This article provides a comprehensive comparison between Finotive Funding and City Traders Imperium, two reputable proprietary trading firms, focusing on their instant funding programs and overall offerings to the forex trading community.
Company Overviews
Finotive Funding and City Traders Imperium, both known for their reliability and trustworthiness, have made their mark in the proprietary trading industry. Finotive Funding, established in April 2021 by CEO Oliver Newland, is based in Budapest, Hungary. In contrast, City Traders Imperium, led by Daniel Martin and Martin Najat since July 2018, operates from London, UK. Finotive Funding offers a maximum allocation capital of $6,400,000, while City Traders Imperium provides up to $4,000,000, showcasing their commitment to supporting trader growth.
Funding Program Options
Both firms offer a variety of funding programs. Finotive Funding provides a one-step evaluation, a two-step evaluation, and instant funding, while City Traders Imperium offers two one-step evaluations, a two-step evaluation, and instant funding, catering to diverse trader needs.
Instant Funding Program Comparison
- Profit Target: Not specified for Finotive Funding; 10% for City Traders Imperium.
- Daily Drawdown: 5% to 10% for Finotive Funding; not specified for City Traders Imperium.
- Overall Drawdown: 8% to 16% for Finotive Funding; 5% for City Traders Imperium.
- Leverage: 1:100 for both versions of Finotive Funding; 1:10 for City Traders Imperium.
- Trading Period: No limit for both firms.
- Profit Split: 55% to 75% for Finotive Funding; 70% to 100% for City Traders Imperium.
Pricing for Account Sizes
Detailed pricing for various account sizes at both firms is as follows:
- $2,500: $95 to $165 for Finotive Funding; not available with City Traders Imperium.
- $5,000: $190 to $330 for Finotive Funding; $299 for City Traders Imperium.
- $10,000: $335 to $660 for Finotive Funding; $599 for City Traders Imperium.
- $25,000: $525 to $1,340 for Finotive Funding; $1,499 for City Traders Imperium.
- $50,000: $1,055 to $2,400 for Finotive Funding; $2,999 for City Traders Imperium.
- $75,000: Not available with Finotive Funding; $4,499 for City Traders Imperium.
- $100,000: $2,100 to $5,280 for Finotive Funding; $5,999 for City Traders Imperium.
Brokers & Trading Platforms
Finotive Funding works with Finotive Markets, while City Traders Imperium partners with a Tier-1 Liquidity Provider. Both utilize MetaTrader 5, offering a robust trading experience.
Trading Instruments
Both firms offer access to Forex pairs, commodities, and indices. Additionally, Finotive Funding provides opportunities in cryptocurrencies, expanding its range of trading instruments.
Community Feedback
Community feedback is crucial for assessing a firm’s reputation. Trustpilot shows Finotive Funding with a 4.3/5 rating from 279 reviews, while City Traders Imperium holds a 4.8/5 rating from 922 reviews, indicating a higher popularity for City Traders Imperium.
Conclusion
In conclusion, Finotive Funding and City Traders Imperium offer excellent opportunities for proprietary traders, each with unique features in their instant funding programs, trading rules, pricing structures, and community feedback. They provide diverse funding program options to cater to different trader preferences and strategies.
