Welcome to our comparison between Finotive Funding and FundedNext, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the one-step evaluations that both offer to traders from all across the globe.
Company Details
Company Details | Finotive Funding | FundedNext |
---|---|---|
Incorporation date | April 2021 | March 2022 |
CEO | Oliver Newland | Abdullah Jayed |
Office Location | Budapest, Hungary | United Arab Emirates & Bangladesh |
Scaling Plan |
Finotive Funding and FundedNext 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. FundedNext, on the other hand, was incorporated in March 2022 while being managed by its CEO, Abdullah Jayed. Additionally, their offices are located in the United Arab Emirates and Bangladesh.
Funding Program Options
Funding Program Options | Finotive Funding | FundedNext |
---|---|---|
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. FundedNext, on the other hand, also allows its traders to choose between six funding programs to acquire funding, three two-step evaluations and three one-step evaluations.
One-step Comparison
Trading Rules/Objectives | Pro One-Step Challenge | One-Step Challenge | One-Step Stellar | Express – Consistency | Express – Non-Consistency |
---|---|---|---|---|---|
Profit Target | 10% | 10% | 10% | 25% | 25% |
Maximum Daily Loss | 4% | 4% | 3% | 5% | 5% |
Maximum Loss | 7.5% | 7.5% | 6% | 10% | 10% |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days | 2 Calendar Days | 10 Calendar Days | 10 Calendar Days |
Maximum Trading Period | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
Leverage | 1:100 up to 1:400 | 1:100 up to 1:400 | 1:100 | 1:100 | 1:100 |
Profit Split | 75% up to 100% + Monthly Salary | 75% up to 95% | 80% up to 95% | 60% up to 95% | 60% up to 95% |
After covering the trading objectives of each company’s one-step evaluations, let’s take a look at the account sizes and costs of these one-step evaluations.
Account Size | Pro One-Step Challenge | One-Step Challenge | One-Step Stellar | Express – Consistency | Express – Non-Consistency |
---|---|---|---|---|---|
$2,500 | $45 | ||||
$5,000 | $74 | ||||
$6,000 | $59 | $49 | $59 | ||
$10,000 | $119 | ||||
$15,000 | $119 | $99 | $119 | ||
$25,000 | $229 | $199 | $199 | $229 | |
$50,000 | $600 | $349 | $299 | $299 | $379 |
$75,000 | $825 | $499 | $299 | $299 | $379 |
$100,000 | $1,050 | $549 | $519 | $549 | $699 |
$150,000 | $1,550 | $849 | $519 | $549 | $699 |
$200,000 | $2,000 | $1,049 | $999 | $999 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with Finotive Funding and FundedNext, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
Finotive Funding | FundedNext | |
---|---|---|
Broker | Finotive Markets | FundedNext Server |
Trading Platform | MetaTrader 5 | MetaTrader 4, MetaTrader 5, cTrader |
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 FundedNext.
Trading Instrument | Finotive Funding | FundedNext |
---|---|---|
Forex Pairs | ||
Commodities | ||
Indices | ||
Cryptocurrencies |
Community Feedback
The last topic we will cover is community feedback from Finotive Funding and FundedNext. The statistics are taken from the Trustpilot page of each of the mentioned companies.
Trustpilot Statistics | Finotive Funding | FundedNext |
---|---|---|
Rating | 3.9/5 | 4.5/5 |
Number of Reviews | 531 | 18,332 |
5-Star Ratings | 72% | 83% |
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. FundedNext, on the other hand, has an excellent rating of 4.5/5. However, this is out of a total of 18,332 reviews, where 83% of them are rated as 5 stars.
Conclusion
In conclusion, Finotive Funding and FundedNext 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 FundedNext has three two-step evaluations and three one-step evaluations.
This concludes our comparison between Finotive Funding and FundedNext. 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
FundedNext 5% active discount code: FOREXPROPREVIEWS
Our comparison between Finotive Funding and FundedNext was last updated on 17.06.2024 at 13:29 (CE(S)T).