This comparison between Funded Trading Plus and Finotive Funding delves into the differences and similarities of their trading goals and criteria.
Phase 1 Profit Goal
Funded Trading Plus sets a Phase 1 profit target of 8%, slightly exceeding Finotive Funding’s 7.5% target.
Phase 2 Profit Objective
Both the prop firms mandate a 5% profit target for Phase 2.
Maximum Daily Loss Limit
Funded Trading Plus imposes a 4% maximum daily loss, a tad stricter compared to Finotive Funding’s 5% limit.
Total Loss Cap
At Funded Trading Plus, traders face an 8% maximum trailing loss, while Finotive Funding sets a 10% maximum loss.
Minimum Trading Days Requirement
Both entities offer trading flexibility, not enforcing any minimum trading days.
Trading Duration
An unlimited trading period for both phases is offered by both firms, providing ample time for traders to meet their targets.
Profit Sharing Scheme
The London-based company, Funded Trading Plus, offers a more favorable profit split ranging from 80% to 100%, compared to Finotive Funding’s range of 75% to 95%.
This analysis underscores Funded Trading Plus’s slightly more ambitious profit targets and tighter daily loss limits, appealing to traders who prefer rigorous risk management. Additionally, with its higher profit split potential, Funded Trading Plus emerges as a compelling choice for traders aiming for greater rewards.