Finotive Funding & The Funded Trader Two-step Comparison
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Welcome to our comparison between Finotive Funding and The Funded Trader, 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 | The Funded Trader |
|---|---|---|
| Incorporation Date | April 2021 | May 2021 |
| CEO | Oliver Newland | Angelo Ciaramello |
| Office Location | Budapest, Hungary | Liberty Hill, Texas |
| Scaling Plan |  | |
Finotive Funding and The Funded Trader 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. The Funded Trader, on the other hand, was incorporated in May 2021 while being managed by its CEO, Angelo Ciaramello. Additionally, their offices are also located in Liberty Hill, Texas.
Funding Program Options
| Funding Program Options | Finotive Funding | The Funded Trader |
|---|---|---|
| One-step Evaluation | | |
| Two-step Evaluation | | |
| Three-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. The Funded Trader, on the other hand, allows its traders to choose between five funding programs to acquire funding, three two-step evaluations, a one-step evaluation, and a three-step evaluation.
Two-step Comparison
| Trading Objectives | Pro Two-Step Challenge | Two-Step Challenge | Standard Challenge | Rapid Challenge | Royal Challenge |
|---|---|---|---|---|---|
| Profit Target (Phase 1) | 7.5% | 7.5% | 10% | 8% | 8% |
| Profit Target (Phase 2) | 5% | 5% | 5% | 5% | 5% |
| Maximum Daily Loss | 5% | 5% | 5% | 5% | 5% |
| Maximum Loss | 10% | 10% | 10% | 8% | 10% |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days | 3 Calendar Days | No Minimum Trading Days | 5 Calendar Days |
| Maximum Trading Period | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited | 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 | 1:200 (1:100 Once Funded) | 1:100 | 1:50 |
| Profit Split | 75% up to 100% + Monthly Salary | 75% up to 95% | 80% up to 90% | 80% up to 90% | 75% 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 | Standard Challenge | Rapid Challenge | Royal Challenge |
|---|---|---|---|---|---|
| $2,500 | | $50 | | | |
| $5,000 | | $75 | $65 | $79 | $60 |
| $10,000 | | $100 | $129 | $129 | $120 |
| $25,000 | | $150 | $199 | $229 | $189 |
| $50,000 | $550 | $300 | $299 | $299 | $289 |
| $100,000 | $850 | $500 | $499 | $499 | $489 |
| $200,000 | $1,600 | $950 | $1,135 | $899 | $1,158 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with Finotive Funding and The Funded Trader, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
| Finotive Funding | The Funded Trader | |
|---|---|---|
| Broker | Finotive Markets | Voyage Markets, Thaurus LTD |
| Trading platform | MetaTrader 5 | MetaTrader 5, cTrader, DXtrade, Match-Trader |
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 The Funded Trader.
| Trading Instrument | Finotive Funding | The Funded Trader |
|---|---|---|
| Forex Pairs | | |
| Commodities | | |
| Indices | | |
| Cryptocurrencies | | |
Community Feedback
The last topic we will cover is community feedback from Finotive Funding and The Funded Trader. The statistics are taken from the Trustpilot page of each of the mentioned companies.
| Trustpilot Statistics | Finotive Funding | The Funded Trader |
|---|---|---|
| Rating | 3.9/5 | 3.4/5 |
| Number of Reviews | 531 | 20,170 |
| 5-Star Ratings | 72% | 69% |
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. The Funded Trader, on the other hand, has an average rating of 3.4/5. However, this is out of a total of 20,170 reviews, where 69% of them are rated as 5 stars.
Conclusion
In conclusion, Finotive Funding and The Funded Trader 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 The Funded Trader has three two-step evaluations, a one-step evaluation, and a three-step evaluation.
This concludes our comparison between Finotive Funding and The Funded Trader. 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
The Funded Trader 10% discount code: FOREXPROPREVIEWS
Our comparison between Finotive Funding and The Funded Trader was last updated on 19.06.2024 at 10:13 (CE(S)T).
