Finotive Funding offers funded accounts in a price range of $35 to $2,000 with no time limits. The Finotive Pro program comes with a fixed monthly salary of $500. The first profit target, maximum daily loss, and total drawdown are 7.5%, 8%, and 16%.
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 prop firm provides 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 | $29 |
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 | 7% |
Challenge time limit | Unlimited |
News trading | Allowed |
Maximum total drawdown | 14% |
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 | $39 | $29 | $89 | $179 | - | - |
$5,000 | $59 | $44 | $179 | $349 | - | - |
$10,000 | $99 | $74 | $319 | $700 | - | - |
$25,000 | $199 | $164 | $639 | $1,499 | - | - |
$50,000 | $349 | $290 | $1,299 | $2,699 | $514 | $469 |
$75,000 | $487 | $405 | $1,869 | $3,899 | $714 | $624 |
$100,000 | $589 | $489 | - | $5,019 | $914 | $744 |
$150,000 | $834 | $729 | - | - | $1,369 | $1,119 |
$200,000 | $999 | $899 | - | - | $1,799 | $1,484 |
Unlike some prop trading firms that refund the evaluation fee upon successful completion of the challenge, Finotive Funding has a strict non-refundable policy. All initial fees, whether for Challenge or Instant Funding accounts, are final.
Registration and Verification
Opening an account with Finotive Funding is simple and designed to meet security and compliance standards. You’ll be up and running in just a few steps.
#1 Visit the Finotive Funding Website
Go to the official Finotive Funding homepage.
#2 Access the Finotive Funding Login Section
Click “Log In” from the top menu, then select “Create a New Account for Free.”
#3 Complete the Finotive Funding Form
Enter your personal details, including full name, email, and password, then submit to finalize your account creation.
#4 Finotive Funding KYC
Upon passing the evaluation phase or in the case of purchasing an instant-funded account, you must accept the terms and rules by clicking "Proceed to Confirmation", and then provide KYC documentation (Proof of identity and proof of address) and participate in a video verification process.
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% | 7.5% / 5.0% | - | - | 10.0% | 7.5% / 5.0% |
Daily Loss Limit | 4% | 5.0% | 3.5% | 7% | 4.0% | 5% |
Total Drawdown | 8% | 10.0% | 7.0% | 14% | 8% | 10% |
Leverage | Up to 1:50 | Up to 1:100 | 1:3 | 1:25 | 1:50 | 1:100 |
Profit split | 75% | 75% | 60% | 65% | 75% (up to 100%) | 75% (up to 100%) |
Total Risk Limit | 4.0% / 2.0% | 5.0% / 2.5% | 3.5% / 2.5% | 7.0% / 5.0% | 4.0% / 2.75% | 5.0% / 3.5% |
Monthly Salary | - | - | - | - | $1,500 | $1,500 |
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.
At the time of writing this article, a 25% discount is automatically applied to all accounts. There is also a 15% discount code (FINCRYPTO) for crypto payments.
Finotive Funding Rules
As is usual at Prop Firms, Finotive Funding has certain conditions for trading; Key Points of Finotive Funding Policy:
- VPN & VPS Usage: VPN and VPS are allowed for secure trading as long as there’s no malicious intent.
- Hedging: Hedging is allowed with restrictions, including prohibiting hedging during major news releases and across multiple accounts.
- Expert Advisors (EAs): EAs are allowed, but HFT and Arbitrage EAs are prohibited. Switching from manual to EA trading may reduce profit splits.
- Martingale & Arbitrage Strategies: Martingale strategies are allowed, but Arbitrage strategies are prohibited.
- News Trading: News trading is permitted, with restrictions on high-risk strategies like news straddling and proper risk management required.
VPN & VPS Usage
Traders are allowed to use both VPN and VPS services for secure and efficient trading with Finotive Funding. This enables flexibility to trade from anywhere.
However, there should be no malicious intent behind their use, ensuring that all activities remain within the platform's terms and conditions.
Hedging Policy
Hedging is permitted at Finotive Funding but comes with key restrictions. Traders are not allowed to hold hedged trades during major news releases.
Additionally, hedging across multiple accounts and collusion (placing offsetting trades or synchronized trading) is strictly prohibited.
Expert Advisor (EA) Usage
Finotive Funding allows the use of Expert Advisors (EAs), as long as they comply with the platform's trading rules. HFT (High-Frequency Trading) EAs and Arbitrage EAs are not permitted.
If a trader switches from manual trading to using an EA once funded, there may be a reduction in the profit split.
Martingale & Arbitrage Strategies
Martingale strategies are allowed at Finotive Funding as long as traders follow the platform’s trading rules, particularly the guidelines in Section 7 of the Terms and Conditions.
However, any form of Arbitrage strategies, such as exploiting price feed errors or platform inefficiencies, is strictly prohibited.
News Trading Policy
News trading is welcomed and can be a profitable strategy. However, traders must avoid news straddling, which is considered too risky. Proper risk management should be applied, especially during high-impact news events, to prevent significant slippage or all-or-nothing behavior.
Traders should refrain from risking large portions of their drawdown limits during such events.
Trading Platforms
Finotive Funding prop firm, provides traders access to one of the industry's most popular and reliable trading platforms, MetaTrader 5.
TradingFinder has developed various advanced MT5 indicators that you can use for free
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 | Average 0.2 Pipps |
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.
What Educational Resources Are Available on Finotive Funding?
While Finotive Funding primarily focuses on providing a robust trading platform and funding opportunities, it also offers some limited educational resources through its blog to support traders' development.
The contents evolve around subjects like trading psychology, prop trading features, risk management, and historical data. However, the blog doesn’t pull much strength and offers no more than 20 or 30 articles.
However, TradingFinder has provided many Forex education articles that you can use to expand your knowledge of the market.
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:
- Finotive Funding Discord
- 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.
Finotive Funding Comparison Table
Let's examine the differences between Finotive Funding features and those of other prop firms; Finotive Funding Comparison:
Parameters | Finotive Funding Prop Firm | |||
Minimum Challenge Price | $29 | $39 | $33 | $97 |
Maximum Fund Size | $3,000,000 | $250,000 | $400,000 | $200,000 |
Evaluation steps | 1-Phase, 2-Phase | 1-Step, 2-Step, 3-Step, Instant Funding | 1-Step, 2-Step | 1-Step, 2-Step |
Profit Share | Up to 100% | 100% | 100% | 80% |
Max Daily Drawdown | 7% | 5% | 7% | 5% |
Max Drawdown | 14% | 10% | 14% | 10% |
First Profit Target | 7.5% | 5% | 6% | 5% |
Challenge Time Limit | Unlimited | Unlimited | Unlimited | Unlimited |
Maximum Leverage | 1:100 | 1:100 | 1:100 | 1:100 |
Payout Frequency | Weekly | Bi-weekly | Weekly | Bi-weekly |
Number of Trading Assets | N/A | 3000+ | 40+ | 40 |
Trading Platforms | MetaTrader 5 | Metatrader 5 | MetaTrader 5, Match Trader | MetaTrader 5, cTrader, Dxtrade |
Expert Suggestions
Finotive Funding provides access to funded accounts, ranging from $2,500 to $200K for trading 300+ instruments across 6 asset classes on the MT5 platform. The firm supports Crypto and PayPal weekly withdrawals, and offers an exclusive payroll solution, Finotive Pay.