In this article, we will be making a general and one-step comparison between Finotive Funding and City Traders Imperium.
In this article, we will be making a general and one-step comparison between Finotive Funding and City Traders Imperium.
In this article, we will be making a general and one-step comparison between Finotive Funding and City Traders Imperium. We will compare the two mentioned proprietary trading firms in general and what they are offering to forex traders worldwide.
Company Details | Finotive Funding | City Traders Imperium |
---|---|---|
Incorporation date | April 2021 | July 2018 |
CEO | Oliver Newland | Daniel Martin Martin Najat |
Office Location | Budapest, Hungary | London, UK |
Maximum Allocation Capital | 3x 200,000 | $4,000,000 |
Finotive Funding and City Traders Imperium are both reliable and trustworthy proprietary trading firms. Finotive Funding was incorporated in April 2021, while City Traders Imperium started operating in July 2018. When it comes to CEOs, Oliver Newland is the CEO of Finotive Funding, while City Traders Imperium is being run by Daniel Martin and Martin Najat. Finotive Funding has offices located in Budapest, Hungary, while City Traders Imperium has its headquarters in London, UK. And lastly, when it comes to the maximum allocation capital, traders can manage 3x 200k one-step evaluation accounts with Finotive Funding, while with City Traders Imperium, traders can manage 2x 70k one-step evaluation accounts. Note that both proprietary trading firms also have a scaling plan.
Funding Program Options | Finotive Funding | City Traders Imperium |
---|---|---|
One-phase Evaluation | ✅ | ✅ |
Two-phase Evaluation | ✅ | ✅ |
Instant Funding | ✅ | ✅ |
Finotive Funding and City Traders Imperium both offer funding programs to forex traders worldwide. Finotive Funding offers a one-step evaluation, two-step evaluation, and instant funding programs. City Traders Imperium, on the other hand, offers a one-step evaluation, a two-step evaluation, and direct funding programs.
That being said, let’s take a look at the comparison of the one-step evaluation programs.
One-step Comparison:
Trading Rules/Objectives | Finotive Funding | City Traders Imperium |
---|---|---|
Profit Target | 10% | 9% |
Daily Drawdown | 4% | ❌ |
Overall Drawdown | 7.5% | 5% |
Leverage | 1:100 up to 1:400 | 1:10 |
Minimum Trading Days | No limit | No time limit |
Trading Period | No limit | No time limit |
Profit Split | 75% up to 95% | 50% up to 100% |
Now that we have covered all the rules and guidelines of the one-step evaluation. Let’s take a closer look at prices.
Account Size | Finotive Funding | City Traders Imperium |
---|---|---|
$2,500 | $60 | ❌ |
$5,000 | $90 | $99 |
$10,000 | $120 | $159 |
$25,000 | $180 | $299 |
$50,000 | $360 | $559 |
$75,000 | ❌ | $799 |
$100,000 | $600 | $949 |
$200,000 | $1,140 | ❌ |
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 | City Traders Imperium | |
---|---|---|
Broker | Finotive Markets | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions |
Trading Platform | MetaTrader 5 | MetaTrader 5 |
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 City Traders Imperium.
Trading Instrument | Finotive Funding | City Traders Imperium |
---|---|---|
Forex pairs | ✅ | ✅ |
Commodities | ✅ | ✅ |
Indices | ✅ | ✅ |
Crypto | ✅ | ❌ |
The last topic we will go through is community feedback from Finotive Funding and City Traders Imperium. We will be looking at feedback from Trustpilot regarding both proprietary trading firms.
Trustpilot Statistis | Finotive Funding | City Traders Imperium |
---|---|---|
Rating | 4.3/5 | 4.8/5 |
Number of Reviews | 279 | 922 |
Finotive Funding has a rating of 4.3/5 out of a total of 279 reviews, while City Traders Imperium has a rating of 4.8/5 out of 922 reviews. Based on the statistics, we can clearly see that City Traders Imperium is the more popular proprietary trading firm at the moment. However, based on the recent updates that Finotive Funding has presented, they have also grown significantly in popularity.
In conclusion, Finotive Funding and City Traders Imperium 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 a one-step evaluation, two-step evaluation, and instant funding. On the other hand, City Traders Imperium offers a one-step evaluation, a two-step evaluation, and direct funding programs.
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
City Traders Imperium 10% active discount code: CTI10%
This comparison was lastly updated on 04.10.2023 at 09:22 (CE(S)T).