Finotive Funding has established itself as a premier proprietary trading firm, drawing the attention of forex traders globally with its strategic incorporation on April 23, 2021, in Budapest, Hungary. Offering the chance to handle capital up to $3,200,000 and a profit split reaching up to 95%, Finotive Funding is setting new benchmarks for trader support and financial opportunity.
Unlocking Potential with the Evaluation Challenge
Among its two main funding programs, Finotive Funding’s Evaluation Challenge stands out as a comprehensive two-step challenge designed to identify and nurture trading talent. This section provides an in-depth look at the Evaluation Challenge, presenting traders with an opportunity to demonstrate their trading acumen.
Finotive Funding offers seven varied account sizes for the challenge, catering to a wide range of trader requirements:
- $2,500 account for a one-time fee of $50
- $5,000 account for a one-time fee of $75
- $10,000 account for a one-time fee of $100
- $25,000 account for a one-time fee of $150
- $50,000 account for a one-time fee of $300
- $100,000 account for a one-time fee of $500
- $200,000 account for a one-time fee of $950
The rules governing this challenge ensure a fair and attainable path to funding:
- Profit target Phase 1: 7.5%, and Phase 2: 5%
- Daily drawdown limit: 5%
- Overall drawdown limit: 10%
- Minimum of 5 trading days
- Phase 1 maximum trading period: 30 days, and Phase 2: 60 days
- Leverage ranging from 1:100 to 1:400, based on account size
Upon successful completion, traders are awarded a funded account matching their evaluation account balance, starting with a 75% profit split, which can escalate to 95% as they progress through Finotive’s scaling plan.
Scaling Plan: Elevating Trading Success
Finotive Funding’s scaling plan for the Evaluation Challenge encourages consistent growth, allowing traders to expand their capital base through successive profit targets. Traders can climb through various phases, enhancing their profit split and trading capacity.
Notably, Finotive Funding permits the use of Expert Advisors (EAs), copy trading, and signals within the Evaluation Challenge, under the condition that traders can provide proof of the strategy’s origin, including EA source codes or verification for copy trading and signals from approved providers. This inclusivity ensures a broad spectrum of traders can participate, although it’s important to note that EAs are restricted from account scaling, and traders unable to submit the necessary documentation will face a profit split cap at 25%.
Finotive Funding’s Evaluation Challenge offers a structured yet flexible pathway for forex traders aiming to reach professional heights. For more insights into this program and to begin your journey with Finotive Funding, explore our detailed guide to forex funding programs.
