Finotive Funding Review (discount code: FOREXPROPREVIEWS)
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Finotive Funding Review (discount code: FOREXPROPREVIEWS)

Finotive Funding is a proprietary firm founded by Oliver Newland that understands that capital is, in most cases, the biggest obstacle to becoming a full-time trader for any individual.
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Finotive Funding aims to offer a way for retail traders to fast-track the evaluation process and the growth of their capital to generate significantly higher monthly returns.

Pros
  • Funded account negative balance free redeposit
  • Maximum balance of up to $1,000,000
  • Profit split up to 95%
  • Overnight and weekend holding allowed
  • News trading allowed
  • EA’s and bots allowed
  • Scaling account option up to $3,200,000
  • Leverage up to 400:1
  • A large variety of trading instruments (forex pairs, commodities, indices, cryptocurrencies)
Cons
  • Relatively new prop firm
  • No free trial

Traders at Finotive Funding are encouraged to succeed in their careers. The main priority that they expect from their clients is that they are disciplined individuals who properly manage risk. They allow them to earn high profits by managing account sizes up to $200,000, which can be scaled up to $3,200,000, and taking home profit splits up to 95%. They can achieve this by trading Forex pairs, commodities, indices, and cryptocurrencies.

Who are Finotive Funding?

Finotive Funding is a proprietary firm founded by Oliver Newland on the 23rd of April, 2021. However, they have been working on the project way before that. They have offices located in Budapest, Hungary while offering traders capital up to $3,200,000 in balance with up to 95% profit splits. They are partnered with Ascot Prime as their broker.

Their headquarters are located at Honvéd utca 8. 1st floor, 1054 Budapest, Hungary.

Funding program options

Finotive Funding offers 2-phase evaluation challenges and direct funding programs.

Finotive Funding offers 2 -phase evaluation challenges of different account sizes. You can choose from standard and swap-free account types. The leverage offered is 100:1 for $2,500 and $5,000 accounts, 200:1 for $10,000 and $25,000 accounts, 400:1 for $50,000, $100,000, and $200,000 accounts.

Phase one of the evaluation challenge requires traders to hit a profit target of 9% in a 30-day trading period. You must trade a minimum of 5 days and cannot surpass the 5% daily and 10% overall equity drawdown.

Phase two of the evaluation challenge requires traders to hit a profit target of 7.5% in a 60-day trading period. You must trade a minimum of 5 days and cannot surpass the 5% daily and 10% overall equity drawdown. In phase two, you are eligible to receive a new challenge account free of charge if you end it in profit but fail to hit the profit target.

After getting funded, you are eligible for 75% profit split payouts with no maximum trading day period. Your only limitations are that you must trade a minimum of 5 days without surpassing the 5% daily or 10% overall equity drawdown.

Trading capital$2,500$5,000$10,000$25,000$50,000$100,000$200,000
Max. leverage100:1100:1200:1200:1400:1400:1400:1
Price$50$75$100$150$300$500$950

Prices for standard accounts are:

  • $2,500 account for $50
  • $5,000 account for $75
  • $10,000 account for $100
  • $25,000 account for $150
  • $50,000 account for $300
  • $100,000 account for $500
  • $200,000 account for $950
Trading capital$2,500$5,000$10,000$25,000$50,000$100,000$200,000
Max. leverage100:1100:1200:1200:1400:1400:1400:1
Price$60$100$150$200$400$625$1,100

Prices for swap-free accounts are:

  • $2,500 account for $60
  • $5,000 account for $100
  • $10,000 account for $150
  • $25,000 account for $200
  • $50,000 account for $400
  • $100,000 account for $625
  • $200,000 account for $1,100

Finotive Funding also has an option to scale your funded challenge accounts by being consistently profitable. You can see the spreadsheet of funded challenge account scaling phases below:

Account sizePhase 1Phase 2Phase 3Phase 4Phase 5Phase 6Phase 7Phase 8Phase 9
$2,500$4,000$7,000$12,000$21,000$35,000$60,000$103,000$174,000$296,000
$5,000$9,000$14,000$25,000$42,000$71,000$121,000$205,000$349,000
$10,000$17,000$29,000$49,000$84,000$142,000$241,000$410,000
$25,000$43,000$72,000$123,000$209,000$355,000$603,000
$50,000$85,000$145,000$246,000$418,000$710,000$1,207,000
$100,000$170,000$289,000$491,000$835,000$1,420,000
$200,000$340,000$578,000$983,000$1,670,000
Profit target8%9%10%11%12%13%14%15%16%
Profit split75%80%85%90%95%95%95%95%95%

Finotive Funding also has direct funding program options, which range from $2,500 up to $100,000 capital. These accounts also differ since you can choose between standard risk or aggressive risk.

Trading capital$2,500$5,000$10,0000$25,000$50,000$100,000
Max. leverage100:1100:1100:1100:1100:1100:1
Standard prices$95$190$335$525$1,055$2,100
Swap-free prices$120$240$420$625$1,200$2,300

Standard instant funding account prices:

  • $2,500 account for $95
  • $5,000 account for $190
  • $10,000 account for $335
  • $25,000 account for $525
  • $50,000 account for $1,055
  • $100,000 account for $2,100

Standard swap-free instant funding account prices:

  • $2,500 account for $120
  • $5,000 account for $240
  • $10,000 account for $420
  • $25,000 account for $625
  • $50,000 account for $1,200
  • $100,000 account for $2,300

Standard instant funding accounts require traders to follow the following drawdown limitations: 8% equity drawdown and 5% equity drawdown in one trading day. By following the two main rules, you are eligible for weekly withdrawals if you reach a weekly withdrawal threshold of 2.5%. Your profit split will be starting at 55% and will start increasing based on the scaling plan of your account.

Trading capital$2,500$5,000$10,000$25,000$50,000$100,000
Max. leverage100:1100:1100:1100:1100:1100:1
Aggressive prices$165$330$660$1,340$2,400$5,280
Swap-free prices$210$420$780$1,500$2,600$5,555

Aggressive instant funding account prices:

  • $2,500 account for $165
  • $5,000 account for $330
  • $10,000 account for $660
  • $25,000 account for $1,340
  • $50,000 account for $2,400
  • $100,000 account for $5,280

Aggressive swap-free instant funding account prices:

  • $2,500 account for $210
  • $5,000 account for $420
  • $10,000 account for $780
  • $25,000 account for $1,500
  • $50,000 account for $2,600
  • $100,000 account for $5,555

Aggressive instant funding accounts require traders to follow the following drawdown limitations: 16% equity drawdown and 10% equity drawdown in one trading day. By following the two main rules, you are eligible for weekly withdrawals if you reach a weekly withdrawal threshold of 5%. Your profit split will be starting at 60% and will start increasing based on the scaling plan of your account.

Finotive Funding also has an option to scale your instant funding accounts by being consistently profitable. You can see the spreadsheet of standard instant funding account scaling phases below:

Account sizePhase 1Phase 2Phase 3Phase 4Phase 5Phase 6Phase 7Phase 8Phase 9
$2,500$4,000$7,000$12,000$21,000$35,000$60,000$103,000$174,000$296,000
$5,000$9,000$14,000$25,000$42,000$71,000$121,000$205,000$349,000
$10,000$17,000$29,000$49,000$84,000$142,000$241,000$410,000
$25,000$43,000$72,000$123,000$209,000$355,000$603,000
$50,000$85,000$145,000$246,000$418,000$710,000$1,207,000
$100,000$170,000$289,000$491,000$835,000$1,420,000
Profit target8%9%10%11%12%13%14%15%16%
Profit split60%65%70%75%75%75%75%75%75%

You can see the spreadsheet of aggressive instant funding account scaling phases below:

Account sizePhase 1Phase 2Phase 3Phase 4Phase 5Phase 6Phase 7Phase 8 Phase 9
$2,500$5,000$10,000$20,000$40,000$80,000$160,000$320,000$640,000$1,280,000
$5,000$10,000$20,000$40,000$80,000$160,000$320,000$640,000$1,280,000
$10,000$20,000$40,000$80,000$160,000$320,000$640,000$1,280,000
$25,000$50,000$10,000$200,000$400,000$800,000$1,600,000
$50,000$100,000$200,000$400,000$800,000$1,600,000$3,200,000
$100,000$200,000$400,000$800,000$1,600,000$3,200,000
Profit target16%18%20%22%24%26%28%30%32%
Profit split60%65%70%75%75%75%75%75%75%

At Finotive Funding, they support responsible traders who show a talent for trading. They do not support traders looking to cheat the system, or who trade with a gambling “all-or-nothing” mentality.

In addition to that, it is also prohibited to have any more than three open positions of any lot size one the same instrument at a time. For example, you may have three open positions of GBP/USD, but if you open the 4th, your account will be terminated.

Please note that for direct funding accounts, EAs are forbidden and that account scaling is not permitted for traders using EAs on any account type.

Martingale, grid, and hedging strategies are permitted but must be executed using an EA. Accounts using these approaches will be capped at a 25% profit split. Manually trading these strategies is prohibited.

What makes Finotive Funding different from other prop firms?

Finotive Funding is different from most industry-leading prop firms due to having relaxed trading rules with almost no restrictions. For example, you can trade during news, hold trades overnight, and during the weekends.

Finotive Funding offers a high 100:1 up to 400:1 leverage and an average profit target of 9% in phase one and 7.5% in phase two compared to other prop firms. Comparing that to FTMO who also has an evaluation process made out of phase one with a profit target of 10% and phase two with a profit target of 5%. On the other hand, the evaluation process has 5 minimum trading day requirements. For example, My Forex Funds have the same 5 minimum trading days for their evaluation process, while FTMO has 10 minimum trading days for each phase.

Finotive Funding also offers standard and aggressive instant funding accounts ranging from $2,500 up to $100,000 in balance. Standard accounts have an 8% equity drawdown and 5% daily equity drawdown rule, while aggressive accounts have a 16% equity and 10% daily equity drawdown rule. A difference is in the withdrawal thresholds since standard accounts need a 2.5% profit while aggressive accounts need a 5% profit to be eligible for a withdrawal request.

In conclusion, getting funding from Finotive Funding can be acquired by many different strategies due to their relaxed trading rules with almost no restrictions. You should focus on fulfilling the profit target while not exceeding the daily equity drawdown and overall equity drawdown, or opt for instant funding and start earning from the start.

Is getting Finotive Funding capital realistic?

It’s essential to see how realistic the trading requirements are when looking at prop firms that best suit your forex trading style. For example, a company offering a high % profit split on a highly funded account sounds great, but if they expect high % gains per month with low % maximum drawdowns, your chances of success become close to zero.

After considering all of that, Finotive Funding is a great choice to get funded with. This is since you need to pass an evaluation process of two phases or opt for instant funding and start earning from the start.

The rules for the Evaluation Process are realistic since the profit target in phase one is 9%, and in phase two, only 7.5% with a daily equity drawdown of 5% and 10% overall equity drawdown. Weekend holding, overnight holding, and news trading are also allowed, which is excellent for day traders and swing traders looking for capital up to $1,670,000.

The rules of their instant funding accounts are also realistic since you are required to not surpass 8% equity and 5% daily equity drawdown with standard accounts, and 16% equity and 10% daily equity with aggressive accounts. These accounts are great for experienced traders who want to start earning from the start with an additional potential to scale your account up to $3,200,000.

Payment proof

Finotive Funding was founded by Oliver Newland on the 23rd of April, 2021. You are eligible for payouts after passing the two-stage evaluation or by earning from the start if you prefer instant funding.

You can find proof of payments on their Instagram account under Payouts.

You can see an example of our first profit split from their instant funding program in the pictures below:

Which broker does Finotive Funding use?

Finotive Funding uses Ascot Prime as its broker. They are operated by R Capital Group Ltd. which holds a license from the Seychelles Financial Services Authority (FSA) to act as a Securities Dealer in accordance with the Securities Act.

As for trading platforms, you are allowed to use MetaTrader 4.

Trading instruments

Finotive Funding allows its clients to trade forex pairs, commodities, indices, and cryptocurrencies.

Education & Support for traders

Finotive Funding does not provide any educational content on its website.

While Finotive Funding doesn’t have their thread on ForexFactory, they have been mentioned numerous times in another thread named ‘’PROP FIRM HUB’’ made by a user named Masterrmind.

To see the mentioned thread click here.

They also have a modern dashboard where traders can check their performance:

Trader’s comments about Finotive Funding

Finotive Funding has excellent feedback from their reviews.

On Trustpilot, they have a large variety of their community commenting and giving positive feedback with an incredible score of 4.6/5 out of 57 reviews.

Most of Finotive Funding community praises their customer support team, who seem to be prompt and patient while dealing with their client’s issues and resolving them.

Another comment mentioned their diversity with their account sizes that start from $2,500 up to $200,000, making it also accessible for traders that have limited amounts of capital.

Social media statistics

Finotive Funding can also be found on social media.

They have a:

Support

Finotive Funding has a FAQ section on their website where you might find the missing information.

The support team is available on their social media, or you can directly contact them on their email info@finotivefunding.com.

Another option is the live chat support on their website, where you can contact them, and you will receive the desired information or help.

Registration process

To register with Finotive Funding, you will require to complete the following steps.

1. Sign up for account

2. Choose your account

3. Click on the dashboard to see your login details and account statistic

4. Visit the payouts section in order to make a withdrawal, traders can withdraw every week

Conclusion

In conclusion, Finotive Funding is a legitimate prop firm offering funding upon completion of the two-stage evaluation process for traders worldwide. With funding accounts from $2,500 up to $200,000 in balance with a high up to 95% profit split, monthly payments, and relaxed trading rules, it’s an excellent firm for undercapitalized traders seeking investors for their trading.

Another option Finotive Funding is offer is its standard and aggressive instant funding accounts, ranging from $2,500 up to $100,000 capital. Adding a generous profit split of up to 75%, weekly payments, scaling plan up to $3,200,000, and relaxed trading rules to an already favorable direct funding program, it’s an excellent choice for any trader looking to start earning from the start.

I would recommend Finotive Funding to anyone who has been reaching consistent results. While they are still a relatively new firm, they offer excellent conditions for a big pool of different trading styles for individuals.

This review about Finotive Funding was lastly updated on 05.05.2022 at 10:58 (CE(S)T).

So, what do you think about the layout of the Proprietary Trading firm? Does Finotive Funding have the instruments that you want to trade?

Let us know if you enjoyed our Finotive Funding Proprietary Trading firm review!

Use the following code for a 5% discount + increased 80% profit split: FOREXPROPREVIEWS

Finotive Funding Review (discount code: FOREXPROPREVIEWS) Details

Trading platform
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*Choose your account size and make a payment
4.0
Fees
4.0
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4.0
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4.0
Customer Support
4.0 Overall Rating

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