In this article, we will provide a comprehensive one-step comparison between Finotive Funding and FundedNext, giving you an overview of these two proprietary trading firms and their offerings to forex traders worldwide.
Company Details
Finotive Funding
FundedNext
Incorporation date
April 2021
March 2022
Office Location
Budapest, Hungary
UAE, USA, UK, Bangladesh
Maximum Allocation Capital
3x 200,000
$300,000
Finotive Funding and FundedNext are both reputable and dependable proprietary trading firms. Finotive Funding was established in April 2021, while FundedNext began its operations in March 2022. The leadership of Finotive Funding is under the guidance of CEO Oliver Newland, while FundedNext is led by Abdullah Jayed. These firms operate from different locations, with Finotive Funding having its offices in Budapest, Hungary, and FundedNext headquartered in multiple places, including the UAE, USA, UK, and Bangladesh. Concerning the maximum allocation capital, traders have the opportunity to manage up to three 200k one-step evaluation accounts with Finotive Funding, while FundedNext offers funding options of up to $300,000. Additionally, both proprietary trading firms provide scaling plans to accommodate traders’ needs.
Funding Program Options
Finotive Funding
FundedNext
One-step Evaluation
Two-step Evaluation
Instant Funding
Finotive Funding and FundedNext indeed provide funding programs designed to cater to forex traders worldwide. Finotive Funding offers a range of evaluation programs, including a one-step evaluation, two-step evaluation, and instant funding programs. In contrast, FundedNext offers both a one-step evaluation and a two-step evaluation program. In this comparison, we will focus specifically on the one-step evaluation programs offered by both firms.
One-step Comparison:
Now that we have discussed the rules and guidelines of the instant funding programs, let’s delve deeper into the pricing details.
Trading Instruments
Another crucial factor to consider when comparing proprietary trading firms is the range of trading instruments they offer. Here, we will provide information about the trading instruments available for trading with both Finotive Funding and FundedNext.
Trading Instrument
Finotive Funding
FundedNext
Forex pairs
Commodities
Indices
Crypto
Community Feedback
Community feedback plays a vital role in assessing the reputation and reliability of proprietary trading firms. In this comparison, we will examine feedback from Trustpilot to gauge the experiences and opinions of users regarding both Finotive Funding and FundedNext.
Trustpilot Statistics
Finotive Funding
FundedNext
Rating
4.3/5
4,7/5
Number of Reviews
280
7.059
Finotive Funding currently holds a rating of 4.3/5 based on a total of 280 reviews, whereas FundedNext boasts a higher rating of 4.7/5 from a substantially larger pool of 7,059 reviews. These statistics suggest that FundedNext is the more popular proprietary trading firm at the moment, with a higher overall rating and a significantly larger number of reviews. It’s also worth noting that Finotive Funding has been making strides in popularity thanks to recent updates, which indicates positive developments for the company.
Conclusion
In conclusion, both Finotive Funding and FundedNext present strong options for proprietary trading firms, each with its own unique set of trading rules, pricing structures, and community feedback. Notably, they differ in terms of funding program options, with Finotive Funding offering a variety, including one-step evaluation, two-step evaluation, and instant funding, while FundedNext provides a choice of one-step and two-step evaluations.
To provide added value, we are pleased to offer special discount codes for each of these compared proprietary trading firms:
- Finotive Funding: Enjoy a 5% discount and a 5% increased profit split with the code “SHINY.”
- FundedNext: Benefit from a 5% active discount using the code “SHINY10.”
These discounts can be beneficial for traders considering either of these platforms.
