In this comparison, we closely examine the trading objectives of SurgeTrader and Finotive Funding, highlighting how each prop firm caters to different trader needs and preferences.
Trading Objectives: SurgeTrader vs. Finotive Funding
Let’s explore how these two firms compare in terms of their key trading objectives:
- Phase 1 Profit Target:
- SurgeTrader: 8%
- Finotive Funding: 7.5%
- Phase 2 Profit Target:
- Both SurgeTrader and Finotive Funding: 5%
- Maximum Daily Loss:
- Both SurgeTrader and Finotive Funding: 5%
- Maximum Loss:
- SurgeTrader: 8%
- Finotive Funding: 10%
- Minimum Trading Days: No Minimum Trading Days for both SurgeTrader and Finotive Funding.
- Maximum Trading Period:
- Both SurgeTrader and Finotive Funding: Phase 1 and Phase 2 have Unlimited trading periods.
- Profit Split:
- SurgeTrader: 80% up to 90%
- Finotive Funding: 75% up to 95%
SurgeTrader differentiates itself with two specialized evaluation programs and a trading environment that offers minimal restrictions on trading styles. Notably, the absence of minimum and maximum trading day requirements at SurgeTrader provides traders with the freedom to operate without time pressure, adapting their strategies to market conditions. This flexibility is a significant advantage for traders seeking a prop firm that aligns with a more flexible trading approach.