placeholder

Overview of Finotive Funding Forex Prop Firm

TheTrustedProp
Date: May 11, 2024

In the fast-paced world of financial markets, having access to ample capital can make all the difference for traders aiming to make a name for themselves. Finotive Funding, led by CEO Oliver Newland, is a company that has been offering a unique opportunity to traders since its establishment in 2021. In this article, we'll delve into the details of Finotive Funding, its challenges, account sizes, and the advantages it provides to aspiring traders.

Company Details

  • Name: Finotive Funding
  • Legal Name: Finotive Funding Kft
  • CEO: Oliver Newland
  • Started in: 2021
  • Registered at: Honvéd utca 8. 1st floor, 1054 Budapest, Hungary.

Challenge Details

Three Phase Challenge

Phase 1

  • Profit Target: 7.5%
  • Duration: Unlimited
  • Objectives:
    • Less than 10% equity drawdown
    • Less than 5% daily drawdown

Phase 2

  • Profit Target: 5.0%
  • Duration: Unlimited
  • Objectives:
    • Less than 10% equity drawdown
    • Less than 5% daily drawdown

Funded

  • Profit Split: Up to 95/5%
  • Duration:
  • Objectives:
    • Less than 10% equity drawdown
    • Less than 5% daily drawdown

One Step Evaluation

  • Profit Target: 10.0%
  • Duration: Unlimited
  • Objectives:
    • Less than 7.5% equity drawdown
    • Less than 4.0% daily drawdown

Funded

  • Profit Split: Up to 95/5%
  • Duration:
  • Objectives:
    • Less than 7.5% equity drawdown
    • Less than 4.0% daily drawdown

Account Sizes

  • $2,500
  • $5,000
  • $10,000
  • $25,000
  • $50,000
  • $100,000
  • $200,000

Other Details

Kickstart Your Trading Career with Finotive

Finotive Funding provides an opportunity for retail traders to expedite their capital growth, allowing them to generate substantial monthly returns. CEO Oliver Newland's goal is to remove the hurdle of limited capital that often hinders aspiring full-time traders.

Instant Funding

Finotive Funding now offers Instant Funding, enabling traders to bypass the traditional 2-phase evaluation process. With Instant Funding, profits can be withdrawn or saved toward an account scaling target, and withdrawals can be made weekly, directly from the Dashboard.

Account Scaling

Funded Traders at Finotive have the option to scale their accounts, with funding opportunities reaching up to $3.2 million. This opens up the possibility for traders to work with capital akin to that of professional traders. The specific requirements and details can be found in the Terms and Conditions.

Automated Trading

For those who prefer automated trading, Finotive Funding allows the use of Expert Advisors (EAs) on all accounts, offering flexibility in trading strategies.

Platform Tools

Finotive Funding has partnered with Finotive Markets LLC, a brokerage known for fast execution and tight spreads. They offer 24/7 crypto trading and utilize the popular MetaTrader 5 trading platform. Traders will have access to a personal Dashboard for real-time monitoring of their trading data, helping them stay within drawdown rules and track various parameters such as Trading Days.

Advantages with Finotive Markets

Finotive Markets LLC stands out for its razor-thin spreads and ultra-low latency across all instruments, thanks to data streams from institutional liquidity providers.

 

In conclusion, Finotive Funding offers a unique opportunity for traders to access capital and fast-track their journey in the financial markets. With its various account sizes, flexible evaluation processes, and partnership with Finotive Markets LLC, it presents a compelling option for traders seeking growth and success in their trading careers.

FAQs

Yes! Traders at Finotive Funding have no weekend holding restrictions, and with the introduction of Finotive Markets, traders can engage in 24/7 crypto trading.

Finotive Funding doesn't impose limits on maximum lot sizes, allowing traders to trade up to the broker's maximum, which varies by instrument. There are also no restrictions on the number of open positions.

Instant Funding at Finotive Funding enables traders to access their profits quickly without going through a lengthy evaluation process, providing more flexibility in managing their trading capital.

To scale your account, you can refer to the detailed Scaling Plan and specific requirements outlined in the Terms and Conditions on the Finotive Funding website.

The primary objective of the Three Phase Challenge at Finotive Funding is to achieve a specified profit target while keeping equity drawdown and daily drawdown within certain limits, ensuring responsible and sustainable trading practices.

Comments