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What Are Free Accounts and How Do They Work

What type of account is issued?

These accounts are limited-time campaigns that let participants obtain a Performance Reward without an initial purchase, subject to the conditions below.

  • Account Type: All giveaway accounts are 1 STEP NOVA.

  • Only difference vs. regular 1 STEP NOVA: the Giveaway account will be deactivated after the first Performance Reward, and each trader may only have one active Giveaway account at a time.

  • Everything else remains the same: All other rules, parameters, and trading conditions are identical to standard 1 STEP NOVA accounts.

Performance Reward schedule

  • 14-day cycle: Performance Rewards for giveaway accounts follow a 14-day schedule.- Eligibility period: A participant must wait for a minimum of 14 days before requesting a Performance Reward on a giveaway account.


Account Limits and Eligibility

In order to maintain a fair, sustainable, and transparent environment, all participants must comply with the following limits related to giveaway accounts:

  • Maximum active giveaway accounts: 1 ACCOUNT PER USER.

This condition must be met at all times. If a participant requests a Performance Reward and the company determines that the participant holds more than one (1) active giveaway account, the Performance Reward request will be automatically rejected and all giveaway accounts associated with the participant will be cancelled due to non-compliance with this rule.

The company reserves the right to take any necessary actions to protect the integrity of the ecosystem and promote responsible use of promotional accounts.

Key rules for giveaway accounts

  1. One performance reward only Each giveaway account is eligible for a single Performance Reward.

  2. Performance Reward caps by account size: The maximum Performance Reward amount depends on the account size:

  • $10,000 → max performance reward: $250

  • $25,000 → max performance reward: $350

  • $50,000 → max performance reward: $750

  • $100,000 → max performance reward: $1,000

  • $150,000 → max performance reward: $1,500

Recognition Tier: 50% Participants keep 50% of the Performance Reward. Example: If your account allows a $1,000 performance reward, you’ll receive $500.

Additional Example If your simulated result is $2,000 on a 50/50 Recognition Tier, your share is $1,000, which is the maximum performance reward cap for a $25,000 account. Similarly, on a $1,500 simulated result, the Performance Reward is $750 (50%), as it is below the maximum cap.

Closure after performance reward

Once your performance reward is processed, the account is CLOSED and can no longer be used. ​

Important notes

  • These conditions apply only to giveaway accounts (obtained via promotions, raffles, live events, or directly from an Expansion Manager).

  • Different rules and limits apply to accounts purchased through the official NEOM Funded website.

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