Comparison between Finotive Funding & Top Tier Trader

In this article, we will compare Finotive Funding and Top Tier Trader in general and what they offer to forex traders.

Home Β» Comparison between Finotive Funding & Top Tier Trader

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

1. Company incorporation

Finotive FundingTop Tier Trader
Incorporation dateApril 2021October 2021πŸ’š

Finotive Funding and Top Tier Trader are legitimate proprietary trading firms. Finotive Funding was incorporated in April 2021. Top Tier Trader, on the other hand, was incorporated in October 2021. Finotive Funding and Top Tier Trader are both relatively new proprietary trading firms that are attracting traders worldwide.

2. Funding program options

Funding program optionsFinotive FundingTop Tier Trader
Two-phase evaluationβœ…βœ…
Direct Fundingβœ…βŒ

Finotive Funding and Top Tier Trader have the following funding program options that their community can choose from. Finotive Funding offers a two-phase evaluation and direct funding, while Top Tier Trader only offers a 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/GuidelineFinotive FundingTop Tier TraderTop Tier Trader Plus
Phase 1 profit target7.5%πŸ’š10%8%
Phase 2 profit target5%5%5%
Daily drawdown5%5%5%
Overall drawdown10%10%8%
Leverage1:100 up to 1:400πŸ’š1:30 or 1:1001:100
Minimum trading days5 calendar daysπŸ’š7 calendar days7 calendar days
Phase 1 trading period30 calendar days30 calendar days30 calendar days
Phase 2 trading period60 calendar days60 calendar days60 calendar days
Profit split75% up to 95%πŸ’š80%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 sizeFinotive FundingTop Tier TraderTop Tier Trader Plus
$2,500$50❌❌
$5,000$75❌❌
$10,000$100❌❌
$25,000$150πŸ’š$275$250
$50,000$300πŸ’š$400$375
$100,000$500πŸ’š$625$599
$200,000$950πŸ’š$1,099$999
$300,000❌❌$1,399

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 FundingTop Tier Trader
BrokerFinotive MarketsVital Markets
Trading platformMetaTrader 4, MetaTrader 5MetaTrader 4, MetaTrader 5

4. Trading instruments

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

Trading instrumentFinotive FundingTop Tier Trader
Forex pairsβœ…βœ…
Commoditiesβœ…βœ…
Indicesβœ…βœ…
CryptoβŒβœ…

5. Traders’ comments

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

Trustpilot statisticsFinotive FundingTop Tier Trader
Rating4.3/54.9/5πŸ’š
Number of reviews831,990πŸ’š

Finotive Funding has a rating of 4.3/5, while Top Tier Trader is 4.9/5. However, the number of reviews differs immensely. Finotive Funding has only 83 reviews, while Top Tier Trader has 1,990. 

6. Conclusion

In conclusion, Finotive Funding and Top Tier Trader are two excellent proprietary trading firms. The difference can be easily seen in 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 Top Tier Trader has a 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

Top Tier Trader 5% discount code: TMZ2IGAINC

This comparison was lastly updated on 21.11.2022 at 10:32 (CE(S)T).

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