The comparison between TopTier Trader and Finotive Funding is crucial for traders to discern which proprietary trading firm aligns best with their trading needs and strategies. This comparative analysis sheds light on the key aspects of their trading objectives.
Key Aspects of Trading Objectives
Here’s a side-by-side comparison of the trading objectives for TopTier Trader and Finotive Funding:
- Phase 1 Profit Target: TopTier Trader sets an 8% target, while Finotive Funding requires 7.5%.
- Phase 2 Profit Target: Both firms aim for a 5% target.
- Maximum Daily Loss: A consistent 5% limit is set by both firms.
- Total Maximum Loss: TopTier Trader has an 8% cap, compared to Finotive Funding’s 10%.
- Minimum Trading Days: TopTier Trader requires 4 calendar days, whereas Finotive Funding has no minimum requirement.
- Maximum Trading Period: Both offer unlimited trading periods for both phases.
- Profit Split: TopTier Trader offers a range of 80% to 90%, while Finotive Funding ranges from 75% to 95%.
This comparison indicates that while TopTier Trader and Finotive Funding share similarities in aspects like maximum daily loss and unlimited maximum trading periods, they differ in areas such as the Phase 1 profit target and profit split percentages. Additionally, the minimum trading day requirements vary, with Finotive Funding providing more flexibility. These differences are vital for traders in deciding which firm better suits their trading strategy and goals.
