Comparison between Finotive Funding & Funded Trading Plus

In this article, we will compare Finotive Funding and Funded Trading Plus in general and what they offer to forex traders.

Home Β» Comparison between Finotive Funding & Funded Trading Plus

In this article, we will go through what Finotive Funding and Funded Trading Plus have to offer. We will compare the firms in general and what they offer to forex traders.

1. Company incorporation

Finotive FundingFunded Trading Plus
Incorporation dateApril 2021πŸ’šNovember 2021

Finotive Funding and Funded Trading Plus are legitimate proprietary trading firms. Finotive Funding was incorporated in April 2021 and has become one of the most successful firms in the industry. Funded Trading Plus, on the other hand, is a relatively new proprietary trading firm incorporated in November 2021. However, despite the short period they are operating, they have made an excellent reputation for themselves and are attracting attention from forex traders worldwide.

2. Funding program options

Funding program optionsFinotive FundingFunded Trading Plus
One-phase evaluationβŒβœ…
Two-phase evaluationβœ…βœ…
Direct fundingβœ…βœ…

Finotive Funding and Funded Trading Plus have the following funding program options that their community can choose from. Finotive Funding has a two-phase evaluation and direct funding, while Funded Trading Plus has a one-phase evaluation, two-phase evaluation, and direct funding.

Let’s look at the comparison between their two-phase evaluation and direct funding programs since both proprietary trading firms are offering them.

Two-phase funding program comparison:

Rule/GuidelineFinotive FundingFunded Trading Plus
Phase 1 profit target7.5%πŸ’š10%
Phase 2 profit target5%πŸ’š5%πŸ’š
Daily drawdown5%5%
Overall drawdown10%10%
Leverage100:1 up to 400:1πŸ’š30:1
Minimum trading days5 calendar daysNo minimum trading daysπŸ’š
Phase 1 trading period30 calendar daysNo limitπŸ’š
Phase 2 trading period60 calendar daysNo limitπŸ’š
Profit split75% up to 95%πŸ’š80% up to 90%

Now that we have gone through their rules and guidelines for their two-phase evaluation challenges we are going to go through pricing for different account sizes.

Account sizeFinotive FundingFunded Trading Plus
$2.500$50❌
$5,000$75❌
$10,000$100❌
$25,000$150πŸ’š$199
$50,000$300πŸ’š$349
$100,000$500$499πŸ’š
$200,000$950$999

Let’s look at the comparison between their direct funding programs since both proprietary trading firms are offering them.

Direct funding program comparison:

Rule/GuidelineFinotive Funding standardFinotive Funding aggressiveFunded Trading Plus
Profit target2.5%πŸ’š5%5%
Daily drawdown5%10%No limitπŸ’š
Overall drawdown8%16%πŸ’š5%
Leverage100:1πŸ’š100:1πŸ’š10:1
Minimum trading daysNo limitNo limitNo limit
Trading period90 calendar days90 calendar daysNo limitπŸ’š
Profit split55% up to 75%60% up to 75%70% up to 90%πŸ’š

Now that we have gone through their rules and guidelines for their two-phase evaluation challenges we are going to go through pricing for different account sizes.

Account sizeFinotive Funding standardFinotive Funding aggressiveFunded Trading Plus
$2.500$95$165❌
$5,000$190πŸ’š$330$225
$10,000$335πŸ’š$660$450
$25,000$525πŸ’š$1,340$1,125
$50,000$1,055πŸ’š$2,400$2,250
$100,000$2,100πŸ’š$5,280$4,500

3. Broker and trading platform

Now that we have gone through all of the funding programs that they are offering. Let’s compare which brokers and trading platforms you can use with each prop trading firm.

Finotive FundingFunded Trading Plus
BrokerFinotive MarketsEightcap
Trading platformMetaTrader 4, MetaTrader 5MetaTrader 4, MetaTrader 5. TradingViewπŸ’š

4. Trading instruments

Another important factor are trading instruments. Let’s see which trading instruments you can trade with Finotive Funding and which with Funded Trading Plus.

Trading instrumentFinotive FundingFunded Trading Plus
Forex pairsβœ…βœ…
Commoditiesβœ…βœ…
Indicesβœ…βœ…
Cryptoβœ…βœ…

5. Traders’ comments

The last thing we will go through is the feedback from Finotive Funding and Funded Trading Plus prop firms. The reviews we will be looking at are from Trustpilot.

Trustpilot statisticsFinotive FundingFunded Trading Plus
Rating4.3/54.9/5πŸ’š
Number of reviews83375πŸ’š

Finotive Funding has a rating of 4.3/5, while Funded Trading Plus has 4.9/5. The number of reviews is quite small for both prop firms, Finotive Funding has 83 reviews, while Funded Trading Plus has 375. One of the reasons behind such a small number of reviews is that both firms are in business for less than a year.

6. Conclusion

In conclusion, Finotive Funding, and Funded Trading Plus are two relatively new but excellent proprietary trading firms. They have a similar incorporation date, which can be easily seen from the number of reviews on Trustpilot. Besides that, the other significant difference would be the funding options. Finotive Funding offers a two-phase evaluation and direct funding, while Funded Trading Plus has a one-phase, two-phase evaluation, and direct funding.

Check our discount codes about the presented proprietary trading firms to end the comparison:

Finotive Funding 5% discount code + 5% increased profit split: FOREXPROPREVIEWS

Funded Trading Plus 7% active discount code: FOREXPROPREVIEWS

This comparison was lastly updated on 03.11.2022 at 11:52 (CE(S)T).

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