In this article, we will be making a general and two-step comparison between Finotive Funding and Funded Trading Plus.
Finotive Funding & Funded Trading Plus Two-step Comparison
In this article, we will be making a general and two-step comparison between Finotive Funding and Funded Trading Plus. 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 | Funded Trading Plus |
|---|---|---|
| Incorporation Date | April 2021 | November 2021 |
| CEO | Oliver Newland | Simon Massey |
| Office Location | Budapest, Hungary | London, UK |
| Maximum Allocation Capital | 3x 200,000 | 2x $200,000 |
Finotive Funding and Funded Trading Plus are both reliable and trustworthy proprietary trading firms. Finotive Funding was incorporated in April 2021, while Funded Trading Plus started operating in November 2021. When it comes to CEOs, Oliver Newland is the CEO of Finotive Funding, while Funded Trading Plus is being run by Simon Massey. Finotive Funding has offices located in Budapest, Hungary, while Funded Trading Plus has its headquarters in London, 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 Funded Trading Plus, traders can obtain funding up to 2x $200k. Note that both proprietary trading firms also have a scaling plan.
Funding Program Options
| Funding Program Options | Finotive Funding | Funded Trading Plus |
|---|---|---|
| One-step Evaluation | ✅ | ✅ |
| Two-step Evaluation | ✅ | ✅ |
| Instant Funding | ✅ | ✅ |
Finotive Funding and Funded Trading Plus 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. Funded Trading Plus, on the other hand, offers a one-step evaluation, two two-step evaluations, and an instant funding program.
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 | Funded Trading Plus (Advanced) | Funded Trading Plus (Premium) |
|---|---|---|---|
| Phase 1 Profit Target | 7.5% | 10% | 8% |
| Phase 2 Profit Target | 5% | 5% | 5% |
| Daily Drawdown | 5% | 5% | 4% |
| Overall Drawdown | 10% | 10% (Trailing) | 8% (Trailing) |
| Leverage | 1:100 up to 1:400 | 1:30 | 1:30 |
| Minimum Trading Days | No minimum trading days | No minimum trading 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% | 80% up to 90% | 80% up to 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 | Funded Trading Plus (Advanced) | Funded Trading Plus (Premium) |
|---|---|---|---|
| $2,500 | $50 | ❌ | ❌ |
| $5,000 | $75 | ❌ | ❌ |
| $10,000 | $100 | ❌ | ❌ |
| $25,000 | $150 | $199 | $247 |
| $50,000 | $300 | $349 | $397 |
| $100,000 | $500 | $499 | $548 |
| $200,000 | $950 | $999 | $1,097 |
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 | Funded Trading Plus | |
|---|---|---|
| Broker | Finotive Markets | Eightcap |
| 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 Funded Trading Plus.
| Trading Instrument | Finotive Funding | Funded Trading Plus |
|---|---|---|
| Forex Pairs | ✅ | ✅ |
| Commodities | ✅ | ✅ |
| Indices | ✅ | ✅ |
| Crypto | ✅ | ✅ |
Community Feedback
The last topic we will go through is community feedback from Finotive Funding and Funded Trading Plus. We will be looking at feedback from Trustpilot regarding both proprietary trading firms.
| Trustpilot Statistics | Finotive Funding | Funded Trading Plus |
|---|---|---|
| Rating | 4.3/5 | 4.9/5 |
| Number of Reviews | 279 | 1,788 |
Finotive Funding has a rating of 4.3/5 out of a total of 279 reviews, while Funded Trading Plus has a rating of 4.9/5 out of 1,788 reviews. Based on the statistics, we can clearly see that Funded Trading Plus is the more popular proprietary trading firm at the moment.
Conclusion
In conclusion, Finotive Funding and Funded Trading Plus 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, Funded Trading Plus also offers a one-step evaluation, two two-step evaluations, and instant funding.
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
Funded Trading Plus 10% active discount code: FOREXPROPREVIEWS
This comparison was lastly updated on 04.10.2023 at 10:54 (CE(S)T).
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