An Introduction to Finotive Funding
Finotive Funding emerges as a forward-thinking proprietary trading firm, setting the stage for undercapitalized traders to leverage larger capital amounts. Established by Oliver Newland on April 23, 2021, this Budapest-based organization is quickly gaining recognition for its innovative approach to forex trading. Offering a bridge to financial growth, Finotive Funding provides two distinct funding programs: Evaluation program accounts and Instant funding program accounts.
Funding Programs Offered by Finotive Funding
Evaluation Program Accounts
The Evaluation program accounts follow a two-step evaluation process, a method widely acknowledged in the industry. This meticulous process requires traders to meet specific profit targets—7.5% in the first step and 5% in the second—with adherence to 5% maximum daily and 10% overall loss limitations. A minimum trading duration of 5 calendar days for each step is mandatory for qualification. Successful traders are rewarded with profit splits ranging from 75% to 95%, with the opportunity to scale their operations. Leverage options span from 1:100 to 1:400, varying by account size.
Instant Funding Program Accounts
For those eager to bypass the evaluation phase, the Instant funding program accounts provide an immediate start, with the option between standard and aggressive setups. The standard program enforces a 5% daily and an 8% total loss threshold, offering profit splits from 55% to 75%. Conversely, the aggressive program allows for up to 10% daily and 16% total loss, with profit splits also ranging from 60% to 75%. Both programs offer a fixed 1:100 leverage across all account sizes.
Transition to Finotive Markets
Marking a pivotal shift in its brokerage partnerships, Finotive Funding has transitioned to Finotive Markets, moving on from its previous broker, Ascot Prime. This change underscores the firm’s commitment to providing its traders with superior trading conditions. Traders have the liberty to trade forex pairs, commodities, indices, and cryptocurrencies, all through the MetaTrader 4 platform.
Modern Trading Dashboard and Community Engagement
Another highlight is Finotive Funding’s modern dashboard, which offers traders a comprehensive view of their challenge performance, enhancing their strategic decision-making process. Moreover, the firm actively engages with its community through platforms like Trustpilot, where it boasts a commendable score of 4.2/5 from 84 reviews, Facebook, Instagram, Discord, and Telegram, fostering a dynamic and supportive trading environment.
Customer Support and Communication
Finotive Funding prides itself on its responsive and reliable customer support system. Traders can easily reach out via live chat on the website or through email at info@finotivefunding.com for prompt assistance and guidance.
Conclusion
In conclusion, Finotive Funding stands out as a prop firm that genuinely cares about its traders’ success and quality of service. With its flexible funding options, recent brokerage enhancements, and a supportive community, it offers a solid foundation for traders aiming to expand their trading capabilities and achieve financial growth.
