Finotive Funding Review
Finotive Funding is a proprietary trading firm legally registered as Finotive Group Kft, established on April 23, 2021. Based in Budapest, Hungary, the company is led by CEO Oliver Newland. Finotive Funding offers traders a selection of six account types, including two two-step evaluations, two one-step evaluations, and two instant funding programs, all while expanding their own Finotive Markets brokerage.
- Platforms for Prop Trading: Match Trader, cTrader, TradingView
- Participation cost: from $50
- Available capital for management: from $5,000 to $100,000
- Six Distinct Funding Programs
- Complimentary Trial
- Professional Trader Interface
- Wide Range of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies)
- Leverage up to 1:400
- No Minimum or Maximum Trading Day Requirements
- Scaling Plan Available
- First Payout After Generating Profit
- Profit Share Ranging from 55% to 100% (Depending on the Challenge)
- Monthly Salary for Pro & Pro One-Step Challenge Participants
- Overnight Holding Permitted
- Weekend Holding & News Trading Permitted
- Swap-Free Accounts
- Balance-Based Drawdown Mechanism
- One-Time Free Funded Account Negative Balance Redeposit
Go to the Finotive Funding website >>>
Expert Advisors Suitable for this Prop Firm:
Finotive Funding Programs
Finotive Funding aims to empower traders to excel in their careers. The firm primarily seeks disciplined individuals skilled in effective risk management. Traders can achieve significant profits, with the potential to manage account sizes up to $200,000 and receive profit splits of up to 100%. This is possible by trading a variety of financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.
Pro Challenge Finotive Funding
Finotive Funding rules:
Profit Target – To successfully complete an evaluation phase, withdraw profits, or scale up their trading account, traders need to meet a specific profit percentage. The target for Phase 1 is set at 7.5%, while Phase 2 requires a 5% profit target. For funded accounts, the quarterly profit target is 5%.
Maximum Daily Loss – This limit specifies the maximum amount a trader can lose in a single day without violating the account rules. All account sizes are subject to a 5% maximum daily loss limit.
Maximum Loss – This defines the total amount a trader can lose before breaching the account. The maximum loss limit is 10% for all account sizes.
Consistency Rule – Traders are required to demonstrate consistency in various factors such as position sizes, risk management, and overall performance. Significant fluctuations in account results should be avoided. The primary metrics for this rule are the number of trades and the volume traded across different financial instruments.
Participation cost:
- $50,000 - $550
- $100,000 - $850
- $200,000 - $1,600
The Pro Challenge by Finotive Funding offers traders the chance to manage accounts ranging from $50,000 to $200,000. This challenge aims to find skilled traders who can consistently generate profits and manage risk during a two-step evaluation process. With the Pro Challenge, traders can use leverage up to 1:400 and choose their account currency from USD, EUR, and GBP.
In the first evaluation phase, traders must achieve a 7.5% profit target without exceeding a 5% maximum daily loss or a 10% maximum loss. There are no minimum or maximum trading day requirements during this phase. To advance to the second phase, traders need only to reach the 7.5% profit target while adhering to the loss limits.
The second evaluation phase requires traders to hit a 5% profit target, again without breaching the 5% maximum daily loss or 10% maximum loss rules. Similar to phase one, there are no time constraints regarding trading days. Reaching the 5% profit target without violating the loss limits qualifies traders for a funded account.
Upon successfully completing both phases, traders receive a funded account with no minimum withdrawal requirements. They must maintain adherence to the 5% maximum daily loss and 10% maximum loss rules. The first payout can be made on the first day if profits are generated, and subsequent withdrawals can be made weekly. The profit split ranges from 75% to 100%, depending on the trader's performance, and includes a monthly salary of 1% of the account size. To retain Pro Account status for the next three months, traders must achieve a quarterly profit target of 5%. If the target is not met, the account is downgraded to a standard Classic Account, but the trader retains their account.
The Pro Challenge also features a scaling plan that allows traders to increase their account size upon reaching specific profit targets. However, when scaling up, traders must forfeit their current profits to move to the next account level.
Here is the breakdown of account scaling:
| Account Size | Phase 1 | Phase 2 | Phase 3 | Phase 4 | Phase 5 | Phase 6 |
|---|---|---|---|---|---|---|
| $50,000 | $85,000 | $145,000 | $246,000 | $418,000 | $710,000 | $1,207,000 |
| $100,000 | $170,000 | $289,000 | $491,000 | $835,000 | $1,420,000 | - |
| $200,000 | $340,000 | $578,000 | $983,000 | $1,670,000 | - | - |
Profit Targets and Profit Splits:
- Profit Targets: Phase 1: 8%, Phase 2: 9%, Phase 3: 10%, Phase 4: 11%, Phase 5: 12%, Phase 6: 13%
- Profit Splits: Phase 1: 75%, Phase 2: 80%, Phase 3: 85%, Phase 4: 90%, Phase 5: 95%, Phase 6: 95%
Example:
For a $100,000 funded account, the profit target is 8%.
- Week 1: Generate a profit of 4%.
- Week 2: Generate a profit of 7%.
With a total profit of 11% over the two weeks, the account qualifies for scaling as it exceeds the 8% profit target. Traders can withdraw the excess 3% profit before requesting to scale the account with the remaining 8% profit.
Classic Challenge Finotive Funding
Finotive Funding rules:
Profit Target – Traders need to hit a specific profit percentage to successfully complete an evaluation phase, withdraw earnings, or increase their trading account size. For Phase 1, the profit target is 7.5%, while Phase 2 requires a 5% profit target. Funded accounts have a quarterly profit target of 5%.
Maximum Daily Loss – This rule limits the maximum amount a trader can lose in a single trading day without violating the account. All account sizes are subject to a maximum daily loss limit of 5%.
Maximum Loss – This rule sets the total amount a trader can lose before the account is breached. All account sizes have a maximum overall loss limit of 10%.
Consistency Rule – Traders must demonstrate consistency in various aspects, such as position sizes, risk management, losses, and gains. The account results should not show significant variations. The primary metrics for this rule include the number of trades and the volume traded across different instrument classes.
Participation cost:
- $2,500 - $50
- $5,000 - $75
- $10,000 - $100
- $25,000 - $150
- $50,000 - $300
- $100,000 - $500
- $200,000 - $950
Finotive Funding’s Classic Challenge offers traders the chance to manage account sizes from $2,500 to $200,000. This challenge seeks to find skilled traders who can generate profits and manage risk effectively through a two-step evaluation process. With leverage up to 1:400, traders can choose their account funding in USD, EUR, or GBP.
Evaluation Phases
- Phase One: Traders must achieve a 7.5% profit target without exceeding a 5% maximum daily loss or a 10% maximum overall loss. There are no minimum or maximum trading day requirements in this phase. Advancing to phase two requires reaching the 7.5% profit target while staying within the loss limits.
- Phase Two: Traders need to meet a 5% profit target without surpassing the 5% maximum daily loss or the 10% maximum overall loss. Similar to phase one, there are no restrictions on trading days. Achieving the 5% profit target while adhering to the loss limits qualifies traders for a funded account.
Funded Account
Successfully completing both evaluation phases grants traders a funded account with no minimum withdrawal requirements. They must adhere to the 5% maximum daily loss and 10% maximum overall loss rules. The first payout can be requested on the first day of profitability, with subsequent withdrawals allowed weekly. The profit split ranges from 75% to 95%, based on the trader’s performance.
Summary
The Classic Challenge by Finotive Funding enables traders to manage substantial account sizes and use high leverage, providing a rigorous but rewarding evaluation process to identify top trading talent.
The Classic Challenge includes a scaling plan that allows traders to increase their account size upon reaching specific profit targets, depending on the funded account scaling phase. Note that if you choose to scale your account, you must forfeit your current profits.
Example:
For a $100,000 funded account, the profit target is 8%.
- Week 1: Generate a profit of 4%.
- Week 2: Generate a profit of 7%.
With a total profit of 11% over the two weeks, the account qualifies for scaling as it exceeds the 8% profit target. However, since the profit is 3% above the target, you can first withdraw the 3% profit before requesting to scale your funded account with the remaining 8% profit.
Summary
The scaling plan in Finotive Funding's Classic Challenge offers a structured path for traders to grow their account size significantly while maintaining rigorous profit and risk management standards.
Pro One-step Challenge Finotive Funding
Finotive Funding rules:
Profit Target – Traders need to hit a specific profit percentage to successfully complete an evaluation phase, withdraw earnings, or increase their trading account size. For Phase 1, the profit target is 7.5%, while Phase 2 requires a 5% profit target. Funded accounts have a quarterly profit target of 5%.
Maximum Daily Loss – This rule limits the maximum amount a trader can lose in a single trading day without violating the account. All account sizes are subject to a maximum daily loss limit of 5%.
Maximum Loss – This rule sets the total amount a trader can lose before the account is breached. All account sizes have a maximum overall loss limit of 10%.
Consistency Rule – Traders must demonstrate consistency in various aspects, such as position sizes, risk management, losses, and gains. The account results should not show significant variations. The primary metrics for this rule include the number of trades and the volume traded across different instrument classes.
Participation cost:
- $50,000 - $600
- $100,000 - $1,050
- $200,000 - $2,000
The Pro One-step Challenge by Finotive Funding provides traders with the opportunity to manage account sizes ranging from $50,000 to $200,000. This challenge aims to identify disciplined, profitable traders who can effectively manage risk during a one-step evaluation period. Traders can utilize leverage up to 1:400 and choose their account funding in USD, EUR, or GBP.
Evaluation Phase
Traders must achieve a 10% profit target without exceeding a 4% maximum daily loss or a 7.5% maximum overall loss. There are no minimum or maximum trading day requirements during the evaluation phase. To qualify for funded status, traders need to reach the 10% profit target while adhering to the loss limits.
Funded Account
Upon completing the evaluation phase, traders receive a funded account with no minimum withdrawal requirements. They must adhere to the 4% maximum daily loss and 7.5% maximum overall loss rules. The profit split ranges from 75% to 100%, depending on the trader’s performance, and includes a monthly salary of 1% of the account size.
Quarterly Profit Target
To maintain Pro Account status for the next three-month period, traders must achieve a quarterly profit target of 5%. This includes all payouts from the three months. If the quarterly profit target is not met, the trading account is downgraded from Pro to a standard One-step Account, but the trader retains their account.
Summary
Finotive Funding’s Pro One-step Challenge offers a streamlined path for skilled traders to manage significant account sizes, providing a rigorous evaluation process that rewards profitability and disciplined risk management with attractive profit splits and a monthly salary.
The Pro One-step Challenge includes a scaling plan that allows traders to increase their account size upon reaching specific profit targets, determined by the funded account's scaling phase. If you choose to scale your account, you must forfeit your current profits.
Example:
For a $100,000 funded account, the profit target for scaling is 8%.
- Week 1: Generate a profit of 4%.
- Week 2: Generate a profit of 7%.
With a total profit of 11% over two weeks, the account qualifies for scaling as it exceeds the 8% profit target. Since the profit is 3% above the target, you can withdraw the 3% profit first and then request to scale your funded account with the remaining 8% profit.
Summary
The scaling plan in Finotive Funding’s Pro One-step Challenge provides a structured path for traders to grow their account size. This plan rewards successful trading with the opportunity to manage larger accounts, encouraging traders to maintain high performance and effective risk management.
One-step Challenge Finotive Funding
Finotive Funding rules:
Profit Target - Traders must reach a specified profit percentage to successfully complete the evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is set at 10%. Funded accounts do not have any specified profit targets.
Maximum Daily Loss - This rule sets the maximum amount a trader can lose in a single trading day without breaching the account. All account sizes have a maximum daily loss limit of 5%.
Maximum Loss - This rule defines the total amount a trader can lose before breaching the account. All account sizes have a maximum overall loss limit of 7.5%.
Participation cost:
- $2,500 - $60
- $5,000 - $90
- $10,000 - $120
- $25,000 - $180
- $50,000 - $360
- $100,000 - $600
- $200,000 - $1,140
Finotive Funding’s One-step Challenge offers traders the opportunity to manage accounts ranging from $2,500 to $200,000. This challenge aims to identify disciplined, profitable traders who can effectively manage risk during a single evaluation period. Traders can use leverage up to 1:400 and choose their account funding in USD, EUR, or GBP.
Evaluation Phase
To complete the evaluation phase, traders must achieve a profit target of 10% without exceeding a 4% maximum daily loss or a 7.5% overall maximum loss. There are no minimum or maximum trading day requirements during this phase. Successfully reaching the 10% profit target while adhering to the loss limits qualifies traders for funded status.
Funded Account
Upon completing the evaluation phase, traders are awarded a funded account with no minimum withdrawal requirements. Traders must adhere to the 4% maximum daily loss and 7.5% overall maximum loss rules. The first payout can be requested on the first day of profitability, with subsequent withdrawals allowed weekly. The profit split ranges from 75% to 95%, based on the trader’s performance.
Summary
Finotive Funding’s One-step Challenge provides a streamlined path for traders to manage significant account sizes, offering a rigorous evaluation process that rewards profitable and disciplined trading with attractive profit splits and flexible funding options.
The One-step Challenge includes a scaling plan that allows traders to increase their account size upon reaching specific profit targets, determined by the funded account's scaling phase. If you choose to scale your account, you must forfeit your current profits.
Example:
For a $100,000 funded account, the profit target for scaling is 8%.
- Week 1: Generate a profit of 4%.
- Week 2: Generate a profit of 7%.
With a total profit of 11% over two weeks, the account qualifies for scaling as it exceeds the 8% profit target. Since the profit is 3% above the target, you can withdraw the 3% profit first and then request to scale your funded account with the remaining 8% profit.
Summary
The scaling plan in Finotive Funding’s One-step Challenge offers a structured path for traders to grow their account size. This plan rewards successful trading with the opportunity to manage larger accounts, encouraging traders to maintain high performance and effective risk management.
Standard Instant Funding Finotive Funding
Finotive Funding rules:
Maximum Daily Loss: Traders are limited to a maximum loss of 5% of their account size in a single trading day. Exceeding this limit will result in a breach of the account.
Maximum Loss: The overall maximum loss limit for all account sizes is 8%. If this limit is exceeded, the account is considered breached.
Stop-loss Required: Traders must set a stop-loss for each position before initiating a trade. The stop-loss must be placed within two minutes of opening the trade.
Risk Rule: The total risk on all open positions is limited to a specific percentage of the previous trading day’s closed balance. For Standard Instant Funding accounts, the total risk limit is 2.5% of the previous day's closing balance.
Participation cost:
- $2,500 - $115
- $5,000 - $230
- $10,000 - $400
- $25,000 - $630
- $50,000 - $1,260
- $100,000 - $2,500
Finotive Funding’s Standard Instant Funding program allows traders to manage account sizes ranging from $2,500 to $100,000. This program enables traders to bypass the evaluation phase and start earning immediately. Traders can use leverage up to 1:100 and select their account funding in USD, EUR, or GBP.
Key Features
- Immediate Funding: Traders receive a funded account right away, with no minimum withdrawal requirements.
- Risk Management: Traders must adhere to a 5% maximum daily loss and an 8% overall maximum loss.
- Payouts: The first payout can be made on the first day if profits are generated, with subsequent withdrawals allowed weekly.
- Profit Split: Traders receive a profit split ranging from 55% to 75%, based on the profits made on their funded account.
Summary
Finotive Funding’s Standard Instant Funding offers a quick start for traders to manage substantial account sizes without undergoing an evaluation phase. With a focus on disciplined risk management and attractive profit splits, this program is designed for traders ready to begin earning from the outset.
The Standard Instant Funding program includes a scaling plan that allows traders to increase their account size upon reaching specific profit targets, determined by the funded account's scaling phase. If you choose to scale your account, you must forfeit your current profits.
Example:
For a $100,000 funded account, the profit target for scaling is 8%.
- Week 1: Generate a profit of 4%.
- Week 2: Generate a profit of 7%.
With a total profit of 11% over two weeks, the account qualifies for scaling as it exceeds the 8% profit target. Since the profit is 3% above the target, you can withdraw the 3% profit first and then request to scale your funded account with the remaining 8% profit.
Summary
Finotive Funding’s Standard Instant Funding program offers traders the opportunity to manage account sizes ranging from $2,500 to $100,000 without an evaluation phase. With leverage up to 1:100, traders can start earning immediately. The program requires adherence to a 5% maximum daily loss and an 8% overall maximum loss. The profit split ranges from 55% to 75%, and the first payout can be made on the first profitable day, with weekly withdrawals thereafter. Additionally, the scaling plan provides a path for traders to grow their account size by meeting specific profit targets, rewarding successful trading with increased funding opportunities.
Aggressive Instant Funding Finotive Funding
Finotive Funding rules:
Maximum Daily Loss: The maximum amount a trader can lose in a single trading day without breaching the account is set at 10% for all account sizes.
Maximum Loss: The overall maximum loss limit a trader can incur without breaching the account is 16% for all account sizes.
Stop-loss Required: Traders must set a stop-loss for each position before initiating a trade, and this stop-loss must be placed within two minutes of opening the trade.
Risk Rule: The total risk on all open positions is limited to a specific percentage of the previous trading day’s closed balance. For Standard Instant Funding accounts, this total risk limit is 5% of the previous day's closing balance.
Participation cost:
- $2,500 - $200
- $5,000 - $400
- $10,000 - $800
- $25,000 - $1,600
- $50,000 - $2,900
- $100,000 - $6,350
Finotive Funding’s Aggressive Instant Funding program offers traders the chance to manage account sizes ranging from $2,500 to $100,000 without the need for an evaluation phase. This allows traders to start earning immediately. With leverage up to 1:100, traders can choose their account funding in USD, EUR, or GBP.
Key Features
- Immediate Funding: Traders receive a funded account right away, bypassing the evaluation phase.
- Risk Management: Traders must adhere to a 10% maximum daily loss and a 16% overall maximum loss.
- Payouts: The first payout can be requested on the first day of profitability, with subsequent withdrawals allowed weekly.
- Profit Split: Traders receive a profit split ranging from 60% to 75%, depending on the profits made on their funded account.
Summary
Finotive Funding’s Aggressive Instant Funding program provides an immediate start for traders to manage significant account sizes, focusing on disciplined risk management and offering attractive profit splits. This program is ideal for traders ready to begin earning from the outset with no minimum withdrawal requirements.
The Aggressive Instant Funding program includes a scaling plan that allows traders to increase their account size upon reaching specific profit targets, determined by the funded account's scaling phase. If you choose to scale your account, you must forfeit your current profits.
Example:
For a $100,000 funded account, the profit target for scaling is 16%.
- Week 1: Generate a profit of 8%.
- Week 2: Generate a profit of 14%.
With a total profit of 22% over two weeks, the account qualifies for scaling as it exceeds the 16% profit target. Since the profit is 6% above the target, you can withdraw the 6% profit first and then request to scale your funded account with the remaining 16% profit.
Summary
Finotive Funding’s Aggressive Instant Funding program allows traders to manage account sizes ranging from $2,500 to $100,000 without an evaluation phase, enabling them to start earning immediately. With leverage up to 1:100, traders must adhere to a 10% maximum daily loss and a 16% overall maximum loss. The profit split ranges from 60% to 75%, and the first payout can be made on the first profitable day, with weekly withdrawals thereafter. The scaling plan offers traders a structured path to grow their account size by meeting specific profit targets, rewarding successful trading with increased funding opportunities.
The Best Prop Firm passed software are here:
Finotive Funding Review and Our opinion about this Prop Firm
Finotive Funding stands out as a reputable proprietary trading firm that offers traders a selection of six distinctive funding programs. These include the Pro and Classic Challenges, which are two-step evaluations; the Pro One-step and One-step Challenges, which are streamlined single-phase evaluations; and the Standard and Aggressive Instant Funding options that provide direct access to trading funds.
Detailed Program Overviews
- Pro Challenge: This two-step evaluation requires traders to meet profit targets of 7.5% in the first phase and 5% in the second phase to qualify for a funded account, which offers profit splits between 75% and 100%, plus a monthly salary. There are no daily trading minimums or maximums, allowing traders to operate at their own pace. A key feature of the Pro Challenge is its scaling plan, which gives participants the chance to increase their account sizes.
- Classic Challenge: Similar to the Pro Challenge, this program also involves a two-step evaluation with the same profit targets and loss limitations. Successful traders can earn profit splits from 75% to 95%. The Classic Challenge also includes a scaling option to enhance the initial investment.
- Pro One-step Challenge: In this streamlined version, traders need to achieve a 10% profit target in a single phase to manage a funded account with profit splits up to 100% and a monthly salary. It includes a 4% maximum daily and 7.5% maximum total loss allowance, along with a scaling plan for expanding account sizes.
- One-step Challenge: This program mirrors the Pro One-step in structure but offers slightly different profit splits, ranging from 75% to 95%. It maintains the same flexibility and scaling potential, designed for traders who prefer a fast track to funding.
- Standard Instant Funding: Designed for immediate trading without preliminary evaluations, this program offers profit splits between 55% and 75%. It operates under a 5% maximum daily and 8% maximum total loss rule, with the added benefit of a scaling plan to increase initial funding based on trading success.
- Aggressive Instant Funding: Offering the most direct and rapid access to funds, this option allows traders to earn between 60% and 75% in profit splits right from the start. It has more lenient trading objectives with a 10% daily and 16% total maximum loss rule. Like the Standard, it includes a scaling plan for growth opportunities.
Conclusion
Finotive Funding caters to a wide range of traders through its flexible and diverse program structures, which are designed to accommodate various trading styles and preferences. Each program not only offers competitive profit splits and the potential for account scaling but also emphasizes freedom in trading without the constraint of time limits. With options to bypass evaluations and earn from day one, as well as robust support systems such as weekly withdrawals and no minimum trading day requirements, Finotive Funding is ideally positioned as a leading choice for traders globally.
