| Year Established | 2021 |
|---|---|
| Headquarters | Budapest, Hungary |
| CEO | Oliver Newland |
| Mission | To provide traders with a supportive and flexible trading environment that fosters skill development and financial growth. |
| Funding Models/Programs | Pro Challenge, Classic Challenge, Pro One-step Challenge, One-step Challenge, Standard Instant Funding, Aggressive Instant Funding |
| Account Sizes | $2,500 to $200,000 |
| Profit Splits | Up to 90% |
| Leverage | Up to 400:1 for Challenge and Pro Accounts, up to 100:1 for Instant Funding Accounts |
| Trading Instruments | Forex, Commodities, Indices, Cryptocurrencies, Stocks |
| Trading Fees |
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| Payout Frequency | Monthly |
| Payment Methods | Bank Transfer, Direct Crypto, Revolut, Apple Pay, PayPal (Q3 2024) |
| Restricted Countries | The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. |
| Support Channels | LiveChat, Email, Discord, Telegram (English only) |
| Educational Resources | Blog Articles, Webinars, Mentorship Programs, FAQ |
| Trading Platforms | Proprietary Trading Dashboard, MetaTrader 5 (MT5) |
| Account Currencies | USD |
| Brokers | Finotive Markets |
| Rules | Maximum daily loss, overall loss limits, mandatory stop-loss for some accounts |
| Deposit and Withdrawal Methods | Bank Transfer, Direct Crypto, Revolut, Apple Pay, PayPal (Q3 2024), Finotive Pay |
| Pros |
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| Cons |
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Introduction
Finotive Funding is a proprietary trading firm that provides traders with six different account options, which include two two-step evaluations, two one-step evaluations, and two instant funding programs.
Finotive Funding is developing its own Finotive Markets brokerage to offer traders an optimal trading environment. While working with Finotive Funding, traders can access the markets using the advanced MetaTrader 5 platform.
In this Finotive Funding review, we’ll get into the company’s background, examine the various funding programs they offer, and explore the trading conditions and requirements. We’ll also cover profit splits and payout processes, weigh the pros and cons, analyze broker partnerships and the trading environment, and review the support and resources available to traders. Furthermore, we’ll highlight user experiences and testimonials, provide expert opinion, and conclude with final thoughts and recommendations.
Finotive Funding Company Overview
Finotive Funding, legally known as Finotive Group Kft, was incorporated on April 23, 2021. Headquartered in Budapest, Hungary, the firm is managed by CEO Oliver Newland.
Finotive Funding was founded with the vision to revolutionize prop trading. The firm has developed Finotive Markets, a partnered brokerage to provide the best market conditions for its traders, and Finotive Pay, an integrated global payroll solution for traders. Additionally, Finotive Funding 2.0 launched the next version of its dashboard, introducing a beautiful new design.
Finotive Funding encourages traders to excel in their careers by expecting discipline and effective risk management. Traders have the opportunity to manage account sizes up to $200,000 and receive up to 100% profit splits. This can be achieved through trading various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.
Key Highlights
- Headquarters: Budapest, Hungary
- Year Established: 2021
- Mission: To revolutionize proprietary trading by offering comprehensive support and optimal trading conditions.
- Vision: To foster disciplined and proficient traders through advanced tools and resources.
In the next sections, we will explore the specific services and opportunities provided by Finotive Funding.
Finotive Funding Programs
Finotive Funding offers a variety of funding programs tailored to different trading styles and levels of experience. The firm provides six distinct account types, divided into Pro Challenge, One-step Challenge, and Instant Funding programs. Each type has specific requirements and benefits, allowing traders to choose the program that best suits their needs.
Pro Challenge
Pro Challenge accounts follow a two-step evaluation process:
Challenge Account:
- Step 1: Traders must achieve a specific profit target while adhering to risk management rules.
- Step 2: Once Step 1 is successfully completed, traders move to Step 2, where they need to meet another profit target with continued adherence to risk management rules.
- Best for: Traders who prefer a structured and comprehensive evaluation process, ensuring they can demonstrate consistent performance and risk management over time. Ideal for those who are confident in their trading abilities and prefer a gradual approach to securing funding.
Finotive Pro Account:
- Step 1: Designed for traders seeking a more challenging evaluation with higher potential rewards, requiring the achievement of a specific profit target while following risk guidelines.
- Step 2: After completing Step 1, traders must meet another profit target with consistent risk management.
- Best for: Traders aiming for higher profit shares and additional benefits such as a monthly salary, suitable for those confident in their ability to achieve larger gains while managing risk effectively.
One-step Challenge
One-step Challenge accounts streamline the evaluation process to a single step:
Challenge Account:
- Requires traders to achieve a single profit target while following risk management rules.
- Best for: Traders who prefer a quicker path to funding and are confident in their ability to meet profit targets in a shorter evaluation period. Suitable for those who want to fast-track their access to capital and are comfortable with immediate performance expectations.
Finotive Pro Account:
- Similar to the Challenge Account but with additional benefits such as higher profit shares and a monthly salary.
- Best for: Traders with an aggressive trading style who can generate significant returns quickly, ideal for those who thrive under pressure and are willing to take on higher risk for potentially higher rewards.
Instant Funding
Instant Funding accounts provide immediate access to capital without an evaluation phase:
Standard Instant Funding:
- Offers traders immediate access to live funds. Traders must adhere to predefined risk management rules to maintain their funded status.
- Best for: Experienced traders who are confident in their ability to manage risk and generate profits from the outset. This program is ideal for those with a proven track record of successful trading who want to start trading with live funds immediately.
Aggressive Instant Funding:
- Provides immediate funding with higher profit targets, designed for traders with a higher risk appetite.
- Best for: Traders who seek immediate access to significant capital and are adept at managing substantial risks for higher returns.
By offering these diverse funding programs, Finotive Funding ensures that traders of all styles and experience levels have access to opportunities that align with their trading goals and risk tolerance.
Pro Challenge (Two-step Evaluation)
The Pro Challenge offers traders the opportunity to manage account sizes ranging from $50,000 to $200,000. This program follows a structured two-step evaluation process to ensure traders can consistently demonstrate their trading skills and adhere to risk management rules.
Evaluation Phases:
- Phase 1: Achieve a 7.5% profit target without surpassing a 5% daily or 10% overall loss limit.
- Phase 2: Achieve a 5% profit target with the same risk parameters.
The Pro Challenge is ideal for traders who prefer a comprehensive and gradual approach to securing funding. This program suits traders who are confident in their trading abilities and can consistently manage risk. The two-step process allows traders to demonstrate their skills over a more extended period, which is beneficial for those who value a structured path to proving their proficiency. This program is particularly suitable for traders seeking significant funding and are willing to undergo a thorough evaluation to showcase their trading consistency and risk management.
Classic Challenge (Two-step Evaluation)
The Classic Challenge allows traders to manage account sizes from $2,500 to $200,000 through a structured two-step evaluation process designed to identify profitable traders who can manage risk effectively.
Evaluation Phases:
- Phase 1: Achieve a 7.5% profit target without surpassing a 5% daily or 10% overall loss limit.
- Phase 2: Achieve a 5% profit target while maintaining the same risk parameters.
The Classic Challenge is best suited for traders who prefer a structured evaluation but with more flexible account size options compared to the Pro Challenge. This program is ideal for both new and experienced traders who want to prove their trading skills gradually while managing smaller or larger account sizes based on their preference and experience. The two-step process ensures a thorough evaluation of the trader’s consistency and risk management abilities.
Pro One-step Challenge
The Pro One-step Challenge offers traders the chance to manage account sizes from $50,000 to $200,000 with a single-step evaluation, including higher potential rewards and benefits like a monthly salary.
Evaluation:
- Achieve a 10% profit target without surpassing a 4% daily or 7.5% overall loss limit.
This program is ideal for traders who prefer a faster evaluation process and are confident in their ability to meet higher profit targets quickly. The Pro One-step Challenge suits those looking for substantial funding and additional benefits such as a monthly salary. This program is particularly beneficial for traders who can perform under pressure and demonstrate their trading skills and risk management in a shorter timeframe.
One-step Challenge
The One-step Challenge provides traders with the opportunity to manage account sizes from $2,500 to $200,000, focusing on a single evaluation phase to reach the funding stage.
Evaluation:
- Achieve a 10% profit target without surpassing a 4% daily or 7.5% overall loss limit.
The One-step Challenge is best for traders who seek a quicker path to funding and can demonstrate their trading skills rapidly. This program is suitable for traders who want to fast-track their access to capital and are comfortable with immediate performance expectations. It offers flexibility in account sizes, making it appealing to both new and seasoned traders looking for a swift evaluation process.
Standard Instant Funding
The Standard Instant Funding program allows traders to start with live funds immediately, managing account sizes from $2,500 to $100,000.
Funding:
- Immediate access to funds with a 5% daily and 8% overall maximum loss limit.
This program is perfect for experienced traders confident in their ability to manage risk and generate profits from the outset. It is ideal for those with a proven track record of successful trading who want to start trading with live funds immediately. The Standard Instant Funding program provides immediate capital, bypassing the evaluation phases, which is beneficial for traders ready to trade live without delay.
Aggressive Instant Funding
The Aggressive Instant Funding program offers traders immediate access to significant capital, ranging from $2,500 to $100,000, with higher profit targets.
Funding:
- Immediate access with a 10% daily and 16% overall maximum loss limit.
This program is best to traders with a higher risk appetite seeking immediate access to substantial capital. It is suitable for those who can manage high-risk scenarios and aim for higher returns. Traders confident in their ability to handle larger risks and generate significant profits quickly will find this program particularly appealing. The Aggressive Instant Funding program is designed for those who thrive under high-stakes conditions and are ready to trade live funds immediately.
Finotive Funding Trading Conditions and Requirements
Finotive Funding’s trading conditions and requirements offer considerable flexibility and high leverage, which can appeal to various trading strategies and styles. The absence of mandatory stop-loss for Challenge and Finotive Pro Accounts gives experienced traders more freedom to implement their strategies, while the mandatory stop-loss for Instant Funding Accounts ensures risk is managed effectively. The wide range of tradable instruments and the ability to trade during news events provide ample opportunities for traders to capitalize on market movements. However, traders should carefully consider the drawdown limits and leverage to manage their risk effectively.
Leverage
Finotive Funding offers high leverage options for traders:
- Challenge and Finotive Pro Accounts: Up to 400:1 leverage.
- Instant Funding Accounts: Up to 100:1 leverage.
Trading Instruments
Traders can access a broad range of trading instruments, including:
- Forex: Major, minor, and exotic currency pairs.
- Commodities: Gold, silver, oil, etc.
- Indices: Global stock indices.
- Cryptocurrencies: Popular digital assets.
- Stocks: Major global stocks.
Specific Rules
- Stop-Loss Requirements:
- Challenge and Finotive Pro Accounts: No mandatory stop-loss.
- Instant Funding Accounts: Mandatory stop-loss required.
- Drawdown Limits:
- Challenge Accounts: 5% daily and 10% overall.
- Finotive Pro Accounts: 4% daily and 7.5% overall.
- Instant Funding Accounts: 5% or 10% daily and 8% or 16% overall.
Trading Days
- No minimum trading days are required for any accounts.
- Traders can hold positions over the weekend and trade during news events, though there are restrictions on specific high-frequency trading methods.
Finotive Funding Profit Splits and Payment Methods
Finotive Funding stands out with its high-profit splits and versatile payment methods, enhancing trader satisfaction and flexibility. The combination of competitive profit sharing, frequent payouts, and diverse financial options ensures traders can efficiently manage and access their earnings.
Profit Splits
Finotive Funding offers generous profit splits:
- Challenge and Finotive Pro Accounts: Start at 75%, up to 90%.
- Instant Funding Accounts: Similar high-profit splits.
Payout Frequency
- Monthly Payouts: Regular monthly access to profits.
Payment Methods
Finotive Funding supports multiple payment options for deposits and withdrawals:
Deposits:
- Bank Transfer: Direct to any bank account.
- Direct Crypto: USDT, USDC, BTC, ETH, SOL, processed via third-party exchange.
- Revolut: Direct transfer.
- Apple Pay: Quick and secure deposits.
Withdrawals:
- Bank Transfer: Direct to any bank account.
- Direct Crypto: USDT, USDC, BTC, ETH, SOL, via third-party exchange.
- Revolut: Direct transfer.
- Finotive Pay: Internal payment system.
- PayPal: Available starting Q3 2024.
Unique Payout Features
- High Profit Splits: Up to 90%.
- Multiple Payment Options: Including bank transfers, crypto, and future PayPal integration.
- Flexible Deposit Options: Apple Pay for quick transactions.
Finotive Funding Pros and Cons
Finotive Funding excels with its high-profit splits, flexible account options, and diverse payment methods, making it a strong choice for various traders. However, some trading restrictions and the high targets in certain accounts may pose challenges.
Pros
- High Profit Splits: Up to 90%, which is among the highest in the industry.
- Flexible Rules: No mandatory stop-loss for Challenge and Finotive Pro Accounts.
- Diverse Account Types: Various evaluation options to suit different trading styles and preferences.
- Leverage: High leverage options (up to 400:1 for Challenge and Pro Accounts).
- Wide Range of Instruments: Forex, commodities, indices, cryptocurrencies, and stocks.
- Multiple Payment Methods: Includes traditional and modern options like bank transfer, crypto, Revolut, Apple Pay, and PayPal (starting Q3 2024).
Cons
- Specific Trading Restrictions: Mandatory stop-loss for Instant Funding Accounts.
- High Risk for Instant Funding: Higher drawdown limits may not suit conservative traders.
- Newer Firm: Established in 2021, may not have the long-term track record of more established firms.
- Payout Frequency: Monthly payouts may not be frequent enough for some traders.
- Higher Profit Targets: Particularly in one-step and Pro accounts, which may be challenging for some traders to achieve.
Finotive Funding Broker Partnerships and Trading Environment
Broker
Finotive Funding is partnered with Finotive Markets to provide trading services. This partnership ensures access to high-quality market data and trading conditions.
Trading Platform
- MetaTrader 5 (MT5): Traders utilize the award-winning MT5 platform, known for its advanced charting tools, diverse order types, and robust performance.
Trading Fees
- Spreads: Competitive and razor-thin spreads across various instruments.
- Commissions:
- Challenge Accounts: $4 per round lot.
- Finotive Pro Accounts: $3 per round lot.
- Instant Funding Accounts: $4 per round lot.
- Swaps: Applicable as per market conditions.
Finotive Funding Support and Resources for Traders
Available Support Channels
- LiveChat
- Discord: Join the community channel for real-time support and interaction.
- Telegram: Access the official channel for updates and announcements.
- Support Language: English only.
Educational Resources
- Blog Articles: Covering trading strategies, market trends, and trading psychology.
- Webinars: Regularly scheduled to provide in-depth knowledge and insights.
- Mentorship Programs: Personalized guidance from experienced traders.
- FAQ: A comprehensive FAQ section with answers to the 9 most frequently asked questions.
Finotive Funding provides extensive support and educational resources to help traders enhance their skills and stay updated on market trends.
Finotive Funding User Experiences and Testimonials
Finotive Funding has garnered a “Great” rating on Trustpilot with a score of 4.0 from 485 reviews. This reflects a strong user experience overall, highlighting the firm’s reliability and user satisfaction. The feedback indicates that traders appreciate the high profit splits, flexible funding options, and responsive customer support, though some concerns are noted regarding specific trading restrictions.
Trustpilot Review Summary
- Overall Rating: 4.0 out of 5
- Total Reviews: 485
Common Themes from Reviews
Positive Feedback:
- High Profit Splits: Many users commend the competitive profit sharing, which allows traders to retain a substantial portion of their earnings.
- Fast Withdrawals: Users frequently praise the speed and reliability of the withdrawal process.
- Supportive Customer Service: Numerous reviews highlight the responsiveness and helpfulness of the support team.
- Instant Funding: Traders appreciate the ability to start trading with live funds immediately, bypassing lengthy evaluation phases.
- Flexible Trading Conditions: Users value the flexibility in trading rules, such as the absence of mandatory stop-loss for certain accounts.
Constructive Criticism:
- Trading Restrictions: Some traders mention dissatisfaction with specific restrictions, such as mandatory stop-loss for Instant Funding accounts.
- Evaluation Targets: A few reviews note that the profit targets, especially in the one-step and Pro accounts, can be challenging to achieve.
- Platform Familiarity: A handful of users suggest that newer traders might find the MetaTrader 5 platform complex initially.
The Trustpilot reviews for Finotive Funding demonstrate a generally positive user experience, with particular praise for profit splits, quick withdrawals, and supportive customer service. The firm’s approach to instant funding and flexible trading conditions also receives commendation. However, potential users should be aware of specific trading restrictions and the challenging profit targets in certain accounts.
Finotive Funding Trading Dashboard
Finotive Funding’s proprietary trading dashboard is designed with the trader’s experience in mind, offering a sleek, intuitive interface packed with powerful features. Here’s a detailed expert analysis of its usability:
User-Friendly Interface:
- Ease of Use: The dashboard features a modern and clean design, making it easy to navigate even for beginners. Users can customize the layout, organizing tools and information to suit their trading preferences.
- Navigation: Simple and intuitive, ensuring quick access to trading, analysis, and account management tools.
Advanced Features:
- Real-Time Data: Provides real-time market data, analytics, and performance metrics crucial for making informed trading decisions.
- Order Management: Supports various order types with efficient execution, catering to high-frequency and day traders.
- Customization: Traders can personalize their dashboards with widgets, technical indicators, and other tools that match their trading strategies.
Performance Tracking:
- Detailed Analytics: Offers comprehensive performance analytics, helping traders monitor and optimize their trading strategies.
- Risk Management: Includes tools for setting risk limits and monitoring exposure, ensuring traders can manage their risk effectively.
Educational Resources Integration:
- Tutorials and Guides: Easy access to educational materials such as webinars and articles helps traders improve their skills directly from the dashboard.
- Support Access: Direct access to customer support ensures that traders can get help quickly when needed.
Features from Finotive Pro
- Exclusive Dashboard Features: Enhanced analytics, performance tracking, and customizable reports for a more in-depth trading experience.
- Trader Development Programs: Includes mentorship and advanced trading courses.
- Innovative Tools: Access to unique tools and indicators not available on standard accounts.
Finotive Funding’s proprietary trading dashboard excels in providing a user-friendly and feature-rich environment. With its advanced features, real-time data, detailed analytics, and integrated educational resources, it caters to both novice and experienced traders. The platform’s focus on customization and efficient order management ensures that traders have all the tools they need to succeed in a dynamic market environment.
Expert Opinion
Finotive Funding stands out in the proprietary trading firm landscape with its high-profit splits, flexible account options, and comprehensive support resources. The proprietary trading dashboard, coupled with advanced analytics and real-time data, provides a robust trading environment. The diverse funding programs cater to different trading styles and experience levels, making it accessible and attractive to a wide range of traders.
Summary of Key Points
- High Profit Splits: Up to 90%, among the highest in the industry.
- Flexible Funding Programs: Various evaluation options to suit different trading styles.
- Advanced Trading Dashboard: User-friendly, customizable, and feature-rich.
- Comprehensive Support and Resources: Includes educational materials, mentorship programs, and responsive customer support.
- Diverse Payment Methods: Multiple options for deposits and withdrawals.
Program Summaries
- Pro Challenge (Two-step Evaluation): Requires two phases to achieve profit targets of 7.5% in phase one and 5% in phase two, offering up to 100% profit splits and a monthly salary.
- Classic Challenge (Two-step Evaluation): Similar to the Pro Challenge but with profit splits up to 95%.
- Pro One-step Challenge: Single-phase evaluation with a 10% profit target, offering up to 100% profit splits and a monthly salary.
- One-step Challenge: Single-phase evaluation with a 10% profit target, offering up to 95% profit splits.
- Standard Instant Funding: Direct funding without evaluation, offering profit splits from 55% to 75%.
- Aggressive Instant Funding: Direct funding with higher risk, offering profit splits from 60% to 75%.
Finotive Funding is a reputable and trustworthy proprietary trading firm providing traders with six funding programs, catering to various trading styles and experience levels. The firm’s high-profit splits, comprehensive support, and advanced trading dashboard make it an excellent choice for traders looking to maximize their trading potential. Whether you’re a novice or an experienced trader, Finotive Funding offers a robust and flexible platform to support your trading journey. Highly recommended for those seeking competitive trading conditions and substantial profit opportunities.
