Comparison between FundedNext & Finotive Funding

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

Video comparison

1. Company incorporation

	FundedNext	Finotive Funding
Incorporation date	March 2022	April 2021💚

FundedNext and Finotive Funding are legitimate proprietary trading firms. FundedNext was incorporated in March 2022. Finotive Funding, on the other hand, was incorporated in April 2021. However, despite the difference in the operating time of each firm, both have the potential to continue developing and attracting traders worldwide for years to come.

2. Funding program options

Funding program options	FundedNext	Finotive Funding
One-phase evaluation	✅	❌
Two-phase evaluation	✅	✅
Direct Funding	❌	✅

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

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	FundedNext	Finotive Funding
Phase 1 profit target	10%	7.5%💚
Phase 2 profit target	5%💚	5%💚
Daily drawdown	5%	5%
Overall drawdown	10%	10%
Leverage	100:1	100:1 up to 400:1
Minimum trading days	5 calendar days	5 calendar days
Phase 1 trading period	30 calendar days	30 calendar days
Phase 2 trading period	60 calendar days	60 calendar days
Profit split	80% up to 90%	75% up to 95%💚

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	FundedNext	Finotive Funding
$2,500	❌	$50
$5,000	❌	$75
$10,000	❌	$100
$15,000	$99	❌
$25,000	$199	$150💚
$50,000	$299💚	$300
$100,000	$549	$500💚
$200,000	$999	$950💚

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.

	FundedNext	Finotive Funding
Broker	Eightcap	Finotive Markets
Trading platform	MetaTrader 4	MetaTrader 4, MetaTrader 5

4. Trading instruments

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

Trading instrument	FundedNext	Finotive Funding
Forex pairs	✅	✅
Commodities	✅	✅
Indices	✅	✅
Crypto	❌	✅

5. Traders’ comments

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

Trustpilot statistics	FundedNext	Finotive Funding
Rating	4.4/5💚	4.3/5
Number of reviews	279💚	83

FundedNext has a rating of 4.4/5, while Finotive Funding has 4.3/5. However, the number of reviews differs immensely. FundedNext has only 279 reviews, while Finotive Funding has 83. One of the reasons behind such a significant difference is that FundedNext has started operating in March 2022 and has gained a huge following from the start.

6. Conclusion

In conclusion, FundedNext and Finotive Funding are two excellent proprietary trading firms. The main difference between them would be the incorporation date since FundedNext has just started operating in March 2022 The difference can be easily seen from the reviews on Trustpilot. Besides that, the other significant difference would be the funding options. FundedNext offers two: one-phase and two-phase evaluations, while Finotive Funding has a two-phase evaluation and direct funding.

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

FundedNext 5% active discount code: FOREXPROPREVIEWS

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

This comparison was lastly updated on 03.11.2022 at 11:49 (CE(S)T).