Welcome to our comparison between Finotive Funding and OFP, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the instant funding programs that both offer to traders from all across the globe.
Company Details
Company Details | Finotive Funding | OFP |
---|---|---|
Incorporation date | April 2021 | February 2022 |
CEO | Oliver Newland | Ruggero Catalano Rossi Danielli |
Office Location | Budapest, Hungary | London, UK |
Scaling Plan |
Finotive Funding and OFP are two reputable and trustworthy proprietary trading firms. Finotive Funding was incorporated in April 2021 while being managed by their CEO, Oliver Newland. They have their offices located in Budapest, Hungary. OFP, on the other hand, was incorporated in February 2022 while being managed by CEO, Ruggero Catalano Rossi Danielli. Additionally, their offices are also located in London, UK.
Funding Program Options
Funding Program Options | Finotive Funding | OFP |
---|---|---|
One-step Evaluation | ||
Two-step Evaluation | ||
Instant Funding |
Finotive Funding provides their traders with an opportunity to choose between six funding programs to acquire funding, two two-step evaluations, two one-step evaluations, and two instant funding programs. OFP, on the other hand, allows its traders to acquire funding through a customizable instant funding program.
Instant Funding Comparison
Trading Rules/Objectives | Standard Instant Funding | Aggressive Instant Funding | OFP – Instant Funding |
---|---|---|---|
Profit Target | |||
Maximum Daily Loss | 5% | 10% | 3%, 4%, or 5% |
Maximum Loss | 8% | 16% | 6%, 8%, or 10% (Trailing) |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
Maximum Trading Period | Unlimited | Unlimited | Unlimited |
Leverage | 1:100 | 1:100 | 1:100 |
Profit Split | 55% up to 75% | 60% up to 75% | 26% up to 80% |
After covering the trading objectives of each company’s instant funding programs, let’s take a look at the account sizes and costs of these instant funding programs.
Account Size | Standard Instant Funding | Aggressive Instant Funding | OFP – Instant Funding |
---|---|---|---|
$2,500 | $99 | $188 | |
$5,000 | $199 | $388 | $18.25 up to $166.80 |
$10,000 | $349 | $748 | $25.75 up to 249.60 |
$25,000 | $675 | $1,474 | $42.75 up to $399 |
$50,000 | $1,249 | $2,648 | $87 up to $788.40 |
$75,000 | $1,899 | $3,898 | |
$100,000 | $2,399 | $5,198 | $171.50 up to $1,507.80 |
$200,000 | $338 up to $2997 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with Finotive Funding and OFP, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
Finotive Funding | OFP | |
---|---|---|
Broker | Finotive Markets | Thunder Markets |
Trading Platform | MetaTrader 5 | cTrader, TradeLocker, Match-Trader |
Trading Instruments
Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with Finotive Funding and which with OFP.
Trading Instrument | Finotive Funding | OFP |
---|---|---|
Forex Pairs | ||
Commodities | ||
Indices | ||
Cryptocurrencies | ||
Bonds |
Community Feedback
The last topic we will cover is community feedback from Finotive Funding and OFP. The statistics are taken from the Trustpilot page of each of the mentioned companies.
Trustpilot Statistics | Finotive Funding | OFP |
---|---|---|
Rating | 3.9/5 | 3.9/5 |
Number of Reviews | 531 | 1,701 |
5-Star Ratings | 72% | 69% |
Finotive Funding has a great rating of 3.9/5. This is out of a total of 531 reviews, where 72% of them are rated as 5 stars. OFP, on the other hand, also has a great rating of 3.9/5. However, this is out of a total of 1,701 reviews, where 69% of them are rated as 5 stars.
Conclusion
In conclusion, Finotive Funding and OFP are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. Finotive Funding has two two-step evaluations, two one-step evaluations, and two instant funding programs, while OFP has a customizable instant funding program.
This concludes our comparison between Finotive Funding and OFP. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an instant funding program to make it even more affordable!
Finotive Funding 5% discount code + 5% increased profit split: FOREXPROPREVIEWS
OFP 15% active discount code: FOREXPROPREVIEWS
Our comparison between Finotive Funding and OFP was last updated on 04.09.2024 at 10:06 (CE(S)T).