Finotive Funding & SurgeTrader One-step Comparison
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Welcome to our comparison between Finotive Funding and SurgeTrader, 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 | SurgeTrader |
|---|---|---|
| Incorporation date | April 2021 | September 2021 |
| CEO | Oliver Newland | Jana Seaman |
| Office Location | Budapest, Hungary | Naples, Florida |
| Scaling Plan |  | (One-phase Audition) (Lightning Audition) |
Finotive Funding and SurgeTrader 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. SurgeTrader, on the other hand, was incorporated in September 2021 while being managed by its CEO, Jana Seaman. Additionally, their offices are located in Naples, Florida.
Funding Program Options
| Funding Program Options | Finotive Funding | SurgeTrader |
|---|---|---|
| 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. SurgeTrader, 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 | One-Phase Audition | Lightning Audition |
|---|---|---|---|---|
| Profit Target | 10% | 10% | 10% | 5% |
| Maximum Daily Loss | 4% | 4% | 5% | 3% |
| Maximum Loss | 7.5% | 7.5% | 8% (Trailing) | 4% (Trailing) |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Maximum Trading Period | Unlimited | Unlimited | Unlimited | 7 Calendar Days |
| Leverage | 1:100 up to 1:400 | 1:100 up to 1:400 | 1:10 (1:20 with Add-on) | 1:10 (1:20 with Add-on) |
| Profit Split | 75% up to 100% + Monthly Salary | 75% up to 95% | 75% (90% with Add-on) | 75% (90% with Add-on) |
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-Phase Audition | Lightning Audition |
|---|---|---|---|---|
| $2,500 | | $60 | | |
| $5,000 | | $90 | | |
| $10,000 | | $120 | | $50 |
| $25,000 | | $180 | $250 | $100 |
| $50,000 | $600 | $360 | $400 | $180 |
| $100,000 | $1,050 | $600 | $700 | $300 |
| $200,000 | $2,000 | $1,140 | | |
| $250,000 | | | $1,800 | |
| $500,000 | | | $3,500 | |
| $1,000,000 | | | $6,500 | |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with Finotive Funding and SurgeTrader, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
| Finotive Funding | SurgeTrader | |
|---|---|---|
| Broker | Finotive Markets | ThinkMarkets |
| Trading Platform | MetaTrader 5 | 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 SurgeTrader.
| Trading Instrument | Finotive Funding | SurgeTrader |
|---|---|---|
| Forex Pairs | | |
| Commodities | | |
| Indices | | |
| Stocks | | |
| Cryptocurrencies | | |
Community Feedback
The last topic we will cover is community feedback from Finotive Funding and SurgeTrader. The statistics are taken from the Trustpilot page of each of the mentioned companies.
| Trustpilot Statistics | Finotive Funding | SurgeTrader |
|---|---|---|
| Rating | 4.2/5 | 4.5/5 |
| Number of Reviews | 415 | 1,202 |
| 5-Star Ratings | 76% | 85% |
Finotive Funding has a great rating of 4.2/5. This is out of a total of 415 reviews, where 76% of them are rated as 5 stars. SurgeTrader, on the other hand, has an excellent rating of 4.5/5. However, this is out of a total of 1,202 reviews, where 85% of them are rated as 5 stars.
Conclusion
In conclusion, Finotive Funding and SurgeTrader 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 SurgeTrader has a two-step evaluation and two one-step evaluations.
This concludes our comparison between Finotive Funding and SurgeTrader. 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
SurgeTrader 10% active discount code: FPREVIEWS10OFF
Our comparison between Finotive Funding and SurgeTrader was last updated on 16.04.2024 at 13:51 (CE(S)T).
