Welcome to our comparison between Finotive Funding and FTMO, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the two-step evaluations that both offer to traders from all across the globe.
Company Details
Company Details | Finotive Funding | FTMO |
---|---|---|
Incorporation Date | April 2021 | September 2015 |
CEO | Oliver Newland | Otakar Suffner |
Office Location | Budapest, Hungary | Prague, Czech Republic |
Scaling Plan |
Finotive Funding and FTMO are two reputable and trustworthy proprietary trading firms. Finotive Funding was incorporated in April 2021 while being managed by their CEO, Oliver Newland. They have their offices located in Budapest, Hungary. FTMO, on the other hand, was incorporated in September 2015 while being managed by its CEO, Otakar Suffner. Additionally, their offices are also located in Prague, Czech Republic.
Funding Program Options
Funding Program Options | Finotive Funding | FTMO |
---|---|---|
One-step Evaluation | ||
Two-step Evaluation | ||
Instant Funding |
Finotive Funding provides their traders with an opportunity to choose between six funding programs to acquire funding, two two-step evaluations, two one-step evaluations, and two instant funding programs. FTMO, on the other hand, allows its traders to acquire funding after passing their two-step evaluation
Two-step Comparison
Trading Objectives | Pro Two-Step Challenge | Two-Step Challenge | Evaluation Program |
---|---|---|---|
Profit Target (Phase 1) | 7.5% | 7.5% | 10% |
Profit Target (Phase 2) | 5% | 5% | 5% |
Maximum Daily Loss | 5% | 5% | 5% |
Maximum Loss | 10% | 10% | 10% |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days | 4 Calendar Days |
Maximum Trading Period | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited |
Leverage | 1:100 up to 1:400 | 1:100 up to 1:400 | 1:100 |
Profit Split | 75% up to 100% + Monthly Salary | 75% up to 95% | 80% up to 90% |
After covering the trading objectives of each company’s two-step evaluations, let’s take a look at the account sizes and costs of these two-step evaluations.
Account Size | Pro Two-Step Challenge | Two-Step Challenge | Evaluation Program |
---|---|---|---|
$2,500 | $50 | ||
$5,000 | $75 | ||
$10,000 | $100 | €155 | |
$25,000 | $150 | €250 | |
$50,000 | $550 | $300 | €345 |
$100,000 | $850 | $500 | €540 |
$200,000 | $1,600 | $950 | €1,080 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with Finotive Funding and FTMO, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
Finotive Funding | FTMO | |
---|---|---|
Broker | Finotive Markets | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions |
Trading Platform | MetaTrader 5 | MetaTrader 4, MetaTrader 5, cTrader, DXtrade |
Trading instruments
Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with Finotive Funding and which with FTMO.
Trading Instrument | Finotive Funding | FTMO |
---|---|---|
Forex Pairs | ||
Commodities | ||
Indices | ||
Stocks | ||
Cryptocurrencies |
Community Feedback
The last topic we will cover is community feedback from Finotive Funding and FTMO. The statistics are taken from the Trustpilot page of each of the mentioned companies.
Trustpilot Statistics | Finotive Funding | FTMO |
---|---|---|
Rating | 3.9/5 | 4.8/5 |
Number of Reviews | 531 | 13,324 |
5-Star Ratings | 72% | 92% |
Finotive Funding has a great rating of 3.9/5. This is out of a total of 531 reviews, where 72% of them are rated as 5 stars. FTMO, on the other hand, has an excellent rating of 4.8/5. However, this is out of a total of 13,324 reviews, where 92% of them are rated as 5 stars.
Conclusion
In conclusion, Finotive Funding and FTMO are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. Finotive Funding has two two-step evaluations, two one-step evaluations, and two instant funding programs, while FTMO has a single two-step evaluation.
This concludes our comparison between Finotive Funding and FTMO. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!
Finotive Funding 5% discount code + 5% increased profit split: FOREXPROPREVIEWS
Our comparison between Finotive Funding and FTMO was last updated on 19.06.2024 at 09:41 (CE(S)T).