Finotive Funding & FundedNext Two-step Comparison

In this article, we will be making a general and two-step comparison between Finotive Funding and FundedNext. 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	FundedNext
Incorporation Date	April 2021	March 2022
CEO	Oliver Newland	Abdullah Jayed
Office Location	Budapest, Hungary	UAE, USA, UK, Bangladesh
Maximum Allocation Capital	3x 200,000	$300,000

Finotive Funding and FundedNext are both reliable and trustworthy proprietary trading firms. Finotive Funding was incorporated in April 2021, while FundedNext started operating in March 2022. When it comes to CEOs, Oliver Newland is the CEO of Finotive Funding, while FundedNext is being run by Abdullah Jayed. Finotive Funding has offices located in Budapest, Hungary, while FundedNext has its headquarters in UAE, USA, UK, and Bangladesh. And lastly, when it comes to the maximum allocation capital, traders can manage 3x 200k two-step evaluation accounts with Finotive Funding, while with FundedNext, traders can also obtain funding up to 300k. Note that both proprietary trading firms also have a scaling plan.

Funding Program Options

Funding Program Options	Finotive Funding	FundedNext
One-step Evaluation	✅	✅
Two-step Evaluation	✅	✅
Instant Funding	✅	❌

Finotive Funding and FundedNext both offer multiple funding programs to forex traders worldwide. Finotive Funding offers a one-step evaluation, two-step evaluation, and an instant funding program. FundedNext, on the other hand, offers two one-step evaluations and two two-step evaluations.

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	FundedNext (Evaluation)	FundedNext (Stellar)
Phase 1 Profit Target	7.5%	10%	8%
Phase 2 Profit Target	5%	5%	5%
Daily Drawdown	5%	5%	5%
Overall Drawdown	10%	10%	10%
Leverage	1:100 up to 1:400	1:100	1:100
Minimum Trading Days	No minimum trading days	5 calendar days	5 calendar days
Trading Period	Step 1: Unlimited Step 2: Unlimited	Step 1: 30 calendar days Step 2: 60 calendar days	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	FundedNext (Evaluation)	FundedNext (Stellar)
$2,500	$50	❌	❌
$5,000	$75	❌	❌
$6,000	❌	$49	$59
$10,000	$100	❌	❌
$15,000	❌	$99	$119
$25,000	$150	$199	$199
$50,000	$300	$299	$299
$100,000	$500	$549	$519
$200,000	$950	$999	$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	FundedNext
Broker	Finotive Markets	Eightcap, GrowthNext, Incenteco
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 FundedNext.

Trading Instrument	Finotive Funding	FundedNext
Forex Pairs	✅	✅
Commodities	✅	✅
Indices	✅	✅
Crypto	✅	❌

Community Feedback

The last topic we will go through is community feedback from Finotive Funding and FundedNext. We will be looking at feedback from Trustpilot regarding both proprietary trading firms.

Trustpilot Statistics	Finotive Funding	FundedNext
Rating	4.4/5	4.7/5
Number of Reviews	247	6,530

Finotive Funding has a rating of 4.4/5 out of a total of 247 reviews, while FundedNext has a rating of 4.7/5 out of 6,530 reviews. Based on the statistics, we can clearly see that FundedNext is the more popular proprietary trading firm at the moment.

Conclusion

In conclusion, Finotive Funding and FundedNext 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: a one-step evaluation, a two-step evaluation, and an instant funding program. On the other hand, FundedNext offers four: two one-step evaluations and two two-step evaluations.

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

FundedNext 10% discount code: FOREXPROPREVIEWS

This comparison was lastly updated on 11.08.2023 at 13:37 (CE(S)T).