Fintokei Start Trader provides traders the opportunity to manage account sizes ranging from €20,000 up to €100,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the three-step evaluation period. The Start Trader allows you to trade with up to 1:25 leverage while also being able to choose your account funding between USD, EUR, JPY, and CZK. However, it is important to know the trading objectives and rules of the evaluations, so let’s explore the trading objectives of Fintokei Start Trader.
Fintokei Start Trader Trading Rules & Objectives: Know it
Let’s take a look at the Fintokei Start Trader Trading Rules & Objectives:
- Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is at 2%, whereas Phase 2 is at 3%, and Phase 3 requires reaching a profit target of 6%. Funded accounts do not have any specified profit targets.
- Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
- Maximum Loss – All account sizes have a maximum loss of 10%.
More Rules
- Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. All three evaluation phases have a minimum trading day requirement of 3 days.
- Maximum Trading Period – The maximum trading duration during which you must reach your required profit target and conclude your evaluation phase. All three evaluation phases have a maximum trading period of 180 days.
- No Martingale – Traders cannot employ any form of martingale strategy during their trading activities.
- Consistency Rule – Mandates traders to maintain uniformity in various aspects such as position sizes, risk management, losses, gains, and more. This implies that the account results should not exhibit significant variations in their characteristics. The profits earned on your first trading day should not exceed 40% of your total profits, and a maximum profit of 1% can be earned on trading day 1. (Only applies to all three Evaluation phases)
So, if you think this is the one for you, use our Discount Code (FOREXPROPREVIEWS) for a 10% Discount or read the Review.
