In this article, we will compare Finotive Funding and City Traders Imperium in general and what they offer to forex traders.
In this article, we will compare Finotive Funding and City Traders Imperium in general and what they offer to forex traders.
In this article, we will go through what Finotive Funding and City Traders Imperium have to offer. We will compare the firms in general and what they offer to forex traders.
1. Company incorporation
Finotive Funding | City Traders Imperium | |
Incorporation date | April 2021 | July 2018π |
Finotive Funding and City Traders Imperium are legitimate proprietary trading firms. Finotive Funding was incorporated in April 2021. City Traders Imperium, on the other hand, was incorporated in July 2018. Both proprietary trading firms have been working for quite some time, they have made an excellent reputation for themselves and are still attracting attention from forex traders worldwide.
2. Funding program options
Funding program options | Finotive Funding | City Traders Imperium |
One-phase evaluation | β | β |
Two-phase evaluation | β | β |
Direct funding | β | β |
Finotive Funding and City Traders Imperium have the following funding program options that their community can choose from. Finotive Funding has a 2-phase evaluation and direct funding program, while City Traders Imperium has a one-phase evaluation and direct funding program.
Letβs look at the comparison between their direct funding programs since both proprietary trading firms are offering them.
Direct funding program comparison:
Rule/Guideline | Finotive Funding standard | Finotive Funding aggressive | City Traders Imperium |
Profit target | 2.5%π | 5% | 10% |
Daily drawdown | 5% | 10% | No limitπ |
Overall drawdown | 8% | 16%π | 5% |
Leverage | 100:1π | 100:1π | 10:1 |
Trading period | 90 calendar days | 90 calendar days | No limitπ |
Profit split | 55% up to 75%π | 60% up to 75%π | 60% up to 70% |
Now that we have gone through their rules and guidelines for their direct funding programs we are going to go through pricing for different account sizes.
Account size | Finotive Funding standard | Finotive Funding aggressive | City Traders Imperium |
$2,500 | $95 | $165 | β |
$5,000 | $190 | $330 | β |
$10,000 | $335 | $660 | β |
$20,000 | β | β | Β£999 |
$25,000 | $525 | $1,340 | β |
$40,000 | β | β | Β£1,799 |
$50,000 | $1,055π | $2,400 | Β£2,199 |
$70,000 | β | β | Β£3,099 |
$100,000 | $2,100 | $5,280 | β |
3. Broker and trading platform
Now that we have gone through all of the funding programs that they are offering. Letβs compare which brokers and trading platforms you can use with each prop trading firm.
Finotive Funding | City Traders Imperium | |
Broker | Finotive Markets | Liquidity Provider who gives them Direct Market Access |
Trading platform | MetaTrader 4, MetaTrader 5 | MetaTrader 5 |
4. Trading instruments
Another important factor are trading instruments. Letβs see which trading instruments you can trade with Finotive Funding and which with City Traders Imperium.
Trading instrument | Finotive Funding | City Traders Imperium |
Forex pairs | β | β |
Commodities | β | β |
Indices | β | β |
5. Traders’ comments
The last thing we will go through is the feedback from Finotive Funding and City Traders Imperium prop firms. The reviews we will be looking at are from Trustpilot.
Trustpilot statistics | Finotive Funding | City Traders Imperium |
Rating | 4.3/5 | 4.8/5π |
Number of reviews | 83 | 744π |
Finotive Funding has a rating of 4.3/5, while City Traders Imperium has 4.8/5. The number of reviews is quite high for each of the prop firms. Finotive Funding has 83 reviews, while City Traders Imperium has 744. One of the reasons behind the high amount of feedback from their community is that Finotive Funding and City Traders Imperium have been in the industry for quite some time and have acquired a large community.
6. Conclusion
In conclusion, Finotive Funding, and City Traders Imperium are two excellent proprietary trading firms. Both proprietary firms are quite similar. They both offer direct funding programs and have a large community built behind them. This can be easily seen from the reviews on Trustpilot. A significant difference would be the funding options. Finotive Funding offers two: two-phase evaluation and direct funding, while City Traders Imperium offers a one-phase evaluation and direct funding program.
Check our discount codes and reviews about the presented proprietary trading firms to end the comparison:
Finotive Funding 5% discount code + 5% increased profit split: FOREXPROPREVIEWS
City Traders Imperium 5% active discount code: ctidiscount5%
This comparison was lastly updated on 03.11.2022 at 11:36 (CE(S)T).