Finotive Funding & TopTier Trader Two-step Comparison
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Welcome to our comparison between Finotive Funding and TopTier 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 | TopTier Trader |
|---|---|---|
| Incorporation Date | April 2021 | October 2021 |
| CEO | Oliver Newland | Dave Guttman |
| Office Location | Budapest, Hungary | Delaware, United States |
| Scaling Plan |  | |
Finotive Funding and TopTier 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. TopTier Trader, on the other hand, was incorporated in October 2021 while being managed by its CEO, Dave Guttman. Additionally, their offices are located in Delaware, United States.
Funding Program Options
| Funding Program Options | Finotive Funding | TopTier Trader |
|---|---|---|
| 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. TopTier Trader, 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 | TopTier Challenge |
|---|---|---|---|
| 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 | 1:50 (1:100 with Add-on) |
| Profit Split | 75% up to 100% + Monthly Salary | 75% up to 95% | 80% (90% with Add-on) |
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 | TopTier Challenge |
|---|---|---|---|
| $2,500 | | $50 | |
| $5,000 | | $75 | $65 |
| $10,000 | | $100 | $129 |
| $25,000 | | $150 | $229 |
| $50,000 | $550 | $300 | $335 |
| $100,000 | $850 | $500 | $499 |
| $200,000 | $1,600 | $950 | $975 |
| $300,000 | | | $1,345 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with Finotive Funding and TopTier Trader, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
| Finotive Funding | TopTier Trader | |
|---|---|---|
| Broker | Finotive Markets | ThinkMarkets |
| Trading Platform | MetaTrader 5 | TradeLocker |
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 TopTier Trader.
| Trading Instrument | Finotive Funding | TopTier Trader |
|---|---|---|
| Forex Pairs | | |
| Commodities | | |
| Indices | | |
| Cryptocurrencies | | |
Community Feedback
The last topic we will cover is community feedback from Finotive Funding and TopTier Trader. The statistics are taken from the Trustpilot page of each of the mentioned companies.
| Trustpilot Statistics | Finotive Funding | TopTier Trader |
|---|---|---|
| Rating | 3.9/5 | 4.2/5 |
| Number of Reviews | 531 | 3,808 |
| 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. TopTier Trader, on the other hand, also has a great rating of 4.2/5. However, this is out of a total of 3,808 reviews, where 87% of them are rated as 5 stars.
Conclusion
In conclusion, Finotive Funding and TopTier 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 TopTier Trader has a single two-step evaluation.
This concludes our comparison between Finotive Funding and TopTier 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
TopTier Trader 20% active discount code: 63ka5k
Our comparison between Finotive Funding and TopTier Trader was last updated on 19.06.2024 at 11:51 (CE(S)T).
