In this article, we will be making a general and two-step comparison between Finotive Funding and Fidelcrest.
Finotive Funding & Fidelcrest Two-step Comparison
In this article, we will be making a general and two-step comparison between Finotive Funding and Fidelcrest. 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 | Fidelcrest |
|---|---|---|
| Incorporation Date | April 2021 | September 2018 |
| CEO | Oliver Newland | Jussi Hallikas |
| Office Location | Budapest, Hungary | Nicosia, Cyprus |
| Maximum Allocation Capital | 3x 200,000 | 2x $1,000,000 |
Finotive Funding and Fidelcrest are both reliable and trustworthy proprietary trading firms. Finotive Funding was incorporated in April 2021, while Fidelcrest started operating in September 2018. When it comes to CEOs, Oliver Newland is the CEO of Finotive Funding, while Fidelcrest is being run by Jussi Hallikas. Finotive Funding has offices located in Budapest, Hungary, while Fidelcrest has its headquarters in Nicosia, Cyprus. And lastly, when it comes to the maximum allocation capital, traders can manage 3x 200k two-step evaluation accounts with Finotive Funding, while with Fidelcrest, traders can obtain funding up to 2x $1,000,000.
Funding Program Options
| Funding Program Options | Finotive Funding | Fidelcrest |
|---|---|---|
| One-step Evaluation | ✅ | ❌ |
| Two-step Evaluation | ✅ | ✅ |
| Instant Funding | ✅ | ❌ |
Finotive Funding and Fidelcrest 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. Fidelcrest, on the other hand, offers a two-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 | Fidelcrest (Normal) | Fidelcrest (Aggressive) |
|---|---|---|---|
| Phase 1 Profit Target | 7.5% | 10% | 15% or 20% |
| Phase 2 Profit Target | 5% | 5% or 10% | 15% or 20% |
| Daily Drawdown | 5% | 5% | 10% |
| Overall Drawdown | 10% | 10% | 20% |
| Leverage | 1:100 up to 1:400 | 1:100 up to 1:200 | 1:100 up to 1:200 |
| Minimum Trading Days | No minimum trading days | No minimum trading days | No minimum trading days |
| Trading Period | Step 1: No limit Step 2: No limit | Step 1: 60 Calendar Days Step 2: 60 Calendar Days (Unlimited with add-on) | Step 1: 60 Calendar Days Step 2: 60 Calendar Days (Unlimited with add-on) |
| Profit split | 75% up to 95% | 80% | 90% |
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 | Fidelcrest (Normal) | Fidelcrest (Aggressive) |
|---|---|---|---|
| $2,500 | $50 | ❌ | ❌ |
| $5,000 | $75 | ❌ | ❌ |
| $10,000 | $100 | ❌ | ❌ |
| $15,000 | ❌ | €99 | €199 |
| $25,000 | $150 | ❌ | ❌ |
| $30,000 | ❌ | €199 | €299 |
| $50,000 | $300 | ❌ | ❌ |
| $60,000 | ❌ | €299 | €399 |
| $100,000 | $500 | ❌ | ❌ |
| $200,000 | $950 | ❌ | ❌ |
| $250,000 | ❌ | €999 | €1,999 |
| $500,000 | ❌ | €1,899 | €3,499 |
| $1,000,000 | ❌ | €2,999 | ❌ |
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 | Fidelcrest | |
|---|---|---|
| Broker | Finotive Markets | Foreign Exchange Clearing House |
| 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 Fidelcrest.
| Trading Instrument | Finotive Funding | Fidelcrest |
|---|---|---|
| Forex Pairs | ✅ | ✅ |
| Commodities | ✅ | ✅ |
| Indices | ✅ | ✅ |
| Stocks | ❌ | ✅ |
| Crypto | ✅ | ✅ |
Community Feedback
The last topic we will go through is community feedback from Finotive Funding and Fidelcrest. We will be looking at feedback from Trustpilot regarding both proprietary trading firms.
| Trustpilot Statistics | Finotive Funding | Fidelcrest |
|---|---|---|
| Rating | 4.3/5 | 4.6/5 |
| Number of Reviews | 279 | 1,260 |
Finotive Funding has a rating of 4.3/5 out of a total of 279 reviews, while Fidelcrest has a rating of 4.6/5 out of 1,260 reviews. Based on the statistics, we can clearly see that Fidelcrest is the more popular proprietary trading firm at the moment.
Conclusion
In conclusion, Finotive Funding and Fidelcrest 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, Fidelcrest offers a two-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
Fidelcrest 15% active discount code: FPR-15
This comparison was lastly updated on 04.10.2023 at 10:49 (CE(S)T).
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