Finotive Funding Review
Finotive Funding, founded by Oliver Newland, recognizes that accessing capital is often the primary barrier for retail traders aiming to become full-time traders. Newland’s vision is to establish a systematic approach that enables retail traders globally to grow their capital effectively, thereby empowering them to achieve substantial returns on their investments.
numerous benefits to aid your trading journey and ensure success.
Pros +
+ Great Trustpilot Rating of 4.2/5
+ Six Unique Funding Programs
+ Free Trial
+ Professional Trader Dashboard
+ A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies)
+ Leverage up to 1:400
+ No Minimum & Maximum Trading Day Requirements
+ Scaling Plan
+ First Payout Upon Making a Profit
+ Profit Share 55% up to 100% (Depending on Challenge)
+ Monthly Salary on Pro & Pro One-step Challenge
+ Overnight Holding Allowed
+ Weekend Holding & News Trading Allowed
+ Swap-free Accounts
+ Balance-based Drawdown
+ One-time Free Funded Account Negative Balance Redeposit
Cons -
– Consistency Rule on Pro and Pro One-step Challenge
– Risk Rule on Standard & Aggressive Instant Funding
– High Prices for Aggressive Instant Funding
Finotive Funding fosters an environment where traders are encouraged to excel in their careers. The firm expects clients to demonstrate discipline and proficiency in effective risk management practices. Traders have the potential to earn significant profits, with the flexibility to manage account sizes of up to $200,000 and the opportunity to receive up to 100% profit splits. They can achieve this by trading a diverse range of financial instruments such as forex pairs, commodities, indices, and cryptocurrencies.
Who are Finotive Funding?
Finotive Funding, legally known as Finotive Group Kft, is a proprietary trading firm incorporated on April 23, 2021, based in Budapest, Hungary. The firm is led by CEO Oliver Newland. Finotive Funding offers traders a range of account types and evaluation programs, including options for instant funding, as they develop their own brokerage under Finotive Markets.
The headquarters of Finotive Funding are situated at Honvéd utca 8, 1st floor, 1054 Budapest, Hungary.
Funding program options
Finotive Funding provides its traders with six unique funding program options:
Funding Programs
Pro Challenge: This program is designed for traders aiming to manage account sizes ranging from $50,000 to $200,000. Traders must meet specific profit targets and adhere to maximum daily and overall loss limits during a two-step evaluation process. Successful completion of the evaluation phases leads to a funded account with profit splits ranging from 75% to 100%.
– Account Sizes: $50,000 to $200,000
– Evaluation Phases: Two phases with profit targets of 7.5% (Phase 1) and 5% (Phase 2)
– Leverage: Up to 1:400
– Currencies: USD, EUR, GBP
– Cost: Standard prices range from $550 to $1,600; Swap-free prices range from $750 to $1,900
– Profit Split: 75% to 100% based on profit, plus 1% monthly salary
– Maximum Daily Loss: 5%
– Maximum Loss: 10%
– Withdrawals: No minimum, weekly basis after initial payout
– Scaling Plan: Profit targets range from 8% to 13%, scaling phases correspond to specific profit amounts
Classic Challenge: Similar to the Pro Challenge, the Classic Challenge targets traders seeking to manage account sizes ranging from $2,500 to $200,000. It follows a two-step evaluation process with profit targets and loss limits. Funded accounts are awarded with profit splits ranging from 75% to 95%.
– Account Sizes: $2,500 to $200,000
– Evaluation Phases: Two phases with profit targets of 7.5% (Phase 1) and 5% (Phase 2)
– Leverage: Up to 1:400
– Currencies: USD, EUR, GBP
– Cost: Standard prices range from $50 to $950; Swap-free prices range from $60 to $1,100
– Profit Split: 75% to 95% based on profit
– Maximum Daily Loss: 5%
– Maximum Loss: 10%
– Withdrawals: No minimum, weekly basis after initial payout
– Scaling Plan: Profit targets range from 8% to 16%, scaling phases correspond to specific profit amounts
Pro One-step Challenge: This challenge streamlines the evaluation process into a single step, allowing traders to manage account sizes from $50,000 to $200,000. Traders must meet a profit target while adhering to maximum daily and overall loss limits. Funded accounts come with profit splits ranging from 75% to 100%.
– Account Sizes: $50,000 to $200,000
– Evaluation Phase: Single phase with a profit target of 10%
– Leverage: Up to 1:400
– Currencies: USD, EUR, GBP
– Cost: Standard prices range from $600 to $2,000; Swap-free prices range from $800 to $2,300
– Profit Split: 75% to 100% based on profit, plus 1% monthly salary
– Maximum Daily Loss: 4%
– Maximum Loss: 7.5%
– Withdrawals: No minimum, weekly basis after initial payout
– Scaling Plan: Profit targets range from 8% to 13%, scaling phases correspond to specific profit amounts
One-step Challenge: Similar to the Pro One-step Challenge, this program condenses the evaluation into a single step for traders managing account sizes from $2,500 to $200,000. Profit targets and loss limits apply, and funded accounts offer profit splits ranging from 75% to 95%.
– Account Sizes: $2,500 to $200,000
– Evaluation Phase: Single phase with a profit target of 10%
– Leverage: Up to 1:400
– Currencies: USD, EUR, GBP
– Cost: Standard prices range from $60 to $1,140; Swap-free prices range from $72 to $1,320
– Profit Split: 75% to 95% based on profit
– Maximum Daily Loss: 4%
– Maximum Loss: 7.5%
– Withdrawals: No minimum, weekly basis after initial payout
– Scaling Plan: Profit targets range from 8% to 16%, scaling phases correspond to specific profit amounts
Standard Instant Funding: This option enables traders to bypass the evaluation process entirely and start trading immediately with account sizes ranging from $2,500 to $100,000. Traders must adhere to maximum daily and overall loss limits. Profit splits range from 55% to 75%.
– Account Sizes: $2,500 to $100,000
– No Evaluation Phase: Immediate funded account
– Leverage: Up to 1:100
– Currencies: USD, EUR, GBP
– Cost: Standard prices range from $115 to $2,500; Swap-free prices range from $145 to $2,740
– Profit Split: 55% to 75% based on profit
– Maximum Daily Loss: 5%
– Maximum Loss: 8%
– Stop-loss Required: Yes
– Risk Rule: Limit of 2.5% of previous day’s closing balance
– Scaling Plan: Profit targets range from 8% to 16%, scaling phases correspond to specific profit amounts
Aggressive Instant Funding: Similar to Standard Instant Funding, this program allows traders to start trading immediately with account sizes ranging from $2,500 to $100,000. However, it comes with higher maximum daily and overall loss limits. Profit splits range from 60% to 75%.
– Aggressive Instant Funding:
– Account Sizes: $2,500 to $100,000
– No Evaluation Phase: Immediate funded account
– Leverage: Up to 1:100
– Currencies: USD, EUR, GBP
– Cost: Aggressive prices range from $200 to $6,350; Swap-free prices range from $255 to $6,680
– Profit Split: 60% to 75% based on profit
– Maximum Daily Loss: 10%
– Maximum Loss: 16%
– Stop-loss Required: Yes
– Risk Rule: Limit of 2.5% of previous day’s closing balance
– Scaling Plan: Profit targets range from 16% to 32%, scaling phases correspond to specific profit amounts
Proof of Payment
Upon achieving funded status through challenges like Pro Challenge, Classic Challenge, Pro One-step Challenge, One-step Challenge, Standard Instant Funding, or Aggressive Instant Funding, traders can receive their initial payout immediately upon generating profit. Subsequently, payouts are available every 7 days if the trader exceeds the initial account size. Profit splits are competitive, ranging from 75% to 100%, with additional monthly salary based on performance for Pro Challenge and Pro One-step Challenge participants. Classic Challenge and One-step Challenge participants enjoy profit splits ranging from 75% to 95%, while Standard and Aggressive Instant Funding offer splits from 55% to 75%.
For proof of payments and trader testimonials, Finotive Funding is well-documented across various platforms such as Trustpilot, where traders share their experiences and successful payout processes. Additional evidence can be found on Finotive Funding’s Discord channel and Instagram page, showcasing payout certificates from top-performing traders.
Explore examples of payout certificates and payment proof in the accompanying images.”
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Conclusion
In conclusion, Finotive Funding stands out as a reputable proprietary trading firm offering a selection of six distinct funding programs: Pro Challenge and Classic Challenge, both comprising a two-step evaluation process; Pro One-step Challenge and One-step Challenge, which are single-step evaluations; and Standard Instant Funding and Aggressive Instant Funding, direct funding programs.
The Pro Challenge at Finotive Funding involves a rigorous two-step evaluation culminating in traders managing a funded account, earning profit splits ranging from 75% to 100%, alongside a monthly salary. Achieving success requires hitting profit targets of 7.5% in phase one and 5% in phase two, with adherence to a 5% maximum daily and 10% maximum loss rule. There are no minimum or maximum trading day requirements during evaluation, allowing traders to trade at their own pace. Notably, the Pro Challenge incorporates a scaling plan, facilitating potential increases in the initial account balance.
Similarly, the Classic Challenge follows a two-step evaluation process, aiming for profit splits between 75% and 95%. Traders need to reach profit targets of 7.5% in phase one and 5% in phase two, with trading parameters mirroring those of the Pro Challenge.
The Pro One-step Challenge and One-step Challenge streamline the evaluation to a single phase, with profit splits ranging from 75% to 100% and 75% to 95%, respectively. Profit targets of 10% must be achieved, with daily maximums of 4% and 7.5% for each challenge.
For traders opting for immediate entry, Finotive Funding offers Standard Instant Funding and Aggressive Instant Funding. Standard Instant Funding provides profit splits between 55% and 75%, with no profit targets but adhering to a 5% maximum daily and 8% maximum loss rule. Aggressive Instant Funding offers profit splits of 60% to 75%, with a daily maximum of 10% and maximum loss of 16%.
I recommend Finotive Funding to individuals seeking a reputable proprietary trading firm that accommodates diverse trading styles. Their offerings include unique features such as unlimited trading periods, no minimum trading day requirements, and immediate access to withdrawals post-funding. With its comprehensive range of programs catering to various trader preferences, Finotive Funding solidifies its position as a leading prop firm in the industry making it an excellent choice for traders worldwide.
Alpha Capital Group Details
Trading Platforms
Deposit Methods
Visa, Crypto, Apple Pay
Withdrawal Methods
Crypto, Finotive Pay
Account Size
$10.000, $25.000, $50.000, $100.000, $200.000, $5.000, $2.500
Tradable Instruments
Commodities, Forex, Indices, Crypto, Metals
Rules
Consistency Rule, Maximum Daily Loss, Maximum Loss, Profit Target, Risk Rule, Stop-Loss Required
Brokers
Finotive Markets
Account Currencies
EUR, GBP, USD
Trading Programs
Instant Funding, One-step Challenge, Two Step Challenge
Incorporation
April 2021
CEO
Oliver Newland
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