This comparison aims to highlight the key differences and similarities in the trading objectives between Direct Funded Trader and Finotive Funding, offering a clear overview for traders considering these two prop trading firms.
Phase 1 Profit Target
- Direct Funded Trader: Sets a profit target of 8% in Phase 1.
- Finotive Funding: Has a slightly lower target of 7.5% in Phase 1.
Phase 2 Profit Target
- Both firms set a 5% profit target for Phase 2.
Maximum Daily Loss
A 5% maximum daily loss limit is maintained by both Direct Funded Trader and Finotive Funding.
Overall Maximum Loss
Both firms impose a 10% maximum loss limit.
Minimum Trading Days
- Direct Funded Trader: Requires a minimum of 5 calendar days of trading.
- Finotive Funding: Does not have a minimum trading day requirement.
Maximum Trading Period
Both Direct Funded Trader and Finotive Funding offer an unlimited trading period for both phases.
Profit Split
- Direct Funded Trader: Offers an 80% profit split.
- Finotive Funding: Provides a profit split ranging from 75% up to 95%.
This table provides traders with a comprehensive overview of the trading objectives of Direct Funded Trader and Finotive Funding, focusing on profit targets, loss limitations, trading day requirements, and profit split percentages.