platform.
Experience trading freedom with Nostro Prop Firm's adaptable platform and a wide variety of asset choices
Nostro prop firm company overview
Founded in 2023, Nostro is a UK-based proprietary trading firm that has quickly made a name for itself in the competitive world of funded trading. Founded to empower traders of all levels, Nostro provides a platform where individuals can test and refine their trading strategies without risking personal capital.
Nostro's commitment to transparency and fair trading conditions has attracted a diverse community of traders from around the world. However, it's worth noting that the firm does restrict traders from certain countries, likely due to regulatory considerations.
Nostro specifications summary
Nostro offers a comprehensive suite of trading opportunities designed to cater to traders of varying experience levels and risk appetites. Here's a snapshot of what the prop firm brings to the table:
Account currency
USD
Minimum price
$25
maximum leverage
1:100
maximum profit split
85%
Instruments
forex, commodities, indices, and cryptocurrencies
Assets
EUR/USD, Dow Jones, Gold, Oil, Bitcoin, US stocks
evaluation steps
1-step, 2-step, 3-step,
Trading platform
MT5
Withdrawal methods
Visa, MasterCard, Coinbase, WISE
maximum fund size
$100,000
first profit target
5%
Max. daily loss
6%
Challenge time limit
No Limits
news trading
Conditional
Maximum total drawdown
12%
commission per round lot
$4
trust pilot score
4.5 out of 5
payout frequency
Every 14 days
established country
UK
established year
2023
Nostro's structured evaluation programs provide a clear path for traders to prove their skills and gain access to significant trading capital.
Nostro Advantages & Disadvantages
When considering Nostro as your prop trading partner, weighing both the advantages and potential drawbacks is essential. Here's an objective look at the pros and cons:
Pros
Cons
Access to substantial trading capital (up to $100,000)
Free-funded accounts are currently inactive
Variety of account sizes and evaluation options
Restrictions on traders from certain countries
Multiple payment and withdrawal methods supported
Strict adherence to risk management rules required
Active online community and responsive customer support
High-risk strategies like hedging are prohibited
-
Conditional news trading
Despite these limitations, Nostro's overall offering presents a structured and potentially lucrative path for traders looking to access significant trading capital through a reputable prop firm.
Nostro funding & challenge price
Nostro provides traders with a wide range of funding tiers across Standard and Aggressive programs. Evaluation accounts are available in 1-step, 2-step, and 3-step formats, with pricing scaled by account size and risk profile.
Challenge prices in Nostro prop firm start at $25
Here's a breakdown of their funding tiers and associated costs:
Funding
Price
Evaluation Phases
$2,500
$25
1-step, 2-step
$5,000
$45
1-step, 2-step
$10,000
$110
1-step, 2-step, 3-step
$25,000
$360
1-step, 2-step, 3-step
$50,000
$409
1-step, 2-step, 3-step
$100,000
$699
1-step, 2-step, 3-step
Nostro's pricing structure aims to provide an affordable entry point for novice traders while offering substantial capital for experienced traders seeking to scale their strategies.
Nostro Registration & Verification Process
Registering with Nostro and getting verified is a straightforward process designed to get you trading as quickly as possible. Here are the steps to Nostro registration:
#1 Head to The Prop Firm's Official Website
Navigate to Nostro's official website and click "Sign Up" on the home page.
#2 Registration Form
Provide the following information to create a Nostro account:
Full name
Email
Country of residence
Account password
Enter your email address to register on Nostro
#3 Email Verification
Check your inbox and use the OTC sent to you to activate your account.
#4 Nostro Verification
Please log in to your client dashboard, purchase a challenge, and provide KYC documents after you pass the evaluation phase.
When funded, from Account>Security> Identity Verification, provide the necessary documents, including:
Proof of Identity: Passport or ID card
Proof of Residence: Utility bill or Bank statement
Nostro Evaluation Steps
Nostro offers a structured evaluation process to assess traders' skills and risk management abilities before granting access to funded accounts. No matter whether you choose the Standard or Aggressive account type, the firm provides three types of evaluation challenges:
Evaluation Phase
Profit Target
Min Trading Days
Daily Drawdown
Total Drawdown
Trading Period
Profit Split
1-Step
10%
0
5%
10%
No Limits
85%
2-Step
8%, 5%
0
6%, 6%
12%, 12%
No Limits
85%
3-Step
8%, 5%, 5%
0
6%, 6%, 6%
12%, 12%, 12%
No Limits
85%
It's important to note that while Nostro previously offered a free $5K 3-step challenge, this option is currently inactive. Traders should check the Nostro website for the most up-to-date information on available challenges and their requirements.
Nostro offers a competitive 85% profit-sharing model for traders who pass evaluation-based challenges. Payouts are available every 14 days, though processing can take several business days.
Nostro Maximum Capital & Scaling Rules
Traders at Nostro can secure up to $100,000 in funded capital through its various evaluation programs. Account sizes range from $5K to $100K, depending on the challenge type selected.
Unlike many competitors, Nostro currently does not offer a scaling plan, meaning the funded amount remains fixed even after hitting performance milestones.
Nostro Challenge Duration
Nostro stands out for its flexibility, since all evaluation challenges come with unlimited time.
Traders can progress at their own pace with no pressure to meet deadlines. However, once funded, a minimum of five trading days is required before requesting a payout.
Nostro prop firm’s bonus and discount offerings
Nostro regularly runs promotions and discounts to attract new traders and reward loyal ones. Currently, they're offering an exciting campaign called "Buy Any Challenge & Win a $10K Instant Funded Challenge".
Traders receive a 40% discount on any challenge account purchase and are automatically entered into a weekly draw for a chance to win a $10,000 funded account with up to an 85% profit split. Here is how to Participate:
Visit the Nostro website;
Select a challenge account;
Apply the coupon code "IN40" for the 40% discount;
Complete the purchase.
Winner Announcement: The winner is emailed every Sunday at 12:00 PM UTC.
Always review the terms and conditions thoroughly before participating in any challenges or promotions. These offers can provide excellent opportunities to access larger trading capital or enjoy discounted entry into Nostro's funded trading program.
Nostro offer a 40% discount for any account purchases
Nostro Prop Firm Rules
Nostro enforces strict rules: VPN use, multiple IPs, hedging, EAs, high-frequency, and arbitrage trading are monitored. News trading restrictions apply, and proof of IP location change is required to avoid account penalties. Key points on Nostro rules:
VPN Usage: VPN use is discouraged; suspicious activity may lead to account penalties;
Multiple IP Trading: Multiple IPs are allowed, but suspicious behavior may trigger investigation and penalties;
IP Sharing and Location Changes: Sharing IPs is prohibited; proof of location change is required to avoid penalties;
Hedging: Hedging in any form, including automated or cross-account, is strictly prohibited;
Expert Advisors (EAs): Personal EAs are allowed; copying trades from others results in account termination;
High-Frequency and Arbitrage Strategies: High-frequency, tick scalping, and arbitrage strategies are prohibited;
News Trading: Opening trades or modifications within 2 minutes before/after news events during the funded phase are not allowed.
VPN Usage
Nostro strongly advises traders to avoid utilizing VPNs or VPS services when operating their accounts, as accurate data tracking through the platform’s systems is crucial for maintaining fair and transparent trading conditions.
While these services are not outright banned, any suspicious activity linked to their use may trigger a review of your account and potentially lead to consequences if the platform deems that there has been a breach of the terms.
Trading from Multiple IPs
Traders are permitted to trade from different IP addresses as long as they manage their accounts personally.
However, if any suspicious patterns arise, such as frequent or unexplained changes in IP addresses, it may prompt a detailed investigation and could result in account termination if deemed necessary.
IP Sharing and Location Changes
Sharing a single IP address across multiple accounts is strictly prohibited as it mimics group trading behavior, which is against Nostro's policy.
Additionally, if a trader’s IP location shifts to a different country, they must provide sufficient proof of their physical presence in that country. Failure to provide this evidence may result in suspension or even termination of their account.
Hedging
Hedging strategies are not allowed on any account, whether during challenges or in live trading. This includes using automated systems such as EA hedging bots, which are designed to exploit demo environments.
All forms of hedging, including inverse correlation, cross-account, and hedging arbitrage, are strictly forbidden.
Accounts found using exclusive hedging methods will be asked to provide evidence of the EA used for review.
Expert Advisors (EAs)
Traders are allowed to use personal Expert Advisors (EAs) and trade copiers. However, these tools must comply with Nostro's trading guidelines.
Copying trades from other traders is not allowed. Any attempt to replicate someone else’s orders will result in the immediate termination of the trader’s account.
In case of doubt, proof may be requested to verify compliance with Nostro's policies.
High-Frequency and Arbitrage Strategies
Nostro strictly forbids high-frequency trading practices, such as exploiting MetaTrader 5 inefficiencies, tick scalping, toxic order flow, and arbitrage trading strategies.
These activities are seen as disruptive to fair market practices and are subject to account penalties if detected.
News Trading
During the funded phase, traders must avoid opening new trades or modifying existing ones within a two-minute window before and after a high-impact news event.
The restriction includes actions like placing, modifying, or closing positions and adjusting pending orders. Violations of this rule may invalidate any profits made and suspend or terminate trading privileges.
Notably, the restrictions do not apply during the evaluation phase, allowing traders to trade freely during that period.
Nostro trading platforms
Nostro exclusively uses the MetaTrader 5 (MT5) platform, known for its advanced charting capabilities, automated trading features, and user-friendly interface.
By focusing on MT5, Nostro prop firm ensures that traders have access to a powerful, widely-used platform. This choice allows traders to leverage their existing MT5 knowledge or easily find resources to learn the platform, streamlining the transition to trading with Nostro.
TradingFinder has developed various MT5 indicators that you can use for free.
What instruments & symbols can I trade on Nostro?
Nostro offers diverse trading instruments across five asset classes, from the Forex market to Cryptocurrencies, catering to various trading preferences and strategies. Here's a breakdown of the available asset classes:
It's important to note that the exact list of available instruments may vary and can be subject to change. For the most up-to-date information, traders should check the current list of available symbols directly on the Nostro trading platform or website.
Nostro prop firm payment methods
Nostro offers a range of flexible and secure payment options tailored to meet the needs of its traders. Among the key methods available are:
Visa
MasterCard
Coinbase
WISE (formerly TransferWise)
Supported payment methods in Nostro include Visa and Master Cards, Coinbase, and WISE
While these are the confirmed payment methods, Nostro may offer additional options. Traders should check the official Nostro website or contact customer support for the most up-to-date and comprehensive list of payment methods available in their region.
Nostro prop firm commission & costs
Nostro prop firm prides itself on offering competitive trading conditions to help traders maximize their profitability. Here's a breakdown of their commission structure and associated costs:
Raw Spreads: Nostro offers raw spreads, which are typically tighter than standard spreads;
Low Commissions: Besides raw spreads, Nostro charges a low commission of $4 per lot traded.
Does Nostro offer vast educational resources?
Based on the available information, it appears that Nostro prop firm does not offer extensive educational resources as a primary focus of its services. However, this doesn't mean they don't provide any support for traders.
Nostro’s support and assistance service is designed to provide traders with efficient and accessible help. However, support is available exclusively through two main channels:
Live Chat: Traders can receive real-time assistance through the platform's live chat feature, ensuring quick responses to any queries or issues;
Help Center: For those who prefer self-service, the Help Center offers a comprehensive library of articles covering a wide range of topics, providing guidance on common questions and solutions.
These options ensure that traders can access the support they need in a timely and convenient manner.
Nostro assists traders through the Live chat and articles
Nostro Comparison Table
Let's see where Nostro stands in comparison with the most popular prop firms:
In conclusion, the firm’s structured evaluation programs with no time limits allow traders to prove their skills without the added pressure of a ticking clock.
With a maximum drawdown of 12% and a profit split of up to 85%, traders are rewarded for consistent performance.
Payment methods like Visa, MasterCard, Coinbase, and WISE offer convenient ways to fund accounts.
Nostro’s Trustpilot score of 4.5/5 further emphasizes its commitment to providing a transparent and supportive environment.
FAQs
What is the minimum deposit required?
The minimum deposit to start is $25.
What leverage does Nostro Prop Firm offer?
Nostro provides a leverage ratio of 1:100.
What is the profit split offered by the firm?
The profit share is primarily set to 85%.
Which asset classes can traders access?
Traders can engage with forex, commodities, indices, and cryptocurrencies.
What are some of the available trading pairs and assets?
Notable trading options include EUR/USD, Dow Jones, Gold, Oil, Bitcoin, and US stocks.
What types of account challenges are available?
Nostro offers 1-step, 2-step, and 3-step challenges.
Which trading platform is used by Nostro?
The only trading platform used is MT5.
How often can traders request payouts from Nostro?
Payouts are processed every 14 days, providing consistent access to earnings.
What is Nostro Prop Firm and how does it operate?
Nostro is a UK-based proprietary trading firm launched in 2023. It offers structured 1-step, 2-step, and 3-step challenges that allow traders to earn funding of up to $100,000. Traders keep up to 85% of profits, and there are no time limits to complete evaluations.
What are the key differences between the 1-step, 2-step, and 3-step challenges?
1-Step: 10% profit target, 5% daily loss, 10% total drawdown
2-Step: 8% + 5% targets, 6% drawdowns per phase
3-Step: 8% + 5% + 5% targets, 6% max drawdowns per phase
All have unlimited time and offer an 85% profit share.
What is Nostro’s maximum funding and do they offer account scaling?
The maximum funded account size is $100,000. Currently, Nostro does not offer scaling, meaning traders manage a fixed amount even after reaching consistent profitability.
Is there a time limit to pass Nostro’s challenges?
No. One of Nostro’s strengths is its unlimited time on all challenge types. This allows traders to progress at their own pace without any countdown pressure or forced timelines.
Are Expert Advisors (EAs) allowed on Nostro accounts?
Yes. Personal EAs are allowed if they comply with rules. However, copying trades, using hedging bots, or third-party automation is prohibited. Proof may be requested to verify EA ownership.
Can traders use VPNs or trade from multiple IPs at Nostro?
VPN use is strongly discouraged. Multiple IPs are allowed if the account is managed by a single trader. IP sharing or frequent location changes require documented proof to avoid penalties.
How are news events treated in Nostro’s funded accounts?
During the funded phase, opening/modifying trades 2 minutes before or after major news is forbidden. This includes adjusting pending orders. The rule does not apply during evaluations.
What are Nostro’s trading commissions and spreads?
Nostro offers raw spreads and charges a low commission of $4 per round lot. This is cost-effective compared to firms charging $7–$10 per lot.
What is Nostro’s Trustpilot rating?
Nostro has a solid Trustpilot score of 4.5/5, indicating a generally positive experience among traders and a growing community trust.
