Details About Finotive Funding
- Legal Name: The legal name of Finotive Funding is Finotive Group Global.
- Company Number: The registration number of Finotive Funding is HE459785.
- Country of Registration: Finotive Funding is registered in CY.
- CEO: The CEO of Finotive Funding is Oliver Newland.
- Support Mail: You can contact Finotive Funding at [email protected].
- Phone: The phone number for Finotive Funding is not publicly available.
- Payment Modes: Finotive Funding supports payments via Crypto, Visa, Credit/Debit Card, Mastercard.
- Withdrawal Modes: Finotive Funding facilitates withdrawals through Crypto, Wire Transfer/ Bank Transfer, Revolut.
- Official Website: Visit the official website of Finotive Funding at https://finotivefunding.com.
- Banned Countries: Finotive Funding does not allow traders from Iran, North Korea, United States.
Challenge Details at Finotive Funding
- Types of Challenge:The challenges offered at Finotive Funding include One Phase Challenge, Two Phase Challenge, Instant Funding.
- Trading Platforms:Finotive Funding supports trading on undisclosed platforms.
- Trading Instruments:Traders at Finotive Funding can trade Forex, Crypto, Metals, Commodities, Indices.
- Broker:The broker associated with Finotive Funding is Finotive Markets.
- Max Allocation:The maximum allocation provided by Finotive Funding is 600,000.
- Scaling:The scaling potential at Finotive Funding reaches up to 1,670,000.
- Trading Competitions:Finotive Funding does not organize trading competitions for traders.
- Free Trials:Finotive Funding offers free trials to its users.
Finotive Funding is a moderately old prop firm which is operating since 2021 and backed by a Broker Finotive Markets with a payout history of over $14 million. Finotive Funding provides three different types of funding programs, With Finotive Funding, in which traders can opt of basic challenge accounts, Instant Funding and also a challenge account where traders get challenge accounts which also provide salary after being funded as well.
Company Information
Company Name : Finotive Funding
Company Legal Name : Finotive Group Global
Company Registration Number : HE459785
Company CEO Name : Oliver Newland
Company Address : Omirou Street 64, Imperium Tower, P.C. 3096, Limassol, Cyprus
Challenge Details:-
Finotive Funding has 3 types of Funding Programs. Finotive Challenge, Instant Funding and Finotive Pro.
Finotive Challenge has 2 types of challenges, One Step Challenge and Two-Step Challenge.
Finotive Challenge Details :
Two-Phase Challenge
This challenge comes with several account size options and corresponding prices:
- $2,500 Account: $35
- $5,000 Account: $59
- $10,000 Account: $99
- $25,000 Account: $199
- $50,000 Account: $299
- $75,000 Account: $399
- $100,000 Account: $499
- $150,000 Account: $599
- $200,000 Account: $849
Rules:
- Profit Target(Phase 1) : 7.5%
- Profit Target(Phase 2) : 5%
- Daily Loss Limit : 5%
- Maximum Loss Limit : 10%
- Leverage: 400:1
- Profit Share: 75%
- Drawdown Type: Static
- Time Limit: Unlimited Trading Days
- Allows Copy Trading: Yes
One-Phase Challenge
For traders who prefer a faster evaluation process, the One-Phase Challenge offers these account sizes:
- $2,500 Account: $45
- $5,000 Account: $74
- $10,000 Account: $119
- $25,000 Account: $229
- $50,000 Account: $349
- $75,000 Account: $499
- $100,000 Account: $549
- $150,000 Account: $849
- $200,000 Account: $1,049
Rules:
- Profit Target: 10%
- Daily Loss Limit: 4%
- Maximum Loss Limit: 7.5%
- Leverage: 400:1
- Profit Share: 75%
- Drawdown Type: Static
- Time Limit: Unlimited Trading Days
- Allows Copy Trading: Yes
Finotive Instant Funding Program:-
For traders looking for immediate capital, Finotive offers both Standard and Aggressive Instant Funding options.
Standard Instant Funding
- $2,500 Account: $99
- $5,000 Account: $199
- $10,000 Account: $349
- $25,000 Account: $675
- $50,000 Account: $1,249
- $75,000 Account: $1,899
- $100,000 Account: $2,399
Rules:
- Daily Loss Limit: 5%
- Maximum Loss Limit: 8%
- Profit Share: 55%
- Leverage: 100:1
- Drawdown Type: Static
- Time Limit: Unlimited Trading Days
- Allows Copy Trading: Yes
Aggressive Instant Funding
This option is for traders ready to take on more risk for greater rewards.
- $2,500 Account: $188
- $5,000 Account: $388
- $10,000 Account: $748
- $25,000 Account: $1,474
- $50,000 Account: $2,648
- $75,000 Account: $3,898
- $100,000 Account: $5,198
Rules:
- Profit Target : None
- Daily Loss Limit: 8%
- Maximum Loss Limit: 16%
- Profit Share: 60%
- Leverage: 100:1
- Drawdown Type: Static
- Time Limit: Unlimited Trading Days
- Allows Copy Trading: Yes
Finotive Pro
Finotive Pro is a premium challenge account where traders can earn a salary after being funded, on top of their profit share.
Finotive Pro One-Step Challenge
- $50,000 Account: $600
- $75,000 Account: $825
- $100,000 Account: $1,050
- $150,000 Account: $1,550
- $200,000 Account: $2,000
Rules:
- Profit Target: 10%
- Daily Loss Limit: 4%
- Maximum Loss Limit: 7.5%
- Leverage: 200:1
- Profit Share: 75% and Up to 100%
- Salary: $500 to $2,000 monthly
- Drawdown Type: Static
- Time Limit: Unlimited Trading Days
- Allows Copy Trading: Yes
Finotive Pro Two-Step Challenge
- $50,000 Account: $550
- $75,000 Account: $725
- $100,000 Account: $850
- $150,000 Account: $1,250
- $200,000 Account: $1,600
Rules:
- Profit Target(Phase 1): 7.5%
- Profit Target(Phase 2): 5%
- Daily Loss Limit: 5%
- Maximum Loss Limit: 10%
- Leverage: 200:1
- Profit Share: 75% and Up to 100%
- Salary: $500 to $2,000 monthly
- Drawdown Type: Static
- Time Limit: Unlimited Trading Days
- Allows Copy Trading: Yes
Scaling Plan :
Finotive Funding offers a scaling plan with which traders can grow their account up to $1,670,000. The scaling plan has been divided into a maximum of 9 phases and in which traders will have to make at least 8% profit and their profit split will remain the same 75%.
In each phase, The profit target for scaling will be increased by 1% and the profit split will be increased up to 95%.
Spreads :
Traders are free to check the spreads by themselves as Finotive Funding Provides an account to see real time spreads
Platform: MT5
Login: 1043
Password: Finotive
Server: FinotiveMarkets-Live
News Trading Rules :
Finotive Funding allows traders to trade during the news in both evaluation and Funded Phase. however they want but News Straddling is not allowed
Other Things to keep in mind:-
How is daily drawdown calculated :
Daily Drawdown offered by Finotive Funding is Equity Based Drawdown which means the drawdown will be calculated based on Balance or Equity whichever is higher at the end of the day. The drawdown will be calculated each day at 23:00 CET.
Countries Banned from Purchasing :
Due to rules and regulations of these countries, Finotive Funding does not offer their services to Residents of the United States, Iran, North Korea and Democratic People's Republic of Korea.
Gambling Rules :
Finotive Funding has marked few trading strategies as Gambling and practicing these strategies can lead to Account Reset, Scapng Rejection, Payout Reduction / Rejection, Leverage, Reduction or worst case scenario would be Account Termination.
. These Strategies are:-
- Revenge Trading
- Over-Leveraging
- All-or-nothing Strategies
- Using majority of your drawdown limit in one trade or more
Strategies that are not allowed :
Finotive Funding also prohibited few trading strategies and these trading strategies can also lead to account termination. These Strategies are as follows:-
- High-Frequency Trading
- Arbitrage
- Straddling Strategies
- Over Exposure
- One-Sided Bets
- Account Rolling
- Reverse Trading
- Hedging across Multiple Accounts
- Using any 3rd Party Account Management Services
- Challenge Passing Services
Payout Methods :
Each Trader will be provided a Finotive Pay account and traders will get their payouts in their Finotive Pay Account and traders can withdraw their payouts from there to bank transfer, crypto, Revolut, and soon PayPal.
Trading Commissions :
Trading Commission set by Finotive Funding is $5 per lot round trip.
Finotive Funding Challenge Account Pricing
Finotive Challenge (One Phase)
Pricing
Size: $2500 ($45)
Size: $5000 ($75)
Size: $10000 ($119)
Size: $25000 ($229)
Size: $50000 ($349)
Size: $75000 ($499)
Size: $100000 ($549)
Size: $150000 ($849)
Size: $200000 ($1049)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
7.5%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
10%
Daily Loss
4%
Finotive Challenge (Two Phase)
Pricing
Size: $2500 ($35)
Size: $5000 ($59)
Size: $10000 ($99)
Size: $25000 ($199)
Size: $50000 ($299)
Size: $75000 ($399)
Size: $100000 ($499)
Size: $150000 ($599)
Size: $200000 ($849)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
10%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
7.5% and 5%
Daily Loss
58%
Finotive Pro (One Step)
Pricing
Size: $50000 ($600)
Size: $75000 ($825)
Size: $100000 ($1050)
Size: $150000 ($1550)
Size: $200000 ($2000)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
7.5%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
10
Daily Loss
4%
Finotive Pro (Two Step)
Pricing
Size: $50000 ($550)
Size: $75000 ($725)
Size: $100000 ($850)
Size: $150000 ($1250)
Size: $200000 ($1600)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
10%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
7.5% and 5%
Daily Loss
5%
Instant Funding (Standard)
Pricing
Size: $2500 ($99)
Size: $5000 ($199)
Size: $10000 ($349)
Size: $25000 ($675)
Size: $75000 ($1249)
Size: $50000 ($1899)
Size: $100000 ($2399)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
8%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
None
Daily Loss
5%
Instant Funding (Aggressive)
Pricing
Size: $2500 ($188)
Size: $5000 ($388)
Size: $10000 ($748)
Size: $25000 ($1474)
Size: $50000 ($2648)
Size: $75000 ($3898)
Size: $100000 ($5198)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
16%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
None
Daily Loss
8%
Frequently Asked Questions
Reviews
This prop firm was not according to my expectations. Spreads are too high and due to which its hard to trade markets. Support on live chat is not available everytime and have to wait for longer to get replies. Overall they never deny payout and have most revolutionary system in prop industry.
Muhammad yousaf Ansar iqbal
Finotive funding is good profirm...There is no hidden rule given weekly payout..Awesome profirm...everyone can trust
Monojeet Singh
I won a free giveaway account from them. Overall a good prop firm with great trading conditions even during news events. Slippage is almost zero. Received 4 payouts also.
Mohd Shehzad Ali
Had nothing but good experiences with them so far. Payouts are processed fast and paid out every Friday. Currently have 2 payouts due for tomorrow. Had a small hickup with max exposure, mistake at my side. My withdrawal was reduced to 20 percent. I thought the max risk was static but it is based off previous day. I went over max exposure by 6, four times in a trading day. One metric to keep a close eye ofln moving forward, but better than a hard breach and loosing the account.
Ijlal Ali Khan Niazi
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