Comparing the trading objectives of Forex Prop Firm and Finotive Funding provides insight into the unique structures of each firm’s programs. This analysis is essential for traders to discern which firm best suits their trading style and objectives.
Detailed Comparison of Trading Objectives
Here’s a comprehensive overview of the trading objectives for Forex Prop Firm and Finotive Funding:
- Phase 1 Profit Target: Forex Prop Firm sets a 10% target, compared to Finotive Funding’s 7.5%.
- Phase 2 Profit Target: Both firms aim for a 5% target.
- Maximum Daily Loss: A consistent 5% limit is maintained by both firms.
- Total Maximum Loss: Each firm caps this at 10%.
- Minimum Trading Days: Forex Prop Firm requires 3 calendar days, while Finotive Funding has no minimum.
- Maximum Trading Period: Unlimited trading periods for both phases are offered by each firm.
- Profit Split: Forex Prop Firm offers between 90% to 100%, whereas Finotive Funding ranges from 75% to 95%.
This comparison table elucidates the similarities and differences in aspects such as profit targets, daily and maximum loss limits, minimum trading days, trading periods, and profit splits. Such insights are pivotal for traders in making decisions that align with their trading strategies and goals.