Comparing Finotive Funding and Funding Pips is crucial for traders to understand the unique features and requirements of each firm. This side-by-side comparison highlights the key aspects of their trading objectives and terms.
Trading Objectives Comparison
Here’s a detailed comparison of the trading objectives for Finotive Funding and Funding Pips:
- Phase 1 Profit Target: Finotive Funding sets a target of 7.5%, while Funding Pips aims for 8%.
- Phase 2 Profit Target: Both firms have a 5% target.
- Maximum Daily Loss: A consistent 5% limit is set by both firms.
- Total Maximum Loss: Each maintains a 10% cap.
- Minimum Trading Days: Neither firm imposes a minimum trading day requirement.
- Maximum Trading Period: Unlimited trading periods in both phases are offered by each firm.
- Profit Split: Finotive Funding offers a range of 75% to 95%, compared to Funding Pips’ 80% to 90%.
This comparison reveals that while Finotive Funding and Funding Pips share similar guidelines in terms of loss limits and the absence of minimum trading days, they differ in their profit targets and profit split percentages. Finotive Funding’s slightly lower Phase 1 profit target and higher potential profit split might be more appealing to traders seeking higher reward opportunities.