Finotive Funding Prop Firm Review – Finotive Funding is a prop trading company built to give skilled traders access to large accounts, so they may trade without bearing the financial risk associated with trading. Prop firms such as Finotive Funding are the staple of prop trading for bringing together talented traders and filling the breach in needs that creates growth on accounts. Qualification through structured evaluation entitles the trader to fully funded accounts, so that he may focus on perfecting his trading skills and earning profits without the psychological burden of having his own capital at risk.
Finotive Funding prop firm supports everything from super-scalping to swing trading and provides access to a wide array of markets: forex, indices, and commodities. It is worth noting, however, that the firm currently does not support cryptocurrency trading a platform dealing in digital assets. Advanced risk management tools that support traders to stay within the firm’s guidelines while maintaining consistency in performance.
With Finotive Funding prop firm, rapid scaling for those wanting quick growth is performance-based, allowing traders to scale up the account size as they prove their capabilities. While the evaluation fee is non-refundable, the strict risk management rules of the firm may also not appeal to every trader. Finotive’s structure is ideal for disciplined traders who set store by long-term success.
In this review, we will look at the pros and cons of Finotive Funding prop firm to see how well the firm does against its competitors and if they are the best fit for your trade. From an easy evaluation process to a lucrative payout structure, Finotive Funding has a very appealing solution for traders looking to further their prop trading careers.
Overview of FinotiveÂ
Finotive Funding entered the market in 2021. Although this company is only two years old, it is pretty well known to traders from all over the world. It offers four types of accounts, one of which is an Instant Funding account unrelated to the classic trading challenge. The balance range in this account starts at $2,500 and goes up to $200,000. All accounts are scalable for up to $3,200,000. Trading is performed via MetaTrader 5 (MT5). Finotive Funding attracts liquidity providers through Finotive Markets from the Deep Liquidity pools. It means that the spreads are small and the fees in this segment are the lowest. The available instruments for trading are currency pairs, stocks, indices, cryptocurrencies, and commodities. The maximum leverage is 1:400. The company virtually does not limit its partners, so you can trade news, trade during weekends, and use advisers. There are no competitions, bonuses, or referral program.
Key Features of FinotiveÂ
Here’s a sneak peek into what makes Finotive Funding different:
- Trading Instruments: Under Finotive Funding, you have access to a portfolio of more than 100 trading instruments. The list goes forward to include Forex, Cash Indices, and Cash Commodities among others.
- One-Step Evaluation: The company, while serving forex traders all over the world, makes it easy for them by adopting just one-step evaluation to simplify their funding programs. This unique approach taken by Finotive Funding enables the trader to get on board as quickly as possible.
- Fast-Track Your Journey to Monthly Returns on Your Capital Growth: The programs of this firm will help a retail trader fast-track their journey toward increasing their capital for monthly returns.
- Comparison and Alternatives
- The landscape of trading is huge and opens up a whole avenue of choices for any trading enthusiast. Finotive Funding and Funded Trading Plus are two funding programs offered to traders. Finotive Funding, however, has managed to differentiate itself with its unique one-step evaluation, as mentioned above.
- Those open to other prop firms can easily access detailed comparisons and reviews online that can lead them to the right decision.
Pros of Finotive Funding
- Ability to withdraw with $0 fees
- Offers access to MetaTrader 5
- Fast and digital account opening/verification
- Offers access to 100 tradable instruments
- Lower profit target of 5%
- High maximum funded amount at 3.2 million USD
- Most payment options are free and instant.
- Versatile Funding Programs.
- Up to 95% Profit Splits.
- Realistic Profit Targets.
- Account Scaling Opportunities.
- Clear and Straightforward Trading Rules.
- Scaling up for all the accounts is possible up to $3,200,000; the balance can be increased every 90 days.
- The minimum investment to create a regular account with the balance of $2,500 is just $50;
- The trading is made via MT5, one of the most popular platforms. It’s simple, reliable, and with plugins you can do lots of things.
- Various classes of assets are traded against the leverage of up to 1:400, which significantly increases the potential profit.
- The profit-sharing scheme starts at 55% or 75%, depending on the account type, but it is possible to increase it up to 95%.
Cons of Finotive Funding
- Offers trading through an unregulated broker
- Although Metatrader 5 is believed to be a pretty convenient platform, some traders find other platforms more suitable, and this prop firm doesn’t offer any other additional trading platforms.
- Some prop trading firms refund the initial fee when a candidate successfully passes the challenge. Finotive Funding’s initial fee is not refundable;
- You can email support, get live chat, or open tickets on the website, but the firm doesn’t offer its own call center.
Frequently Asked Questions (FAQs)
What is Finotive Funding?
Finotive Funding is a proprietary trading firm that provides traders with access to capital based on performance through an evaluation process.
How do I become a funded trader with Finotive Funding?
To become funded, traders must pass an evaluation phase that assesses their trading skills and risk management.
What are the profit splits at Finotive Funding?
The firm offers high profit splits, typically ranging from 70% to 90% in favor of the trader.
Is there a time limit to complete the evaluation?
No, Finotive Funding does not impose a time limit for traders to pass the evaluation phase.
Can I trade cryptocurrencies with Finotive Funding?
 Currently, Finotive Funding does not offer cryptocurrency trading, focusing instead on forex, indices, and commodities.
What happens if I fail the evaluation?
If you fail the evaluation, you will need to purchase a new evaluation account to try again.
What platforms can I trade on with Finotive Funding?
Finotive Funding supports popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
How often are payouts processed?
Payouts are typically processed monthly or based on the firm’s payout schedule.
Is the evaluation fee refundable?
No, the evaluation fee is non-refundable, even if the trader passes the evaluation.
Does Finotive Funding offer educational resources?
Yes, the firm provides traders with risk management tools and community support, but it does not offer personalized mentorship.
How does the profit-sharing work at Finotive Funding?
The profit split can range from 75% to 95%, depending on the scaling amount and the type of account you hold.
