Welcome to our comparison between Finotive Funding and PipFarm, 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 | PipFarm |
---|---|---|
Incorporation date | April 2021 | June 2023 |
CEO | Oliver Newland | James Glyde |
Office Location | Budapest, Hungary | Singapore |
Scaling Plan |
Finotive Funding and PipFarm 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. PipFarm, on the other hand, was incorporated in June 2023 while being managed by its CEO, James Glyde. Additionally, their offices are located in Singapore.
Funding Program Options
Funding Program Options | Finotive Funding | PipFarm |
---|---|---|
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. PipFarm, on the other hand, allows its traders to choose between three funding programs to acquire funding, a two-step evaluation and two one-step evaluations.
One-step Comparison
Trading Rules/Objectives | Pro One-Step Challenge | One-Step Challenge | Static Evaluation | Trailing Evaluation |
---|---|---|---|---|
Profit Target | 10% | 10% | 12% | 12% |
Maximum Daily Loss | 4% | 4% | 3% | 3% |
Maximum Loss | 7.5% | 7.5% | 6% | 12% (Trailing) |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days | 3 Calendar Days | 3 Calendar Days |
Maximum Trading Period | Unlimited | Unlimited | 365 Calendar Days | 365 Calendar Days |
Leverage | 1:100 up to 1:400 | 1:100 up to 1:400 | 1:30 (1:50 with XP Milestone) | 1:30 (1:50 with XP Milestone) |
Profit Split | 75% up to 100% + Monthly Salary | 75% up to 95% | 70% up to 95% | 70% 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 | Static Evaluation | Trailing Evaluation |
---|---|---|---|---|
$2,500 | $45 | |||
$5,000 | $74 | $60 | $60 | |
$10,000 | $119 | $110 | $110 | |
$20,000 | $210 | $210 | ||
$25,000 | $229 | |||
$50,000 | $600 | $349 | $350 | $350 |
$75,000 | $825 | $499 | ||
$100,000 | $1,050 | $549 | $550 | $550 |
$150,000 | $1,550 | $849 | ||
$200,000 | $2,000 | $1,049 | $1,100 | $1,100 |
$300,000 | $1,550 | $1,550 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with Finotive Funding and PipFarm, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
Finotive Funding | PipFarm | |
---|---|---|
Broker | Finotive Markets | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions |
Trading Platform | 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 PipFarm.
Trading Instrument | Finotive Funding | PipFarm |
---|---|---|
Forex Pairs | ||
Commodities | ||
Indices | ||
Cryptocurrencies |
Community Feedback
The last topic we will cover is community feedback from Finotive Funding and PipFarm. The statistics are taken from the Trustpilot page of each of the mentioned companies.
Trustpilot Statistics | Finotive Funding | PipFarm |
---|---|---|
Rating | 3.9/5 | 4.6/5 |
Number of Reviews | 531 | 31 |
5-Star Ratings | 72% | 87% |
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. PipFarm, on the other hand, has an excellent rating of 4.6/5. However, this is out of a total of 31 reviews, where 87% of them are rated as 5 stars.
Conclusion
In conclusion, Finotive Funding and PipFarm 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 PipFarm has a two-step evaluation and two one-step evaluations.
This concludes our comparison between Finotive Funding and PipFarm. 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
PipFarm 25% active discount code: FOREXPROPREVIEWS
Our comparison between Finotive Funding and PipFarm was last updated on 18.06.2024 at 06:57 (CE(S)T).