Comparison between Finotive Funding & The Funded Trader Program

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

Video comparison

1. Company incorporation

	Finotive Funding	The Funded Trader Program
Incorporation date	April 2021💚	May 2021

Finotive Funding and The Funded Trader Program are legitimate proprietary trading firms. Finotive Funding was incorporated in April 2021. The Funded Trader Program, on the other hand, was incorporated in May 2021. Both proprietary trading firms have made an excellent reputation for themselves and are attracting attention from forex traders worldwide.

2. Funding program options

Funding program options	Finotive Funding	The Funded Trader Program
Two-phase evaluation	✅	✅
Direct Funding	✅	❌

Finotive Funding and The Funded Trader Program have the following funding program options that their community can choose from. Finotive Funding has a two-phase evaluation and direct funding, while The Funded Trader Program has a standard two-phase, rapid two-phase, and royal two-phase evaluation.

Let’s look at the comparison between the two-phase evaluation since both proprietary trading firms are offering it.

Two-phase funding program comparison:

Rule/Guideline	Finotive Funding	The Funded Trader Program Standard	The Funded Trader Program Rapid	The Funded Trader Program Royal
Phase 1 profit target	7.5%💚	10%	8%	8%
Phase 2 profit target	5%💚	5%💚	5%💚	5%💚
Daily drawdown	5%	6%💚	5%	5%
Overall drawdown	10%	12%💚	8%	10%
Leverage	1:100 up to 1:400💚	1:60 or 1:200	1:30 or 1:100	1:200
Minimum trading days	5 calendar days	3 calendar days	No minimum trading days💚	5 calendar days
Phase 1 trading period	30 calendar days	35 calendar days💚	35 calendar days💚	35 calendar days💚
Phase 2 trading period	60 calendar days	60 calendar days	60 calendar days	60 calendar days
Profit split	75% up to 95%💚	80% up to 90%	80% up to 90%	80% 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 size	Finotive Funding	The Funded Trader Program Standard	The Funded Trader Program Rapid	The Funded Trader Program Royal
$2,500	$50	❌	❌	❌
$5,000	$75	❌	❌	❌
$10,000	$100	❌	❌	❌
$25,000	$150	❌	❌	❌
$50,000	$300	$315	$299	$289💚
$100,000	$500	$549	$499	$489💚
$200,000	$950	$949	$899💚	$939
$300,000	❌	❌	❌	$1,399
$400,000	❌	$1,898	❌	❌

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 Funding	The Funded Trader Program
Broker	Finotive Markets	Eightcap, Purple Trading Seychelles
Trading platform	MetaTrader 4, MetaTrader 5	MetaTrader 4

4. Trading instruments

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

Trading instrument	Finotive Funding	The Funded Trader Program
Forex pairs	✅	✅
Commodities	✅	✅
Indices	✅	✅
Crypto	✅	✅

5. Traders’ comments

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

Trustpilot statistics	Finotive Funding	The Funded Trader Program
Rating	4.3/5	4.9/5💚
Number of reviews	82	2,311💚

Finotive Funding has a rating of 4.3/5, while The Funded Trader Program has 4.9/5. However, the number of reviews differs immensely. Finotive Funding has only 82 reviews, while The Funded Trader Program has 2,311. One of the reasons behind such a significant difference is that The Funded Trader Program has made an excellent reputation for itself.

6. Conclusion

In conclusion, Finotive Funding and The Funded Trader Program are two excellent proprietary trading firms. The difference can be easily seen from the 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 The Funded Trader Program has a standard two-phase and rapid two-phase evaluation.

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

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

The Funded Trader Program 10% discount code: forexpropreviews

This comparison was lastly updated on 03.11.2022 at 11:39 (CE(S)T).