A comprehensive comparison between Smart Prop Trader and Finotive Funding is essential for traders to determine which firm aligns better with their trading strategies and objectives. This analysis focuses on their distinct trading objectives.
Trading Objectives Comparison
Below is a detailed comparison of the trading objectives for Smart Prop Trader and Finotive Funding:
- Phase 1 Profit Target: Smart Prop Trader sets a 7% target, while Finotive Funding aims for 7.5%.
- Phase 2 Profit Target: Both firms have a 5% target.
- Maximum Daily Loss: Smart Prop Trader imposes a 4% limit, compared to Finotive Funding’s 5%.
- Total Maximum Loss: Smart Prop Trader caps this at 8%, whereas Finotive Funding sets a 10% limit.
- Minimum Trading Days: Neither firm requires a minimum number of trading days.
- Maximum Trading Period: Unlimited trading periods for both phases are offered by each firm.
- Profit Split: Smart Prop Trader offers between 85% to 90%, in contrast to Finotive Funding’s range of 75% to 95%.
This comparative table underlines the differences in profit targets, loss limits, and profit splits between Smart Prop Trader and Finotive Funding, while also noting their similarities in trading days and maximum trading periods. These insights provide valuable guidance for traders in choosing the prop firm that best matches their individual trading approach and goals.
