In this article, we will conduct an overarching and streamlined comparison between Finotive Funding and Funded Trading Plus. We will provide a general overview of these two proprietary trading firms and their offerings to forex traders globally.
Company Details
Finotive Funding
Funded Trading Plus
Incorporation date
April 2021
November 2021
Office Location
Budapest, Hungary
London, UK
Maximum Allocation Capital
3x 200,000
$2,500,000
Finotive Funding and Funded Trading Plus are both reputable and dependable proprietary trading companies. Finotive Funding was established in April 2021, whereas Funded Trading Plus commenced its operations in November 2021. In terms of leadership, Oliver Newland serves as the CEO of Finotive Funding, while Simon Massey leads Funded Trading Plus. While Finotive Funding is based in Budapest, Hungary, Funded Trading Plus is headquartered in London, UK. Regarding maximum allocation capital, Finotive Funding allows traders to manage up to three 200k one-step evaluation accounts, while Funded Trading Plus offers traders the opportunity to handle one-step evaluation accounts worth up to $200,000. It is worth noting that both firms have a scaling plan in place.
Funding Program Options
Funding Program Options
Finotive Funding
Funded Trading Plus
One-step Evaluation
Two-step Evaluation
Instant Funding
Both Finotive Funding and Funded Trading Plus provide funding programs for forex traders on a global scale. Finotive Funding offers a range of evaluation programs, including one-step, two-step, and instant funding options. Meanwhile, Funded Trading Plus also offers a variety of evaluation programs, including one-step, two two-step evaluations, and instant funding.
Now, let’s delve into a detailed comparison of their one-step evaluation programs.
One-step Comparison:
Trading Rules/Objectives
Finotive Funding
Funded Trading Plus
Funded Trading Plus
10%
10%
Daily Drawdown
4%
3%
Overall Drawdown
7.5%
6% (Trailing)
Leverage
1:100 up to 1:400
1:30
Minimum Trading Days
No limit
No limit
Trading Period
No Limit
No Limit
Profit Split
75% up to 95%
80% up to 90%
Now that we have discussed the rules and guidelines of the instant funding programs, let’s delve deeper into the pricing details.
Account Size
Funded Trading Plus
Funded Trading Plus
$2,500
$60
$5,000
$90
$10,000
$120
$12,500
$50,000
$360
$349
$100,000
$600
$499
$200,000
$999
80% up to 90%
Trading Instruments
A crucial aspect to consider when evaluating proprietary trading firms is the range of tradable assets. Here, we’ll outline the types of trading instruments available with Finotive Funding and Funded Trading Plus.
Trading Instrument
Finotive Funding
Funded Trading Plus
Forex pairs
Commodities
Indices
Crypto
Community Feedback
Now, let’s delve into community feedback for Finotive Funding and Funded Trading Plus, specifically focusing on Trustpilot reviews for these proprietary trading firms.
Trustpilot Statistics
Finotive Funding
Funded Trading Plus
Rating
4.3/5
4,9/5
Number of Reviews
280
1,804
In terms of customer feedback, Finotive Funding has received a rating of 4.3/5 from a total of 280 reviews. On the other hand, Funded Trading Plus boasts an impressive rating of 4.9/5 based on a substantial 1,804 reviews. These statistics make it evident that Funded Trading Plus currently enjoys greater popularity as a proprietary trading firm. However, it’s worth noting that Finotive Funding has experienced substantial growth in popularity, attributed to recent updates and improvements in their offerings.
Conclusion
In summary, both Finotive Funding and Funded Trading Plus present attractive options for proprietary trading. We’ve highlighted notable distinctions related to trading rules, pricing, and community feedback. Additionally, there’s variation in their funding program offerings. Finotive Funding provides a range of options, including one-step evaluation, two-step evaluation, and instant funding. In contrast, Funded Trading Plus offers one-step evaluation, two two-step evaluations, and instant funding.
To further enhance your trading experience, we’re pleased to provide exclusive discount codes for each of these firms:
For Finotive Funding:
- Use code “SHINY” for a 5% discount.
- You can also enjoy a 5% increased profit split.
- Take advantage of a 10% discount with the code “FT10.”
These discounts can contribute to a more cost-effective and profitable trading journey with your chosen proprietary trading firm.