When comparing OspreyFX and Finotive Funding, we uncover significant contrasts in their trading objectives and program structures. This analysis aims to provide a clear comparison between these two proprietary trading firms.
Phase 1 Profit Target
OspreyFX establishes a 10% profit target in the first phase, surpassing Finotive Funding’s 7.5% target.
Phase 2 Profit Target
In the subsequent phase, OspreyFX sets an 8% profit target, while Finotive Funding lowers it to 5%.
Maximum Daily Loss Limit
Both OspreyFX and Finotive Funding enforce a 5% maximum daily loss limit, maintaining consistency in risk management.
Overall Maximum Loss
OspreyFX imposes a 12% maximum loss limit, slightly higher than Finotive Funding’s 10% threshold.
Minimum Trading Days
OspreyFX requires traders to engage in at least 10 calendar days of trading, in contrast to Finotive Funding, which does not specify a minimum number of days.
Maximum Trading Period
OspreyFX outlines a 30-day limit for Phase 1 and 60 days for Phase 2, while Finotive Funding offers an unrestricted trading period for both phases.
Profit Split
Traders with OspreyFX enjoy a 70% profit share, whereas Finotive Funding offers a more generous split, ranging from 75% to 95%.
Conclusion: OspreyFX’s Unique Position in the Prop Trading Industry
OspreyFX distinguishes itself in the proprietary trading sector with its clear-cut rules and minimal restrictions on trading styles. Its evaluation program focuses on consistency parameters, particularly in the second phase, promoting a balanced trading approach. This strategy reflects OspreyFX’s dedication to fostering disciplined and successful traders in the industry.
