Finotive Funding is a prop trading firm that enables you to trade Forex, Indices, Crypto, Metals, and Energy on MT5 trading platform with up to $3,000,000 funds. What are the evaluation rules on Finotive Funding prop firm?
We’ll explore the funded accounts, pricing, rules, registration, KYC process, available markets, commissions, spreads, and many more on this Finotive Funding review.
Finotive Funding; Company Introduction
Finotive Funding was founded in April 2021 by CEO Oliver Newland. The firm is located in Cyprus and is an affiliate of Finotive Markets LLC brokerage company. The firm provide retail traders with trading capital for a low price. Key features of Finotive Funding:
- Instant funding accounts;
- Exclusive global payroll solution;
- MT5 trading platform;
- Up to 100% profit split;
- Up to 1:400 leverage;
- Weekly withdrawals;
- A salary program.
Finotive Funding Table of Specifications
The company is a proprietary trading firm providing traders with analytical tools and access to live non-execute trading accounts through its partnership with Finotive Markets LLC, a licensed MetaTrader broker. Key specifications of Finotive Funding:
Account currency | USD, GBP, EUR |
Minimum price | $35 |
Maximum leverage | 1:400 |
Maximum profit split | Up to 100% |
Instruments | Forex, Metals, Indices, Energies, Equities, Crypto |
Assets | 300+ |
Evaluation steps | 1-Phase, 2-Phase, Instant Funding |
Withdrawal methods | Finotive Pay, Crypto, PayPal, Revolut, Bank Transfer |
Maximum fund size | $3,000,000 |
First profit target | 7.5% |
Max. daily loss | 8.0% |
Challenge time limit | Unlimited |
News trading | Allowed |
Maximum total drawdown | 16% |
Trading platforms | MT5 |
Commission | Challenge: $4/round lot Instant Funding: $4/round lot Finotive Pro: $3/round lot |
TrustPilot score | 3.8 |
Payout frequency | Weekly |
Established country | Cyprus |
Finotive Funding (Advantages and Disadvantages)
Like any trading platform, Finotive Funding comes with its own set of pros and cons.
Pros | Cons |
Access to the popular MetaTrader 5 platform | Unregulated brokerage partner |
Scaling option up to $3,000,000 | Limited educational resources |
Salary program | Limited contact channels |
Instant funding | Geo-restrictions |
Funding Plans and Pricing
Finotive Funding prop firm offers a variety of account options to cater to different trading styles and experience levels. Here's an overview of their funding plans and pricing structure.
Account Size | Challenge | Instant Funding | Finotive Pro | |||
1 Step | 2 Step | Standard | Aggressive | 1 Step | 2 Step | |
$2,500 | $45 | $35 | $99 | $188 | - | - |
$5,000 | $74 | $59 | $199 | $388 | - | - |
$10,000 | $119 | $99 | $349 | $748 | - | - |
$25,000 | $229 | $199 | $675 | $1,474 | - | - |
$50,000 | $349 | $299 | $1,249 | $2,648 | $600 | $550 |
$75,000 | $499 | $399 | $1,899 | $3,898 | $825 | $725 |
$100,000 | $549 | $499 | - | - | $1,050 | $850 |
$150,000 | $849 | $599 | - | - | $1,550 | $1,250 |
$200,000 | - | - | - | - | $2000 | $1,600 |
Evaluation on Finotive Funding (Rules and Conditions)
The next step in Finotive Funding review is exploring the challenge rules. The firm has established a comprehensive set of conditions to ensure fair and responsible trading.
Features | Challenge | Instant Funding | Finotive Pro | |||
1 Step | 2 Step | Standard | Aggressive | 1 Step | 2 Step | |
Profit Target | 10.0% | 7.5% 5.0% | - | - | 10.0% | 7.5% 5.0% |
Daily Loss Limit | 4.0% | 5.0% | 5.0% | 8.0% | 4.0% | 5.0% |
Total Drawdown | 7.5% | 10.0% | 8.0% | 16.0% | 7.5% | 10.0% |
Leverage | Up to 1:400 | Up to 1:400 | 1:100 | 1:100 | 1:200 | 1:200 |
Profit split | 75% | 75% | 55% | 60% | 75% (up to 100%) | 75% (up to 100%) |
Total Risk Limit | - | - | 2.5% | 5.0% | - | - |
Monthly Salary | - | - | - | - | $500 | $500 |
Does Finotive Funding offer Bonus and Promotion Programs?
While Finotive Funding is known for its innovative approach to prop trading, there's no explicit mention of bonus or promotion programs on its website. However, they do offer coupon codes from time to time.
In the time of writing this article, a 25% discount is automatically applied on all accounts. There is also a 15% discount code (FINCRYPTO) for crypto payments.
Available Markets on Finotive Funding Prop Firm
It’s time to explore available trading instruments on Finotive Funding. The firm offers traders access to a diverse range of financial markets, allowing for varied trading opportunities and portfolio diversification.
- FX Majors;
- FX Minors;
- FX Exotics;
- Metals;
- Indices;
- Energies;
- Equities;
- Crypto.
Finotive Funding Payment Methods
The firm offers a comprehensive and flexible payment solution called "Finotive Pay" along other methods to ensure traders can easily manage their earnings. Finotive Funding payment/payout methods:
Deposit | Withdrawal |
Crypto | Bank Transfer |
Credit/Debit Cards | Crypto |
Finotive Pay (not available on the first payment) | Revolut |
- | PayPal |
- | Finotive Pay |
Over $14 million in total payouts have been processed, and more than 9,000 individual traders have been served.
Commission and Spread
Discussing the fee structure is crucial in the Finotive Funding review. The firm offers a transparent and straightforward fee structure.
Account Type | Commission (per round lot) | Spread |
Challenge | $4 | Varies based on the instruments |
Instant Funding | $4 | |
Finotive Pro | $3 |
Note that the firm doesn’t charge any commissions in the evaluation phases and the mentioned figures only apply to funded accounts.
Finotive Funding on Review Websites (Trust Scores)
When it comes to trader reviews, Finotive Funding receives a mixed bag of feedback.
Some users praise the consistent and timely withdrawals, responsive support team, and salary programs, while others complain about rule changes, higher-than-average spreads on certain instruments, and mandatory stop losses.
3.8 out of 5 based on 542 reviews | |
Forex Peace Army | 1.7 out of 5 based on 4 reviews |
Customer Support
Customer support is a crucial aspect of any prop firm, and Finotive Funding seems to take this seriously, since it’s provided several contact channels for customers.
support@finotivefunding.com | |
Ticket | Through “Contact” form |
Chat Bot | Available on the website |
“Call” service | Book a call through your dashboard |
Finotive Funding Prop Firm on Social Media
The last step on Finotive Funding review is to check the firm’s presence on social media platforms. The company has a Discord community with over 8,000 members. You can join and start communicating with other traders and the team. Finotive Funding social media links:
- Discord;
- Instagram;
- X (Twitter).
By following Finotive Funding on social media, traders can stay updated on the latest trends, participate in discussions, and potentially discover new investment opportunities. This community-driven approach adds value beyond just capital provision.
Expert Suggestions
Finotive Funding supports retail traders by providing trading funds and offering a robust trading platform (MT5), transparent commissions, diverse account types.
Finotive Funding prop firm also provides an exclusive payment method (Finotive Pay) alongside other methods such as Crypto, and Debit/Credit Cards. Share your thoughts about this Finotive Funding review in the comments.
