Finotive Funding

Finotive Funding seeks to provide retail traders with a streamlined approach to accelerate both the assessment procedure and the expansion of their capital, fostering the potential for substantially increased monthly returns.

Who are Finotive Funding?

Finotive Funding, established by Oliver Newland on April 23, 2021, is a proprietary firm that commenced its project well before its official founding date. 

Situated in Budapest, Hungary, the company operates with offices and offers traders an opportunity to manage a total balance of $11,410,000, with profit splits ranging from 75% to 95%.

In addition, they have introduced Finotive Markets, their proprietary brokerage, with plans for full regulation by the later part of 2023. The headquarters are situated at Honvéd utca 8, 1st floor, 1054 Budapest, Hungary.

Who is the CEO of Finotive Funding?

Oliver Newland serves as the Chief Executive Officer (CEO) of Finotive Funding. Keep an eye out for additional details about their CEO, as more information is expected to be added in the future. Stay tuned for updates!

Funding Program Options

Finotive Funding provides traders with a selection of three distinct funding programs:

1. Two-Step Evaluation Program Accounts
2. Instant Funding Program Accounts
3. Standard Instant Funding Program Accounts
4. Aggressive Instant Funding Program Accounts
5. One-Step Evaluation Program Accounts

These varied options cater to different trading preferences and goals, allowing individuals to choose the program that aligns best with their needs and objectives.

Funding Program

Finotive Funding’s Two-Step Evaluation Program Accounts present traders with a progressive structure tailored to identify and reward skilled individuals.

The account options are characterized by varying leverage, pricing structures, and scaling plans based on the chosen account size. The phases involve two evaluation steps, each with specific profit targets and loss limitations.

Two-Step Evaluation Program Account Details:

Evaluation Process:

Phase 1:

Profit Target: 7.5%
Maximum Daily Loss: 5%
Maximum Loss: 10%
Time Requirements: None

Phase 2:

Profit Target: 5%
Maximum Daily Loss: 5%
Maximum Loss: 10%
Time Requirements: None

Funded Account Features:

No profit targets after completing both phases.

Weekly profit split ranging from 75% to 95% based on the achieved profit.

Scaling Plan

Eligibility to scale based on reaching specific profit targets.
Withdrawals are allowed after reaching the profit target, but scaling forfeits withdrawals.

Trading Instruments

Forex pairs, commodities, indices, and cryptocurrencies.

Finotive Funding’s Two-Step Evaluation Program Accounts aim to foster disciplined and strategic trading, providing a structured path for traders to prove their skills and access funded accounts.

What Makes Finotive Funding Different?

Finotive Funding stands out among prop firms for several reasons, offering a range of funding programs with unique features and more flexibility in trading styles. Here’s a summary of what sets Finotive Funding apart from other prop firms, using comparisons with Funding Pips, FTMO, and FundedNext:

Two-Step Evaluation Program:

Finotive Funding:

• Two evaluation phases with profit targets of 7.5% and 5%.
• Relatively low profit targets compared to other firms.
• No minimum or maximum trading day requirements.
• 5% maximum daily loss and 10% maximum loss rules.

Comparison:

• Funding Pips and FTMO have higher profit targets in their evaluation phases.
• Finotive Funding has no minimum trading days, offering more flexibility than FTMO.

Instant Funding Programs:

Finotive Funding:

• Standard and aggressive instant funding programs.
• Maximum daily loss of 5% for standard and 10% for aggressive.
• Maximum loss of 8% for standard and 16% for aggressive.
• No profit target requirements for weekly profit splits (55% to 75%).
• Scaling plans available.

Comparison:

• Instant funding programs provide flexibility and generous profit splits.
• Aggressive option available, setting it apart from Funding Pips.

One-Step Evaluation Program:

Finotive Funding:

• Single evaluation phase with a 10% profit target.
• No minimum or maximum trading day requirements.
• 4% maximum daily loss and 7.5% maximum loss rules.
• Scaling plan available.

Comparison:

• Relatively high maximum loss rules compared to other firms.
• No time limitations provide flexibility.

Overall Comparison:

Finotive Funding:

• Offers three diverse funding programs.
• Flexible trading styles with minimal restrictions.
• Choice between different programs based on individual preferences.
• Unique features like aggressive instant funding set it apart.

Comparison:

• FundedNext has a similar profit split range, but Finotive Funding offers more program choices.
• Compared to FTMO, Finotive Funding has lower profit targets and no minimum trading day requirements.

In conclusion, Finotive Funding distinguishes itself by providing a variety of funding programs, accommodating different trading preferences. The flexibility in trading styles, along with unique features in each program, makes Finotive Funding an attractive option for traders of various experience levels.

Standard Instant Funding Program Accounts

Account Pricing:

Account Size: $2,500

• Price (Standard): $95
• Price (Swap-Free): $120
• Price (Standard Limitless): $120

Account Size: $5,000

• Price (Standard): $190
• Price (Swap-Free): $240
• Price (Standard Limitless): $230

Account Size: $10,000

• Price (Standard): $335
• Price (Swap-Free): $420
• Price (Standard Limitless): $410

Account Size: $25,000

• Price (Standard): $525
• Price (Swap-Free): $625
• Price (Standard Limitless): $630

Account Size: $50,000

• Price (Standard): $1,055
• Price (Swap-Free): $1,200
• Price (Standard Limitless): $1,270

Account Size: $100,000

• Price (Standard): $2,100
• Price (Swap-Free): $2,300
• Price (Standard Limitless): $2,520

Program Overview:

Skip the evaluation process and start earning from the beginning.
Focus on not exceeding 5% maximum daily loss and 8% maximum loss.
Profit splits range from 55% to 75% based on trading profits with 1:100 leverage.

Scaling Plan:

Eligible to scale upon reaching a profit target for each account phase.
Withdrawals allowed after reaching the profit target, but scaling forfeits withdrawals.

Aggressive Instant Funding Program Accounts

Account Pricing:

Account Size: $2,500

• Price (Aggressive): $165
• Price (Aggressive Swap-Free): $210
• Price (Aggressive Limitless): $200

Account Size: $5,000

• Price (Aggressive): $330
• Price (Aggressive Swap-Free): $420
• Price (Aggressive Limitless): $400

Account Size: $10,000

• Price (Aggressive): $660
• Price (Aggressive Swap-Free): $780
• Price (Aggressive Limitless): $800

Account Size: $25,000

• Price (Aggressive): $1,340
• Price (Aggressive Swap-Free): $1,500
• Price (Aggressive Limitless): $1,610

Account Size: $50,000

• Price (Aggressive): $2,400
• Price (Aggressive Swap-Free): $2,600
• Price (Aggressive Limitless): $2,880

Account Size: $100,000

• Price (Aggressive): $5,280
• Price (Aggressive Swap-Free): $5,555
• Price (Aggressive Limitless): $6,340

Program Overview:

Bypass the evaluation phase and start trading immediately.
Focus on not exceeding 10% maximum daily loss and 16% maximum loss.
Profit splits range from 60% to 75% based on trading profits with 1:100 leverage.

Scaling Plan:

Eligible to scale upon reaching a profit target for each account phase.
Withdrawals allowed after reaching the profit target, but scaling forfeits withdrawals.

One-Step Evaluation Program Accounts

Account Pricing:

Account Size: $2,500

• Leverage: 1:100
• Price (Standard): $60
• Price (Swap-Free): $72

Account Size: $5,000

• Leverage: 1:100
• Price (Standard): $90
• Price (Swap-Free): $120

Account Size: $10,000

• Leverage: 1:200
• Price (Standard): $120
• Price (Swap-Free): $180

Account Size: $25,000

• Leverage: 1:200
• Price (Standard): $180
• Price (Swap-Free): $240

Account Size: $50,000

• Leverage: 1:400
• Price (Standard): $360
• Price (Swap-Free): $480

Account Size: $100,000

• Leverage: 1:400
• Price (Standard): $600
• Price (Swap-Free): $750

Program Overview:

One-phase evaluation period focusing on consistency.
Trade with 1:100 up to 1:400 leverage based on chosen account size.
Reach a profit target of 10% with 4% maximum daily loss and 7.5% maximum loss rules.

Scaling Plan:

Eligible to scale upon reaching a profit target for each account phase.
No withdrawal restrictions upon scaling.

General Rules for Instant Funding Program Accounts:

• Maximum daily loss: 5% to 10%, depending on the program.
• Maximum loss: 8% to 16%, depending on the program.
• Maximum trading days: 90 days.
• Discipline in trading; avoid a “gambling mentality” by adhering to risk management rules.

Common Rules Across All Programs:

Risk Management:

Avoid risking 100% or more of maximum loss limits in open trades.
Refrain from risking 50% or more of maximum loss limits in a single trade or across multiple trades on the same instrument.
Utilize stop-losses consistently for responsible trading.

Third-Party Risks:

Be cautious with third-party copy trading services to avoid exceeding maximum capital allocation.
Be aware of risks associated with third-party EA usage and potential duplication of trading strategies.

Withdrawal and Scaling:

Withdrawals:

• No limitations on time for the first withdrawal after reaching profit on the funded account.
• Subsequent withdrawals are based on a weekly schedule.
• Withdrawal eligibility depends on reaching profit targets.

Scaling:

• Eligible to scale the account upon reaching the profit target for the specific account phase.
• Scaling forfeits the ability to withdraw profits before scaling.

Trading Instruments

Forex pairs, commodities, indices, and cryptocurrencies are tradable across all programs.

What makes Finotive Funding Different?

Finotive Funding provides a diverse range of trading instruments across various asset classes. Traders associated with Finotive Funding have the opportunity to engage in the following:

Forex Pairs:

Commodities:

Indices:

Cryptocurrencies:

Trading Fees

Trading Commission:

Education & Support for Traders

Finotive Funding currently does not offer educational content on its website. However, traders may find relevant information and discussions about Finotive Funding on the ForexFactory forum.

Additionally, Finotive Funding provides a modern dashboard that allows traders to conveniently track and assess their performance.

Which Broker Does Finotive Funding Use?

Finotive Funding operates through its affiliated broker, Finotive Markets, which is currently in the process of obtaining full regulatory approval, expected to be completed in 2023.

In terms of trading platforms, users have the flexibility to utilize MetaTrader 5 for their trading activities.

Trader’s Opinion About Finotive Funding

Finotive Funding has garnered positive feedback from its user reviews.

On Trustpilot, the platform boasts a diverse array of community comments, resulting in an impressive score of 4.3/5 from a total of 280 reviews.

The customer support team at Finotive Funding receives particular acclaim, with users highlighting their prompt and patient approach in addressing client issues and providing effective resolutions.

The availability of various account sizes, ranging from $2,500 to $200,000, has been appreciated by the Finotive Funding community. This inclusivity makes the platform accessible to traders with varying capital amounts.

Conclusion

In summary, Finotive Funding stands out as a legitimate proprietary trading firm, providing traders with the flexibility to choose from three distinct funding programs: Two-step evaluation, instant funding, and one-step evaluation.

Finotive Funding’s straightforward trading rules, variety of funding programs, and commitment to realistic trading objectives position it as an industry-leading proprietary trading firm. Recommended for those seeking a prop firm with excellent conditions, Finotive Funding caters to diverse trading styles.