This article provides an in-depth comparison between Finotive Funding and Fidelcrest, two prominent proprietary trading firms, highlighting their unique offerings and services to the global forex trading community.
Overview of Company Profiles
Finotive Funding and Fidelcrest stand as reputable and trusted proprietary trading firms. Finotive Funding, established in April 2021 by CEO Oliver Newland, is based in Budapest, Hungary. In contrast, Fidelcrest, led by Jussi Hallikas, began its operations in September 2018 and is headquartered in Nicosia, Cyprus. Finotive Funding provides traders with up to 3x 200k in two-step evaluation accounts, whereas Fidelcrest offers up to 2x $1,000,000 for traders to manage.
Comparison of Funding Program Options
Both firms serve the global forex market with varied funding options. Finotive Funding offers a one-step evaluation, a two-step evaluation, and instant funding, while Fidelcrest specializes in two-step evaluations.
Detailed Two-Step Evaluation Comparison
- Profit Targets and Drawdown Limits: Finotive Funding sets a Phase 1 profit target of 7.5% and Phase 2 at 5%, with a 5% daily and 10% overall drawdown. Fidelcrest’s Normal and Aggressive programs have higher targets and drawdown limits.
- Leverage: Finotive Funding provides leverage from 1:100 to 1:400. In comparison, Fidelcrest offers 1:100 to 1:200 for both its programs.
- Trading Days and Period: Both firms impose no minimum trading days, but Fidelcrest specifies a 60-day period for each step, extendable with an add-on.
- Profit Splits: Finotive offers 75% to 95% profit split, whereas Fidelcrest offers 80% for Normal and up to 90% for Aggressive programs.
Pricing Across Different Account Sizes
Finotive Funding’s pricing ranges from $50 for a $2,500 account to $950 for a $200,000 account. Fidelcrest’s pricing for its Normal and Aggressive programs varies, with options up to €2,999 for a $1,000,000 account.
Brokers and Trading Platforms
Finotive Funding utilizes Finotive Markets and MetaTrader 5, while Fidelcrest partners with Foreign Exchange Clearing House and offers both MetaTrader 4 and 5.
Trading Instruments
Both firms offer a range of trading instruments including Forex pairs, commodities, indices, and cryptocurrencies. Fidelcrest additionally offers stocks.
Community Feedback
According to Trustpilot, Finotive Funding has a 4.3/5 rating from 279 reviews, while Fidelcrest scores higher with a 4.6/5 rating from 1,260 reviews, indicating a stronger community preference for Fidelcrest.
Conclusion
In summary, Finotive Funding and Fidelcrest offer distinctive choices for traders, with differences in trading rules, pricing structures, and community feedback. Finotive Funding provides more varied funding options including instant funding, contrasting with Fidelcrest’s focus on a two-step evaluation approach.
