In this article, we will be making a general and two-step comparison between Finotive Funding and Blue Guardian.
Finotive Funding & Blue Guardian Two-step Comparison
In this article, we will be making a general and two-step comparison between Finotive Funding and Blue Guardian. We will compare the two mentioned proprietary trading firms in general and what they are offering to forex traders worldwide.
Company Details
| Company Details | Finotive Funding | Blue Guardian |
|---|---|---|
| Incorporation Date | April 2021 | September 2021 |
| CEO | Oliver Newland | Sean Bainton |
| Office Location | Budapest, Hungary | West Midlands, UK |
| Maximum Allocation Capital | 3x 200,000 | $400,000 |
Finotive Funding and Blue Guardian are both reliable and trustworthy proprietary trading firms. Finotive Funding was incorporated in April 2021, while Blue Guardian started operating in September 2021. When it comes to CEOs, Oliver Newland is the CEO of Finotive Funding, while Blue Guardian is being run by Sean Bainton. Finotive Funding has offices located in Budapest, Hungary, while Blue Guardian has its headquarters in West Midlands, UK. And lastly, when it comes to the maximum allocation capital, traders can manage 3x 200k two-step evaluation accounts with Finotive Funding, while with Blue Guardian, traders can obtain funding up to $400k. Note that both proprietary trading firms also have a scaling plan.
Funding Program Options
| Funding Program Options | Finotive Funding | Blue Guardian |
|---|---|---|
| One-step Evaluation | ✅ | ✅ |
| Two-step Evaluation | ✅ | ✅ |
| Instant Funding | ✅ | ❌ |
Finotive Funding and Blue Guardian both offer multiple funding programs to forex traders worldwide. Finotive Funding offers a one-step evaluation, a two-step evaluation, and an instant funding program. Blue Guardian, on the other hand, offers two two-step evaluations and a one-step evaluation.
That being said, let’s take a look at the comparison of the two-step evaluation programs.
Two-step Comparison:
| Trading Rules/Objectives | Finotive Funding | Blue Guardian (Elite) | Blue Guardian (Unlimited) |
|---|---|---|---|
| Phase 1 Profit Target | 7.5% | 8% | 8% |
| Phase 2 Profit Target | 5% | 4% | 4% |
| Daily Drawdown | 5% | 4% | 4% |
| Overall Drawdown | 10% | 10% | 8% |
| Leverage | 1:100 up to 1:400 | 1:50 | 1:100 |
| Minimum Trading Days | No minimum trading days | 5 calendar days | No minimum trading days |
| Trading Period | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited |
| Profit Split | 75% up to 95% | 85% | 85% |
Now that we have covered all the rules and guidelines of the two-step evaluation. Let’s take a closer look at prices.
| Account Size | Finotive Funding | Blue Guardian (Elite) | Blue Guardian (Unlimited) |
|---|---|---|---|
| $2,500 | $50 | ❌ | ❌ |
| $5,000 | $75 | ❌ | ❌ |
| $10,000 | $100 | $120 | $87 |
| $25,000 | $150 | $240 | $187 |
| $50,000 | $300 | $370 | $297 |
| $100,000 | $500 | $570 | $497 |
| $200,000 | $950 | $1,090 | $947 |
Brokers & Trading Platforms
After covering all the trading objectives, rules, and pricing, let’s take a closer look at brokers and trading platforms that we can use with each proprietary trading firm.
| Finotive Funding | Blue Guardian | |
|---|---|---|
| Broker | Finotive Markets | Eightcap, Purple Trading Seychelles |
| Trading Platform | MetaTrader 5 | MetaTrader 4, MetaTrader 5 |
Trading Instruments
Another important factor when comparing proprietary trading firms is trading instruments. Below you can see which trading instruments we can trade with Finotive Funding and Blue Guardian.
| Trading Instrument | Finotive Funding | Blue Guardian |
|---|---|---|
| Forex Pairs | ✅ | ✅ |
| Commodities | ✅ | ✅ |
| Indices | ✅ | ✅ |
| Crypto | ✅ | ✅ |
Community Feedback
The last topic we will go through is community feedback from Finotive Funding and Blue Guardian. We will be looking at feedback from Trustpilot regarding both proprietary trading firms.
| Trustpilot Statistics | Finotive Funding | Blue Guardian |
|---|---|---|
| Rating | 4.4/5 | 4.8/5 |
| Number of Reviews | 247 | 544 |
Finotive Funding has a rating of 4.4/5 out of a total of 247 reviews, while Blue Guardian has a rating of 4.8/5 out of 544 reviews. Based on the statistics, we can clearly see that Blue Guardian is the more popular proprietary trading firm at the moment.
Conclusion
In conclusion, Finotive Funding and Blue Guardian are two excellent proprietary trading firm choices for any trader. We can see some clear differences regarding the trading rules and objectives, prices, and community feedback. In addition, we can also see that there is a difference regarding funding program options since Finotive Funding offers the following three: one-step evaluation, two-step evaluation, and instant funding. On the other hand, Blue Guardian offers two two-step evaluations and a one-step evaluation.
We will be ending the comparison with our special discount codes for each of the two compared proprietary trading firms. You can find both discount codes below!
Finotive Funding 5% discount code + 5% increased profit split: FOREXPROPREVIEWS
Blue Guardian 10% active discount code: forexpropreviews
This comparison was lastly updated on 11.08.2023 at 13:57 (CE(S)T).
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