This review delves into the trading objectives of True Forex Funds and Finotive Funding, comparing key aspects such as profit targets, loss limits, trading periods, and profit splits. This analysis provides a clear picture of how each prop firm stands out in the competitive forex trading landscape.
Key Metrics Comparison
Understanding the nuances between True Forex Funds and Finotive Funding is crucial for traders seeking the best fit for their trading style and goals.
Phase 1 Profit Target
- True Forex Funds sets its Phase 1 Profit Target at 8%.
- Finotive Funding offers a slightly lower target of 7.5%.
Phase 2 Profit Target and Maximum Daily Loss
- Both firms align with a 5% target and loss limit in these areas.
Overall Maximum Loss Limit
- A shared loss limit of 10% is set by both firms.
Minimum Trading Days Requirement
- True Forex Funds requires a minimum of 5 Calendar Days of trading.
- Finotive Funding imposes no minimum trading days.
Maximum Trading Period
- True Forex Funds limits trading to 30 Calendar Days in Phase 1 and 60 Days in Phase 2.
- Finotive Funding offers unlimited trading in both phases.
Profit Split
- True Forex Funds provides an 80% profit split to traders.
- Finotive Funding’s split starts at 75% and can increase to 95% under certain conditions.
These comparative insights reveal the unique characteristics and offerings of each firm, guiding traders to choose the one that aligns best with their individual preferences and strategies. For more insights into forex prop firms, explore All Prop Trading Firms or visit their comprehensive list of Forex Funded Programmes.
