In this article, we will conduct a general and one-step comparison between Finotive Funding and The Funded Trader. Our aim is to provide a comprehensive overview of these two proprietary trading firms, their services, and what they offer to forex traders around the world.
Company Details
Finotive Funding
The Funded Trader
Incorporation date
April 2021
May 2021
Office Location
Budapest, Hungary
Liberty Hill, Texas
Maximum Allocation Capital
3x 200,000
$1,500,000
Finotive Funding and The Funded Trader are both reputable and dependable proprietary trading firms. Finotive Funding was established in April 2021, whereas The Funded Trader commenced its operations in May 2021. In terms of leadership, Oliver Newland serves as the CEO of Finotive Funding, while The Funded Trader is under the leadership of Angelo Ciaramello. Finotive Funding has its offices situated in Budapest, Hungary, while The Funded Trader’s headquarters is located in Liberty Hill, Texas. Additionally, concerning the maximum allocation capital, traders have the opportunity to manage up to three 200k one-step evaluation accounts with Finotive Funding, while The Funded Trader offers the flexibility to manage one-step evaluation accounts of up to $600,000. It’s important to note that both of these proprietary trading firms have implemented scaling plans as part of their offerings.
Funding Program Options
Funding Program Options
Finotive Funding
The Funded Trader
One-step Evaluation
Two-step Evaluation
Instant Funding
Finotive Funding and The Funded Trader provide funding opportunities to forex traders on a global scale. Finotive Funding boasts a range of evaluation programs, including a one-step evaluation, a two-step evaluation, and an instant funding program. In contrast, The Funded Trader specializes in a one-step evaluation and offers three distinct two-step evaluation options. Now, let’s delve into a detailed comparison of their one-step evaluation programs.
One-step Comparison:
Trading Rules/Objectives
Finotive Funding
The Funded Trader
Profit Target
10%
10%
Daily Drawdown
4%
3%
Overall Drawdown
7.5%
6% (Trailing)
Leverage
1:100 up to 1:400
1:10 up to 1:20
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
Finotive Funding
The Funded Trader
$2,500
$60
$5,000
$90
$10,000
$120
$25,000
$180
$189
$50,000
$360
$289
$100,000
$600
$489
$200,000
$1,140
$939
Trading Instruments
Comparing proprietary trading firms involves considering the variety of trading instruments they provide. Here’s a breakdown of the trading options available with both Finotive Funding and The Funded Trader
Trading Instrument
Finotive Funding
The Funded Trader
Forex pairs
Commodities
Indices
Cryptocurrencies
Community Feedback
Let’s now consider community feedback for both Finotive Funding and The Funded Trader. We will analyze reviews from Trustpilot to gauge the sentiments of traders regarding these proprietary trading firms.
Trustpilot Statistics
Finotive Funding
FTUK
Rating
4.3/5
4,5/5
Number of Reviews
280
13,654
Finotive Funding boasts a rating of 4.3/5 from a cumulative 280 reviews, while The Funded Trader garners a rating of 4.5/5 from a substantial 13,654 reviews. These statistics distinctly indicate that, presently, The Funded Trader holds the position of being the more favored proprietary trading firm. Nonetheless, it is worth noting that Finotive Funding has experienced substantial growth in popularity, driven by recent updates and improvements.
Conclusion
In conclusion, both Finotive Funding and The Funded Trader stand as excellent choices for proprietary trading firms, catering to a diverse range of traders. Notable distinctions can be observed in terms of trading rules, pricing structures, and community feedback. Additionally, differences are apparent in the array of funding program options they provide. Finotive Funding offers a selection including one-step evaluation, two-step evaluation, and instant funding, while The Funded Trader presents a suite featuring one-step evaluation and three two-step evaluations.
To enhance your experience, we’re pleased to provide special discount codes for each of these reputable proprietary trading firms:
- Finotive Funding: 5% discount code + 5% increased profit split – SHINY
- The Funded Trader: 10% discount code – PW
