Finotive Funding

Firm Review

Another relative newcomer to the forex prop firm scene is Finotive Funding, set up by entrepreneur Oliver Newland in April 2021.
PFR Rating:
4.3/5

Finotive Funding : Review Introduction

Another relative newcomer to the forex prop firm scene is Finotive Funding, set up by entrepreneur Oliver Newland in April 2021.

The company itself has three different funding programs available and aims to fast-track the evaluation process for traders so they can grow their capital and generate significantly higher returns each month… all of which sounds great. But is it the right prop firm for you? Check out our review to see if it has what you’re looking for.

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1. Prop Firm Programs

It’s always interesting to find a prop firm that sets itself apart in some way from the others in the industry and Finotive Funding does just that by offering traders with three different funding programs: the two-step evaluation, the instant funding and the one-step evaluation program.

The instant verification accounts are sure to be immediately attractive to many traders out there, as they allow you to purchase an account immediately. You can choose between a standard or aggressive program, which will dictate your risk allowance relative to drawdown and equity.

However, it’s important to note that there is a reasonable trading policy in place, so you’ll always have to trade with stop-losses and not put 100% of your trading capital on the line.

2. Trading Rules & Environment

The instant funding programs have maximum daily and maximum loss rules in place that you can’t exceed: maximum dailies of 5% on standard and 10% on aggressive accounts, and maximum losses of 8% on standard and 16% on aggressive accounts.

You’ll also find that there are low profit targets required in order for traders to be eligible for weekly profit splits of 55-75%, with scaling plans also in place on these accounts.

If the instant verification account doesn’t interest you, you might find that the one-step funding challenge has what you need. With this program, there isn’t a valuation stage and all traders have to do is hit the 10% profit target (with unlimited duration) without surpassing the 4% daily drawdown and 7.5% total loss limit.

Although you will still need to trade with the reasonable trading policy in mind (similar to the instant funding model), the profit split is still 95%, which is the best you’ll find in the industry, so certainly something worth considering.

And then there’s the two-step funding challenge, which has been broken down into three different phases with clear performance targets in place, which you will need to achieve in order to progress as a trader.

You’ll find that this two-step challenge is very similar to those you’ll find with other prop firms, but with one main difference… there’s no maximum duration in place! This should, theoretically, make it easier for you to progress.

Other firms in the industry have 20-day limits in place and this can make it a lot harder for traders to get funding, but because Finotive doesn’t have a time limit set for its challenges, you can take all the time you need.

This makes Finotive a particularly good choice for those just starting out with their trading ambitions, since the pressure’s off and they can really dedicate themselves to honing their craft and becoming the best trader they possibly can.

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3. Conclusion

Conclusion? If it’s choice you’re looking for and relaxed trading rules, Finotive Funding could well be the best prop firm out there for you. No matter how much experience you have, it’s likely that you’ll be able to progress as you’d like if you give Finotive a try.

Specific Details

🖥 Trading Platform

MetaTrader5

💳 Deposit Methods

Credit / Debit, Crypto

🏦 Withdrawal Methods

Bank Transfer, PayPal, Crypto

🪙 Account Sizes

n/a

📈 Tradable Instruments

Forex Pairs, Commodities, Cryptocurrency, Indices

📝 Rules

n/a

🌍 Brokers

n/a

💵 Account Currencies

n/a

↩️ Leverage

1:100

Pricing & Account Sizes

Evaluation Accounts

$2,500 // $50
$5,000 // $75
$10,000 // $100
$25,000 // $150
$50,000 // $300
$100,000 // $500
$200,000 // $950

Instant Funding Accounts

$2,500 // $95
$5,000 // $190
$10,000 // $335
$25,000 // $525
$50,000 // $1,055
$100,000 // $2,100

Advantages & Disadvantages

Advantages of Finotive Funding

Three funding programs to choose from
Trustpilot rating of 4.2/5
Profit split up to 95%
Unlimited evaluation free retries
Leverage up to 1:400
News trading is allowed
Overnight and weekend holding allowed

Disadvantages of Finotive Funding

No free trial
Reduced 25% profit split if reasonable trading policy is breached once funded

PRF Rating: Finotive Funding

Fees Rating

4.3/5

Platform Rating

4.3/5

D&W Rating

4/5

Customer Rating

4.3/5

PRF Rating

4.3/5

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Enter Code: PFR2023